Hitachi Energy India vs Havells India: share price & financials comparison
NSE: POWERINDIA vs HAVELLS · Capital Goods · as of 13 Nov 2026
Both prices rebased to 100 at the start of the selected period.
Hitachi Energy India vs Havells India at a glance
Hitachi Energy India (POWERINDIA) has a market capitalisation of ₹1,40,914 Cr, against ₹72,864 Cr for Havells India (HAVELLS). Over the past year Hitachi Energy India has returned +54.4%, compared with -21.9% for Havells India. On valuation, Havells India trades at a lower P/E of 43.8 versus 117.0. Hitachi Energy India earns a higher return on equity (20.9% vs 17.0%). Hitachi Energy India comes out ahead on profitability, growth, momentum and technicals. Havells India comes out ahead on size and valuation. Across the scored metrics below, Hitachi Energy India leads on 10 and Havells India on 6. On StoxGud's 10-point checklist, Hitachi Energy India scores 8/10 and Havells India scores 4/10.
| Metric | Hitachi Energy India | Havells India |
|---|---|---|
| Size | ||
| Market cap | ₹1,40,914 Cr | ₹72,864 Cr |
| Revenue (latest FY) | ₹8,148 Cr | ₹22,528 Cr |
| Net profit (latest FY) | ₹988 Cr | ₹1,691 Cr |
| Valuation | ||
| P/E | 117.0 | 43.8 |
| P/B | 24.48 | 7.46 |
| Dividend yield | 0.02% | 0.86% |
| Profitability | ||
| Return on equity | 20.9% | 17.0% |
| Net profit margin | 11.7% | 6.6% |
| Operating margin | 14.8% | 9.1% |
| Growth | ||
| Revenue growth (YoY) | +63.5% | +34.6% |
| Net profit growth (YoY) | +20.5% | +9.6% |
| Revenue CAGR (multi-year) | +15.6% | +16.6% |
| Financial health | ||
| Debt to equity | 0.00 | 0.00 |
| Momentum | ||
| 1-month return | +4.4% | +7.3% |
| 1-year return | +54.4% | -21.9% |
| 3-year CAGR | +93.4% | -2.4% |
| 5-year CAGR | +65.7% | -3.5% |
| 10-year CAGR | — | +13.5% |
| Distance from 52W high | -17.8% | -22.7% |
| Technicals | ||
| RSI (14) | 70 | 78 |
| Price vs 200-day avg | +5.7% | -4.6% |
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 | Hitachi Energy India | Havells India |
|---|---|---|
| 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 | 8/10 | 4/10 |
A rules-based screen for education only — not a buy or sell recommendation.
FAQs
Which is bigger, Hitachi Energy India or Havells India?
Hitachi Energy India has a market cap of ₹1,40,914 Cr and Havells India has a market cap of ₹72,864 Cr as of 13 Nov 2026.
Which has a lower P/E, Hitachi Energy India or Havells India?
Havells India has the lower P/E: Hitachi Energy India trades at 117.0 and Havells India at 43.8.
Which gave better returns in the last year, Hitachi Energy India or Havells India?
Hitachi Energy India did better: Hitachi Energy India returned +54.4% and Havells India returned -21.9% over one year.
What is the difference between Hitachi Energy India and Havells India?
Both are NSE-listed companies in Capital Goods. Hitachi Energy India is about 1.9 times the size of Havells India by market cap. In the latest financial year Hitachi Energy India reported revenue of ₹8,148 Cr and Havells India ₹22,528 Cr. Operating margin is 14.8% for Hitachi Energy India and 9.1% for Havells India. Debt to equity is 0.00 for Hitachi Energy India and 0.00 for Havells India.
Which is better, Hitachi Energy India or Havells India?
It depends on what you are looking for, and StoxGud does not recommend either stock. On the metrics compared above, Hitachi Energy India leads on 10 and Havells India on 6. Hitachi Energy India is ahead on profitability, growth, momentum and technicals. Havells India is ahead on size and valuation. On StoxGud's rules-based checklist Hitachi Energy India scores 8/10 and Havells India scores 4/10. This is information, not advice: consult a SEBI-registered adviser before investing.