HBL Engineering Ltd

HBL Engineering Ltd

₹ 604 0.02%
10 Jun - close price
About

Incorporated in 1983, HBL Power System Ltd manufactures and services different types of batteries, e-mobility, and other products[1]

Key Points

Market Position
The company ranks ** 2nd globally in the industrial nickel batteries segment and 3rd** in India's VRLA lead batteries segment. It is also the only manufacturer of PLT lead batteries in the country. [1]

  • Market Cap 16,737 Cr.
  • Current Price 604
  • High / Low 740 / 404
  • Stock P/E 60.4
  • Book Value 53.5
  • Dividend Yield 0.08 %
  • ROCE 26.3 %
  • ROE 20.5 %
  • Face Value 1.00

Pros

  • Company is almost debt free.
  • Company has delivered good profit growth of 64.5% CAGR over last 5 years

Cons

  • Stock is trading at 11.3 times its book value

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025
374 320 314 332 403 467 557 599 610 520 521 451 476
321 285 281 294 358 390 456 486 479 410 412 357 396
Operating Profit 53 35 33 38 45 78 101 113 131 110 109 94 79
OPM % 14% 11% 11% 12% 11% 17% 18% 19% 22% 21% 21% 21% 17%
3 3 6 6 4 3 3 2 -19 5 12 2 6
Interest 2 1 1 2 3 2 3 3 4 2 3 5 4
Depreciation 8 8 8 9 10 10 10 11 11 11 11 11 11
Profit before tax 46 29 30 33 36 69 91 102 98 103 107 79 71
Tax % 29% 31% 35% 32% 3% 25% 26% 23% 33% 26% 29% 26% 26%
33 20 20 24 35 52 68 79 81 80 87 65 45
EPS in Rs 1.21 0.72 0.72 0.86 1.26 1.87 2.48 2.85 2.94 2.89 3.15 2.33 1.62
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
1,304 1,349 1,299 1,414 1,603 1,266 1,092 912 1,236 1,369 2,233 1,967
1,208 1,210 1,164 1,286 1,477 1,169 1,011 845 1,097 1,217 1,810 1,575
Operating Profit 95 139 134 129 126 97 81 67 139 151 423 392
OPM % 7% 10% 10% 9% 8% 8% 7% 7% 11% 11% 19% 20%
66 9 12 21 16 21 22 6 26 20 8 25
Interest 76 71 68 46 41 31 22 15 7 7 13 13
Depreciation 39 53 51 48 46 44 41 39 35 35 41 44
Profit before tax 46 24 27 54 55 43 40 19 122 130 377 360
Tax % 16% 43% 45% 29% 42% 35% 35% 29% 23% 24% 26% 27%
39 14 15 38 32 28 26 14 94 98 280 276
EPS in Rs 1.57 0.56 0.59 1.53 1.14 1.00 0.95 0.50 3.39 3.56 10.13 9.99
Dividend Payout % 13% 36% 42% 18% 22% 30% 32% 71% 12% 13% 5% 10%
Compounded Sales Growth
10 Years: 4%
5 Years: 13%
3 Years: 17%
TTM: -12%
Compounded Profit Growth
10 Years: 26%
5 Years: 65%
3 Years: 48%
TTM: -8%
Stock Price CAGR
10 Years: 29%
5 Years: 111%
3 Years: 85%
1 Year: 26%
Return on Equity
10 Years: 11%
5 Years: 16%
3 Years: 20%
Last Year: 21%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Equity Capital 25 25 25 28 28 28 28 28 28 28 28 28
Reserves 536 539 584 701 724 739 745 754 838 924 1,193 1,455
734 686 549 479 366 232 161 70 63 86 67 74
459 311 277 258 224 162 169 184 204 257 366 422
Total Liabilities 1,755 1,562 1,435 1,467 1,342 1,161 1,103 1,036 1,133 1,294 1,654 1,980
495 456 415 417 363 321 304 279 265 320 354 397
CWIP 56 49 48 33 26 37 27 43 81 50 20 68
Investments 1 2 8 8 5 5 6 7 8 9 108 290
1,202 1,054 964 1,008 947 797 766 707 779 915 1,171 1,225
Total Assets 1,755 1,562 1,435 1,467 1,342 1,161 1,103 1,036 1,133 1,294 1,654 1,980

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
-36 79 158 43 159 167 149 121 62 122 273 239
156 -13 -10 60 -8 1 -6 -32 -17 -50 -139 -320
-115 -66 -153 -114 -150 -163 -114 -104 -22 10 -42 -26
Net Cash Flow 5 -0 -5 -11 1 5 29 -14 23 82 91 -107

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Debtor Days 122 106 120 122 103 105 102 102 86 83 62 69
Inventory Days 276 226 185 168 126 145 162 188 149 147 137 201
Days Payable 134 81 77 68 43 34 41 44 42 43 41 68
Cash Conversion Cycle 265 252 228 222 186 216 222 246 193 188 158 202
Working Capital Days 172 173 172 177 150 164 168 169 133 128 83 131
ROCE % 4% 8% 8% 8% 9% 6% 6% 4% 13% 14% 36% 26%

Shareholding Pattern

Numbers in percentages

6 Recently
Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025
58.97% 58.97% 59.02% 59.08% 59.10% 59.11% 59.11% 59.11% 59.11% 59.10% 59.10% 59.10%
4.79% 1.55% 1.77% 0.91% 2.63% 2.23% 2.66% 4.59% 4.66% 4.91% 5.22% 4.83%
9.32% 3.59% 0.00% 0.00% 0.14% 0.08% 0.41% 0.66% 1.07% 0.96% 0.39% 0.36%
26.92% 35.88% 39.21% 40.00% 38.14% 38.58% 37.82% 35.65% 35.17% 35.03% 35.27% 35.70%
No. of Shareholders 1,51,0171,67,0401,76,5361,71,7141,79,4442,21,3922,42,3852,87,0323,32,9123,68,6883,58,7983,81,826

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

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