Havells India Ltd (BOM:517354)
₹ 2047 49.05 (2.46%) Market Cap: 1.28 Til Enterprise Value: 1.26 Til PE Ratio: 91.44 PB Ratio: 17.09 GF Score: 98/100

Q2 2024 Havells India Ltd Earnings Call Transcript

Oct 20, 2023 / 05:30AM GMT
Release Date Price: ₹1292.7 (-5.06%)
Operator

Ladies and gentlemen, good day, and welcome to the Havells India Q2 FY '24 Earnings Conference Call hosted by ICICI Securities. (Operator Instructions) Please note that this conference is being recorded. I now hand the conference over to Mr. Aniruddha Joshi from ICICI Securities. Thank you, and over to you, sir.

Aniruddha Joshi
ICICI Securities Limited, Research Division - Research Analyst

Yes. Thanks, Rio. At ICICI Securities, it is our pleasure to host Q2 FY '24 earnings conference call of Havells India Limited. We have with us senior management represented by Mr. Anil Rai Gupta, Chairman and Managing Director; Mr. Rajesh Kumar Gupta, Whole-Time Director, Finance and Group CFO; Mr. Ameet Kumar Gupta, Whole-Time Director; and Mr. Rajiv Goel, Executive Director. We congratulate the management for a strong set of numbers in tough macro environment and remain positive on the company due to its established sub-segmentation strategy and moats like brands and distribution. Now I hand over the call to the management for initial comments on the quarterly performance,

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