Beezaasan Explotech Ltd
Incorporated in August 2013, Beezaasan Explotech Limited manufactures and supplies a comprehensive range of explosives and explosive accessories.[1]
- Market Cap ₹ 1,232 Cr.
- Current Price ₹ 813
- High / Low ₹ 819 / 177
- Stock P/E 92.0
- Book Value ₹ 108
- Dividend Yield 0.00 %
- ROCE 12.2 %
- ROE 10.5 %
- Face Value ₹ 10.0
Pros
Cons
- Stock is trading at 7.52 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
* 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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|
| 141 | 228 | 188 | 215 | 212 | 238 | |
| Sales growth | +62% | -18% | +14% | -2% | +11% | |
| 135 | 220 | 176 | 192 | 191 | 216 | |
| Operating Profit | 6 | 8 | 12 | 23 | 21 | 22 |
| OPM % | 4.1% | 3.4% | 7% | 11% | 10% | 9% |
| 1 | 1 | 0 | 1 | 2 | 2 | |
| Interest | 2 | 3 | 3 | 4 | 2 | 3 |
| Depreciation | 1 | 2 | 2 | 3 | 3 | 4 |
| Profit before tax | 4 | 4 | 7 | 18 | 18 | 17 |
| Tax % | 27% | 30% | 23% | 24% | 23% | |
| 3 | 3 | 5 | 14 | 13 | 13 | |
| EPS in Rs | 4.06 | 3.98 | 5.38 | 10.15 | 8.76 | 8.83 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | -2% |
| TTM: | 11% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 65% |
| TTM: | 1% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | 244% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 16% |
| 3 Years: | 15% |
| Last Year: | 11% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | Sep 2026 | |
|---|---|---|---|---|---|---|
| Equity Capital | 7 | 7 | 10 | 13 | 15 | 15 |
| Reserves | 5 | 7 | 14 | 84 | 140 | 149 |
| 24 | 43 | 37 | 25 | 37 | 38 | |
| 7 | 4 | 10 | 7 | 11 | 19 | |
| Total Liabilities | 42 | 62 | 71 | 128 | 203 | 221 |
| 19 | 24 | 32 | 37 | 50 | 51 | |
| CWIP | 0 | 3 | 2 | 12 | 3 | 5 |
| Investments | 0 | 0 | 0 | 0 | 53 | 53 |
| 23 | 34 | 37 | 79 | 97 | 112 | |
| Total Assets | 42 | 62 | 71 | 128 | 203 | 221 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| -1 | 2 | 7 | 6 | 2 | |
| -5 | -10 | -9 | -56 | -12 | |
| 6 | 14 | -2 | 47 | 10 | |
| Net Cash Flow | 0 | 7 | -4 | -2 | 0 |
| Free Cash Flow | -6 | -8 | -2 | -12 | -11 |
| CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit | -14% | 43% | 62% | 31% | 27% |
Ratios
Consolidated / View Standalone
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| Debtor Days | 28 | 17 | 13 | 11 | 22 |
| Inventory Days | 33 | 25 | 48 | 54 | 83 |
| Days Payable | 13 | 3 | 4 | 1 | 3 |
| Cash Conversion Cycle | 49 | 39 | 58 | 64 | 101 |
| Working Capital Days | 12 | -13 | -2 | 40 | 49 |
| ROCE % | 16% | 17% | 23% | 12% |
Insights
In beta| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| Emulsion Explosive Capacity Utilization % ・Standalone data |
|
|||
| Slurry Explosive Capacity Utilization % ・Standalone data |
||||
| Top 10 Customer Revenue Concentration % ・Standalone data |
||||
| Detonating Fuse Capacity Utilization % ・Standalone data |
||||
| Detonating Fuse Sales Volume Lakh Meters ・Standalone data |
||||
| Emulsion Explosive Sales Volume MT ・Standalone data |
||||
| Slurry Explosive Sales Volume MT ・Standalone data |
||||
| Order Book INR Crores ・Standalone data |
||||
Extracted by Screener AI
Documents
Announcements
-
Financial Results For 30-09-2026
- Board approved H1 FY2026-27 unaudited results; internal auditor resigned and DK Laddha & Associates appointed.
-
Compliances- Statement Of Deviation
- No deviation in IPO fund utilisation for half year ended September 30, 2026.
-
Board Meeting Outcome for Outcome Of The Board Meeting Held On 06Th November, 2026
- Board approved H1 FY2026-27 unaudited results and appointed DK Laddha & Associates as internal auditor.
-
Board Meeting Intimation for Meeting Of Board Scheduled To Be Held On Friday, November 06, 2026
- Board meeting on November 6, 2026 to approve H1 FY2027 results; trading window closed from October 1.
-
Shareholder Meeting / Postal Ballot-Scrutinizer"s Report
- EGM on October 13, 2026 approved preferential equity shares on private placement basis.
Concalls
-
Jun 2025PPT
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.