HBL Power spent several years to develop TCAS technology.
Now the orders started and HBL is one of the approved vendor (out of three).
The size of the opportunity is very big and this vertical likely to add significantly to its top line and bottom line.
Lead Acid battery is the primary revenue source but now this electronics vertical will change their business structure.
HBL also working on Several other verticals like Lithium cells plant, Electrical Train Drive systems, defense manufacturing etc.,
If these other verticals also starts materialising then HBL will become a clear winner.
If the management comes with proper investor presentation or atleast one concall per year will definitely improve the investor confidence.
Rs.1350cr sales company getting orders worth Rs.750cr (to be executed approximately in 2 years) on a new business vertical looks very interesting and promising.
With thanks
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