HPL Electric & Power (NSE:HPL) Market Cap: ₹23,164 Mil (As of Jul. 03, 2026)


NSE:HPL HPL Electric & Power Ltd NSE:HPL
79 GF Score
Price ₹360.25
GF Value ₹466.26
Valuation Modestly Undervalued
! 3 Warning Signs
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What is HPL Electric & Power Market Cap?

HPL Electric & Power NSE:HPL +0.36% 79 Market Cap is ₹23,164 Mil as of Jul. 03, 2026. GuruFocus rates NSE:HPL with a GF Score™ of 79/100 and a GF Value™ of ₹466.26 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 3,097 Industrial Products companies, HPL Electric & Power ranks worse than 52.66% on this metric.

Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). HPL Electric & Power's share price for the quarter that ended in Mar. 2026 was ₹257.1. HPL Electric & Power's Shares Outstanding (EOP) for the quarter that ended in Mar. 2026 was 64 Mil. Therefore, HPL Electric & Power's market cap for the quarter that ended in Mar. 2026 was ₹16,532 Mil.

HPL Electric & Power's quarterly market cap declined from Sep. 2025 (₹29,330 Mil) to Dec. 2025 (₹26,202 Mil) and declined from Dec. 2025 (₹26,202 Mil) to Mar. 2026 (₹16,532 Mil).

HPL Electric & Power's annual market cap increased from Mar. 2024 (₹20,351 Mil) to Mar. 2025 (₹26,553 Mil) but then declined from Mar. 2025 (₹26,553 Mil) to Mar. 2026 (₹16,532 Mil).

Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. HPL Electric & Power's Enterprise Value for Today is ₹29,567 Mil.


HPL Electric & Power  (NSE:HPL) Market Cap Explanation

Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the company’s debt. The real price you pay is the Enterprise Value.

Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.


HPL Electric & Power Market Cap Related Terms


HPL Electric & Power Market Cap Historical Data

* Premium members only.

The historical data trend for HPL Electric & Power's Market Cap 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 Market Cap Chart

HPL Electric & Power Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Market Cap
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4,115.20 5,449.43 20,350.95 26,552.69 16,531.53

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
Market Cap 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 26,552.69 36,560.98 29,330.45 26,202.25 16,531.53

NSE:HPL vs VRT, BE: Market Cap Comparison

For the Electrical Equipment & Parts subindustry, HPL Electric & Power's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


HPL Electric & Power Market Cap vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, HPL Electric & Power's Market Cap distribution charts can be found below:

* The bar in red indicates where HPL Electric & Power's Market Cap falls into.


NSE:HPL
79GF Score
HPL Electric & Power Ltd NSE:HPL
Market Cap is just one metric. See GF Score™, valuation, warning signs, and more.
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HPL Electric & Power Market Cap Calculation

Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.

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

Market Cap (A: Mar. 2026 )=Share Price (A: Mar. 2026 )*Shares Outstanding (EOP) (A: Mar. 2026 )
=₹257.1*64.300
=₹16,532

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

Market Cap (Q: Mar. 2026 )=Share Price (Q: Mar. 2026 )*Shares Outstanding (EOP) (Q: Mar. 2026 )
=₹257.1*64.300
=₹16,532

* 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 Market Cap →
What does a Market Cap of ₹23,164 Mil mean?
HPL Electric & Power (NSE:HPL) has a Market Cap of ₹23,164 Mil as of Jul. 03, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on HPL Electric & Power and its competitors. According to the industry distribution chart, HPL Electric & Power ranks #1631 out of 3097 companies in the Industrial Products industry, placing it in the top 52.7%.
Is HPL Electric & Power's Market Cap too high?
HPL Electric & Power's current Market Cap is ₹23,164 Mil. Based on the distribution chart, HPL Electric & Power ranks #1631 out of 3097 companies in the Industrial Products industry, which is below the industry midpoint. 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 Market Cap compare to VRT and BE?
According to the Industrial Products industry distribution chart, HPL Electric & Power ranks #1631 out of 3097 companies for Market Cap. This places HPL Electric & Power in the lower half of its industry. The industry median Market Cap is 284.83. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Market Cap for an Industrial Products company?
The median Market Cap among Industrial Products companies is 284.83, based on 3,097 companies in the industry. Companies in the top quartile (top 25%) have a Market Cap significantly above this median, while those in the bottom quartile fall well below. However, Market Cap 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 Market Cap mean?
A high Market Cap can signal that a stock is expensive relative to its fundamentals. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on HPL Electric & Power and its competitors. For the Industrial Products industry, the median Market Cap is 284.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HPL Electric & Power's current Market Cap is ₹23,164 Mil. 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 ₹466.26, compared to a current price of ₹360.25 — trading 22.7% below its estimated fair value. The current Market Cap is ₹23,164 Mil. 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 Market Cap calculated?
Market Cap is calculated from a company's financial statements. For HPL Electric & Power (NSE:HPL), the current Market Cap is ₹23,164 Mil as of Jul. 03, 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 ₹360.25 is trading 22.7% below its estimated GF Value™ of ₹466.26. GuruFocus considers HPL Electric & Power to be Modestly Undervalued.

Key valuation signals for NSE:HPL:

  • Market Cap: ₹23,164 Mil
  • GF Value™: ₹466.26 vs. price of ₹360.25 (22.7% 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

Get the complete analysis for NSE:HPL

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

₹360.25
Price
₹466.26
GF Value