Highlights

• Hitachi Energy India reported FY26 revenue growth of 27.6 percent year-on-year.
• Company announced additional INR 2,000 crore capex for transformer manufacturing expansion.
• POWERINDIA shares traded higher following investor presentation and earnings discussion.

Hitachi Energy India Limited (NSE:POWERINDIA) remained in focus during the May 26, 2026 trading session after the company shared its analyst and investor presentation for Q4 FY25-26.

Shares of POWERINDIA traded at INR 36,200, up 1.59 percent from the previous close of INR 35,635. The stock opened at INR 35,400 and touched an intraday high of INR 36,495. The company’s market activity followed detailed disclosures related to revenue growth, margin expansion, order inflows, and future capital expenditure plans.

Source: Trading View

Revenue And Profit Growth Improve In FY26

Hitachi Energy India reported FY26 revenue from operations of INR 8,147.7 crore, compared with INR 6,384.9 crore in FY25, reflecting growth of 27.6 percent year-on-year. Profit after tax for FY26 stood at INR 987.8 crore against INR 384 crore reported in the previous year. Operational EBITDA rose to INR 1,252.5 crore from INR 592.3 crore in FY25.

For the March 2026 quarter, revenue from operations increased 46.2 percent year-on-year to INR 2,754.1 crore. Quarterly profit after tax rose 79.7 percent to INR 330.5 crore. The company also reported FY26 order inflows of INR 18,456.5 crore, marginally higher than FY25 levels.

Additional INR 2,000 Crore Capex Announced

The company announced additional capital expenditure of INR 2,000 crore for expansion initiatives, including a greenfield large power transformer facility at Karjan in Vadodara, Gujarat. With this latest announcement, cumulative capital expenditure plans have increased to INR 4,000 crore.

Management indicated that investments are aimed at supporting future growth opportunities linked to renewables, utilities, data centres, HVDC systems, battery energy storage systems, and industrial infrastructure.

Multiple Sector Opportunities Highlighted

The presentation highlighted opportunities emerging across India’s power and infrastructure ecosystem. The company pointed to rising investments in renewable energy integration, transmission infrastructure, data centres, electric vehicles, and industrial electrification.

Hitachi Energy India also cited increasing demand for grid modernisation, higher power loads, energy transition projects, and AI-linked electricity infrastructure requirements. The company showcased projects involving HVDC systems, substations, transformers, renewable energy infrastructure, and metro rail transformer supplies.

ESG And Safety Metrics Disclosed

The company disclosed several ESG-related metrics during the presentation. It stated that CO2 emissions were reduced by around 74 percent from 2019 levels during FY26.

The company also reported achieving 100 percent renewable electricity usage in operations and 99 percent waste recycling levels. It further stated that there were zero fatalities during FY26.

Source: Company Filing

Key Risks

• Large capital expenditure plans may increase execution and project management risks.
• Delays in infrastructure projects could impact future revenue recognition timelines.
• Commodity and currency fluctuations may affect operational profitability.
• Dependence on power sector investments may influence order inflow visibility.

Summary

Hitachi Energy India (NSE:POWERINDIA) reported higher FY26 revenue, profitability, and operational EBITDA during its latest analyst presentation. The company also announced additional INR 2,000 crore capital expenditure, taking cumulative expansion plans to INR 4,000 crore.

Investors tracked opportunities across renewables, transmission, data centres, HVDC systems, and infrastructure segments. POWERINDIA shares traded higher following the company’s earnings and growth-related disclosures.

FAQs

Q: What was Hitachi Energy India’s FY26 revenue growth rate?
A: The company reported FY26 revenue growth of 27.6 percent year-on-year.

Q: What new capex plan did Hitachi Energy India announce?
A: The company announced additional INR 2,000 crore capex for expansion and transformer manufacturing facilities.

Q: Why were POWERINDIA shares in focus on May 26, 2026?
A: Shares gained after the company released its analyst presentation highlighting growth and expansion plans.