Summary
HPL Electric & Power Limited is a well-established player in the electric equipment industry. The company offers a comprehensive product portfolio spread across four verticals - metering, switchgear, lighting, and wires & cables, catering to the industrial, commercial and household demand for electrical equipment. Enjoying a leadership position in energy meters and in on-load changeover switchgear, HPL holds 20% and 50% market share respectively in these segments. Over the years, HPL has emerged as the 5th largest manufacturer in the LED lighting sector in India. The company has a strong distribution network of over 27,000 retailers and over 2,000 dealers and distributors spread across the country.The company has seven manufacturing units, equipped with state-of-the-art machineries, spread across the two states of Haryana and Himachal Pradesh. Approved by the Department of Scientific & Industrial Research and Ministry of Science & Technology, the company also has two state-of-the-art Research and Development (R&D) centres located at Kundli and Gurgaon. During the financial year ended 31 March 2017, HPL Electric & Powers investment in the Debentures subscribed in Himachal Energy Private Limited was converted into equity shares. Post conversion of 1,50,00,000 debentures held by the company in Himachal Energy Private Limited, the company now hold 97.15% of the total equity share capital of Himachal Energy Private Limited. Accordingly, Himachal Energy Private Limited became... Read More
Reports by HPL Electric & Power Ltd
Reports by HPL Electric & Power Ltd