Hitachi Energy India Ltd.
POWERINDIAIndustrials filings
We hold this company’s filings and have not read the financial statements out of them yet. Every filing on record is listed under filings, and each one opens.
Earnings calls
11 transcript(s)/analyst meet(s) served; 0 document(s) on file are not transcripts (cover letters, duplicates, unresolved) and are excluded. Speaker attribution is shown only where the segmenter attributes ≥ 95% of sentences to management or analysts (0 of 11 documents here); elsewhere sentences render unattributed.
| Kind | Date | Period | Served | Attribution rate |
|---|---|---|---|---|
| TRANSCRIPT | 20211028 | 2021-09-30 | yes | |
| TRANSCRIPT | 20220216 | 2021-12-31 | yes | |
| TRANSCRIPT | 20240730 | 2024-06-30 | yes | |
| TRANSCRIPT | 20241105 | 2024-09-30 | yes | |
| TRANSCRIPT | 20250205 | 2024-12-31 | yes | |
| TRANSCRIPT | 20250521 | 2025-03-31 | yes | |
| TRANSCRIPT | 20250806 | 2025-06-30 | yes | |
| TRANSCRIPT | 20251113 | 2025-09-30 | yes | |
| TRANSCRIPT | 20260212 | 2025-12-31 | yes | |
| TRANSCRIPT | 20260601 | 2026-03-31 | yes | |
| TRANSCRIPT | 20260814 | 2026-06-30 | yes |
POWERINDIA
files the standard Schedule III statements. Every figure below opens to the filing it was read from; where a figure is not shown, the reason is printed in its place.
Identity
| Statement division | general |
| Scope served | standalone |
| Panels on this page | 4 |
Market
No split, bonus or consolidation is on record for this company inside the period this price series covers, so the closes need no adjustment.
| Last close | 30,715.00 |
| 52-week range | 16214.0 – 38445.0 |
| Return 1M | -7.76% |
| Return 3M | -9.57% |
| Return 1Y | 61.68% |
| Return 3Y | 634.19% |
| Return 5Y | 1229.16% |
| Market capitalisation | not shown — we could not confirm it |
| Shares outstanding | not shown — we could not confirm it |
| P/E | not shown — we could not confirm it |
| P/B | not shown — we could not confirm it |
| EV/EBITDA | not shown — we could not confirm it |
Latest quarter filed — period ending 2026-06-30
In INR crore except per-share figures. `period_id` is the period the filing names for the number; the date beside each cell is when it was filed.
| Revenue from operations | 2,494.00 |
| Other income | 58.00 |
| Total income | 2,551.00 |
| Cost of materials consumed | 1,614.00 |
| Purchases of stock-in-trade | 136.00 |
| Changes in inventories | -321.00 |
| Employee benefit expense | 162.00 |
| Finance costs | 3.00 |
Ownership — 2026-06-30, and the change from 2026-03-31
| Holder | Per cent | Change |
|---|---|---|
| promoter and promoter group | 0.71 | 0.00 |
| institutions foreign | 0.12 | 0.01 |
| institutions domestic | 0.06 | -0.01 |
| mutual funds | 0.04 | -0.01 |
| public | 0.29 | 0.00 |
Documents on file
| Class | Most recent | On file |
|---|---|---|
| TRANSCRIPT | 2026-06-30 | 11 |
Financial statements
Filed results, standalone, in INR crore except per-share figures. Every figure opens to the filing it was read from. Quarterly and annual columns are the periods the filing itself names, never a document date.
Quarterly results, as filed
| Line | 2022-09-30 | 2022-12-31 | 2023-03-31 | 2023-06-30 | 2023-09-30 | 2023-12-31 | 2024-03-31 | 2024-06-30 | 2024-09-30 | 2024-12-31 | 2025-03-31 | 2025-06-30 | 2025-09-30 | 2025-12-31 | 2026-03-31 | 2026-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 1,115.00 | 1,034.00 | 1,334.00 | 1,040.00 | 1,228.00 | 127.00 | 1,695.00 | 1,327.00 | 1,554.00 | 1,620.00 | 1,884.00 | 1,479.00 | 1,833.00 | 2,082.00 | 2,754.00 | 2,494.00 |
| Other income | 0.00 | 7.00 | 2.00 | 3.00 | 0.00 | 0.00 | 4.00 | 0.00 | 0.00 | 52.00 | 38.00 | 51.00 | 83.00 | 86.00 | 57.00 | 58.00 |
| Total income | 1,115.00 | 1,041.00 | 1,336.00 | 1,043.00 | 1,228.00 | 128.00 | 1,699.00 | 1,327.00 | 1,554.00 | 1,672.00 | 1,922.00 | 1,530.00 | 1,915.00 | 2,168.00 | 2,811.00 | 2,551.00 |
| Cost of materials consumed | 671.00 | 615.00 | 834.00 | 588.00 | 719.00 | 76.00 | 1,040.00 | 760.00 | 832.00 | 927.00 | 1,028.00 | 765.00 | 986.00 | 1,281.00 | 1,586.00 | 1,614.00 |
| Purchases of stock-in-trade | 25.00 | 27.00 | 20.00 | 24.00 | 25.00 | 2.00 | 19.00 | 15.00 | 47.00 | 58.00 | 23.00 | 30.00 | 29.00 | 24.00 | 21.00 | 136.00 |
| Changes in inventories | -34.00 | -13.00 | -10.00 | -9.00 | 3.00 | -0.00 | 30.00 | 15.00 | 18.00 | -83.00 | 56.00 | -37.00 | -34.00 | -116.00 | 40.00 | -321.00 |
| Employee benefit expense | 106.00 | 100.00 | 113.00 | 112.00 | 117.00 | 12.00 | 140.00 | 123.00 | 137.00 | 141.00 | 144.00 | 145.00 | 156.00 | 168.00 | 174.00 | 162.00 |
| Finance costs | 7.00 | 13.00 | 11.00 | 11.00 | 11.00 | 1.00 | 11.00 | 11.00 | 16.00 | 12.00 | 6.00 | 4.00 | 3.00 | 3.00 | 3.00 | 3.00 |
| Depreciation and amortisation | 18.00 | 20.00 | 21.00 | 22.00 | 22.00 | 2.00 | 23.00 | 22.00 | 23.00 | 23.00 | 23.00 | 25.00 | 26.00 | 27.00 | 27.00 | 28.00 |
| Other expenses | 270.00 | 265.00 | 282.00 | 292.00 | 299.00 | 30.00 | 284.00 | 367.00 | 410.00 | 411.00 | 394.00 | 421.00 | 398.00 | 380.00 | 517.00 | 539.00 |
| Total expenses | 1,065.00 | 1,028.00 | 1,271.00 | 1,040.00 | 1,196.00 | 124.00 | 1,547.00 | 1,312.00 | 1,483.00 | 1,488.00 | 1,675.00 | 1,353.00 | 1,562.00 | 1,766.00 | 2,368.00 | 2,162.00 |
| Profit before exceptional items and tax | 50.00 | 13.00 | 65.00 | 3.00 | 32.00 | 3.00 | 152.00 | 15.00 | 71.00 | 184.00 | 247.00 | 177.00 | 353.00 | 402.00 | 443.00 | 390.00 |
| Exceptional items | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -54.00 | 0.00 | 0.00 |
| Profit before tax | 50.00 | 13.00 | 65.00 | 3.00 | 32.00 | 3.00 | 152.00 | 15.00 | 71.00 | 184.00 | 247.00 | 177.00 | 353.00 | 348.00 | 443.00 | 390.00 |
| Current tax | 19.00 | 2.00 | 13.00 | 6.00 | 10.00 | 1.00 | 53.00 | 10.00 | 41.00 | 38.00 | 70.00 | 46.00 | 83.00 | 86.00 | 131.00 | 115.00 |
| Deferred tax | -6.00 | 7.00 | 1.00 | -5.00 | -3.00 | 0.00 | -14.00 | -5.00 | -22.00 | 9.00 | -7.00 | -1.00 | 6.00 | 0.00 | -18.00 | -20.00 |
| Tax expense | 13.00 | 9.00 | 14.00 | 1.00 | 8.00 | 1.00 | 39.00 | 5.00 | 18.00 | 47.00 | 63.00 | 45.00 | 89.00 | 86.00 | 113.00 | 95.00 |
| Profit for the period | 37.00 | 5.00 | 51.00 | 2.00 | 25.00 | 2.00 | 114.00 | 10.00 | 52.00 | 137.00 | 184.00 | 132.00 | 264.00 | 261.00 | 330.00 | 294.00 |
| Other comprehensive income | -3.00 | 1.00 | -1.00 | -1.00 | -3.00 | 0.00 | -2.00 | 1.00 | -4.00 | -1.00 | -1.00 | -2.00 | 2.00 | 2.00 | -1.00 | -2.00 |
| Total comprehensive income | 34.00 | 5.00 | 50.00 | 2.00 | 22.00 | 2.00 | 112.00 | 12.00 | 48.00 | 137.00 | 183.00 | 130.00 | 266.00 | 264.00 | 329.00 | 292.00 |
| Earnings per share, basic | 8.77 | 1.08 | 11.99 | 0.57 | 5.84 | 5.42 | 26.82 | 2.46 | 12.34 | 32.41 | 43.15 | 29.53 | 59.31 | 58.65 | 74.14 | 65.99 |
| Earnings per share, diluted | 8.77 | 1.08 | 11.99 | 0.57 | 5.84 | 5.42 | 26.82 | 2.46 | 12.34 | 32.41 | 43.15 | 29.53 | 59.31 | 58.65 | 74.14 | 65.99 |
Annual results, as filed
| Line | 2020-12-31 | 2023-03-31 | 2024-03-31 | 2025-03-31 | 2026-03-31 |
|---|---|---|---|---|---|
| Revenue from operations | 3,420.00 | 4,469.00 | 5,237.00 | 6,385.00 | 8,148.00 |
| Other income | 18.00 | 15.00 | 9.00 | 57.00 | 240.00 |
| Total income | 3,439.00 | 4,484.00 | 5,247.00 | 6,442.00 | 8,388.00 |
| Cost of materials consumed | 1,727.00 | 2,721.00 | 3,109.00 | 3,546.00 | 4,618.00 |
| Purchases of stock-in-trade | 98.00 | 86.00 | 88.00 | 143.00 | 103.00 |
| Changes in inventories | -64.00 | -96.00 | 23.00 | 6.00 | -149.00 |
| Employee benefit expense | 369.00 | 417.00 | 490.00 | 545.00 | 643.00 |
| Finance costs | 20.00 | 40.00 | 47.00 | 45.00 | 13.00 |
| Depreciation and amortisation | 77.00 | 80.00 | 90.00 | 91.00 | 104.00 |
| Other expenses | 1,040.00 | 1,104.00 | 1,179.00 | 1,549.00 | 1,680.00 |
| Total expenses | 3,267.00 | 4,353.00 | 5,025.00 | 5,926.00 | 7,012.00 |
| Profit before exceptional items and tax | 172.00 | 131.00 | 222.00 | 516.00 | 1,375.00 |
| Exceptional items | -36.00 | 0.00 | 0.00 | 0.00 | -54.00 |
| Profit before tax | 136.00 | 131.00 | 222.00 | 516.00 | 1,321.00 |
| Current tax | 60.00 | 35.00 | 78.00 | 158.00 | 346.00 |
| Deferred tax | -24.00 | 2.00 | -20.00 | -26.00 | -13.00 |
| Tax expense | 36.00 | 37.00 | 58.00 | 132.00 | 333.00 |
| Profit for the period | 100.00 | 94.00 | 164.00 | 384.00 | 988.00 |
| Other comprehensive income | -6.00 | 2.00 | -5.00 | -4.00 | 1.00 |
| Total comprehensive income | 94.00 | 96.00 | 159.00 | 380.00 | 989.00 |
| Earnings per share, basic | 23.55 | 22.16 | 38.64 | 90.36 | 221.63 |
| Earnings per share, diluted | 23.55 | 22.16 | 38.64 | 90.36 | 221.63 |
Balance sheet, as filed
| Line | 2022-09-30 | 2023-03-31 | 2023-09-30 | 2024-03-31 | 2024-09-30 | 2025-03-31 | 2025-09-30 | 2026-03-31 |
|---|---|---|---|---|---|---|---|---|
| Total assets | 3,719.00 | 3,919.00 | 4,032.00 | 4,707.00 | 4,951.00 | 8,613.00 | 9,762.00 | 12,044.00 |
| Non-current assets | 835.00 | 847.00 | 844.00 | 879.00 | 920.00 | 1,032.00 | 1,100.00 | 1,686.00 |
| Current assets | 2,884.00 | 3,072.00 | 3,188.00 | 3,829.00 | 4,031.00 | 7,581.00 | 8,662.00 | 10,358.00 |
| Property, plant and equipment | 600.00 | 680.00 | 660.00 | 663.00 | 657.00 | 684.00 | 664.00 | 812.00 |
| Capital work-in-progress | 124.00 | 49.00 | 51.00 | 63.00 | 71.00 | 90.00 | 117.00 | 192.00 |
| Goodwill | 32.00 | 32.00 | 32.00 | 32.00 | 32.00 | 32.00 | 32.00 | 32.00 |
| Other intangible assets | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 |
| Inventories | 813.00 | 818.00 | 918.00 | 888.00 | 973.00 | 926.00 | 1,184.00 | 1,485.00 |
| Trade receivables | 1,442.00 | 1,528.00 | 1,418.00 | 1,522.00 | 1,869.00 | 2,110.00 | 2,095.00 | 1,913.00 |
| Cash and cash equivalents | 115.00 | 163.00 | 151.00 | 128.00 | 78.00 | 3,807.00 | 4,659.00 | 4,689.00 |
| Total equity and liabilities | 3,719.00 | 3,919.00 | 4,032.00 | 4,707.00 | 4,951.00 | 8,613.00 | 9,762.00 | 12,044.00 |
| Equity | 1,160.00 | 1,215.00 | 1,225.00 | 1,360.00 | 1,403.00 | 4,214.00 | 4,583.00 | 5,176.00 |
| Equity share capital | 8.00 | 8.00 | 8.00 | 8.00 | 8.00 | 9.00 | 9.00 | 9.00 |
| Other equity | 1,151.00 | 1,207.00 | 1,216.00 | 1,351.00 | 1,394.00 | 4,205.00 | 4,574.00 | 5,167.00 |
| Total liabilities | 2,559.00 | 2,703.00 | 2,808.00 | 3,348.00 | 3,548.00 | 4,399.00 | 5,179.00 | 6,868.00 |
| Non-current liabilities | 53.00 | 49.00 | 50.00 | 56.00 | 105.00 | 81.00 | 128.00 | 175.00 |
| Current liabilities | 2,506.00 | 2,654.00 | 2,757.00 | 3,291.00 | 3,444.00 | 4,319.00 | 5,051.00 | 6,693.00 |
| Borrowings, non-current | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Borrowings, current | 315.00 | 275.00 | 280.00 | 150.00 | 270.00 | 0.00 | 0.00 | 0.00 |
| Trade payables | 1,412.00 | 1,515.00 | 1,457.00 | 1,810.00 | 1,820.00 | 2,042.00 | 1,931.00 | 3,081.00 |
Cash flow, as filed
| Line | 2022-09-30 | 2023-03-31 | 2023-09-30 | 2024-03-31 | 2024-09-30 | 2025-03-31 | 2025-09-30 | 2026-03-31 |
|---|---|---|---|---|---|---|---|---|
| Net cash from operating activities | -99.00 | 5.00 | 55.00 | 252.00 | -84.00 | 1,494.00 | 874.00 | 1,245.00 |
| Net cash from investing activities | -28.00 | -12.00 | -29.00 | -89.00 | -35.00 | -110.00 | 53.00 | -271.00 |
| Net cash from financing activities | 155.00 | 84.00 | -38.00 | -199.00 | 69.00 | 2,295.00 | -75.00 | -91.00 |
| Purchase of property, plant and equipment | 28.00 | 12.00 | 29.00 | 89.00 | 35.00 | 128.00 | 67.00 | 509.00 |
| Net increase in cash | 29.00 | 77.00 | -12.00 | -35.00 | -50.00 | 3,679.00 | 852.00 | 883.00 |
| con:CFO.BEFORE_TAX | -78.00 | 72.00 | 78.00 | 303.00 | -1.00 | 1,651.00 | 1,021.00 | 1,746.00 |
| con:INTEREST_RECEIVED.OPERATING | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:INTEREST_PAID.OPERATING | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:DIVIDENDS_RECEIVED.OPERATING | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:TAX_PAID.OPERATING | 20.00 | 67.00 | 24.00 | 51.00 | 83.00 | 157.00 | 147.00 | 502.00 |
| con:CF_OTHER.OPERATING | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:INVESTMENTS_PURCHASED | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:INVESTMENTS_SOLD | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:PPE_DISPOSALS | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1.00 | 0.00 | 0.00 |
| con:CF_INVESTING.SUBSIDIARIES_SOLD | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:CF_INVESTING.SUBSIDIARIES_ACQUIRED | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:CF_INVESTING.JV_SOLD | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:CF_INVESTING.JV_ACQUIRED | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Who owns it
The shareholding pattern filed with the exchange every quarter, as a series. Percentages are of total shares. Each figure names the filing it was read from and the date it was filed.
| Holder | 2023-06-30 | 2023-09-30 | 2023-12-31 | 2024-03-31 | 2024-06-30 | 2024-09-30 | 2024-12-31 | 2025-03-13 | 2025-03-31 | 2025-06-30 | 2025-09-30 | 2025-12-31 | 2026-03-31 | 2026-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoter and promoter group | 75.00 | 75.00 | 75.00 | 75.00 | 75.00 | 75.00 | 75.00 | 71.31 | 71.31 | 71.31 | 0.71 | 0.71 | 0.71 | 0.71 |
| Domestic institutions | 8.10 | 8.04 | 8.52 | 9.75 | 8.54 | 9.00 | 9.21 | 12.13 | 12.34 | 10.28 | 0.08 | 0.07 | 0.07 | 0.06 |
| Mutual funds | — | — | — | — | — | — | — | — | — | 7.15 | 0.05 | 0.04 | 0.04 | 0.04 |
| Insurance companies | 4.20 | 3.87 | 3.59 | 3.08 | 2.25 | 2.00 | 2.10 | 2.33 | 2.43 | 2.06 | 0.02 | 0.02 | 0.02 | 0.02 |
| Foreign institutions | 4.53 | 4.33 | 4.07 | 3.48 | 5.02 | 5.11 | 4.51 | 5.34 | 4.96 | 7.20 | 0.10 | 0.11 | 0.12 | 0.12 |
| Government | — | — | — | — | — | — | — | — | — | 0.00 | — | — | — | — |
| Public | 25.00 | 25.00 | 25.00 | 25.00 | 25.00 | 25.00 | 25.00 | 28.69 | 28.69 | 28.69 | 0.29 | 0.29 | 0.29 | 0.29 |
| Non-institutional | 12.37 | 12.63 | 12.41 | 11.77 | 11.43 | 10.90 | 11.28 | 11.22 | 11.39 | 11.21 | 0.11 | 0.11 | 0.10 | 0.10 |
| Shares outstanding | 42381675 | 42381675 | 42381675 | 42381675 | 42381675 | 42381675 | 42381675 | 44572363 | 44572363 | 44572363 | 44572363 | 44572363 | 44572363 | 44572363 |
Related parties
Transactions with related parties as disclosed to the exchange for the period ending 2024-09-30, by counterparty, largest first. Amounts are as filed. Each row names the filing and the date it was filed.
| Counterparty | Relationship | Type | Amount in the period | Transactions |
|---|---|---|---|---|
| Hitachi Energy Limited (Holding Company) | Holding Company | Any other transaction, Dividend paid, Purchase of go | 3,505,100,000.00 | 8 |
| Hitachi Energy Sweden AB, Sweden(Formerly known as ABB Power | Fellow Subsidiaries | Any other transaction, Purchase of goods or services | 2,267,400,000.00 | 6 |
| Hitachi Energy USA Inc.,United States(Formerly known as ABB | Fellow Subsidiaries | Any other transaction, Purchase of goods or services | 1,469,500,000.00 | 5 |
| Hitachi Energy Xi'an Power Capacitor Co.,Ltd., China (Former | Fellow Subsidiaries | Any other transaction, Purchase of goods or services | 917,600,000.00 | 3 |
| Hitachi Energy Holdings Ltd, Switzerland (Formerly known as | Fellow Subsidiaries | Any other transaction, Sale of goods or services | 681,000,000.00 | 4 |
| Hitachi Energy Vietnam Company Limited,Vietnam (Formerly kno | Fellow Subsidiaries | Any other transaction, Purchase of goods or services | 658,900,000.00 | 5 |
| Hitachi Energy Technology Services Private Limited, India (F | Fellow Subsidiaries | Any other transaction, Purchase of goods or services | 579,400,000.00 | 5 |
| Hitachi Energy Italy S.p.A.,Italy(Formerly known as ABB Powe | Fellow Subsidiaries | Any other transaction, Purchase of goods or services | 446,000,000.00 | 5 |
| Hitachi Energy Brasil Ltda, Brazil(Formerly known as ABB Ltd | Fellow Subsidiaries | Any other transaction, Purchase of goods or services | 298,900,000.00 | 4 |
| PT. Hitachi Sakti Energy Indonesia, Indonesia(Formerly known | Fellow Subsidiaries | Any other transaction, Sale of goods or services | 244,000,000.00 | 4 |
| Hitachi Energy Systems L.L.C., United Arab Emirates(Formerly | Fellow Subsidiaries | Any other transaction, Purchase of goods or services | 209,100,000.00 | 4 |
| Hitachi Energy Australia Pty Ltd, Australia(Formerly known a | Fellow Subsidiaries | Any other transaction, Purchase of goods or services | 167,200,000.00 | 4 |
| Hitachi Energy Limited, Jordan | Fellow Subsidiaries | Any other transaction, Sale of goods or services | 156,800,000.00 | 3 |
| Linxon India Private Limited | Fellow Associates | Any other transaction, Sale of goods or services | 152,400,000.00 | 3 |
| Hitachi Energy (China) Ltd., China | Fellow Subsidiaries | Any other transaction, Sale of goods or services | 148,400,000.00 | 4 |
What management said
Every earnings call we hold for this company, read in full. Prepared remarks are separated from the question-and-answer session and every paragraph names who said it and on which page. These are management’s own words, not filed figures.
| Date | Quarter | Who spoke | |
|---|---|---|---|
| 2026-08-14 | Q1FY27 | Read the call | |
| 2026-06-01 | Q4FY26 | Read the call | |
| 2026-02-12 | Q3FY26 | Read the call | |
| 2025-11-13 | Q2FY26 | Read the call | |
| 2025-08-06 | Q1FY26 | Read the call | |
| 2025-05-21 | Q4FY25 | Read the call | |
| 2025-02-05 | Q3FY25 | Read the call | |
| 2024-11-05 | Q2FY25 | Read the call | |
| 2024-07-30 | Q1FY25 | Read the call | |
| 2022-02-16 | Q3FY22 | Read the call | |
| 2021-10-28 | Q2FY22 | Read the call |
What they said about it, quarter by quarter
| Topic | Q2FY22 | Q2FY25 | Q2FY26 | Q3FY22 | Q3FY25 | Q3FY26 | Q4FY25 | Q4FY26 |
|---|---|---|---|---|---|---|---|---|
| Capex | As and when the industry CAPEX starts, so we will see those things are also coming up. | @Hitachi Energy 7/17 Indian railway, as part of its Capex plan, have allocated Rs. | As we speak, a lot of CAPEX projects are under execution at various stages of completion, and we see the traction of some of them coming in from the s… | Sir, first the budget announcement in terms of CAPEX on the infrastructure side, you already high- lighted in your presentation. | And this fund can be used also for our short-term and long-term working capital requirements, strategic initiatives, capital expenditure for M&A and o… | You have seen this week, on Sunday, the Union Budget, which, in our view, lays out a strong roadmap for technology-led growth with higher public capit… | If you can provide insight that what kind of order inflow growth one should see over the next / in a longer period of time, especially when the kind o… | And is your capex driven by also the localization drive for the, probably for the upcoming 2 or 3 years, there is a minimum 30% and then this will go … |
| Capital allocation | And also by when do you think should the remaining 20% acquisition of the stake happen in the JV by Hitachi globally? | — | — | — | — | — | — | — |
| Costs | Easing of port congestion, stability in commodity markets and input costs are likely to bring relief and improve our short-term liquidity position. | And we are not expecting any delays in terms of the requirements of those raw materials also in the future quarter, right? | — | You did highlight raw material price pressures and fixed price contracts. | — | — | — | — |
| Debt and cash | — | So, if I look at your operating profit, they have doubled from September last year to this year, but I think the entire cash flow is getting eaten up … | — | — | But in addition to that, usage of the funds also from short and long-term working capital requirements, and strategic initiatives’ expansions. | — | My last question, sir, in the cash flow, there is a decrease in other financial assets. | — |
| Demand | With demand and economic activity picking up, business confidence has surged. | First of all, there is huge demand in the overall transformer industry worldwide so naturally the demand is very high. | Additionally, the sanctioned INR 2.4 lakh crore of 500 gigawatt transmission plant to link renewable-rich states with demand centres shows the country… | Utilities drove about half the order book, through product orders for grid strengthening and power quality, products and automation for monitoring and… | In November, we bagged a large HVDC order to transfer renewable energy from Khavda in Gujarat to the industrial center of Nagpur in Maharashtra, which… | We are also steadily advancing gender diversity, reflecting progress across our talent pipelines, etc. On the principles, we uphold an uncompromising … | If we move to the next Slide Number 13, exports and services continue to sustain their growth momentum, contributing significantly to the overall orde… | We remain proud of our leadership in core segments such as utilities, HVDC, industries, data centers, etc., while actively expanding into high-growth … |
| Guidance | I think with the COVID, as you rightly said, hopefully behind us and we don't see big waves as we have seen previously, we expect the revenue to come … | We expect this momentum to continue in the coming quarters, creating more opportunities in the energy segment, especially in the renewable space, for … | We do not give guidance on the longer-term basis in that. | But broadly, as we move forward at least for the next 6 to 9 months while some of these inflationary impacts are likely to continue, do we expect gros… | With aggressive push for renewable generation in the country, we expect significant demand from the segment in the coming quarter. | However, we believe this is simply a part of the market cycle and timing and we expect it to improve in the coming quarters The order mix is also illu… | While geopolitical uncertainty has posed some challenges, we expect the growth momentum in the energy sector to continue. | 4,000 Crores, when should we expect different phases of capitalization? |
| Margin | Operational EBITA stood at INR 55.6 crores in the September quarter, with EBITA margin at 6.5 percent. | Operational EBITDA for the quarter stood at Rs.126.3 crores, resulting in a margin of 8.1%, reiterating our continuous efforts towards improving margi… | The effective execution of good margin orders, sustained operational excellence, a good product mix, increased export momentum, and a lower base in th… | This, coupled with increased commodity and freight costs, slowed our march towards target margin corridor. | Operational EBITDA if you see, for this quarter stood at Rs. | And then if you see personal expenses in this quarter 7.7%, other expenses 14%, depreciation and finance 1.2% and 0.1% respectively and that is how we… | Both PBT and PAT also significantly up by 133% and our EBITDA margin has improved by 250 basis points compared to last year. | I mean we are somewhere around 14%, 15% EBITDA, but our peers are now in the range of 25% plus. |
| People | — | — | On the business front, consolidated efforts will be made to leverage the large order backlog for revenue accretion and focus strategy for the utilizat… | — | — | If I see the utilization of the proceeds, we have only used Rs. | — | — |
| Pricing | — | And pricing wise, are we protected in terms of the end pricing or because the pricing has also been moved up. | And then we are also working on the pricing excellence, et cetera, in that. | — | — | In terms of capacity which is kind of also coming into the market whether we will have same kind of pricing power in upcoming tenders? | — | — |
| Revenue growth | So, the orders kind of intake going up especially on a QoQ basis, do you expect that to accelerate… I am not talking of next couple of quarters, just … | Revenue for the quarter is Rs.1,553.8 crores, showcasing a strong revenue growth of 26.5% year-on-year on the back of favorable mix and good order exe… | World Bank has further rated India's GDP growth of 7.8% exceeding expectations for the first quarter of FY '25-'26. | So, revenue growth is fueled by higher project execution and also product delivery, but the margin has been impacted due to execution mix as well as r… | 11,594.3 crores for the Quarter 3, with a year-on-year growth of 838% on the back of large HVDC order to transmit renewable energy from Khavda in Guja… | And even if I compare with the last quarter, we see there is a growth of 11.7%. | The transmission segment saw a 91% growth surge, where the renewables saw year-on-year growth of 386% and railways & metro are up by 24% year-on-year. | In parallel, we are focused on executing our strong order backlog efficiently to support revenue growth and optimize capital deployment. |