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 ₹ 1,136 Cr.
- Current Price ₹ 50.4
- High / Low ₹ 59.8 / 26.1
- Stock P/E 14.0
- Book Value ₹ 35.7
- Dividend Yield 0.85 %
- ROCE 12.4 %
- ROE 10.6 %
- Face Value ₹ 1.00
Pros
Cons
- The company has delivered a poor sales growth of 10.8% over past five years.
- Company has a low return on equity of 10.4% over last 3 years.
- Company might be capitalizing the interest cost
- Debtor days have increased from 55.7 to 82.4 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.
Peer comparison
Industrials Capital Goods Industrial Products Iron & Steel Products
Part of 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 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 674 | 779 | 948 | 829 | 615 | 398 | 447 | 562 | 598 | 629 | 665 | |
| 557 | 655 | 797 | 688 | 505 | 302 | 342 | 433 | 452 | 480 | 500 | |
| Operating Profit | 117 | 124 | 151 | 141 | 110 | 95 | 105 | 130 | 146 | 148 | 165 |
| OPM % | 17% | 16% | 16% | 17% | 18% | 24% | 24% | 23% | 24% | 24% | 25% |
| 2 | 7 | 16 | 27 | 15 | -228 | 13 | 9 | 4 | 9 | 15 | |
| Interest | 47 | 44 | 47 | 56 | 46 | 29 | 23 | 24 | 20 | 13 | 19 |
| Depreciation | 33 | 44 | 48 | 47 | 47 | 53 | 49 | 40 | 45 | 44 | 52 |
| Profit before tax | 39 | 43 | 72 | 65 | 32 | -215 | 46 | 75 | 86 | 100 | 109 |
| Tax % | 14% | 22% | 29% | 35% | 31% | -18% | 24% | 27% | 26% | 25% | 26% |
| 33 | 34 | 51 | 42 | 22 | -175 | 35 | 54 | 64 | 75 | 81 | |
| EPS in Rs | 15.03 | 1.50 | 2.28 | 1.85 | 0.97 | -7.80 | 1.53 | 2.42 | 2.83 | 3.33 | 3.60 |
| Dividend Payout % | 0% | 0% | 0% | 1% | 0% | 0% | 1% | 8% | 15% | 13% | 12% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 0% |
| 5 Years: | 11% |
| 3 Years: | 6% |
| TTM: | 6% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 9% |
| 5 Years: | 6% |
| 3 Years: | 16% |
| TTM: | 11% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 12% |
| 3 Years: | 17% |
| 1 Year: | -3% |
| Return on Equity | |
|---|---|
| 10 Years: | 8% |
| 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 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 23 | 23 | 23 | 23 | 23 | 23 | 23 | 23 | 23 | 23 | 23 |
| Reserves | 536 | 534 | 594 | 635 | 672 | 497 | 531 | 580 | 639 | 709 | 781 |
| 569 | 473 | 428 | 372 | 306 | 279 | 256 | 238 | 106 | 162 | 368 | |
| 81 | 127 | 154 | 161 | 131 | 97 | 91 | 116 | 109 | 122 | 119 | |
| Total Liabilities | 1,208 | 1,157 | 1,199 | 1,190 | 1,131 | 895 | 900 | 956 | 875 | 1,015 | 1,291 |
| 564 | 547 | 516 | 483 | 522 | 450 | 432 | 464 | 502 | 629 | 648 | |
| CWIP | 24 | 35 | 21 | 23 | 32 | 37 | 35 | 24 | 92 | 55 | 196 |
| Investments | 87 | 85 | 79 | 77 | 70 | 22 | 15 | 0 | 0 | 39 | 0 |
| 533 | 489 | 583 | 608 | 506 | 386 | 418 | 467 | 281 | 292 | 446 | |
| Total Assets | 1,208 | 1,157 | 1,199 | 1,190 | 1,131 | 895 | 900 | 956 | 875 | 1,015 | 1,291 |
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 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | |
| Free Cash Flow | 73 | 100 | 90 | 94 | 110 | 52 | 39 | 66 | 145 | -12 | |
| CFO/OP | 90% | 126% | 66% | 88% | 128% | 137% | 68% | 106% | 199% | 86% |
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 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 106 | 86 | 83 | 93 | 82 | 94 | 90 | 84 | 38 | 47 | 82 |
| Inventory Days | 153 | 134 | 136 | 160 | 246 | 274 | 321 | 226 | 134 | 94 | 89 |
| Days Payable | 27 | 20 | 39 | 31 | 30 | 99 | 36 | 41 | 35 | 32 | 29 |
| Cash Conversion Cycle | 232 | 200 | 180 | 223 | 298 | 270 | 375 | 268 | 136 | 110 | 142 |
| Working Capital Days | 94 | 61 | 73 | 85 | 89 | 60 | 95 | 89 | 57 | 61 | 56 |
| ROCE % | 8% | 11% | 12% | 8% | 6% | 8% | 12% | 13% | 13% | 12% |
Insights
In beta| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|
| Consolidated Net Debt/Operating EBITDA x |
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| Production Volume - CRM Complex MT |
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| Capacity Utilization - CRM Complex % |
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| Installed Capacity - CRM Complex MTPA |
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| Installed Capacity - Pipes and Tubes MTPA |
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| Installed Capacity - Rolling Mill (TMT Bars) MTPA |
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| Production Volume - Pipes and Tubes MT |
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| Production Volume - Rolling Mill (TMT) MT |
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Extracted by Screener AI
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
3h - BMW Industries reported Q4 FY26 revenue ₹21,574 lakh, record PAT ₹3,316 lakh; FY26 PAT ₹8,112 lakh.
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Results-Financial Results For The Fourth Quarter And Financial Year Ended 31ST March, 2026
3h - BMW Industries approved FY26 audited results, recommended 43% final dividend, and reappointed internal and cost auditors.
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Announcement under Regulation 30 (LODR)-Dividend Updates
4h - BMW Industries approved FY26 audited results, recommended 0.43 dividend, and reappointed internal and cost auditors.
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Board Meeting Outcome for Outcome Of The Board Meeting
4h - BMW Industries approved FY26 audited results, recommended Rs 0.43 final dividend, and reappointed auditors.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
30 Apr - BMW Industries schedules Q4FY26 earnings call on 7 May 2026 at 3:30 PM IST.
Annual reports
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Financial Year 2025
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Financial Year 2024
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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 2010
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Financial Year 2009
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Financial Year 2008
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Concalls
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Feb 2026Transcript PPT REC
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Nov 2025Transcript PPT REC
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Nov 2025TranscriptAI SummaryPPT
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Jul 2025Transcript PPT
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May 2025Transcript PPT REC
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Mar 2025TranscriptAI SummaryPPT
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Mar 2025TranscriptAI SummaryPPT
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Feb 2025Transcript PPT
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Nov 2024Transcript PPT
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Jul 2024Transcript PPT REC
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May 2024Transcript PPT
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May 2024TranscriptAI SummaryPPT
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Feb 2024Transcript PPT
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Nov 2023Transcript PPT
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Nov 2023TranscriptAI SummaryPPT
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Oct 2023TranscriptAI SummaryPPT
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Sep 2023TranscriptAI SummaryPPT
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Aug 2023TranscriptAI SummaryPPT
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Feb 2023TranscriptAI SummaryPPT
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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]