BLEL share price, P/E, ROE & financials

On 6 Nov 2026, Behari Lal Engineering was priced at ₹453.55, or 28.0× trailing earnings, against an industry P/E of 19.9×, and the shares are 17% below their 52-week high. Sales and net profit grew 4.3% and 31% a year over 3 years; its ROCE of 28% is the highest among the 7 largest Steel peers. It carries very little debt. It is a small-cap company with a market cap of ₹1,919 Cr, ranked 46th of 150 Steel companies by market cap; the shares fell 9.7% over the past year.

As of 6 Nov 2026Prices are delayed about 15 minutes; fundamentals are from the quarter ended Jun 2026.How we calculate this

past year

Open: ₹458.05
Day high: ₹458.05
Day low: ₹444.55
Prev. close: ₹458.05
Volume: 1.3 L

Health check

4 good · 2 to check

ReturnsBehind
−9.7% over a year, better than 0 of 7 peers.
Price tagPricier
P/E 28.0 vs industry 19.9.
GrowthStrong
Sales +4.3%, profit +30.9% a year over 3 years.
ProfitabilityStrong
ROCE 28.5% vs peer median 18.7%.
Balance sheetSolid
Debt 0.06× equity, interest covered 59.9×, Piotroski 6 of 9.
Red flagsNone found
No warning signs in the headline numbers.

Compared with 7 industry peers. Computed from reported figures. Educational, not a recommendation.

Steel

149 listed peers. Screen the industry

Small cap

₹1,919 Cr, #46 of 150 in its industry by size.

Market sensitivity

Measuring against the NIFTY 50…

Key metrics

Last 12 months to Jun 2026: sales ₹557 Cr · profit ₹68 Cr

Market cap: ₹1,919 Cr; Small cap
P/E: 28.0; Industry 19.9
Price to book: 5.78; Peers 2.28
Dividend yield: 0.00%
ROE: 23.6%; Peers 23.4%
ROCE: 28.5%; Peers 18.7%
Debt to equity: 0.06; Debt ₹18 Cr
EPS (TTM): ₹16.17; Face value ₹10
OPM (TTM): 15.8%; Net margin 12.3%
Sales growth: +18.0%; Latest quarter vs a year ago
Profit growth: +24.5%; Latest quarter vs a year ago
Price to sales: 3.44; EV/EBITDA 19.0

Strengths

Return on equity of 23.6%.
Return on capital employed of 28.5%.
Practically debt-free.
Quarterly profit up 24.5% on a year ago.
Quarterly sales up 18.0% on a year ago.

No obvious red flags in the headline numbers.

Derived automatically from reported figures. Not a recommendation.

About Behari Lal Engineering

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…

Headquarters: Delhi
Sector: Basic Materials
ISIN: INE1EEM01017
Website: beharilalengineering.com

Price range

52 weeks

₹415.00₹548.00

Today

₹444.55₹458.05

Avg volume (3M): 25.8 L
1-year return: minus 9.7%
From 52-week high: minus 17.2%

Peers · Steel

Capital-heavy industry columns

Compare with peers Screen the whole industry

Company
JSWSTEELJSW Steel	1,357.10	plus 0.11%	3,31,265	11.7	12.2	18.7%	17.7%	0.62	3.6%	plus 14.7%
TATASTEELTata Steel	186.30	plus 2.36%	2,32,397	21.1	9.1	11.3%	15.2%	0.89	−1.6%	plus 1.5%
JINDALSTELJindal Steel	1,165.00	plus 1.31%	1,18,594	41.5	14.9	7.5%	15.9%	0.42	−13.1%	plus 6.4%
LLOYDSMELloyds Metals And Energy	1,785.50	minus 1.38%	1,00,482	19.1	18.8	19.4%	37.4%	1.23	71.3%	plus 37.4%
SAILSteel Authority of India	171.60	minus 0.41%	70,880	12.6	8.1	7.2%	12.9%	0.50	2.0%	plus 24.7%
NMDCNMDC	70.40	minus 0.01%	61,894	8.3	6.2	28.4%	30.0%	0.19	22.0%	minus 5.2%
APLAPOLLOAPL Apollo Tubes	2,185.30	minus 0.41%	60,677	46.3	32.7	28.0%	8.2%	0.17	12.6%	plus 23.3%
BLELBehari Lal Engineering	453.55	minus 0.98%	1,919	28.0	19.9	28.5%	15.8%	0.06	4.3%	minus 9.7%
Median of 7 peers	–	−0.01%	1,00,482	19.1	12.2	18.7%	15.9%	0.50	3.6%	14.7%

Quarterly results

Consolidated, ₹ crore

SalesSelect a row below to chart it

₹ Cr	Jun 25	Jun 26
	128	152
	105	124
	23.8	27.6
	18.5%	18.2%
	0.3	2.2
	0.3	0.4
	2.8	3.5
	20.9	25.8
	26.4%	25.5%
	15.4	19.2
	3.65	4.54

Sep 25, Dec 25, Mar 26 not reported by the data source.

Profit & loss

Yearly, ₹ crore

Sales CAGR 3Y: +4.3%
Profit CAGR 3Y: +30.9%
EPS CAGR 3Y: +30.9%
ROE: 23.6%

Net profitSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
455	430	493	517
–	minus 5.6%	+14.7%	+4.9%
407	370	416	420
48.6	59.6	76.9	96.9
10.7%	13.9%	15.6%	18.7%
0.3	1	4.4	4.7
3.2	2.1	1.9	1.5
7.7	8.8	10.6	13.3
0.2	0.1	0.5	−0.2
38.2	49.9	69.4	86.6
24.7%	28.3%	23.7%	25.3%
28.8	35.8	53	64.6
–	+24.3%	+47.9%	+22.1%
6.81	8.46	12.52	15.28

Forecast

Your assumptions, not a prediction

Balance sheet

At each financial year end, ₹ crore

Total assetsSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
4	4.9	7.8	39
116	189	234	267
58.1	35.5	7.6	17.8
25.5	32.6	46.8	44
203	262	296	368
65.6	71.1	90.2	101
5.7	4.1	7.7	6
2.9	10	5.6	–
1.9	18.7	17.5	11.1
127	158	175	249
203	262	296	368

Cash flow

Yearly, ₹ crore

Cash from operationsSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
13.4	37.1	61.9	27.5
−21.3	−52.4	−19.7	−37.6
9.3	13.8	−40.2	8.7
1.4	−1.5	2	−1.3
−21.7	−15.4	−29.7	−26.6
−8.3	21.8	32.2	0.9

Shareholding pattern

Source: NSE filings

70.8%

promoters

Promoters70.84%
Public29.16%
As of 30 Sep 2026

Quarter	Split	Promoters	Public	Promoter change
30 Sep 2026		70.84%	29.16%	0.00
18 Aug 2026		70.84%	29.16%	–

Major shareholders

NSE filing

Filings & events

News

No recent news coverage found.

My notes

Private to you