BCL Industries Ltd
BCL Industries Limited is one of India’s largest agro-processing manufacturing companies with diverse businesses and vertical integrations. Established in 1976, BCL Industries Limited is engaged in Edible Oils, Rice Milling, grain-based Distillery and Real Estate. It is present in Punjab and West Bengal.
- Market Cap ₹ 1,692 Cr.
- Current Price ₹ 57.3
- High / Low ₹ 86.3 / 45.1
- Stock P/E 17.9
- Book Value ₹ 23.1
- Dividend Yield 0.44 %
- ROCE 16.3 %
- ROE 17.1 %
- Face Value ₹ 1.00
Pros
- Promoter holding has increased by 3.39% over last quarter.
Cons
- 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: Diversified Industry: Diversified - Medium / Small
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 | TTM | |
---|---|---|---|---|---|---|---|---|---|
642 | 844 | 890 | 913 | 1,427 | 1,988 | 1,818 | 2,129 | 2,336 | |
605 | 797 | 817 | 857 | 1,359 | 1,850 | 1,695 | 1,938 | 2,130 | |
Operating Profit | 37 | 47 | 74 | 56 | 69 | 138 | 124 | 191 | 206 |
OPM % | 6% | 6% | 8% | 6% | 5% | 7% | 7% | 9% | 9% |
5 | 7 | 8 | 7 | 28 | 8 | 7 | 7 | 8 | |
Interest | 21 | 21 | 19 | 15 | 26 | 18 | 20 | 33 | 37 |
Depreciation | 9 | 11 | 11 | 14 | 13 | 15 | 25 | 36 | 40 |
Profit before tax | 11 | 22 | 52 | 35 | 58 | 113 | 85 | 130 | 136 |
Tax % | 14% | 18% | 20% | 26% | 27% | 25% | 25% | 26% | |
10 | 18 | 41 | 26 | 42 | 85 | 64 | 96 | 101 | |
EPS in Rs | 0.69 | 1.14 | 2.37 | 1.35 | 1.75 | 3.51 | 2.74 | 3.32 | 3.47 |
Dividend Payout % | 14% | 0% | 5% | 0% | 29% | 14% | 18% | 8% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 19% |
3 Years: | 14% |
TTM: | 25% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 17% |
3 Years: | 29% |
TTM: | 44% |
Stock Price CAGR | |
---|---|
10 Years: | 30% |
5 Years: | 51% |
3 Years: | 33% |
1 Year: | 7% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 18% |
3 Years: | 19% |
Last Year: | 17% |
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 | |
---|---|---|---|---|---|---|---|---|
Equity Capital | 14 | 16 | 17 | 19 | 24 | 24 | 24 | 27 |
Reserves | 84 | 116 | 165 | 198 | 261 | 342 | 407 | 603 |
217 | 228 | 192 | 178 | 183 | 260 | 438 | 477 | |
166 | 136 | 185 | 209 | 164 | 130 | 227 | 193 | |
Total Liabilities | 481 | 495 | 560 | 604 | 632 | 758 | 1,096 | 1,301 |
85 | 136 | 138 | 129 | 129 | 153 | 339 | 641 | |
CWIP | 54 | 5 | 10 | 19 | 29 | 166 | 212 | 13 |
Investments | 25 | 33 | 34 | 36 | 26 | 5 | 7 | 10 |
317 | 321 | 377 | 420 | 448 | 433 | 537 | 637 | |
Total Assets | 481 | 495 | 560 | 604 | 632 | 758 | 1,096 | 1,301 |
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 | |
---|---|---|---|---|---|---|---|---|
43 | 10 | 53 | 29 | 5 | 95 | 29 | 39 | |
-45 | -40 | -19 | -13 | -13 | -145 | -250 | -131 | |
16 | 16 | -25 | -21 | 6 | 62 | 206 | 92 | |
Net Cash Flow | 13 | -14 | 8 | -6 | -2 | 12 | -16 | 0 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|
Debtor Days | 27 | 18 | 25 | 14 | 34 | 19 | 19 | 21 |
Inventory Days | 169 | 142 | 138 | 165 | 75 | 43 | 83 | 88 |
Days Payable | 93 | 55 | 79 | 76 | 30 | 17 | 32 | 22 |
Cash Conversion Cycle | 102 | 106 | 84 | 103 | 80 | 44 | 70 | 87 |
Working Capital Days | 85 | 83 | 72 | 75 | 69 | 48 | 71 | 86 |
ROCE % | 13% | 19% | 13% | 19% | 23% | 14% | 16% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Acquisition
1d - BCL Industries acquires Goyal Distillery for ethanol production.
- Closure of Trading Window 27 Sep
- Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 27 Sep
- Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 25 Sep
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
23 Sep - Schedule of Analysts/Institutional Investors Meeting on 26th September 2024.
Annual reports
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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
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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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Concalls
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Aug 2024Transcript PPT REC
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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.