Analyst assigns 'Hold' rating on Hitachi Energy India
pre-market1 source ↓written by the desknot a recommendation
- in HVDC technology
- ₹434 billion market
- opportunity
- ₹1 trillion energy transition
- from FY25
- 34.3% CAGR
- tax growth
- 67.5% CAGR
- margin expansion
- 712 basis points
Prabhudas Lilladher has initiated coverage on Hitachi Energy India with a 'Hold' rating, citing high valuation concerns despite strong growth potential. The company is expected to benefit from a projected ₹434 billion market in HVDC technology and a broader ₹1 trillion energy transition opportunity.
Key forecasts include:
• Revenue growth at 34.3% CAGR from FY25 to FY28
• Adjusted profit after tax growth at 67.5% CAGR
• EBITDA margin expansion by 712 basis points
The cautious rating reflects the stock's current pricing against its growth prospects.
Not investment advice. For informational purposes only.