What we do High Energy Batteries (India) Ltd manufactures advanced batteries like Silver Zinc, Nickel Cadmium, and Silver Chloride Magnesium for defense, aerospace, and commercial applications. |
Founded in 1,991 |
Market share Leading supplier of high-reliability strategic batteries for Indian defense and space sectors with growing export sales. |
Problem solved Provides dependable power solutions for critical military, aerospace, and industrial applications requiring long life and high performance. |
Top clients or who we serve Indian Armed Forces, ISRO, DRDO, Defense PSUs, and global defense customers (B2G and B2B). |
Key management - |
Our journey and innovations Pioneer in Silver Zinc battery tech since 1980; continuous in-house R&D expanded capacity and developed cutting-edge technologies like Vanadium Flow Batteries. |
Where we operate Primarily India, with exports growing internationally. |
Top products or what we offer Silver Zinc, Nickel Cadmium batteries for defense & aerospace; developing Vanadium Flow and Lithium-Ion batteries. |
Top brands - |
Raw materials needed Silver, Zinc, Nickel, Lead-based materials, electrolyte solutions for specialized batteries. |
Raw materials supplier - |
Recurring vs cyclical contribution Revenue mainly from recurring defense contracts with some cyclicality due to project-based orders. |
Our industry position Dominant in Indian strategic battery market for defense and aerospace with certifications ISO 9001, 14001, and OHSAS 45001. |
Financial highlights FY 24-25 revenue ~Rs 81 Cr, net profit ~Rs 15.3 Cr, showing steady growth and profitability. |
Geographical revenue split Domestic sales dominate with Rs 46 Cr and export sales Rs 0.8 Cr (FY 2017 data), exports increasing recently. |
Order book - |
Whats driving growth Defense modernization, increased exports, R&D in green energy storage and advanced battery tech. |
Our future plans Expand Vanadium Flow Battery production, enhance Lithium-Ion capabilities, and secure new defense contracts. |
Our green promise Developing fuel cells, hydrogen-based energy solutions, and eco-friendly battery technologies. |
Our people and values Committed workforce focused on innovation, quality, and strategic indigenization. |
Key challenges ahead Competition in commercial markets, payment delays from government, and need for continual tech upgrades. |
Interesting facts First Indian company to commercially manufacture Silver Zinc batteries for MIG aircraft with US collaboration. |
Risks and strategy Mitigates supply chain risks via in-house R&D and bank partnerships; focuses on niche defense segments to shield from price wars. |
