HPL Electric & Power Ltd

HPL Electric & Power Ltd has announced its 34th Annual General Meeting (AGM) will be held on Thursday, September 24, 2026, at 11:30 a.m. IST via video conference. The meeting will address business outlined in the AGM notice dated August 10, 2026. Shareholders who have not updated their email addresses will receive a physical letter with a web link to access the Annual Report for FY 2025-26 and the AGM notice. The documents are also available on the company's investor portal, KFin Technologies, and the BSE/NSE websites. Shareholders are urged to update their contact and bank details with their Depository Participant.

HPL Electric & Power Ltd has submitted its Business Responsibility and Sustainability Report (BRSR) for the financial year 2025-26, in compliance with SEBI regulations. The report, available on the company's website and as part of the Annual Report, details the company's corporate identity, registered and corporate addresses, and contact information for compliance officers. It outlines HPL's business activities, primarily in electrical equipment manufacturing, covering metering solutions, switchgears, LED lighting, wires & cables, and solar solutions. The company operates across 27 locations nationally and serves over 42 countries internationally, with exports contributing 1.56% to its total turnover. The BRSR is filed on a standalone basis, and assurance provider details are marked as not applicable for the reporting period.

HPL Electric & Power Ltd has announced the record date for dividend payment as September 17, 2026. This announcement is made in accordance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company also informed that its 34th Annual General Meeting (AGM) will be held on September 24, 2026, via video conferencing. The Notice of AGM and Annual Report 2025-26 are being dispatched to shareholders. The dividend, if declared at the AGM, will be paid to shareholders whose names appear on the company's register of members by the fixed record date.

HPL Electric & Power Limited has announced the details for its 34th Annual General Meeting (AGM), scheduled for Thursday, September 24, 2026, at 11:30 AM IST. The meeting will be conducted via video conferencing. The company has also fixed Thursday, September 17, 2026, as the record date for determining eligibility for dividend payment, should one be declared at the AGM. The Annual Report for FY 2025-26, along with the AGM notice, is being dispatched to shareholders. The report includes forward-looking statements and covers various aspects of the company's performance, strategy, and operations.

HPL Electric & Power Ltd has issued a notice for its 34th Annual General Meeting (AGM) to be held on Thursday, September 24, 2026, at 11:30 A.M. IST. The meeting will be conducted through video conferencing or other audio-visual means, in compliance with circulars from the Ministry of Corporate Affairs and SEBI. The notice also states that the Annual Report 2025-26 is being sent to members via email, with a web-link provided for those without registered email addresses. A record date of Thursday, September 17, 2026, has been fixed for potential dividend payments.

HPL Electric & Power Ltd announced its highest-ever Q1 revenue of ₹515.24 crore for the quarter ended June 30, 2026, marking a 34.52% year-over-year increase. The Consumer & Industrial (C&I) segment emerged as a strong growth driver, with revenue surging 55% to ₹277.59 crore, now constituting approximately 54% of total revenue. The Smart Metering segment also showed steady momentum, growing 16.53% YoY to ₹237.65 crore. Despite a 56.55% increase in depreciation, EBITDA grew 8.94% to ₹63.18 crore, and Profit After Tax (PAT) saw a modest increase of 1.15% to ₹18.69 crore. The company is implementing pricing and product-mix adjustments to address margin pressures arising from input cost volatility and a changing revenue mix.

HPL Electric & Power Ltd announced that its Board of Directors, in a meeting held on August 10, 2026, approved the unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. The company also approved the re-appointment of M/s. M.K. Singhal & Co. as Cost Auditor and PricewaterhouseCoopers Services LLP (PwC) as Internal Auditor for the Financial Year 2026-27. The financial results were reviewed by statutory auditors M/s. Sakshi & Associates.

HPL Electric & Power posted consolidated Q1 FY27 revenue of ₹515.24 Cr, up 34.5% YoY (₹383.03 Cr) though down 0.9% sequentially from a seasonally strong Q4 FY26 (₹519.70 Cr). Consolidated PAT was ₹18.69 Cr, up just 1.2% YoY (₹18.48 Cr) — profit growth trailed revenue growth by a wide margin — and fell 39.5% QoQ from ₹30.90 Cr, though the QoQ drop is largely a seasonality artifact given Q4 is typically the strongest billing quarter for this business. Standalone PAT was slightly lower at ₹17.91 Cr on ₹512.86 Cr revenue. The gap between revenue and profit growth traces to margin compression on both lines: OPM fell to 12.3% from 15.1% a year ago and 16.5% last quarter, while NPM slipped to 3.6% from 4.8% YoY. By segment, Consumer & Industrial (C&I) revenue surged 55.0% YoY to ₹277.59 Cr, but segment margin fell to 8.4% from 11.3% YoY (and from 9.1% in Q4 FY26), consistent with the higher-share wires-and-cables mix and elevated commodity costs management had flagged. The Metering, Systems & Services segment grew revenue a more modest 16.5% YoY to ₹237.65 Cr, but its segment result fell 6.5% YoY as margin compressed to 14.2% from 17.7%. Management's June 2026 concall guidance had projected margin recovery in "coming quarters" as commodity inflation eased and price adjustments took hold — that recovery did not show up this quarter; C&I margin instead extended its decline, so the print reads as a miss against that specific guidance line even as the broader growth themes tracked. The C&I revenue run-rate (₹277.59 Cr in Q1, annualising above ₹1,000 Cr) remains consistent with management's FY27 target of crossing ₹1,000 Cr in that segment. No press release or analyst consensus for this specific quarter was available to benchmark against street expectations, and the filing carries no company-specific corporate developments this quarter beyond the routine board meeting, an unclaimed-dividend reminder and the insider trading window closure — none of which bear on the operating numbers. Going into Q2 FY27, the key swing factor is whether the margin recovery management promised on the last call finally shows up, given Q1 moved in the opposite direction on both the OPM and C&I-margin metrics.

HPL Electric & Power Ltd has announced that its Board of Directors will convene on August 10, 2026. The primary agenda item is to consider and approve the Unaudited Standalone & Consolidated Financial Results for the first quarter ended June 30, 2026. Additionally, the company has informed that the trading window for its securities will remain closed until 48 hours after the declaration of these financial results, in compliance with SEBI regulations regarding insider trading.

HPL Electric & Power Ltd has issued a reminder letter to shareholders regarding unclaimed dividends, particularly for FY 2018-19, with a deadline of October 15, 2026, to claim them. As per the Companies Act, 2013, dividends remaining unclaimed for seven years from the transfer date are transferred to the Investor Education and Protection Fund (IEPF). Shares associated with these unclaimed dividends are also liable for transfer to IEPF. Shareholders are urged to submit necessary documentation to the Registrar and Share Transfer Agent (RTA), KFin Technologies Limited, to claim their dividends and retain their shares. Failure to do so by the deadline will result in the transfer to IEPF, after which claims must be made directly from the IEPF Authority using Form IEPF-5.