HPL Electric & Power's Q2 FY 2025-26 Quarterly Results

Result Summary

• HPL Electric & Power Ltd reported a 13.3% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Sep (Q2 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 2.9%.
• Its expenses for the quarter were up by 12.7% QoQ and 2.7% YoY.
• The net profit increased 20.9% QoQ and increased 3.6% YoY.
• The earnings per share (EPS) of HPL Electric & Power Ltd stood at 3.46 during Q2 FY 2025-26.

Financial Statments for Q2 FY 2025-26

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

HPL Electric & Power Ltd is a prominent player in the electrical equipment industry. The company is engaged in the manufacturing and sale of a wide range of electrical products, including metering solutions, switchgears, lighting equipment, and wires and cables. HPL Electric & Power Ltd focuses on providing reliable and innovative solutions to cater to the needs of households, commercial establishments, and industrial sectors. As of the data available up to October 2023, specific information about recent major developments in the company is not provided. Therefore, this report will focus on analyzing the company's financial performance for the recent quarter based on the supplied data.

Revenue

For the second quarter of FY26, HPL Electric & Power Ltd reported a total income of ₹435.28 crores, compared to ₹384.21 crores in the first quarter of FY26 and ₹423.07 crores in the second quarter of FY25. This represents a quarter-over-quarter (QoQ) increase of 13.3% and a year-over-year (YoY) growth of 2.9%. The increase in revenue over both periods indicates a consistent upward trend in sales or services provided by the company. The analysis of revenue trends is essential to understanding how the company is performing in terms of its core business operations and market demand for its products and services.

Profitability

HPL Electric & Power Ltd's profitability metrics for Q2FY26 reveal a Profit Before Tax (PBT) of ₹30.49 crores, which shows a 21.9% increase QoQ and a 4.7% increase YoY. After accounting for taxes, the Profit After Tax (PAT) for the quarter is ₹22.35 crores, up from ₹18.48 crores in Q1FY26 and ₹21.58 crores in Q2FY25, reflecting a 20.9% QoQ and a 3.6% YoY increase. The earnings per share (EPS) for Q2FY26 stands at ₹3.46, compared to ₹2.87 in the previous quarter and ₹3.35 in the same quarter last year, marking a 20.6% QoQ increase and a 3.3% YoY rise. These figures provide insight into the company's ability to convert revenue into profit and return value to shareholders.

Operating Metrics

The total expenses for HPL Electric & Power Ltd in Q2FY26 were ₹404.79 crores, as opposed to ₹359.20 crores in Q1FY26 and ₹393.96 crores in Q2FY25. This indicates a 12.7% increase QoQ and a 2.7% increase YoY. The growth in expenses is slightly lower than the growth in total income, which may suggest efficiency in managing operating costs relative to revenue growth. The tax expense for the quarter was ₹8.14 crores, showing a QoQ increase of 24.5% and a YoY increase of 8.1%. These metrics are critical in assessing the company's operational efficiency and cost management strategies. The analysis of these operating metrics helps in understanding the company's expenditure patterns and its impact on overall profitability.