Share Price and Basic Stock Data
Last Updated: December 20, 2025, 4:16 am
| PEG Ratio | 4.16 |
|---|
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, focusing specifically on switchgear and circuit breakers. As of the latest reports, the company’s stock price stood at ₹19,074, with a market capitalization of ₹84,996 Cr. The revenue trajectory has shown a notable upward trend, with sales increasing from ₹4,469 Cr in FY 2023 to ₹6,385 Cr in FY 2025, reflecting a robust growth strategy. The most recent quarterly figures for June 2025 reported sales of ₹1,479 Cr, up from ₹1,334 Cr in March 2023, indicating a consistent demand for its products. This growth is not isolated; the company has witnessed quarterly sales fluctuations, with a peak of ₹1,884 Cr anticipated in March 2025. Such numbers suggest that Hitachi Energy is capitalizing on the growing need for energy-efficient solutions in India, a market that is rapidly expanding as the nation aims for sustainability and modernization in its infrastructure.
Profitability and Efficiency Metrics
Profitability metrics for Hitachi Energy India Ltd paint a mixed picture, yet the overall trend seems promising. The operating profit margin (OPM) has fluctuated, standing at 10% currently, with peaks of 13% projected for March 2025. Net profit for the latest fiscal year was ₹505 Cr, with earnings per share (EPS) recorded at ₹115.53. However, the price-to-earnings (P/E) ratio is relatively high at 119, indicating that investors may be pricing in significant growth expectations. Efficiency ratios, particularly return on equity (ROE) at 13.8% and return on capital employed (ROCE) at 19.4%, suggest that the company is managing its capital well, generating decent returns for shareholders. Nevertheless, operational challenges persist, as indicated by the cash conversion cycle of 10 days, which remains a crucial aspect for maintaining liquidity and operational efficiency.
Balance Sheet Strength and Financial Ratios
Analyzing the balance sheet of Hitachi Energy reveals a solid foundation, though not without its caveats. The company reported reserves of ₹4,574 Cr and minimal borrowings of ₹84 Cr, which underscores a strong liquidity position. This low level of debt is a significant advantage, making the company less vulnerable to interest rate fluctuations. However, the total liabilities have surged to ₹9,762 Cr, raising concerns about the financial leverage being employed. The working capital days have shown some volatility, with the latest reported figure at -31 days, indicating that the company is effectively managing its receivables and payables. Yet, this could also point to aggressive credit terms or inventory management practices. Investors should note that while the balance sheet appears strong, the rapid growth in total liabilities warrants cautious scrutiny.
Shareholding Pattern and Investor Confidence
Understanding the shareholding pattern is crucial for gauging investor confidence in Hitachi Energy. Promoters hold a substantial 71.31% stake, which reflects a strong commitment to the company’s long-term vision. On the other hand, foreign institutional investors (FIIs) have increased their stakes to 9.67%, while domestic institutional investors (DIIs) stand at 7.92%. This growing interest from FIIs is a positive indicator, suggesting that external investors are betting on the company’s future potential. However, the public shareholding has slightly declined to 11.09%, which may indicate some level of uncertainty among retail investors. With over 99,000 shareholders, this broad base provides a level of stability, yet the concentration of promoter holding could also raise questions about the level of influence they exert over corporate decisions.
Outlook, Risks, and Final Insight
Looking ahead, Hitachi Energy India Ltd is well-positioned to benefit from the energy transition and growing infrastructure demands in India. However, potential risks cannot be overlooked. The high P/E ratio suggests that the stock might be overvalued if growth does not materialize as expected. Additionally, fluctuations in raw material prices and regulatory changes could impact profitability. Investors might also consider the company’s operational efficiency, as the cash conversion cycle and working capital management will be critical in sustaining growth. Overall, while the fundamentals appear solid with a promising revenue trajectory and manageable debt levels, investors should weigh these strengths against the inherent risks in the electric equipment sector. A balanced approach, focusing on both growth opportunities and potential pitfalls, could guide investment decisions wisely.
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 | 82,704 Cr. | 18,555 | 22,840/8,738 | 115 | 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 | 82,704.00 Cr | 9,282.55 | 115.00 | 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 | 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 20 December 2025) is 13055.40 which is 29.64% lower the current market price of 18,555.00, indicating overvalued. Calculated using the PE ratio method, this valuation considers the company's 82,704 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 82,704 Cr..
What is the current Stock Price of Hitachi Energy India Ltd as on 20 December 2025?
The current stock price of Hitachi Energy India Ltd as on 20 December 2025 is 18,555.
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 115.
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.