Financials Hitachi Energy India Limited

Equities

POWERINDIA

INE07Y701011

Heavy Electrical Equipment

End-of-day quote NSE India S.E. 06:00:00 2024-05-30 pm EDT 5-day change 1st Jan Change
10,767 INR +1.06% Intraday chart for Hitachi Energy India Limited -2.60% +104.53%

Valuation

Fiscal Period: March 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 31,774 57,934 149,236 141,699 456,330 - -
Enterprise Value (EV) 1 31,774 57,934 149,236 141,699 295,472 462,780 468,144
P/E ratio - 38.2 x 73.4 x 151 x 180 x 123 x 71.4 x
Yield - 0.22% 0.09% 0.1% 0.04% 0.13% 0.1%
Capitalization / Revenue 0.92 x 1.54 x 3.06 x 3.17 x 5.64 x 6.93 x 5.62 x
EV / Revenue 0.92 x 1.54 x 3.06 x 3.17 x 5.64 x 7.03 x 5.77 x
EV / EBITDA - 23.7 x 48 x 60.1 x 84.7 x 74.7 x 47 x
EV / FCF - - -50.7 x -2,147 x 115 x 204 x 48.7 x
FCF Yield - - -1.97% -0.05% 0.87% 0.49% 2.05%
Price to Book - - 13.2 x 11.7 x 34.6 x 27 x 20.6 x
Nbr of stocks (in thousands) 42,382 42,382 42,382 42,382 42,382 - -
Reference price 2 749.7 1,367 3,521 3,343 10,767 10,767 10,767
Announcement Date 2/26/21 2/9/22 5/27/22 5/24/23 5/21/24 - -
1INR in Million2INR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2020 2021 2022 2023 2024 2025 2026
Net sales 1 34,389 37,705 48,840 44,685 52,375 65,815 81,169
EBITDA 1 - 2,444 3,106 2,359 3,490 6,193 9,962
EBIT 1 - 1,636 2,152 1,558 2,590 5,147 8,773
Operating Margin - 4.34% 4.41% 3.49% 4.94% 7.82% 10.81%
Earnings before Tax (EBT) 1 - 2,059 2,766 1,308 2,217 4,865 8,501
Net income 1 - 1,517 2,034 939 1,638 3,706 5,902
Net margin - 4.02% 4.16% 2.1% 3.13% 5.63% 7.27%
EPS 2 - 35.80 47.99 22.16 38.64 87.25 150.7
Free Cash Flow 1 - - -2,941 -66 3,993 2,270 9,617
FCF margin - - -6.02% -0.15% 7.88% 3.45% 11.85%
FCF Conversion (EBITDA) - - - - 139.5% 36.65% 96.54%
FCF Conversion (Net income) - - - - 332.47% 61.26% 162.93%
Dividend per Share 2 - 3.000 3.000 3.400 3.997 14.40 11.17
Announcement Date 2/26/21 2/9/22 5/27/22 5/24/23 5/21/24 - -
1INR in Million2INR
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: March 2021 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1
Net sales 1 - 11,134 9,860 11,146 10,339 13,340 10,401 12,358 12,966 15,160 14,808
EBITDA 1 - 663 256.4 757.7 394.5 950.7 336.7 882.7 878 1,149 1,367
EBIT - - - - - 740.1 - - 945 894.8 1,123
Operating Margin - - - - - 5.55% - - 7.29% 5.9% 7.58%
Earnings before Tax (EBT) - - - - - 650.9 - - 762.5 820.5 1,118
Net income 1 343.2 - - - 45.8 508.1 24.1 526.5 426 652.8 836
Net margin - - - - 0.44% 3.81% 0.23% 4.26% 3.29% 4.31% 5.65%
EPS 8.100 - - - - 11.99 - - 16.20 15.50 19.70
Dividend per Share - - - - - - - - - - -
Announcement Date 10/22/21 5/27/22 7/21/22 11/4/22 2/6/23 5/24/23 7/25/23 - - - -
1INR in Million
Estimates

Balance Sheet Analysis

Fiscal Period: March 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 - - - - 2,414 6,450 11,814
Net Cash position 1 - - - - - - -
Leverage (Debt/EBITDA) - - - - 0.8432 x 1.042 x 1.186 x
Free Cash Flow 1 - - -2,941 -66 3,993 2,270 9,617
ROE (net income / shareholders' equity) - - 19.7% 8% 8.97% 23.2% 31.2%
ROA (Net income/ Total Assets) - - - - - - -
Assets 1 - - - - - - -
Book Value Per Share 2 - - 267.0 287.0 311.0 398.0 524.0
Cash Flow per Share - - - - - - -
Capex 1 - - 1,674 120 1,000 1,092 1,137
Capex / Sales - - 3.43% 0.27% 1.97% 1.66% 1.4%
Announcement Date 2/26/21 2/9/22 5/27/22 5/24/23 5/21/24 - -
1INR in Million2INR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
C
More Ratings
Sell
Consensus
Buy
Mean consensus
HOLD
Number of Analysts
8
Last Close Price
10,767 INR
Average target price
9,225 INR
Spread / Average Target
-14.32%
Consensus
  1. Stock Market
  2. Equities
  3. POWERINDIA Stock
  4. Financials Hitachi Energy India Limited