HBL Engineering Approves FY26 Results, Recommends Final Dividend of Re. 1 Per Share
HBL Engineering Limited (formerly HBL Power Systems Limited) announced the approval of its standalone and consolidated audited financial statements for the fiscal year ended March 31, 2026. The results were approved during the Board of Directors meeting held on May 23, 2026.The Board also made several key recommendations, including the declaration of a final dividend and the appointment of new cost auditors.
Board Decisions and Financial Highlights
The Board of Directors recommended a final dividend of Re. 1/- per equity share (representing 100% on the paid-up capital) for the financial year ended March 31, 2026, subject to approval by the shareholders at the Annual General Meeting (AGM). The company fixed the date for the AGM on Saturday, September 26, 2026.In related governance appointments, M/s Sagar & Associates, Cost Accountants, were appointed as Cost Auditors for the fiscal year 2026-27, replacing M/s Narasimha Murthy & Co.
The company noted that total exceptional items amounted to ¥ 30.82 crs in the standalone results and ¥ 31.25 crs in the consolidated results. Furthermore, the estimated impact of the New Labour Codes, notified effective November 21, 2025, amounting to ¥ 25.49 crores, has been recognized under Other expenses.
Audited Financial Statements: Key Data
The audited financial statements for the year ended March 31, 2026, were approved by the Board, and the statutory auditors confirmed that they expressed no modified opinion on the results.The financial statements include detailed figures for the period:
Standalone Audited Financial Results Summary
| Particulars | Year ended 31-Mar-26 [Audited] | Year ended 31-Mar-25 [Audited] |
|---|---|---|
| Total Income from operations | 3,251.80 | 1,946.13 |
| Net Profit/(Loss) for the period after tax | 796.79 | 267.50 |
| Total Comprehensive Income for the period | 797.19 | 266.84 |
| Equity share capital (Face Value Re 1/- each) | 27.72 | 27.72 |
Consolidated Audited Financial Results Summary
| Particulars | Year ended 31-Mar-26 [Audited] | Year ended 31-Mar-25 [Audited] |
|---|---|---|
| Total Income from operations | 3,302.83 | 1,967.20 |
| Net Profit/(Loss) for the period after tax | 798.10 | 262.57 |
| Total Comprehensive Income for the period | 814.64 | 276.06 |
| Equity share capital (Face Value Re 1/- each) | 27.72 | 27.72 |
Segment-wise Performance
The segment-wise revenue and results for the year ended March 31, 2026, highlight the following segment revenues and total profits before tax after extraordinary items:Unaudited Segment Results and Revenue (Till March 31, 2026)
| Segment | Total Sales/Income from Operations | Total Profit Before Tax after Extraordinary Items |
|---|---|---|
| Industrial Batteries | 597.31 | 68.35 |
| Defence & Aviation Batteries | 69.05 | 17.85 |
| Electronics | 178.93 | 25.92 |
| Unallocated | 11.27 | (28.16) |
| Total | 756.56 | 73.96 |
Cash Flow Analysis
The company's audited standalone cash flow statement for the year ended March 31, 2026, showed a strong generation of cash, compared to the previous year.Standalone Cash Flow Highlights (₹ in crores)
| Activity | FY 2026 | FY 2025 |
|---|---|---|
| Net cash flow from operating activities | 712.87 | 235.00 |
| Net cash flow from investing activities | (200.31) | (309.83) |
| Net cash flow used in financing activities | (110.40) | (32.78) |
| Net increase in cash and cash equivalents | 402.16 | (107.61) |
| Cash and cash equivalents at end of the period | 515.12 | 112.96 |
Segment Assets and Liabilities
The consolidated statement of assets and liabilities for the year ended March 31, 2026, reflects the Group's total assets and liabilities.Consolidated Balance Sheet Figures (₹ in crores)
| Category | As at 31-Mar-26 [Audited] | As at 31-Mar-25 [Audited] |
|---|---|---|
| TOTAL ASSETS | 2,877.59 | 1,937.42 |
| Shareholders' funds | 1,458.32 | 1,482.75 |
| Current Liabilities | 417.25 | 9358 |
***
Note: All financial figures are reported in the currency units specified in the original filing (Crores).
HBLENGINE Stock Price Movement
HBL Engineering Limited shares slipped 1.00% on Friday, closing at ₹774.65 after falling ₹7.85 from the previous day's close. The stock traded on a volume of 1.48 million shares, finding intraday support after dipping from a high of ₹795.45.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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