Hpl Electric & Power Limited · NSE:HPL
Hpl Electric & Power — Q2 & H1 FY26 Earnings Presentation
32 slides from Hpl Electric & Power's earnings presentation, Nov 14, 2025
Slide 1: Regulation 30 disclosure covering letter to stock exchanges
November 14, 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 Mumbai –
Slide 2: HPL Electric & Power Limited Results Update Q2 & H1 FY26
w w w .h p l i n d ia . co m HPL ELECTRIC & POWER LIMITED Results Update Q2 & H1 FY26 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 Q2 & H1 FY26 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
01 Trusted Electric Equipment Manufacturer w w w .h p l i n d ia . co m Company Overview ▪ ‘One-stop shop’ offering a wide range of low-voltage electric products - ❖ Metering Solutions (conventional and smart meters) Our Investment Rationale ❖ Switchgears ❖ Lighting Products ❖ Wires & Cables ❖ Fans
Slide 7: 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 8: 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 9: New Product Launch
Company Overview w w w .h p l i n d ia . co m New Product Launch Continuous R&D to Launch and Market Exciting New Innovative Products Smart Starter Panel Industrial Switchgear Domestic Switchgear Professional Lums NEO plus Pc batten 25w NEO plus Pc batten 25w Slide | 8 LED Street Light A-Model AFDD
Slide 10: 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 The Electrical Equipment Industry 90+ Branch & Representative Offices Head Office Sr ina ga
Slide 11: 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 12: Performance Update Q2 & H1 FY26
Slide | 11 w w w .h p l i n d ia . co m 02 Update Q2 & H1 FY26 Performance
Slide 13: Q2 & H1 FY26 Salient Highlights
Performance Update w w w .h p l i n d ia . co m Q2 & H1 FY26 Salient Highlights ➢ Steady topline, improving quality of growth: Revenue from operations grew 3% YoY to ₹434 crore in Q2 FY26; H1 FY26 revenue was ₹817 crore, broadly stable YoY, with mix gradually tilting toward higher-margin segments. ➢
Slide 14: Q2 & H1 FY26: YoY Performance Analysis
Performance Update w w w .h p l i n d ia . co m Q2 & H1 FY26: YoY Performance Analysis Net Revenues & Gross Margin (%) EBITDA & EBITDA Margin % PAT & PAT Margin (%) Q2 FY26 (in ₹ crore) 34.8% 36.6% 14.3% 15.2% 5.11% 5.15% EBITDA Margin Gross Margin Net Revenue 434 422 PAT Margin 65.9 EBITDA 60.6 22.
Slide 15: Q2FY26: YoY Segment Analysis
Performance Update w w w .h p l i n d ia . co m Q2FY26: YoY Segment Analysis (in ₹ crore) Segment Net Revenue & EBIT Margin 422 434 158 205 % EBIT Margin Q2 FY25 Q2 FY26 264 229 ◼ Metering, Systems & Services 16.49% 17.52% ◼ Consumer, Industrial & Services 10.30% 10.98% Q2 FY25 Q2 FY26 Segment Reven
Slide 16: H1FY26: YoY Segment Analysis
Performance Update w w w .h p l i n d ia . co m H1FY26: YoY Segment Analysis (in ₹ crore) Segment Net Revenue & EBIT Margin 815 817 312 384 % EBIT Margin H1 FY25 H1 FY26 503 433 ◼ Metering, Systems & Services 16.40% 17.59% ◼ Consumer, Industrial & Services 10.46% 11.11% H1 FY25 H1 FY26 Segment Reven
Slide 17: Update & Business Outlook
Q2FY26 Performance Update w w w .h p l i n d ia . co m Update & Business Outlook • The Company is executing its strong and stable order book on a fast- • Consumer, Industrial & Services has delivered consistent track basis driven by Smart Metering, supporting healthy conversion sequential growth ove
Slide 18: Q2 & H1FY26 Consolidated Profit & Loss Statement
Performance Update w w w .h p l i n d ia . co m Q2 & H1FY26 Consolidated Profit & Loss Statement Particulars (In ₹ Crore) Q2 FY26 Q2 FY25 YoY% H1 FY26 H1 FY25 Revenue from Operations 434.45 422.32 2.87% 817.48 815.23 COGS 275.62 275.40 0.08% 513.00 528.01 Gross Profit 158.83 146.93 8.10% 304.48 287.
Slide 19: H1FY26 Consolidated Balance Sheet
Performance Update w w w .h p l i n d ia . co m H1FY26 Consolidated Balance Sheet Equity And Liabilities (In ₹ Crore) Sep-25 Mar-25 Assets (In ₹ Crore) Sep-25 Mar-25 Shareholder's Fund Non-Current Assets Equity Share Capital 64.30 64.30 Property, plant and equipment 580.68 491.95 Other Equity 891.26
Slide 20: Marketing Campaigns – Amplifying Our Social Media Presence
Q2FY26 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 21: Branding Activities
Q2FY26 Performance Update w w w .h p l i n d ia . co m Branding Activities Official Partner of Haryana Steelers. Ganesh Chaturthi Branding Slide | 20
Slide 22: International Exhibitions
Q2FY26 Performance Update w w w .h p l i n d ia . co m International Exhibitions UGANDA Expo Power & Energy Africa Expo at Kenya Electric & Power Indonesia Expo (10th to 12th August 2025) (26th to 28th July 2025) (17th – 20th September 2025) Bhutan Build & Trade Expo (26th – 30th July 2025) Slide |
Slide 23: Domestic Exhibitions
Q2FY26 Performance Update w w w .h p l i n d ia . co m Domestic Exhibitions Participated in FAN Expo India Expo Mart, Greater Noida HPL was proud to be part of the largest exhibition on Agriculture (21st to 23rd August 2025) &Horticulture Technology, showcasing our advanced electrical solutions for
Slide 24: Seminars and Conferences
Q2FY26 Performance Update w w w .h p l i n d ia . co m Seminars and Conferences Technical seminar, Municipal PWD Conference Room, Bhubaneswar, Odisha Dealer – SACs Marketing, Cochin: Retailers’ corporation and – 11th July 2025 (Attendees: R&B, NHAI, Civil, visit to Sri Lanka for Switchgear & Modular
Slide 25: Electricians Meets
Q2FY26 Performance Update Electricians Meets w w w .h p l i n d ia . co m 1 3 4 6 Haldwani Lucknow Ramgarh, Panchkula Jaipur 5 7 2 Slide | 24 Nagpur Bhavnagar, Ahmedabad Morbi, Ahmedabad
Slide 26: Business Strategy
Slide | 25 w w w .h p l i n d ia . co m 03 Business Strategy
Slide 27: 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 28: 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 29: 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 30: 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 31: 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 32: 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 Ms. Shankhini Saha Email: hpl@dickensonworld.com
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