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HPL Electric & Power Ltd
NSE: HPL BSE: 540136
₹340.80
(1.03%)
Wed, 29 Jul 2026, 03:33 am
Market Cap (in Cr)2215.47
PE Ratio24.08
Dividend0.29
Electronic Technology
Electronic Equipment/Instruments
24.5KCompany History
1991
- A joint venture agreement was signed between Socomec and Havells Electronics Private Limited.
1992
- The company was incorporated as HPL-Socomec Private Limited.
- The company was formed pursuant to a joint venture agreement between Socomec and Havells Electronics Private Limited.
1998
- The company commenced production of electronic/static energy meters at the Gurgaon Facility I.
2008
- The company acquired the lighting equipment business through the HPTL Scheme of Amalgamation.
- The company commenced production and manufacture of lighting equipment at the Sonepat Facility.
2010
- The company changed its name from HPL-Socomec Private Limited to HPL Electric & Power Private Limited.
- The company commenced production and manufacture of meters at the Gurgaon Facility II.
2011
- The company commenced production and manufacture of switchgears at the Kundli Facility.
2014
- The company commenced production of wires and cables at the Gharaunda Facility.
2015
- The company was converted into a public limited company.
- The company commenced manufacture of LED products.
- The promoter and promoter group acquired the entire shareholding of Socomec in the company.
2016
- The company acquired Himachal Energy upon conversion of 15,000,000 optionally convertible debentures.
- Himachal Energy became a 97.15% owned subsidiary of the company.
- HPL Electric & Power won orders over Rs 100 crores.
- HUIL bagged its first HTLS INVAR make order from PGCIL.
2017
- HUIL supplied its 1st HTLS-INVAR order from PGCIL.
2018
- HPL Electric & Power Ltd. provided Smart Lighting solutions for Bhopal Smart City Project.
- Hindusthan Urban Infrastructure Ltd participated in Elecrama 2018.
2021
- HPL Electric & Power Ltd. bagged orders worth over Rs 372 Cr for Consumer Electrical Products.
2024
- The company launched a new product HPL Fans.