Beezaasan Explotech Ltd
Incorporated in August 2013, Beezaasan Explotech Limited manufactures and supplies a comprehensive range of explosives and explosive accessories.[1]
- Market Cap ₹ 334 Cr.
- Current Price ₹ 258
- High / Low ₹ 272 / 146
- Stock P/E 29.4
- Book Value ₹ 74.3
- Dividend Yield 0.00 %
- ROCE 21.1 %
- ROE 18.9 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company has delivered good profit growth of 308% CAGR over last 5 years
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding has decreased over last quarter: -25.4%
* 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.
Half Yearly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| 36 | 58 | 142 | 229 | 187 | 215 | |
| 34 | 55 | 135 | 220 | 175 | 194 | |
| Operating Profit | 2 | 3 | 7 | 9 | 12 | 21 |
| OPM % | 5% | 5% | 5% | 4% | 6% | 10% |
| 0 | 0 | 0 | 0 | 0 | 1 | |
| Interest | 1 | 1 | 2 | 3 | 3 | 3 |
| Depreciation | 0 | 1 | 1 | 2 | 2 | 2 |
| Profit before tax | 0 | 2 | 4 | 4 | 7 | 16 |
| Tax % | 94% | 34% | 24% | 26% | 24% | 25% |
| 0 | 1 | 3 | 3 | 5 | 12 | |
| EPS in Rs | 0.02 | 1.75 | 4.36 | 4.20 | 5.36 | 9.52 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 43% |
| 3 Years: | 15% |
| TTM: | 15% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 308% |
| 3 Years: | 57% |
| TTM: | 123% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 22% |
| 3 Years: | 21% |
| Last Year: | 19% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| Equity Capital | 4 | 6 | 7 | 7 | 10 | 13 |
| Reserves | -0 | 1 | 5 | 7 | 14 | 83 |
| 13 | 18 | 24 | 44 | 34 | 22 | |
| 4 | 3 | 7 | 4 | 9 | 9 | |
| Total Liabilities | 21 | 28 | 43 | 63 | 67 | 127 |
| 8 | 16 | 19 | 24 | 30 | 34 | |
| CWIP | 5 | 0 | 0 | 3 | 2 | 12 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| 8 | 13 | 24 | 35 | 36 | 82 | |
| Total Assets | 21 | 28 | 43 | 63 | 67 | 127 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| 2 | -0 | -0 | 17 | 7 | 4 | |
| -5 | -3 | -5 | -12 | -6 | -35 | |
| 4 | 3 | 6 | 1 | -6 | 49 | |
| Net Cash Flow | -0 | 0 | 0 | 7 | -4 | 18 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| Debtor Days | 51 | 36 | 28 | 17 | 13 | 11 |
| Inventory Days | 31 | 49 | 34 | 25 | 47 | 52 |
| Days Payable | 43 | 19 | 13 | 3 | 3 | 0 |
| Cash Conversion Cycle | 39 | 66 | 49 | 40 | 57 | 63 |
| Working Capital Days | -24 | -2 | 12 | -12 | -3 | 40 |
| ROCE % | 11% | 18% | 16% | 18% | 21% |
Documents
Announcements
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Board Meeting Outcome for Outcome Of The Meeting Of The Board
1d - Oct 13, 2025: Board approved increasing authorised capital to Rs16Cr; proposed share-swap acquisition of Asawara Earthtech via preferential issue.
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Board Meeting Intimation for Board Meeting To Be Held On October 13, 2025
8 Oct - Board meeting Oct 13 to approve Rs.1 crore authorised capital increase; share-swap acquisition and preferential equity issue to AEL shareholders.
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
8 Oct - Confirmation certificate received from M/s Kfin Technologies Limited, RTA, as per Regulation 74(5) of SEBI ( Depositories and Participants) Regulations, 2018 for the period ended …
- Shareholder Meeting / Postal Ballot-Outcome of AGM 4 Oct
-
Shareholder Meeting / Postal Ballot-Scrutinizer''s Report
1 Oct - All three AGM resolutions (financials adoption, director reappointment, cost auditor fee ratification) passed on Sep 29, 2025.
Concalls
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Jun 2025TranscriptNotesPPT
Business Profile[1]
The company manufactures and supplies explosives and accessories like Slurry and Emulsion Explosives and Detonating Fuse, serving cement, mining, defense, Border Roads Organization, and PSUs.