High Energy Batteries (India) Limited (BSE: 561723, CIN: L36999TN1961PLC004606), a specialized manufacturer of high-tech batteries for aerospace, naval, and defense applications, announced its unaudited financial results for the first quarter ended June 30, 2026.
The company posted a soft top-line performance for Q1 FY27 due to order delivery schedules, resulting in temporary operating drag for the quarter.
Key Financial Highlights (Q1 FY27 vs Q1 FY26 & Q4 FY26)
Revenue from Operations: Stood at ₹7.88 Crore (₹788.43 Lakhs), reflecting a contraction compared to ₹13.27 Crore (₹1,327.26 Lakhs) in Q1 FY26 and ₹29.50 Crore (₹2,950.44 Lakhs) in Q4 FY26.
Total Income: Recorded at ₹8.09 Crore (₹808.87 Lakhs), down 42.97% YoY from ₹14.18 Crore (₹1,418.21 Lakhs) in Q1 FY26 and ₹30.09 Crore (₹3,008.59 Lakhs) in Q4 FY26.
Profit Before Tax (PBT): Reported a loss before tax of ₹2.44 Crore (₹-243.93 Lakhs), compared to a PBT of ₹1.05 Crore (₹105.31 Lakhs) in Q1 FY26 and ₹10.26 Crore (₹1,025.56 Lakhs) in Q4 FY26.
Net Profit (PAT): Net loss after tax for the quarter stood at ₹1.82 Crore (₹-181.50 Lakhs) after accounting for deferred tax credit, compared to a Net Profit of ₹0.78 Crore (₹78.36 Lakhs) in Q1 FY26.
Earnings Per Share (EPS): Basic and diluted EPS for the quarter stood at ₹-2.02 per equity share (face value ₹2 each), compared to ₹0.87 in Q1 FY26 and ₹8.47 in Q4 FY26.
Financial Performance Overview
Financial Metric (₹ in Lakhs) | Q1 FY27 | Q4 FY26 | Q1 FY26 | FY26 (Audited) --------------------------------------------------------------------------------------------------------- Revenue from Sale of Products | 759.62 | 2,937.09 | 1,326.23 | 8,310.24 Other Operating Revenue | 28.81 | 13.35 | 1.03 | 42.40 Other Income | 20.44 | 58.15 | 90.95 | 588.18 Total Income | 808.87 | 3,008.59 | 1,418.21 | 8,940.82 Cost of Materials Consumed | 1,086.10 | 490.22 | 328.82 | 2,297.18 Changes in Inventories | (871.33) | 361.44 | 25.07 | 160.85 Employee Benefits Expense | 538.59 | 471.82 | 538.80 | 2,193.15 Finance Cost | 24.99 | 45.93 | 34.46 | 185.57 Depreciation & Amortisation | 29.81 | 29.55 | 25.86 | 109.45 Power & Fuel | 40.41 | 33.40 | 44.34 | 167.09 Other Expenses | 204.23 | 426.01 | 315.55 | 1,628.17 Total Expenses | 1,052.80 | 1,858.37 | 1,312.90 | 6,741.46 Profit / (Loss) Before Tax (PBT) | (243.93) | 1,025.56 | 105.31 | 2,074.70 Tax Expense / (Credit) | (62.43) | 266.45 | 26.95 | 535.52 Net Profit / (Loss) After Tax (PAT) | (181.50) | 759.11 | 78.36 | 1,539.18 Total Comprehensive Income | (196.01) | 738.77 | 112.54 | 1,459.16 Basic & Diluted EPS (₹) | (2.02) | 8.47 | 0.87 | 17.17