Havells India vs Blue Star: share price & financials comparison
NSE: HAVELLS vs BLUESTARCO · Consumer Durables · as of 13 Nov 2026
Both prices rebased to 100 at the start of the selected period.
Havells India vs Blue Star at a glance
Havells India (HAVELLS) has a market capitalisation of ₹72,864 Cr, against ₹32,633 Cr for Blue Star (BLUESTARCO). Over the past year Blue Star has returned -17.2%, compared with -21.9% for Havells India. On valuation, Havells India trades at a lower P/E of 43.8 versus 61.1. Havells India earns a higher return on equity (17.0% vs 15.3%). Havells India comes out ahead on size, valuation, profitability and technicals. Blue Star comes out ahead on growth and momentum. Across the scored metrics below, Havells India leads on 10 and Blue Star on 7. On StoxGud's 10-point checklist, Havells India scores 4/10 and Blue Star scores 5/10.
| Metric | Havells India | Blue Star |
|---|---|---|
| Size | ||
| Market cap | ₹72,864 Cr | ₹32,633 Cr |
| Revenue (latest FY) | ₹22,528 Cr | ₹12,402 Cr |
| Net profit (latest FY) | ₹1,691 Cr | ₹528 Cr |
| Valuation | ||
| P/E | 43.8 | 61.1 |
| P/B | 7.46 | 9.36 |
| Dividend yield | 0.86% | 0.57% |
| Profitability | ||
| Return on equity | 17.0% | 15.3% |
| Net profit margin | 6.6% | 4.0% |
| Operating margin | 9.1% | 6.9% |
| Growth | ||
| Revenue growth (YoY) | +34.6% | +21.0% |
| Net profit growth (YoY) | +9.6% | +25.2% |
| Revenue CAGR (multi-year) | +16.6% | +23.8% |
| Financial health | ||
| Debt to equity | 0.00 | 0.14 |
| Momentum | ||
| 1-month return | +7.3% | -0.4% |
| 1-year return | -21.9% | -17.2% |
| 3-year CAGR | -2.4% | +18.3% |
| 5-year CAGR | -3.5% | +25.0% |
| 10-year CAGR | +13.5% | +21.0% |
| Distance from 52W high | -22.7% | -21.3% |
| Technicals | ||
| RSI (14) | 78 | 63 |
| Price vs 200-day avg | -4.6% | -4.9% |
Highlighted cells lead on that metric. Market cap, revenue and RSI are shown for context and not scored.
10-point checklist side by side
| Check | Havells India | Blue Star |
|---|---|---|
| Price above 50-day average | ✓ | ✓ |
| Price above 200-day average | ✗ | ✗ |
| 50-day average above 200-day (uptrend) | ✗ | ✗ |
| RSI in healthy 40–70 zone | ✗ | ✓ |
| Positive 1-year return | ✗ | ✗ |
| Return on equity above 15% | ✓ | ✓ |
| Debt to equity below 1 | ✓ | ✓ |
| Revenue growing year on year | ✓ | ✓ |
| Net profit margin above 10% | ✗ | ✗ |
| P/E below industry median | ✗ | ✗ |
| Score | 4/10 | 5/10 |
A rules-based screen for education only — not a buy or sell recommendation.
FAQs
Which is bigger, Havells India or Blue Star?
Havells India has a market cap of ₹72,864 Cr and Blue Star has a market cap of ₹32,633 Cr as of 13 Nov 2026.
Which has a lower P/E, Havells India or Blue Star?
Havells India has the lower P/E: Havells India trades at 43.8 and Blue Star at 61.1.
Which gave better returns in the last year, Havells India or Blue Star?
Blue Star did better: Havells India returned -21.9% and Blue Star returned -17.2% over one year.
What is the difference between Havells India and Blue Star?
Both are NSE-listed companies in Consumer Durables. Havells India is about 2.2 times the size of Blue Star by market cap. In the latest financial year Havells India reported revenue of ₹22,528 Cr and Blue Star ₹12,402 Cr. Operating margin is 9.1% for Havells India and 6.9% for Blue Star. Debt to equity is 0.00 for Havells India and 0.14 for Blue Star.
Which is better, Havells India or Blue Star?
It depends on what you are looking for, and StoxGud does not recommend either stock. On the metrics compared above, Havells India leads on 10 and Blue Star on 7. Havells India is ahead on size, valuation, profitability and technicals. Blue Star is ahead on growth and momentum. On StoxGud's rules-based checklist Havells India scores 4/10 and Blue Star scores 5/10. This is information, not advice: consult a SEBI-registered adviser before investing.