HBL Engineering Limited

HBL Engineering's Long-Term Bank Facilities Upgraded to CARE AA- Stable

HBL Engineering Limited's long-term bank facilities have been upgraded to CARE AA- Stable from CARE A+ Positive by CARE Ratings. This upgrade is driven by the company's shift towards the high-growth railway electronics segment, particularly the Kavach system, and its strong financial performance in FY26 with revenue up 68%. Short-term facilities are reaffirmed at CARE A1+.

HBL Engineering Uploads Video Recording of 40th AGM Held on September 26, 2026

HBL Engineering Limited has made the video recording of its 40th Annual General Meeting (AGM) available. The AGM took place on September 26, 2026, via video conference. The recording can be accessed on the company's website.

HBL Engineering Limited Concludes 40th AGM; All Resolutions Passed

HBL Engineering Limited held its 40th AGM on September 26, 2026. All resolutions, including financial statement adoption, dividend declaration, director appointments, and borrowing limits, were passed. The meeting concluded with positive voting outcomes on all agenda items.

HBL Engineering Sets Record Date for Dividend Payout on Sep 11, 2026

HBL Engineering Limited has set Friday, September 11, 2026, as the record date for determining shareholder eligibility to receive a proposed 100% dividend of Re.1 per share. The 40th Annual General Meeting is scheduled for Saturday, September 26, 2026, where the dividend will be proposed. Remote e-voting for the AGM will be open from September 23 to September 25, 2026.

HBL Engineering Sets Record Date for Dividend and E-voting on Sep 11, 2026

HBL Engineering Limited approved its unaudited financial results for the quarter ended June 30, 2026. The company set September 11, 2026, as the record date for dividend eligibility and e-voting. Book closure is from September 12 to September 26, 2026. The AGM is scheduled for September 26, 2026.

HBL Engineering Declares Dividend, Sets AGM for Sep 26, Approves Q1 FY27 Results

HBL Engineering approved unaudited standalone and consolidated financial results for Q1 FY27, ending June 30, 2026. Standalone PAT was ₹105.47 crore (down from ₹139.73 crore), and consolidated PAT was ₹110.91 crore (down from ₹143.35 crore). The company set September 26, 2026, as the AGM date and declared September 11, 2026, as the record date for dividend eligibility.

HBL Engineering Secures ₹31.49 Crore Order from ICF for KAVACH Loco Equipment

HBL Engineering Limited has accepted an order valued at ₹31.49 Crores (excluding GST) from Integral Coach Factory (ICF), Chennai. The contract is for the supply, installation, testing, and commissioning of On-board KAVACH Loco equipment (Ver.4.0). The project is expected to be completed by March 31, 2028.

HBL Engineering Limited Files Annual Disclosure on Share Encumbrance under SEBI Takeover Regulations

HBL Engineering Limited filed its annual disclosure regarding share encumbrance by promoters and related parties as of March 31, 2026. The filing was made on April 07, 2026, in compliance with SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.

HBL Engineering Secures ₹1,714 Crore KAVACH Loco Equipment Order from CLW

HBL Engineering Limited received a Letter of Acceptance from Chittaranjan Locomotive Works (CLW) for supplying, installing, testing, and commissioning On-board KAVACH Loco equipment (Ver.4.0). The domestic contract is valued at ₹1,714 Crores (excluding GST) and is to be completed within 12 months.

HBL Engineering: No Deviation in Fund Utilization for Q4 FY26

HBL Engineering Limited reported no deviation in the utilization of funds raised through shares for the quarter ended March 31, 2026. The company did not raise any funds through shares during this period. The Audit Committee reviewed the nil deviation statement on May 23, 2026.

HBL Engineering FY26 Results Significantly Better Than FY25; FY27 Estimates Cautiously Optimistic

HBL Engineering's FY26 results significantly surpassed FY25, with Q4 FY26 sales higher but profitability lower due to Kavach contract variations and other operational costs. FY27 projections indicate improved sales and profits, though quarterly profitability will vary. Future high-tech ventures are expected to drive substantial growth.

HBL Engineering Board Approves FY26 Audited Results, Recommends 100% Final Dividend

HBL Engineering's Board approved FY26 audited results and recommended a 100% final dividend (Re.1 per share). The 40th AGM is scheduled for September 26, 2026. M/s. Sagar & Associates were appointed as Cost Auditors for 2026-27.

HBL Engineering Secures ₹83.81 Crore KAVACH Equipment Order from Patiala Loco Works

HBL Engineering Limited received an order for ₹83.81 Crores from Patiala Loco Works for KAVACH equipment. The contract includes supply, testing, and commissioning, with completion due by April 15, 2027. This is a domestic order and not a related party transaction.

HBL Engineering Secures ₹83.81 Crore Order for KAVACH Equipment

HBL Engineering Limited has received an order valued at ₹83.81 Crores from Patiala Loco Works for the supply, testing, and commissioning of On-board KAVACH equipment. The contract is expected to be completed by April 15, 2027. Promoters have no interest in the awarding entity.

HBL Engineering signs JV Agreement with Cochin Shipyard for Electric Mobility Tech

HBL Engineering and Cochin Shipyard executed a Joint Venture Agreement on March 25, 2026. The JV, 'GREEN MARITIME PROPULSION PRIVATE LIMITED', will focus on electric mobility and energy storage in the maritime sector. HBL will hold a 60% stake with a ₹5.40 crore investment, and CSL will hold 40% with a ₹3.60 crore investment.

HBL Engineering Holds Meeting with SBI Mutual Fund Manager on March 18, 2026

HBL Engineering Limited conducted a physical one-on-one meeting with a Fund Manager from SBI Mutual Fund on March 18, 2026. The company shared publicly available information and confirmed no unpublished price sensitive information was disclosed.

HBL Engineering to Meet SBI Mutual Fund Manager on March 18

HBL Engineering Limited will participate in a one-to-one physical meeting with SBI Mutual Fund Manager on March 18, 2026. Only publicly available information will be shared during the meeting.

HBL Engineering Long-Term Rating Reaffirmed CARE A+; Positive

HBL Engineering Limited's long-term bank facilities rating has been reaffirmed as CARE A+ with a Positive outlook by CARE Ratings Limited. Short-term facilities rating reaffirmed as CARE A1+. The company surrendered project-specific working capital limits, leading to their withdrawal. Total rated facilities stand at ₹798.75 crore.

HBL Engineering Secures ₹800.36 Crore KAVACH Equipment Order from BLW

HBL Engineering Limited has been awarded a contract worth ₹800.36 Crores by Banaras Locomotive Works. The order includes supply, testing, and commissioning of On-board KAVACH equipment (Ver.4.0). The contract is expected to be completed within 12 months. This is a domestic order with no promoter interest.

HBL Engineering Declares ₹2 Interim Dividend; Approves JV with Cochin Shipyard

HBL Engineering approved its Q3 FY26 results and declared an interim dividend of ₹2 per share, with a record date of February 13, 2026. The company also approved a Joint Venture with Cochin Shipyard and equity investments in two startups, Yaanendriya Private Limited and Xalten Systems Private Limited.

HBL Engineering Secures ₹575 Crore Order for KAVACH Equipment from Integral Coach Factory

HBL Engineering Limited secured a domestic order worth ₹575 Crores from Integral Coach Factory, Chennai. The contract is for the supply, testing, and commissioning of On-board KAVACH equipment (Ver.4.0) and is to be completed within 12 months.

HBL Engineering to form JV with Cochin Shipyard for electric mobility tech

HBL Engineering Limited and Cochin Shipyard Limited plan to form a Joint Venture, with HBL holding 60% and CSL 40%. The JV will focus on developing electric mobility technology and energy storage solutions for the marine sector. This collaboration aims to capitalize on sustainable marine technology trends.

HBL Engineering FY27 Kavach Business: Rs. 1,900 Cr Expected Sales

HBL Engineering expects Kavach business sales of at least ₹1,900 Crores in FY 2027, comprising ₹1,000 Crores from loco units and ₹900 Crores from station business. The company did not secure orders from the CLW loco Kavach tender. Kavach sales for FY 2026 are estimated at ₹1,880 Crores.

HBL Engineering Secures New Orders Worth Over ₹18,429 Units, Unforeseen Demand

HBL Engineering reports on its 2024 orders, delivering 1,659 out of 2,200 Loco TCAS units. Unforeseen demand for the next year is estimated at 18,429 units, stemming from 7,000 re-tendered units and three new tenders totaling 11,429 units. These new tenders are expected to be decided before March 31, 2026.

HBL Engineering Reports Exceptionally Strong Q2 FY26 Results, Cautions on Future Expectations

HBL Engineering reported exceptionally strong Q2 FY26 standalone and consolidated results, with significant increases in income and net profit. Management, however, cautioned that this performance is extraordinary and not expected in future quarters.

HBL Engineering's Credit Rating Outlook Revised to Positive by CARE Ratings

CARE Ratings reaffirmed HBL Engineering's credit ratings for bank facilities, revising the outlook from 'Stable' to 'Positive' for long-term and long-term/short-term facilities, based on strong financial performance.

HBL Engineering sets Record Date and Book Closure for 100% Dividend and AGM E-voting

HBL Engineering clarifies news article and provides key financials for Q1 FY26

HBL Engineering Approves Unaudited Financial Results for Quarter Ended June 30, 2025