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 ₹ 3,040 Cr.
- Current Price ₹ 2,689
- High / Low ₹ 3,411 / 2,009
- Stock P/E 25.3
- Book Value ₹ 1,795
- Dividend Yield 1.30 %
- ROCE 8.37 %
- ROE 6.05 %
- Face Value ₹ 5.00
Pros
- Company has been maintaining a healthy dividend payout of 30.9%
Cons
- Promoter holding is low: 33.6%
- Company has a low return on equity of 6.95% 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.
Peer comparison
Industrials Capital Goods Electrical Equipment Heavy Electrical Equipment
Part of BSE Industrials BSE 1000
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 610 | 638 | 677 | 774 | 932 | 929 | 731 | 1,266 | 1,418 | 1,872 | 1,902 | 2,274 | |
| 628 | 618 | 658 | 737 | 872 | 858 | 692 | 1,179 | 1,299 | 1,698 | 1,730 | 2,111 | |
| Operating Profit | -18 | 20 | 20 | 37 | 61 | 70 | 39 | 87 | 120 | 175 | 171 | 163 |
| OPM % | -3% | 3% | 3% | 5% | 7% | 8% | 5% | 7% | 8% | 9% | 9% | 7% |
| 18 | 21 | 27 | 68 | 29 | 30 | 27 | 24 | 29 | 38 | 43 | 41 | |
| Interest | 23 | 23 | 19 | 23 | 20 | 23 | 19 | 24 | 24 | 23 | 16 | 22 |
| Depreciation | 12 | 10 | 10 | 9 | 8 | 9 | 10 | 12 | 13 | 15 | 19 | 22 |
| Profit before tax | -34 | 7 | 18 | 73 | 62 | 69 | 37 | 75 | 111 | 174 | 179 | 160 |
| Tax % | -1% | 2% | 20% | 16% | 33% | 34% | 29% | 25% | 25% | 24% | 25% | 25% |
| -34 | 7 | 14 | 61 | 42 | 46 | 26 | 56 | 83 | 131 | 134 | 120 | |
| EPS in Rs | -30.13 | 6.36 | 12.76 | 53.96 | 36.75 | 40.37 | 23.05 | 49.19 | 73.65 | 116.32 | 118.24 | 106.25 |
| Dividend Payout % | 0% | 0% | 0% | 2% | 17% | 15% | 11% | 30% | 27% | 30% | 30% | 33% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 14% |
| 5 Years: | 25% |
| 3 Years: | 17% |
| TTM: | 20% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 33% |
| 5 Years: | 37% |
| 3 Years: | 13% |
| TTM: | -10% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 19% |
| 5 Years: | 31% |
| 3 Years: | 12% |
| 1 Year: | -20% |
| Return on Equity | |
|---|---|
| 10 Years: | 6% |
| 5 Years: | 7% |
| 3 Years: | 7% |
| Last Year: | 6% |
Balance Sheet
Figures in Rs. Crores
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 |
| Reserves | 260 | 267 | 646 | 686 | 746 | 750 | 967 | 1,118 | 1,372 | 1,859 | 1,936 | 2,023 |
| 133 | 169 | 178 | 215 | 199 | 248 | 238 | 279 | 287 | 150 | 80 | 301 | |
| 201 | 201 | 213 | 208 | 197 | 237 | 266 | 258 | 386 | 490 | 601 | 782 | |
| Total Liabilities | 599 | 642 | 1,042 | 1,114 | 1,148 | 1,240 | 1,476 | 1,660 | 2,052 | 2,505 | 2,622 | 3,112 |
| 84 | 77 | 72 | 65 | 69 | 74 | 102 | 105 | 108 | 130 | 129 | 145 | |
| CWIP | 1 | 1 | 1 | 7 | 8 | 24 | 3 | 3 | 2 | 3 | 14 | 83 |
| Investments | 8 | 8 | 352 | 347 | 376 | 353 | 561 | 673 | 890 | 1,324 | 1,341 | 1,357 |
| 507 | 556 | 618 | 693 | 695 | 790 | 810 | 878 | 1,051 | 1,048 | 1,138 | 1,528 | |
| Total Assets | 599 | 642 | 1,042 | 1,114 | 1,148 | 1,240 | 1,476 | 1,660 | 2,052 | 2,505 | 2,622 | 3,112 |
Cash Flows
Figures in Rs. Crores
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -41 | -5 | 13 | -53 | 53 | 12 | 39 | -9 | 52 | 241 | 175 | -92 | |
| 10 | -11 | 6 | 26 | -20 | -22 | -13 | -14 | -10 | -52 | -54 | -82 | |
| 31 | 14 | -7 | 18 | -34 | 10 | -20 | 17 | -31 | -182 | -123 | 163 | |
| Net Cash Flow | 0 | -2 | 12 | -10 | -1 | 1 | 6 | -6 | 11 | 7 | -2 | -12 |
| Free Cash Flow | -43 | -9 | 9 | -14 | 39 | -15 | 22 | -26 | 36 | 209 | 141 | -206 |
| CFO/OP | 223% | -30% | 44% | -104% | 112% | 36% | 115% | 10% | 65% | 162% | 129% | -31% |
Ratios
Figures in Rs. Crores
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 127 | 128 | 120 | 140 | 100 | 115 | 120 | 99 | 99 | 74 | 72 | 93 |
| Inventory Days | 68 | 80 | 91 | 74 | 81 | 114 | 190 | 86 | 116 | 74 | 82 | 107 |
| Days Payable | 115 | 114 | 115 | 103 | 84 | 96 | 133 | 54 | 71 | 59 | 70 | 79 |
| Cash Conversion Cycle | 80 | 94 | 97 | 111 | 98 | 133 | 178 | 130 | 145 | 89 | 85 | 120 |
| Working Capital Days | 19 | 11 | 45 | 87 | 94 | 99 | 138 | 42 | 100 | 30 | 36 | 26 |
| ROCE % | -3% | 7% | 6% | 6% | 9% | 9% | 5% | 8% | 9% | 11% | 10% | 8% |
Insights
In beta| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Power Systems Segment Revenue Share % |
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| Transformer Installed Capacity MVA |
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| Servo Motor Average Monthly Production nos./month |
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Extracted by Screener AI
Documents
Announcements
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
2d - Certificate under Regulation 74(5) of SEBI (DP) Regulations, 2018, for the quarter ended June 30, 2026.
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Communication To Shareholders - Deduction Of Tax At Source On Dividend
3 Jul - TDS communication for Rs.35 dividend; declarations due July 15, 2026, payout starts August 3, 2026.
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Letter To The Shareholders, For Web-Link Of Annual Report And Notice Of AGM, For F.Y. 2025-2026
2 Jul - 79th AGM scheduled for July 23, 2026; annual report FY2025-26 web-link shared.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
29 Jun - Nespaper Publication - 79th Annual General Meeting Notice
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Business Responsibility and Sustainability Reporting (BRSR)
26 Jun - Bharat Bijlee filed FY26 BRSR and disclosed Rs 8.42 crore GST penalty order, under appeal.
Annual reports
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Financial Year 2026
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Financial Year 2025
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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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Business Segments