Hitachi Energy India Limited has reported a strong fiscal performance for the year ending March 31, 2026. The company achieved a 46.2% year-on-year revenue growth in Q4, supported by a record order backlog of INR 29,555.3 crore. Additionally, the Board has approved a significant INR 2,000 crore investment for a greenfield large power transformer facility in Gujarat, signaling a commitment to long-term infrastructure expansion and energy sector growth.
Fiscal Performance Highlights
For the financial year ended March 31, 2026, the company demonstrated exceptional financial health. The fourth quarter (January to March 2026) saw revenue from operations climb to INR 2,754.1 crore, representing a 46.2% year-on-year increase. Profit after tax (PAT) for the same period surged by 79.7% to reach INR 330.5 crore. The company closed the full fiscal year with a record-high order backlog of INR 29,555.3 crore, reflecting a 53.5% increase compared to the previous year.
Strategic Capital Investment
In a major move to bolster its manufacturing capabilities, the Board of Directors approved an investment of INR 2,000 crore to establish a greenfield large power transformers facility in Karjan, Vadodara, Gujarat. This investment expands on previously announced capital expenditure, bringing the company’s cumulative capex commitment to INR 4,000 crore. This initiative is expected to strengthen the company’s position in meeting the rising demand for high-voltage electricity infrastructure in India.
Shareholder Dividends
Reflecting the company’s strong performance, the Board has recommended a final dividend of INR 8 per equity share (a 400% dividend on the face value of INR 2 per share). This recommendation is subject to the approval of shareholders at the upcoming Seventh Annual General Meeting, scheduled for August 28, 2026.
Key Operational Milestones
During the fiscal year, the company successfully commissioned India’s first HVDC city center infeed in Mumbai. This project serves as a testament to the firm’s focus on robust project execution and technological leadership. Looking ahead, the company aims to continue navigating the evolving global energy landscape by prioritizing efficiency and addressing the growing demand for renewable energy grid integration.
Source: BSE
