Hitachi Energy India Limited
Hitachi Energy India Limited operates in Heavy Electrical Equipment, part of the Capital Goods sector. It booked ₹2,494 cr of revenue in its latest quarter (Q1 FY27) and kept 11.8% of sales as profit. It is the 4th largest of 9 Heavy Electrical Equipment companies we track, by market value.
Healthier than 70% of companies in Capital Goods, on all six measures of filed financials. Each measure is ranked against the 77–113 companies that reported it.
Measures financial condition, not whether to buy. Learn what this score means · How this is calculated
- RSI (14)
- 43
At close. Not part of the score.
How much profit it earns on the money it employs
How much it owes, and whether earnings cover the interest
Whether reported profit actually arrives as cash
Whether sales and profit have grown, and how steadily
What today's price implies, against our models or its peers
How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure
What if I invest in POWERINDIA?
Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.
The slider starts at 15%, taken from this company's own free-cash-flow trend. That is history, not a forecast — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.
P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-09-17.
An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.
| Revenue from Operations | ₹2,494 cr |
| Other Income | ₹58 cr |
| Total Income | ₹2,551 cr |
| Cost of Materials | ₹1,614 cr |
| Purchases of Stock-in-Trade | ₹136 cr |
| Inventory Change (±) | ₹-321 cr |
| Employee Benefit Expense | ₹162 cr |
| Finance Costs | ₹3 cr |
| Depreciation & Amortisation | ₹28 cr |
| Other Expenses | ₹539 cr |
| Total Expenses | ₹2,162 cr |
| Profit before Tax | ₹390 cr |
| Tax Expense | ₹95 cr |
| Net Profit | ₹294 cr |
| Net margin on total income | 11.5% |
| Metric | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|
| Revenue | 2,082 cr | 2,754 cr | 2,494 cr |
| Total income | 2,168 cr | 2,811 cr | 2,551 cr |
| Expenses | 1,766 cr | 2,368 cr | 2,162 cr |
| Profit before tax | 348 cr | 443 cr | 390 cr |
| Tax | 86 cr | 113 cr | 95 cr |
| Net profit (owners' share) | 261 cr | 330 cr | 294 cr |
| Net margin (owners' share, on revenue) | 12.6% | 12.0% | 11.8% |
| EPS (₹) | 58.65 | 74.14 | 65.99 |
| Company | Price | Market cap | P/E | ROE | Net margin | 1-yr return |
|---|---|---|---|---|---|---|
| Siemens Limited | ₹3,764 | ₹8.37 L cr | 97.6 | 61.9% | 45.5% | — |
| ABB India Limited | ₹7,131 | ₹1.51 L cr | 102.1 | 15.5% | 10.2% | — |
| Bharat Heavy Electricals Limited | ₹429 | ₹1.49 L cr | 99.4 | 5.8% | 4.9% | — |
| Hitachi Energy India Limitedthis company | ₹31,230 | ₹1.39 L cr | 118.3 | 22.7% | 11.8% | — |
| CG Power and Industrial Solutions Limited | ₹880 | ₹1.39 L cr | 110.6 | 15.3% | 9.3% | — |
| GE Vernova T&D India Limited | ₹4,341 | ₹1.11 L cr | 76.5 | 54.0% | 19.8% | — |
| Siemens Energy India Limited | ₹3,109 | ₹1.11 L cr | 62.8 | 36.7% | 17.7% | — |
| Suzlon Energy Limited | ₹43 | ₹58,505 cr | 48.3 | 12.9% | 8.0% | — |
| Thermax Limited | ₹3,570 | ₹40,210 cr | 398.4 | 1.8% | 1.1% | — |
| Action | Detail | Ex-date |
|---|---|---|
| Dividend | ₹8 / share | 21 Aug 2026 |
| Dividend | ₹6 / share | 13 Aug 2025 |
| Dividend | ₹4 / share | 14 Aug 2024 |
| Dividend | ₹3.4 / share | 10 Aug 2023 |
| Dividend | ₹3 / share | 14 Jul 2022 |
| Dividend | ₹2 / share | 19 May 2021 |
A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.
Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.
When a company raises money from investors, it has to say up front what the money is for. The rules then make it report, every three months until the money is gone, how much of each of those things it has actually paid for — so a promise made while asking for the money can be checked afterwards.
As of Jun 2026, the company says it has spent 26% of what it set aside, leaving ₹1,842 cr still to be spent. Crisil Ratings Limited watches the spending on the exchange’s behalf.
Every figure above is taken from the statement the company files with the stock exchange each quarter, for as long as money it has raised remains unspent. The only thing we work out is how much of each stated purpose has been paid for — one number divided by another from the same filing. Whether a plan that changed was a good change is not something a filing can tell you. See the filing