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 ₹ 1,251 Cr.
- Current Price ₹ 55.6
- High / Low ₹ 65.2 / 26.1
- Stock P/E 15.4
- Book Value ₹ 35.7
- Dividend Yield 0.81 %
- 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: | 6% |
| 3 Years: | 22% |
| 1 Year: | 2% |
| 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 | 263 | 256 | 238 | 106 | 162 | 368 | |
| 81 | 127 | 154 | 161 | 131 | 114 | 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 | 122 | 64 | 126 | 268 | 108 | 83 | |
| -30 | -47 | -1 | 9 | -6 | -64 | -20 | -57 | -112 | -149 | -233 | |
| -74 | -99 | -92 | -114 | -122 | -62 | -44 | -62 | -157 | 37 | 153 | |
| Net Cash Flow | -1 | 1 | -1 | 4 | 0 | -4 | 0 | 7 | -1 | -4 | 2 |
| Free Cash Flow | 73 | 100 | 90 | 94 | 110 | 52 | 39 | 66 | 145 | -12 | -198 |
| CFO/OP | 90% | 126% | 66% | 88% | 128% | 136% | 68% | 106% | 199% | 86% | 62% |
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 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|
| CRM Complex Annualized Utilization % ・Standalone data |
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| CRM Complex Production MT ・Standalone data |
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| Pipes & Tubes Annualized Utilization % ・Standalone data |
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| Pipes & Tubes Installed Capacity MT ・Standalone data |
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| Pipes & Tubes Production MT ・Standalone data |
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| Rolling Mill (TMT Bars) Annualized Utilization % ・Standalone data |
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| Rolling Mill (TMT Bars) Production MT ・Standalone data |
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Extracted by Screener AI
Documents
Announcements
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
1d - Regulation 74(5) certificate filed for quarter ended 30 June 2026.
- Closure of Trading Window 27 Jun
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
1 Jun - Intimation for the No Deal Road Show to be held on 04th June, 2026 and 05th June, 2026.
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Compliances-Reg.24(A)-Annual Secretarial Compliance
30 May - BMW Industries filed FY2026 secretarial compliance report on 30 May 2026; no non-compliances reported.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
29 May - Intimation for No deal Road Show to be held on 03rd June, 2026.
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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May 2026Transcript PPT REC
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May 2026TranscriptAI SummaryPPT
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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:[1]
The company is one of the largest steel processing companies 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.