Valuation: HBL Engineering Limited

Market Cap 195B 2.04B 1.76B 1.67B 1.51B 2.84B 2.85B 19.91B 7.69B 99.05B 7.65B 7.48B 316B P/E 2025
47.3x
P/E 2026 20.9x
Enterprise Value 189B 1.97B 1.71B 1.62B 1.47B 2.75B 2.76B 19.28B 7.45B 95.95B 7.41B 7.24B 306B EV / Sales 2025
6.59x
EV / Sales 2026 4.97x
Free-Float
91.93%
Yield 2025
0.21%
Yield 2026 0.49%
08-08 HBL Engineering Limited Reports Earnings Results for the First Quarter Ended June 30, 2026 CI
08-03 HBL Engineering Limited Receives Order From Integral Coach Factory For Supply, Installation, Testing And Commissioning Of On-Board KAVACH Loco Equipment Valued At INR 314.9 Million CI
07-15 HBL Engineering Limited Accepts Order From Integral Coach Factory, Chennai For Supply, Installation, Testing And Commissioning Of On-Board KAVACH Loco Equipment Valued At INR 240 Million CI
06-11 Cochin Shipyard Limited and HBL Engineering Limited Form Joint Venture Company, Green Maritime Propulsion Private Limited on June 11, 2026 CI
05-28 HBL Engineering receives order from Chittaranjan Locomotive works worth 17.14 billion rupees RE
05-28 HBL Engineering Limited Receives Contract from Chittaranjan Locomotive Works for Supply, Installation, Testing and Commissioning of On-Board KAVACH Loco Equipment CI
05-23 HBL Engineering Limited Reports Earnings Results for the Fourth Quarter and Full Year Ended March 31, 2026 CI
05-23 HBL Engineering Limited Recommends Final Dividend for the Year Ended 31 March, 2026 CI
04-09 HBL Engineering accepts order worth 838.1 million rupees from Patiala Loco Works RE
04-09 HBL Engineering Secures INR838 Million Equipment Order MT
04-09 HBL Engineering Limited Receives Order from Patiala Loco Works for Supply, Testing and Commissioning of On-Board KAVACH Equipment Valued at INR 838.1 Million CI
04-02 HBL Engineering Bags New Order Worth INR1.80 for Supply of Equipment MT
03-25 Cochin Shipyard executes joint venture agreement with HBL Engineering on March 25, 2026 RE
1 day-2.13%
1 week-3.69%
Current month+7.17%
1 month+3.81%
3 months-11.09%
6 months+7.01%
Current year-23.93%
1 week 692.35
Extreme 692.35
740
1 month 648.05
Extreme 648.05
772
Current year 603.2
Extreme 603.2
984.5
1 year 603.2
Extreme 603.2
1,121.95
3 years 244.05
Extreme 244.05
1,121.95
5 years 45.8
Extreme 45.8
1,121.95
10 years 9.15
Extreme 9.15
1,121.95
Manager TitleAgeSince
Chief Executive Officer 80 18/11/2009
Director of Finance/CFO 62 29/03/2023
President 57 01/09/2020
Director TitleAgeSince
Chairman 80 29/08/1986
Director/Board Member 57 27/05/2024
Director/Board Member 55 10/08/2018
Change 5-day change 1-year change 3-year change Capi.($)
-2.13%-3.69%-22.51%+165.40% 2.08B
+0.41%+5.31%+3.23%-28.60% 62.77B
-0.55%+2.64%+169.98%-6.37% 31.24B
+0.62%-4.02%-34.17%+5.14% 15.65B
+0.53%-4.06% - - 10.83B
-2.71%-0.67%-13.97%-62.82% 7.68B
+2.87%+1.12%-43.12%+12.43% 6.86B
+0.71%-4.04%+59.45%+76.22% 6.15B
+11.67%+15.44%-30.93%+28.97% 4.86B
-0.11%+0.17%+50.83%+184.40% 4.62B
Average +1.13%-0.62%+15.42%+41.64% 15.28B
Weighted average by Cap. +0.52%-1.06%+35.08%-3.55%

Financials

2025 2026
Net sales 19.67B 205M 178M 168M 152M 286M 287M 2.01B 775M 9.98B 770M 753M 31.8B 33.03B 344M 298M 282M 256M 480M 483M 3.37B 1.3B 16.75B 1.29B 1.26B 53.4B
Net income 2.77B 28.87M 25.02M 23.64M 21.46M 40.23M 40.47M 282M 109M 1.4B 108M 106M 4.48B 8.15B 84.94M 73.61M 69.58M 63.16M 118M 119M 831M 321M 4.13B 319M 312M 13.17B
Net Debt -1.29B -13.4M -11.62M -10.98M -9.97M -18.68M -18.79M -131M -50.64M -652M -50.35M -49.23M -2.08B -6.12B -63.75M -55.24M -52.21M -47.4M -88.84M -89.37M -623M -241M -3.1B -239M -234M -9.89B
Logo HBL Engineering Limited
HBL Engineering Ltd, formerly HBL Power Systems Limited, is an India-based research-based engineering company. The Company's principal activities include manufacturing of different types of batteries, e-mobility and other products. It is also engaged in service activities related to its products. Its segments include Industrial batteries, Defence & Aviation batteries, and Electronics. The Industrial batteries segment's products include lead batteries (valve regulated lead acid and pure lead thin), nickel cadmium batteries and lithium batteries. This segment serves various sectors, such as telecom, railways, and others. Its Defense segment has three divisions batteries, electronic fuzes for ammunition and other defense products. Electronics segment is organized into two divisions, namely railway electronics and electric mobility. Its flagship products in this vertical are the KAVACH, which is a train collision avoidance system.
Employees
2,455
Date Price Change Volume
16/09/26 704.50 -2.13% 87,001
15/09/26 ₹719.80 -0.35% 134,717
11/09/26 ₹722.35 +0.22% 56,137
10/09/26 ₹720.80 -1.43% 170,139
09/09/26 ₹731.25 -0.03% 680,096
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