Bharat Bijlee Ltd
Established in 1946, Bharat Bijlee is a leading electrical engineering company in India engaged in manufacturing of transformers, electric motors, elevator systems, drives and automation. It also provides turnkey solutions for EHV switchyards, HV and MV substations, Electrical Balance of Plant, etc. [1]
- Market Cap ₹ 3,464 Cr.
- Current Price ₹ 3,065
- High / Low ₹ 5,104 / 2,350
- Stock P/E 25.2
- Book Value ₹ 1,717
- Dividend Yield 1.13 %
- ROCE 9.66 %
- ROE 7.00 %
- Face Value ₹ 5.00
Pros
- Company has reduced debt.
- Company is almost debt free.
- Company has delivered good profit growth of 24.5% CAGR over last 5 years
- Company has been maintaining a healthy dividend payout of 29.0%
- Company's working capital requirements have reduced from 55.3 days to 36.3 days
Cons
- Promoter holding is low: 33.6%
- Company has a low return on equity of 7.25% over last 3 years.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
485 | 610 | 638 | 677 | 774 | 932 | 929 | 731 | 1,266 | 1,418 | 1,872 | 1,902 | 1,992 | |
491 | 628 | 618 | 658 | 737 | 872 | 858 | 692 | 1,179 | 1,299 | 1,698 | 1,730 | 1,820 | |
Operating Profit | -6 | -18 | 20 | 20 | 37 | 61 | 70 | 39 | 87 | 120 | 175 | 171 | 172 |
OPM % | -1% | -3% | 3% | 3% | 5% | 7% | 8% | 5% | 7% | 8% | 9% | 9% | 9% |
18 | 18 | 21 | 27 | 68 | 29 | 30 | 27 | 24 | 29 | 38 | 43 | 44 | |
Interest | 15 | 23 | 23 | 19 | 23 | 20 | 23 | 19 | 24 | 24 | 23 | 16 | 12 |
Depreciation | 11 | 12 | 10 | 10 | 9 | 8 | 9 | 10 | 12 | 13 | 15 | 19 | 20 |
Profit before tax | -13 | -34 | 7 | 18 | 73 | 62 | 69 | 37 | 75 | 111 | 174 | 179 | 184 |
Tax % | -16% | -1% | 2% | 20% | 16% | 33% | 34% | 29% | 25% | 25% | 24% | 25% | |
-11 | -34 | 7 | 14 | 61 | 42 | 46 | 26 | 56 | 83 | 131 | 134 | 138 | |
EPS in Rs | -9.99 | -30.13 | 6.36 | 12.76 | 53.96 | 36.75 | 40.37 | 23.05 | 49.19 | 73.65 | 116.32 | 118.24 | 121.74 |
Dividend Payout % | 0% | 0% | 0% | 0% | 2% | 17% | 15% | 11% | 30% | 27% | 30% | 30% |
Compounded Sales Growth | |
---|---|
10 Years: | 12% |
5 Years: | 15% |
3 Years: | 15% |
TTM: | 10% |
Compounded Profit Growth | |
---|---|
10 Years: | 19% |
5 Years: | 25% |
3 Years: | 34% |
TTM: | 6% |
Stock Price CAGR | |
---|---|
10 Years: | 27% |
5 Years: | 51% |
3 Years: | 44% |
1 Year: | -39% |
Return on Equity | |
---|---|
10 Years: | 6% |
5 Years: | 6% |
3 Years: | 7% |
Last Year: | 7% |
Balance Sheet
Figures in Rs. Crores
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 |
Reserves | 295 | 260 | 267 | 646 | 686 | 746 | 750 | 967 | 1,118 | 1,372 | 1,859 | 1,936 |
81 | 133 | 169 | 178 | 215 | 199 | 248 | 238 | 279 | 287 | 150 | 80 | |
193 | 201 | 201 | 213 | 208 | 197 | 237 | 266 | 258 | 386 | 490 | 601 | |
Total Liabilities | 576 | 599 | 642 | 1,042 | 1,114 | 1,148 | 1,240 | 1,476 | 1,660 | 2,052 | 2,505 | 2,622 |
94 | 84 | 77 | 72 | 65 | 69 | 74 | 102 | 105 | 108 | 130 | 129 | |
CWIP | 1 | 1 | 1 | 1 | 7 | 8 | 24 | 3 | 3 | 2 | 3 | 14 |
Investments | 12 | 8 | 8 | 352 | 347 | 376 | 353 | 561 | 673 | 890 | 1,324 | 1,341 |
469 | 507 | 556 | 618 | 693 | 695 | 790 | 810 | 878 | 1,051 | 1,048 | 1,138 | |
Total Assets | 576 | 599 | 642 | 1,042 | 1,114 | 1,148 | 1,240 | 1,476 | 1,660 | 2,052 | 2,505 | 2,622 |
Cash Flows
Figures in Rs. Crores
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
6 | -41 | -5 | 13 | -53 | 53 | 12 | 39 | -9 | 52 | 241 | 175 | |
11 | 10 | -11 | 6 | 26 | -20 | -22 | -13 | -14 | -10 | -52 | -54 | |
-18 | 31 | 14 | -7 | 18 | -34 | 10 | -20 | 17 | -31 | -182 | -123 | |
Net Cash Flow | -1 | 0 | -2 | 12 | -10 | -1 | 1 | 6 | -6 | 11 | 7 | -2 |
Ratios
Figures in Rs. Crores
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 119 | 127 | 128 | 120 | 140 | 100 | 115 | 120 | 99 | 99 | 74 | 72 |
Inventory Days | 120 | 68 | 80 | 91 | 74 | 81 | 114 | 190 | 86 | 116 | 74 | 82 |
Days Payable | 142 | 115 | 114 | 115 | 103 | 84 | 96 | 133 | 54 | 71 | 59 | 70 |
Cash Conversion Cycle | 97 | 80 | 94 | 97 | 111 | 98 | 133 | 178 | 130 | 145 | 89 | 85 |
Working Capital Days | 134 | 19 | 11 | 45 | 87 | 94 | 99 | 138 | 42 | 100 | 30 | 36 |
ROCE % | 0% | -3% | 7% | 6% | 6% | 9% | 9% | 5% | 8% | 9% | 11% | 10% |
Documents
Announcements
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Shareholder Meeting / Postal Ballot-Outcome of AGM
3h - AGM Sep 11, 2025: all six resolutions passed; ₹35/share dividend declared; MD and director reappointments approved.
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Shareholder Meeting / Postal Ballot-Scrutinizer''s Report
3h - 78th AGM on Sept 11, 2025: ₹35/share dividend declared; six ordinary resolutions passed, two directors re‑appointed.
-
Shareholder Meeting / Postal Ballot-Outcome of AGM
9h - AGM approved FY2024-25 financials; declared ₹35/share dividend; reappointed two directors; all six resolutions passed.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
29 Aug - Newspaper Notice - the opening of Special WIndow for re-lodgement of the transfer requests of physical shares.
- Communication To Shareholders - Deduction Of Tax At Source On Dividend 26 Aug
Annual reports
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Financial Year 2025
from bse
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
from nse
Business Segments