Type | Public |
---|---|
ISIN | INE176B01034 |
Industry | |
Founded | 1958[1] |
Founder | Qimat Rai Gupta |
Headquarters | Noida, Uttar Pradesh, India |
Area served | Worldwide |
Key people | Anil Rai Gupta (Chairman & MD) [2] |
Products | Fast Moving Electrical Goods |
Revenue | ₹13,940 crore (US$1.7 billion) (FY22) [3] |
₹1,500.96 crore (US$190 million) (FY22) [3] | |
₹1,196.47 crore (US$150 million) (FY22) [3] | |
Total assets | ₹7,073 crore (US$890 million) (2020) [3] |
Total equity | ₹4,248 crore (US$530 million) (2020) [3] |
Number of employees | 5,781 (2020) [3] |
Divisions | |
Website | www |
Havells India Limited is an Indian multinational electrical equipment company, based in Noida. It was founded by Haveli Ram Gandhi, later sold to Qimat Rai Gupta who was his distributor. The company manufactures home appliances, lighting for domestic, commercial and industrial applications, LED lighting, fans, modular switches and wiring accessories, water heaters, industrial and domestic circuit protection switchgear, industrial and domestic cables and wires, induction motors, and capacitors among others. Havells owns brands like Havells, Lloyd, Crabtree, Standard Electric, Reo and Promptec.
The company has 23 branches or representative offices with over 6,000 workers in over 50 countries. India's first Lloyd's exclusive outlet is acquired by businessman Rajan Bansal. The store is situated in western part of New Delhi, Paschim Vihar. [4] [5] As of 2016, it has 11 manufacturing plants in India located at Haridwar, Baddi, Noida, Faridabad, Alwar, Neemrana, and Bengaluru. [6]
In 1983, it bought the loss-making Delhi-based Towers and Transformers Ltd and turned it around in a year. Between 1997 and 2001, Havells also bought ECS, Duke Arnics Electronics, Standard Electricals and Crabtree India. There was a 50:50 joint venture between Havells and the UK-based Crabtree, and Havells later acquired Crabtree's stake in the JV. [7] [8] In 2007, Havells acquired European lighting company Sylvania for about €200 million. [9] [10] In 2010, Havells introduced ceramic metal-halide lamp. [11]
In April 2015, Havells acquired a 51% majority stake in Promptec Renewable [12] before increasing its stake in the company to 100% in 2018. In December 2015, Havells sold 80% stake in Sylvania Malta and Havells Exim Hong Kong to Shanghai Feilo Acoustics for ₹1,070 crore (US$166.79 million) [13] and sold the remaining 20% two years later. [14] In February 2017, it acquired the consumer durables business of Lloyd Electricals at an enterprise value of ₹1,600 crore (US$245.69 million). [15]
Havells provides mid-day meals for school children in Alwar district, covering 50,000 students per day. [16]
In 2014, Havells was listed 125th among 1200 of India's most trusted brands according to the Brand Trust Report 2014, a study conducted by Trust Research Advisory. [17]
Reliance Industries Limited is an Indian multinational conglomerate, headquartered in Mumbai. Its businesses include energy, petrochemicals, natural gas, retail, telecommunications, mass media, and textiles. Reliance is the largest public company in India by market capitalisation and revenue, and the 100th largest company worldwide. It is India's largest private tax payer and largest exporter, accounting for 7% of India's total merchandise exports. The company has relatively little free cash flow and high corporate debt.
United Breweries Holdings Limited (UBHL), also called UB Group, is an Indian conglomerate headquartered in UB City, Bangalore, Karnataka. Its core business includes beverages and investments in various sectors. The company markets beer under the Kingfisher brand, and owns various other brands of alcoholic beverages. United Breweries is India's largest producer of beer.
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Reliance Retail is an Indian retail company and a subsidiary of Reliance Industries. Founded in 2006, it is the largest retailer in India in terms of revenue. Its retail outlets offer foods, groceries, apparel, footwear, toys, home improvement products, electronic goods, and farm implements and inputs. Apart from physical outlets, the company also sells products on its e-commerce channels. It has 280,000 employees at 16,700 store locations.
Havells Sylvania and formerly SLI, is an international designer and manufacturer of lighting products, trading as Sylvania. It has plants throughout Europe, Asia, North Africa and Central and South America, and is one of the few lighting companies that produces both lamps and lighting fixtures. It is owned by Shanghai Feilo Acoustics Ltd., having previously been owned by the Indian electrical company Havells.
Jubilant FoodWorks Limited is an Indian food service company based in Noida, Uttar Pradesh which holds the master franchise for Domino's Pizza in India, Nepal, Sri Lanka and Bangladesh, for Popeyes in India, Bangladesh, Nepal and Bhutan, and also for Dunkin' Donuts in India. The company also operates two homegrown restaurant brands called Ekdum! and Hong's Kitchen. Jubilant FoodWorks is a part of the Jubilant Bhartia Group, owned by Shyam Sunder Bhartia and Hari Bhartia.
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Anil Rai Gupta is an Indian businessman. He is the chair and managing director of Havells India.
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