HIGHENE
High Energy Batteries (India) financials
- Market cap
- ₹481 Cr
Quarterly results
Q1 FY27: revenue down 40.5%, net profit down 333.3% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 15 | 13 | 36 | 13 | 17 +16% | 23 +85% | 30 −18% | 8 −41% |
| EBITDA | 2 | 1 | 13 | 1 | -1 −145% | 7 +1242% | 12 −7% | -2 −382% |
| Net profit | 2 | 1 | 10 | 1 | 2 +12% | 5 +646% | 8 −24% | -2 −333% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Performance −8.6% 1Y
1Y: ₹646.95 on 10 Sept 2025 → ₹591.6. High ₹654.1 (27 Apr 2026), low ₹490.95 (4 Jun 2026).
Financials, as filed
Revenue grew 3.4% a year over 2 years, FY24 to FY26. Operating margin narrowed to 22.8%.
| Year ending | FY24 | FY25 | FY26 |
|---|---|---|---|
| Revenue | ₹78 Cr | ₹81 Cr | ₹84 Cr |
| Operating profit | ₹23 Cr | ₹17 Cr | ₹19 Cr |
| Operating margin | 28.9% | 21.4% | 22.8% |
| Interest | ₹2 Cr | ₹1 Cr | ₹2 Cr |
| Depreciation | ₹1 Cr | ₹1 Cr | ₹1 Cr |
| Net profit | ₹17 Cr | ₹15 Cr | ₹15 Cr |
| Net margin | 22.0% | 18.9% | 18.4% |
| Cash from operations | ₹24 Cr | ₹4 Cr | ₹14 Cr |
| Free cash flow | ₹22 Cr | ₹1 Cr | ₹9 Cr |
| ROCE | 28.0% | 23.0% | 20.0% |
How to read this
From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.
Balance sheet
| Year ending | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Equity capital | ₹2 Cr | ₹2 Cr | ₹2 Cr | ₹2 Cr | ₹2 Cr | ₹2 Cr |
| Reserves | ₹40 Cr | ₹54 Cr | ₹72 Cr | ₹86 Cr | ₹98 Cr | ₹110 Cr |
| Borrowings | ₹35 Cr | ₹25 Cr | ₹21 Cr | ₹5 Cr | ₹21 Cr | ₹12 Cr |
| Other liabilities | ₹18 Cr | ₹19 Cr | ₹21 Cr | ₹17 Cr | ₹15 Cr | ₹16 Cr |
| Total liabilities | ₹94 Cr | ₹99 Cr | ₹115 Cr | ₹109 Cr | ₹136 Cr | ₹139 Cr |
| Fixed assets | ₹31 Cr | ₹30 Cr | ₹38 Cr | ₹38 Cr | ₹39 Cr | ₹40 Cr |
| Capital work in progress | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹2 Cr |
| Investments | ₹1 Cr | ₹1 Cr | ₹1 Cr | ₹2 Cr | ₹3 Cr | ₹3 Cr |
| Other assets | ₹62 Cr | ₹68 Cr | ₹76 Cr | ₹70 Cr | ₹94 Cr | ₹95 Cr |
| Total assets | ₹94 Cr | ₹99 Cr | ₹115 Cr | ₹109 Cr | ₹136 Cr | ₹139 Cr |
How to read this
As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Who owns it
As disclosed at Jun 2026
Since Jun 2025, DIIs trimmed −0.42 pp while the public added +0.25 pp. The shareholder count shrank 8% to 22,050.
- Promoters
- 43.1%
- DIIs
- 6.0%
- Public
- 50.9%
Since Jun 2025
- DIIs −0.42 pp
- Public +0.25 pp
- Promoters +0.16 pp
How it drifted, 12 quarters
Over this window the public fell from 53.1% to 50.9% — −2.2 pp.
Ownership split by quarter, oldest first. Sep '23: Promoters 40.9%, DIIs 6.0%, Public 53.1%.Dec '23: Promoters 40.9%, DIIs 6.0%, Public 53.1%.Mar '24: Promoters 41.3%, DIIs 6.0%, Public 52.7%.Jun '24: Promoters 41.3%, DIIs 6.0%, Public 52.7%.Sep '24: Promoters 41.3%, DIIs 6.0%, Public 52.7%.Dec '24: Promoters 41.7%, DIIs 6.0%, Public 52.3%.Mar '25: Promoters 42.9%, DIIs 6.0%, Public 51.1%.Jun '25: Promoters 42.9%, DIIs 6.4%, Public 50.7%.Sep '25: Promoters 42.9%, DIIs 6.4%, Public 50.7%.Dec '25: Promoters 42.9%, DIIs 6.4%, Public 50.7%.Mar '26: Promoters 43.1%, DIIs 6.4%, Public 50.5%.Jun '26: Promoters 43.1%, DIIs 6.0%, Public 50.9%.
Who bought this quarter
since Mar 2026
Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.
- Investor Education And Protection Fund Authority - 2 newly disclosed 1.81% held
- Sathyamoorthi Devarajulu +0.14 pp 1.28% held
- Shivani Tejas Trivedi +0.10 pp 2.00% held
The same filing shows 0 holders trimming and 1 off the list — both are in the register beside this.
Who is on the register
Named in the Jun 2026 filing
Every holder of High Energy Batteries (India) Ltd. above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Seshasayee Paper And Boards Limited | 17.94% | unchanged |
| Time Square Investments Private Limited | 9.28% | unchanged |
| Minal Bharat Patel | 6.38% | unchanged |
| LICI Asm Non Par Insurer | 5.99% | unchanged |
| Ponni Sugars (Erode) Limited | 5.58% | unchanged |
| Synergy Investments Pte Ltd | 4.46% | unchanged |
| Ultra Investments And Leasing Company Private Limited | 3.92% | unchanged |
| Shivani Tejas Trivedi | 2.00% | +0.10 pp |
| Investor Education And Protection Fund Authority - 2 | 1.81% | newly disclosed |
| Poonam Balram Bharwani | 1.33% | unchanged |
| Sathyamoorthi Devarajulu | 1.28% | +0.14 pp |
| Dhanashree Investments Private Limited | 1.19% | unchanged |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
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