Hitachi Energy India Ltd has registered its highest-ever order backlog of over Rs.32,000 crore, as of June 30, 2026.
In a release, the company said that its unexecuted order backlog, as of June 30, 2026, at Rs.32,222 crore, was the highest ever, and provided revenue visibility for several quarters.
The company’s new order intake in Q1FY27 (April 1, 2026 to June 30, 2026), was Rs.5096.5 crore as against Rs.11,339.2 crore in Q1FY26.
Excluding HVDC orders, which are generally one-off in nature, the order inflow in Q1FY27 was 26.1 per cent higher, year on year.
The Q1FY27 order inflow was led by orders for HVDC, grid connection solutions, power quality equipment, and transformers. Whereas data centers contributed significantly, followed by industries and renewables, in terms of segment-wise order breakup, the release said.
The company’s first BESS order of 165 MW / 330 MWh BESS project in Andhra Pradesh is a major milestone. It reinforces customer trust and unlocks significant growth opportunities in the energy stor-age segment. “With the government focused on capacity expansion and optimization for assimilation of power into the grid, we expect the growth momentum in the energy storage segment to continue,” the company said.
The export segment continued to grow in Q1FY27, accounting for 33.6 per cent of total orders (without HVDC) booked for the quarter. The company received export orders from Europe, North America, and South Asia for grid integration and power quality products. Service orders came from the utilities, discoms, industry, and transport for the bay extension, switchyard commissioning, maintenance, and lifecycle services, among others.
Strong market momentum
Commenting on the quarterly results, N Venu, Managing Director & CEO, Hitachi Energy India Ltd, said, “Q1FY27 indicates excellent overall performance, resulting in robust order and revenue growth. It reflects strong market momentum, driven by a surge in opportunities stemming from the energy transition & security across the country and globally. At Hitachi Energy India Limited, we preempted this surge and laid out a long-term strategy across all our businesses to best address the surge in these opportunities, in this electricity era.
Q1FY27 demonstrates our continuous focus on enhancing operational efficiency, which aided the strong execution of our order book. To strengthen our execution capabilities and to create a more robust supply chain in the market, we began the construction of Hitachi Energy India Ltd.’s 20th manufacturing unit at Karjan, Vadodara, in June 2026. It reflects our commitment to our nation’s energy security and the vision of ‘Make in India’.”
Transformer factory
It may be recalled that on June 12, 2026, Hitachi Energy India performed the groundbreaking ceremony for a power transformer factory, at Karjan, in Vadodara district, Gujarat. This facility, which will be Hitachi Energy India’s 20th manufacturing facility in India, is likely to be commissioned by December 2028, with a total investment of Rs.4,000 crore.
Featured photograph (source: Hitachi Energy India Ltd) is for representation only