HPL Electric & Power Ltd (HPL) — shareholding pattern, promoter holding, financials and share price
About HPL Electric & Power Ltd (HPL)
HPL Electric & Power Ltd operates in the Industrial Products industry, within the Capital Goods sector. It trades on the NSE as HPL and on the BSE under scrip code 540136. Its ISIN is INE495S01016.
HPL Electric & Power Limited is a leading electrical equipment manufacturer in India operating for the past 40 years. The Company has significant presence across five key product verticals of electric equipment – metering solutions, modular switches, switchgears, LED lighting and wires and cables. It caters to a wide spectrum of customer segments, such as power utilities, government agencies, and retail and institutional customers, with a strong brand recall as a trusted electrical brand. [1] It exports its finest engineering goods to more than 42 countries in regions of Asia, Africa, Europe, UK and Indian Sub-continent through the overseas logistic partners. [2]
HPL Electric & Power Limited is an Indian low-voltage electrical equipment manufacturer selling electric meters, switchgear, lighting, wires & cables and fans, supplying utilities, institutional customers and a large consumer dealer network across India with integrated manufacturing and two R&D centres.
The company is executing a substantial smart-meter opportunity with Metering, Systems & Services comprising over ₹3,100 crore of pipeline and order book, and management expects meaningful conversion through FY27 driven by AMISP programmes and expanded manufacturing lines at Jabli and Gurugram.
Listed peers in Industrial Products: EPack Prefab Technologies Ltd, Kilburn Engineering Ltd, Pennar Industries Ltd, HMT Ltd, Honda India Power Products Ltd, Indian Hume Pipe Company Ltd.
Valuation & Returns
10 Jul 2026At ₹356.5 a share on 10 Jul 2026, HPL Electric & Power Ltd (HPL) was valued at a price-to-earnings ratio of 25.12x against an industry P/E of 48.01x and a price-to-book of 2.5x on a book value of ₹142.32 per share as of Mar 2025. Solomo computes return on equity of 9.97% and return on capital employed of 14% from filed results. Earnings ratios use consolidated results for the twelve months Jun 2025 to Mar 2026.
- P/E
- 25.12x
- Industry P/E
- 48.01x
- P/B
- 2.5x
- EPS (TTM)
- ₹14.19
- Book value / share
- ₹142.32
- ROE
- 9.97%
- ROCE
- 14%
- ROA
- 4.36%
- Debt / equity
- 0.7x
- Dividend yield
- 0.28%
- EBITDA margin
- 15.5%
- 52-week range
- ₹256.05 – ₹639.5
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2026In the year ended Mar 2026, HPL Electric & Power Ltd (HPL) reported revenue of ₹1,811 crore, net profit of ₹91 crore and earnings per share of ₹14.15. That compares with revenue of ₹1,700 crore and net profit of ₹94 crore in Mar 2025. Figures are consolidated, as filed with the exchanges.
In the quarter ended Mar 2026, revenue was ₹520 crore and net profit ₹31 crore (consolidated).
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue (₹ cr) | 1,014 | 1,262 | 1,461 | 1,700 | 1,811 |
| Net profit (₹ cr) | 8 | 30 | 44 | 94 | 91 |
| EPS (₹) | 1.21 | 4.69 | 6.77 | 14.58 | 14.15 |
| Measure | 10Y | 5Y | 3Y | 1Y |
|---|---|---|---|---|
| Sales growth | 3.43% | 12.73% | 18.81% | 16.39% |
| Profit growth | 9.92% | 39.04% | 130.15% | 115.43% |
| Stock price CAGR | - | 34% | 14% | -45% |
Ownership Summary
Jun 2026As of Jun 2026, promoters hold 72.66% of HPL Electric & Power Ltd (HPL) (unchanged from the previous quarter), foreign institutional investors (FII) hold 0.75% and domestic institutional investors (DII) hold 0.1%. Promoters have pledged 2.4% of their holding. Market capitalisation was ₹2,292 crore on 10 Jul 2026. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Sep 2016.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Jun 2026 | 72.66% | 2.4% | 0.75% | 0.1% | 27.34% |
| Mar 2026 | 72.66% | 2.4% | 0.51% | 0.1% | 27.34% |
| Dec 2025 | 72.66% | 1.6% | 0.27% | 0.1% | 27.34% |
| Sep 2025 | 72.66% | 1.2% | 0.34% | 0.19% | 27.34% |
| Jun 2025 | 72.66% | 1.2% | 0.7% | 0.3% | 27.34% |
| Mar 2025 | 72.66% | - | 0.31% | 0.26% | 27.34% |
| Dec 2024 | 72.66% | - | 0.58% | 0.23% | 27.34% |
| Sep 2024 | 72.66% | - | 0.51% | 0.23% | 27.34% |