HBL Engineering (517271) Q3 25/26 earnings summary

Executive summary

• Board approved unaudited standalone and consolidated financial results for the quarter and nine months ended December 31, 2025, with auditor's unmodified opinion.

• Interim dividend of ₹2 per equity share (200%) declared for FY 2025-26; record date set as February 13, 2026.

• Investment proposals approved for a JV with Cochin Shipyard and equity investments in two start-ups.

Financial highlights

• Standalone revenue for nine months ended December 31, 2025: ₹1,219.02 crore, up from ₹874.25 crore year-over-year.

• Standalone net profit for nine months: ₹382.20 crore, up from ₹217.69 crore year-over-year.

• Consolidated revenue for nine months: ₹1,238.68 crore, up from ₹884.58 crore year-over-year.

• Consolidated net profit for nine months: ₹387.28 crore, up from ₹217.56 crore year-over-year.

• Exceptional items of ₹27.93 crore (consolidated) and ₹27.75 crore (standalone) include ₹23.65 crore unrecoverable costs for torpedo battery development in Q2.

Outlook and guidance

• Additional past service cost of ₹14.81 crore recognized due to new labour codes effective November 21, 2025; company monitoring for further impact.