About HBL Engineering Limited

HBL Engineering Limited (previously HBL Power Systems Limited) operates as a company which creates specialized batteries and electronics and engineering products. The company started its commercial operations in 1986 and operates as an Indian Non-Government Company with its headquarters in Hyderabad Telangana.  The company produces industrial and Defence & Aviation batteries together with railway and industrial electronics products including KAVACH (Train Collision Avoidance System) and Train Management System (TMS).  

The company operates through various manufacturing sites and regional offices across India to deliver products to 59 international markets while exports generated a significant portion of its revenue during the previous year. The company maintained 5 subsidiaries and 2 associate companies as of March 31, 2025 while operating in both Indian and international markets through these entities. The company received approval to rename to HBL Engineering Limited which led to the issuance of a new certificate of incorporation on November 13, 2024.  

HBL maintains enduring business relationships with Indian Railways and Government entities while holding safety-critical railway system deployment certification which demonstrates its engineering-focused approach.

HBL Engineering Limited’s Business Segments

Batteries: 71.04% of turnover. The company generates 71.04% of its revenue from batteries while electronics contribute 28.96% to its total sales.  The company generated 23.15% of its total revenue from international sales during the most recent fiscal year.

HBL Engineering Limited Key Management

• Dr. A. J. Prasad serves as the Chairman and Managing Director of the company
• M. S. S. Srinath serves as the Whole-time Director of the company 
• The Chief Financial Officer of the company is Sairam Edara
• GBS Naidu serves as the Company Secretary

Latest Updates on HBL Engineering Limited

• The company underwent a corporate identity change when it received its new certificate of incorporation as HBL Engineering Limited on November 13 2024.  
• The company established Mittelstand Technology Partners as an Alternative Investment Fund (Category II) to support entrepreneurial investments in technology-based businesses.  
• The company plans to invest Rs 100 crore in CY 2025 to develop high energy-density cell manufacturing capabilities after spending Rs 40 crore on a pilot project.  
• The German company Siemens has selected HBL as one of two worldwide suppliers to produce lithium-ion batteries for their train and metro car projects while HBL LIB batteries have been acquired by defense organizations operating abroad for their armored vehicles.  
• The company maintains its position as a railway electronics supplier through KAVACH and TMS while holding safety-critical deployment certification for Indian Railways.  
• HBL conducted successful road tests of its electric drive trains for lorries which led to the company planning to launch 35- and 55-tonne GVW models starting from October 2026.