Page 53 - Hitachi IR 2025

Key financial highlights, FY 2024‑25
The Company reported its highest-ever yearly order
intake of ` 18,173.8 Crores in FY 2024‑25, with a
year‑on-year growth of 228.3%. This was achieved
on the back of the large HVDC order received
to transmit renewable energy over a distance of
1,200 kms from Khavda in Gujarat to Nagpur in
Maharashtra. The order intake provided future
revenue visibility.
Raising funds through QIP
In FY 2024-25, the Company successfully raised
` 2,520.82 Crores through a Qualified Institutional
Placement (QIP), reflecting strong investor
confidence in Hitachi Energy and its pivotal role
in the energy transition. The funds will be used, in
part, to expand capacity and diversify the product
portfolio across large and small power transformers,
dry and traction transformers, HVDC systems,
components, and network control solutions over
the next four years.
Segment-wise order distribution
Orders in the transmission segment increased
in FY 2024-25. Orders from industries
increased 27% year-on-year, while orders
from data centers grew 1.5 fold. Renewable
doubled and with aggressive push for
renewable generation in the country, the
Company expects significant demand from
the segment.
Sectorwise, utilities emerged as the top
segment, whereas on the channel-side,
direct end‑users ranked at the top with HVDC
orders. Whereas on the channel‑side, direct
end‑users emerged at the top. Share of
exports for FY 2024-25 was 37.1% of the
total orders booked for the period excluding
the HVDC order.
Maintaining future growth trajectory
In order to maintain the growth trajectory, the Company continues to reinforce its leadership in the core segments,
including utilities and HVDC. It is also strengthening its presence in segments like data centers and industries.
Furthermore, it is making concerted efforts towards enhancing exports to its overall growth.
Steady operations and
robust financials
Revenue growth
driven by increase in
volume offtake
EBITDA Growth, driven
by increased revenue
and the realization of
economies of scale.
Pursuing value
accretive
growth through
Robust balance
sheet
No debt
Strategic
market positioning
Integrated Annual Report 2024-25
51