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BBL

Bharat BijleeNSEI:BBL Stock Report

Market Cap

₹9.9b

7D

-6.5%

1Y

101.6%

Updated

27 Nov, 2021

Data

Company Financials
BBL fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance5/6
Financial Health5/6
Dividends1/6

BBL Stock Overview

Bharat Bijlee Limited operates as an electrical engineering company in India.

Rewards

PE ratio (17.5x) is below the Indian market (18.9x)

Earnings grew by 123% over the past year

Risk Analysis

No risks detected for BBL from our risk checks.

Price History & Performance

Summary of all time highs, changes and price drops for Bharat Bijlee
Historical stock prices
Current Share Price₹1,754.35
52 Week High₹1,985.60
52 Week Low₹811.20
Beta0.70
1 Month Change30.64%
3 Month Change34.78%
1 Year Change101.56%
3 Year Change57.55%
5 Year Change128.74%
Change since IPO53.45%

Recent News & Updates

Aug 23
Is Bharat Bijlee (NSE:BBL) Using Too Much Debt?

Is Bharat Bijlee (NSE:BBL) Using Too Much Debt?

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...

Shareholder Returns

BBLIN ElectricalIN Market
7D-6.5%-4.4%-3.3%
1Y101.6%82.3%43.0%

Return vs Industry: BBL exceeded the Indian Electrical industry which returned 82.3% over the past year.

Return vs Market: BBL exceeded the Indian Market which returned 43% over the past year.

Price Volatility

Is BBL's price volatile compared to industry and market?
BBL volatility
BBL Average Weekly Movement6.0%
Electrical Industry Average Movement6.3%
Market Average Movement6.0%
10% most volatile stocks in IN Market9.0%
10% least volatile stocks in IN Market3.8%

Stable Share Price: BBL is not significantly more volatile than the rest of Indian stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: BBL's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1946973Nakul Mehtahttps://www.bharatbijlee.com

Bharat Bijlee Limited operates as an electrical engineering company in India. It operates in two segments, Power Systems and Industrial Systems. The company offers transformers, such as sub-station, generator, unit auxiliary, and single phase traction transformers; three phase squirrel cage induction motors; gearless belt machines for passenger lifts and elevators; gearless machines for home elevators, heavy duty goods, and heavy goods lifts; and AC drives, servo drives, and motion controllers.

Bharat Bijlee Fundamentals Summary

How do Bharat Bijlee's earnings and revenue compare to its market cap?
BBL fundamental statistics
Market Cap₹9.93b
Earnings (TTM)₹568.10m
Revenue (TTM)₹11.06b

17.5x

P/E Ratio

0.9x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
BBL income statement (TTM)
Revenue₹11.06b
Cost of Revenue₹8.04b
Gross Profit₹3.02b
Expenses₹2.45b
Earnings₹568.10m

Last Reported Earnings

Sep 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)100.52
Gross Margin27.31%
Net Profit Margin5.14%
Debt/Equity Ratio29.5%

How did BBL perform over the long term?

See historical performance and comparison

Dividends

0.3%

Current Dividend Yield

5%

Payout Ratio

Valuation

Is Bharat Bijlee undervalued compared to its fair value and its price relative to the market?

17.48x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: BBL (₹1754.35) is trading above our estimate of fair value (₹44.02)

Significantly Below Fair Value: BBL is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: BBL is good value based on its PE Ratio (17.5x) compared to the Indian Electrical industry average (20.3x).

PE vs Market: BBL is good value based on its PE Ratio (17.5x) compared to the Indian market (18.9x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate BBL's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: BBL is good value based on its PB Ratio (0.9x) compared to the IN Electrical industry average (1.5x).


Future Growth

How is Bharat Bijlee forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

24.3%

Forecasted Capital Goods industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Bharat Bijlee has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Past Performance

How has Bharat Bijlee performed over the past 5 years?

8.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: BBL has high quality earnings.

Growing Profit Margin: BBL's current net profit margins (5.1%) are higher than last year (3.5%).


Past Earnings Growth Analysis

Earnings Trend: BBL's earnings have grown by 8.8% per year over the past 5 years.

Accelerating Growth: BBL's earnings growth over the past year (123%) exceeds its 5-year average (8.8% per year).

Earnings vs Industry: BBL earnings growth over the past year (123%) exceeded the Electrical industry 72.2%.


Return on Equity

High ROE: BBL's Return on Equity (5.3%) is considered low.


Financial Health

How is Bharat Bijlee's financial position?


Financial Position Analysis

Short Term Liabilities: BBL's short term assets (₹9.0B) exceed its short term liabilities (₹5.5B).

Long Term Liabilities: BBL's short term assets (₹9.0B) exceed its long term liabilities (₹382.2M).


Debt to Equity History and Analysis

Debt Level: BBL's net debt to equity ratio (24.2%) is considered satisfactory.

Reducing Debt: BBL's debt to equity ratio has reduced from 53.9% to 29.5% over the past 5 years.

Debt Coverage: BBL's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: BBL earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is Bharat Bijlee current dividend yield, its reliability and sustainability?

0.28%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: BBL's dividend (0.28%) isn’t notable compared to the bottom 25% of dividend payers in the Indian market (0.35%).

High Dividend: BBL's dividend (0.28%) is low compared to the top 25% of dividend payers in the Indian market (1.47%).


Stability and Growth of Payments

Stable Dividend: BBL's dividend payments have been volatile in the past 10 years.

Growing Dividend: BBL's dividend payments have fallen over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (5%), BBL's dividend payments are thoroughly covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

31.3yrs

Average management tenure


CEO

Nakul Mehta (63 yo)

31.58yrs

Tenure

₹21,178,600

Compensation

Mr. Nakul Prahlad Mehta has been the Managing Director of Bharat Bijlee Limited since April 1, 1990 and serves as its Vice Chairman. Mr. Mehta has been an Executive Director of Bharat Bijlee Ltd since June...


CEO Compensation Analysis

Compensation vs Market: Nakul's total compensation ($USD282.19K) is above average for companies of similar size in the Indian market ($USD39.78K).

Compensation vs Earnings: Nakul's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: BBL's management team is seasoned and experienced (31.3 years average tenure).


Board Members

Experienced Board: BBL's board of directors are considered experienced (7.3 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Bharat Bijlee Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Bharat Bijlee Limited
  • Ticker: BBL
  • Exchange: NSEI
  • Founded: 1946
  • Industry: Electrical Components and Equipment
  • Sector: Capital Goods
  • Market Cap: ₹9.928b
  • Shares outstanding: 5.65m
  • Website: https://www.bharatbijlee.com

Number of Employees


Location

  • Bharat Bijlee Limited
  • Electric Mansion
  • 6th Floor
  • Mumbai
  • Maharashtra
  • 400025
  • India

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/11/27 12:06
End of Day Share Price2021/11/26 00:00
Earnings2021/09/30
Annual Earnings2021/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.