Financial Performance Overview
Standalone Results
- Revenue from Operations: ₹185,799.68 lakhs (₹168,440.50 lakhs in FY25)
- Profit Before Tax: ₹11,172.84 lakhs (₹11,686.17 lakhs in FY25)
- Profit After Tax: ₹8,306.16 lakhs (₹8,679.60 lakhs in FY25)
- Earnings Per Share: ₹12.92 (₹13.50 in FY25)
Consolidated Results
- Revenue from Operations: ₹181,109.67 lakhs (₹170,024.40 lakhs in FY25), representing 6.52% YoY growth
- EBITDA: ₹281.43 crore (₹254.63 crore in FY25), with margin improvement of 56 bps to 15.54%
- Profit After Tax: ₹9,125.25 lakhs (₹9,398.71 lakhs in FY25), a 2.91% decline
- Earnings Per Share: ₹14.15 (₹14.58 in FY25)
Operational and Business Highlights
The company demonstrated strong operational performance with Consumer & Industrial business revenue growing 25.62% YoY to ₹784.67 crore. The order book remained robust at ₹3,200+ crore as of May 22, 2026. HPL expanded into digital water infrastructure with the launch of 'Neeram Pulse' smart water meter. The company received credit rating upgrades from CRISIL (A- to A) and India Ratings (IND A+/Stable), reflecting improved financial stability.
34th Annual General Meeting Details
- Date: September 24, 2026 at 11:30 AM IST
- Mode: Video Conferencing/Other Audio Visual Means
- Record Date: September 17, 2026 fixed for dividend payment
- Key Agenda Items: Adoption of financial statements, declaration of final dividend of ₹1 per equity share (10%), re-appointment of Mr. Rishi Seth as Managing Director, and appointment of Cost Auditors for FY27
Financial Position and Key Balance Sheet Items
- Total Assets: ₹239,832.99 lakhs (PY: ₹209,476.01 lakhs)
- Total Borrowings: ₹72,924.23 lakhs (standalone), ₹74,975.53 lakhs (consolidated)
- Property, Plant & Equipment (net block): ₹56,759.37 lakhs
- Inventories: ₹73,293.07 lakhs
- Trade Receivables: ₹74,496.07 lakhs (net of impairment)
- Contingent Liabilities: ₹544.80 lakhs
Auditor Report and Compliance
The financial statements received an unmodified opinion from Sakshi & Associates, Chartered Accountants. The key audit matter identified was tax litigations, requiring significant judgement assessment. The company confirmed compliance with all applicable provisions of the Companies Act, 2013, SEBI LODR Regulations, and Secretarial Standards issued by ICSI.
Shareholder Communication and Voting Process
The notice of AGM and Annual Report are being sent electronically to all members with registered email addresses. For shareholders without email registration, a letter providing web-link access is being sent. Voting will be conducted through electronic means in accordance with MCA and SEBI circulars, with results disclosed post-AGM as per regulatory requirements.