POWERINDIABSEHitachi Energy India LtdLowNeutral
Announced Mon, 25 May · 20:24 IST

Please refer the enclosed file

Board & Shareholder Meetings View source PDF

POWERINDIA · price

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Price reaction · full curve 14 horizons · vs prior close
+4.7%1-day move
₹35745.00
prior close
₹35400.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-1.9-1.3-2.3-3.8+4.7+7.3+1.7-1.5-1.4+2.9+0.5-3.2-11.7
Up moveDown movePending
AI summary

Hitachi Energy India reported exceptional Q4 FY26 results with revenue of ₹2,754 crore, up 46.2% YoY, and PAT of ₹330.5 crore, up 79.7% YoY. Full year FY26 revenue stood at ₹8,147.7 crore (up 27.6%) with PAT of ₹987.8 crore (up 157.2%). The company declared record order backlog of ₹29,555.3 crore, up 53.5% YoY, providing strong revenue visibility. Operational EBITDA grew 111.5% to ₹1,252.6 crore with margins expanding to 16.4%. The Board recommended a final dividend of ₹8 per share (400%) subject to shareholder approval at the 7th AGM on August 28, 2026. Additionally, the Board approved ₹2,000 crore investment for a new greenfield large power transformers facility in Karjan, Gujarat, taking cumulative capex to ₹4,000 crore. The auditors issued an unmodified opinion on the financial statements.

Likely market impact

The strong quarterly and annual results with near-doubling of profitability and record order backlog indicate robust execution and demand outlook. The expanded capex commitment signals confidence in future growth. The 400% dividend payout rewards shareholders and, combined with the earnings momentum, should be positive for the stock.