High Energy Batteries (India) Limited has announced key changes to its board of directors following recommendations from the Nomination and Remuneration Committee. The board meeting, held on 31st January, 2026, approved significant appointments that will shape the company's leadership structure.

Managing Director Reappointment

The board has approved the reappointment of Dr. G A Pathanjali as Managing Director for an extended term. The appointment details are structured as follows:

Dr. Pathanjali, aged 66 years, brings extensive experience to the role. He holds qualifications as a Chemical Engineer from Annamalai University, M.Tech from IIT Kanpur, and completed his Ph.D in 1995 from IIT Mumbai. With over four decades of experience in the company, he has been involved in design and development activities for Silver Chloride Magnesium, Silver Oxide Zinc, and Nickel Cadmium batteries for defence and other applications.

New Nominee Director Appointment

The board has appointed Mr. C V Ramana as Nominee Director, replacing Mr. N P Sinha with immediate effect from 31st January, 2026. The appointment details include:

Regulatory Compliance and Documentation

The company filed a revised intimation with BSE under Regulation 30 of SEBI (LODR) Regulations, 2015, to update Mr. Ramana's Director Identification Number. The DIN (11517220) was allocated by MCA on 31st January, 2026, causing a delay in the initial submission. The board meeting commenced at 03:30 PM and concluded at 06:30 PM on 31st January, 2026.

Both directors have been confirmed as not being debarred from holding directorial positions by SEBI or any other regulatory authority, and neither director is related to any existing board members of the company.

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:

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.