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Intrinsic value · Buy/Sell verdict · scores — free· 1038 Indian stocks· EOD 2026-09-25

HBL ENGINEERING LTD

HBLENGINENSECapital Goods
₹806
+30.70 (+3.96%)
Strong Buy

Financial trend (97/100) does the heavy lifting; momentum (49/100) is the drag.

Buy zone
The bottom line

HBL ENGINEERING LTD earns a Strong Buy from StocksWizard, with a blended score of 82/100. At ₹806 it trades below our blended DCF and relative-multiples fair value of ₹1,359.2, about 69% upside to that estimate — we read it as undervalued by 69%. On 24.0x trailing earnings it sits cheaper than the Capital Goods median of about 54.6x. The price is about 26% below its 52-week high of ₹1,094.45 and 31% above the low of ₹613.95. Financial health scores 100/100, in the safe band on the Altman Z-score, with a Piotroski F-score of 6/9. It clears 12 of 14 investability checks, with durability 89, valuation 76 and momentum 49 on our 0–100 scales.

Analysis by Ankit Sharma · StocksWizard's own estimates from end-of-day public data — see how we calculate them. For information only, not investment advice.

Intrinsic value
Our fair value
₹1,359.2up 68.64%
Undervalued by 69%
Price ₹806Range ₹403–₹1,595.43
DCF + relative blendmedium confidence

With a 20% margin of safety, our buy-below price is ₹1,087.36.

1-year price

EOD · 2026-09-25
1D
up 3.96%
1W
up 6.05%
1M
up 21.23%
3M
down 0.63%
6M
up 31.28%
1Y
down 1.32%

52-week range

-26.36% from the 52-week high.

Trend check
Above 50-DMA₹710Above 200-DMA₹758

Price above both moving averages reads as an intact uptrend; below both, the trend is against you.

Verdict pillars

Strong Buy82
A
Financial health 100/100
Altman Z 16.98 · Safe zone

Piotroski F-score 6/9 — quality of earnings & balance sheet.

Our scores

Durability89
Valuation76
Momentum49

Durability rewards strong, low-debt, profitable businesses; Valuation rewards stocks cheap vs their sector; Momentum rewards strong price trends.

Investability checklist

Passed 12 of 14 checks
Each check screens one fundamentals, valuation or trend signal.
  • Pass: ROE above 15%: 44.1%
  • Pass: Low debt (D/E < 0.5): 0.03x
  • Pass: Positive free cash flow
  • Pass: Revenue growth > 10%: 27%
  • Pass: Earnings growing: 40%
  • Pass: Net margin ≥ 10%: 24.7%
  • Pass: Current ratio > 1.5: 3.57
  • Pass: Below our fair value
  • Pass: Margin of safety ≥ 20%
  • Pass: Above 200-day average
  • Pass: Above 50-day average
  • Fail: Positive 1-year return
  • Pass: Altman Z in safe zone: Z 16.98
  • Fail: Piotroski ≥ 7: 6/9

Shareholding

  • Promoter8.1%
  • Institutions55.4%
  • Public & other36.5%

Promoter holding via insider stake; institutional via reported holdings.

Key fundamentals

Market cap
₹19,365 Cr
P/E ratio
24.0
P/B ratio
8.67
EPS (TTM)
₹29.13
ROE
44.1%
Debt / Equity
0.03x
Profit margin
24.7%
Free cash flow
₹380 Cr
52-week high
₹1,094.45
-26.36% from high
52-week low
₹613.95
Dividend yield
0.3%
Beta
0.04
SWOT snapshot

Bull case vs bear case

Bull case

Strengths

  • Strong return on equity (44.1%).
  • Lightly leveraged balance sheet.
  • Healthy profit margin (24.7%).
  • Financially solid — Altman Z 16.98.

Opportunities

  • Earnings growing (40% YoY).
  • Revenue growing (27% YoY).
  • Trading in our value buy zone versus sector peers.
  • Trades ~69% below our estimated fair value.

About HBL ENGINEERING LTD

HBL Engineering Limited manufactures and sells batteries across industrial, defense, aviation, and electronics sectors in India and internationally. Its product portfolio includes lead acid, nickel-cadmium, silver zinc, and lithium batteries, along with defense-related offerings.

HBL ENGINEERING LTD — frequently asked questions

Is HBL ENGINEERING LTD a buy, hold or sell?

StocksWizard currently rates HBL ENGINEERING LTD (HBLENGINE) a Strong Buy, based on a blended score of 82/100 across valuation, quality, momentum and price trend. This is our own model-based view, not investment advice.

What is HBL ENGINEERING LTD's fair value?

Our blended DCF and relative-valuation model estimates HBL ENGINEERING LTD's fair value at about ₹1,359.2, versus a current price of ₹806 — roughly 69% upside. On that basis the stock looks undervalued by 69%.

Is HBL ENGINEERING LTD financially healthy?

HBL ENGINEERING LTD scores 100/100 on our financial-health model, placing it in the safe band on the Altman Z-score, with a Piotroski F-score of 6/9.

How has HBL ENGINEERING LTD's share price performed?

HBL ENGINEERING LTD is down 1% over the past year and down 1% over three months, and last traded at ₹806. Past performance doesn't predict future returns.

Our verdict, fair value, financial-health and checklist are StocksWizard's own estimates, computed from public end-of-day data using standard models (DCF, relative valuation, Altman Z, Piotroski). For information only — not investment advice or a recommendation. Verify independently before investing.