HPL Electric & Power Ltd.
Snapshot View

83.50 +1.55 ▲1.9%

23 July 2021, 04:00:00 P.M.
Volume: 116,172

Overview View Details

Sector Capital Goods Compare with Sector peers
Industry Electric Equipment Compare with Industry peers
Website http://www.hplindia.com
Financial Indicators
Market Cap 536.91 Cr.
Earnings per share (EPS) 1.55 Trailing Twelve Months Ending 2021-03
Price-Earning Ratio (PE) 53.88 Trailing Twelve Months Ending 2021-03
Industry PE 91.45 Trailing Twelve Months Ending 2021-03
Book Value / Share 117.93 Trailing Twelve Months Ending 2021-03
Price to Book Value 0.71 Calculated using Price: 83.50
Dividend Yield 0.18 Period Ending 2020-03
No. of Shares Subscribed 6.43 Cr. 64,300,486 Shares
FaceValue 10
Company Profile

The company was incorporated as ‘HPL-Socomec Private Limited’ on May 28, 1992 as a private limited company under the Companies Act 1956, with the Registrar of Companies, National Capital Territory of Delhi and Haryana at New Delhi (the RoC). Pursuant to a resolution of its Board of Directors dated January 21, 2010 and a resolution of its shareholders dated February 18, 2010, the name of the company was changed to HPL Electric & Power Private Limited and a fresh certificate of incorporation was issued upon change of name by the RoC on March 10, 2010. Further, pursuant to conversion of the company to a public limited company, the name of the company was changed to ‘HPL Electric & Power Limited’ and a fresh certificate of incorporation consequent upon change of name on conversion to public limited company was issued by the RoC on December 14, 2015.

The company supplies its products through a network of authorized dealers or distributors to institutional, non-institutional and corporate customers. It supplies switchgears, lighting equipment and wires and cables, primarily through its pan-India authorized dealer network. The company’s authorized dealers or distributors further sell its products to over 15,000 retailers in India. In addition, it supplies its products to Power Utilities, which primarily includes supply of meters under direct contractual arrangements to electricity boards and power distribution companies, as well as through project contractors. Further, the company supplies its portfolio of products to developers of residential and commercial building projects, OEMs and to industrial customers through a mix of direct sales and supply through its authorized dealer network.

The company also operates two tool rooms at Gurgaon (Haryana) and Kundli (Haryana), within its R&D Centres, where it has in-house component designing and tool designing facilities. The company currently owns and operates seven manufacturing facilities located across the states of Haryana and Himachal Pradesh, having in-house testing capabilities, including one manufacturing facility owned and operated by its Subsidiary.

Business area of the company

The company is an established electric equipment manufacturing company in India, manufacturing a diverse portfolio of electric equipment, including, metering solutions, switchgears, lighting equipment and wires and cables, catering to consumer and institutional customers in the electrical equipment industry.  It currently manufactures and sells its products under the umbrella brand ‘HPL’, which has been registered in India since 1975.

Major events

  • 1992: Incorporation of the company under the Companies Act 1956 pursuant to a joint venture agreement dated October 24, 1991 between Socomec and Havells Electronics Private Limited (the ‘Havell’s’ trademark is a property of Havell’s Industries (now Havells India Limited) and the company, its Promoters and members of its Promoter Group are not associated in any manner with Havells India Limited or its promoters).
  • 1998: Commencement of production of electronic/static energy meters at the factory situated at Gurgaon Facility I 2008 HPTL Scheme of Amalgamation pursuant to which the company acquired the lighting equipment business Commencement of production and manufacture of lighting equipment at its Sonepat Facility.
  • 2010 Change of name of the company from HPL-Socomec Private Limited to HPL Electric & Power Private Limited.
  • 2010: Commencement of production and manufacture of meters at its Gurgaon Facility II.
  • 2011: Commencement of production and manufacture of switchgears at its Kundli Facility.
  • 2014: Commencement of the production of wires and cables at the factory located at its Gharaunda Facility.
  • 2015: Conversion of the company into a public limited company. 
  • 2015: Commencement of manufacture of LED products.
  • 2015: Settlement with Socomec pursuant to which its promoter and promoter group acquired the entire shareholding of Socomec in the company.
  • 2016: Acquisition of Himachal Energy upon conversion of 15,000,000 optionally convertible debentures of Himachal Energy held by the company, pursuant to which Himachal Energy became a 97.15% owned subsidiary of the company.

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
+1.89%
1 Week
+5.23%
1 Month
+34.14%
3 Month
+78.80%
6 Month
+114.65%
1 Year
+137.89%
2 Year
+74.87%
5 Year
9 years 2012-03 2013-03 2014-03 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03
Return on Equity (%) 12.51 12.02 9.59 11.02 10.89 4.98 3.96 4.57 2.97
Return on Capital Employed (%) 15.71 16.83 14.02 14.54 14.34 10.50 8.12 8.69 7.11
Return on Assets (%) 4.25 3.75 2.99 3.25 2.94 1.90 1.93 2.21 1.45

Balance Sheet View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Shh. Funds 241 282 310 318 354 688 704 728 749
Non Curr. Liab. 103 82 102 133 157 -14 -2 9 43
Curr. Liab. 425 545 574 691 837 705 774 745 742
Minority Int. 1 1 2 2
Equity & Liab. 768 909 986 1,142 1,348 1,380 1,478 1,483 1,535
Non Curr. Assets 257 282 323 323 400 402 456 482 514
Curr. Assets 511 627 663 819 948 978 1,022 1,001 1,021
Misc. Exp. not W/O
Total Assets 768 909 986 1,142 1,348 1,380 1,478 1,483 1,535

Profit Loss View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Net Sales 721 911 1,011 1,047 1,116 986 1,036 1,158 977
Other Income 3 4 5 5 5 5 4 5 5
Total Income 724 916 1,016 1,052 1,121 992 1,041 1,163 981
Total Expenditure -638 -801 -906 -922 -975 -862 -926 -1,025 -852
PBIDT 86 115 110 130 146 129 114 138 129
Interest -41 -62 -59 -70 -78 -68 -51 -58 -61
Depreciation -7 -11 -13 -16 -19 -24 -23 -32 -37
Taxation -10 -10 -9 -9 -12 -11 -13 -15 -9
Exceptional Items
PAT 28 31 28 35 37 26 28 33 22

Cash Flow View Details

Particulars 5 years 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Cash Fr. Operatn. 103 3 20 83 63
Cash Fr. Inv. -92 -51 -59 -57 -60
Cash Fr. Finan. -14 49 40 -29 -3
Net Change -3 1 2 -3 0
Cash & Cash Eqvt 52 67 70 67 67

Shareholding Pattern View Details

9 Qtrs 2019-06 (%) 2019-09 (%) 2019-12 (%) 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%)
Promoter 72.34 72.34 72.34 72.34 72.34 72.34 72.34 72.66 72.66
Public 27.66 27.66 27.66 27.66 27.66 27.66 27.66 27.34 27.34
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Announcements View Details

Thu, 08 Jul 2021
Statement Of Investor Complaints For The Quarter Ended June 2021
No.of Investor complaints pending at the beginning of the quarter No.of Investor complaints received during the quarter No.of Investor complaints disposed of during the quarter No.of Investor complaints unresolved at the end of the quarter
0000
Name of the Signatory :- VIVEK KUMAR
Designation :- Company Secretary and Compliance Officer
Thu, 08 Jul 2021
Shareholding for the Period Ended June 30 2021
HPL Electric & Power Ltd has submitted to BSE the Shareholding Pattern for the Period Ended June 30 2021. For more details kindly Click here
Thu, 08 Jul 2021
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
Transcript of Conference Call

Technical Scans View Details

Fri, 23 Jul 2021
Stock Outperforming Benchmark Index in both 1 Week and 3 Month Stock Outperforming Benchmark Index in both 1 Week and 3 Month
Stock Outperforming Sectoral Index in both 1 Week and 3 Month Stock Outperforming Sectoral Index in both 1 Week and 3 Month
Strongly Outperforming Benchmark Index Strongly Outperforming Benchmark Index
Strongly Outperforming Sectoral Index Strongly Outperforming Sectoral Index
Close Within 2 Year High Zone Close Within 2 Year High Zone

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