Hitachi Energy India has presented its Q4 FY26 results, showcasing a strong financial performance with significant year-over-year growth in revenue and profit. The company highlighted key initiatives in safety, ESG targets, and operational advancements. The presentation detailed substantial order wins across various sectors, including industries, data centers, and renewables, reinforcing its strategic growth trajectory and commitment to sustainable energy solutions.
Q4 FY26 Financial Highlights
Hitachi Energy India reported robust financial performance for Q4 FY26. Revenue from operations saw a substantial increase of 46.2% year-over-year, reaching ₹2,754.1 Crores. Profit Before Tax (PBT) before exceptional items grew by 79.7% to ₹443.4 Crores. Similarly, Profit After Tax (PAT) surged by 79.7% to ₹330.5 Crores, with PAT Margin improving to 12.0%. Operational EBITDA also demonstrated strong growth of 92.0%.
Key Operational and Safety Performance
The company emphasized its commitment to safety, with a total recordable injury frequency rate remaining low throughout the fiscal years. For FY26, the rate was 0.11. Hitachi Energy India also conducted various health-related sessions and workshops during Q4 FY26, focusing on first aid, ergonomics, and mental health.
ESG Targets and Achievements
Hitachi Energy India outlined its ESG targets for FY26, aiming for a 50% reduction in CO2 Emissions along the value chain and 100% renewable electricity in operations. The company achieved significant milestones, including an approximate 74% reduction in CO2 Emissions by FY26 and 100% renewable electricity usage. Waste reduction also saw a notable achievement of 82%, with 99% recycled. The company also reported zero fatalities and a target to increase female diversity to 16-18%.
Strategic Sectoral Investments and Order Wins
The presentation detailed structural transformations and investments strengthening the energy sector. Hitachi Energy India secured significant orders across various segments. These include control and protection upgrades for industries, transformers for data centers, and significant orders in the renewables sector such as 90 X 3150 kVA dry type transformers and transformers for solar parks. Transport orders for metro rail projects were also highlighted.
Capex and Future Growth
Hitachi Energy India is investing in future growth with an additional capex of Rs 2,000 crore to set up a greenfield large power transformer facility. This brings the cumulative capex to Rs 4,000 crore, underscoring its commitment to expanding manufacturing capabilities and serving the growing energy market.
Priorities for Growth
The company’s strategic priorities focus on maintaining leadership in core markets like Renewables, Utilities, and HVDC, while harnessing new segments such as data centers. Strong emphasis is placed on business service excellence, operational efficiency, and capacity expansion. Upskilling talent for the energy transition and building capacities for future growth are also key functional priorities.
Source: BSE
