CHAPTER 1.

INTRODUCTION
Established in 1958 , Havells India Limited is an Indian
multinational electrical equipment company, based in
Noida. It was founded by Haveli Ram Gandhi, later sold to
Qimat Rai Gupta who was his distributor. The company
manufactures home appliances, lighting for domestic,
commercial and industrial applications, LED lighting, fans,
modular switches and wiring accessories, water heaters,
industrial and domestic circuit protection switchgear,
industrial and domestic cables and wires, induction
motors, and capacitors among others. Havells owns brands
like Havells, Lloyd, Crabtree, Standard Electric, Reo and
Promptec.
Today Havells Itd business span over 60+ countries,
14 manufacturing plants & 35 Branch offices with 14000+
strong dealer network.
 HISTORY
In 1983, it bought the loss-making Delhi-based Towers and
Transformers Ltd and turned it around in a year. Between
1997 and 2001, Havells also bought ECS, Duke Arnics
Electronics, Standard Electricals and Crabtree India. There
was a 50:50 joint venture between Havells and the UK-
based Crabtree, and Havells later acquired Crabtree's stake
in the JV .In 2007, Havells acquired European lighting
company Sylvania for about €200 million.In 2010, Havells
introduced ceramic metal-halide lamp.

In April 2015, Havells acquired a 51% majority stake in

Promptec Renewable before increasing its stake in the
company to 100% in 2018. In December 2015, Havells sold
80% stake in Sylvania Malta and Havells Exim Hong Kong to
Shanghai Feilo Acoustics for ₹1,070 crore (US$166.79
million)and sold the remaining 20% two years later. In
February 2017, it acquired the consumer durables business
of Lloyd Electricals at an enterprise value of ₹1,600 crore
(US$245.69 million).
 CHAPTER- 2
Company Profile :-

Type Public
Traded as BSE : 517354
NSE : HAVELLS
ISIN INE176B01034
INDUSTRY Electrical
equipment
Home appliances
Founded 1958
Founder Qimat Raj Gupta
Headquarter Noida , Uttar
Pradesh , India
Area Served Worldwide
Keg people Anil Rai Gupta
(CMD)
Products Fast Moving
Electrical Goods
Revenue ₹16,910 crore ,
(US$ 2.1 billion)
 Net income ₹ 1,071 crore
(US$130 million )

No of employees 5,781 (2020)

Division LV motors ,
Home appliances,
Kitchen
appliances ,
Lighting,
Consumer and
industrial ,switchg
ear cables and
wires,
Electricals
equipment.
Website www.havells.com
Founder :

Late Sh. Qimat Rai Gupta

Founder Chairman & Managing Director, Havells India Ltd.
Born to a lower middle-class family in the year 1937 in then
undivided Punjab, Late Shri Qimat Rai Gupta’s upbringing was
shaped by Indian quintessence and the teachings of the Bhagwad
Gita.
His career in business began in 1958 with the setting up of a
quaint little electrical goods shop at the electrical market of
Bhagirath Palace in Delhi. He invested capital into creating world-
class manufacturing plants around India. The purchase of a small
electrical good company in 1971 saw a turn of events that led to
its creation, pioneering various trends in the FMEG industry. He
also helped the Indian electrical goods manufacturing achieve
global standards. Today, with a workforce of 6,500 employees and
20,000+ trade partners, with operations spanning across 50
different countries, Havells as a company now stands at a net
worth of USD 1.4 billion.
His partnership with a 20,000 strong network of dealers,
distributors, and retailers has propelled Havells’ profits while also
benefiting its stakeholders.
CHAIRMAN :

Anil Rai Gupta

Chairman And Managing Director

Heading one of the most prominent electrical and consumer

durable companies in India, Shri Anil Rai Gupta is the Chairman
and Managing Director of Havells, and is the son of Late Shri
Qimat Rai Gupta. He has been a constant support to his father for
22 years, supporting him in all his endeavors until in 2014 when
the duties and responsibilities were passed on to him. Mr. Gupta
has catered to the company’s needs since 2006 and has also
served as the Executive Director to the company since 1992 itself.

Being a member of the Shri Ram College of Commerce alumni

committee, in New Delhi, Mr. Gupta has pursued his higher
studies from the Wake Forest University in North Carolina, USA.
He holds an MBA in Marketing and Finance. His marketing
strategies proved to be highly fundamental for transforming
Havells from a family brand to a globally recognized electricals and
consumer durable company.

2003 marked the year for Havells’ success as Mr. Anil Rai Gupta
led the company to diversify from being a sole industrial product.
Havells has an unmatched marketing distribution in today’s day
and age and has henceforth, strengthened its leadership in the
market. Like his father who believed in giving back to the society,
Mr. Anil Rai Gupta, blessed by his late father started the mid-day
meal program through the QRG Foundation. Mr. Anil Rai Gupta,
hence, puts forward his belief in bringing out leaders that would
serve the country through liberal arts. He is also one of the
founding members of one of the first liberal Arts universities in
India, the Ashoka University. His goal of securing the economic
and societal goals of Havells has stemmed deeply through his own
learning and beliefs, as he strives to make the company achieve
greater depths in the coming years.

VISION :
To be a globally recognised corporation known for excellence,
governance, consumer delight and fairness to each stakeholder
including the society and environment in which we operate.

MISSION :
To achieve our vision through business ethics, global reach,
technological expertise, building long-term relationships with all
our associates, customers, partners and employees.
Quality policy :

Eco-friendly, powerful & energy-efficient solutions - these are the

guiding pillars upon which Havells innovations are set to ensure a
sustainable future.

Management Structure :
BOARD OF DIRECTORS :
NAME
Anil Rai Gupta
Surjit Kumar Gupta
Ameet Kumar Gupta
Rajesh Kumar Gupta
Jalal Ashwin Dani
T.V. Mohandas Pai
Puneet Bhatia
Upendra Kumar Sinha
Siddhartha Pandit
Subhash S Mundra
B Prasada Rao
Vivek Mehra
Namrata Kaul
Ashish Bharat Ram
Stock Price listed on BSE /NSE :-
DESIGNATION
CMD
Non - Executive non -
Independent Director
Whole - Time Director
Whole - Time Director
(Finance) and Group CFO
Independent Director
Non - Executive non -
Independent Director
Non - Executive non -
Independent Director
Independent Director
Whole - Time Director
Independent Director
Independent Director
Independent Director
Independent Director
Independent Director
CHAPTER : 3
Product range of the company :

From lighting, switches, electrical circuitry and wiring to home &

kitchen appliances, fans, air coolers and water heaters. The eco-
friendly and power saving, Havells consumer products provide
great functionality and durability, and look chic to suit the needs
of your living spaces.

Product :-

Water Purifier
Fans
Consumer lighting
Appliances
Water heaters
Air coolers
Male & Female grooming range
Pumps
Switches
Cousmer switchgear
Cousmer cables
Air circuit Breakar Titania
Etc.
 Chapter : 4
Market Share in %

Switchgear : Domestic MCB - 29%

Switchgears - Switches : 20%
Cable : Domestic - 16%
Cable - Industrial- 10%
Electrical consumer Durable : Fans - 15%
Lighting & Fixtures - Conventional : 10%-14%.

Chapter:5
CSR INITIATIVES

Havells believes in touching many aspects of human life. And over

the years we have embarked on the journey of social change
through inclusive growth dedicated to the cause of our future and
future generations. With children at the core, our CSR efforts
revolves around, eight strong pillars of Health & Nutrition,
Education, Skill Development, Sanitation, Healthcare,
Environment, Heritage Conservation and other Humanitarian
Causes. These pillars not only move hand in hand with the ones
envisioned by the government but are also a part of United
Nations Sustainable Development Goals. Most of our CSR
activities revolves around improving the lives and livelihood of
communities where they operate.

IMPACT AT A GLANCE
OVER 90 MILLION
Over ninety Million Meals Served since 2005

FEEDING 70,000
Feeding Over 70,000 Students Daily Across 700+ Government
Schools

4000 PAIRS
Over 4000 Pairs of Tables and Benches Donated to Schools

4000 BIO-TOILETS
Over 4000 Bio-Toilets Built in Over 400 Schools

3 LAC GIRLS
Over 3 lakh Girls Benefitting from Reusable Sanitary Pads

18 LAC
Over 18 lakh Trees Planted

HEALTH & NUTRITION

SANITATION
EDUCATION
ENVIRONMENT
SKILL DEVELOPMENT
HERITAGE CONSERVATION
HEALTHCARE
HUMANITARIAN CAUSES
 CHAPTER: 6
MERGERS & ACQUISITION
Havells has acquired the consumer business infrastructure,
people, distribution network including and not limited to
absolute, exclusive ownership and right to all intellectual
property of Brand Lloyd, logo, trademark, goodwill and
attendant rights.
 Chapter 7
COMPETITORS

Havells India's Ltd Competitors :

 Exide Industries.
 CG Power and Industrial Solutions.
 Bajaj Electricals.
 Amara Raja.

Chapter 8
Havells India LTD Recent updates
Source: TOI e newspaper.