Bharat Bijlee Limited (BBL) AI Stock Analysis

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Bharat Bijlee Limited

(NSE:BBL)

Select Model

Rating:65Neutral

Price Target:INR 2,782.00▲(2.74% Upside)

Action:reiterated

Date:10/28/26

The score is led by strong technical momentum (price above key moving averages with positive MACD), but is held back by weaker financial quality signals—especially 2026’s negative operating/free cash flow and margin compression. Valuation is moderately demanding (P/E ~26) with only a modest dividend yield, limiting upside appeal versus the cash-flow risk.

Positive Factors

Strong Revenue GrowthBBL has expanded revenue substantially over the cycle, demonstrating that its motors, drives, and automation offerings have gained broader industrial demand. Continued sales growth can support scale, strengthen customer relationships, and provide a durable base for future operating leverage.

Negative Factors

Sharp Margin CompressionThe steep reduction in gross and net margins indicates that higher sales are currently translating into weaker profitability. If this reflects persistent cost pressure or an unfavorable product mix, it could reduce reinvestment capacity and limit earnings growth over the next several quarters.

Bharat Bijlee Limited (BBL) vs. iShares MSCI India ETF (INDA)

Market Cap: INR 30.74B
Dividend Yield: 1.29%
Average Volume (3M): 2,150
Price to Earnings (P/E): 23.7
Beta (1Y): 1.28
Revenue Growth: 26.44%
EPS Growth: -11.83%
Country: India
Employees: 1,197
Sector: General
Sector Strength: 55
Industry: Electrical Equipment & Parts

Bharat Bijlee Limited Business Overview & Revenue Model

Company Description

Bharat Bijlee Limited is a prominent Indian electrical engineering enterprise, whose operations are bifurcated into Power Systems and Industrial Systems. Its extensive product range encompasses diverse transformers, including substation, generator, u...

How the Company Makes Money

BBL primarily makes money by selling products and solutions to industrial and infrastructure customers. Its key revenue streams include: (1) Electric motors: revenue from manufacturing and sale of industrial electric motors (and associated variants/s...

Bharat Bijlee Limited Financial Statement Overview

Summary

Strong multi-year revenue growth and a conservatively levered balance sheet support fundamentals, but 2026 showed sharp margin compression (gross margin down to 13.0%) and a significant deterioration in cash generation (negative operating and free cash flow), which meaningfully raises near-term earnings quality and execution risk.

Income Statement

66Positive

Balance Sheet

78Positive

Cash Flow

45Neutral

Financial statement breakdown
Breakdown	TTM	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022
Income Statement
Total Revenue	23.56B	22.74B	19.02B	18.72B	14.18B	12.66B
Gross Profit	3.62B	2.96B	5.16B	4.89B	1.99B	1.54B
EBITDA	1.74B	1.58B	2.11B	2.13B	1.49B	1.11B
Net Income	1.12B	1.20B	1.34B	1.31B	832.23M	555.79M
Balance Sheet
Total Assets	0	31.12B	26.22B	25.05B	20.52B	16.60B
Cash, Cash Equivalents and Short-Term Investments	2.64B	2.69B	4.34B	1.72B	466.52M	393.31M
Total Debt	0	3.07B	869.40M	1.58B	2.95B	2.87B
Total Liabilities	-20.29B	10.83B	6.81B	6.40B	6.74B	5.36B
Stockholders Equity	20.29B	20.29B	19.41B	18.65B	13.78B	11.23B
Cash Flow
Free Cash Flow	-809.30M	-1.80B	1.40B	2.07B	358.83M	-257.83M
Operating Cash Flow	-374.50M	-666.60M	1.75B	2.41B	516.91M	-93.22M
Investing Cash Flow	-148.70M	-1.25B	-544.00M	-520.54M	-98.35M	-136.88M
Financing Cash Flow	592.30M	1.79B	-1.23B	-1.82B	-312.06M	174.87M

Bharat Bijlee Limited Technical Analysis

Technical Analysis SentimentPositive

Last Price2707.85

Price Trends

50DMA2300.96Positive

100DMA2426.84Positive

200DMA2497.56Positive

Market Momentum

MACD91.33Negative

RSI66.75Neutral

STOCH79.17Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:BBL, the sentiment is Positive. The current price of 2707.85 is above the 20-day moving average (MA) of 2449.02, above the 50-day MA of 2300.96, and above the 200-day MA of 2497.56, indicating a bullish trend. The MACD of 91.33 indicates Negative momentum. The RSI at 66.75 is Neutral, neither overbought nor oversold. The STOCH value of 79.17 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:BBL.

Bharat Bijlee Limited Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

IN:BBL against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
IN:TARIL	83Outperform	INR 93.02B	30.97	―	0.08%	27.23%	21.70%
IN:POWERINDIA	82Outperform	INR 1.25T	112.75	―	0.03%	40.17%	123.39%
IN:ABB	77Outperform	INR 1.47T	49.38	―	0.56%	7.92%	66.43%
IN:VOLTAMP	76Outperform	INR 99.66B	30.64	―	1.02%	17.84%	-2.60%
IN:CGPOWER	70Outperform	INR 1.26T	94.12	―	0.16%	23.76%	25.93%
IN:BBL	65Neutral	INR 30.54B	23.71	―	1.29%	26.44%	-11.83%
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%

* General Sector Average

Performance Comparison

IN:BBL and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
IN:BBL	Bharat Bijlee Limited	2707.85	-192.42	-6.63%
IN:ABB	ABB India Limited	6955.00	2122.09	43.91%
IN:CGPOWER	CG Power & Industrial Solutions Ltd	821.00	77.44	10.42%
IN:POWERINDIA	Hitachi Energy India Limited	29125.70	7711.46	36.01%
IN:TARIL	Transformers and Rectifiers (India) Limited	316.55	27.46	9.50%
IN:VOLTAMP	Voltamp Transformers Limited	9797.85	1586.40	19.32%

Glossary

BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.

Date of analysis: Oct 28, 2026

Bharat Bijlee Limited AI Stock Analysis