India's Most Valuable Companies 2024 edition · Source: Hurun India
Rank#295- Valuation
- ₹18,730 Cr
2023 #446
HBL Engineering Limited - consumer electronics & durables in Hyderabad, Telangana, India. FY 2026 financials & compliance.
Active Listed - NSE: HBLENGINE · BSE: 517271 Public Limited Company consumer electronics and durables Nifty 500
Market Cap
₹22,451 Cr
HBLENGINE · NSE
Share Price
₹815.75
+0.72% today
Revenue
₹3,303 Cr
FY 2025-26 · +67.9% YoY
EBITDA
₹1,082 Cr
Margin 32.8%
Net Profit
₹838 Cr
FY 2025-26 · +201.8% YoY
P/E (TTM)
27.3x
P/B 9.9x
ROE
44.1%
ROCE 55.1%
Debt / Equity
0.04
Interest cover 1.4x
About HBL Engineering Limited
Data last updated:
HBL Engineering Limited is a public limited company based in Hyderabad, Telangana, India. It operates in the electronics manufacturing segment of the consumer electronics and durables sector. It was incorporated on 29 August 1986 and has been in existence for over 40 years.
HBL Engineering is part of the Nifty 500 and BSE 500 indices. Its director Jagadish Prasad Aluru and family are #295 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN L40109TG1986PLC006745. Its GSTIN is 36AAACH8421K1ZI (Telangana). The company holds 25 GST registrations, of which 23 are active. It is a listed company as per MCA records. Its shares are listed on BSE: 517271 and NSE: HBLENGINE.
The company has an authorised share capital of ₹30 Cr and a paid-up capital of ₹27.72 Cr. It was formerly known as Hbl Nife Power Systems Limited and Sab Nife Power Systems Limited. It is led by directors including Aluru Jagadish Prasad (Managing Director) and Kavita Prasad Aluru (Whole-Time Director).
Its last annual general meeting (AGM) was held on 25 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Hyderabad, Telangana.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹3,302.83 Cr, a growth of 67.9% compared to the previous year. For the same year it recorded a net profit of ₹838.02 Cr (net margin 25.4%) and EBITDA of ₹1,081.67 Cr (EBITDA margin 32.7%). The net worth stands at ₹2,214.24 Cr (up 49.3% YoY). Total assets are valued at ₹2,419.61 Cr (up 51.4% YoY).
The company has about 1,741 employees on its provident fund (EPFO) records. Its group structure includes 2 subsidiaries.
The company is associated with 2 brands: HBL Batteries and HBL Power Systems. As per MCA filings, the company has open charges of ₹623.47 Cr and satisfied charges of ₹2,676.15 Cr on record. Court records list 51 cases involving the company, including 27 filed by the company and 24 filed against it; 7 cases are pending. The company has 58 deals on record (52 market trades, 3 secondary share transfers, 3 funding rounds), with disclosed funding of ₹29.64 Cr; the latest was in November 2025. Its 3 peer companies in the Consumer Durables industry (Electronic Appliances Manufacturing), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment) are compared by revenue, 1 larger and 2 smaller; the largest is BSH Household Appliances Manufacturing Private Limited with revenue of ₹2,324.9 Cr. The company has 2 MSME Form 1 returns on record for the period ending Sep 2019, listing 4 overdue payments to 4 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website hbl.in.
Company details
CIN L40109TG1986PLC006745
Registration Number 006745
Incorporation Date 29 August 1986
ROC Hyderabad
Listing Status Listed - Listed on NSE (HBLENGINE); Listed on BSE (517271)
Company Status Active
Date of Last AGM 25 September 2025
Date of Balance Sheet 31 March 2026
Compliance Status Active Compliant
Name history
HBL Engineering has undergone 2 name changes throughout its history. The company was previously known as Hbl Nife Power Systems Limited, and Sab Nife Power Systems Limited. The current legal name is Hbl Engineering Limited.
| Company Name | Status |
|---|---|
| HBL Engineering Limited | Current |
| Hbl Nife Power Systems Limited | Previous |
| Sab Nife Power Systems Limited | Previous |
CIN history
HBL Engineering has one previous CIN (Corporate Identification Number): L40109AP1986PLC006745. The current CIN is L40109TG1986PLC006745, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L40109TG1986PLC006745 | Current |
| L40109AP1986PLC006745 | Previous |
Key People
Aluru Jagadish Prasad Managing Director Kavita Prasad Aluru Whole-Time Director Srinath Satyanarayana Subramanya Mikkilineni Whole-Time Director Recognitions & Rankings of HBL Engineering
India's Richest People 2026 edition · 1 director · Source: Hurun India
- #295 Jagadish Prasad Aluru & family ₹12,800 Cr
Stock market indices
Nifty 500 BSE 500
Contact details
HBL Engineering Limited's registered office is in Hyderabad, Telangana. Its website is hbl.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressH No. 8 – 2 – 601, Road No.10 Banjara Hills, Hyderabad, Telangana, India – 500034
- IndustryConsumer Electronics & Durables, Electronics Manufacturing
To see the full contact details of HBL Engineering Limited, buy the company report.
Comprehensive company report
HBL Engineering Limited - one report that includes everything
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
HBL Engineering operates two associated brands: HBL Batteries and HBL Power Systems. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturer of batteries, battery chargers, and energy storage solutions | hblbatteries.com | |
| Manufacturers of batteries and DC power systems | hbl.in |
Business activity
The main business activity of HBL Engineering is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of HBL Engineering Limited, buy the company report.
Financials of HBL Engineering Limited
FY 2025-26 filings availableHBL Engineering Limited reported revenue of ₹3,302.83 Cr (up 67.9% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · ConsolidatedRevenue
₹3,303 Cr
+67.9% YoY
EBITDA
₹1,082 Cr
+176.3% YoY
Profit After Tax
₹838 Cr
+201.8% YoY
Net Worth
₹2,214 Cr
+49.3% YoY
Total Assets
₹2,420 Cr
+51.4% YoY
Total Debt
₹66.87 Cr
-10.0% YoY
Revenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 3,303 | 1,967 | 2,233 | 1,369 | 1,236 | 912 | 1,092 |
| Revenue growth | +67.9% | -11.9% | +63.2% | +10.7% | +35.5% | -16.5% | - |
| EBITDA | 1,082 | 392 | 395 | 148 | 130 | 60.63 | 74.77 |
| EBITDA margin | +32.8% | +19.9% | +17.7% | +10.8% | +10.5% | +6.7% | +6.9% |
| Profit before tax | 1,092 | 374 | 377 | 130 | 122 | 19.42 | 40.09 |
| Net profit | 838 | 278 | 302 | 97.64 | 85.81 | 17.10 | 23.00 |
| Net profit margin | +25.4% | +14.1% | +13.5% | +7.1% | +6.9% | +1.9% | +2.1% |
| EPS (₹) | 29.40 | 9.99 | 10.13 | 3.56 | 3.39 | 0.50 | 0.95 |
| Balance sheet | |||||||
| Total assets | 2,420 | 1,598 | 1,320 | 1,040 | 930 | 854 | 936 |
| Net worth | 2,214 | 1,483 | 1,221 | 951 | 866 | 782 | 773 |
| Total debt | 66.87 | 74.29 | 67.46 | 86.02 | 62.61 | 69.94 | 161 |
| Cash & bank | 552 | 143 | 235 | 146 | 105 | 68.24 | 74.93 |
| Net working capital | 1,365 | 766 | 772 | 628 | 556 | 490 | 588 |
| Cash flow | |||||||
| Cash from operations | 738 | 247 | 270 | 122 | 62.47 | 121 | 149 |
| Cash from investing | (214) | (320) | (137) | (49.71) | (16.77) | (32.02) | (5.73) |
| Cash from financing | (113) | (33.37) | (42.27) | 9.56 | (22.32) | (104) | (114) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 638 | 604 | 874 | 1,223 | 602 | 476 | 451 | 521 |
| Revenue growth (YoY) | +6.0% | +27.0% | +94.0% | +134.7% | +15.7% | - | - | - |
| Other income | 20.56 | 13.03 | 10.54 | 15.78 | 19.64 | 6.83 | 1.54 | 12.42 |
| EBITDA | 147 | 71.35 | 301 | 520 | 189 | 78.40 | 93.52 | 109 |
| EBITDA margin | +23.0% | +11.8% | +34.5% | +42.5% | +31.4% | +16.5% | +20.8% | +20.8% |
| Depreciation | 12.43 | 14.64 | 12.29 | 12.16 | 11.54 | 10.91 | 11.19 | 11.26 |
| Interest | 5.41 | 2.29 | 2.59 | 3.46 | 6.35 | 3.69 | 4.65 | 2.79 |
| Profit before tax | 149 | 67.45 | 297 | 520 | 191 | 70.63 | 79.22 | 107 |
| Tax | 38.54 | 12.27 | 79.53 | 133 | 48.67 | 18.31 | 20.83 | 30.90 |
| Net profit | 111 | 55.18 | 218 | 387 | 142 | 52.32 | 58.39 | 76.01 |
| EPS (₹) | 3.95 | 2.32 | 7.95 | 13.96 | 5.16 | 1.66 | 2.31 | 3.13 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 3,252 | 1,946 | 2,209 | 1,350 | 1,222 | 909 | 1,077 |
| Revenue growth | +67.1% | -11.9% | +63.6% | +10.5% | +34.4% | -15.6% | - |
| EBITDA | 1,071 | 390 | 388 | 144 | 126 | 61.53 | 72.66 |
| EBITDA margin | +32.9% | +20.0% | +17.6% | +10.7% | +10.3% | +6.8% | +6.8% |
| Profit before tax | 1,068 | 362 | 355 | 126 | 118 | 19.44 | 37.64 |
| Net profit | 820 | 268 | 285 | 94.52 | 81.40 | 18.09 | 20.92 |
| Net profit margin | +25.2% | +13.8% | +12.9% | +7.0% | +6.7% | +2.0% | +1.9% |
| EPS (₹) | 28.74 | 9.65 | 9.52 | 3.45 | 3.23 | 0.53 | 0.87 |
| Balance sheet | |||||||
| Total assets | 2,331 | 1,560 | 1,294 | 1,039 | 935 | 863 | 942 |
| Net worth | 2,172 | 1,458 | 1,205 | 956 | 872 | 793 | 783 |
| Total debt | 55.15 | 62.55 | 55.75 | 81.48 | 60.64 | 67.44 | 158 |
| Cash & bank | 537 | 137 | 232 | 144 | 103 | 67.37 | 73.95 |
| Net working capital | 1,326 | 763 | 771 | 631 | 566 | 504 | 600 |
| Cash flow | |||||||
| Cash from operations | 713 | 235 | 285 | 122 | 60.98 | 113 | 147 |
| Cash from investing | (200) | (310) | (146) | (48.25) | (16.84) | (24.26) | (2.85) |
| Cash from financing | (110) | (32.78) | (47.49) | 8.41 | (21.81) | (103) | (114) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 620 | 597 | 864 | 1,203 | 588 | 460 | 455 | 520 |
| Revenue growth (YoY) | +5.4% | +29.9% | +90.0% | +131.2% | +15.0% | - | - | - |
| Other income | 20.43 | 12.28 | 10.60 | 15.86 | 19.65 | 7.45 | 1.53 | 12.31 |
| Total expenses | 481 | 525 | 563 | 690 | 402 | 383 | 360 | 411 |
| EBITDA | 139 | 72.01 | 300 | 514 | 185 | 77.14 | 95.04 | 109 |
| EBITDA margin | +22.4% | +12.1% | +34.8% | +42.7% | +31.6% | +16.8% | +20.9% | +21.0% |
| Depreciation | 11.72 | 13.89 | 11.70 | 11.57 | 10.94 | 10.65 | 10.63 | 10.73 |
| Interest | 5.14 | 2.05 | 2.31 | 3.18 | 6.05 | 3.37 | 4.34 | 2.47 |
| Profit before tax | 142 | 68.35 | 297 | 515 | 188 | 70.57 | 81.60 | 108 |
| Tax | 36.99 | 11.18 | 79.20 | 132 | 48.40 | 19.29 | 20.12 | 27.94 |
Financial Statements
Figures in ₹ Cr; negatives in brackets. Updated 29 Oct 2026
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 638 | 604 | 874 | 1,223 | 602 | 476 | 451 | 521 |
| Revenue growth (YoY) | +6.0% | +27.0% | +94.0% | +134.7% | +15.7% | - | - | - |
| Other income | 20.56 | 13.03 | 10.54 | 15.78 | 19.64 | 6.83 | 1.54 | 12.42 |
| EBITDA | 147 | 71.35 | 301 | 520 | 189 | 78.40 | 93.52 | 109 |
| EBITDA margin | +23.0% | +11.8% | +34.5% | +42.5% | +31.4% | +16.5% | +20.8% | +20.8% |
| Depreciation | 12.43 | 14.64 | 12.29 | 12.16 | 11.54 | 10.91 | 11.19 | 11.26 |
| Interest | 5.41 | 2.29 | 2.59 | 3.46 | 6.35 | 3.69 | 4.65 | 2.79 |
| Profit before tax | 149 | 67.45 | 297 | 520 | 191 | 70.63 | 79.22 | 107 |
| Tax | 38.54 | 12.27 | 79.53 | 133 | 48.67 | 18.31 | 20.83 | 30.90 |
| Net profit | 111 | 55.18 | 218 | 387 | 142 | 52.32 | 58.39 | 76.01 |
| EPS (₹) | 3.95 | 2.32 | 7.95 | 13.96 | 5.16 | 1.66 | 2.31 | 3.13 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 3,303 | 1,967 | 2,233 | 1,369 | 1,236 | 912 | 1,092 |
| Revenue growth | +67.9% | -11.9% | +63.2% | +10.7% | +35.5% | -16.5% | - |
| Other income | 75.40 | 39.51 | 35.64 | 23.61 | 34.87 | 12.31 | 28.27 |
| Total expenses | 2,221 | 1,576 | 1,838 | 1,220 | 1,106 | 851 | 1,017 |
| Employee cost | 202 | 160 | 139 | 107 | 96.31 | 81.42 | 89.56 |
| EBITDA | 1,082 | 392 | 395 | 148 | 130 | 60.63 | 74.77 |
| EBITDA margin | +32.8% | +19.9% | +17.7% | +10.8% | +10.5% | +6.7% | +6.9% |
| Depreciation | 50.63 | 44.19 | 41.26 | 35.46 | 35.08 | 38.81 | 40.75 |
| Interest | 14.69 | 13.02 | 12.94 | 6.55 | 7.48 | 14.71 | 22.20 |
| Profit before tax | 1,092 | 374 | 377 | 130 | 122 | 19.42 | 40.09 |
| Tax | 277 | 97.37 | 96.43 | 31.36 | 28.69 | 5.70 | 13.87 |
| Net profit | 838 | 278 | 302 | 97.64 | 85.81 | 17.10 | 23.00 |
| Net profit margin | +25.4% | +14.1% | +13.5% | +7.1% | +6.9% | +1.9% | +2.1% |
| EPS (₹) | 29.40 | 9.99 | 10.13 | 3.56 | 3.39 | 0.50 | 0.95 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 27.72 | 27.72 | 27.72 | 27.72 | 27.72 | 27.72 | 27.72 |
| Reserves & surplus | 2,187 | 1,455 | 1,193 | 924 | 838 | 754 | 745 |
| Shareholders' funds (net worth) | 2,214 | 1,483 | 1,221 | 951 | 866 | 782 | 773 |
| Minority interest | (0.76) | (0.42) | (0.68) | 0.00 | 0.01 | 0.00 | 0.00 |
| Secured loans | 8.64 | 25.07 | 40.33 | 49.40 | 31.06 | 28.57 | 126 |
| Unsecured loans | 58.23 | 49.22 | 27.13 | 36.62 | 31.55 | 41.37 | 35.22 |
| Total debt | 66.87 | 74.29 | 67.46 | 86.02 | 62.61 | 69.94 | 161 |
| Total liabilities | 2,420 | 1,598 | 1,320 | 1,040 | 930 | 854 | 936 |
| Assets | |||||||
| Gross block | 964 | 898 | 817 | 756 | 695 | 710 | 745 |
| Net block | 441 | 397 | 354 | 320 | 265 | 279 | 304 |
| Capital work in progress | 127 | 68.18 | 20.40 | 50.09 | 81.33 | 42.86 | 26.96 |
| Investments | 402 | 290 | 108 | 8.73 | 7.73 | 7.07 | 6.06 |
| Inventories | 562 | 534 | 433 | 336 | 307 | 290 | 304 |
| Sundry debtors | 646 | 373 | 352 | 312 | 293 | 254 | 305 |
| Cash & bank balances | 552 | 143 | 235 | 146 | 105 | 68.24 | 74.93 |
| Loans & advances | 124 | 88.46 | 78.05 | 77.92 | 43.84 | 48.29 | 58.01 |
| Total current assets | 1,884 | 1,138 | 1,098 | 872 | 748 | 660 | 742 |
| Total current liabilities | 520 | 372 | 326 | 244 | 192 | 170 | 155 |
| Net working capital | 1,365 | 766 | 772 | 628 | 556 | 490 | 588 |
| Total assets | 2,420 | 1,598 | 1,320 | 1,040 | 930 | 854 | 936 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 117 | 223 | 132 | 49.73 | 26.35 | 40.80 | 11.80 |
| Net cash from operating activities | 738 | 247 | 270 | 122 | 62.47 | 121 | 149 |
| Net cash from investing activities | (214) | (320) | (137) | (49.71) | (16.77) | (32.02) | (5.73) |
| Net cash from financing activities | (113) | (33.37) | (42.27) | 9.56 | (22.32) | (104) | (114) |
| Net change in cash | 411 | (107) | 91.45 | 82.28 | 23.38 | (14.45) | 29.01 |
| Closing cash | 552 | 143 | 235 | 146 | 105 | 68.24 | 74.93 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +67.9% | -11.9% | +63.2% | +10.7% | +35.5% | -16.5% | - |
| EBITDA growth | +176.3% | -1.0% | +166.8% | +13.9% | +114.6% | -18.9% | - |
| PBT growth | +192.0% | -0.8% | +190.3% | +6.1% | +530.2% | -51.6% | -6.4% |
| Net income growth | +201.8% | -8.0% | +208.9% | +13.8% | +401.8% | -25.7% | - |
| Revenue CAGR (3Y) | +34.1% | +16.8% | +34.8% | +7.8% | -0.8% | -17.1% | -8.3% |
| EBITDA CAGR (3Y) | +94.0% | +44.4% | +86.8% | +25.6% | +10.2% | -18.9% | -16.1% |
| Profitability & leverage | |||||||
| Net income margin | +24.7% | +14.1% | +12.6% | +7.2% | +7.6% | +1.5% | +2.4% |
| Return on capital employed | +55.1% | +26.5% | +33.0% | +13.8% | +14.6% | +4.4% | +5.9% |
| Return on net worth | +44.1% | +20.5% | +25.8% | +10.8% | +11.4% | +2.2% | +3.0% |
| Debt / equity | 0.04 | 0.05 | 0.07 | 0.08 | 0.08 | 0.15 | 0.26 |
| Long-term debt / equity | 0.01 | 0.02 | 0.03 | 0.05 | 0.04 | 0.02 | 0.01 |
| Interest cover | 1.42 | 3.75 | 3.65 | 5.81 | 7.87 | 67.42 | 65.26 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 3.55 | 2.29 | 2.84 | 1.89 | 1.76 | 1.25 | 1.46 |
| Inventory turnover | 6.03 | 4.07 | 5.81 | 4.26 | 4.14 | 3.07 | 3.47 |
| Debtors turnover | 6.48 | 5.42 | 6.72 | 4.53 | 4.53 | 3.26 | 3.27 |
| EPS (₹) | 29.40 | 9.99 | 10.13 | 3.56 | 3.39 | 0.50 | 0.95 |
| Dividend per share (₹) | 3.00 | 1.00 | 0.50 | 0.45 | 0.40 | 0.35 | 0.30 |
| Book value per share (₹) | 79.88 | 53.49 | 44.03 | 34.32 | 31.23 | 28.21 | 27.88 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 620 | 597 | 864 | 1,203 | 588 | 460 | 455 | 520 |
| Revenue growth (YoY) | +5.4% | +29.9% | +90.0% | +131.2% | +15.0% | - | - | - |
| Other income | 20.43 | 12.28 | 10.60 | 15.86 | 19.65 | 7.45 | 1.53 | 12.31 |
| Total expenses | 481 | 525 | 563 | 690 | 402 | 383 | 360 | 411 |
| EBITDA | 139 | 72.01 | 300 | 514 | 185 | 77.14 | 95.04 | 109 |
| EBITDA margin | +22.4% | +12.1% | +34.8% | +42.7% | +31.6% | +16.8% | +20.9% | +21.0% |
| Depreciation | 11.72 | 13.89 | 11.70 | 11.57 | 10.94 | 10.65 | 10.63 | 10.73 |
| Interest | 5.14 | 2.05 | 2.31 | 3.18 | 6.05 | 3.37 | 4.34 | 2.47 |
| Profit before tax | 142 | 68.35 | 297 | 515 | 188 | 70.57 | 81.60 | 108 |
| Tax | 36.99 | 11.18 | 79.20 | 132 | 48.40 | 19.29 | 20.12 | 27.94 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 3,252 | 1,946 | 2,209 | 1,350 | 1,222 | 909 | 1,077 |
| Revenue growth | +67.1% | -11.9% | +63.6% | +10.5% | +34.4% | -15.6% | - |
| Other income | 58.46 | 26.30 | 18.93 | 22.41 | 33.90 | 10.83 | 27.10 |
| Total expenses | 2,181 | 1,557 | 1,821 | 1,205 | 1,095 | 847 | 1,004 |
| Employee cost | 248 | 170 | 150 | 104 | 94.93 | 78.61 | 86.81 |
| EBITDA | 1,071 | 390 | 388 | 144 | 126 | 61.53 | 72.66 |
| EBITDA margin | +32.9% | +20.0% | +17.6% | +10.7% | +10.3% | +6.8% | +6.8% |
| Depreciation | 48.10 | 42.44 | 39.41 | 34.31 | 34.67 | 38.43 | 40.25 |
| Interest | 13.59 | 11.76 | 12.42 | 6.23 | 7.27 | 14.49 | 21.87 |
| Profit before tax | 1,068 | 362 | 355 | 126 | 118 | 19.44 | 37.64 |
| Tax | 271 | 94.16 | 91.38 | 30.79 | 28.76 | 4.87 | 13.56 |
| Net profit | 820 | 268 | 285 | 94.52 | 81.40 | 18.09 | 20.92 |
| Net profit margin | +25.2% | +13.8% | +12.9% | +7.0% | +6.7% | +2.0% | +1.9% |
| EPS (₹) | 28.74 | 9.65 | 9.52 | 3.45 | 3.23 | 0.53 | 0.87 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 27.72 | 27.72 | 27.72 | 27.72 | 27.72 | 27.72 | 27.72 |
| Reserves & surplus | 2,145 | 1,431 | 1,178 | 928 | 844 | 765 | 755 |
| Shareholders' funds (net worth) | 2,172 | 1,458 | 1,205 | 956 | 872 | 793 | 783 |
| Secured loans | 0.51 | 16.20 | 31.85 | 47.29 | 30.63 | 27.75 | 125 |
| Unsecured loans | 54.64 | 46.35 | 23.90 | 34.19 | 30.01 | 39.69 | 32.98 |
| Total debt | 55.15 | 62.55 | 55.75 | 81.48 | 60.64 | 67.44 | 158 |
| Total liabilities | 2,331 | 1,560 | 1,294 | 1,039 | 935 | 863 | 942 |
| Assets | |||||||
| Gross block | 944 | 878 | 789 | 732 | 685 | 708 | 742 |
| Net block | 427 | 384 | 345 | 317 | 263 | 277 | 301 |
| Capital work in progress | 127 | 68.18 | 17.99 | 49.22 | 80.63 | 42.86 | 26.96 |
| Investments | 366 | 266 | 93.25 | 8.09 | 5.14 | 3.45 | 3.43 |
| Inventories | 551 | 521 | 429 | 331 | 302 | 284 | 303 |
| Sundry debtors | 657 | 386 | 356 | 324 | 308 | 274 | 317 |
| Cash & bank balances | 537 | 137 | 232 | 144 | 103 | 67.37 | 73.95 |
| Loans & advances | 124 | 87.60 | 76.67 | 76.08 | 43.30 | 47.94 | 57.84 |
| Total current assets | 1,869 | 1,131 | 1,094 | 875 | 755 | 673 | 752 |
| Total current liabilities | 543 | 368 | 322 | 243 | 189 | 169 | 152 |
| Net working capital | 1,326 | 763 | 771 | 631 | 566 | 504 | 600 |
| Total assets | 2,331 | 1,560 | 1,294 | 1,039 | 935 | 863 | 942 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 113 | 221 | 130 | 47.80 | 25.48 | 39.82 | 9.40 |
| Net cash from operating activities | 713 | 235 | 285 | 122 | 60.98 | 113 | 147 |
| Net cash from investing activities | (200) | (310) | (146) | (48.25) | (16.84) | (24.26) | (2.85) |
| Net cash from financing activities | (110) | (32.78) | (47.49) | 8.41 | (21.81) | (103) | (114) |
| Net change in cash | 402 | (108) | 90.62 | 82.16 | 22.32 | (14.34) | 30.42 |
| Closing cash | 537 | 137 | 232 | 144 | 103 | 67.37 | 73.95 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +67.1% | -11.9% | +63.6% | +10.5% | +34.4% | -15.6% | - |
| EBITDA growth | +175.0% | +0.4% | +168.7% | +14.5% | +105.1% | -15.3% | - |
| PBT growth | +195.3% | +1.8% | +181.2% | +6.9% | +507.9% | -48.4% | -6.0% |
| Net income growth | +205.3% | -5.7% | +201.0% | +16.1% | +350.0% | -13.5% | - |
| Revenue CAGR (3Y) | +34.1% | +16.8% | +34.4% | +7.8% | -1.1% | -17.1% | -8.5% |
| EBITDA CAGR (3Y) | +95.0% | +45.6% | +84.8% | +25.7% | +9.7% | -18.5% | -16.0% |
| Profitability & leverage | |||||||
| Net income margin | +24.5% | +13.8% | +11.9% | +7.1% | +7.3% | +1.6% | +2.2% |
| Return on capital employed | +55.6% | +26.2% | +31.5% | +13.4% | +14.0% | +4.4% | +5.6% |
| Return on net worth | +43.9% | +20.1% | +24.4% | +10.5% | +10.7% | +2.3% | +2.7% |
| Debt / equity | 0.03 | 0.04 | 0.06 | 0.08 | 0.08 | 0.14 | 0.25 |
| Long-term debt / equity | 0.01 | 0.01 | 0.03 | 0.04 | 0.03 | 0.02 | 0.01 |
| Interest cover | 1.33 | 3.39 | 3.56 | 5.66 | 7.94 | 62.73 | 67.48 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 3.57 | 2.33 | 2.90 | 1.90 | 1.75 | 1.25 | 1.45 |
| Inventory turnover | 6.07 | 4.10 | 5.81 | 4.27 | 4.18 | 3.10 | 3.46 |
| Debtors turnover | 6.24 | 5.25 | 6.50 | 4.28 | 4.20 | 3.08 | 3.09 |
| EPS (₹) | 28.74 | 9.65 | 9.52 | 3.45 | 3.23 | 0.53 | 0.87 |
| Dividend per share (₹) | 3.00 | 1.00 | 0.50 | 0.45 | 0.40 | 0.35 | 0.30 |
| Book value per share (₹) | 78.37 | 52.61 | 43.48 | 34.48 | 31.46 | 28.61 | 28.24 |
To see the full year-wise statements and ratios of HBL Engineering Limited, buy the company report.
Board of directors of HBL Engineering Limited
HBL Engineering has 8 current directors and 25 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kavita Prasad Aluru Also directs: Beaver Technologies Private Limited, Green Maritime Propulsion Private Limited, Torquedrive Technologies Private Limited and 5 more | Whole-Time Director | 10 Aug 2018 | 8 Years 2 Months | Current |
| Venkata Sriram Karipineni | Director | 07 Feb 2018 | 8 Years 8 Months | Current |
| Richa Datta | Director | 15 Mar 2018 | 8 Years 7 Months | Current |
| Aluru Jagadish Prasad Also directs: Beaver Technologies Private Limited | Managing Director | 01 Jun 2008 | 18 Years 4 Months | Current |
| Deeksha Mikkilineni Also directs: Kautilya Cybersecurity Technology Private Limited | Director | 11 Aug 2023 | 3 Years 2 Months | Current |
| Narsing Rao Singayapally Also directs: Kaveri Seed Company Ltd., SVLN Farm Fields Private Limited, Biological E. Limited and 2 more | Director | 07 Feb 2024 | 2 Years 8 Months | Current |
Showing 6 of 8 current directors. View all directors
Peer comparison
HBL Engineering Limited is compared with the 3 companies closest to it by revenue in the Consumer Durables industry (Electronic Appliances Manufacturing), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| HBL Engineering Limitedthis company | ₹3,302.83 Cr (FY 2026) | ₹838.02 Cr | 25.4% | 67.9% | 1,741 | Hyderabad, Telangana, India |
| BSH Household Appliances Manufacturing Private Limited | ₹2,324.9 Cr (FY 2025) | 12.0% | Mumbai, Maharashtra, India | |||
| GM Modular Private Limited | ₹1,931.38 Cr (FY 2025) | -7.0% | Mumbai, Maharashtra, India | |||
| Clarion India Private Limited | ₹1,728.39 Cr (FY 2025) | 28.0% | Pune, Maharashtra, India |
To see the full peer comparison of HBL Engineering Limited, buy the company report.
Auditor
HBL Engineering Limited is audited by RAO AND KUMAR for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAO AND KUMAR | FY 2023 | 03089S |
Shareholding
Shareholding for the quarter ended Sep 2026: promoters hold 59.10%, foreign institutional investors hold 5.60%, domestic institutional investors hold 1.00% and retail and other public shareholders hold 34.30%.
Sep 2026
QUARTER
59.10% Promoters
1.00% DII (Domestic Institutional)
5.60% FII (Foreign Institutional)
34.30% Retail & Others
Promoter holding - history
Now 59.10% · Sep 2026High 59.10% · Dec 2025Low 59.10% · Dec 2025
Shareholding trend - last 6 quarters
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 59.10% | 59.10% | 59.10% | 59.10% |
| Public | 40.90% | 40.90% | 40.90% | 40.90% |
Charges & borrowings
Open charges
₹623.47 Cr
Satisfied charges
₹2,676.15 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Apr 2025 | 101085148 | Hdfc Bank Limited | ₹12.5 Lakh | Open | |
| 19 Mar 2025 | 101071057 | Hdfc Bank Limited | ₹9.75 Lakh | Open | |
| 27 Feb 2025 | 101057560 | Hdfc Bank Limited | ₹9.75 Lakh | Open | |
| 06 Nov 2024 | 101002418 | Hdfc Bank Limited | ₹7.91 Lakh | Open | |
| 24 Nov 2023 | 100824848 | Hdfc Bank Limited | ₹15 Lakh | Open |
To see the full charge records of HBL Engineering Limited, buy the company report.
Total charge records: 95 View all charges
Deals & funding
HBL Engineering Limited has 58 deals on record (52 market trades, 3 secondary share transfers, 3 funding rounds), with disclosed funding of ₹29.64 Cr; the latest was in November 2025.
Total deals
58
Market trades
52
Secondary share transfers
3
Funding rounds
3
Disclosed funding
₹29.64 Cr
Deals on record (5 of 58)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2025 | Market trade | ₹185.53 Cr | Buyer: Graviton Research Capital LLP Seller: Graviton Research Capital LLP |
| Aug 2025 | Market trade | ₹158.98 Cr | Buyer: Graviton Research Capital LLP Seller: Graviton Research Capital LLP |
| Jul 2025 | Market trade | ₹96.87 Cr | Buyer: Graviton Research Capital LLP Seller: Graviton Research Capital LLP |
| Apr 2025 | Market trade | ₹225.38 Cr | Buyer: Graviton Research Capital LLP , Qe Securities LLP Seller: Graviton Research Capital LLP , Qe Securities LLP |
| Mar 2025 | Market trade | ₹97.58 Cr | Buyer: Graviton Research Capital LLP Seller: Graviton Research Capital LLP |
To see the full deal history of HBL Engineering Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
HBL Engineering Limited has 51 court cases on record: 27 filed by HBL Engineering, 24 filed against it. 7 cases are pending and 44 are disposed.
Total cases
51
Filed by the company
27
Filed against the company
24
Pending
7
Disposed
44
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 32 | 8 | 5 |
| District courts | 17 | 14 | 2 |
| Supreme Court | 2 | 2 | 0 |
Cases on record (5 of 51)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Rangareddy, Telangana | Court case (COS) | Filed against the company by Sei Tejas Private Limited | Pending |
| District court, Shahdara, Delhi | Execution petition | Filed against the company by Ultra Mega Power Pvt Ltd | Disposed |
| High Court, ANDHRAPRADESH | Writ petition | Filed by the company against Eastern Power Distribution Company of Andhra Pradesh Ltd., and 1 other | Disposed |
| District court, South, Delhi | Commercial suit | Filed against the company by Ultra Mega Power Pvt Ltd | Disposed |
| High Court | Court case (Review.Pet.) | Filed against the company by Assam Industrial Development Corporation Ltd | Disposed |
To see the full case history of HBL Engineering Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
HBL Engineering Limited was last rated by Care on 06 Oct 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 06 Oct 2021 |
To see the full credit ratings and regulatory alerts of HBL Engineering Limited, buy the company report.
MSME payment delays
HBL Engineering Limited has 2 MSME Form 1 returns on record for the period ending Sep 2019, listing 4 overdue payments to 4 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (4 of 4)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Yash Pigments LLP | |||
| ZSL Private Limited | |||
| Miki Steel Works Private Limited | |||
| Balaji Laminators |
To see the full MSME payment records of HBL Engineering Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
HBL Engineering has 2 subsidiary companies and 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
2
Subsidiary companies
1
Associated companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| Torquedrive Technologies Private Limited | U29100TG2021PTC148083 | |
| Scil Infra Con Private Limited | U45400TG2007PTC054295 |
To see the full group structure of HBL Engineering Limited, buy the company report.
Employees & EPFO
HBL Engineering Limited has a workforce of 1,741 employees on its EPFO records as of Apr 10, 2024, across 3 active EPFO establishments.
Employee count
1,741
Active EPFO establishments
3
Employee growth
6.74%
GST
HBL Engineering has 25 GST registrations: 23 active and 2 cancelled or inactive. The first 4 active GSTINs are listed below.
Total GSTINs
25
Active
23
Cancelled / inactive
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAACH8421K1ZI | Telangana | Active | 01 Jul 2017 |
| 36AAACH8421K2ZH | Telangana | Active | 13 Jun 2018 |
| 01AAACH8421K1ZV | Jammu and Kashmir | Active | 01 Jul 2017 |
| 03AAACH8421K1ZR | Punjab | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of HBL Engineering Limited, buy the company report.
Recent activity
HBL Engineering Limited has 49 board changes on record since 2003: 29 appointments and 20 cessations. The latest: Ganapati Rao Poruri ceased to be Director on 13 Nov 2024.
Charges
A charge registered on 16 May 2023 via Charge ID 100748146 with Hdfc Bank Limited was fully satisfied on 21 May 2026.
Charges
A charge registered on 06 May 2023 via Charge ID 100726365 with Hdfc Bank Limited was fully satisfied on 21 May 2026.
Charges
A charge registered on 20 Sep 2023 via Charge ID 100791168 with Idbi Trusteeship Services Limited was fully satisfied on 15 Apr 2026.
Charges
A charge registered on 04 Apr 2023 via Charge ID 100706718 with Hdfc Bank Limited was fully satisfied on 15 Apr 2026.
Charges
A charge registered on 10 Mar 2023 via Charge ID 100694116 with Axis Bank Limited was fully satisfied on 15 Apr 2026.
Filing
Hbl Engineering Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Hyderabad.
Charges
A charge with Idbi Trusteeship Services Limited of Rs. 622.00 Cr registered on 10 Jun 2020 with Charge ID 100346386 was modified on 26 Mar 2026.
Charges
A charge registered on 02 Mar 2023 via Charge ID 100691950 with Hdfc Bank Limited was fully satisfied on 24 Mar 2026.
Charges
A charge registered on 11 Feb 2025 via Charge ID 101059815 with Others was fully satisfied on 17 Jan 2026.
Charges
A charge registered on 12 Mar 2025 via Charge ID 101068440 with Axis Bank Limited was fully satisfied on 07 Jan 2026.
Charges
A charge registered on 22 Dec 2022 via Charge ID 100658565 with Hdfc Bank Limited was fully satisfied on 06 Jan 2026.
Charges
A charge registered on 21 Dec 2022 via Charge ID 100658562 with Hdfc Bank Limited was fully satisfied on 06 Jan 2026.
254 earlier events are in the company report.
News
Frequently asked questions
HBL Engineering is an active public limited company based in Hyderabad, Telangana, India. The company works in electronics manufacturing, within the consumer electronics and durables industry. It was incorporated on 29 August 1986 (40+ years old) and is registered under CIN L40109TG1986PLC006745. Listed on BSE: 517271 and NSE: HBLENGINE.
HBL Engineering reported revenue of ₹3,302.83 Cr for FY 2025-26 (up 67.9% YoY) based on consolidated financials.
HBL Engineering has 8 current directors:
- Aluru Jagadish Prasad - Managing Director
- Kavita Prasad Aluru - Whole-Time Director
- Srinath Satyanarayana Subramanya Mikkilineni - Whole-Time Director
- Venkata Sriram Karipineni - Director
- Richa Datta - Director
- Deeksha Mikkilineni - Director
- Narsing Rao Singayapally - Director
- Aparna Surabhi - Director
The latest financial statements of HBL Engineering on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 25 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of HBL Engineering is 36AAACH8421K1ZI, registered in Telangana. The company has 25 GST registrations in all, of which 23 are active and 2 are cancelled or inactive. Other active GSTINs include 36AAACH8421K2ZH (Telangana), 01AAACH8421K1ZV (Jammu and Kashmir), 03AAACH8421K1ZR (Punjab).
The CIN (Corporate Identification Number) of HBL Engineering is L40109TG1986PLC006745. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. HBL Engineering is a listed company as per MCA records. Its shares are listed on both BSE (code: 517271) and NSE (symbol: HBLENGINE).
HBL Engineering has 51 court cases on record: 27 filed by the company and 24 filed against it. 7 are pending. Most are in the high courts.
HBL Engineering was incorporated on 29 August 1986, making it 40+ years old. It is registered with the Registrar of Companies, Hyderabad.
HBL Engineering has 58 deals on record (52 market trades, 3 secondary share transfers, 3 funding rounds), with disclosed funding of ₹29.64 Cr; the latest was in November 2025.
The peers of HBL Engineering by revenue are BSH Household Appliances Manufacturing Private Limited, GM Modular Private Limited, Clarion India Private Limited, all in the Consumer Durables industry (Electronic Appliances Manufacturing), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Ganapati Rao Poruri ceased to be Director on 13 Nov 2024. Preeti Khandelwal ceased to be Director on 13 Nov 2024. Advay Bhagirath Mikkilineni ceased to be Director on 04 Nov 2024. HBL Engineering has 49 board changes on record in total.