Latest news with #HBLEngineering
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Business Standard
28-05-2025
- Business
- Business Standard
₹102-crore order lifts HBL Engineering share price 3%; key details inside
HBL Engineering share price: Battery and engineering solutions and services provider HBL Engineering shares rose up to 2.65 per cent to hit an intraday high of ₹579 per share. At 9:51 AM, HBL Engineering share price was trading 1.77 per cent higher at ₹574 per share. In comparison, Nifty50 was trading 0.21 per cent lower at 24,772.85 level. Why did HBL Engineering share price rise in trade today? HBL Engineering share price rose after the company announced that it has secured an order worth ₹101.55 crore from IRCON International. In an exchange filing, HBL Engineering said, 'IRCON International has issued letter of acceptances to HBL for provision of the Kavach in Bangalore and Mysore divisions of South Western Railway, across 85 stations covering 778 Kms and 2 (Two) locomotives.' According to the order details, the company will be responsible for 85 stations, covering 778 Kms and 2 (two) locomotives. The company said that the time allotted to complete the contract is 18 months. HBL Engineering Q4 results HBL Engineering reported a 44 per cent year-on-year (Y-o-Y) decline in consolidated net profit for the fourth quarter ended March 2025 (Q4FY25), coming in at ₹45 crore compared to ₹81 crore in the same period last year. Revenue from operations also saw a sharp drop, falling 22 per cent Y-o-Y to ₹475.57 crore from ₹610.08 crore in Q4FY24. About HBL Engineering HBL Engineering Limited, formerly known as HBL Power Systems Limited, is a diversified Indian engineering company with a strong focus on specialised batteries, power electronics, and spun concrete products. The company rebranded in November 2024 to reflect its broader engineering capabilities beyond power systems. ALSO READ | Founded in 1988 as a joint venture between A J Prasad and Nife, Sweden, HBL Engineering has grown into a key player in India's high-technology and engineering-intensive sectors, serving a wide array of industries including defense, aviation, railways, and telecommunications. The company's core business segments include the manufacturing of advanced batteries—such as lead-acid, nickel-cadmium, silver-zinc, and lithium variants—alongside cutting-edge power electronics and railway signaling solutions. HBL is also active in the construction sector through its spun concrete products and has made strides in electric mobility with electric drivetrain kits and EV chargers.
Business Standard
27-05-2025
- Business
- Business Standard
HBL Engineering bags LoA for Kavach projects worth Rs 101 crore
HBL Engineering said that it has received letter of acceptances (LoA) from IRCON International for provision of the Kavach in Bangalore and Mysore divisions of South Western Railway, across 85 stations covering 778 kilometers and two locomotives. The contract has to be executed within a period of 18 months. The total value of the contract is Rs 101.55 crore. HBL Engineering (formerly known as HBL Power Systems) manufactures different types of batteries, including lead acid, nicad, silver zinc, lithium, and railway & defence electronics and other products. The company reported a consolidated net profit of Rs 64.61 crore in Q3 FY25, down 18.3% compared with Rs 79.04 crore in Q3 FY24. Revenue from operations fell 24.8% YoY to Rs 450.56 crore in Q3 FY25. The scrip had gained 1.59% to end at Rs 563.90 on the BSE today.
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Business Standard
26-05-2025
- Business
- Business Standard
HBL Engineering slumps 6% after posting weak Q4 results; PAT down 44% YoY
HBL Engineering share price slipped 5.8 per cent in trade on Monday, May 26, 2025, logging an intraday low at ₹542.2 per share on BSE. The selling on the counter came after the company posted weak Q4 numbers. At 12:52 PM, HBL Engineering shares were down 2.84 per cent at ₹559.45 per share on the BSE. In comparison, the BSE Sensex was up 0.45 per cent at 82,085.39. The market capitalisation of the company stood at ₹15,550.64 crore. The 52-week high of the stock was at ₹738.65 per share and the 52-week low of the stock was at ₹404.3 per share. HBL Engineering Q4 results 2025 The company released its fourth quarter (Q4FY25) numbers on Saturday. The company's consolidated net profit decreased 44 per cent year-on-year (Y-o-Y) to ₹45 crore in Q4FY25, from ₹81 crore a year ago. The company's income from operations slipped 22 per cent Y-o-Y to ₹475.57 crore, from ₹610.08 crore a year ago. Recently, the company informed the stock exchanges that it received approval from the Research Designs and Standards Organisation (RDSO) for Version 4.0 of the Kavach Systems. HBL Engineering is the first ever company to receive such approval, it said in the filing. It added that the firm can begin deliveries of the latest version of the Kavach System against a total accumulated order book of ₹3,763.83 crore. These contracts will be completed within 24 months, it said. What is the Kavach System? Kavach is an automatic train protection system for enhancing the safety of running trains. It has been developed indigenously by the RDSO in association with three Indian vendors. Kavach not only helps locopilots avoid signal-passing but also helps in train running during inclement weather, such as dense fog, leading to enhanced safety and efficiency of operations. About HBL Engineering HBL Engineering specialises in designing, manufacturing, and supplying a wide range of power solutions. Founded in 1977, the company has earned recognition in various industries, including telecommunications, defence, energy, railways, and renewable energy. HBL is particularly known for its expertise in providing backup power solutions, such as batteries, inverters, and energy storage systems. The company's products are widely used in mission-critical applications where reliable power is essential.
Business Upturn
26-05-2025
- Business
- Business Upturn
HBL Engineering shares drop over 4% as Q4 EBITDA falls 40.7% YoY to Rs 78 crore
By Aman Shukla Published on May 26, 2025, 09:30 IST HBL Engineering shares fell over 4% in morning trade on Monday after the company reported disappointing Q4 FY25 results. As of 9:28 AM, the shares were trading 4.20% higher at Rs 551.90. The engineering major saw its net profit decline 23.3% year-on-year to ₹51.3 crore, compared to ₹70.6 crore in the same quarter last year. Revenue for the January-March period slipped 24% to ₹459.8 crore, down from ₹604.3 crore in the corresponding quarter of the previous fiscal. The decline in top-line performance raised concerns among investors, leading to a sharp drop in the stock price. HBL Engineering's EBITDA stood at ₹78 crore for the quarter, a steep 40.7% fall from ₹131.4 crore in Q4 FY24. This decline in operating profitability reflects challenges in cost management and demand slowdown. The EBITDA margin also shrank to 16.94%, compared to 21.74% a year ago, signaling weaker operational efficiency. Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information. Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at
Business Standard
24-05-2025
- Business
- Business Standard
HBL Engineering consolidated net profit declines 44.80% in the March 2025 quarter
Sales decline 22.05% to Rs 475.58 crore Net profit of HBL Engineering declined 44.80% to Rs 44.96 crore in the quarter ended March 2025 as against Rs 81.45 crore during the previous quarter ended March 2024. Sales declined 22.05% to Rs 475.58 crore in the quarter ended March 2025 as against Rs 610.09 crore during the previous quarter ended March 2024. For the full year,net profit declined 1.41% to Rs 276.92 crore in the year ended March 2025 as against Rs 280.89 crore during the previous year ended March 2024. Sales declined 11.92% to Rs 1967.20 crore in the year ended March 2025 as against Rs 2233.36 crore during the previous year ended March 2024. Particulars Quarter Ended Year Ended Mar. 2025 Mar. 2024 % Var. Mar. 2025 Mar. 2024 % Var. Sales 475.58610.09 -22 1967.202233.36 -12 OPM % 16.7121.55 - 19.9318.96 - PBDT 82.63133.86 -38 405.11428.43 -5 PBT 71.72122.97 -42 360.92387.17 -7 NP 44.9681.45 -45 276.92280.89 -1
