BSL Ltd
Incorporated in 1971, BSL Ltd is a vertically integrated textile company manufacturing Poly Viscose, Worsted, Fashion Fabrics and Yarns[1]
- Market Cap ₹ 203 Cr.
- Current Price ₹ 198
- High / Low ₹ 333 / 126
- Stock P/E 32.2
- Book Value ₹ 116
- Dividend Yield 0.40 %
- ROCE 7.73 %
- ROE 6.79 %
- Face Value ₹ 10.0
Pros
Cons
- Company has low interest coverage ratio.
- Company has a low return on equity of 11.6% over last 3 years.
- 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
Consumer Discretionary Textiles Textiles & Apparels Other Textile Products
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 338 | 380 | 378 | 440 | 403 | 437 | 390 | 321 | 436 | 472 | 666 | 667 | 661 | |
| 304 | 342 | 342 | 404 | 373 | 407 | 361 | 292 | 396 | 418 | 601 | 607 | 605 | |
| Operating Profit | 34 | 38 | 36 | 36 | 30 | 31 | 29 | 29 | 40 | 53 | 65 | 60 | 57 |
| OPM % | 10% | 10% | 10% | 8% | 7% | 7% | 7% | 9% | 9% | 11% | 10% | 9% | 9% |
| 2 | 2 | 3 | 4 | 3 | 4 | 1 | 1 | 2 | -1 | 1 | 1 | 1 | |
| Interest | 17 | 14 | 14 | 15 | 14 | 18 | 18 | 17 | 14 | 19 | 33 | 32 | 31 |
| Depreciation | 15 | 20 | 14 | 16 | 17 | 16 | 13 | 12 | 12 | 11 | 18 | 18 | 18 |
| Profit before tax | 4 | 6 | 11 | 9 | 2 | 1 | -1 | 1 | 16 | 23 | 15 | 11 | 8 |
| Tax % | 13% | -28% | 35% | 35% | 41% | 25% | -290% | -10% | 28% | 25% | 25% | 24% | |
| 3 | 7 | 7 | 6 | 1 | 1 | 2 | 1 | 11 | 17 | 11 | 8 | 6 | |
| EPS in Rs | 3.26 | 6.99 | 6.92 | 5.75 | 1.00 | 0.85 | 1.61 | 1.32 | 11.15 | 16.43 | 10.91 | 7.93 | 6.14 |
| Dividend Payout % | 31% | 17% | 17% | 21% | 100% | 0% | 0% | 0% | 11% | 9% | 9% | 10% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 6% |
| 5 Years: | 11% |
| 3 Years: | 15% |
| TTM: | -1% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 1% |
| 5 Years: | 36% |
| 3 Years: | -11% |
| TTM: | -44% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 12% |
| 5 Years: | 45% |
| 3 Years: | 12% |
| 1 Year: | -25% |
| Return on Equity | |
|---|---|
| 10 Years: | 7% |
| 5 Years: | 10% |
| 3 Years: | 12% |
| Last Year: | 7% |
Balance Sheet
Figures in Rs. Crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 |
| Reserves | 57 | 57 | 63 | 69 | 67 | 66 | 65 | 68 | 79 | 94 | 102 | 109 |
| 142 | 144 | 139 | 177 | 211 | 172 | 161 | 161 | 186 | 346 | 437 | 421 | |
| 53 | 42 | 42 | 70 | 47 | 78 | 84 | 49 | 77 | 89 | 68 | 86 | |
| Total Liabilities | 261 | 254 | 255 | 326 | 335 | 327 | 321 | 288 | 352 | 538 | 618 | 627 |
| 107 | 94 | 106 | 111 | 115 | 100 | 89 | 78 | 74 | 229 | 231 | 219 | |
| CWIP | 0 | 3 | 2 | 4 | 1 | 1 | 0 | 0 | 7 | 0 | 0 | 6 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 154 | 156 | 146 | 211 | 220 | 226 | 231 | 210 | 270 | 309 | 386 | 402 | |
| Total Assets | 261 | 254 | 255 | 326 | 335 | 327 | 321 | 288 | 352 | 538 | 618 | 627 |
Cash Flows
Figures in Rs. Crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 32 | 24 | 44 | 11 | 37 | 20 | 29 | 17 | 3 | 19 | -39 | 57 | |
| -4 | -14 | -26 | -24 | -17 | -0 | -2 | -1 | -15 | -160 | -20 | -11 | |
| -27 | -11 | -18 | 13 | -21 | -20 | -27 | -15 | 13 | 141 | 60 | -46 | |
| Net Cash Flow | 0 | 0 | 0 | 0 | -0 | -0 | 0 | -0 | 0 | -0 | -0 | -0 |
Ratios
Figures in Rs. Crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 53 | 57 | 57 | 72 | 78 | 70 | 65 | 79 | 75 | 75 | 79 | 72 |
| Inventory Days | 163 | 136 | 128 | 177 | 206 | 190 | 266 | 272 | 244 | 305 | 206 | 237 |
| Days Payable | 51 | 28 | 24 | 68 | 25 | 76 | 102 | 48 | 82 | 76 | 24 | 44 |
| Cash Conversion Cycle | 166 | 165 | 162 | 181 | 260 | 184 | 229 | 303 | 237 | 304 | 260 | 264 |
| Working Capital Days | 25 | 18 | 16 | 15 | 16 | 13 | 13 | 42 | 38 | 29 | 21 | 19 |
| ROCE % | 10% | 9% | 12% | 10% | 5% | 6% | 7% | 8% | 12% | 12% | 9% | 8% |
Documents
Announcements
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Board Meeting Intimation for Approve The Un-Audited Financial Results Of The Company For The Quarter And Half Year Ended On 30Th September, 2025.
1d - Board meeting 12 Nov 2025 to approve unaudited Q2/H1 results ended 30 Sep 2025; trading window closed Oct 1–Nov 14.
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RTA Report On Re-Lodgment Of Transfer Requests Of Physical Shares
17 Oct - RTA reports zero re-lodgement requests for physical transfers from 07.09.2025 to 06.10.2025.
- Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 7 Oct
-
Closure of Trading Window
26 Sep - Trading window closed from 1 Oct 2025 until 48 hours after Q2/September 2025 results.
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RTA Report On Re-Lodgment Of Transfer Requests Of Physical Shares.
16 Sep - SEBI relodgement report (07.08.2025–06.09.2025): zero physical transfer requests received/processed/approved/rejected.
Annual reports
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Financial Year 2025
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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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Concalls
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Aug 2025TranscriptNotesPPT
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May 2025TranscriptNotesPPT
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Feb 2025TranscriptNotesPPT
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Nov 2024TranscriptNotesPPT
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Aug 2024TranscriptNotesPPT
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May 2024TranscriptNotesPPT
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Feb 2024TranscriptNotesPPT
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Nov 2023TranscriptNotesPPT
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Aug 2023TranscriptNotesPPT
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Aug 2023TranscriptNotesPPT
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May 2023Transcript PPT
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May 2023TranscriptNotesPPT
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Feb 2023TranscriptNotesPPT
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Nov 2022TranscriptNotesPPT
Business Overview:[1]
BSL is an IS/ISO 9001-2008 certified manufacturer of textile products ranging from synthetic, worsted, and now cotton yarn to synthetic & worsted suiting's and a variety of furnishing fabrics. It is a supplier of furnishing fabrics to IKEA and to 25 other nations