Havells plans ₹1,400 crore capex for cables and R&D
pre-market1 source ↓written by the desknot a recommendation
- 27% YoY
- with EBIT
- ₹255 crore
- to overall revenue
- 10-12%
Havells India announced a capital expenditure of ₹1,400 crore for FY27, focusing on cables capacity expansion and a new R&D centre. The cables segment reported revenue of ₹2,456 crore, up 27% YoY, with EBIT at ₹255 crore. This investment aligns with the company's strategy to enhance its renewables business, expected to contribute 10-12% to overall revenue.
Not investment advice. For informational purposes only.