High Energy Batteries Reports Mixed Q2 FY2026 Results with Revenue Growth but Profit Decline

High Energy Batteries (India) Limited , a key player in the aerospace, naval, and power system batteries segment, has announced its unaudited financial results for the second quarter and half-year ended September 30, 2025. The company's performance shows a mixed picture with revenue growth but a decline in profitability.

Revenue Growth in Q2

For the quarter ended September 30, 2025, High Energy Batteries reported a revenue from sale of products of Rs 1,726.62 lakhs, marking a significant increase from Rs 1,494.25 lakhs in the same quarter of the previous year. This represents a year-on-year growth of approximately 15.55%.

Half-Year Performance

Despite the strong quarterly performance, the half-year results paint a different picture:

Particular	H1 FY2026	H1 FY2025	Change (%)
Revenue from Sale of Products	3,052.85	3,224.39	-5.32
Total Income	3,558.02	3,526.56	0.89
Profit Before Tax	376.26	632.09	-40.47
Net Profit After Tax	279.73	467.73	-40.19

All figures in Rs lakhs

The company experienced a slight decline in revenue from sale of products for the half-year period. However, total income showed a marginal increase, likely due to other income sources.

Profitability Challenges

The company faced significant pressure on its profitability:

Profit Before Tax decreased by 40.47% to Rs 376.26 lakhs in H1 FY2026 from Rs 632.09 lakhs in H1 FY2025.
Net Profit After Tax saw a similar decline of 40.19%, dropping to Rs 279.73 lakhs from Rs 467.73 lakhs in the previous year.

Segment Performance

High Energy Batteries operates primarily in the aerospace, naval, and power system batteries segment. The company's lead acid storage batteries division remains suspended, contributing minimally to the overall performance.

Financial Position

As of September 30, 2025, the company reported:

Total Assets: Rs 13,624.44 lakhs
Total Equity: Rs 9,937.78 lakhs
Current Liabilities: Rs 3,319.71 lakhs

Management Commentary

The company's board meeting was held on October 25, 2025, where the audit committee reviewed and the board approved the financial results.

Conclusion

While High Energy Batteries (India) Limited has shown revenue growth in the second quarter, the half-yearly results indicate challenges in maintaining profitability. The company's focus on the aerospace, naval, and power system batteries segment continues to be its primary driver of performance.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-0.82%	+5.18%	+5.40%	+30.62%	+7.80%	+704.75%

High Energy Batteries (India) Limited , a manufacturer specializing in aerospace, naval, and power system batteries, has reported a significant decline in its financial performance for the first quarter ended June 30, 2025.

Financial Highlights

Particulars (in ₹ crore)	Q1 2025-26	Q1 2024-25	YoY Change
Revenue from Operations	13.27	17.30	-23.3%
Total Income	14.18	18.98	-25.3%
Net Profit	0.78	2.88	-72.9%
EPS (in ₹)	0.87	3.21	-72.9%

The company's revenue from operations decreased by 23.3% year-over-year to ₹13.27 crore in Q1 2025-26, compared to ₹17.30 crore in the same quarter of the previous year. The total income, including other income, stood at ₹14.18 crore, down 25.3% from ₹18.98 crore in Q1 2024-25.

Profit Decline

High Energy Batteries witnessed a sharp decline in its net profit, which fell by 72.9% to ₹0.78 crore in Q1 2025-26 from ₹2.88 crore in the corresponding quarter of the previous year. This significant drop in profitability reflects the challenging market conditions faced by the company during the quarter.

Segment Performance

The company's primary segment, Aerospace Naval and Power System Batteries, generated revenue of ₹13.27 crore in Q1 2025-26. However, the segment's profit before tax and interest decreased to ₹1.60 crore from ₹4.35 crore in the same quarter last year.

The Lead Acid Storage Batteries segment continued to remain suspended during the quarter.

Other Financial Metrics

Earnings per share (EPS) for the quarter stood at ₹0.87, compared to ₹3.21 in Q1 2024-25.
The company's total expenses for the quarter were ₹13.13 crore, down from ₹15.11 crore in the same period last year.
Other comprehensive income for the quarter was ₹0.34 crore, contributing to a total comprehensive income of ₹1.13 crore.

Management Commentary

While the company did not provide specific management commentary in the available data, the financial results indicate a challenging quarter for High Energy Batteries. The significant decline in revenue and profitability suggests potential headwinds in the aerospace, naval, and power systems battery markets.

Corporate Governance Update

In a separate announcement, High Energy Batteries informed that its Board of Directors has approved and reconstituted the Stakeholders Relationship Committee (SRC) effective July 19, 2025. The reconstituted committee includes:

Mrs. Lalitha Lakshmanan as Chairman of the Committee
Mr. N Gopalaratnam as Member
Dr. G A Pathanjali as Member

This move is in line with the company's commitment to maintaining strong corporate governance practices.

Investors and stakeholders will be keenly watching High Energy Batteries' performance in the coming quarters to see if the company can reverse the current downtrend and return to growth.