POWERINDIABSEHitachi Energy India LtdLowNeutral
Announced Mon, 25 May · 19:46 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 strong Q4 FY26 results with revenue of INR 2,754.1 crore (up 46.2% YoY) and PAT of INR 330.5 crore (up 79.7% YoY). Full year FY26 revenue stood at INR 8,147.7 crore with PAT of INR 987.8 crore, representing 157.2% YoY growth. The company commissioned India's first HVDC city center infeed in Mumbai. Order backlog reached a record high of INR 29,555.3 crore (up 53.5% YoY), providing strong revenue visibility. The Board recommended a final dividend of INR 8 per share (400% on face value of Rs 2 each), subject to shareholder approval at the 7th AGM on August 28, 2026. Additionally, the Board approved INR 2,000 crore investment for a new greenfield large power transformers facility in Karjan, Vadodara, Gujarat, taking cumulative capex to INR 4,000 crore. The statutory auditors issued an unmodified opinion on the financial statements.

Likely market impact

The company delivered exceptional growth with near 80% YoY PAT growth in Q4 and 157% for the full year, driven by robust order execution. The record order backlog of INR 29,555.3 crore and INR 4,000 crore capex commitment signal strong long-term growth prospects. The 400% dividend payout reflects confidence in future cash flows and should be positive for shareholder returns.