Havells India Limited — Q4 FY26
Havells India reported a mixed Q4 FY26 with 14% revenue growth in cables and wires, driven by 6% volume growth and price hikes, while the ECD segment (fans, coolers) saw degrowt...
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.
Q3 FY26
RAC price hike of 5-10% in Q4
Industry likely to take 5-10% price increases in Q4 to offset cost pressures from BE rating, copper, and INR depreciation.
Missed
Current-quarter commentary contains related risk or weakness, so the promise appears not to have been delivered yet.
heuristic_v1
Q3 FY26
Channel inventory normalization by March 2026
Old BE norm inventory in RAC and fans expected to clear by March, with new norms kicking in for summer season.
Missed
Current-quarter commentary contains related risk or weakness, so the promise appears not to have been delivered yet.
heuristic_v1