HPL Electric & Power Limited
₹226.45-₹8.15 (-3.5%)
Last close · Data as of Oct 30, 2026
- Market cap
- ₹2,296 Cr
- P/E
- 26.2x
- EV / EBITDA
- 14.1x
- Revenue
- ₹1,684 Cr
- Net margin
- 2.9%
- ROCE
- 13.0%
Price chart
Technical chartScreen technicals →-48.7% over the last year
Daily closes.
Go deeper
Technical chart: candles, 9 moving averages, RSI, MACD and drawing tools
Performance
Price change over each period, before dividends.
- 1M
- -15.7%
- 3M
- -31.6%
- 6M
- -36.8%
- 1Y
- -48.7%
- 5Y
- +233.8%
52-week range
Day change -₹8.15 (-3.5%) from ₹235 to ₹226 · Last close Oct 30, 2026
Best weekday to invest, historically
The same weekly amount in HPL, bought on each weekday since 2021.
AI Summary
Indian StockStrengths1
- Strong 5-year net profit CAGR of 19.3%
Concerns1
- Low return on equity of 5.0%
Rule-based from financial data. Not advice.
About the company
HPL Electric & Power Limited manufactures and sells electric equipment under the HPL brand in India. It offers digital panel and energy, multi-function, load managers, demand controllers, power quality, projection, dual source energy, HTCT, and keypad based prepaid energy meters; power factor control and regulators; meter cover boxes; and data acquisition and billing solutions.
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HPL Electric & Power Limited manufactures and sells electric equipment under the HPL brand in India. It offers digital panel and energy, multi-function, load managers, demand controllers, power quality, projection, dual source energy, HTCT, and keypad based prepaid energy meters; power factor control and regulators; meter cover boxes; and data acquisition and billing solutions. The company also provides edeno, smarts, tuff modular switches; LED lighting products, including bulbs, tube lights, panel lights, downlights, spotlights, strip, street lights, floodlights, and decorative lights, as well as boilers and petrol pump, high bay, box type LED, weatherproof, and well glass lights; and smarter accessories, such as angle and batten holder, multi plug, ceiling rose, plug top, extension cord, power strip and spike guards, door bells, O-protect, and DP switches, as well as sockets and support modules. In addition, it offers air circuit breakers, MCCB products, automatic transfer switches, changeover switches, control and fuse gears, motor starters, isolators, SFU and offload changeover, panels and enclosures, visual cutoff switch, and fuses and fuse base; and MCB, RCCB, RCBO, MCB changeover, ACCL 1 phase and 3 phase, and distribution boards. Further, the company provides domestic and industrial wires; specialty cables, including data networking, CCTV, fire alarm, low induction, instrumentation, and hybrid cables; power cables such as multi core telephone, networking, and fire survival; and control cables, such as submersible and ZHFR. Additionally, it offers ceiling, portable, ventilation, and farata fans; and solar products. It serves institutional, commercial, and residential customers; power utilities; and government agencies through dealers and distributors. The company also exports its products to approximately 42 countries. HPL Electric & Power Limited was incorporated in 1992 and is based in Sonipat, India.
- Sector
- Consumer Discretionary
- Shares outstanding
- 6.4 Cr shares
- ISIN
- INE495S01016
- BSE code
- 540136
Key statistics
Screen fundamentals →Valuation, profitability, growth and solvency at the latest close; hover a label for its meaning.
Valuation
- Market cap
- ₹2,296 Cr
- P/E
- 26.2x
- P/B
- 2.4x
- EV / EBITDA
- 14.1x
- EV / Sales
- 1.8x
- P/S
- 1.6x
- Earnings yield
- 3.8%
- 52-week high
- ₹465.70
- 52-week low
- ₹226.45
Profitability
- Operating margin
- 12.8%
- Net margin
- 2.9%
- EBITDA margin
- 13.0%
- ROE
- 5.0%
- ROCE
- 13.0%
- ROA
- 2.3%
- Dividend payout
- 16.0%
- Tax rate
- 36.0%
- Other income, % of PBT
- 4.7%
Growth
- RevenueLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹1,684 Cr
- Revenue growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 18.5%
- Revenue CAGR, 5YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 9.0%
- EBITDALatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹185 Cr
- EBITDA growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 25.0%
- Net profit growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 112.2%
- Net profit CAGR, 5YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 19.3%
- Cash from operationsLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹93.0 Cr
- CFO growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- -1.1%
- Free cash flowLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹2.00 Cr
- Asset growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 11.0%
Solvency and efficiency
- Current ratio
- 3.42
- Debt / Equity
- 0.71
- Debt / Assets
- 0.32
- Debt / EBITDA
- 3.16
- Interest coverage
- 2.14
- Financial leverage
- 2.21
- CFO / Net profit
- 2.27
- Cash / Market cap
- 57.9%
- Cash per share
- ₹206.80
- Asset turnover
- 0.79
- Fixed asset turnover
- 3.40
- Capital intensity
- 0.29
- Debtor days
- 167 days
- Inventory turnover
- 1.70
- Cash conversion cycle
- 270 days
Where the revenue went
Some FY2025 lines are not reported, so the ones that are appear as a table.
| Line | FY2025 |
|---|---|
| Sales | ₹1,684 Cr |
| Expenses | ₹1,447 Cr |
| Operating profit | ₹238 Cr |
| Other income | ₹4 Cr |
| Interest | ₹85 Cr |
| Depreciation | ₹39 Cr |
| Profit before tax | ₹117 Cr |
| Tax and other | ₹30 Cr |
| Net profit | ₹87 Cr |
Revenue and net profit
Revenue grew 18.5% in FY2025; net profit is the dashed line.
| Date | Revenue | Net profit |
|---|---|---|
| FY2021 | ₹850 Cr | ₹8 Cr |
| FY2022 | ₹1,004 Cr | ₹7 Cr |
| FY2023 | ₹1,215 Cr | ₹28 Cr |
| FY2024 | ₹1,421 Cr | ₹41 Cr |
| FY2025 | ₹1,684 Cr | ₹87 Cr |
Cash flows
FY2025: ₹131 Cr from operations, ₹61.0 Cr free after investment (dashed).
| Date | Operating cash flow | Free cash flow |
|---|---|---|
| FY2021 | ₹73 Cr | ₹69 Cr |
| FY2022 | ₹94 Cr | ₹57 Cr |
| FY2023 | ₹94 Cr | ₹58 Cr |
| FY2024 | ₹93 Cr | ₹56 Cr |
| FY2025 | ₹131 Cr | ₹61 Cr |
Growth
Latest fiscal year FY2025 (ending March): each figure with its change over the year before.
- Revenue
- ₹1,684 Cr+18.5%1Y
- Net profit
- ₹87 Cr+112.2%1Y
- Cash from operations
- ₹131 Cr
- Free cash flow
- ₹61 Cr+8.9%1Y
- Revenue CAGR, 5Y
- 9.0%
- EBITDA CAGR, 5Y
- 10.2%
- Net profit CAGR, 5Y
- 19.3%
| Year | Revenue | Operating income | EBITDA | Net profit | CFO | FCF | ROE | Revenue growth 1Y | Net profit growth 1Y |
|---|---|---|---|---|---|---|---|---|---|
| FY2025 | ₹1,684 Cr | ₹238 Cr | — | ₹87 Cr | ₹131 Cr | ₹61 Cr | 9.7% | +18.5% | +112.2% |
Monthly returns
Month-by-month returns of HPL across the years, with the seasonal pattern.
Balance sheet
What the company owns and owes at the end of FY2025.
| Line | FY2025 |
|---|---|
| Liabilities and equity | ₹2,032 Cr |
| Equity capital | ₹64 Cr |
| Reserves | ₹836 Cr |
| Borrowings | ₹620 Cr |
| Other liabilities | ₹512 Cr |
| Assets | ₹2,032 Cr |
| Fixed assets | ₹456 Cr |
| Capital work in progress | ₹7 Cr |
| Investments | ₹54 Cr |
| Other assets | ₹1,515 Cr |
Market cap against peers
8 peers: same sector group, nearest by size.
P/E against peers
HPL trades at 26.2x earnings against a peer median of 55.4x (a 53% discount).
Not shown (no positive earnings and no EV / Sales): Greenpanel Industries Limited.
Peer comparison
Same-sector peers by market cap, with the median.
| Company | Market cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|
| HPL Electric & Power LimitedHPLthis companyP/E ↓ discount | ₹2,296 Cr | 26.2x | 2.4x | 5.0% | 14.1x |
| Greenply Industries LtdGREENPLY | ₹3,050 Cr | 33.2x | 3.5x | 12.9% | 19.4x |
| KDDL LtdKDDL | ₹2,853 Cr | 56.3x | 8.1x | 55.4% | 10.4x |
| Apeejay Surrendra Park Hotels LimitedPARKHOTELS | ₹2,704 Cr | 29.4x | 2.1x | 5.5% | 13.8x |
| Greenpanel Industries LimitedGREENPANEL | ₹2,650 Cr | — | 1.9x | 10.3% | 10.6x |
| EPACK Durable LimitedEPACK | ₹2,615 Cr | 53.6x | 2.7x | 4.0% | 22.3x |
| Easy Trip Planners LimitedEASEMYTRIP | ₹2,579 Cr | 48.4x | 2.9x | 18.7% | 14.7x |
| SPICE LOUNGE FOOD WORKS LIMITEDSPICE LOUNGE | ₹2,295 Cr | 5884.0x | 22.2x | -1.8% | -45883.7x |
| Go Fashion (India) LimitedGOCOLORS | ₹2,189 Cr | 24.8x | 3.0x | 13.7% | 9.6x |
| Peer median | — | 55.4x | 6.3x | 11.8% | 36.3x |
Year-to-date ROI
HPL since 1 January, against earlier years.
Historical volatility
HPL's day-to-day swings over 30, 60 and 180 days.
Financial statements
Income statement, balance sheet and cash flow as reported, in ₹ crore, grouped into plain-language lines.
Figures in ₹ crore as reported, fiscal years ending March, newest first; the trailing twelve months (TTM) last.
Operating margin by fiscal year
| Date | Operating margin |
|---|---|
| FY2021 | 13.0% |
| FY2022 | 12.0% |
| FY2023 | 12.0% |
| FY2024 | 13.0% |
| FY2025 | 14.0% |
| Line | FY2025 |
|---|---|
| RevenueSales | ₹1,684 Cr |
| Costs | |
| Interest | ₹85 Cr |
| Expenses | ₹1,447 Cr |
| Operating profitOperating Profit | ₹238 Cr |
| Other income and charges | |
| Profit before tax | ₹117 Cr |
| Tax | |
| Net profitNet Profit | ₹87 Cr |
| Per share |
| Line | FY2025 |
|---|---|
| Liabilities and equityTotal Liabilities | ₹2,032 Cr |
| Equity capitalEquity Capital | ₹64 Cr |
| Reserves | ₹836 Cr |
| Borrowings | ₹620 Cr |
| Other liabilitiesOther Liabilities | ₹512 Cr |
| AssetsTotal Assets | ₹2,032 Cr |
| Fixed assetsFixed Assets | ₹456 Cr |
| Capital work in progressCWIP | ₹7 Cr |
| Investments | ₹54 Cr |
| Other assetsOther Assets | ₹1,515 Cr |
| Line | FY2025 |
|---|---|
| Operating cash flowCash from Operating Activity | ₹131 Cr |
| Investing cash flowCash from Investing Activity | -₹70 Cr |
| Financing cash flowCash from Financing Activity | -₹59 Cr |
| Change in cashNet Cash Flow | ₹2 Cr |
Learn while you research
Academy chapters picked for HPL Electric & Power Limited and the metrics on this page.
- 01 Taxes on Investments (India)LTCG, STCG, dividend tax, what every Indian investor needs.6 min read
- 02 Stock Valuation BasicsHow to think about what a fair price for a stock looks like.7 min read
- 03 Stock Market RisksSmall caps carry concentrated, idiosyncratic risk, learn to manage it.6 min read
- 04 Cyclical vs Defensive StocksConsumer staples behave defensively across the business cycle.6 min read
- 05 Essential Stock RatiosP/E, P/B, EV/EBITDA, what they mean and when to use each.7 min read
- 06 How to Read a Cash-Flow StatementProfit can be manipulated; cash flow rarely lies.7 min read