HPL Electric

Why is HPL Electric & Power Ltd falling/rising?

As of 29-Jul, HPL Electric & Power Ltd's stock price has risen slightly to 336.05, but it remains in a bearish trend with a 39.88% decline over the past year. Investor confidence is low, reflected by decreased participation and no domestic mutual fund holdings, amidst weak financial performance.

As of 29-Jul, HPL Electric & Power Ltd is experiencing a slight rise in its stock price, currently at 336.05, with a change of 1.75 (0.52%) upward. However, this increase occurs in the context of a broader trend of underperformance. Over the past week, the stock has declined by 2.20%, and it has seen a significant drop of 39.88% over the past year, while the market benchmark, Sensex, has only fallen by 4.53% in the same period. <BR><BR>The stock is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Additionally, there has been a notable decrease in investor participation, with delivery volume falling by 17.41% compared to the 5-day average. This suggests a lack of confidence among investors, which is further supported by the fact that domestic mutual funds hold no stake in the company, indicating potential discomfort with the stock's valuation or business prospects.<BR><BR>Despite the recent uptick in price, the company's financial performance has been weak, with a reported decline in profit before tax (PBT) and profit after tax (PAT) of 18.14% and 16.9%, respectively, in the latest quarter. The stock's return on capital employed (ROCE) of 13 and its attractive valuation compared to peers do not seem to be enough to offset the negative sentiment surrounding its recent performance and the overall market underperformance. Thus, while there is a minor rise in the stock price today, the overall outlook remains cautious due to the significant declines in both short-term and long-term performance metrics.

Which are the latest news on HPL Electric?

What does HPL Electric do?

HPL Electric & Power Ltd, a small-cap company established in 1992, operates in the electrical equipment industry, reporting net sales of ₹520 Cr and a net profit of ₹31 Cr for Q1 2026. Key metrics include a P/E ratio of 24.00, a dividend yield of 0.28%, and a market cap of ₹2,305 Cr.

Overview:<BR>HPL Electric & Power Ltd operates in the Other Electrical Equipment industry and is categorized as a Small Cap company.<BR><BR>History:<BR>The company was incorporated in 1992 as HPL-Socomec Private Limited and later changed its name to HPL Electric & Power Private Limited in 2010. The latest quarterly results reported net sales and net profit for the period ending March 2026.<BR><BR>Financial Snapshot:<BR>- Net Sales: 520 Cr (Quarterly Results - Mar 2026)<BR>- Net Profit: 31 Cr (Quarterly Results - Mar 2026)<BR>- Market Cap: INR 2,305 Cr (Small Cap)<BR><BR>Key Metrics:<BR>- P/E: 24.00<BR>- Industry P/E: 58<BR>- Dividend Yield: 0.28%<BR>- Debt Equity: 0.67<BR>- Return on Equity: 9.51%<BR>- Price to Book: 2.33<BR><BR>Contact Details:<BR>Address: 1/20 Asaf Ali Road, New Delhi, New Delhi: 110002 <BR>Tel: 91-11-23234411 <BR>Email: hplcs@hplindia.com <BR>Website: http://www.hplindia.com

How big is HPL Electric?

As of 10th June, HPL Electric & Power Ltd has a market capitalization of 2,305.00 Cr, with recent net sales of 1,811.10 Cr and a net profit of 91.01 Cr.

As of 10th June, HPL Electric & Power Ltd has a market capitalization of 2,305.00 Cr, categorizing it as a Small Cap company.<BR><BR>In the latest four quarters, HPL Electric reported Net Sales of 1,811.10 Cr and a Net Profit of 91.01 Cr.<BR><BR>The latest annual period for the balance sheet is March 2025, with Shareholder's Funds amounting to 915.13 Cr and Total Assets of 2,084.82 Cr.

Who are in the management team of HPL Electric?

The management team of HPL Electric includes Lalit Seth (Chairman & Wholetime Director), Rishi Seth (Managing Director), Gautam Seth (Joint Managing Director & CFO), Vivek Kumar (Company Secretary & Compliance Officer), and independent directors Hargovind Sachdev, Rashmi Vij, and Dhruv Goyal. They are responsible for the company's strategic direction and operations.

The management team of HPL Electric includes the following key individuals:<BR><BR>1. **Lalit Seth** - Chairman & Wholetime Director<BR>2. **Rishi Seth** - Managing Director<BR>3. **Gautam Seth** - Joint Managing Director & CFO<BR>4. **Vivek Kumar** - Company Secretary & Compliance Officer<BR>5. **Hargovind Sachdev** - Independent Director<BR>6. **Rashmi Vij** - Independent Director<BR>7. **Dhruv Goyal** - Independent Director<BR><BR>These individuals play significant roles in guiding the company's strategic direction and operations.

Who are the peers of the HPL Electric?

HPL Electric's peers include Ram Ratna Wires, Bharat Bijlee, Spectrum Electr., Marsons, Rishabh Instrum., Yash Highvoltage, Servotech Renew, Alpex Solar, and Danish Power. HPL Electric has average management and capital structure risks, with a below-average growth rate and the lowest 1-year return among its peers at -38.90%.

Peers: The peers of HPL Electric are Ram Ratna Wires, Bharat Bijlee, Spectrum Electr., Marsons, Rishabh Instrum., Yash Highvoltage, Servotech Renew, Alpex Solar, and Danish Power.<BR><BR>Quality Snapshot: Excellent management risk is observed at Bharat Bijlee, Yash Highvoltage, Alpex Solar, and Danish Power, while Average management risk is found at Ram Ratna Wires, Spectrum Electr., HPL Electric, Servotech Renew, and the rest. Below Average management risk is noted for Marsons and Rishabh Instrum. In terms of Growth, Excellent growth is seen at Ram Ratna Wires, Bharat Bijlee, Marsons, Yash Highvoltage, Servotech Renew, Alpex Solar, and Danish Power, while Average growth is attributed to HPL Electric, and Good growth is noted for Spectrum Electr. Below Average growth is observed at Rishabh Instrum. Regarding Capital Structure, Excellent capital structure is found at Bharat Bijlee, Rishabh Instrum., Yash Highvoltage, Alpex Solar, and Danish Power, while Average capital structure is seen at Ram Ratna Wires and Spectrum Electr., and Below Average capital structure is noted for HPL Electric and Marsons.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Yash Highvoltage at 115.60%, while HPL Electric has the lowest at -38.90%. HPL Electric's 1-year return is significantly lower than all its peers. Additionally, the six-month return is negative for HPL Electric, Marsons, and Servotech Renew.

Should I buy, sell or hold HPL Electric & Power Ltd?

When is the next results date for HPL Electric & Power Ltd?

The next results date for HPL Electric & Power Ltd is 27 May 2026.

The next results date for HPL Electric & Power Ltd is scheduled for 27 May 2026.

Are HPL Electric & Power Ltd latest results good or bad?

HPL Electric & Power Ltd's latest results show strong sales growth with a 20.75% increase year-on-year, but net profit declined by 12.66% quarter-on-quarter, indicating operational challenges. Overall, while sales are up, the decline in profitability and stock underperformance suggest caution for investors.

HPL Electric & Power Ltd's latest results present a mixed picture. On one hand, the company achieved a significant increase in net sales, reaching ₹473.92 crores, which represents a 20.75% year-on-year growth and a 9.09% increase quarter-on-quarter. This indicates strong revenue momentum and suggests that the company is effectively capturing market share.<BR><BR>However, the net profit for the same quarter fell to ₹19.45 crores, marking a 12.66% decline compared to the previous quarter, although it did show a 7.58% increase year-on-year. This decline in profit despite rising sales points to operational challenges, particularly in maintaining profitability amidst rising costs, as indicated by the contraction in both the PAT margin and gross profit margin.<BR><BR>Moreover, the stock has been underperforming significantly, down 30.43% over the past year compared to the Sensex's gain of 6.44%. This underperformance, combined with a bearish technical outlook and weak return metrics (such as a low return on equity of 5.48%), raises concerns about the company's overall financial health.<BR><BR>In summary, while HPL Electric has demonstrated strong sales growth, the decline in profitability and ongoing operational challenges suggest that the latest results are not entirely positive. Investors should be cautious, as the company faces significant hurdles that could impact future performance.

Is HPL Electric technically bullish or bearish?

As of November 18, 2025, HPL Electric's technical trend has shifted to a bearish stance with moderate strength, indicated by bearish MACD, Bollinger Bands, and moving averages, alongside significant underperformance against the Sensex.

As of 18 November 2025, the technical trend for HPL Electric has changed from mildly bearish to bearish. The current stance is bearish with moderate strength. Key indicators driving this assessment include a bearish MACD on the weekly chart, bearish Bollinger Bands, and bearish moving averages on the daily timeframe. The KST and Dow Theory also reflect bearish tendencies, although the Dow Theory shows mild bullishness on the weekly scale. The stock has underperformed against the Sensex significantly year-to-date and over the past year, further supporting the bearish outlook.

How has been the historical performance of HPL Electric?

HPL Electric has shown consistent growth in net sales and profitability, with net sales increasing from 1,013.95 Cr in March 2022 to 1,700.24 Cr in March 2025, and profit after tax rising from 7.80 Cr to 93.99 Cr in the same period, reflecting strong financial performance. Total assets also grew significantly, indicating robust financial health.

Answer:<BR>The historical performance of HPL Electric shows a consistent growth trajectory in net sales and profitability over the years, culminating in significant improvements by March 2025.<BR><BR>Breakdown:<BR>HPL Electric's net sales have increased from 1,013.95 Cr in March 2022 to 1,700.24 Cr in March 2025, reflecting a strong upward trend. Total operating income has followed suit, rising from 1,262.21 Cr in March 2023 to 1,700.24 Cr in March 2025. The company's operating profit (PBDIT) also saw a notable increase, reaching 259.52 Cr in March 2025, up from 129.33 Cr in March 2022. Profit before tax surged to 127.64 Cr in March 2025, compared to just 13.93 Cr in March 2022, while profit after tax rose to 93.99 Cr from 7.80 Cr in the same period. The earnings per share (EPS) improved significantly, reaching 14.58 in March 2025, up from 1.21 in March 2022. Total assets increased from 1,608.42 Cr in March 2022 to 2,084.82 Cr in March 2025, indicating robust growth in the company's financial position. Total liabilities also rose, from 1,608.42 Cr to 2,084.82 Cr, with total debt slightly increasing from 594.50 Cr to 633.09 Cr. Cash flow from operating activities improved to 138 Cr in March 2025, up from 84 Cr in March 2021, showcasing enhanced operational efficiency. Overall, HPL Electric has demonstrated strong financial performance and growth over the past few years.

Is HPL Electric overvalued or undervalued?

As of August 12, 2025, HPL Electric is considered fairly valued with a PE ratio of 40.02 and a strong growth potential indicated by a PEG ratio of 0.35, positioning it favorably against peers like Siemens Energy and ABB, while also having outperformed the Sensex with a return of 824.07% over the past three years.

As of 12 August 2025, HPL Electric's valuation grade has moved from very attractive to attractive, indicating a shift in its perceived value. The company is currently considered fairly valued. Key ratios include a PE ratio of 40.02, an EV to EBITDA of 17.00, and a PEG ratio of 0.35, which suggests that while the company is priced at a premium, its growth potential remains strong relative to its earnings.<BR><BR>In comparison to peers, HPL Electric's PE ratio is significantly lower than that of Siemens Energy Industries at 114.35 and ABB at 59.74, both categorized as very expensive. This positions HPL Electric favorably within its industry, particularly given its attractive PEG ratio compared to peers like Apar Industries, which has a PEG of 6.47. Notably, HPL Electric has outperformed the Sensex over a three-year period with a return of 824.07%, reinforcing its growth story despite recent short-term fluctuations.

Who are the top shareholders of the HPL Electric?

The top shareholders of HPL Electric include HPL India Limited with 27.33%, individual investors with 22.79%, and foreign institutional investors holding 0.7%. Additionally, there is a pledged promoter holding of 1.1773%.

The top shareholders of HPL Electric primarily include the promoters, with HPL India Limited holding the largest share at 27.33%. Additionally, individual investors collectively own 22.79% of the company. There are no mutual funds currently holding shares in HPL Electric, and foreign institutional investors (FIIs) hold a small stake of 0.7% through 30 different FIIs. The company also has a pledged promoter holding of 1.1773%.

Has HPL Electric declared dividend?

HPL Electric & Power Ltd has declared a 10% dividend, amounting to ₹1 per share, with an ex-date of September 23, 2024. While the dividend yield is modest at 0.17%, the company has shown significant long-term price appreciation, with total returns of 1983.29% over the past five years.

HPL Electric & Power Ltd has declared a 10% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 10%<BR>- Amount per share: 1 per share<BR>- Ex-date: 23 Sep 24<BR><BR>Dividend Yield: 0.17%.<BR><BR>Total Returns by Period:<BR>In the last 6 months, the price return was -4.23%, with no dividend return, resulting in a total return of -4.23%.<BR><BR>Over the past year, the price return was 42.36%, with a dividend return of 0.23%, leading to a total return of 42.59%.<BR><BR>In the 2-year period, the price return was 468.41%, with a dividend return of 1.63%, resulting in a total return of 470.04%.<BR><BR>For the 3-year period, the price return was 774.9%, with a dividend return of 3.68%, culminating in a total return of 778.58%.<BR><BR>In the last 4 years, the price return was 943.96%, with a dividend return of 3.57%, leading to a total return of 947.53%.<BR><BR>Over the past 5 years, the price return was 1976.5%, with a dividend return of 6.79%, resulting in a total return of 1983.29%.<BR><BR>Overall, HPL Electric has declared a dividend, and while recent returns have varied, the long-term performance shows significant growth, particularly in price returns over the years. The dividend yield remains modest, indicating that while the company is rewarding shareholders, the primary returns have been driven by price appreciation.