Hitachi Energy Confident in Sustaining Double-Digit EBITDA Margins
Hitachi Energy's CEO Venu Nuguri expresses confidence in maintaining double-digit EBITDA margins annually, backed by a Rs 19,000 crore order book. The company focuses on high-growth segments like transmission, renewables, and data centers, with potential in energy storage. Exports contribute 25% of revenue, with room for growth. Strategic positioning and strong order conversion support the positive outlook.
16May 25
Hitachi Energy Unveils Ambitious Growth Strategy in Recent Concall
Hitachi Energy announced strategic plans to expand its order book from Rs 500-600 crore to Rs 2,000 crore over 3-4 years, leveraging its largest-ever backlog for revenue and margin growth. The company aims to maintain gross margins of 38-40% and a double-digit EBITDA margin. Their long-term strategy focuses on product development and growth over the next 3-5 years, with ongoing pilot projects for industrial and data center customers.
14May 25
Hitachi Energy India: Q4 Profit Soars 62% on Strong Execution
Hitachi Energy India's Q4 FY23 results show significant growth with net profit up 61.8% to ₹184 crore, revenue increasing 11.1% to ₹1,883.70 crore, and EBITDA rising 30.9% to ₹238 crore. The company's EBITDA margin improved to 12.6%. A final dividend of ₹6 per share has been announced.
13Mar 25
Hitachi Energy India Raises ₹2,521 Crore Through QIP at ₹11,507 Per Share
Hitachi Energy India Limited has completed a Qualified Institutions Placement (QIP), raising ₹2,521 crore by issuing 21,90,688 equity shares at ₹11,507 per share to qualified institutional buyers. The QIP, which opened on March 10, 2025, closed on March 13, 2025, with the issue price set at a 5% discount to the floor price. The company has filed the necessary documents with stock exchanges and made them available on its website, ensuring regulatory compliance.
12Mar 25
Hitachi Energy India's QIP Oversubscribed, May Raise Up to Rs 3,000 Crore
Hitachi Energy India Limited's Qualified Institutional Placement (QIP) has been oversubscribed by two times. The company is considering increasing the issue size from Rs 2,000 crore to Rs 3,000 crore due to strong demand. Key subscribers include Norges Bank, HDFC Life, SBI Life, ICICI Prudential Life Insurance, and Motilal Oswal. The indicative price is set at Rs 11,507 per share, with a floor price of Rs 12,112.50. The company may offer a discount of up to 5% on the floor price. The issue opened on March 10, 2025, and the trading window for designated persons has been closed.
11Mar 25
Hitachi Energy India Launches QIP with ₹12,112.50 Floor Price, Stock Dips 4%
Hitachi Energy India has initiated a Qualified Institutional Placement (QIP) on March 10, 2025. The Fund Raise Committee set a floor price of ₹12,112.50 per equity share, with a potential discount of up to 5%. The QIP announcement led to a 4% dip in stock price during intraday trading. The company has completed necessary approvals and regulatory filings, including closing the Trading Window to prevent insider trading.
10Mar 25
Hitachi Energy India Launches QIP with ₹12,112.50 Floor Price Amid Strong Financial Performance
Hitachi Energy India Limited has initiated a Qualified Institutions Placement (QIP) of equity shares. The Fund Raise Committee approved the QIP opening on March 10, 2025, with a floor price of ₹12,112.50 per equity share and a potential 5% discount. This move follows strong Q3 financial results, including a five-fold increase in net profit to ₹137.4 crore and a record order backlog of ₹18,994.4 crore. The company achieved debt-free status by December 31, 2024. The QIP has received necessary approvals and regulatory filings are underway.
24Feb 25
Hitachi Energy India: From Penny Stock to Multibagger with 78,566% Surge
Hitachi Energy India has seen an extraordinary stock price surge from ₹15 to ₹11,800 over five years, marking a 78,566% increase. The company's Q3 FY2024 results show a 498.1% year-on-year increase in PAT to ₹137.4 crore. Revenue for the first nine months of FY2024 grew to ₹4,520.3 crore, up 27.4% from the previous year. The company also secured a significant HVDC order for renewable energy transmission, positioning it strongly in the growing energy infrastructure sector.
20Feb 25
Hitachi Energy India Seeks Shareholder Approval to Boost Borrowing Limit to Rs 11,500 Crore
Hitachi Energy India is seeking shareholder approval to increase its borrowing limit from Rs 6,500 crore to Rs 11,500 crore. The proposed increase is primarily in non-fund based facilities, rising from Rs 5,000 crore to Rs 10,000 crore. This move is driven by anticipated business growth and new high-value projects. Current non-fund based limits are 80% utilized. The company doesn't expect direct financial impact but notes banks will charge commissions on limit usage. Shareholder voting is scheduled from February 22 to March 23, 2025, with results to be declared by March 25, 2025.