HPL Electric & Power Limited (HPL) AI Stock Analysis

• Market Cap: ₹21.77B
• Dividend Yield: 0.24%
• Average Volume (3M): 13.15K
• Price to Earnings (P/E): 33.7
• Beta (1Y): 1.49
• Revenue Growth: 6.08%
• EPS Growth: 49.44%
• Country: IN
• Employees: 1,262
• Sector: Industrials
• Sector Strength: 72
• Industry: Electrical Equipment & Parts
• EPS (TTM): 3.02
• Shares Outstanding: 64,300,490
• 10 Day Avg. Volume: 9,762
• 30 Day Avg. Volume: 13,152
• PEG Ratio: 0.25
• Price to Book (P/B): 2.99
• Price to Sales (P/S): 1.60
• P/FCF Ratio: 42.24
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: ₹447.00
• Price Target Upside: 13.41% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1
• EPS Forecast (FY): 22
• Revenue Forecast (FY): ₹26.56B

• Rating: 65 Neutral
• Price Target: ₹345.00 ▼(-12.47% Downside)
• Action: Reiterated Date: 04/09/26
• Date: Action: Reiterated 04/09/26

The score is primarily supported by strong financial performance (growth, margin expansion, and solid cash flows). This is offset by weaker technical signals (negative MACD and longer-term moving averages still above price) and a less attractive valuation (high P/E and low dividend yield).

Positive Factors

Revenue & Margin Expansion

Sustained revenue growth and rising gross margins reflect durable demand and improving unit economics across HPL's product lines. This scale-driven margin expansion supports reinvestment in manufacturing and R&D, strengthening long-term profitability and competitive positioning.

Negative Factors

Moderate Leverage

Moderate leverage, while not acute, limits cushion against demand shocks and raises interest cost sensitivity. If capex or working capital needs rise, leverage could increase and constrain strategic options, making capital structure improvements an important medium-term priority.

HPL Electric & Power Limited Business Overview & Revenue Model

Company Description

HPL Electric & Power Limited manufactures and sells electric equipment under the HPL brand in India. The company operates through four segments: Metering, Switchgear, Lighting & Electronics, and Cables. It offers digital panel and energy, multi-fu...

Read more

HPL Electric & Power Limited manufactures and sells electric equipment under the HPL brand in India. The company operates through four segments: Metering, Switchgear, Lighting & Electronics, and Cables. It offers digital panel and energy, multi-fu...

How the Company Makes Money

HPL primarily makes money by manufacturing and selling electrical equipment across multiple product lines. A major revenue stream is the sale of electricity meters (including conventional and smart/prepaid variants, where applicable) and related m...

Read more

HPL primarily makes money by manufacturing and selling electrical equipment across multiple product lines. A major revenue stream is the sale of electricity meters (including conventional and smart/prepaid variants, where applicable) and related m...

HPL Electric & Power Limited Financial Statement Overview

Breakdown	TTM	Mar 2025	Mar 2023	Mar 2022	Mar 2021	Mar 2020
Income Statement
Total Revenue	17.05B	17.05B	14.61B	10.14B	8.75B	9.77B
Gross Profit	6.15B	6.00B	4.85B	3.60B	3.22B	3.64B
EBITDA	2.67B	2.60B	1.81B	1.29B	1.23B	1.23B
Net Income	959.25M	937.69M	435.64M	77.73M	99.64M	217.72M
Balance Sheet
Total Assets	22.64B	20.95B	18.74B	16.38B	15.90B	15.69B
Cash, Cash Equivalents and Short-Term Investments	881.33M	612.82M	263.62M	390.80M	402.03M	295.70M
Total Debt	7.42B	6.39B	6.27B	5.97B	5.88B	5.94B
Total Liabilities	13.06B	11.78B	10.44B	8.72B	8.30B	8.19B
Stockholders Equity	9.56B	9.15B	8.28B	7.64B	7.58B	7.49B
Cash Flow
Free Cash Flow	-363.13M	646.79M	568.25M	560.78M	704.70M	-51.42M
Operating Cash Flow	1.15B	1.38B	1.00B	1.01B	845.60M	625.14M
Investing Cash Flow	-1.62B	-701.26M	-393.65M	-413.09M	-81.42M	-599.02M
Financing Cash Flow	573.54M	-657.24M	-723.13M	-580.34M	-705.97M	-29.41M

HPL Electric & Power Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 394.15
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:HPL, the sentiment is Positive. The current price of 394.15 is above the 20-day moving average (MA) of 301.42, above the 50-day MA of 321.37, and below the 200-day MA of 428.31, indicating a neutral trend. The MACD of 7.30 indicates Negative momentum. The RSI at 65.72 is Neutral, neither overbought nor oversold. The STOCH value of 94.96 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:HPL.

HPL Electric & Power Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
GENUSPOWER	74 Outperform	₹90.17B	14.87	―	0.82%	129.98%	215.49%
RRKABEL	74 Outperform	₹157.44B	34.73	―	0.49%	17.36%	52.81%
BBL	70 Outperform	₹29.51B	30.72	―	1.27%	16.36%	21.58%
FINCABLES	66 Neutral	₹135.07B	17.47	―	1.04%	7.42%	-4.96%
HPL	65 Neutral	₹21.77B	33.68	―	0.24%	6.08%	49.44%
UNIVCABLES	64 Neutral	₹27.73B	28.34	―	0.45%	24.03%	51.58%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%

HPL Electric & Power Limited Corporate Events