{"id":131488,"date":"2022-07-20T20:26:42","date_gmt":"2022-07-21T00:26:42","guid":{"rendered":"https:\/\/44.250.171.167\/?p=131488"},"modified":"2023-04-25T08:46:21","modified_gmt":"2023-04-25T12:46:21","slug":"havells-india-limited-profits-under-margin-pressure","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/havells-india-limited-profits-under-margin-pressure\/","title":{"rendered":"Havells India Limited: Profits Under Margin Pressure"},"content":{"rendered":"\n<p>Revenue for Q1 FY23 has increased by 63% YoY to \u20b94,244.46 crores. Long Term Borrowings repaid to the tune of \u20b9208 crores. Profit increased by 3% YoY to \u20b9243.16 crores for Q1 FY 2023. Total Expenses rose by 70% YoY to \u20b93,964.76 crores. The management believes that the company will be benefited by commodity prices cooling down. <\/p>\n\n\n\n<figure class=\"wp-block-image size-large is-style-default\"><a href=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2022\/07\/1QFY23-HAVELLS-IG.jpg\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" width=\"841\" height=\"1024\" src=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2022\/07\/1QFY23-HAVELLS-IG-841x1024.jpg\" alt=\"\" class=\"wp-image-131489\" srcset=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2022\/07\/1QFY23-HAVELLS-IG-841x1024.jpg 841w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2022\/07\/1QFY23-HAVELLS-IG-246x300.jpg 246w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2022\/07\/1QFY23-HAVELLS-IG-768x935.jpg 768w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2022\/07\/1QFY23-HAVELLS-IG-1261x1536.jpg 1261w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2022\/07\/1QFY23-HAVELLS-IG.jpg 1280w\" sizes=\"auto, (max-width: 841px) 100vw, 841px\" \/><\/a><\/figure>\n\n\n\n<p>ROCE fell to 29.2% YoY but the Working Capital Cycle improved from 68 days a quarter ago to 23 days. Operating Cash Flow fell to \u20b9338 crores. The management has shared that the firm saw robust growth. However, margin pressures in the Cable Segment and advertising spending on ECD and Lloyd are the reasons for the little growth in profits this quarter. In this quarter\u2019s&nbsp;<a href=\"https:\/\/www.bseindia.com\/xml-data\/corpfiling\/AttachLive\/37c66465-68c8-48f8-9182-febbbf476595.pdf\" target=\"_blank\" rel=\"noreferrer noopener\">results<\/a>, management suggested that the demand outlook seems stable in consumer and residential segments but the industrial and infra segment demand may seem bleak. <\/p>\n\n\n\n<p>To further compare this quarter\u2019s results to the past, check out this&nbsp;<a href=\"https:\/\/44.250.171.167\/infographic-havells-q4-performance\/\" target=\"_blank\" rel=\"noreferrer noopener\">link<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Revenue for Q1 FY23 has increased by 63% YoY to \u20b94,244.46 crores. Long Term Borrowings repaid to the tune of \u20b9208 crores. Profit increased by 3% YoY to \u20b9243.16 crores for Q1 FY 2023. Total Expenses rose by 70% YoY to \u20b93,964.76 crores. The management believes that the company will be benefited by commodity prices [&hellip;]<\/p>\n","protected":false},"author":1885,"featured_media":49407,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[105,392,5753],"tags":[10089],"class_list":["post-131488","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-infographics","category-earnings","category-industrials","tag-quarterly-earnings"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2020\/02\/Trending-stocks.jpg","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":131077,"url":"https:\/\/alphastreet.com\/india\/infographic-5paisa-q1fy23-earnings-snapshot\/","url_meta":{"origin":131488,"position":0},"title":"Infographic: 5Paisa Q1FY23 Earnings snapshot","author":"Karan_Singh","date":"July 12, 2022","format":false,"excerpt":"Income has increased by 38% YoY to \u20b984.1 crores. Broking Income has increased by 37% as Other income improved by 61% YoY. Profit after Tax grew by 3% YoY to \u20b97.4 crores for Q1 FY 2023. EBITDA improved by 21% and Gross Margin which is Gross Margin = Total Revenue\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"trending stocks high volatility","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2020\/02\/Trending-stocks.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2020\/02\/Trending-stocks.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2020\/02\/Trending-stocks.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":170899,"url":"https:\/\/alphastreet.com\/india\/mankind-pharma-q1-fy26-earnings-results\/","url_meta":{"origin":131488,"position":1},"title":"Mankind Pharma Q1 FY26 Earnings Results","author":"Chirag Gupta","date":"September 3, 2025","format":false,"excerpt":"Incorporated in 1995, Mankind Pharma Limited develops, manufactures, and markets pharmaceutical formulations in various acute and chronic therapeutic areas and several consumer healthcare products. Presenting below are its Q1 FY26 earnings results. \u00a0 Q1 FY26 Earnings Results Consolidated Revenue: \u20b93,570.35 crores, up 24.4% YoY (Q1 FY25: \u20b92,867.85 crores). Profit After\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"Mankind Pharma Q1 FY26 Earnings Results","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/09\/6-1.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/09\/6-1.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/09\/6-1.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/09\/6-1.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/09\/6-1.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/09\/6-1.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":170734,"url":"https:\/\/alphastreet.com\/india\/kalpataru-projects-q1-fy26-earnings-results\/","url_meta":{"origin":131488,"position":2},"title":"Kalpataru Projects Q1 FY26 Earnings Results","author":"Chirag Gupta","date":"August 28, 2025","format":false,"excerpt":"Kalpataru Power Transmission Ltd is a global EPC player with diversified interest in power transmission and distribution, oil and gas pipeline, railways and biomass based power generation. Presenting below are its Q1 FY26 earnings results. \u00a0 Q1 FY26 Earnings Results Consolidated Revenue:\u00a0\u20b96,171 crores, up 35% YoY (Q1 FY25: \u20b94,587 crores),\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"Kalpataru Projects Q1 FY26 Earnings Results","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/08\/4-19.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/08\/4-19.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/08\/4-19.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/08\/4-19.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/08\/4-19.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/08\/4-19.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":171072,"url":"https:\/\/alphastreet.com\/india\/mps-q1-fy26-earnings-results\/","url_meta":{"origin":131488,"position":3},"title":"MPS Q1 FY26 Earnings Results","author":"Chirag Gupta","date":"September 9, 2025","format":false,"excerpt":"MPS is a B2B learning and platform solutions company powering education, and research for corporates. MPS has unlocked a new growth trajectory due to the combined effect of lower attention spans, rapid growth in digital consumption, and the recent advances in AI\/ML. Presenting below are its Q1 FY26 earnings results.\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"MPS Q1 FY26 Earnings Results","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/09\/2-5.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/09\/2-5.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/09\/2-5.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/09\/2-5.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/09\/2-5.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/09\/2-5.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":171111,"url":"https:\/\/alphastreet.com\/india\/nesco-q1-fy26-earnings-results\/","url_meta":{"origin":131488,"position":4},"title":"NESCO Q1 FY26 Earnings Results","author":"Chirag Gupta","date":"September 10, 2025","format":false,"excerpt":"NESCO is engaged in the businesses of Licencing premises in IT park buildings and providing related services, licencing premises for exhibitions and providing services to the organisers, manufacturing of machines and capital equipment, and providing hospitality and catering services. Presenting below are its Q1 FY26 earnings results. \u00a0 Q1 FY26\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"NESCO Q1 FY26 Earnings Results","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/09\/2-6.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/09\/2-6.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/09\/2-6.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/09\/2-6.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/09\/2-6.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/09\/2-6.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":142215,"url":"https:\/\/alphastreet.com\/india\/prism-johnson-limited-q3fy23-earnings-story\/","url_meta":{"origin":131488,"position":5},"title":"Prism Johnson Limited Q3FY23 Earnings Story","author":"Karan_Singh","date":"February 17, 2023","format":false,"excerpt":"The biggest integrated building materials company in India, Prism Johnson Limited was founded in 1992 and offers a variety of goods, including cement, ready-mixed concrete, tiles, sanitary ware, and bath fittings. Financial Results: Revenues for Q3 FY23 increased by 7.6% YoY, driven primarily by Prism Cement's significant double-digit growth. HRJ\u2026","rel":"","context":"In &quot;Earnings&quot;","block_context":{"text":"Earnings","link":"https:\/\/alphastreet.com\/india\/category\/earnings\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/09\/cement-g3b81058c8_640-1.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/09\/cement-g3b81058c8_640-1.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/09\/cement-g3b81058c8_640-1.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/131488","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/users\/1885"}],"replies":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/comments?post=131488"}],"version-history":[{"count":0,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/131488\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media\/49407"}],"wp:attachment":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media?parent=131488"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/categories?post=131488"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/tags?post=131488"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}