Valuation: HBL Engineering Limited

Market Cap 170B 1.79B 1.53B 1.44B 1.31B 2.47B 2.5B 16.93B 6.59B 85.97B 6.71B 6.57B 285B P/E 2024
44.9x
P/E 2025 47.3x
Enterprise Value 169B 1.77B 1.52B 1.42B 1.3B 2.46B 2.48B 16.8B 6.54B 85.32B 6.66B 6.52B 283B EV / Sales 2024
5.57x
EV / Sales 2025 6.59x
Free-Float
91.93%
Yield 2024
0.11%
Yield 2025 0.21%
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+0.65%
1 week+2.97%
Current month-3.43%
1 month-0.54%
3 months-10.27%
6 months-0.83%
Current year-24.98%
1 week 660.95
Extreme 660.95
727
1 month 660.95
Extreme 660.95
744.3
Current year 603.2
Extreme 603.2
984.5
1 year 603.2
Extreme 603.2
1,121.95
3 years 234.3
Extreme 234.3
1,121.95
5 years 45.35
Extreme 45.35
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.($)
+0.65%+2.97%-13.19%+140.73% 2B
-3.45%-5.41%-4.90%-34.67% 61.22B
+0.78%+0.58%+140.28%-12.63% 28.97B
-2.24%-4.60%+12.52%+9.21% 18.04B
-3.85%-3.60%-12.25%-66.27% 8.27B
-0.88%-1.86%-15.29%+14.16% 7.33B
+1.80%-4.97%+87.87%+86.64% 6.76B
-0.67%-4.25%-21.33%+28.65% 4.9B
-1.97%-7.50%+120.20%+59.31% 4.63B
-1.67%-9.25%+49.44%+170.13% 4.57B
Average -1.17%-0.26%+34.34%+39.53% 14.67B
Weighted average by Cap. -1.88%-0.02%+34.24%-4.83%

Financials

2024 2025
Net sales 22.33B 234M 201M 188M 172M 324M 327M 2.22B 864M 11.27B 880M 860M 37.32B 19.67B 206M 177M 166M 151M 286M 288M 1.95B 761M 9.93B 775M 758M 32.87B
Net income 2.81B 29.46M 25.25M 23.66M 21.61M 40.78M 41.18M 279M 109M 1.42B 111M 108M 4.69B 2.77B 29.05M 24.89M 23.32M 21.3M 40.21M 40.6M 275M 107M 1.4B 109M 107M 4.63B
Net Debt -1.61B -16.94M -14.51M -13.6M -12.42M -23.44M -23.67M -160M -62.44M -815M -63.59M -62.21M -2.7B -1.29B -13.49M -11.56M -10.83M -9.89M -18.67M -18.85M -128M -49.73M -649M -50.64M -49.54M -2.15B
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
2,152
Date Price Change Volume
25/08/26 694.75 +0.65% 29,741
24/08/26 ₹690.25 -1.80% 108,076
21/08/26 ₹702.90 -1.40% 80,401
20/08/26 ₹712.85 +6.19% 164,625
19/08/26 ₹671.30 +0.21% 46,698
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