Hitachi Energy India announced strong Q3FY26 results, driven by continued growth, solid order execution, and a robust order backlog. Revenue increased by 29.6% YoY to INR 2,168.0 crore. The company’s operational strength and strategic agility are reflected in a double-digit Op EBITDA margin of 15.6%. The company boasts its highest-ever order backlog of INR 29,872.2 crore.
Financial Highlights for Q3FY26
Hitachi Energy India has reported significant growth in its financial performance for Q3FY26. Key highlights include:
- Revenue: INR 2,168.0 crore, a 29.6% increase YoY.
- PBT before exceptional items: INR 402.0 crore, up 118.4% YoY.
- PAT: INR 261.4 crore, demonstrating a 90.3% increase YoY.
Order Growth and Backlog
The company’s order book remains strong, with total orders reaching INR 2,477.6 crore (excluding a large order). Exports contributed significantly, accounting for 29.8% of the total orders. The company has the highest ever order backlog of INR 29,872.2 crore.
Operational Performance
Operational EBITDA stood at INR 338.4 crore, resulting in an operational EBITDA margin of 15.6%, highlighting the company’s focus on efficient execution and cost management. The company continues to maintain a double-digit margin corridor.
Outlook and Future Strategy
Hitachi Energy India is poised to capitalize on clean-energy collaborations, particularly in renewables and green hydrogen. Enhanced technology exchange and investment flows are expected to boost opportunities for the company. They see strong growth as India moves toward its larger energy goals.
Source: BSE
