Hitachi Energy India Limited (POWERINDIA) AI Stock Analysis

• Market Cap: ₹796.13B
• Dividend Yield: 0.03%
• Average Volume (3M): 3.62K
• Price to Earnings (P/E): 109.9
• Beta (1Y): 1.37
• Revenue Growth: 16.49%
• EPS Growth: 245.51%
• Country: IN
• Employees: 2,375
• Sector: Energy
• Sector Strength: 52
• Industry: Hardware, Equipment & Parts
• EPS (TTM): 59.30
• Shares Outstanding: 44,572,365
• 10 Day Avg. Volume: 1,814
• 30 Day Avg. Volume: 3,624
• PEG Ratio: 1.02
• Price to Book (P/B): 12.38
• Price to Sales (P/S): 8.17
• P/FCF Ratio: 38.21
• 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: ₹24,504.00
• Price Target Upside: 30.19% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 68 Neutral
• Price Target: ₹24,853.00 ▲(32.04% Upside)

Hitachi Energy India Limited exhibits strong financial performance with robust revenue and profit growth, supported by a stable balance sheet and excellent cash flow generation. However, the technical analysis indicates a bullish trend with caution due to overbought signals. The high P/E ratio suggests potential overvaluation, which is a significant risk factor. The absence of earnings call and corporate events data limits further insights.

Positive Factors

Revenue Growth

The significant revenue growth of 22.22% demonstrates the company's ability to expand its market presence and capitalize on industry trends, ensuring long-term business viability and competitiveness.

Cash Generation

Strong cash generation enhances financial flexibility, allowing the company to invest in growth opportunities, manage debt effectively, and provide shareholder returns, supporting sustainable business operations.

Balance Sheet Health

A low debt-to-equity ratio reflects a conservative financial strategy, reducing financial risk and enhancing stability, which supports long-term operational resilience and strategic investments.

Negative Factors

Shareholder Returns

The relatively low ROE suggests that while the company is financially stable, there is room for improvement in generating higher returns for shareholders, which could impact investor satisfaction and stock performance.

Valuation Concerns

A high P/E ratio indicates potential overvaluation, which could lead to market corrections and impact investor confidence, affecting the company's ability to attract new investments and sustain stock price growth.

Profitability Margins

Despite improvement, the net profit margin remains modest, suggesting that while operational efficiency is improving, further enhancements are needed to achieve industry-leading profitability and maximize shareholder value.

Hitachi Energy India Limited Business Overview & Revenue Model

Company Description

ABB Power Products and Systems India Limited develops, engineers, manufactures, and sells products, systems, and projects for electricity transmission and related activities in India and internationally. The company's products include a range of high-voltage products, transformers, grid automation and integration products, high-voltage direct current products, and power quality products and systems. The company was incorporated in 2019 and is headquartered in Bengaluru, India. ABB Power Products and Systems India Limited is a subsidiary of ABB Asea Brown Boveri Limited.

How the Company Makes Money

Hitachi Energy India Limited generates revenue through multiple streams that include the sale of electrical equipment and systems, such as transformers, switchgear, and automation solutions. The company also earns income from service contracts related to the installation, maintenance, and optimization of its products. Additionally, partnerships with government bodies, utilities, and private sector companies for large-scale infrastructure projects significantly contribute to its earnings, especially in the context of India's transition to renewable energy sources and modernization of the electrical grid. The company benefits from the growing demand for sustainable energy solutions and digitalization trends in the power sector, positioning it strategically for continued revenue growth.

Hitachi Energy India Limited Financial Statement Overview

Summary

Hitachi Energy India Limited demonstrates a strong financial position across all verticals. The income statement reflects solid revenue and profit growth, while the balance sheet indicates a low-risk financial structure with minimal leverage. Cash flow analysis reveals robust cash generation and liquidity. The company is well-positioned for continued growth and financial stability, though there is potential for improving shareholder returns and optimizing asset utilization.

Income Statement

Hitachi Energy India Limited exhibits robust revenue growth, with a significant increase from ₹52,374.9 million in 2024 to ₹63,849.3 million in 2025, marking a growth rate of approximately 22.22%. Gross profit margin improved to 37.9% in 2025, compared to 19.2% in 2024, reflecting enhanced efficiency in cost management. The company's net profit margin also rose to 6.01% from 3.13%, indicating stronger bottom-line performance. EBIT and EBITDA margins showed healthy figures at 7.9% and 9.33% respectively, suggesting solid operational performance. Overall, the income statement highlights strong growth and profitability, with a trajectory of increasing financial health.

Balance Sheet

The balance sheet of Hitachi Energy India Limited reflects a stable financial structure with a debt-to-equity ratio of 0.02, indicating low leverage and a conservative approach to debt. Return on equity (ROE) stood at 9.11%, showcasing effective use of shareholder funds for generating profits. The equity ratio was 48.93%, demonstrating a strong equity base relative to total assets. This indicates the company's financial stability and low-risk profile, although the relatively lower ROE suggests room for improvement in enhancing shareholder returns.

Cash Flow

Cash flow performance is robust, with a significant increase in free cash flow to ₹13,656.4 million in 2025 from ₹1,222.7 million in 2024, representing a remarkable growth rate. The operating cash flow to net income ratio is highly favorable at 3.89, indicating strong cash generation relative to profits. Additionally, the free cash flow to net income ratio of 3.56 highlights efficient cash management and strong liquidity. Overall, the cash flow statement underscores the company's strong cash generation capabilities and effective capital expenditure management.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	65.37B	63.85B	52.37B	44.69B	38.68B	34.20B
Gross Profit	23.59B	23.67B	17.96B	15.69B	13.72B	13.71B
EBITDA	7.11B	5.80B	3.33B	2.47B	2.25B	2.40B
Net Income	5.05B	3.84B	1.64B	939.00M	1.64B	998.00M
Balance Sheet
Total Assets	0.00	86.13B	47.77B	39.19B	35.24B	35.03B
Cash, Cash Equivalents and Short-Term Investments	38.07B	38.07B	1.28B	1.63B	859.40M	3.19B
Total Debt	0.00	884.50M	2.14B	3.34B	1.90B	390.70M
Total Liabilities	-42.14B	43.99B	34.17B	27.03B	23.91B	25.71B
Stockholders Equity	42.14B	42.14B	13.60B	12.15B	11.32B	9.33B
Cash Flow
Free Cash Flow	0.00	13.66B	1.22B	-66.40M	-2.95B	5.18B
Operating Cash Flow	0.00	14.94B	2.12B	53.70M	-1.27B	6.10B
Investing Cash Flow	0.00	-1.10B	-889.40M	-117.70M	-1.67B	-889.90M
Financing Cash Flow	0.00	22.95B	-1.58B	836.90M	605.90M	-3.90B

Hitachi Energy India Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 18822.35
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:POWERINDIA, the sentiment is Negative. The current price of 18822.35 is above the 20-day moving average (MA) of 18701.24, below the 50-day MA of 19960.62, and above the 200-day MA of 18202.87, indicating a bearish trend. The MACD of -357.85 indicates Negative momentum. The RSI at 38.74 is Neutral, neither overbought nor oversold. The STOCH value of 46.92 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:POWERINDIA.

Hitachi Energy India Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
ADANIENSOL	76 Outperform	₹1.15T	51.19	―	―	22.98%	328.13%
POWERINDIA	68 Neutral	₹796.13B	109.91	―	0.03%	16.49%	245.51%
Sector *	65 Neutral	$15.17B	7.61	4.09%	5.20%	3.87%	-62.32%
SUZLON	64 Neutral	₹674.64B	21.22	―	―	74.67%	229.31%
JSWENERGY	63 Neutral	₹856.93B	42.29	―	0.41%	39.71%	1.33%
IREDA	62 Neutral	₹383.88B	20.05	―	―	33.44%	17.49%
SWSOLAR	43 Neutral	₹46.39B	-12.50	―	―	112.24%	-474.43%

Hitachi Energy India Limited Corporate Events

Hitachi Energy India to Appeal GST Audit Order

Hitachi Energy India Limited has received an order from the Deputy Commissioner State Tax in Lucknow, Uttar Pradesh, regarding a GST audit for the fiscal year 2021-22. The order includes demands for tax, interest, and penalties due to alleged discrepancies in tax payments and input tax credit claims. The company considers these demands arbitrary and plans to appeal the decision, indicating potential financial implications but expressing confidence in their legal position.

Hitachi Energy India Transfers Project Obligations to AESL Projects Limited

Hitachi Energy India Limited, in partnership with Bharat Heavy Electricals Limited, has entered into a novation agreement with AESL Projects Limited. This agreement transfers the obligations of Rajasthan Part I Power Transmission Limited to AESL Projects Limited for the execution of a high voltage direct current (HVDC) link project. The project aims to transmit renewable energy from Bhadla III in Rajasthan and Fatehpur in Uttar Pradesh. The novation agreement ensures that all rights and obligations under the original contracts are assumed by AESL Projects Limited, maintaining the project’s continuity and alignment with previous terms.