Bhansali Engineering Polymers Ltd

₹ 101 5.25%

09 Jul - close price

About

Bhansali Engineering Polymers Ltd is engaged in manufacturing and sale of ABS Resins, AES Resins, ASA resins, SAN resins and their alloys with other plastics in the Indian market.
Its customers include leading companies dealing in Automobiles, Home Appliances, Electronics, Healthcare and Kitchenware.^[1]

Key Points

Company Overview:^[1]
The company is a manufacturer of Acrylonitrile Butadiene Styrene (ABS) resins and has a diversified portfolio of high-performance engineering polymers. It supplies 80+ variants of ABS and specialty polymers.

Website BSE NSE

Market Cap ₹ 2,520 Cr.
Current Price ₹ 101
High / Low ₹ 118 / 74.2
Stock P/E 14.0
Book Value ₹ 43.5
Dividend Yield 3.95 %
ROCE 23.8 %
ROE 17.3 %
Face Value ₹ 1.00

Add ratio to table

Edit ratios

Pros

Company is almost debt free.
Company has been maintaining a healthy dividend payout of 55.3%

Cons

The company has delivered a poor sales growth of -0.25% over past five years.

* 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

Commodities Chemicals Chemicals & Petrochemicals Petrochemicals

Part of BSE Commodities BSE 1000

Edit Columns

Loading peers table ...

Detailed Comparison with:

Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026
	328	294	314	292	321	340	367	346	345	308	325	301	342
	306	238	257	245	270	278	314	294	297	255	276	251	278
Operating Profit	22	57	58	47	51	62	53	52	48	53	49	51	64
OPM %	7%	19%	18%	16%	16%	18%	14%	15%	14%	17%	15%	17%	19%
	8	13	9	10	9	12	12	7	8	12	8	10	10
Interest	0	0	0	0	0	0	0	0	0	0	0	0	0
Depreciation	2	2	2	2	2	2	2	2	2	2	2	2	2
Profit before tax	27	67	64	54	58	71	63	56	54	63	55	58	72
Tax %	49%	24%	26%	26%	28%	25%	25%	28%	27%	26%	27%	28%	28%
	14	50	48	40	41	53	47	41	39	47	40	42	52
EPS in Rs	0.57	2.02	1.93	1.61	1.66	2.13	1.89	1.63	1.58	1.88	1.61	1.69	2.08
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	601	531	626	1,032	1,225	1,104	1,292	1,394	1,363	1,222	1,398	1,276
	575	493	562	877	1,146	1,018	845	931	1,186	1,010	1,183	1,060
Operating Profit	25	37	64	154	79	86	447	463	177	212	215	216
OPM %	4%	7%	10%	15%	6%	8%	35%	33%	13%	17%	15%	17%
	2	3	8	14	7	6	10	19	29	41	38	40
Interest	14	11	10	8	1	0	1	0	1	0	0	0
Depreciation	5	6	5	6	7	10	10	10	10	10	9	8
Profit before tax	9	23	57	154	77	83	446	472	195	243	244	248
Tax %	38%	29%	37%	35%	40%	19%	25%	26%	30%	26%	26%	27%
	5	17	36	100	47	67	333	349	136	180	180	180
EPS in Rs	0.22	0.67	1.43	4.00	1.87	2.68	13.40	14.04	5.46	7.22	7.23	7.25
Dividend Payout %	31%	10%	9%	5%	18%	12%	5%	14%	207%	55%	55%	55%

Compounded Sales Growth
10 Years:	9%
5 Years:	0%
3 Years:	-2%
TTM:	-9%

Compounded Profit Growth
10 Years:	27%
5 Years:	-12%
3 Years:	10%
TTM:	0%

Stock Price CAGR
10 Years:	21%
5 Years:	-4%
3 Years:	3%
1 Year:	-11%

Return on Equity
10 Years:	25%
5 Years:	21%
3 Years:	18%
Last Year:	17%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	17	17	17	17	17	17	17	17	17	25	25	25
Reserves	169	111	146	242	282	340	664	964	1,050	896	976	1,057
	42	32	137	0	0	0	0	0	0	0	0	0
	169	191	121	166	230	297	96	127	99	133	102	202
Total Liabilities	396	350	421	424	529	653	777	1,107	1,165	1,054	1,102	1,284
	122	82	93	107	144	150	141	145	140	133	137	133
CWIP	0	0	0	6	0	2	0	0	0	19	11	31
Investments	1	2	2	2	2	2	2	1	1	1	1	1
	273	267	326	309	384	500	634	962	1,024	902	953	1,120
Total Assets	396	350	421	424	529	653	777	1,107	1,165	1,054	1,102	1,284

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	36	56	78	192	53	88	103	298	140	230	108	167
	-6	-35	-12	-16	-55	-43	-21	-300	-15	45	236	-29
	-33	-23	-65	-149	-7	-10	-9	-50	-50	-324	-100	-100
Net Cash Flow	-3	-2	2	27	-8	35	74	-52	75	-49	244	39
Free Cash Flow	33	22	64	164	17	72	103	284	135	209	102	132
CFO/OP	147%	160%	143%	152%	109%	127%	48%	91%	112%	138%	80%	108%

Ratios

Standalone Figures in Rs. Crores / View Consolidated

	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor Days	89	91	80	66	67	51	82	74	64	69	67	73
Inventory Days	54	74	94	39	36	85	60	96	63	60	44	79
Days Payable	116	158	67	62	70	111	19	34	23	40	21	65
Cash Conversion Cycle	27	6	107	43	33	25	123	136	104	89	89	86
Working Capital Days	32	22	34	44	45	44	107	157	136	148	117	129
ROCE %	9%	18%	29%	58%	28%	25%	86%	57%	19%	24%	25%	24%

Insights

In beta

Mar 2015

Mar 2016

Mar 2017

Mar 2018

Mar 2019

Mar 2020

Mar 2021

Mar 2022

Mar 2023

Mar 2024

Mar 2025

Mar 2026

Installed Capacity
TPA

xx,xxx	xx,xxx	xx,xxx	xxx,xxx	xxx,xxx	xxx,xxx	xxx,xxx	xx,xxx	xx,xxx	xx,xxx	xx,xxx	xx,xxx
xxx	xxx	xxx	xxx	xxx	xxx	xxx	xxx	xxx	xxx	xxx	xxx
xx,xxx.xx	xx,xxx.xx	xx,xxx.xx	xx,xxx.xx	xx,xxx.xx			xx,xxx.xx	xx,xxx.xx	xx,xxx.xx	xx,xxx.xx	xx,xxx.xx
						xx	xx	xx	xx	xx	xx
						x	x	x	x	x	x
			xx,xxx.xx					xx,xxx.xx	xx,xxx.xx	xx,xxx.xx	xx,xxx.xx
				xx.xx				xx.xx			xx.xx
		xx.xx						xx.xx	xxx.xx
				x.xx	x.xx	x.xx	x.xx	x.xx	x.xx	x.xx

Please log in to see hidden values.

Permanent Employees
count

Sales Volume
MT

New Color Grades Commercialized
count

New Product Grades Commercialized
count

Production Volume
MT

ABS Share of Revenue
%

Capacity Utilization
%

R&D Expenditure (Percentage of Turnover)
%

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026
	57.48%	57.48%	57.48%	57.48%	57.48%	57.48%	57.48%	57.48%	57.48%	57.48%	57.48%	57.48%
	1.03%	0.95%	1.13%	1.12%	2.09%	1.66%	1.50%	1.53%	1.44%	1.42%	1.13%	1.36%
	0.00%	0.04%	0.05%	0.06%	0.07%	0.13%	0.10%	0.11%	0.13%	0.00%	0.00%	0.00%
	41.51%	41.54%	41.35%	41.35%	40.36%	40.75%	40.92%	40.90%	40.97%	41.10%	41.36%	41.16%
No. of Shareholders	1,07,525	1,13,641	1,15,630	1,22,680	1,08,352	1,26,905	1,23,006	1,21,805	1,19,830	1,17,420	1,16,273	1,13,545

	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	55.69%	55.00%	55.00%	56.45%	56.45%	56.64%	56.71%	57.48%	57.48%	57.48%
	0.00%	2.25%	2.75%	1.10%	0.95%	1.01%	0.93%	1.12%	1.53%	1.36%
	0.75%	0.80%	1.69%	0.17%	0.02%	0.01%	0.00%	0.06%	0.11%	0.00%
	43.56%	41.95%	40.56%	42.28%	42.58%	42.33%	42.38%	41.35%	40.90%	41.16%
No. of Shareholders	27,195	55,607	59,704	53,494	55,773	1,09,484	1,05,938	1,22,680	1,21,805	1,13,545

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Bhansali Engineering Polymers Ltd

Bhansali Engineering Polymers Ltd

Peer comparison

Quarterly Results

Profit & Loss

Balance Sheet

Cash Flows

Ratios

Insights

Shareholding Pattern

Documents

Announcements

Annual reports

Credit ratings

Concalls