HPL Electric & Power Ltd
ABOUT [ edit ]
HPL Electric & Power Limited is a leading electrical equipment manufacturer in India operating for the past 40 years. The Company has significant presence across five key product verticals of electric equipment – metering solutions, modular switches, switchgears, LED lighting and wires
and cables. It caters to a wide spectrum of customer segments, such as power utilities, government agencies, and retail and institutional customers, with a strong brand recall as a trusted electrical brand. [1]
It exports its finest engineering goods to more than 42 countries in regions of Asia, Africa, Europe, UK and Indian Sub-continent through the overseas logistic partners. [2]
KEY POINTS [ edit ]
Market Share[1]
The company is the largest manufacturer of on-load change-over switches with a 50% market share in the country. It also has a market share of 20% in domestic electric meters market. It also has 5% market share in the Low-voltage Switchgear Market. It is the 5th largest LED manufacturer in the country.
Manufacturing Capabilities
The Company has seven manufacturing facilities at Gurugram, Jabli, Kundli & Gahraunda with end-to-end capabilities. [2] Its well organised supply chain is supported by 21 warehouses across India[3]. Its manufacturing process is supported by 2 R&D facilities in Gurugram & Kundli with more than 100 engineers. [2]
Established Distribution Network [3]
HPL has established a pan-India distribution network with 900+ authorised dealers and 45,000+ retailers across India in order to reinforce its brand presence and leverage on the growing potential of India’s electrical equipment industry in metros and Tier I and II cities.
The company plans to increase the retailers to 1,00,000 by March 2025[4]
Revenue Breakup[5]
Metering products contributes 53%, the rest is from Consumer & Industrial 47%.
Orderbook[6]
The company has a strong order book of Rs1500+ cr with meter & systems contributing 82% and the consumer and industrial segment contributing 18% of the current order book.
ABOUT [ edit ]
HPL Electric & Power Limited is a leading electrical equipment manufacturer in India operating for the past 40 years. The Company has significant presence across five key product verticals of electric equipment – metering solutions, modular switches, switchgears, LED lighting and wires
and cables. It caters to a wide spectrum of customer segments, such as power utilities, government agencies, and retail and institutional customers, with a strong brand recall as a trusted electrical brand. [1]
It exports its finest engineering goods to more than 42 countries in regions of Asia, Africa, Europe, UK and Indian Sub-continent through the overseas logistic partners. [2]
KEY POINTS [ edit ]
Market Share[1]
The company is the largest manufacturer of on-load change-over switches with a 50% market share in the country. It also has a market share of 20% in domestic electric meters market. It also has 5% market share in the Low-voltage Switchgear Market. It is the 5th largest LED manufacturer in the country.
Manufacturing Capabilities
The Company has seven manufacturing facilities at Gurugram, Jabli, Kundli & Gahraunda with end-to-end capabilities. [2] Its well organised supply chain is supported by 21 warehouses across India[3]. Its manufacturing process is supported by 2 R&D facilities in Gurugram & Kundli with more than 100 engineers. [2]
Established Distribution Network [3]
HPL has established a pan-India distribution network with 900+ authorised dealers and 45,000+ retailers across India in order to reinforce its brand presence and leverage on the growing potential of India’s electrical equipment industry in metros and Tier I and II cities.
The company plans to increase the retailers to 1,00,000 by March 2025[4]
Revenue Breakup[5]
Metering products contributes 53%, the rest is from Consumer & Industrial 47%.
Orderbook[6]
The company has a strong order book of Rs1500+ cr with meter & systems contributing 82% and the consumer and industrial segment contributing 18% of the current order book.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.