BCL Industries Ltd
Incorporated in 1976, BCL Industries Ltd Limited is a part of Mittal group. The company is in the edible oil and distillery business in India.
- Market Cap ₹ 1,555 Cr.
- Current Price ₹ 61.4
- High / Low ₹ 62.4 / 28.5
- Stock P/E 18.5
- Book Value ₹ 21.8
- Dividend Yield 0.81 %
- ROCE 13.9 %
- ROE 16.1 %
- Face Value ₹ 1.00
Pros
- Company has delivered good profit growth of 30.0% CAGR over last 5 years
- Company has been maintaining a healthy dividend payout of 20.4%
- Debtor days have improved from 23.9 to 18.7 days.
Cons
- Promoter holding has decreased over last quarter: -0.95%
- Company might be capitalizing the interest cost
* 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: Edible Oil Industry: Solvent Extraction
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 | TTM | |
---|---|---|---|---|---|---|---|---|
642 | 844 | 890 | 913 | 1,427 | 1,988 | 1,818 | 1,900 | |
605 | 797 | 817 | 857 | 1,359 | 1,850 | 1,695 | 1,726 | |
Operating Profit | 37 | 47 | 74 | 56 | 69 | 138 | 124 | 174 |
OPM % | 6% | 6% | 8% | 6% | 5% | 7% | 7% | 9% |
5 | 7 | 8 | 7 | 28 | 8 | 7 | 6 | |
Interest | 21 | 21 | 19 | 15 | 26 | 18 | 20 | 28 |
Depreciation | 9 | 11 | 11 | 14 | 13 | 15 | 25 | 31 |
Profit before tax | 11 | 22 | 52 | 35 | 58 | 113 | 85 | 121 |
Tax % | 14% | 18% | 20% | 26% | 27% | 25% | 25% | |
10 | 18 | 41 | 26 | 42 | 85 | 64 | 87 | |
EPS in Rs | 0.69 | 1.14 | 2.37 | 1.35 | 1.75 | 3.51 | 2.74 | 3.46 |
Dividend Payout % | 14% | 0% | 5% | 0% | 29% | 14% | 18% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 17% |
3 Years: | 26% |
TTM: | 0% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 30% |
3 Years: | 36% |
TTM: | 32% |
Stock Price CAGR | |
---|---|
10 Years: | 45% |
5 Years: | 44% |
3 Years: | 104% |
1 Year: | 58% |
Return on Equity | |
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10 Years: | % |
5 Years: | 19% |
3 Years: | 20% |
Last Year: | 16% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|
Equity Capital | 14 | 16 | 17 | 19 | 24 | 24 | 24 | 25 |
Reserves | 84 | 116 | 165 | 198 | 261 | 342 | 407 | 527 |
Preference Capital | 0 | 3 | 3 | 3 | 3 | 3 | 6 | |
217 | 225 | 189 | 175 | 180 | 257 | 432 | 509 | |
166 | 139 | 188 | 212 | 167 | 133 | 233 | 170 | |
Total Liabilities | 481 | 495 | 560 | 604 | 632 | 758 | 1,096 | 1,231 |
85 | 136 | 138 | 129 | 129 | 153 | 339 | 557 | |
CWIP | 54 | 5 | 10 | 19 | 29 | 166 | 212 | 51 |
Investments | 25 | 33 | 34 | 36 | 26 | 5 | 7 | 10 |
317 | 321 | 377 | 420 | 448 | 433 | 537 | 614 | |
Total Assets | 481 | 495 | 560 | 604 | 632 | 758 | 1,096 | 1,231 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|
43 | 10 | 53 | 29 | 5 | 95 | 35 | |
-45 | -40 | -19 | -13 | -13 | -145 | -256 | |
16 | 16 | -25 | -21 | 6 | 62 | 206 | |
Net Cash Flow | 13 | -14 | 8 | -6 | -2 | 12 | -16 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|
Debtor Days | 27 | 18 | 25 | 14 | 34 | 19 | 19 |
Inventory Days | 169 | 142 | 138 | 165 | 75 | 43 | 83 |
Days Payable | 93 | 55 | 79 | 76 | 30 | 17 | 32 |
Cash Conversion Cycle | 102 | 106 | 84 | 103 | 80 | 44 | 70 |
Working Capital Days | 85 | 83 | 72 | 75 | 69 | 48 | 71 |
ROCE % | 13% | 19% | 13% | 19% | 23% | 14% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
4h - Details of order book w.r.t the supply of ethanol to OMC''s by the Company alongwith its subsidiary Company
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Announcement under Regulation 30 (LODR)-Press Release / Media Release (Revised)
1d - -Regarding Order Book For Supply Of Ethanol to OMC''s
- Announcement under Regulation 30 (LODR)-Press Release / Media Release 1d
- Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome 13 Nov
- Announcement under Regulation 30 (LODR)-Newspaper Publication 13 Nov
Annual reports
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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
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2010
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Financial Year 2009
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Concalls
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Nov 2023Transcript PPT
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Nov 2018Transcript PPT
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Aug 2018TranscriptNotesPPT
Business Segments[1]
BCL is one of the largest agro processing company in North India. They operate in 3 segments:
Edible Oil and Vanaspati: Manufactures Vanaspati, Refined oil, and oil & solvent extraction from seeds and rice.
Distillery: Manufactures Ethanol, Extra Neutral Alcohol (ENA) and bottling of liquor in Punjab.
Real Estate: Undertook two large real estate projects in Bhatinda, Punjab.