BBL
Bharat Bijlee share price & financials
- Price
- ₹2,668.2
- Market cap
- ₹2.5k Cr
- Sector
- Capital Goods
What Bharat Bijlee Limited does
Bharat Bijlee Limited is a Capital Goods/Industrials manufacturer headquartered in Mumbai, with a lineage in electrical engineering going back to its 1946 incorporation. The company runs a single manufacturing works at Airoli, Navi Mumbai, and reaches customers across India through a regional-office network spanning the west (Mumbai/Navi Mumbai), north (New Delhi), east (Kolkata) and south (Bengaluru). The board has historically included managing directors with decades of experience specifically in the electrical engineering and elevator industries, reflecting the company's core domain.
- Manufacturing works
- 1 (Airoli, Navi Mumbai, Maharashtra)
- Regional office network
- 4 regional offices (New Delhi, Kolkata, Bengaluru, Mumbai/Navi Mumbai) beyond the registered head office
- Employee strength
- 1,892
Quarterly results
Q1 FY27: revenue up 17.6%, net profit down 28.6% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 394 | 514 | 619 | 465 | 473 +20% | 568 +11% | 767 +24% | 547 +18% |
| EBITDA | 22 | 53 | 63 | 34 | 35 +59% | 34 −36% | 55 −13% | 29 −15% |
| Net profit | 19 | 41 | 50 | 28 | 28 +47% | 25 −39% | 39 −22% | 20 −29% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Performance −25.3% 1Y
1Y: ₹3,008.9 on 10 Sept 2025 → ₹2,246.5. High ₹3,318.5 (9 Oct 2025), low ₹2,068.9 (30 Mar 2026).
Financials, as filed
Revenue grew 17.0% a year over 3 years, FY23 to FY26. Operating margin narrowed to 7.0%.
| Year ending | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| Revenue | ₹1.4k Cr | ₹1.9k Cr | ₹1.9k Cr | ₹2.3k Cr |
| Operating profit | ₹118 Cr | ₹172 Cr | ₹167 Cr | ₹158 Cr |
| Operating margin | 8.3% | 9.2% | 8.8% | 7.0% |
| Interest | ₹23 Cr | ₹20 Cr | ₹13 Cr | ₹17 Cr |
| Depreciation | ₹12 Cr | ₹15 Cr | ₹20 Cr | ₹21 Cr |
| Net profit | ₹83 Cr | ₹132 Cr | ₹134 Cr | ₹120 Cr |
| Net margin | 5.8% | 7.1% | 7.0% | 5.3% |
| Cash from operations | ₹52 Cr | ₹241 Cr | ₹175 Cr | ₹-92 Cr |
| Free cash flow | ₹36 Cr | ₹209 Cr | ₹141 Cr | ₹-206 Cr |
| ROCE | 9.0% | 11.0% | 10.0% | 8.0% |
How to read this
From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.
Balance sheet
| Year ending | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Equity capital | ₹6 Cr | ₹6 Cr | ₹6 Cr | ₹6 Cr | ₹6 Cr | ₹6 Cr |
| Reserves | ₹967 Cr | ₹1.1k Cr | ₹1.4k Cr | ₹1.9k Cr | ₹2.2k Cr | ₹2.0k Cr |
| Borrowings | ₹238 Cr | ₹279 Cr | ₹287 Cr | ₹150 Cr | ₹191 Cr | ₹301 Cr |
| Other liabilities | ₹266 Cr | ₹258 Cr | ₹386 Cr | ₹490 Cr | ₹723 Cr | ₹782 Cr |
| Total liabilities | ₹1.5k Cr | ₹1.7k Cr | ₹2.1k Cr | ₹2.5k Cr | ₹3.1k Cr | ₹3.1k Cr |
| Fixed assets | ₹102 Cr | ₹105 Cr | ₹108 Cr | ₹130 Cr | ₹130 Cr | ₹145 Cr |
| Capital work in progress | ₹3 Cr | ₹3 Cr | ₹2 Cr | ₹3 Cr | ₹47 Cr | ₹83 Cr |
| Investments | ₹561 Cr | ₹673 Cr | ₹890 Cr | ₹1.3k Cr | ₹1.6k Cr | ₹1.4k Cr |
| Other assets | ₹810 Cr | ₹878 Cr | ₹1.1k Cr | ₹1.0k Cr | ₹1.3k Cr | ₹1.5k Cr |
| Total assets | ₹1.5k Cr | ₹1.7k Cr | ₹2.1k Cr | ₹2.5k Cr | ₹3.1k Cr | ₹3.1k Cr |
How to read this
As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Who owns it
As disclosed at Jun 2026
Since Jun 2025, DIIs trimmed −2.33 pp while FIIs added +2.21 pp. The shareholder count shrank 9% to 41,365.
- Promoters
- 33.6%
- FIIs
- 5.8%
- DIIs
- 15.6%
- Public
- 44.9%
Since Jun 2025
- DIIs −2.33 pp
- FIIs +2.21 pp
- Public +0.13 pp
How it drifted, 12 quarters
Over this window the public fell from 58.4% to 44.9% — −13.5 pp.
Ownership split by quarter, oldest first. Sep '23: Promoters 33.9%, FIIs 2.1%, DIIs 5.7%, Public 58.4%.Dec '23: Promoters 33.7%, FIIs 2.1%, DIIs 7.8%, Public 56.3%.Mar '24: Promoters 33.7%, FIIs 2.3%, DIIs 9.2%, Public 54.8%.Jun '24: Promoters 33.7%, FIIs 3.6%, DIIs 12.7%, Public 50.0%.Sep '24: Promoters 33.7%, FIIs 4.8%, DIIs 16.3%, Public 45.2%.Dec '24: Promoters 33.7%, FIIs 5.3%, DIIs 17.8%, Public 43.3%.Mar '25: Promoters 33.7%, FIIs 3.8%, DIIs 17.3%, Public 45.2%.Jun '25: Promoters 33.6%, FIIs 3.6%, DIIs 18.0%, Public 44.8%.Sep '25: Promoters 33.6%, FIIs 3.7%, DIIs 18.4%, Public 44.3%.Dec '25: Promoters 33.6%, FIIs 3.6%, DIIs 17.6%, Public 45.1%.Mar '26: Promoters 33.6%, FIIs 4.1%, DIIs 17.9%, Public 44.3%.Jun '26: Promoters 33.6%, FIIs 5.8%, DIIs 15.6%, Public 44.9%.
Who bought this quarter
since Mar 2026
Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.
- HSBC mutual fund- HSBC value fund Mutual fund newly disclosed 4.53% held
The same filing shows 1 holder trimming and 2 off the list — both are in the register beside this.
Who is on the register
Named in the Jun 2026 filing
Every holder of Bharat Bijlee Limited above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Danmet Chemicals Pvt Limited | 8.14% | unchanged |
| Gayatri Education Medical And Research Foundation Pvt Ltd | 7.97% | unchanged |
| Nikhil Jaisingh Danani | 6.01% | unchanged |
| Nasivan Investments Private Limited | 5.00% | unchanged |
| HSBC mutual fund- HSBC value fund Mutual fund | 4.53% | newly disclosed |
| General Insurance Corporation Of India Insurer | 4.37% | unchanged |
| Nakul Prahlad Mehta | 3.31% | unchanged |
| LIC Mf Manufacturing Fund Mutual fund | 2.68% | −1.28 pp |
| Avanti Prahlad Mehta | 2.40% | unchanged |
| Minal Bharat Patel | 1.82% | unchanged |
| LICI Asm Non Par Insurer | 1.29% | unchanged |
| Quant Mutual Fund A/C Quant Infrastructure Fund Mutual fund | 1.14% | unchanged |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
What the price assumes
ExpensiveTo justify its price of ₹2246, this stock must grow earnings at 20% every year for 7 years. Our analysis caps realistic growth at ~13%. At that growth it is worth ₹1599 — downside of 29%.
- Growth the price implies
- 19.5% a year
- for 7 years, fading to 4%
- It has actually compounded at
- 13.1% a year
- net profit, FY23–FY26 · EPS 13.0%
- The gap
- 0.1 pp
- -29% downside if it only repeats history
Learn to analyse Bharat Bijlee Limited
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