BCPL Railway Infrastructure Ltd

AI

BCPL Railway Infrastructure Ltd

₹ 69.2 -2.08%
13 Aug 12:21 p.m.
About

Incorporated in 1995, BCPL Railway Infrastructure Ltd executes Railway Electrification Projects, turnkey OHE projects and other projects for Railway and government parties[1]

Key Points

Business Overview:[1][2]
BCPLRIL), based in West Bengal, is a contractor for the Indian Railways specializing in overhead equipment (OHE) contracting. Its operations cover the complete cycle of designing, drawing, supply, erection, and commissioning of 25KV, 50Hz single‑phase traction overhead equipment, supporting railway infrastructure development and modernization projects.
The company provides turnkey solutions
for setting up traction substations that
regulate electrical current for energizing locomotives. In addition, it offers modification services for existing electrified tracks, enabling them to support Indian Railways’ high‑speed expansion plans.

  • Market Cap 116 Cr.
  • Current Price 69.2
  • High / Low 92.6 / 55.4
  • Stock P/E 19.3
  • Book Value 59.0
  • Dividend Yield 1.44 %
  • ROCE 9.33 %
  • ROE 6.19 %
  • Face Value 10.0

Pros

  • Stock is trading at 1.19 times its book value
  • Company has been maintaining a healthy dividend payout of 23.0%

Cons

  • The company has delivered a poor sales growth of -0.31% over past five years.
  • Company has a low return on equity of 7.18% over last 3 years.
  • Earnings include an other income of Rs.4.14 Cr.
  • Debtor days have increased from 45.8 to 63.2 days.

* 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.

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
34.48 19.83 22.97 19.27 25.87 18.27 26.68 30.43 56.57 27.32 23.57 16.23 14.50
31.37 18.12 19.57 17.18 25.38 16.14 24.70 27.43 53.07 25.18 20.20 13.15 15.60
Operating Profit 3.11 1.71 3.40 2.09 0.49 2.13 1.98 3.00 3.50 2.14 3.37 3.08 -1.10
OPM % 9.02% 8.62% 14.80% 10.85% 1.89% 11.66% 7.42% 9.86% 6.19% 7.83% 14.30% 18.98% -7.59%
0.79 0.88 0.30 0.21 1.31 0.89 1.51 0.84 0.47 1.24 1.91 0.06 0.92
Interest 0.75 0.61 0.48 0.92 0.74 0.55 0.77 1.34 1.09 0.73 0.73 0.53 1.09
Depreciation 0.05 0.04 0.05 0.06 0.04 0.05 0.05 0.07 0.06 0.06 0.05 0.05 0.01
Profit before tax 3.10 1.94 3.17 1.32 1.02 2.42 2.67 2.43 2.82 2.59 4.50 2.56 -1.28
Tax % 24.19% 10.82% 27.13% 32.58% 41.18% 18.18% 21.72% 39.09% 2.84% 24.32% 25.78% 30.47% -17.97%
2.35 1.73 2.30 0.89 0.60 1.98 2.09 1.48 2.74 1.96 3.35 1.78 -1.06
EPS in Rs 1.41 1.03 1.38 0.53 0.36 1.18 1.25 0.88 1.64 1.17 2.00 1.06 -0.63
Raw PDF
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Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
28.75 22.86 29.78 48.98 82.45 127.04 82.91 105.41 122.79 87.93 131.96 81.62
25.62 19.95 26.24 42.49 70.83 114.66 71.59 95.81 112.54 80.24 121.34 74.14
Operating Profit 3.13 2.91 3.54 6.49 11.62 12.38 11.32 9.60 10.25 7.69 10.62 7.48
OPM % 10.89% 12.73% 11.89% 13.25% 14.09% 9.74% 13.65% 9.11% 8.35% 8.75% 8.05% 9.16%
0.70 0.69 0.73 0.77 -0.05 2.22 2.03 2.19 2.69 2.70 3.71 4.14
Interest 1.83 2.10 1.64 1.45 1.39 3.88 2.43 1.08 1.68 2.76 3.75 3.08
Depreciation 0.06 0.07 0.07 0.08 0.11 0.16 0.18 0.16 0.17 0.18 0.23 0.16
Profit before tax 1.94 1.43 2.56 5.73 10.07 10.56 10.74 10.55 11.09 7.45 10.35 8.38
Tax % 34.02% 32.17% 26.95% 28.80% 30.09% 27.84% 25.98% 29.86% 27.14% 25.77% 19.90% 28.04%
1.28 0.97 1.87 4.07 7.04 7.62 7.94 7.41 8.08 5.52 8.29 6.03
EPS in Rs 2.04 1.55 2.99 3.25 4.21 4.56 4.75 4.43 4.83 3.30 4.96 3.61
Dividend Payout % 0.00% 0.00% 0.00% 0.00% 14.25% 13.17% 14.74% 15.79% 14.49% 21.20% 20.17% 27.73%
Compounded Sales Growth
10 Years: %
5 Years: 0%
3 Years: -13%
TTM: -38%
Compounded Profit Growth
10 Years: %
5 Years: -5%
3 Years: -10%
TTM: -28%
Stock Price CAGR
10 Years: %
5 Years: 4%
3 Years: 5%
1 Year: -12%
Return on Equity
10 Years: %
5 Years: 8%
3 Years: 7%
Last Year: 6%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Equity Capital 6.26 6.26 6.26 12.52 16.72 16.72 16.72 16.72 16.72 16.72 16.72 16.72
Reserves 19.45 20.41 22.29 24.78 40.39 46.03 53.78 60.38 67.73 72.45 78.08 81.90
18.38 12.46 9.93 8.90 0.67 9.90 4.91 2.41 2.53 16.35 26.33 25.22
3.49 2.93 5.01 5.63 6.06 5.97 6.01 22.03 20.95 18.70 28.30 11.55
Total Liabilities 47.58 42.06 43.49 51.83 63.84 78.62 81.42 101.54 107.93 124.22 149.43 135.39
0.84 0.85 0.94 0.79 0.90 0.93 0.94 2.49 2.58 4.54 4.57 4.42
CWIP 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Investments 0.98 0.98 1.48 4.05 3.82 4.84 4.92 5.05 11.31 12.61 11.28 10.91
45.76 40.23 41.07 46.99 59.12 72.85 75.56 94.00 94.04 107.07 133.58 120.06
Total Assets 47.58 42.06 43.49 51.83 63.84 78.62 81.42 101.54 107.93 124.22 149.43 135.39

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
-0.41 4.32 5.12 2.75 -1.52 -5.56 16.70 4.38 1.67 0.18 3.55 12.48
-0.08 -0.08 -0.64 -0.14 -2.11 -0.34 -0.29 -1.48 -6.15 -3.11 -8.59 -8.72
1.21 -8.02 -4.19 -2.33 3.12 5.95 -7.34 -4.70 -2.75 9.99 5.43 -5.80
Net Cash Flow 0.72 -3.78 0.29 0.29 -0.52 0.05 9.07 -1.80 -7.24 7.07 0.38 -2.04
Free Cash Flow -0.48 4.24 4.96 2.66 -1.73 -5.72 16.51 2.73 1.40 -1.96 3.30 12.46
CFO/OP 8% 169% 171% 59% 11% -12% 171% 68% 41% 33% 68% 186%

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Debtor Days 161.36 180.42 111.29 54.18 47.81 39.28 43.32 67.49 47.11 44.08 29.96 63.23
Inventory Days 343.44 636.92
Days Payable 61.78 176.21
Cash Conversion Cycle 161.36 180.42 111.29 54.18 47.81 39.28 43.32 349.14 507.82 44.08 29.96 63.23
Working Capital Days 397.50 323.81 259.10 180.79 224.53 86.51 122.03 111.15 128.56 182.02 125.35 141.94
ROCE % 9.04% 8.48% 10.82% 23.85% 22.14% 17.79% 14.94% 15.36% 10.61% 12.43% 9.33%

Insights

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Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Number of Employees
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Order Book Position
Rs. Crore
Railway OHE Revenue Share
% of total revenue
Track Kilometers Electrified
TKM

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
73.30% 73.30% 72.87% 72.87% 72.87% 72.87% 72.87% 72.87% 72.87% 72.87% 72.87% 72.87%
26.71% 26.71% 27.15% 27.14% 27.14% 27.14% 27.13% 27.14% 27.14% 27.13% 27.13% 27.13%
No. of Shareholders 13,67121,08625,15326,76627,17727,58527,88328,12727,31626,56326,11127,441

Documents

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