HBL Engineering Ltd Share Price – NSE  / BSE

Auto Ancillaries, Small Cap

HBL Engineering has received an order worth Rs 179.79 crore from Banaras Locomotive Works for supply, testing and commissioning of on-board KAVACH equipment (ver. 4.0).

HBL Engineering has received affirmation in credit ratings at CARE A+; Positive / CARE A1+ for bank facilities of the company.

Powered by Capital Market - Live News

The contract, awarded by a domestic entity, is to be executed within a period of 12 months. The company said that none of the promoters has any interest in the awarding entity, and the transaction does not fall under related-party transactions.

HBL Engineering (formerly known as HBL Power Systems) manufactures different types of batteries, including lead acid, NiCad, silver zinc, lithium, and railway & defense electronics and other products.

The company reported a more than fourfold jump in consolidated net profit to Rs 387.27 crore in Q2 FY26, compared with Rs 87.26 crore in the same quarter last year. Revenue from operations surged 134.7% YoY to Rs 1,222.90 crore in Q2 September 2025.

Powered by Capital Market - Live News

HBL Engineering announced that Banaras Locomotive Works, Varanasi has issued a letter of acceptance to the company for supply, testing and commissioning of on-board KAVACH equipment (ver 4.0) worth Rs 800.36 crore.

Powered by Capital Market - Live News