HPL Electric & Power Limited (NSE: HPLE), a leading Indian manufacturer of low-voltage electrical equipment, has announced its financial results for the first quarter, demonstrating significant growth in profitability and margin expansion.

Financial Highlights

• Consolidated Revenue: The company reported a consolidated revenue from operations of ₹383.03 crore, compared to ₹392.91 crore in the same quarter of the previous year, marking a slight decrease of 2.51%.

• Profit After Tax (PAT): HPL Electric & Power saw a notable increase in PAT by 8.51% year-over-year, reaching ₹18.48 crore. The PAT margin improved by 49 basis points to 4.82%.

• EBITDA Performance: The company's EBITDA grew by 3.32% to ₹57.99 crore, with the EBITDA margin expanding by 85 basis points to 15.14%.

• Earnings Per Share (EPS): EPS increased by 8.30% to ₹2.87 from ₹2.65 in the same quarter of the previous year.

Segment Performance

Consumer and Industrial Segment

• Revenue up 16.12% to ₹179.09 crore
• EBIT increased by 22.95% to ₹20.16 crore
• Margin expansion of 62 basis points to 11.25%

Metering and Systems

• On a standalone basis, revenue declined by 7% to ₹203.94 crore
• EBIT margin improved by 136 basis points to 17.67% despite lower volumes
• Improvement attributed to a richer mix, pricing discipline, and procurement efficiencies

Operational Highlights

• Order Book: Maintains a robust order book of over ₹3,000 crore, ensuring long-term revenue stability
• Smart Metering Leadership: 99% of the metering order book dedicated to smart meters
• Strategic Expansion: Deepening footprint in consumer and industrial segments through a network of 900+ authorized dealers and 85,000+ retailers nationwide

Management Commentary

Mr. Gautam Seth, Joint MD & CFO, commented on the results: "Our Q1 performance reflects disciplined execution and our focus on growth. While revenue moderated slightly year on year, profitability improved across the board. The Consumer and Industrial franchise provided the primary uplift, with net revenue up 16.12% and EBIT up 22.95%, helped by offtake in domestic switchgear and wires and cables, and tighter operating discipline that widened margins."

He further added, "Unlike other meter-centric peers, whose performance hinge on rollout milestones, our Consumer and Industrial vertical aligns with India's real economy across B2B capex and B2C replacement cycles, anchoring a diversified model that participates at the shop-floor and household level, and thereby delivers broader, more granular growth with a stronger, more durable earnings mix."

HPL Electric & Power's Q1 results demonstrate the company's resilience and strategic focus on diversifying its business model. The strong performance in the Consumer and Industrial segment, coupled with the company's leadership in smart metering, positions HPL well for sustained growth in the evolving Indian electrical equipment market.

HPCL has reported a significant increase in its financial performance for the latest quarter, showcasing robust growth across key metrics.

Financial Highlights

• Net Profit: HPCL posted a net profit of ₹43.70 billion, marking a substantial 30% increase from ₹33.50 billion in the previous quarter.
• Revenue: The company's revenue saw a marginal growth, rising to ₹1.19 trillion from ₹1.18 trillion quarter-on-quarter.
• EBITDA: Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) rose significantly to ₹76.00 billion, up from ₹58.00 billion in the preceding quarter.
• EBITDA Margin: The EBITDA margin improved to 6.36% from 4.93% in the previous quarter.

Performance Analysis

The 30% jump in quarterly net profit demonstrates HPCL's strong financial health and operational efficiency. The marginal increase in revenue, coupled with a substantial rise in EBITDA, suggests effective cost management and improved operational performance.

The expansion of the EBITDA margin from 4.93% to 6.36% indicates enhanced profitability and operational effectiveness. This improvement in margin, despite only a slight increase in revenue, highlights the company's ability to optimize its operations and manage costs effectively.

Upcoming Board Meeting

HPCL has announced a scheduled board meeting for August 13, 2025. The meeting agenda includes the consideration and approval of the Unaudited Standalone and Consolidated Financial Results for the quarter ended June 30, 2025.

Trading Window Closure

As per the company's Code of Conduct for Trading by Designated Persons under SEBI regulations, the trading window for dealing in HPCL securities will remain closed until two working days after the declaration of financial results. This measure ensures fair trading practices and prevents insider trading during sensitive periods.

HPCL's strong quarterly performance, particularly in net profit and EBITDA, positions the company favorably in the oil and gas sector.