Havells India Ltd (NSE: HAVELLS) and Spectrum Electrical Industries Limited (NSE: SPECTRUM) are both listed in the Electric Lighting and Wiring Equipment industry. Havells India has a market capitalisation of ₹64,551 Cr and Spectrum Electrical Industries ₹6,258 Cr, as of 9 Nov 2026. Their P/E ratios are 38.2 and 140.6 respectively. Return on equity is 18.97% for Havells India and 20.42% for Spectrum Electrical Industries. Over one year, Havells India's share price is down 22.6% and Spectrum Electrical Industries's is up 200.6%.
| Metric | Havells India | Spectrum Electrical Industries |
|---|---|---|
| NSE Symbol | HAVELLS | SPECTRUM |
| BSE Code | 517354 | 544386 |
| Share Price | ₹1,159.50 | ₹4,592.70 |
| Market Cap | ₹64,551 Cr | ₹6,258 Cr |
| P/E Ratio | 38.2 | 140.6 |
| Return on Equity | 18.97% | 20.42% |
| Return on Assets | 7.79% | 7.59% |
| Dividend Yield | 1.17% | 0.00% |
| Beta (1Y) | 0.33 | 0.19 |
| 1-Year Price Change | -22.6% | +200.6% |
| 3-Month Price Change | -9.8% | +81.5% |
| 52-Week Range | ₹999.20 – ₹1,514.70 | ₹1,057.20 – ₹4,695.20 |
| Latest Quarter | Q2 FY27 | Q2 FY27 |
| Quarterly Revenue | ₹6,432 Cr | ₹198 Cr |
| Quarterly Net Profit | ₹349 Cr | ₹18 Cr |
| Net Margin | 5.4% | 9.1% |
| EPS (Basic, Quarter) | ₹5.57 | ₹11.41 |
| Results Basis | consolidated | consolidated |
| Headquarters | Noida, Uttar Pradesh | Mumbai, Maharashtra |
The figures sit side by side and are not ranked. Quarterly figures are in ₹ crore, parsed from each company's exchange filing (XBRL); the two companies' latest quarters can differ.
Havells India Limited, a fast-moving electrical goods company, manufactures, trades in, and sells various consumer electrical and electronic products in India and internationally. The company operates through six segments: Switchgears, Cables, Lighting and Fixtures, Electrical Consumer Durables, Lloyd Consumer, and Others. It offers switches; switchgears, such as circuit breakers, energy savers, human safety equipment, distribution boards, surge protection devices, and control and monitoring devices, as well as magnetic contractor, thermal overload relays, switchgear, circuit breakers, and sta…
Spectrum Electrical Industries Limited designs, manufactures, and sells electrical, automobile, and irrigation components in India. The company provides distribution boards, AC boxes, modular electric board panels, mini MCB bases and covers, tools, moulds, electric bulb holders, auto and irrigation equipment, lamp angle holders, EV chargers, control panel, metal junction boxes, electrical safety devices, and other electrical components. It also offers surface coating services; metallic stamping services; plastics molding services; molds, dies, and tooling products; and end to end solutions. Sp…
Havells India has a market capitalisation of ₹64,551 Cr, against ₹6,258 Cr for Spectrum Electrical Industries as of 9 Nov 2026, about 10.3 times the size by market cap.
Havells India has a P/E of 38.2 and Spectrum Electrical Industries a P/E of 140.6 as of 9 Nov 2026.
Havells India has a return on equity of 18.97% and Spectrum Electrical Industries 20.42%.
Havells India's share price is down 22.6% over one year and Spectrum Electrical Industries's is up 200.6%.
Havells India reported revenue of ₹6,432 Cr and net profit of ₹349 Cr for Q2 FY27. Spectrum Electrical Industries reported revenue of ₹198 Cr and net profit of ₹18 Cr for Q2 FY27. Figures are parsed from each company's exchange filing.
Both are classified under Electrical Equipment > Electrical Components and Equipment > Electric Lighting and Wiring Equipment on FinBizNet.
No. The page lays the two companies' published figures side by side and draws no conclusion from them. It is descriptive market data, not investment advice.
Data as of 9 Nov 2026. Descriptive market data only — not investment advice.