Is Hitachi Energy India Ltd. (POWERINDIA) Halal?

Hitachi Energy India Ltd. (POWERINDIA) is evaluated as Not Halal (Non-compliant) under the AAOIFI standard. Reasons: Impure Revenue: Non-permissible income 3.01% exceeds limit 3.0%.

What is the dividend purification rate for POWERINDIA?

The non-permissible dividend purification factor for Hitachi Energy India Ltd. is 3.01%.

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POWERINDIA

NSECapital GoodsCap: ₹1.21L Cr

Hitachi Energy India Ltd.

+47.34%YTD

AAOIFI MSCI DJIM BSE_TASIS

Non-Compliant (Not Permissible)

Evaluated using BSE_TASIS criteria

Reasons for Non-Compliance:

Impure Revenue: Non-permissible income 3.01% exceeds limit 3.0%.

Market Fundamentals

Live NSE/BSE

Market Cap

₹1.21L Cr

P/E Ratio

105.5x

P/B Ratio

23.4x

52W High

₹38,785

52W Low

₹16,111

Div. Yield

3.00%

Shares O/S

4.46 Cr

Where Does the Money Come From?

Revenue breakdown for Hitachi Energy India Ltd.

Core Capital Goods OperationsPermissible Operating Activity

Permissible: Core operations in Capital Goods.

97.0%of Total Revenue

Treasury Interest & Secondary Non-Operating IncomeImpure Interest Income (Riba)

Non-operating interest income earned from cash and fixed deposits. Requires purification.

3.0%of Total Revenue

About Hitachi Energy India Ltd.

Permissible: Core operations in Capital Goods.

Interest-Bearing Debt Ratio

0.71%Max: ≤ 33.0%

Cash & Securities Liquidity

23.74%Max: ≤ 33.0%

Impure Revenue Ratio

3.01%Max: ≤ 5.0%

Screening Denominator

Total Assets

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HalalPurification: 1.21%

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HalalPurification: 0.8%

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HalalPurification: 0.33%

Purification & Zakat Calculator

Calculate how much to donate for POWERINDIA

⚠️ Note: POWERINDIA is not Halal. The right step is to sell this stock, not just purify the dividends. Keeping a non-compliant investment is not resolved by Sadaqah.