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NIFTY 5024,980.40+0.35%
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HBL ENGINEERING LTD

HBL ENGINEERING LTD

NSE: HBLENGINE
Electrical Equipment & PartsIndustrialsMID CAPMCap ₹23.09k Cr
₹833.15₹122.70 (+17.27%)

Live • NSE

Market cap₹23.09k Cr
Enterprise value₹18.99k Cr
P/E TTM29.59
P/B10.34
EPS TTM₹28.16
ROCE59.30%
D/E3.02
Dividend yield0.00%
Face value₹1.00
52W high₹1,122.00
52W low₹613.00
Price chart(1Y)
1Y Return:+7.60% (+₹58.85)
H: ₹844.9L: ₹648
1W+14.08%
1M+10.10%
3M+14.28%
6M+2.81%
1Y-10.99%
Today at a glance

Day range

₹702.00₹842.00

52 week range

₹613.00₹1,122.00
Volume39.12M11.40x 20D avg
Free float50.00%+1039.80% volume

HBL ENGINEERING LTD closed at INR833.15 (+17.27%) on volume 11.4x its 20-day average, trading 25.74% below its 52-week high.

Technical analysis
RSI (14)66.2Neutral (30–70)
MACDBEARISHBearish (Below signal)
ATR (14)₹33.31High
SMA 20₹761.54BULLISH
SMA 50₹722.04BULLISH
SMA 100₹745.90BULLISH
SMA 200₹752.69BULLISH
CPR bottom₹715.98
Pivot₹714.13
CPR top₹712.29
What changed recently?

2026-Q2

Q2 FY2026 Financial Results

PAT moved +70.3% QoQ

2026-09-11

DIVIDEND Announced

Dividend - Re 1 Per Share

2026-02-13

DIVIDEND Announced

Interim Dividend - Rs 2 Per Share

Shariah audit
Methodology: AAOIFI Shariah Standard No. 21
PASS4/4 criteria
Shariah Compliant
CriteriaNumeratorDenominatorValueThresholdStatus
Interest-bearing debt ratio₹66.9 Cr₹23.09k Cr0.29%≤ 33%PASS
Non-halal income ratio–₹3.30k Cr0.00%≤ 5%PASS
Illiquid assets ratio₹2.41k Cr₹2.94k Cr82.04%≥ 20%PASS
Receivables ratio–₹2.94k Cr—≤ 49%PASS
Valuation & sector context
MetricCompanySector
P/E29.5928.10
Forward P/E——
P/B10.343.10
EV/EBITDA—18.00
PEG—1.10
Earnings yield3.403.60
Growth & profitability
RevenuePAT
FY24PAT margin 12.50%
FY25PAT margin 14.10%
FY26PAT margin 24.60%

Revenue and PAT bars use independent scales to make their year-on-year direction readable.

Revenue CAGR 3Y+18.90%
Revenue CAGR 5Y—
PAT CAGR 3Y+43.50%
PAT CAGR 5Y+23.70%
Operating margin21.05%
Net margin23.38%
Financial health & cash flow
Net debt–Moderate
Interest coverage72.30xEBIT / interest
CFO / PAT0.90x3Y average
Net debt / EBITDA—Leverage
Operating cash flow₹738.4 Cr
Capital expenditure–
Free cash flow₹588.1 Cr
Financial statements

Complete reported financial history · Values use the company's reporting currency

Hover over the chart for exact reported values. Percentage lines use the right-hand axis.

Fundamental scorecard
Overall58/100
Valuation60/100
Profitability80/100
Financial health35/100

A 0–100 quantitative summary of reported fundamentals. Use the underlying financials and risks for context; the score is not a buy or sell recommendation.

Strengths, risks & investment thesis

Strengths

Strong Capital Efficiency: ROCE stands at 59.3%

Risks

Elevated Leverage Burden: Debt-to-Equity stands at 3.02x

Bull case

Market Leadership: Established operational scale in Electrical Equipment & Parts.

Bear case

Macro Headwinds: Fluctuations in interest rates and sector-specific policy shifts could compress multiples.

Flip condition

Sustained quarterly EBITDA margin expansion above 20% would trigger an upgrade.

Shareholding pattern
Quarterly ownership historyLatest valid period · December 2025

Ownership distribution

Dec 2025Latest holding

Category trends

Hover over a period for exact holdings

60%40%20%0%Sept 2024Dec 2024Jun 2025Sept 2025Dec 2025
6.73%Institutional holding
34.17%Public holding
5Periods available
0.00%Promoter pledged
3.41LShareholders
Corporate Action

Complete dividend, bonus, split, rights and other action history

Record dateCorporate actionInformationAnnouncement dateEx-date
11 Sept 2026Dividend₹1.00 / share—11 Sept 2026
13 Feb 2026Dividend₹2.00 / share—13 Feb 2026
12 Sept 2025Dividend₹1.00 / share—12 Sept 2025
—Dividend₹0.50 / share—13 Sept 2024
—Dividend₹0.45 / share—15 Sept 2023
—Dividend₹0.40 / share—15 Sept 2022
—Dividend₹0.35 / share—16 Sept 2021
—Dividend₹0.10 / share—16 Sept 2020
27 Feb 2020Dividend₹0.20 / share—26 Feb 2020
—Dividend₹0.30 / share—18 Sept 2019
—Dividend₹0.25 / share—18 Sept 2018
—Dividend₹0.25 / share—18 Sept 2017
—Dividend₹0.25 / share—21 Sept 2016
—Dividend₹0.20 / share—21 Sept 2015
Delivery participation

Traded volume and delivery percentage across the latest 20 sessions

Average delivery (20D)36.41%-26.99% latest vs average
Highest delivery46.99%on 15 Oct
Average volume (20D)3.43MTrading-session average
Conviction trendWeakening-26.99% latest reading
Traded volumeDelivery %
Peer comparison

Compare valuation, latest quarterly performance and year-on-year growth

8 companies
Company nameMarket cap ₹ CrP/E ratioDividend yield %Quarterly sales ₹ CrProfit after tax ₹ CrSales growth %Profit growth %
Larsen & Toubro Limited
Larsen & Toubro LimitedLT
Open analysis
₹4.99L30.091.05%₹67,942.00₹4,988.00+6.69%+15.52%
Adani Ports and Special Economic Zone Limited
Adani Ports and Special Economic Zone LimitedADANIPORTS
Open analysis
₹4.03L29.880.43%₹10,821.00₹3,650.00+18.57%+10.24%
Hindustan Aeronautics Limited
Hindustan Aeronautics LimitedHAL
Open analysis
₹3.34L35.790.92%₹5,515.00₹1,590.00+14.44%+14.88%
Bharat Electronics Limited
Bharat Electronics LimitedBEL
Open analysis
₹2.75L44.860.66%₹5,547.00₹1,055.00+24.93%+8.88%
InterGlobe Aviation Limited
InterGlobe Aviation LimitedINDIGO
Open analysis
₹1.81L—0.00%₹24,584.10-₹237.60+19.95%-110.92%
Bharat Heavy Electricals Limited
Bharat Heavy Electricals LimitedBHEL
Open analysis
₹1.51L52.550.32%₹7,697.72₹381.91+40.29%+183.84%
ABB India Limited
ABB India LimitedABB
Open analysis
₹1.44L93.500.58%₹3,559.00₹362.00+21.05%+2.84%
CG Power and Industrial Solutions Limited
CG Power and Industrial Solutions LimitedCGPOWER
Open analysis
₹1.33L106.680.16%₹3,281.00₹308.00+14.00%+15.36%
About HBL ENGINEERING LTD
HBL ENGINEERING LTD

Incorporated in 1983, HBL Engineering is an Indian research-driven manufacturing company that specializes in developing indigenous, cost-effective technology solutions—such as specialized batteries and railway safety systems—for critical global industries. The company is now expanding its focus toward domestic electric mobility solutions, including high-efficiency motors and drivetrain systems.[1]

IndiaIndustrials

Questions investors ask
Is HBL ENGINEERING LTD Shariah compliant?

HBL ENGINEERING LTD is currently screened as Shariah Compliant under AAOIFI Shariah Standard No. 21. Business activities align with Shariah permissible sectors. Debt to Market Cap (0.29%) complies with AAOIFI threshold (≤ 33%).

What is HBL ENGINEERING LTD's current valuation relative to peers?

HBL ENGINEERING LTD trades at a P/E of 29.6x compared to the sector median of 28.1x, and a Price-to-Book of 10.3x.

Is the company financially healthy?

The company has a Debt-to-Equity ratio of 3.02x. Interest coverage is 72.3x.

What are the historical revenue and profit growth rates?

Over the past 5 years, revenue compounded at steady rates while net profit growth averaged 23.7%.

Market data is informational and may be delayed. Shariah screening follows the displayed methodology. This is not investment advice.

Market data may be delayed. Quote date: 2026-10-16. Financial figures relate to their stated reporting periods. This information is for research and is not a recommendation to buy or sell.