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High Energy Batteries Reports Q1 FY27 Results; Revenue at ₹8.09 Crore Amid Sectoral Demand Shifts



Posted On : 2026-07-25 20:55:30( TIMEZONE : IST )

High Energy Batteries Reports Q1 FY27 Results; Revenue at ₹8.09 Crore Amid Sectoral Demand Shifts

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


Segment Performance & Operations

Aerospace, Naval and Power System Batteries: The core division recorded segment revenue of ₹7.88 Crore (₹788.43 Lakhs) for Q1 FY27, generating a segment loss before interest and tax of ₹1.96 Crore (₹-195.91 Lakhs), impacted by lower delivery off-take during the quarter.

Lead Acid Storage Batteries: The segment posted a loss of ₹0.14 Crore (₹-14.03 Lakhs) on zero external revenue.

Capital Position & Assets: Segment assets for the Aerospace, Naval and Power System division stood at ₹130.40 Crore (₹13,039.77 Lakhs) as of June 30, 2026, while total company assets stood at ₹134.43 Crore (₹13,443.45 Lakhs).

Taxation & Inventory Adjustment: The company recorded a work-in-progress inventory build-up of ₹8.71 Crore (₹871.33 Lakhs) during Q1 FY27 and recognized a deferred tax credit of ₹0.62 Crore (₹62.43 Lakhs).

Source : Equity Bulls

Keywords

HighEnergyBatteriesIndia Q1FY27 Q1FY2027 ResultUpdate