BLEL · NSE

Behari Lal Engineering Limited

₹440.4

+0.99% (+₹4.3)

Prev. close

₹436.1

Volume

3,70,777

Delivery %

44.6%

As of

18 Sept 2026

Price history

Neutral

Shivani Nyati · Swastika Investmart Ltd. · 19 Aug 2026

Suggests investors who received allotment of Behari Lal Engineering shares could book partial profits amid the listing-day strength. However, those with a longer-term view are advised to hold the stock with a stop-loss of ₹380, citing its reasonable valuation at 18.7x FY26 P/E at the IPO price, well below peers.

Entry ₹519.4 (first trade after call)Stop ₹380 (-26.8%)

Published mid-session at 14:41 IST. Tracking counts only prices printed after publication — the chart's dashed divider marks that moment; earlier prices never count toward entry or results.

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Shivani Nyati's call · 19 Aug 2026

Analyst sentiment

Analysts are split

1 analyst stance · last 90 days · one per analyst

Trackable

1 · 0 bull / 1 neutral / 0 bear

Long-Horizon

none in window

Commentary

none in window

Trackable = verdict-bearing calls · Long-Horizon = 1yr+ horizon, verdict pending · Commentary = context, not graded

Bullish 0% (0)Neutral 100% (1)Bearish 0% (0)
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Analyst opinions

CallAnalystInstrumentVerdictActions
Suggests investors who received allotment of Behari Lal Engineering shares could book partial profits amid the listing-d…Shivani NyatiSwastika Investmart Ltd.Behari Lal EngineeringPENDING
Suggests investors who received allotment of Behari Lal Engineering shares could book partial profits amid the listing-day strength. However, those with a longer-term view are advised to hold the stock with a stop-loss of ₹380, citing its reasonable valuation at 18.7x FY26 P/E at the IPO price, well below peers.

This call hasn't reached its evaluation window yet — the verdict will appear here once it's graded.

Fundamentals

About Behari Lal Engineering Limited

Behari Lal Engineering Limited engages in the manufacturing and trading of iron and steel products in India. The company manufactures metal rolls for rolling mills across various grades including alloy cast steel rolls, alloy steel base adamite rolls, graphitic steel rolls, S. G. Iron Pearlitic Rolls, S. G. Iron Bainitic/Accicular Rolls, alloyed indefinite chill rolls, and forged rolls used in rolling processes to produce finished steel products such as TMT rebar and structural steel. It also offers engineering castings in various grades for industries including steel, iron, mining and aggregate crushers, power, and sugar; carbon, alloy steel, tool steel, valve steel, and stainless steel bars in various sections such as rounds, round corner square, flats and hex, with different sizes; forging ingots and forged shafts/ blocks for application in industries, such as automotive, aerospace, oil & gas, energy, and heavy engineering. The company caters to industries such as automobile, steel, mining, infrastructure and construction, power, aerospace and defence, and cement. It sells its products in India, Afghanistan, Brazil, Finland, France, Germany, Ireland, Mexico, Nepal, Nigeria, South Africa, Tanzania, Togo, Uganda, UAE, and the USA. Behari Lal Engineering Limited was incorporated in 1995 and is based in Delhi, India.

Details

Sector

Basic Materials

Industry

Steel

CEO

Mr. Bhuvnesh Garg

Headquarters

Delhi

Key stats

P/E ratio (TTM)

28.9

EPS (TTM)

₹15.26

Shares float

30.11 L

Financial Performance

01 · Financials

0 Cr200 Cr400 Cr600 Cr-10%0%10%20%FY23FY24FY25FY26
RevenueNet incomeEBITDARevenue growth YoY

FY23 growth needs FY22 filings, which the data source doesn't provide.

02 · Earnings Per Share (EPS)

051015FY23FY24FY25

04 · Operating Efficiency (Growth Rates)

Balance-sheet-based · pre-FY23 not filed in verifiable form

-20%0%20%40%FY24FY25FY26
SalesFixed assetsTrade receivablesInventory

05 · Capital Structure & Asset Utilization

Pre-FY23 not filed in verifiable form

0 Cr100 Cr200 Cr300 Cr400 Cr0.5×1.5×FY23FY24FY25FY26
Total assetsTotal debtDebt / equityAsset turnover

Asset turnover needs a prior year of assets — omitted for the earliest available year.

06 · Asset Base Composition

Pre-FY23 not filed in verifiable form

0 Cr100 Cr200 Cr300 Cr400 CrFY23FY24FY25FY26
Fixed assetsCurrent assetsOther assets

07 · Debt Level & Coverage

Pre-FY23 not filed in verifiable form

-50 Cr0 Cr50 Cr100 CrFY23FY24FY25FY26
DebtFree cash flowCash & equivalents

08 · Profit & Loss

Annual

Line itemFY23FY24FY25FY26
₹455.26 Cr₹429.59 Cr₹492.58 Cr₹516.70 Cr
EBITDA₹49.16 Cr₹60.79 Cr₹81.81 Cr₹101.31 Cr
₹28.80 Cr₹35.79 Cr₹52.95 Cr₹64.64 Cr
Diluted EPS₹6.81₹8.46₹12.52

Diluted EPS has filed figures for only some of the years shown — no further verified source covers the rest, so those years are left blank rather than estimated.

09 · Balance Sheet

Annual

Line itemFY23FY24FY25FY26
₹203.25 Cr₹262.08 Cr₹295.98 Cr₹367.87 Cr
₹58.14 Cr₹35.52 Cr₹7.58 Cr₹17.78 Cr
Stockholders' equity₹119.59 Cr₹193.94 Cr₹241.62 Cr₹306.10 Cr

Annual only — the data source doesn’t publish quarterly balance-sheet detail for most NSE-listed companies.

10 · Cash Flow Statement

Annual

Line itemFY23FY24FY25FY26
₹13.38 Cr₹37.14 Cr₹61.89 Cr₹27.54 Cr
Investing cash flow₹-21.27 Cr₹-52.38 Cr₹-19.68 Cr₹-37.57 Cr
Financing cash flow₹9.32 Cr₹13.77 Cr₹-40.22 Cr₹8.71 Cr
Capital expenditure₹-21.67 Cr₹-15.38 Cr₹-29.67 Cr₹-26.65 Cr
End cash position₹1.94 Cr₹47.10 L₹2.46 Cr₹1.14 Cr

Annual only — the data source has no quarterly cash-flow-statement coverage.

11 · Shareholding Pattern

NSE, quarterly

Line itemAug 26
Promoter70.84%
Public29.16%
Employee trusts0.00%

Source: NSE quarterly shareholding-pattern filings, collapsed to periods where the reported percentages held steady — a column spanning several quarters means no change was filed across them. No FII/DII sub-split available from this source — Public includes all non-promoter, non-employee-trust holders.

12 · Peer Comparison

Basic Materials

Company
UltraTech Cement Limited₹3.17 L Cr₹11,01436.94.1310.7%0.31+16.6%-12.8%
JSW Steel Limited₹3.06 L Cr₹1,275.612.43.0622.3%1.19+9.3%+13.8%
Hindustan Zinc Limited₹2.42 L Cr₹59614.210.6961.1%0.39+18.6%+31.0%
Asian Paints Limited₹2.35 L Cr₹2,451.349.311.0120.2%0.18+5.1%-1.1%
Tata Steel Limited₹2.28 L Cr₹187.2920.72.2310.6%0.90+6.2%+9.3%
Hindalco Industries Limited₹2.18 L Cr₹986.513.31.599.8%0.73+15.0%+31.5%
Grasim Industries Limited₹2.15 L Cr₹3,209.237.92.084.8%2.20+18.2%+11.5%
Solar Industries India Limited₹1.71 L Cr₹18,81586.127.2526.7%0.29+30.6%+27.0%
Vedanta Aluminium Metal Limited₹1.60 L Cr₹416.542.1
Pidilite Industries Limited₹1.58 L Cr₹1,572.159.814.5822.6%0.04+11.1%-48.5%
JINDAL STEEL LIMITED₹1.11 L Cr₹1,10341.12.196.6%0.44+5.5%+4.7%
Behari Lal Engineering Limited₹436.128.721.1%0.06+4.9%

Ranked by market cap within Basic Materials, same metrics as the Fundamentals screener. Click a column to sort.

Documents

Official documents linked from their sources — offer documents as filed with SEBI (sebi.gov.in), annual reports and earnings-call transcripts as published on BSE (bseindia.com) and NSE (nseindia.com). Links open the source's own hosting; nothing is re-hosted here.

Index membership

2 indices

NSE weights are a free-float market-cap-share estimate, not NSE’s own published (and sometimes capped) index weight. BSE weights are BSE’s own published index weight, not an estimate. Indices without weight data are listed without one, in alphabetical order after the weighted ones.

BLEL

Behari Lal Engineering Board Clears Q1 FY27 Results, Appoints Secretarial Auditor

TipRanks · 12 days ago

BLEL

Sebi Approves IPOs for Monomark Engineering & RKB Global

India's capital markets regulator, Sebi, has approved the initial public offerings (IPOs) for Monomark Engineering and RKB Global. Monomark Engineering's IPO is a fresh issue of 2.70 crore equity shares, while RKB Global's includes a fresh issue and an offer-for-sale. Funds will support working capital, corporate purposes, and RKB Global's expansion and debt.