High Energy Batteries Posts FY26 Profit of ₹15.39 Crore, Recommends ₹3 Dividend

High Energy Batteries India Ltd has reported its audited financial results for the fiscal year ended March 31, 2026, with the board recommending a dividend for shareholders.

Financial Performance for FY2025-26

For the fiscal year 2025-26, High Energy Batteries recorded a total income from operations of ₹83.10 crore (₹8310.24 lakh). This represents a slight increase from ₹80.75 crore (₹8075.22 lakh) reported in the previous fiscal year.

The company's net profit after tax for FY2025-26 stood at ₹15.39 crore (₹1539.18 lakh). This shows marginal growth compared to ₹15.33 crore (₹1532.99 lakh) in FY2024-25.

An exceptional charge of ₹1.25 crore (₹124.66 lakh) was recognized during the year. This charge relates to new Labour Codes that were notified in November 2025 and impacted the current year's net profit.

Dividend and Corporate Governance

The Board of Directors has recommended a dividend of ₹3 per equity share for the financial year 2025-2026. This recommendation is subject to approval by shareholders at the Annual General Meeting (AGM).

Additionally, the board approved amendments to the company's Code of Conduct and Whistle Blower Policy, aiming to strengthen corporate governance standards.

Company Business

High Energy Batteries India Ltd is primarily engaged in the manufacturing of lead-acid batteries, serving various industrial and automotive applications.

Investor Takeaways and Next Steps

Shareholders will receive a dividend of ₹3 per equity share, pending AGM approval. The financial results provide insight into the specific impact of new labour code regulations on the company's bottom line.

The recognition of the ₹1.25 crore liability due to new Labour Codes is an item to monitor for its ongoing financial implications.

Shareholders will track the company's 65th Annual General Meeting on June 27, 2026, where the dividend recommendation will be voted upon. The scheduled dividend payment is on or before July 4, 2026. The company's future financial performance and strategies to mitigate any ongoing effects of the new labour codes will also be of interest.

Peer Comparison

High Energy Batteries reported a FY26 net profit of ₹15.39 crore. For context, its larger peers, Exide Industries, reported a FY24 net profit of ₹1,197 crore, and Amara Raja Batteries reported ₹622 crore in FY24 net profit.