Hitachi Energy India Limited — Q1FY27 earnings call summary

Filed 14 August 2026 · Official transcript

Data center orders growing; multiple wins including 40x2500 kVA project in Hyderabad
HVDC revenue contribution in Q1 is low; pipeline remains strong with new bids expected
Commodity cost pass-through largely managed; product mix impacts gross margin YoY
Q1FY27 order intake INR 5,096.5 crs; 26.1% YoY growth excluding HVDC
Revenue grew 68.6% YoY to INR 2,493.7 crs; EBITDA INR 399.9 crs (+135% YoY)
Profit before tax margin 15.6%, profit after tax margin 11.8%
New 20th manufacturing facility in Karjan, Vadodara, commissioning by Dec 2028
Strong order backlog INR 32,222.1 crs with 25% export revenue contribution