Baheti Recycling Industries Ltd
Incorporated in 1994, Baheti Recycling
Industries Ltd manufactures and trades
non-ferrous metal[1]
- Market Cap ₹ 638 Cr.
- Current Price ₹ 615
- High / Low ₹ 649 / 478
- Stock P/E 23.6
- Book Value ₹ 90.3
- Dividend Yield 0.00 %
- ROCE 21.7 %
- ROE 35.4 %
- Face Value ₹ 10.0
Pros
- Company has delivered good profit growth of 125% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 31.7%
Cons
- 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
Industrials Capital Goods Industrial Products Aluminium, Copper & Zinc Products
Part of Nifty SME Emerge
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 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 72 | 117 | 148 | 106 | 127 | 248 | 358 | 429 | 524 | 725 | |
| 70 | 115 | 144 | 102 | 123 | 240 | 344 | 408 | 483 | 664 | |
| Operating Profit | 2 | 3 | 4 | 4 | 4 | 7 | 13 | 20 | 41 | 61 |
| OPM % | 3% | 3% | 3% | 3% | 3% | 3% | 4% | 5% | 8% | 8% |
| 0 | 0 | 0 | 0 | 0 | 1 | 1 | 0 | 0 | 1 | |
| Interest | 2 | 2 | 3 | 3 | 3 | 3 | 6 | 10 | 15 | 22 |
| Depreciation | 0 | 0 | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 3 |
| Profit before tax | 0 | 0 | 1 | 0 | 1 | 4 | 7 | 9 | 24 | 37 |
| Tax % | 24% | 41% | 25% | 33% | 36% | 28% | 24% | 22% | 25% | 26% |
| 0 | 0 | 0 | 0 | 0 | 3 | 5 | 7 | 18 | 27 | |
| EPS in Rs | 0.75 | 0.77 | 1.25 | 0.56 | 1.28 | 6.40 | 5.09 | 6.94 | 17.37 | 26.10 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 7% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 42% |
| 3 Years: | 27% |
| TTM: | 38% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 125% |
| 3 Years: | 72% |
| TTM: | 51% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 77% |
| 1 Year: | 3% |
| Return on Equity | |
|---|---|
| 10 Years: | 24% |
| 5 Years: | 30% |
| 3 Years: | 32% |
| Last Year: | 35% |
Balance Sheet
Figures in Rs. Crores
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 4 | 4 | 4 | 4 | 4 | 5 | 10 | 10 | 10 | 10 |
| Reserves | 6 | 6 | 7 | 7 | 7 | 12 | 24 | 31 | 49 | 83 |
| 18 | 28 | 28 | 31 | 38 | 51 | 71 | 102 | 158 | 229 | |
| 1 | 4 | 6 | 3 | 14 | 14 | 21 | 21 | 32 | 53 | |
| Total Liabilities | 28 | 42 | 45 | 45 | 63 | 82 | 127 | 165 | 249 | 376 |
| 3 | 5 | 6 | 6 | 7 | 7 | 9 | 10 | 20 | 34 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 8 | 2 | 6 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2 |
| 25 | 37 | 39 | 39 | 56 | 75 | 118 | 147 | 227 | 335 | |
| Total Assets | 28 | 42 | 45 | 45 | 63 | 82 | 127 | 165 | 249 | 376 |
Cash Flows
Figures in Rs. Crores
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| -0 | -1 | 3 | 5 | -1 | 3 | -22 | -11 | -23 | -36 | |
| -2 | 0 | -2 | -1 | -1 | 2 | -3 | -10 | -5 | -14 | |
| 2 | 1 | -2 | -4 | 3 | -5 | 26 | 20 | 28 | 50 | |
| Net Cash Flow | -0 | 0 | -0 | 0 | 0 | 0 | 1 | -1 | 0 | 0 |
| Free Cash Flow | -0 | -2 | 2 | 4 | -3 | 2 | -25 | -21 | -28 | -46 |
| CFO/OP | 2% | -17% | 89% | 143% | -23% | 56% | -156% | -41% | -47% | -45% |
Ratios
Figures in Rs. Crores
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 41 | 76 | 40 | 74 | 73 | 56 | 55 | 41 | 50 | 46 |
| Inventory Days | 64 | 34 | 55 | 60 | 78 | 51 | 61 | 84 | 115 | 134 |
| Days Payable | 2 | 11 | 11 | 8 | 32 | 17 | 20 | 17 | 19 | 25 |
| Cash Conversion Cycle | 103 | 99 | 83 | 126 | 118 | 90 | 97 | 109 | 146 | 155 |
| Working Capital Days | 112 | 104 | 19 | 23 | 33 | 23 | 34 | 29 | 37 | 36 |
| ROCE % | 8% | 9% | 8% | 9% | 13% | 15% | 16% | 22% | 22% |
Insights
In beta| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | Mar 2027 (P) | |
|---|---|---|---|---|---|---|---|---|
| Installed Capacity MTPA |
|
|||||||
| Capacity Utilization % |
||||||||
| Aluminium Alloy Ingots Production Volume MT |
||||||||
| Aluminium De-Ox Production Volume MT |
||||||||
| Employee Strength Count |
||||||||
| Total Production Volume MT |
||||||||
| Customer Base Count |
||||||||
Extracted by Screener AI
Documents
Announcements
-
Analysts/Institutional Investor Meet/Con. Call Updates
5 May 2026 - Submitted audio recording of H2 FY26 earnings call held May 5, 2026.
-
Analysts/Institutional Investor Meet/Con. Call Updates
4 May 2026 - H2 and FY26 earnings conference call rescheduled to May 5, 2026 at 11:30 A.M. IST.
-
General Updates
4 May 2026 - Earnings conference call for H2 and FY26 results rescheduled to May 5, 2026 at 11:30 A.M. IST.
-
Investor Presentation
1 May 2026 - Baheti Recycling filed revised H2/FY26 investor presentation; FY26 revenue ₹724.86 crore, order book ₹175 crore, solar plant by May 2026.
-
Investor Presentation
29 April 2026 - Submitted H2/FY26 investor presentation; FY26 revenue ₹714.86 Cr, PAT ₹27.06 Cr, order book above ₹175 Cr.
Annual reports
Concalls
-
May 2026TranscriptAI SummaryPPT
-
Apr 2026TranscriptAI SummaryPPT
-
Nov 2025Transcript PPT REC
-
Jul 2025TranscriptAI SummaryPPT
-
May 2025Transcript PPT
-
Nov 2024Transcript PPT
-
Sep 2024TranscriptAI SummaryPPT
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.