HBL Engineering Limited

Capital Goods · Industrial Products

NSE: HBLENGINE BSE: 517271

₹794.50

Sept. 30, 2026 · NSE · nse_bhavcopy

Peers in Industrial Products

The largest companies in the same industry by market cap. This company ranks #17 of 335. PE, ROE, 1Y return and scores come from the daily/weekly precomputed snapshot.

Company	Market cap (₹ Cr)	PE (TTM)	ROE	1Y return	Div. yield	Quality	Valuation	Momentum
Cummins India Limited	131,947	57.8	27.9%	23.7%	1.39%	84	0	27
Polycab India Limited	120,900	43.0	22.3%	9.2%	0.59%	83	27	61
Welspun Corp Limited	71,672	81.9	17.2%	217.6%	0.18%	71	0	53
APL Apollo Tubes Limited	60,810	105.9	22.7%	26.5%	—	68	0	51
Supreme Industries Limited	43,837	46.5	15.5%	-17.6%	—	76	0	49
KEI Industries Limited	42,590	42.7	13.8%	10.4%	0.10%	70	29	61
Astral Limited	36,816	56.6	13.2%	-0.4%	—	76	12	12
AIA Engineering Limited	36,106	27.9	15.8%	19.1%	0.41%	71	29	61
HBL Engineering Limited (this stock)	22,023	42.3	43.3%	-4.8%	0.38%	84	0	71

Valuation multiples

Current only. Market cap is the whole company's; sales/EBITDA are trailing-twelve-month standalone; debt and cash come from the latest filed standalone balance sheet (March 31, 2026). EBITDA = PBT + interest + depreciation.

Enterprise value

₹21,544 Cr

EV / EBITDA

28.4x

EV / Sales

8.07x

Market cap / Sales

8.25x

Earnings yield

2.37%

Quarterly Financials

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Standalone Consolidated

↑ Positive

Quarterly Revenue

Jun 2026 quarterly revenue is Rs 640 Cr, up 5.4% YoY.

↓ Negative

Quarterly Net Profit

Jun 2026 quarterly net profit is Rs 105 Cr, down 24.5% YoY.

Period end	Revenue (₹ Cr)	PBT (₹ Cr)	Net profit (₹ Cr)	Basic EPS
June 30, 2026	620	142	105	₹3.8100
March 31, 2026	597	68	57	₹2.1000
Dec. 31, 2025	864	297	218	₹7.8500
Sept. 30, 2025	1,791	703	522	₹
June 30, 2025	588	188	140	₹5.0300
March 31, 2025	460	71	51	₹0.0000
Dec. 31, 2024	455	82	61	₹2.2000
Sept. 30, 2024	520	108	80	₹2.8900
June 30, 2024	511	101	74	₹2.6600
March 31, 2024	604	98	71	₹2.5000
Dec. 31, 2023	595	99	76	₹2.7400
Sept. 30, 2023	551	91	69	₹2.4700
June 30, 2023	458	66	49	₹1.7400

Quarterly income statement (standalone, ₹ Cr)

Indicator	Jun 26	Mar 26	Dec 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23
Total income (before exceptional items)	640	610	874	607	467	456	533	517	611	599	555	461	403
Operating revenue	620	597	864	588	460	455	520	511	604	595	551	458	398
Other income	20	12	11	20	7	2	12	6	7	4	3	3	5
Operating expenses	481	522	563	399	382	360	411	403	473	483	450	384	355
Operating profit	139	75	301	189	78	95	109	108	131	111	101	75	43
Operating profit margin	22.4%	12.6%	34.9%	32.1%	16.9%	20.9%	21.0%	21.1%	21.7%	18.7%	18.3%	16.3%	10.9%
Depreciation	12	14	12	11	11	11	11	10	10	10	10	9	9
Interest	5	2	2	6	3	4	2	2	4	3	3	2	2
Exceptional items, gain / (loss)	0	-3	-1	-3	-1	-0	0	-0	-25	-3	-0	0	-1
Profit before tax	142	68	297	188	71	82	108	101	98	99	91	66	36
Tax	37	11	79	48	19	20	28	27	28	23	23	18	1
Net profit	105	57	218	140	51	61	80	74	71	76	69	49	35
EPS	3.81	2.10	7.85	5.03	0.00	2.20	2.89	2.66	2.50	2.74	2.47	1.74	1.26
Net profit (TTM)	520	466	470	333	268	287	301	290	264	228	175	125	96
EPS (TTM)	18.79	14.98	15.08	10.12	7.75	10.25	10.79	10.37	9.45	8.21	6.28	4.48	3.42

Total income excludes exceptional items, which are shown on their own row. Trendlyne and Screener fold exceptional items into revenue or other income, so their totals differ from this table by exactly that row.

Annual Financials

Year ended	Revenue (₹ Cr)	PBT (₹ Cr)	Net profit (₹ Cr)
March 31, 2026	3,252	1,068	797
March 31, 2025	1,946	362	268
March 31, 2024	2,209	355	264
March 31, 2023	1,350	126	96

Annual income statement (standalone, ₹ Cr; CAGR to the latest year)

Indicator	CAGR 3Y	CAGR 5Y	Mar 26	Mar 25	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20	Mar 19	Mar 18	Mar 17
Total income (before exceptional items)	—	—	—	1,973^†	2,225^†	1,368^†	1,236^†	918^†	1,094^†	1,274^†	1,647^†	1,547^†
Operating revenue	34.1%	29.0%	3,252	1,946	2,209	1,350	1,221^†	909^†	1,077^†	1,257^†	1,624^†	1,530^†
Other income	—	—	—	27^†	17^†	18^†	14^†	9^†	16^†	17^†	23^†	17^†
Operating expenses	—	—	—	1,556^†	1,790^†	1,202^†	1,086^†	841^†	999^†	1,166^†	1,498^†	1,357^†
Operating profit	—	—	—	390^†	419^†	148^†	135^†	68^†	78^†	91^†	126^†	173^†
Operating profit margin	—	—	—	20.1%^†	18.9%^†	10.9%^†	11.1%^†	7.5%^†	7.3%^†	7.3%^†	7.7%^†	11.3%^†
Depreciation	—	—	—	42^†	39^†	34^†	35^†	38^†	40^†	44^†	46^†	48^†
Interest	—	—	—	12^†	12^†	6^†	7^†	14^†	22^†	31^†	41^†	46^†
Exceptional items, gain / (loss)	—	—	—	-1^†	-28^†	1^†	11^†	-5^†	5^†	7^†	-10^†	-3^†
Profit before tax	103.7%	122.8%	1,068	362	355	126	118^†	19^†	38^†	40^†	52^†	50^†
Tax	—	—	—	94^†	91^†	31^†	29^†	5^†	14^†	15^†	20^†	15^†
Net profit	102.8%	122.6%	797	268	264	96	89^†	15^†	24^†	25^†	32^†	35^†
EPS	—	—	—	7.75^†	9.45^†	3.42^†	3.18^†	1.53^†	0.81^†	—	—	—

^† Derived: the sum of that fiscal year's four quarterly filings (a real annual filing is used wherever one exists). Checked against filed annual figures, the sum lands within 0.5% for about 94% of company-years.

Annual ratios (standalone)

Ratio	Mar 26	Mar 25	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20	Mar 19	Mar 18	Mar 17
Operating margin	—	20.1%^†	18.9%^†	10.9%^†	11.1%^†	7.5%^†	7.3%^†	7.3%^†	7.7%^†	11.3%^†
EBIT margin	—	19.2%^†	16.6%^†	9.8%^†	10.3%^†	3.7%^†	5.5%^†	5.6%^†	5.7%^†	6.3%^†
PBT margin	32.8%	18.6%	16.1%	9.4%	9.7%^†	2.1%^†	3.5%^†	3.2%^†	3.2%^†	3.3%^†
Net margin	24.5%	13.7%	11.9%	7.1%	7.3%^†	1.6%^†	2.2%^†	2.0%^†	2.0%^†	2.3%^†
Interest coverage	—	31.76x^†	29.60x^†	21.28x^†	17.25x^†	2.34x^†	2.72x^†	2.31x^†	2.29x^†	2.08x^†
Dividend payout	—	6.5%^†	4.8%^†	11.7%^†	11.0%^†	6.5%^†	61.7%^†	—	—	—
Earnings retention	—	93.5%^†	95.2%^†	88.3%^†	89.0%^†	93.5%^†	38.3%^†	—	—	—
Current ratio	3.44x	2.90x	—	—	—	—	—	—	—	—
Quick ratio	2.50x	1.66x	—	—	—	—	—	—	—	—
Debt to equity	0.02x	0.03x	—	—	—	—	—	—	—	—
Return on equity	36.7%	18.3%	—	—	—	—	—	—	—	—
Return on assets	27.7%	13.8%	—	—	—	—	—	—	—	—
Return on capital employed	—	24.6%^†	—	—	—	—	—	—	—	—
Asset turnover	1.13x	1.00x	—	—	—	—	—	—	—	—

Margins and asset turnover use operating revenue (interest earned for banks, excluding other income), not total income. Liquidity, leverage and return ratios need a filed standalone balance sheet, which exists only for recent years; returns use year-end equity/assets. Dividend payout is shown only for companies with a dividend record. † = built from a summed fiscal year.

Revenue Mix

Data unavailable.

Cash Flow

Year ended	Operating (₹ Cr)	Investing (₹ Cr)	Financing (₹ Cr)	Capex (₹ Cr)	Free Cash Flow (₹ Cr)
March 31, 2026	597	-83	-111	150	447
March 31, 2025	458	-331	16	122	336
March 31, 2024	412	-38	32	-44	456
March 31, 2023	149	-58	-8	5	144
March 31, 2022	162	96	14	-67	230

Balance Sheet (standalone)

Year ended	Total Assets (₹ Cr)	Total Equity (₹ Cr)	Reserves (₹ Cr)	Borrowings, Current (₹ Cr)	Borrowings, Non-current (₹ Cr)	Current Assets (₹ Cr)	Current Liabilities (₹ Cr)	Cash & Equivalents (₹ Cr)	Net Block (₹ Cr)	Inventory (₹ Cr)
March 31, 2026	2,878	2,172	2,145	36	0	2,009	584	515	409	551
March 31, 2025	1,937	1,458	1,431	45	0	1,212	417	113	364	521
March 31, 2024	—	—	—	—	—	—	—	—	—	—
March 31, 2023	—	—	—	—	—	—	—	—	—	—
March 31, 2022	—	—	—	—	—	—	—	—	—	—

Financial charts

Trend charts drawn from the standalone income-statement and ratio tables above (oldest year on the left); a gap means that period has no figure. Annual years marked † in the tables are derived from four quarters.