---
title: "Behari Lal Engineering (BLEL) Share Price, Financials & Research"
symbol: "BLEL"
company: "Behari Lal Engineering Ltd"
canonical: "https://tapetide.com/stocks/BLEL"
isin: "INE1EEM01017"
nse_symbol: "BLEL"
bse_code: "544870"
sector: "Capital Goods"
industry: "Industrial Products"
generated_at: "2026-11-04T04:33:30.623Z"
---

# Behari Lal Engineering (BLEL)

Canonical page: https://tapetide.com/stocks/BLEL

## Key Facts

- **Price:** ₹447.50 as of 4 Nov 2026, 10:01 IST
- **P/E (TTM):** 31.08 as of 4 Nov 2026
- **Revenue, Jun 2026 quarter:** ₹151.7 Cr, against ₹128.5 Cr in Jun 2025 (+18.05% year on year)
- **Net profit, Jun 2026 quarter:** ₹19.2 Cr, against ₹15.4 Cr in Jun 2025 (+24.68% year on year)
- **Promoter holding:** 70.84% in Sep 2026, a change of -17.67 percentage points from Sep 2025

## Company

- **NSE symbol:** BLEL
- **BSE code:** 544870
- **ISIN:** INE1EEM01017
- **Macro sector:** Industrials
- **Sector:** Capital Goods
- **Industry:** Industrial Products
- **Basic industry:** Iron & Steel Products
- **In the F&O segment:** No

## Latest Price

- **Price:** ₹447.50
- **Change:** +4.55 (+1.03%)
- **Open:** ₹442.80
- **Day High:** ₹447.75
- **Day Low:** ₹439.65
- **Previous Close:** ₹442.95
- **Volume:** 27,059
- **As of:** 4 Nov 2026, 10:01 IST

## Key Fundamentals

Price-based figures as of 4 Nov 2026, 10:01 IST · TTM.

- **ROCE:** 30.90%
- **Debt to Equity:** 0.06
- **EPS (TTM):** ₹14.40
- **Book Value:** ₹94.34
- **P/E (TTM):** 31.08
- **P/B:** 4.74
- **ROE:** 23.60%
- **Dividend Yield:** 0.00%
- **EBITDA:** ₹101 Cr
- **52W High:** ₹548.00
- **52W Low:** ₹415.00

## Peer Comparison

Classification: Industrials › Capital Goods › Industrial Products › Iron & Steel Products

| Company | Price | P/E | Market Cap | P/B | Div Yield | ROE | ROCE | Sales TTM | Net Profit TTM |
| --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| [Welspun Corp Ltd (WELCORP)](https://tapetide.com/stocks/WELCORP) | ₹2,312.40 | 26.41 | ₹62,629 Cr | 5.74 | 0.22% | 19.40% | 22.90% | ₹17,300 Cr | ₹2,319 Cr |
| [APL Apollo Tubes Ltd (APLAPOLLO)](https://tapetide.com/stocks/APLAPOLLO) | ₹2,170.00 | 49.02 | ₹59,572 Cr | 10.50 | 0.39% | 25.40% | 31.80% | ₹23,065 Cr | ₹1,229 Cr |
| [Shyam Metalics & Energy Ltd (SHYAMMETL)](https://tapetide.com/stocks/SHYAMMETL) | ₹1,234.20 | 30.67 | ₹34,677 Cr | 2.79 | 0.15% | 9.70% | 13.00% | ₹19,584 Cr | ₹1,121 Cr |
| [Ratnamani Metals & Tubes Ltd (RATNAMANI)](https://tapetide.com/stocks/RATNAMANI) | ₹2,432.60 | 39.39 | ₹16,992 Cr | 4.15 | 0.41% | 12.60% | 17.90% | ₹4,314 Cr | ₹514 Cr |
| [Jindal Saw Ltd (JINDALSAW)](https://tapetide.com/stocks/JINDALSAW) | ₹246.92 | 28.78 | ₹15,559 Cr | 1.25 | 0.82% | 8.20% | 10.40% | ₹18,501 Cr | ₹498 Cr |
| [Usha Martin Ltd (USHAMART)](https://tapetide.com/stocks/USHAMART) | ₹467.90 | 28.12 | ₹14,128 Cr | 4.32 | 0.82% | 15.10% | 19.50% | ₹3,837 Cr | ₹508 Cr |
| [Gallantt Ispat Ltd. (GALLANTT)](https://tapetide.com/stocks/GALLANTT) | ₹537.20 | 29.73 | ₹12,619 Cr | 3.72 | 0.39% | 15.60% | 18.20% | ₹4,437 Cr | ₹436 Cr |
| [Behari Lal Engineering Ltd (BLEL)](https://tapetide.com/stocks/BLEL) (this company) | ₹447.50 | 31.08 | ₹1,889 Cr | 4.74 | 0.00% | 23.60% | 30.90% | ₹422 Cr | ₹56 Cr |
| Median of 8 companies | ₹885.70 | 30.20 | ₹16,276 Cr | 4.24 | 0.39% | 15.35% | 18.85% | ₹10,869 Cr | ₹511 Cr |

Comparable companies in the same industry. Market cap, P/E and P/B use the latest price; other metrics are as reported in filings. A dash means the figure is not published for that company.

## Key Insights

### Strengths

- Company is almost debt free.

## Technical Indicators

As of 3 Nov 2026.

| Group | Signal | Bearish | Neutral | Bullish |
| --- | --- | ---: | ---: | ---: |
| Overall | Bearish | 8 | 9 | 2 |
| Oscillators | Neutral | 2 | 5 | 2 |
| Moving Averages | Strong Bearish | 6 | 4 | 0 |

### Oscillators: Neutral

| Name | Value | Signal |
| --- | ---: | --- |
| RSI (14) | 43.75 | Neutral |
| MACD (12,26,9) | -7.94 | Bearish |
| Stochastic (14,3,3) | 17.12 | Bullish |
| ADX (14) | 18.43 | Neutral |
| Williams %R (14) | -81.43 | Bullish |
| ATR (14) | 23.88 | Neutral |
| ROC (12) | -10.51 | Bearish |
| Stoch RSI (14) | 22.66 | Neutral |
| UO (7,14,28) | 44.68 | Neutral |

### Moving Averages: Strong Bearish

| Name | Value | Signal |
| --- | ---: | --- |
| SMA (10) | 446.06 | Bearish |
| EMA (10) | 452.18 | Bearish |
| SMA (20) | 473.13 | Bearish |
| EMA (20) | 460.33 | Bearish |
| SMA (50) | 462.57 | Bearish |
| EMA (50) | 463.34 | Bearish |
| SMA (100) | — | Neutral |
| EMA (100) | — | Neutral |
| SMA (200) | — | Neutral |
| EMA (200) | — | Neutral |

### Pivot Points

| Level | Classic | Fibonacci | Camarilla |
| --- | ---: | ---: | ---: |
| R3 | 465.25 | 460.05 | 446.73 |
| R2 | 460.05 | 454.80 | 445.47 |
| R1 | 451.50 | 451.55 | 444.21 |
| PP | 446.30 | 446.30 | 446.30 |
| S1 | 437.75 | 441.05 | 441.69 |
| S2 | 432.55 | 437.80 | 440.43 |
| S3 | 424.00 | 432.55 | 439.17 |

## Growth Rate

Growth computed from the financial statements below. A window with no rate gives the reason instead of a figure.

| Metric | Window | Growth | What it compares |
| --- | --- | ---: | --- |
| Revenue | 3Y | 4.88% | compounded annual rate, Mar 2023 to Mar 2026 |
| Revenue | 1Y | 5.13% | fiscal year to Mar 2026 vs the year to Mar 2025 |
| Net profit | 3Y | 30.87% | compounded annual rate, Mar 2023 to Mar 2026 |
| Net profit | 1Y | 22.64% | fiscal year to Mar 2026 vs the year to Mar 2025 |
| Operating cash flow | 3Y | 29.14% | compounded annual rate, Mar 2023 to Mar 2026 |
| Operating cash flow | 1Y | -54.84% | fiscal year to Mar 2026 vs the year to Mar 2025 |
| Operating margin | 3Y | +6.96 pp | compounded annual rate, Mar 2023 to Mar 2026 |
| Operating margin | 1Y | +2.30 pp | fiscal year to Mar 2026 vs the year to Mar 2025 |

Trailing twelve months: Results are not reported for each of the last eight quarters, so there is no trailing-twelve-month figure.

## Financial Statements

### Quarterly Results

Figures in ₹ crore unless the row name gives another unit.

| Item | Jun 2025 | Mar 2026 | Jun 2026 |
| --- | ---: | ---: | ---: |
| Sales | 128 | 131 | 152 |
| Expenses | 106 | 108 | 124 |
| Operating Profit | 23 | 23 | 28 |
| OPM % | 18% | 18% | 18% |
| Other Income | 1 | 7 | 2 |
| Interest | 0 | 0 | 0 |
| Depreciation | 3 | 4 | 4 |
| Profit before tax | 21 | 26 | 26 |
| Tax % | 26% | 19% | 25% |
| Net Profit | 15 | 21 | 19 |
| EPS in Rs | 3.95 | 5.48 | 4.92 |

### Profit & Loss

Figures in ₹ crore unless the row name gives another unit.

| Item | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | ---: | ---: | ---: | ---: |
| Sales | 462 | 445 | 507 | 533 |
| Expenses | 417 | 388 | 434 | 443 |
| Operating Profit | 45 | 57 | 73 | 89 |
| OPM % | 10% | 13% | 14% | 17% |
| Other Income | 5 | 4 | 8 | 12 |
| Interest | 4 | 2 | 1 | 2 |
| Depreciation | 8 | 9 | 11 | 13 |
| Profit before tax | 38 | 50 | 69 | 87 |
| Tax % | 25% | 28% | 24% | 25% |
| Net Profit | 29 | 36 | 53 | 65 |
| EPS in Rs | 72 | 73.66 | 67.82 | 16.56 |
| Dividend Payout % | 0% | 0% | 0% | 0% |

### Balance Sheet

Figures in ₹ crore unless the row name gives another unit.

| Item | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | ---: | ---: | ---: | ---: |
| Equity Capital | 4 | 5 | 8 | 39 |
| Reserves | 116 | 189 | 234 | 267 |
| Borrowings | 64 | 41 | 8 | 18 |
| Other Liabilities | 20 | 27 | 47 | 44 |
| Total Liabilities | 203 | 262 | 296 | 368 |
| Fixed Assets | 60 | 67 | 83 | 96 |
| CWIP | 5 | 4 | 4 | 4 |
| Investments | 3 | 3 | 0 | 0 |
| Other Assets | 135 | 188 | 209 | 268 |
| Total Assets | 203 | 262 | 296 | 368 |

### Cash Flow

Figures in ₹ crore unless the row name gives another unit.

| Item | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | ---: | ---: | ---: | ---: |
| Cash from Operating Activity | 13 | 37 | 62 | 28 |
| Cash from Investing Activity | -21 | -52 | -20 | -38 |
| Cash from Financing Activity | 9 | 14 | -40 | 9 |
| Net Cash Flow | 1 | -1 | 2 | -1 |
| Free Cash Flow | -8 | 22 | 36 | 1 |
| CFO/OP | 50 | 84 | 111 | 55 |

### Ratios

| Item | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | ---: | ---: | ---: | ---: |
| Debtor Days | 52 | 67 | 56 | 66 |
| Inventory Days | 67 | 80 | 103 | 136 |
| Days Payable | 13 | 14 | 31 | 26 |
| Cash Conversion Cycle | 106 | 133 | 128 | 175 |
| Working Capital Days | 61 | 72 | 81 | 103 |
| ROCE % | — | 25% | 29% | 31% |

## Shareholding Pattern

### Quarterly Shareholding

Holdings in % of shares; shareholders as a count.

| Holder | Sep 2025 | Sep 2026 |
| --- | ---: | ---: |
| Promoters | 88.51% | 70.84% |
| FIIs | 0.00% | 1.63% |
| DIIs | 0.00% | 11.18% |
| Government | 0.00% | 0.00% |
| Public | 0.00% | 11.75% |
| Others | 11.49% | 4.60% |
| No. of Shareholders | 17 | 52,206 |

## Documents

### Concalls

| Month | Call documents |
| --- | --- |
| Sep 2026 | [Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9fb74cf9-146c-45af-b720-7f3d22d9ed41.pdf), [PPT](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=82b97449-a0a0-45ca-8696-aafce239ac7b.pdf), [Recording](https://www.beharilalengineering.com/assets/img/audio/q1fy27.mpeg) |

### Results

| Date | Document |
| --- | --- |
| 7 Sep 2026 | [Unaudited Financial Results](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=fd4c682d-ae7b-438c-806c-c9d8362e4057.pdf) |

### Credit ratings

| Date | Document |
| --- | --- |
| 3 Aug 2026 | [Credit rating update — CARE Ratings](https://www.careratings.com/upload/CompanyFiles/PR/202608120809_Behari_Lal_Engineering_Limited.pdf) |
| 31 Dec 2025 | [Credit rating update — CRISIL](https://www.crisil.com/mnt/winshare/Ratings/RatingList/RatingDocs/BehariLalEngineeringLimited_December%2031_%202025_RR_373525.html) |
| 22 Nov 2024 | [Credit rating update — CRISIL](https://www.crisil.com/mnt/winshare/Ratings/RatingList/RatingDocs/BehariLalEngineeringLimited_November%2022_%202024_RR_356552.html) |
| 30 Oct 2024 | [Credit rating update — CRISIL](https://www.crisil.com/mnt/winshare/Ratings/RatingList/RatingDocs/Behari%20Lal%20Ispat%20Private%20Limited-RU-30-10-2024.pdf) |

### Exchange filings

Latest 12 of 13.

| Date | Document | Category |
| --- | --- | --- |
| 8 Oct 2026 | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9d4c4d32-bd07-412b-acdd-0f42abb9d8d7.pdf) | General announcements |
| 24 Sep 2026 | [Intimation Regarding Change In Corporate Identification Number (CIN) And Listing Status Of The Company In MCA Records](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=1b8e0d47-05bc-4ea3-9527-2663b169bf39.pdf) | General announcements |
| 21 Sep 2026 | [Closure of Trading Window](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=3747210a-ee5d-4a49-b9ec-7b5abf8a1087.pdf) | Intimation |
| 17 Sep 2026 | [Intimation Under Regulation 7 (1) Of The Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements Regulations) 2015 (Listing Regulations)](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=01d26c64-fb7f-4488-a81a-ff99cd97c186.pdf) | General announcements |
| 8 Sep 2026 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=505c15fa-209b-4bc7-b312-cab0e279bf71.pdf) | General announcements |
| 8 Sep 2026 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d9ceeaf7-3464-4312-8cbb-2a2d5286fca8.pdf) | General announcements |
| 7 Sep 2026 | [Board Meeting Outcome for Unaudited Financial Results](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=1376e432-c592-4e21-9b45-33afdaa1ea91.pdf) | Outcome |
| 7 Sep 2026 | [Appointment Of M/S. Reecha Goel And Associates Practicing Company Secretaries (Peer Review No. 7564/2025) As Secretarial Auditor Of The Company To Conduct Secretarial Audit For A Term Of 1 (One) Year I.E. For The Financial Year 2026-27 Subject To Appr](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=2d242b0a-16c9-4a58-b48a-4d7726ec88c6.pdf) | General announcements |
| 2 Sep 2026 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=eda861b6-fb37-477e-9c8d-b6a259cf6fcf.pdf) | General announcements |
| 1 Sep 2026 | [Board Meeting Intimation for Intimation Of Board Meeting Pursuant To The Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations 2015 (SEBI Listing Regulations).](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b455e8b7-dbff-4cf8-aa66-3c3225492cab.pdf) | Intimation |
| 22 Aug 2026 | [Disclosure Under Regulation 30(5) Of The Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations 2015 (SEBI Listing Regulations).](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=023cf79f-8521-4622-99e9-470423e63921.pdf) | General announcements |
| 22 Aug 2026 | [Disclosure Under Regulation 8(2) Of The Securities And Exchange Board Of India (Prohibition Of Insider Trading) Regulation 2015 (SEBI PIT Regulations).](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=cd8344a9-b4e1-4021-b4ce-f17a996ff996.pdf) | General announcements |

## Frequently Asked Questions about Behari Lal Engineering

### What does Behari Lal Engineering Ltd do?

Incorporated in 1995, Behari Lal Engineering Ltd. is an integrated iron and steel manufacturing company specialising in customised engineering solutions.

### Where is Behari Lal Engineering Ltd (BLEL) listed?

Behari Lal Engineering Ltd trades as BLEL on the NSE and under code 544870 on the BSE.

### Which sector does Behari Lal Engineering Ltd belong to?

Behari Lal Engineering Ltd is classified under the Capital Goods sector, in the Industrial Products industry.

### What is the PE ratio of Behari Lal Engineering Ltd?

Behari Lal Engineering Ltd trades at a PE ratio of 31.08 as of 4 Nov 2026, on earnings per share of ₹14.4, against a book value of ₹94.34 per share.

### What is the 52-week high and low of Behari Lal Engineering Ltd?

Over the last 52 weeks Behari Lal Engineering Ltd has traded between ₹415 and ₹548 as of 4 Nov 2026.

### What is the Return on Equity (ROE) of Behari Lal Engineering Ltd?

Behari Lal Engineering Ltd reported a return on equity of 23.60%. Its debt-to-equity ratio is 0.06.

## Company Information

Incorporated in 1995, Behari Lal Engineering Ltd. is an integrated iron and steel manufacturing company specialising in customised engineering solutions.

- **Website:** https://beharilalengineering.com/
- **Listed:** 19 Aug 2026
- **Face Value:** ₹10

---

Negative figures use an ASCII hyphen-minus (-) so they parse as numbers. Amounts are in Indian rupees; "Cr" is crore (10 million). Dates are Indian Standard Time.

Financial statements, shareholding and filings are as reported by the company. Price, volume and 52-week levels are market data. Technical indicators are computed by Tapetide from daily prices. The Tapetide Score is Tapetide’s own analysis. Analyst ratings and forecasts are the published estimates of third-party analysts, not company statements. The AI sections are generated text.

For research and information only, not investment advice. Tapetide is not a SEBI-registered research analyst or investment adviser.

Generated 4 Nov 2026, 10:03 IST.