Announced Sat, 25 Oct · 18:06 IST

Enclosed the outcome of Board meeting held on 25th October, 2025

Revenue Growth 20pctEbitda Margin CompressionNegative Operating CashflowResults View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

High Energy Batteries reported Q2 FY26 revenue of ₹2,139.81 lakhs, up about 31% from ₹1,628.58 lakhs in Q2 FY25, driven by its Aerospace, Naval and Power System Batteries segment. However, for the half-year (H1 FY26), revenue rose only marginally to ₹3,558.02 lakhs versus ₹3,526.56 lakhs a year ago. Net profit after tax for H1 FY26 fell sharply to ₹279.73 lakhs from ₹467.73 lakhs in H1 FY25, a drop of roughly 40%, even as Q2 standalone PAT edged up to ₹201.37 lakhs. EPS for the quarter stood at ₹2.25 (basic). The Lead Acid Storage Batteries division continues to remain suspended and posted a segment loss of ₹29.15 lakhs in H1. Operating cash flow turned negative at ₹(609.57) lakhs for the half-year compared to a positive ₹432.75 lakhs last year, and short-term borrowings nearly doubled to ₹2,140.96 lakhs from ₹1,124.97 lakhs as of March 2025.

Likely market impact

Investors may view the strong Q2 revenue growth positively, but the steep H1 profit decline, negative operating cash flow, rising borrowings and a suspended division point to pressure on margins and working capital — warranting close tracking of the next quarters.