Rs 3,500+ crore order book: Smart meter manufacturing company record Q4 and FY2025 results; PAT surges 115 per cent in FY25
The stock gave multibagger returns of 500 per cent in just 2 years and a whopping 2,200 per cent in 5 years.
HPL Electric & Power has announced exceptionally strong financial results for the full fiscal year 2025, demonstrating significant growth and operational efficiency. The company's Profit After Tax (PAT) surged by an impressive 115 per cent for FY2025, reflecting a substantial improvement in profitability. This excellent performance was driven by robust revenue growth of 16.4 per cent year-on-year, fuelled by strong momentum in its smart metering segment, as well as healthy contributions from its wires, cables, and domestic switchgear businesses. HPL's strategic focus on high-growth electrical segments and efficient execution of existing orders has paid off, leading to a remarkable turnaround in its financial health.
Looking ahead, HPL Electric & Power is well-positioned for continued success, backed by a formidable order book exceeding Rs 3,500 Crores as of May 20, 2025, with 99 per cent of this attributed to smart meters. This strong order visibility ensures steady cash flow for FY2026 and beyond, supporting future capital expenditures without increasing financial strain. The company's three priority segments—Smart Meters, Wires & Cables, and Domestic Switchgear—all achieved double-digit revenue growth in FY2025, showcasing both the depth and diversification of its revenue streams. With a leading position in India's Advanced Metering Infrastructure Service Provider (AMISP) program and a widespread pan-India distribution network, HPL is set to capitalise on the growing demand in these critical electrical sectors.
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About the Company
HPL Electric & Power Limited is a prominent Indian electric equipment manufacturer, offering a diverse range of products including metering solutions, switchgear, lighting, and wires & cables. The company has historically led India's electricity energy meter market and held the fifth-largest market share for LED lamps (Frost & Sullivan Report, Feb 2016). Supported by extensive manufacturing and a pan-India sales network, HPL sells its products under its established "HPL" brand, registered since 1975.
The company has a market cap of over Rs 3,500 crore. The company’s order book exceeds Rs 3,500+ crore as of May 20, 2025. The stock gave multibagger returns of 500 per cent in just 2 years and a whopping 2,200 per cent in 5 years.
Disclaimer: The article is for informational purposes only and not investment advice.