HBL Power Systems - About the company
HBL Power Systems is a public company based in Hyderabad (India), founded in 1977 by Aluru Jagadish Prasad. It operates as a Manufacturers of batteries and DC power systems. The company has 1051 active competitors, including 96 funded and 159 that have exited. Its top competitors include companies like Sunwoda Electronic, FlexGen and EnerSys.
Company Details
Manufacturers of batteries and DC power systems. It is one of the largest indigenous power system developer in India with expertise in battery manufacturing and power electronics. The company manufactures lead-acid batteries, lithium based batteries, silver-zinc, nickel-cadmium and other forms of batteries required for aerospace, defense, industrial and other commercial purpose. Apart from batteries, it provides rectifiers, chargers, BMS, Concrete products and other offgrid solar systems.
- Website
- hbl.in
- Social
- Email ID
- *****@hbl.in
- Phone Number
- +91 **********
- Registered Address
- H No. 8-2-601, Road No.10, Banjara Hills, Banjara Hills, Hyderabad, Khairatabad, Telangana, India, 500034
Key Metrics
Founded Year
1977
Location
Hyderabad, India
Stage
Public
Investors
Ranked
27th among 1051 active competitors
Annual Revenue
₹1,000+ Cr as on Mar 31, 2025
Employee Count
2,994 as on Apr 30, 2026
Investment & Acquisitions
Similar Companies
Exit Details
Public
Legal entities associated with HBL Power Systems
HBL Power Systems is associated with 7 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
HBL ENGINEERING LIMITED CIN: L40109TG1986PLC006745 , India, Active | Aug 29, 1986 | $100M - $500M (As on Mar 31, 2025) | 2149 (As on Aug 01, 2025) | |
HBL Germany GmbH CIN: U1206_HRB26191 , Germany, Active | Nov 02, 2010 | - | 1 (As on Dec 31, 2023) | |
HBL AMERICA INC. CIN: 453277198 , United States, Active | Dec 31, 1999 | - | 6 (As on Dec 31, 2024) | - |
NAVAL SYSTEMS AND TECHNOLOGIES PRIVATE LIMITED CIN: U31403TG2006PTC051006 , India, Active | Aug 29, 2006 | $1M - $10M (As on Mar 31, 2024) | - | |
HBL Germany GmbH CIN: U1206_HRB26191 , Germany, Active | Nov 02, 2010 | - | - | |
TORQUEDRIVE TECHNOLOGIES PRIVATE LIMITED CIN: U29100TG2021PTC148083 , India, Active | Jan 27, 2021 | - | - | |
SCIL INFRA CON PRIVATE LIMITED CIN: U45400TG2007PTC054295 , India, Active | Jun 05, 2007 | $0 - $1M (As on Mar 31, 2018) | - |
HBL Power Systems's IPO details
HBL Power Systems got listed on May 26, 2000.
Click here to take a look at HBL Power Systems's IPO in detail
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HBL Power Systems's funding and investors
HBL Power Systems is a funded company. HBL Power Systems has 3 institutional investors.
View details of HBL Power Systems's funding rounds and investors
HBL Power Systems' founders and board of directors
Founder? Claim ProfileThe founders of HBL Power Systems is Aluru Jagadish Prasad.
Here are the details of HBL Power Systems' key team members:
- Aluru Jagadish Prasad: Managing Director of HBL Power Systems. Contact Info: 1 email address
HBL Power Systems' Board of Directors
HBL Power Systems's board has 3 active members. Arvind Sharma, Kavita Prasad Aluru and Srinath Satyanarayana Subramanya Mikkilineni are independent board members.Here is the list of HBL Power Systems' board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Independent board member | - | Current | 16y 11m | |
esqwgez | Independent board member | - | Current | 8y 3m |
v{jqlkl | Independent board member | - | Current | 9y 8m |
View details of HBL Power Systems's Founder profiles and Board Members
HBL Power Systems' employee count trend
HBL Power Systems has 2,994 employees as of Apr 26. Here is HBL Power Systems's employee count trend over the years:
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HBL Power Systems's Competitors and alternates
Top competitors of HBL Power Systems include Sunwoda Electronic, FlexGen and EnerSys. Here is the list of Top 10 competitors of HBL Power Systems, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st |  Sunwoda Electronic 1997, Shenzhen (China), Public | Manufacturer of lithium-ion batteries, energy storage systems, and related hardware | - | 71/100 | |
2nd | FlexGen 2009, Durham (United States), Series C | Battery energy storage solutions and software platform for energy transition | $276M | 68/100 | |
3rd | EnerSys 1999, Reading (United States), Public | Global leader providing stored energy solutions for diverse industries and applications | - | 67/100 | |
4th | Manufacturer of automotive batteries and solar products | $65.1M | 67/100 | ||
5th |  Amara Raja Group 1985, Hyderabad (India), Public | Manufacturer of batteries and other automotive components | - | - | 63/100 |
6th |  Maxvolt Energy 2019, Noida (India), Public | Manufacturer of lithium-ion battery packs for electric vehicles and energy storage solutions | $1.5M | 61/100 | |
7th | Hexagon Composites 2008, Alesund (Norway), Public | Offers composite pressure cylinder technology for a wide range of mobility and storage applications | - | 60/100 | |
8th |  Exide Industries 1947, Kolkata (India), Public | Manufacturer and marketer of a wide range of lead acid storage batteries | $220M | 57/100 | |
9th |  WATTMORE 2017, Denver (United States), Seed | Provider of software solutions for solar energy and energy storage system | $2.8M | 53/100 | |
10th | Provider of hardware and software solutions for electric vehicle charging | $5M | 52/100 | ||
27th |  HBL Power Systems 1977, Hyderabad (India), Public | Manufacturers of batteries and DC power systems | - | 53/100 |
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HBL Power Systems's Investments and acquisitions
HBL Power Systems has made 2 investments in Yaanendriya and Igarashi Motors. HBL Power Systems has not made any acquisitions as of now.News related to HBL Power Systems
Filter this listMedia has covered HBL Power Systems for a total of 7 events in the last 1 year, 3 of them have been about partnerships and 2 about company updates.
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Cochin Shipyard, HBL advance e-mobility for maritime sectorEvertiq•Mar 31, 2026•Cochin Shipyard, HBL Power Systems
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CrisprBits secures $3M in Pre-Series A funding led by Spectrum ImpactEnablers•Nov 25, 2025•Spectrum Impact, CrisprBits, VJ Technologies, HBL Power Systems and 1 other
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HBL Engineering shares surge 14.2% on strong Q1 earningsNew Indian Express•Aug 11, 2025•HBL Power Systems, Olectra, Afcons
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HBL Engineering Clarifies Kavach Contract Awarding EntitiesMoneycontrol•Jun 17, 2025•HBL Power Systems
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IPO-bound Tonbo Imaging raises ₹175 cr in series D funding roundFortune India•Apr 03, 2025•Tonbo Imaging, Exim Bank, Celesta Capital, Artiman and 9 others
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