HBL Engineering Ltd (HBLENGINE)
₹698.60
Mkt cap
₹19,365 Cr
P/E ratio
23.10
P/B
8.74
Div yield
0.29%
ROE
45.30%
ROCE
58.40%
EPS (TTM)
₹30.24
Book value
₹80
52W range
559–1,099
Sector
Industrials
Incorporated in 1983, HBL Power System Ltd manufactures and services different types of batteries, e-mobility, and other products [1]
Health check
Mixed
ValuationFair
ProfitabilityStrong
GrowthModerate
TechnicalsBearish
52-week range
−36.42% from high₹699
₹559+24.97% from low₹1,099
Current
₹698.60
Prev close
₹700.30
Day
−0.24%
Price performance
1D
−0.24%
1W
−4.39%
1M
−15.55%
3M
−12.49%
6M
−0.93%
1Y
+14.47%
YTD
−25.49%
Financials
FRevenue, profit & margin
P/E ratio
23.1×
HBLENGINE is 7% below the sector median of 24.8×
HBLENGINE23.1×
Sector median24.8×
| Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Trend | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 403 | 467 | 557 | 599 | 610 | 520 | 521 | 451 | 476 | 602 | 1,223 | 874 | 604 | |
| Expenses | 358 | 390 | 456 | 486 | 479 | 410 | 412 | 357 | 396 | 410 | 679 | 572 | 529 | |
| Operating Profit | 45 | 78 | 101 | 113 | 131 | 110 | 109 | 94 | 79 | 192 | 544 | 302 | 75 | |
| OPM % | 11% | 17% | 18% | 19% | 22% | 21% | 21% | 21% | 17% | 32% | 44% | 35% | 12% | |
| Other Income | 4 | 3 | 3 | 2 | -19 | 5 | 12 | 2 | 6 | 17 | -8 | 10 | 10 | |
| Interest | 3 | 2 | 3 | 3 | 4 | 2 | 3 | 5 | 4 | 6 | 3 | 3 | 2 | |
| Depreciation | 10 | 10 | 10 | 11 | 11 | 11 | 11 | 11 | 11 | 12 | 12 | 12 | 15 | |
| Profit before tax | 36 | 69 | 91 | 102 | 98 | 103 | 107 | 79 | 71 | 191 | 520 | 297 | 67 | |
| Tax % | 3% | 25% | 26% | 23% | 33% | 26% | 29% | 26% | 26% | 26% | 26% | 27% | 23% | |
| Net Profit | 35 | 52 | 68 | 79 | 81 | 80 | 87 | 65 | 45 | 143 | 387 | 220 | 64 | |
| EPS in Rs | 1.26 | 1.87 | 2.48 | 2.85 | 2.94 | 2.89 | 3.15 | 2.33 | 1.62 | 5.17 | 13.97 | 7.96 | 2.30 | |
| Raw PDF |
Earnings
EResults dates & reactionsNo upcoming results date on calendar.
Fresh quarters land in the Financials table above, tagged NSE until screener catches up.
Avg earnings-day move −0.06% · closed higher next day 24 of last 60
| 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
CLast 6 months| Kind | Value | Ex-date | Record |
|---|---|---|---|
| dividend Interim Dividend - Rs 2 Per Share | 2.00 | 13 Feb '26 | 13 Feb '26 |
Shareholding
Sas of Jun 202659.11%Promoter
Promoters59.11%
FIIs5.62%0.32
DIIs0.97%0.18
Public34.28%0.11
Ownership trend
Peers
P7 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 | ₹698.60 | 23.11 | 19,365 | 0.29% | 64 | +44.18% | 604 | +27.03% | 58.45% |
| Inox India | ₹2,004.00 | 69.92 | 18,189 | 0.10% | 75 | +11.19% | 461 | +24.70% | 33.48% |
| Esab India | ₹5,649.50 | 45.12 | 8,696 | 1.33% | 44 | −8.18% | 396 | +7.62% | 64.68% |
| KRN Heat Exchan | ₹1,233.90 | 105.62 | 8,077 | 0.00% | 23 | +57.09% | 179 | +36.49% | 16.06% |
| Subros | ₹781.95 | 29.75 | 5,101 | 0.33% | 49 | +6.77% | 1,050 | +15.55% | 19.75% |
| Harsha Engg Intl | ₹405.65 | 26.45 | 3,693 | 0.37% | 47 | +200.64% | 474 | +27.06% | 13.00% |
| Ador Welding | ₹1,493.90 | 21.71 | 2,600 | 1.54% | 27 | +890.46% | 309 | +23.19% | 22.71% |
| Median: 33 Co. | ₹311.00 | 24.78 | 399 | 0.00% | 6 | +11.19% | 78 | +11.49% | 16.22% |
Filings
DAnnual reports15
Financial Year 2025bseFinancial Year 2024bseFinancial Year 2023bseFinancial Year 2022bseFinancial Year 2021bseFinancial Year 2020bseFinancial Year 2019bseFinancial Year 2018bseFinancial Year 2017bseFinancial Year 2016bseFinancial Year 2015bseFinancial Year 2014bseFinancial Year 2013bseFinancial Year 2012bseFinancial Year 2011nse
Concall transcripts5
Credit ratings6
Announcements5
Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order 15 Jul - HBL won Rs. 24 crore order from ICF Chennai for KAVACH equipment, completion by 31 March 2028.Announcement under Regulation 30 (LODR)-Change in Management 1 Jul - Board approved Kavita Prasad Aluru’s role change to Executive Director for five years from July 1, 2026, pending shareholder approval.Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order 28 May - CLW awards HBL Rs.1,714 crore KAVACH equipment contract, to be completed within 12 months.Statement Of Deviation Of Funds For March 31, 2026 28 May - No deviation in issue proceeds for quarter ended March 31, 2026; audit committee noted nil status.Information To The Shareholders 24 May - May 24, 2026 note explains FY26 results, Q4 profitability dip, and FY27 sales and profit outlook.




