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Hitachi Energy India Ltd (formerly known as ABB Power Products and Systems India Ltd.) was created in 2019 as a Joint Venture between Hitachi and ABB's Power Grids. The company serves utility and industry customers, with a complete range of engineering, products, solutions, and services in areas of Power technology.
Hitachi Energy India announced robust Q1 results with Orders up 26.1% YoY and Revenue up 68.6% YoY, achieving a 16.0% Op EBITDA margin. The company secured its first 165 MW BESS order and boasts a record order backlog of 32,222.1 Cr, reflecting strong market momentum.
Hitachi Energy India achieved ₹8,147.71 Cr turnover and ₹5,175.96 Cr net worth for FY26. The company is advancing sustainability, cutting Scope 1/2 GHG emissions by 74%, achieving 100% renewable electricity, and 99% waste recycling. Key investments include a biofuel boiler and battery forklifts. Board changes saw a new Chairman and...
Hitachi Energy urges physical shareholders to update mandatory KYC details like PAN, nomination, and bank info. Deadline is August 14. Non-compliance could lead to withheld dividends and service restrictions. All dividend payments are now electronic.
Hitachi Energy's Board has proposed an INR 8.00/share final dividend. Shareholders will see tax deductions on this dividend. Submit required documents for appropriate tax withholding, as rates vary based on shareholder status.
Hitachi Energy India clarifies a media report: the ₹2,000 Cr investment for 3,000 jobs in Chennai is by a separate Hitachi Energy entity, not the listed company.