Indian subsidiary of Hitachi Energy making transformers, HVDC and grid systems for power transmission
Price
Market Cap
Sector
Industrials
Rank
| Line item | FY21 | FY22 | FY22 | FY23 | FY24 | FY25 | FY26 | FY26 |
|---|---|---|---|---|---|---|---|---|
| LiabilitiesEquity Capital | 8 | — | 8 | 8 | 8 | 9 | 9 | 9 |
| Reserves | 924 | — | 1.1k | 1.2k | 1.4k | 4.2k | 4.6k | 5.2k |
| Borrowings | 39 | — | 190 | 334 | 214 | 88 | 84 | 86 |
| Other Liabilities | 2.5k | — | 2.2k | 2.4k | 3.1k | 4.3k | 5.1k | 6.8k |
| Total Liabilities | 3.5k | — | 3.5k | 3.9k | 4.7k | 8.6k | 9.8k | 12.0k |
| AssetsFixed Assets | 656 | — | 653 | 713 | 695 | 717 | 697 | 952 |
| CWIP | 32 | — | 118 | 49 | 63 | 90 | 117 | 85 |
| Investments | 0 | — | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 2.8k | — | 2.8k | 3.2k | 4.0k | 7.8k | 8.9k | 11.0k |
| Total Assets | 3.5k | — | 3.5k | 3.9k | 4.7k | 8.6k | 9.8k | 12.0k |
| Line item | FY20 | FY21 | FY22 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | -73 | 610 | -127 | -127 | 5 | 252 | 1.5k | 1.2k |
| Cash from Investing | -73 | -89 | -167 | -167 | -12 | -89 | -110 | -271 |
| Cash from Financing | 333 | -390 | 61 | 61 | 84 | -199 | 2.3k | -91 |
| SummaryCapital Expenditure | — | — | — | — | — | — | — | — |
| Free Cash Flow | -146 | 519 | -294 | -294 | -7 | 163 | 1.4k | 735 |
| FCF Margin | — | — | — | — | — | — | — | — |
This looks cyclical, and we don't have enough quarters to establish a through-cycle earnings base. Valuing it off the current point in the cycle would be misleading.
POWERINDIA · CYCLICAL_UNMODELABLE
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