Share Price and Basic Stock Data
Last Updated: October 10, 2025, 1:47 am
| PEG Ratio | 8.17 |
|---|
Analyst Insight & Comprehensive Analysis
Business Overview and Revenue Trends
Hitachi Energy India Ltd operates in the electric equipment sector, specifically focusing on switchgear and circuit breakers. The company reported a market capitalization of ₹79,321 Cr and a share price of ₹17,794. Revenue trends show a consistent growth trajectory, with sales for the trailing twelve months (TTM) reaching ₹6,537 Cr. This marks an increase from ₹4,884 Cr in March 2022 and ₹4,469 Cr in March 2023. Quarterly sales figures indicate fluctuations, with the highest revenue recorded in March 2025 at ₹1,884 Cr, showcasing a strong upward trend. The company’s operating profit margin (OPM) has improved significantly, rising to 10% in the latest quarter, indicating enhanced operational efficiency. However, expenses have also increased, with total expenses reported at ₹5,867 Cr for the TTM period. The cash conversion cycle (CCC) stood at 10 days, reflecting a quick turnaround in converting inventory into cash, which is a positive indicator for operational efficiency.
Profitability and Efficiency Metrics
Hitachi Energy India Ltd’s profitability metrics illustrate a robust performance, with a reported net profit of ₹384 Cr for the fiscal year ending March 2025, up from ₹94 Cr in March 2023. The company maintains a return on equity (ROE) of 13.8% and a return on capital employed (ROCE) of 19.4%, suggesting effective utilization of shareholder equity and capital. The earnings per share (EPS) also showed significant growth, reaching ₹86.15 for the fiscal year ending March 2025, compared to ₹22.16 in March 2023. Operating profit has seen a substantial rise, with a reported figure of ₹605 Cr for March 2025, translating to an operating profit margin of 9%. However, the interest coverage ratio (ICR) remains unreported, which raises concerns about the company’s ability to service its debt obligations. The reported expenses have increased, particularly in the last quarter, which could pressure future profitability if not managed effectively.
Balance Sheet Strength and Financial Ratios
The financial position of Hitachi Energy India Ltd reflects a strong balance sheet, with total assets amounting to ₹8,613 Cr as of March 2025. The company’s reserves have significantly increased to ₹4,205 Cr, providing a cushion for future investments and operational needs. Borrowings are relatively low at ₹88 Cr, indicating a strong liquidity position and minimal reliance on debt financing. The company’s debt-to-equity ratio is favorable, suggesting a conservative capital structure. However, the absence of reported figures for the price-to-book value (P/BV) raises questions about market valuation compared to net asset value. The cash conversion cycle remains efficient at 10 days, supporting liquidity and operational flexibility. Additionally, the company’s working capital management is sound, as reflected in its cash conversion cycle and inventory management practices, which are critical for sustaining operational efficiency.
Shareholding Pattern and Investor Confidence
Hitachi Energy India Ltd’s shareholding pattern indicates strong promoter confidence, with promoters holding 71.31% of the company as of March 2025. This stake has slightly declined from 75% previously, which may suggest a strategic shift or dilution for capital raising. Institutional investors also show substantial interest, with Foreign Institutional Investors (FIIs) holding 7.19% and Domestic Institutional Investors (DIIs) at 10.27%. The public shareholding stands at 11.20%, reflecting a diverse investor base. The number of shareholders has increased to 92,331, indicating growing interest in the stock, which may enhance liquidity and trading volume. This diverse ownership structure could foster stability in share price and investor sentiment. However, the slight reduction in promoter stake could raise questions regarding long-term commitment, which investors often monitor closely.
Outlook, Risks, and Final Insight
If margins sustain their upward trajectory, Hitachi Energy India Ltd could continue to benefit from increased sales, driven by growing demand for electric equipment, particularly in renewable energy sectors. However, potential risks include rising input costs and competition within the electric equipment market, which could pressure profit margins. Additionally, the company’s ability to manage its operational expenses effectively will be crucial in maintaining profitability. The absence of reported interest coverage ratios may signal potential liquidity risks, especially in a fluctuating market. If the company can leverage its strong balance sheet and enhance operational efficiency, it may successfully navigate these challenges while capitalizing on growth opportunities in the sector.
Source: Getaka Fundamental Analysis | Generated using proprietary financial data.
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 | 79,144 Cr. | 17,731 | 21,800/8,738 | 157 | 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 | 79,144.00 Cr | 8,870.55 | 157.00 | 483.60 | 0.02% | 11.74% | 13.80% | 6.00 |
Quarterly Result
| Metric | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 986 | 1,115 | 1,034 | 1,334 | 1,040 | 1,228 | 1,274 | 1,695 | 1,327 | 1,554 | 1,620 | 1,884 | 1,479 |
| Expenses | 960 | 1,039 | 994 | 1,239 | 1,006 | 1,163 | 1,206 | 1,513 | 1,279 | 1,444 | 1,453 | 1,646 | 1,324 |
| Operating Profit | 26 | 76 | 39 | 95 | 34 | 65 | 68 | 182 | 48 | 110 | 167 | 238 | 155 |
| OPM % | 3% | 7% | 4% | 7% | 3% | 5% | 5% | 11% | 4% | 7% | 10% | 13% | 10% |
| Other Income | 5 | 0 | 7 | 2 | 3 | 0 | 2 | 4 | 0 | 0 | 52 | 38 | 51 |
| Interest | 8 | 7 | 13 | 11 | 11 | 11 | 14 | 11 | 11 | 16 | 12 | 6 | 4 |
| Depreciation | 21 | 18 | 20 | 21 | 22 | 22 | 23 | 23 | 22 | 23 | 23 | 23 | 25 |
| Profit before tax | 2 | 50 | 13 | 65 | 3 | 32 | 34 | 152 | 15 | 71 | 184 | 247 | 177 |
| Tax % | 36% | 26% | 66% | 22% | 29% | 24% | 32% | 25% | 31% | 26% | 25% | 25% | 26% |
| Net Profit | 1 | 37 | 5 | 51 | 2 | 25 | 23 | 114 | 10 | 52 | 137 | 184 | 132 |
| EPS in Rs | 0.32 | 8.77 | 1.08 | 11.99 | 0.57 | 5.84 | 5.42 | 26.82 | 2.46 | 12.34 | 32.41 | 41.26 | 29.52 |
Last Updated: August 19, 2025, 1:45 pm
Below is a detailed analysis of the quarterly data for Hitachi Energy India Ltd based on the most recent figures (Jun 2025) and their trends compared to the previous period:
- For Sales, as of Jun 2025, the value is 1,479.00 Cr.. The value appears to be declining and may need further review. It has decreased from 1,884.00 Cr. (Mar 2025) to 1,479.00 Cr., marking a decrease of 405.00 Cr..
- For Expenses, as of Jun 2025, the value is 1,324.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 1,646.00 Cr. (Mar 2025) to 1,324.00 Cr., marking a decrease of 322.00 Cr..
- For Operating Profit, as of Jun 2025, the value is 155.00 Cr.. The value appears to be declining and may need further review. It has decreased from 238.00 Cr. (Mar 2025) to 155.00 Cr., marking a decrease of 83.00 Cr..
- For OPM %, as of Jun 2025, the value is 10.00%. The value appears to be declining and may need further review. It has decreased from 13.00% (Mar 2025) to 10.00%, marking a decrease of 3.00%.
- For Other Income, as of Jun 2025, the value is 51.00 Cr.. The value appears strong and on an upward trend. It has increased from 38.00 Cr. (Mar 2025) to 51.00 Cr., marking an increase of 13.00 Cr..
- For Interest, as of Jun 2025, the value is 4.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 6.00 Cr. (Mar 2025) to 4.00 Cr., marking a decrease of 2.00 Cr..
- For Depreciation, as of Jun 2025, the value is 25.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 23.00 Cr. (Mar 2025) to 25.00 Cr., marking an increase of 2.00 Cr..
- For Profit before tax, as of Jun 2025, the value is 177.00 Cr.. The value appears to be declining and may need further review. It has decreased from 247.00 Cr. (Mar 2025) to 177.00 Cr., marking a decrease of 70.00 Cr..
- For Tax %, as of Jun 2025, the value is 26.00%. The value appears to be increasing, which may not be favorable. It has increased from 25.00% (Mar 2025) to 26.00%, marking an increase of 1.00%.
- For Net Profit, as of Jun 2025, the value is 132.00 Cr.. The value appears to be declining and may need further review. It has decreased from 184.00 Cr. (Mar 2025) to 132.00 Cr., marking a decrease of 52.00 Cr..
- For EPS in Rs, as of Jun 2025, the value is 29.52. The value appears to be declining and may need further review. It has decreased from 41.26 (Mar 2025) to 29.52, marking a decrease of 11.74.
Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.
Profit & Loss - Annual Report
Last Updated: August 23, 2025, 12:56 pm
| Metric | Dec 2019 | Dec 2020 | Dec 2021 | Mar 2022n n 15m | Mar 2023 | Mar 2024 | Mar 2025 | TTM |
|---|---|---|---|---|---|---|---|---|
| Sales | 3,236 | 3,420 | 3,771 | 4,884 | 4,469 | 5,237 | 6,385 | 6,537 |
| Expenses | 2,899 | 3,152 | 3,526 | 4,560 | 4,218 | 4,878 | 5,780 | 5,867 |
| Operating Profit | 337 | 269 | 244 | 323 | 250 | 359 | 605 | 670 |
| OPM % | 10% | 8% | 6% | 7% | 6% | 7% | 9% | 10% |
| Other Income | -41 | -18 | 74 | 101 | 15 | 9 | 57 | 141 |
| Interest | 28 | 38 | 32 | 53 | 54 | 57 | 54 | 38 |
| Depreciation | 48 | 77 | 81 | 95 | 80 | 90 | 91 | 94 |
| Profit before tax | 221 | 136 | 206 | 277 | 131 | 222 | 516 | 678 |
| Tax % | 25% | 27% | 26% | 26% | 28% | 26% | 26% | |
| Net Profit | 165 | 100 | 152 | 203 | 94 | 164 | 384 | 505 |
| EPS in Rs | 39.02 | 23.55 | 35.80 | 47.99 | 22.16 | 38.64 | 86.15 | 115.53 |
| Dividend Payout % | 0% | 8% | 0% | 6% | 15% | 10% | 7% |
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.
No data available for the compounded sales growth chart.
Balance Sheet
Last Updated: July 25, 2025, 1:06 pm
| Month | Dec 2019 | Dec 2020 | Dec 2021 | 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.
Cash Flow - No data available for this post.
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 | 517.00 |
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.
Financial Efficiency Indicators
| Month | Dec 2019 | Dec 2020 | Dec 2021 | 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% |
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% |
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.
Strength and Weakness
Unable to fetch valid data for stock valuation.About the Company - Qualitative Analysis
| INDUSTRY | ADDRESS | CONTACT |
|---|---|---|
| Electric Equipment - Switchgear/Circuit Breaker | 8th Floor, Brigade Opus, Bengaluru Karnataka 560092 | investors@hitachienergy.com http://www.hitachienergy.com/in/en |
| Management | |
|---|---|
| Name | Position Held |
| Mr. Achim Michael Braun | Chairman |
| Mr. Nuguri Venu | Managing Director & CEO |
| Mr. Ismo Antero Haka | Director |
| Ms. Meena Ganesh | Independent Director |
| Ms. Akila Krishnakumar | Independent Director |
| Mr. Mukesh Hari Butani | Independent Director |
FAQ
What is the intrinsic value of Hitachi Energy India Ltd?
Hitachi Energy India Ltd's intrinsic value (as of 10 October 2025) is 16384.41 which is 7.59% lower the current market price of 17,731.00, indicating overvalued. Calculated using the PE ratio method, this valuation considers the company's ₹79,144 Cr. market cap, FY2025-2026 high/low of 21,800/8,738, 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 79,144 Cr..
What is the current Stock Price of Hitachi Energy India Ltd as on 10 October 2025?
The current stock price of Hitachi Energy India Ltd as on 10 October 2025 is 17,731.
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 21,800/8,738.
What is the Stock P/E of Hitachi Energy India Ltd?
The Stock P/E of Hitachi Energy India Ltd is 157.
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.