HPL Electric & Power Limited — Investor Meet, 23-06-2026: Analysts/Institutional Investor Meet/Con. Call Updates

HPL Electric & Power reported strong Q4 and FY26 results, with FY26 revenue crossing ₹1,800 Cr and Q4 revenue exceeding ₹500 Cr for the first time. EBITDA growth outpaced revenue. The C&I segment grew a robust 26% to ₹784 Cr in FY26, with wires & cables up 50%. Management targets C&I revenue to surpass ₹1,000 Cr in FY27. Smart metering order book remains strong at over ₹3,200 Cr, seeing execution recovery. New smart water meters (Neeram Pulse) offer future potential. Focus is on quality growth across both core segments with stable debt levels. Sentiment is positive on future expansion.