Behari Lal Engineering Peer Comparison

NSE: BLEL | BSE: 544870

₹505.05

₹10.10 (2.04%)

As on 16-Oct-2026IST

Market cap

₹2,136 Cr

Revenue (TTM)

₹534 Cr

P/E Ratio

33

P/B Ratio

5.1

Div. Yield

0 %

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	Behari Lal Engineering	Happy Forgings	Balu Forge	Investment & Prec	Nelcast
Market cap (₹ Cr)	2,136	17,584	5,832	1,539	1,184
Revenue (₹ Cr)	534	1,642	1,175	197	1,338
Net Profit (₹ Cr)	64.64	327.40	267.96	14.58	41.07
Net Margin (%)	11.83	19.56	22.15	7.36	3.04
RoE (%)	23.60	16.02	18.85	15.04	7.07
Price to Earnings	33.05	53.71	21.76	105.57	28.82
Price-To-Book	5.11	7.95	3.51	14.30	1.97

Income Statement
Liabilities
Assets
Cashflow
Ratios

Income Statement (₹ Cr)

	Behari Lal Engineering	Happy Forgings	Balu Forge	Investment & Prec	Nelcast
Operating Revenue	534.03	1,546.34	1,107.37	188.45	1,328.40
Total Income	546.52	1,577.15	1,142.49	189.68	1,342.37
Total Expenditure	444.82	1,075.65	810.03	157.42	1,217.91
EBITDA	89.20	470.69	297.34	31.03	110.50
Depreciation	13.25	89.04	9.96	8.52	27.00
EBIT	75.95	381.65	287.38	22.51	83.50
Interest	1.86	10.47	16.45	6.31	32.53
Other Income	12.49	30.81	35.12	1.24	13.97
Exceptional Items	--	--	--	-0.53	--
Profit before Tax	86.58	401.98	306.05	16.91	64.94
Provision for Tax	21.95	100.35	47.16	5.14	16.50
Profit after Tax	64.64	301.63	258.89	11.76	48.43

Liabilities (₹ Cr)

	Behari Lal Engineering	Happy Forgings	Balu Forge	Investment & Prec	Nelcast
Shareholder's Funds	306.10	2,128.13	1,594.52	102.61	596.64
Minority Interest	--	--	--	--	2.71
Non-Current Liabilities	3.04	48.99	30.10	26.99	87.96
Current Liabilities	58.73	455.69	224.09	86.97	511.39
Total Liabilities	367.87	2,632.81	1,850.78	216.57	1,198.70

Assets (₹ Cr)

	Behari Lal Engineering	Happy Forgings	Balu Forge	Investment & Prec	Nelcast
Non-Current Assets	116.69	1,561.71	1,054.87	112.35	530.71
Current Assets	251.18	1,071.10	793.84	104.22	667.99
Total Assets	367.87	2,632.81	1,850.78	216.57	1,198.70
Total Debt*	17.78	329.62	126.72	70.10	257.19
Net Current Assets	192.45	615.41	569.75	17.25	156.60
Contingent Liabilities	3.56	28.49	--	0.12	1.80

Cashflow (₹ Cr)

	Behari Lal Engineering	Happy Forgings	Balu Forge	Investment & Prec	Nelcast
Cash From Operating Activities	27.54	444.67	31.70	25.78	91.58
Cash Flow from Investing Activities	-37.57	-496.83	-353.96	-23.64	-10.91
Cash from Financing Activities	8.71	64.93	314.84	-0.16	-76.18
Net Cash Inflow / Outflow	-1.32	12.77	-7.42	1.98	4.49

Ratios

Profitability Ratios

	Behari Lal Engineering	Happy Forgings	Balu Forge	Investment & Prec	Nelcast
ROCE (%)	30.87	18.19	22.95	14.14	11.46
ROE (%)	23.60	15.23	20.24	12.13	8.43
ROA (%)	19.47	12.44	16.71	5.72	4.10
EBIT Margin (%)	19.04	32.43	30.02	17.12	9.37
Net Margin (%)	11.83	19.12	22.66	6.20	3.61
Cash Profit Margin (%)	14.59	25.10	24.28	10.76	5.68

Growth Ratios

	Behari Lal Engineering	Happy Forgings	Balu Forge	Investment & Prec	Nelcast
Revenue Growth (%)	5.14	9.76	19.89	14.16	6.13
EBIT Growth (%)	24.93	12.91	23.94	38.13	17.84
Net Profit Growth (%)	22.07	12.79	27.00	94.17	29.88
EPS Growth (%)	22.07	12.66	15.88	94.17	29.35
Book Value Growth (%)	26.69	15.29	65.50	12.43	7.91

Valuation Ratios

	Behari Lal Engineering	Happy Forgings	Balu Forge	Investment & Prec	Nelcast
Price / Earnings	0.00	36.22	18.11	42.76	20.68
Price / Book Value	0.00	5.15	2.94	4.90	1.67
Dividend Yield (%)	--	0.35	0.04	0.20	0.61
EV/EBITDA	0.14	22.34	14.22	17.64	9.38
Market Cap (₹ Cr)	0.00	10,924.40	4,688.81	502.91	994.84

Solvency Ratios

	Behari Lal Engineering	Happy Forgings	Balu Forge	Investment & Prec	Nelcast
Debt to Equity	0.06	0.16	0.08	0.68	0.43
Short term debt to equity ratio	0.06	0.15	0.07	0.47	0.32
Current Ratio	4.28	2.35	3.54	1.20	1.31
Quick Ratio	2.94	1.84	2.89	0.60	0.93
Interest Coverage	47.58	39.38	19.60	3.68	3.00

Operating Efficiency Ratios

	Behari Lal Engineering	Happy Forgings	Balu Forge	Investment & Prec	Nelcast
Debtors to sales (%)	17.93	25.53	38.39	20.86	26.81
Asset Turnover	1.61	0.64	0.71	0.92	1.12
Receivable days	59.52	96.31	123.99	78.34	95.62
Inventory Days	63.39	54.55	40.11	97.25	50.98
Payable days	28.96	30.27	46.57	198.36	161.66
Cash Conversion Cycle	93.94	120.58	117.53	-22.77	-15.06

Annual
Quarterly