StoxHavells India vs Voltas: share price & financials comparison
NSE: HAVELLS vs VOLTAS · Consumer Durables · as of 13 Nov 2026
Both prices rebased to 100 at the start of the selected period.
Havells India vs Voltas at a glance
Havells India (HAVELLS) has a market capitalisation of ₹72,864 Cr, against ₹37,483 Cr for Voltas (VOLTAS). Over the past year Voltas has returned -16.6%, compared with -21.9% for Havells India. On valuation, Havells India trades at a lower P/E of 43.8 versus 80.2. Havells India earns a higher return on equity (17.0% vs 6.9%). Havells India comes out ahead on size, valuation, profitability, growth and technicals. Voltas comes out ahead on momentum. Across the scored metrics below, Havells India leads on 11 and Voltas on 6. On StoxGud's 10-point checklist, Havells India scores 4/10 and Voltas scores 3/10.
| Metric | Havells India | Voltas |
|---|---|---|
| Size | ||
| Market cap | ₹72,864 Cr | ₹37,483 Cr |
| Revenue (latest FY) | ₹22,528 Cr | ₹14,244 Cr |
| Net profit (latest FY) | ₹1,691 Cr | ₹376 Cr |
| Valuation | ||
| P/E | 43.8 | 80.2 |
| P/B | 7.46 | 5.55 |
| Dividend yield | 0.86% | 0.62% |
| Profitability | ||
| Return on equity | 17.0% | 6.9% |
| Net profit margin | 6.6% | 3.0% |
| Operating margin | 9.1% | 5.2% |
| Growth | ||
| Revenue growth (YoY) | +34.6% | +15.3% |
| Net profit growth (YoY) | +9.6% | +53.5% |
| Revenue CAGR (multi-year) | +16.6% | +13.8% |
| Financial health | ||
| Debt to equity | 0.00 | 0.22 |
| Momentum | ||
| 1-month return | +7.3% | +8.8% |
| 1-year return | -21.9% | -16.6% |
| 3-year CAGR | -2.4% | +11.7% |
| 5-year CAGR | -3.5% | -2.2% |
| 10-year CAGR | +13.5% | +13.4% |
| Distance from 52W high | -22.7% | -27.4% |
| Technicals | ||
| RSI (14) | 78 | 82 |
| Price vs 200-day avg | -4.6% | -11.6% |
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 | Voltas |
|---|---|---|
| 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 | 3/10 |
A rules-based screen for education only — not a buy or sell recommendation.
FAQs
Which is bigger, Havells India or Voltas?
Havells India has a market cap of ₹72,864 Cr and Voltas has a market cap of ₹37,483 Cr as of 13 Nov 2026.
Which has a lower P/E, Havells India or Voltas?
Havells India has the lower P/E: Havells India trades at 43.8 and Voltas at 80.2.
Which gave better returns in the last year, Havells India or Voltas?
Voltas did better: Havells India returned -21.9% and Voltas returned -16.6% over one year.
What is the difference between Havells India and Voltas?
Both are NSE-listed companies in Consumer Durables. Havells India is about 1.9 times the size of Voltas by market cap. In the latest financial year Havells India reported revenue of ₹22,528 Cr and Voltas ₹14,244 Cr. Operating margin is 9.1% for Havells India and 5.2% for Voltas. Debt to equity is 0.00 for Havells India and 0.22 for Voltas.
Which is better, Havells India or Voltas?
It depends on what you are looking for, and StoxGud does not recommend either stock. On the metrics compared above, Havells India leads on 11 and Voltas on 6. Havells India is ahead on size, valuation, profitability, growth and technicals. Voltas is ahead on momentum. On StoxGud's rules-based checklist Havells India scores 4/10 and Voltas scores 3/10. This is information, not advice: consult a SEBI-registered adviser before investing.