Havells India vs Crompton: share price, P/E, ROE and financials compared
Havells India
Crompton Greaves Consumer Electricals
Havells India and Crompton at a glance
Havells India and Crompton are both listed in Consumer Durables. Havells India is the larger by market cap, at ₹70,789 Cr against ₹13,887 Cr for Crompton (5.1 times as large). On valuation, Crompton has the lower price-to-book (4.59× against 7.24×). On returns and margins, Crompton has the higher operating margin (10.3% against 9.1%). Over three years, Havells India has faster 3-year sales growth (+9.9% against +5.6% a year). Neither carries much debt for its equity: debt-to-equity is 0.02× for Havells India and 0.06× for Crompton.
Key metrics, side by side
| Metric | Havells IndiaHAVELLS | CromptonCROMPTON |
|---|---|---|
| Price (₹) | 1,128.00 | 215.66 |
| Market cap (₹ Cr) | 70,789 | 13,887 |
| P/E | 42.6× | – |
| P/B | 7.24× | 4.59× (the lower figure, shaded) |
| Dividend yield, trailing | 0.89% | 1.39% (the higher figure, shaded) |
| ROE | 18.0% | −4.4% |
| ROCE | 22.1% | −1.5% |
| Operating margin (OPM) | 9.1% | 10.3% (the higher figure, shaded) |
| Net margin (NPM) | 6.6% | −2.0% |
| Sales CAGR 3Y | +9.9% (the higher figure, shaded) | +5.6% |
| Profit CAGR 3Y | +16.4% | – |
| Debt to equity | 0.02× | 0.06× |
| Interest cover | 60.5× (the higher figure, shaded) | −2.6× |
| Net profit TTM (₹ Cr) | 1,664 | −176 |
| 1Y return | −28.1% | −27.1% (the higher figure, shaded) |
| Promoter holding | – | 0.00% |
Havells India vs Crompton: common questions
Which is bigger, Havells India or Crompton?
By market cap, Havells India is bigger at ₹70,789 Cr, against ₹13,887 Cr for Crompton (prices as of 6 Nov 2026). Net profit over the last twelve months was ₹1,664 Cr for Havells India and −₹176 Cr for Crompton.
Which has a higher ROE, Havells India or Crompton?
Havells India reports a return on equity of 18.0% and Crompton −4.4%. Crompton’s ROE isn’t ranked because it is loss-making. ROE is net profit as a share of shareholders’ equity.
Which is growing faster, Havells India or Crompton?
Over the last three years: Sales grew +9.9% a year at Havells India and +5.6% at Crompton, so Havells India grew sales faster. Past growth doesn’t predict future growth.