BMW Industries Ltd
BMW Industries Ltd is primarily engaged in manufacturing, processing and selling of steel products consisting of engineering and other products and services related to the same. [1]
- Market Cap ₹ 1,374 Cr.
- Current Price ₹ 61.0
- High / Low ₹ 86.0 / 25.6
- Stock P/E 25.4
- Book Value ₹ 27.2
- Dividend Yield 0.36 %
- ROCE 10.1 %
- ROE 7.34 %
- Face Value ₹ 1.00
Pros
- Company has reduced debt.
Cons
- The company has delivered a poor sales growth of -11.7% over past five years.
- Company has a low return on equity of 8.68% 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: Steel Industry: Steel - Medium / Small
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|
661 | 672 | 777 | 945 | 823 | 601 | 357 | 406 | 508 | 529 | |
547 | 555 | 653 | 794 | 681 | 493 | 266 | 307 | 398 | 411 | |
Operating Profit | 114 | 116 | 124 | 150 | 141 | 108 | 91 | 99 | 110 | 118 |
OPM % | 17% | 17% | 16% | 16% | 17% | 18% | 26% | 24% | 22% | 22% |
2 | 2 | 6 | 15 | 24 | 14 | -172 | 13 | 9 | 7 | |
Interest | 50 | 46 | 44 | 47 | 56 | 45 | 29 | 23 | 24 | 22 |
Depreciation | 29 | 32 | 43 | 48 | 46 | 45 | 47 | 43 | 33 | 29 |
Profit before tax | 37 | 40 | 43 | 72 | 63 | 32 | -156 | 45 | 61 | 75 |
Tax % | 13% | 14% | 22% | 29% | 35% | 24% | 25% | 27% | 28% | |
32 | 34 | 34 | 51 | 41 | 24 | -118 | 33 | 44 | 54 | |
EPS in Rs | 14.34 | 15.29 | 1.51 | 2.27 | 1.82 | 1.06 | -5.23 | 1.46 | 1.96 | 2.40 |
Dividend Payout % | 0% | 0% | 0% | 0% | 1% | 0% | 0% | 1% | 10% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | -12% |
3 Years: | -5% |
TTM: | 6% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | -3% |
3 Years: | 19% |
TTM: | 25% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 29% |
1 Year: | 85% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 8% |
3 Years: | 9% |
Last Year: | 7% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 23 | 23 | 23 | 23 | 23 | 23 | 23 | 23 | 23 | 23 |
Reserves | 370 | 404 | 403 | 458 | 499 | 522 | 405 | 519 | 559 | 589 |
593 | 565 | 471 | 428 | 372 | 297 | 270 | 254 | 235 | 180 | |
78 | 78 | 123 | 153 | 150 | 113 | 79 | 89 | 109 | 107 | |
Total Liabilities | 1,063 | 1,070 | 1,019 | 1,061 | 1,043 | 954 | 776 | 885 | 926 | 898 |
547 | 555 | 540 | 513 | 480 | 456 | 390 | 378 | 416 | 442 | |
CWIP | 34 | 24 | 35 | 21 | 23 | 32 | 37 | 35 | 24 | 39 |
Investments | 10 | 10 | 10 | 7 | 7 | 7 | 7 | 26 | 12 | 12 |
472 | 480 | 434 | 520 | 533 | 460 | 342 | 445 | 473 | 405 | |
Total Assets | 1,063 | 1,070 | 1,019 | 1,061 | 1,043 | 954 | 776 | 885 | 926 | 898 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|
102 | 145 | 86 | 108 | 129 | 127 | 52 | 103 | ||
-30 | -48 | 3 | 7 | -9 | -60 | -14 | -51 | ||
-72 | -97 | -90 | -113 | -120 | -70 | -39 | -45 | ||
Net Cash Flow | -0 | 0 | -1 | 2 | -0 | -2 | -0 | 7 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|
Debtor Days | 95 | 97 | 85 | 81 | 86 | 74 | 78 | 107 | 101 |
Inventory Days | 137 | 152 | 134 | 136 | 161 | 242 | 268 | 318 | 220 |
Days Payable | 25 | 27 | 18 | 38 | 24 | 9 | 61 | 27 | 30 |
Cash Conversion Cycle | 208 | 222 | 201 | 179 | 224 | 307 | 285 | 398 | 292 |
Working Capital Days | 193 | 198 | 145 | 137 | 163 | 204 | 223 | 280 | 224 |
ROCE % | 9% | 9% | 12% | 13% | 9% | 7% | 9% | 10% |
Documents
Announcements
- COMPLIANCE CERTIFICATE UNDER REGULATION 7(3) OF SEBI (LISTING OBLIGATION AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2015 FOR THE PERIOD APRIL 1, 2023 TO MARCH 31, 2024 5 Apr
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
5 Apr - Certificate under regulation 74 (5) of the SEBI (D&P) Regulations, 2018 for the quarter ended March 31, 2024
- Closure of Trading Window 29 Mar
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
22 Mar - Schedule of Analyst/ Investor meeting with the Company: Date Name of Analyst / Institutional Investor Type Mode 27th March, 2024 Arihant Capital Markets Conference Call …
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
2 Mar - The Company will be doing a one day no deal road show at Mumbai on 6/03/2024 arranged by Arihant Capital Markets Limited and will be …
Annual reports
Concalls
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Feb 2024Transcript PPT
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Nov 2023Transcript PPT
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Nov 2023TranscriptNotesPPT
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Oct 2023TranscriptNotesPPT
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Sep 2023TranscriptNotesPPT
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Aug 2023TranscriptNotesPPT
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Feb 2023TranscriptNotesPPT
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Dec 2022TranscriptNotesPPT
Overview
BMW Industry Limited (BMWIL), incorporated in 1981, is one of the largest steel processing company in India, having manufacturing units at multiple location. It is engaged in Manufacturing & Processing of HRPO Coils, CR Coils, GP Coils, GC Sheets, MS and GI pipes, TMT rebars, etc. for marquee steel players in India. It is into processing of Long and Flat Products and operates one of the largest independent cold rolling and galvanizing facility, in the country.[1]