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Havells
4.0
based on 3.3k Reviews
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Company Overview
Associated Companies
Company Locations
Working at Havells
Company Summary
0
Overall Rating
4.0/5
based on 3.3k reviews
3% above
industry average
Highly rated for
Salary, Work-life balance
Work Policy
Work from office
74% employees reported
Monday to Saturday
50% employees reported
Strict timing
57% employees reported
Within city
42% employees reported
View detailed work policy
Top Employees Benefits
Health insurance
182 employees reported
Job/Soft skill training
171 employees reported
Cafeteria
70 employees reported
Office cab/shuttle
57 employees reported
View all benefits
About Havells
Founded in1983 (42 yrs old)
India Employee Count5k-10k
Global Employee Count5k-10k
India HeadquartersNoida, Uttar Pradesh, India
Office Locations
Websitehavells.com
Primary Industry
Other Industries
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Havells India Limited is a leading Fast Moving Electrical Goods (FMEG) Company and a major power distribution equipment manufacturer with a strong global presence. Havells enjoys enviable market dominance across a wide spectrum of products, including Industrial & Domestic Circuit Protection Devices, Cables & Wires, Motors, Fans, Modular Switches, Home Appliances, Air Conditioners, Electric Water Heaters, Power Capacitors, Luminaires for Domestic, Commercial and Industrial Applications.
Mission: To achieve our vision through business ethics, global reach, technological expertise, building long-term relationships with all our associates, customers, partners and employees.
Vision: To be a globally recognised corporation for excellence, governance, consumer delight and fairness to each stakeholder including the society and environment we operate in.
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Brands of Havells
Crabtree
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Havells Ratings
based on 3.3k reviews
Overall Rating
4.0/5
How AmbitionBox ratings work?
5
1.6k
4
876
3
427
2
156
1
242
Category Ratings
3.8
Salary
3.8
Work-life balance
3.7
Company culture
3.7
Job security
3.7
Skill development
3.7
Work satisfaction
3.4
Promotions
Havells is rated 4.0 out of 5 stars on AmbitionBox, based on 3.3k company reviews. This rating reflects a generally positive employee experience, indicating satisfaction with the company’s work culture, benefits, and career growth opportunities. AmbitionBox gathers authentic employee reviews and ratings, making it a trusted platform for job seekers and employees in India.
Read more
Gender Based Ratings at Havells
based on 3.2k reviews
3.6
Rated by 130 Women
Rated 3.8 for Job security and 3.6 for Work-life balance
4.0
Rated by 3k Men
Rated 3.8 for Work-life balance and 3.8 for Salary
Work Policy at Havells
based on 525 reviews in last 6 months
Work from office
74%
Hybrid
20%
Permanent work from home
6%
Havells Reviews
Top mentions in Havells Reviews
+ 5 more
Compare Havells with Similar Companies
Change Company | Change Company | Change Company | ||
|---|---|---|---|---|
Overall Rating | 4.0/5 based on 3.3k reviews | 4.3/5 based on 1.5k reviews | 4.0/5 based on 2.2k reviews | 3.8/5 based on 704 reviews |
Highly Rated for | Work-life balance Salary | Company culture Work-life balance Job security | Work-life balance Salary Company culture | Salary |
Critically Rated for | No critically rated category | No critically rated category | No critically rated category | Promotions |
Primary Work Policy | Work from office 74% employees reported | Work from office 70% employees reported | Work from office 66% employees reported | Work from office 68% employees reported |
Rating by Women Employees | 3.6 Good rated by 130 women | 4.3 Good rated by 76 women | 3.6 Good rated by 98 women | 3.9 Good rated by 42 women |
Rating by Men Employees | 4.0 Good rated by 3k men | 4.3 Good rated by 1.3k men | 4.0 Good rated by 2k men | 3.8 Good rated by 575 men |
Job security | 3.7 Good | 4.3 Good | 3.6 Good | 3.6 Good |
View more
Havells Salaries
Havells salaries have received with an average score of 3.8 out of 5 by 3.3k employees.
Deputy Manager
(607 salaries)
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₹7.2 L/yr - ₹18.8 L/yr
Senior Engineer
(399 salaries)
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₹3.6 L/yr - ₹13.5 L/yr
Sales Executive
(283 salaries)
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₹1.2 L/yr - ₹6.1 L/yr
Senior Sales Executive
(223 salaries)
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₹3 L/yr - ₹9.1 L/yr
Assistant General Manager
(197 salaries)
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₹15 L/yr - ₹45 L/yr
Area Head
(144 salaries)
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₹5 L/yr - ₹15 L/yr
Sales Manager
(141 salaries)
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₹6.9 L/yr - ₹23 L/yr
Area Sales Manager
(138 salaries)
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₹4.7 L/yr - ₹17.8 L/yr
Sales Officer
(125 salaries)
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₹2 L/yr - ₹5.2 L/yr
Production Engineer
(113 salaries)
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₹0.7 L/yr - ₹6.5 L/yr
Havells Interview Questions
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Havells News
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Polycab, RR Kabel, Finolex, KEI Industries, Havells: How UltraTech short circuited cable stocks
- The announcement of UltraTech Cement's entry into the cables and wires space caused a significant decline in the market value of cable stocks.
- Investors reacted negatively due to overall market weakness, high valuations of the sector, and learnings from the paints industry experience.
- Wire stocks have high price-to-earnings ratios despite a 21% correction in the past year, which made the negative news more impactful.
- Havells India, with its diversified portfolio, is better positioned to absorb the competition in the cable and wires segment.
HinduBusinessLine | 1 Mar, 2025
Havells To Finolex: Wire And Cable Stocks Recover After Selling Pressure From UltraTech's Entry Plan
- The wire and cable sector experienced a recovery following selling pressure from UltraTech's entry plan.
- On Friday, the market capitalisation of the top cable and wire stocks grew by Rs 1,514 crore, partially recovering from a sharp decline of Rs 35,500 crore on Thursday.
- Finolex Cables saw a slight increase of 0.43% in its stock price, bringing its market cap to Rs 12,629.73 crore.
- Havells India saw a gain of 0.26%, with its market cap standing at Rs 90,737.28 crore.
Bloomberg Quint | 28 Feb, 2025
Polycab, KEI Industries, RR Kabel, Havells and Finolex Cables crash on UltraTech’s entry into cables & wires space
- UltraTech's entry into the cables and wires space resulted in a crash in the stock prices of Polycab, KEI Industries, RR Kabel, Havells, and Finolex Cables.
- Analysts anticipate a de-rating in valuation multiples for other players in the space. However, KEI, Polycab, and Havells are expected to remain bullish.
- Nuvama Institutional Equities states that UltraTech's entry is unlikely to impact the FY25-28 earnings of cables and wires players.
- ICICI Securities predicts a potential contraction in margins for players due to aggressive pricing by UltraTech.
HinduBusinessLine | 27 Feb, 2025
KEI Industries, Polycab, Havells Share Prices Go Haywire After UltraTech's Cables Entry Plan
- Shares of Polycab India, KEI Industries, R R Kabel, and Havells India saw a sharp decline after UltraTech Cements announced plans to enter the cables and wires business.
- The entry of UltraTech is expected to create healthy competition among organized players, according to Macquarie.
- KEI Industries shares fell by 20%, Polycab shares fell by 15%, and Havells shares fell by 9.41% on the NSE.
- Analysts have mixed recommendations for these stocks, with some suggesting a 'buy' and others recommending a 'hold' or 'sell'.
Bloomberg Quint | 27 Feb, 2025
Buy Havells India, Target Price Of Rs 1800 — ICICI Securities
- ICICI Securities recommends buying Havells India with a target price of Rs 1800.
- Focus on market share gains of Lloyd has helped outpace Havells' peers in air conditioners, but resulted in losses over FY20–24.
- ICICI Securities expects revenue/PAT CAGRs of 14.4%/19.5% over FY24–27E for Havells India.
- The brokerage maintains a Buy rating with a DCF-based target price of Rs 1,800 (implied P/E of 52x FY27E EPS).
Bloomberg Quint | 25 Feb, 2025
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SpicyIP Weekly Review (February 17 – February 23)
- Madras High Court accepted a Letter Rogatory from the US District Court directing Softgel Healthcare to furnish confidential information, marking potential errors in judgment.
- Thomson Reuters vs. Ross Intelligence case highlights flaws in the originality analysis of copyright infringement claims, sparking interest among legal enthusiasts.
- Delhi High Court clarifies the level of information access for scientific expert tiers in the Syngenta case, outlining the role of confidentiality club members.
- Music labels in India, including T-Series and Saregama, claim copyright infringement by OpenAI's use of sound recordings for model training, mirroring the ANI-OpenAI dispute.
- Delhi HC vacated an injunction in DCM Shriram v. Amreek Singh due to suppression of material facts and claimed widespread recognition of trademarks by the defendant.
- CGPDTM invites comments on Draft Guidelines for Processing Patent Applications of Ayush Systems and Related Inventions for clarity on filing and processing procedures.
- SpicyIP aims to expand IP conversations through multilingual writing, encouraging contributions in regional languages to enhance inclusivity in the discourse.
- Courts address various IP disputes, including trademark infringement cases like Havells India Limited vs. Cab-Rio Industries over 'REO' mark and multi-million dollar copyright lawsuit dismissal against Will Smith.
- IP developments globally involve disputes like Birkenstock's lost copyright protection bid and an Austrian businessman's attempt to cancel 007 trademark registrations for a resort project.
- In a significant case, Delhi HC limited Instagram handle infringement of House of Masaba's trademarks, demonstrating ongoing legal battles in the IP domain.
Spicyip | 24 Feb, 2025
Dipesh Shah Appointed CTO & President, Havells Centre for Research & Innovation, Strengthening R&D Focus
- Havells India Ltd strengthens its commitment to innovation and technology with the appointment of Dipesh Shah as CTO and President of Havells Centre for Research & Innovation (CRI).
- This strategic move aims to accelerate R&D investments and reinforce Havells as a consumer-centric, technology-driven brand with indigenous technology from India.
- Dipesh Shah brings extensive experience in smart home solutions and AI-driven consumer products, previously leading Samsung's Software R&D Centre.
- Havells is focused on developing high-performance, smart, and sustainable solutions to enhance consumer well-being in India and beyond.
All Things Talent | 20 Feb, 2025
Havells appoints Dipesh Shah as CTO & president, Havells CRI
- Dipesh Shah has been appointed as the chief technology officer (CTO) and president of Havells Centre for Research & Innovation (CRI), India.
- Havells aims to accelerate its R&D investments and reinforce its position as a consumer-centric, technology-driven brand.
- Dipesh Shah brings almost 32 years of experience in embedded system software, wireless communications, and on-device AI.
- Havells' CRI centres will focus on developing high-performance, smart, and sustainable solutions tailored for consumers in India and beyond.
HRKatha | 20 Feb, 2025
Havells India: What should investors do?
- Havells India has a diversified presence across various sectors and demographics, making it a comprehensive play on Consumer Durables.
- The switchgear, cables, and lighting segments are expected to benefit from revival in government capex and strong demand in the power sector.
- The durables segment, including ACs, personal grooming, water purifiers, and air coolers, has shown strong growth and is expected to continue gaining market share.
- Havells' focus on improving market share, cost efficiency measures, and various margin expansion levers provide upside potential, but investors should consider valuation before investing.
HinduBusinessLine | 15 Feb, 2025
Havells Share Price Target 2025 2026 to 2030
- Havells India Ltd, founded in 1966, has shown strong stock performance and has been listed on the NSE since 2001.
- Havells Share Price Today has been down by 1.34% so far against its previous close on Monday at Rs 1,837.
- Havells Share Price Target 2025: Monthly projections with a maximum target of ₹2,810.87 and a minimum target of ₹1,760.55 by December.
- Havells Share Price Target 2026 to 2030: Yearly projections with a maximum target of ₹6,280.00 and a minimum target of ₹2,810.03 by 2030.
VIE Stories | 13 Feb, 2025
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Havells Subsidiaries
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Compare Havells with
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4.0
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3.2
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3.8
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4.0
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C&S Electric
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4.0
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3.5
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Havells FAQs
When was Havells founded?
Havells was founded in 1983. The company has been operating for 42 years primarily in the Electrical Equipment sector.
Where is the Havells headquarters located?
Havells is headquartered in Noida, Uttar Pradesh. It operates in 8 cities such as Noida, Lucknow, Bangalore / Bengaluru, Chennai, Ahmedabad. To explore all the office locations, visit Havells locations.
How many employees does Havells have in India?
Havells currently has more than 7,400+ employees in India. Sales & Business Development department appears to have the highest employee count in Havells based on the number of reviews submitted on AmbitionBox.
Does Havells have good work-life balance?
Havells has a Work-Life Balance Rating of 3.8 out of 5 based on 3,300+ employee reviews on AmbitionBox. 75% employees rated Havells 4 or above, while 25% employees rated it 3 or below on work-life balance. This indicates that the majority of employees feel a generally balanced work-life experience, with some opportunities for improvement based on the feedback. We encourage you to read Havells work-life balance reviews for more details
Is Havells good for career growth?
Career growth at Havells is rated as moderate, with a promotions and appraisal rating of 3.4. 25% employees rated Havells 3 or below, while 75% employees rated it 4 or above on promotions/appraisal. This rating suggests that while some employees view growth opportunities favorably, there is scope for improvement based on employee feedback. We recommend reading Havells promotions/appraisals reviews for more detailed insights.
What are the pros of working in Havells?
Working at Havells offers several advantages that make it an appealing place for employees. The company is highly rated for salary & benefits and work life balance, based on 3,300+ employee reviews on AmbitionBox.
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