Havells India Limited
Electrical Equipment & Parts · Industrials
Analyst
Kotak Securities
Equibles does not estimate personal net worth.
Umang Mehta is recorded as Analyst at Kotak Securities. Umang Mehta has spoken on 5 earnings calls across 4 companies, most recently for LG Electronics India Limited on November 6, 2026. Those appearances were for Havells India Limited, LG Electronics India Limited, Eureka Forbes Limited and Polycab India Limited. The companies whose calls Umang Mehta spoke on are classified in the Industrials, Technology and Consumer Cyclical sectors.
“My first question is that your EBITDA margins have held up well, despite several headwinds. Can you explain the key drivers behind the same, and what gives you confidence that this margin trend can continue?”
“You know, last year we had a situation where we had a very robust growth in e-commerce and then, you know, 3Q had certain impact on, you know, actual performance in not coming in line with joint business plans.”
“Sir, if you can, would it be possible to call out the growth in cables separately? I mean, within the cables division, how much was growth in cables? And any status update on your expansion plans?”
“You've done 15% ballpark EBITDA margin in Ryzen Cables in the first half. Now, I understand 11 to 13 is your long-term guidance, but from a second half or a more one-year perspective, how are you looking at profitability?”
“Sir, any budget you can share for the full year? Should we take north of 700-800 crores?”
Kotak Securities
Analyst
Transcript header (unverified)
Havells India Limited
Electrical Equipment & Parts · Industrials
LG Electronics India Limited
Consumer Electronics · Technology
Eureka Forbes Limited
Furnishings, Fixtures & Appliances · Consumer Cyclical
Polycab India Limited
Electrical Equipment & Parts · Industrials
Earnings Call for the Quarter Ended September 30, 2026
LG Electronics India Limited
Earnings Call
Eureka Forbes Limited
Earnings Call for the Quarter Ended September 30, 2026
Havells India Limited
Earnings Call for the Quarter Ended September 30, 2026
Polycab India Limited
Earnings Call for the Quarter Ended June 30, 2026
Havells India Limited