HBL Engineering Ltd (HBLENGINE)
₹799.35
Mkt cap
₹22,158 Cr
P/E ratio
27.60
P/B
10.00
Div yield
0.38%
ROE
45.30%
ROCE
59.30%
EPS (TTM)
₹28.96
Book value
₹80
52W range
613–1,122
Sector
Industrials
Price history
Previous close
Incorporated in 1983, HBL Engineering is an Indian research-driven manufacturing company that specializes in developing indigenous, cost-effective technology solutions—such as specialized batteries and railway safety systems—for critical global industries. The company is now expanding its focus toward domestic electric mobility solutions, including high-efficiency motors and drivetrain systems. [1]
NSE HBLENGINEBSE 517271
Health check
Constructive
ValuationFair
ProfitabilityStrong
GrowthModerate
TechnicalsNeutral
52-week range
−28.76% from high₹799
₹613+30.40% from low₹1,122
Current
₹799.35
Prev close
₹815.75
Day
−2.01%
Price performance
1D
−2.42%
1W
+3.40%
1M
−1.52%
3M
+13.83%
6M
−1.84%
1Y
−13.94%
YTD
−14.74%
Financials
Revenue, profit & margin
P/E ratio
27.6×
HBLENGINE is 13% above the sector median of 24.5×
HBLENGINE27.6×
Sector median24.5×
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Trend | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 467 | 557 | 599 | 610 | 520 | 521 | 451 | 476 | 602 | 1,223 | 874 | 604 | 638 | |
| Expenses | 390 | 456 | 486 | 479 | 410 | 412 | 357 | 396 | 410 | 679 | 572 | 529 | 491 | |
| Operating Profit | 78 | 101 | 113 | 131 | 110 | 109 | 94 | 79 | 192 | 544 | 302 | 75 | 147 | |
| OPM % | 17% | 18% | 19% | 22% | 21% | 21% | 21% | 17% | 32% | 44% | 35% | 12% | 23% | |
| Other Income | 3 | 3 | 2 | -19 | 5 | 12 | 2 | 6 | 17 | -8 | 10 | 10 | 21 | |
| Interest | 2 | 3 | 3 | 4 | 2 | 3 | 5 | 4 | 6 | 3 | 3 | 2 | 5 | |
| Depreciation | 10 | 10 | 11 | 11 | 11 | 11 | 11 | 11 | 12 | 12 | 12 | 15 | 12 | |
| Profit before tax | 69 | 91 | 102 | 98 | 103 | 107 | 79 | 71 | 191 | 520 | 297 | 67 | 149 | |
| Tax % | 25% | 26% | 23% | 33% | 26% | 29% | 26% | 26% | 26% | 26% | 27% | 18% | 26% | |
| Net Profit | 52 | 68 | 79 | 81 | 80 | 87 | 65 | 45 | 143 | 387 | 220 | 64 | 109 | |
| EPS in Rs | 1.87 | 2.48 | 2.85 | 2.94 | 2.89 | 3.15 | 2.33 | 1.62 | 5.17 | 13.97 | 7.96 | 2.30 | 3.94 | |
| Raw PDF |
Earnings
Results dates & reactionsNext results
7 Nov '26
Fresh quarters land in the Financials table above, tagged NSE until screener catches up.
Avg earnings-day move −0.25% · closed higher next day 22 of last 59
| Q1FY24 | Q2FY24 | Q3FY24 | Q4FY24 | Q1FY25 | Q2FY25 | Q3FY25 | Q4FY25 | Q1FY26 | Q2FY26 | Q3FY26 | Q4FY26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Broadcast | 11 Aug '23 | 4 Nov '23◦ | 7 Feb '24 | 27 May '24 | 8 Aug '24◦ | 9 Nov '24◦ | 10 Feb '25◦ | 25 May '25◦ | 9 Aug '25◦ | 8 Nov '25◦ | 7 Feb '26◦ | 24 May '26◦ |
| Earnings day | +1.48% | +7.27% | +2.78% | +2.78% | +2.63% | −3.25% | −8.85% | −3.62% | +14.03% | +12.21% | −1.45% | −2.06% |
| +1 day | +5.84% | +7.73% | +10.41% | −0.73% | +1.96% | −0.06% | −4.03% | −2.10% | +15.37% | +1.53% | −0.56% | +3.20% |
| +5 days | +18.64% | +13.07% | +2.89% | −2.06% | +10.29% | −1.70% | −13.51% | +4.70% | +31.69% | +6.05% | −5.92% | +3.62% |
| +15 days | +28.58% | +18.31% | −5.95% | −0.48% | +6.89% | +15.22% | −13.27% | +5.12% | +41.89% | −11.12% | −15.29% | +3.23% |
| +30 days | +16.70% | +42.71% | −15.14% | +15.10% | +2.53% | +13.42% | −11.97% | +10.54% | +38.28% | −13.24% | −15.86% | −2.27% |
| Filing | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL |
Corporate actions
Last 6 monthsNo recent corporate actions
Dividends, splits, and bonuses in the last six months show up here.
Results analysis
Shareholding
as of Sep 202659.11%Promoter
Promoters59.11%
FIIs5.33%0.29
DIIs1.64%0.67
Public33.91%0.37
Ownership trend
Peers
7 companiesValuation vs quality
P/E × ROCE · bubble = market cap| Name | CMP | P/E | Mkt Cap | Div Yld | NP Qtr | Qtr Profit Var | Sales Qtr | Qtr Sales Var | ROCE |
|---|---|---|---|---|---|---|---|---|---|
| HBL Engineering | ₹799.35 | 27.64 | 22,158 | 0.38% | 109 | −25.07% | 638 | +6.03% | 59.30% |
| Inox India | ₹1,860.20 | 65.65 | 16,884 | 0.11% | 58 | −4.99% | 371 | +9.18% | 33.48% |
| Esab India | ₹5,258.50 | 39.10 | 8,094 | 1.43% | 56 | +37.13% | 421 | +19.63% | 64.68% |
| KRN Heat Exchan | ₹1,147.20 | 65.28 | 7,509 | 0.00% | 36 | +100.39% | 319 | +109.86% | 15.98% |
| Harsha Engg Intl | ₹414.15 | 24.38 | 3,771 | 0.36% | 37 | −1.45% | 457 | +25.22% | 13.00% |
| Subros | ₹576.35 | 21.87 | 3,760 | 0.52% | 42 | +1.69% | 1,032 | +17.52% | 19.16% |
| Ador Welding | ₹1,330.90 | 19.17 | 2,316 | 1.73% | 27 | +4.14% | 344 | +22.93% | 22.71% |
| Median: 32 Co. | ₹327.50 | 24.48 | 537 | 0.00% | 7 | +10.50% | 91 | +20.64% | 16.17% |
Filings
Annual reports15
Concall transcripts6
Credit ratings6
Announcements5
Board Meeting Intimation for Prior Intimation About The Board Meeting 22 Oct - Board meets November 7, 2026 to approve Q2 FY27 unaudited results; trading window closes until 48 hours after.Clarification sought from HBL Engineering Ltd 19 Oct - Exchange has sought clarification from HBL Engineering Ltd on October 19, 2026, with reference to Movement in Volume.Announcement under Regulation 30 (LODR)-Credit Rating 9 Oct - CARE upgrades HBL Engineering’s long-term rating to AA- on October 9, 2026; short-term A1+ reaffirmed.Video Recording Of The Annual General Meeting 5 Oct - Video recording of the 40th AGM held on September 26, 2026 uploaded on company website.Shareholder Meeting / Postal Ballot-Scrutinizer''s Report 26 Sep




