Fin Cascade

Prices as of 9 Oct 2026 close · Not investment advice

HPL Electric & Power Limited

NSE: HPLIndustrial Products

Share price

₹257.90

+0.57% close of 9 Oct 2026

Market cap ₹1,651 CrP/E 17.3

Price-based ratios (P/B, dividend yield, EV/EBITDA) are as of 8 Oct 2026, the close above is 9 Oct 2026.

Business score

How strong the business is, in one number. The parts behind it are in Pro.

69

out of 100 · worked out 9 Oct 2026

How the business score works

Your ratios

The numbers you want to see first. Tap Edit to change them.

Market cap

₹1,651 Cr

P/E ratio

17.3

P/B ratio

1.7

ROCE

13.5%

ROE

9.9%

Dividend yield

0.4%

Price & valuation chart

How the share price and its valuation have moved. Hover over the chart to see any day. Prices as of the last close.

Prices as of 9 Oct 2026 close52-week high ₹465.4052-week low ₹256.45

Answers

Simple answers to the questions investors ask most, from the company's own numbers.

How fast it has been growing

Sales grew 15.0% over the past year, and 5.8% a year over its longer record. Meanwhile what it keeps of every 100 rupees of sales improved from 12.9% to 14.8% over the last four years.

Whether it grew faster than its sector

It grew 5.8% a year against a sector median of 10.6% — 4.8 percentage points slower.

Room to re-rate, or risk of de-rating

At 17.3× earnings against a market that pays 24.1× across 2199 companies we can price. Its own industry sits at 89.5×, across 5 companies. It is against its own five-year median of 35.0×, the 11th percentile of its own range.

Whether growth justifies the valuation

Priced at 0.4 times its growth rate, on earnings growth of 47%.

Profit growthPrice per ₹1 profitPer 1% growth
HPL Electric & Power Limited — this one47%/yr17.3×₹0.37
INDOMIM8%/yr107.0×₹13.4
Aditya Infotech Limited48%/yr105.3×₹2.2
Syrma SGS Technology Limited39%/yr89.5×₹2.3
Honeywell Automation India Limited7%/yr53.0×₹7.6
Jyoti CNC Automation Limited157%/yr69.6×—

Compared with companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

How it compares with its peers

Against companies the exchange files under the same label (Industrial Products), it ranks 37 of 75 on returns, 59 of 75 on growth, 27 of 75 on margin. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

What makes it hard to beat — and is that still true?

A narrow advantage: it earns 13.5% on capital, ahead of 51% of companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

Whether its growth pays for itself

Yes — Over the last five years it made ₹669 crore of cash from the business, spent ₹424 crore on plant and equipment, and returned ₹254 crore to lenders and shareholders. And the profit is real: of every 100 rupees it reported over 12 years, about 230 arrived as cash — well above the profit; depreciation and interest are the reason, not a windfall. Its cash comes back faster than it used to: it went from being waiting 95 days for its cash to waiting 75 days for its cash.

Profit reality check

Is the profit real cash? Simple checks on the accounts. Facts only, not advice.

9 of 10 checks clear · 90%

How the profit check works

Latest result · Q1 FY27

What the last results showed. Whether management kept its word is in Pro.

Announced 10 Aug 2026 · Consolidated · Unaudited

Revenue

₹515 Cr

Revenue vs last year

+34.5%

Revenue vs last quarter

-0.9%

Net profit

₹19 Cr

Profit vs last year

+3.9%

Profit vs last quarter

-39.7%

Net margin

3.6%

EPS

₹2.90

Earnings call transcript · 11 Aug 2026

Checklist before you investPRO

Points for and against, in one list.

Key numbers & peers

The main numbers grouped by topic, and how the company compares with similar ones.

Price

Market cap
₹1,651 Cr
Prev close
₹257.90
52w High
₹480
52w Low
₹254
Enterprise value
₹2,325 Cr
Beta
1.7
Price CAGR 1y
-41.0%
Price CAGR 3y
8.0%
Price CAGR 5y
30.0%
Price CAGR 10y
4.0%

Ratios

Return on assets
3.8%
PEG ratio
0.4
P/E ratio
17.3
P/B ratio
1.7
EV / EBITDA
8.1
Industry P/E
36.1
ROCE
13.5%
ROCE 5y average
10.6%
ROE
9.9%
Debt / Equity
0.8
Interest coverage
2.3
Dividend yield
0.4%
ROE 3y average
9.0%
ROE last year
10.0%

Annual P&L

Annual revenue
₹1,811 Cr
Annual profit
₹91 Cr
Operating margin
16.0%
Net profit margin
5.0%
EBITDA margin
15.6%
Sales growth 3y
12.8%
Sales growth 5y
15.7%
Profit growth 3y
47.0%
Profit growth 5y
57.0%
EPS
₹14.2
Sales growth TTM
15.0%
Profit growth TTM
0.0%
Dividend payout
7.0%

Quarter P&L

Sales latest quarter
₹515 Cr
Profit latest quarter
₹19 Cr
YoY quarterly sales growth
34.5%
YoY quarterly profit growth
5.6%
OPM latest quarter
12.3%

Balance Sheet

Book Value
₹156
Face Value
₹10.0
Total debt
₹755 Cr
Total cash
₹81 Cr
Borrowings
₹755 Cr
Reserves / Equity
14.6

Cash Flow

Operating cash flow
₹226 Cr
Free cash flow
₹10 Cr
FCF yield
-5.1%
Net cash flow
₹20 Cr

Shareholding

Promoter holding
72.7%
FII holding
0.8%
DII holding
0.1%
Public holding
26.5%

Peer comparison

CompanyPrice ₹P/EMkt cap ₹ CrDiv yield %Profit qtr ₹ CrProfit var %Sales qtr ₹ CrSales var %ROCE %
Indo-MIM1,359.90104.267,2440.00240.131.61,218.79.425.0
Aditya Infotech4,064.90104.449,8470.04142.2332.51,402.489.528.6
Syrma SGS Tech.1,746.7090.733,6820.09105.7101.21,588.668.316.8
Honeywell Auto33,345.0052.729,4770.33150.720.91,204.41.816.9
Jyoti CNC Auto.1,071.0075.724,3570.0057.1-20.0508.524.021.3
Kaynes Tech3,365.0065.122,6200.0056.4-24.4946.040.512.7
LMW16,819.0098.417,9680.2155.5369.2860.724.05.6
HPL Electric266.3018.01,7120.3818.71.3515.234.513.5
Median347.4836.06710.005.731.675.023.616.1

Competes with: Aditya Infotech Limited, Honeywell Automation India Limited, INDOMIM, Jyoti CNC Automation Limited, Kaynes Technology India Limited, LLOYDS ENGINEERING WORKS LIMITED, LMW Limited, Syrma SGS Technology Limited, Tega Industries Limited

Quarterly results

Sales and profit for each of the last 13 quarters. Newest on the right. ₹ crore.

Consolidated · to 30 Jun 2026
Line itemJun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales321350366424393422392493383434474520515
Expenses281303316369337362337410325369402434452
Material Cost342250286296351391
Change in Inventories-19-13-1016-16-32
Purchases of Stock-in-Trade000000
Employee Cost515355525458
Other Expenses373538394535
Operating Profit40475055566156825866728663
OPM %12131413141414171515151712
Other Income1112111211-522
Exceptional items (within Other Income)000-5.4500
Interest22222224242221232324262222
Depreciation99912101111111213152418
Profit before tax11171921232924512530264225
Tax %36353736262626272627252626
Net Profit7111214172218371822203119
EPS in Rs1.081.711.862.132.653.352.815.782.873.463.024.802.90
Diluted EPS in Rs5.782.873.463.024.802.90

Profit & loss

Yearly sales, costs and profit for 12 years, plus the last 12 months (TTM). ₹ crore.

Consolidated · to 31 Mar 2026
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales1,0471,1169861,0361,1589778751,0141,2621,4611,7001,8111,943
Expenses9229758629261,0258517568891,1051,2681,4451,5291,657
Material Cost1,2231,183
Change in Inventories-118-24
Purchases of Stock-in-Trade00
Employee Cost199214
Other Expenses142157
Operating Profit125141124110134126119125157193255282287
OPM %12131311121314121213151615
Other Income55544444434-10
Exceptional items (within Other Income)0-5.45
Interest70786851586164687590909494
Depreciation16192423323745473839426370
Profit before tax44483740483114144768128123124
Tax %212430323228274435362626
Net Profit3537262833221083044949191
EPS in Rs197.894.014.275.063.391.551.214.696.77151414
Diluted EPS in Rs1514
Dividend Payout %113723441012211577

Compounded growth

Average yearly growth over different spans, as stored. A span can cross a demerger or an acquisition.

Compounded sales growth

10 years
5%
5 years
16%
3 years
13%
TTM
15%

Compounded profit growth

10 years
10%
5 years
57%
3 years
47%
TTM
0%

Stock price CAGR

10 years
4%
5 years
30%
3 years
8%
1 year
-41%

Return on equity

10 years
5%
5 years
7%
3 years
9%
Last year
10%

Balance sheet

What the company owns and what it owes, at the end of each year. ₹ crore.

Consolidated
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital194664646464646464646464
Reserves300308624640664684694700729764851936
Borrowings514579376486526586582597600627639755
Other Liabilities308405363331266234250276307419540643
Minority Interest2.102.35
Total Liabilities1,1411,3381,4271,5211,5211,5691,5901,6381,7011,8742,0952,398
Fixed Assets307335399425453494464447451461498614
CWIP030073210910841
Investments155400000000010
Other Assets8199471,0281,0951,0601,0721,1241,1811,2411,4031,5891,733
Total Assets1,1411,3381,4271,5211,5211,5691,5901,6381,7011,8742,0952,398

Cash flows

Real money coming in and going out each year — from the business, from investments and from loans. ₹ crore.

Consolidated
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity27103320836385101104100138226
Cash from Investing Activity-39-92-51-59-57-60-8-41-40-39-70-223
Cash from Financing Activity20-144940-29-3-71-58-74-72-6616
Net Cash Flow8-312-3-062-10-11220
Free Cash Flow-1646-52-4222-172576157609.83

Ratios

How fast customers pay, how long stock sits, and how well capital earns — year by year.

Consolidated
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days140168174165148173214182174174153154
Inventory Days157156211227199262293283211218230236
Days Payable125164148154104104126128100116142169
Cash Conversion Cycle173160236237244332381337285276241221
Working Capital Days24227663607910395901038275
ROCE %151411897669111413

Shareholding pattern

Who owns the company — founders (promoters), foreign funds, Indian funds and the public. In %.

Consolidated · to 30 Jun 2026
Line itemSep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters737373737373737373737373
FIIs000.240.740.510.580.310.700.340.280.510.75
DIIs0.230.230.320.230.230.230.260.300.190.100.100.10
Public272727262727272627272727
No. of Shareholders73,57578,5111,15,8261,25,0851,42,9071,45,2251,47,6031,40,9161,39,6311,35,7271,26,7441,22,523

Price trend

The price as a Renko brick chart: small moves drop out so the bigger path stands out.

Change over 1 year -42.1% (₹445.55 → ₹257.90)Brick size ₹9.16 (fixed)Bricks 76
₹300₹400₹258Nov '25Jan '26Mar '26May '26Jul '26Sep '26
Price moved up one brickPrice moved down one brickLast close ₹257.90 on 9 Oct 2026

Every brick is the same size, about one typical day's move. A new brick needs a full brick's move; turning the other way needs two. Bricks show where the price went, not where it will go.

Open interestPRO

Where option traders are positioned on this stock.

Industry numbers

The numbers that matter most in this industry, from the company's own filings.

1 when an audit qualification is filed as repetitive

0.00flag

2026-03-31

the company's own unlisted debt securities in default at period end

0.00cr

2026-06-30

the company's own loans / revolving facilities in default at period end (standalone filing)

0.00cr

2026-06-30

net debt from the filed balance sheet at the newest year end: Borrowings − Cash Equivalents − Investments (Current); negative = net cash

674inr_cr

2026-03-31

guarantees / comfort given for promoter, promoter group, directors and KMP

0.00cr

2026-03-31

loans outstanding to promoter, promoter group, directors and KMP (governance filing)

0.00cr

2026-03-31

security given for the borrowing of promoter, promoter group, directors and KMP

0.00cr

2026-03-31

FY revenue / permanent employees + workers, same basis (calc)

1,29,20,701inr

2026-03-31

News

News and filings about HPL Electric & Power Limited. Open one to see why it matters.

No recent news for this company.

Supply chain

Who it buys from, sells to and competes with — as recorded in our map of company links.

Uses as raw material

  • Aluminium
  • Copper
  • Electronic components (meter ICs, boards)
  • Engineering plastics / polycarbonate / PVC compounds
  • Packing material

Depends on the price of

  • Crude Oil Brent
  • aluminium
  • copper

Sells to

About

What the company is, from our own records: where it sits, where it makes things, and what it is made of.

Sector
Capital Goods
Industry
Industrial Products
Classification
Capital Goods › Industrial Products
ISIN
INE495S01016

Business segments

  • Metering, Systems & Services · 57%
  • Consumer, Industrial & Services · 43%

Plants

  • Gharaunda Facility · Gharaunda, Karnal, Haryana
  • Gurugram Facility I · Gurugram, Haryana
  • Gurugram Facility II · Gurugram, Haryana
  • Jabli Facility 1 · Jabli, Solan, Himachal Pradesh
  • Jabli Facility 2 · Jabli, Himachal Pradesh
  • Kundli Facility · Kundli, Sonipat, Haryana
  • Sonepat Facility · Sonipat, Haryana

News impact

Big market events that reach HPL Electric & Power Limited, and how the effect spreads.

No recent market events reach this company.

Dividends, splits & big trades

Money paid out, share splits and buybacks, and big buys or sells by funds and insiders.

Dividends

17 Sep 2026unspecified₹1
22 Sep 2025unspecified₹1
23 Sep 2024unspecified₹1
22 Sep 2023unspecified₹1
22 Sep 2022unspecified₹0.15
22 Sep 2021unspecified₹0.15
22 Sep 2020unspecified₹0.15
18 Sep 2019unspecified₹0.2

Splits, bonuses & buybacks

  • daily-prices repair: 9 rows from NSE's archive (replace 1, delete 1, insert 7), 2016-10-30..2026-02-01 (docs/flat_day_repair.md)1× · 30 Oct 2016

Documents

Annual reports, results presentations and earnings calls, straight from the source.

Facts from company filings and exchange data. Not investment advice: nothing here tells you to buy or sell.