HBL Engineering Q3 FY26 – Strong Growth, Slight QoQ Cooling
HBL Engineering posted a very strong year-on-year performance in the December 2025 quarter, with sharp growth in sales and profits, even though numbers cooled a bit compared to the previous quarter. • Sales: ↑ 94% YoY to ₹874 crore (vs ₹451 crore in Dec 2024) • EBIDT: ↑ 223% YoY to ₹302 crore (vs ₹93.6 crore) • Net Profit: ↑ 242% YoY to ₹220 crore (vs ₹64.7 crore) • EPS: ↑ 242% YoY to ₹7.96 (vs ₹2.33) At a price of ₹785, market cap ₹21,751 crore, and PE 26.6, HBL Engineering is showing strong long-term growth momentum. While the December quarter is lower than September on a quarter-on-quarter basis, the year-on-year jump clearly shows solid business expansion and improving profitability. Overall, the company remains in a healthy growth phase.

















