BEW Engineering Ltd
Incorporated in 2011, BEW Engineering Ltd designs and manufactures special range of filtration mixing and drying equipments[1]
- Market Cap ₹ 61.0 Cr.
- Current Price ₹ 46.6
- High / Low ₹ 147 / 45.6
- Stock P/E 16.1
- Book Value ₹ 108
- Dividend Yield 0.00 %
- ROCE 4.43 %
- ROE 2.71 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 0.43 times its book value
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 10.1% over last 3 years.
- Company might be capitalizing the interest cost
- Debtor days have increased from 91.4 to 126 days.
- Promoter holding has decreased over last 3 years: -14.4%
* 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
Industrials Capital Goods Industrial Manufacturing Industrial Products
Part of Nifty SME Emerge
Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| 52 | 51 | 59 | 59 | 99 | 106 | 121 | 134 | 186 | |
| 48 | 46 | 55 | 51 | 88 | 91 | 97 | 114 | 176 | |
| Operating Profit | 4 | 5 | 4 | 8 | 11 | 15 | 24 | 20 | 10 |
| OPM % | 7% | 9% | 7% | 14% | 11% | 14% | 20% | 15% | 5% |
| 0 | 0 | 0 | 0 | 1 | 1 | 0 | 1 | 0 | |
| Interest | 2 | 3 | 3 | 3 | 3 | 5 | 5 | 4 | 4 |
| Depreciation | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Profit before tax | 1 | 1 | 1 | 4 | 8 | 10 | 18 | 16 | 5 |
| Tax % | 27% | 18% | 27% | 40% | 28% | 25% | 25% | 24% | 25% |
| 1 | 1 | 1 | 2 | 6 | 7 | 14 | 12 | 4 | |
| EPS in Rs | 1.28 | 1.20 | 1.12 | 3.09 | 5.48 | 7.11 | 11.69 | 9.30 | 2.89 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 26% |
| 3 Years: | 21% |
| TTM: | 38% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 10% |
| 3 Years: | -20% |
| TTM: | -69% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | -11% |
| 3 Years: | -51% |
| 1 Year: | -68% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 13% |
| 3 Years: | 10% |
| Last Year: | 3% |
Balance Sheet
Figures in Rs. Crores
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 1 | 1 | 1 | 2 | 3 | 3 | 3 | 13 | 13 |
| Reserves | 3 | 4 | 4 | 8 | 17 | 24 | 68 | 125 | 128 |
| 14 | 22 | 24 | 29 | 27 | 42 | 66 | 58 | 63 | |
| 17 | 24 | 31 | 34 | 47 | 60 | 29 | 24 | 65 | |
| Total Liabilities | 35 | 51 | 61 | 73 | 94 | 129 | 166 | 220 | 269 |
| 12 | 12 | 12 | 11 | 10 | 11 | 11 | 42 | 60 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 13 | 0 | 0 |
| Investments | 0 | 0 | 0 | 2 | 3 | 3 | 8 | 8 | 7 |
| 23 | 39 | 49 | 59 | 80 | 115 | 134 | 170 | 202 | |
| Total Assets | 35 | 51 | 61 | 73 | 94 | 129 | 166 | 220 | 269 |
Cash Flows
Figures in Rs. Crores
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| 2 | -4 | 2 | 8 | 2 | -0 | -8 | -31 | 28 | |
| 0 | -1 | -0 | -0 | -1 | -1 | -19 | -19 | -17 | |
| -1 | 5 | -0 | -9 | -1 | 2 | 27 | 50 | -8 | |
| Net Cash Flow | 1 | 1 | 1 | -1 | -0 | 0 | 1 | 0 | 2 |
| Free Cash Flow | 2 | -5 | 1 | 8 | 2 | -2 | -22 | -50 | 8 |
| CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit | 79% | -75% | 44% | 112% | 38% | 14% | -13% | -134% | 305% |
Ratios
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 30 | 33 | 17 | 23 | 17 | 44 | 39 | 110 | 126 |
| Inventory Days | 136 | 238 | 276 | 389 | 304 | 394 | 459 | 436 | 291 |
| Days Payable | 122 | 137 | 159 | 163 | 165 | 196 | 80 | 42 | 125 |
| Cash Conversion Cycle | 43 | 133 | 135 | 248 | 157 | 241 | 417 | 504 | 292 |
| Working Capital Days | 14 | 53 | 33 | 23 | 42 | 84 | 156 | 270 | 157 |
| ROCE % | 17% | 14% | 22% | 26% | 25% | 23% | 12% | 4% |
Insights
In beta| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Number of Equipments (Units) units |
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| Export Revenue Share % of revenue |
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| Manufacturing Facility Area Sq. mtrs. |
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| Order Book Rs. Crore |
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| API & Pharma Revenue Share % of revenue |
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| Dryer Revenue Share % of revenue |
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| Market Share in Indian Dryer Market % |
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| Specialty Chemical Revenue Share % of revenue |
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Extracted by Screener AI
Documents
Announcements
-
Certificate under SEBI (Depositories and Participants) Regulations, 2018
- Regulation 74(5) certificate for quarter ended September 30, 2026; all shares remain in demat form.
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Quarterly Compliance Report on Corporate governance - within 21 days from the end of the quarter
- Submitted certificate for non-applicability of corporate governance for quarter ended September 30, 2026.
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Shareholders meeting
- 15th AGM resolutions approved; includes auditor appointment and director reappointments.
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Shareholders meeting
- BEW Engineering held its 15th AGM on September 26, 2026; e-voting results to be declared within two working days.
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Trading Window
- Trading window closes from October 1, 2026 for half-year unaudited results ending September 30, 2026.
Annual reports
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Annual Report 2026
from nse
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Annual Report 2025
from nse
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Annual Report 2024
from nse
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Annual Report 2023
from nse
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Annual Report 2022
from nse
Concalls
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Jun 2026Transcript PPT
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Nov 2025Transcript PPT REC
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May 2025Transcript PPT REC
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Nov 2024Transcript PPT REC
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May 2024Transcript PPT REC
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May 2024PPT
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May 2024PPT
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Jul 2023PPT
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Oct 2022PPT
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Oct 2022PPT
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May 2022PPT
Business Overview:[1]
BEWEL is engaged in the business as a designer & manufacturer of the process equipment for Pharmaceutical & Chemical Industry. Currently, it holds 40% market share of Total Dryer Market in India.