Hpl Electric & Power Limited · NSE:HPL
Hpl Electric & Power — Q3 FY2025 Earnings Presentation
36 slides from Hpl Electric & Power's earnings presentation, Feb 12, 2025
Slide 1: Regulation 30 disclosure cover letter to exchanges
Date: February 12, 2025 The Manager, The Secretary Listing Department, BSE Limited National Stock Exchange of India Ltd. 25th Floor, New Trading Ring, Rotunda “Exchange Plaza”, C-1, Block G, Building, PhirozeJeejeebhoy Towers, Bandra-Kurla Complex, Bandra (E), Dalal Street, Fort, Mumbai – 400 051 Mu
Slide 2: Results Update Q3FY25 & 9MFY25
w w w .h p l i n d ia . co m HPL ELECTRIC & POWER LIMITED Results Update Q3FY25 & 9MFY25 w ww . h pl i n di a . co m Slide | 1
Slide 3: Disclaimer
Disclaimer This presentation and the following discussion may contain “forward looking statements” by HPL Electric & Power Limited (“HPL” or the Company) that are not historical in nature. These forward-looking statements, which may include statements relating to future results of operations, financ
Slide 4: Discussion Summary
Discussion Summary 01 Company Overview 02 Q3FY25 & 9MFY25 Performance Update 03 Business Strategy w w w .h p l i n d ia . co m Slide | 3
Slide 5: Company Overview
Slide | 4 w w w .h p l i n d ia . co m 01 Company Overview
Slide 6: Our Investment Rationale
Company Overview w w w .h p l i n d ia . co m Our Investment Rationale Slide | 5 Note: * Frost & Sullivan 2016
Slide 7: Our Investment Rationale
01 Trusted Electric Equipment Manufacturer w w w .h p l i n d ia . co m Company Overview ▪ ‘One-stop shop’ offering wide range of low-voltage electric products - ❖ Metering Solutions (conventional and smart meters) Our Investment Rationale ❖ Switchgears ❖ Lighting Products ❖ Wires & Cables ❖ Fans In
Slide 8: Product Portfolio
Company Overview HPL is the “ONE-STOP SHOP” for • HPL’s complementary product Wide-Ranging Product Portfolio • w w w .h p l i n d ia . co m Low Voltage Electrical Equipment offerings enable cross-selling across market segments and price and lead to STRONG BRAND ranges RECALL Metering Solutions Indus
Slide 9: State of Art Manufacturing Facilities
Company Overview w w w .h p l i n d ia . co m State of Art Manufacturing Facilities Product Segments Capacity (per annum) Electronic Meters 11 million units Lighting Equipment 26 million units Gurugram Jabli Switchgear 16 million units Facility I: Electronic Meters, R&D Center Facility I: Switchgear
Slide 10: Newly Accredited NABL Lab and Wire & Cable plant
Company Overview w w w .h p l i n d ia . co m Newly Accredited NABL Lab- Wire & Cable plant We are pleased to have been awarded the NABL accreditation under ISO/IEC 17025:2017 for state-of-the-art testing facilities, reinforcing our commitment to quality, precision, and global standards in electrica
Slide 11: Established Pan-India Distribution Network & Brand Presence
Company Overview w w w .h p l i n d ia . co m Established Pan-India Distribution Network & Brand Presence Established Pan-India Distribution Network & Brand Presence To Capture Significant Growth Potential In Electrical Equipment Industry 90+ Branch & Representative Offices Head Office Sr ina gar Br
Slide 12: Extensive Experience, Established Relationships, Strong Credentials
Company Overview w w w .h p l i n d ia . co m Extensive Experience, Established Relationships, Strong Credentials Strong execution, established relationships and strong pre-qualification credentials make HPL a preferred supplier of specialised electrical equipment Extensive Experience Established Re
Slide 13: Performance Update Q3FY25 & 9MFY25
Slide | 12 w w w .h p l i n d ia . co m 02 Update Q3FY25 & 9MFY25 Performance
Slide 14: Q3FY25 & 9MFY25 Salient Highlights
Performance Update w w w .h p l i n d ia . co m Q3FY25 & 9MFY25 Salient Highlights Revenue Growth • 7.40% YoY in Q3 FY25; 16.5% YoY in 9M FY25. • Metering, Systems & Services grew 27.62% in 9M FY25, contributing ₹ 761.66 crore. Metering, Systems & Services Revenue Growth • 19.74% YoY in Q3 FY25, gen
Slide 15: Q3FY25: YoY Performance Analysis
Performance Update w w w .h p l i n d ia . co m Q3FY25: YoY Performance Analysis Net Revenues & Gross Margin (%) EBITDA & EBITDA Margin % PAT & PAT Margin (%) Q3 FY25 (in ₹ crore) 35.1% 35.2% 13.6% 14.2% 4.6% 3.3% EBITDA Margin Gross Margin Net Revenue PAT Margin 18.1 55.7 EBITDA 49.7 392 366 PAT 12
Slide 16: 9MFY25: YoY Performance Analysis
Performance Update w w w .h p l i n d ia . co m 9MFY25: YoY Performance Analysis Net Revenues & Gross Margin (%) EBITDA & EBITDA Margin % PAT & PAT Margin (%) 9M FY25 (in ₹ crore) 34.2% 35.2% 2.88% 4.70% 13.2% 14.3% EBITDA Margin Gross Margin Net Revenue PAT Margin 56.7 1,208 EBITDA 172.4 1,037 136.
Slide 17: Q3FY25: YoY Segment Analysis
Performance Update w w w .h p l i n d ia . co m Q3FY25 : YoY Segment Analysis (in ₹ crore) Segment Net Revenue & EBIT Margin 366 392 134 150 % EBIT Margin Q3 FY24 Q3 FY25 259 216 ◼ Metering, Systems & Services 15.15% 16.10% ◼ Consumer, Industrial & Services 11.62% 10.24% Q2 FY24 Q2 FY25 Segment Reve
Slide 18: 9MFY25: YoY Segment Analysis
Performance Update w w w .h p l i n d ia . co m 9MFY25 : YoY Segment Analysis (in ₹ crore) Segment Net Revenue & EBIT Margin 1,037 1,208 446 440 % EBIT Margin 9M FY24 9M FY25 762 597 ◼ Metering, Systems & Services 14.85% 16.30% ◼ Consumer, Industrial & Services 11.58% 10.40% 9M FY24 9M FY25 Segment
Slide 19: Update & Business Outlook
Q3FY25 Performance Update w w w .h p l i n d ia . co m Update & Business Outlook • The company is holding a strong • At our meter facility in Gurgaon, we are pleased to provide • Smart Meters are the next game changer in the growth- and stable order book and pictures of the opening of the Most Advan
Slide 20: Q3FY25 & 9MFY25 Consolidated Profit & Loss Statement
Performance Update w w w .h p l i n d ia . co m Q3FY25 & 9MFY25 Consolidated Profit & Loss Statement Particulars (In ₹ Crore) Q3 FY25 Q3 FY24 YoY% 9M FY25 9M FY24 YoY% Revenue from Operations 392.48 365.57 7.36% 1,207.71 1,036.77 16.49% COGS 254.22 237.24 7.16% 782.24 682.05 14.69% Gross Profit 138.
Slide 21: Marketing Campaigns – Amplifying Our Social Media Presence
Q3FY25 Performance Update “Garnered Reach of Over 20 Million” w w w .h p l i n d ia . co m Marketing Campaigns – Amplified our Brand Presence Through Social Media Handles Amplifying Our “Social Media” Presence Conducted as well as Sponsored various Industrial Webinars and Virtual Exhibitions Slide |
Slide 22: Retailer/Dealer Meets
Q3FY25 Performance Update Retailer/Dealer Meets w w w .h p l i n d ia . co m 3 5 1 Calcutta Electrical Dealers Association- Dipawali Milan Gujarat Dealers Meet Chattisgarh Top Retailers Trip to Thailand 2 4 6 Retailers Meet in Bhatinda Slide | 21 Retailers Meet in Amravati Retailer Meet in Gorakhpur
Slide 23: Electrician Meets
Q3FY25 Performance Update Electrician Meets w w w .h p l i n d ia . co m 3 5 1 7 At Sivasagar Dist. , Assam Meet in Lakhni, Nagpur 2 Meet in Nagpur Meet in Kolkata 4 6 Slide | 22 Meet in South Kashmir (J&K) Meet in Gorakhpur Meet in Erode, Tamil Nadu
Slide 24: Awareness & Training Programs
Q3FY25 Performance Update w w w .h p l i n d ia . co m Awareness & Training Programs 01 02 03 HPL Electric & Power Limited, in collaboration PWD Engineers Meet- Kottayam National Energy Conservation Day is celebrated at the North Central Railway headquarters in with BIS Branch Office - Faridabad, ho
Slide 25: Our Presence at Exhibitions
Q3FY25 Performance Update w w w .h p l i n d ia . co m Our Presence at Exhibitions Participated in FEEN Electro-Tech Nepal – 14th -17th Nov Participated in India Grain Mech Expo at Burdwan – 15 to 17 Nov’24 Slide | 24
Slide 26: Awards and Achievements
Q3FY25 Performance Update w w w .h p l i n d ia . co m Awards and Achievements HPL has been honoured with two prestigious HPL Inaugurated its 4th Automated Smart Meter awards from the Bureau of Indian Standards (BIS) Assembly & Testing line Slide | 25
Slide 27: Expanding our Brand Presence Pan-India
Q3FY25 Performance Update w w w .h p l i n d ia . co m Slide | 26 Expanding our Brand Presence Pan-India
Slide 28: Media Presence
Q3FY25 Performance Update w w w .h p l i n d ia . co m Media Presence Sponsored Table Tennis Championship – Bhavnagar, Ahmedabad Sponsored a Blood Donation Camp– Panchkula, Chandigarh Slide | 27
Slide 29: Media Presence
Q3FY25 Performance Update w w w .h p l i n d ia . co m Media Presence HPL was the associate sponsor for Haryana Steelers in the Pro Kabaddi League Slide | 28
Slide 30: Business Strategy
Slide | 29 w w w .h p l i n d ia . co m 03 Business Strategy
Slide 31: Future Business Strategy for Value Creation
Business Strategy w w w .h p l i n d ia . co m Future Business Strategy for Value Creation • Commands a ‘market share of ~20%’ in the domestic meters market with Leading Electric Meter Manufacturer an ‘installed capacity of 1.1 crore meters per year’ Fully Geared To Meet • Well Positioned to Capital
Slide 32: Smart Meters – A Game Changing Initiative With Enormous Potential
Business Strategy w w w .h p l i n d ia . co m Smart Meters – “A Game Changing Initiative” With Enormous Potential • What is the opportunity size? Smart Meter Suppliers ❖ Meters with embedded software to enable automation and communication ❖ Ministry of Power plans to install 25 to 30 crore smart me
Slide 33: Smart Meters – An Industry Leader with Cutting-edge Innovation
Business Strategy w w w .h p l i n d ia . co m Smart Meters – “An Industry leader with Cutting-edge innovation” • What sets HPL’s smart meters apart? ❖ HPL’s meters have embedded software to enable automation, data collection, and customization equipped with ‘Wirepas’ ‘RF Mesh’ technology communicat
Slide 34: Fuelling Innovation Across Industries: Transformative Potential of 5G
w w w .h p l i n d ia . co m Fuelling Innovation Across Industries: The “Transformative Potential” of 5G HPL’s Competitive Edge Extensive • Leadership in smart metering and power ✓ Expertise & solutions, HPL Electric & Power Ltd. bringing Product Portfolio a wealth of experience to the 5G market Gov
Slide 35: Focus on Driving Healthy Growth in The Consumer Business
Business Strategy w w w .h p l i n d ia . co m Focus on Driving Healthy Growth in The ‘Consumer’ Business ‘Consumer’ segment includes Non-utility Metering, Switchgear, Lighting, and Wires & Cables. HPL is looking to drive healthy growth in this business by using a 3-pronged approach • Enhancing dist
Slide 36: Thank You
Thank You ww w. h p l i n d i a . co m Mr. Gautam Seth Joint Managing Director & CFO Email: gautamseth@hplindia.com v Ms. Shankhini Saha Email: hpl@dickensonworld.com
HPL Electric & Power — Q3 FY2025 Earnings Presentation on 6ix