High Energy Batteries (India) Limited — Quarter and Year ended 31 March 2026 (Audited)
| S.No | Particulars | 3 months ended 31.03.2026 (Audited) | 31.12.2025 (Unaudited) | 31.03.2025 (Audited) | 31.03.2026 (Audited) | 31.03.2025 (Audited) |
|---|---|---|---|---|---|---|
| 1 | a) Revenue from Operations | |||||
| – Revenue from Sale of products | 2937.09 | 2320.30 | 3585.92 | 8310.24 | 8075.22 | |
| – Other Operating Revenues | 13.35 | 25.07 | 22.20 | 42.40 | 24.60 | |
| b) Other Income | 58.15 | 28.84 | 174.17 | 588.18 | 571.26 | |
| Total Income (a)+(b) | 3008.59 | 2374.21 | 3782.29 | 8940.82 | 8671.08 | |
| 2 | Expenses: | |||||
| a) Cost of Materials Consumed | 490.22 | 1148.87 | 1157.45 | 2297.18 | 2347.11 | |
| b) Changes in Inventories of finished goods, stock-in-trade and work-in-progress | 361.44 | (459.36) | (73.62) | 160.85 | (32.70) | |
| c) Employee Benefits Expense | 471.82 | 583.76 | 558.20 | 2193.15 | 1983.26 | |
| d) Finance Cost | 45.93 | 65.71 | 53.12 | 185.57 | 148.28 | |
| e) Depreciation and Amortization Expenses | 29.55 | 27.92 | 26.37 | 109.45 | 91.00 | |
| f) Power and fuel | 33.40 | 42.25 | 41.51 | 167.09 | 145.56 | |
| g) Other Expenses | 426.01 | 292.18 | 672.45 | 1628.17 | 1920.19 | |
| Total Expenses | 1858.37 | 1701.33 | 2435.48 | 6741.46 | 6602.70 | |
| 3 | Profit/(Loss) before Ordinary Activities after Finance costs but before Exceptional items | 1150.22 | 672.88 | 1346.81 | 2199.36 | 2068.38 |
| 4 | Exceptional Items | 124.66 | – | – | 124.66 | – |
| 5 | Profit / (Loss) from ordinary activities before Tax (3-4) | 1025.56 | 672.88 | 1346.81 | 2074.70 | 2068.38 |
| 6 | Tax Expenses | |||||
| (1) Current Tax | 271.98 | 168.20 | 341.54 | 535.76 | 534.54 | |
| (2) Deferred Tax | (5.53) | 4.34 | 6.55 | (0.24) | 0.85 | |
| Total Tax Expense | 266.45 | 172.54 | 348.09 | 535.52 | 535.39 | |
| 7 | Net profit/(loss) from ordinary activities after Tax (5-6) | 759.11 | 500.34 | 998.72 | 1539.18 | 1532.99 |
| 8 | Other Comprehensive Income | |||||
| A Items that will not be reclassified to Statement of Profit and Loss | ||||||
| (i) Remeasurement benefit of defined benefit plans | (35.29) | (17.09) | (39.31) | (86.56) | (62.05) | |
| (ii) Income tax expense on remeasurement benefit of the defined benefit plans | 8.89 | 4.30 | 9.90 | 21.79 | 15.62 | |
| (iii) Net fair value gain/(loss) on investment in equity instruments through OCI | 10.76 | (17.30) | (39.63) | (15.84) | (33.49) | |
| (iv) Income Tax Expense on gain on fair valuation of investment in equity instruments through OCI | (4.70) | 3.44 | 7.34 | 0.59 | 5.05 | |
| TOTAL OTHER COMPREHENSIVE INCOME (A+B) | (20.34) | (26.65) | (61.70) | (80.02) | (74.87) | |
| 9 | Total Comprehensive income for the period | 738.77 | 473.69 | 937.02 | 1459.16 | 1458.12 |
| 10 | Paid up Equity Share Capital | 179.28 | 179.28 | 179.28 | 179.28 | 179.28 |
| 11 | Earnings per equity share (face value of Rs.2/- each) (not annualised) | |||||
| Basic (in Rs.) | 8.47 | 5.58 | 11.14 | 17.17 | 17.10 | |
| Diluted (in Rs.) | 8.47 | 5.58 | 11.14 | 17.17 | 17.10 | |
| 12 | Other Equity | – | – | – | 10970.96 | 9780.72 |
| S.No | Particulars | 3 months ended 31.03.2026 (Audited) | 31.12.2025 (Unaudited) | 31.03.2025 (Audited) | Year ended 31.03.2026 (Audited) | Year ended 31.03.2025 (Audited) |
|---|---|---|---|---|---|---|
| 1 | Segment Revenue | |||||
| a) | Aerospace, Naval and Power System Batteries | 2950.44 | 2345.37 | 3608.12 | 8352.64 | 8098.97 |
| b) | Lead Acid Storage Batteries | – | – | – | – | 0.85 |
| Total | 2950.44 | 2345.37 | 3608.12 | 8352.64 | 8099.82 | |
| Less: Inter Segment Revenue | – | – | – | – | ||
| Net Sales/Income From Operations | 2950.44 | 2345.37 | 3608.12 | 8352.64 | 8099.82 | |
| 2 | Segment Results (Profit/(Loss) before tax and Interest from each segment | |||||
| a) | Aerospace, Naval and Power System Batteries | 1066.19 | 767.75 | 1532.53 | 2333.19 | 2427.20 |
| b) | Lead Acid Storage Batteries | (15.66) | (16.34) | (132.54) | (61.15) | (179.36) |
| Total | 1050.53 | 751.41 | 1399.99 | 2272.04 | 2247.84 | |
| Less: | ||||||
| i) | Finance Cost – Aerospace, Naval and Power System Batteries | (45.93) | (65.71) | (53.12) | (185.57) | (148.28) |
| ii) | Other Unallocable Expenditure | (16.08) | (12.82) | (14.09) | (51.49) | (47.82) |
| iii) | Unallocable income | 37.04 | – | 14.03 | 39.72 | 16.64 |
| Total Profit/(Loss) before Tax | 1025.56 | 672.88 | 1346.81 | 2074.70 | 2068.38 | |
| 3 | Segment Assets | |||||
| a) | Aerospace, Naval and Power System Batteries | 13374.51 | 13906.57 | 12010.48 | 13374.51 | 12010.48 |
| b) | Lead Acid Storage Batteries | 154.01 | 156.15 | 164.39 | 154.01 | 164.39 |
| c) | Unallocated | 268.72 | 499.61 | 353.84 | 268.72 | 353.84 |
| Total | 13797.24 | 14562.33 | 12528.71 | 13797.24 | 12528.71 | |
| 4 | Segment Liabilities | |||||
| a) | Aerospace, Naval and Power System Batteries | 2314.61 | 3807.78 | 2235.36 | 2314.61 | 2235.36 |
| b) | Lead Acid Storage Batteries | 0.75 | 5.03 | 0.88 | 0.75 | 0.88 |
| c) | Unallocated | 331.64 | 338.06 | 332.47 | 331.64 | 332.47 |
| Total | 2647.00 | 4150.87 | 2568.71 | 2647.00 | 2568.71 |
| Particulars | As at 31st March, 2026 | As at 31st March, 2025 |
|---|---|---|
| I. ASSETS | ||
| Non-Current assets | ||
| (a) Property, Plant and Equipment | 4002.04 | 3846.29 |
| (b) Capital Work-in- Progress | 154.53 | 31.40 |
| (c) Other Intangible Assets | 17.27 | 33.87 |
| (d) Financial Assets | ||
| (i) Investments | 267.37 | 283.21 |
| (ii) Other Financial Assets | 1033.14 | 28.49 |
| (e) Other Non current assets | 48.97 | 37.49 |
| 5523.32 | 4260.75 | |
| Current Assets | ||
| (a) Inventories | 4107.83 | 3989.57 |
| (b) Financial Assets | ||
| (i) Trade Receivables | 2851.12 | 2673.61 |
| (ii) Cash and cash equivalents | 1.28 | 2.17 |
| (iii) Bank Balances other than (ii) above | 5.42 | 323.88 |
| (iv) Others | 761.32 | 579.36 |
| (c) Current Tax Assets (Net) | – | 62.27 |
| (d) Other current assets | 546.95 | 637.10 |
| 8273.92 | 8267.96 | |
| Total Assets | 13797.24 | 12528.71 |
| EQUITY AND LIABILITIES | ||
| II. EQUITY | ||
| (a) Equity Share capital | 179.28 | 179.28 |
| (b) Other Equity | 10970.96 | 9780.72 |
| 11150.24 | 9960.00 | |
| III. LIABILITIES | ||
| Non-current liabilities | ||
| (a) Provisions | 51.02 | 44.66 |
| (b) Deferred Tax Liabilities (Net) | 330.96 | 331.79 |
| (c) Other Non Current Liabilities | – | – |
| 381.98 | 376.45 | |
| Current liabilities | ||
| (a) Financial Liabilities | ||
| (i) Borrowings | 1155.61 | 1124.97 |
| (ii) Trade Payables | ||
| (A) Total outstanding dues of micro enterprises and small enterprises | 93.76 | 143.69 |
| (B) Total outstanding dues of creditors other than micro enterprises and small enterprises | 239.60 | 332.15 |
| (iii) Other financial liabilities | 327.66 | 428.94 |
| (b) Other current liabilities | 179.00 | 75.04 |
| (c) Provisions | 248.89 | 87.47 |
| (d) Current Tax Liabilities | 20.50 | – |
| 2265.02 | 2192.26 | |
| Total Equity and Liabilities | 13797.24 | 12528.71 |
| Particulars | Note No. | Year ended 31-Mar-2026 (Audited) | Year ended 31-Mar-2025 (Audited) |
|---|---|---|---|
| A. Cash flow from Operating activities: | |||
| Profit before tax | 2074.70 | 2068.38 | |
| Adjustments for: | |||
| Depreciation and Amortisation Expenses | 2 & 2(a) | 109.45 | 91.00 |
| Interest Paid | 28 | 185.57 | 148.28 |
| Interest received | 24 | (37.04) | (14.03) |
| Dividend received | 24 | (2.68) | (2.61) |
| Impairment of Property, Plant and Equipment | 2 & 2(a) | – | 115.09 |
| Loss on sale of Property, Plant and Equipment | 29 | 0.21 | 1.54 |
| Profit on sale of Property, Plant and Equipment | 24 | (3.80) | – |
| 251.71 | 339.27 | ||
| Operating Profit before working capital changes | 2326.41 | 2407.65 | |
| Adjustments for: | |||
| Changes in Working Capital | |||
| (Increase)/Decrease in Trade and Other Receivables | 7 | (177.51) | (634.78) |
| (Increase)/Decrease in Inventories | 6 | (118.26) | (110.48) |
| (Increase)/Decrease in Other Non-current assets | A | (21.51) | 81.44 |
| (Increase)/Decrease in Other current assets | B | (91.81) | (707.49) |
| Increase/(Decrease) in Provisions | C | 81.22 | 17.38 |
| Increase/(Decrease) Trade and other payables | 18 to 20 | (139.80) | (152.00) |
| (467.67) | (1505.93) | ||
| Cash generated from operations | 1858.74 | 901.72 | |
| Direct Tax paid net of refund | (424.37) | (511.68) | |
| Net cash from operating activities (A) | 1434.37 | 390.04 | |
| B. Cash flow from Investing activities: | |||
| Purchase / Acquisition of Property, Plant and Equipment | 2 & 2(a) | (248.60) | (276.63) |
| Change in CWIP | 2(c) | (123.14) | (31.40) |
| Change in other Intangible assets | 2(b) | (1.31) | (23.09) |
| Sale of Property, Plant and Equipment | 4.90 | 1.67 | |
| Investment in equity shares | – | (158.56) | |
| Term deposit with Bank | 9 | (683.18) | (214.81) |
| Interest received | 24 | 37.04 | 14.03 |
| Dividend received | 24 | 2.68 | 2.61 |
| Net cash used in investing activities (B) | (1011.61) | (686.18) | |
| C. Cash flow from Financing activities: | |||
| Working Capital Loan availed/ (repaid) – (net) | 18 | 30.64 | 647.90 |
| Dividend paid | (268.92) | ( |