Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.
Financials of HPL Electric & Power Ltd
Quarter-by-quarter operating performance
| Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 363 | 321 | 350 | 366 | 424 | 393 | 422 | 392 | 493 | 383 | 434 | 474 | 520 |
| Expenses + | 318 | 281 | 303 | 316 | 369 | 337 | 362 | 337 | 410 | 325 | 369 | 402 | 434 |
| Operating Profit | 45 | 40 | 47 | 50 | 55 | 56 | 61 | 56 | 82 | 58 | 66 | 72 | 86 |
| OPM % | 12% | 12% | 13% | 14% | 13% | 14% | 14% | 14% | 17% | 15% | 15% | 15% | 17% |
| Other Income + | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 2 | 1 | 1 | -5 | 2 |
| Interest | 20 | 22 | 22 | 22 | 24 | 24 | 22 | 21 | 23 | 23 | 24 | 26 | 22 |
| Depreciation | 8 | 9 | 9 | 9 | 12 | 10 | 11 | 11 | 11 | 12 | 13 | 15 | 24 |
| Profit before tax | 17 | 11 | 17 | 19 | 21 | 23 | 29 | 24 | 51 | 25 | 30 | 26 | 42 |
| Tax % | 36% | 36% | 35% | 37% | 36% | 26% | 26% | 26% | 27% | 26% | 27% | 25% | 26% |
| Net Profit + | 11 | 7 | 11 | 12 | 14 | 17 | 22 | 18 | 37 | 18 | 22 | 20 | 31 |
| EPS in Rs | 1.75 | 1.08 | 1.71 | 1.86 | 2.13 | 2.65 | 3.35 | 2.81 | 5.78 | 2.87 | 3.46 | 3.02 | 4.80 |
Financials of HPL Electric & Power Ltd
Annual income statement trend
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 1,047 | 1,116 | 986 | 1,036 | 1,158 | 977 | 875 | 1,014 | 1,262 | 1,461 | 1,700 | 1,811 |
| Expenses + | 922 | 975 | 862 | 926 | 1,025 | 851 | 756 | 889 | 1,105 | 1,268 | 1,445 | 1,530 |
| Operating Profit | 125 | 141 | 124 | 110 | 134 | 126 | 119 | 125 | 157 | 193 | 255 | 281 |
| OPM % | 12% | 13% | 13% | 11% | 12% | 13% | 14% | 12% | 12% | 13% | 15% | 16% |
| Other Income + | 5 | 5 | 5 | 4 | 4 | 4 | 4 | 4 | 4 | 3 | 4 | -1 |
| Interest | 70 | 78 | 68 | 51 | 58 | 61 | 64 | 68 | 75 | 90 | 90 | 94 |
| Depreciation | 16 | 19 | 24 | 23 | 32 | 37 | 45 | 47 | 38 | 39 | 42 | 63 |
| Profit before tax | 44 | 48 | 37 | 40 | 48 | 31 | 14 | 14 | 47 | 68 | 128 | 123 |
| Tax % | 21% | 24% | 30% | 32% | 32% | 28% | 27% | 44% | 35% | 36% | 26% | 26% |
| Net Profit + | 35 | 37 | 26 | 28 | 33 | 22 | 10 | 8 | 30 | 44 | 94 | 91 |
| EPS in Rs | 18.64 | 7.89 | 4.01 | 4.27 | 5.06 | 3.39 | 1.55 | 1.21 | 4.69 | 6.77 | 14.58 | 14.15 |
| Dividend Payout % | 1% | 1% | 37% | 23% | 4% | 4% | 10% | 12% | 21% | 15% | 7% | -0% |
Financials of HPL Electric & Power Ltd
Capital structure and asset base
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 19 | 46 | 64 | 64 | 64 | 64 | 64 | 64 | 64 | 64 | 64 | 64 |
| Reserves | 300 | 308 | 624 | 640 | 664 | 684 | 694 | 700 | 729 | 764 | 851 | 891 |
| Borrowings + | 514 | 579 | 376 | 486 | 526 | 586 | 582 | 597 | 600 | 627 | 639 | 742 |
| Other Liabilities + | 308 | 405 | 363 | 331 | 266 | 234 | 250 | 276 | 307 | 419 | 540 | 566 |
| Total Liabilities | 1,141 | 1,338 | 1,427 | 1,521 | 1,521 | 1,569 | 1,590 | 1,638 | 1,701 | 1,874 | 2,095 | 2,264 |
| Fixed Assets + | 307 | 335 | 399 | 425 | 453 | 494 | 464 | 447 | 451 | 461 | 498 | 586 |
| CWIP | -0 | 3 | -0 | 0 | 7 | 3 | 2 | 10 | 9 | 10 | 8 | 47 |
| Investments | 15 | 54 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | 10 |
| Other Assets + | 819 | 947 | 1,028 | 1,095 | 1,060 | 1,072 | 1,124 | 1,181 | 1,241 | 1,403 | 1,589 | 1,620 |
| Total Assets | 1,141 | 1,338 | 1,427 | 1,521 | 1,521 | 1,569 | 1,590 | 1,638 | 1,701 | 1,874 | 2,095 | 2,264 |
Financials of HPL Electric & Power Ltd
Operating, investing and financing cash movement
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity + | 27 | 103 | 3 | 20 | 83 | 63 | 85 | 101 | 104 | 100 | 138 | |
| Cash from Investing Activity + | -39 | -92 | -51 | -59 | -57 | -60 | -8 | -41 | -40 | -39 | -70 | |
| Cash from Financing Activity + | 20 | -14 | 49 | 40 | -29 | -3 | -71 | -58 | -74 | -72 | -66 | |
| Net Cash Flow | 8 | -3 | 1 | 2 | -3 | -0 | 6 | 2 | -10 | -11 | 2 | |
| Free Cash Flow | -16 | 46 | -52 | -42 | 22 | -1 | 72 | 57 | 61 | 57 | 63 | |
| CFO/OP | 30% | 79% | 9% | 29% | 68% | 55% | 72% | 83% | 71% | 59% | 65% |
Financials of HPL Electric & Power Ltd
Working capital efficiency and return ratios
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 140 | 168 | 174 | 165 | 148 | 173 | 214 | 182 | 174 | 174 | 153 | |
| Inventory Days | 157 | 156 | 211 | 227 | 199 | 262 | 293 | 283 | 211 | 218 | 230 | |
| Days Payable | 125 | 164 | 148 | 154 | 104 | 104 | 126 | 128 | 100 | 116 | 142 | |
| Cash Conversion Cycle | 173 | 160 | 236 | 237 | 244 | 332 | 381 | 337 | 285 | 276 | 241 | |
| Working Capital Days | 24 | 22 | 76 | 63 | 60 | 79 | 103 | 95 | 90 | 103 | 82 | |
| ROCE % | 15% | 14% | 11% | 8% | 9% | 7% | 6% | 6% | 9% | 11% | 14% |