Hitachi Energy India Reports 2.6x Surge in FY26 Profit, Announces ₹4,000 Crore Expansion
The power equipment manufacturer posted net profit of ₹987.8 crore on revenue of ₹8,147.7 crore, while unveiling plans for a new transformer facility in Gujarat.
Strong Financial Performance Amid Grid Infrastructure Expansion
Hitachi Energy India Limited reported a 2.6-fold increase in profit after tax to ₹987.80 crore for the financial year ended March 31, 2026, according to its integrated annual report filed with stock exchanges (Other Financials filing, 2026-07-31). Revenue from operations climbed 27.60% year-over-year to ₹8,147.70 crore, driven by what the company described as "a favorable product mix and increased export momentum."
Earnings per share reached ₹165.60 for the fiscal year, while EBITDA stood at ₹1,168.11 crore (Other Financials filing, 2026-07-31). The company generated operating cash flow of ₹1,244.80 crore and deployed ₹320.30 crore in capital expenditure during the period.
Major Manufacturing Investment Announced
The Mumbai-headquartered company disclosed plans for a cumulative capital expenditure of ₹4,000 crore, including an investment of ₹2,000 crore to establish a greenfield large power transformers facility in Karjan, Vadodara, Gujarat (Other Financials filing, 2026-07-31). This investment comes in addition to previously announced capital expenditure from October 2024.
The filing noted that the company "commissioned India's first HVDC city center infeed in Mumbai - a testament to its strong on-time execution" during the fiscal year (Other Financials filing, 2026-07-31).
Record Order Book Provides Revenue Visibility
Hitachi Energy India reported receiving orders worth ₹18,456.47 crore during FY26, resulting in an order backlog of ₹20,500 crore as of March 31, 2026 (Other Financials filing, 2026-07-31). The company stated this order book provides "strong revenue visibility for the coming quarters."
Shareholder equity increased to ₹5,176.00 crore, while the company's balance sheet showed total assets of ₹9,862.48 crore as of March 31, 2026 (Other Financials filing, 2026-07-31).
Dividend and AGM Details
The board of directors recommended a final dividend of ₹8 per share of face value ₹2 each, representing a 400% payout, subject to shareholder approval at the annual general meeting (Other Financials filing, 2026-07-31). According to MarginX data, the ex-dividend date is scheduled for August 21, 2026.
The company's seventh annual general meeting is scheduled for August 28, 2026, at 11:00 a.m. IST at Sheraton Grand Bangalore Hotel (Other Financials filing, 2026-07-31). The integrated annual report was dispatched to shareholders on July 31, 2026, through electronic mode.
Strategic Positioning
The company positioned its performance within India's broader energy infrastructure buildout, stating it is "enabling a cleaner, more flexible and secure power grid" aligned with India's "One Nation, One Grid, One Frequency" network (Other Financials filing, 2026-07-31).
MarginX data shows the company is scheduled to report first-quarter fiscal 2027 results on August 7, 2026, with a board meeting and earnings call planned for the same date.
This article was generated by MarginX from the Other Financials filing on 2026-07-31. It is not investment advice.