HPL Electric & Power Limited has informed the Exchange regarding a press release dated May 22, 2025, titled "Press Release".
HPL · price
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Awaiting price reaction for this filing.
HPL Electric & Power reported strong FY2025 results with revenue rising 16.4% YoY to ₹1,700 crore, EBITDA up 32.5% to ₹254.65 crore, and PAT more than doubling (up 115.4%) to ₹93.99 crore. EBITDA margin expanded by 182 bps to 14.98% and PAT margin improved by 254 bps to 5.53%. Q4 FY25 was particularly strong with revenue at ₹492.54 crore (+16.1% YoY) and PAT at ₹37.28 crore (+171.8% YoY). The company has a healthy order book of over ₹3,500 crore, with 99% from smart meters, providing multi-year revenue visibility. All three priority segments — Smart Meters (23% YoY growth), Wires & Cables (20-25% CAGR over 3 years), and Domestic Switchgear (16% YoY) — posted double-digit growth. Net debt-to-EBITDA remains below 1.5x, leaving room for capex.
These are clearly positive results — record profits, expanding margins, and a strong order pipeline signal robust business momentum. For shareholders, this should support positive sentiment on the stock, though the small-cap nature and cyclicality of the electrical equipment business warrant monitoring of execution on the smart meter order book.