What we do HBL Engineering Ltd is a Hyderabad-based leader in manufacturing specialized batteries, power electronics, and defense and aviation systems, serving domestic and international markets. |
Founded in 1,988 |
Market share Leading supplier in India for specialized batteries and power electronics with growing international presence. |
Problem solved Provides reliable energy storage and power solutions to critical sectors like defense, railways, and renewable energy, addressing power continuity and mission-critical needs. |
Top clients or who we serve Serves B2B primarily in defense, railway, data centers, and aviation sectors; also exports internationally. |
Key management Dr. Aluru Jagadish Prasad, IIT Kharagpur and MIT alumnus, Chairman & Managing Director with strong global expertise. |
Our journey and innovations Founded in 1988, merged with Hyderabad Batteries and international partners, pioneered lithium-ion defense batteries and advanced power systems. |
Where we operate India, USA, Germany, Malaysia, Singapore, and exports to multiple international markets. |
Top products or what we offer Lead acid, nickel-cadmium, lithium-ion batteries; defense electronics; solar photovoltaic modules; train collision avoidance systems. |
Top brands Type-I & IV submarine batteries, Thermal batteries for Agni Prime missiles, Pure Lead Thin Plate batteries for data centers, TCAS for railways. |
Raw materials needed Lead, nickel, silver, lithium, electronic components and materials for battery and defense electronics manufacturing. |
Raw materials supplier Sourced from domestic and international suppliers; specifics not publicly disclosed. |
Recurring vs cyclical contribution Revenue largely recurring through long-term supply contracts in defense and power sectors with some cyclical variations. |
Our industry position Market leader in specialized battery segments in India with a significant and growing export footprint. |
Financial highlights FY25 revenue approximately ₹1967 crores with PAT of ₹277 crores, maintaining healthy profitability amidst slight revenue decline. |
Geographical revenue split Majority domestic sales (~92%), exports contribute about 8% of revenue. |
Order book Not explicitly disclosed but backed by long-term contracts in defense and railway sectors. |
Whats driving growth Innovation in lithium-ion batteries, expansion in defense electronics, government defense and railway infrastructure investment. |
Our future plans Scaling lithium-ion battery production, expanding defense product lines, and increasing nickel-cadmium battery volumes. |
Our green promise Invests in solar photovoltaic modules and pursues energy-efficient manufacturing, aligning with sustainability norms. |
Our people and values Employs over 2,150 employees fostering inclusion with 7.57% women, emphasizing talent development and ethical practices. |
Key challenges ahead Volatility in raw material costs, technology adoption pace, and competitive global defense manufacturing landscape. |
Interesting facts Pioneer in manufacturing submarine battery technology and thermal batteries for India's Agni Prime missile. |
Risks and strategy Mitigates raw material, market and regulatory risks through diversified product portfolio and stringent quality controls. |
