Havells India FY26: Rs 1,689 cr profit, Rs 6 dividend

Results announcement and what changed for shareholders

Havells India has announced its financial results for the quarter and year ended March 31, 2026, along with a dividend recommendation. The company reported consolidated profit of Rs 723.39 crore for the fourth quarter and Rs 1,689.25 crore for the full year. Alongside the results, the Board of Directors recommended a final dividend of Rs 6 per equity share of face value Re 1, which translates to a 600% payout for FY2025-26. The company also highlighted that this final dividend is in addition to an interim dividend of Rs 4 per share already declared. For investors, the combined dividend actions and audited-results process typically become key near-term markers during the April to May results season.

Q4 FY26 profit and FY26 profit: the headline numbers

The most important reported number for the March quarter was consolidated profit of Rs 723.39 crore. For the full year ended March 31, 2026, consolidated profit stood at Rs 1,689.25 crore. These figures anchor how the market assesses earnings momentum, especially because Havells sits in the consumer electricals segment where demand and input costs can shift margins quickly. The company’s update ties the profit numbers directly to its year-end close, which is often when boards take final calls on shareholder payouts.

FY26 revenue and Q4 revenue: the top line picture

On the revenue side, Havells India reported annual consolidated revenue of Rs 22,527.77 crore for FY2025-26. For the quarter ended March 31, 2026, revenue was Rs 6,705.20 crore. The company attributed performance to resilience across its diversified product segments, including core electrical and consumer durable businesses. While the disclosure does not break segment-wise growth for FY26 or Q4 FY26, it positions the quarter as a strong close to the year.

Final dividend at Rs 6 and interim dividend at Rs 4

The Board recommended a final dividend of Rs 6 per equity share (face value Re 1 each), translating to 600% for FY2025-26. This comes on top of the interim dividend of Rs 4 per share already declared, reinforcing the company’s stated approach of returning value to shareholders. Dividend actions matter for Havells because they are often read alongside profitability and cash generation expectations, even when the company does not disclose cash flow numbers in the same update. The article context also shows a similar pattern in earlier periods, where a final dividend of Rs 6 per share was recommended alongside an interim dividend of Rs 4 per share.

Board meeting on April 22 and trading window closure

Separately, Havells India Limited announced a board meeting scheduled for April 22, 2026. The stated agenda was to consider standalone and consolidated audited financial results for Q4 FY26 and FY26, along with a final dividend recommendation. The disclosure cited compliance under SEBI Regulation 29. The company also said it closed its trading window from April 1, 2026 until 48 hours after the board meeting, in line with insider trading regulations. Such trading-window closures are standard practice around results and dividend decisions.

Results date references and the April 2026 market snapshot

The provided context also states that Havells India is scheduled to announce its Q4 FY26 (January to March 2026) results on April 29, 2026. As of April 2026, the stock was indicated to trade around Rs 1,530 on the NSE with a market capitalisation of about Rs 96,100 crore. The 52-week range was stated as Rs 1,250 (low) to Rs 1,990 (high), with a trailing P/E of approximately 55x. These data points frame how investors weigh earnings against valuation, particularly in a consumer electricals cycle where premium multiples can be sensitive to guidance and margins.

What Q3 FY26 showed before the year-end close

For context on operating momentum ahead of Q4, Havells’ Q3 FY26 performance (quarter ended December 31, 2025) was described as mixed. Revenue from operations for Q3 FY26 was reported at Rs 5,573.44 crore, while net profit was Rs 301.36 crore. EBITDA for the quarter was Rs 524 crore with an EBITDA margin of 9.40%. The company also declared an interim dividend of Rs 4 per share in that period, with a record date of January 23, 2026 and payment scheduled on or before February 17, 2026. The board also approved the “Havells Employees Stock Purchase Scheme 2026”, to be placed before shareholders at the forthcoming AGM.

What analysts and the market were watching into Q4

The context includes analyst consensus estimates for Q4 FY26 revenue of Rs 5,500 to Rs 5,900 crore, and PAT estimates of Rs 350 to Rs 400 crore. It also notes a 12-month analyst consensus price target range of Rs 1,600 to Rs 2,000, and a short-term range of Rs 1,530 to Rs 1,750. The key items listed to watch included reported revenue and PAT relative to estimates, management guidance for FY27, the dividend announcement, and commentary on macro headwinds such as US tariffs, crude prices, and rural demand. These factors are often the immediate drivers for near-term stock moves around results.

Key data points at a glance

Conclusion

Havells India’s FY26 update combines reported profitability of Rs 1,689.25 crore with a shareholder payout signal through a Rs 6 final dividend, in addition to a Rs 4 interim dividend. The company also outlined governance steps around results approval through an April 22, 2026 board meeting and a trading-window closure from April 1, 2026. With valuation and price levels in April 2026 also in focus, the next market reaction typically hinges on how audited numbers, dividend confirmation, and any FY27 guidance are communicated on the scheduled dates mentioned in the disclosures.