Bharat Bijlee LimitedQ1 FY27 Results & Financial Update
Bharat Bijlee Limited: Q1 FY27 standalone results and company financials – revenue ₹547.17 Cr, PAT ₹19.63 Cr. Explore reported YoY/QoQ movements, margins, business drivers and management commentary. This page does not provide a rating, target price or investment recommendation.
Quarter at a glanceCurrent reported figures.Change figures appear when a comparable reported period is available.
Find an answer
Ask this result
Chart · Market context
Bharat Bijlee price & chart
Market price₹2,585.80
1Y return—Price return
Loading market chart…
TradingView Lightweight Charts™ · Copyright © 2025 TradingView, Inc.TradingView
Market chartPrice chart temporarily unavailableThe price chart could not be loaded right now. The reported financial results remain available above.
Spotted a factual error?Tell us the number, date or statement and we will re-check the underlying records and calculations.Report an error
Quarterly Results AnalysisExplore Bharat Bijlee Q1 FY27 quarterly results and earnings: revenue, profit (PAT), EBITDA, margins, YoY and QoQ growth, order book or business updates where reported, financial performance and management commentary. Reported figures and Nivata calculations are shown separately; no buy, sell or hold recommendation is provided.
Quarter overview
Quarterly earnings analysis
Bharat Bijlee Limited reported revenue from operations of INR 547.17 crore for the quarter ended June 30, 2026. Total income for the period stood at INR 558.06 crore, bolstered by INR 10.89 crore in other income.
Profit before tax (PBT) for Q1 FY27 was recorded at INR 26.09 crore, after accounting for total expenses of INR 531.97 crore. Total tax expense for the quarter amounted to INR 6.46 crore, comprising INR 6.23 crore in current tax and INR 0.23 crore in net deferred tax charge.
Net profit (Profit for the period/year) settled at INR 19.63 crore, resulting in basic and diluted earnings per share (EPS) of INR 17.37 for the unannualised period.
The company experienced notable inventory movements during the quarter, with a negative change in inventories of finished goods, stock-in-trade, and work-in-progress totaling INR (135.81) crore, contrasted against material consumption of INR 545.15 crore.
Finance costs for the quarter were registered at INR 7.80 crore, while depreciation and amortisation expenses stood at INR 5.82 crore. Employee benefits expense accounted for INR 60.99 crore and other expenses stood at INR 42.38 crore.
Total comprehensive income for the quarter reached INR 359.28 crore, significantly higher than net profit due to a large positive other comprehensive income (OCI) component of INR 339.65 crore, primarily driven by fair value gains on equity instruments through OCI amounting to INR 395.62 crore alongside related tax impacts.
Segment performance demonstrated diverging trends between the Power Systems and Industrial Systems divisions, reflecting distinct demand cycles and execution phases within the company's core product portfolios.
01 · Business model
What does Bharat Bijlee do?
Bharat Bijlee Limited is an established Indian electrical engineering company headquartered in Mumbai, operating in the power and industrial systems sectors. The company manufactures heavy electrical equipment including transformers, electric motors, and specialized drives and automation systems.
The business is structured around two primary operating segments: Power Systems, which encompasses power and distribution transformers, turnkey projects for electrical substations, and maintenance products; and Industrial Systems, which includes electric motors, drives and automation systems, and magnet technology machines.
The company serves diverse industrial and infrastructure clients across India, supporting power generation, transmission, distribution, and manufacturing sectors through custom-engineered electrical solutions.
Bharat Bijlee operates its manufacturing and corporate activities on a standalone basis, maintaining no subsidiaries, associates, or joint venture entities as of the reporting date.
02 · Financial snapshot
Current-quarter financial snapshot
| Metric | Q1 FY27 |
|---|---|
| Revenue from operations | ₹547.17 Cr |
| Total income | ₹558.06 Cr |
| Profit before tax | ₹26.09 Cr |
| Profit after tax | ₹19.63 Cr |
| EPS | ₹17.37 |
Financial interpretation
What the reported numbers mean
Profit after tax represented 3.6% of reported quarterly operating revenue. This is a calculated net-profit-to-sales ratio, not a company-reported operating margin. It measures the outcome after expenses and tax; it does not, by itself, establish how margins changed versus another period.
Profit before tax was equivalent to 4.8% of quarterly operating revenue. The distinction between pre-tax and post-tax profit matters when interpreting earnings; neither ratio identifies an underlying cost driver without a properly matched comparative period.
Total income exceeded operating revenue by ₹10.89 crore. This is the disclosed difference between the two lines, not incremental sales. The distinction matters when assessing how much of the quarter’s reported income came from the operating top line.
Ratios above are calculated from the reported quarterly figures. They are analytical descriptions, not company-reported margin guidance or an investment recommendation.
03 · Why it moved
Why the quarter looked the way it did
What drove revenue
The Power Systems segment, comprising transformers, turnkey substation projects, and maintenance products, generated revenue of INR 274.16 crore during the quarter ended June 30, 2026.
The Industrial Systems segment, covering electric motors, drives and automation systems, and magnet technology machines, contributed revenue of INR 273.01 crore for Q1 FY27.
Non-operating sources added INR 10.89 crore to the company's total income of INR 558.06 crore for the quarter.
What drove margins
Cost of materials consumed stood at INR 545.15 crore, accompanied by purchases of stock-in-trade of INR 5.64 crore and a negative inventory adjustment of INR (135.81) crore for finished goods, stock-in-trade, and work-in-progress.
Employee benefits expense was recorded at INR 60.99 crore, while other operating expenses accounted for INR 42.38 crore.
Finance costs were reported at INR 7.80 crore for the quarter, and depreciation and amortisation expenses stood at INR 5.82 crore.
04 · Segments, products & geography
Which parts of the business are doing the work
Segments and products
The Power Systems segment registered a profit before finance costs, unallocable expenses, and tax of INR 16.86 crore on segment assets of INR 846.51 crore and segment liabilities of INR 524.65 crore.
The Industrial Systems segment delivered a profit before finance costs, unallocable expenses, and tax of INR 29.34 crore on segment assets of INR 470.60 crore and segment liabilities of INR 140.56 crore.
05 · Reported developments
What changed operationally
The Industrial Systems division posted a stronger segment result of INR 29.34 crore compared to Power Systems' INR 16.86 crore, highlighting robust operational performance in motors, drives, and magnet technology.
06 · Beyond the numbers
What changed beyond the numbers
Reported update
Senior Management Re-designations
The Board approved the appointment and re-designation of Mr. Khushru M. Vakharia as Vice President - Magnet Technology Machines Division effective September 01, 2026, succeeding Mr. R. Rajaraman who retires on August 31, 2026. Additionally, Mr. Ashwinikumar V. Sathe was re-designated as Vice President - Projects Division effective August 05, 2026.
07 · Key Q&A
The quarter, answered directly
What does Bharat Bijlee do?
Bharat Bijlee Limited is an established Indian electrical engineering company headquartered in Mumbai, operating in the power and industrial systems sectors. The company manufactures heavy electrical equipment including transformers, electric motors, and specialized drives and automation systems.
What is the clearest takeaway from Q1 FY27?
Bharat Bijlee Limited reported revenue from operations of INR 547.17 crore for the quarter ended June 30, 2026. Total income for the period stood at INR 558.06 crore, bolstered by INR 10.89 crore in other income.
What drove revenue or demand?
The Power Systems segment, comprising transformers, turnkey substation projects, and maintenance products, generated revenue of INR 274.16 crore during the quarter ended June 30, 2026.
What mattered most for margins or profitability?
Cost of materials consumed stood at INR 545.15 crore, accompanied by purchases of stock-in-trade of INR 5.64 crore and a negative inventory adjustment of INR (135.81) crore for finished goods, stock-in-trade, and work-in-progress.
What changed operationally beyond the headline numbers?
The Board approved the appointment and re-designation of Mr. Khushru M. Vakharia as Vice President - Magnet Technology Machines Division effective September 01, 2026, succeeding Mr. R. Rajaraman who retires on August 31, 2026. Additionally, Mr. Ashwinikumar V. Sathe was re-designated as Vice President - Projects Division effective August 05, 2026.
What should the next disclosure help confirm?
Monitor the relative earnings contribution from Power Systems versus Industrial Systems in subsequent quarters.
08 · Scenario calculator
Earnings sensitivity: what if growth and margins change?
Starting point
Build your own next-quarter scenario
Reported values are prefilled where a comparable basis is available. Otherwise, the field starts at 0. You can overwrite every field.
Example: enter 10 for 10% revenue growth. Enter -100 for a 1 percentage-point margin decline.
Scenario output
Scenario revenue / income₹0 cr
Scenario profit after tax₹0 cr
Profit change vs base₹0 cr (0%)
Scenario margin0%
Growth needed to keep profit flat after this margin move0%
The calculator holds the selected margin basis constant except for the basis-point adjustment you enter. It does not estimate tax, finance cost, dilution, working capital, valuation or share price.
09 · Next filing checkpoints
What the next disclosure can confirm or change
- 01
Segment Profitability Trajectory: Monitor the relative earnings contribution from Power Systems versus Industrial Systems in subsequent quarters.
- 02
Executive Transition Execution: Observe operational continuity within the Magnet Technology Machines Division and Projects Division following senior management leadership changes taking effect in August and September 2026.
Learn the metrics
Need the concepts first?
Use Nivata’s plain-English guides to understand the accounting terms used in this brief before interpreting them.