Sharescart Research Club logo ×
Screener Research Unlisted Startup Funding New IPO New

  • Home
  • /
  • Hbl Power Sys
Join Channel
Consolidated Standalone

HBL Power Sys

₹507.8 9.1 | 1.8%

Market Cap ₹14076 Cr.

Stock P/E 60.1

P/B 12.4

Current Price ₹507.8

Book Value ₹ 41.1

Face Value 1

52W High ₹612

Dividend Yield 0.09%

52W Low ₹ 99.8

Edit Ratio

HBL Power Sys Research see more...

Stocx User

Unlocking Potential: A Deep Dive into HBL Power Systems Ltd.

Stocx User

EQUITY RESEARCH: HBL POWER SYSTEMS LTD

Overview Inc. Year: 1986Industry: Batteries

HBL Power Systems Ltd is engaged inside the commercial enterprise of manufacturing batteries. The Company's segments comprises Batteries and Electronics. The Batteries and Electronics segment includes various forms of merchandise for defense, aviation, telecom and commercial application. Its merchandise consists of batteries, which include Lead Acid Batteries, Nickel-Cadmium Batteries and Specialized Defense Batteries; Power Electronics, which incorporates Thyristor Battery Charger, Switch Mode Rectifiers, Battery Monitoring System and Earth Leakage Monitor; Concrete Products, including Spun Concrete Poles, Spun Concrete Poles, Spun Concrete Poles and Hollow Core Slabs; Renewable energy, which incorporates Off-grid Solar Systems and HBL Green Products Division, and Engineering Solutions, which incorporates Training Simulators and Railways, consisting of Data Loggers, Audio Frequency Track Circuit, Electronic Interlocking System, Train Collision Avoidance System, Train Management System, SPAD Alert System and Rail System Unit.

Read More..

HBL Power Sys Share Price

New

₹ | |

Volume
Price

Quarterly Price

Quarterly Monthly
Show Value Show %

Peer Comparison

HBL Power Sys Quarterly Results

#(Fig in Cr.) Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
Net Sales 283 349 374 320 314 332 403 467 557 599
Other Income 4 3 5 3 4 5 5 3 3 5
Total Income 287 352 379 323 318 338 408 470 560 605
Total Expenditure 258 303 321 285 281 294 358 390 456 486
Operating Profit 29 48 58 38 38 43 50 81 104 118
Interest 1 2 2 1 1 2 3 2 3 3
Depreciation 9 9 8 8 8 9 10 10 10 11
Exceptional Income / Expenses -2 -1 -1 -0 2 1 -1 0 -0 -3
Profit Before Tax 17 37 46 29 30 33 36 69 91 102
Provision for Tax 2 12 13 9 10 11 1 18 24 23
Profit After Tax 15 25 32 20 20 23 35 52 67 78
Adjustments 0 -0 1 0 1 1 -0 0 2 1
Profit After Adjustments 15 25 33 20 20 24 35 52 69 79
Adjusted Earnings Per Share 0.5 0.9 1.2 0.7 0.7 0.9 1.3 1.9 2.5 2.9

HBL Power Sys Profit & Loss

#(Fig in Cr.) Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
Net Sales 1710 1307 1350 1299 1414 1603 1266 1092 912 1236 1369 2026
Other Income 8 10 22 13 18 24 13 17 10 14 18 16
Total Income 1718 1317 1372 1312 1432 1627 1279 1108 922 1251 1386 2043
Total Expenditure 1481 1212 1211 1164 1286 1477 1169 1011 845 1097 1217 1690
Operating Profit 237 105 161 148 146 150 110 97 77 153 169 353
Interest 126 76 71 68 46 41 31 22 15 7 7 11
Depreciation 64 39 53 51 48 46 44 41 39 35 35 41
Exceptional Income / Expenses 8 56 -13 -2 3 -10 7 5 -5 11 1 -4
Profit Before Tax 55 46 24 27 54 55 43 40 19 122 130 298
Provision for Tax 18 8 10 12 16 23 15 14 6 29 31 66
Profit After Tax 37 38 14 15 38 32 28 26 14 94 98 232
Adjustments -14 1 0 0 0 0 0 0 0 0 0 3
Profit After Adjustments 23 40 14 15 38 32 28 26 14 94 99 235
Adjusted Earnings Per Share 0.9 1.6 0.6 0.6 1.4 1.1 1 0.9 0.5 3.4 3.6 8.6

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 11% 8% -3% -2%
Operating Profit CAGR 10% 20% 2% -3%
PAT CAGR 4% 56% 25% 10%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR 403% 144% 83% 43%
ROE Average 11% 8% 6% 5%
ROCE Average 14% 11% 9% 9%

HBL Power Sys Balance Sheet

#(Fig in Cr.) Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Shareholder's Funds 617 562 565 609 729 752 766 773 782 866 951
Minority's Interest 25 -1 0 -1 -2 -2 0 0 0 0 0
Borrowings 417 227 201 107 28 6 7 1 11 28 39
Other Non-Current Liabilities 47 28 21 19 16 17 14 22 24 23 18
Total Current Liabilities 1035 956 800 735 725 613 424 358 238 262 347
Total Liabilities 2140 1772 1587 1468 1496 1386 1212 1154 1054 1178 1355
Fixed Assets 847 495 456 416 417 363 321 304 279 265 320
Other Non-Current Assets 130 85 70 89 73 67 73 56 97 120 102
Total Current Assets 1163 1192 1060 964 1006 934 802 774 659 792 933
Total Assets 2140 1772 1587 1468 1496 1386 1212 1154 1054 1178 1355

HBL Power Sys Cash Flow

#(Fig in Cr.) Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Opening Cash & Cash Equivalents 15 16 22 22 17 6 7 12 41 26 50
Cash Flow from Operating Activities 35 -36 79 158 43 159 167 149 121 62 122
Cash Flow from Investing Activities -35 168 -13 -10 60 -8 1 -6 -32 -17 -50
Cash Flow from Financing Activities 1 -115 -66 -153 -114 -149 -163 -114 -104 -22 10
Net Cash Inflow / Outflow 1 17 -0 -5 -11 1 5 29 -14 23 82
Closing Cash & Cash Equivalent 16 22 21 17 6 7 12 41 26 50 132

HBL Power Sys Ratios

# Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Earnings Per Share (Rs) 0.93 1.57 0.56 0.59 1.39 1.14 1 0.95 0.5 3.39 3.56
CEPS(Rs) 3.99 3.08 2.63 2.59 3.13 2.81 2.61 2.42 1.9 4.65 4.83
DPS(Rs) 0.15 0.2 0.2 0.25 0.25 0.25 0.3 0.3 0.35 0.4 0.45
Book NAV/Share(Rs) 24.36 22.2 22.32 24.08 26.3 27.12 27.64 27.88 28.21 31.23 34.32
Core EBITDA Margin(%) 12.78 6.81 9.58 9.57 8.37 7.71 7.68 7.37 7.39 11.24 11.06
EBIT Margin(%) 10.11 8.71 6.53 6.79 6.55 5.86 5.8 5.71 3.74 10.51 9.96
Pre Tax Margin(%) 3.08 3.29 1.66 1.92 3.54 3.37 3.38 3.67 2.13 9.9 9.48
PAT Margin (%) 2.08 2.75 0.95 1.05 2.5 1.94 2.19 2.4 1.51 7.58 7.19
Cash Profit Margin (%) 5.62 5.57 4.59 4.66 5.65 4.76 5.7 6.13 5.76 10.42 9.78
ROA(%) 1.83 1.97 0.82 0.97 2.59 2.2 2.14 2.22 1.24 8.4 7.77
ROE(%) 6.21 6.53 2.44 2.53 5.74 4.28 3.65 3.41 1.77 11.37 10.83
ROCE(%) 11.54 8.29 7.44 7.92 8.5 8.23 6.94 6.48 3.87 14.79 14.02
Receivable days 102.61 126.38 104.32 106.48 106.58 103.21 117.68 111.7 111.83 80.66 80.63
Inventory Days 85.66 144.43 141.54 118.62 95.41 86.57 99.81 105.17 118.9 88.12 85.78
Payable days 94.36 131.12 104.75 81.92 67.74 49.65 45.16 40.97 47.17 37.54 40.73
PER(x) 10.19 6.24 90.75 62.01 30.94 39.31 25.39 11.68 67.45 18.7 26.75
Price/Book(x) 0.39 0.44 2.28 1.51 1.63 1.66 0.92 0.4 1.18 2.03 2.77
Dividend Yield(%) 1.59 2.05 0.39 0.69 0.58 0.56 1.18 2.71 1.05 0.63 0.47
EV/Net Sales(x) 0.72 0.71 1.43 1.1 1.16 0.99 0.71 0.35 1 1.38 1.88
EV/Core EBITDA(x) 5.17 8.84 12.01 9.7 11.22 10.64 8.17 3.93 11.89 11.1 15.2
Net Sales Growth(%) 9.33 -23.55 3.27 -3.83 8.92 13.33 -21.03 -13.75 -16.46 35.54 10.72
EBIT Growth(%) 8.12 -32.82 -22.29 0.67 5.46 -4.86 -23.27 -15.19 -44.28 280.48 4.98
PAT Growth(%) 17.64 3.22 -64.29 7.96 158.85 -17.44 -12.5 -5.47 -45.5 582.69 5.05
EPS Growth(%) 26.42 69.1 -64.12 4.31 136.27 -17.44 -12.51 -5.47 -47.64 584.09 5.06
Debt/Equity(x) 1.67 1.31 1.22 0.9 0.66 0.49 0.3 0.19 0.07 0.06 0.08
Current Ratio(x) 1.12 1.25 1.33 1.31 1.39 1.52 1.89 2.16 2.78 3.03 2.69
Quick Ratio(x) 0.64 0.61 0.68 0.77 0.83 0.92 1.13 1.31 1.55 1.86 1.72
Interest Cover(x) 1.44 1.61 1.34 1.39 2.17 2.35 2.4 2.81 2.32 17.37 20.83
Total Debt/Mcap(x) 4.31 2.97 0.53 0.6 0.44 0.29 0.33 0.49 0.06 0.03 0.03

HBL Power Sys Shareholding Pattern

# Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
Promoter 58.95 58.97 58.97 58.97 59.02 59.08 59.1 59.11 59.11 59.11
FII 0.79 0.68 1.52 1.55 1.77 0.91 2.62 2.23 2.66 4.58
DII 19.78 17.79 12.59 3.6 0 0 0.14 0.08 0.41 0.66
Public 20.48 22.55 26.92 35.88 39.21 40 38.14 38.58 37.82 35.65
Others 0 0 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100 100 100

Pros

  • Company has delivered good profit growth of 25% CAGR over last 5 years
  • Company is almost debt free.

Cons

  • Company has a low return on equity of 8% over the last 3 years.
  • Debtor days have increased from 37.54 to 40.73days.
  • Stock is trading at 12.4 times its book value.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

HBL Power Sys News

IPO

Companies Open Date Close Date Issue Price Cost of 1 Lot GMP Expected Listing Listing Gain(%) Listing Price Current Price Type Exchange

View more.....

Companies Open Date Close Date Issue Price Cost of 1 Lot GMP Expected Listing Listing Gain(%) Listing Price Current Price Type Exchange

View more.....

Companies Open Date Close Date Issue Price Cost of 1 Lot GMP Expected Listing Listing Gain(%) Listing Price Current Price Type Exchange

View more.....

Companies Open Date Close Date Issue Price Cost of 1 Lot GMP Expected Listing Listing Gain(%) Listing Price Current Price Type Exchange

View more.....

Companies Open Date Close Date Issue Price Cost of 1 Lot GMP Expected Listing Listing Gain(%) Listing Price Current Price Type Exchange

View more.....

You May Also Know About

Unlisted Shares Pre-IPO Shares ESOP Shares Delisted Shares

Please Login!

Click to Login
OR
Get free Account

Error!