POWERINDIANSEHitachi Energy India LimitedMediumNeutral
Announced Wed, 21 May · 20:01 IST

Hitachi Energy India Limited has informed the Exchange about Transcript

Mgmt Guided Margin ImprovementOrder Pipeline DisclosedMgmt Evaded Key QuestionInvestor Communications View source PDF

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Hitachi Energy India reported strong Q4 FY25 results, with orders growing 56% year-on-year to Rs. 2,190.9 crores and revenue up 13% to Rs. 1,921.9 crores; profit after tax rose 61.8% to Rs. 183.9 crores. For the full year FY25, orders hit a record Rs. 18,173.8 crores (up 228%), revenue grew 23% to Rs. 6,475.4 crores, and operational EBITDA margin improved 250 basis points to a double-digit 12.3%. The order backlog stood at a record Rs. 19,245.9 crores, providing strong multi-quarter revenue visibility. The company recently raised Rs. 2,520.82 crores via QIP, is now debt-free, and plans to invest around Rs. 2,000 crores in capex over the next 4-5 years across transformers, high voltage, grid automation and HVDC. Management also launched a new services business unit from April 1, 2025, targeting Rs. 2,000 crores in annual orders over the next 3-4 years.

Likely market impact

Record order backlog, double-digit margins and a debt-free balance sheet with fresh QIP capital point to a strong growth runway, likely to be viewed positively by investors. However, management declined to share project-level (HVDC) margins, current tender pipeline values, and specific capex splits, which may limit visibility on near-term profitability despite strong headline numbers.