Hitachi Energy India Ltd.
•₹ 34,1902.03%
2026-08-21
ABOUT
KEY POINTS
Revenue Breakup Mar 2026 • Sale of products: 65.7% • Revenue from Execution of Contracts for Projects & Services: 28.9% • Other Operating Revenues: 2.8% • Sale of Services: 2.7%
PROS
- Company is almost debt free
- Company has a healthy return on capital (ROCE) of 22.4%
- Latest quarter profit grew 123.5% YoY, showing strong momentum
- Operating margins have improved to 15.6% from 5.9%
- Strong cash generation - operating cash flow backs reported profits (CFO/PAT 1.95x)
CONS
- Promoter holding has decreased over last 2 years: -3.7pp
- Stock is trading at 20.9x its book value
- Though reporting repeated profits, the company pays out little dividend (3.6%)
- Rich enterprise valuation - EV/EBITDA of 68.5x
* The pros and cons are machine generated based on quantitative rules.
Peer comparison
EDIT COLUMNS| S.No. | Name | CMP Rs. | P/E | Mar Cap Rs.Cr. | Div Yld % | NP Qtr Rs.Cr. | Qtr Profit Var % | Sales Qtr Rs.Cr. | Qtr Sales Var % | ROCE % | OPM % |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | ABB | 7400.00 | 52.48 | 156812.20 | 0.53 | 3623.00 | 930.02 | 35588.70 | 1110.31 | 30.18 | 12.56 |
| 2. | POWERINDIA | 33550.00 | 0.00 | 149540.28 | 0.02 | 294.15 | 123.52 | 2493.69 | 74.46 | 28.73 | 14.58 |
| 3. | SIEMENS | 3880.10 | 42.19 | 138178.32 | 0.46 | 214.31 | -49.38 | 4713.70 | 8.44 | 21.42 | 9.14 |
| 4. | CGPOWER | 862.90 | 108.75 | 135945.59 | 0.15 | 308.28 | 15.52 | 3280.81 | 13.99 | 27.94 | 12.11 |
| 5. | ENRIN | 3483.60 | 0.00 | 124058.14 | 0.11 | 4409.00 | 1578.34 | 24856.00 | 1292.81 | 40.19 | 23.56 |
| 6. | GVT&D | 4119.00 | 564.77 | 105465.57 | 0.24 | 362.99 | 24.65 | 1836.14 | 38.04 | 75.51 | 25.10 |
| 7. | HAVELLS | 1278.00 | 49.11 | 80202.38 | 0.78 | 289.71 | -16.64 | 6518.19 | 19.48 | 25.74 | 7.15 |
| 8. | WAAREEENER | 2688.00 | 20.26 | 77320.68 | 0.15 | 891.87 | 15.39 | 7931.79 | 79.22 | 34.71 | 18.15 |
| 9. | APARINDS | 16607.65 | 58.86 | 69540.11 | 0.36 | 4674.50 | 1677.98 | 65910.60 | 1191.31 | 33.47 | 11.50 |
| 10. | SUZLON | 46.78 | 20.45 | 64302.09 | 0.00 | 305.22 | -5.89 | 3829.09 | 22.83 | 35.79 | 15.55 |
| 11. | SCHNEIDER | 1254.75 | 0.00 | 30001.58 | 0.00 | 124.40 | 201.65 | 6513.60 | 947.83 | 31.01 | 5.23 |
| 12. | TDPOWERSYS | 1545.45 | 87.80 | 24144.32 | 0.14 | 86.29 | 72.33 | 640.05 | 72.10 | 34.01 | 19.00 |
Detailed Comparison with:
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1,004 | 1,192 | 1,239 | 1,661 | 1,293 | 1,508 | 1,583 | 1,840 | 1,429 | 1,760 | 2,021 | 2,707 | 2,494 | |
| 1,006 | 1,163 | 1,206 | 1,513 | 1,279 | 1,444 | 1,453 | 1,646 | 1,324 | 1,534 | 1,737 | 2,338 | 2,162 | |
| Operating Profit | — | — | — | — | — | — | — | — | — | — | — | — | — |
| OPM % | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Income | 3 | 0 | 2 | 4 | 0 | 0 | 52 | 38 | 51 | 83 | 86 | 57 | 58 |
| Interest | 11 | 11 | 14 | 11 | 11 | 16 | 12 | 6 | 4 | 3 | 3 | 3 | 3 |
| Depreciation | 22 | 22 | 23 | 23 | 22 | 23 | 23 | 23 | 25 | 26 | 27 | 27 | 28 |
| 3 | 32 | 34 | 152 | 15 | 71 | 184 | 247 | 177 | 353 | 348 | 443 | 390 | |
| Tax % | 28.70% | 23.57% | 32.00% | 25.31% | 30.76% | 25.95% | 25.36% | 25.45% | 25.60% | 25.09% | 24.83% | 25.46% | 24.48% |
| Net Profit | 2 | 25 | 23 | 114 | 10 | 52 | 137 | 184 | 132 | 264 | 261 | 330 | 294 |
| 1 | 6 | 5 | 27 | 2 | 12 | 32 | 43 | 30 | 59 | 59 | 74 | 7 | |
| Equity Capital | 8 | 8 | 8 | 8 | 8 | 8 | 8 | 9 | 9 | 9 | 9 | 9 | 9 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Equity Capital | 8 | 8 | 8 | 8 | 8 | 8 | 8 | 9 | 9 | 9 | 9 | 9 | 9 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Jun 2023
- 1,004
- 1,006
- Operating Profit
- —
- OPM %
- —
- Other Income
- 3
- Interest
- 11
- Depreciation
- 22
- 3
- Tax %
- 28.70%
- Net Profit
- 2
- 1
- Equity Capital
- 8
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 8
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2023
- 1,192
- 1,163
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 11
- Depreciation
- 22
- 32
- Tax %
- 23.57%
- Net Profit
- 25
- 6
- Equity Capital
- 8
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 8
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2023
- 1,239
- 1,206
- Operating Profit
- —
- OPM %
- —
- Other Income
- 2
- Interest
- 14
- Depreciation
- 23
- 34
- Tax %
- 32.00%
- Net Profit
- 23
- 5
- Equity Capital
- 8
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 8
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2024
- 1,661
- 1,513
- Operating Profit
- —
- OPM %
- —
- Other Income
- 4
- Interest
- 11
- Depreciation
- 23
- 152
- Tax %
- 25.31%
- Net Profit
- 114
- 27
- Equity Capital
- 8
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 8
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2024
- 1,293
- 1,279
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 11
- Depreciation
- 22
- 15
- Tax %
- 30.76%
- Net Profit
- 10
- 2
- Equity Capital
- 8
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 8
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2024
- 1,508
- 1,444
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 16
- Depreciation
- 23
- 71
- Tax %
- 25.95%
- Net Profit
- 52
- 12
- Equity Capital
- 8
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 8
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2024
- 1,583
- 1,453
- Operating Profit
- —
- OPM %
- —
- Other Income
- 52
- Interest
- 12
- Depreciation
- 23
- 184
- Tax %
- 25.36%
- Net Profit
- 137
- 32
- Equity Capital
- 8
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 8
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2025
- 1,840
- 1,646
- Operating Profit
- —
- OPM %
- —
- Other Income
- 38
- Interest
- 6
- Depreciation
- 23
- 247
- Tax %
- 25.45%
- Net Profit
- 184
- 43
- Equity Capital
- 9
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 9
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2025
- 1,429
- 1,324
- Operating Profit
- —
- OPM %
- —
- Other Income
- 51
- Interest
- 4
- Depreciation
- 25
- 177
- Tax %
- 25.60%
- Net Profit
- 132
- 30
- Equity Capital
- 9
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 9
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2025
- 1,760
- 1,534
- Operating Profit
- —
- OPM %
- —
- Other Income
- 83
- Interest
- 3
- Depreciation
- 26
- 353
- Tax %
- 25.09%
- Net Profit
- 264
- 59
- Equity Capital
- 9
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 9
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2025
- 2,021
- 1,737
- Operating Profit
- —
- OPM %
- —
- Other Income
- 86
- Interest
- 3
- Depreciation
- 27
- 348
- Tax %
- 24.83%
- Net Profit
- 261
- 59
- Equity Capital
- 9
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 9
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2026
- 2,707
- 2,338
- Operating Profit
- —
- OPM %
- —
- Other Income
- 57
- Interest
- 3
- Depreciation
- 27
- 443
- Tax %
- 25.46%
- Net Profit
- 330
- 74
- Equity Capital
- 9
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 9
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2026
- 2,494
- 2,162
- Operating Profit
- —
- OPM %
- —
- Other Income
- 58
- Interest
- 3
- Depreciation
- 28
- 390
- Tax %
- 24.48%
- Net Profit
- 294
- 7
- Equity Capital
- 9
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 9
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|
| 4,884 | 4,469 | 5,237 | 6,385 | 8,148 | 8,983 | |
| 4,562 | 4,219 | 4,878 | 5,780 | 6,880 | 7,770 | |
| Operating Profit | 389 | 265 | 368 | 662 | 1,507 | — |
| OPM % | 8 | 6 | 7 | 10 | 18 | — |
| Other Income | 67 | 15 | 9 | 57 | 240 | 284 |
| Interest | 53 | 54 | 57 | 54 | 28 | 12 |
| Depreciation | 95 | 80 | 90 | 91 | 104 | 108 |
| 277 | 131 | 222 | 516 | 1,321 | 1,534 | |
| Tax % | 26 | 28 | 26 | 26 | 25 | 25 |
| Net Profit | 203 | 94 | 164 | 384 | 988 | 1,150 |
| EPS | 48 | 22 | 39 | 86 | 221 | — |
| Dividend Payout % | 6 | 15 | 10 | 7 | 4 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 48 | 22 | 39 | 86 | 221 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 48 | 22 | 39 | 86 | 221 | — |
Mar 2022
- 4,884
- 4,562
- Operating Profit
- 389
- OPM %
- 8
- Other Income
- 67
- Interest
- 53
- Depreciation
- 95
- 277
- Tax %
- 26
- Net Profit
- 203
- EPS
- 48
- Dividend Payout %
- 6
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 48
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 48
Mar 2023
- 4,469
- 4,219
- Operating Profit
- 265
- OPM %
- 6
- Other Income
- 15
- Interest
- 54
- Depreciation
- 80
- 131
- Tax %
- 28
- Net Profit
- 94
- EPS
- 22
- Dividend Payout %
- 15
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 22
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 22
Mar 2024
- 5,237
- 4,878
- Operating Profit
- 368
- OPM %
- 7
- Other Income
- 9
- Interest
- 57
- Depreciation
- 90
- 222
- Tax %
- 26
- Net Profit
- 164
- EPS
- 39
- Dividend Payout %
- 10
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 39
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 39
Mar 2025
- 6,385
- 5,780
- Operating Profit
- 662
- OPM %
- 10
- Other Income
- 57
- Interest
- 54
- Depreciation
- 91
- 516
- Tax %
- 26
- Net Profit
- 384
- EPS
- 86
- Dividend Payout %
- 7
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 86
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 86
Mar 2026
- 8,148
- 6,880
- Operating Profit
- 1,507
- OPM %
- 18
- Other Income
- 240
- Interest
- 28
- Depreciation
- 104
- 1,321
- Tax %
- 25
- Net Profit
- 988
- EPS
- 221
- Dividend Payout %
- 4
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 221
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 221
TTM
- 8,983
- 7,770
- Operating Profit
- —
- OPM %
- —
- Other Income
- 284
- Interest
- 12
- Depreciation
- 108
- 1,534
- Tax %
- 25
- Net Profit
- 1,150
- EPS
- —
- Dividend Payout %
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
COMPOUNDED SALES GROWTH
- 10 Years:
- —
- 5 Years:
- —
- 3 Years:
- 22%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- —
- 5 Years:
- —
- 3 Years:
- 119%
STOCK PRICE CAGR
- 10 Years:
- —
- 5 Years:
- 79%
- 3 Years:
- 97%
- 1 Year:
- 68%
RETURN ON EQUITY
- 10 Years:
- —
- 5 Years:
- 15%
- 3 Years:
- 16%
- Last Year:
- 21%
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| LIABILITIES | - | - | - | - | - |
| Equity Capital | 8 | 8 | 8 | 9 | 9 |
| 1,124 | 1,207 | 1,351 | 4,205 | 5,167 | |
| 125 | 275 | 150 | 0 | 0 | |
| Trade Payables | 1,619 | 1,515 | 1,810 | 2,042 | 3,081 |
| 613 | 882 | 1,334 | 2,271 | 3,688 | |
| Total Liabilities | 3,489 | 3,887 | 4,654 | 8,527 | 11,945 |
| ASSETS | - | - | - | - | - |
| 653 | 713 | 695 | 717 | 845 | |
| Capital Work in Progress | 118 | 49 | 63 | 90 | 192 |
| 707 | 818 | 888 | 926 | 1,485 | |
| 0 | 0 | 1,522 | 1,580 | 1,913 | |
| Cash & Bank | 86 | 163 | 128 | 3,807 | 4,689 |
| 1,925 | 2,143 | 1,358 | 1,408 | 2,819 | |
| Total Assets | 3,489 | 3,887 | 4,654 | 8,527 | 11,945 |
| Total Debt | 125 | 275 | 150 | 0 | 0 |
| Net Working Capital | 346 | 417 | 538 | 3,262 | 3,665 |
| Contingent Liabilities | 50 | 47 | 23 | 139 | 125 |
| Book Value per Share | 267.07 | 286.63 | 320.72 | 944.87 | 1160.53 |
| Face Value | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 |
| Total Debt | 125 | 275 | 150 | 0 | 0 |
| Net Working Capital | 346 | 417 | 538 | 3,262 | 3,665 |
| Contingent Liabilities | 50 | 47 | 23 | 139 | 125 |
| Book Value per Share | 267.07 | 286.63 | 320.72 | 944.87 | 1160.53 |
| Face Value | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 |
Mar 2022
- Equity Capital
- 8
- 1,124
- 125
- Trade Payables
- 1,619
- 613
- Total Liabilities
- 3,489
- 653
- Capital Work in Progress
- 118
- 707
- 0
- Cash & Bank
- 86
- 1,925
- Total Assets
- 3,489
- Total Debt
- 125
- Net Working Capital
- 346
- Contingent Liabilities
- 50
- Book Value per Share
- 267.07
- Face Value
- 2.00
- Total Debt
- 125
- Net Working Capital
- 346
- Contingent Liabilities
- 50
- Book Value per Share
- 267.07
- Face Value
- 2.00
Mar 2023
- Equity Capital
- 8
- 1,207
- 275
- Trade Payables
- 1,515
- 882
- Total Liabilities
- 3,887
- 713
- Capital Work in Progress
- 49
- 818
- 0
- Cash & Bank
- 163
- 2,143
- Total Assets
- 3,887
- Total Debt
- 275
- Net Working Capital
- 417
- Contingent Liabilities
- 47
- Book Value per Share
- 286.63
- Face Value
- 2.00
- Total Debt
- 275
- Net Working Capital
- 417
- Contingent Liabilities
- 47
- Book Value per Share
- 286.63
- Face Value
- 2.00
Mar 2024
- Equity Capital
- 8
- 1,351
- 150
- Trade Payables
- 1,810
- 1,334
- Total Liabilities
- 4,654
- 695
- Capital Work in Progress
- 63
- 888
- 1,522
- Cash & Bank
- 128
- 1,358
- Total Assets
- 4,654
- Total Debt
- 150
- Net Working Capital
- 538
- Contingent Liabilities
- 23
- Book Value per Share
- 320.72
- Face Value
- 2.00
- Total Debt
- 150
- Net Working Capital
- 538
- Contingent Liabilities
- 23
- Book Value per Share
- 320.72
- Face Value
- 2.00
Mar 2025
- Equity Capital
- 9
- 4,205
- 0
- Trade Payables
- 2,042
- 2,271
- Total Liabilities
- 8,527
- 717
- Capital Work in Progress
- 90
- 926
- 1,580
- Cash & Bank
- 3,807
- 1,408
- Total Assets
- 8,527
- Total Debt
- 0
- Net Working Capital
- 3,262
- Contingent Liabilities
- 139
- Book Value per Share
- 944.87
- Face Value
- 2.00
- Total Debt
- 0
- Net Working Capital
- 3,262
- Contingent Liabilities
- 139
- Book Value per Share
- 944.87
- Face Value
- 2.00
Mar 2026
- Equity Capital
- 9
- 5,167
- 0
- Trade Payables
- 3,081
- 3,688
- Total Liabilities
- 11,945
- 845
- Capital Work in Progress
- 192
- 1,485
- 1,913
- Cash & Bank
- 4,689
- 2,819
- Total Assets
- 11,945
- Total Debt
- 0
- Net Working Capital
- 3,665
- Contingent Liabilities
- 125
- Book Value per Share
- 1160.53
- Face Value
- 2.00
- Total Debt
- 0
- Net Working Capital
- 3,665
- Contingent Liabilities
- 125
- Book Value per Share
- 1160.53
- Face Value
- 2.00
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| -127 | 5 | 252 | 1,494 | 1,245 | |
| Cash from Investing | -167 | -12 | -89 | -110 | -271 |
| Cash from Financing | 61 | 84 | -199 | 2,295 | -91 |
| -233 | 77 | -35 | 3,679 | 883 | |
| Free Cash Flow | -127 | -50 | 186 | 1,375 | 920 |
| OCF / Net Profit | -0.62 | 0.06 | 1.54 | 3.89 | 1.26 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 0 |
| OCF / Net Profit | -0.62 | 0.06 | 1.54 | 3.89 | 1.26 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 0 |
Mar 2022
- -127
- Cash from Investing
- -167
- Cash from Financing
- 61
- -233
- Free Cash Flow
- -127
- OCF / Net Profit
- -0.62
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -0.62
- Cumulative 5-Year FCF
- 0
Mar 2023
- 5
- Cash from Investing
- -12
- Cash from Financing
- 84
- 77
- Free Cash Flow
- -50
- OCF / Net Profit
- 0.06
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 0.06
- Cumulative 5-Year FCF
- 0
Mar 2024
- 252
- Cash from Investing
- -89
- Cash from Financing
- -199
- -35
- Free Cash Flow
- 186
- OCF / Net Profit
- 1.54
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 1.54
- Cumulative 5-Year FCF
- 0
Mar 2025
- 1,494
- Cash from Investing
- -110
- Cash from Financing
- 2,295
- 3,679
- Free Cash Flow
- 1,375
- OCF / Net Profit
- 3.89
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 3.89
- Cumulative 5-Year FCF
- 0
Mar 2026
- 1,245
- Cash from Investing
- -271
- Cash from Financing
- -91
- 883
- Free Cash Flow
- 920
- OCF / Net Profit
- 1.26
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 1.26
- Cumulative 5-Year FCF
- 0
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| PER SHARE | - | - | - | - | - |
| EPS (₹) | 47.97 | 22.15 | 38.63 | 86.09 | 221.49 |
| Book Value (₹) | 267.07 | 286.63 | 320.72 | 944.87 | 1160.53 |
| Dividend per Share (₹) | 3.00 | 3.40 | 4.00 | 6.00 | 8.00 |
| Cash EPS (₹) | 70.49 | 41.05 | 59.86 | 106.58 | 244.86 |
| PROFITABILITY | - | - | - | - | - |
| Operating Margin % | 7.96% | 5.93% | 6.86% | 9.47% | 15.55% |
| Net Margin % | 4.16% | 2.10% | 3.13% | 6.01% | 12.12% |
| ROE % | 19.70% | 8.00% | 12.72% | 13.78% | 21.04% |
| ROCE % | 30.08% | 13.46% | 18.55% | 19.94% | 28.73% |
| 5.84% | 2.55% | 3.84% | 5.83% | 9.65% | |
| EFFICIENCY | - | - | - | - | - |
| Debtor Days | 112 | 120 | 106 | 89 | 78 |
| Inventory Days | 45 | 62 | 59 | 52 | 54 |
| Payable Days | 168 | 143 | 128 | 136 | 183 |
| -11 | 39 | 38 | 4 | -50 | |
| FINANCIAL HEALTH | - | - | - | - | - |
| Debt to Equity (x) | 0.11x | 0.23x | 0.11x | 0.00x | 0.00x |
| Interest Coverage (x) | 6.24x | 3.42x | 4.92x | 10.53x | 48.62x |
| 1.15x | 1.16x | 1.16x | 1.76x | 1.55x | |
| GROWTH | - | - | - | - | - |
| Revenue Growth % | 42.79% | -8.51% | 17.21% | 21.91% | 27.61% |
| Operating Profit Growth % | 35.77% | -31.84% | 38.93% | 79.72% | 127.69% |
| Net Profit Growth % | 103.81% | -53.83% | 74.42% | 134.45% | 157.26% |
| 0.00% | 0.00% | 74.42% | 122.88% | 157.26% | |
| VALUATION | - | - | - | - | - |
| P/E (x) | 0.00x | 0.00x | 180.31x | 146.92x | 109.32x |
| P/B (x) | 0.00x | 0.00x | 21.72x | 13.39x | 20.86x |
| Dividend Yield % | 0.00% | 0.00% | 0.06% | 0.05% | 0.03% |
| 0.00x | 0.00x | 80.24x | 79.47x | 68.54x |
Mar 2022
- EPS (₹)
- 47.97
- Book Value (₹)
- 267.07
- Dividend per Share (₹)
- 3.00
- Cash EPS (₹)
- 70.49
- Operating Margin %
- 7.96%
- Net Margin %
- 4.16%
- ROE %
- 19.70%
- ROCE %
- 30.08%
- 5.84%
- Debtor Days
- 112
- Inventory Days
- 45
- Payable Days
- 168
- -11
- Debt to Equity (x)
- 0.11x
- Interest Coverage (x)
- 6.24x
- 1.15x
- Revenue Growth %
- 42.79%
- Operating Profit Growth %
- 35.77%
- Net Profit Growth %
- 103.81%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2023
- EPS (₹)
- 22.15
- Book Value (₹)
- 286.63
- Dividend per Share (₹)
- 3.40
- Cash EPS (₹)
- 41.05
- Operating Margin %
- 5.93%
- Net Margin %
- 2.10%
- ROE %
- 8.00%
- ROCE %
- 13.46%
- 2.55%
- Debtor Days
- 120
- Inventory Days
- 62
- Payable Days
- 143
- 39
- Debt to Equity (x)
- 0.23x
- Interest Coverage (x)
- 3.42x
- 1.16x
- Revenue Growth %
- -8.51%
- Operating Profit Growth %
- -31.84%
- Net Profit Growth %
- -53.83%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2024
- EPS (₹)
- 38.63
- Book Value (₹)
- 320.72
- Dividend per Share (₹)
- 4.00
- Cash EPS (₹)
- 59.86
- Operating Margin %
- 6.86%
- Net Margin %
- 3.13%
- ROE %
- 12.72%
- ROCE %
- 18.55%
- 3.84%
- Debtor Days
- 106
- Inventory Days
- 59
- Payable Days
- 128
- 38
- Debt to Equity (x)
- 0.11x
- Interest Coverage (x)
- 4.92x
- 1.16x
- Revenue Growth %
- 17.21%
- Operating Profit Growth %
- 38.93%
- Net Profit Growth %
- 74.42%
- 74.42%
- P/E (x)
- 180.31x
- P/B (x)
- 21.72x
- Dividend Yield %
- 0.06%
- 80.24x
Mar 2025
- EPS (₹)
- 86.09
- Book Value (₹)
- 944.87
- Dividend per Share (₹)
- 6.00
- Cash EPS (₹)
- 106.58
- Operating Margin %
- 9.47%
- Net Margin %
- 6.01%
- ROE %
- 13.78%
- ROCE %
- 19.94%
- 5.83%
- Debtor Days
- 89
- Inventory Days
- 52
- Payable Days
- 136
- 4
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- 10.53x
- 1.76x
- Revenue Growth %
- 21.91%
- Operating Profit Growth %
- 79.72%
- Net Profit Growth %
- 134.45%
- 122.88%
- P/E (x)
- 146.92x
- P/B (x)
- 13.39x
- Dividend Yield %
- 0.05%
- 79.47x
Mar 2026
- EPS (₹)
- 221.49
- Book Value (₹)
- 1160.53
- Dividend per Share (₹)
- 8.00
- Cash EPS (₹)
- 244.86
- Operating Margin %
- 15.55%
- Net Margin %
- 12.12%
- ROE %
- 21.04%
- ROCE %
- 28.73%
- 9.65%
- Debtor Days
- 78
- Inventory Days
- 54
- Payable Days
- 183
- -50
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- 48.62x
- 1.55x
- Revenue Growth %
- 27.61%
- Operating Profit Growth %
- 127.69%
- Net Profit Growth %
- 157.26%
- 157.26%
- P/E (x)
- 109.32x
- P/B (x)
- 20.86x
- Dividend Yield %
- 0.03%
- 68.54x
Documents
Announcements
- Analysts/Institutional Investor Meet/Con. Call Updates
2026-08-17 - Hitachi Energy India Limited has informed the Exchange about Schedule of meet
- Analysts/Institutional Investor Meet/Con. Call Updates
2026-08-14 - Hitachi Energy India Limited has informed the Exchange about Transcript
Annual Reports
Credit Ratings
- Credit Rating
2026-06-23 - Hitachi Energy India Limited has informed the Exchange about Credit Rating
Concalls
Aug 2026
Jun 2026
May 2026