HBL Engineering Ltd
HBL Engineering Ltd Q3 FY23 Results & Presentation Highlights: Revenue ₹1,308 Cr
Q3 FY23 investor presentation: what the company reported on revenue, margins and projects.
Based on HBL Engineering Ltd's Q3 FY23 investor presentation. The company has not published an earnings-call transcript for this quarter, so figures here are what the presentation reports, not management guidance.
The short version
The presentation provides annual sales figures, not quarterly, for FY23 to FY26 (Page 9): - FY23 sales: Rs 1,308 crores - FY24 sales forecast: Rs 1,750 crores (34% increase over FY23) - FY25 sales forecast: Rs 2,300 crores (31% increase over FY24) - FY26 sales forecast: Rs 2,900 crores (26% increase over FY25) - EBITDA margin is expected to rise from 13% in FY23 to 18% by FY26. The investor presentation does not explicitly provide quarterly EBITDA, operating margin, or PAT figures, nor year-on-year changes for these metrics in the extracted pages.
From HBL Engineering Ltd's Q3 FY23 earnings-call transcript · updated 24 Sept 2026.
Revenue & Sales Performance
- The presentation provides annual sales figures, not quarterly, for FY23 to FY26 (Page 9):
- FY23 sales: Rs 1,308 crores
- FY24 sales forecast: Rs 1,750 crores (34% increase over FY23)
- FY25 sales forecast: Rs 2,300 crores (31% increase over FY24)
- FY26 sales forecast: Rs 2,900 crores (26% increase over FY25)
- EBITDA margin is expected to rise from 13% in FY23 to 18% by FY26.
- No explicit quarterly revenue or volume figures given.
- Outlook (Page 29-30):
- Sales to grow significantly in Defence Electronics, Rail, and Electric Drive Trucks from FY24 onwards.
- Sales to Tonbo Imaging expected to reach a few hundred crores per year by FY28.
- HBL plans to start Electric Drive Truck sales in FY25.
2 more points management made on revenue & sales performance
Profitability & Margins
See what HBL Engineering Ltd said on profitability & margins — free account, 30 seconds.
Capital Expenditure Plans
- FY24 Capex planned: Rs 90 crores (Page 11)
- Rs 150 crore equity investment in Tonbo Imaging India Pvt Ltd (Page 11, 24)
- Manufacturing facility established to support Tonbo, sales expected from early FY24 (Page 25)
- No similar large capex expected in following years; high FY24 capex will not be repeated soon (Page 12)
- Tonbo-related sales may reach a few hundred crores by FY28 (Page 25)
- HBL has developed in-house technology and infrastructure to support steady growth (Page 10)
- Plans to test in-house developed motors and controllers for EVs on highways in 2023 (Page 27)
2 more points management made on capital expenditure plans
Top-ranked in Industrial Products
Ranked on what management guided this quarter
Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.
Fundraising & Capital Structure
See what HBL Engineering Ltd said on fundraising & capital structure — free account, 30 seconds.
Order Book & Pipeline
2 more points management made on order book & pipeline
HBL Engineering Ltd — Quarterly revenue & net profit
Reported quarterly figures (₹ Cr). Latest: revenue ₹604 Cr, net profit ₹64 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.
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What HBL Engineering Ltd's management said in earlier quarters
Frequently Asked Questions
What were HBL Engineering Ltd Q3 FY23 results?
The presentation provides annual sales figures, not quarterly, for FY23 to FY26 (Page 9): - FY23 sales: Rs 1,308 crores - FY24 sales forecast: Rs 1,750 crores (34% increase over FY23) - FY25 sales forecast: Rs 2,300 crores (31% increase over FY24) - FY26 sales forecast: Rs 2,900 crores (26% increase over FY25) - EBITDA margin is expected to rise from 13% in FY23 to 18% by FY26. The investor presentation does not explicitly provide quarterly EBITDA, operating margin, or PAT figures, nor year-on-year changes for these metrics in the extracted pages.
What is HBL Engineering Ltd share price analysis?
HBL Engineering Ltd currently shows a neutral. The stock trades at a P/E of 26.3 with a market cap of ₹21,067 Cr. Investors should review the full earnings analysis for detailed insights.
Is HBL Engineering Ltd planning capital expenditure?
FY24 Capex planned: Rs 90 crores (Page 11) - Rs 150 crore equity investment in Tonbo Imaging India Pvt Ltd (Page 11, 24) - Manufacturing facility established to support Tonbo, sales expected from
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This analysis is AI-generated based on publicly available earnings data and the company's investor presentation. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.