Hitachi Energy India Limited
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Key numbers — 40 extracted
rs,
50%
100%
76%
25%
18%
69%
30%
95%
5.8%
9%
11%
Guidance — 3 items
Health Sessions and Initiatives
opening
“Zero harm - zero fatalities and serious injuries Increase female diversity from 5.8% to 16-18% for HE ecosystem in India Zero incidents of corruption and bribery Committed to zero harm and zero fatalities Diversity 9% at the end of FY24, and currently gender diversity improved to 11% Committed to zero incidents of integrity Fresh water usage reduction lower than target in FY’24 because of 1.”
Health Sessions and Initiatives
opening
“Non- utilization of STP treated water in Maneja due to topographical issues *IREC: International Renewable Energy Certificate 4 Current Status Performance Better than Target Behind Target Economy growing steady, sectors also progressing HITACHI Economic highlights Investment reflect growth for the sectors • World Bank upgraded its growth outlook1 for India to 6.5% for FY26, from 6.3%, citing stronger Renewables domestic conditions and the impact of the GST rate cuts.”
Health Sessions and Initiatives
opening
“• In Q1 FY26, World Bank2 rated India’s GDP growth Transmission of 7.8% as “Exceeding expectation” • India has simplified the GST3 tax regimes to a 5% and 18% slabs from the earlier 12% and 28% slabs Industry • In Aug 25, India’s merchandise trade deficit4 narrowed slightly to $26.5 billion, supported by Data Center stronger exports of non-petroleum goods, jewellery, and electronics.”
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Risks & concerns — 1 flagged
Non- utilization of STP treated water in Maneja due to topographical issues *IREC: International Renewable Energy Certificate 4 Current Status Performance Better than Target Behind Target Economy growing steady, sectors also progressing HITACHI Economic highlights Investment reflect growth for the sectors • World Bank upgraded its growth outlook1 for India to 6.5% for FY26, from 6.3%, citing stronger Renewables domestic conditions and the impact of the GST rate cuts.
— Health Sessions and Initiatives
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Opening remarks
Registered and Corporate Office
8th Floor, Brigade Opus, 70/401, Kodigehalli Main Road, Bengaluru - 560 092 Email ID: investors@hitachienergy.com Phone: 080 68473700 CIN: L31904KA2019PLC121597 hitachienergy.com/in Hitachi Energy India Ltd. Q2 FY25-26 – Analyst conference call N Venu, Managing Director & CEO 07th Nov 2025 Important Notices HITACHI This presentation includes forward-looking information and statements including statements concerning the outlook for our businesses. These statements are based on current expectations, estimates and projections about the factors that may affect our future performance, including global economic conditions, and the economic conditions of the regions, countries and industries that are major markets for Hitachi Energy India Limited (“Hitachi Energy India”). These expectations, estimates and projections are generally identifiable by statements containing words such as “expects,” “believes,” “estimates,” “targets,” “plans,” “outlook” or similar expressions. There are numerous ris
Health Sessions and Initiatives
• Office Ergonomics • First and Basic life support • Emergency Preparedness • Cancer and Lever Screening • Occupational and Mental Health sessions • KYAN Care analysis of employee health ESG targets FY25 and action plan Focus Segments Emission Renewable Electricity Planet Water Waste Safety People Diversity Principle Corruption HITACHI Targets 2030 (base year 2019) 50% reduction in CO2 emissions along the value chain 100% renewable electricity in operations Targets FY’25 and actions Keep CO2 emissions below 50% from 2019 level, currently 76% reduction projected for FY25 100% renewable achieved already and to be maintained in FY25, green power sourcing done (PPA+ IREC*) 25% reduction in freshwater use With 18% reduction in FY24, working to reduce to 25%+ in FY25 50% reduction in waste disposed to landfill or incineration 69% reduction achieved in FY24, target to reduce further in FY25, landfill waste reduced by ~30% vs FY’24 and >95% waste produced has been processed for recycling. Zero
Ambuja Cement
220/33 kV AIS package at New Essel Rajasthan Adani Connex: 220 kV GIS S/S commissioning for a data center in Pune
Tata Power Renewables
220 kV AIS S/S installation for 200 MW wind power evacuation HITACHI Design engineering, Design, engineering, Design, engineering, Design, engineering, manufacturing and testing at manufacturing, assembly and procurement, supply, manufacturing, assembly and works. Packaging, loading testing at manufacturer's construction, installation, testing at manufacturer’s and transportation, supply work, BIM modelling work, testing & commissioning for work, packing & and erection of 220kV Sub- packing & 150 MW EBOS Solar Plant forwarding/dispatch, supply Station forwarding/dispatch, supply at Village -Nadsar of material/ equipment’s, of material/ equipment transportation 7 Purpose in action: advancing sustainable energy across stakeholder HITACHI Powering India’s energy transition Power Transformer factory achieves NABL re-accreditation
Leading with purpose
Impact across society Industry leadership conversations Energy and Digital World (EDW) 2025 connected industry leaders and customers across three pivotal cities— Chittorgarh, Bengaluru, and Jharsuguda—to collaborate on accelerating India's sustainable energy transition. Hitachi Energy's Power Transformer Factory successfully completed NABL – ISO/IEC 17025:2017 re- accreditation in August 2025, demonstrating commitment to quality, technical excellence, and continuous improvement through robust process controls and eco-conscious practices. >1,350 students gain from solar-powered smart classrooms, library facilities. 100% employment of Women in Engineering first batch graduates White papers on climate transition & resource efficiency at CII Karnataka ESG Summit 2025; Doddaballapur plant recognized for sustainable practices. CIGRE NSC B5 Workshop: Grid protection and fault location technologies. NIT Patna Faculty Development Program: AI applications in power
IEEE PES Kerala Chapter
Protection challenges and opportunities in inverter-rich power networks. Driving digital innovation in India's Power Sector through IES and IEC engagement. 8 Sharp growth in renewables and railways, steady growth in industries HITACHI Key Segments YoY Growth Segment Transmission -43%* Industries 10% Data Centre -51% Railway and Metro Renewables (Wind & Solar) 61% 40% 9 Order Mix 24% 19% - Projects 12% 7% - - Services 74% 64% Products Sector 59% 52% 24% 22% 23% 19% • Transport & Infra Utilities Industries Channel 60% 62% II -- •• OEM DEU 23% 25% EPC 11% 11% 4% 3% - - DIS ■ Q2 FY25 ■ Q2 FY26 ■ Q2 FY25 ■ Q2 FY26 Q2 FY’25 ■ Q2 FY25 Q2 FY’24 ■ Q2 FY26 Exports, service: Levers of growth HITACHI Diverse geographies and industries help sustain exports momentum Service drives lifecycle engagement with customers • • • 114 Nos IMB 800kV CTs to Canadian utilities 12 Nos 800 kV Breakers to Ukrainian utilities 17 Nos. 245kV PASS and 8 Nos. 145kV PASS to Thailand • 132 KV AIS package to Babek, Azerba
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