Share Price and Basic Stock Data
Last Updated: December 26, 2025, 11:41 pm
| PEG Ratio | 4.13 |
|---|
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 latest share price stood at ₹18,420, with a market capitalization of ₹82,102 Cr. Over the past financial year, Hitachi Energy reported a total sales figure of ₹6,815 Cr, showcasing a consistent growth trajectory from ₹4,469 Cr in the previous year. Quarterly sales figures illustrate this trend, with the latest quarter ending June 2025 recording sales of ₹1,479 Cr, up from ₹1,334 Cr in March 2023. This upward momentum is notable as the company achieved a record sales figure of ₹1,884 Cr in March 2025. The company’s revenue growth reflects its strategic positioning in a growing electric equipment market, driven by increasing investments in infrastructure and renewable energy projects across India. However, the fluctuating quarterly sales, such as a decline to ₹1,040 Cr in June 2023, indicate potential volatility that could affect future revenue stability.
Profitability and Efficiency Metrics
Hitachi Energy India Ltd reported a net profit of ₹717 Cr for the trailing twelve months, which indicates a strong ability to generate earnings relative to its sales. The company’s operating profit margin (OPM) stood at 10% in the latest reporting period, reflecting a gradual improvement from 3% in June 2022. The operating profit has seen significant growth, with a recorded ₹859 Cr for the TTM. Additionally, the return on equity (ROE) was reported at 13.8%, while the return on capital employed (ROCE) stood at 19.4%, suggesting efficient utilization of capital. However, the price-to-earnings (P/E) ratio of 114 indicates that the stock may be trading at a premium compared to sector norms, suggesting potential overvaluation concerns. Furthermore, the cash conversion cycle (CCC) of 10 days indicates effective management of working capital, although it has seen fluctuations that warrant monitoring.
Balance Sheet Strength and Financial Ratios
As of the latest reporting period, Hitachi Energy India Ltd maintained a robust balance sheet, characterized by total assets of ₹9,762 Cr and total liabilities of ₹9,762 Cr, indicating a balanced financial structure. With borrowings at a mere ₹84 Cr and reserves significantly higher at ₹4,574 Cr, the company demonstrates a strong equity position. The interest coverage ratio (ICR) remains unspecified, yet the minimal borrowings suggest that interest obligations are manageable. The company’s equity capital has remained stable, with a slight increase to ₹9 Cr in March 2025. The efficiency ratios indicate a cash conversion cycle of 10 days, which is favorable compared to typical sector benchmarks. However, the absence of a price-to-book value ratio (P/BV) limits comprehensive valuation assessments. Overall, the financial health appears solid, supporting operational and strategic initiatives.
Shareholding Pattern and Investor Confidence
The shareholding structure of Hitachi Energy India Ltd reflects a diverse base of investors, with promoters holding 71.31% of the shares, down from 75% in previous periods, indicating a slight dilution of control. Foreign institutional investors (FIIs) have increased their stake to 9.67%, a notable rise from 4.90% in December 2022, which signals growing confidence from international investors. Domestic institutional investors (DIIs) hold 7.92%, while the public holds the remaining 11.09%. The total number of shareholders has increased significantly, reaching 99,147 as of September 2025, suggesting a growing interest in the company. This diversified ownership structure coupled with increasing institutional interest may enhance stability and support for the stock. However, the decline in promoter shareholding could raise questions regarding long-term strategic alignment and investor sentiment.
Outlook, Risks, and Final Insight
Looking ahead, Hitachi Energy India Ltd is well-positioned to capitalize on the growing demand for electric equipment, particularly with the push towards renewable energy and infrastructure development in India. The company’s solid financial performance, marked by a net profit of ₹717 Cr and a strong operational efficiency reflected in its CCC of 10 days, positions it favorably amidst industry growth. However, risks such as fluctuating quarterly sales and a high P/E ratio may pose challenges, potentially impacting investor sentiment. Additionally, the decline in promoter shareholding could lead to concerns about governance and long-term strategy. In a favorable scenario, if the company continues to leverage its strengths and adapt to market dynamics, it could see sustained growth. Conversely, adverse market conditions or operational inefficiencies could hinder its performance, necessitating close monitoring of its quarterly results and operational metrics.
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 | 81,667 Cr. | 18,350 | 22,840/8,738 | 114 | 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 | 81,667.00 Cr | 9,180.05 | 114.00 | 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: December 15, 2025, 3:33 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.
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 |
|---|---|---|---|---|---|---|
| Axis Midcap Fund | 239,343 | 1.64 | 527.89 | 194,317 | 2025-12-15 04:54:41 | 23.17% |
| Nippon India Multi Cap Fund | 215,599 | 0.95 | 475.53 | 376,243 | 2025-11-03 16:50:38 | -42.7% |
| Nippon India Small Cap Fund | 140,509 | 0.45 | 309.91 | 158,948 | 2025-11-03 16:50:38 | -11.6% |
| HSBC Midcap Fund | 115,300 | 2.03 | 254.31 | 227,000 | 2025-11-03 16:50:38 | -49.21% |
| Invesco India Focused Fund | 110,009 | 5.05 | 242.64 | 108,972 | 2025-12-15 04:54:41 | 0.95% |
| Axis ELSS Tax Saver Fund | 63,361 | 0.4 | 139.75 | 45,810 | 2025-12-15 04:54:41 | 38.31% |
| ICICI Prudential MidCap Fund | 46,246 | 1.45 | 102 | N/A | N/A | N/A |
| Baroda BNP Paribas Large Cap Fund | 44,100 | 3.5 | 97.27 | 45,000 | 2025-12-15 04:54:41 | -2% |
| 360 One Focused Fund | 39,575 | 1.19 | 87.29 | N/A | N/A | N/A |
| Axis Large & Mid Cap Fund | 38,352 | 0.54 | 84.59 | N/A | N/A | N/A |
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 26 December 2025) is 12941.88 which is 29.47% lower the current market price of 18,350.00, indicating overvalued. Calculated using the PE ratio method, this valuation considers the company's 81,667 Cr. market cap, FY2025-2026 high/low of 22,840/8,738, 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 81,667 Cr..
What is the current Stock Price of Hitachi Energy India Ltd as on 26 December 2025?
The current stock price of Hitachi Energy India Ltd as on 26 December 2025 is 18,350.
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 22,840/8,738.
What is the Stock P/E of Hitachi Energy India Ltd?
The Stock P/E of Hitachi Energy India Ltd is 114.
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 0.03 %.
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.