HBL Power Systems Ltd
HBL Power Systems Ltd (HBLPOWER)

HBL Power Systems Ltd (HBLPOWER)

₹82.70.36%

Key Stats

₹81.75
Day's Price Range
₹86.85
₹40.5
52-Week Price Range
₹93.35
1 Month Return1.91 %
3 Month Return28.04 %
1 Year Return82.3 %

Company Financials

  • Quarterly
  • Annual
Value in ₹ crore

Peer Comparsion

PE
Rank 2
33.09
EPS
Rank 3
₹2.48
BVPS
Rank 3
₹28.21
Dividend Yield
Rank 2
1.05%
ROE
Rank 3
2.29%
Price To Book Ratio
Rank 2
2.92
Debt To Asset
Rank 3
0.24

Company Information

HBL NIFE Power Systems Limited Formerly known as Sab Nife Power Systems is a leading battery and power systems company based in Hyderabad India. The company came in to existence as a result of the merger in 1999 of Hyderabad Batteries Ltd HBL incorporated in 1977 and SAB Nife Power Systems Ltd incorporated in 1986. The two companies which were under the same management were merged when foreign of equity investment in SAB NIFE became too small to justify separate legal entities. Now the company has become the leading supplier of specialised batteries and power electronics in India with a strong presence in several other countries. Sab Nife Power Systems was incorporated in1988 by A J Prasad in a Joint Venture with Nife Sweden.The company commenced commercial production in August 1988. At Present the company has 3 subsidiaries namely Bhagirath Energy Systems Pvt Ltd HBL Nife UK Ltd HBL Nife M SDN BHD Malaysia. The companies subsidiary Bhagirath Energy Systems Pvt Ltd in Nepal has applied for voluntary winding up.In 1992 the company diversified into manufacturing uninterrupted power systems which was financed by a public issue in Feb.92. In 199394 it also started Manufacturing storage batteries to include sealed lead acid SLA batteries.In 199899HBL Ltd and Pinaki Technologies was merged with the company as per the direction of the Honble Highcourt of Andhra Pradesh and established a manufacturing facility for switch mode rectifiers at Kothu Mahaboobnagar Dist. and the division started commercial production. During 19992000the name of the company was changed to HBL Nife Power Systems Limited.The Company set up 100 EOU for exporting Nickel Cadmium batteries andanother for Lead Acid Products. During 200102 the company allotted shares to HBL Engineering Pte LtdSingapore subsequently it had become a wholly owned subsidiary of HBL NifePower Systems Ltd. The companys buy back programme was refused bySEBI and hence the proposal has been dropped.As approved by the company in the last General Meeting the Honble High Court of Andhra Pradesh vide its Order dated 27th February 2004 approved the scheme of amalgamation for the merger of the Companys subsidiary M/s Compact Power Services Pvt Ltd. with the company.
OrganisationHBL Power Systems Ltd
HeadquartersHyderabad
IndustryDry cells