.png){kind=logo}
Hitachi Energy's share price saw a boost of 20% on Jan 30, 2025. The share price soared to Rs 12,157.95. This jump is followed by strong Q3 FY25 numbers, with standalone net profits coming in at Rs 137.28 crore, up sharply from Rs 22.97 crore in Q3 FY24.
As of 11.40 am, Hitachi Energy stock is trading at Rs. 12, 277.50, up by approximately 20.00%. The growth in financials shows that the investors are gaining confidence.
HEI’s revenue from operations jumped 27.16% in Q3 FY25, amounting to Rs 1,620.27 crore, compared to Rs 1,274.20 crore in Q3 FY24. This growth was largely driven by the company’s strategic focus on improving collections and securing advances from HVDC projects. These initiatives strengthened the company’s cash position, enabling sustained growth.
Profit Before Tax (PBT) surged to Rs 184.06 crore in Q3 FY25, an increase of over 400% compared to Rs 33.78 crore in the same period last year. Operating EBITDA also posted a robust growth of 108.5%, rising from Rs 81 crore in Q3 FY24 to Rs 168.9 crore. This resulted in an improved operating EBITDA margin of 10.1% in Q3 FY25, compared to 6.3% in Q3 FY24, indicating better operational efficiency.
A key highlight in HEI’s Q3 performance was its record-breaking order intake of Rs 11,594.3 crore. This surge was mainly due to a significant HVDC project to transmit renewable energy from Khavda in Gujarat to Nagpur in Maharashtra, marking a major milestone for the company.
The transmission segment, excluding the HVDC order, remains a driving force in the formation of order momentum, with power quality and substation projects both foremost. The export business also demonstrated significant growth and currently accounts for more than 40% of total orders.
The largest export markets now include Australia, Indonesia, Canada, and Azerbaijan, showing that HEI is rapidly becoming an international company. The service segment, excluding the HVDC order, made up 11% of overall orders, reflecting HEI's growth in service offerings and complementing its product solutions.
As of December 31, 2024, HEI reported its highest-ever order backlog of Rs 18,994.4 crore. This robust backlog ensures strong revenue visibility for the coming quarters, supporting long-term growth prospects. N Venu, Managing Director and CEO of HEI credited the company’s growth to its strategic investments in energy transition-related sectors and enhanced manufacturing capabilities.
The strong financial results, combined with a record order intake and a healthy order backlog, underscore HEI’s growth potential. The 20% surge in its share price reflects investor confidence in the company's performance. It also shows HEI’s ability to capitalize on the growing demand for energy solutions. A solid order book and a diverse range of projects across different sectors make Hitachi Energy India well-positioned for continued growth in the upcoming quarters.
