ALFA Finder| Revenue growth | 27.6% YoY growth for FY26; Q4 grew 46.2% YoY. |
|---|---|
| Margins | EBITDA margin improved to 15.4% from 9.3% YoY. |
| Order book | Record backlog of ₹29,553.6 crore, up 53.6% YoY. |
| Demand visibility | Robust visibility through ₹29,553.6 crore order book spanning several quarters. |
| Management confidence | Extremely high, focused on structural energy transition and electrification trends. |
Growth
FY26 revenue reached ₹8,147.7 crore; Q4 revenue spiked 46.2% YoY. Growth is structurally driven by energy transition and electrification.
Outlook
Announced incremental ₹2,000 crore capex for a greenfield transformer facility in Vadodara, targeting completion by Q4 2028.
Risks
Geopolitical supply chain pressures and elevated freight costs; high dependency on large HVDC project execution timing.
Last quarter's promises, checked
Delivered
- Sustain growth momentum → FY26 revenue grew 27.6% (= BEAT)
- Improve operational efficiency → EBITDA margin 15.4% vs 9.3% (= BEAT)
- Commission Mumbai city infeed → 1,000MW project operational (= BEAT)
Partly delivered
- Manage supply chain pressures → Navigated but freight costs remain unrecovered (= PARTIAL)
Earnings Call Transcript filed with NSE, NSE: POWERINDIA. Summary written with AI assistance from the document.
Hitachi Energy India Ltd: key numbers
- Share price
- ₹28,575.00
- Market cap
- ₹1,27,366 Cr
- Revenue (annual)
- ₹8,148 Cr
- Net profit (annual)
- ₹987.8 Cr
- P/E (TTM)
- 110.7×Sector 51.9×
- Promoter holding
- 71.31%+0.00% QoQ
- FII holding
- 11.96%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
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