
3 Electrical Products Leader, Houseware Brand and Technical Textiles Maker Stocks With a Strong Future Roadmap: Havells India, Cello World and Garware Technical Fibres
Havells India, Cello World and Garware Technical Fibres: ROE of 12.3% to 17.9% and FY22 to FY26 revenue CAGR of 7.0% to 14.7%. Prices as of 27 Oct 2026.
Updated: 29 Oct 2026 • 12:20 pm
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Quick Answer
The three electricals, houseware and technical textiles to watch are Havells India, Cello World and Garware Technical Fibres. Their return on equity ranges from 12.3% to 17.9%, and their revenue compound annual growth from FY22 to FY26 ranges from 7.0% to 14.7%. Havells India has the highest return on equity at 17.9%, while Cello World has the fastest revenue growth at 14.7% a year. Prices are based on the 27 October 2026 close, and this article is educational, not investment advice.
Electricals, houseware and technical textiles bring together companies with a visible plan for the years ahead. Havells India, Cello World and Garware Technical Fibres cover an electrical products leader, a houseware brand and a technical textiles maker.
This list covers three electricals, houseware and technical textiles with complete current figures: Havells India, Cello World and Garware Technical Fibres. Every figure comes from the latest reported financials and the 27 October 2026 market close. Companies without complete current figures were left out.
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What Are Electricals, Houseware and Technical Textiles?
Electricals, houseware and technical textiles are listed manufacturers that sell fans, lighting, switchgear and appliances, houseware, writing instruments and furniture, and technical textiles such as fishing nets, aquaculture cages and sports nets. Their earnings depend on consumer demand, housing activity and export orders.
Electricals, Houseware and Technical Textiles at a Glance
| Company | CMP (Rs) | Market Cap (Rs Cr) | P/E | Industry P/E | ROE (%) | D/E |
|---|---|---|---|---|---|---|
| Havells India | 1,025.4 | 68,928 | 42.2 | 44.3 | 17.9 | 0.03 |
| Cello World | 333.2 | 7,985 | 24.6 | 41.4 | 12.3 | 0.01 |
| Garware Technical Fibres | 751.7 | 7,140 | 34.0 | 30.1 | 14.7 | 0.03 |
On valuation, Havells India and Cello World trade at a P/E below the industry P/E, while Garware Technical Fibres trades above it, which reflects the growth the market already expects. Readers comparing electricals, houseware and technical textiles should look at return on equity and debt together, since a high return earned with low debt is easier to sustain.
Why Do Electricals, Houseware and Technical Textiles Have a Strong Roadmap in India?
Electricals, houseware and technical textiles have a strong roadmap in India because rising housing activity, higher household spending and global demand for technical textiles keep widening the market for Indian consumer and industrial product makers.
- Home upgrades. Households buy more electricals and appliances.
- Everyday brands. Strong names support repeat purchases.
- Technical textiles. Fishing and sports uses need specialised fibres.
Why Havells India Features Among These Electricals, Houseware and Technical Textiles
Among the electricals, houseware and technical textiles on this list, Havells India is a leading electrical products company that sells fans, lighting, switchgear, wires and cables, and consumer appliances, along with Lloyd air conditioners.
The company has a return on equity of 17.9%, a debt to equity ratio of 0.03 and a market capitalisation of Rs 68,928 crore. The stock trades at a P/E of 42.2, below the industry P/E of 44.3.
Revenue rose from Rs 14,099 crore in FY22 to Rs 23,022 crore in FY26, a compound annual growth rate of 13.0%. Net profit grew from Rs 1,196 crore in FY22 to Rs 1,689 crore in FY26, which works out to a compound annual growth rate of 9.0%. In the June 2026 quarter, revenue grew 19.0% year on year to Rs 6,572 crore.
Roadmap: The company sells through a wide dealer network and keeps adding premium products and new categories such as air conditioners and water heaters. Capacity expansion in cables and appliances supports future growth.
What to watch: Check growth in the cables and Lloyd air conditioner businesses.
Why Cello World Features Among These Electricals, Houseware and Technical Textiles
Among the home electricals, plastics and fishing net shares on this list, Cello World is a consumer products company that sells houseware, writing instruments, glassware and moulded furniture under the Cello brand through a wide distribution network.
Revenue rose from Rs 1,375 crore in FY22 to Rs 2,379 crore in FY26, a compound annual growth rate of 14.7%. Net profit grew from Rs 220 crore in FY22 to Rs 332 crore in FY26, which works out to a compound annual growth rate of 10.9%.
The company has a return on equity of 12.3%, a debt to equity ratio of 0.01 and a market capitalisation of Rs 7,985 crore. The stock trades at a P/E of 24.6, below the industry P/E of 41.4.
Roadmap: The company is growing its glassware and houseware ranges and expanding its reach in modern retail. A trusted household brand helps it enter new product categories.
What to watch: Track growth in glassware and writing instruments, distribution expansion and input costs.
Why Garware Technical Fibres Features Among These Electricals, Houseware and Technical Textiles
Among the three companies on this list, Garware Technical Fibres is a Pune-based maker of technical textiles such as fishing nets, aquaculture cages, sports nets, ropes and agricultural nets. It sells in India and across global markets.
In the June 2026 quarter, revenue grew 29.3% year on year to Rs 491 crore, while net profit rose 21.5% to Rs 64.5 crore. Revenue rose from Rs 1,215 crore in FY22 to Rs 1,594 crore in FY26, a compound annual growth rate of 7.0%.
Net profit for FY26 was Rs 198 crore, a net margin of 12.5%. The company has a return on equity of 14.7%, a debt to equity ratio of 0.03 and a market capitalisation of Rs 7,140 crore. The stock trades at a P/E of 34.0, above the industry P/E of 30.1.
Roadmap: The company is widening its range in aquaculture, sports and agri applications, where demand for engineered nets is rising. Long relationships with overseas buyers help it add new products steadily.
What to watch: Follow aquaculture and sports netting demand and the pace of new product launches.
Havells India vs Cello World vs Garware Technical Fibres on Key Financials
The table below sets the three electricals, houseware and technical textiles side by side on revenue, profit and margin, using reported figures.
| Company | FY22 Revenue (Rs Cr) | FY26 Revenue (Rs Cr) | Revenue CAGR (FY22-FY26) | FY26 Net Profit (Rs Cr) | FY26 Net Margin |
|---|---|---|---|---|---|
| Havells India | 14,099 | 23,022 | 13.0% | 1,689 | 7.3% |
| Cello World | 1,375 | 2,379 | 14.7% | 332 | 13.9% |
| Garware Technical Fibres | 1,215 | 1,594 | 7.0% | 198 | 12.5% |
Havells India posts the highest return on equity in this group at 17.9%. Havells India has the largest FY26 revenue at Rs 23,022 crore, and Cello World shows the fastest revenue growth with a 14.7% compound annual rate.
Key Risks to Check Before Investing in Electricals, Houseware and Technical Textiles
Every theme carries risks that deserve a check before any decision. For these electricals, houseware and technical textiles, the main points are:
- Raw material costs. Ingredient and packaging prices can move margins.
- Competition. Rivals can influence pricing and market share.
- Currency moves. Export earnings move with the rupee.
Treat this list as a starting point for research and not as a recommendation. Read the latest results presentation, check the management commentary on order books or capacity plans, and compare each company with its peers before you decide anything.
Use the Univest Stock Screener to filter electricals, houseware and technical textiles by market capitalisation, P/E, ROE and growth, and build your own shortlist.
Final Thoughts on Electricals, Houseware and Technical Textiles
Electricals, houseware and technical textiles suit investors who prefer to study business strength before price moves. Havells India, Cello World and Garware Technical Fibres each have a clear plan to grow. Based on the 27 October 2026 close, Havells India trades at Rs 1,025.4, Cello World at Rs 333.2 and Garware Technical Fibres at Rs 751.7.
Download the Univest iOS App or Univest Android App to track electricals, houseware and technical textiles, set price alerts and get research-backed stock ideas.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
What are electricals, houseware and technical textiles?
Ans. Electricals, houseware and technical textiles are listed manufacturers that sell fans, lighting, switchgear and appliances, houseware, writing instruments and furniture, and technical textiles such as fishing nets, aquaculture cages and sports nets. Their earnings depend on consumer demand, housing activity and export orders. This list looks at three of them, Havells India, Cello World and Garware Technical Fibres, using reported FY22 to FY26 financials and the 27 October 2026 closing prices.
Which electricals, houseware and technical textiles are covered in this list?
Ans. This list covers Havells India, Cello World and Garware Technical Fibres. Based on the 27 October 2026 close, Havells India traded at Rs 1,025.4, Cello World at Rs 333.2 and Garware Technical Fibres at Rs 751.7. Their return on equity ranges from 12.3% to 17.9%, and their revenue compound annual growth from FY22 to FY26 ranges from 7.0% to 14.7%.
Why do electricals, houseware and technical textiles have a strong future roadmap in India?
Ans. Electricals, houseware and technical textiles have a strong roadmap in India because rising housing activity, higher household spending and global demand for technical textiles keep widening the market for Indian consumer and industrial product makers. The main drivers are as follows. Home upgrades. Households buy more electricals and appliances. Everyday brands. Strong names support repeat purchases. Technical textiles. Fishing and sports uses need specialised fibres. Together these factors give the companies on this list a visible path for growth over the coming years.
How has Havells India performed financially?
Ans. Revenue rose from Rs 14,099 crore in FY22 to Rs 23,022 crore in FY26, a compound annual growth rate of 13.0%. Net profit grew from Rs 1,196 crore in FY22 to Rs 1,689 crore in FY26, which works out to a compound annual growth rate of 9.0%. In the June 2026 quarter, revenue grew 19.0% year on year to Rs 6,572 crore. The company has a return on equity of 17.9%, a debt to equity ratio of 0.03 and a market capitalisation of Rs 68,928 crore. The stock trades at a P/E of 42.2, below the industry P/E of 44.3. Looking ahead, the company sells through a wide dealer network and keeps adding premium products and new categories such as air conditioners and water heaters. Capacity expansion in cables and appliances supports future growth.
How has Cello World performed financially?
Ans. Revenue rose from Rs 1,375 crore in FY22 to Rs 2,379 crore in FY26, a compound annual growth rate of 14.7%. Net profit grew from Rs 220 crore in FY22 to Rs 332 crore in FY26, which works out to a compound annual growth rate of 10.9%. The company has a return on equity of 12.3%, a debt to equity ratio of 0.01 and a market capitalisation of Rs 7,985 crore. The stock trades at a P/E of 24.6, below the industry P/E of 41.4. Looking ahead, the company is growing its glassware and houseware ranges and expanding its reach in modern retail. A trusted household brand helps it enter new product categories.
How has Garware Technical Fibres performed financially?
Ans. Revenue rose from Rs 1,215 crore in FY22 to Rs 1,594 crore in FY26, a compound annual growth rate of 7.0%. Net profit for FY26 was Rs 198 crore, a net margin of 12.5%. In the June 2026 quarter, revenue grew 29.3% year on year to Rs 491 crore, while net profit rose 21.5% to Rs 64.5 crore. The company has a return on equity of 14.7%, a debt to equity ratio of 0.03 and a market capitalisation of Rs 7,140 crore. The stock trades at a P/E of 34.0, above the industry P/E of 30.1. Looking ahead, the company is widening its range in aquaculture, sports and agri applications, where demand for engineered nets is rising. Long relationships with overseas buyers help it add new products steadily.
What risks should investors check before buying electricals, houseware and technical textiles?
Ans. Investors should check a few risks before buying electricals, houseware and technical textiles. Raw material costs. Ingredient and packaging prices can move margins. Competition. Rivals can influence pricing and market share. Currency moves. Export earnings move with the rupee. Reading the latest results presentation and comparing each company with its peers helps judge how these risks apply to each stock.
Is this list of electricals, houseware and technical textiles investment advice?
Ans. No. This article is educational and uses publicly available data as of the 27 October 2026 close. Please verify figures on NSE and BSE, read company filings and consult a SEBI registered adviser before investing. Univest is SEBI registered research analyst INH000013776.
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