Rs 29,125.30 crore order backlog: Heavy electrical equipment company announces Q1FY26 results; Strong order book momentum and margin performance!

Hitachi Energy stands as a global technology leader in electrification, dedicated to powering a sustainable energy future through innovative, digitally-driven power grid technologies. With a legacy spanning over a century in pioneering mission-critical solutions such as high-voltage systems, transformers, automation and power electronics, the company plays a vital role in the daily lives of over three billion people worldwide. Hitachi Energy is actively addressing the pressing energy challenge of our era: balancing escalating electricity demand with the critical need to decarbonise power systems. Headquartered in Switzerland, the company boasts an unparalleled installed base across more than 140 countries, fostering long-term partnerships in the utility, industry, transportation, data centres and infrastructure sectors. Employing over 50,000 people across 60 countries, Hitachi Energy generates annual revenues of approximately USD 16 billion.

Hitachi Energy India Ltd. announced exceptional results for Q1 FY26 (April-June 2025), driven by a surge in orders and robust margin performance. Orders skyrocketed by approximately 365 per cent year-on-year to Rs 11,339.2 crore, primarily fueled by the significant Bhadla-Fatehpur High Voltage Direct Current (HVDC) link project and a bulk order from POWERGRID for 765-kV transformers. This strong influx of new business pushed the company's order backlog to a record Rs 29,125.3 crore, ensuring substantial revenue visibility for upcoming quarters.

The company also demonstrated strong financial health with a 15.3 per cent year-on-year revenue increase to Rs 1,529.8 crore. This, combined with effective execution of high-margin orders and operational efficiencies, led to remarkable profit growth, with Profit After Tax (PAT) surging by 1163.1 per cent year-on-year. Operational EBITDA maintained a healthy double-digit margin of 11.1 per cent, further supported by strong cash generation from operations.

On Thursday, shares of Hitachi Energy Ltd plunged 3.48 per cent to Rs 20,100 per share with an intraday high of Rs 20,869.80 and an intraday low is Rs 19,450.80. The stock gave multibagger returns of 410 per cent in just 2 years whereas the BSE Sensex Index is up by 22 per cent. The company has Rs 29,125.30 order backlog.

Disclaimer: The article is for informational purposes only and not investment advice.