Havells India Ltd (BOM:517354)
₹ 1604.15 -38.4 (-2.34%) Market Cap: 1.01 Tn Enterprise Value: 977.09 Bil PE Ratio: 71.27 PB Ratio: 12.90 GF Score: 95/100

Q2 2021 Havells India Ltd Earnings Call Transcript

Oct 29, 2020 / 10:30AM GMT
Release Date Price: ₹725.05 (-0.44%)
Operator

(inaudible) I welcome you all to Havells India conference call for 2Q FY '21. We have with us the top management of Havells India, represented by Mr. Anil Rai Gupta, Chairman and Managing Director; Mr. Rajesh Kumar Gupta, who is Director Finance and Group CFO; and Mr. Rajiv Goel, who is Executive Director.

Now I hand over the call to the management for further proceedings.

Anil Rai Gupta
Havells India Limited - Executive Chairman & MD

Thank you very much. Good afternoon, everyone. Welcome to the earnings conference call for the quarter ended September 2020. Hope you would have reviewed the results by now.

So for my initial remarks, I would say COVID-led disruptions seem to be declining. We are encouraged with the pace and extent of demand recovery. Consumer and residential demand especially is robust. However, industrial and infrastructure sales remain sluggish, though they're also trending towards a gradual recovery.

Our initiatives in rural, online and channel engagement have well developed -- delivered. Lloyd recovery is led

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