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HBL Engineering Limited share price

HBL Engineering Limited manufactures and sells batteries and electronic equipment in India and internationally. It operates through Industrial batteries, Defense and Aviation batteries, and Electronics segments. The company offers lead acid batteries, nickel-cadmium batteries, silver zinc batteries, and lithium batteries. It also provides rail signaling electronics, electronic fuzes for ammunition, train collision avoidance systems, train management system, and electric drive trains. The company serves system integrators, EPC's, railway, aviation, and defense companies, as well as government sector. The company was formerly HBL Power Systems Limited and changed its name to HBL Engineering L…Read more
Capital GoodsElectrical Equipment & PartsNifty 500Nifty Smallcap 250NSE: HBLENGINEISIN INE292B01021
16 Oct 2026, 3:30 PM IST₹833.15▲ 122.70 (17.27%)
  • Market Cap₹ 23,094 Cr.
  • Current Price₹ 833.15
  • High / Low₹ 1,122 / 613
  • Stock P/E29.6
  • Book Value₹ 81
  • Dividend Yield0.42 %
  • ROCE46.4 %
  • ROE44.10 %
  • Face Value₹ 1.0
More figures (10)
  • EPS (TTM)₹ 28.16
  • Price / Book10.34
  • OPM32.4 %
  • Debt / Equity0.03
  • Sales growth (5Y)29.4 %
  • Profit growth (5Y)126.3 %
  • Promoter holding8.1 %
  • EV / EBITDA21.1
  • Beta0.03
  • All-time high₹ 1,122

Price chart

Returns1M3M6MYTD1Y3Y CAGR5Y CAGR
HBLENGINE+18.24%+12.39%+6.37%-10.09%-9.58%+43.11%+70.49%
Nifty 50-0.31%-3.85%-4.34%-11.42%-9.53%+5.46%+4.76%

Price returns only (dividends not included). Prices from NSE via Yahoo Finance; may be delayed.

Quick take

  • HBL Engineering Limited is in the Electrical Equipment & Parts industry (Industrials), with a market value of ₹23,094 crore.
  • It trades at 29.6 times its last 12 months' earnings and 10.3 times book value.
  • Revenue grew 29.4% a year over the last 5 years, profit 126.3% a year.
  • Return on equity was 44.1% and return on capital employed 46.4% in the latest year.
  • Debt was 0.03 times shareholders' equity.
  • The share price is 25.7% below its 52-week high and down 9.6% over one year.
  • Promoters and insiders hold about 8.1%; institutions about 56.2%.

Pros

  • Strong return on equity: 30.2% on average over the last 3 years.
  • Company is almost debt-free (debt is 0.03 times equity).
  • Sales have grown 29.4% a year over the last 5 years.
  • Profit has grown 126.3% a year over the last 5 years.
  • Trades at 29.6 times earnings, below its 3-year median of 53.4.

Cons

  • Latest quarter (Jun 2026): profit fell 24% from a year ago.
  • Trades at 10.3 times its book value.

Pros and cons are generated automatically from the reported figures. They are observations, not a recommendation to buy or sell.

AI analysis

Plenitude AI reads the figures on this page and explains them in plain language. It does not say whether to buy or sell.

About HBL Engineering Limited

HBL Engineering Limited manufactures and sells batteries and electronic equipment in India and internationally. It operates through Industrial batteries, Defense and Aviation batteries, and Electronics segments. The company offers lead acid batteries, nickel-cadmium batteries, silver zinc batteries, and lithium batteries. It also provides rail signaling electronics, electronic fuzes for ammunition, train collision avoidance systems, train management system, and electric drive trains. The company serves system integrators, EPC's, railway, aviation, and defense companies, as well as government sector. The company was formerly HBL Power Systems Limited and changed its name to HBL Engineering Limited in November 2024. The company was founded in 1977 and is headquartered in Hyderabad, India. HBL Engineering Limited is a subsidiary of Aluru Family Private Trust.

Employees
2,455
Head office
Hyderabad
NSE industry
Capital Goods

Peer comparison

IndustrialsCapital GoodsElectrical Equipment & Parts

Part ofNifty 500Nifty Smallcap 250

S.No.CompanyCMP ₹P/EMar Cap ₹ CrDiv Yld %NP Qtr ₹ CrQtr Profit Var %Sales Qtr ₹ CrQtr Sales Var %ROCE %
1.HBL Engineering833.1529.623,0940.42109-23.826386.0346.4
2.CG Power and Industrial Solutions846.00106.71,33,2850.1631315.093,28119.1819.3
3.Hitachi Energy India28,990.00112.31,29,2150.0329459.962,44132.6524.9
4.Polycab India8,219.0039.21,23,8070.577847.948,21017.5230.4
5.Havells India1,121.0043.570,3501.08290-43.926,518-0.3922.1
6.APAR Industries16,033.0054.667,1340.3546786.996,56726.5626.7
7.KEI Industries4,482.3043.042,8710.1027421.013,1859.2818.7
8.Honeywell Automation India32,095.0051.528,3960.341517.721,2048.0715.7
9.Schneider Electric Infrastructure1,157.50150.527,6760.0012-69.846514.7824.8
10.R R Kabel2,388.0044.527,0100.4220558.913,16842.8526.5
Median: 26 Co.3,435.1543.213,3170.3028211.513,17713.4024.9

Companies in the same industry; the median covers every company in it that we hold figures for. Tap a heading to sort. Sorting and comparing are ways to explore data, not recommendations.

Quarterly Results

Consolidated figures in ₹ crore /

₹ CrJun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
4675575996105205214514766021,825874604638
3904564864794104123573964101,089572529491
Operating Profit78101113131110109947919273630275147
OPM %17%18%19%22%21%21%21%17%32%40%35%12%23%
3357512272035111321
Interest23342354610325
Depreciation10101111111111111224121512
Profit before tax699110298103107797119171129767149
25%26%23%33%26%29%26%26%26%26%27%23%26%
526979818087654514353122164109
EPS in Rs1.862.472.842.902.873.132.310.005.1619.127.952.323.95
Raw filing

Source: the company's results filed with NSE, as reported. Tap a row marked + for its breakdown. Latest quarter on the right.

Profit & Loss

Consolidated figures in ₹ crore /

₹ CrMar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
1,0929121,2361,3692,2331,9673,3033,941
1,0118451,0971,2171,8101,5752,1902,681
Operating Profit81671391514233921,1131,260
OPM %7%7%11%11%19%20%34%32%
1710141818265980
Interest22157713131520
Depreciation4139353541445163
Profit before tax39181221283593601,0751,225
36%32%24%24%27%27%26%26%
26149499281277815924
EPS in Rs0.850.443.353.5110.070.0029.3933.34
Dividend Payout %10%5%10%

Compounded Sales Growth

5 Years:
29%
3 Years:
34%
TTM:
92%

Compounded Profit Growth

5 Years:
126%
3 Years:
102%
TTM:
172%

Stock Price CAGR

5 Years:
70%
3 Years:
43%
1 Year:
-10%

Return on Equity

4 Years:
25%
Last Year:
44%

Financial years ending March; TTM = the last four quarters. Source: the company's results filed with NSE, as reported. Tap a row marked + for its breakdown. Dividend payout = dividends paid in the year ÷ net profit.

Balance Sheet

Consolidated figures in ₹ crore, as at 31 March

₹ CrMar 2023Mar 2024Mar 2025Mar 2026
Equity Capital28282828
Reserves9241,1931,4552,187
86677467
257366422661
Total Liabilities1,2941,6541,9802,942
334368493576
CWIP2623102138
9341,2631,3842,228
Total Assets1,2941,6541,9802,942

Source: Yahoo Finance (compiled from the annual reports). Tap a row marked + for its breakdown.

Cash Flows

Consolidated figures in ₹ crore, financial years ending March

₹ CrMar 2023Mar 2024Mar 2025Mar 2026
122270247738
-50-137-320-214
-1042-33-113
Net Cash Flow63176-107411
Free Cash Flow59196125588

Free cash flow = cash from operations − capital expenditure. Source: Yahoo Finance.

Ratios

RatioMar 2022Mar 2023Mar 2024Mar 2025Mar 2026
ROE—10.4%25.9%20.5%44.1%
ROCE—13.4%30.0%24.5%46.4%
Operating margin—8.6%17.3%17.8%32.4%
Net margin—7.3%12.6%14.2%24.8%
Debt / equity—0.090.060.050.03
Current ratio—3.053.002.863.57
Debtor days—84587072
Inventory days—125106159126
Days payable—37325441
Cash conversion cycle—172132175157
Working capital days—157120148162

Computed from the reported statements: ROE on average equity; ROCE = EBIT / (total assets − current liabilities). Debtor days = receivables ÷ sales × 365; inventory and payable days use cost of goods sold; cash conversion cycle = debtor + inventory − payable days; working capital days = (current assets − current liabilities) ÷ sales × 365.

Shareholding Pattern

Numbers in percentages · as filed with NSE each quarter

  • Promoters 59.11%
  • FIIs 5.62%
  • DIIs 0.98%
  • Public 34.29%
%Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters59.11%59.11%59.11%59.11%59.11%59.11%59.11%59.11%59.11%59.11%59.11%59.11%
2.23%2.66%4.59%4.65%4.90%5.22%4.83%4.83%7.10%5.87%5.94%5.62%
0.08%0.41%0.66%1.07%0.97%0.39%0.36%0.36%0.65%0.82%0.79%0.98%
38.58%37.82%35.65%35.17%35.02%35.28%35.69%35.69%33.13%34.20%34.16%34.29%
No. of Shareholders2,21,3922,42,3852,87,0323,32,9123,68,6883,58,7983,81,8263,81,8263,26,0663,42,3353,40,7403,49,936

Source: shareholding patterns filed by the company with NSE. Public = non-institutional holders. Tap a row marked + for its breakdown.

Mutual funds & institutions holding HBL Engineering

No single fund or institution holds more than 1%.

As named in the shareholding pattern for Jun 2026 filed with NSE; mutual funds together hold 0.32% of the company. Shareholders below 1% are not named in the filing.

Documents

Announcements

All announcements on NSE →

Concalls & investor meets

Filings made by the company with NSE; documents open on NSE's website.

Key dates

Ex-dividend date
11 Sep 2026
Latest quarter
30 Jun 2026
Financial year end
31 Mar 2026

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Open a trading & demat account through Parshvanath Investments, Authorised Person of Master Capital Services Ltd (SEBI Reg. INZ000210539; NSE AP0153037862, BSE AP01095201177059). Execution and service only: no tips or research.

Latest news

From the company (NSE)

Headlines from news publishers (via Google News) and the filings of the company with NSE; they open on the source website. Headlines with price targets or buy/sell calls are left out. News is for information only and is not a recommendation.

Questions about HBL Engineering Limited

What is the share price of HBL Engineering Limited today?
HBL Engineering Limited (HBLENGINE) last traded at ₹833.15 on NSE (16 Oct 2026, 3:30 PM IST). Prices may be delayed.
What is the market cap of HBL Engineering Limited?
About ₹23,094 crore at the latest price.
What is the P/E ratio of HBL Engineering Limited?
About 29.6 times its earnings over the last 12 months.
Is HBL Engineering Limited a good investment?
We do not give views on individual shares. Whether any share suits you depends on your goals, time horizon and risk appetite; for long-term goals, a diversified mutual fund is often a simpler way to own shares. Investments in securities markets are subject to market risks.
How can I buy HBL Engineering Limited shares?
You need a trading and demat account with a SEBI-registered stock broker. We can help you open one through Parshvanath Investments, an Authorised Person of Master Capital Services Ltd (SEBI Reg. INZ000210539). We provide execution and account service only, not tips or research.
Important. Prices from NSE via Yahoo Finance. Quarterly and annual results, shareholding and documents are taken from the filings the company made with NSE; balance sheet, cash flow and valuation figures are compiled by Yahoo Finance; ratios are computed by us from them. Figures may be delayed or revised. This page is for information only: it is not research, a recommendation or an offer to buy or sell any security. Investments in securities markets are subject to market risks; read all related documents carefully before investing. Plenitude Connect Private Limited is an AMFI-registered Mutual Fund Distributor (ARN-130934); share broking is offered through Parshvanath Investments, Authorised Person of Master Capital Services Ltd (SEBI Reg. INZ000210539).
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