Hitachi Energy India hits record order book and plans ₹2,000 cr factory
The company reported a 46% jump in quarterly revenue and doubled its annual profit, while committing to a new greenfield facility in Gujarat.
— 1 earlier story on Hitachi Energy India Ltd. →What's new
- Q4 revenue rose 46% to ₹2,754 cr; profit after tax climbed 80% to ₹330.5 cr.
- Full-year revenue grew 28% to ₹8,148 cr; annual profit more than doubled to ₹988 cr.
- Board approved a ₹2,000 cr investment for a new power transformer factory in Karjan, Gujarat.
Why this matters
The record order book provides clear visibility into future demand for power infrastructure. Doubling the planned capex to ₹4,000 cr shows management is betting heavily on sustained domestic grid expansion.
What we're watching
- Execution timelines for the new Karjan facility.
- Margin trends as the company scales its order book.
- Any updates on supply chain constraints affecting delivery schedules.
The full read
Hitachi Energy India is scaling up. The company closed the final quarter with ₹2,754 crore in revenue, a 46% gain, and a profit after tax of ₹330.5 crore, up 80%. For the full year, profit more than doubled to ₹988 crore on revenue of ₹8,148 crore. The order book is now at a record ₹29,555 crore. To meet this demand, the board approved a ₹2,000 crore investment for a new greenfield power transformer factory in Karjan, Gujarat. This move doubles the company's planned capital expenditure to ₹4,000 crore. The numbers show a company moving from growth to capacity expansion. The record backlog confirms the new factory is a response to existing demand. The next test is how quickly they can bring this capacity online.
Questions answered
- How did Hitachi Energy India perform in the final quarter?
- The company posted revenue of ₹2,754 crore, a 46% increase, and profit after tax of ₹330.5 crore, an 80% rise compared to the same period last year.
- What is the status of the company's order book?
- The order book reached a record high of ₹29,555 crore as of March 31.
- What is the scale of the new capital expenditure plan?
- The board approved a ₹2,000 crore investment for a greenfield power transformer factory in Karjan, Gujarat. This brings the company's total planned capex to ₹4,000 crore.
- What were the full-year financial results?
- For the full financial year, revenue climbed 28% to ₹8,148 crore, while profit after tax more than doubled to ₹988 crore.
Story so far
All notes on POWERINDIA →- 25 May 2026 · 7:47 PM IST Hitachi Energy India hits record order book and plans ₹2,000 cr factory
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