HITACHI ENERGY INDIA LIMITED

BSE: POWERINDIA543187ISIN INE07Y701011

Industrials
Heavy Electrical Equipment
BSE 200

Share price

₹29,000.40+1,620.40 (+5.92%)

as of 4 Nov 2026

Prices adjusted for splits and bonuses; cash dividends excluded. Volume shows actual shares traded.

52W high: ₹38,800.00
52W low: ₹16,104.00
Off 52W high: -25.26%
1M return: -7.91%
3M return: -10.16%
6M return: -13.04%
1Y return: +41.26%
20D avg volume: 11,708
50 DMA: ₹30,591.94
200 DMA: ₹29,526.95

Key ratios Standalone

Market cap: ₹1,29,262 Cr
Current price: ₹29,000.40
52W high / low: ₹38,800.00 / ₹16,104.00
Face value: ₹2.00
P/E: 112.37
P/B: 92.16
EPS (TTM): ₹258.09
Book value / share: ₹314.67
ROE: 82.02%
ROCE: 24.90%
Operating margin: 16.89%
Net margin: 11.80%
Debt / equity: 0.00
Net debt: ₹-4,689 Cr
Interest cover: 104.36
Dividend yield: 0.03%
Dividend / share (TTM): ₹8.00
Payout: 3.10%
Cash conversion cycle: 14.2 days

Financials

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24	Q2 FY24
Income statement
	2,494	2,754	2,082	1,833	1,479	1,884	1,620	1,554	1,327	1,695	1,274	1,228
	57.74	57.37	85.80	82.60	50.94	38.17	52.11	0.09	0.09	3.92	2.22	0.21
	2,551	2,811	2,168	1,915	1,530	1,922	1,672	1,554	1,327	1,699	1,276	1,228
	2,162	2,368	1,766	1,562	1,353	1,675	1,488	1,483	1,312	1,547	1,243	1,196
	1,614	1,586	1,281	985.50	765.29	1,028	926.53	831.62	759.67	1,040	761.30	719.09
	135.70	20.56	24.34	28.61	29.50	23.28	57.92	47.27	14.93	19.04	19.78	25.03
	162.04	174.05	167.70	155.69	145.32	144.43	140.72	136.96	122.65	140.44	121.42	116.62
	3.28	3.44	2.53	2.86	3.95	5.99	11.97	16.39	10.89	11.20	13.71	10.67
	28.46	26.86	26.56	25.82	25.01	23.48	22.99	22.83	22.05	22.52	22.73	22.50
	539.44	517.31	379.91	398.15	421.20	393.98	322.84	347.89	322.97	228.14	257.57	250.10
	389.51	443.35	402.02	352.91	176.88	246.67	184.06	70.61	15.05	152.17	33.78	32.37
	0.00	0.00	-54.24	0.00	0.00	0.00	—	—	—	—	—	—
	389.51	443.35	347.78	352.91	176.88	246.67	184.06	70.61	15.05	152.17	33.78	32.37
	95.36	112.89	86.36	88.55	45.28	62.78	46.68	18.32	4.63	38.51	10.81	7.63
	294.15	330.46	261.42	264.36	131.60	183.89	137.38	52.29	10.42	113.66	22.97	24.74
	65.99	74.14	58.65	59.31	29.53	43.15	32.41	12.34	2.46	26.82	5.42	5.84
Key metrics
	421.25	473.65	376.87	381.59	205.84	276.14	219.02	109.83	47.99	185.89	70.22	65.54
	16.90%	17.20%	18.10%	20.80%	13.90%	14.70%	13.50%	7.10%	3.60%	11.00%	5.50%	5.30%
	11.80%	12.00%	12.60%	14.40%	8.90%	9.80%	8.50%	3.40%	0.80%	6.70%	1.80%	2.00%
	—	8.30%	—	7.60%	—	5.90%	—	—	—	—	—	—
	68.60%	46.20%	28.50%	17.90%	11.40%	11.10%	27.20%	26.50%	—	—	—	—
	123.50%	79.70%	90.30%	405.60%	1,163.00%	61.80%	498.10%	111.40%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22	FY21
Income statement
	9,162	8,148	6,385	5,237	4,469	4,884	3,420
	283.51	239.92	57.17	9.29	15.14	66.94	18.50
	9,446	8,388	6,442	5,247	4,484	4,951	3,439
	7,858	7,012	5,926	5,025	4,353	4,710	3,267
	5,467	4,618	3,546	3,109	2,721	2,780	1,727
	209.21	103.01	143.40	87.59	85.61	118.24	97.69
	659.48	642.76	544.76	490.15	417.29	486.75	369.41
	12.11	12.78	45.24	46.55	40.09	41.39	20.44
	107.70	104.25	91.35	90.01	80.16	95.46	77.17
	1,835	1,680	1,549	995.85	953.75	1,029	772.75
	1,588	1,375	516.39	221.70	130.82	240.74	171.78
	-54.24	-54.24	0.00	—	—	35.85	-35.50
	1,534	1,321	516.39	221.70	130.82	276.59	136.28
	383.16	333.08	132.41	57.92	36.92	73.19	36.48
	1,150	987.84	383.98	163.78	93.90	203.40	99.80
	258.09	221.63	90.36	38.64	22.16	47.99	23.55
Key metrics
	1,653	1,438	652.98	358.26	251.07	413.44	233.89
	18.04%	17.60%	10.20%	6.80%	5.60%	8.50%	6.80%
	12.56%	12.10%	6.00%	3.10%	2.10%	4.20%	2.90%
	—	24.90%	13.10%	—	—	—	—
	40.17%	27.60%	21.90%	17.20%	-8.50%	42.80%	—
	127.73%	157.30%	134.40%	74.40%	-53.80%	103.80%	—
	—	735.63	1,366	—	—	—	—
	—	1.26	3.89	—	—	—	—
	—	0.00	0.00	—	—	—	—
	—	-4,689	-3,807	—	—	—	—
	—	14.2	56.8	—	—	—	—
Balance sheet
	—	12,044	8,613	—	—	—	—
	—	10,358	7,581	—	—	—	—
	—	4,689	3,807	—	—	—	—
	—	1,913	2,110	—	—	—	—
	—	1,485	925.71	—	—	—	—
	—	2,080	660.53	—	—	—	—
	—	812.46	683.70	—	—	—	—
	—	3,081	2,042	—	—	—	—
	—	6,693	4,319	—	—	—	—
	—	0.00	0.00	—	—	—	—
	—	0.00	0.00	—	—	—	—
	—	0.00	0.00	—	—	—	—
	—	5,176	4,214	—	—	—	—
Cash flow
	—	1,245	1,494	—	—	—	—
	—	-271.36	-109.99	—	—	—	—
	—	-90.85	2,295	—	—	—	—
	—	509.20	128.13	—	—	—	—

Compounded growth

Sales CAGR 3Y: +22.17%
Sales CAGR 5Y: +18.96%
Profit CAGR 3Y: +119.12%
Profit CAGR 5Y: +58.17%
Sales YoY (TTM): +40.17%
Profit YoY (TTM): +127.73%

Compounded from reported annual figures. We publish no share-price CAGR: our prices are as-traded, so one would be wrong across every split and bonus issue.

Shareholding as of 30 Sep 2026

Promoter holding: 71.31%

Quarter	September 2026	June 2026
Promoter %	71.31%	71.31%

Holder	Type	Holding	Previous	Change
HITACHI ENERGY LTD	Promoter	71.31%	71.31%	0.00%
FOREIGN BANK	Public	0.00%	0.00%	0.00%

Public shareholders are disclosed individually only above 1%.

Peer comparison

Company	Mkt cap (₹ Cr)	Price (₹)	P/E	ROCE	Sales YoY	Profit YoY	1Y return
Bharat Heavy Electricals Ltd.	1,47,639	424.00	51.29	6.50%	+29.08% TTM	+415.37% TTM	+58.68%
ABB India Limited S	1,43,123	6,754.00	46.67	—	+7.92% TTM	+66.43% TTM	+28.89%
CG Power and Industrial Solutions Limited	1,32,631	841.85	97.18	19.30%	+23.76% TTM	+28.33% TTM	+12.62%
HITACHI ENERGY INDIA LIMITED S	1,29,262	29,000.40	112.37	24.90%	+40.17% TTM	+127.73% TTM	+41.26%
Siemens Ltd.	1,25,176	3,515.00	42.11	20.80%	—	—	+12.74%
GE Vernova T&D India Limited S	1,09,206	4,265.10	76.00	58.50%	+41.34% TTM	+56.22% TTM	+35.57%
Siemens Energy India Limited S	1,05,412	2,960.00	70.85	26.10%	—	—	-8.69%
SUZLON ENERGY LTD.	51,481	37.45	22.79	27.00%	+33.90% TTM	-28.79% TTM	-37.58%
Thermax Ltd.	39,095	3,280.95	66.19	15.40%	+4.68% TTM	-11.68% TTM	+0.66%
SCHNEIDER ELECTRIC INFRASTRUCTURE LIMITED S	27,448	1,147.95	149.28	24.90%	+9.56% TTM	-29.50% TTM	+28.95%
TD Power Systems Ltd	23,403	728.05	85.10	30.30%	+54.29% TTM	+45.27% TTM	+77.57%
Azad Engineering Limited	16,664	2,580.35	119.64	11.50%	+28.72% TTM	+40.92% TTM	+55.76%
Triveni Turbine Limited	15,868	499.15	47.21	32.00%	+17.70% TTM	-1.90% TTM	-6.73%
KARAMTARA ENGINEERING LIMITED	12,315	382.65	—	—	+36.52% FY26	+64.18% FY26	—
Atlanta Electricals Limited	11,643	1,514.10	51.86	34.60%	—	—	+50.82%
QUALITY POWER ELECTRICAL EQUIPMENTS LIMITED	11,249	1,452.55	50.36	27.30%	+89.92% TTM	+82.64% TTM	+50.72%
Inox Wind Limited	10,986	63.57	26.34	10.40%	+17.10% TTM	-14.81% TTM	-58.92%
VOLTAMP TRANSFORMERS LIMITED S	10,133	10,015.35	31.34	22.30%	+22.89% TTM	-1.63% TTM	+35.97%
Elecon Engineering Co.Ltd.	9,841	438.55	40.22	18.60%	+2.58% TTM	-52.69% TTM	-22.35%
Transformers and Rectifiers (India) Limited	9,527	317.40	30.44	25.40%	+27.23% TTM	+23.01% TTM	-24.26%
Kanohar Electricals Limited S	8,509	941.15	—	—	—	—	—
Skipper Limited	6,581	538.95	26.79	22.20%	+16.04% TTM	+47.75% TTM	+4.65%
Powerica Ltd.	6,316	499.05	—	11.20%	—	—	—
Transrail Lighting Limited	6,115	454.60	14.60	31.90%	+14.51% TTM	+0.35% TTM	-35.99%
GE Power India Limited	4,196	624.10	15.45	47.60%	+18.73% TTM	+9.86% TTM	+106.66%

Some figures use IPO-document inputs. Growth periods are shown per value; FY means annual.

Filings & corporate actions

Recent announcements

Please refer the enclosed file.2 Nov 2026 · Company Update / Analyst / Investor Meet
Hitachi Energy India Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 12/11/2026 ,inter alia, to consider and approve the unaudited financial ....2 Nov 2026 · Board Meeting / Board Meeting
Please refer the enclosed file13 Oct 2026 · AGM/EGM / Postal Ballot
Please refer the enclosed file13 Oct 2026 · AGM/EGM / Postal Ballot
Please refer the enclosed file9 Oct 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Please refer the enclosed file30 Sep 2026 · Insider Trading / SAST / Closure of Trading Window
Please refer the enclosed file17 Sep 2026 · Company Update / Analyst / Investor Meet
please refer the enclosed file16 Sep 2026 · Company Update / Investor Presentation
Please refer the enclosed file12 Sep 2026 · Company Update / Newspaper Publication
Postal Ballot Notice11 Sep 2026 · AGM/EGM / Postal Ballot
Please find attached file10 Sep 2026 · Company Update / Analyst / Investor Meet
Please refer the enclosed file2 Sep 2026 · Company Update / General
Please refer the enclosed file28 Aug 2026 · Company Update / General
Please refer the enclosed file28 Aug 2026 · Others / Outcome without intimation
Please refer the enclosed file28 Aug 2026 · Company Update / Meeting Updates
Please refer the enclosed file28 Aug 2026 · Company Update / General
Please refer the enclosed file28 Aug 2026 · AGM/EGM / AGM
Please refer the enclosed file28 Aug 2026 · AGM/EGM / AGM
Please refer the enclosed file17 Aug 2026 · Company Update / Analyst / Investor Meet
Please refer the enclosed file14 Aug 2026 · Company Update / Earnings Call Transcript
Please refer the enclosed file11 Aug 2026 · Company Update / Investor Presentation
Please refer the enclosed file8 Aug 2026 · Company Update / Newspaper Publication
Please refer the enclosed file7 Aug 2026 · Company Update / General
Please refer the enclosed file7 Aug 2026 · Company Update / Analyst / Investor Meet
Please refer the enclosed file7 Aug 2026 · Company Update / Analyst / Investor Meet
Please refer the enclosed file7 Aug 2026 · Company Update / Monitoring Agency Report
Please refer the enclosed file7 Aug 2026 · Company Update / Reg. 32 (1), (3) - Statement of Deviation & Variation
Please refer the enclosed file.7 Aug 2026 · Company Update / Code of Conduct under SEBI (PIT) Regulations, 2015
Please refer the enclosed file7 Aug 2026 · Company Update / Press Release / Media Release
Please refer the enclosed file7 Aug 2026 · Company Update / Investor Presentation
please refer the enclosed file7 Aug 2026 · Result / Financial Results
Please refer the enclosed file7 Aug 2026 · Board Meeting / Outcome of Board Meeting
Please refer the enclosed file.5 Aug 2026 · Company Update / Analyst / Investor Meet
Please refer the enclosed file1 Aug 2026 · Company Update / Newspaper Publication
Pursuant to the Regulation 36(1)(b) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform that the Company has sent a letter providing a web-link ....31 Jul 2026 · Company Update / General
Please refer the enclosed file.31 Jul 2026 · Others / Business Responsibility and Sustainability Reporting (BRSR)
Please refer the enclosed file.31 Jul 2026 · Others / Reg. 34 (1) Annual Report
Please refer the enclosed file31 Jul 2026 · AGM/EGM / AGM
Please refer the enclosed file.24 Jul 2026 · Company Update / Analyst / Investor Meet
Hitachi Energy India Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 07/08/2026 ,inter alia, to consider and approve the unaudited financial ....24 Jul 2026 · Board Meeting / Board Meeting

Corporate actions

Purpose	Ex date	Record date	Payment date
Final Dividend - Rs. - 8.0000	21 Aug 2026	21 Aug 2026	—
Final Dividend - Rs. - 6.0000	13 Aug 2025	13 Aug 2025	—
Final Dividend - Rs. - 4.0000	14 Aug 2024	—	—

Board meetings

12 Nov 2026 Board Meeting - Financial Results
7 Aug 2026 Board Meeting - Financial Results