HBL Power Systems Ltd


BSE: 517271 | NSE: HBLPOWER | ISIN: INE292B01021 
Market Cap: [Rs.Cr.] 479 | Face Value: [Rs.] 1
Industry: Dry Cells

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Company Profile

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 1993-94, it also started Manufacturing storage batteries to include sealed lead acid (SLA) batteries. In 1998-99,HBL Ltd and Pinaki Technologies was merged with the company as per the direction of the Hon'ble Highcourt of Andhra Pradesh and established a manufacturing facility for switch mode rectifiers at Kothu, Mahaboobnagar Dist., and the division started commercial production. During 1999-2000,the 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 2001-02 the company allotted shares to HBL Engineering Pte LtdSingapore, subsequently it had become a wholly owned subsidiary of HBL NifePower Systems Ltd. The company's buy back programme was refused bySEBI and hence the proposal has been dropped. As approved by the company in the last General Meeting, the Hon'ble High Court of Andhra Pradesh vide its Order dated 27th February, 2004 approved the scheme of amalgamation for the merger of the Company's subsidiary, M/s Compact Power Services Pvt Ltd. with the company.

Peer Comparison

Company Market Cap
(Rs. in Cr.)
P/E (TTM)
(x)
P/BV (TTM)
(x)
EV/EBIDTA
(x)
ROE
(%)
ROCE
(%)
D/E
(x)
Eveready Inds. 604.70 44.49 1.02 5.60 1.4 5.7 0.43
HBL Power System 479.44 0.00 0.82 6.19 2.8 8.4 1.44
Indo National 157.80 12.31 1.08 5.54 3.8 5.7 0.03
Panasonic Energy 80.89 11.63 1.11 1.31 10.5 17.7 0.00
Shervani Indl Sy 27.22 0.00 0.14 0.00 0.0 0.0 0.01

Futures & Options Quote

 
Expiry Date
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Strike Price: NA
Open Price: NA
Average Price: NA
No. of Contracts Traded: NA
Open Interest: NA
Underlying: NA
Option Type: NA
Market Lot: NA
Previous Close: NA
Day’s High | Low: NA | NA
Turnover (Cr.): NA
Open Int. Change: NA | NA
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Key Information

Key Executives:

A J Prasad , Chairman & Managing Director  

P Ganapathi Rao , Director  

Preeti Khandelwal , Director  

M S S Srinath , Whole-time Director  


Company Head Office / Quarters:
8-2-601 Road No 10,
Banjara Hills,
Hyderabad,
Andhra Pradesh-500034
Phone : 91-40-23355575/23351934/23355085
Fax : 91-40-23355048/23353189
E-mail :
contact@hbl.in
investor@hbl.in
Web : http://www.hbl.in
Registrars:
Karvy Computershare Pvt Ltd
Karvy House 46
Road No 4 Street No1
Banjara Hills
Hyderabad - 500034Plot No 17-24
Vittal Rao Nagar
Madhapur
Hyderabad-500081

Fund Holding


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