HE

Hitachi Energy India Ltd

Q1 FY27Electrical Equipment

Hitachi Energy India Q1 FY27 earnings call: Revenue & Margins

Q1 FY27 earnings call: what management guided on revenue, margins and order book.

Price₹33,240
Market cap₹1.5L Cr
P/E127.9
Updated25 Aug 2026
Read4 min read

What the Q1 FY27 call signalled

3 of 4 strong

RevenueGood growth
MarginMargins steady
CapexCapex planned
Order bookOrder book rising

The short version

Strong order backlog of INR 32,222.1 crs providing good revenue visibility for coming quarters. Strong start to FY27 with robust execution and a growing order backlog supporting revenue visibility.

From Hitachi Energy India Ltd's Q1 FY27 earnings-call transcript · updated 25 Aug 2026.

Revenue & Sales Performance

Good growth
  • Strong order backlog of INR 32,222.1 crs providing good revenue visibility for coming quarters.
  • Robust execution of order backlog led to 68.6% YoY revenue growth in Q1 FY27.
  • Growth driven by key sectors: transmission projects, renewable energy evacuation, data centers.
  • Increasing focus on Battery Energy Storage Systems (BESS) and grid integration solutions.
  • Emerging opportunities in data centers and renewable sectors expected to fuel demand.
  • Continued investments in capacity expansion, technology leadership, and talent development.
  • Domestic battery energy storage market expected to grow strongly, supported by government mandates.
  • Export orders contribute about 25%-26% and expected to sustain.

2 more points management made on revenue & sales performance

Profitability & Margins

See what Hitachi Energy India Ltd said on profitability & margins — free account, 30 seconds.

Capital Expenditure Plans

Capex planned
  • Construction of Hitachi Energy India’s 20th manufacturing facility in Karjan, Vadodara began in June 2026, targeting commissioning by December 2028.
  • The new Karjan facility will be a fully digital and smart manufacturing unit designed to enhance quality, productivity, and operational performance.
  • Capex aims to increase capacity and localize more components to create an end-to-end manufacturing scenario in India.
  • Ongoing capital expenditure is reflected in increased depreciation, supporting capacity expansion.

2 more points management made on capital expenditure plans

Top-ranked in Electrical Equipment

Ranked on what management guided this quarter

5x potential
1Waaree Energies
Rev 1Mar 1
2MTAR Technologie
Rev 1Mar 1
3
Rev 1Mar 1
4
Rev 1Mar 2
5
Rev 1Mar 2
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Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.

Fundraising & Capital Structure

See what Hitachi Energy India Ltd said on fundraising & capital structure — free account, 30 seconds.

Order Book & Pipeline

Order book rising
  • Hitachi Energy India Limited's order backlog stands at INR 32,222.1 crores as of Q1 FY27.
  • The backlog shows strong double-digit growth compared with Q1 FY26, providing good revenue visibility for coming quarters.
  • The order intake for Q1 FY27 was INR 5,096.5 crores, with a 26.1% YoY increase excluding HVDC orders.
  • HVDC orders constitute a part of the backlog but specifics on the proportion are not disclosed.
  • Data center orders form a growing segment within the backlog, including multiple orders totaling approximately INR 400-500 crores.

2 more points management made on order book & pipeline

Hitachi Energy India Ltd — Quarterly revenue & net profit

Revenue Net profit
Dec 2024
Mar 2025
Jun 2025
Sep 2025
Dec 2025
Mar 2026

Reported quarterly figures (₹ Cr). Latest: revenue ₹2.8K Cr, net profit ₹330 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.

Full financials →

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Frequently Asked Questions

What were Hitachi Energy India Ltd Q1 FY27 results?

Strong order backlog of INR 32,222.1 crs providing good revenue visibility for coming quarters. Strong start to FY27 with robust execution and a growing order backlog supporting revenue visibility.

What is Hitachi Energy India Ltd share price analysis?

Hitachi Energy India Ltd currently shows a moderate growth signal based on ranking data. The stock trades at a P/E of 127.9 with a market cap of ₹152,393 Cr. Investors should review the full earnings analysis for detailed insights.

Is Hitachi Energy India Ltd planning capital expenditure?

Construction of Hitachi Energy India’s 20th manufacturing facility in Karjan, Vadodara began in June 2026, targeting commissioning by December 2028.

Keep Hitachi Energy India Ltd on your radar — track it to get its next earnings analysis in your feed.

This analysis is AI-generated based on publicly available earnings data and the company's earnings call transcript. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.