BBL

OVERVALUED

Bharat Bijlee Limited

Capital Goods · NSE

29.7% vs fair value

52W Low

2,052

+35.2% from low

52W High

3,411

-18.7% from high

News sentiment
8 bull43 neu7 bear

Valuation Gauge

OVERVALUED-29.7% Margin of Safety
OVERVALUEDFAIRLY VALUEDUNDERVALUED

Current Price

₹2,774

Fair Value

₹2,139

Fair Value Analysis

₹2,139

Based on balance sheet strength analysis and earnings growth potential for Capital Goods sector companies | Sector-cheap: P/E at 15th percentile vs sector peers. | CAUTION: ROCE declining (latest 8.5%) — returns on capital are falling; verify this isn't a value trap. | Growth capped at 7.2% (ROE 6.3%×1.15) — historical CAGR exceeds sustainable rate or COVID period unverifiable.

Medium confidence

Balance Sheet Value

71% weight

₹2,292

Growth Valuation

29% weight

₹1,756

Price vs Market

BBL
Nifty 50

Shareholding Pattern

Stock Health Score

B+

Financially Healthy

7.2 / 10

Profitability

6/10

ROE of 6.3% is below the Capital Goods sector benchmark of 15%

Debt & Leverage

10/10

D/E ratio of 0.1x is well within the Capital Goods sector norm of 2.0x — strong balance sheet

Valuation vs Peers

10/10

P/E of 21.0x trades at a 81% discount to Capital Goods sector median (112x) — attractively valued

Cash Flow

6/10

FCF margin of 7.4% — healthy cash generation (₹140 Cr)

Earnings Growth

6/10

5yr EPS CAGR of 34.0% is below the Capital Goods sector average of 42.2%

Dividend

6/10

Dividend yield of 1.4% provides moderate shareholder returns

Company Health Timeline

10-year financial health at a glance

FY17
FY18
FY19
FY20
FY21
FY22
FY23
FY24
FY25
FY26
Revenue Growth
OPM %
Net Profit
Free Cash Flow
ROE %
ROCE %
Debt / Equity
Interest Cov.
Health Score
50
38
63
38
38
50
63
75
63
50
Strong
Moderate
Weak
Poor
No data

Sentiment Trend — Last 30 Days

Historical Returns

Key Ratios & Growth

FCF Yield

-6.1%

Free cash flow / market cap

Revenue Growth (YoY)

+56.8%

Year-on-year revenue change

Profit Growth (YoY)

+102.8%

Year-on-year PAT change

Operating Cash Flow

₹-92 Cr

TTM cash from operations

Key Financials

EPS (TTM)

₹121.8

P/E Ratio

21x

P/B Ratio

1.4x

ROE

6.3%

ROCE

9.1%

Debt / Equity

0.09x

Beta

0.57

Div Yield

1.3%

FCF (Cr)

₹140 Cr

Revenue (Cr)

₹1,888 Cr

EPS Growth 5Y

34%

Mkt Cap (Cr)

₹2,898 Cr

52W High

₹3,411

52W Low

₹2,051.7

Book Value/Share

₹1,808.9

Financial History

PeriodRevenueOp ProfitOPM%PATEPS
2026-03-31₹2.3K Cr₹158 Cr7.0%₹120 Cr₹106.25
2025-03-31₹1.9K Cr₹171 Cr9.0%₹134 Cr₹118.24
2024-03-31₹1.9K Cr₹175 Cr9.0%₹131 Cr₹116.32
2023-03-31₹1.4K Cr₹120 Cr8.0%₹83 Cr₹73.65
2022-03-31₹1.3K Cr₹87 Cr7.0%₹56 Cr₹49.19
2021-03-31₹731 Cr₹39 Cr5.0%₹26 Cr₹23.05
2020-03-31₹929 Cr₹70 Cr8.0%₹46 Cr₹40.37
2019-03-31₹932 Cr₹61 Cr7.0%₹42 Cr₹36.75
2018-03-31₹774 Cr₹37 Cr5.0%₹61 Cr₹53.96
2017-03-31₹677 Cr₹20 Cr3.0%₹14 Cr₹12.76
2016-03-31₹638 Cr₹20 Cr3.0%₹7 Cr₹6.36
2015-03-31₹610 Cr₹-18 Cr-3.0%₹-34 Cr₹-30.13

Compounded Growth Rates

Sales Growth

3Y+17.0%
5Y+25.5%
10Y+13.6%

Profit Growth

3Y+13.1%
5Y+35.8%
10Y+32.9%

EPS Growth

3Y+13.0%
5Y+35.7%
10Y+32.5%

Peer Comparison

Capital Goods
StockPriceFair ValueMoS%P/EROESignal

Electrosteel Castings Limited

₹78.2₹228.8+65.8%16.113.2%UNDERVALUED

Vesuvius India Limited

₹466₹1,325.9+64.8%37.217.1%UNDERVALUED

Power Finance Corporation

₹430.4₹824.5+47.8%5.720.5%FAIRLY_VALUED

REC

₹336.9₹618.3+45.5%5.620.0%FAIRLY_VALUED

Surya Roshni Limited

₹245.1₹381.4+35.7%16.612.8%FAIRLY_VALUED

Shakti Pumps (India) Limited

₹504.1₹695.5+27.5%24.218.0%UNDERVALUED

AGI Greenpac Limited

₹578.6₹663.1+12.8%10.715.6%FAIRLY_VALUED

Elecon Engineering

₹534₹544.2+1.9%31.915.8%FAIRLY_VALUED

Institutional Activity

Bulk deals, block deals, short selling & delivery volume — NSE data

Insider Trading

Community Pulse

Exchange Filings

BSE announcements · last 90 days

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