HPL Electric & Power LimitedQ1 FY27 Results & Financial Update

HPL Electric & Power Limited: Q1 FY27 consolidated results and company financials – revenue ₹515.24 Cr, PAT ₹18.69 Cr. Explore reported YoY/QoQ movements, margins, business drivers and management commentary. This page does not provide a rating, target price or investment recommendation.

NSE: HPLPublished 19 Oct 2026Updated 19 Oct 2026~6 min read
Quarter at a glanceCurrent reported figures.Change figures appear when a comparable reported period is available.
Revenue from operations₹515.24 CrReported Q1 FY27
Profit after tax₹18.69 CrReported Q1 FY27
EPS₹2.90Reported Q1 FY27

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Quarterly Results AnalysisExplore HPL Electric & Power Q1 FY27 quarterly results and earnings: revenue, profit (PAT), EBITDA, margins, YoY and QoQ growth, order book or business updates where reported, financial performance and management commentary. Reported figures and Nivata calculations are shown separately; no buy, sell or hold recommendation is provided.

Quarter overview

Quarterly earnings analysis

01

For the first quarter of fiscal year 2027 (ended June 30, 2026), HPL Electric & Power reported a consolidated revenue from operations of INR 515.24 crore and a total income of INR 517.40 crore.

02

Profit before tax (PBT) for the quarter stood at INR 25.17 crore after accounting for finance costs and depreciation expenses.

03

Net profit after tax (PAT) for Q1 FY27 reached INR 18.69 crore, resulting in a basic and diluted earnings per share (EPS) of INR 2.90.

04

Finance costs for the quarter were recorded at INR 22.08 crore, reflecting the capital-intensive nature of working capital requirements in the electrical manufacturing sector.

05

Depreciation and amortisation expenses amounted to INR 18.09 crore, covering the company's extensive manufacturing facilities and machinery base.

06

Tax expenses for the quarter were registered at INR 6.48 crore, while other income contributed INR 2.16 crore to the overall financial performance.

07

The filing demonstrates steady operational scale during the quarter without incorporating exceptional or one-off items in the consolidated statements.

08

The company recorded a profit before tax (PBT) of INR 25.17 crore and a net profit (PAT) of INR 18.69 crore for the quarter, reflecting a PAT margin of approximately 3.63%.

01 · Business model

What does HPL Electric & Power do?

HPL Electric & Power Limited operates as an established electrical equipment manufacturer in India, serving both domestic and international markets with a comprehensive product portfolio.

The company's core manufacturing operations encompass metering solutions, switchgear, lighting products, and wires and cables, addressing diverse utility, industrial, and residential requirements.

HPL caters extensively to power utilities, government infrastructure projects, institutional clients, and retail electrical distributors through a wide network of dealers across the country.

02 · Financial snapshot

Current-quarter financial snapshot

MetricQ1 FY27
Revenue from operations₹515.24 Cr
Total income₹517.40 Cr
Profit before tax₹25.17 Cr
Profit after tax₹18.69 Cr
EPS₹2.90

Financial interpretation

What the reported numbers mean

Profit conversion

Profit after tax represented 3.6% of reported quarterly operating revenue. This is a calculated net-profit-to-sales ratio, not a company-reported operating margin. It measures the outcome after expenses and tax; it does not, by itself, establish how margins changed versus another period.

Pre-tax earnings

Profit before tax was equivalent to 4.9% of quarterly operating revenue. The distinction between pre-tax and post-tax profit matters when interpreting earnings; neither ratio identifies an underlying cost driver without a properly matched comparative period.

Operating revenue versus total income

Total income exceeded operating revenue by ₹2.16 crore. This is the disclosed difference between the two lines, not incremental sales. The distinction matters when assessing how much of the quarter’s reported income came from the operating top line.

Ratios above are calculated from the reported quarterly figures. They are analytical descriptions, not company-reported margin guidance or an investment recommendation.

03 · Why it moved

Why the quarter looked the way it did

What drove revenue

Core Product Sales

Revenue is anchored by the primary segments of metering systems, industrial and domestic switchgear, lighting solutions, and wires and cables.

Consolidated Revenue from Operations

Revenue from operations for Q1 FY27 reached INR 515.24 crore, driven by core manufacturing and sales across metering, switchgear, lighting, and wire categories.

Total Income Contribution

Total income reached INR 517.40 crore, supported by INR 2.16 crore of other income supplementing the primary operating revenue.

What drove margins

Financing and Depreciation Pressures

Finance costs of INR 22.08 crore and depreciation of INR 18.09 crore represent material deductions from operating earnings before arriving at the reported PBT of INR 25.17 crore.

Financing and Debt Servicing Costs

Finance costs stood at INR 22.08 crore for the quarter, representing a notable overhead factor influencing bottom-line profitability.

Tax Burden

Tax expenses for the quarter were recorded at INR 6.48 crore against a PBT of INR 25.17 crore.

04 · Reported developments

What changed operationally

Positive Quarterly Earnings

The company posted a profitable quarter with a consolidated net profit of INR 18.69 crore and positive basic EPS of INR 2.90.

05 · Beyond the numbers

What changed beyond the numbers

Reported update

Consolidated Filing Submission

The financial results for Q1 FY27 were submitted via official exchange structured filing under IND-AS guidelines on August 10, 2026.

Reported update

Filing Compliance and Scope

The financial results were filed as a consolidated statement under Indian Accounting Standards (Ind AS) for the quarter ended June 30, 2026.

06 · Key Q&A

The quarter, answered directly

What does HPL Electric & Power do?

HPL Electric & Power Limited operates as an established electrical equipment manufacturer in India, serving both domestic and international markets with a comprehensive product portfolio.

What is the clearest takeaway from Q1 FY27?

For the first quarter of fiscal year 2027 (ended June 30, 2026), HPL Electric & Power reported a consolidated revenue from operations of INR 515.24 crore and a total income of INR 517.40 crore.

What drove revenue or demand?

Revenue is anchored by the primary segments of metering systems, industrial and domestic switchgear, lighting solutions, and wires and cables.

What mattered most for margins or profitability?

Finance costs of INR 22.08 crore and depreciation of INR 18.09 crore represent material deductions from operating earnings before arriving at the reported PBT of INR 25.17 crore.

What changed operationally beyond the headline numbers?

The financial results for Q1 FY27 were submitted via official exchange structured filing under IND-AS guidelines on August 10, 2026.

What should the next disclosure help confirm?

Track upcoming quarterly financial disclosures to evaluate sequential trends in revenue growth, finance costs, and net profitability.

07 · Scenario calculator

Earnings sensitivity: what if growth and margins change?

Starting point

Build your own next-quarter scenario

Reported values are prefilled where a comparable basis is available. Otherwise, the field starts at 0. You can overwrite every field.

Example: enter 10 for 10% revenue growth. Enter -100 for a 1 percentage-point margin decline.

Scenario output
Scenario revenue / income₹0 cr
Scenario profit after tax₹0 cr
Profit change vs base₹0 cr (0%)
Scenario margin0%
Growth needed to keep profit flat after this margin move0%

The calculator holds the selected margin basis constant except for the basis-point adjustment you enter. It does not estimate tax, finance cost, dilution, working capital, valuation or share price.

08 · Next filing checkpoints

What the next disclosure can confirm or change

  1. 01

    Subsequent Quarterly Filings: Track upcoming quarterly financial disclosures to evaluate sequential trends in revenue growth, finance costs, and net profitability.

  2. 02

    Subsequent Quarterly Disclosures: Monitor subsequent financial filings for Q2 FY27 to evaluate sequential top-line and margin progression.

  3. 03

    Finance Cost Trends: Track future finance costs (reported at INR 22.08 crore in Q1 FY27) to observe working capital efficiency and interest rate impacts.

Learn the metrics

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Use Nivata’s plain-English guides to understand the accounting terms used in this brief before interpreting them.

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