Hitachi Energy India Ltd, Fundamental analysis

Industry Industry name	Capital Goods - Electrical Equipment
Variance Full Year Net Profit Variance	167
Equity Latest Equity	8.91
Face Value Latest Face Value	2
Reserves Total Reserve	5167.04
Dividend Full Year Dividend %	400
Sales Turnover Full Year Net Sales	7918.24
Net Profit Full Year Net Profit	1027.86
Full Year CPS Full Year Cash Per Share	254
Earning Per Share Full Year Earning Per Share	230.6
Quarter CPS Latest quarter Cash Per Share	0
Latest Quarter Date Latest Quarter Yrc	Mar 1, 2026
Latest Quarter Sales Latest Quarter Net Sales	2707.35
Previous EPS Previous earnings per share	0
Book Value Book value	1161.2
Networth Full Year Return on Networth	13.78
Price/Book Value Price to Book value	26.804168
Yearly PE ratio Full Year Price to Earning per share	135
Yearly PC ratio Full Year Price to Cash Per Share	122.5
Bse value BSE Value in lakhs	3003.69
Nse value NSE Value in lakhs	61101.79
High 52 week high	38800
Low 52 week low	16104
Price NSE Current market price	31130
CPM Current market price	31125

Market cap BSE / NSE Market Cap	138732.82
Net profit Latest Quarter Net Profit	330.46
Net profit variance Latest Quarter Net Profit variance	80
Result year Trailing latest month	Mar 1, 2026
TTM Sales Trailing Twelve 12 month Net Sales	5700.61
TTM OP Trailing Twelve 12 month Operating Profit	461.86
TTM OPM Trailing Twelve 12 month Operating Profit Margin	8.1
TTM GP Trailing Twelve 12 month Gross Profit	1425.17
TTM GPM Trailing Twelve 12 month Gross Profit Margin	18
TTM NP Trailing Twelve 12 month Net Profit	199.34
TTM NPV Trailing Twelve 12 month Net Profit Variane	167.37
TTM EPS Trailing Twelve 12 month EPS	230.6
TTM PE Trailing Twelve 12 month PE	134.98
TTM CPS Trailing Twelve 12 month CPS	0
Month CPS Month Cash Per Share	0
TTM Depreciation Trailing Twelve 12 month Depreciation	90.14
Equity Latest Equity	8.91
LTP Latest Price (BSE/NSE)	31125
Gross block Latest Gross Block	1293
Loans Total loans	88.45
Advances Latest Advances for Banks	0
Net profit asset Latest Assets	0
Year OPM Full Year Operating Profit Margin	15.8
Year GPM Full Year Gross Profit Margin	18.7
Quarter OPM Latest quater Operation Profit Margin	15.4

	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026
+ Sales	1,293	1,508	1,583	1,840	1,429	1,760	2,021	2,707
YOY Sales Growth %	29%	26%	28%	11%	11%	17%	28%	47%
Gross Sales	1,293	1,508	1,583	1,840	1,429	1,760	2,021	2,707
Other Operating Income	34	46	38	43	50	72	61	47
+ Expenses	1,245	1,398	1,416	1,602	1,274	1,461	1,730	2,291
Material Cost %	58%	54%	64%	53%	56%	58%	69%	57%
Raw Material Cost	760	832	927	1,028	765	986	1,281	1,586
Change in Inventory	-15	-18	83	-56	37	34	116	-40
Manufacturing Cost %	28%	27%	26%	21%	29%	23%	21%	19%
Employee Cost %	9%	9%	9%	8%	10%	9%	8%	6%
Other Cost %	1%	3%	-9%	5%	-7%	-6%	-13%	2%
Raw Materials %	59%	55%	59%	56%	54%	56%	63%	59%
Purchase of Finished Goods %	1%	3%	4%	1%	2%	2%	1%	1%
Stock Adjustments %	1%	1%	-5%	3%	-3%	-2%	-6%	1%
Other Manufacturing Expenses %	28%	27%	26%	21%	29%	23%	21%	19%
Operating Profit	48	110	167	238	155	299	291	416
OPM %	4%	7%	11%	13%	11%	17%	14%	15%
+ Other Income	0	0	52	38	51	83	86	57
Miscellaneous Income	0	0	52	38	51	83	86	57
Interest	11	16	12	6	4	3	3	3
Depreciation	22	23	23	23	25	26	27	27
Profit before tax	15	71	184	247	177	353	348	443
+ Tax %	31%	26%	25%	25%	26%	25%	25%	25%
Current Tax	10	41	38	70	46	83	86	131
Deferred Tax	-5	-22	9	-7	-1	6	0	-18
+ Net Profit	10	52	137	184	132	264	261	330
Extraordinary Income / Expense	0	0	0	0	0	0	-54	0
Exceptional Item	0	0	0	0	0	0	-54	0
EPS in Rs

	Dec 2019	Dec 2020	Mar 2022	Mar 2023	Mar 2024	Mar 2025
+ Sales	3,236	3,420	4,884	4,469	5,237	6,385
Sales Growth %		6%	43%	-9%	17%	22%
Gross Sales		3,348	4,761	4,335	5,096	6,224
Other Operating Income		74	123	134	141	161
+ Expenses	2,829	3,205	4,573	4,233	4,889	5,789
Material Cost %	54%	51%	57%	61%	61%	58%
Raw Material Cost	1,703	1,824	2,898	2,807	3,196	3,690
Change in Inventory	56	-64	-127	-96	23	6
Manufacturing Cost %	12%	12%	10%	8%	8%	8%
Employee Cost %	8%	11%	10%	9%	9%	9%
Other Cost %	13%	20%	17%	17%	15%	16%
Raw Materials %	53%	53%	59%	63%	61%	58%
Purchase of Finished Goods %		3%	2%	2%	2%	2%
Stock Adjustments %	-2%	2%	3%	2%	-0%	-0%
Power & Fuel %	1%	2%	2%	1%	1%	1%
Other Manufacturing Expenses %	10%	10%	9%	6%	6%	7%
Selling & Administration %	15%	16%	15%	14%	13%	14%
Miscellaneous Expenses %	2%	3%	1%	2%	1%	2%
Operating Profit	407	215	311	236	349	596
OPM %	13%	6%	6%	5%	7%	9%
+ Other Income	0	19	103	15	9	57
Miscellaneous Income		49	103	15	9	90
Exceptional Income		29	36	0	0	0
Interest	28	38	53	54	57	54
Depreciation	48	77	95	80	90	91
Profit before tax		136	277	131	222	516
+ Tax %		27%	26%	28%	26%	26%
Current Tax	62	60	88	35	78	158
Deferred Tax	-7	-24	-15	2	-20	-26
+ Net Profit		100	203	94	164	384
Profit Growth %			104%	-54%	74%	134%
Extraordinary Income / Expense		-36	36	0	0	0
Exceptional Item		-36	36	0	0	0
EPS in Rs

	Dec 2019	Dec 2020	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Equity Capital	8	8	8	8	8	9
Reserves	831	924	1,124	1,207	1,351	4,205
+ Borrowings	348	39	190	334	214	88
Unsecured Borrowings	348	39	190	334	214	88
+ Other Liabilities	2,253	2,532	2,201	2,369	3,134	4,311
Current Liabilities	2,316	2,594	2,258	2,439	3,199	4,374
Provisions	139	188	188	195	249	280
Other liability items	1	1	3	2	4	9
Total Liabilities	3,441	3,503	3,524	3,919	4,707	8,613
+ Fixed Assets	579	656	653	713	695	717
Gross Block	800	946	1,024	1,149	1,202	1,293
Accumulated Depreciation	220	291	371	436	507	576
CWIP	57	32	118	49	63	90
Investments	0	0	0	0	0	0
+ Other Assets	2,804	2,815	2,753	3,157	3,950	7,807
Inventories	493	495	707	818	888	926
Trade receivables	1,783	1,574	1,419	1,528	1,522	2,110
Cash Equivalents	188	319	86	163	128	3,807
Loans n Advances	385	461	564	667	1,414	897
Other asset items	-44	-34	-23	-19	-2	67
Total Assets	3,441	3,503	3,524	3,919	4,707	8,613

	Dec 2019	Dec 2020	Mar 2022	Mar 2023	Mar 2024	Mar 2025
+ Cash from Operating Activity	-73	610	-127	5	252	1,494
Profit Before Tax & Extraordinary Items	221	136	277	131	222	516
Depreciation	48	77	95	80	90	91
Interest (Net)	26	19	40	40	46	27
Profit / Loss on Sale of Assets	0	1	1	0	0	1
Provisions & Write-offs (Net)	5	45	-15	0	2	53
Profit / Loss in Forex	-1	9	-4	3	-8	7
Receivables	-369	194	191	-125	0	-630
Inventories	-24	-2	-212	-111	-70	-38
Trade Payables	295	192	96	-91	307	226
Direct Taxes Paid	-74	-45	-93	-67	-51	-157
+ Cash from Investing Activity	-73	-89	-167	-12	-89	-110
Purchase of Fixed Assets	-73	-91	-168	-12	-89	-129
Sale of Fixed Assets	0	1	1	0	0	1
Interest Received	0	2	1	0	0	18
+ Cash from Financing Activity	333	-390	61	84	-199	2,295
Proceeds from Issue of Shares	0	0	0	0	0	2,521
Proceeds from Short-Term Borrowings	348	0	125	150	0	0
Repayment of Short-Term Borrowings	0	-348	0	0	-125	-150
Repayment of Financial Liabilities	0	-10	-15	-14	-14	-14
Dividend Paid	0	0	-8	-13	-14	-17
Net Cash Flow	188	131	-233	77	-35	3,679