The Board of Directors in its meeting held on May 23, 2026 have approved the audited financial results for the year ending March 31, 2026
HBLENGINE · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
HBL Engineering reported strong full-year results with total income rising 67% to ₹3,252 crore from ₹1,946 crore in the previous year. Net profit after tax surged 198% to ₹797 crore versus ₹268 crore, while EPS jumped to ₹28.76 from ₹9.63. EBITDA margin expanded significantly from ~21.5% to ~39%. The company recognized ₹30.82 crore in exceptional items, mainly ₹26.49 crore towards unrecoverable costs for developing high-performance batteries for torpedoes. An additional ₹25.49 crore impact from new labour codes was also recognized. The Board declared an interim dividend of 200% already paid, and recommended a final dividend of 100%. Auditors issued a clean (unmodified) opinion.
The results show exceptional growth driven by the Electronics segment which saw revenue nearly 6x to ₹1,626 crore. However, shareholders should note the ₹31 crore exceptional write-off and ₹25 crore labour code impact which affected profits. The strong cash generation (₹713 crore operating cashflow) and healthy dividend policy are positives.