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NIFTY 5024,980.40+0.35%
SENSEX81,720.10+0.28%
NIFTY SHARIAH 254,850.15+0.42%
GOLD 24K (10g)₹75,420+0.38%
SILVER (1kg)₹88,400-0.12%
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TCS₹4,124.50+1.18%
INFY₹1,892.40+1.22%
USD/INR₹83.92-0.04%
HPL Electric & Power Limited

HPL Electric & Power Limited

NSE: HPL
Electrical Equipment & PartsIndustrialsSMALL CAPMCap ₹1.68k Cr
₹260.50₹0.25 (+0.10%)

Market Closed • NSE

Market cap₹1.68k Cr
Enterprise value₹2.35k Cr
P/E TTM18.37
Forward P/E13.78
P/B1.67
EPS TTM₹14.18
Forward EPS₹18.90
ROCE12.90%
D/E0.75
Dividend yield0.00%
Face value₹10.00
52W high₹479.90
52W low₹253.50
Price chart(1Y)
1Y Return:-27.34% (₹98.00)
H: ₹405L: ₹253.5
1W+0.79%
1M-7.10%
3M-25.05%
6M-27.52%
1Y-41.18%
Today at a glance

Day range

₹257.20₹262.60

52 week range

₹253.50₹479.90
Volume64.4K0.76x 20D avg
Free float50.00%-23.90% volume

HPL Electric & Power Limited closed at INR260.50 (+0.1%) on volume 0.76x its 20-day average, trading 45.72% below its 52-week high.

Technical analysis
RSI (14)34.2Neutral (30–70)
MACDBULLISHBullish (Above signal)
ATR (14)₹8.70High
SMA 20₹269.01BEARISH
SMA 50₹292.05BEARISH
SMA 100₹322.50BEARISH
SMA 200₹331.63BEARISH
CPR bottom₹263.20
Pivot₹262.22
CPR top₹261.23
What changed recently?

2026-Q2

Q2 FY2026 Financial Results

PAT moved -37.9% QoQ

2026-09-17

DIVIDEND Announced

Dividend - Re 1 Per Share

2025-09-22

DIVIDEND Announced

Dividend - Re 1 Per Share

Shariah audit
Methodology: AAOIFI Shariah Standard No. 21
FAIL3/4 criteria
Non-Compliant (Financial Ratios)
CriteriaNumeratorDenominatorValueThresholdStatus
Interest-bearing debt ratio₹755.1 Cr₹1.68k Cr45.08%≤ 33%FAIL
Non-halal income ratio–₹1.81k Cr0.00%≤ 5%PASS
Illiquid assets ratio₹2.37k Cr₹2.40k Cr98.64%≥ 20%PASS
Receivables ratio–₹2.40k Cr—≤ 49%PASS
Valuation & sector context
MetricCompanySector
P/E18.3728.10
Forward P/E13.78—
P/B1.673.00
EV/EBITDA—18.00
PEG—1.10
Earnings yield5.403.60
Growth & profitability
RevenuePAT
FY25PAT margin 5.50%
FY26PAT margin 4.50%

Revenue and PAT bars use independent scales to make their year-on-year direction readable.

Revenue CAGR 3Y+2.10%
Revenue CAGR 5Y+1.30%
PAT CAGR 3Y-1.00%
PAT CAGR 5Y-0.60%
Operating margin8.75%
Net margin4.70%
Financial health & cash flow
Net debt₹722.4 CrModerate
Interest coverage2.30xEBIT / interest
CFO / PAT2.51x3Y average
Net debt / EBITDA—Leverage
Operating cash flow₹226.5 Cr
Capital expenditure–
Free cash flow₹10.3 Cr
Financial statements

Complete reported financial history · Values use the company's reporting currency

Hover over the chart for exact reported values. Percentage lines use the right-hand axis.

Fundamental scorecard
Overall63/100
Valuation60/100
Profitability65/100
Financial health65/100

A 0–100 quantitative summary of reported fundamentals. Use the underlying financials and risks for context; the score is not a buy or sell recommendation.

Strengths, risks & investment thesis

Strengths

High Cash Flow Conversion: CFO/PAT averaged 2.51x over last 3 years

Attractive Valuation: P/E of 18.4x trades below sector historical averages

Risks

Subject to cyclical raw material and macro industry pressures

Bull case

Market Leadership: Established operational scale in Electrical Equipment & Parts.

Bear case

Macro Headwinds: Fluctuations in interest rates and sector-specific policy shifts could compress multiples.

Flip condition

Sustained quarterly EBITDA margin expansion above 20% would trigger an upgrade.

Shareholding pattern
Quarterly ownership historyLatest valid period · December 2025

Ownership distribution

Dec 2025Latest holding

Category trends

Hover over a period for exact holdings

80%53%27%0%Sept 2024Dec 2024Jun 2025Sept 2025Dec 2025
0.61%Institutional holding
26.74%Public holding
5Periods available
0.00%Promoter pledged
1.27LShareholders
Corporate Action

Complete dividend, bonus, split, rights and other action history

Record dateCorporate actionInformationAnnouncement dateEx-date
17 Sept 2026Dividend₹1.00 / share—17 Sept 2026
22 Sept 2025Dividend₹1.00 / share—22 Sept 2025
—Dividend₹1.00 / share—23 Sept 2024
—Dividend₹1.00 / share—22 Sept 2023
—Dividend₹0.15 / share—22 Sept 2022
—Dividend₹0.15 / share—22 Sept 2021
—Dividend₹0.15 / share—22 Sept 2020
—Dividend₹0.20 / share—18 Sept 2019
—Dividend₹1.00 / share—18 Sept 2018
—Dividend₹1.50 / share—19 Sept 2017
Delivery participation

Traded volume and delivery percentage across the latest 20 sessions

Average delivery (20D)48.38%+3.24% latest vs average
Highest delivery56.71%on 28 Sept
Average volume (20D)84.6KTrading-session average
Conviction trendStrengthening+3.24% latest reading
Traded volumeDelivery %
Peer comparison

Compare valuation, latest quarterly performance and year-on-year growth

8 companies
Company nameMarket cap ₹ CrP/E ratioDividend yield %Quarterly sales ₹ CrProfit after tax ₹ CrSales growth %Profit growth %
Larsen & Toubro Limited
Larsen & Toubro LimitedLT
Open analysis
₹4.99L30.091.05%₹67,942.00₹4,988.00+6.69%+15.52%
Adani Ports and Special Economic Zone Limited
Adani Ports and Special Economic Zone LimitedADANIPORTS
Open analysis
₹4.03L29.880.43%₹10,821.00₹3,650.00+18.57%+10.24%
Hindustan Aeronautics Limited
Hindustan Aeronautics LimitedHAL
Open analysis
₹3.34L35.790.92%₹5,515.00₹1,590.00+14.44%+14.88%
Bharat Electronics Limited
Bharat Electronics LimitedBEL
Open analysis
₹2.75L44.860.66%₹5,547.00₹1,055.00+24.93%+8.88%
InterGlobe Aviation Limited
InterGlobe Aviation LimitedINDIGO
Open analysis
₹1.81L—0.00%₹24,584.10-₹237.60+19.95%-110.92%
Bharat Heavy Electricals Limited
Bharat Heavy Electricals LimitedBHEL
Open analysis
₹1.51L52.550.32%₹7,697.72₹381.91+40.29%+183.84%
ABB India Limited
ABB India LimitedABB
Open analysis
₹1.44L92.640.43%₹3,559.00₹362.00+21.05%+2.84%
CG Power and Industrial Solutions Limited
CG Power and Industrial Solutions LimitedCGPOWER
Open analysis
₹1.33L106.680.16%₹3,281.00₹308.00+14.00%+15.36%
About HPL Electric & Power Limited
HPL Electric & Power Limited

HPL Electric & Power Limited is a leading electrical equipment manufacturer in India operating for the past 40 years. The Company has significant presence across five key product verticals of electric equipment – metering solutions, modular switches, switchgears, LED lighting and wires and cables. It caters to a wide spectrum of customer segments, such as power utilities, government agencies, and retail and institutional customers, with a strong brand recall as a trusted electrical brand. [1]

IndiaIndustrials

Questions investors ask
Is HPL Electric & Power Limited Shariah compliant?

HPL Electric & Power Limited is currently screened as Non-Compliant (Financial Ratios) under AAOIFI Shariah Standard No. 21. Business activities align with Shariah permissible sectors. Debt to Market Cap (45.08%) exceeds AAOIFI threshold (≤ 33%).

What is HPL Electric & Power Limited's current valuation relative to peers?

HPL Electric & Power Limited trades at a P/E of 18.4x compared to the sector median of 28.1x, and a Price-to-Book of 1.7x.

Is the company financially healthy?

The company has a Debt-to-Equity ratio of 0.75x. Interest coverage is 2.3x.

What are the historical revenue and profit growth rates?

Over the past 5 years, revenue compounded at 1.3% while net profit growth averaged -0.6%.

Market data is informational and may be delayed. Shariah screening follows the displayed methodology. This is not investment advice.

Market data may be delayed. Quote date: 2026-10-16. Financial figures relate to their stated reporting periods. This information is for research and is not a recommendation to buy or sell.