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Electronics · Micro cap

HUIL to install ₹11.25 cr solar plant at Mandideep factory

The 5 MW rooftop plant, funded from internal accruals, is expected to generate 69.35 lakh units annually, cutting power costs at the Madhya Pradesh facility.

2 earlier stories on Hindusthan Insulators & Industries Ltd.
Mkt cap₹909 cr
P/E85.66×
ROE0.00%
Debt / eq.1.00
Div yld0.01%
₹11.25 cr Capital outlay for 5 MW rooftop solar plant

What's new

  • Board approved a 5 MW rooftop solar plant at Mandideep, MP, costing ₹11.25 cr.
  • Entire cost funded via internal accruals.
  • Expected generation: 69.35 lakh units/year, leading to savings in energy expenses.

Why this matters

At ₹11.25 cr, the capex is just 1.23% of HUIL's ₹909 cr market cap. For a company that reported a ₹23 cr net loss in June 2025 quarter, the savings will help but won't turn the financials around quickly.

What we're watching

  • Timeline for commissioning and actual savings.
  • Whether the company pursues more such projects.
  • Impact on quarterly energy cost line item.

The full read

HUIL is spending ₹11.25 crore on a rooftop solar plant at its Mandideep factory. The 5 MW facility, funded entirely from internal accruals, is expected to generate 69.35 lakh units annually, cutting power costs for a company that reported a ₹23 crore net loss in the latest quarter. But the outlay is just 1.23% of HUIL's ₹909 crore market cap — too small to move the earnings needle. The move locks in lower energy costs at a loss-making plant, but it won't change the fundamental story anytime soon.

Questions answered

What is the scale of the solar plant?
The plant is 5 MW DC / 3.9 MW AC rooftop solar at Mandideep, costing ₹11.25 crore.
How will it be funded?
Entirely from internal accruals, no debt.
What are the expected benefits?
It is expected to generate 69.35 lakh units annually, leading to savings in energy expenses.
Is this significant for the company's finances?
The capex is 1.23% of market cap, so not transformative. However, any reduction in energy expenses helps given the recent net loss of ₹23 crore.
Why is the company doing this?
It aligns with sustainability goals and operational efficiency initiatives.
Mentioned: Mandideep plant · 5 MW rooftop solar · ₹11.25 cr
Primary source BSE · NSE · Tijori

An independent reading of the company's own disclosure — the primary filing above is the final word.

Company snapshot

Hindusthan Insulators & Industries Ltd.

Engineering & Capital Goods
₹918 cr
P/E 86.51×

Latest quarter · Jun 2025

Sales₹115 cr
Net profit−₹23 cr
Op. margin+0.6%
EPS−₹19.05

Strength & growth

Debt / equity1.00×
Current ratio1.19×
Sales CAGR−5.8%
EPS CAGR+16.7%
Financials via Tijori — a research aid, not investment advice.HUIL on Tijori

Story so far

All notes on HUIL →
  1. 30 Jun 2026 · 1:15 PM IST HUIL to install ₹11.25 cr solar plant at Mandideep factory
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