Hitachi Energy India Ltd.POWERINDIA₹20,457.00 +14.16%

Hitachi Energy India Ltd. has announced its financial results for the quarter ended September 30, 2025 (Q2 FY26), posting a significant surge in profitability driven by robust execution and strategic focus on advanced grid technology.

Post the announcement, shares of Hitachi surged up to 15%, reaching an intraday high of ₹20,639.00 apiece.

Orders for the quarter totaled ₹2,217.1 crore, representing a growth of 13.6% year-on-year. The strong inflow was led by large orders for Gas-Insulated Switchgear (GIS) and Air-Insulated Switchgear (AIS) stations, as well as essential locomotive transformers. New orders from the industries and renewables segments were key contributors, followed by transmission and transport.

Revenue for the period stood at ₹1,915.2 crore, marking a year-on-year increase of 23.3%. This sustained growth momentum was attributed to the company’s continued focus on effective order execution and overall operational efficiency throughout the quarter.

The company saw its profit after tax (PAT) record a four-fold year-on-year increase, surging by 405.6% to ₹264.4 crore. This significant rise in profit was mainly due to the effective execution of good margin orders, a favorable product mix, and increased export momentum, though it was noted to be against a lower base in the corresponding previous quarter.

Operational EBITDA for the quarter reached ₹291.6 crore, resulting in a margin of 15.2%. The company maintained this resilient margin by sustaining operational excellence and leveraging its strategic agility in selecting profitable orders.

The order backlog at the end of the quarter reached ₹29,412.6 crore. This highest-ever order backlog provides the company with strong revenue visibility for the coming quarters, ensuring a solid pipeline of work for future execution.

The strong focus on collections, supported by advances from projects, led to a positive cash impact during the quarter. This favorable collection performance contributed to the company’s overall financial strength.

Over the last five years, this stock has delivered multibagger returns of more than 2,100%. 

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Note: The stock price mentioned is as of 3:30 pm.