HPL Electric & Power

HPL Electric delivered a strong FY26 with revenue crossing 1,800 croresCurrent reported value: 1,800 crores. No comparable prior figure is available in the source record. and Q4 revenue exceeding 500 croresCurrent reported value: 500 crores. No comparable prior figure is available in the source record. for the first time. The CNI segment grew 26%Current 26%. Reported change: +26% YoY. to 784 crores, led by wire & cables which surged 50%Current reported value: 50%. No comparable prior figure is available in the source record. to 340 croresCurrent 340 crores. Reported change: +50% YoY.. Smart metering order book stands at 3,200 croresCurrent 3,200 crores. Reported change: N/A., providing multi-year visibility. Management guided CNI revenue to cross 1,000 crores in FY27 and expects similar growth momentum. Capex will be limited to maintenance, with debt remaining stable. Key risk: execution delays in smart metering due to state-level disruptions or policy shifts.