Hitachi Energy India has released its Q1 FY26-27 analyst presentation, detailing strong performance driven by key order wins in renewables, data centers, and industries. The company highlighted significant progress on its ESG targets, including substantial reductions in CO2 emissions and waste. Strategic priorities focus on strengthening core markets and business segments, aiming for revenue and margin growth through capacity expansions and operational excellence.
Hitachi Energy India Unveils Q1 FY26-27 Performance and Strategy
Hitachi Energy India has officially presented its performance for the first quarter of the financial year 2026-27 (Q1 FY26-27) to analysts and investors. The presentation outlines the company’s key achievements, financial highlights, and strategic direction for the upcoming period.
Key Financial and Operational Highlights
The company reported robust performance, supported by significant order wins across various sectors. Notably, in Q1 FY27, orders included a milestone first BESS project in Andhra Pradesh for Renewables, a flagship 2 GW wind power evacuation order for Europe under Export, and a 100 GW solar park order in western India for Industries. Data Centers also saw substantial orders, including a significant 40×2500 KVA project in Hyderabad.
Financial performance showcased a 68.6% Year-on-Year growth in Revenue from operations, reaching ₹2,493.7 Crores in Q1FY27. Profit Before Tax (PBT) saw a substantial 120.2% YoY increase to ₹389.5 Crores, with PAT growing by 123.5% YoY to ₹294.2 Crores. Operational EBITDA also surged by 135.0% YoY to ₹399.9 Crores.
ESG Targets and Action Plan
Hitachi Energy India demonstrated commitment to its ESG targets. For Planet, the company has achieved a 78% reduction in CO2 emissions against 2019 levels, with a target of 50% reduction by 2030. They also achieved 100% renewable electricity across operations. Regarding Water, a 16% reduction in freshwater use has been achieved. For Waste, over 80% reduction has been recorded, with two sites attaining zero waste to landfill.
In the People segment, zero fatalities and serious injuries were achieved. The company also aims to increase female representation from 5.8% to 16-18%, with current representation at 10%. Under the Principle focus, zero incidents of corruption and bribery have been reported.
Strategic Priorities for Growth
The company’s strategic priorities are centered around three key areas: Markets, Business, and Function.
- Markets: Strengthening core segments like renewables, utilities, HVDC, industries, and infrastructure. Exploring new segments such as data centers and BESS, and focusing on exports, service, and digital offerings.
- Business: Enhancing BU service offerings, achieving operational excellence for productivity and AI adoption, converting backlog into revenue and margin growth, and pursuing capacity expansions.
- Function: Reinforcing safety culture, driving productivity and cost discipline, upskilling the workforce for the energy transition, and building capacities for long-term growth.
The presentation also detailed India’s energy transition, highlighting grid investments driven by policy support and electrification. Key areas include a target of 500 GW renewables by 2030, a transmission roadmap of ₹7.9 lakh Cr investment, and significant allocations for semiconductor push and data center capacity.
Manufacturing Expansion
Further strengthening its manufacturing capabilities, Hitachi Energy India is undertaking a ₹2,000 Crores investment to expand its transformer manufacturing capacity in Karjan, Vadodara. This project, with a completion target of December 2028, is designed as a digital, smart manufacturing facility to enhance quality and productivity, reinforcing the ‘Make in India’ initiative.
Source: BSE
