Date 17.06.2026
HPL Electric & Power
Timeframe : Day Chart
Cmp 384
Note:- Breakout Buy Above 390
Market Share
(1) The company is the largest manufacturer of on-load change-over switches with a 50% market share in India.
(2) It also has a market share of 20% in the domestic electric meters market
(3) And a 5% market share in the Low-voltage Switchgear Market.
(4) It is the 5th largest LED manufacturer in India
Geographical Split
(1) Domestic: 97%
(20 Exports: 3%
Order Book
(1) Company has an order book of Rs. 3,300 Cr
(2) Metering, Systems & Services account for 95% of the order book
(3) Market cap is 2474 Cr Vs Order book of 3,300 Cr
Valuations :
(1) Stock Pe = 26
(2) Roce = 13.5%
(3) Roe = 10%
(4) Peg Ratio = 0.56
(5) Ev/Ebita = 11
(6) Profit Growth (ttm) = 1%
(7) Sales Growth = 7%
(8) Cfo/Op = 93%
Importnat Note:-
(1) FII Holding: Incerased by 80% from Dec quarter to March quarter
(2) Backward Integration: Unlike many competitors, HPL features completely in-house manufacturing and quality controls, maximizing its operating margins as execution scales up
(3) Working Capital Optimization: HPL's cash conversion cycle dropped to 190 days, significantly beating its 5-year historical median of 222 days
Regards,
Ankur Singh
HPL Electric & Power
Timeframe : Day Chart
Cmp 384
Note:- Breakout Buy Above 390
Market Share
(1) The company is the largest manufacturer of on-load change-over switches with a 50% market share in India.
(2) It also has a market share of 20% in the domestic electric meters market
(3) And a 5% market share in the Low-voltage Switchgear Market.
(4) It is the 5th largest LED manufacturer in India
Geographical Split
(1) Domestic: 97%
(20 Exports: 3%
Order Book
(1) Company has an order book of Rs. 3,300 Cr
(2) Metering, Systems & Services account for 95% of the order book
(3) Market cap is 2474 Cr Vs Order book of 3,300 Cr
Valuations :
(1) Stock Pe = 26
(2) Roce = 13.5%
(3) Roe = 10%
(4) Peg Ratio = 0.56
(5) Ev/Ebita = 11
(6) Profit Growth (ttm) = 1%
(7) Sales Growth = 7%
(8) Cfo/Op = 93%
Importnat Note:-
(1) FII Holding: Incerased by 80% from Dec quarter to March quarter
(2) Backward Integration: Unlike many competitors, HPL features completely in-house manufacturing and quality controls, maximizing its operating margins as execution scales up
(3) Working Capital Optimization: HPL's cash conversion cycle dropped to 190 days, significantly beating its 5-year historical median of 222 days
Regards,
Ankur Singh
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.