Havells India Limited — Q3 FY25
Havells India reported a mixed Q3 FY25.
neutral
medium
✓ Verified against BSE filing
Indian management teams deliver on roughly 12% of specific earnings-call promises. A low score does not indicate dishonesty — it reflects how aspirational forward guidance typically is.
Q2 FY25
CapEx of INR 1,000 crore for FY25
Management expects total CapEx of approximately INR 1,000 crore for FY25, with INR 350 crore already incurred in H1.
Missed
Current-quarter commentary contains related risk or weakness, so the promise appears not to have been delivered yet.
heuristic_v1
Q2 FY25
Cables & Wires margins to normalize by Q4 FY25
Management expects cables and wires margins to return to normalized levels by Q4 FY25, assuming no further commodity volatility.
Missed
Current-quarter commentary contains related risk or weakness, so the promise appears not to have been delivered yet.
heuristic_v1
Q2 FY25
Lighting pricing bottoming out by Q4 FY25
Management expects lighting pricing to bottom out by Q4 FY25, with real growth returning in FY26.
Missed
Current-quarter commentary contains related risk or weakness, so the promise appears not to have been delivered yet.
heuristic_v1