HBL ENGINEERING LTD
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HBL Engineering Ltd

74
, HBL Power System Ltd manufactures incorporated in 1983 and services different types of batteries, e-mobility, and other products.
The company ranks 2nd globally in the industrial nickel batteries segment and 3rd** in India's VRLA lead batteries segment. It is also the only manufacturer of PLT lead batteries in the country.

Business Verticals:-
1) Industrial Batteries (64% in Q1 FY25 vs 74% in FY23)
2) Defense & Aviation Batteries (18% in Q1 FY25 vs 13% in FY23
3) Electronics (17% in Q1 FY25 vs 10% in FY23): In the Railway Electronics segment the company offers 2 flagship products.
a) TCAS (Train Collison Avoidance System)
b) TMS (Train Management System
Future growth company.( smallcap).
High Risk & High growth potential

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