You are here » Home » Companies » Company Overview » Bharat Bijlee Ltd

Bharat Bijlee Ltd.

BSE: 503960 Sector: Engineering
NSE: BBL ISIN Code: INE464A01028
BSE LIVE 15:40 | 02 Dec 762.25 -20.70
(-2.64%)
OPEN

779.10

HIGH

789.00

LOW

757.00

NSE LIVE 15:56 | 02 Dec 766.95 -18.70
(-2.38%)
OPEN

777.00

HIGH

794.70

LOW

764.05

OPEN 779.10
PREVIOUS CLOSE 782.95
VOLUME 2682
52-Week high 1109.75
52-Week low 657.25
P/E 26.25
Mkt Cap.(Rs cr) 430.67
Buy Price 762.25
Buy Qty 8.00
Sell Price 0.00
Sell Qty 0.00
OPEN 779.10
CLOSE 782.95
VOLUME 2682
52-Week high 1109.75
52-Week low 657.25
P/E 26.25
Mkt Cap.(Rs cr) 430.67
Buy Price 762.25
Buy Qty 8.00
Sell Price 0.00
Sell Qty 0.00

Bharat Bijlee Ltd. (BBL) - Company History

Bharat Bijlee Ltd is one of the leaders in the electrical engineering industry in India. The company operates in one segment, namely Industrial Products, comprising of power and distribution transformers, a wide range of standard and customised Low-Tension motors, and variable speed drives. They also trade anti-corrosive products and submersible pumps. They are having their manufacturing facilities at Navi Mumbai in Maharashtra. Bharat Bijlee Ltd was established in the year 1946. The company is a pioneer in the manufacture of electric motors at a time when most electrical equipment was imported and the company began to manufacture transformers in the year 1954. In the year 1958, the company made a technical collaboration and distribution agreement with Siemens AG for motors and transformers. In the year 1966, Kalwe plant was commissioned for manufacturing the motors and transformers which has modern special purpose automatic machinery and sophisticated meteorological test field and quality control equipment. In the year 1972, the company diversified into the manufacture and installation of Olympus elevators. In the year 1980, the company entered into the direct marketing of transformers which was earlier done by Siemens. The company's own sales and servicing infrastructure dealt directly with utilities and industrial buyers of transformers while their motors were distributed by Cable Corporation of India. In the year 1990, the company's sales and service network also took over the direct marketing of motors and pumps. Thus, their products are marketed and serviced through their nation wide network of registered and branch offices. In the year 1986, the company made a ten year collaboration with Schindler, Switzerland gave Bharat Bijlee ongoing access to state of the art technology in vertical transportation. The elevator field operations business of the company was transfered to Olympus Elevator Pvt Ltd, a subsidiary of Kone Elevators (India) Pvt Ltd with effect from December 23, 2004. During the year 2004-05, the new state of the art transformer plant was commissioned, making available an additional annual production capacity of 2000 MVA. The company manufactured 2 Nos of 100 MVA, 220 KV power transformers for Karnataka Power Transmission Corp Ltd in the new transformer plant during the year 2004-05. The company inaugurated PWRLEX, the new Transformer Plant on March 22, 2006. This increased the company's manufacturing capacity to 8000 MVA. During the year 2007-08, the company made a technology transfer Agreement with Permanent Magnets SA, Spain, for manufacturing and marketing of gearless machines for elevators. The company has also entered into an exclusive distributorship and service agreement with KEB of Germany to market and service the KEB range of AC Variable Speed Drives. In November 2007, the company was recognised with the award 'Best Under a Billion', as one of a select list of 200 small and mid-sized companies in Asia by Forbes Asia. The company was also awarded a Certificate of Appreciation for best stall in their category at ELECRAMA 2008. The cpacity expansion of the transformer plant is in progress and the full capacity of 11000 MVA is expected to available for production during the financial year 2008-09.

Upgrade To Premium Services

Welcome User

Business Standard is happy to inform you of the launch of "Business Standard Premium Services"

As a premium subscriber you get an across device unfettered access to a range of services which include:

  • Access Exclusive content - articles, features & opinion pieces
  • Weekly Industry/Genre specific newsletters - Choose multiple industries/genres
  • Access to 17 plus years of content archives
  • Set Stock price alerts for your portfolio and watch list and get them delivered to your e-mail box
  • End of day news alerts on 5 companies (via email)
  • NEW: Get seamless access to WSJ.com at a great price. No additional sign-up required.
 

Premium Services

In Partnership with

 

Dear Guest,

 

Welcome to the premium services of Business Standard brought to you courtesy FIS.
Kindly visit the Manage my subscription page to discover the benefits of this programme.

Enjoy Reading!
Team Business Standard