The shares of the country’s leading electrical equipment manufacturer HPL Electric and Power Limited are being continuously bought by investors for the last few days. The company’s shares have increased by 13% in the last trading day and 38% in the last five days. The main reason for this rise in the company’s shares is the new orders received by the company.
The company has informed in its recent BSE filing on July 11, 2024 that the company has received an order for smart meters worth more than Rs 2000 crore. Although HPL has not disclosed the name of the company placing the order in its BSE filing, it has stated that the company giving the work order is a regular leading company of HPL.
HPL’s stock has reached its 52-week high with a gain of 13% in the last trading day and may see some more gains as soon as the market opens on Monday. Currently, the company’s stock is trading at ₹ 630.90 on NSE. Its 52-week high is ₹667.80 and 52-week low is ₹168.35.
HPL Electric and Power Shares Surged More Than 150% Within A Year
HPL Electric and Power stock has risen more than 100% in just three months, 122% in six months, and 185% in nine months. In the last 11 months, it has given more than 200% return.
| Period | Closing | Growth | Returns on ₹1 Lakh |
| 1M | ₹486.75 | 29.61% | ₹129,615 |
| 2M | ₹411.30 | 53.39% | ₹153,392 |
| 3M | ₹313.15 | 101.47% | ₹201,469 |
| 4M | ₹299.95 | 110.34% | ₹210,335 |
| 5M | ₹345.05 | 82.84% | ₹182,843 |
| 6M | ₹284.65 | 121.64% | ₹221,641 |
| 7M | ₹223.10 | 182.79% | ₹282,788 |
| 8M | ₹209.20 | 201.58% | ₹301,577 |
| 9M | ₹221.35 | 185.02% | ₹285,024 |
| 10M | ₹221.30 | 185.09% | ₹285,088 |
| 11M | ₹202.10 | 212.17% | ₹312,172 |
| 12M | ₹233.05 | 170.71% | ₹270,714 |
In the last 12 months, it has increased investors’ money more than two times. If you had invested ₹ 1 lakh in HPL Electric and Power’s share 12 months ago, the value of those shares would have increased to ₹2.70 lakh today.
HPL Electric and Power Shares Soars 130% in 2024 YTD
| Month | Opening | Closing | Gain/ Fall |
| Jan | ₹273.80 | ₹285.80 | 4.38% |
| Feb | ₹300.05 | ₹327.30 | 9.08% |
| Mar | ₹343.65 | ₹316.50 | -7.90% |
| Apr | ₹332.30 | ₹372.90 | 12.22% |
| May | ₹402.90 | ₹389.50 | -3.33% |
| Jun | ₹412.05 | ₹438.80 | 6.49% |
| Jul | ₹447.90 | ₹630.90 | 40.86% |
| Total Returns in 2024 | 130.42% | ||
HPL Electric & Power share price was trading at ₹273.80 per share in January and today it is trading at ₹630.90, representing a total gain of 130% in 2024 YTD.
₹1 Lakh Became ₹18 Lakh in 4 Years
In the table below you can check the HPL Electric & Power’s absolute returns and CAGR growth from listing. You can also check that if someone has invested a lump sum of Rs 1 lakh in company’s stock then what is the value of those Rs 1 lakh worth of shares today…
| Period | Growth | Returns on ₹1 Lakh | CAGR |
| 1Y | 170.71% | ₹270,714 | 170.71% |
| 2Y | 950.62% | ₹1,050,624 | 224.13% |
| 3Y | 675.54% | ₹775,538 | 97.94% |
| 4Y | 1736.68% | ₹1,836,681 | 107.02% |
| 5Y | 1056.55% | ₹1,156,554 | 63.17% |
| 6Y | 678.41% | ₹778,408 | 40.78% |
| 7Y | 375.79% | ₹475,792 | 24.96% |
| MAX | 233.28% | ₹333,281 | 16.74% |
- HPL Electric & Power’s stock has gained more than 150 per cent in one year. If we look at its performance in the last two years, it has gained more than 900 per cent.
- In the past four years, HPL Electric & Power’s share has increased investors’ money by more than 18 times.
- For investors who invested Rs 1 lakh in HPL Electric & Power five years ago, the value of those ₹1 lakh shares has grown to ₹11 lakh.
- The CAGR growth of HPL Electric & Power for the last 5 years is 63.17% and since the listing is 16.74%.
HPL Electric & Power Shares Performance & Return (Year-wise)
In the table below you can check the HPL Electric & Power’s return or performance year by year from listing to date.
| Year | Open | Close | Gain/ Fall |
| 2024 | ₹273.80 | ₹630.90 | 130.42% |
| 2023 | ₹100.95 | ₹248.95 | 146.61% |
| 2022 | ₹70.75 | ₹99.90 | 41.20% |
| 2021 | ₹43.75 | ₹70.15 | 60.34% |
| 2020 | ₹39.40 | ₹44.10 | 11.93% |
| 2019 | ₹62.15 | ₹38.70 | -37.73% |
| 2018 | ₹150.90 | ₹59.25 | -60.74% |
| 2017 | ₹98.60 | ₹143.15 | 45.18% |
| 2016 | ₹189.30 | ₹98.15 | -48.15% |
HPL Electric & Power shares have seen several big declines on a yearly basis since listing. However, since 2020, it has performed well on a yearly basis.
About the Company
HPL Electric & Power Limited is the country’s leading electrical equipment manufacturer and has over 40 years of experience serving the market. The company has seven manufacturing plants across the country and its product portfolio includes metering solutions, switchgear, modular switches, LED lighting, cables/wires and many more.
The company’s clientele includes government agencies, power utility companies, retail and institutional customers. Apart from this, the company exports its best engineering goods to more than 40 countries.
HPL Electric & Power is the country’s largest on-load change-over switch manufacturer with a market share of 50%. It also has a 20% market share in the domestic electric meter segment, a 5% market share in low-voltage switchgear and is the 5th largest LED manufacturer in the country.
| Market Cap | ₹ 3,953 Cr. |
| Current Price | ₹ 615 |
| High / Low | ₹ 668 / 179 |
| Intrinsic Value | ₹ 144 |
| Book Value | ₹ 129 |
| Face Value | ₹ 10.0 |
| ROCE | 11.1 % |
| ROE | 5.37 % |
| PEG Ratio | 15.4 |
| EPS | ₹ 6.77 |
| P/B Value | 4.76 |
| Dividend Yield | 0.17 % |
| Stock P/E | 90.8 |
| Industry PE | 61.8 |
| OPM | 13.2 % |
| Quick Ratio | 0.89 |
| Debt | ₹ 627 Cr. |
| Debt to equity | 0.76 |
| Current liabilities | ₹ 915 Cr. |
| Current assets | ₹ 1,384 Cr. |
| NCAVPS | ₹ 156 |
| Return on Assets | 2.44 % |
| Reserves | ₹ 764 Cr. |
| Cash Equivalents | ₹ 58.9 Cr. |
| Inventory | ₹ 573 Cr. |
HPL Electric & Power Shown good financial performance in last Quarter (Q4)
HPL Electric & Power experienced positive growth in net sales, net profit, EBITDA, and EPS as compared to the same quarter last year, indicating strong financial performance in the specified period.
| (INR) | Mar 2024 | Y/Y |
| Revenue | 424.09Cr | 16.91% |
| Net income | 13.71Cr | 21.84% |
| Diluted EPS | 2.13 | 21.71% |
| Net profit margin | 3.23% | 4.19% |
Last 5 Years Profit & Loss Statement of HPL Electric & Power
| Year | Sales | Profit | OPM |
| Mar 2020 | 925.00 | 17 | 12% |
| Mar 2021 | 850.00 | 8 | 13% |
| Mar 2022 | 1,004.00 | 7 | 12% |
| Mar 2023 | 1,215.00 | 28 | 12% |
| Mar 2024 | 1,421.00 | 41 | 13% |
Last 10 Years Compounded Sales and Profit Growth of HPL Electric & Power
| Period | Sales Growth | Profit Growth |
| 10 Years | 4% | 4% |
| 5 Years | 5% | 9% |
| 3 Years | 19% | 73% |
| TTM | 17% | 49% |
- In the last 3 years, compound sales growth is 19%, profit growth is 73% and the stock has grown at a CAGR of 98%.
- Compound sales have grown at 5% and profits at 9% percent over the last 5 years and the stock has grown at a CAGR of 63%.
- The combined sales growth for the last 10 years is 4% and profit growth is 4%.
HPL Electric & Power Shareholding Pattern
| Period | Promoters | FIIs | DIIs | Public |
| Mar 2022 | 72.66% | 0.01% | 1.26% | 26.07% |
| Jun 2023 | 72.66% | 0.43% | 0.24% | 26.68% |
| Sep 2023 | 72.66% | 0.00% | 0.23% | 27.12% |
| Dec 2023 | 72.66% | 0.00% | 0.23% | 27.12% |
| Mar 2024 | 72.66% | 0.24% | 0.32% | 26.78% |
| Jun 2024 | 72.66% | 0.74% | 0.23% | 26.38% |
- The promoters of the company hold 72.66% stake and have not bought or sold any shares in the last 2 years.
- In the last 2 years, FII has increased its stake in the company by 0.73%. In March 2022, FII’s stake was 0.01% which has now increased to 0.74% in March 2024.
- However, in the last 2 years, DII has reduced its stake in the company by 1.03%. In March 2022, DII’s stake in the company was 1.26%, which has now come down to 0.23% in March 2024.
Disclaimer: This article is for informational purposes only and should not be considered any investment advice.