Live Hitachi Energy India Share Price Chart

O 10830.85

H 10830.85

L 10830.85

VOL 126

Hitachi Energy India Performance

Days Range

Low: ₹10,830.85
High: ₹11,130.00
Previous Close ₹10,830.85
Open ₹10,830.85
Volume 53,893
Day’s Range ₹10,830.85 - ₹11,130.00
52W Range ₹3,895.90 - ₹12,379.60
Market Cap ₹45,955 Cr

Hitachi Energy India Fundamentals

ROCE (TTM) 17
P/E Ratio (TTM) 280.62
P/B Ratio 33.79
Industry P/E 101.9
Debt to Equity 0.16
ROE 12.04
EPS (TTM) 38.64
Dividend Yield 0.04
Book Value 320.86
Face Value 2

Hitachi Energy India Financials

Jun 2023Sep 2023Dec 2023Mar 2024
Net Sales1,040.061,227.951,274.21,695.28
Expenses1,028.651,185.121,228.931,535.83
Profit before tax3.3832.3733.78152.17
Operating Profit2.4124.7422.97113.66
Net Profit2.4124.7422.97113.66
EPS in Rs0.575.845.4226.82

About Hitachi Energy India

History

Hitachi Energy India Limited was formerly known as ABB Power Products and Systems India Ltd. It was incorporated on February 19, 2019, in Bengaluru. The company offers sustainable solutions for meeting India’s increasing demand for electricity with a minimum environmental impact. The company has an extensive installed base for manufacturing electric motors, generators, transformers, etc. It also has a power distribution and control capability and a pan-India marketing and service presence.

The company’s journey technically began in 1988, when ASEA and Brown Boveri Cie (BBC) merged to form ABB India. In 1989, the company began work on the first back-to-back HVDC transmission link project for NPTCL in Vindhyachal, thus connecting the northern and western grids.

In 2013, the company inaugurated its dry-type transformers and PASS-GIS factories in Savli, Vadodara, built under the Make in India Initiative. In 2015, the company installed end-to-end power solutions for the Delhi Metro. 

In 2017, the company commissioned the world’s first multi-terminal UHVDC link, the 6,000 MW, 800 kV DC link project connecting the northeast to Agra. In 2020, the Company signed an MOU for the TOSA electric bus flash-charging technology in collaboration with Ashok Leyland. It also launched an advanced digital experience centre at PowerDEC in Bengaluru and inaugurated a High-Voltage Products Innovation Center at Vadodara. The company went public on March 30, 2020.

In May 2022, the company inaugurated the first facility in India to manufacture resin-impregnated paper bushings with up to 400 kV voltage levels at Vadodara. In August 2022, the company inaugurated a greenfield manufacturing facility for high-voltage power quality products in Karnataka. In FY 2022-23, the company commissioned the Raigarh-Pugalur HVDC project. It also launched the TRO600 series wireless routers with 5G capability, TXpertT Hub for digitising transformers, OceaniQTM portfolio for managing offshore wind energy, Lumada Inspection Insights for AI-based analysis of satellite images, etc.

Business Segments

The company has the following segments in its offerings:

  1. Products and solutions – This includes the company’s various physical products and systems. The list of products includes Cable Accessories, Capacitors and Filters, Communication Networks, Cooling Systems, Flexible AC Transmission Systems (FACTS), Generator Circuit-breakers (GCB), High-Voltage Switchgear and Breakers, High-Voltage Direct Current (HVDC), semiconductors, etc.
  2. Services and Consulting – This segment includes services related to Installation and Commission, assessment and security, training and development, upgrade, repair, decarbonisation, replacement and decommissioning, etc.

As of FY 2023, while the sale of products brought in 79% of revenue, contracts for projects and sales of services brought in 18%.

Subsidiaries

The company does not have any subsidiaries as of March 31, 2023.

Key Personnel

Venu Nuguri, Managing Director and CEO of Hitachi Energy in South Asia

Mr Nuguri has been the Managing Director of Hitachi Energy’s India division since December 2019 and has been the Head of the South Asia region since January 2016. Venu joined Hitachi Energy’s predecessor in 1995 and has accumulated over 25 years of experience across multiple company business units, including sales, account management, marketing, business development, operations, etc. 

Corporate Actions

The company has not performed any major corporate actions in the recent past.

Parent Organisation MNC Associate
Founded 2019
Managing Director Achim Michael Braun
NSE Symbol POWERINDIA

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Hitachi Energy India FAQs

What is the Share price of Hitachi Energy India (POWERINDIA)?

Hitachi Energy India (POWERINDIA) share price as of June 14, 2024, on NSE is Rs 11,040.55 (NSE) and Rs 11,012.15 (BSE) on BSE.

Can I buy Hitachi Energy India (POWERINDIA) shares?

Yes, You can buy Hitachi Energy India (POWERINDIA) shares by opening a Demat account with Angel One.

How do I buy Hitachi Energy India (POWERINDIA) from Angel One?

Hitachi Energy India (POWERINDIA) share can be brought through the following modes:
  1. Direct investment: You can buy Hitachi Energy India (POWERINDIA) shares by opening a Demat account with Angel One.
  2. Indirect investment: The indirect method involves investing through ETFs and Mutual Funds that offer exposure to Hitachi Energy India (POWERINDIA) shares.

Is Hitachi Energy India a Debt free Company?

No, Hitachi Energy India is not a debt free company.

What is the main business of Hitachi Energy India?

The main business of Hitachi Energy India is to provide innovative energy solutions to its customers spread across utility, infrastructure, and other industry sectors.

Who are the promoters of Hitachi Energy India?

The primary promoter of Hitachi Energy India is Hitachi Abb Power Grids Ltd with 75% shareholding as of December 31, 2022.