| Revenue growth | 68.6% YoY growth driven by robust order backlog execution. |
|---|---|
| Margins | PBT margin 15.6%; PAT margin 11.8%; slight gross margin contraction YoY. |
| Order book | Record INR 32,222.1 crs; Q1 orders up 26.1% YoY (ex-HVDC). |
| Demand visibility | Strong visibility from renewables, data centers, and grid modernization. |
| Management confidence | High; citing strong market fundamentals and multi-year growth opportunities. |
Growth
Revenue rose 68.6% YoY to INR 2,493.7 crs. Operational EBITDA grew 135% YoY to INR 399.9 crs.
Outlook
Constructing 20th manufacturing facility in Karjan (Dec 2028 commissioning); 25% revenue share from exports; strong data center pipeline.
Risks
Unrealized FX loss of INR 36.37 crs; geopolitical challenges; potential commodity price volatility in non-transformer segments.
Last quarter's promises, checked
Delivered
- Targeting record order backlog → delivered INR 29,555.3 crs (= BEAT)
- Achieve 100% renewable energy in operations → delivered 100% (= BEAT)
- Surpass water reduction targets → delivered 11% reduction vs 2019 (= BEAT)
Partly delivered
- Commission Karjan factory by Q4 2028 → project in early groundbreaking stage (= PARTIAL)
Investor Presentation filed with BSE, 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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