Outcome of the Board meeting dated 12.05.2026
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
High Energy Batteries India Ltd reported audited financial results for FY2025-26. Total income grew marginally to Rs 8,940.82 lakhs from Rs 8,671.08 lakhs in the previous year, a rise of about 3.1%. Net profit after tax increased slightly to Rs 1,539.18 lakhs versus Rs 1,532.99 lakhs, representing growth of only 0.4%. EPS improved marginally from Rs 17.10 to Rs 17.17 per share. The Board recommended a dividend of Rs 3 per equity share (face value Rs 2). An exceptional item of Rs 124.66 lakhs was recognized due to additional gratuity and leave benefit liabilities arising from four new Labour Codes notified by the Government of India in November 2025. The Lead Acid Battery segment continued to incur losses and the plant remained non-operational due to unremunerative prices. Auditors issued an unmodified opinion.
The company showed minimal growth in revenue and profit with margin compression due to the exceptional labour code liability. The unmodified auditor opinion and dividend recommendation indicate financial stability, but the declining Q4 performance compared to the previous year quarter may concern investors focused on growth.