---
title: "HBL Engineering Ltd (HBLENGINE) — Share Price, Financials & Analysis"
symbol: "HBLENGINE"
company: "HBL Engineering Ltd"
canonical: "https://tapetide.com/stocks/HBLENGINE"
isin: "INE292B01021"
nse_symbol: "HBLENGINE"
bse_code: "517271"
sector: "Automobiles"
industry: "Auto Components"
market_cap_cr: 19930.32
generated_at: "2026-09-13T19:03:25.241Z"
---

# HBL Engineering Ltd (HBLENGINE)

Canonical page: https://tapetide.com/stocks/HBLENGINE

## Company

- **NSE Symbol:** HBLENGINE
- **BSE Code:** 517271
- **ISIN:** INE292B01021
- **Sector:** Automobiles
- **Industry:** Auto Components
- **Macro Sector:** Industrials
- **Stock Type:** EQUITY
- **Listed Since:** 2007-01-04
- **CEO:** Dr. Aluru Jagadish Prasad
- **Employees:** 2152
- **Face Value:** ₹1
- **F&O Eligible:** No
- **Website:** hbl.in

## About

Incorporated in 1983, HBL Power System Ltd manufactures and services different types of batteries, e-mobility, and other products[1]

## Latest Price

- **Price:** ₹722.2
- **Change:** +2.3 (+0.32%)
- **Open:** ₹718
- **Day High:** ₹724.7
- **Day Low:** ₹705.25
- **Previous Close:** ₹719.9
- **Volume:** 1018560
- **As Of:** 2026-09-11T10:26:09+00:00

## Key Fundamentals

Observed at 2026-09-11T04:45:54.526669Z.

- **Market Cap:** ₹19930.32 Cr
- **Classification:** Smallcap
- **P/E (reported):** 25.6
- **P/E (TTM):** 25.64
- **EPS (TTM):** ₹28.17
- **EPS (reported):** ₹11.84
- **Book Value:** ₹79.88
- **Price to Book:** 9.02
- **Dividend Yield:** 0.42%
- **ROE:** 36.79%
- **ROCE:** 46.59%
- **Debt to Equity:** 0.03
- **Revenue (yearly):** ₹3361.8 Cr
- **Net Income:** ₹814.4 Cr
- **EBITDA:** ₹1172 Cr
- **52-Week High:** ₹1122
- **52-Week Low:** ₹613
- **RSI (14):** 57.08

## Tapetide Score

- **Score:** 60 / 100
- **Score date:** 2026-09-04
- **Archetype:** Out of Favour
- **What it means:** Financially sound, yet the market is not rewarding it. Cases like this usually need a specific reason the pessimism is misplaced, and patience for that reason to play out.
- **Pillar profile:** Quality: Good · Valuation: Cheap · Momentum: Falling
- **Percentile:** 87.9 (of 4473 scored stocks)
- **Confidence:** 100%
- **Data coverage:** 100%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 85.41 | 9% |
| growth | 97.97 | 9% |
| momentum | 31.12 | 12% |
| ownership | 44.53 | 24% |
| quality | 70.52 | 22% |
| valuation | 60.03 | 24% |

The Tapetide Score is decision-support only, not investment advice.

## Key Insights

### Strengths

- Company is almost debt free.
- Company is expected to give good quarter
- Company has delivered good profit growth of 118% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 33.1%

### Weaknesses

- Stock is trading at 9.04 times its book value

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | 199.28% | 173.22% | — |
| ebitda margin growth | 98.22% | 66.16% | 77.77% | 184.34% |
| net income growth | 71.27% | 194.54% | 105% | 118% |
| revenue growth | 6.73% | 68.71% | 34% | 29% |
| roce | 122.05% | 87.11% | 53.97% | 25.89% |
| roe | 71.25% | 97.27% | 26.14% | 240.02% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 557 | 599 | 610 | 520 | 521 | 451 | 476 | 602 | 1223 | 874 | 604 | 638 |
| Expenses | 456 | 486 | 479 | 410 | 412 | 357 | 396 | 410 | 679 | 572 | 529 | 491 |
| Operating Profit | 101 | 113 | 131 | 110 | 109 | 94 | 79 | 192 | 544 | 302 | 75 | 147 |
| OPM % | 18 | 19 | 22 | 21 | 21 | 21 | 17 | 32 | 44 | 35 | 12 | 23 |
| Other Income | 3 | 2 | -19 | 5 | 12 | 2 | 6 | 17 | -8 | 10 | 10 | 21 |
| Interest | 3 | 3 | 4 | 2 | 3 | 5 | 4 | 6 | 3 | 3 | 2 | 5 |
| Depreciation | 10 | 11 | 11 | 11 | 11 | 11 | 11 | 12 | 12 | 12 | 15 | 12 |
| Profit before tax | 91 | 102 | 98 | 103 | 107 | 79 | 71 | 191 | 520 | 297 | 67 | 149 |
| Tax % | 26 | 23 | 33 | 26 | 29 | 26 | 26 | 26 | 26 | 27 | 18 | 26 |
| Net Profit | 68 | 79 | 81 | 80 | 87 | 65 | 45 | 143 | 387 | 220 | 64 | 109 |
| EPS in Rs | 2.48 | 2.85 | 2.94 | 2.89 | 3.15 | 2.33 | 1.62 | 5.17 | 13.97 | 7.96 | 2.3 | 3.94 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 1603 | 1266 | 1092 | 912 | 1236 | 1369 | 2233 | 1967 | 3303 | 3339 |
| Expenses | 1477 | 1169 | 1011 | 845 | 1097 | 1217 | 1810 | 1574 | 2190 | 2271 |
| Operating Profit | 126 | 97 | 81 | 67 | 139 | 151 | 423 | 393 | 1113 | 1068 |
| OPM % | 8 | 8 | 7 | 7 | 11 | 11 | 19 | 20 | 34 | 32 |
| Other Income | 16 | 21 | 22 | 6 | 26 | 20 | 8 | 38 | 44 | 32 |
| Interest | 41 | 31 | 22 | 15 | 7 | 7 | 13 | 13 | 15 | 14 |
| Depreciation | 46 | 44 | 41 | 39 | 35 | 35 | 41 | 44 | 51 | 52 |
| Profit before tax | 55 | 43 | 40 | 19 | 122 | 130 | 377 | 374 | 1092 | 1034 |
| Tax % | 42 | 35 | 35 | 29 | 23 | 24 | 26 | 26 | 25 | — |
| Net Profit | 32 | 28 | 26 | 14 | 94 | 98 | 280 | 276 | 814 | 780 |
| EPS in Rs | 1.14 | 1 | 0.95 | 0.5 | 3.39 | 3.56 | 10.13 | 9.99 | 29.4 | 28.17 |
| Dividend Payout % | 22 | 30 | 32 | 71 | 12 | 13 | 5 | 10 | 10 | — |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 28 | 28 | 28 | 28 | 28 | 28 | 28 | 28 | 28 | 28 |
| Reserves | 701 | 724 | 739 | 745 | 754 | 838 | 924 | 1193 | 1455 | 2187 |
| Borrowings | 479 | 366 | 232 | 161 | 70 | 63 | 86 | 67 | 74 | 67 |
| Other Liabilities | 258 | 224 | 162 | 169 | 184 | 204 | 257 | 366 | 422 | 661 |
| Total Liabilities | 1467 | 1342 | 1161 | 1103 | 1036 | 1133 | 1294 | 1654 | 1980 | 2942 |
| Fixed Assets | 417 | 363 | 321 | 304 | 279 | 265 | 320 | 354 | 397 | 441 |
| CWIP | 33 | 26 | 37 | 27 | 43 | 81 | 50 | 20 | 68 | 127 |
| Investments | 8 | 5 | 5 | 6 | 7 | 8 | 9 | 108 | 290 | 402 |
| Other Assets | 1008 | 947 | 797 | 766 | 707 | 779 | 915 | 1171 | 1225 | 1972 |
| Total Assets | 1467 | 1342 | 1161 | 1103 | 1036 | 1133 | 1294 | 1654 | 1980 | 2942 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 43 | 159 | 167 | 149 | 121 | 62 | 122 | 270 | 247 | 738 |
| Cash from Investing Activity | 60 | -8 | 1 | -6 | -32 | -17 | -50 | -137 | -320 | -214 |
| Cash from Financing Activity | -114 | -150 | -163 | -114 | -104 | -22 | 10 | -42 | -33 | -113 |
| Net Cash Flow | -11 | 1 | 5 | 29 | -14 | 23 | 82 | 91 | -107 | 411 |
| Free Cash Flow | 5 | 149 | 168 | 140 | 86 | 41 | 68 | 204 | 96 | 594 |
| CFO/OP | 41 | 149 | 192 | 201 | 184 | 65 | 105 | 85 | 88 | 93 |

### Ratios

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 122 | 103 | 105 | 102 | 102 | 86 | 83 | 58 | 69 | 71 |
| Inventory Days | 168 | 126 | 145 | 162 | 188 | 149 | 147 | 137 | 201 | 148 |
| Days Payable | 68 | 43 | 34 | 41 | 44 | 42 | 43 | 41 | 68 | 49 |
| Cash Conversion Cycle | 222 | 186 | 216 | 222 | 246 | 193 | 188 | 154 | 202 | 171 |
| Working Capital Days | 66 | 73 | 104 | 121 | 149 | 126 | 117 | 81 | 106 | 85 |
| ROCE % | 8 | 9 | 6 | 6 | 4 | 13 | 14 | 36 | 27 | 59 |

## Shareholding Pattern

### Quarterly

| Category | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 59.11% | 59.11% | 59.11% | 59.11% | 59.11% | 59.11% | 59.11% | 59.11% | 59.11% | 59.11% | 59.11% | 59.11% |
| FIIs | 2.23% | 2.66% | 4.59% | 4.65% | 4.9% | 5.22% | 4.83% | 4.83% | 7.1% | 5.87% | 5.94% | 5.62% |
| DIIs | 0.08% | 0.05% | 0.66% | 1.07% | 0.97% | 0.39% | 0.36% | 0.36% | 0.65% | 0.82% | 0.79% | 0.98% |
| Government | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 33.54% | 32.95% | 31.24% | 30.83% | 30.25% | 30.41% | 30.22% | 30.22% | 28.09% | 29.18% | 29.01% | 29.05% |
| Others | 5.04% | 5.23% | 4.4% | 4.34% | 4.77% | 4.87% | 5.47% | 5.47% | 5.04% | 5.02% | 5.14% | 5.23% |
| No. of Shareholders | 221392 | 242385 | 287032 | 332912 | 368688 | 358798 | 381826 | 381826 | 326066 | 342335 | 340740 | 349936 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Buy
- **Buy / Neutral / Sell:** 9 / 5 / 5

### Moving Averages — summary: **Strong Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 694.64 | Buy |
| EMA (10) | 705.53 | Buy |
| SMA (20) | 689.38 | Buy |
| EMA (20) | 699.78 | Buy |
| SMA (50) | 712.79 | Buy |
| EMA (50) | 714.42 | Buy |
| SMA (100) | 755.74 | Sell |
| EMA (100) | 734.3 | Sell |
| SMA (200) | 763.98 | Sell |
| EMA (200) | 734.73 | Sell |

### Oscillators — summary: **Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 57.46 | Neutral |
| MACD (12,26,9) | 1.74 | Buy |
| Stochastic (14,3,3) | 61.22 | Neutral |
| ADX (14) | 26.31 | Buy |
| Williams %R (14) | -40.54 | Neutral |
| ATR (14) | 23.86 | High Volatility |
| ROC (12) | 5.6 | Buy |
| Stoch RSI (14) | 85.73 | Sell |
| UO (7,14,28) | 47.98 | Neutral |

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-09-03 | [Reg. 34 (1) Annual Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c8bf6097-b18c-4ef5-8e4b-48c7ba0aa719.pdf) |
| 2026-09-03 | [Record Date For Determination Of Eligibility For Dividend If Declared And To E-Vote On The Resolutions.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=0a8657f5-f75e-4a9e-b563-9ade768e4238.pdf) |
| 2026-09-03 | [Book-Closure For The Purpose Of AGM](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f2298a1e-79bb-48b1-bf00-e6af4c0abff4.pdf) |
| 2026-08-08 | [Board Meeting Outcome for Financial Results Of The Company For The Quarter Ending June 30 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=4b65f635-7e2d-4e59-85a4-d4a614162d0d.pdf) |
| 2026-08-08 | [Statement Of Deviation Of Funds For The Quarter June 30 3036](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=8628b4f2-31e1-44c6-9599-2fbb0830ef74.pdf) |
| 2026-08-08 | [Record Date For Dividend](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=66cb4c26-2c99-458e-8f33-ca5ce2338291.pdf) |
| 2026-08-03 | [Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=7c41213f-b5f2-4013-be71-254d1339ea11.pdf) |
| 2026-07-30 | [Board Meeting Intimation for Notice Of Board Meeting](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=2c3e6d32-49b8-4a68-a4ac-9ce26c328edd.pdf) |
| 2026-07-15 | [Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c13edba8-e39f-43b4-93d0-595d5ec595c0.pdf) |
| 2026-07-01 | [Announcement under Regulation 30 (LODR)-Change in Management](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=81ebcd50-7003-4087-9766-0d2426a66460.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 9 Apr - HBL won Rs83.81 crore PLW order for KAVACH supply, testing and commissioning by April 15, 2027. | [Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order 9 Apr - HBL won Rs83.81 crore PLW order for KAVACH supply, testing and commissioning by April 15, 2027.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/234a7303-137c-4a19-9278-679757fd57da.pdf) |
| 9 Apr - HBL secured Rs83.81 crore PLW order for KAVACH supply, testing and commissioning by April 15, 2027. | [Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order 9 Apr - HBL secured Rs83.81 crore PLW order for KAVACH supply, testing and commissioning by April 15, 2027.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/5f8db23a-cac8-4733-b8cc-22a34d952526.pdf) |
| 7 Feb - Q3 results approved; interim dividend Rs2/share (record Feb13); JV with Cochin Shipyard; Rs27.75cr exceptional charge. | [Board Meeting Outcome for Approved The Unaudited Financial Results For The Quarter Ended On December 31, 2025 And Declared A Dividend Of Re.2/- (Rupees Two) Per Equity 7 Feb - Q3 results approved; interim dividend Rs2/share (record Feb13); JV with Cochin Shipyard; Rs27.75cr exceptional charge.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/313ba17f-1f30-488d-9178-e19ec144d179.pdf) |
| 5h - HBL Engineering says it is not a large corporate under SEBI debt issuance norms for FY2025-26. | [Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 5h - HBL Engineering says it is not a large corporate under SEBI debt issuance norms for FY2025-26.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/3cfef364-586d-4427-a214-56e523cee2a5.pdf) |
| 31 Jan - Rs.575 Crore order from Integral Coach Factory for On-board KAVACH Ver.4.0; 12-month completion. | [Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order 31 Jan - Rs.575 Crore order from Integral Coach Factory for On-board KAVACH Ver.4.0; 12-month completion.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/6b9342dd-fbf0-4b1f-ade6-0c2223eea7c4.pdf) |
| 28 Jan - Cochin Shipyard board approved proposed JV with HBL for marine electric mobility; HBL 60%, CSL 40%, consideration TBD. | [Intimation To Stakeholders 28 Jan - Cochin Shipyard board approved proposed JV with HBL for marine electric mobility; HBL 60%, CSL 40%, consideration TBD.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/e73d9d0e-f75a-4f6b-b5d0-0b5875fcee77.pdf) |
| 28 Apr - Board meets on May 23, 2026 to approve FY26 audited results and consider dividend. | [Board Meeting Intimation for To Consider Audited Financial Results And Recommendation Of Final Dividend, If Any. 28 Apr - Board meets on May 23, 2026 to approve FY26 audited results and consider dividend.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/59a719be-3570-41e0-8335-c830103ac481.pdf) |
| 28 Apr - Board meets on May 23, 2026 to approve FY26 audited results and consider dividend. | [Board Meeting Intimation for To Consider Audited Financial Results And Recommendation Of Final Dividend, If Any. 28 Apr - Board meets on May 23, 2026 to approve FY26 audited results and consider dividend.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/59a719be-3570-41e0-8335-c830103ac481.pdf) |
| 25 Mar - HBL formed JV with Cochin Shipyard on March 25, 2026; 60%/40% equity; initial capital Rs.9 crore. | [Announcement under Regulation 30 (LODR)-Updates on Joint Venture 25 Mar - HBL formed JV with Cochin Shipyard on March 25, 2026; 60%/40% equity; initial capital Rs.9 crore.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/ce639a61-964f-426f-8034-84655e7b02a2.pdf) |
| 21 Apr - HBL Engineering says it is not a large corporate under SEBI debt issuance norms for FY2025-26. | [Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 21 Apr - HBL Engineering says it is not a large corporate under SEBI debt issuance norms for FY2025-26.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/3cfef364-586d-4427-a214-56e523cee2a5.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2025-11-08 | [Results For The Period Ended September 302025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e2b40d60-6677-41a0-af25-b7eda909e95f.pdf) |
| 2025-08-09 | [Financial Results For The Quarter Ended June 30 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=eb23c837-dc24-4ce8-93c0-06f3722dd7d9.pdf) |
| 2025-02-10 | [Quarterly Results](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=62672a38-ed87-4eea-a7d3-b1c8db1d4fba.pdf) |
| 2024-11-09 | [Financial Results](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=27ccbf98-f6c8-4fb6-8b0d-ea9285621fae.pdf) |
| 2024-08-08 | [Financial Results June 30, 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=baab9acd-0633-47ff-91e9-39622d656283.pdf) |
| 2024-05-27 | [Approval Of Audited Financial Results For The Quarter And Year Ended March 31, 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=70cfb28b-2cee-42c2-b6fa-f9cdd47914c9.pdf) |
| 2024-02-07 | [Board Meeting Outcome for Outcome Of The Board Meeting Held On February 07, 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c0989ea0-c4c2-4acf-a8f8-90684ef69ff3.pdf) |
| 2023-08-11 | [Unaudited Financial Results For The Quarter Ended June 30, 2023](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=dda2902b-d168-44ea-a936-105970945075.pdf) |
| 2023-05-25 | [Financial Results For The Year Ended March 31, 2023](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=321ec77f-70fa-456e-a442-256209ff9ddf.pdf) |
| 2023-02-13 | [Unaudited Financial Results For The Quarter Ended December 31, 2022](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=47a09614-7535-4e70-b193-364bc36a9d82.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Sep 2023 | [Concall - Sep 2023](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=769685c8-5512-465a-bfa8-433645e26f17.pdf) |
| Sep 2023 | [Concall - Sep 2023](https://www.bseindia.com/xml-data/corpfiling/AttachHis/769685c8-5512-465a-bfa8-433645e26f17.pdf) |
| Feb 2023 | [Concall - Feb 2023](https://www.bseindia.com/xml-data/corpfiling/AttachHis/bf42f239-a7c1-4192-824c-7f3d15347c6f.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Annual Report 2011 from nse](https://archives.nseindia.com/annual_reports/AR_HBLPOWER_2010_2011_20062012125556.zip) |
| from bse | [Annual Report 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/8867270e-616f-4352-9592-cc4e30cd1cfb.pdf) |
| from bse | [Annual Report 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/83e65e50-2435-4498-8f48-307c43871afc.pdf) |
| from bse | [Annual Report 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/837ffb2d-ee43-495f-a01b-9716c2d81926.pdf) |
| from bse | [Annual Report 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/517271/75551517271.pdf) |
| from bse | [Annual Report 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/517271/70560517271.pdf) |
| from bse | [Annual Report 2020 from bse](https://www.bseindia.com/bseplus/AnnualReport/517271/65489517271.pdf) |
| from bse | [Annual Report 2019 from bse](https://www.bseindia.com/bseplus/AnnualReport/517271/5172710319.pdf) |
| from bse | [Annual Report 2018 from bse](https://www.bseindia.com/bseplus/AnnualReport/517271/5172710318.pdf) |
| from bse | [Annual Report 2017 from bse](https://www.bseindia.com/bseplus/AnnualReport/517271/5172710317.pdf) |

### Earnings Call Recordings

| Date | Document |
| --- | --- |
| 2024-07-09 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=2f408f34-f976-4ad5-95f8-d5794151eb7d.pdf) |

### Investor Presentations

| Date | Document |
| --- | --- |
| 2023-02-14 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=bf42f239-a7c1-4192-824c-7f3d15347c6f.pdf) |

---

Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-09-13T19:03:25.241Z.