Share Price and Basic Stock Data
Last Updated: March 16, 2026, 5:14 am
| PEG Ratio | 3.87 |
|---|
Analyst Insight & Comprehensive Analysis
AI Stock Ranker – Real-Time Fundamental Strength Score
Business Overview and Revenue Trends
Hitachi Energy India Ltd operates within the electric equipment sector, specifically focusing on switchgear and circuit breakers. The company’s market capitalization stood at ₹1,11,369 Cr, with its stock price at ₹24,986. Revenue trends reveal a fluctuating yet overall upward trajectory. For instance, sales reported for the quarter ending September 2022 were ₹1,115 Cr, which rose to ₹1,228 Cr by September 2023. Notably, the TTM sales reached ₹6,815 Cr, reflecting a substantial increase from ₹4,469 Cr recorded in March 2023. This consistent growth trajectory underscores Hitachi Energy’s effective market positioning and operational strategies, although quarterly fluctuations, such as a dip to ₹1,040 Cr in June 2023, indicate occasional volatility. The company’s ability to generate sales growth, despite seasonal variations, is essential for maintaining competitive advantage in this dynamic industry.
Source: Getaka Fundamental Analysis | Generated using proprietary financial data.
Competitors
| Stock Name ⇩ | Market Cap ⇩ | Current Price ⇩ | High / Low ⇩ | Stock P/E ⇩ | Book Value ⇩ | Dividend Yield ⇩ | ROCE ⇩ | ROE ⇩ | Face Value ⇩ |
|---|---|---|---|---|---|---|---|---|---|
| Hitachi Energy India Ltd | 1,07,722 Cr. | 24,165 | 26,325/10,400 | 122 | 1,028 | 0.02 % | 19.4 % | 13.8 % | 2.00 |
| Shri Ram Switchgears Ltd | Cr. | 6.30 | / | 22.2 | 0.00 % | 4.07 % | % | 10.0 | |
| Industry Average | 107,722.00 Cr | 12,085.65 | 122.00 | 525.10 | 0.01% | 11.74% | 13.80% | 6.00 |
Quarterly Result
| Metric | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1,034 | 1,334 | 1,040 | 1,228 | 1,274 | 1,695 | 1,327 | 1,554 | 1,620 | 1,884 | 1,479 | 1,833 | 2,082 |
| Expenses | 994 | 1,239 | 1,006 | 1,163 | 1,206 | 1,513 | 1,279 | 1,444 | 1,453 | 1,646 | 1,324 | 1,534 | 1,737 |
| Operating Profit | 39 | 95 | 34 | 65 | 68 | 182 | 48 | 110 | 167 | 238 | 155 | 299 | 345 |
| OPM % | 4% | 7% | 3% | 5% | 5% | 11% | 4% | 7% | 10% | 13% | 10% | 16% | 17% |
| Other Income | 7 | 2 | 3 | 0 | 2 | 4 | 0 | 0 | 52 | 38 | 51 | 83 | 32 |
| Interest | 13 | 11 | 11 | 11 | 14 | 11 | 11 | 16 | 12 | 6 | 4 | 3 | 3 |
| Depreciation | 20 | 21 | 22 | 22 | 23 | 23 | 22 | 23 | 23 | 23 | 25 | 26 | 27 |
| Profit before tax | 13 | 65 | 3 | 32 | 34 | 152 | 15 | 71 | 184 | 247 | 177 | 353 | 348 |
| Tax % | 66% | 22% | 29% | 24% | 32% | 25% | 31% | 26% | 25% | 25% | 26% | 25% | 25% |
| Net Profit | 5 | 51 | 2 | 25 | 23 | 114 | 10 | 52 | 137 | 184 | 132 | 264 | 261 |
| EPS in Rs | 1.08 | 11.99 | 0.57 | 5.84 | 5.42 | 26.82 | 2.46 | 12.34 | 32.41 | 41.26 | 29.52 | 59.31 | 58.65 |
Last Updated: March 3, 2026, 9:10 am
Below is a detailed analysis of the quarterly data for Hitachi Energy India Ltd based on the most recent figures (Dec 2025) and their trends compared to the previous period:
- For Sales, as of Dec 2025, the value is 2,082.00 Cr.. The value appears strong and on an upward trend. It has increased from 1,833.00 Cr. (Sep 2025) to 2,082.00 Cr., marking an increase of 249.00 Cr..
- For Expenses, as of Dec 2025, the value is 1,737.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 1,534.00 Cr. (Sep 2025) to 1,737.00 Cr., marking an increase of 203.00 Cr..
- For Operating Profit, as of Dec 2025, the value is 345.00 Cr.. The value appears strong and on an upward trend. It has increased from 299.00 Cr. (Sep 2025) to 345.00 Cr., marking an increase of 46.00 Cr..
- For OPM %, as of Dec 2025, the value is 17.00%. The value appears strong and on an upward trend. It has increased from 16.00% (Sep 2025) to 17.00%, marking an increase of 1.00%.
- For Other Income, as of Dec 2025, the value is 32.00 Cr.. The value appears to be declining and may need further review. It has decreased from 83.00 Cr. (Sep 2025) to 32.00 Cr., marking a decrease of 51.00 Cr..
- For Interest, as of Dec 2025, the value is 3.00 Cr.. The value remains steady. There is no change compared to the previous period (Sep 2025) which recorded 3.00 Cr..
- For Depreciation, as of Dec 2025, the value is 27.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 26.00 Cr. (Sep 2025) to 27.00 Cr., marking an increase of 1.00 Cr..
- For Profit before tax, as of Dec 2025, the value is 348.00 Cr.. The value appears to be declining and may need further review. It has decreased from 353.00 Cr. (Sep 2025) to 348.00 Cr., marking a decrease of 5.00 Cr..
- For Tax %, as of Dec 2025, the value is 25.00%. The value remains steady. There is no change compared to the previous period (Sep 2025) which recorded 25.00%.
- For Net Profit, as of Dec 2025, the value is 261.00 Cr.. The value appears to be declining and may need further review. It has decreased from 264.00 Cr. (Sep 2025) to 261.00 Cr., marking a decrease of 3.00 Cr..
- For EPS in Rs, as of Dec 2025, the value is 58.65. The value appears to be declining and may need further review. It has decreased from 59.31 (Sep 2025) to 58.65, marking a decrease of 0.66.
Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.
Profit & Loss - Annual Report
Last Updated: February 27, 2026, 7:16 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 | 7,277 |
| Expenses | 2,899 | 3,152 | 3,526 | 4,560 | 4,218 | 4,878 | 5,780 | 6,240 |
| Operating Profit | 337 | 269 | 244 | 323 | 250 | 359 | 605 | 1,037 |
| OPM % | 10% | 8% | 6% | 7% | 6% | 7% | 9% | 14% |
| Other Income | -41 | -18 | 74 | 101 | 15 | 9 | 57 | 203 |
| Interest | 28 | 38 | 32 | 53 | 54 | 57 | 54 | 15 |
| Depreciation | 48 | 77 | 81 | 95 | 80 | 90 | 91 | 101 |
| Profit before tax | 221 | 136 | 206 | 277 | 131 | 222 | 516 | 1,124 |
| Tax % | 25% | 27% | 26% | 26% | 28% | 26% | 26% | |
| Net Profit | 165 | 100 | 152 | 203 | 94 | 164 | 384 | 841 |
| EPS in Rs | 39.02 | 23.55 | 35.80 | 47.99 | 22.16 | 38.64 | 86.15 | 188.74 |
| 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: December 4, 2025, 3:03 am
| Month | Dec 2019 | Dec 2020 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 |
|---|---|---|---|---|---|---|---|
| Equity Capital | 8 | 8 | 8 | 8 | 8 | 9 | 9 |
| Reserves | 831 | 924 | 1,124 | 1,207 | 1,351 | 4,205 | 4,574 |
| Borrowings | 348 | 39 | 190 | 334 | 214 | 88 | 84 |
| Other Liabilities | 2,253 | 2,532 | 2,201 | 2,369 | 3,134 | 4,311 | 5,095 |
| Total Liabilities | 3,441 | 3,503 | 3,524 | 3,919 | 4,707 | 8,613 | 9,762 |
| Fixed Assets | 579 | 656 | 653 | 713 | 695 | 717 | 697 |
| CWIP | 57 | 32 | 118 | 49 | 63 | 90 | 117 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 2,804 | 2,815 | 2,753 | 3,157 | 3,950 | 7,807 | 8,949 |
| Total Assets | 3,441 | 3,503 | 3,524 | 3,919 | 4,707 | 8,613 | 9,762 |
Below is a detailed analysis of the balance sheet data for Hitachi Energy India Ltd based on the most recent figures (Sep 2025) and their trends compared to the previous period:
- For Equity Capital, as of Sep 2025, the value is 9.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 9.00 Cr..
- For Reserves, as of Sep 2025, the value is 4,574.00 Cr.. The value appears strong and on an upward trend. It has increased from 4,205.00 Cr. (Mar 2025) to 4,574.00 Cr., marking an increase of 369.00 Cr..
- For Borrowings, as of Sep 2025, the value is 84.00 Cr.. The value appears to be improving (decreasing). Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has decreased from 88.00 Cr. (Mar 2025) to 84.00 Cr., marking a decrease of 4.00 Cr..
- For Other Liabilities, as of Sep 2025, the value is 5,095.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 4,311.00 Cr. (Mar 2025) to 5,095.00 Cr., marking an increase of 784.00 Cr..
- For Total Liabilities, as of Sep 2025, the value is 9,762.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 8,613.00 Cr. (Mar 2025) to 9,762.00 Cr., marking an increase of 1,149.00 Cr..
- For Fixed Assets, as of Sep 2025, the value is 697.00 Cr.. The value appears to be declining and may need further review. It has decreased from 717.00 Cr. (Mar 2025) to 697.00 Cr., marking a decrease of 20.00 Cr..
- For CWIP, as of Sep 2025, the value is 117.00 Cr.. The value appears strong and on an upward trend. It has increased from 90.00 Cr. (Mar 2025) to 117.00 Cr., marking an increase of 27.00 Cr..
- For Investments, as of Sep 2025, the value is 0.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 0.00 Cr..
- For Other Assets, as of Sep 2025, the value is 8,949.00 Cr.. The value appears strong and on an upward trend. It has increased from 7,807.00 Cr. (Mar 2025) to 8,949.00 Cr., marking an increase of 1,142.00 Cr..
- For Total Assets, as of Sep 2025, the value is 9,762.00 Cr.. The value appears strong and on an upward trend. It has increased from 8,613.00 Cr. (Mar 2025) to 9,762.00 Cr., marking an increase of 1,149.00 Cr..
Notably, the Reserves (4,574.00 Cr.) exceed the Borrowings (84.00 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
| Month | Dec 2019 | Dec 2020 | Dec 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|
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 | 215,599 | 1.08 | 551.11 | 376,243 | 2025-11-03 16:50:38 | -42.7% |
| HSBC Midcap Fund | 188,451 | 3.87 | 481.72 | 173,018 | 2026-03-16 05:20:15 | 8.92% |
| Axis Midcap Fund | 172,116 | 1.38 | 439.96 | 176,226 | 2026-03-11 11:14:01 | -2.33% |
| Nippon India Small Cap Fund | 140,509 | 0.53 | 359.17 | 158,948 | 2025-11-03 16:50:38 | -11.6% |
| Invesco India Focused Fund | 110,009 | 5.72 | 281.21 | 108,972 | 2025-12-15 04:54:41 | 0.95% |
| Axis ELSS Tax Saver Fund | 58,038 | 0.45 | 148.36 | 63,361 | 2026-01-26 04:48:58 | -8.4% |
| ICICI Prudential MidCap Fund | 46,246 | 1.62 | 118.21 | N/A | N/A | N/A |
| DSP Mid Cap Fund | 45,579 | 0.59 | 116.51 | N/A | N/A | N/A |
| Baroda BNP Paribas Large Cap Fund | 42,930 | 4.16 | 109.74 | 43,200 | 2026-02-23 04:05:46 | -0.63% |
| HSBC Large & Mid Cap Fund | 41,428 | 2.25 | 105.9 | 26,401 | 2026-03-16 05:20:15 | 56.92% |
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
About the Company - Qualitative Analysis
| INDUSTRY | ADDRESS | CONTACT |
|---|---|---|
| Electric Equipment - Switchgear/Circuit Breaker | 8th Floor, Brigade Opus, Bengaluru Karnataka 560092 | Contact not found |
| 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 16 March 2026) is ₹18211.75 which is 24.64% lower the current market price of ₹24,165.00, indicating overvalued. Calculated using the PE ratio method, this valuation considers the company's ₹1,07,722 Cr. market cap, FY2025-2026 high/low of ₹26,325/10,400, reserves of ₹4,574 Cr, and liabilities of ₹9,762 Cr.
What is the Market Cap of Hitachi Energy India Ltd?
The Market Cap of Hitachi Energy India Ltd is 1,07,722 Cr..
What is the current Stock Price of Hitachi Energy India Ltd as on 16 March 2026?
The current stock price of Hitachi Energy India Ltd as on 16 March 2026 is ₹24,165.
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 ₹26,325/10,400.
What is the Stock P/E of Hitachi Energy India Ltd?
The Stock P/E of Hitachi Energy India Ltd is 122.
What is the Book Value of Hitachi Energy India Ltd?
The Book Value of Hitachi Energy India Ltd is 1,028.
What is the Dividend Yield of Hitachi Energy India Ltd?
The Dividend Yield of Hitachi Energy India Ltd is 0.02 %.
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.