Hitachi Energy India Limited reported a strong finish to FY26, with Q4 revenue growing 46.2% YoY. The company announced a final dividend of Rs. 8 per share and approved a significant ₹2,000 crore investment for a new greenfield large power transformer facility in Gujarat. This move brings the company’s cumulative capital expenditure commitment to ₹4,000 crore, supporting its long-term growth and commitment to India’s energy transition.
Fiscal Performance Highlights
For the financial year ended March 31, 2026, the company demonstrated exceptional financial strength. Q4 revenue from operations reached Rs. 2,754.1 crore, marking a robust 46.2% year-on-year increase. The company’s Profit After Tax (PAT) for the quarter rose by 79.7% compared to the same period in the previous year. For the full fiscal year, total revenue reached Rs. 8,147.7 crore, with a record-high order backlog of Rs. 29,555.3 crore.
Strategic Capital Expansion
The Board of Directors has approved a major capital expenditure of Rs. 2,000 crore to establish a new greenfield large power transformers facility in Karjan, Vadodara, Gujarat. This investment is part of a broader expansion strategy, doubling the cumulative planned capex to Rs. 4,000 crore. This new facility is expected to enhance the company’s production capacity to meet rising electricity demand and infrastructure requirements across the country.
Dividend and Governance
Following the strong performance, the Board has recommended a final dividend of Rs. 8 per equity share for the 2025-26 fiscal year, representing a 400% payout on the face value of Rs. 2 per share. This recommendation is subject to approval by shareholders at the company’s upcoming Seventh Annual General Meeting scheduled for August 28, 2026.
Sustainability and Future Outlook
The company continues to advance its 2030 sustainability goals, reporting a 74% reduction in CO2 emissions and an 82% reduction in waste to landfill compared to the 2019 baseline. With energy security remaining a top global priority, the company is strategically positioned to navigate current geopolitical challenges and capitalize on the transition to clean energy systems, supported by the anticipated increase in clean energy funding in the upcoming Union Budget.
Source: BSE
