Bharat Bijlee share price & results
- Sept 2026
- Sept 2026
Mumbai-headquartered electrical-engineering capital goods manufacturer, incorporated in 1946.
Reported
The figures, each with its period
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | 736 | +55.6% YoY | Quarterly, as filed | Quarter to Sept 2026 | Revenue from operations as filed. |
| Operating margin | 8.0 | +1.0 pts YoY | Operating profit / revenue | Quarter to Sept 2026 | For the quarter; a change is in percentage points. |
| Net profit | 46.0 | +64.3% YoY | Quarterly, as filed | Quarter to Sept 2026 | Profit after tax as filed. |
| Return on equity | 5.62 | −1.0 pts | Trailing twelve months | TTM to Sept 2026 | Adjusted profit attributable to owners ÷ average owners’ equity. |
| Free cash flow margin | -9.01 | −16.4 pts | Fiscal year | FY ending Mar 2026 | (Operating cash flow − fixed-asset purchases + disposals) ÷ revenue. |
| Revenue growth (YoY) | 26.41 | +18.0 pts | Trailing twelve months | TTM to Sept 2026 | Revenue change against the same period one year earlier. |
Price
Performance −14.5% 1Y
1Y: ₹3,025.7 on 24 Oct 2025 → ₹2,585.8. High ₹3,216.4 (27 Apr 2026), low ₹2,042 (7 Oct 2026).
- Previous close
- ₹2,255.3
- Market cap
- ₹2.9k Cr
- 52-week range
- ₹2,042 – ₹3,216.4
- One year
- −14.37%
- Price to earnings (TTM to Sept 2026)
- 22.50×
- Return on equity (TTM to Sept 2026)
- 5.62%
Overview
- Symbol
- NSE:BBL
- Sector
- Capital Goods
- Industry
- Industrials
- Exchange
- NSE
- Currency
- INR
What Bharat Bijlee Limited does
Based on the company's own presentations, annual report and earnings calls.
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
Fundamentals
Ratios, each with its period
Current values with the period they cover; the trend reads across the 6 fiscal years held (Mar 2021 to Mar 2026).
Financials
What the filings say
Net profit, year on year: +64% (quarter to sept 2026 against sept 2025).
| Line item | Dec 2024 | Mar 2025 | Jun 2025 | Sept 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sept 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 514 | 619 | 465 | 473 | 568 | 767 | 547 | 736 |
| Expenses | 461 | 556 | 431 | 439 | 534 | 712 | 518 | 677 |
| Operating profit | 53 | 63 | 34 | 35 | 34 | 55 | 29 | 59 |
| Operating margin | 10.0% | 10.0% | 7.0% | 7.0% | 6.0% | 7.0% | 5.0% | 8.0% |
| Other income | 9 | 13 | 10 | 12 | 9 | 10 | 11 | 16 |
| Interest | 3 | 4 | 2 | 4 | 5 | 6 | 8 | 8 |
| Depreciation | 5 | 5 | 5 | 5 | 5 | 6 | 6 | 6 |
| Profit before tax | 54 | 68 | 37 | 37 | 33 | 52 | 26 | 61 |
| Tax rate | 25.0% | 26.0% | 25.0% | 25.0% | 26.0% | 25.0% | 25.0% | 25.0% |
| Net profit | 41 | 50 | 28 | 28 | 25 | 39 | 20 | 46 |
| EPS (₹ per share) | 35.94 | 44.51 | 24.67 | 24.98 | 21.83 | 34.77 | 17.37 | 40.73 |
| Line item | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| Sales | 1,419 | 1,872 | 1,902 | 2,273 |
| Expenses | 1,301 | 1,701 | 1,734 | 2,116 |
| Operating profit | 118 | 172 | 167 | 158 |
| Other income | 29 | 39 | 43 | 41 |
| Interest | 23 | 20 | 13 | 17 |
| Depreciation | 12 | 15 | 20 | 21 |
| Profit before tax | 112 | 174 | 179 | 159 |
| Net profit | 83 | 132 | 134 | 120 |
| Line item | Mar 2023 | Mar 2024 | Mar 2025 | Sept 2025 | Mar 2026 | Sept 2026 |
|---|---|---|---|---|---|---|
| Equity capital | 6 | 6 | 6 | 6 | 6 | 6 |
| Reserves | 1,372 | 1,859 | 1,936 | 2,189 | 2,023 | 2,307 |
| Borrowings | 287 | 150 | 80 | 191 | 301 | 402 |
| Other liabilities | 386 | 490 | 601 | 723 | 782 | 969 |
| Total liabilities | 2,052 | 2,505 | 2,622 | 3,109 | 3,112 | 3,684 |
| Fixed assets | 108 | 130 | 129 | 130 | 145 | 152 |
| Capital work in progress | 2 | 3 | 14 | 47 | 83 | 141 |
| Investments | 890 | 1,324 | 1,341 | 1,623 | 1,357 | 1,661 |
| Other assets | 1,051 | 1,048 | 1,138 | 1,308 | 1,528 | 1,730 |
| Total assets | 2,052 | 2,505 | 2,622 | 3,109 | 3,112 | 3,684 |
| Line item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Cash from operations | 39 | -9 | 52 | 241 | 175 | -92 |
| Cash from investing | -13 | -14 | -10 | -52 | -54 | -82 |
| Cash from financing | -20 | 17 | -31 | -182 | -123 | 163 |
| Net cash flow | 6 | -6 | 11 | 7 | -2 | -12 |
| Free cash flow | 22 | -26 | 36 | 209 | 141 | -206 |
| Line item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Debtor days | 120 | 99 | 99 | 74 | 72 | 93 |
| Inventory days | 190 | 86 | 116 | 74 | 82 | 107 |
| Days payable | 133 | 54 | 71 | 59 | 70 | 79 |
| Cash conversion cycle | 178 | 130 | 145 | 89 | 85 | 120 |
| Working capital days | 138 | 42 | 100 | 30 | 36 | 26 |
| Return on capital employed | 5.0% | 8.0% | 9.0% | 11.0% | 10.0% | 8.0% |
| Dividend payout | 11.0% | 30.0% | 27.0% | 30.0% | 30.0% | 33.0% |
Where revenue comes from
The businesses behind the company’s reported revenue.
Power systems contributes 50.1% of reported segment revenue.
Quarter ended 30 Jun 2026 · Standalone
- Power systems 50.1%
₹274.16 crore
- Industrial systems 49.9%
₹273.01 crore
| Business segment | Revenue · ₹ crore | Share |
|---|---|---|
| Power systems | 274.16 | 50.1% |
| Industrial systems | 273.01 | 49.9% |
Share = segment revenue ÷ total segment revenue, before intersegment adjustments.
How these numbers add up
- Total segment revenue
- ₹547.17 crore
- Intersegment adjustment
- ₹0.00 crore
- Net segment revenue
- ₹547.17 crore
Intersegment transactions are between the company’s own businesses. Net segment revenue can differ from income-statement revenue because reporting definitions differ.
Source: FinEdge · Last checked 19 Sept 2026. Reported segment names are kept as supplied.
What the price assumes
ExpensiveTo justify its price of ₹2586, this stock must grow earnings at 19% every year for 7 years. Our analysis caps realistic growth at ~13%. At that growth it is worth ₹1880 — downside of 27%.
- Growth the price implies
- 19.1% 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
- -27% downside if it only repeats history
Ownership
Who owns it
Public hold 47.94% as of Sept 2026; institutions cut 3.06 pts since Jun 2026.
- Promoters 33.65%
- Foreign institutions 4.04%
- Domestic institutions 14.37%
- Government 0.00%
- Public 47.94%
Who is on the register
Named in the Sep 2026 filing
Every holder of Bharat Bijlee Limited above SEBI's 1% disclosure line, and what changed since Jun 2026.
| Holder | Stake | Change |
|---|---|---|
| 8.14% | unchanged | |
| 7.97% | unchanged | |
| 6.01% | unchanged | |
| 5.00% | unchanged | |
| Mutual fund | 4.53% | unchanged |
| Insurer | 4.37% | unchanged |
| 3.31% | unchanged | |
| 2.40% | unchanged | |
| Mutual fund | 2.19% | −0.49 pp |
| 1.82% | unchanged | |
| Insurer | 1.29% | unchanged |
| 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.
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