High Energy Batteries (India) Limited – Company Report
1. Company Overview
High Energy Batteries (India) Limited, incorporated in 1961 and based in Chennai, Tamil Nadu, is a prominent Indian manufacturer specializing in the design, development, and production of advanced batteries for defense and aerospace applications. With its manufacturing facility located near Trichy, the company supplies a range of high-tech batteries for use by the Indian Army, Navy, Air Force, and for satellite launch vehicles. Over the years, it has expanded internationally, exporting products to various countries.
The company is managed by a team of experienced professionals, with leadership including Managing Director & Executive Director Gnana Bhaskara Agneeswara Pathanjali and Chairman N. Gopalaratnam. High Energy Batteries is recognized for its focus on customer value, zero environmental/occupational health hazard, and ongoing technology upgrades. Its R&D efforts have enabled steady innovation, particularly in defense and high-reliability segments.
Key Facts:
- Incorporated: 1961
- Headquarters: Chennai, Tamil Nadu, India
- Key Management: MD & ED Gnana Bhaskara Agneeswara Pathanjali, Chairman N. Gopalaratnam
- Employees: 200+ (approx.)
- Listed on: BSE (504176)
- Core Focus: Military, aerospace, auto, and industrial batteries
2. Products and Services
High Energy Batteries (India) Limited delivers a comprehensive portfolio of battery technology and solutions through two primary business segments:
Aerospace, Naval, and Power System Batteries:
- Aircraft, helicopter, torpedo, and missile batteries for defense and strategic applications
- Specialty batteries for satellite launch vehicles
- Silver zinc, nickel cadmium, and silver chloride magnesium batteries, engineered for high performance and reliability
- Batteries designed to withstand extreme environments and mission-critical operations
Lead Acid Batteries:
- Automotive (car, truck) and VRLA batteries for commercial and standby power needs
- Rechargeable batteries and battery packs for electronics, industrial machinery, and renewable energy storage
- Energy storage systems for commercial, residential, and grid applications
- Custom battery packs, battery accessories (chargers, connectors, enclosures), and engineering services
Other Offerings:
- Design and engineering of tailored battery solutions for specific customer requirements, including prototyping, testing, manufacturing, installation, and after-sales support
- Maintenance, monitoring, and technical assistance for battery systems in the field
The company’s core customers include the defense sector (Army, Navy, Air Force), ISRO, automotive manufacturers, and commercial/industrial clients seeking advanced battery storage and backup solutions.
3. Recent News and Financial Performance
Business Developments
- High Energy Batteries continues to reinforce its position as a strategic supplier to the Indian defense sector, investing in R&D to advance high-performance battery technologies.
- The company has made progress in exporting its products and broadening its addressable market within India and abroad.
4. Financial Performance (FY2025)
| Metric | FY2025 Value |
|---|---|
| Total Revenue | ₹81 crore |
| Net Profit | ₹15 crore |
| Operating Profit Margin | 23% |
| Earnings Per Share (EPS) | ₹17.1 |
| Return on Equity (ROE) | 17% |
| Dividend Payout % | 18% |