HBLENGINE · NSE

HBL Engineering Limited

₹760

+0.43% (+₹3.25)

Prev. close

₹756.75

Volume

18,98,943

Delivery %

38.8%

As of

18 Sept 2026

Price history

Bullish

Vaishali Parekh · Prabhudas Lilladher · 08 Sept 2026

Bullish on HBL Engineering, recommending a buy at ₹700 with a target of ₹740 and a stop loss at ₹680.

Entry ₹700Target ₹740 (+5.7%)Stop ₹680 (-2.9%)R:R 2.0:1Target hit · 09 Sept 2026

Target ₹740PENDINGCall pageClear
Loading 15-min bars since the call…
Vaishali Parekh's call · 08 Sept 2026

Analyst sentiment

Analysts lean bullish

1 analyst stance · last 90 days · one per analyst

Trackable

1 · 1 bull / 0 neutral / 0 bear

Long-Horizon

none in window

Commentary

none in window

Trackable = verdict-bearing calls · Long-Horizon = 1yr+ horizon, verdict pending · Commentary = context, not graded

Bullish 100% (1)Neutral 0% (0)Bearish 0% (0)
Explore by date range →

Analyst opinions

CallAnalystInstrumentVerdictActions
Bullish on HBL Engineering, recommending a buy at ₹700 with a target of ₹740 and a stop loss at ₹680.Vaishali ParekhPrabhudas LilladherHBL Engineering LtdPENDING
Bullish on HBL Engineering, recommending a buy at ₹700 with a target of ₹740 and a stop loss at ₹680.
Trade setupTarget ₹740Track opinion →

This call hasn't reached its evaluation window yet — the verdict will appear here once it's graded.

Fundamentals

About HBL Engineering Limited

HBL Engineering Limited manufactures and sells batteries and other products 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, defence, 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.

Details

Sector

Industrials

Industry

Electrical Equipment & Parts

CEO

Dr. Aluru Jagadish Prasad

Headquarters

Hyderabad

Employees

2,455

Website

hbl.in

Key stats

Market cap

₹21,066.82 Cr

P/E ratio (TTM)

27.0

Dividend yield

0.53%

EPS (TTM)

₹28.15

Beta (1Y · daily vs NIFTY 50)

1.42

Beta (5Y · monthly vs NIFTY 50)

1.10

Shares float

10.52 Cr

EPS · quarter ended Jun 2026

₹3.95

Financial Performance

01 · Financials

0 Cr1000 Cr2000 Cr3000 Cr4000 Cr-50%0%50%100%FY21FY22FY23FY24FY25FY26
RevenueNet incomeRevenue growth YoY

FY21 growth needs FY20 filings, which the data source doesn't provide. EBITDA is omitted from this chart: coverage begins inside the plotted window, and every plotted period must carry a complete point set — the P&L table below has the available figures.

02 · Earnings Per Share (EPS)

0102030FY21FY22FY23FY24FY25FY26

03 · Dividend Profile

01122-250%0%250%500%26 Feb 2016 Sept 2016 Sept 2115 Sept 2215 Sept 2313 Sept 2412 Sept 2513 Feb 2611 Sept 26
Dividend (₹/share)Annualised yieldAnnual dividend growth (FY)

Growth compares completed fiscal-year dividend totals on the company's own calendar: April–March (Indian FY), taken from its reported period-ends. Payout ledger: NSE corporate actions.

04 · Operating Efficiency (Growth Rates)

Balance-sheet-based · pre-FY23 not filed in verifiable form

-50%0%50%100%FY21FY22FY23FY24FY25FY26
SalesFixed assetsTrade receivablesInventory

05 · Capital Structure & Asset Utilization

Pre-FY23 not filed in verifiable form

0 Cr1000 Cr2000 Cr3000 Cr0.5×1.5×FY21FY22FY23FY24FY25FY26
Total assetsTotal debtDebt / equityAsset turnover

Asset turnover needs a prior year of assets — omitted for the earliest available year.

06 · Asset Base Composition

Pre-FY23 not filed in verifiable form

0 Cr1000 Cr2000 Cr3000 CrFY21FY22FY23FY24FY25FY26
Fixed assetsCurrent assetsOther assets

07 · Debt Level & Coverage

Pre-FY23 not filed in verifiable form

0 Cr200 Cr400 Cr600 CrFY21FY22FY23FY24FY25FY26
DebtFree cash flowCash & equivalents

08 · Profit & Loss

Annual

Line itemFY21FY22FY23FY24FY25FY26
₹912.04 Cr₹1,236.21 Cr₹1,368.68 Cr₹2,233.36 Cr₹1,967.20 Cr₹3,302.83 Cr
EBITDA₹164.08 Cr₹170.94 Cr₹427.30 Cr₹425.43 Cr₹1,152.43 Cr
₹13.73 Cr₹93.90 Cr₹98.65 Cr₹280.89 Cr₹276.92 Cr₹814.89 Cr
Diluted EPS₹0.44₹3.35₹3.55₹10.07₹9.99₹29.39

EBITDA has filed figures for only some of the years shown — no further verified source covers the rest, so those years are left blank rather than estimated.

09 · Balance Sheet

Annual

Line itemFY21FY22FY23FY24FY25FY26
₹1,036.00 Cr₹1,133.00 Cr₹1,294.00 Cr₹1,654.00 Cr₹1,980.00 Cr₹2,942.00 Cr
₹69.94 Cr₹62.61 Cr₹86.02 Cr₹67.46 Cr₹74.29 Cr₹66.87 Cr
Stockholders' equity₹782.00 Cr₹866.00 Cr₹952.00 Cr₹1,221.00 Cr₹1,483.00 Cr₹2,215.00 Cr

CWIP, Others, Long-term debt, Current (short-term) debt have filed figures for only some of the years shown — no further verified source covers the rest, so those years are left blank rather than estimated.

Annual only — the data source doesn’t publish quarterly balance-sheet detail for most NSE-listed companies.

10 · Cash Flow Statement

Annual

Line itemFY21FY22FY23FY24FY25FY26
₹99.49 Cr₹163.55 Cr₹122.44 Cr₹270.27 Cr₹246.74 Cr₹738.44 Cr
Investing cash flow₹45.35 Cr₹95.94 Cr₹-49.71 Cr₹-136.55 Cr₹-319.89 Cr₹-214.38 Cr
₹-101.82 Cr₹18.80 Cr₹-9.56 Cr₹42.27 Cr₹-33.37 Cr₹-112.92 Cr
Capital expenditure₹-36.29 Cr₹-68.13 Cr₹-63.88 Cr₹-74.11 Cr₹-121.65 Cr₹-150.32 Cr
End cash position₹132.02 Cr₹223.47 Cr₹116.95 Cr₹529.94 Cr

Debt issued, Debt repaid, End cash position have filed figures for only some of the years shown — no further verified source covers the rest, so those years are left blank rather than estimated.

Annual only — the data source has no quarterly cash-flow-statement coverage.

11 · Shareholding Pattern

NSE, quarterly

Line itemSep 21Dec 21Mar 22Sep 22(3Q)Dec 22Mar 23Jun 23Sep 23Jun 26(12Q)
Promoter58.60%58.95%58.97%59.02%59.08%59.10%59.11%
Public41.40%41.05%41.03%40.98%40.92%40.90%40.89%
Employee trusts0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Source: NSE quarterly shareholding-pattern filings, collapsed to periods where the reported percentages held steady — a column spanning several quarters means no change was filed across them. No FII/DII sub-split available from this source — Public includes all non-promoter, non-employee-trust holders.

12 · Peer Comparison

Industrials

Company
Larsen & Toubro Limited₹5.24 L Cr₹3,836.231.64.7914.7%1.15+11.8%+4.1%
Adani Ports and Special Economic Zone Limited₹4.00 L Cr₹1,82429.44.1713.3%0.66+27.1%+29.1%
Hindustan Aeronautics Limited₹3.20 L Cr₹4,800.334.37.8022.2%0.00+5.6%-1.2%
Bharat Electronics Limited₹2.82 L Cr₹395.4546.011.7525.3%0.00+15.9%-4.1%
InterGlobe Aviation Limited₹1.87 L Cr₹4,92026.87-34.3%11.15+6.6%-13.9%
ABB India Limited₹1.51 L Cr₹7,270.595.519.2821.3%0.01+8.1%+33.7%
Bharat Heavy Electricals Limited₹1.43 L Cr₹429.258.85.476.1%0.31+18.3%+83.2%
Hitachi Energy India Limited₹1.39 L Cr₹32,700121.726.8919.1%0.02+27.2%+68.7%
Cummins India Limited₹1.39 L Cr₹5,099.557.816.4227.9%0.00+16.9%+24.3%
CG Power and Industrial Solutions Limited₹1.39 L Cr₹892107.617.3915.1%0.01+25.1%+13.7%
Siemens Limited₹1.33 L Cr₹3,763.578.810.0715.9%0.01+16.2%+13.3%
HBL Engineering Limited₹20,976.73 Cr₹76026.89.4736.8%0.03+68.0%-11.5%

Ranked by market cap within Industrials, same metrics as the Fundamentals screener. Click a column to sort.

Documents

Annual reports

Show all 30

Official documents linked from their sources — offer documents as filed with SEBI (sebi.gov.in), annual reports and earnings-call transcripts as published on BSE (bseindia.com) and NSE (nseindia.com). Links open the source's own hosting; nothing is re-hosted here.

Index membership

27 indices

NSE weights are a free-float market-cap-share estimate, not NSE’s own published (and sometimes capped) index weight. BSE weights are BSE’s own published index weight, not an estimate. Indices without weight data are listed without one, in alphabetical order after the weighted ones.

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