Behari Lal Engineering Ltd IPO

Long standing relationships with a large number of customers spread across a wide array of end-user industries with stringent qualification processes.

Diversified product portfolio catering to varied application industries.

Strategically located Manufacturing Facilities with advanced equipment and robust overlapping processes which enables high capacity utilisation.

Robust presence in the steel manufacturing industry leveraging on the legacy and experience of our Promoters and strong domain expertise of our management team.

Track record of financial performance and consistent growth.

The company generates significant revenues from its top 10 customers, and in Fiscals 2026, 2025 and 2024, revenue from the company's top 10 customers was Rs. 2,029.21 million, Rs. 2,027.16 million and Rs. 1,686.51 million constituting 38.00%, 39.91% and 37.81%, respectively, of its revenue from operations. The company does not enter into long term contracts with its customers and the loss of such customers or a significant reduction in the company's revenue from such customers will have a material adverse impact on its business and financial condition.

The company's success depends on its continuing relationship with the company's customers and its derives a significant majority of the company's revenue from repeat customers. In Fiscals 2026, 2025 and 2024, revenue from repeat customers was Rs. 4,522.77 million, Rs. 4,372.98 million and Rs. 3,570.50 million constituting 84.69%, 86.10% and 80.04%, respectively, of the company's revenue from operations. Loss of one or more of its repeat customers or reduction in their demand for the company's offerings could adversely affect its business, results of operation and financial conditions.

The company caters to diverse end use industries and customers in the automobile, infrastructure, Aggregate Crusher Manufacturer (ACM) and engineering (industrial equipment) which contributed an aggregate of Rs. 2,063.85 million, Rs. 1,104.50 million, Rs. 980.15 million and Rs. 899.96 million to the company's revenue from operations constituting 38.65%, 20.68%, 18.35% and 16.85% of its total revenue from operations during Fiscal 2026, respectively. Any adverse impact on these industries or result in the loss of customers in these end use industries could have an adverse effect on the company's business, revenue from operations and financial condition.

Augmenting increasing our installed capacity in line with our expected business growth.

Optimising our product portfolio to cater more to higher value products and value added products.

Broaden our end-user industries base and export market by capitalizing on growth in the metal rolls and engineering casting industry.

Increasing our wallet share with our customers by introducing new products and grades.