HPL
OVERVALUEDHPL Electric & Power Limited
Oil & Gas · NSE
↓ 53.0% vs fair value
52W Low
₹256
+16.2% from low
52W High
₹640
-53.6% from high
Valuation Gauge
Current Price
₹297
Fair Value
₹194
Fair Value Analysis
₹194
Based on free cash flow projections and balance sheet strength analysis and earnings multiple (EV/EBITDA) for Oil & Gas sector companies | ROCE improving (latest 16.4%) — capital allocation becoming more efficient. | COVID-resilient: PAT dropped from ₹33Cr (FY2019) to ₹8Cr (FY2022) during COVID but has fully recovered.
Cash Flow Analysis
40% weight
Balance Sheet Value
20% weight
EV/EBITDA Multiple
40% weight
Price vs Market
Shareholding Pattern
Stock Health Score
Solid Fundamentals
Profitability
ROE of 6.5% is acceptable for Oil & Gas sector (benchmark: 10%)
Debt & Leverage
D/E ratio of 0.8x is well within the Oil & Gas sector norm of 1.5x — strong balance sheet
Valuation vs Peers
P/E of 30.9x is 3.8x the Oil & Gas sector median of 8x — expensive
Cash Flow
FCF margin of 3.5% — thin cash generation, watch capex trends
Earnings Growth
5yr EPS CAGR of 129.3% is well above the Oil & Gas sector average of 14.6% — strong growth
Dividend
Dividend yield of 0.3% is symbolic — low but positive
Sentiment Trend — Last 30 Days
Historical Returns
Key Ratios & Growth
FCF Yield
3.4%
Free cash flow / market cap
Revenue Growth (YoY)
+5.9%
Year-on-year revenue change
Profit Growth (YoY)
-21.4%
Year-on-year PAT change
Operating Cash Flow
₹138 Cr
TTM cash from operations
Key Financials
EPS (TTM)
₹9.7
P/E Ratio
30.9x
P/B Ratio
2.1x
ROE
6.5%
ROCE
20.8%
Debt / Equity
0.77x
Beta
0.45
Div Yield
0.3%
FCF (Cr)
₹59 Cr
Revenue (Cr)
₹1,700 Cr
EPS Growth 5Y
129.3%
Mkt Cap (Cr)
₹1,913 Cr
52W High
₹639.9
52W Low
₹255.6
Book Value/Share
₹144.2
Financial History
| Period | Revenue | Op Profit | OPM% | PAT | EPS |
|---|---|---|---|---|---|
| TTM | ₹1.8K Cr | ₹278 Cr | 16.0% | ₹98 Cr | ₹15.13 |
| 2025-03-31 | ₹1.7K Cr | ₹255 Cr | 15.0% | ₹94 Cr | ₹14.58 |
| 2024-03-31 | ₹1.5K Cr | ₹193 Cr | 13.0% | ₹44 Cr | ₹6.77 |
| 2023-03-31 | ₹1.3K Cr | ₹157 Cr | 12.0% | ₹30 Cr | ₹4.69 |
| 2022-03-31 | ₹1.0K Cr | ₹125 Cr | 12.0% | ₹8 Cr | ₹1.21 |
| 2021-03-31 | ₹875 Cr | ₹119 Cr | 14.0% | ₹10 Cr | ₹1.55 |
| 2020-03-31 | ₹977 Cr | ₹126 Cr | 13.0% | ₹22 Cr | ₹3.39 |
| 2019-03-31 | ₹1.2K Cr | ₹134 Cr | 12.0% | ₹33 Cr | ₹5.06 |
| 2018-03-31 | ₹1.0K Cr | ₹110 Cr | 11.0% | ₹28 Cr | ₹4.27 |
| 2017-03-31 | ₹986 Cr | ₹124 Cr | 13.0% | ₹26 Cr | ₹4.01 |
| 2016-03-31 | ₹1.1K Cr | ₹141 Cr | 13.0% | ₹37 Cr | ₹7.89 |
| 2015-03-31 | ₹1.0K Cr | ₹125 Cr | 12.0% | ₹35 Cr | ₹18.64 |
| 2014-03-31 | ₹1.0K Cr | ₹105 Cr | 10.0% | ₹28 Cr | ₹15.28 |
Compounded Growth Rates
Sales Growth
Profit Growth
EPS Growth
Peer Comparison
Oil & Gas| Stock | Price | Fair Value | MoS% | P/E | ROE | Signal |
|---|---|---|---|---|---|---|
Gulf Oil Lubricants India Limited | ₹891 | ₹1,626.9 | +45.2% | 12.7 | 21.1% | UNDERVALUED |
GP Petroleums Limited | ₹28.7 | ₹44.1 | +35.0% | 5.4 | 7.4% | UNDERVALUED |
Magadh Sugar & Energy Limited | ₹493 | ₹640.5 | +23.0% | 8 | 13.9% | UNDERVALUED |
Oil and Natural Gas Corporation | ₹281.4 | ₹330.7 | +14.9% | 9.5 | 12.2% | FAIRLY_VALUED |
Avadh Sugar & Energy Limited | ₹499 | ₹534.5 | +6.6% | 12.8 | 8.0% | FAIRLY_VALUED |
GAIL India | ₹143.4 | ₹146.9 | +2.3% | 10.9 | 9.8% | FAIRLY_VALUED |
Hindustan Petroleum Corporation Limited | ₹328.9 | ₹333.1 | +1.3% | 4.5 | 12.3% | FAIRLY_VALUED |
Mahanagar Gas | ₹966.6 | ₹849.5 | -13.8% | 9.9 | 17.0% | FAIRLY_VALUED |
Institutional Activity
Bulk deals, block deals, short selling & delivery volume — NSE data
Insider Trading
Community Pulse
Company Documents
Annual reports, concall transcripts & regulatory filings
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