Hpl Electric & Power Limited · NSE:HPL
Hpl Electric & Power — Q4 FY26 Earnings Presentation
36 slides from Hpl Electric & Power's earnings presentation, May 27, 2026
Slide 1: Regulation 30 disclosure covering letter to exchanges
May 27, 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 – 400
Slide 2: HPL Electric & Power Limited Results Update Q4 & FY26
www.hplindia.co m HPL ELECTRIC & POWER LIMITED Results Update Q4 & FY26 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
Discussion Summary 01 Company Overview 02 Q4 & FY26 Performance Update 03 Two Growth Engines 04 Strategy, Capacity and Outlook www.hplindia.co m Slide | 3
Slide 5: FY26: Two Scalable Growth Engines Now Visible
FY26: www.hplindia.co m Two Scalable Growth Engines Now Visible • FY26 reflects a transition in HPL's growth profile. Revenue crossed ₹1,800 crore for the year, while Q4 revenue crossed ₹500 crore for the first time. • Consumer & Industrial has emerged as a second core growth engine, led by Wires &
Slide 6: Company Overview
Slide | 5 www.hplindia.co m 01 Company Overview
Slide 7: 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 8: Company Overview: 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 9: 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 10: 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 New Range of Modular Switches Smart Starter Panel Industrial Products Domestic Products NUVIA D
Slide 11: 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 12: 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 13: Q4 & FY26 Performance Update
02 Q4 & FY26 www.hplindia.co m Performance Update Slide | 12
Slide 14: Q4 & FY26 Salient Highlights
Performance Update www.hplindia.co m Q4 & FY26 Salient Highlights ➢ Record quarterly revenue: highest ever:Q4 FY26 revenue from operations crossed ₹500 crore for the first time and stood at ₹519.70 crore, up 5.52% YoY. FY26 revenue stood at ₹1,811.10 crore, up 6.52% YoY. ➢ Consumer & Industrial emer
Slide 15: Consumer & Industrial: The second core growth engine
Performance Update www.hplindia.co m Consumer & Industrial: The second core growth engine C&I has moved from an adjacent business to a core growth pillar. FY26 C&I revenue grew 25.62% YoY to ₹784.67 crore, with revenue share rising from 37% in FY25 to 43% in FY26 — driven by C&I growth, not by reduc
Slide 16: Wires & Cables: From Strong Growth to Structural Scale-Up
Performance Update www.hplindia.co m Wires & Cables: From Strong Growth to Structural Scale-Up Revenue has nearly doubled in three years — from ₹183.79 cr in FY24 to ₹340.74 cr in FY26 (+85% cumulative, ~36% CAGR). FY26 alone delivered +50% YoY growth. Demand is now broad-based across five customer
Slide 17: Smart Metering: Sequential Recovery After Industry-Wide Execution Slowdown
Performance Update www.hplindia.co m Smart Metering: Sequential Recovery After Industry- Wide Execution Slowdown Smart Metering remains HPL's long-cycle growth opportunity. Q1 FY26 saw an industry-wide execution disruption that publicly affected metering OEMs across the sector. Sequential recovery b
Slide 18: Q4 FY26: YoY Performance Analysis
Performance Update www.hplindia.co m Q4 FY26: YoY Performance Analysis Net Revenues & Gross Margin (%) EBITDA & EBITDA Margin Cash% Profit & Cash EPS (₹) 520 86 Net Revenue 82 493 EBITDA Q4 FY25 Q4 FY26 Q4 FY25 Q4 FY26 Margin (%) 34.5% 35.7% Margin (%) 16.7% 16.5% PAT & PAT Margin (%) Cash Profit &
Slide 19: FY26: YoY Performance Analysis
Performance Update www.hplindia.co m FY26: YoY Performance Analysis Net Revenues & Gross Margin (%) EBITDA & EBITDA Margin Cash% Profit & Cash EPS (₹) 1,811 281 Net Revenue 1,700 255 EBITDA FY25 FY26 FY25 FY26 Margin (%) 35.0% 36.0% Margin (%) 15.0% 15.5% PAT & PAT Margin (%) Cash Profit & Cash EPS
Slide 20: FY26: YoY Segment Analysis
Performance Update www.hplindia.co m FY26: YoY Segment Analysis (in ₹ crore) Segment Net Revenue & EBIT Margin 1700 1811 785 624 % EBIT Margin FY25 FY26 1,076 1,026 ◼ Metering, Systems & Services 17.01% 17.52% ◼ Consumer, Industrial & Services 11.45% 10.21% FY25 FY26 Segment Revenue Share % FY26 con
Slide 21: Neeram Pulse: Strategic extension into smart water metering
Performance Update www.hplindia.co m Neeram Pulse: Strategic extension into smart water metering Long-duration adjacent opportunity | Platform leverage | Approvals and pilots in progress HPL has inaugurated a dedicated Panel Meter & AMI Water Meter manufacturing facility at Gurugram, with scalable p
Slide 22: Q4 & FY26 Consolidated Profit & Loss Statement
Performance Update www.hplindia.co m Q4 & FY26 Consolidated Profit & Loss Statement Particulars (In ₹ Crore) Q4 FY26 Q4 FY25 YoY% FY26 FY25 YoY% Revenue from Operations 519.70 492.54 5.52% 1,811.10 1,700.24 6.52% COGS 334.42 322.40 3.73% 1,159.01 1,104.64 4.92% Gross Profit 185.28 170.14 8.90% 652.0
Slide 23: Q4 & FY26 Consolidated Balance Sheet
Performance Update www.hplindia.co m Q4 & FY26 Consolidated Balance Sheet Equity And Liabilities (In ₹ Crore) Mar-26 Mar-25 Assets (In ₹ Crore) Mar-26 Mar-25 Shareholder's Fund Non-Current Assets Equity Share Capital 64.30 64.30 Property, plant and equipment 608.25 491.95 Other Equity 935.90 850.83
Slide 24: Marketing Campaigns – Amplified Brand Presence Through Social Media
Q4FY26 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: Annual Dealer Conference
Q4FY26 Performance Update www.hplindia.co m Annual Dealer Conference Annual Dealer Conference for Elite 150+ Dealers, Phuket (16th to 19th March 2026) Slide | 24
Slide 26: International / Domestic Exhibition
Q4FY26 Performance Update www.hplindia.co m International / Domestic Exhibition Participated in Iraq Energy Exhibition (10th to 12th January 2026) Slide | 25
Slide 27: Domestic Exhibitions
Q4FY26 Performance Update www.hplindia.co m Domestic Exhibitions Participated in Vidyut Expo, Participated in PEATA Exhibition Participated in Electra’2026, Participated in the Retail Nagpur 2026, Bhavnagar, Ahmedabad Kolkata & Contractor Association (9 to 11th January 2026) th (9th to 11th January
Slide 28: Dealer / Retailer Meet
Q4FY26 Performance Update www.hplindia.co m Dealer / Retailer Meet Dealer Meet Retailer Meet Srinagar Behrampur Slide | 27 Morbi, Ahmedabad Gurgaon, Haryana
Slide 29: Technical Seminar / Branding Activities
Q4FY26 Performance Update www.hplindia.co m Technical Seminar / Branding Activities Technical Seminar @South-Eastern Rail, Kharagpur Division @SSE North Office with 33 Sr. Electrical engineers by Branding Activities West Bengal Technical team members. Slide | 28
Slide 30: Business Strategy
Slide | 29 www.hplindia.co m 03 Business Strategy
Slide 31: Future business strategy for value creation
Q4FY26 Performance Update 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
Slide 32: Smart Meters – A Game Changing Initiative With Enormous Potential
Business Strategy www.hplindia.co m Smart Meters – “A Game Changing Initiative” With Enormous Potential • What is the opportunity size? Smart Meter Suppliers ❖ The Government of India has announced a ₹3.03 trillion smart metering initiative, aimed at large-scale deployment to improve billing efficie
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: Fuelling Innovation Across Industries: 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