₹717.77
Above FV▼ -35.7% against the close used
Model range ₹49.56 – ₹1,033.53
The lowest and highest of the models that produced a value. This is the spread of the methods, not a price target.
Bear₹49.56Fair value₹717.77Bull₹1,033.53
FairClose
52-week traded range
52W low ₹1,116.0052W high ₹1,614.80
The 52-week range is measured from the stored price history, not estimated.
Trading above the consensus fair value
Havells India Limited closed at ₹1,116.00, 55.5% above the consensus fair value of ₹717.77 drawn from 9 valuation models.
Financial DNA score 55/100 — Good. P/E of 41.8x against the 20x sector multiple the P/E model uses.
Quantitative summary only — not investment advice.
DCF Valuation
₹49.56
-95.6%
Σ[CF×(1+g)^n/(1.10)^n] + TV/(1.10)^10
g=9%, r=10%, tg=3%, n=10yr
Graham Number
₹301.18
-73.0%
√(22.5 × EPS × BVPS)
EPS=26.95, BVPS=149.6 · outside Graham range (P/E 41.8, P/B 7.5) — asset-light, treat as a rough floor
Graham Formula
₹1,033.53
-7.4%
EPS × (8.5 + 2g) × 6.5 ÷ FD_Rate
g=16.4%, FD=7%
P/E Fair Value
₹937.86
-16.0%
EPS × 34.8x (sector P/E)
EPS=26.95, Sector P/E=34.8x
Peter Lynch (PEG)
₹441.98
-60.4%
EPS × Growth% (PEG = 1 is fair)
EPS=26.95, g=16.4%
EV/EBITDA
₹765.89
-31.4%
(EBITDA × 18x − Net Debt) ÷ Shares
EBITDA=26.73B
Book Value (P/B)
₹486.19
-56.4%
BVPS × (ROE−g)÷(r−g) [Justified P/B — RIM-based]
BVPS=149.6, ROE=19%, g=6%, r=10%
Reverse DCF
₹1,116.00
+0.0%
Solve for g: Price = Σ[EPS×(1+g)^n/(1.10)^n] + TV
Implied: 17% | Historical: 16.4%
Margin of Safety
₹435.40
-61.0%
Avg(DCF, Graham, P/E) × 75% (25% safety buffer)
Avg fair value=580.53, MoS=25%
Computed on September 12, 2026 from the most recent annual report on file and that day's closing price. Where a company has seen its earnings move sharply since its last annual report, this figure will lag the market.
Educational data only. Not a recommendation to buy, sell or hold any security.