HPL ELECTRIC & POWER LTD

During the Q1 FY27 earnings webinar, management reported a strong start to the year, with revenue from operations increasing by 35% year-on-year to 515 crores, marking the highest first-quarter revenue in the company's history. The consumer and industrial (C&I) segment achieved a record revenue of 278 crores, growing 55% year-on-year, while smart metering revenue grew 17% to 234 crores. Management highlighted the importance of a diversified growth model, with a focus on expanding product offerings and channel reach. Despite challenges such as input cost volatility and compressed margins, management expressed confidence in improving profitability through pricing strategies and operational efficiencies. The order book stood at 3,200 crores, primarily from smart metering, providing strong visibility for future growth. Management emphasized ongoing investments in R&D and automation to enhance operational capabilities and maintain competitive advantage.

Management highlighted strong revenue growth and a diversified growth strategy.