Hitachi Energy India Ltd announces Q4, FY26 results

Hitachi Energy India Limited ended its fourth quarter and financial year on a high note. The sustained focus on operational efficiency and effective order execution helped the Company to maintain its growth momentum for the quarter and entire FY26.

Orders

During Q4FY26, orders totaled INR 2,422.5 crore, up 10.6% year-on-year (YoY), reflecting the evolving energy landscape worldwide. In this quarter, the orderbook was led by orders for HVDC control system refurbishment, grid connection solutions, and transformer and disconnector supply. In terms of segment, the major contributor is the data center, followed by rail and metro.

In Q4FY26, exports accounted for 36.8% of total orders booked for the quarter. The Company received export orders from the US, Europe, and APAC. Whereas service contributed 23.9% to the Q4 order book. Some of the key service orders came from the state utility, data center, transmission, and industry for system refurbishment, SCADA upgrades, and life cycle services.

The Company's sustained growth momentum over the last three quarters has positively impacted order backlog in Q4FY26. The Q4 also saw a surge in total order backlog with INR 29,555.3 crore as of March 31, 2026, providing strong revenue visibility for several quarters.

Revenue

Backed by strong order execution across projects, products, services, and a focused strategic approach, the Company sustained revenue growth in 04FY26. For the quarter, the Company secured robust YoY revenue growth of 46.2 %, reaching INR 2,754.1 crore.

Profit

The Company recorded a strong YoY growth in PBT (profit before tax) and PAT (profit after tax). Both PBT and PAT saw an -80% growth YoY in Q4FY26. PBT stands at INR 443.4 crore (79.7%) and PAT at INR 330.5 crore (79.7%).

Full Year

For the full year ending March 31, 2026, total orders received stood at INR 18,456.5 crore, while revenue (from operations) rose to INR 8147.7 crore.

For FY26, the Company has taken definitive measures which are in line with its 2030 sustainability goals. It has achieved a 74% reduction in CO2 emissions and an 82% reduction in waste disposed to landfill or incineration in FY26 from the baseline year 2019. Also, 99% of the waste produced has been processed for recycling in the same financial year.

Hitachi Energy India Limited's Halol manufacturing facility has been certified as Water Positive following independent verification of its Water Positive Index for FY26. Additionally, the Company's Halol and Mysore facilities have achieved the "Platinum Level" certification for Zero Waste to Landfill.

Commenting on the quarterly results, N Venu, Managing Director & CEO of Hitachi Energy India Ltd., said, "The Q4 and full-year results reiterate the Company's commitment to enhance its overall efficiency across all spheres of work, along with a sharp focus on improving customer experience through robust project implementation. The recently commissioned India's first HVDC city center infeed in Mumbai is a testament to Hitachi Energy India Limited's strong on time execution. A strong order backlog and long-term planning have sustained the Company's growth momentum even amid the volatile geopolitical landscape."

India's exposure to global energy price shocks is significant, and it reiterates the importance of investments in the grid. The transmission infrastructure stands to benefit from India's energy transition. Hitachi Energy India Limited's quarterly results reflect this industry's reality, and the Company has effectively navigated it while staying focused on long-term growth drivers.

Shares of Hitachi Energy India Limited was last trading in BSE at Rs. 35610.65 as compared to the previous close of Rs. 35562.05. The total number of shares traded during the day was 9242 in over 3513 trades.

The stock hit an intraday high of Rs. 36025.00 and intraday low of 35040.35. The net turnover during the day was Rs. 327642927.00.

Source : Equity Bulls

Keywords

HitachiEnergyIndia INE07Y701011 HeavyElectricalEquipment Q4FY26 Q4FY2026 FY26 FY2026 ResultUpdate