Hbl Power Share Price

HBL Power Systems Ltd overview

HBL Power Systems Ltd - journey

• 1986 – Incorporation of SAB Nife Power Systems Ltd by Dr. A.J. Prasad, K.S. Varaprasada Reddy and other five persons. The object of the company was to manufacture Nickel Cadmium Pocket plate batteries.
• 1991 – The Company undertook to set up a facility to manufacture UPS – Uninterrupted Power Systems. The company entered into an arrangement with NIFE, Sweden for the manufacturing of UPS.
• 1992 – The company came out with the initial public offering and 30 Lakh shares were issued to the public including to the employees. The company became a publicly traded company with its listing on the exchange.
• 2003 – Foreign promoter’s stake was taken over by the other promoters of the company.
• 2005 – The company announces its plan to set up 3 new battery manufacturing facilities
• 2006 – The name of the company was changed from HBL Nife Power Systems to HBL Power Systems Ltd. Issue of right shares.
• 2009 – The company sets up a Joint Venture Company in Saudi Arabia to manufacture Industrial batteries. Sub-division of shares – face value changed from Rupees 10 to Rupee 1.
• 2014 – Best vendor award from Hindustan Aeronautics Ltd
• 2020-21 – Won an order from BHEL for a solar project in Nigeria for the supply of batteries. Commencement of manufacture and supply of batteries for submarines and torpedoes used by the Indian Navy. Signed an MoU with Ericsson for the deployment of Long Term Evolution communication system for Indian Railways.
• 2021-22 - Obtained orders from the Naval Science and Technology Laboratory to manufacture and supply batteries for Defence applications. Completed deployment of TCAS (Train Collision Avoidance System) over 347 km in South Central Railway. Won a contract for TCAS for over 260 km from Eastern Railway.

HBL Power Systems Ltd - Initial Public Offer (IPO)

HBL Power Systems Ltd products

HBL Power Systems Ltd business highlights

HBL Power Systems Ltd performance highlights

HBL Power Systems Ltd management

• Chairperson, CEO and Managing Director: Aluru Jagadish Prasad
• Executive Director: Kavita Prasad Aluru
• Chief Finance Officer (CFO): Not Available (K Sridharan retired in September 2022)
• Investor Relations: MVSS Kumar

Battery industry overview

Size of the Indian Battery industry

Industry growth prospects

HBL Power Systems Ltd.’s growth prospects

Risks and concerns

• Volatility in the raw material costs and inflation can impact the profit margins of the company. This can impact the HBL Power System Ltd stock price.
• The company is selling to the government and government organisations. It has its challenges and concerns such as uncertainty, delay in the realisation of sales proceeds, etc.
• The government business largely depends on the company’s ability to win tenders and execute them, this adds to the uncertainty of getting new business and increasing sales volume.

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