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As of 6 Nov 2026, Hitachi Energy India trades at 107.7× trailing earnings, above the industry P/E of 30.0×, and the shares are 28% below their 52-week high. It earns ROCE of 25% and ROE of 21%, and sales and net profit grew 22% and 119% a year over 3 years. The company has almost no debt. It is a large-cap company with a market cap of ₹1.2 lakh crore, the largest of 97 Electrical Equipment & Parts companies by market cap; the shares rose 38% 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
₹27,000.00
Day high
₹28,040.00
Day low
₹26,715.00
Prev. close
₹28,200.00
Volume
2.1 L

Health check

4 good · 2 to check
  • ReturnsAhead

    +37.9% over a year, better than 6 of 7 peers.

  • Price tagPricier

    P/E 107.7 vs industry 30.0.

  • GrowthStrong

    Sales +22.2%, profit +119.1% a year over 3 years.

  • ProfitabilityStrong

    ROCE 24.9% vs peer median 22.1%.

  • Balance sheetSolid

    Practically debt-free, Piotroski 7 of 9.

  • Red flags1 to check

    P/E of 107.7 against an industry P/E of 30.0.

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

Electrical Equipment & Parts

96 listed peers. Screen the industry

Large cap

₹1.2L Cr, the largest of 97 in its industry.

Defensive

Beta 0.72 vs the NIFTY 50: moves less than the market.

Key metrics

Last 12 months to Jun 2026: sales ₹9,162 Cr · profit ₹1,150 Cr
Market cap
₹1.2L Cr
Large cap
P/E
107.7
Industry 30.0
Price to book
23.94
Peers 7.24
Dividend yield
0.03%
ROE
21.0%
Peers 18.0%
ROCE
24.9%
Peers 22.1%
Debt to equity
0.02
Debt ₹86 Cr
EPS (TTM)
₹258.10
Face value ₹2
OPM (TTM)
16.1%
Net margin 12.6%
Sales growth
+70.8%
Latest quarter vs a year ago
Profit growth
+123.5%
Latest quarter vs a year ago
Price to sales
13.52
EV/EBITDA 80.1

Strengths and risks

Strengths

  • Return on equity of 21.0%.
  • Return on capital employed of 24.9%.
  • Practically debt-free.
  • Quarterly profit up 123.5% on a year ago.
  • Quarterly sales up 70.8% on a year ago.

Risks to check

  • P/E of 107.7 against an industry P/E of 30.0.

Derived automatically from reported figures. Not a recommendation.

About Hitachi Energy India

Hitachi Energy India Limited offers products, projects, and services for electricity transmission and related activities in India and internationally. The company is involved in engineering, integration, installation, commissioning, and support of project and services, and design, manufacturing, configuration, and supply of system, equipment, devices, and accessories products. It also manufactures and sells electric motors, generators, transformers, and…

Headquarters
Bengaluru
Employees
2,777
Sector
Industrials
ISIN
INE07Y701011
Website
hitachienergy.com

Price range

52 weeks

₹16,111.00₹38,785.00

Today

₹26,715.00₹28,040.00
Avg volume (3M)
1.2 L
1-year return
plus 37.9%
From 52-week high
minus 28.3%

Analyst consensus

21 analysts
BuyMean target ₹37,158.95 plus 33.7%

Target range, with today’s price

Low ₹30,100.00High ₹49,936.00

Today’s price ₹27,800.00 is below the lowest analyst target.

Consensus from Yahoo Finance. Not a recommendation.

Peers · Electrical Equipment & Parts

Capital-heavy industry columns

Compare with peersScreen the whole industry
Company
POWERINDIAHitachi Energy India27,800.00minus 1.42%1,23,911107.795.324.9%16.1%0.0222.2%plus 37.9%
CGPOWERCG Power and Industrial Solutions773.00minus 4.43%1,21,78588.672.519.3%13.1%0.0221.2%plus 8.2%
POLYCABPolycab India7,871.00plus 0.28%1,18,61337.529.030.4%13.6%0.0226.6%plus 3.8%
HAVELLSHavells India1,128.00plus 5.61%70,78942.630.022.1%9.1%0.029.9%minus 28.1%
APARINDSApar Industries14,106.00minus 9.65%59,06541.630.726.7%9.5%0.1217.0%plus 87.2%
KEIKEI Industries3,988.00minus 1.80%38,14336.129.918.7%11.0%0.0419.1%plus 1.8%
HONAUTHoneywell Automation India30,080.00minus 0.79%26,61347.035.715.7%13.8%0.0210.9%minus 17.5%
SCHNEIDERSchneider Electric Infrastructure1,063.40minus 6.37%25,426157.868.024.8%11.5%0.7117.6%plus 27.6%
Median of 7 peers–−1.80%59,06542.630.722.1%11.5%0.0217.6%3.8%

Quarterly results

Consolidated, ₹ crore
SalesSelect a row below to chart it
₹ CrMar 25Jun 25Dec 25Mar 26Jun 26
1,8401,4292,0212,7072,441
–––+47.1%+70.8%
1,6021,2651,6762,2602,018
238164345448423
12.9%11.5%17.1%16.5%17.3%
18.250.961.857.457.7
642.53.43.3
23.52526.626.928.5
19.9−9.4−30.2−31.5−60
247177348443390
25.5%25.6%24.8%25.5%24.5%
184132261330294
–––+79.7%+123.5%
43.1529.5358.6574.1465.99

Sep 25 not reported by the data source.

Profit & loss

Yearly, ₹ crore
Sales CAGR 3Y
+22.2%
Profit CAGR 3Y
+119.1%
EPS CAGR 3Y
+115.4%
ROE
21.0%
Net profitSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
4,3355,0966,2247,918
–+17.6%+22.1%+27.2%
4,0424,7315,6196,645
2923656051,274
6.7%7.2%9.7%16.1%
−40.6−9.39.7224
40.146.645.212.8
80.29091.4104
−0.52.637.9−59.5
1312225161,321
28.2%26.1%25.6%25.2%
93.9164384988
–+74.4%+134.4%+157.3%
22.1638.6490.36221.63

Forecast

Your assumptions, not a prediction

Balance sheet

At each financial year end, ₹ crore
Total assetsSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
8.58.58.98.9
1,2071,3514,2055,167
33421488.586.1
2,3693,1344,3116,782
3,9194,7078,61312,044
7317438191,257
50.680136445
–13.864133
1631281,2862,672
2,9743,7436,3097,537
3,9194,7078,61312,044

Cash flow

Yearly, ₹ crore
Cash from operationsSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
5.42521,4941,245
−11.8−88.7−110−271
83.7−1992,295−90.9
77.3−35.23,679883
−12−89.4−129−510
−6.61631,365735
−12.7−14.4−16.9−26.7

Shareholding pattern

Source: NSE filings
71.3%
promoters
  • Promoters71.31%
  • Public28.69%
  • As of 30 Sep 2026
QuarterSplitPromotersPublicPromoter change
30 Sep 202671.31%28.69%0.00
30 Jun 202671.31%28.69%0.00
31 Mar 202671.31%28.69%0.00
31 Dec 202571.31%28.69%0.00
30 Sep 202571.31%28.69%–

Major shareholders

NSE filing

Filings & events

News

No recent news coverage found.

My notes

Private to you