Bengal & Assam Company Ltd
Bengal & Assam Company Limited is a Core Investment Company registered with the RBI. Its objective is to hold investments in its subsidiaries, other group companies, money market mutual funds etc., as prescribed by the RBI. [1]
- Market Cap ₹ 9,321 Cr.
- Current Price ₹ 8,251
- High / Low ₹ 10,389 / 3,815
- Stock P/E 80.1
- Book Value ₹ 920
- Dividend Yield 0.29 %
- ROCE 12.3 %
- ROE 11.0 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company has been maintaining a healthy dividend payout of 29.1%
- Company's median sales growth is 25.8% of last 10 years
- Company's working capital requirements have reduced from 41.3 days to 11.6 days
Cons
- Stock is trading at 9.06 times its book value
- Company has a low return on equity of 7.16% over last 3 years.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Finance Industry: Finance & Investments
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
23 | 25 | 20 | 33 | 42 | 43 | 42 | 69 | 176 | 57 | 103 | 144 | 133 | |
2 | 1 | 36 | 3 | 3 | 4 | 5 | 5 | 9 | 6 | 7 | 8 | 10 | |
Operating Profit | 21 | 24 | -16 | 30 | 39 | 40 | 37 | 64 | 167 | 51 | 96 | 136 | 123 |
OPM % | 93% | 96% | -79% | 90% | 92% | 92% | 88% | 93% | 95% | 89% | 93% | 94% | 93% |
6 | 5 | 77 | 5 | 5 | 6 | 6 | 6 | 7 | 7 | 7 | 29 | 28 | |
Interest | 10 | 15 | 13 | 13 | 19 | 23 | 14 | 31 | 43 | 34 | 26 | 17 | 12 |
Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 1 | 1 |
Profit before tax | 16 | 13 | 47 | 22 | 24 | 22 | 28 | 38 | 130 | 24 | 76 | 148 | 138 |
Tax % | 8% | 6% | 17% | 5% | 4% | -3% | -1% | -1% | 4% | 1% | 20% | 17% | |
15 | 13 | 39 | 21 | 23 | 23 | 29 | 39 | 125 | 23 | 61 | 122 | 116 | |
EPS in Rs | 16.87 | 14.49 | 45.13 | 23.68 | 26.46 | 26.53 | 32.89 | 44.83 | 110.97 | 20.59 | 54.25 | 107.87 | 102.96 |
Dividend Payout % | 24% | 28% | 11% | 30% | 38% | 38% | 30% | 21% | 14% | 36% | 28% | 23% |
Compounded Sales Growth | |
---|---|
10 Years: | 19% |
5 Years: | 28% |
3 Years: | -6% |
TTM: | 19% |
Compounded Profit Growth | |
---|---|
10 Years: | 24% |
5 Years: | 29% |
3 Years: | -6% |
TTM: | 54% |
Stock Price CAGR | |
---|---|
10 Years: | 39% |
5 Years: | 41% |
3 Years: | 82% |
1 Year: | 111% |
Return on Equity | |
---|---|
10 Years: | 8% |
5 Years: | 9% |
3 Years: | 7% |
Last Year: | 11% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 8 | 11 | 11 | 11 | 11 | 11 |
Reserves | 262 | 280 | 315 | 330 | 344 | 367 | 387 | 698 | 791 | 824 | 883 | 989 | 1,028 |
170 | 163 | 99 | 154 | 194 | 194 | 126 | 547 | 432 | 404 | 260 | 168 | 134 | |
7 | 7 | 8 | 10 | 4 | 4 | 5 | 16 | 17 | 16 | 18 | 19 | 21 | |
Total Liabilities | 448 | 459 | 431 | 502 | 552 | 574 | 526 | 1,269 | 1,251 | 1,256 | 1,173 | 1,187 | 1,194 |
19 | 19 | 18 | 18 | 18 | 17 | 17 | 26 | 25 | 25 | 24 | 24 | 23 | |
CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 2 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments | 405 | 424 | 392 | 396 | 418 | 457 | 450 | 1,184 | 1,188 | 1,200 | 1,136 | 1,150 | 1,155 |
24 | 17 | 21 | 88 | 116 | 100 | 57 | 59 | 38 | 31 | 12 | 13 | 16 | |
Total Assets | 448 | 459 | 431 | 502 | 552 | 574 | 526 | 1,269 | 1,251 | 1,256 | 1,173 | 1,187 | 1,194 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
20 | 23 | 15 | 28 | 36 | 39 | 44 | 71 | 149 | 41 | 85 | 108 | |
-93 | 0 | 65 | -65 | -39 | -20 | 46 | -231 | 39 | 20 | 91 | 18 | |
76 | -25 | -81 | 38 | 7 | -22 | -90 | 160 | -187 | -62 | -179 | -126 | |
Net Cash Flow | 2 | -2 | -1 | 0 | 4 | -3 | 0 | 1 | 1 | -0 | -3 | 0 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Inventory Days | ||||||||||||
Days Payable | ||||||||||||
Cash Conversion Cycle | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Working Capital Days | -130 | -60 | -245 | 9 | 112 | 43 | -173 | 89 | 32 | 105 | 7 | 12 |
ROCE % | 6% | 6% | -3% | 8% | 8% | 8% | 8% | 8% | 14% | 5% | 9% | 12% |
Documents
Announcements
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 7 May
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 7 May
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 1 May
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 19 Apr
- Certificate Under Regulation 40 (9) Of The SEBI (LODR) Regulations, 2015 For The Financial Year Ended 31St March, 2024 10 Apr
Annual reports
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2010
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Financial Year 2009
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Holding Company
BACL majorly holds investments in almost all the group companies of the JK group, which was founded in the year 1918. BACL held ~97% of its total assets in the form of investments in equity share and preference share capital, subsidiaries and group companies, listed companies, and unlisted companies as of FY23. The company has a notable stake in prominent group companies, including JK Lakshmi Cement Ltd, JK Tyre & Industries Ltd., JK Fenner (India) Ltd., JK Paper Ltd, JK Agri Genetics Ltd., Umang Dairies Ltd., and Divyashree Company Ltd. [1]