BCL Industries Ltd
Incorporated in 1975, BCL Industries
Ltd is in the business of Distillery,
Oil and Refinery, and Real estate
development[1]
- Market Cap ₹ 1,145 Cr.
- Current Price ₹ 38.8
- High / Low ₹ 58.3 / 33.0
- Stock P/E 11.1
- Book Value ₹ 27.2
- Dividend Yield 0.67 %
- ROCE 13.2 %
- ROE 13.0 %
- Face Value ₹ 1.00
Pros
Cons
- Company might be capitalizing the interest cost
- Dividend payout has been low at 11.3% of profits over last 3 years
- Promoter holding has decreased over last 3 years: -3.33%
* 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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|
| 642 | 844 | 890 | 913 | 1,427 | 1,988 | 1,818 | 2,129 | 2,815 | 2,971 | |
| 605 | 797 | 817 | 857 | 1,359 | 1,850 | 1,695 | 1,938 | 2,611 | 2,767 | |
| Operating Profit | 37 | 47 | 74 | 56 | 69 | 138 | 124 | 191 | 205 | 204 |
| OPM % | 6% | 6% | 8% | 6% | 5% | 7% | 7% | 9% | 7% | 7% |
| 5 | 7 | 8 | 7 | 28 | 8 | 7 | 7 | 9 | 10 | |
| Interest | 21 | 21 | 19 | 15 | 26 | 18 | 20 | 33 | 31 | 27 |
| Depreciation | 9 | 11 | 11 | 14 | 13 | 15 | 25 | 36 | 46 | 47 |
| Profit before tax | 11 | 22 | 52 | 35 | 58 | 113 | 85 | 130 | 137 | 141 |
| Tax % | 14% | 18% | 20% | 26% | 27% | 25% | 25% | 26% | 25% | |
| 10 | 18 | 41 | 26 | 42 | 85 | 64 | 96 | 103 | 112 | |
| EPS in Rs | 0.69 | 1.14 | 2.37 | 1.35 | 1.75 | 3.51 | 2.74 | 3.32 | 3.22 | 3.49 |
| Dividend Payout % | 14% | 0% | 5% | 0% | 29% | 14% | 18% | 8% | 8% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 25% |
| 3 Years: | 12% |
| TTM: | 27% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 30% |
| 3 Years: | 4% |
| TTM: | 9% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 31% |
| 5 Years: | 46% |
| 3 Years: | 5% |
| 1 Year: | -33% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 16% |
| 3 Years: | 15% |
| Last Year: | 13% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 14 | 16 | 17 | 19 | 24 | 24 | 24 | 27 | 30 |
| Reserves | 84 | 116 | 165 | 198 | 261 | 342 | 456 | 624 | 772 |
| 217 | 228 | 192 | 178 | 183 | 260 | 438 | 477 | 536 | |
| 166 | 136 | 185 | 209 | 164 | 130 | 177 | 172 | 217 | |
| Total Liabilities | 481 | 495 | 560 | 604 | 632 | 758 | 1,096 | 1,301 | 1,555 |
| 85 | 136 | 138 | 129 | 129 | 153 | 339 | 641 | 634 | |
| CWIP | 54 | 5 | 10 | 19 | 29 | 166 | 212 | 13 | 110 |
| Investments | 25 | 33 | 34 | 36 | 26 | 5 | 7 | 10 | 11 |
| 317 | 321 | 377 | 420 | 448 | 433 | 537 | 637 | 800 | |
| Total Assets | 481 | 495 | 560 | 604 | 632 | 758 | 1,096 | 1,301 | 1,555 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|
| 43 | 10 | 53 | 29 | 5 | 95 | 29 | 39 | 63 | |
| -45 | -40 | -19 | -13 | -13 | -145 | -250 | -131 | -129 | |
| 16 | 16 | -25 | -21 | 6 | 62 | 206 | 92 | 83 | |
| Net Cash Flow | 13 | -14 | 8 | -6 | -2 | 12 | -16 | 0 | 17 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 27 | 18 | 25 | 14 | 34 | 19 | 19 | 21 | 17 |
| Inventory Days | 169 | 142 | 138 | 165 | 75 | 43 | 83 | 88 | 73 |
| Days Payable | 93 | 55 | 79 | 76 | 30 | 17 | 32 | 22 | 21 |
| Cash Conversion Cycle | 102 | 106 | 84 | 103 | 80 | 44 | 70 | 87 | 69 |
| Working Capital Days | 23 | 27 | 29 | 35 | 37 | 19 | 29 | 47 | 41 |
| ROCE % | 13% | 19% | 13% | 19% | 23% | 13% | 16% | 13% |
Documents
Announcements
-
Board Meeting Intimation for Q2 FY25-26
3 Nov - Board meeting on 12 Nov 2025 to approve Q2 (30 Sep 2025) unaudited results.
-
Order Book Updates
29 Oct - Allocated 107,409 KL ethanol for ESY 25-26 (BCL 60,183 KL; group 47,226 KL)
-
Registration Of 60 TPH Biomass Power Plant Under International Renewable Energy Certificates (I-REC) Mechanism
14 Oct - Issued 50,077 I-RECs for Jan–Sep 2025 from 10MW Bathinda biomass plant.
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
9 Oct - Q2 FY 25-26 Certificate under Reg74(5) of SEBI (DP) Regulations 2018 .
- Shareholder Meeting / Postal Ballot-Scrutinizer''s Report 26 Sep
Annual reports
-
Financial Year 2025
from bse
-
Financial Year 2024
from bse
-
Financial Year 2023
from bse
-
Financial Year 2022
from bse
-
Financial Year 2021
from bse
-
Financial Year 2020
from bse
-
Financial Year 2019
from bse
-
Financial Year 2018
from bse
-
Financial Year 2017
from bse
-
Financial Year 2016
from bse
-
Financial Year 2015
from bse
-
Financial Year 2014
from bse
-
Financial Year 2013
from bse
-
Financial Year 2012
from bse
-
Financial Year 2011
from bse
Concalls
-
Aug 2025Transcript PPT REC
-
Jun 2025Transcript PPT REC
-
Feb 2025Transcript PPT REC
-
Nov 2024Transcript PPT
-
Aug 2024Transcript PPT REC
-
May 2024Transcript PPT REC
-
Feb 2024Transcript PPT REC
-
Feb 2024TranscriptNotesPPT
-
Nov 2023Transcript PPT REC
-
Sep 2023Transcript PPT REC
-
Aug 2023TranscriptNotesPPT
-
Jun 2023TranscriptNotesPPT
-
Jun 2023Transcript PPT REC
-
May 2023TranscriptNotesPPT
-
Feb 2023Transcript PPT REC
-
Feb 2023TranscriptNotesPPT
-
Dec 2022Transcript PPT REC
-
Nov 2022TranscriptNotesPPT
-
Oct 2022TranscriptNotesPPT
-
Aug 2022Transcript PPT REC
-
Jun 2022Transcript PPT
-
May 2022TranscriptNotesPPT REC
-
May 2022TranscriptNotesPPT
-
Mar 2022TranscriptNotesPPT
-
Jan 2022TranscriptNotesPPT
-
Nov 2021Transcript PPT
-
Aug 2021Transcript PPT
-
Aug 2021TranscriptNotesPPT
-
Jul 2021Transcript PPT
-
Jun 2021TranscriptNotesPPT
-
Jun 2021TranscriptNotesPPT
-
Mar 2021Transcript PPT
-
Feb 2021TranscriptNotesPPT
-
Nov 2020TranscriptNotesPPT
-
Sep 2020Transcript PPT
-
Jul 2020Transcript PPT
-
Feb 2020Transcript PPT
-
Dec 2019TranscriptNotesPPT
-
Nov 2019TranscriptNotesPPT
-
Aug 2019Transcript PPT
-
Jun 2019Transcript PPT
-
May 2019TranscriptNotesPPT
-
Feb 2019Transcript PPT
-
Nov 2018Transcript PPT
-
Aug 2018TranscriptNotesPPT
Business Overview:[1]
BCLIL is one of the largest agro-processing manufacturing companies in India with grain procurement expertise. It has a presence in ENA and IMIL segment being a grain-based Ethanol producers