Hitachi Energy India Limited closed the fiscal year 2026 on a high note, reporting strong revenue growth of 46.2% year-on-year for the fourth quarter. The company achieved a profit after tax (PAT) of INR 330.5 crore, representing a 79.7% increase compared to the same period last year. With a record-high order backlog of INR 29,555.3 crore, the company remains well-positioned for sustained momentum in the coming fiscal year.
Financial Highlights
For the quarter ended March 31, 2026, the company demonstrated exceptional financial health. Revenue from operations reached INR 2,754.1 crore, marking a significant 46.2% growth over the previous year. For the full fiscal year 2026, revenue rose to INR 8,147.7 crore. Operational profitability also saw a notable boost, with an Op EBITDA margin of 16.4% reported for the quarter.
Strategic Investments and Expansion
The Board of Directors has approved a major capital investment of INR 2,000 crore to establish a greenfield large power transformers facility in Karjan, Vadodara, Gujarat. This initiative expands the company’s cumulative capital expenditure commitments to INR 4,000 crore, reflecting a strong commitment to scaling domestic manufacturing capacity to meet rising demand in the energy sector.
Dividend Recommendation
Reflecting on the company’s robust performance, the Board has recommended a final dividend of INR 8 per equity share (representing 400% of the face value) for the financial year ended March 31, 2026. This recommendation is subject to the approval of shareholders at the upcoming Seventh Annual General Meeting scheduled for August 28, 2026.
Operational Milestones
Operational success during the quarter included the landmark commissioning of India’s first HVDC city center infeed in Mumbai. The company’s order backlog continues to surge, reaching a record INR 29,555.3 crore, providing clear revenue visibility. The portfolio continues to be led by major projects in the data center, rail, and metro segments, with export orders accounting for 36.8% of total bookings this quarter.
Source: BSE
