About Company

• q  The Behari Lal Group, established by Late Shri Behari Lal Garg in Punjab, is a fourth-generation enterprise that began as a modest family business and expanded into steel commodities trading under Behari Lal & Sons in Mandi Gobindgarh.
• q  In 1995, Behari Lal Engineering Ltd (BLEL) was founded by Parkash Chand Garg (Chairman & Promoter), whose leadership and values shaped its early growth and governance framework. Growth was further driven by Rajesh Garg (Vice Chairman & Promoter) with 29 years of experience, and Dinesh Garg (Managing Director & Promoter), who strengthened customer relationships and long-term success. The fourth generation, represented by Lovlish Garg, contributed to innovation, new product development, and diversification of market segments.
• q  In 2012, BLEL began commercial production through its Steel Melting Shop & Foundry Division in Mandi Gobindgarh, marking entry into large-scale customized steel manufacturing.
• q  In March 2022, the group commissioned its Rolling Mill Division under Belco Special Steels Pvt. Ltd., later merged into BLEL, enhancing its product portfolio with high-quality rolled steel.
• q  Currently, the group operates as a fully integrated steel manufacturing and trading enterprise with pan-India presence. BLC Metals Pvt. Ltd. continues trading billets, coal, sponge iron, and ferro alloys, while BLEL manufactures diverse iron and steel products.
• q  BLEL serves 1700+ customers across India, including top industry leaders, and is recognized as one of India’s leading integrated foundries, known for reliability, customer-centric solutions, and strong industry partnerships.
• q  As of March 31, 2026, the company catered to 1,825 customers. Since April 1, 2024, it has exported precision-engineered components across 5 continents and 21 countries.
• q The company operates two integrated manufacturing divisions, namely the Steel Melting Shop (SMS) and Foundry Division and the Rolling Mill Division, ensuring a streamlined production process across its operations.

Strengths

Competitive Strength 

• 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 their Promoters and strong domain expertise of the management team
• Track record of financial performance and consistent growth

Business Strategies 

• Augmenting increasing the installed capacity in line with their expected business growth
• Optimising the product portfolio to cater more to higher value products and value-added products
• Broaden the end-user industries base and export market by capitalizing on growth in the metal rolls and engineering casting industry
• Increasing the wallet share with their customers by introducing new products and grades

Company Promoters

Company Financials

Behari Lal Engineering Ltd.'s revenue increased by 6% and profit after tax (PAT) rose by 22% between the financial year ending with March 31, 2026 and March 31, 2025.

Objects of the Issue