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HBL Power Systems Limited

HBL Power Systems Limited

HBLPOWER.NS
HBL Power Systems LimitedIN flagNational Stock Exchange of India
492.60
INR
-14.85
- -
136.55BMarket Cap
HBL Power Systems Limited
HBLPOWER.NS
(National Stock Exchange of India)

Recent

price

492.60

P/E

ratio

- -

div

yld

- -

ROIC.AI

2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
TTM
FRC
51.31
44.16
48.15
60.98
67.59
51.67
53.37
51.33
51.03
57.52
45.29
38.99
32.26
43.74
48.98
80.14
80.31
Revenue per Share
3.74
3.94
0.67
0.73
0.93
1.57
0.56
0.59
1.39
1.14
1
0.95
0.5
3.39
3.56
10.13
11.76
Basic EPS, GAAP
2
-3.34
-19.37
2.44
-1.26
-2.11
2
5.48
0.16
5.17
5.05
4
2.97
-0.2
2.11
7.93
- -
Free Cash Flow per Basic Share
0.18
0.34
0.35
0.12
0.17
0.17
0.23
0.24
0.27
0.3
0.3
0.6
0.1
0.35
- -
- -
- -
Dividend per Share
12.89
2.16
2.88
1.42
1.97
3.75
3.2
3.37
6.38
7.23
7.76
8.03
8.36
11.39
14.51
24.22
0.99
Book Value per Share
15.5
19.83
18.92
18.88
19.44
19.81
21.5
21.94
24.66
25.71
26.1
26.19
26.55
29.44
33
43.66
48.99
Tangible Book Value per Share
243
253
253
253
253
253
253
253
277
277
277
277
277
277
277
277
279
Basic Weighted Avg Shares
12,458
11,173
12,181
15,428
17,099
13,072
13,503
12,986
14,145
15,945
12,554
10,807
8,942
12,126
13,576
22,215
22,385
Sales/Revenue/Turnover
13.78
16.21
4.71
10.84
9.83
4.52
7.16
8.88
7.23
6.18
4.84
4.24
3.84
8.87
8.59
17.28
18.83
Operating Margin (%)
290
295
396
544
632
398
529
507
485
462
445
386
388
351
355
413
438
Depreciation Expense
908
996
169
185
234
396
142
149
387
316
277
262
137
939
987
2,809
3,278
Net Income, GAAP
33.59
30.52
- -
38.34
32.68
16.48
42.9
45.04
29.36
42.43
35.2
34.61
29.32
23.44
24.16
25.59
26.59
Effective Tax Rate (%)
7.29
8.91
1.38
1.2
1.37
3.03
1.05
1.15
2.73
1.98
2.21
2.43
1.54
7.74
7.27
12.64
14.65
Profit Margin (%)
4,100
5,220
1,720
748
1,279
2,354
2,667
2,288
2,816
3,419
3,947
4,357
4,403
5,319
5,857
7,020
7,351
Working Capital
3,699
4,291
4,174
3,917
4,169
2,270
2,015
1,253
281
58
74
89
201
382
446
277
185
LT Debt
3,843
5,087
6,617
6,101
6,420
5,605
6,036
6,079
7,276
7,500
7,662
7,729
7,820
8,658
9,514
12,199
13,726
Total Equity
16.18
14.87
- -
7.92
7.43
3.6
4.4
5.14
6.07
4.89
3.74
3.12
2.73
9.04
8.81
23.38
23.6
Return on Invested Capital (%)
18.42
21.68
- -
8.48
8.43
10.72
6.37
6.75
10.29
8.19
8.44
8.77
5.8
28.65
23.82
47.03
298.04
Return on Capital (%)
33.42
54.17
26.42
34.1
54.77
54.77
16.18
17.95
29.49
16.77
13.35
11.98
6.04
34.3
27.49
52.34
1,182.72
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Mar'24
Jun'25
Sep'25
ST Debt
398
- -
448
LT Borrowings
230
- -
143
LT Finance Leases
47
- -
42
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
277
- -
277
Market Capitalization
127,467
139,413
168,337

Working Capital

FRC

•

in mil. unless spec.
Mar'24
Jun'25
Sep'25
Total Current Assets
10,981
- -
11,748
Cash, Cash Equivalents & STI
2,289
- -
3,072
Accounts Receivable, Net
3,821
- -
3,813
Inventories
4,327
- -
4,584
Total Current Liabilities
3,961
- -
4,397
Payables & Accruals
- -
- -
- -
ST Debt
398
- -
448
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
8.42%
10.18%
28.21%
Free Cash Flow
201.56%
-202.52%
275.53%
Net Income, GAAP
79.03%
144.15%
184.72%
Sales/Revenue/Turnover
7.99%
16.01%
63.63%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
3,197
3,139
3,325
3,916
13,576
2024
4,674
5,566
5,993
5,982
22,215
2025
5,201
5,210
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
0.71
0.71
0.83
- -
3.56
2024
1.86
2.47
2.84
- -
10.13
2025
2.87
3.13
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
- -
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
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Business
HBL Engineering Limited, formerly HBL Power Systems Limited, manufactures specialized batteries, power electronics, railway signaling systems, defense electronics, and e-mobility solutions. The company produces lead-acid, nickel-cadmium, and lithium-ion batteries for telecommunications, UPS systems, electric vehicles, renewable energy storage, aerospace, and military applications; uninterruptible power supplies, inverters, rectifiers, and chargers for data centers, hospitals, solar, telecom, and railways; railway signaling electronics, train collision avoidance systems, centralized train control, train management systems, DC power systems, battery monitoring, and electric drive trains; energy storage systems, battery management systems, solar power solutions, and EV chargers; as well as electronic fuzes for ammunition, voltage regulators, and earth leakage monitors. HBL Engineering operates primarily in India with manufacturing facilities in Telangana and Andhra Pradesh, and maintains international presence through subsidiaries in Germany and the United States, serving transportation, oil and gas, power, telecom, defense, aviation, and stationary engine starting sectors. Founded in 1977 and headquartered in Hyderabad, India, the company is a subsidiary of Aluru Family Private Trust. In November 2024, HBL Power Systems changed its name to HBL Engineering Limited; it recently secured a Rs 1,522.4 crore order for TCAS installation across 2,200 locomotives and pursues expansions in Africa and Southeast Asia alongside acquisitions totaling approximately Rs 500 million to bolster technological capabilities.