HPL Electric & Power Limited has informed the Exchange regarding a press release dated May 27, 2026, titled "Press Release".
HPL · price
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HPL Electric posted its highest-ever quarterly revenue of Rs.519.70 crore in Q4 FY26, crossing the Rs.500 crore milestone for the first time. Full-year FY26 revenue reached Rs.1,811.10 crore, up 6.52% YoY. EBITDA grew 10.52% to Rs.281.43 crore with margins expanding 56 bps to 15.54%, while gross margins improved 97 bps to 36.01%. Cash profit surged 13.43% to Rs.155.51 crore. PAT declined 2.91% to Rs.91.25 crore due to higher depreciation from capacity additions. Consumer & Industrial emerged as a second growth engine with revenue up 25.62% to Rs.784.67 crore, now representing 43% of total revenue. Wires & Cables was the standout performer with 50% YoY growth to Rs.340.74 crore. Smart Metering showed sequential recovery in Q4 with Q4 revenue of Rs.305.74 crore being the strongest quarter of FY26. The order book stands at over Rs.3,200 crore.
Strong operating performance with margin expansion and cash profit growth demonstrates business quality improvement despite PAT decline from higher depreciation. The diversification into Consumer & Industrial and recovery in Smart Metering positions the company well for FY27 growth.