Beezaasan Explotech Ltd
Incorporated in August 2013, Beezaasan Explotech Limited manufactures and supplies a comprehensive range of explosives and explosive accessories.[1]
- Market Cap ₹ 396 Cr.
- Current Price ₹ 261
- High / Low ₹ 289 / 177
- Stock P/E 33.5
- Book Value ₹ 101
- Dividend Yield 0.00 %
- ROCE 11.1 %
- ROE 9.49 %
- Face Value ₹ 10.0
Pros
- Company has delivered good profit growth of 63.8% CAGR over last 5 years
- Promoter holding has increased by 4.32% over last quarter.
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 13.9% 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
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 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| 36 | 58 | 142 | 229 | 187 | 215 | 212 | |
| 34 | 55 | 135 | 220 | 175 | 194 | 193 | |
| Operating Profit | 2 | 3 | 7 | 9 | 12 | 21 | 18 |
| OPM % | 5% | 5% | 5% | 4% | 6% | 10% | 9% |
| 0 | 0 | 0 | 0 | 0 | 1 | 2 | |
| Interest | 1 | 1 | 2 | 3 | 3 | 3 | 1 |
| Depreciation | 0 | 1 | 1 | 2 | 2 | 2 | 3 |
| Profit before tax | 0 | 2 | 4 | 4 | 7 | 16 | 16 |
| Tax % | 94% | 34% | 24% | 26% | 24% | 25% | 24% |
| 0 | 1 | 3 | 3 | 5 | 12 | 12 | |
| EPS in Rs | 0.02 | 1.75 | 4.36 | 4.20 | 5.36 | 9.52 | 7.79 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 30% |
| 3 Years: | -3% |
| TTM: | -2% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 64% |
| 3 Years: | 56% |
| TTM: | 4% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | 23% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 15% |
| 3 Years: | 14% |
| Last Year: | 9% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 4 | 6 | 7 | 7 | 10 | 13 | 15 |
| Reserves | -0 | 1 | 5 | 7 | 14 | 83 | 138 |
| 13 | 18 | 24 | 44 | 34 | 22 | 35 | |
| 4 | 3 | 7 | 4 | 9 | 9 | 12 | |
| Total Liabilities | 21 | 28 | 43 | 63 | 67 | 127 | 200 |
| 8 | 16 | 19 | 24 | 30 | 34 | 47 | |
| CWIP | 5 | 0 | 0 | 3 | 2 | 12 | 3 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 53 |
| 8 | 13 | 24 | 35 | 36 | 82 | 97 | |
| Total Assets | 21 | 28 | 43 | 63 | 67 | 127 | 200 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| 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 | |
| Free Cash Flow | -3 | -10 | -5 | 11 | 2 | -13 | |
| CFO/OP | 97% | -4% | -2% | 203% | 67% | 25% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Debtor Days | 51 | 36 | 28 | 17 | 13 | 11 | 22 |
| Inventory Days | 31 | 49 | 34 | 25 | 47 | 52 | 80 |
| Days Payable | 43 | 19 | 13 | 3 | 3 | 0 | 7 |
| Cash Conversion Cycle | 39 | 66 | 49 | 40 | 57 | 63 | 95 |
| Working Capital Days | -24 | -2 | 12 | -12 | -3 | 40 | 47 |
| ROCE % | 11% | 18% | 16% | 18% | 21% | 11% |
Insights
In beta| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|
| Sale of Slurry Explosives MT |
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| Sale of Emulsion Explosives MT |
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| Licensed Capacity - Slurry Explosives MT |
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| Sale of Detonating Fuse Lakh Mtr |
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| Installation Capacity (Annual) - Slurry Explosives MT |
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| Licensed Capacity - Emulsion Explosives MT |
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| Number of Clients Number |
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| Order Book INR Crores |
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| Total Employees Number |
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| Total Manufacturing Area Lakh Sq. Ft. |
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Extracted by Screener AI
Documents
Announcements
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Statement Of Deviation(S) Or Variation(S) Pursuant To Regulation 32 Of SEBI (LODR) Regulations 2015
1d - No deviation in IPO proceeds utilisation for half year ended March 31, 2026.
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Results-Audited Consolidated And Standalone Financial Results Of The Company For The Period Ended March 31 2026
1d - Board approved FY26 audited results and appointed secretarial auditor M/s Parikh Dave & Associates effective 29 May 2026.
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Board Meeting Outcome for Outcome Of The Board Meeting Held On May 29, 2026 Pursuant To Regulation 30 Of SEBI (LODR) Regulations, 2015
1d - Board approved audited FY26 results and appointed Parikh Dave & Associates as secretarial auditor effective 29 May 2026.
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Board Meeting Intimation for Intimation Under Regulation 29 Of The Notice Of The SEBI (LODR) Regulations, 2015 Regarding Meeting Of The Board Of The Company
25 May - Board to meet on May 29, 2026 to approve audited half-year and FY2026 standalone and consolidated results.
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Announcements Under Regulation 30-General Updates
24 Apr - Detonating Fuse trial with PSU copper miner completed successfully from Jan 23 to Apr 22, 2026.
Concalls
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Jun 2025TranscriptAI SummaryPPT
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.