Here, we are going to share HBL Engineering Share Price Target 2025, 2026, 2027, 2028, 2030, 2035, 2040 on the basis of its fundamental and technical analysis.
HBL Engineering Ltd, formerly known as HBL Power Systems Limited, is an Indian engineering company that manufactures various types of batteries, e-mobility solutions, and related items.
Established in 1977 and headquartered in Hyderabad, India, the company serves sectors including transportation, oil and gas, power supply, telecom, and defense.
HBL Engineering Share Key Information
| Company Name | HBL Engineering Ltd. |
| Headquarters | India |
| Sectors | Batteries |
| Market Cap | ₹ 19,431.37 Cr. |
| No. of Shares | 27.72 Cr. |
| Book Value | ₹ 48.53 |
| Dividend Yield | 0.88% |
| ROCE | 4.78% |
| ROE | 2.95% |
| Face Value | ₹ 5 |
| Sales Growth | 15.14% |
| Profit Growth | 567.97% |
HBL Engineering Business Sector
Industrial Batteries: Lead-acid, nickel-cadmium, and specialty batteries are produced for telecom, railway, and industrial uses.
Renewable Energy: Producing energy storage solutions for solar and wind power systems.
Defense & Aviation: Batteries and power solutions are provided for defense vehicles, airplanes, and submarines.
Mobility Solutions: Developing batteries and power systems for electric vehicles (EVs).
Board Members
- A. J. Prasad: Chairman & Managing Director
- Kavita Prasad: Non-Executive Director
- P. Ganapathi Rao: Independent Non-Executive Director
- Preeti Khandelwal: Independent Non-Executive Director
- Karipineni Venkata Sriram: Independent Non-Executive Director
- Mikkilineni Srinath: President & Executive Director
- Deeksha Mikkilineni: Non-Executive Director
HBL Engineering Share Quarterly Results
| PARTICULARS | Jun 2024 | Sep 2024 |
|---|---|---|
| Net Sales | 111.66 | 127.57 |
| Total Expenditure | 108.16 | 126.29 |
| Operating Profit | 3.50 | 1.28 |
| Other Income | 1.06 | 3.36 |
| Interest | 0.71 | 0.07 |
| Depreciation | 2.76 | 2.86 |
| Exceptional Items | 0 | 0 |
| Profit Before Tax | 1.09 | 1.71 |
| Tax | 0.08 | -0.29 |
| Profit After Tax | 1.01 | 2 |
| Adjusted EPS (Rs) | 1.35 | 2.67 |
HBL Engineering Company Profits and Losses
| PARTICULARS | Mar 2023 | Mar 2024 |
|---|---|---|
| Net Sales | 404.81 | 466.08 |
| Total Expenditure | 396.79 | 451.10 |
| Operating Profit | 8.01 | 14.98 |
| Other Income | 5.96 | 5.81 |
| Interest | 2.39 | 3.75 |
| Depreciation | 10.08 | 9 |
| Exceptional Items | 0 | 0 |
| Profit Before Tax | 1.50 | 8.04 |
| Tax | 0.50 | 1.34 |
| Net Profit | 1.79 | 5.64 |
| Adjusted EPS (Rs.) | 1.34 | 8.93 |
HBL Engineering Share Price Target 2025-2040
| Year | Initial Target | Year-End Target |
|---|---|---|
| 2025 | ₹737 | ₹889 |
| 2026 | ₹904 | ₹1056 |
| 2027 | ₹1070 | ₹1223 |
| 2028 | ₹1238 | ₹1390 |
| 2029 | ₹1406 | ₹1557 |
| 2030 | ₹1563 | ₹1668 |
| 2035 | ₹2516 | ₹2665 |
| 2040 | ₹3421 | ₹3547 |
HBL Engineering Share Price Target 2025
| Year/Month | Predicted Target |
|---|---|
| January 2025 | ₹737 |
| February 2025 | ₹748 |
| March 2025 | ₹756 |
| April 2025 | ₹772 |
| May 2025 | ₹783 |
| June 2025 | ₹799 |
| July 2025 | ₹819 |
| August 2025 | ₹833 |
| September 2025 | ₹848 |
| October 2025 | ₹858 |
| November 2025 | ₹876 |
| December 2025 | ₹889 |
Based on the 2025 forecast, the initial target of HBL Engineering share can could be ₹737 and by the end of the year, the share price target is estimated to reach ₹889.
HBL Engineering Share Price Target 2026
| Year/Month | Predicted Target |
|---|---|
| January 2026 | ₹904 |
| February 2026 | ₹915 |
| March 2026 | ₹924 |
| April 2026 | ₹939 |
| May 2026 | ₹949 |
| June 2026 | ₹967 |
| July 2026 | ₹985 |
| August 2026 | ₹1000 |
| September 2026 | ₹1014 |
| October 2026 | ₹1025 |
| November 2026 | ₹1044 |
| December 2026 | ₹1056 |
Based on the 2026 forecast, the initial target of HBL Engineering share can could be ₹904 and by the end of the year, the share price target is estimated to reach ₹1056.
HBL Engineering Share Price Target 2027
| Year/Month | Predicted Target |
|---|---|
| January 2027 | ₹1070 |
| February 2027 | ₹1082 |
| March 2027 | ₹1090 |
| April 2027 | ₹1106 |
| May 2027 | ₹1117 |
| June 2027 | ₹1133 |
| July 2027 | ₹1152 |
| August 2027 | ₹1167 |
| September 2027 | ₹1181 |
| October 2027 | ₹1192 |
| November 2027 | ₹1212 |
| December 2027 | ₹1223 |
Based on the 2027 forecast, the initial target of HBL Engineering share can could be ₹1070 and by the end of the year, the share price target is estimated to reach ₹1223.
HBL Engineering Share Price Target 2028
| Year/Month | Predicted Target |
|---|---|
| January 2028 | ₹1238 |
| February 2028 | ₹1249 |
| March 2028 | ₹1258 |
| April 2028 | ₹1272 |
| May 2028 | ₹1285 |
| June 2028 | ₹1301 |
| July 2028 | ₹1320 |
| August 2028 | ₹1334 |
| September 2028 | ₹1348 |
| October 2028 | ₹1365 |
| November 2028 | ₹1380 |
| December 2028 | ₹1390 |
Based on the 2028 forecast, the initial target of HBL Engineering share can could be ₹1238 and by the end of the year, the share price target is estimated to reach ₹1390.
HBL Engineering Share Price Target 2029
| Year/Month | Predicted Target |
|---|---|
| January 2029 | ₹1406 |
| February 2029 | ₹1417 |
| March 2029 | ₹1424 |
| April 2029 | ₹1440 |
| May 2029 | ₹1452 |
| June 2029 | ₹1467 |
| July 2029 | ₹1487 |
| August 2029 | ₹1501 |
| September 2029 | ₹1514 |
| October 2029 | ₹1527 |
| November 2029 | ₹1545 |
| December 2029 | ₹1557 |
Based on the 2029 forecast, the initial target of HBL Engineering share can could be ₹1406 and by the end of the year, the share price target is estimated to reach ₹1557.
HBL Engineering Share Price Target 2030
| Year/Month | Predicted Target |
|---|---|
| January 2030 | ₹1563 |
| February 2030 | ₹1568 |
| March 2030 | ₹1571 |
| April 2030 | ₹1584 |
| May 2030 | ₹1589 |
| June 2030 | ₹1592 |
| July 2030 | ₹1598 |
| August 2030 | ₹1611 |
| September 2030 | ₹1623 |
| October 2030 | ₹1642 |
| November 2030 | ₹1653 |
| December 2030 | ₹1668 |
Based on the 2030 forecast, the initial target of HBL Engineering share can could be ₹1563 and by the end of the year, the share price target is estimated to reach ₹1668.
HBL Engineering Share Price Target 2035
| Year/Month | Predicted Target |
|---|---|
| January 2035 | ₹2516 |
| April 2035 | ₹2554 |
| July 2035 | ₹2589 |
| October 2035 | ₹2621 |
| December 2035 | ₹2665 |
Based on the 2035 forecast, the initial target of HBL Engineering share can could be ₹2516 and by the end of the year, the share price target is estimated to reach ₹2665.
HBL Engineering Share Price Target 2040
| Year/Month | Predicted Target |
|---|---|
| January 2040 | ₹3421 |
| April 2040 | ₹3475 |
| July 2040 | ₹3498 |
| October 2040 | ₹3511 |
| December 2040 | ₹3547 |
Based on the 2040 forecast, the initial target of HBL Engineering share can could be ₹3421 and by the end of the year, the share price target is estimated to reach ₹3547.
HBL Engineering Shareholding Pattern
| Terms | Percentage |
|---|---|
| Promoters | 65.35% |
| FIIs | 0.04% |
| DIIs | 0% |
| Others | 0% |
| Public | 34.6% |
HBL Engineering Company Competitors
- Exide Industries
- Amara Raja Energy
- Eveready Industries India
- Waaree Technologies
- Indo-National
- High Energy Batteries
Bull Case of HBL Engineering (Reasons to Invest)
Diverse Product Portfolio: Offers a diverse range of products, including industrial batteries, defense and aviation batteries, and electronics, catering to a wide range of markets.
Strong Financial Growth: Over the last five years, profits have increased significantly, with a compound annual growth rate (CAGR) of 66.1%.
Bear Case of HBL Engineering (Risks Involved)
High Valuation: The stock is trading at 14.2 times its book value, indicating a potentially overvalued position.
Market Volatility: Despite a beta of 0.60, indicating lower volatility than the market, the stock price has risen by 50.80% in the last 52 weeks, which may concern risk-averse investors.
HBL Engineering Share Price Target: FAQ
What will be the target of HBL Engineering Share for the year 2025?
By the end of the year 2025, its share price can reach ₹889.
What will be the target of HBL Engineering Share for the year 2026?
By the end of the year 2026, its share price can reach ₹1056.
What will be the target of HBL Engineering Share for the year 2027?
By the end of the year 2027, its share price can reach ₹1223.
What will be the target of HBL Engineering Share for the year 2028?
By the end of the year 2028, its share price can reach ₹1390.
What will be the target of HBL Engineering Share for the year 2029?
By the end of the year 2029, its share price can reach ₹1557.
What will be the target of HBL Engineering Share for the year 2030?
By the end of the year 2030 its share price can reach ₹1668.
What is the Current market cap of HBL Engineering company?
At present the market cap of this company is ₹ 425.25 Cr.
What is the NSE symbol of HBL Engineering company?
The symbol of this company in NSE exchange is NIPPOBATRY.
What is the BSE symbol of HBL Engineering company?
The symbol of this company in BSE exchange is 504058.
