| Revenue growth | 34.52% YoY to ₹515.24 crore. |
|---|---|
| Margins | Temporary moderation due to commodity costs; pricing actions taken. |
| Order book | ₹3,200+ crore as of 7 August 2026. |
| Demand visibility | Strong; order book of ₹3,200+ Cr provides healthy visibility. |
| Management confidence | High; focus on restoring margins and scaling growth engines. |
Growth
Revenue grew 34.5% YoY; C&I revenue rose 55% to ₹277.6 Cr; Wires & Cables surged 78.6% to ₹145.75 Cr.
Outlook
Order book stands at ₹3,200+ Cr as of August 2026; FY27 focus on scaling both verticals and restoring margins.
Risks
EBITDA margin moderated to 12.3% from 15.1% due to input-cost volatility in metals and industrial plastics.
Last quarter's promises, checked
Delivered
- Guided C&I revenue ~₹1,000 Cr in FY27 → delivered ₹277.6 Cr in Q1 (on track = BEAT)
- Guided volume-led growth in Wires & Cables → delivered 78.6% YoY growth (BEAT)
- Guided Q1 metering demand to continue from Q4 → delivered 16.53% YoY growth (BEAT)
Partly delivered
- Guided debt levels to remain stable → delivered 2.32% decline in finance costs (PARTIAL)
Missed
- Guided margin protection/restoration → delivered EBITDA margin drop to 12.3% from 15.1% (MISS)
Investor Presentation filed with BSE, NSE: HPL. Summary written with AI assistance from the document.
HPL Electric & Power Ltd: key numbers
- Share price
- ₹264.34
- Market cap
- ₹1,700 Cr
- Revenue (annual)
- ₹1,811 Cr
- Net profit (annual)
- ₹91.01 Cr
- P/E (TTM)
- 18.4×Sector 44.3×
- Promoter holding
- 72.66%+0.00% QoQ
- FII holding
- 0.50%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from HPL Electric & Power Ltd
All →HPL Electric & Power Earnings Call Transcript: Key Takeaways
Record Q2 revenue (+40%) masks EBITDA margin compression to 11.7% from 12.3%; net profit ₹23 Cr. Management stresses volume growth and H2 recovery while metering cost pressures persist under fixed contracts.
HPL Electric & Power Results Update
HPL Electric & Power reported record Q2 FY27 revenue, up 40% year-on-year, and crossed ₹600 crore for the first time. Margins narrowed on input-cost volatility and a shift in revenue mix.
HPL Electric & Power Investor Presentation: Key Takeaways
Q2 FY27 record revenue ₹608.31 cr (+40.02% YoY); PAT ₹23.40 cr (+4.68%); EBITDA margin 11.74% vs 15.17%. C&I now 55% of revenue.
HPL Electric & Power Management Change
HPL Electric & Power appointed Bramhadeo Sawale as Non-Executive Independent Director, effective 12 November 2026. Dhruv Goyal ceased as Independent Director on completing his second tenure.
HPL Electric & Power Q2 FY27 Results: Net Profit ₹23.4 Cr, Up 4.5% YoY
HPL Electric & Power Ltd reported revenue from operations of ₹608.3 Cr (+40.0% YoY) and net profit of ₹23.4 Cr (+4.5% YoY) for Q2 FY27.
- Key figure
- Net profit ₹23.4 Cr · +4.5% YoY
HPL Electric & Power Capital Structure Change
HPL Electric's subsidiary Himachal Energy became wholly owned after the subsidiary bought back remaining shares. HPL's stake rose from 97.15% to 100% effective October 29, 2026.