Hitachi Energy India Ltd: Intrinsic Value & Share Price Analysis

Share Price and Basic Stock Data

Last Updated: August 1, 2025, 5:54 pm

Market Cap	91,533 Cr.
Current Price	20,536
High / Low	21,385/8,738
Stock P/E	181
Book Value	945
Dividend Yield	0.03 %
ROCE	19.4 %
ROE	13.8 %
Face Value	2.00
PEG Ratio	9.43

Quick Insight

Hitachi Energy India Ltd's current share price of ₹20,536 reflects a steep P/E ratio of 181, indicating high investor expectations. With a ROE of 13.8% and ROCE of 19.4%, the company is generating decent returns on equity and capital employed. However, the OPM at 13% suggests room for improvement in operational efficiency. The company's strong promoter holding of 71.31% provides stability, while institutional ownership by FIIs and DIIs stands at 7.19% and 10.27%, respectively. Hitachi Energy's healthy reserves of ₹4,205 Cr offer a cushion against risks, although its borrowing of ₹88 Cr warrants monitoring. Overall, despite the high valuation, the company's financial metrics indicate a mix of strengths and areas for enhancement, suggesting a cautious approach for investors.

Stock P/E, Current Price, and Intrinsic Value Over Time

Stock P/E Current Price Intrinsic Value

View Share Price Target for Hitachi Energy India Ltd

Competitors of Hitachi Energy India Ltd

Stock Name ⇩	Market Cap ⇩	Current Price ⇩	High / Low ⇩	Stock P/E ⇩	Book Value ⇩	Dividend Yield ⇩	ROCE ⇩	ROE ⇩	Face Value ⇩
Hitachi Energy India Ltd	91,533 Cr.	20,536	21,385/8,738	181	945	0.03 %	19.4 %	13.8 %	2.00
Shri Ram Switchgears Ltd	Cr.	10.1	/		22.2	0.00 %	4.07 %	%	10.0
Industry Average	91,533.00 Cr	10,273.05		181.00	483.60	0.02%	11.74%	13.80%	6.00

All Competitor Stocks of Hitachi Energy India Ltd

Quarterly Result

Metric	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025
Sales	1,113	986	1,115	1,034	1,334	1,040	1,228	1,274	1,695	1,327	1,554	1,620	1,884
Expenses	1,047	960	1,039	994	1,239	1,006	1,163	1,206	1,513	1,279	1,444	1,453	1,646
Operating Profit	66	26	76	39	95	34	65	68	182	48	110	167	238
OPM %	6%	3%	7%	4%	7%	3%	5%	5%	11%	4%	7%	10%	13%
Other Income	29	5	0	7	2	3	0	2	4	0	0	52	38
Interest	10	8	7	13	11	11	11	14	11	11	16	12	6
Depreciation	15	21	18	20	21	22	22	23	23	22	23	23	23
Profit before tax	71	2	50	13	65	3	32	34	152	15	71	184	247
Tax %	27%	36%	26%	66%	22%	29%	24%	32%	25%	31%	26%	25%	25%
Net Profit	52	1	37	5	51	2	25	23	114	10	52	137	184
EPS in Rs	12.19	0.32	8.77	1.08	11.99	0.57	5.84	5.42	26.82	2.46	12.34	32.41	41.26

Last Updated: May 31, 2025, 5:41 am

Below is a detailed analysis of the quarterly data for Hitachi Energy India Ltd based on the most recent figures (Mar 2025) and their trends compared to the previous period:

For Sales, as of Mar 2025, the value is 1,884.00 Cr.. The value appears strong and on an upward trend. It has increased from 1,620.00 Cr. (Dec 2024) to 1,884.00 Cr., marking an increase of 264.00 Cr..
For Expenses, as of Mar 2025, the value is 1,646.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 1,453.00 Cr. (Dec 2024) to 1,646.00 Cr., marking an increase of 193.00 Cr..
For Operating Profit, as of Mar 2025, the value is 238.00 Cr.. The value appears strong and on an upward trend. It has increased from 167.00 Cr. (Dec 2024) to 238.00 Cr., marking an increase of 71.00 Cr..
For OPM %, as of Mar 2025, the value is 13.00%. The value appears strong and on an upward trend. It has increased from 10.00% (Dec 2024) to 13.00%, marking an increase of 3.00%.
For Other Income, as of Mar 2025, the value is 38.00 Cr.. The value appears to be declining and may need further review. It has decreased from 52.00 Cr. (Dec 2024) to 38.00 Cr., marking a decrease of 14.00 Cr..
For Interest, as of Mar 2025, the value is 6.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 12.00 Cr. (Dec 2024) to 6.00 Cr., marking a decrease of 6.00 Cr..
For Depreciation, as of Mar 2025, the value is 23.00 Cr.. The value remains steady. There is no change compared to the previous period (Dec 2024) which recorded 23.00 Cr..
For Profit before tax, as of Mar 2025, the value is 247.00 Cr.. The value appears strong and on an upward trend. It has increased from 184.00 Cr. (Dec 2024) to 247.00 Cr., marking an increase of 63.00 Cr..
For Tax %, as of Mar 2025, the value is 25.00%. The value remains steady. There is no change compared to the previous period (Dec 2024) which recorded 25.00%.
For Net Profit, as of Mar 2025, the value is 184.00 Cr.. The value appears strong and on an upward trend. It has increased from 137.00 Cr. (Dec 2024) to 184.00 Cr., marking an increase of 47.00 Cr..
For EPS in Rs, as of Mar 2025, the value is 41.26. The value appears strong and on an upward trend. It has increased from 32.41 (Dec 2024) to 41.26, marking an increase of 8.85.

Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: May 15, 2025, 3:11 am

Metric	Dec 2019	Dec 2020	Dec 2021	Mar 2022n n 15m	Mar 2023	Mar 2024	Mar 2025
Sales	3,236	3,420	3,771	4,884	4,469	5,237	6,385
Expenses	2,899	3,152	3,526	4,560	4,218	4,878	5,789
Operating Profit	337	269	244	323	250	359	596
OPM %	10%	8%	6%	7%	6%	7%	9%
Other Income	-41	-18	74	101	15	9	57
Interest	28	38	32	53	54	57	45
Depreciation	48	77	81	95	80	90	91
Profit before tax	221	136	206	277	131	222	516
Tax %	25%	27%	26%	26%	28%	26%	26%
Net Profit	165	100	152	203	94	164	384
EPS in Rs	39.02	23.55	35.80	47.99	22.16	38.64	86.15
Dividend Payout %	0%	8%	0%	6%	15%	10%	7%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2023-2024	2024-2025
YoY Net Profit Growth (%)	74.47%	134.15%
Change in YoY Net Profit Growth (%)	0.00%	59.68%

Hitachi Energy India Ltd has shown a consistent positive trend in YoY Net Profit Growth (%) in the last 2 years from 2023-2024 to 2024-2025.

Growth

Compounded Sales Growth
10 Years:	%
5 Years:	15%
3 Years:	9%
TTM:	18%

Compounded Profit Growth
10 Years:	%
5 Years:	15%
3 Years:	29%
TTM:	194%

Stock Price CAGR
10 Years:	%
5 Years:	90%
3 Years:	82%
1 Year:	84%

Return on Equity
10 Years:	%
5 Years:	13%
3 Years:	12%
Last Year:	14%

Last Updated: Unknown

Balance Sheet

Last Updated: July 25, 2025, 1:06 pm

Month	Dec 2019	Dec 2020	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Equity Capital	8	8	8	8	8	9
Reserves	831	924	1,124	1,207	1,351	4,205
Borrowings	348	39	190	334	214	88
Other Liabilities	2,253	2,532	2,201	2,369	3,134	4,311
Total Liabilities	3,441	3,503	3,524	3,919	4,707	8,613
Fixed Assets	579	656	653	713	695	717
CWIP	57	32	118	49	63	90
Investments	0	0	0	0	0	0
Other Assets	2,804	2,815	2,753	3,157	3,950	7,807
Total Assets	3,441	3,503	3,524	3,919	4,707	8,613

Below is a detailed analysis of the balance sheet data for Hitachi Energy India Ltd based on the most recent figures (Mar 2025) and their trends compared to the previous period:

For Equity Capital, as of Mar 2025, the value is 9.00 Cr.. The value appears strong and on an upward trend. It has increased from 8.00 Cr. (Mar 2024) to 9.00 Cr., marking an increase of 1.00 Cr..
For Reserves, as of Mar 2025, the value is 4,205.00 Cr.. The value appears strong and on an upward trend. It has increased from 1,351.00 Cr. (Mar 2024) to 4,205.00 Cr., marking an increase of 2,854.00 Cr..
For Borrowings, as of Mar 2025, the value is 88.00 Cr.. The value appears to be improving (decreasing). Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has decreased from 214.00 Cr. (Mar 2024) to 88.00 Cr., marking a decrease of 126.00 Cr..
For Other Liabilities, as of Mar 2025, the value is 4,311.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 3,134.00 Cr. (Mar 2024) to 4,311.00 Cr., marking an increase of 1,177.00 Cr..
For Total Liabilities, as of Mar 2025, the value is 8,613.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 4,707.00 Cr. (Mar 2024) to 8,613.00 Cr., marking an increase of 3,906.00 Cr..
For Fixed Assets, as of Mar 2025, the value is 717.00 Cr.. The value appears strong and on an upward trend. It has increased from 695.00 Cr. (Mar 2024) to 717.00 Cr., marking an increase of 22.00 Cr..
For CWIP, as of Mar 2025, the value is 90.00 Cr.. The value appears strong and on an upward trend. It has increased from 63.00 Cr. (Mar 2024) to 90.00 Cr., marking an increase of 27.00 Cr..
For Investments, as of Mar 2025, the value is 0.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 0.00 Cr..
For Other Assets, as of Mar 2025, the value is 7,807.00 Cr.. The value appears strong and on an upward trend. It has increased from 3,950.00 Cr. (Mar 2024) to 7,807.00 Cr., marking an increase of 3,857.00 Cr..
For Total Assets, as of Mar 2025, the value is 8,613.00 Cr.. The value appears strong and on an upward trend. It has increased from 4,707.00 Cr. (Mar 2024) to 8,613.00 Cr., marking an increase of 3,906.00 Cr..

Notably, the Reserves (4,205.00 Cr.) exceed the Borrowings (88.00 Cr.), indicating a solid financial buffer.

Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.

Reserves and Borrowings Chart

Cash Flow

Month	Dec 2019	Dec 2020	Dec 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Cash from Operating Activity +	-73	610	-127	-127	5	252	1,494
Cash from Investing Activity +	-73	-89	-167	-167	-12	-89	-110
Cash from Financing Activity +	333	-390	61	61	84	-199	2,295
Net Cash Flow	188	131	-233	-233	77	-35	3,679

Free Cash Flow

Month	Dec 2019	Dec 2020	Dec 2021	Mar 2022n n 15m	Mar 2023	Mar 2024	Mar 2025
Free Cash Flow	-11.00	230.00	244.00	323.00	-84.00	145.00	508.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

Month	Dec 2019	Dec 2020	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Debtor Days	201	168	106	125	106	121
Inventory Days	102	103	93	110	101	91
Days Payable	286	327	213	204	205	202
Cash Conversion Cycle	18	-57	-14	31	2	10
Working Capital Days	0	-10	19	21	29	-31
ROCE %		19%	26%	13%	18%	19%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025
Promoters	75.00%	75.00%	75.00%	75.00%	75.00%	75.00%	75.00%	75.00%	75.00%	75.00%	71.31%	71.31%
FIIs	4.95%	4.90%	4.81%	4.52%	4.32%	4.06%	3.48%	5.02%	5.10%	4.52%	4.96%	7.19%
DIIs	7.12%	7.55%	7.88%	8.08%	8.02%	8.49%	9.70%	8.53%	8.98%	9.20%	12.34%	10.27%
Public	12.91%	12.55%	12.31%	12.38%	12.63%	12.44%	11.81%	11.44%	10.90%	11.26%	11.39%	11.20%
No. of Shareholders	69,244	69,764	64,144	62,844	61,793	61,563	62,489	72,536	73,288	82,384	90,724	92,331

Shareholding Pattern Chart

No. of Shareholders

Mutual Fund Holdings

Fund Name	No of Shares	AUM (%)	Amount Invested (Cr)	Previous Number of Shares	Previous Date	Percentage Change
Nippon India Multi Cap Fund	376,243	1.36	546.64	283,489	2025-05-14 00:05:10	32.72%
Motilal Oswal Midcap Fund	350,000	1.83	508.52	N/A	N/A	N/A
SBI Energy Opportunities Fund	280,199	3.95	407.1	N/A	N/A	N/A
HSBC Midcap Fund	227,000	3.08	329.81	194,041	2025-05-13 11:08:01	16.99%
Axis Midcap Fund	201,753	1.02	293.13	N/A	N/A	N/A
Nippon India Small Cap Fund	158,948	0.4	230.94	178,050	2025-05-14 05:19:17	-10.73%
Invesco India Focused Fund	146,529	5.76	212.89	N/A	N/A	N/A
Canara Robeco Small Cap Fund	113,196	1.43	164.46	67,522	2025-05-09 09:32:34	67.64%
360 ONE Focused Equity Fund	89,220	1.86	129.63	78,845	2025-06-22 00:45:52	13.16%
Invesco India Smallcap Fund	76,511	1.79	111.16	75,688	2025-06-22 00:45:52	1.09%

ROCE / ROE Trend

EPS Trend

No data available for the key financial ratios table.

No data available for the profitability ratios chart.

No data available for the liquidity ratios chart.

No data available for the liquidity ratios percentage chart.

No data available for the coverage ratios chart.

No data available for the valuation ratios chart.

Fair Value

Fair Value of Hitachi Energy India Ltd as of August 5, 2025 is: 18,889.03

Calculation basis:

Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of August 5, 2025, Hitachi Energy India Ltd is Overvalued by 8.02% compared to the current share price 20,536.00

Intrinsic Value of Hitachi Energy India Ltd as of August 5, 2025 is: 22,515.63

Calculation basis:

Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of August 5, 2025, Hitachi Energy India Ltd is Undervalued by 9.64% compared to the current share price 20,536.00

Last 5 Year EPS CAGR: 19.20%

*Investments are subject to market risks

Strength and Weakness

Unable to fetch valid data for stock valuation.

Financial or basic stock data is empty.

About the Company - Qualitative Analysis

No data availabale for About the Company

INDUSTRY	ADDRESS	CONTACT
Industry not found	Address not found	Contact not found

Management Data not Available

FAQ

What is the intrinsic value of Hitachi Energy India Ltd?

Hitachi Energy India Ltd's intrinsic value (as of 05 August 2025) is ₹18889.03 which is 8.02% lower the current market price of ₹20,536.00, indicating overvalued. Calculated using the PE ratio method, this valuation considers the company's 91,533 Cr. market cap, FY2025-2026 high/low of 21,385/8,738, reserves of 4,205 Cr, and liabilities of 8,613 Cr.

What is the Market Cap of Hitachi Energy India Ltd?

The Market Cap of Hitachi Energy India Ltd is 91,533 Cr..

What is the current Stock Price of Hitachi Energy India Ltd as on 05 August 2025?

The current stock price of Hitachi Energy India Ltd as on 05 August 2025 is 20,536.

What is the High / Low of Hitachi Energy India Ltd stocks in FY 2025-2026?

In FY 2025-2026, the High / Low of Hitachi Energy India Ltd stocks is ₹21,385/8,738.

What is the Stock P/E of Hitachi Energy India Ltd?

The Stock P/E of Hitachi Energy India Ltd is 181.

What is the Book Value of Hitachi Energy India Ltd?

The Book Value of Hitachi Energy India Ltd is 945.

What is the Dividend Yield of Hitachi Energy India Ltd?

The Dividend Yield of Hitachi Energy India Ltd is 0.03 %.

What is the ROCE of Hitachi Energy India Ltd?

The ROCE of Hitachi Energy India Ltd is 19.4 %.

What is the ROE of Hitachi Energy India Ltd?

The ROE of Hitachi Energy India Ltd is 13.8 %.

What is the Face Value of Hitachi Energy India Ltd?

The Face Value of Hitachi Energy India Ltd is 2.00.