Rattibha

In this Detailed Thread 🧵 I'll look to Analyse 'HPL ELECTRIC & POWER'⚡⚡ Business, Fundamentals, Financials, Technicals, Management, Order Book, Growth Potential💹, Industry Trigger, Valuation Metrics♎⚖️, Competitors, Risk Factor, Peers Comparison etc.
#HPLELECTRIC

Each and every neeche details about HPL Electric ⚡⚡ will be covered in this Detailed Thread
☑️ABOUT THE COMPANY
🏅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.
🏅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.

☑️Market Share
🏅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 the 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, Jubli, Kundli & Gahraunda with end-to-end capabilities.
🏅Its well organised supply chain is supported by 21 warehouses across

India.
🏅Its manufacturing process is supported by 2 R&D facilities in Gurugram & Kundli with more than 100 engineers
☑️Established Distribution Network
🏅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
☑️Revenue Breakup
🏅Metering products contributes

53%, the rest is from Consumer & Industrial 47%.
☑️Order Books
🏅The company has a strong order book of Rs 1500+ cr with meter & systems contributing 82% and the consumer and industrial segment contributing 18% of the current order book.

☑️Product Mix
🏅METERS SEGMENT
💫INDUSTRIAL APPLICATION
(Digital Panel Meters, Digital Energy Meter, Multi Function Meter, Load Manager & Demand Controller, Din Rail Meter, Power Factor Control & Regulators)
💫Domestic & Commercial Application
(1PH Direct Connection/LCD

Meters 3P Direct Connection Counter/LCD Meters, Trivector Meters, Dual Source Projection Meters, Long Range Integrated Meter, Import Export- Net Meter, Meter Cover Boxes)
💫Metering Solutions
(IR & IRDA Meters, LPR Metering Solution, Data Acquisition & Billing, Solution,

Prepaid Metering Solution, Smart Metering Solution, Group Metering)

🏅MODULAR SWITCHES
💫SMART MODULAR SWITCHES
(Switches, Socket, Communication Socket, Regulators & Dimmers, Support Modules, Hotel & Hospitality Range, Speciality Product, Plates, Boxes)

🏅MODULAR SWITCHES

💫SMART MODULAR SWITCHES

(Switches, Socket, Communication Socket, Regulators &amp...

💫ELMO SWITCHES
(Switches, Socket, Communication Socket, Regulator & Dimmers, Support Modules, Plates, Boxes)
💫SMARTER ACCESSORIES
(cordless chimes, Extension cords, Holders & Celling Rose, International Adapters, Plug & Multi Plug, Special Products, Spike Guard & Power Strip

Wire Door Bells, Video Door Phone)
💫TUFF SOLO SWITCHES
(Switches, Sockets, Fan Regulator & Dimmers, Support Products, Connectors, Power Socket Combination)

🏅SWITCHGEAR
💫INDUSTRIAL PRODUCT
(Air Circuit Breaker, MCCB, Changeover Switch, Control Gear, Fusegear, Isolator)
💫DOMESTIC PRODUCT
(Premium Range(Osafe), MCB's, Distribution Board, RCCB, Isolator, MCB Changeover, ACCL 1 phase & 3 phase, Oprotect)

🏅WIRES AND CABLES
⚡DOMESTIC & INDUSTRIAL WIRE
⚡DATA NETWORKING & TRANSMISSION CABLE
⚡SPECIAL CONTROL INSTRUMENTAL CABLE
⚡SPECIALITY CABLE

🏅LIGHTING
⚡CONSUMER
(Downlighters, LED Battens, LED Lamp, LED Panel, Home Decor)
⚡Commercial
(Architectural Light, Downlights & Panels, LED Battens, LED Spotlights, Retail Lighting, Retrofit Solutions T8, T5, PLL Lamps)