About
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.
Key Metrics
as of Sep 2026Quarterly Results
Rs. Crores · hover row for definition| Metric | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 513.00 | 512.00 | 461.00 | 488.00 | 397.00 | 508.00 | 385.00 | 401.00 | 390.00 | 413.00 | 358.00 | 338.00 | 312.00 |
| Expenses | 451.00 | 430.00 | 394.00 | 427.00 | 343.00 | 434.00 | 331.00 | 346.00 | 336.00 | 361.00 | 310.00 | 294.00 | 275.00 |
| Operating Profit | 62.00 | 82.00 | 67.00 | 61.00 | 54.00 | 74.00 | 53.00 | 56.00 | 54.00 | 53.00 | 47.00 | 44.00 | 37.00 |
| OPM % | 12.00 | 16.00 | 14.00 | 13.00 | 14.00 | 15.00 | 14.00 | 14.00 | 14.00 | 13.00 | 13.00 | 13.00 | 12.00 |
| Other Income | 1.00 | 2.00 | -5.00 | 1.00 | 1.00 | 2.00 | 1.00 | 1.00 | 1.00 | 2.00 | 0.00 | 1.00 | 1.00 |
| Depreciation | 17.00 | 23.00 | 15.00 | 12.00 | 11.00 | 10.00 | 10.00 | 10.00 | 9.00 | 11.00 | 8.00 | 8.00 | 8.00 |
| Interest | 21.00 | 22.00 | 25.00 | 23.00 | 22.00 | 22.00 | 20.00 | 20.00 | 23.00 | 23.00 | 21.00 | 21.00 | 20.00 |
| Profit before tax | 24.00 | 39.00 | 23.00 | 27.00 | 23.00 | 44.00 | 24.00 | 26.00 | 23.00 | 21.00 | 18.00 | 16.00 | 10.00 |
| Tax % | 25.00 | 26.00 | 25.00 | 26.00 | 26.00 | 26.00 | 26.00 | 25.00 | 26.00 | 36.00 | 37.00 | 35.00 | 35.00 |
| Net Profit | 18.00 | 29.00 | 17.00 | 20.00 | 17.00 | 33.00 | 18.00 | 19.00 | 17.00 | 13.00 | 12.00 | 10.00 | 6.00 |
| EPS in Rs | 2.79 | 4.46 | 2.67 | 3.15 | 2.63 | 5.08 | 2.77 | 3.03 | 2.61 | 2.05 | 1.79 | 1.56 | 1.01 |
Profit & Loss
Annual · Rs. Crores| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1,858.00 | 1,684.00 | 1,421.00 | 1,215.00 | 1,004.00 | 850.00 | 925.00 | 1,103.00 | 1,000.00 | 927.00 | 1,115.00 | 1,045.00 |
| Expenses | 1,593.00 | 1,447.00 | 1,239.00 | 1,069.00 | 889.00 | 741.00 | 814.00 | 985.00 | 903.00 | 819.00 | 974.00 | 920.00 |
| Operating Profit | 265.00 | 238.00 | 182.00 | 145.00 | 116.00 | 109.00 | 111.00 | 117.00 | 97.00 | 108.00 | 142.00 | 125.00 |
| OPM % | 14.00 | 14.00 | 13.00 | 12.00 | 12.00 | 13.00 | 12.00 | 11.00 | 10.00 | 12.00 | 13.00 | 12.00 |
| Other Income | -2.00 | 4.00 | 3.00 | 3.00 | 3.00 | 3.00 | 3.00 | 4.00 | 4.00 | 4.00 | 5.00 | 5.00 |
| Interest | 91.00 | 85.00 | 85.00 | 71.00 | 64.00 | 60.00 | 56.00 | 53.00 | 46.00 | 62.00 | 78.00 | 70.00 |
| Depreciation | 60.00 | 39.00 | 35.00 | 35.00 | 44.00 | 42.00 | 35.00 | 30.00 | 21.00 | 23.00 | 19.00 | 16.00 |
| Profit before tax | 112.00 | 117.00 | 64.00 | 43.00 | 11.00 | 11.00 | 23.00 | 39.00 | 33.00 | 27.00 | 49.00 | 44.00 |
| Tax % | 26.00 | 26.00 | 36.00 | 35.00 | 34.00 | 26.00 | 28.00 | 32.00 | 31.00 | 24.00 | 24.00 | 21.00 |
| Net Profit | 83.00 | 87.00 | 41.00 | 28.00 | 7.00 | 8.00 | 17.00 | 26.00 | 23.00 | 20.00 | 37.00 | 34.00 |
| EPS in Rs | 12.92 | 13.50 | 6.42 | 4.32 | 1.11 | 1.24 | 2.60 | 4.10 | 3.55 | 3.13 | 7.98 | 18.54 |
| Dividend Payout % | 8.00 | 7.00 | 16.00 | 23.00 | 14.00 | 12.00 | 6.00 | 5.00 | 28.00 | 48.00 | 1.00 | 1.00 |
Balance Sheet
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 64.00 | 64.00 | 64.00 | 64.00 | 64.00 | 64.00 | 64.00 | 64.00 | 64.00 | 64.00 | 46.00 | 19.00 |
| Reserves | 913.00 | 836.00 | 756.00 | 723.00 | 696.00 | 691.00 | 683.00 | 668.00 | 650.00 | 639.00 | 309.00 | 300.00 |
| Borrowings | 735.00 | 620.00 | 585.00 | 559.00 | 553.00 | 540.00 | 543.00 | 481.00 | 437.00 | 330.00 | 579.00 | 514.00 |
| Other Liabilities | 627.00 | 512.00 | 405.00 | 283.00 | 256.00 | 237.00 | 220.00 | 251.00 | 317.00 | 350.00 | 404.00 | 307.00 |
| Total Liabilities | 2,338.00 | 2,032.00 | 1,809.00 | 1,629.00 | 1,570.00 | 1,532.00 | 1,510.00 | 1,464.00 | 1,468.00 | 1,382.00 | 1,339.00 | 1,141.00 |
| Fixed Assets | 573.00 | 456.00 | 418.00 | 406.00 | 404.00 | 422.00 | 451.00 | 412.00 | 392.00 | 371.00 | 350.00 | 307.00 |
| CWIP | 41.00 | 7.00 | 7.00 | 7.00 | 8.00 | 1.00 | 3.00 | 7.00 | 0.00 | 0.00 | 3.00 | 0.00 |
| Investments | 54.00 | 54.00 | 54.00 | 54.00 | 54.00 | 54.00 | 54.00 | 54.00 | 54.00 | 54.00 | 54.00 | 15.00 |
| Other Assets | 1,670.00 | 1,515.00 | 1,330.00 | 1,161.00 | 1,104.00 | 1,056.00 | 1,002.00 | 992.00 | 1,022.00 | 957.00 | 932.00 | 819.00 |
| Total Assets | 2,338.00 | 2,032.00 | 1,809.00 | 1,629.00 | 1,570.00 | 1,532.00 | 1,510.00 | 1,464.00 | 1,468.00 | 1,382.00 | 1,339.00 | 1,141.00 |
Cash Flows
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 210.00 | 131.00 | 93.00 | 94.00 | 94.00 | 73.00 | 53.00 | 60.00 | 9.00 | -8.00 | 112.00 | 27.00 |
| Cash from Investing Activity | -213.00 | -70.00 | -37.00 | -36.00 | -37.00 | -4.00 | -58.00 | -47.00 | -52.00 | -47.00 | -92.00 | -39.00 |
| Cash from Financing Activity | 18.00 | -59.00 | -67.00 | -65.00 | -55.00 | -63.00 | 4.00 | -17.00 | 44.00 | 56.00 | -16.00 | 20.00 |
| Net Cash Flow | 15.00 | 2.00 | -11.00 | -7.00 | 1.00 | 5.00 | -1.00 | -4.00 | 1.00 | 1.00 | 4.00 | 8.00 |
| Free Cash Flow | -6.00 | 56.00 | 53.00 | 56.00 | 54.00 | 65.00 | -8.00 | 10.00 | -47.00 | -59.00 | 62.00 | -16.00 |
| CFO/OP % | 91.00 | 66.00 | 58.00 | 69.00 | 83.00 | 68.00 | 52.00 | 56.00 | 19.00 | -1.00 | 85.00 | 30.00 |
Ratios
Annual · Days / % — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 146.00 | 151.00 | 167.00 | 164.00 | 167.00 | 212.00 | 174.00 | 150.00 | 163.00 | 185.00 | 166.00 | 140.00 |
| Inventory Days | 215.00 | 216.00 | 215.00 | 208.00 | 269.00 | 286.00 | 264.00 | 198.00 | 215.00 | 202.00 | 148.00 | 156.00 |
| Days Payable | 153.00 | 137.00 | 112.00 | 94.00 | 117.00 | 121.00 | 102.00 | 103.00 | 150.00 | 150.00 | 164.00 | 124.00 |
| Cash Conversion Cycle | 208.00 | 230.00 | 270.00 | 278.00 | 318.00 | 377.00 | 336.00 | 244.00 | 228.00 | 237.00 | 150.00 | 172.00 |
| Working Capital Days | 72.00 | 81.00 | 101.00 | 89.00 | 91.00 | 100.00 | 81.00 | 61.00 | 66.00 | 82.00 | 13.00 | 24.00 |
| ROCE % | 13.00 | 14.00 | 11.00 | 9.00 | 6.00 | 5.00 | 6.00 | 8.00 | 7.00 | 9.00 | 14.00 | 14.00 |
Corporate Actions
9 records| Action | Ex Date | Record Date | Ratio | Amount (₹) | Notes |
|---|---|---|---|---|---|
| Dividend | 22 Sep 2025 | 22 Sep 2025 | — | 1.00 | |
| Dividend | 23 Sep 2024 | 23 Sep 2024 | — | 1.00 | |
| Dividend | 22 Sep 2023 | — | — | 1.00 | |
| Dividend | 22 Sep 2022 | — | — | 0.15 | |
| Dividend | 22 Sep 2021 | — | — | 0.15 | |
| Dividend | 22 Sep 2020 | — | — | 0.15 | |
| Dividend | 18 Sep 2019 | — | — | 0.20 | |
| Dividend | 18 Sep 2018 | — | — | 1.00 | |
| Dividend | 19 Sep 2017 | — | — | 1.50 |
Announcements
5 filingsShareholding Pattern
Open on BSEFinancial Results — Filings
Open on BSEBoard Filings
Open on BSEAnnual Reports
Credit Ratings
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Rating update26 Jun from fitch
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Rating update9 Apr from crisil
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Rating update27 Mar 2025 from fitch
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Rating update9 Jan 2025 from crisil
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Rating update31 Dec 2024 from crisil
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Rating update4 Dec 2024 from crisil
Conference Calls
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