Bombay Burmah Trading Corporation Ltd
Founded in the year 1863, Bombay Burmah Trading Corporation Limited (BBTCL) is a flagship Company of Wadia Group.
Originally BBTCL was formed as a public company to carry out Teak business of William Wallace and was catering to domestic demands. Later in 1913 BBTCL turned to tea plantations by investing in Tea estates in South India.
Currently BBTCL has its presence in diversified business of Tea, Coffee, other plantation products, Biscuits, Dairy products, Auto electric and White goods, weighing products, horticulture, Healthcare products, Dental, orthopedic and ophthalmic products. [1]
- Market Cap ₹ 14,121 Cr.
- Current Price ₹ 2,023
- High / Low ₹ 2,625 / 1,521
- Stock P/E 187
- Book Value ₹ 31.2
- Dividend Yield 0.84 %
- ROCE 28.0 %
- ROE 55.5 %
- Face Value ₹ 2.00
Pros
- Company has reduced debt.
- Company has delivered good profit growth of 52.6% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 49.9%
- Company has been maintaining a healthy dividend payout of 17.4%
Cons
- Stock is trading at 65.0 times its book value
- The company has delivered a poor sales growth of 5.12% over past five years.
- Earnings include an other income of Rs.224 Cr.
* 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.
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 275 | 241 | 241 | 260 | 208 | 242 | 214 | 208 | 302 | 245 | 261 | 275 | 289 | |
| 255 | 232 | 260 | 271 | 236 | 253 | 253 | 223 | 274 | 283 | 309 | 315 | 321 | |
| Operating Profit | 20 | 8 | -19 | -11 | -28 | -11 | -39 | -15 | 28 | -38 | -48 | -40 | -33 |
| OPM % | 7% | 3% | -8% | -4% | -13% | -5% | -18% | -7% | 9% | -16% | -18% | -14% | -11% |
| 17 | 36 | 27 | 49 | 37 | 35 | 69 | 107 | 90 | 142 | 119 | 209 | 224 | |
| Interest | 22 | 27 | 32 | 34 | 31 | 34 | 38 | 80 | 83 | 87 | 62 | 33 | 32 |
| Depreciation | 8 | 7 | 9 | 8 | 9 | 8 | 9 | 9 | 7 | 7 | 7 | 7 | 7 |
| Profit before tax | 7 | 10 | -32 | -4 | -31 | -19 | -18 | 4 | 28 | 9 | 2 | 129 | 153 |
| Tax % | 29% | 30% | 2% | -10% | -16% | 6% | -4% | 26% | 65% | 0% | 352% | 8% | |
| 5 | 7 | -33 | -3 | -26 | -20 | -17 | 3 | 10 | 9 | -6 | 119 | 149 | |
| EPS in Rs | 0.74 | 1.01 | -4.69 | -0.46 | -3.70 | -2.82 | -2.44 | 0.40 | 1.42 | 1.26 | -0.84 | 17.09 | 21.42 |
| Dividend Payout % | 136% | 99% | -21% | -218% | -27% | -35% | -49% | 299% | 85% | 95% | -142% | 99% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 1% |
| 5 Years: | 5% |
| 3 Years: | -3% |
| TTM: | 7% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 33% |
| 5 Years: | 53% |
| 3 Years: | 160% |
| TTM: | 63% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 14% |
| 5 Years: | 7% |
| 3 Years: | 27% |
| 1 Year: | -28% |
| Return on Equity | |
|---|---|
| 10 Years: | 7% |
| 5 Years: | 29% |
| 3 Years: | 50% |
| Last Year: | 56% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 14 |
| Reserves | 252 | 244 | 261 | 313 | 277 | 243 | 220 | 216 | 197 | 192 | 180 | 175 | 203 |
| 191 | 357 | 331 | 334 | 358 | 414 | 500 | 1,045 | 1,012 | 954 | 351 | 324 | 263 | |
| 57 | 59 | 45 | 45 | 49 | 55 | 59 | 72 | 82 | 103 | 94 | 104 | 86 | |
| Total Liabilities | 513 | 674 | 650 | 706 | 699 | 726 | 793 | 1,346 | 1,305 | 1,262 | 639 | 617 | 567 |
| 107 | 111 | 116 | 114 | 109 | 111 | 114 | 117 | 118 | 79 | 74 | 72 | 63 | |
| CWIP | 3 | 1 | 1 | 3 | 5 | 7 | 11 | 14 | 13 | 3 | 1 | 1 | 1 |
| Investments | 166 | 165 | 209 | 287 | 287 | 287 | 385 | 457 | 446 | 352 | 351 | 352 | 312 |
| 238 | 396 | 324 | 302 | 298 | 321 | 282 | 758 | 728 | 828 | 213 | 192 | 191 | |
| Total Assets | 513 | 674 | 650 | 706 | 699 | 726 | 793 | 1,346 | 1,305 | 1,262 | 639 | 617 | 567 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 32 | -15 | -8 | 42 | -19 | -41 | -21 | -16 | 51 | -40 | -36 | -92 | |
| -64 | -20 | 24 | 15 | 25 | 5 | -12 | -410 | 103 | 170 | 720 | 245 | |
| -19 | 84 | -64 | -35 | -19 | 31 | 37 | 467 | -118 | -161 | -682 | -201 | |
| Net Cash Flow | -51 | 49 | -48 | 22 | -14 | -5 | 4 | 40 | 36 | -31 | 1 | -48 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 58 | 74 | 66 | 49 | 70 | 72 | 62 | 76 | 57 | 76 | 80 | 71 |
| Inventory Days | 292 | 441 | 334 | 189 | 300 | 371 | 348 | 402 | 185 | 203 | 154 | 155 |
| Days Payable | 80 | 117 | 93 | 48 | 92 | 76 | 90 | 111 | 70 | 66 | 69 | 78 |
| Cash Conversion Cycle | 270 | 398 | 307 | 191 | 277 | 367 | 319 | 367 | 172 | 213 | 165 | 148 |
| Working Capital Days | -30 | -86 | 21 | -85 | 37 | -37 | -528 | -94 | -193 | -519 | -401 | -336 |
| ROCE % | 6% | 7% | -0% | 1% | -2% | 2% | 3% | 8% | 7% | 4% | 8% | 28% |
Documents
Announcements
- Announcement Under Regulation 30 - Termination Of Agreement With MSTC Limited 3m
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Announcement under Regulation 30 (LODR)-Newspaper Publication
15 Nov - E-Copies of newspaper publication of extract of Unaudited Financial Results(Standalone & Consolidated) for the second quarter and half year ended 30th September, 2025
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Announcement under Regulation 30 (LODR)-Credit Rating
14 Nov - 14 Nov 2025: Crisil and Ind‑Ra affirmed/assigned AA-/Stable and A1+; bank facilities Rs.117cr, CP Rs.200/150/50cr.
- Unaudited Standalone And Consolidated Financial Results For The Second Quarter And Half Year Ended 30Th September 2025 14 Nov
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Board Meeting Outcome for Outcome Of Board Meeting
14 Nov - Board approved unaudited Q2 and H1 results to 30 Sep 2025; consolidated H1 PAT ₹1,063.63 crore; limited review attached.
Annual reports
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Financial Year 2025
from bse
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
from bse
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Financial Year 2013
from bse
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Financial Year 2012
from bse
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Financial Year 2011
from nse
Concalls
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Sep 2023TranscriptPPT
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Aug 2022TranscriptPPT
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Jul 2020TranscriptPPT
Part of the Wadia Group
The company is one of the flagship entities of the Wadia Group and has been in existence for over 150 years. The Wadia Group is one of the oldest conglomerates in India, with a diversified presence in consumer goods, healthcare, real estate, aviation, chemicals, and auto-electrical components. [1] [2]