High Energy Batteries (India) Limited submitted its unaudited financial results for the quarter ended June 30, 2026 (Q1 FY27) to BSE Limited under SEBI Listing Regulations 30 and 33. The results were reviewed by the Audit Committee and approved by the Board of Directors at a meeting held on July 25, 2026, which commenced at 4:00 PM and concluded at 5:20 PM.

Financial Performance (Standalone, Rs. in lakhs)

Income Statement Highlights:

  • Total Income for Q1 FY27 was ₹808.87 lakhs, a significant decrease from ₹1,418.21 lakhs in Q1 FY26 and ₹3,008.59 lakhs in Q4 FY26.
  • Revenue from Operations comprised:
  • Revenue from sale of products: ₹759.62 lakhs (Q1 FY27) vs ₹1,326.23 lakhs (Q1 FY26)
  • Other Operating Revenues: ₹28.81 lakhs (Q1 FY27) vs ₹1.03 lakhs (Q1 FY26)
  • Other Income: ₹20.44 lakhs (Q1 FY27) vs ₹90.95 lakhs (Q1 FY26)
  • The company reported a Loss from Ordinary Activities before tax and exceptional items of ₹(243.93) lakhs for Q1 FY27, compared to a profit of ₹105.31 lakhs in Q1 FY26.
  • There were no Exceptional Items reported in Q1 FY27 or Q1 FY26.
  • Total Tax Expense was a credit of ₹(62.43) lakhs, primarily due to a Deferred Tax credit of ₹(62.43) lakhs. No Current Tax was expensed.
  • Net Loss after tax for Q1 FY27 was ₹(181.50) lakhs, compared to a Net Profit of ₹78.36 lakhs in Q1 FY26.
  • Total Comprehensive Income for the period was a loss of ₹(196.01) lakhs, which includes Other Comprehensive Income (after tax) of ₹(14.51) lakhs.

Key Metrics:

  • Earnings Per Share (face value of ₹2 each):
  • Basic EPS: ₹(2.02) for Q1 FY27 vs ₹0.87 for Q1 FY26
  • Diluted EPS: ₹(2.02) for Q1 FY27 vs ₹0.87 for Q1 FY26
  • Paid-up Equity Share Capital remained unchanged at ₹179.28 lakhs.
  • Other Equity (excluding Revaluation Reserve) as per the previous audited balance sheet (March 31, 2026) was ₹10,970.96 lakhs.

Operational and Segment Information

  • The company does not have any subsidiary, associate, or joint venture entities as of June 30, 2026.
  • The Lead Acid Battery Division operation continues to remain suspended.

Audit and Compliance

  • The statutory auditors, N R Suresh & Co LLP (FRN: 001931S000020), issued a Limited Review Report on the standalone financial results.
  • The review was conducted in accordance with Standard on Review Engagements (SRE) 2410 issued by ICAI.
  • The auditors stated that nothing came to their attention that causes them to believe the results contain any material misstatement or fail to disclose information required under SEBI LODR Regulation 33.
  • The company arranged to publish an extract of the unaudited financial results in both English and Tamil daily newspapers.