HPL Electric & Power Limited · NSE:HPL
HPL Electric & Power — Q2 FY27 Earnings Presentation
36 slides from HPL Electric & Power's earnings presentation, Nov 5, 2026
Slide 1: Regulation 30 disclosure cover letter
November 05, 2026 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: Results Update Q2 & H1 FY27
www.hplindia.co m HPL ELECTRIC & POWER LIMITED Results Update Q2 & H1 FY27 w w w .hplindia.com 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 FY27 Performance Update 03 Two Growth Engines 04 Strategy, Capacity and Outlook www.hplindia.co m Slide | 3
Slide 5: Company Overview
Slide | 4 www.hplindia.co m 01 Company Overview
Slide 6: Trusted Electric Equipment Manufacturer
01 Trusted Electric Equipment Manufacturer www.hplindia.co m Company Overview ▪ ‘One-stop shop’ offering a wide range of low-voltage electric products –with Consumer & Industrial (C&I) Electricals Platform (Compounding Engine) & Metering & Industrial Systems Segment (Growth Driver) Our Investment Ra
Slide 7: Wide-Ranging Product Portfolio
Company Overview HPL is the “ONE-STOP SHOP” for • HPL’s complementary product Wide-Ranging Product Portfolio • www.hplindia.co m Low Voltage Electrical Equipment offerings enable cross-selling across market segments and price and lead to STRONG BRAND ranges RECALL Metering Solutions Industrial Switc
Slide 8: State of Art Manufacturing Facilities
Company Overview www.hplindia.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, Electroni
Slide 9: New Product Launch
Company Overview www.hplindia.co m New Product Launch HPL’s advanced R&D drives innovation in energy-efficient, market-ready solutions. Continuous R&D to Launch and Market Exciting New Innovative Products MCCB TAB for DG FLOOD LIGHT Application 400W Smart Starter Panel Industrial Switchgears Profess
Slide 10: Established Pan-India Distribution Network & Brand Presence
Company Overview www.hplindia.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 Srinagar Branch Offi
Slide 11: Extensive Experience, Established Relationships, Strong Credentials
Company Overview www.hplindia.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 Relationships
Slide 12: Q2 & H1 FY27 Performance Update
02 Q2 & H1 FY27 www.hplindia.co m Performance Update Slide | 11
Slide 13: Q2 & H1 FY27 Salient Highlights
Performance Update www.hplindia.co m Q2 & H1FY27 Salient Highlights Record quarterly revenue: highest ever: Revenue from operations stood at ₹608.31 crore in Q2 FY27, up 40.02% YoY from ₹434.45 crore, the Company’s highest-ever quarter and the first to cross ₹600 crore. H1 FY27 revenue was ₹1,123.55
Slide 14: Two Scalable Growth Engines Now Visible
Q2 & H1 FY27: www.hplindia.co m Two Scalable Growth Engines Now Visible • Revenue from operations grew 40% YoY to ₹608 crore, the Company’s highest-ever quarter and the first to cross ₹600 crore. H1 FY27 revenue stood at ₹1,124 crore, up 37% YoY. • Consumer & Industrial delivered its highest-ever qu
Slide 15: Smart Metering: A Maturing Market With Long-Term Visibility
Performance Update www.hplindia.com Smart Metering: A Maturing Market With Long-Term Visibility Smart Metering maintained steady momentum, with Q2 FY27 revenue of ₹270.85 crore, up 18.17% YoY and 13.97% sequentially. The sector has transitioned from a high-growth, policy-uncertain phase to a more ma
Slide 16: Consumer & Industrial: Broad-Based Growth Across the Portfolio
Performance Update www.hplindia.com Consumer & Industrial: Broad-Based Growth Across the Portfolio Highest-ever quarterly C&I revenue of ₹337 crore, up 64% YoY. Growth came across the portfolio, with Wires & Cables, Lighting, and Domestic Switchgear all growing strongly. H1 FY27 C&I revenue of ₹615.
Slide 17: Wires & Cables: Strong Growth to Structural Scale-Up
Performance Update www.hplindia.com Wires & Cables: Strong Growth to Structural Scale-Up Q2 FY27 revenue grew 159.46% YoY to ₹177.99 crore. H1 FY27 revenue of ₹323.74 crore is already ~95% of the full FY26 figure of ₹340.74 crore. Demand is broad-based across five customer channels, and growth is vo
Slide 18: Q2FY27: YoY Performance Analysis
Performance Update www.hplindia.co m Q2FY27: YoY Performance Analysis Net Revenues & Gross Margin (%) EBITDA & EBITDA MarginCash (%)Profit & Cash EPS (₹) 608 71 Net Revenue 66 434 EBITDA Q2 FY26 Q2 FY27 Q2 FY26 Q2 FY27 Margin (%) 36.6% 28.6% Margin (%) 15.2% 11.7% PBT & PBT Margin (%) PAT & PAT Marg
Slide 19: H1FY27: YoY Performance Analysis
Performance Update www.hplindia.co m H1FY27: YoY Performance Analysis Net Revenues & Gross Margin (%) EBITDA & EBITDA MarginCash (%)Profit & Cash EPS (₹) 1,124 Net Revenue 135 124 817 EBITDA H1 FY26 H1 FY27 H1 FY26 H1 FY27 Margin (%) 37.3% 29.4% Margin (%) 15.2% 12.0% PBT & PBT Margin (%) PAT & PAT
Slide 20: Q2FY27: YoY Segment Analysis
Performance Update www.hplindia.co m Q2FY27: YoY Segment Analysis (in ₹ crore) Segment Net Revenue & EBIT Margin 434 608 337 % EBIT Margin Q2FY26 Q2FY27 205 ◼ Metering, Systems & Services 17.52% 12.28% 271 229 ◼ Consumer, Industrial & Services 10.98% 8.90% Q2 FY26 Q2 FY27 Segment Revenue Share % Q2
Slide 21: H1FY27: YoY Segment Analysis
Performance Update www.hplindia.co m H1FY27: YoY Segment Analysis (in ₹ crore) Segment Net Revenue & EBIT Margin 817 1124 615 % EBIT Margin H1FY26 H1FY27 384 17.59% 13.17% 509 ◼ Metering, Systems & Services 433 ◼ Consumer, Industrial & Services 11.11% 8.67% H1 FY26 H1 FY27 Segment Revenue Share % Du
Slide 22: Q2 & H1 FY27 Consolidated Profit & Loss Statement
Performance Update www.hplindia.co m Q2 & H1 FY27 Consolidated Profit & Loss Statement Particulars (In ₹ Crore) Q2 FY27 Q2 FY26 YoY% H1 FY27 H1 FY26 YoY% Revenue From Operation 608.31 434.45 40.02% 1,123.55 817.48 37.44% COGS 434.52 275.62 57.65% 793.61 513.00 54.70% Gross Profit 173.79 158.83 9.42%
Slide 23: H1FY27 Consolidated Balance Sheet
Performance Update www.hplindia.co m H1FY27 Consolidated Balance Sheet Equity And Liabilities (In ₹ Crore) Sep-26 Mar-26 Assets (In ₹ Crore) Sep-26 Mar-26 Shareholder's Fund Non-Current Assets Equity Share Capital 64.30 64.30 Property, plant and equipment 620.16 608.25 Other Equity 971.79 935.90 Cap
Slide 24: Marketing Campaigns – Social Media Presence
Q2FY27 Performance Update “Garnered Reach of Over 21 Million” www.hplindia.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 | 23
Slide 25: International Exhibitions
Q2FY27 Performance Update www.hplindia.co m International Exhibitions Participated in MEEE Dubai Electric & Power Indonesia Exhibition 2026 (1st – 3rd Sept’2026) (2nd – 5th Sept’26) Slide | 24
Slide 26: Domestic Exhibitions
Q2FY27 Performance Update www.hplindia.co m Domestic Exhibitions Participated in Fan Expo’2026 in Greater Noida Participated in the 41st National Convention of Electrical (6th – 8th Aug 2026) Engineers, organised by the Institute of Engineers (INDIA) - Amravati, Nagpur (21st -22nd Aug’26) Slide | 25
Slide 27: KYRO Launch
Q2FY27 Performance Update www.hplindia.co m KYRO Launch KYRO, HPL's new-generation modular switch range, was launched under the proposition "Designed to Endure." Jaipur – 19th August 2026 Kyro Branding Activity Ahmedabad – 22nd August 2026 Slide | 26
Slide 28: Retailer / Electrician Meet
Q2FY27 Performance Update www.hplindia.co m Retailer / Electrician Meet Retailer Meet - Kolkata Electrician Meet Nagpur Nagpur Slide | 27 Rishikesh Delhi
Slide 29: Branding Activities
Q2FY27 Performance Update www.hplindia.co m Slide | 28 Branding Activities
Slide 30: Business Strategy
Slide | 29 www.hplindia.co m 03 Business Strategy
Slide 31: Future business strategy for value creation
www.hplindia.co m Future business strategy for value creation HPL's FY27 value-creation strategy rests on four growth pillars, each with defined growth drivers, capacity readiness and a monitorable anchor metric. The pillars are supported by shared platforms, manufacturing & R&D, distribution & chan
Slide 32: Smart Meters – A Game Changing Initiative
Business Strategy www.hplindia.co m Smart Meters – “A Game Changing Initiative” With Enormous Potential • What is the opportunity size? Smart Meter Suppliers ❖ Under the Revamped Distribution Sector Scheme (RDSS), with an outlay of ₹3 lakh crore, smart metering worth ₹1,30,671 crore has been sanctio
Slide 33: Smart Meters – An Industry leader with Cutting-edge innovation
Business Strategy www.hplindia.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 communication infrast
Slide 34: The Transformative Potential of 5G
www.hplindia.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 Government Sup
Slide 35: Focus on Driving Healthy Growth in The Consumer Business
Business Strategy www.hplindia.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 distribution re
Slide 36: Thank You
Thank You www.hp lind ia .co m Mr. Gautam Seth Joint Managing Director & CFO Email: gautamseth@hplindia.com Ms. Shankhini Saha Email: hpl@dickensonworld.com