HPL share price, P/E, ROE & financials

As of 6 Nov 2026, HPL Electric & Power trades at 18.8× trailing earnings, below the industry P/E of 30.0×, and the shares are 45% below their 52-week high. Its ROCE of 18% is the second-lowest among the 7 largest Electrical Equipment & Parts peers, and sales and net profit grew 13% and 44% a year over 3 years. Its dividend yield is 0.4%, and debt is 0.75× equity. It is a small-cap company with a market cap of ₹1,710 Cr, ranked 44th of 97 Electrical Equipment & Parts companies by market cap; the shares fell 42% over the past year.

As of 6 Nov 2026Prices are delayed about 15 minutes; fundamentals are from the quarter ended Jun 2026.How we calculate this

past year

Open: ₹251.00
Day high: ₹278.60
Day low: ₹250.00
Prev. close: ₹253.68
Volume: 11.4 L

Health check

1 good · 3 fair · 2 to check

ReturnsBehind
−41.7% over a year, better than 0 of 7 peers.
Price tagCheaper
P/E 18.8 vs industry 30.0.
GrowthSteady
Sales +12.8%, profit +44.5% a year over 3 years.
ProfitabilityAverage
ROCE 17.8% vs peer median 22.1%.
Balance sheetFair
Debt 0.75× equity, interest covered 2.6×, Piotroski 5 of 9.
Red flags1 to check
45% below its 52-week high.

Compared with 7 industry peers. Computed from reported figures. Educational, not a recommendation.

Electrical Equipment & Parts

96 listed peers. Screen the industry

Small cap

₹1,710 Cr, #44 of 97 in its industry by size.

Moves with the market

Beta 0.80 vs the NIFTY 50: tracks the market closely.

Key metrics

Last 12 months to Jun 2026: sales ₹1,943 Cr · profit ₹91 Cr

Market cap: ₹1,710 Cr; Small cap
P/E: 18.8; Industry 30.0
Price to book: 1.71; Peers 7.24
Dividend yield: 0.39%
ROE: 9.5%; Peers 18.0%
ROCE: 17.8%; Peers 22.1%
Debt to equity: 0.75; Debt ₹755 Cr
EPS (TTM): ₹14.18; Face value ₹10
OPM (TTM): 14.7%; Net margin 4.7%
Sales growth: +34.5%; Latest quarter vs a year ago
Profit growth: +1.3%; Latest quarter vs a year ago
Price to sales: 0.88; EV/EBITDA 8.4

Strengths

Quarterly sales up 34.5% on a year ago.
P/E of 18.8 against an industry P/E of 30.0.
Positive operating cash flow in each of the last 4 years.

Risks to check

45% below its 52-week high.

Derived automatically from reported figures. Not a recommendation.

About HPL Electric & Power

HPL Electric & Power Limited manufactures and sells electric equipment under the HPL brand in India and internationally. The company operates through two segments: Metering, Systems & Services and Consumer, Industrial & Services. It offers digital panel and energy, multi-function, load managers, demand controllers, power quality, projection, dual source energy, HTCT, and keypad based prepaid energy meters; power factor control and regulator; meter cover…

Headquarters: Sonipat
Employees: 1,438
Sector: Industrials
ISIN: INE495S01016
Website: hplindia.com

Price range

52 weeks

₹223.60₹479.90

Today

₹250.00₹278.60

Avg volume (3M): 1.1 L
1-year return: minus 41.7%
From 52-week high: minus 44.6%

Peers · Electrical Equipment & Parts

Capital-heavy industry columns

Compare with peers Screen the whole industry

Company
POWERINDIAHitachi Energy India	27,800.00	minus 1.42%	1,23,911	107.7	95.3	24.9%	16.1%	0.02	22.2%	plus 37.9%
CGPOWERCG Power and Industrial Solutions	773.00	minus 4.43%	1,21,785	88.6	72.5	19.3%	13.1%	0.02	21.2%	plus 8.2%
POLYCABPolycab India	7,871.00	plus 0.28%	1,18,613	37.5	29.0	30.4%	13.6%	0.02	26.6%	plus 3.8%
HAVELLSHavells India	1,128.00	plus 5.61%	70,789	42.6	30.0	22.1%	9.1%	0.02	9.9%	minus 28.1%
APARINDSApar Industries	14,106.00	minus 9.65%	59,065	41.6	30.7	26.7%	9.5%	0.12	17.0%	plus 87.2%
KEIKEI Industries	3,988.00	minus 1.80%	38,143	36.1	29.9	18.7%	11.0%	0.04	19.1%	plus 1.8%
HONAUTHoneywell Automation India	30,080.00	minus 0.79%	26,613	47.0	35.7	15.7%	13.8%	0.02	10.9%	minus 17.5%
HPLHPL Electric & Power	265.96	plus 4.84%	1,710	18.8	8.6	17.8%	14.7%	0.75	12.8%	minus 41.7%
Median of 7 peers	–	−1.42%	70,789	42.6	30.7	22.1%	13.1%	0.02	19.1%	3.8%

Quarterly results

Consolidated, ₹ crore

SalesSelect a row below to chart it

Jun 25	Sep 25	Dec 25	Mar 26	Jun 26
383	434	474	520	515
325	369	402	434	452
58	65.9	71.7	85.8	63.2
15.1%	15.2%	15.1%	16.5%	12.3%
1.2	0.8	0.9	1.9	2.2
22.6	23.6	25.6	22.3	22.1
11.6	12.7	15.4	23.6	18.1
–	–	−5.4	–	–
25	30.5	26.1	41.8	25.2
26.1%	26.7%	25.3%	26.1%	25.7%
18.4	22.3	19.4	30.9	18.7
2.87	3.46	3.02	4.80	2.90

Profit & loss

Yearly, ₹ crore

Sales CAGR 3Y: +12.8%
Profit CAGR 3Y: +44.5%
EPS CAGR 3Y: +44.5%
ROE: 9.5%

Net profitSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
1,262	1,461	1,700	1,811
–	+15.7%	+16.4%	+6.5%
1,105	1,268	1,445	1,529
157	193	255	282
12.4%	13.2%	15.0%	15.6%
−7.9	−10.9	−10.9	−10.2
63.9	74.5	73.9	79.1
38.4	38.7	42.2	63.2
−0	−0.7	−0.8	−5.8
46.7	68.1	128	123
35.2%	35.9%	26.4%	26.1%
30.2	43.6	93.8	91
–	+44.4%	+115.2%	minus 2.9%
4.69	6.78	14.58	14.15

Forecast

Your assumptions, not a prediction

Balance sheet

At each financial year end, ₹ crore

Total assetsSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
64.3	64.3	64.3	64.3
729	764	851	936
600	627	639	755
307	419	540	643
1,701	1,874	2,095	2,398
460	471	506	655
8.7	10.3	7.6	41
–	0	0	10.4
33.1	26.4	27.2	32.7
1,199	1,367	1,554	1,660
1,701	1,874	2,095	2,398

Cash flow

Yearly, ₹ crore

Cash from operationsSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
104	100	138	226
−39.8	−39.4	−70.1	−223
−73.8	−72.3	−65.7	16.1
−9.9	−11.4	2.4	19.9
−44.4	−43.5	−79	−216
59.3	56.8	59.2	10.3
−1	−6.4	−6.4	−6.4

Shareholding pattern

Source: NSE filings

72.7%

promoters

Promoters72.66%
Public27.34%
As of 30 Sep 2026

Quarter	Promoters	Public	Promoter change
30 Sep 2026	72.66%	27.34%	0.00
30 Jun 2026	72.66%	27.34%	0.00
31 Mar 2026	72.66%	27.34%	0.00
31 Dec 2025	72.66%	27.34%	0.00
30 Sep 2025	72.66%	27.34%	–

Major shareholders

NSE filing

Filings & events

News

No recent news coverage found.

My notes

Private to you