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HPL Electric & Power Ltd share Price Today

Company details

313.55
331.00
75.80
396.80
6M Return 45.42%
1Y Return 314.54%
Mkt Cap.(Cr) 2,035.10
Volume 290,081
Div Yield 0.32%
OI
-
OI Chg %
-
Volume 290,081

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Heavy Electrical Equipment company HPL Electric & Power announced Q3FY24 & 9MFY24 results:

  • Revenue from operations for 9MFY24 reached Rs 1,036.77 crore, showing a YoY growth of 15.27%.
  • Metering & Systems segment witnessed a significant growth of 28% YoY, reaching Rs 215.92 crore in Q3FY24 from Rs 168.79 crore in Q3FY23.
  • Consumer & Industrial segment revenue increased by 13% YoY to Rs 149.65 crore in Q3FY24 from Rs 132.79 crore in Q3FY23.
  • EBITDA for 9MFY24 amounted to Rs 136.93 crore, reflecting a growth of 22% YoY.
  • Reported PAT (Profit After Tax) for 9MFY24 stood at Rs 29.91 crore, showcasing a notable growth of 57.57% YoY.
  • Revenue from Operations in Q3FY24 reached Rs 365.57 crore, indicating a growth of 21.22% YoY.
  • EBITDA for Q3FY24 amounted to Rs 49.71 crore, reflecting a growth of 35.16% from Rs 36.78 crore in Q3FY23. Additionally, EBIDTA margin improved to 13.60% in Q3FY24, showing an enhancement of 140 basis points (bps) from 12.20% in Q3FY23.
  • Reported PAT for Q3FY24 stood at Rs 11.95 crore, showcasing robust growth of 87.14% from Rs 6.38 crore in Q3FY23. Moreover, the PAT margin improved by 3.37% in Q3FY24, up by 115 bps.
  • The company boasts an order book of over Rs 2,400 crore.

Gautam Seth, Joint Managing Director & CFO of HPL Electric & Power, commented on the company's financial performance, saying, “The cornerstone of our success this year so far has been our agile response to the fast-transforming power sector, coupled with secular growth across our metering and consumer and industrial segments. This comprehensive growth is supported by the trust AMISPs have in our metering solutions and products.

Our strategic emphasis on cost competitiveness and innovation continues to be crucial in winning and securing large orders. Our current order book, which stands at over Rs 2,400 crore, is a testament to the market's confidence in our capabilities.

Moreover, our ongoing efforts to expand our channel network are aiding us in reaching new markets and customers, further enhancing our growth prospects and market presence. Looking ahead, we expect a good fourth quarter, setting a solid foundation as we enter into the next financial year.”

Result PDF

View Other Company Results

HPL Electric & Power Ltd shares SWOT Analysis

Strengths (12)

  • MACD Crossover Above Signal Line
  • Company with high TTM EPS Growth
  • Good quarterly growth in the recent results

Weakness (1)

  • Declining Net Cash Flow : Companies not able to generate net cash

Opportunity (1)

  • Highest Recovery from 52 Week Low

Threats (1)

  • High PE (PE > 40)

Resistance and support

R1 327.2
R2 337.8
R3 344.6
Pivot

320.35

S1 309.7
S2 302.9
S3 292.3
EMA SMA
315.9
309.0
283.2
240.3
317.6
317.8
274.3
235.2
Delivery and volume
CLIENT NAME DEAL TYPE ACTION DATE AVG. PRICE QUANTITY EXCHANGE
SETU SECURITIES PVT LTD Bulk Purchase 2023-07-18 227.36 343360 NSE
SETU SECURITIES PVT LTD Bulk Sell 2023-07-18 230.9 285907 NSE
GRAVITON RESEARCH CAPITAL LLP Bulk Purchase 2023-07-05 173.95 803344 NSE
Name Category Shares
LALIT SETH PROMOTER 12.49%
GAUTAM SETH PROMOTER 3.47%
RISHI SETH PROMOTER 3.47%
PRAVEEN SETH PROMOTER 3.32%
HPL INDIA LIMITED PROMOTER 27.33%
HAVELLS ELECTRONICS PVT LTD PROMOTER 18.12%
HAVELLS PRIVATE LIMITED PROMOTER 4.42%

FINANCIALS

Sales
Operating Profit
Profit after Tax
Equity
Reserves and Surplus
Debt
Sales
Operating Profit
Profit after Tax
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HPL Electric & Power Ltd Stocks COMPARISON

Financials( in Cr) HPL Electric & Power Ltd Siemens Ltd ABB India Ltd Bharat Heavy Electricals Ltd CG Power & Industrial Solutions Ltd
Price 316.50 5,374.05 6,360.85 247.30 540.90
% Change -2.91 1.61 1.30 1.73 -1.39
Mcap Cr 2,035.10 191,380.67 134,791.50 86,111.42 82,610.79
Revenue TTM Cr 1,262.21 19,553.80 8,567.53 23,364.94 6,972.54
Net Profit TTM Cr 30.25 1,961.90 1,016.23 477.39 962.97
PE TTM 49.49 95.54 108.04 0.00 96.08
1 Year Return 314.54 63.36 91.33 248.06 88.01
ROCE 8.68 20.44 22.87 2.44 40.59
ROE 3.88 15.89 17.01 1.54 34.91
INSIDER & INSTITUIONAL ACTIVITY

Equity Capital: 812.77 Cr FV: 10.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 29,068.81 33,709.58
LAST 3M 68,518.10 30,558.15
LAST 6M 130,081.93 64,349.19
LAST 12M 189,941.35 208,211.24

HPL Electric & Power Ltd Information

Stock PE (TTM)
49.49
Promoter Holding
72.66%
Book Value
126.1772
ROCE
8.68%
ROE
3.88%
Description
  • HPL Electric & Power Limited is a well-established player in the electric equipment industry. The company offers a comprehensive product portfolio spread across four verticals - metering, switchgear, lighting, and wires & cables, catering to the industrial, commercial and household demand for electrical equipment. Enjoying a leadership position in energy meters and in on-load changeover switchgear, HPL holds 20% and 50% market share respectively in these segments. Over the years, HPL has emerged as the 5th largest manufacturer in the LED lighting sector in India. The company has a strong distribution network of over 27,000 retailers and over 2,000 dealers and distributors spread across the country. The company has seven manufacturing units, equipped with state-of-the-art machineries, spread across the two states of Haryana and Himachal Pradesh. Approved by the Department of Scientific & Industrial Research and Ministry of Science & Technology, the company also has two state-of-the-art Research and Development (R&D) centres located at Kundli and Gurgaon. During the financial year ended 31 March 2017, HPL Electric & Power`s investment in the Debentures subscribed in Himachal Energy Private Limited was converted into equity shares. Post conversion of 1,50,00,000 debentures held by the company in Himachal Energy Private Limited, the company now hold 97.15% of the total equity share capital of Himachal Energy Private Limited. Accordingly, Himachal Energy Private Limited became subsidiary of the company on May 9, 2016. Himachal Energy Private Limited is engaged in the business of manufacturing of energy meters, kilowatt meters, trivector and multifunction meters and other related activities. In September 2016, HPL Electric & Power came out with public issue of Rs 361 crore, which got over whelming response, resulting in over subscription of around 9 times. The company`s shares got listed on the trading terminals of the National Stock Exchange of India Limited and the BSE Limited with effect from October 4, 2016. For the financial year ended 31 March 2017, HPL Electric & Power`s business in all sectors was very challenging due to demonitisation & fewer tenders of meters from Electricity Boards during the year, resulting in reduced sales volume as well as profitability of company. During the year, the company added a new product namely Automatic Transfer Switch in its bucket of Switchgear products. The product is user friendly from application point of view & easy to service. HPL Electric & Power`s overall order book rose 43% on YoY basis to Rs 531 crore as on 31 March 2018, led by 67% growth in metering orders. The company witnessed an improved financial performance in Q4 March 2018 driven by growth across all business segments. It has noted a very positive business trend marked by stronger H2 FY 2018 compared to H1 FY2018. During the financial year ended 31 March 2018, the company developed two new products, viz. Automatic Transfer Switch (40~125A) & Double Break type MCCB (up to 250A). ATS (40~125A) was successfully developed and commercialized too during the FY 2017-18.

Registered Address

1/20 Asaf Ali Road, , New Delhi, New Delhi, 110002

Tel : 91-11-23234411
Email : hplcs:hplindia.com
Website : http://www.hplindia.com
Registrar

KFin Techologies Ltd

AGM Date (Month) : Sep
Face Value Equity Shares : 10
Market Lot Equity Shares : 1
BSE Code : 540136
NSE Code : HPL
Book Closure Date (Month) : Sep
BSE Group : B
ISIN : INE495S01016

FAQ’s on HPL Electric & Power Ltd Shares

You can buy HPL Electric & Power Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy HPL Electric & Power Ltd Share.

Company share prices and volatile and keep changing according to the market conditions. As of Mar 28, 2024 03:58 PM the closing price of HPL Electric & Power Ltd was ₹ 316.50.

Market capitalization or market cap is determined by multiplying the current market price of a company’s shares with the total number of shares outstanding. As of Mar 28, 2024 03:58 PM, the market cap of HPL Electric & Power Ltd stood at ₹ 2,035.10.

The latest PE ratio of HPL Electric & Power Ltd as of Mar 28, 2024 03:58 PM is 49.49

The latest PB ratio of HPL Electric & Power Ltd as of Mar 28, 2024 03:58 PM is 0.40

The 52-week high of HPL Electric & Power Ltd share price is ₹ 396.80 while the 52-week low is ₹ 75.80

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