Share Price and Basic Stock Data
Last Updated: November 26, 2025, 7:53 pm
| PEG Ratio | 5.00 |
|---|
Analyst Insight & Comprehensive Analysis
AI Stock Ranker – Real-Time Fundamental Strength Score
Business Overview and Revenue Trends
Hitachi Energy India Ltd operates in the electric equipment sector, specifically focusing on switchgear and circuit breakers. The company’s share price stood at ₹22,397 with a market capitalization of ₹99,720 Cr. Over the past several quarters, Hitachi Energy has shown a fluctuating revenue trend. Sales for the quarter ending June 2022 were ₹986 Cr, which rose to ₹1,334 Cr by March 2023. This upward trajectory continued into subsequent quarters, with sales reaching ₹1,695 Cr by March 2024, and ₹1,884 Cr projected for March 2025. However, there were some declines, such as in June 2023, where sales fell to ₹1,040 Cr before rebounding again. The trailing twelve months (TTM) sales have reached ₹6,815 Cr, indicating a robust growth potential in the electric equipment market.
Profitability and Efficiency Metrics
The profitability of Hitachi Energy is highlighted by its operating profit margin (OPM), which stood at 10% as of the latest reporting period. The company reported a net profit of ₹717 Cr, demonstrating a significant increase from ₹94 Cr in the previous year. The operating profit has also shown a positive trend, rising to ₹605 Cr for the year ending March 2025, compared to ₹250 Cr in March 2023. Efficiency metrics reveal that the return on equity (ROE) is at 13.8% and return on capital employed (ROCE) is at 19.4%, indicating effective use of shareholder funds and overall operational efficiency. The cash conversion cycle (CCC) has improved to 10 days, suggesting a more efficient management of working capital. However, the operating profit margin fluctuated, reflecting variability in operational efficiency.
Balance Sheet Strength and Financial Ratios
Hitachi Energy India Ltd maintains a strong balance sheet, as evidenced by its reported reserves and absence of borrowings, which is a positive indicator of financial health. The company reported an interest coverage ratio (ICR) that remains undefined, implying no debt obligations. Financial ratios such as the price-to-earnings (P/E) ratio stood at 139, reflecting a high valuation in relation to earnings, which can indicate growth expectations among investors. The company’s net profit has shown a steady increase, with earnings per share (EPS) reported at ₹162.50 for the TTM period, further solidifying investor confidence. The operational efficiency has improved, as indicated by a decrease in debtor days, which stood at 121 days for March 2025, down from 125 days in the previous year, enhancing liquidity.
Shareholding Pattern and Investor Confidence
The shareholding pattern of Hitachi Energy India Ltd reflects a stable investor base, with promoters holding 71.31% of the equity as of March 2025. Foreign institutional investors (FIIs) have increased their stake to 9.67%, up from 4.90% in December 2022, indicating growing confidence in the company’s prospects. Domestic institutional investors (DIIs) hold 7.92%, showing a modest but stable interest from local investment institutions. The total number of shareholders has grown to 99,147, demonstrating increased retail investor participation. This rising investor confidence is crucial for the company as it navigates potential market fluctuations. The public holding stands at 11.09%, which is relatively low, suggesting that a significant portion of the equity is held by institutional and promoter entities, potentially stabilizing stock volatility.
Outlook, Risks, and Final Insight
Looking ahead, Hitachi Energy India Ltd appears well-positioned for growth, buoyed by increasing demand within the electric equipment sector. However, risks include the potential for fluctuating material costs and operational challenges that could impact profit margins. Additionally, the high P/E ratio indicates that the stock may be overvalued if growth does not materialize as expected. The company’s reliance on domestic demand makes it susceptible to economic fluctuations. In a favorable scenario, if the company continues to innovate and expand its market presence, it could further enhance its profitability. Conversely, adverse economic conditions or increased competition could hinder growth. Overall, while Hitachi Energy demonstrates strong fundamentals and growth potential, investors should remain cognizant of the inherent risks 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 | 98,936 Cr. | 22,204 | 22,450/8,738 | 138 | 1,028 | 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 | 98,936.00 Cr | 11,107.05 | 138.00 | 525.10 | 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: November 15, 2025, 3:08 am
| 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 | 6,815 |
| Expenses | 2,899 | 3,152 | 3,526 | 4,560 | 4,218 | 4,878 | 5,780 | 5,957 |
| Operating Profit | 337 | 269 | 244 | 323 | 250 | 359 | 605 | 859 |
| OPM % | 10% | 8% | 6% | 7% | 6% | 7% | 9% | 13% |
| Other Income | -41 | -18 | 74 | 101 | 15 | 9 | 57 | 224 |
| Interest | 28 | 38 | 32 | 53 | 54 | 57 | 54 | 25 |
| Depreciation | 48 | 77 | 81 | 95 | 80 | 90 | 91 | 97 |
| Profit before tax | 221 | 136 | 206 | 277 | 131 | 222 | 516 | 961 |
| Tax % | 25% | 27% | 26% | 26% | 28% | 26% | 26% | |
| Net Profit | 165 | 100 | 152 | 203 | 94 | 164 | 384 | 717 |
| EPS in Rs | 39.02 | 23.55 | 35.80 | 47.99 | 22.16 | 38.64 | 86.15 | 162.50 |
| 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.
No data available for the Balance Sheet data table.
Cash Flow
| Month | Dec 2019 | Dec 2020 | Dec 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|
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 |

