HPL Electric & Power Ltd reported revenue crossed ₹1,800 crore in FY26, with Q4 revenue exceeding ₹500 crore for the first time. The company disclosed these figures in the transcript of its earnings call held on June 17, 2026. EBITDA grew ahead of revenue, gross margins improved, and cash profit expanded, although reported PAT reflected higher depreciation from capacity additions. The consumer and industrial (C&I) segment delivered a strong year, with revenue growing 26% to ₹784 crore, accounting for 43% of total revenue. Wires and cables was a standout performer, growing 50% in FY26 to ₹340 crore.

The smart metering business remains a major growth engine, with metering accounting for over 97% of the order book of over ₹3,200 crore as of May 22, 2026. Management indicated that the company is a preferred vendor for almost every Advanced Metering Infrastructure Service Provider (AMISP). The company also inaugurated a dedicated panel meter and AMI water meter manufacturing facility at Gurugram under its Neeram Pulse brand. For FY27, management expects C&I revenue to cross ₹1,000 crore, driven by channel expansion and new product launches, while capex is expected to be primarily for maintenance.

Management addressed queries regarding the government's smart metering targets, noting that while the deadline has been extended to 2028, demand remains intact with 7 crore meters installed out of an initial sanction of 22 crore. The company is also exploring international markets, including the Middle East, GCC countries, and Africa, focusing on IEC specifications. The transcript was submitted to the National Stock Exchange of India Ltd and BSE Limited on June 23, 2026.

HPL Electric & Power has closed its trading window for all Designated Persons and their immediate relatives effective July 1, 2026. The restriction will remain in force until 48 hours after the declaration of the financial results for the quarter ended June 30, 2026. This action is mandated by the Company's Code of Conduct formulated under the SEBI (Prohibition of Insider Trading) Regulations, 2015.

The trading window closure is a standard compliance measure implemented to prevent insider trading during the period leading up to the announcement of financial results. By restricting trading activities for Designated Persons and their immediate relatives, the company aims to ensure fair market practices and uphold the integrity of the securities market.

In the event that the designated end date for the trading window falls on a trading holiday, the window will remain closed until the next succeeding day that is not a trading holiday. This provision ensures that the restriction is strictly observed regardless of market holidays.

The intimation regarding the closure was addressed to the Listing Departments of the National Stock Exchange of India Ltd. and BSE Limited. The communication was formally signed by Vivek Kumar, Company Secretary of HPL Electric & Power Limited, on June 19, 2026.