Baheti Recycling Industries Ltd
Incorporated in 1994, Baheti Recycling
Industries Ltd manufactures and trades
non-ferrous metal[1]
- Market Cap ₹ 559 Cr.
- Current Price ₹ 539
- High / Low ₹ 650 / 224
- Stock P/E 31.0
- Book Value ₹ 57.0
- Dividend Yield 0.09 %
- ROCE 22.8 %
- ROE 35.8 %
- Face Value ₹ 10.0
Pros
- Company has delivered good profit growth of 144% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 26.8%
Cons
- Stock is trading at 9.45 times its book value
* 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
Sector: Non Ferrous Metals Industry: Aluminium and Aluminium Products
Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|
| 72 | 117 | 148 | 106 | 127 | 248 | 358 | 429 | 524 | |
| 70 | 115 | 144 | 102 | 123 | 240 | 344 | 408 | 484 | |
| Operating Profit | 2 | 3 | 4 | 4 | 4 | 7 | 13 | 20 | 41 |
| OPM % | 3% | 3% | 3% | 3% | 3% | 3% | 4% | 5% | 8% |
| 0 | 0 | 0 | 0 | 0 | 1 | 1 | 0 | 0 | |
| Interest | 2 | 2 | 3 | 3 | 3 | 3 | 6 | 10 | 15 |
| Depreciation | 0 | 0 | 0 | 1 | 1 | 1 | 1 | 1 | 1 |
| Profit before tax | 0 | 0 | 1 | 0 | 1 | 4 | 7 | 9 | 24 |
| Tax % | 24% | 41% | 25% | 33% | 36% | 28% | 24% | 22% | 25% |
| 0 | 0 | 0 | 0 | 0 | 3 | 5 | 7 | 18 | |
| EPS in Rs | 0.75 | 0.77 | 1.25 | 0.56 | 1.28 | 6.40 | 5.09 | 6.94 | 17.37 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 7% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 38% |
| 3 Years: | 28% |
| TTM: | 22% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 144% |
| 3 Years: | 83% |
| TTM: | 150% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | 141% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 24% |
| 3 Years: | 27% |
| Last Year: | 36% |
Balance Sheet
Figures in Rs. Crores
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 4 | 4 | 4 | 4 | 4 | 5 | 10 | 10 | 10 |
| Reserves | 6 | 6 | 7 | 7 | 7 | 12 | 24 | 31 | 49 |
| 18 | 28 | 28 | 31 | 38 | 51 | 71 | 102 | 143 | |
| 1 | 4 | 6 | 3 | 14 | 14 | 21 | 21 | 47 | |
| Total Liabilities | 28 | 42 | 45 | 45 | 63 | 82 | 127 | 165 | 249 |
| 3 | 5 | 6 | 6 | 7 | 7 | 9 | 10 | 20 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 8 | 2 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 25 | 37 | 39 | 39 | 56 | 75 | 118 | 147 | 227 | |
| Total Assets | 28 | 42 | 45 | 45 | 63 | 82 | 127 | 165 | 249 |
Cash Flows
Figures in Rs. Crores
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|
| -0 | -1 | 3 | 5 | -1 | 3 | -22 | -11 | -23 | |
| -2 | 0 | -2 | -1 | -1 | 2 | -3 | -10 | -5 | |
| 2 | 1 | -2 | -4 | 3 | -5 | 26 | 20 | 28 | |
| Net Cash Flow | -0 | 0 | -0 | 0 | 0 | 0 | 1 | -1 | 0 |
Ratios
Figures in Rs. Crores
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 41 | 76 | 40 | 74 | 73 | 56 | 55 | 41 | 50 |
| Inventory Days | 64 | 34 | 55 | 60 | 78 | 51 | 61 | 84 | 115 |
| Days Payable | 2 | 11 | 11 | 8 | 32 | 17 | 20 | 17 | 19 |
| Cash Conversion Cycle | 103 | 99 | 83 | 126 | 118 | 90 | 97 | 109 | 146 |
| Working Capital Days | 112 | 104 | 82 | 123 | 119 | 89 | 95 | 104 | 125 |
| ROCE % | 8% | 9% | 8% | 9% | 13% | 15% | 16% | 23% |
Documents
Announcements
-
Updates
20 May 2025 - Correction of borrowings classification: Long term Rs1534.26L, Short term Rs12723.36L; total unchanged.
-
Disclosure under SEBI Takeover Regulations
19 May 2025 - Promoters confirm no new encumbrance on shares for FY ended March 31, 2025.
-
Analysts/Institutional Investor Meet/Con. Call Updates
16 May 2025 - Investor meeting with Phillip Capital rescheduled to 19 May 2025, 2 PM, virtual one-on-one.
-
Acquisition-XBRL
15 May 2025 - Baheti Recycling Industries Limited has informed regarding Acquisition
-
Outcome of Board Meeting
15 May 2025 - Board approved incorporation of Section 8 company for CSR activities on 15 May 2025.
Annual reports
Concalls
-
May 2025Transcript PPT
-
Nov 2024Transcript PPT
-
Sep 2024TranscriptNotesPPT
Business Overview[1]
BRIL is an aluminum recycling company that processes aluminum-based metal scrap into aluminum alloys, such as ingots, and aluminum de-ox alloys, available as cubes, ingots, shots, and notch bars.