HPL Electric & Power (NSE:HPL) Inventory Turnover: 0.45 (As of Mar. 2026)


NSE:HPL HPL Electric & Power Ltd NSE:HPL
79 GF Score
Price ₹338.45
GF Value ₹467.41
Valuation Modestly Undervalued
! 3 Warning Signs
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What is HPL Electric & Power Inventory Turnover?

HPL Electric & Power NSE:HPL -1.70% 79 Inventory Turnover is 0.45 as of Mar. 2026. GuruFocus rates NSE:HPL with a GF Score™ of 79/100 and a GF Value™ of ₹467.41 (Modestly Undervalued). The stock has 3 warning signs investors should review.

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. HPL Electric & Power's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹3,344 Mil. HPL Electric & Power's Average Total Inventories for the quarter that ended in Mar. 2026 was ₹7,485 Mil. HPL Electric & Power's Inventory Turnover for the quarter that ended in Mar. 2026 was 0.45.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. HPL Electric & Power's Days Inventory for the three months ended in Mar. 2026 was 204.24.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. HPL Electric & Power's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 1.44.

HPL Electric & Power  (NSE:HPL) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

HPL Electric & Power's Days Inventory for the three months ended in Mar. 2026 is calculated as:

Days Inventory =Average Total Inventories (Q: Mar. 2026 )/Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=7485.09/3344.209*365 / 4
=204.24

2. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

HPL Electric & Power's Inventory to Revenue for the quarter that ended in Mar. 2026 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=7485.09 / 5197.032
=1.44

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Be Aware

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

HPL Electric & Power Inventory Turnover Related Terms

HPL Electric & Power Inventory Turnover Historical Data

* Premium members only.

The historical data trend for HPL Electric & Power's Inventory Turnover can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

HPL Electric & Power Inventory Turnover Chart

HPL Electric & Power Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.37 1.70 1.81 1.74 1.60

HPL Electric & Power Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Inventory Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.46 0.34 0.38 0.42 0.45
NSE:HPL
79GF Score
HPL Electric & Power Ltd NSE:HPL
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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HPL Electric & Power Inventory Turnover Calculation

HPL Electric & Power's Inventory Turnover for the fiscal year that ended in Mar. 2026 is calculated as

Inventory Turnover (A: Mar. 2026 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Mar. 2026 ) / ((Total Inventories (A: Mar. 2025 ) + Total Inventories (A: Mar. 2026 )) / count )
=11590.08 / ((6966.696 + 7485.09) / 2 )
=11590.08 / 7225.893
=1.60

HPL Electric & Power's Inventory Turnover for the quarter that ended in Mar. 2026 is calculated as

Inventory Turnover (Q: Mar. 2026 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Mar. 2026 ) / ((Total Inventories (Q: Dec. 2025 ) + Total Inventories (Q: Mar. 2026 )) / count )
=3344.209 / ((0 + 7485.09) / 1 )
=3344.209 / 7485.09
=0.45

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Inventory Turnover →
What does a Inventory Turnover of 0.45 mean?
HPL Electric & Power (NSE:HPL) has a Inventory Turnover of 0.45 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on HPL Electric & Power and its competitors.
Is HPL Electric & Power's Inventory Turnover too high?
HPL Electric & Power's current Inventory Turnover is 0.45. Overall, HPL Electric & Power has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does HPL Electric & Power's Inventory Turnover compare to VRT and BE?
HPL Electric & Power's Inventory Turnover of 0.45 can be compared against companies in the Industrial Products industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Inventory Turnover for an Industrial Products company?
A good Inventory Turnover depends on the Industrial Products industry context. However, Inventory Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Inventory Turnover mean?
A high Inventory Turnover can signal that a stock is expensive relative to its fundamentals. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on HPL Electric & Power and its competitors. HPL Electric & Power's current Inventory Turnover is 0.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HPL Electric & Power stock overvalued right now?
Based on GuruFocus' analysis, HPL Electric & Power (NSE:HPL) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹467.41, compared to a current price of ₹338.45 — trading 27.6% below its estimated fair value. The current Inventory Turnover is 0.45. HPL Electric & Power's overall GF Score™ is 79/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Inventory Turnover calculated?
Inventory Turnover is calculated from a company's financial statements. For HPL Electric & Power (NSE:HPL), the current Inventory Turnover is 0.45 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is HPL Electric & Power (NSE:HPL) Overvalued in 2026?

Based on GuruFocus' analysis, HPL Electric & Power stock appears to be undervalued. The current stock price of ₹338.45 is trading 27.6% below its estimated GF Value™ of ₹467.41. GuruFocus considers HPL Electric & Power to be Modestly Undervalued.

Key valuation signals for NSE:HPL:

  • Inventory Turnover: 0.45
  • GF Value™: ₹467.41 vs. price of ₹338.45 (27.6% below fair value)
  • GF Score™: 79/100 with 3 warning signs

No single metric tells the full story. See the NSE:HPL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

HPL Electric & Power Business Description

Other Exchanges 540136:India
Address 76-B, Phase-IV, HSIIDC Industrial Estate, Sector-57, Kundli, Sonipat, UP, IND, 131028
HPL Electric & Power Ltd is an Indian company engaged in manufacturing electric equipment across the key verticals: Metering, Switchgear, Lighting and Electronics, and Cables. The company operates in two segments: Metering, systems & services, and Consumer, Industrial & services. It derives key revenue from the Metering, Systems & Services segment. The product portfolio includes digital panel meters, smart Meters, Net Meters for Solar Rooftops, Prepaid Metering Solutions, Ebrit Digital Panel Meters, cordless chimes, and Trivector Meters. Geographically, the majority of its revenue is generated in India.
79GF Score

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Inventory Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹338.45
Price
₹467.41
GF Value