Havells India Q2 Results FY27 Preview: Results Date, Expectations and the Numbers That Will Decide the September 2026 Quarter

Track the latest Havells India Ltd. share price on Univest. The Havells India Q2 results will be closely watched once the September 2026 quarter numbers are announced, as investors look for continuity in the operating trends seen over the last five reported quarters. Havells India Ltd. operates in consumer electricals, switchgear, cables and the Lloyd air conditioning and appliances business, and its June 2026 quarter (Q1 FY27) performance already offers useful context for what the upcoming Havells India Q2 results could look like on a qualitative basis.

Q1 FY27 revenue Rs 6518 cr, OPM 7.15%. Q2 FY26 (Sep25) revenue Rs 4779 cr, OPM 9.17%. CMP Rs 1086.00, PE 40.92, ROE 19.0%.

This preview does not forecast any specific number for the Havells India Q2 results, since that quarter has not yet been reported. Instead, it lays out the historical run rate, the base quarter for year on year comparison, and the qualitative factors that are likely to shape how the Havells India Q2 results are read by the market once they are out.

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Havells India Q2 Results Date: When Could Q2 FY27 Numbers Be Announced

Indian listed companies typically announce results for the July to September quarter in the second half of October or the first two to three weeks of November, once the board approves the financials. Going by this broad pattern and the timing followed for the June 2026 quarter, the Havells India Q2 results are likely to be announced sometime in that same October to mid-November window. An exact date will only be confirmed once Havells India intimates its board meeting date to the exchanges, so investors tracking the Havells India Q2 results should watch for that official exchange filing rather than relying on an assumed date.

What to Expect From the Havells India Q2 results

No specific revenue, profit or margin number for the September 2026 quarter can be verified in advance, and none is assumed here. What can reasonably be discussed ahead of the Havells India Q2 results are the qualitative factors that have driven recent quarters and are likely to remain relevant this time as well. For Havells India, the key threads to watch ahead of the Havells India Q2 results include:

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• demand recovery in cables, wires and switchgear after a muted monsoon-quarter pattern
• the tail end of the Lloyd air conditioner and cooling appliances season, which typically peaks earlier in the year
• input cost trends in copper and aluminium, which directly affect gross margin
• channel inventory and dealer sentiment heading into the festive and winter appliance season

These are trend based observations, not predictions of a specific outcome for the Havells India Q2 results, and actual performance will only be known once the company reports.

Previous Quarter Performance: Q1 FY27 (June 2026 Quarter)

Before looking ahead to the Havells India Q2 results, it helps to revisit the most recently reported quarter. In Q1 FY27 (the June 2026 quarter), Havells India Ltd. reported revenue of Rs 6518 crore, operating profit of Rs 466 crore, an operating profit margin (OPM) of 7.15%, and net profit of Rs 290 crore. Compared with Q4 FY26 (the March 2026 quarter), when revenue stood at Rs 6705 crore and OPM was 10.87%, the June 2026 quarter OPM contracted sequentially. This June 2026 base is the most recent reported quarter and forms the starting point for any qualitative read on the Havells India Q2 results.

Q2 FY26 (September 2025 Quarter): The Base for Comparison

The Havells India Q2 results for the September 2026 quarter will eventually be compared on a year on year basis with Q2 FY26, the September 2025 quarter. In that base quarter, Havells India Ltd. had reported revenue of Rs 4779 crore, operating profit of Rs 438 crore, an OPM of 9.17%, and net profit of Rs 318 crore. This September 2025 print is the actual, already reported base quarter, and it is the number against which any year on year change in the Havells India Q2 results will be measured once the company reports, not a forecast of what the new quarter will show.

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Recent Trend Across the Last Five Quarters

Looking at all five most recently reported quarters together gives a fuller picture ahead of the Havells India Q2 results than any single quarter can. The table below lists actual, already reported figures only.

Revenue has moved between Rs 4779 crore and Rs 6705 crore over these five quarters, while OPM has ranged from 7.15% to 10.87%. This range is useful context for the Havells India Q2 results, since it shows how much quarterly variability Havells India has historically shown rather than pointing to a specific outcome for the new quarter.

Key Factors to Watch Ahead of the Havells India Q2 results

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A handful of operating factors, rather than any single headline number, will likely decide how the market reacts to the Havells India Q2 results. These include:

• copper and aluminium price trends and their pass-through to product pricing
• the performance of the Lloyd consumer durables and air conditioning segment
• channel inventory levels ahead of the festive season
• operating margin recovery after the sequential dip seen in the June 2026 quarter

None of these factors can be quantified for the September 2026 quarter in advance. They are the same themes that have driven the variability seen in the five quarters above, and they remain the most useful lens through which to read the Havells India Q2 results once they are out.

Valuation Snapshot Ahead of the Havells India Q2 results

At the current market price of Rs 1086.00, Havells India trades at a price to earnings (PE) ratio of 40.92, a price to book (PB) ratio of 7.19, and a return on equity (ROE) of 19.0%. The stock has a trailing earnings per share (EPS) of Rs 26.54, a book value of Rs 151.00 per share, and a debt to equity ratio of 0.03. The market capitalisation stands at Rs 68,168 crore. Over the last 52 weeks the stock has ranged between a low of Rs 1081.10 and a high of Rs 1621.10, and it is currently trading against a 50-day moving average of Rs 1218.19 and a 200-day moving average of Rs 1281.92, with an RSI reading of 16.3. These are current market metrics, not projections tied to the Havells India Q2 results, and they will move once the new quarter numbers and any resulting price reaction are factored in.

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What to Watch When the Havells India Q2 results Are Announced

Beyond the headline revenue and profit figures, a few disclosures inside the Havells India Q2 results tend to matter more for the medium term reading of the business. These include any change in segment-wise revenue mix, commentary in the results press release or investor call on demand conditions for the rest of FY27, movement in working capital and debt levels, and any one-off or exceptional items that could distort the headline profit number. Comparing the sequential change from Q1 FY27 alongside the year on year change against the Q2 FY26 base will together give a more complete picture of the Havells India Q2 results than either comparison on its own.

Conclusion

The Havells India Q2 results for the September 2026 quarter are still some weeks away, and no specific revenue, profit or margin figure for that quarter can be responsibly estimated today. What investors tracking Havells India Ltd. can do meaningfully in the meantime is study the actual, reported trend across the last five quarters, note the Q1 FY27 run rate and the Q2 FY26 base quarter, and watch the qualitative factors flagged above once the Havells India Q2 results are finally announced. As always, this kind of preview should be read alongside official exchange filings rather than in place of them, and any investment decision should be taken only after consulting a SEBI-registered investment adviser.

Disclaimer: Univest Securities Private Limited is a SEBI-registered Research Analyst (Registration No. INH000013776). This article is for educational and informational purposes only and does not constitute investment advice, a recommendation, or a solicitation to buy or sell any security. Figures cited are historical, publicly disclosed quarterly financials and current market data; no specific Q2 FY27 results, estimates, or forecasts are implied. Please consult a SEBI-registered investment adviser and verify data independently before making any investment decision.

FAQs

When will the Havells India Q2 results be announced?

Ans. Going by the pattern followed for the June 2026 quarter and prior quarters, the Havells India Q2 results are likely to be announced in the second half of October or the first two to three weeks of November 2026, once the board finalises the financials. The exact date will be confirmed only through an official exchange filing.

What was the net profit in Q1 FY27 (June 2026 quarter)?

Ans. Havells India Ltd. reported a net profit of Rs 290 crore in Q1 FY27 (the June 2026 quarter), on revenue of Rs 6518 crore and an operating profit margin of 7.15%. This is the most recently reported quarter ahead of the Havells India Q2 results.

Has Havells India shown any notable swing in margins over the last five quarters?

Ans. Yes. Operating profit margin over the five quarters tracked ahead of the Havells India Q2 results has ranged from a low of 7.15% in June 2026 (Q1 FY27) to a high of 10.87% in March 2026 (Q4 FY26), showing that margins for Havells India have not moved in a straight line and have been sensitive to the factors discussed above.

What is the current valuation of Havells India ahead of the Havells India Q2 results?

Ans. As of the current market price of Rs 1086.00, Havells India trades at a PE ratio of 40.92, a PB ratio of 7.19, and an ROE of 19.0%, with a market capitalisation of Rs 68,168 crore. These are live market metrics and will change as new information, including the Havells India Q2 results, is factored in by the market.