| Revenue growth | Revenue +63.5% YoY, +20.2% QoQ; H1 revenue +65.8%. |
|---|---|
| Margins | EBITDA margin 16.5% vs 15.9% prior-year Q2; material cost 61.7%. |
| Order book | Backlog ₹33,335 Cr, double-digit YoY; H1 reported orders down 32%. |
| Demand visibility | Backlog ₹33,335 Cr; visibility claimed to 2035, largely market-based. |
| Management confidence | Upbeat but evasive; repeatedly declined to give numerical guidance. |
Growth
Revenue +63.5% YoY, +20.2% QoQ; PBT +22% YoY to ₹430 Cr after ~₹88 Cr notional forex loss. EBITDA +69.5% YoY, so operating leverage is positive.
Outlook
No company guidance given. Management cites 4-5 HVDC projects expected in 12-24 months (market view); backlog ₹33,335 Cr.
Risks
H1 reported orders down 32% YoY; OCF ₹91 Cr vs ₹874 Cr on HVDC contract assets. Margin outlook refused as guidance.
Earnings Call Transcript filed with NSE, NSE: POWERINDIA. Summary written with AI assistance from the document.
Hitachi Energy India Ltd: key numbers
- Share price
- ₹28,545.00
- Market cap
- ₹1,27,232 Cr
- Revenue (annual)
- ₹8,148 Cr
- Net profit (annual)
- ₹987.8 Cr
- P/E (TTM)
- 110.6×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.
More from Hitachi Energy India Ltd
All →Hitachi Energy India Other Announcement
Hitachi Energy India reported no deviation in its QIP fund use for the quarter ended September 30, 2026. Utilisation matches the placement document objects.
Hitachi Energy India Investor Presentation: Key Takeaways
Q2 FY27 revenue Rs2,996.5 Cr (+63.5% YoY), Op EBITDA Rs494.4 Cr (16.5% margin), PAT Rs318.5 Cr (+20.5%). Backlog Rs33,335 Cr; capacity expansion continues.
Hitachi Energy India Q2 FY27 Results: Net Profit ₹318.5 Cr, Up 20.5% YoY
Hitachi Energy India Ltd reported revenue from operations of ₹2,996 Cr (+63.5% YoY) and net profit of ₹318.5 Cr (+20.5% YoY) for Q2 FY27.
- Key figure
- Net profit ₹318.5 Cr · +20.5% YoY
Hitachi Energy India Board Meeting Date
Hitachi Energy India will hold a board meeting on November 12, 2026 to consider Q2 results. An analyst call is scheduled the same evening.
Hitachi Energy India Annual General Meeting
Hitachi Energy India Limited announced the voting results of its postal ballot, confirming shareholder approval for three material related party transactions.
Hitachi Energy India Other Announcement
Hitachi Energy India Ltd submitted its quarterly shareholding pattern for the period ended September 30, 2026, as required under SEBI regulations.