HBL Engineering (NSE:HBLENGINE) Dividend Payout Ratio: 0.83 (As of Mar. 2026) — 538% Above Median

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NSE:HBLENGINE HBL Engineering Ltd NSE:HBLENGINE
90 GF Score
Price ₹766.20
GF Value ₹875.91
Valuation Modestly Undervalued
! 1 Warning Sign
View Full Analysis

What is HBL Engineering Dividend Payout Ratio?

HBL Engineering NSE:HBLENGINE +0.05% 90 Dividend Payout Ratio is 0.83 as of Mar. 2026, which is 538% above its 10-year median of 0.13. GuruFocus rates NSE:HBLENGINE with a GF Score™ of 90/100 and a GF Value™ of ₹875.91 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 1,722 Industrial Products companies, HBL Engineering ranks better than 91.75% on this metric.

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. HBL Engineering's Dividend Payout Ratio for the months ended in Mar. 2026 was 0.83.

The historical rank and industry rank for HBL Engineering's Dividend Payout Ratio or its related term are showing as below:

NSE:HBLENGINE' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.05   Med: 0.13   Max: 0.62
Current: 0.1

During the past 13 years, the highest Dividend Payout Ratio of HBL Engineering was 0.62. The lowest was 0.05. And the median was 0.13.

NSE:HBLENGINE's Dividend Payout Ratio is ranked better than
91.75% of 1722 companies
in the Industrial Products industry
Industry Median: 0.37 vs NSE:HBLENGINE: 0.10

As of today (2026-07-14), the Dividend Yield % of HBL Engineering is 0.26%.

During the past 13 years, the highest Trailing Annual Dividend Yield of HBL Engineering was 4.49%. The lowest was 0.06%. And the median was 0.35%.

HBL Engineering's Dividends per Share for the months ended in Mar. 2026 was ₹2.00.

During the past 12 months, HBL Engineering's average Dividends Per Share Growth Rate was 500.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 95.70% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 68.20% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 18.50% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of HBL Engineering was 95.70% per year. The lowest was -41.50% per year. And the median was 11.90% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.

HBL Engineering (NSE:HBLENGINE) Dividend Payout Ratio Explanation

In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

HBL Engineering Dividend Payout Ratio Related Terms

HBL Engineering Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for HBL Engineering's Dividend Payout Ratio 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 Dividend Payout Ratio Chart

HBL Engineering Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.11 0.11 0.05 0.05 0.10

HBL Engineering Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Dividend Payout Ratio 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 0.00 0.00 0.07 0.00 0.83

NSE:HBLENGINE vs VRT, BE: Dividend Payout Ratio Comparison

For the Electrical Equipment & Parts subindustry, HBL Engineering's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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 Dividend Payout Ratio vs Industrial Products Industry

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

* The bar in red indicates where HBL Engineering's Dividend Payout Ratio falls into.


NSE:HBLENGINE
90GF Score
HBL Engineering Ltd NSE:HBLENGINE
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

HBL Engineering Dividend Payout Ratio Calculation

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period.

HBL Engineering's Dividend Payout Ratio for the fiscal year that ended in Mar. 2026 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Mar. 2026 )/ EPS without NRI (A: Mar. 2026 )
=3/ 30.226
=0.10

HBL Engineering's Dividend Payout Ratio for the quarter that ended in Mar. 2026 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Mar. 2026 )/ EPS without NRI (Q: Mar. 2026 )
=2/ 2.413
=0.83

* 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 Dividend Payout Ratio →
What does a Dividend Payout Ratio of 0.83 mean?
HBL Engineering (NSE:HBLENGINE) has a Dividend Payout Ratio of 0.83 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on HBL Engineering and its competitors. This is 538% above median its historical median of 0.13. Over the past decade, HBL Engineering's Dividend Payout Ratio has ranged from 0.05 to 0.62. According to the industry distribution chart, HBL Engineering ranks #142 out of 1722 companies in the Industrial Products industry, placing it in the top 8.2%.
Is HBL Engineering's Dividend Payout Ratio too high?
HBL Engineering's current Dividend Payout Ratio of 0.83 is 538% above median its 10-year median of 0.13. Over the past 10 years, this metric has ranged from a low of 0.05 to a high of 0.62. The Industrial Products industry median Dividend Payout Ratio is 0.37. HBL Engineering's value of 0.83 is 124.3% above this industry median. Based on the distribution chart, HBL Engineering ranks #142 out of 1722 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. 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 Dividend Payout Ratio compare to VRT and BE?
According to the Industrial Products industry distribution chart, HBL Engineering ranks #142 out of 1722 companies for Dividend Payout Ratio. This places HBL Engineering in the top 8% of its industry — outperforming the majority of peers. The industry median Dividend Payout Ratio is 0.37. HBL Engineering's value of 0.83 is 124.3% above this benchmark. Historically, HBL Engineering's own Dividend Payout Ratio has ranged from 0.05 to 0.62 over the past decade. While the company's 10-year median is 0.13 vs. the industry median of 0.37, HBL Engineering has consistently been above 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 Dividend Payout Ratio for an Industrial Products company?
The median Dividend Payout Ratio among Industrial Products companies is 0.37, based on 1,722 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Payout Ratio significantly above this median, while those in the bottom quartile fall well below. However, Dividend Payout Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. HBL Engineering's current Dividend Payout Ratio of 0.83 is 124.3% above 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 Dividend Payout Ratio mean?
A high Dividend Payout Ratio can signal that a stock is expensive relative to its fundamentals. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on HBL Engineering and its competitors. For the Industrial Products industry, the median Dividend Payout Ratio is 0.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HBL Engineering's current Dividend Payout Ratio is 0.83, which is 538% above median its own 10-year median of 0.13. 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 ₹875.91, compared to a current price of ₹766.20 — trading 12.5% below its estimated fair value. The current Dividend Payout Ratio is 0.83, which is 538% above median its 10-year median of 0.13 and 124.3% above the Industrial Products industry median of 0.37. 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 Dividend Payout Ratio calculated?
Dividend Payout Ratio is calculated from a company's financial statements. For HBL Engineering (NSE:HBLENGINE), the current Dividend Payout Ratio is 0.83 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 ₹766.20 is trading 12.5% below its estimated GF Value™ of ₹875.91. GuruFocus considers HBL Engineering to be Modestly Undervalued.

Key valuation signals for NSE:HBLENGINE:

  • Dividend Payout Ratio: 0.83 (538% above median its 10-year median of 0.13)
  • GF Value™: ₹875.91 vs. price of ₹766.20 (12.5% below fair value)
  • GF Score™: 90/100 with 1 warning sign
  • Industry Position: 124.3% above the Industrial Products median (#142 of 1722)

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

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

₹766.20
Price
₹875.91
GF Value