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    Bharat Bijlee Limited

    Mumbai-headquartered electrical-engineering capital goods manufacturer, incorporated in 1946.

    Capital Goods
    Industrials
    ₹2,668.2
    -3.10% from avg

    Overview

    Price

    ₹2,668.2

    Market Cap

    ₹2.8k Cr

    Sector

    Capital Goods

    Industrials

    Rank

    3

    Performance

    Financials

    Income Statement

    Financial Trajectories

    11
    Quarterly

    Balance Sheet

    Balance Sheet

    ₹ Cr · Annual
    Line itemFY20FY21FY22FY23FY24FY25FY26FY26
    LiabilitiesEquity Capital66666666
    Reserves7509671.1k1.4k1.9k1.9k2.2k2.0k
    Borrowings24823827928715080191301
    Other Liabilities237266258386490601723782
    Total Liabilities1.2k1.5k1.7k2.1k2.5k2.6k3.1k3.1k
    AssetsFixed Assets74102105108130129130145
    CWIP243323144783
    Investments3535616738901.3k1.3k1.6k1.4k
    Other Assets7908108781.1k1.0k1.1k1.3k1.5k
    Total Assets1.2k1.5k1.7k2.1k2.5k2.6k3.1k3.1k

    Cash Flow

    Cash Flow

    ₹ Cr · Annual
    Line itemFY19FY20FY21FY22FY23FY24FY25FY26
    ActivitiesCash from Operating531239-952241175-92
    Cash from Investing-20-22-13-14-10-52-54-82
    Cash from Financing-3410-2017-31-182-123163
    SummaryCapital Expenditure
    Free Cash Flow39-1522-2636209141-206
    FCF Margin

    Valuation

    Assumptions

    Current — BBL
    Price
    ₹2,668
    EPS (TTM)
    ₹106.25
    PE (TTM)
    25.1
    Profit growth
    13.1%

    The Earnings Per Share over the last 12 months.

    %

    Your assumption of the company's expected yearly EPS growth (e.g., 6 for 6%).

    Pre-filled with the lower of median (24.4×) and current (25.1×) PE — the conservative anchor.

    %

    The annualized return you aim to achieve. We solve for the price that delivers it, then compare to today's price.

    Valuation

    Current price
    ₹2,668
    vs
    Fair value · 15% return
    ₹2,060
    23%Overvalued

    At 13.1% growth and a 24× exit, ₹2668 only delivers your return if you pay ₹2,060. The price is currently baking in 19% growth.

    EPS grows 13.1%/yr for 5 years, then fades to 6% over 2, exits at 24×.

    YearGrowthEPS (₹)
    FY2713.1%120.17
    FY2813.1%135.91
    FY2913.1%153.72
    FY3013.1%173.85
    FY3113.1%196.63
    FY329.6% ·fade215.40
    FY336.0% ·fade228.33

    Methodology: we discount normalized net profit as a proxy for owner earnings (an earnings-power approximation — not full free cash flow). Terminal growth is capped at 6% (≈ nominal GDP) regardless of the required return. This is an analytical tool, not investment advice.

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