HPL Electric & Power Ltd.
Fundamentals
- Market cap
- ₹2,354 cr
- P/E
- 25.87×
- ROE
- 10.25%
- Debt / equity
- 0.69
- Div yield
- 0.26%
- 52-week range
- 255.55 — 639.90
Analysis — the numbers vs the call
- HPL Electric: Strong growth, but debt reversal clouds the story
Management's unexplained pivot on debt reduction after a solid quarter raises credibility questions even as smart meter TAM expands.
HPL Electric & Power Ltd.
Latest quarter · Mar 2026
Strength & growth
The timeline — 4 notes on HPL Electric & Power Ltd.
June 2026
- 23 Jun 26 · 12:43 PM IST Brief Brief · Earnings · Small cap
HPL transcript confirms growth trajectory, smart meter TAM expands
Management reiterates ₹1,000 cr C&I revenue target for FY27 and notes government extended smart meter deadline to March 2028, raising TAM to 31-32 crore units.
- 17 Jun 26 · 1:45 PM IST Brief Brief · Concalls · Small cap
HPL targets ₹1K cr C&I revenue as smart meter market widens
Record Q4 revenue above ₹500 cr followed by an aggressive FY27 C&I target of ₹1,000 cr. Smart meter TAM jumps to 31-32 crore units with a March 2028 deployment deadline.
May 2026
- 27 May 26 · 4:55 PM IST Brief Brief · Earnings · Small cap
HPL Electric & Power's investor presentation adds no new information.
The Q4 and FY26 investor presentation confirms previously disclosed figures and offers no updates to guidance or business strategy.
- 27 May 26 · 4:39 PM IST Brief Brief · Earnings · Small cap
HPL posts record Q4, passes ₹1,800 cr annual revenue
The consumer-and-industrial segment grew 25.6% and now makes up 43% of sales, offsetting a weak year in smart metering. Cash profit grew 13.4% even as net profit slipped.