Markets India

Hitachi Energy India shares surged nearly 9.2%, driven by a sharp rise in orders and revenue as the company reported strong quarterly results.

Hitachi Energy Shares Jump 9% on Q2 FY27 Results, Orders Surge 86%

Shares of Hitachi Energy India jumped over 9% after reporting Q2 FY27 results that showed significant growth across key metrics. The firm's net profit rose 21% year-on-year (YoY) to ₹318.5 crore, while revenue surged by 63.5% YoY to ₹2,996.5 crore. Orders also saw an impressive 85.9% increase to ₹4,120.8 crore, pushing the company's record backlog to ₹33,335.4 crore as of September 2026.

The sharp rise in orders and revenue signals strong demand for Hitachi Energy’s power transmission and data center solutions, positioning it well to benefit from India’s infrastructure and renewable energy investments. The stock hit an intraday high of ₹31,194.95, marking a 45% annual gain.

Analysts note that the company's expanding market presence in Asia, Africa, and the Middle East is highlighted by its order backlog and export growth. Exports grew 41% YoY in Q2 FY27 with an 184% increase over H1 FY27. However, EBITDA margins contracted to 13.6%, down from 16.3% a year earlier.

While the company's leadership in HVDC technology and grid automation services positions it well for India’s renewable energy integration efforts, analysts caution that maintaining profitability will depend on effective cost management amid increased competition.

Hitachi Energy's strong Q2 results signal robust demand but its ability to sustain margins remains critical. Analysts expect earnings growth of 54% CAGR through FY29, contingent on India’s infrastructure investment pace.

Topics: FinanceMarkets, TechInnovation, InfrastructureInvestment, RenewableEnergy, GridModernization, BusinessGrowth

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Source: LiveMint