India · Delayed Price · Currency is INR Hitachi Energy India Earnings Call Transcripts
Fiscal Year 2027
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Q1 FY 2027 saw strong growth in orders, revenue, and profitability, with a record order backlog and robust export contribution. Strategic investments in manufacturing and sustainability, along with major wins in BESS and data centers, position the business for sustained growth.
Fiscal Year 2026
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Q4 and FY 2026 saw robust revenue and profit growth, with a record order backlog and strong export performance. Major CapEx will nearly double transformer capacity, supporting multi-year growth in renewables, data centers, and transmission.
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Q3 FY26 saw robust growth in orders, revenue, and profit, with a record order backlog and strong performance across renewables, industry, and data centers. Margins improved, CapEx is ramping up, and exports now exceed 29% of inflows.
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Q2 FY 2026 saw robust growth in orders, revenue, and profitability, with a record order backlog and strong export momentum. Operational efficiency improved margins, CapEx projects are on track, and double-digit EBITDA margin guidance is reaffirmed.
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Record Q1 order intake and backlog drove strong revenue and profit growth, with robust performance in transmission, rail, and data center segments. Operational efficiency, capacity expansion, and a healthy export pipeline support a positive outlook, despite some margin pressures and global uncertainties.
Fiscal Year 2025
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Record order backlog and robust financial growth marked FY 2024-2025, with strong performance in transmission and renewables, improved margins, and a significant QIP fundraise. Strategic investments and a new service unit position the company for continued expansion and margin improvement.
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Record quarterly order intake and backlog, driven by a major HVDC order, propelled revenue and profit to multi-year highs. Operational efficiency gains, a debt-free balance sheet, and robust growth in industrial and data center segments support a positive outlook.
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Record order backlog and robust revenue growth driven by renewables, data centers, and transmission. Margins improved, with double-digit guidance maintained and strong order visibility for the next 26 months. Operational cash flow was negative due to timing of large project payouts.
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Record order intake and backlog were achieved, with strong growth in transmission and renewables. Revenue rose 27% year-on-year, while profits nearly tripled, though margins remain a focus. Exports and services are growing, and significant investments support future growth.