Hitachi Energy India logo

Hitachi Energy India share price

NSE: POWERINDIABSE: 543187Electrical EquipmentLarge Cap

Formerly ABB Power Products and Systems India
Last close ₹26,300.00down ₹735.00 (2.72%)BSE ₹26,250.00

Share price at the NSE close on 23 Oct 2026. Previous close ₹27,035.00.

52-week range of traded prices to 23 Oct 2026
₹16,111.00Low, 16 Jan 2026₹38,785.00High, 1 Jun 2026
Market cap
₹1,17,225 Cr85th largest listed
P/E
101.9
P/B
22.6
Dividend yield
0.03%
ROE
24.5%
ROCE
25.4%
Debt to equity
0.00
Volume, NSE
2,42,63435.2% delivered

Share price

Daily closes since Mar 2020, adjusted for splits and bonuses

+54.0%over a year · Nifty 500 −9.8%

Results20-session average 1,29,952 shares a day, 41.8% delivered

Results

Standalone; ₹ crore, the charts by years to December, then March, the table by quarter.Quarterly results

Quarter to Jun 2026, against the quarter beforeFiled 7 Aug

Revenue
₹2,494 Crdown 9.45%
Net profit
₹294 Crdown 10.99%
Net margin
11.8%

Revenue by year

Peak revenue ₹8,148 Cr, year to Mar 2026

Net profit by year, a loss in red

The company moved its year end from December to March: its last year to December on record ended in Dec 2020, its first year to March in Mar 2023. The 15 months to Mar 2022 between them are one changeover period, not a year, and the yearly charts leave it out.

₹ croreSep 2024Filed 29 OctDec 2024Filed 29 JanMar 2025Filed 10 JunJun 2025Filed 30 JulSep 2025Filed 3 NovDec 2025Filed 5 FebMar 2026Filed 25 MayJun 2026Filed 7 Aug
Revenue1,5541,6201,8841,4791,8332,0822,7542,494
Net profit52137184132264261330294
Net margin3.4%8.5%9.8%8.9%14.4%12.6%12.0%11.8%
Standalone. The last eight quarters. The latest is shaded.

Business segments

In the year to Mar 2026 the company reports one business segment, POWER GRIDS, which carries all its revenue.

Valuation

Today, against the company's own history.PE ratio and valuation history

Price to earnings

At or below today's level on 5% of 1,240 trading days over the last 5 years.

LowestHighest
Its median159.7Industry median31.1
Price to book

At or below today's level on 65% of 1,205 trading days over the last 5 years.

LowestHighest
Its median18.7Industry median5.4
EV to EBITDA79.0

At or below today's level on 41% of 1,205 trading days over the last 5 years.

LowestHighest
Its median94.2Industry median23.6
Dividend yield

At or below today's level on 32% of 1,172 trading days over the last 5 years.

LowestHighest
Its median0.04%Industry median0.38%

Where the return came from

Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year+91.6%+157.3%−25.6%0.0%
3 years+93.6%+115.5%−10.2%0.0%
5 years+77.8%––0.1%
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add. Earnings growth and the change in P/E are left empty where earnings per share at either end of the window was a loss or is not on record. Earnings growth over 1 year is on profit divided by shares in issue at both ends: the earnings per share stated for one end does not match that year's profit and share count.

Who owns it

Per cent of the company's shares, from the filing for Sep 2026.Shareholding pattern

Shareholding by group

  • Promoters71.31%
  • Foreign institutions11.96%
  • Indian institutions6.54%
  • Individuals and others10.19%
Holder
HITACHI ENERGY LTDPromoter71.31%
Holders are named in the company's own words: an insurer's holding can carry one of its funds' names. Mutual funds are left out here and listed fund by fund below.

Mutual funds holding it

263 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 94 of the 130 funds that added or cut are index funds, ETFs or arbitrage funds: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future. 1 more fund filed its first portfolio on record, holding it.Mutual fund holdings

Bought for the first time
54
Bought again
1
Added
63
Cut
67
Held unchanged
77
Sold out
37
Fund
HSBC Mutual Fund logoHSBC Midcap FundHSBC Mutual Fund1,25,2342.28%₹383.6 Cr
UTI Mutual Fund logoUTI Nifty 200 Momentum 30 Index FundUTI Mutual Fund75,4002.90%₹231.0 Cr
Canara Robeco Mutual Fund logoCanara Robeco Large and Mid Cap FundCanara Robeco Mutual Fund72,7890.91%₹223.0 Cr
Nippon India Mutual Fund logoNippon India Multi Cap FundNippon India Mutual Fund62,0160.35%₹190.0 Cr
ICICI Prudential Mutual Fund logoICICI Prudential Nifty Next 50 Index FundICICI Prudential Mutual Fund50,7381.59%₹155.4 Cr
ICICI Prudential Mutual Fund logoICICI Prudential Mid Cap FundICICI Prudential Mutual Fund46,2461.78%₹141.7 Cr
DSP Mutual Fund logoDSP Midcap FundDSP Mutual Fund45,5790.72%₹139.6 Cr
Nippon India Mutual Fund logoNippon India ETF Nifty Next 50 Junior BeESNippon India Mutual Fund45,0761.60%₹138.1 Cr
SBI Mutual Fund logoSBI Arbitrage FundSBI Mutual Fund40,7500.27%₹124.8 Cr
HSBC Mutual Fund logoHSBC Large & Mid Cap FundHSBC Mutual Fund40,3062.13%₹123.5 Cr
Portfolios disclosed for Sep 2026. Weight is the holding as a share of the fund's assets.

Peers and competitors

Heavy Electrical Equipment, 48 listed companies, priced on 23 Oct 2026. The table lists the 8 companies closest to Hitachi Energy India in market cap.

Where the company sits among the companies nearest its size

Return on equity across, P/E up, size is market cap
Company
Bharat Heavy Electricals logoBharat Heavy ElectricalsBHEL1,34,93046.95.034.1+29.1%+415.4%11.3%10.7%0.36%
ABB India logoABB IndiaABB1,30,11243.513.964.5––36.1%18.7%1.95%
CG Power and Industrial Solutions logoCG Power and Industrial SolutionsCGPOWER1,28,141102.716.177.6+21.4%+25.0%21.1%17.5%0.16%
Siemens logoSiemensSIEMENS1,15,56835.38.457.5−1.7%+33.7%25.0%11.7%0.55%
GE Vernova T&D India logoGE Vernova T&D IndiaGVT&D94,73772.635.253.1+43.9%+70.6%58.5%63.5%0.27%
Siemens Energy India logoSiemens Energy IndiaENRIN94,48963.519.645.1––34.3%39.2%0.15%
Suzlon Energy logoSuzlon EnergySUZLON51,41116.45.416.7+45.2%+50.2%40.4%27.4%0.00%
Thermax logoThermaxTHERMAX36,89162.26.643.7+4.7%−11.6%11.3%8.3%0.65%
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.

Dividends

Per share, by the year it was paid for, and the latest payments.Dividend history and dates

Dividend per share, ₹, restated for later splits and bonuses

Highest ₹8.00 a share, year to Mar 2026.
Ex-dateTypePer share
21 Aug 2026Final₹8.00
13 Aug 2025Final₹6.00
14 Aug 2024Final₹4.00
10 Aug 2023Final₹3.40
14 Jul 2022Final₹3.00
19 May 2021Final₹2.00
Latest payments, as declared, by ex-date.

Latest announcements

Routine notices left out.Share news and announcements

Hitachi Energy India share price by year

Each calendar year to 2025.Hitachi Energy India share price history

YearClose at year endChangeHighest closeLowest close
202518,310.00+27.0%22,755.009,621.75
202414,412.20+173.8%16,118.455,427.30
20235,264.35+57.3%5,264.352,953.55
20223,347.35+32.5%3,852.702,446.10
20212,526.75+95.5%2,750.451,207.85
20201,292.65–1,363.25714.00
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. 2020 is from its first session, 30 Mar 2020.

Recent sessions

The last 10 trading days to 23 Oct 2026, as traded on NSE.

DateOpenHighLowCloseAverage priceVolumeDelivery
23 Oct 202626,700.0026,725.0025,420.0026,300.0025,926.582,42,63435.2%
22 Oct 202628,000.0028,000.0026,820.0027,035.0027,144.552,11,83243.8%
21 Oct 202628,965.0028,965.0027,730.0028,050.0028,102.4899,91837.0%
19 Oct 202628,990.0029,015.0028,605.0028,730.0028,817.3449,17943.4%
16 Oct 202628,965.0029,335.0028,400.0028,990.0028,854.581,25,81638.1%
15 Oct 202629,680.0029,680.0028,630.0028,770.0029,018.242,56,81842.2%
14 Oct 202630,250.0030,540.0029,935.0030,390.0030,270.2292,54335.1%
13 Oct 202630,510.0030,590.0029,580.0030,250.0029,975.111,99,55028.7%
12 Oct 202631,010.0031,550.0030,870.0031,290.0031,204.3064,18929.6%
9 Oct 202630,850.0031,025.0029,955.0030,605.0030,512.781,10,55434.9%
Prices in ₹ per share as traded, not adjusted.

About Hitachi Energy India

Hitachi Energy India Limited makes and services equipment for the transmission and distribution of electricity. Its customers are utilities and companies in industry, transportation, data centres and infrastructure. They include engineering, procurement and construction (EPC) contractors, distributors, original equipment manufacturers and channel partners.

The business is organised into five business units: Transformers, High Voltage, Grid Integration, Grid Automation and Service. Its offerings include power and traction transformers, capacitors and filters, and substation integration from 220 kV to 765 kV. It also provides integrated and digital solutions, including software, protection and control systems, and a range of gas-insulated switchgear products under the EconiQ portfolio. Other solutions it names are High Voltage Direct Current (HVDC) systems, grid integration and automation solutions, and Flexible AC Transmission Systems (FACTS).

The company has 8 plants with factory licences that together contain 19 manufacturing units. It has 13 sales offices in India, including Mumbai, Chennai, Kolkata, Hyderabad and Lucknow, and serves customers in all states and Union Territories. It also sells its products and services in more than 70 countries. Its registered and corporate office is in Bengaluru.

It was incorporated in 2019. It is the Indian subsidiary of Hitachi Energy Ltd, which is headquartered in Zurich. Hitachi Energy Ltd is itself part of the Hitachi Group, which delivers clean energy and power grid systems across the world.

Legal name
Hitachi Energy India Limited
NSE symbol
POWERINDIA
BSE code
543187
ISIN
INE07Y701011
Industry
Electrical Equipment
Listed
Mar 2020
Face value
₹2
CIN
L31904KA2019PLC121597
Corporate identity number, the registrar of companies' code for it