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Business Standard
15-06-2025
- Automotive
- Business Standard
HBL Engineering bags ₹132.95 cr railway contract for Kavach safety system
Hyderabad-based company HBL Engineering Limited, formerly known as HBL Power Systems Limited, has secured a significant contract valued at ₹132.95 crore from South Central Railway for the deployment of the indigenously developed Kavach safety system. The project consists of implementation of the Kavach safety system across the Vijayawada–Ballarshah section, marking a major step forward in enhancing railway safety and accident prevention in the region. The contract covers installation of Kavach over a 446-kilometre stretch, across 48 stations and 10 locomotives. The project is expected to be completed within 18 months, according to a stock exchange filing. Kavach, an automatic train protection system developed in India, aims to reduce the risk of signal passing at danger (SPAD) and collisions. It is part of Indian Railways' broader push to enhance safety through advanced technology and indigenous innovation. The total accumulated order book of the company, as mentioned in the disclosure, stands at ₹3,998.38 crore. Q4 results The fourth quarter net profit of the company declined 20 per cent to ₹52.32 crore in the financial year 2024–25. The company had reported a profit of ₹65.53 crore in the same quarter last year. Revenue from operations stood at ₹475.57 crore in Q4 FY25, a 22 per cent decline from last year's Q4 revenue of ₹610.08 crore. In terms of segment-wise revenue, the steepest decline was recorded in the electronics segment. Revenue from electronics fell 65.51 per cent to ₹57.96 crore in Q4 FY25, compared to ₹168.08 crore in the same quarter last year. The industrial batteries segment remained the highest revenue generator, posting ₹355.59 crore in Q4 FY25, against ₹364.98 crore in Q4 FY24. Revenue from the Defence & Aviation Batteries segment declined 26.85 per cent to ₹46.13 crore, compared to ₹63.08 crore in the same quarter last year.
Business Upturn
27-05-2025
- Business
- Business Upturn
HBL Engineering wins Rs 101.55 crore Kavach contract from IRCON
By Aman Shukla Published on May 27, 2025, 16:34 IST HBL Engineering Limited (formerly HBL Power Systems Limited) has received a Letter of Acceptance from IRCON International Limited for the implementation of the Kavach system, an indigenous Automatic Train Protection (ATP) technology. The awarded project covers the Bangalore and Mysore divisions of South Western Railway. The contract includes the provision of Kavach across 85 railway stations, covering a total route length of 778 kilometers and installation on two locomotives. The total contract value is Rs. 101.55 crores, inclusive of 18% GST. The project is expected to be completed within a period of 18 months. This order adds to HBL Engineering's growing order book, which now stands at Rs. 3,865.43 crores. The contract is domestic in nature, and there is no involvement or interest from the company's promoters, promoter group, or group companies. The transaction does not fall under the category of related party transactions and has been executed on an arm's length basis. 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
