HPL Electric & Power Limited — Updates, 22-05-2025: Press Release

HPL Electric & Power posted 16% revenue growth and 33% EBITDA growth in FY25, driven by smart metering, wires & cables, and domestic switchgear. PAT more than doubled to ₹94 Cr, aided by cost efficiencies and automation. The ₹3,500 Cr+ order book, led by smart meters, provides strong revenue visibility. Infrastructure and real estate demand supports wires & cables growth, while switchgear benefits from product and channel expansion. Healthy leverage positions the company well for capacity and technology investments.