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POWE

Hitachi Energy India NSEI:POWERINDIA Stock Report

Last Price

₹3.19k

Market Cap

₹135.2b

7D

-3.0%

1Y

75.5%

Updated

22 Jun, 2022

Data

Company Financials +
POWERINDIA fundamental analysis
Snowflake Score
Valuation0/6
Future Growth5/6
Past Performance2/6
Financial Health4/6
Dividends0/6

POWERINDIA Stock Overview

ABB Power Products and Systems India Limited develops, engineers, manufactures, and sells products, systems, and projects for electricity transmission and related activities in India and internationally.

Hitachi Energy India Competitors

 

 

 

 

 

 

 

 

 

 

 

 

Price History & Performance

Summary of all time highs, changes and price drops for Hitachi Energy India
Historical stock prices
Current Share Price₹3,191.50
52 Week High₹4,042.60
52 Week Low₹1,741.00
Beta0.37
1 Month Change1.79%
3 Month Change-6.75%
1 Year Change75.52%
3 Year Changen/a
5 Year Changen/a
Change since IPO346.99%

Recent News & Updates

Jun 17
Be Wary Of Hitachi Energy India (NSE:POWERINDIA) And Its Returns On Capital

Be Wary Of Hitachi Energy India (NSE:POWERINDIA) And Its Returns On Capital

If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. In a perfect...

Shareholder Returns

POWERINDIAIN ElectricalIN Market
7D-3.0%-3.2%-3.1%
1Y75.5%8.9%-2.5%

Return vs Industry: POWERINDIA exceeded the Indian Electrical industry which returned 10.1% over the past year.

Return vs Market: POWERINDIA exceeded the Indian Market which returned -1.6% over the past year.

Price Volatility

Is POWERINDIA's price volatile compared to industry and market?
POWERINDIA volatility
POWERINDIA Average Weekly Movement6.4%
Electrical Industry Average Movement6.6%
Market Average Movement6.9%
10% most volatile stocks in IN Market9.8%
10% least volatile stocks in IN Market4.5%

Stable Share Price: POWERINDIA is not significantly more volatile than the rest of Indian stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: POWERINDIA's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20192,290Venu Nugurihttps://www.hitachiabbpowergrids.com/in/en

ABB Power Products and Systems India Limited develops, engineers, manufactures, and sells products, systems, and projects for electricity transmission and related activities in India and internationally. The company’s products include a range of high-voltage products, transformers, grid automation and integration products, high-voltage direct current products, and power quality products and systems. The company was incorporated in 2019 and is headquartered in Bengaluru, India.

Hitachi Energy India Fundamentals Summary

How do Hitachi Energy India's earnings and revenue compare to its market cap?
POWERINDIA fundamental statistics
Market Cap₹135.16b
Earnings (TTM)₹1.64b
Revenue (TTM)₹38.68b

82.4x

P/E Ratio

3.5x

P/S Ratio

Is POWERINDIA overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
POWERINDIA income statement (TTM)
Revenue₹38.68b
Cost of Revenue₹24.57b
Gross Profit₹14.11b
Other Expenses₹12.47b
Earnings₹1.64b

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)38.69
Gross Margin36.48%
Net Profit Margin4.24%
Debt/Equity Ratio11.0%

How did POWERINDIA perform over the long term?

See historical performance and comparison

Dividends

0.09%

Current Dividend Yield

6%

Payout Ratio

Does POWERINDIA pay a reliable dividends?

See POWERINDIA dividend history and benchmarks
When do you need to buy POWERINDIA by to receive an upcoming dividend?
Hitachi Energy India dividend dates
Ex Dividend DateJul 14 2022
Dividend Pay DateAug 21 2022
Days until Ex dividend21 days
Days until Dividend pay date59 days

Does POWERINDIA pay a reliable dividends?

See POWERINDIA dividend history and benchmarks
We’ve recently updated our valuation analysis.

Valuation

Is POWERINDIA undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • PEG Ratio

Key Valuation Metric

Which metric is best to use when looking at relative valuation for POWERINDIA?

Other financial metrics that can be useful for relative valuation.

POWERINDIA key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue3.5x
Enterprise Value/EBITDA57.2x
PEG Ratio2.3x

Price to Earnings Ratio vs Peers

How does POWERINDIA's PE Ratio compare to its peers?

POWERINDIA PE Ratio vs Peers
The above table shows the PE ratio for POWERINDIA vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average44x

Price-To-Earnings vs Peers: POWERINDIA is expensive based on its Price-To-Earnings Ratio (82.4x) compared to the peer average (44x).


Price to Earnings Ratio vs Industry

How does POWERINDIA's PE Ratio compare vs other companies in the Indian Electrical Industry?

Price-To-Earnings vs Industry: POWERINDIA is expensive based on its Price-To-Earnings Ratio (82.4x) compared to the Indian Electrical industry average (19x)


Price to Earnings Ratio vs Fair Ratio

What is POWERINDIA's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

POWERINDIA PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio82.4x
Fair PE Ratio42.4x

Price-To-Earnings vs Fair Ratio: POWERINDIA is expensive based on its Price-To-Earnings Ratio (82.4x) compared to the estimated Fair Price-To-Earnings Ratio (42.4x).


Share Price vs Fair Value

What is the Fair Price of POWERINDIA when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: POWERINDIA (₹3191.5) is trading above our estimate of fair value (₹492.29)

Significantly Below Fair Value: POWERINDIA is trading above our estimate of fair value.


Price to Earnings Growth Ratio

PEG Ratio: POWERINDIA is poor value based on its PEG Ratio (2.3x)


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Future Growth

How is Hitachi Energy India forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?

Future Growth Score

5/6

Future Growth Score 5/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


35.4%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: POWERINDIA's forecast earnings growth (35.4% per year) is above the savings rate (6.7%).

Earnings vs Market: POWERINDIA's earnings (35.4% per year) are forecast to grow faster than the Indian market (17.3% per year).

High Growth Earnings: POWERINDIA's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: POWERINDIA's revenue (12.8% per year) is forecast to grow faster than the Indian market (11.5% per year).

High Growth Revenue: POWERINDIA's revenue (12.8% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: POWERINDIA's Return on Equity is forecast to be high in 3 years time (22.4%)


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Past Performance

How has Hitachi Energy India performed over the past 5 years?

Past Performance Score

2/6

Past Performance Score 2/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


49.0%

Last years earnings growth

Earnings and Revenue History

Quality Earnings: POWERINDIA has a high level of non-cash earnings.

Growing Profit Margin: POWERINDIA's current net profit margins (4.2%) are higher than last year (3%).


Past Earnings Growth Analysis

Earnings Trend: Insufficient data to determine if POWERINDIA's year-on-year earnings growth rate was positive over the past 5 years.

Accelerating Growth: Insufficient data to compare POWERINDIA's past year earnings growth to its 5-year average.

Earnings vs Industry: POWERINDIA earnings growth over the past year (49%) exceeded the Electrical industry 47.6%.


Return on Equity

High ROE: POWERINDIA's Return on Equity (14.5%) is considered low.


Discover strong past performing companies

Financial Health

How is Hitachi Energy India's financial position?

Financial Health Score

4/6

Financial Health Score 4/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: POWERINDIA's short term assets (₹26.8B) exceed its short term liabilities (₹23.4B).

Long Term Liabilities: POWERINDIA's short term assets (₹26.8B) exceed its long term liabilities (₹560.1M).


Debt to Equity History and Analysis

Debt Level: POWERINDIA's net debt to equity ratio (3.4%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if POWERINDIA's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: POWERINDIA's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: POWERINDIA's interest payments on its debt are well covered by EBIT (4.9x coverage).


Balance Sheet


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Dividend

What is Hitachi Energy India current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


0.094%

Current Dividend Yield

Upcoming Dividend Payment

TodayJun 23 2022Ex Dividend DateJul 14 2022Dividend Pay DateAug 21 202238 days from Ex DividendBuy in the next 21 days to receive the upcoming dividend

Dividend Yield vs Market

Notable Dividend: POWERINDIA's dividend (0.094%) isn’t notable compared to the bottom 25% of dividend payers in the Indian market (0.44%).

High Dividend: POWERINDIA's dividend (0.094%) is low compared to the top 25% of dividend payers in the Indian market (1.93%).


Stability and Growth of Payments

Stable Dividend: POWERINDIA is not paying a notable dividend for the Indian market, therefore no need to check if payments are stable.

Growing Dividend: POWERINDIA is not paying a notable dividend for the Indian market, therefore no need to check if payments are increasing.


Earnings Payout to Shareholders

Earnings Coverage: POWERINDIA is not paying a notable dividend for the Indian market.


Cash Payout to Shareholders

Cash Flow Coverage: POWERINDIA is paying a dividend but the company has no free cash flows.


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Management

How experienced are the management team and are they aligned to shareholders interests?

2.5yrs

Average management tenure


CEO

Venu Nuguri (56 yo)

2.5yrs

Tenure

₹29,110,000

Compensation

Mr. Venu Nuguri serves as Managing Director at Hitachi Energy India Limited (formerly known as ABB Power Products and Systems India Limited) since December 2, 2019. He holds a bachelor’s degree in electric...


CEO Compensation Analysis

Compensation vs Market: Venu's total compensation ($USD372.72K) is about average for companies of similar size in the Indian market ($USD457.09K).

Compensation vs Earnings: Venu's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: POWERINDIA's management team is considered experienced (2.5 years average tenure).


Board Members

Experienced Board: POWERINDIA's board of directors are not considered experienced ( 2.5 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Hitachi Energy India Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Hitachi Energy India Limited
  • Ticker: POWERINDIA
  • Exchange: NSEI
  • Founded: 2019
  • Industry: Heavy Electrical Equipment
  • Sector: Capital Goods
  • Implied Market Cap: ₹135.155b
  • Shares outstanding: 42.38m
  • Website: https://www.hitachiabbpowergrids.com/in/en

Number of Employees


Location

  • Hitachi Energy India Limited
  • Brigade Opus
  • 8th Floor
  • Bengaluru
  • Karnataka
  • 560 092
  • India

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/06/22 00:00
End of Day Share Price2022/06/22 00:00
Earnings2022/03/31
Annual Earnings2022/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.