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HPL Electric & Power share price & results

HPL Electric & Power Limited· Capital Goods· Industrials

Results to
Jun 2026
Latest analysed call
Q1 FY27
Ownership as of
Sept 2026

Makes electric meters, switchgear, lighting, wires & cables and fans for Indian utilities and consumers.

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Reported

The figures, each with its period

Each figure keeps its basis and period; nothing is filled in.

MetricValueChangeBasisPeriodNote
Revenue513 ₹ crore+29.2% YoYQuarterly, as filedQuarter to Jun 2026Revenue from operations as filed.
Operating margin12.0 %−2.0 pts YoYOperating profit / revenueQuarter to Jun 2026For the quarter; a change is in percentage points.
Net profit18.0 ₹ crore+5.9% YoYQuarterly, as filedQuarter to Jun 2026Profit after tax as filed.
Return on equity10.00 %−1.0 ptsFY Mar 2026 vs FY Mar 2025Trailing twelve monthsTTM to Jun 2026Adjusted profit attributable to owners ÷ average owners’ equity.
Free cash flow margin2.37 %−1.2 ptsFY Mar 2026 vs FY Mar 2025Fiscal yearFY ending Mar 2026(Operating cash flow − fixed-asset purchases + disposals) ÷ revenue.
Revenue growth (YoY)14.97 %−9.8 ptsFY Mar 2026 vs FY Mar 2025Trailing twelve monthsTTM to Jun 2026Revenue change against the same period one year earlier.

Source: Inve data from filed results; ratios from the Screener-verified panel · to Jun 2026

Guidance

What management said, and what became of it

0 of 9 judged targets kept · 5 open · verdicts reflect calls analysed to Q1 FY27.

HPL Electric & Power Limited management guidance track record on Inve: 14 targets tracked across analysed earnings calls (0 achieved, 9 missed, 5 open).

TargetOriginal wordingSaidLatest callVerdict
Retail Outlets100,000 by June 2025
Call transcript, Q3 FY25 · 20 Feb 2025		Q3 FY25Q1 FY27:The company reports its retail network is at 85,000 retailers, showing no progress from the 'more than 85,000' reported in Q1 FY26. The target remains missed.
Call transcript, Q1 FY27 · 11 Aug 2026		Missed
C&I Revenuecross ₹1,000 crore in revenues by FY28
Call transcript, Q1 FY26 · 20 Aug 2025		Q1 FY26Q1 FY27:C&I segment reported its highest ever quarterly revenue of ₹278 crore. This puts the company on a strong trajectory to exceed the accelerated target of ₹1,000 crore for FY27.
Call transcript, Q1 FY27 · 11 Aug 2026		On Track

Source: Inve Guidance Tracker for HPL Electric & Power Limited · to Q1 FY27

A verdict describes what became of management’s own words in later analysed calls. “Delayed” is a change of date, “went quiet” a target the calls stopped mentioning. None of it is a judgement on the investment. The methodology sets out how verdicts are recorded.

9 of HPL Electric & Power Limited's 14 targets were missed. See which ones, and which are quietly gone. The 2 above are the free sample; 12 more targets are in the full ledger.

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Price

₹235.4 +3.59% · +₹8.15

Last close 27 Oct 2026 · NSE · INR · Source: Inve

Performance −47.1% 1Y

₹250₹300₹350₹400₹450Oct 25Dec 25Jan 26Mar 26Apr 26Jun 26Jul 26Sept 26Oct 26Q2 FY26 — 18 Nov 2025Q3 FY26 — 9 Feb 2026Q4 FY26 — 17 Jun 2026Q1 FY27 — 11 Aug 2026

1Y: ₹445.1 on 24 Oct 2025 → ₹235.4. High ₹465.4 (17 Nov 2025), low ₹227.25 (26 Oct 2026).

Previous close
₹227.25
Market cap
₹1.5k Cr
52-week range
₹227.25 – ₹465.4
One year
−46.40%
Price to earnings (TTM to Jun 2026)
15.26×
Return on equity (TTM to Jun 2026)
10.00%

Overview

Symbol
NSE:HPL
Industry
Industrials
Exchange
NSE
Currency
INR

What HPL Electric & Power Limited does

Based on the company's own presentations, annual report and earnings calls.

HPL Electric & Power Limited is a low-voltage electrical equipment manufacturer with two operating verticals: Metering, Systems & Services, which supplies smart, prepaid, trivector and net meters mainly to power utilities and AMISPs (B2B/institutional), and Consumer, Industrial & Services, which sells switchgear, lighting products, wires & cables and fans to retail, institutional and utility customers (B2C/B2B). It designs and manufactures products in-house across its own plants and R&D centres, and reaches customers through a pan-India dealer-retailer network plus exports. The company has also begun a strategic extension into smart water metering under the Neeram Pulse brand, leveraging its existing metering R&D and manufacturing base.

Segments

  • Metering, Systems & Services
  • Consumer, Industrial & Services
Manufacturing facilities
7 plants across Gurugram, Kundli and Gharaunda (Haryana) and Jabli (Himachal Pradesh)
Installed capacity — electronic/smart meters
11 million units per annum
Installed capacity — wires & cables
194 million meters per annum
Installed capacity — lighting equipment
26 million units per annum
Installed capacity — switchgear
16 million units per annum
R&D centres
2 centres (Gurugram and Kundli) staffed by 100+ electrical engineers
Founded 1992Headquarters New Delhi, India Company website

How the price took the results

close before → close after

Q1 FY27
−3.9%
11 Aug
Q4 FY26
+0.8%
17 Jun
Q3 FY26
+9.6%
9 Feb
Q2 FY26
−2.7%
18 Nov

The move from the last close before each results date to the first close after it — the market's first read on the quarter, not the quarter itself.

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