What is High Energy Batteries (India) Ltd (504176) share price return in the past 10 years?

High Energy Batteries (India) Ltd share price has appreciated 32.2% annually (CAGR) over the past ten years.

What is the share price of High Energy Batteries (India) Ltd (504176)?

Company share prices are keep on changing according to the market conditions. The current trading price of High Energy Batteries (India) Ltd (504176) on 02-Jul-2026 16:59:59 at 16:59 is 553.25.

What is the P/E ratio of High Energy Batteries (India)?

The latest standalone P/E ratio of High Energy Batteries (India) as of 02-Jul-2026 is 32.22.

What is the P/B ratio of High Energy Batteries (India) Ltd (504176)?

The latest standalone P/B ratio of High Energy Batteries (India) Ltd (504176) as of 02-Jul-2026 is 4.45.

What is the 52-week high and low of High Energy Batteries (India) Ltd (504176)?

The 52-week high of High Energy Batteries (India) Ltd (504176) is Rs. 804.00 and the 52-week low is Rs. 470.00.

High Energy Batteries (India) Ltd (504176) Share Analysis – Cycle Position, Quality & Valuation Zone & DeciZen Rating

Name: High Energy Batteries (India) Ltd (504176)
Brand: High Energy Batteries (India)

High Energy Batteries (India) Ltd (504176)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 504176 NSE: Batteries | Small Cap | High EnergyBatteries Share Price

High Energy Batteries (India) Ltd (504176)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 504176 NSE: Batteries | Small Cap | High EnergyBatteries Share Price

Key Metrics

Valuation Multiples

Market Cap

₹496 Cr.

Current Price

₹553.3

52-Week Low / High

₹470 / 804

TTM EPS

₹17.2

TTM Sales

₹83.5 Cr.

Book Value per Share

₹124.4

P/E Ratio

32.22

Higher than its 5-year historical median

Industry PE

25.3

Price to Book (P/B)

4.45

Lower than its 5-year historical median

Price to Sales (P/S)

5.94

Higher than its 5-year historical median

EV/EBITDA

20.34

Higher than its 5-year historical median

Dividend Yield

0.54%

Profitability Efficiency

Return on Equity (ROE)

14.58%

Outperforms industry median

Return on Capital Employed (ROCE)

19.33%

Outperforms industry median

Return on Assets (ROA)

11.69%

Operating Profit Margin

22.8%

Net Profit Margin

18.43%

Gross Profit Margin

27.6%

Growth Momentum
1-yr vs 3-yr growth

Sales Growth (1 Year)

Improving versus 3-year growth rate

3.12%

Operating Profit Growth (1 Year)

Improving versus 3-year growth rate

9.86%

Net Profit Growth (1 Year)

Improving versus 3-year growth rate

0.39%

Asset Quality

Promoter Holding

43.07%

Pledged shares (%) of Promoter's holding (%)

0.00%

Reserves

₹110 Cr.

Equity

₹1.8 Cr.

Face Value

₹2

All Time Low / High

₹4.59 / 1058.80

High Energy Batteries (India) stock performance

Key Ratios

Check Before You Invest

Quality

Very Good

Check detailed performance

Valuation

Somewhat Overvalued

Check Valuation charts

Price Trend

Weak

Check Price chart

Q.1 Is High Energy Batteries (India) Ltd a good quality company?

High Energy Batteries (India) Ltd is a good quality company, based on a consistently good multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

How has it performed on generating Profits?
By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.
How efficiently has it utilized Capital?
By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.
How is it managing its Debt?
By checking its Debt to Equity and Cash Flow from Operations.

How does High Energy Batteries (India) Ltd performance compare with that of its Peers?

Q.1 Revenue growth of High Energy Batteries (India) Ltd vs industry peers?

High Energy Batteries (India) Ltd revenue CAGR is 5.67%, compared to the industry median CAGR of 5.68%, indicating stable growth and maintaining its market share.

Q.1 Promoter shareholding and pledge status of High Energy Batteries (India) Ltd?

Promoters hold 43.07% of the High Energy Batteries (India) Ltd, with 0.00% of their stake pledged, indicating no pledge risk.

Q.1 Stock return of High Energy Batteries (India) Ltd over the last decade?

Over the last 9 year(s), the stock has delivered a CAGR of 34.1% based on the current price.

10 Year X-Ray :

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Value Creation ⓘ

	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25	Mar'26	TTM
ROCE % ⓘ	17.7%	21.1%	10.5%	25.4%	43.8%	36.4%	35.1%	26.9%	21.8%	19.3%	-
Value Creation Index ⓘ	0.3	0.5	-0.3	0.8	2.1	1.6	1.5	0.9	0.6	0.4	-
Growth Parameters ⓘ
Sales ⓘ	47.2	59.4	46.6	61.5	77.8	79.6	92.8	78.1	81	83.5	84
Sales YoY Gr.	-	25.8%	-21.5%	31.9%	26.6%	2.2%	16.7%	-15.8%	3.7%	3.1%	-
Adj EPS ⓘ	-1	3.6	0.5	6.2	20.4	20	22.9	19.1	17.1	17.9	17.2
YoY Gr.	-	NA	-86%	1115.7%	229.7%	-2.2%	14.4%	-16.3%	-10.6%	4.9%	-
BVPS (₹) ⓘ	16.6	20.4	20.8	26.5	46.8	62.1	82	97.8	111.1	124.4	124.4
Adj Net Profit ⓘ	-0.9	3.3	0.5	5.6	18.3	17.9	20.5	17.2	15.3	16.1	15
Cash Flow from Ops. ⓘ	-3	2.6	5.2	11.2	9.2	16.1	17.3	23.5	3.9	14.3	-
Debt/CF from Ops. ⓘ	-8.9	15.3	7.5	2.9	3.8	1.5	1.2	0.2	2.9	0.8	-

CAGR ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	6.6%	1.4%	-3.5%	3.1%
Adj EPS ⓘ	NA	-2.6%	-7.8%	4.9%
BVPSⓘ	25.1%	21.6%	14.9%	12%
Share Price	32.2%	13.1%	2.8%	-27.4%

Key Financial Parameters ⓘ

	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25	Mar'26	TTM
Return on Equity % ⓘ	-10.7	19.7	2.5	26.3	55.8	36.7	31.7	21.3	16.4	15.2	13.8
Op. Profit Mgn % ⓘ	15.9	19.7	15.5	16.9	38.5	36.8	32.6	26.5	21.5	22.8	22.9
Net Profit Mgn % ⓘ	-2	5.5	1	9	23.5	22.5	22.1	22	18.9	19.3	18.4
Debt to Equity ⓘ	1.8	2.2	2.1	1.4	0.8	0.4	0.3	0.1	0.1	0.1	0
Working Cap Days ⓘ	263	259	350	260	229	272	268	330	332	379	185
Cash Conv. Cycle ⓘ	120	121	178	142	147	199	212	265	257	272	124

Profit And Loss

(All Figures are in Crores.)

PARTICULARS	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25	Mar'26
Sales	47	59	47	61	78	80	93	78	81	84
Operating Expenses ⓘ +	40	48	39	51	48	50	63	57	64	64
Manufacturing Costs	3	4	3	4	3	4	5	7	11	9
Material Costs	24	28	21	25	26	26	31	24	23	25
Employee Cost	8	10	10	11	12	15	16	17	20	22
Other Costs ⓘ	6	6	5	11	6	5	11	8	10	9
Operating Profit ⓘ	8	12	7	10	30	29	30	21	17	19
Operating Profit Margin (%)	15.9%	19.7%	15.4%	16.9%	38.5%	36.8%	32.6%	26.5%	21.4%	22.8%
Other Income ⓘ +	0	0	0	5	0	0	2	5	6	6
Exceptional Items ⓘ	0	0	0	0	0	0	0	0	0	-1
Interest ⓘ	5	6	6	6	5	4	3	2	1	2
Depreciation ⓘ	1	1	1	1	1	1	1	1	1	1
Profit Before Tax ⓘ	1	5	1	9	24	25	27	23	21	21
Tax ⓘ	2	1	0	3	6	7	7	6	5	5
Profit After Tax	-1	3	0	6	18	18	20	17	15	15
PAT Margin (%)	-1.8%	5.5%	0.9%	9.1%	23.6%	22.6%	22.1%	22.0%	18.9%	18.4%
Adjusted EPS (₹)	-1.0	3.7	0.5	6.3	20.5	20.0	22.9	19.1	17.1	17.2
Dividend Payout Ratio (%)	0%	0%	0%	0%	14.70%	15%	15.30%	15.70%	17.50%	17.50%

Valuation of High EnergyBatteries - Standalone

YTD 1Y 3Y 5Y 10Y Max

Analyst's Notes

No data found!

Balance Sheet

(All Figures are in Crores.)

PARTICULARS	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25	Mar'26
Equity and Liabilities
Shareholders Fund +	15	18	19	24	42	56	73	88	100	112
Share Capital ⓘ	2	2	2	2	2	2	2	2	2	2
Reserves ⓘ	13	16	17	22	40	54	72	86	98	110
Debt +	27	40	38	32	31	24	21	5	11	12
Long Term Debt	0	9	9	10	3	0	0	0	0	0
Short Term Debt	27	31	29	22	28	24	21	5	11	12
Minority Interest	0	0	0	0	0	0	0	0	0	0
Trade Payables	16	14	14	7	5	4	3	3	5	3
Others Liabilities ⓘ	19	8	10	11	16	14	17	12	10	12
Total Liabilities ⓘ	77	81	80	74	94	98	115	108	125	138
Fixed Assets
Net Fixed Assets ⓘ +	34	33	32	31	31	30	40	41	43	44
Gross Block	35	35	36	36	37	37	48	50	53	55
Accumulated Depreciation	1	3	4	5	6	7	8	9	10	11
CWIP ⓘ	0	0	0	0	0	0	0	0	0	2
Investments ⓘ	1	1	1	1	1	1	1	2	3	3
Inventories	24	26	25	28	29	35	35	39	40	41
Trade Receivables	14	15	17	9	18	20	29	20	27	29
Cash Equivalents	1	4	1	1	6	5	1	2	3	0
Others Assets ⓘ	3	3	4	4	9	7	8	5	9	20
Total Assets ⓘ	77	81	80	74	94	98	115	108	125	138

Cash Flow

(All Figures are in Crores.)

PARTICULARS	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25	Mar'26
Cash Flow From Operating Activity ⓘ +	-3	3	5	11	9	16	17	24	4	14
PBT ⓘ	1	5	1	9	24	25	27	23	21	21
Adjustment ⓘ	5	6	7	7	6	5	6	4	3	3
Changes in Working Capital ⓘ	-10	-8	-2	-4	-20	-7	-9	4	-15	-5
Tax Paid ⓘ	0	-0	0	-0	-1	-7	-7	-7	-5	-4
Cash Flow From Investing Activity ⓘ +	-0	-0	-0	-0	-1	-1	-11	-2	-7	-10
Capex	-0	-0	-0	-0	-1	-0	-11	-2	-3	-2
Net Investments	0	0	0	0	0	-0	-1	-1	-4	-7
Others ⓘ	0	-0	0	0	0	0	0	0	-0	-1
Cash Flow From Financing Activity ⓘ +	2	1	-7	-11	-3	-17	-10	-21	2	-4
Net Proceeds from Shares ⓘ	0	0	0	0	0	0	0	0	0	0
Net Proceeds from Borrowing ⓘ	0	0	0	0	0	0	0	0	0	0
Interest Paid ⓘ	-4	-5	-6	-6	-5	-4	-3	-2	-1	-2
Dividend Paid ⓘ	0	0	0	0	0	-3	-3	-3	-3	-3
Others ⓘ	6	5	-2	-6	2	-10	-4	-16	6	0
Net Cash Flow ⓘ	-1	3	-2	-1	6	-1	-4	-0	-1	-0

Financial Ratio

PARTICULARS	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25	Mar'26
Ratios
ROE (%)	-10.06	19.85	2.37	26.44	55.8	36.77	31.73	21.29	16.37	14.58
ROCE (%)	17.69	21.07	10.53	25.42	43.84	36.38	35.1	26.85	21.8	19.33
Asset Turnover Ratio	0.79	0.76	0.58	0.8	0.93	0.83	0.87	0.7	0.69	0.63
PAT to CFO Conversion(x)	N/A	1	N/A	1.83	0.5	0.89	0.85	1.41	0.27	0.93
Working Capital Days
Receivable Days	80.70	87.50	122.40	76.60	64.30	87	95.10	114.60	106.20	120.70
Inventory Days	157.80	152.60	198.80	157	133.20	147.40	139.20	173.20	177.30	176.90
Payable Days	183.90	194.70	248.20	153.80	82.10	60.90	40.80	46.30	64.50	60.10

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.00

* Pledged shares as % of Promoter's holding (%)

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

High Energy Batteries (India) Ltd FAQs

The current trading price of High EnergyBatteries on 02-Jul-2026 16:59 is ₹553.2.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 01-Jul-2026 the market cap of High EnergyBatteries stood at ₹495.9 Cr

The latest P/E ratio of High EnergyBatteries as of 01-Jul-2026 is 32.22.

The latest P/B ratio of High EnergyBatteries as of 01-Jul-2026 is 4.45.

The 52-week high of High EnergyBatteries is ₹804.0 and the 52-week low is ₹470.0.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of High EnergyBatteries is ₹83.53 ( Cr.) .

Past 10 year's financial track record analysis by Moneyworks4me indicates that High Energy Batteries (India) Ltd is a good quality company.

The key valuation ratios of High Energy Batteries (India) Ltd's currently when compared to its past seem to suggest it is in the Somewhat overvalued zone.

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of High Energy Batteries (India) Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

About High Energy Batteries (India) Ltd

Established in the year 1979, High Energy Batteries (India) is an established manufacturer of Hi Tech batteries for use in Army, Navy, Airforce and Launch Vehicles. The company also exports products to various countries.

The company has a strong base of in-house Research and Development wing to design, develop and establish manufacturing of batteries - Silver Oxide Zinc, Nickel Cadmium, Silver Chloride Magnesium for stringent applications such as Underwater propulsion, Control guidance, Communication, Emergency starting and for aerospace applications.

The company is also engaged in the Research and Development of Nickel Metal Hydride Cells, Fuel Cells and Cuprous Chloride Chemistry. The company can undertake any developmental activity and establish the technology for the manufacture of electrochemical systems for use in critical demanding applications.

Product range of the company includes:

Aircraft Batteries
Helicopter Batteries
Torpedo Batteries
Aerospace Batteries
Industrial Nickel Cadmium Cells
Launch Vehicle Applications
Rail Road & UPS Batteries
Batteries for Other Applications

Achievements/ recognition:-

Certification

ISO 9001: 2000
ISO 14001: 2000

Awards

National Awards for R&D Efforts in Industry 2004
National Awards for Indigenisation
National Awards for R&D Efforts in Industry 1990
NSTL-Industry-Awards-2007
SMB- AWARD
Tech- Ab- Award

Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
Logo:
Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
Brand Logo:
SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045
Compliance officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com Telephone: +91 98609 19463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com Telephone: +91 91758 99463 Address: Same as IA
Standard Warning:	Investment in securities market are subject to market risks. Read all the related documents carefully before investing.
Disclaimer:	Registration granted by SEBI, enlistment with exchange and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.

High Energy Batteries (India) Ltd (504176)

High Energy Batteries (India) Ltd (504176)

High Energy Batteries (India) stock performance

Check Before You Invest

Quality

Valuation

Price Trend

10 Year X-Ray :

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Value Creation ⓘ

Growth Parameters ⓘ

CAGR ⓘ

Key Financial Parameters ⓘ

Profit And Loss

Valuation of High EnergyBatteries - Standalone

Price Calculator

Price Chart

Price to Earnings

Price to Sales

Price to Book

EV to EBITDA

Dividend History

Price Calculator

Price Chart

Price to Earnings

Enterprise Value to EBIT

Price to Book-Value

Price to Sales

Dividend History

Analyst's Notes

Balance Sheet

Equity and Liabilities

Fixed Assets

Cash Flow

Financial Ratio

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

High Energy Batteries (India) Ltd FAQs

What is the share price of High EnergyBatteries?

What is the market cap of High EnergyBatteries?

What is the P/E ratio of High EnergyBatteries?

What is the P/B ratio of High EnergyBatteries?

What is the 52-week high and low of High EnergyBatteries?

What is the TTM revenue of High EnergyBatteries?

Is High Energy Batteries (India) Ltd a good quality company?

Is High Energy Batteries (India) Ltd undervalued or overvalued?

Is High Energy Batteries (India) Ltd a good buy now?

About High Energy Batteries (India) Ltd

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