pip install bincopy
See the test suite: https://github.com/eerimoq/bincopy/blob/master/tests/test_bincopy.py
A basic example converting from Intel HEX to Intel HEX, SREC and binary formats:
>>> import bincopy
>>> f = bincopy.File()
>>> with open("tests/files/in.hex", "r") as fin:
... f.add_ihex(fin)
>>> print(f.as_ihex())
:020000040000FA
:20010000214601360121470136007EFE09D219012146017E17C20001FF5F16002148011979
:20012000194E79234623965778239EDA3F01B2CA3F0156702B5E712B722B7321460134219F
:00000001FF
>>> print(f.as_srec())
S32500000100214601360121470136007EFE09D219012146017E17C20001FF5F16002148011973
S32500000120194E79234623965778239EDA3F01B2CA3F0156702B5E712B722B73214601342199
S5030002FA
>>> f.as_binary()
bytearray(b'!F\x016\x01!G\x016\x00~\xfe\t\xd2\x19\x01!F\x01~\x17\xc2\x00\x01\xff_\x16\x00!H\x01\x19\x19Ny#F#\x96Wx#\x9e\xda?\x01\xb2\xca?\x01Vp+^q+r+s!F\x014!')