What drove the company's financial performance in Q4?

Revenue climbed 46% to ₹2,754 crore, while profit after tax jumped 80% to ₹330.5 crore. For the full year, profit more than doubled to ₹988 crore.

How large is the company's current order backlog?

The order book reached a record ₹29,555 crore as of March 31.

What is the new capex 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 capital expenditure to ₹4,000 crore.

What dividend did the board recommend?

The board recommended a final dividend of ₹8 per share.

Earnings · Engineering · Mega cap

Hitachi Energy India hits record order book, doubles down on capex

The company posted an 80% jump in quarterly profit and approved a ₹2,000 crore investment for a new transformer factory in Gujarat.

— 1 earlier story on Hitachi Energy India Ltd. →

POWERINDIA 25 May 2026 · 7:53 PM IST Verify on BSE · NSE

Mkt cap₹1.59 lakh cr

P/E188.80×

ROE9.11%

Debt / eq.0.00

Div yld0.02%

₹29,555 cr Record order backlog as of March 31.

What's new

Q4 revenue rose 46% to ₹2,754 crore; profit surged 80% to ₹330.5 crore.
Full-year profit more than doubled to ₹988 crore on 28% revenue growth.
Board approved a ₹2,000 crore greenfield transformer plant in Gujarat.

Why this matters

The company is scaling its manufacturing footprint to match a record order book. Doubling planned capex to ₹4,000 crore signals management's confidence in sustained demand for power infrastructure.

What we're watching

Execution timelines for the new Karjan facility.
Conversion rates of the record ₹29,555 crore order backlog.
Impact of the proposed ₹8 per share dividend on cash reserves.

The full read

Hitachi Energy India is accelerating its capacity expansion to keep pace with a record ₹29,555 crore order backlog. The company reported a strong finish to the year, with Q4 revenue climbing 46% to ₹2,754 crore and profit after tax surging 80% to ₹330.5 crore. For the full financial year, profit more than doubled to ₹988 crore on revenue of ₹8,148 crore. To support this growth, the board approved a ₹2,000 crore investment for a greenfield power transformer factory in Karjan, Gujarat. This move doubles the company's planned capital expenditure to ₹4,000 crore. The board also recommended a final dividend of ₹8 per share. The scale of the new investment suggests management expects the current order momentum to persist, turning the company's focus toward execution and capacity building.

Questions answered

What drove the company's financial performance in Q4?: Revenue climbed 46% to ₹2,754 crore, while profit after tax jumped 80% to ₹330.5 crore. For the full year, profit more than doubled to ₹988 crore.
How large is the company's current order backlog?: The order book reached a record ₹29,555 crore as of March 31.
What is the new capex 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 capital expenditure to ₹4,000 crore.
What dividend did the board recommend?: The board recommended a final dividend of ₹8 per share.

Mentioned: Hitachi Energy India · Karjan, Gujarat · ₹29,555 cr order book

Primary source BSE · NSE

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

Story so far

All notes on POWERINDIA →

25 May 2026 · 7:53 PM IST Hitachi Energy India hits record order book, doubles down on capex
today Hitachi Energy India hits record order book and plans ₹2,000 cr factory