High Energy Batteries Ltd. · BSE:HIGHENE
High Energy Batteries — Shareholder Meeting (June 2026)
48 slides from High Energy Batteries's shareholder meeting presentation, Jun 27, 2026
Slide 1: Letter to BSE on AGM proceedings
Ref: SECY/2026 - 27/043 27.06.2026 BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Fort, Mumbai 400 001 Scrip Code: 504176 Dear Sirs, Sub: Proceedings of 65th Annual General Meeting of the Company held on 27.06.2026 Pursuant to Regulation 30 read with Part – A of Schedule III of the SEBI (Listi
Slide 2: Proceedings of the 65th Annual General Meeting
65thAGM – 27.06.2026 High Energy Batteries (India) Limited HIGH ENERGY BATTERIES (INDIA) LIMITED Proceedings of the 65th Annual General Meeting of the Company held through Video Conference (VC) / Other Audio-Visual Means (OAVM) on Saturday, the 27th June, 2026 at 11.00 A.M. Deemed Venue: Registered
Slide 3: Auditors, Scrutinizer and Quorum
65thAGM – 27.06.2026 High Energy Batteries (India) Limited Auditors Name Particulars Participated from Mr. N R Jayadevan Partner, M/s. Maharaj N R Suresh Chennai And Co LLP, Statutory Auditors Mr. R Prakash Partner, M/s. R Subramanian And Chennai Co LLP, Internal Auditors Mr. V Suresh M/s. V Suresh
Slide 4: Introduction and General Information
65thAGM – 27.06.2026 High Energy Batteries (India) Limited (C) Introduction The Chairman welcomed the shareholders, who have joined through Video Conference to the 65thAnnual General Meeting of the Company. The Chairman thereupon requested the directors to introduce themselves. All the directors pre
Slide 5: General Information to Shareholders (continued)
65thAGM – 27.06.2026 High Energy Batteries (India) Limited not applicable for this e-AGM. Hence, the proxy register for inspection is not available. (vi) The Register of Directors, Key Managerial Personnel and the Register of contracts or agreements and all other documents referred in the notice are
Slide 6: Committees, Corporate Video, Chairman's Speech
65thAGM – 27.06.2026 High Energy Batteries (India) Limited (E) Chairman of the Committees Chairman mentioned that Dr. R Subrahmaniya Sivam, Chairman of the Audit Committee and Nomination and Remuneration Committee and Dr.Vijayamohanan K Pillai Chairman of the CSR Committee and himself as Chairman of
Slide 7: Secretarial Audit Report and Resolutions
65thAGM – 27.06.2026 High Energy Batteries (India) Limited (K) Secretarial Audit Report Mr. R Swaminathan, CFO, informed the Shareholders that the company has obtained Secretarial Audit Report from M/s.V Suresh Associates, Practicing Company Secretaries pursuant to Section 204 (1) of the Companies A
Slide 8: Scrutinizer and Queries and Reply
65thAGM – 27.06.2026 High Energy Batteries (India) Limited (P) Scrutinizer The Chairman mentioned that Mr. A S Kalyanaraman, Practicing Chartered Accountant (Membership No. 201149) has been appointed as Scrutinizer for all the two modes of voting. He would furnish individual as well as combined repo
Slide 9: Scrutinizer Report
65thAGM – 27.06.2026 High Energy Batteries (India) Limited (U) Scrutinizer Report Post completion of the AGM on 27th June, 2026 and conclusion of E-voting, the scrutinizer furnished his report. This report contains summary of the votes cast at Remote E-voting and E-voting at AGM as under: Votes For
Slide 10: Chairman's Declaration
65thAGM – 27.06.2026 High Energy Batteries (India) Limited (W) Chairman’s Declaration The Managing Director as authorized by the Chairman declared that the following Resolutions have been duly passed by the Shareholders in terms of the voting done through Remote e-voting and voting at the AGM based
Slide 11: Chairman's Declaration (continued)
65thAGM – 27.06.2026 High Energy Batteries (India) Limited The percentage of votes cast in favor of the resolution was 99.9998% of the total votes polled. The percentage of votes polled in favor of the resolution was 54.3094% of the total Share Capital of the Company. Declared that this Resolution h
Slide 12: Chairman's Declaration (continued)
65thAGM – 27.06.2026 High Energy Batteries (India) Limited sitting fees, for a period of three financial years from FY 2026 – 2027 to FY 2028 – 2029.” RESOLVED FURTHER THAT the commission for all the Non-Executive Directors of the Company shall in aggregate, not to exceed the limits specified in Sec
Slide 13: Chairman's Speech
HIGH ENERGY BATTERIES (INDIA) LIMITED 65th Annual General Meeting Saturday – June 27, 2026 Chairman’s Speech Dear Shareholders. I extend a warm welcome to all of you to this 65th Annual General Meeting of the Company. I welcome this opportunity to reach Shareholders, far and wide, through this Video
Slide 14: Chairman's Speech: growth areas
HIGH ENERGY BATTERIES (INDIA) LIMITED 65th Annual General Meeting Saturday – June 27, 2026 Missiles like BrahMos, Army Battle Tanks, Unmanned Arial Vehicle (UAV), Drones, Autonomous Underwater Vehicle (AUV) and Satellite Launch Vehicles (SLV). Our Company is currently equipping itself through develo
Slide 15: Chairman's Speech: Economy
HIGH ENERGY BATTERIES (INDIA) LIMITED 65th Annual General Meeting Saturday – June 27, 2026 The Company’s Annual Report and Audited Accounts for the year under review, circulated through the Electronic Media, have been with you for some time and with your kind permission, I would like to take them as
Slide 16: Chairman's Speech: Defence budget
HIGH ENERGY BATTERIES (INDIA) LIMITED 65th Annual General Meeting Saturday – June 27, 2026 rate of 6.5% to 6.6% per year, cementing its position as one of the fastest-growing major economies in the world. DEFENCE The Ministry of Defence has received the highest-ever allocation of ₹7.85 lakh crore, a
Slide 17: Chairman's Speech: Performance Review
HIGH ENERGY BATTERIES (INDIA) LIMITED 65th Annual General Meeting Saturday – June 27, 2026 The budgetary allocation to Defence Research and Development Organization (DRDO) has been increased by Ministry of Defence and it is expected that it might trickle down to a reasonable budget for battery relat
Slide 18: Chairman's Speech: CSR and R&D
HIGH ENERGY BATTERIES (INDIA) LIMITED 65th Annual General Meeting Saturday – June 27, 2026 CSR The Company, by framing its CSR policy, is committed to the upliftment of rural areas near the factory and as part of the statutory obligation towards CSR, the Company spent Rs. 52.27 Lakhs with focus on p
Slide 19: Chairman's Speech: R&D progress
HIGH ENERGY BATTERIES (INDIA) LIMITED 65th Annual General Meeting Saturday – June 27, 2026 Your company also initiated the activities pertaining to the design, development cum evaluation of long endurance Sea Water battery through TDF (Technology Development Fund) DRDO. The field trials and testing
Slide 20: Chairman's Speech: VRFB and Lithium-Ion
HIGH ENERGY BATTERIES (INDIA) LIMITED 65th Annual General Meeting Saturday – June 27, 2026 of this activity and approval by Navy, regular supply can be pursued. Related to Vanadium based flow battery (VRFB), Long Duration Energy Storage (LDES) program, after successful completion of the development
Slide 21: Chairman's Speech: Dividend and Current Year
HIGH ENERGY BATTERIES (INDIA) LIMITED 65th Annual General Meeting Saturday – June 27, 2026 Drones being a strategic one for Defence, regarded as the Technology of today, we intend to pursue the related battery R&D work in the forthcoming Six (6) to Eight (8) months period, this year. Needed faciliti
Slide 22: Chairman's Speech: Diversification and Directors
HIGH ENERGY BATTERIES (INDIA) LIMITED 65th Annual General Meeting Saturday – June 27, 2026 make good in the forthcoming quarters, as the orders will get finalized in the coming days. DIVERSIFICATION As informed in the last Annual General Meeting, we pursue application-oriented development Programs i
Slide 23: Chairman's Speech: Directors and Acknowledgement
HIGH ENERGY BATTERIES (INDIA) LIMITED 65th Annual General Meeting Saturday – June 27, 2026 Mr. C V Ramana (DIN:11517220) was appointed as Nominee Director replacing Mr. N P Sinha (DIN:07980838) based on the letter received from LIC during January 2026. This appointment was passed as an Ordinary reso
Slide 24: Chairman's Speech: Acknowledgement
HIGH ENERGY BATTERIES (INDIA) LIMITED 65th Annual General Meeting Saturday – June 27, 2026 I also wish to thank all our valued Govt Statutory Bodies like IOF, PCB and Inspection cum Certifying agencies such as CEMILAC, DGAQA, DGNAI, DGQA, MSQAA, SSQAG, R&QA, CLW (Chittaranjan Loco Works) and Railway
Slide 25: Chairman's Speech: Adoption of Accounts
HIGH ENERGY BATTERIES (INDIA) LIMITED 65th Annual General Meeting Saturday – June 27, 2026 I now move for adoption of the Board’s Report, Auditors’ Report and the Accounts. I shall be glad to furnish any clarification, as may be required by the Members on the Accounts of the Company. Thank you, “Lad
Slide 26: Performance & Operational Highlights
Performance & Operational Highlights
Slide 27: Performance Highlights 2025-26
Performance Highlights 2025-26 Turnover Rs.8,310 Lakh PBT 25% Dividend of 150% for the year 2025-26 Outlook for 2026-27 is positive Debt-free company
Slide 28: Operational Highlights
Operational Highlights 270 kW propulsion battery developed for Heavy Weight Torpedoes Developed battery for Advanced Light Weight torpedoes Initiated indigenisation of Towed reel and Torpedo reel for under-water applications – Achieved indigenisation of mechanical hardware Merchant export of
Slide 29: EHWT Torpedo Propulsion Battery
EHWT Torpedo Propulsion Battery o 270kW Zn-AgO Reserve Primary battery is for EHWT Programme o Development undertaken for DRDO with battery weight reduction o Based on satisfactory completion of battery testing and qualification, commenced supplies. o Production orders anticipated after Sea Trial
Slide 30: Long Life Seawater Battery (Sonobuoy)
Long Life Seawater Battery (Sonobuoy) o This requirement is for underwater mapping and surveying purposes using acoustic signals o Completed testing of this battery (carried out in the sea) more than 12 months o Further trials on the batteries supplied to customer are in progress
Slide 31: Torpedo Reel & Towed Reel
TORPEDO REEL & TOWED REEL TORPEDO REEL o For Naval maritime operations, the Torpedo Reel functions as a fiber-optic cable source to launch Torpedo, towards its target o The Towed Reel, primarily, refers to a spooling mechanism that deploys TOWED REEL acoustic decoys or sonar arrays behind a vessel f
Slide 32: Development of 10 kW/50 kWh Vanadium Redox Flow Battery
Development of 10 kW/ 50 kWh Vanadium Redox Flow Battery for Commercial Applications Demonstration of 10 kW – 50 kWh VRFB system coupled to solar PV system Indigenous cost-effective membrane development Electrolyte / Stack design improvements for enhanced performance
Slide 33: Containerized 10 kW/50 kWh VRFB field trials
Containerized 10 kW / 50 kWh VRFB @ HEB site field trials 2025 8
Slide 34: PEM Fuel Cell System & Integration to a 3-Wheeler
Design & Development of PEM Fuel Cell System & Integration to a 3-Wheeler Development of 1 kW closed cathode PEMFC stack with optimized catalyst loading Development of open cathode PEMFC system for 3-wheeler application Demonstration of the functioning of PEMFC operated 3- wheeler with indigenous co
Slide 35: Development of Scaled-up Open Cathode PEMFC Stack
Development of Scaled-up Open Cathode PEMFC Stack Flow field / Stack Catalyst Key elements Membrane / MEA Blower/duct
Slide 36: Hydrogen Production through Electrolyzer
Hydrogen Production through Electrolyzer Design, development & demonstration of indigenous H2 Electrolyzer Hydrogen purification & storage of compressed H2 (100 bar) Assessment of H2 generated from Electrolyzer as Feed for PEM fuel cell stack
Slide 37: Lithium Ion Battery Assembly
LITHIUM ION BATTERY ASSEMBLY 1. Indigenous Battery Monitoring System (BMS) design 2. Cell and Battery Charger, Discharger and Cycler design for BESS and Rail-Road applications 3. Development of battery for Military Application 4. Development of battery for Solar power plant 5. Datalogger and control
Slide 38: Financial Highlights 2025-26
Financial Highlights 2025-26
Slide 39: Financial Highlights: Turnover
Financial Highlights Rs. In Crores 100.00 TURNOVER 92.54 90.00 83.10 77.53 79.26 77.23 80.75 80.00 70.00 59.69 61.17 3% increase 60.00 in Sales 48.02 50.00 45.85 40.00 30.00 20.00 10.00 0.00 YEAR
Slide 40: Financial Highlights: Profit Before Tax
Financial Highlights Rs. In Crores 30 PROFIT BEFORE TAX 27.49 24.74 23.99 25 23.11 31% 29% 20.68 20.75 31% 30% 20 26% 25% 15 10 8.81 14% 4.63 5 1.14 8% 0.57 2% 1% 0 2016-17 2017-18 2018-19 2019-20 2020-21 2021-22 2022-23 2023-24 2024-25 2025-26 YEAR
Slide 41: Financial Highlights: Profit After Tax
Financial Highlights Rs. In Crores 25 PROFIT AFTER TAX 20.50 20 18.33 17.95 22% 17.16 15.33 15.39 24% 23% 22% 15 19% 19% 10 5.60 5 3.28 9% 0.44 -0.86 5% 1% 0 -2% 2016-17 2017-18 2018-19 2019-20 2020-21 2021-22 2022-23 2023-24 2024-25 2025-26 YEAR -5
Slide 42: Financial Highlights: Bank Borrowing
Financial Highlights Rs. In Crores BANK BORROWING 35.00 31.07 28.58 27.90 30.00 27.05 24.53 25.00 21.98 20.85 20.00 15.00 11.25 11.56 10.00 4.77 5.00 0.00 2016-17 2017-18 2018-19 2019-20 2020-21 2021-22 2022-23 2023-24 2024-25 2025-26 YEAR
Slide 43: Financial Highlights: Other Liabilities
Financial Highlights Rs. In Crores 38.58 OTHER LIABILITIES 40 35.80 34.40 35 28.51 30 23.76 25 20.53 20 18.18 15.83 14.91 14.44 15 10 5 0 YEAR
Slide 44: Financial Highlights: Net Worth
Financial Highlights NET WORTH Rs. In Crores 120 111.50 99.60 100 87.70 80 73.48 Net worth crossed 60 55.69 Rs.100 crore and has increased by 41.94 over 7 times in the 40 last 10 years 23.76 14.84 18.25 18.62 20 0 YEAR
Slide 45: Financial Highlights: Dividend
Financial Highlights DIVIDEND 200% 175% 150% 150% 150% 150% 150% 150% 100% 50% 0% 2020-21 2021-22 2022-23 2023-24 2024-25 2025-26 YEAR
Slide 46: Financial Highlights: CAGR
Financial Highlights Rs. In Crores CAGR - Last 8 years 60% 56.73% 55.95% 50% 40% 30% 25.07% 20% 15.80% 8.44% 10% 0% Revenue EBITDA PBT PAT Net worth YEAR
Slide 47: Financial Highlights: Number of Shareholders
Financial Highlights NUMBER OF SHAREHOLDERS 24981 25000 21983 20000 17877 15000 12194 10460 10000 7682 3361 5000 0 Mar-21 Mar-22 Aug-22 Mar-23 Mar-24 Mar-25 Mar-26 YEAR
Slide 48: Thank You
THANK YOU
High Energy Batteries (India) — Shareholder Meeting (June 2026) on 6ix