HBL Engineering Limited (IN:HBLENGINE)
:HBLENGINE
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HBL Engineering Limited
(HBLENGINE)
Select Model
Select Model
Rating:51Neutral
Price Target:
₹679.00
▼(-12.20% Downside)
Action:N/ADate:02/11/26
The score is held back primarily by FY2025 cash-flow deterioration and the revenue decline despite reported profitability, which raises earnings-quality risk. Technical signals are also weak with negative MACD and price below key moving averages. A strong, low-debt balance sheet and a modest dividend support the score but do not fully offset the cash conversion concerns.
Positive Factors
Low leverage / strong balance sheet
Extremely low leverage provides durable financial flexibility: the company can fund working-capital needs, capex or strategic initiatives without heavy borrowing. This reduces default risk and interest expense sensitivity, supporting stability across economic cycles.
Negative Factors
FY2025 cash-flow collapse
A near-total collapse in operating and free cash flow is a material structural risk: it constrains organic investment, dividend capacity and raises reliance on financing. Persistent weak cash conversion can force asset sales, debt issuance, or curtailed growth investments.
Read all positive and negative factors
Positive Factors
Negative Factors
Low leverage / strong balance sheet
Extremely low leverage provides durable financial flexibility: the company can fund working-capital needs, capex or strategic initiatives without heavy borrowing. This reduces default risk and interest expense sensitivity, supporting stability across economic cycles.
Read all positive factors
HBL Engineering Limited (HBLENGINE) vs. iShares MSCI India ETF (INDA)
Market Cap
₹199.33B
Dividend Yield0.11%
Average Volume (3M)101.38K
Price to Earnings (P/E)29.1
Beta (1Y)1.62
Revenue GrowthN/A
EPS GrowthN/A
CountryIN
Employees2,152
SectorEnergy
Sector Strength52
IndustryElectrical Equipment & Parts
Share Statistics
EPS (TTM)7.96
Shares Outstanding277,194,950
10 Day Avg. Volume142,427
30 Day Avg. Volume101,384
Financial Highlights & Ratios
PEG Ratio0.00
Price to Book (P/B)9.57
Price to Sales (P/S)7.26
P/FCF Ratio12.99K
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)17.74
Revenue Forecast (FY)₹35.12B
HBL Engineering Limited Business Overview & Revenue Model
Company Description
HBL Engineering Limited manufactures and sells batteries and other products in India and internationally. It operates through Industrial batteries, Defense and Aviation batteries, and Electronics segments. The company offers lead acid batteries, n...
How the Company Makes Money
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HBL Engineering Limited Financial Statement Overview
Summary
Income Statement
62
Positive
Balance Sheet
82
Very Positive
Cash Flow
28
Negative
| Breakdown | TTM | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 16.85B | 19.54B | 22.33B | 13.69B | 12.13B | 8.94B |
| Gross Profit | 7.44B | 62.86M | 8.74B | 5.36B | 3.19B | 2.16B |
| EBITDA | 6.29B | 4.25B | 4.23B | 1.70B | 1.64B | 716.04M |
| Net Income | 4.32B | 2.77B | 2.81B | 986.53M | 939.02M | 137.27M |
Balance Sheet | ||||||
| Total Assets | 26.77B | 19.79B | 16.54B | 12.94B | 11.33B | 10.36B |
| Cash, Cash Equivalents and Short-Term Investments | 3.41B | 2.03B | 2.29B | 1.56B | 896.00M | 531.04M |
| Total Debt | 872.40M | 742.95M | 674.62M | 860.21M | 626.07M | 699.43M |
| Total Liabilities | 6.92B | 4.97B | 4.34B | 3.43B | 2.67B | 2.54B |
| Stockholders Equity | 19.85B | 14.83B | 12.21B | 9.51B | 8.66B | 7.82B |
Cash Flow | ||||||
| Free Cash Flow | 2.14B | 10.92M | 2.20B | 585.59M | -56.59M | 823.81M |
| Operating Cash Flow | 3.74B | 28.78M | 2.73B | 1.22B | 624.69M | 1.19B |
| Investing Cash Flow | -3.47B | -38.72M | -1.39B | -497.13M | -167.67M | -295.63M |
| Financing Cash Flow | -53.62M | -2.52M | -342.71M | -95.56M | 223.22M | -1.04B |
HBL Engineering Limited Peers Comparison
UnderperformOutperform
Sector (65)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
77 Outperform | ₹137.53B | -5.83 | ― | 6.72% | 5.90% | -8.73% | |
66 Neutral | ₹80.31B | 22.48 | ― | 0.20% | 70.67% | 59.54% | |
65 Neutral | $15.17B | 7.61 | 4.09% | 5.20% | 3.87% | -62.32% | |
59 Neutral | ₹165.76B | 31.58 | ― | ― | ― | ― | |
51 Neutral | ₹199.33B | 29.09 | ― | 0.11% | ― | ― | |
43 Neutral | ₹41.53B | -446.21 | ― | ― | 112.24% | -474.43% |
* Energy Sector Average
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HBL Engineering Limited Corporate Events
HBL Engineering to Hold One-on-One Investor Meet With SBI Mutual Fund
Mar 14, 2026
HBL Engineering Limited has informed the stock exchanges that its officials will participate in a one-to-one, physically held meeting with the SBI Mutual Fund manager in Mumbai on March 18, 2026. The company emphasized that only publicly available...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.