HBL Engineering (NSE:HBLENGINE) Days Payable: 54.34 (As of Mar. 2026) — 40% Above Median


NSE:HBLENGINE HBL Engineering Ltd NSE:HBLENGINE
90 GF Score
Price ₹765.85
GF Value ₹875.01
Valuation Modestly Undervalued
! 1 Warning Sign
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What is HBL Engineering Days Payable?

HBL Engineering NSE:HBLENGINE +0.75% 90 Days Payable is 54.34 as of Mar. 2026, which is 40% above its 10-year median of 38.73. GuruFocus rates NSE:HBLENGINE with a GF Score™ of 90/100 and a GF Value™ of ₹875.01 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 2,994 Industrial Products companies, HBL Engineering ranks worse than 72.38% on this metric.

HBL Engineering's average Accounts Payable for the three months ended in Mar. 2026 was ₹1,849 Mil. HBL Engineering's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹3,105 Mil. Hence, HBL Engineering's Days Payable for the three months ended in Mar. 2026 was 54.34.

The historical rank and industry rank for HBL Engineering's Days Payable or its related term are showing as below:

NSE:HBLENGINE' s Days Payable Range Over the Past 10 Years
Min: 28.12   Med: 38.73   Max: 67.74
Current: 46.15

During the past 13 years, HBL Engineering's highest Days Payable was 67.74. The lowest was 28.12. And the median was 38.73.

NSE:HBLENGINE's Days Payable is ranked worse than
72.38% of 2994 companies
in the Industrial Products industry
Industry Median: 78.045 vs NSE:HBLENGINE: 46.15

HBL Engineering's Days Payable declined from Mar. 2025 (69.75) to Mar. 2026 (54.34). It may suggest that HBL Engineering accelerated paying its suppliers.


HBL Engineering Days Payable Historical Data

* Premium members only.

The historical data trend for HBL Engineering's Days Payable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

HBL Engineering Days Payable Chart

HBL Engineering Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 31.64 34.56 28.12 58.58 48.35

HBL Engineering Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 69.75 63.59 32.25 39.62 54.34

NSE:HBLENGINE vs VRT, BE: Days Payable Comparison

For the Electrical Equipment & Parts subindustry, HBL Engineering's Days Payable, along with its competitors' market caps and Days Payable data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


HBL Engineering Days Payable vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, HBL Engineering's Days Payable distribution charts can be found below:

* The bar in red indicates where HBL Engineering's Days Payable falls into.


NSE:HBLENGINE
90GF Score
HBL Engineering Ltd NSE:HBLENGINE
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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HBL Engineering Days Payable Calculation

Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

HBL Engineering's Days Payable for the fiscal year that ended in Mar. 2026 is calculated as

Days Payable (A: Mar. 2026 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2025 ) + Accounts Payable (A: Mar. 2026 )) / count ) / Cost of Goods Sold (A: Mar. 2026 )*Days in Period
=( (1811.624 + 1849) / 2 ) / 13817.1*365
=1830.312 / 13817.1*365
=48.35

HBL Engineering's Days Payable for the quarter that ended in Mar. 2026 is calculated as:

Days Payable (Q: Mar. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (0 + 1849) / 1 ) / 3104.9*365 / 4
=1849 / 3104.9*365 / 4
=54.34

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 54.34 mean?
HBL Engineering (NSE:HBLENGINE) has a Days Payable of 54.34 as of Mar. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on HBL Engineering and its competitors. This is 40% above median its historical median of 38.73. Over the past decade, HBL Engineering's Days Payable has ranged from 28.12 to 67.74. According to the industry distribution chart, HBL Engineering ranks #2167 out of 2994 companies in the Industrial Products industry, placing it in the top 72.4%.
Is HBL Engineering's Days Payable too high?
HBL Engineering's current Days Payable of 54.34 is 40% above median its 10-year median of 38.73. Over the past 10 years, this metric has ranged from a low of 28.12 to a high of 67.74. The Industrial Products industry median Days Payable is 78.05. HBL Engineering's value of 54.34 is 30.4% below this industry median. Based on the distribution chart, HBL Engineering ranks #2167 out of 2994 companies in the Industrial Products industry, which is below the industry midpoint. Overall, HBL Engineering has a GF Score™ of 90/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does HBL Engineering's Days Payable compare to VRT and BE?
According to the Industrial Products industry distribution chart, HBL Engineering ranks #2167 out of 2994 companies for Days Payable. This places HBL Engineering in the lower half of its industry. The industry median Days Payable is 78.05. HBL Engineering's value of 54.34 is 30.4% below this benchmark. Historically, HBL Engineering's own Days Payable has ranged from 28.12 to 67.74 over the past decade. While the company's 10-year median is 38.73 vs. the industry median of 78.05, HBL Engineering has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for an Industrial Products company?
The median Days Payable among Industrial Products companies is 78.05, based on 2,994 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. HBL Engineering's current Days Payable of 54.34 is 30.4% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on HBL Engineering and its competitors. For the Industrial Products industry, the median Days Payable is 78.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HBL Engineering's current Days Payable is 54.34, which is 40% above median its own 10-year median of 38.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HBL Engineering stock overvalued right now?
Based on GuruFocus' analysis, HBL Engineering (NSE:HBLENGINE) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹875.01, compared to a current price of ₹765.85 — trading 12.5% below its estimated fair value. The current Days Payable is 54.34, which is 40% above median its 10-year median of 38.73 and 30.4% below the Industrial Products industry median of 78.05. HBL Engineering's overall GF Score™ is 90/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For HBL Engineering (NSE:HBLENGINE), the current Days Payable is 54.34 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is HBL Engineering (NSE:HBLENGINE) Overvalued in 2026?

Based on GuruFocus' analysis, HBL Engineering stock appears to be undervalued. The current stock price of ₹765.85 is trading 12.5% below its estimated GF Value™ of ₹875.01. GuruFocus considers HBL Engineering to be Modestly Undervalued.

Key valuation signals for NSE:HBLENGINE:

  • Days Payable: 54.34 (40% above median its 10-year median of 38.73)
  • GF Value™: ₹875.01 vs. price of ₹765.85 (12.5% below fair value)
  • GF Score™: 90/100 with 1 warning sign
  • Industry Position: 30.4% below the Industrial Products median (#2167 of 2994)

No single metric tells the full story. See the NSE:HBLENGINE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


HBL Engineering Business Description

Other Exchanges 517271:India
Address Road No. 10, Door No. 8-2-616, Plot No. 4, Banjara Hills, Behind Minerva Grand Hotel, Hyderabad, TG, IND, 500 034
HBL Engineering Ltd manufactures, assembles, purchases, imports, exports, acquires, develops, and deals in India or abroad in all types of cells, batteries, energy storage devices, conversion and generation devices, appliances, gadgets, solar panels, electronics, electro-mechanical and metallurgical appliances, electro-plating of metals and alloys by electrolytic processes, compounds, cement, oil paints, pigments, and Others. The Company's segments include Industrial batteries, Defense and Aviation batteries, and Electronics segment.
90GF Score

Get the complete analysis for NSE:HBLENGINE

Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹765.85
Price
₹875.01
GF Value