By [ad_1]
Havells India Ltd. has themed its annual report on its efforts to reach out to its customers across channels. It is now also investing in extending its rural presence by launching new exclusive stores.
We believe distribution expansion and steady launch of new products could help the company to continue recording healthy volume growth.
Havells India had expanded its manufacturing capacities for washing machines and refrigerators in FY22 and plans to expand for room air conditioner and cables and wires segments in FY23.
We believe healthy volume growth of early teens will likely continue and model Havells India to report revenue and profit after tax compound annual growth rates of 17.1% and 27.2% over FY22-FY24E.
[ad_2]
Source link
What is your reaction?
Excited
0
Happy
0
In Love
0
Not Sure
0
Silly
0
