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 ₹ 853 Cr.
- Current Price ₹ 37.9
- High / Low ₹ 62.8 / 37.1
- Stock P/E 13.1
- Book Value ₹ 33.6
- Dividend Yield 1.13 %
- ROCE 13.3 %
- ROE 10.5 %
- Face Value ₹ 1.00
Pros
- Stock is trading at 1.13 times its book value
- Company has delivered good profit growth of 26.6% CAGR over last 5 years
Cons
- The company has delivered a poor sales growth of 0.45% over past five years.
- Company has a low return on equity of 9.88% 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
Industrials Capital Goods Industrial Products Iron & Steel Products
Part of BSE SmallCap BSE Allcap BSE Industrials
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 674 | 779 | 948 | 829 | 615 | 398 | 447 | 562 | 598 | 629 | 598 | |
| 557 | 655 | 797 | 688 | 505 | 302 | 342 | 433 | 452 | 480 | 460 | |
| Operating Profit | 117 | 124 | 151 | 141 | 110 | 95 | 105 | 130 | 146 | 148 | 138 |
| OPM % | 17% | 16% | 16% | 17% | 18% | 24% | 24% | 23% | 24% | 24% | 23% |
| 2 | 7 | 16 | 27 | 15 | -228 | 13 | 9 | 4 | 9 | 13 | |
| Interest | 47 | 44 | 47 | 56 | 46 | 29 | 23 | 24 | 20 | 13 | 14 |
| Depreciation | 33 | 44 | 48 | 47 | 47 | 53 | 49 | 40 | 45 | 44 | 50 |
| Profit before tax | 39 | 43 | 72 | 65 | 32 | -215 | 46 | 75 | 86 | 100 | 86 |
| Tax % | 14% | 22% | 29% | 35% | 31% | -18% | 24% | 27% | 26% | 25% | |
| 33 | 34 | 51 | 42 | 22 | -175 | 35 | 54 | 64 | 75 | 65 | |
| EPS in Rs | 15.03 | 1.50 | 2.28 | 1.85 | 0.97 | -7.80 | 1.53 | 2.42 | 2.83 | 3.33 | 2.90 |
| Dividend Payout % | 0% | 0% | 0% | 1% | 0% | 0% | 1% | 8% | 15% | 13% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 0% |
| 3 Years: | 12% |
| TTM: | -1% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 27% |
| 3 Years: | 33% |
| TTM: | -8% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 9% |
| 3 Years: | 9% |
| 1 Year: | -37% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 9% |
| 3 Years: | 10% |
| Last Year: | 11% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 23 | 23 | 23 | 23 | 23 | 23 | 23 | 23 | 23 | 23 | 23 |
| Reserves | 536 | 534 | 594 | 635 | 672 | 497 | 531 | 580 | 639 | 709 | 733 |
| 569 | 473 | 428 | 372 | 306 | 279 | 256 | 238 | 106 | 162 | 194 | |
| 81 | 127 | 154 | 161 | 131 | 97 | 91 | 116 | 109 | 122 | 130 | |
| Total Liabilities | 1,208 | 1,157 | 1,199 | 1,190 | 1,131 | 895 | 900 | 956 | 875 | 1,015 | 1,080 |
| 564 | 547 | 516 | 483 | 522 | 450 | 432 | 464 | 502 | 629 | 658 | |
| CWIP | 24 | 35 | 21 | 23 | 32 | 37 | 35 | 24 | 92 | 55 | 51 |
| Investments | 87 | 85 | 79 | 77 | 70 | 22 | 15 | 0 | 0 | 39 | 15 |
| 533 | 489 | 583 | 608 | 506 | 386 | 418 | 467 | 281 | 292 | 356 | |
| Total Assets | 1,208 | 1,157 | 1,199 | 1,190 | 1,131 | 895 | 900 | 956 | 875 | 1,015 | 1,080 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 103 | 146 | 92 | 109 | 128 | 123 | 64 | 126 | 268 | 108 | |
| -30 | -47 | -1 | 9 | -6 | -66 | -20 | -57 | -112 | -149 | |
| -74 | -99 | -92 | -114 | -122 | -62 | -44 | -62 | -157 | 37 | |
| Net Cash Flow | -1 | 1 | -1 | 4 | 0 | -4 | 0 | 7 | -1 | -4 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 106 | 86 | 83 | 93 | 82 | 94 | 90 | 84 | 38 | 47 |
| Inventory Days | 153 | 134 | 136 | 160 | 246 | 274 | 321 | 226 | 134 | 94 |
| Days Payable | 27 | 20 | 39 | 31 | 30 | 99 | 36 | 41 | 35 | 32 |
| Cash Conversion Cycle | 232 | 200 | 180 | 223 | 298 | 270 | 375 | 268 | 136 | 110 |
| Working Capital Days | 94 | 61 | 73 | 85 | 89 | 60 | 95 | 89 | 57 | 61 |
| ROCE % | 8% | 11% | 12% | 8% | 6% | 8% | 12% | 13% | 13% |
Documents
Announcements
- Shareholder Meeting / Postal Ballot-Scrutinizer"s Report 29 Nov
- Shareholder Meeting / Postal Ballot-Outcome of Postal_Ballot 29 Nov
-
Announcement under Regulation 30 (LODR)-Earnings Call Transcript
15 Nov - Post Earnings Call - Transcript of the Post Earnings (Conference) Call held on November 10, 2025 at 3.30 P.M. (IST) are enclosed herewith.
-
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
10 Nov - Earnings call audio for Q2 FY26 (Sept 30, 2025) held Nov 10, 2025 available online.
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
10 Nov - Newspaper Publication of Financial Results pursuant to Regulation 47 of SEBI (LODR) Regulations, 2015 for the quarter and half year ended September 30, 2025 are …
Annual reports
-
Financial Year 2025
from bse
-
Financial Year 2024
from bse
-
Financial Year 2023
from bse
-
Financial Year 2022
from bse
-
Financial Year 2021
from bse
-
Financial Year 2020
from bse
-
Financial Year 2019
from bse
-
Financial Year 2018
from bse
-
Financial Year 2010
from bse
-
Financial Year 2009
from bse
-
Financial Year 2008
from bse
Concalls
-
Nov 2025Transcript PPT REC
-
Nov 2025TranscriptAI SummaryPPT
-
Jul 2025Transcript PPT
-
May 2025Transcript PPT REC
-
Mar 2025TranscriptAI SummaryPPT
-
Mar 2025TranscriptAI SummaryPPT
-
Feb 2025Transcript PPT
-
Nov 2024Transcript PPT
-
Jul 2024Transcript PPT REC
-
May 2024Transcript PPT
-
May 2024TranscriptAI SummaryPPT
-
Feb 2024Transcript PPT
-
Nov 2023Transcript PPT
-
Nov 2023TranscriptAI SummaryPPT
-
Oct 2023TranscriptAI SummaryPPT
-
Sep 2023TranscriptAI SummaryPPT
-
Aug 2023TranscriptAI SummaryPPT
-
Feb 2023TranscriptAI SummaryPPT
-
Dec 2022TranscriptAI SummaryPPT
Overview
BMW Industry Limited (BMWIL), incorporated in 1981, is one of the largest steel processing company in India, having manufacturing units at multiple locations. It is engaged in Manufacturing & Processing of HRPO Coils, CR Coils, GP Coils, GC Sheets, MS and GI pipes, TMT rebar, 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]