1. Executive Summary 2
2. Background of the Company 5
3. Management Analysis 7
4. Corporate Governance 8
5. Industry Analysis 8
Annexure: Group Profile 15
Annexure: Profile of the Directors / Partners 17
List of abbreviations used
APDRP: Advanced Power Development and Reforms Programme
APPCB: Andhra Pradesh Pollution Control Board
BSNL: Bharat Sanchar Nigam Ltd
DC: Direct Current
DCH: Digital Control Harness
DRDL: Defence Research and Development Laboratory
DRDO: Defence Research and Development Organization
ETP: Effluent Treatment Plant
HBL: HBL Power Systems Ltd
IPS: Integrated Power Supply
IRISET: Indian Railways Institute of Signal Engineering and Telecommunications
MIDC: Maharastra Industrial Development Corporation
MoD: Ministry of Defence
NCPP: Nickel Cadmium Pocket Plated
NSTL: Naval Science and Technological Laboratory
PCB: Populated Control Boards
RDSO: Research Design and Standards Organization
ULSB: Unit Level Switch Board
UPS: Uninterrupted Power Supply
VRLA: Valve Regulated Lead Acid 1. Executive Summary
Background
• HBL Power Systems Ltd. (HBL) was incorporated in the name of Hyderabad Batteries Private Limited in 1977 and is promoted by Dr A.J. Prasad. Two main business lines of HBL are batteries and electronics.
• HBL is a leader in the field of specialized batteries and DC power systems in India.
• The company is into manufacturing of various types of batteries viz. lead acid batteries, nickel cadmium, silver zinc and lithium batteries. The batteries manufactured by the company are primarily used in industry segments like aviation, defence, communication, railways, and across industries for power backup purposes.
• The company is into the manufacture of various types of electronic devices viz railway electronics, defence electronics and other electronics. As the electronic segment has growth potential in future, the company is undertaking expansion activities in electonics