HBL Engineering Ltd

HBL Engineering has assigned / reaffirmed the credit rating 'CARE A+; Stable/ CARE A1+' for bank facilities availed by the company. Powered by Capital Market - Live

HBL Engineering announced that a Letter of Acceptance from Bhopal Division of West Central Railway' has been received in the name of HBL-Shivakriti Consortium for an order worth Rs.148.44 crore (inclusive of GST @ 18%) for provision of KAVACH in Bina- Itarsi- Jujharpur section, BPL-SHRN section and UP and DN flyover track from Jujharpur to Powarkheda of Bhopal Division Over West Central Railway. Powered by Capital Market - Live

The project involves the provision of KAVACH in the Bina-Ittarsi-Jujharpur section, BPL-SHRN section, and the UP and DN flyover track from Jujharpur to Powarkheda in the Bhopal Division of West Central Railway. The cost of the project is Rs 148.44 crore and is to be completed within 540 days. HBL Power Systems activities of the group comprise the manufacturing of different types of batteries, e-mobility, and other products. The group is also engaged in service activities related to the above products. The company reported consolidated net profit of Rs 64.61 crore in Q3 FY25, down 18.3% compared with Rs 79.04 crore in Q3 FY24. Revenue from operations fell 24.8% YoY to Rs 450.56 crore in Q3 FY25.Powered by Capital Market - Live

Elecon Engineering Company Ltd, KFin Technologies Ltd, Senco Gold Ltd and Alivus Life Sciences Ltd are among the other losers in the BSE's 'A' group today, 11 February 2025.HBL Engineering Ltd lost 10.69% to Rs 471.35 at 14:48 IST.The stock was the biggest loser in the BSE's 'A' group.On the BSE, 4.29 lakh shares were traded on the counter so far as against the average daily volumes of 1.42 lakh shares in the past one month.Elecon Engineering Company Ltd tumbled 10.07% to Rs 457.45. The stock was the second biggest loser in 'A' group.On the BSE, 1.2 lakh shares were traded on the counter so far as against the average daily volumes of 26699 shares in the past one month.KFin Technologies Ltd crashed 9.46% to Rs 1044.45. The stock was the third biggest loser in 'A' group.On the BSE, 30396 shares were traded on the counter so far as against the average daily volumes of 71000 shares in the past one month.Senco Gold Ltd dropped 8.91% to Rs 430.3. The stock was the fourth biggest loser in 'A' group.On the BSE, 1.33 lakh shares were traded on the counter so far as against the average daily volumes of 30309 shares in the past one month.Alivus Life Sciences Ltd shed 8.41% to Rs 1101.75. The stock was the fifth biggest loser in 'A' group.On the BSE, 7715 shares were traded on the counter so far as against the average daily volumes of 9388 shares in the past one month.Powered by Capital Market - Live

Net profit of HBL Engineering declined 18.26% to Rs 64.61 crore in the quarter ended December 2024 as against Rs 79.04 crore during the previous quarter ended December 2023. Sales declined 24.81% to Rs 450.56 crore in the quarter ended December 2024 as against Rs 599.26 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Sales450.56599.26 -25 OPM %20.7718.89 - PBDT90.45115.20 -21 PBT79.26104.35 -24 NP64.6179.04 -18 Powered by Capital Market - Live

HBL Engineering announced that a Letter of Acceptance in the name of HBLShivakriti Consortium has received for an order worth Rs.410.42 crore (inclusive of GST @ 18%) from Ahmedabad Division of Western Railway' for supply and Installation of way-side Kavach on Ahmedabad-Palanpur section and Ahmedabad-Samakhiyali section on Ahmedabad Division of Western Railway. Powered by Capital Market - Live

HBL Engineering will hold a meeting of the Board of Directors of the Company on 10 February 2025.Powered by Capital Market - Live

Under the terms of the agreement, the company will provide the on-board Train Collision Avoidance System (TCAS) for a total of 2,200 locomotives. The order is expected to be completed within 12 months from the date of issuance of the purchase order. HBL Power Systems (HBL) specializes in developing and manufacturing products and solutions for telecom, industrial, railways and defence applications. The company has seven fully integrated facilities manufacture batteries, electronics and engineered products based on in-house developed technologies. In addition to catering to niche sectors namely telecom, UPS, solar, defence and railways in India, HBL's products are marketed across the globe spanning 80+ countries. The company's consolidated net profit jumped 27.1% to Rs 87.26 crore in Q2 FY25 as against Rs 68.67 crore posted in Q2 FY24. However, revenue from operations decreased 6.4% to Rs 520.96 crore in the quarter ended 30 September 2024. Powered by Capital Market - Live

Under the terms of the agreement, the company will provide the on-board Train Collision Avoidance System (TCAS) for a total of 2,200 locomotives. The order is expected to be completed within 12 months from the date of issuance of the purchase order. HBL Power Systems (HBL) specializes in developing and manufacturing products and solutions for telecom, industrial, railways and defence applications. The company has seven fully integrated facilities manufacture batteries, electronics and engineered products based on in-house developed technologies. In addition to catering to niche sectors namely telecom, UPS, solar, defence and railways in India, HBL's products are marketed across the globe spanning 80+ countries. The company's consolidated net profit jumped 27.1% to Rs 87.26 crore in Q2 FY25 as against Rs 68.67 crore posted in Q2 FY24. However, revenue from operations decreased 6.4% to Rs 520.96 crore in the quarter ended 30 September 2024. Shares of HBL Power Systems rallied 3.57% to settle at Rs 695.35 on 13 December 2024. Powered by Capital Market - Live

HBL Engineering has received an order of Rs 1522.40 crore from Chittaranjan Locomotive Works for supply, Installation and Commissioning of on-Board Train Collision Avoidance System (TCAS) (KAVACH) equipment in locomotives. Powered by Capital Market - Live