Hitachi Energy India Ltd
Hitachi Energy India Ltd (formerly known as ABB Power Products and Systems India Ltd.) was created in 2019 as a Joint Venture between Hitachi and ABB's Power Grids. The company serves utility and industry customers, with a complete range of engineering, products, solutions, and services in areas of Power technology. [1][2]
- Market Cap ₹ 1,64,338 Cr.
- Current Price ₹ 36,870
- High / Low ₹ 38,800 / 16,104
- Stock P/E 160
- Book Value ₹ 1,161
- Dividend Yield 0.02 %
- ROCE 29.0 %
- ROE 21.9 %
- Face Value ₹ 2.00
Pros
- Company is almost debt free.
- Company is expected to give good quarter
- Company has delivered good profit growth of 53.7% CAGR over last 5 years
Cons
- Stock is trading at 31.8 times its book value
- Promoter holding has decreased over last 3 years: -3.69%
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Industrials Capital Goods Electrical Equipment Heavy Electrical Equipment
Part of BSE 500 BSE Capital Goods BSE 200 BSE Dollex 200 Nifty 500
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Dec 2019 | Dec 2020 | Dec 2021 | Mar 2022 15m | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| 3,236 | 3,420 | 3,771 | 4,884 | 4,469 | 5,237 | 6,385 | 8,148 | |
| 2,899 | 3,152 | 3,526 | 4,560 | 4,218 | 4,878 | 5,780 | 6,895 | |
| Operating Profit | 337 | 269 | 244 | 323 | 250 | 359 | 605 | 1,252 |
| OPM % | 10% | 8% | 6% | 7% | 6% | 7% | 9% | 15% |
| -41 | -18 | 74 | 101 | 15 | 9 | 57 | 186 | |
| Interest | 28 | 38 | 32 | 53 | 54 | 57 | 54 | 13 |
| Depreciation | 48 | 77 | 81 | 95 | 80 | 90 | 91 | 104 |
| Profit before tax | 221 | 136 | 206 | 277 | 131 | 222 | 516 | 1,321 |
| Tax % | 25% | 27% | 26% | 26% | 28% | 26% | 26% | 25% |
| 165 | 100 | 152 | 203 | 94 | 164 | 384 | 988 | |
| EPS in Rs | 39.02 | 23.55 | 35.80 | 47.99 | 22.16 | 38.64 | 86.15 | 221.63 |
| Dividend Payout % | 0% | 8% | 0% | 6% | 15% | 10% | 7% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 19% |
| 3 Years: | 22% |
| TTM: | 28% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 54% |
| 3 Years: | 122% |
| TTM: | 167% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 81% |
| 3 Years: | 111% |
| 1 Year: | 103% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 17% |
| 3 Years: | 18% |
| Last Year: | 22% |
Balance Sheet
Figures in Rs. Crores
| Dec 2019 | Dec 2020 | Dec 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Equity Capital | 8 | 8 | 8 | 8 | 8 | 9 | 9 | |
| Reserves | 831 | 924 | 1,124 | 1,207 | 1,351 | 4,205 | 5,167 | |
| 348 | 39 | 190 | 334 | 214 | 88 | 86 | ||
| 2,253 | 2,532 | 2,201 | 2,369 | 3,134 | 4,311 | 6,782 | ||
| Total Liabilities | 3,441 | 3,503 | 3,524 | 3,919 | 4,707 | 8,613 | 12,044 | |
| 579 | 656 | 653 | 713 | 695 | 717 | 952 | ||
| CWIP | 57 | 32 | 118 | 49 | 63 | 90 | 85 | |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| 2,804 | 2,815 | 2,753 | 3,157 | 3,950 | 7,807 | 11,006 | ||
| Total Assets | 3,441 | 3,503 | 3,524 | 3,919 | 4,707 | 8,613 | 12,044 |
Cash Flows
Figures in Rs. Crores
| Dec 2019 | Dec 2020 | Dec 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| -73 | 610 | -127 | -127 | 5 | 252 | 1,494 | 1,245 | |
| -73 | -89 | -167 | -167 | -12 | -89 | -110 | -271 | |
| 333 | -390 | 61 | 61 | 84 | -199 | 2,295 | -91 | |
| Net Cash Flow | 188 | 131 | -233 | -233 | 77 | -35 | 3,679 | 883 |
| Free Cash Flow | -146 | 519 | -294 | -294 | -7 | 163 | 1,366 | 735 |
| CFO/OP | 0% | 244% | -14% | -10% | 29% | 84% | 273% | 139% |
Ratios
Figures in Rs. Crores
| Dec 2019 | Dec 2020 | Dec 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Debtor Days | 201 | 168 | 106 | 125 | 106 | 121 | 86 | |
| Inventory Days | 102 | 103 | 93 | 110 | 101 | 91 | 119 | |
| Days Payable | 286 | 327 | 213 | 204 | 205 | 202 | 246 | |
| Cash Conversion Cycle | 18 | -57 | -14 | 31 | 2 | 10 | -42 | |
| Working Capital Days | 0 | -10 | 19 | 21 | 29 | -31 | -46 | |
| ROCE % | 19% | 26% | 13% | 18% | 19% | 29% |
Insights
In beta| Dec 2020 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
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Extracted by Screener AI
Documents
Announcements
- Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 2 Jun
- Announcement under Regulation 30 (LODR)-Earnings Call Transcript 1 Jun
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Audio Recording Of The Conference Call With Analysts/ Investors Held On May 26, 2026
26 May - Audio recording of May 26, 2026 analyst/investor conference call uploaded on company website.
- Announcement under Regulation 30 (LODR)-Newspaper Publication 26 May
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Announcement under Regulation 30 (LODR)-Investor Presentation
26 May - Pursuant to Regulation 30 of the SEBI (LODR) Regulations, 2015 and further to our communication dated May 15, 2026, the presentation material being referred to …
Annual reports
Concalls
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Jun 2026Transcript PPT REC
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Feb 2026Transcript PPT
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Nov 2025Transcript PPT REC
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Feb 2025Transcript PPT REC
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Jan 2025TranscriptAI SummaryPPT
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Nov 2024Transcript PPT
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Oct 2024TranscriptAI SummaryPPT
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May 2024Transcript PPT
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Jun 2022Transcript PPT
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Mar 2022TranscriptAI SummaryPPT
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Feb 2022Transcript PPT
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Oct 2021Transcript PPT
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Jul 2021TranscriptPPT
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Jul 2021Transcript PPT
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May 2021TranscriptPPT
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May 2021Transcript PPT
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May 2021TranscriptAI SummaryPPT
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Mar 2021Transcript PPT
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Feb 2021TranscriptAI SummaryPPT
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Nov 2020Transcript PPT
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Sep 2020TranscriptPPT
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Sep 2020Transcript PPT
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May 2020Transcript PPT
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Apr 2020Transcript PPT
Part of Hitachi Group, Japan
On Dec 22, Hitachi Ltd acquired full ownership of the company by purchasing a 19.9% stake. Hitachi, a global leader in electronics, industrial machinery, and infrastructure since 1910, has 573 subsidiaries and around 270,000 employees. The company now uses the Hitachi brand for external communication and benefits from Hitachi's extensive resources and expertise. [1] [2] [3]