09-Oct-2026 19:29:39
HBLENGINEGeneral news
HBL ENGINEERING : CARE UPGRADES RATING TO AA- STABLE, ORDER BOOK AT RS 646 CR
• CARE upgraded long-term bank facilities to CARE AA- Stable from CARE A+ Positive • Short-term facilities rated CARE A1+ reaffirmed; facility size enhanced to ₹846 Cr from ₹646 Cr; term loan rating withdrawn after full repayment • Order book up at ~₹5,902 Cr as on September 2026 v ₹2,999 Cr as on December 31, 2025; Kavach/TMS orders ~₹4,440 Cr, ~75% of book • FY26 total operating income up ~68% at ₹3,326.41 Cr (FY25: ₹1,977.63 Cr); PBILDT margin 34.17%, PAT margin 24.49% • Electronics segment revenue ₹1,626.25 Cr in FY26 v ₹298.38 Cr in FY25, with segment PBIT margin of 50.33% • Q1FY27 TOI at ₹658.59 Cr with PAT of ₹110.91 Cr; overall gearing 0.03x (FY25: 0.05x)
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