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HBL Engineering share price & results

HBL Engineering Limited· Capital Goods· Industrials

Results to
Jun 2026
Latest analysed call
Q1 FY26
Ownership as of
Sept 2026

Engineering group making specialised batteries, defence electronics and rail-signalling systems from in-house R&D.

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Reported

The figures, each with its period

Each figure keeps its basis and period; nothing is filled in.

MetricValueChangeBasisPeriodNote
Revenue620 ₹ crore+5.4% YoYQuarterly, as filedQuarter to Jun 2026Revenue from operations as filed.
Operating margin22.0 %−10.0 pts YoYOperating profit / revenueQuarter to Jun 2026For the quarter; a change is in percentage points.
Net profit105 ₹ crore−25.0% YoYQuarterly, as filedQuarter to Jun 2026Profit after tax as filed.
Return on equity43.32 %+24.8 ptsFY Mar 2026 vs FY Mar 2025Trailing twelve monthsTTM to Jun 2026Adjusted profit attributable to owners ÷ average owners’ equity.
Free cash flow margin17.98 %+13.1 ptsFY Mar 2026 vs FY Mar 2025Fiscal yearFY ending Mar 2026(Operating cash flow − fixed-asset purchases + disposals) ÷ revenue.
Revenue growth (YoY)62.88 %+79.8 ptsFY Mar 2026 vs FY Mar 2025Trailing twelve monthsTTM to Jun 2026Revenue change against the same period one year earlier.

Source: Inve data from filed results; ratios from the Screener-verified panel · to Jun 2026

Guidance

What management said, and what became of it

8 targets tracked, none judged yet · 8 open · verdicts reflect calls analysed to Q1 FY26.

HBL Engineering Limited management guidance track record on Inve: 8 targets tracked across analysed earnings calls (0 achieved, 0 missed, 8 open).

TargetOriginal wordingSaidLatest callVerdict
Sales3000 crores for FY26
Call transcript, Q1 FY26 · 25 Sept 2025		Q1 FY26Q1 FY26:Budgeting for 3000 crores in sales of this fiscal year.
Call transcript, Q1 FY26 · 25 Sept 2025		New

Source: Inve Guidance Tracker for HBL Engineering Limited · to Q1 FY26

A verdict describes what became of management’s own words in later analysed calls. “Delayed” is a change of date, “went quiet” a target the calls stopped mentioning. None of it is a judgement on the investment. The methodology sets out how verdicts are recorded.

8 of HBL Engineering Limited's 8 targets are still open. See which are on track and which have gone quiet. The 1 above are the free sample; 7 more targets are in the full ledger.

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Price

₹760.8 −1.18% · −₹9.05

Last close 26 Oct 2026 · NSE · INR · Source: Inve

Performance −18.3% 1Y

₹0.6k₹0.7k₹0.8k₹0.9k₹1.0k₹1.1kOct 25Dec 25Jan 26Mar 26Apr 26Jun 26Jul 26Sept 26Oct 26

1Y: ₹931.7 on 24 Oct 2025 → ₹760.8. High ₹1,098.8 (10 Nov 2025), low ₹614.8 (30 Mar 2026).

Previous close
₹769.85
Market cap
₹21.1k Cr
52-week range
₹614.8 – ₹1,098.8
One year
−23.34%
Price to earnings (TTM to Jun 2026)
26.33×
Return on equity (TTM to Jun 2026)
43.32%

Overview

Symbol
NSE:HBLENGINE
Industry
Industrials
Exchange
NSE
Currency
INR

What HBL Engineering Limited does

Based on the company's own presentations, annual report and earnings calls.

HBL Engineering develops and manufactures specialised batteries (lead-acid, nickel-cadmium and lithium) alongside defence electronics and industrial electronics such as railway signalling systems. It supplies telecom towers, railways/metro, oil & gas utilities, data centres, and defence platforms including aircraft, missiles, torpedoes and submarines, mostly using technology developed in-house rather than under foreign licence. The company also builds electronic fuzes for ammunition and is developing electric drive trains (motors and controllers) to convert diesel trucks to electric. It exports a portion of its output and holds a #1 or #2 domestic market position in most of its product lines.

Segments

  • Industrial Batteries
  • Defence Businesses
  • Industrial Electronics
Manufacturing facilities
5
Export markets
50+
Employees
2,152
Domestic market position
#1 or #2 in most product lines (except telecom tower batteries, #3)
Global position — Industrial Nickel Cadmium batteries
2nd largest producer globally
Global position — Pure Lead Tin (DC power backup) batteries
Only producer in India; 2nd in the world
Founded 1986Headquarters Hyderabad, Telangana, IndiaEmployees 2,152 (2025-03-31) Company website

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