HBL Power Systems Limited is into manufacturing of various types of batteries including Lead Acid, Nicad, Silver Zinc, Lithium and Railway & Defense Electronics, Solar Photovoltaic Modules and other products. The company is also engaged in services related to these products.
Two years ago, an investment of Rs 1 lakh in the shares of this company has become Rs 5.65 lakh today.
Looking at the financial performance, for the latest quarter, on a consolidated basis, the company’s net revenue has grown by 38.69% YoY to Rs 319.70 crore. However, the bottom line declined by 3.04% to Rs 19.98 crore on YoY basis.
On the relative valuation front, the company is currently trading at a TTM PE of 31.28 times against the corresponding industry sector PE of 20.58 times. The company delivered ROE and ROCE of 11.3% and 14.7% respectively in the last financial year.
The company is a component of A group shares and has a market capitalization of Rs. 2,917.48 crores. The stock’s last 52-week high and low on BSE were Rs. 121.80 and Rs. is 48.05.