Consumer Electronics company HPL Electric & Power announced Q1FY26 results Revenue: Rs 383.03 crore compared to Rs 392.91 crore during Q1FY26, change -2.51%. EBITDA: Rs 57.99 crore compared to Rs 56.13 crore during Q1FY26, change 3.32%. EBITDA Margin: 15.14% for Q1FY26. PBT: Rs 25.02 crore compared to Rs 23.01 crore during Q1FY26, change 8.72%. PAT: Rs 18.48 crore compared to Rs 17.03 crore during Q1FY26, change 8.51%. PAT Margin: 6.53% for Q1FY26. EPS: Rs 2.87 for Q1FY26 Gautam Seth, Joint MD & CFO, said: “Our Q1FY26 performance reflects disciplined execution and our focus on growth. While revenue moderated slightly year on year, profitability improved across the board. The Consumer and Industrial franchise provided the primary uplift, with net revenue up 16.12 % and EBIT up 22.95 %, helped by offtake in domestic switchgear and wires and cables, and tighter operating discipline that widened margins. I’m pleased to note that our Consumer and Industrial business is coming into its own as a granular, domestically anchored franchise that serves both B2B and B2C electrical demand. Several quarters of channel building, distribution network strengthening and sustained brand investment are now translating into scale and earnings quality. A broader, higher-quality portfolio and stronger quality recognition across trade, institutional and end-user accounts lifted its share of consolidated revenue to 46.8 % in Q1FY26 from 39.3 % a year earlier, and its share of combined segment EBIT to 35.9 % from 29.6 %. Our network of more than 85,000 retailers and ongoing R&D; will be important enablers for the next phase of growth in FY26. Unlike other meter-centric peers, whose performance hinges on rollout milestones, our Consumer and Industrial vertical aligns with India’s real economy across B2B capex and B2C replacement cycles, anchoring a diversified model that participates at the shop-floor and household level, and thereby delivers broader, more granular growth with a stronger, more durable earnings mix. This diversified model is further enhanced by growing contributions from our export operations. On the metering front, we intend to convert the smart metering opportunity with an order pipeline currently at more than Rs 3,000 crore, remain focused on execution under the AMISP framework, and continue selective cost optimisation and strategic investments to sustain profitability and further strengthen our balance sheet". Result PDF
Consumer Electronics company HPL Electric & Power announced Q4FY25 & FY25 results Q4FY25 Financial Highlights: Revenue: Increased by 16.14% to Rs 492.54 crore from Rs 424.09 crore in Q4FY24. EBITDA: Grew by 48.92% to Rs 82.24 crore from Rs 55.22 crore. EBITDA Margin: Expanded by 368 bps to 16.70%. PAT: Surged by 171.79% to Rs 37.28 crore from Rs 13.72 crore. PAT Margin: Improved by 434 bps to 7.57%. FY25 Financial Highlights: Revenue from Operations stood at Rs 1,700 crore for FY25 compared to Rs 1,460 crore for FY24 EBITDA stood at Rs 254.65 crore for FY25 compared to Rs 192.15 crore for FY24 PAT stood at Rs 94 crore for FY25 compared to Rs 43.6 crore for FY24 EBITDA Growth (32.5%) and Margin Expansion (182 bps) Management Commentary – Gautam Seth, CFO & Joint MD, “FY 2025 was a defining year for us. The decisive steps we took to tighten execution are now visible on the bottom line. Fourth-quarter profit after tax more than doubled sequentially and rose 170 percent year-on-year to a high of Rs 37.3 crore, while EBITDA margin widened to 16.7 percent, an uplift of 368 basis points over last year and 251 basis points versus Q3. These gains stem from a richer product mix, sharper procurement, and early automation benefits. For the full year, EBITDA increased 32.5 percent, taking profit after tax to Rs 94 crore. Beneath those headline numbers each business line is moving decisively in the right direction. Wire and Cable has now delivered three consecutive years of growth, compounding at roughly twenty to twenty five percent, and we continue to see robust traction as national infrastructure spending and a revitalised real estate cycle gather pace. Switchgear too has performed well, even as pockets of domestic industrial demand remain subdued, thanks to our sharper focus on value added ranges and channel expansion. Lighting has turned the corner, posting a thirty one percent surge in the fourth quarter and six point six percent growth for the year, signalling an industry-wide recovery that we are well placed to lead. In Smart Metering, execution momentum is accelerating; with AMISPs eager for deliveries the order inflow remains strong, and our Rs 3,500 crore book, ninety nine percent of which relates to smart meters, gives us multi-year visibility in what is becoming a marathon of nationwide roll-outs. Our balance sheet remains a source of strength. Net debt to EBITDA stays comfortably below one point five times, giving us room to invest in capacity, automation and technology without straining leverage. As we look to FY 2026 our priorities are clear: scale up manufacturing to meet rising meter demand, deepen automation in relay and switchgear production, and sharpen our product development pipeline." Result PDF
Consumer Electronics company HPL Electric & Power announced Q3FY25 results Revenue: Rs 392.48 crore compared to Rs 365.57 crore during Q3FY224, change +7.36%. Profit After Tax (Rs crore): Increased by +51.42% from Q3FY24 to Q3FY25 Q3FY25: PAT Margin % increased to 4.61% from 3.27% (+134 bps). EBIDTA Margin % has shown improvement in Q3FY25 (+60 bps ) and 9M FY25 (+107 bps), demonstrating enhanced profitability. Gautam Seth, CFO & Joint Managing Director, HPL Electric & Power, said: “Despite a decelerating pace of economic growth being experienced, we continue to lead India’s smart metering transformation, backed by a robust Rs 3,400+ crore order book. Our focus on R&D;, capacity expansion, and operational excellence is driving strong financial performance and sustainable growth. Growth in domestic switchgear and wires & cables, along with a growth recovery in LED lighting, reflects our resilience amid industry-wide price pressures. While finance costs and expenses remain areas of focus, we are actively pursuing efficient, cost optimization, and strategic investments to boost profitability. Key highlights of our Consumer & Industrial segment are 25% growth in 9MFY25 for wires & cables, as well as a pick-up in domestic switchgear in trade markets with growth of 21% for 9MFY25. Looking ahead, strategic investments in advanced smart meter technology and nextgeneration electrical solutions position the company for the next phase of growth, improving our balance sheet and market leadership. HPL's network of 83,000+ retailers and commitment to innovation, quality, and efficiency are key enablers of our success in India’s modernizing energy ecosystem.” Result PDF
Consumer Electronics company HPL Electric & Power announced H1FY25 & Q2FY25 results Revenue Growth: Revenue from operations rose by 20.51% YoY to Rs 422.32 crore in Q2FY25, and by 21.46% in H1FY25 to Rs 815.23 crore, driven by robust demand across Metering, Systems & Services, and Consumer, Industrial & Services segments. EBITDA and Margins: EBITDA increased by 28.40% YoY in Q2FY25 to Rs 60.58 crore, with an EBITDA margin improvement of 88 basis points, reaching 14.34%. For H1FY25, EBITDA rose by 33.81% to Rs 116.71 crore, with a margin expansion of 132 basis points to 14.32%. These improvements underscore the company’s success in optimizing costs and enhancing operational efficiency. Profitability: Profit After Tax (PAT) nearly doubled in Q2FY25, increasing by 95.81% to Rs 21.58 crore, while H1FY25 PAT rose by 114.98% to Rs 38.61 crore. The PAT margin expanded by 197 basis points in Q2 and by 206 basis points in H1, reflecting significant profitability gains due to strategic initiatives. Earnings Per Share: EPS improved significantly, climbing by 95.91% to Rs 3.35 in Q2FY25 and by 114.70% in H1FY25 to Rs 5.99, underscoring HPL's consistent delivery of shareholder value. Gautam Seth, Joint Managing Director & CFO of HPL Electric & Power, said: "Our Q2 and H1FY25 results are proof positive that HPL is on a powerful growth path, fuelled by solid AMISP faith and sharp operational focus. We’re not just keeping up; we’re setting the pace, with strategic investments in R&D; and manufacturing driving strong gains in revenue and profitability. “Our Q2 and H1FY25 results underscore HPL's dedication to expanding our market reach and driving robust revenue growth, particularly in our Wires & Cables division. With an impressive 57.5% growth in this segment, we’re strengthening our position in the B2C market,” said Mr. Gautam Seth, Joint Managing Director & CFO of HPL Electric & Power Ltd. “Our network expansion to over 83,000 retailers and 900 authorized dealers across India is a testament to our commitment to deepening our market penetration and enhancing product accessibility nationwide. This extensive distribution reach, supported by targeted brand-building efforts, is key to our strategy of sustained growth, ensuring that our high-quality products are readily available to meet the needs of a growing customer base.” Result PDF