Hitachi Energy India
- Market cap
- ₹ 1,17,002 Cr.
- P/E
- 98.4x
- P/B
- 23.28x
- 52-week range
- 16,111 – 38,785
- ROE
- 22%
- ROCE
- 29%
- Dividend yield
- 0%
- Debt / equity
- 0.02
- Sector
- Electrical Equipment
- Industry
- Heavy Electrical Equipment
- Listed on
- NSE, BSE
About
Hitachi Energy India Limited is an India-based global technology company that operates within the energy sector. The Company is engaged in the business relating to products, projects and services for electricity transmission and related activities. The Company provides products and solutions, including asset & work management, cable accessories, capacitors and filters, communication networks, cooling systems, disconnectors, energy storage, generator circuit-breakers (GCB), semiconductors, substation automation, protection & control, substations & electrification, surge arresters, transformer, insulation and components, and others. It also provides service and consulting, such as install & commission, assess & secure, train & develop, parts & maintain, upgrade, repair & extend, sustain & decarbonize and replace & decommission. Its consulting services provide a comprehensive combination of business, functional, and technical expertise.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Heavy Electrical Equipment: 51 companies →Hitachi Energy India against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)98.4 against a typical 30.4: pricier than most peers (1st = cheapest).47th of 50
- Sales growth+68.6% against a typical +23.8% from a year earlier.6th of 41
- Profit growth+122.7% against a typical +24.6% from a year earlier.7th of 40
- Share price, 3 months−10.4% against a typical −8.5%.25th of 45
- Size₹ 1,17,002.5 Cr. market value against a typical ₹ 5,357.9 Cr. (1st = largest).4th of 47
Credit ratings
Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates
Highest safety
Rated AAA by CRISIL- No warnings from the agency.
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| CRISIL | Crisil AAA | Stable | 19 Jun 2026 |
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 19 Jun 2026 | Rating action | Crisil AAA | — | CRISIL | ₹ 6,000 Cr. |
Research by Minerva Capital Research Solutions
Our research team's work on Hitachi Energy IndiaAlso covered in
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 7 Aug 2026 | Financial Results | To consider and approve the financial results for the period ended Jun 30, 2026 |
| 25 May 2026 | Financial Results/Dividend | To consider and approve the financial results for the period ended March 31, 2026 and dividend |
| 5 Feb 2026 | Financial Results | To consider and approve the financial results for the period ended December 31, 2025 |
| 3 Nov 2025 | Financial Results | To consider and approve the financial results for the period ended September 30, 2025 |
| 30 Jul 2025 | Financial Results | To consider and approve the financial results for the period ended Jun 30, 2025 |
| 14 May 2025 | Financial Results/Dividend | To consider and approve the audited financial results of the Company for the fourth quarter and audited accounts for the financial year ended March 31, 2025 (April 01, 2024 to March 31, 2025) and recommendation of Dividend, if any, for the financial year ended March 31, 2025. |
Financials
Standalone figures in ₹ crore.
| ₹ Cr. | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1,228 | 1,274 | 1,695 | 1,327 | 1,554 | 1,620 | 1,884 | 1,479 | 1,833 | 2,082 | 2,754 | 2,494 |
| Expenses | 1,163 | 1,206 | 1,513 | 1,279 | 1,444 | 1,453 | 1,646 | 1,324 | 1,534 | 1,737 | 2,338 | 2,130 |
| Operating Profit | 65 | 68 | 182 | 48 | 110 | 167 | 238 | 155 | 299 | 345 | 416 | 364 |
| OPM % | 5% | 5% | 11% | 3.6% | 7% | 10% | 13% | 10% | 16% | 17% | 15% | 15% |
| Other Income | 0 | 2 | 4 | 0 | 0 | 52 | 38 | 51 | 83 | 32 | 57 | 58 |
| Interest | 11 | 14 | 11 | 11 | 16 | 12 | 6 | 4 | 3 | 3 | 3 | 3 |
| Depreciation | 22 | 23 | 23 | 22 | 23 | 23 | 23 | 25 | 26 | 27 | 27 | 28 |
| Profit before tax | 32 | 34 | 152 | 15 | 71 | 184 | 247 | 177 | 353 | 348 | 443 | 390 |
| Tax % | 24% | 32% | 25% | 31% | 26% | 25% | 25% | 26% | 25% | 25% | 25% | 24% |
| Net Profit | 25 | 23 | 114 | 10 | 52 | 137 | 184 | 132 | 264 | 261 | 330 | 294 |
| EPS in Rs | 5.84 | 5.42 | 26.82 | 2.46 | 12.34 | 32.41 | 41.26 | 29.52 | 59.31 | 58.65 | 74.14 | 65.99 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- —
- 5 Years
- 19%
- 3 Years
- 22%
- TTM
- 40%
- 10 Years
- —
- 5 Years
- 54%
- 3 Years
- 122%
- TTM
- 136%
- 10 Years
- —
- 5 Years
- 79%
- 3 Years
- 96%
- TTM
- —
- 10 Years
- —
- 5 Years
- 17%
- 3 Years
- 18%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| Hitachi Energy India | ₹ 28,435.00 | ₹ 1,17,002 Cr. | 98.4x | 23.3x | 22% | — |
| ABB India | ₹ 6,140.00 | ₹ 1,29,936 Cr. | 95.2x | 20.3x | — | 11.6% |
| CG Power and Industrial Solutions | ₹ 814.95 | ₹ 1,24,592 Cr. | 114.8x | 17.9x | 20.4% | 9.6% |
| Polycab India | ₹ 7,415.00 | ₹ 1,11,738 Cr. | 50x | 11.1x | 25.4% | 9.3% |
| Siemens | ₹ 3,250.00 | ₹ 1,15,739 Cr. | — | 9.4x | 11.7% | 8.5% |
| Apar Industries | ₹ 14,348.00 | ₹ 60,078 Cr. | 55.6x | 10.3x | 19.7% | 4.3% |
Management
- Nuguri Venu
- Chief Executive Officer, Managing Director, Executive Director
- Ajay Singh
- Chief Financial Officer
- Akilur Rahman
- Chief Technology Officer
- Poovanna C. Ammatanda
- Compliance Officer, General Counsel, Company Secretary
- Neha Ahluwalia
- Head of Human Resources
- Manashwi Banerjee
- Head of Communications
- Ramkumar D.
- Head of Grid Power Quality Solution
- Rakesh Dwivedi
- Head of High Voltage Products
Prices are delayed and for information only. Nothing on this page is investment advice.