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HPL Electric & Power Ltd share Price Today

Company details

453.00
473.00
127.55
496.25
6M Return 112.91%
1Y Return 244.63%
Mkt Cap.(Cr) 2,931.76
Volume 377,424
Div Yield 0.22%
OI
-
OI Chg %
-
Volume 377,424

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Consumer Electronics company HPL Electric & Power announced Q4FY24 & FY24 results:

  • Revenue Growth: HPL reported a YoY revenue increase of 17% in Q4FY24, with revenues rising to Rs 42,409.28 lakh from Rs 36,275.30 lakh in Q4FY23. This quarterly increase contributed to an annual revenue growth of 15.74%, reaching Rs 1,460.86 crore in FY24, up from Rs 1,262.21 crore in FY23.
  • Gross Margin: HPL's gross margin improved by 198 basis points YoY in Q4FY24, reflecting a rise to 34.28% from 32.30% in Q4FY23. For the full year, the gross margin increased by 92 basis points to reach 34.23% in FY24 from 33.31% in FY23.
  • EBITDA Growth: For Q4FY24, HPL's EBITDA grew by 23.86% YoY to Rs 5,522.18 lakh, up from Rs 4,458.37 lakh in Q4FY23. This strong quarterly performance led to an annual EBITDA increase of 22.49%, with the amount rising to Rs 192.15 crore in FY24 from Rs 156.87 crore in FY23.
  • Profit After Tax: HPL's PAT increased by 21.74% YoY in Q4FY24, amounting to Rs 1,371.74 lakh compared to Rs 1,126.76 lakh in Q4FY23. Over the fiscal year, PAT rose by 44.22%, reaching Rs 43.63 crore in FY24, which underscores the company's operational efficiency and strategic focus.
  • Earnings per share: HPL's EPS increased by 21.71% YoY in Q4FY24, standing at Rs 2.13 compared to Rs 1.75 in Q4FY23. Over the fiscal year, EPS rose by 44.56%, reaching Rs 6.78 in FY24.

Gautam Seth, Joint Managing Director & CFO, articulated, "This fiscal year highlighted HPL's solid progress as a key player in the electrical equipment industry. FY24 demonstrated our financial growth and strategic expansion both domestically and internationally. Our focus on smart metering technologies and new market entries has established a foundation for sustained growth. We remain committed to advancing innovation and operational efficiency. Our strategy emphasizes market expansion, technological advancement, and strategic partnerships. The strong execution of orders from our extensive order book pipeline and the increase in production capacity have been essential in meeting the rising demand and strengthening our market presence. Additionally, our ongoing investment in R&D is embedded in HPL's culture, driving continuous improvement and keeping us at the forefront of technological developments."

Result PDF

View Other Company Results

HPL Electric & Power Ltd shares SWOT Analysis

Strengths (14)

  • Stock passes majority of CANSLIM Investment criteria
  • Strong Momentum: Price above short, medium and long term moving averages
  • Company with high TTM EPS Growth

Weakness (1)

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

Opportunity (2)

  • Highest Recovery from 52 Week Low
  • RSI indicating price strength

Threats (2)

  • High PE (PE > 40)
  • Increasing Trend in Non-Core Income

Resistance and support

R1 468.3
R2 480.7
R3 488.3
Pivot

460.65

S1 448.3
S2 440.7
S3 428.3
EMA SMA
439.1
406.5
367.2
310.2
430.5
401.6
363.9
296.1
Delivery and volume
CLIENT NAME DEAL TYPE ACTION DATE AVG. PRICE QUANTITY EXCHANGE
GRAVITON RESEARCH CAPITAL LLP Bulk Purchase 2024-06-18 473.26 323429 NSE
GRAVITON RESEARCH CAPITAL LLP Bulk Sell 2024-06-18 473.2 323429 NSE
GRAVITON RESEARCH CAPITAL LLP Bulk Purchase 2024-06-07 448.04 364762 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
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Profit after Tax
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P BV

HPL Electric & Power Ltd Stocks COMPARISON

Financials( in Cr) HPL Electric & Power Ltd Siemens Ltd ABB India Ltd CG Power & Industrial Solutions Ltd Bharat Heavy Electricals Ltd
Price 455.95 7,560.00 8,399.65 692.10 293.90
% Change -0.41 -0.45 -0.78 -1.38 -0.27
Mcap Cr 2,931.76 269,226.72 177,995.30 105,706.72 102,337.83
Revenue TTM Cr 1,262.21 19,553.80 10,446.52 6,972.54 23,364.94
Net Profit TTM Cr 30.25 1,961.90 1,242.05 962.97 477.39
PE TTM 67.60 115.86 122.56 125.55 363.70
1 Year Return 244.63 104.36 96.01 85.10 250.72
ROCE 8.68 20.44 30.39 40.59 2.44
ROE 3.88 15.89 22.82 34.91 1.54
INSIDER & INSTITUTIONAL ACTIVITY

Equity Capital: 812.77 Cr FV: 10.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 35,250.36 12,225.60
LAST 3M 101,874.04 -10,752.44
LAST 6M 185,874.25 -8,535.59
LAST 12M 295,924.08 102,799.24

HPL Electric & Power Ltd Information

Stock PE (TTM)
67.6
Promoter Holding
72.66%
Book Value
128.8063
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 Jun 25, 2024 03:58 PM the closing price of HPL Electric & Power Ltd was Rs.455.95.

The latest PE ratio of HPL Electric & Power Ltd as of Jun 25, 2024 03:58 PM is 67.60

The latest PB ratio of HPL Electric & Power Ltd as of Jun 25, 2024 03:58 PM is 0.28

The 52-week high of HPL Electric & Power Ltd share price is Rs. 496.25 while the 52-week low is Rs. 127.55

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 Jun 25, 2024 03:58 PM, the market cap of HPL Electric & Power Ltd stood at Rs. 2,931.76 Cr.

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