BSL Ltd
Incorporated in 1971, BSL Ltd is a vertically integrated textile company manufacturing Poly Viscose, Worsted, Fashion Fabrics and Yarns[1]
- Market Cap ₹ 126 Cr.
- Current Price ₹ 123
- High / Low ₹ 209 / 98.0
- Stock P/E 53.0
- Book Value ₹ 117
- Dividend Yield 0.65 %
- ROCE 6.01 %
- ROE 1.99 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 1.05 times its book value
- Company's working capital requirements have reduced from 17.5 days to 12.0 days
Cons
- Company has low interest coverage ratio.
- Tax rate seems low
- Company has a low return on equity of 6.18% over last 3 years.
- Company might be capitalizing the interest cost
- Dividend payout has been low at 6.42% of profits over last 3 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
Consumer Discretionary Textiles Textiles & Apparels Other Textile Products
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 380 | 378 | 440 | 403 | 437 | 390 | 321 | 436 | 472 | 666 | 667 | 657 | |
| 342 | 342 | 404 | 373 | 407 | 361 | 292 | 396 | 418 | 601 | 607 | 608 | |
| Operating Profit | 38 | 36 | 36 | 30 | 31 | 29 | 29 | 40 | 53 | 65 | 60 | 49 |
| OPM % | 10% | 10% | 8% | 7% | 7% | 7% | 9% | 9% | 11% | 10% | 9% | 7% |
| 2 | 3 | 4 | 3 | 4 | 1 | 1 | 2 | -1 | 1 | 1 | 1 | |
| Interest | 14 | 14 | 15 | 14 | 18 | 18 | 17 | 14 | 19 | 33 | 32 | 30 |
| Depreciation | 20 | 14 | 16 | 17 | 16 | 13 | 12 | 12 | 11 | 18 | 18 | 17 |
| Profit before tax | 6 | 11 | 9 | 2 | 1 | -1 | 1 | 16 | 23 | 15 | 11 | 3 |
| Tax % | -28% | 35% | 35% | 41% | 25% | -290% | -10% | 28% | 25% | 25% | 24% | 13% |
| 7 | 7 | 6 | 1 | 1 | 2 | 1 | 11 | 17 | 11 | 8 | 2 | |
| EPS in Rs | 6.99 | 6.92 | 5.75 | 1.00 | 0.85 | 1.61 | 1.32 | 11.15 | 16.43 | 10.91 | 7.93 | 2.31 |
| Dividend Payout % | 17% | 17% | 21% | 100% | 0% | 0% | 0% | 11% | 9% | 9% | 10% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 6% |
| 5 Years: | 15% |
| 3 Years: | 12% |
| TTM: | -2% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | -10% |
| 5 Years: | 12% |
| 3 Years: | -49% |
| TTM: | -70% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 6% |
| 5 Years: | 20% |
| 3 Years: | -14% |
| 1 Year: | -28% |
| Return on Equity | |
|---|---|
| 10 Years: | 6% |
| 5 Years: | 10% |
| 3 Years: | 6% |
| Last Year: | 2% |
Balance Sheet
Figures in Rs. Crores
| 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 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 |
| Reserves | 57 | 63 | 69 | 67 | 66 | 65 | 68 | 79 | 94 | 102 | 109 | 110 |
| 144 | 139 | 177 | 211 | 172 | 161 | 161 | 186 | 346 | 437 | 421 | 439 | |
| 42 | 42 | 70 | 47 | 78 | 84 | 49 | 77 | 89 | 68 | 86 | 81 | |
| Total Liabilities | 254 | 255 | 326 | 335 | 327 | 321 | 288 | 352 | 538 | 618 | 627 | 640 |
| 94 | 106 | 111 | 115 | 100 | 89 | 78 | 74 | 229 | 231 | 219 | 231 | |
| CWIP | 3 | 2 | 4 | 1 | 1 | 0 | 0 | 7 | 0 | 0 | 6 | 17 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 156 | 146 | 211 | 220 | 226 | 231 | 210 | 270 | 309 | 386 | 402 | 393 | |
| Total Assets | 254 | 255 | 326 | 335 | 327 | 321 | 288 | 352 | 538 | 618 | 627 | 640 |
Cash Flows
Figures in Rs. Crores
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 24 | 44 | 11 | 37 | 20 | 30 | 17 | 3 | 19 | -39 | 57 | 49 | |
| -14 | -26 | -24 | -17 | -0 | -2 | -1 | -15 | -160 | -20 | -11 | -39 | |
| -11 | -18 | 13 | -21 | -20 | -27 | -15 | 13 | 141 | 60 | -46 | -10 | |
| Net Cash Flow | 0 | 0 | 0 | -0 | -0 | 2 | -0 | 0 | -0 | -0 | -0 | 0 |
| Free Cash Flow | 11 | 18 | -13 | 21 | 20 | 29 | 15 | -13 | -141 | -60 | 46 | 10 |
| CFO/OP | 67% | 127% | 38% | 128% | 69% | 104% | 52% | 17% | 43% | -59% | 94% | 100% |
Ratios
Figures in Rs. Crores
| 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 | 57 | 57 | 72 | 78 | 70 | 65 | 79 | 75 | 75 | 79 | 72 | 79 |
| Inventory Days | 136 | 128 | 177 | 206 | 190 | 266 | 272 | 244 | 305 | 206 | 237 | 216 |
| Days Payable | 28 | 24 | 68 | 25 | 76 | 102 | 48 | 82 | 76 | 24 | 44 | 37 |
| Cash Conversion Cycle | 165 | 162 | 181 | 260 | 184 | 229 | 303 | 237 | 304 | 260 | 264 | 258 |
| Working Capital Days | 18 | 16 | 15 | 16 | 13 | 13 | 42 | 38 | 29 | 21 | 19 | 12 |
| ROCE % | 9% | 12% | 10% | 5% | 6% | 7% | 8% | 12% | 12% | 9% | 8% | 6% |
Insights
In beta| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Installed Capacity - Synthetic Spinning Spindles Spindles |
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| Production Volume - Own Fabric Lac Meters |
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| Total Yarn Sales Quantity MT |
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| Fabric Revenue Contribution - Segment Mix Percentage (%) |
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| Installed Capacity - Cotton Spinning Spindles Spindles |
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| Yarn Revenue Contribution - Segment Mix Percentage (%) |
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| Production Volume - Cotton Yarn Lac Kgs |
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| R&D Expenditure (Percentage of Turnover) % |
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Extracted by Screener AI
Documents
Announcements
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Re-Lodgement Of Transfer Of Physical Securities
14h - April 2026 re-lodgement report shows zero physical share transfer requests received, processed, approved, or rejected.
- Announcement under Regulation 30 (LODR)-Newspaper Publication 15h
- Announcement under Regulation 30 (LODR)-Investor Presentation 1d
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
1d - BSL reported FY26 revenue of ₹657 Cr, EBITDA of ₹50 Cr, and Q4 PAT loss of ₹1 Cr.
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Announcement under Regulation 30 (LODR)-Change in Management
1d - BSL approved FY26 audited results, appointed auditors, and declared no dividend.
Annual reports
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Financial Year 2025
from bse
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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
from bse
Concalls
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May 2026TranscriptAI SummaryPPT
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Feb 2026TranscriptAI SummaryPPT
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Nov 2025TranscriptAI SummaryPPT
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May 2025TranscriptAI SummaryPPT
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Nov 2024TranscriptAI SummaryPPT
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Aug 2024TranscriptAI SummaryPPT
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May 2024TranscriptAI SummaryPPT
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Feb 2024TranscriptAI SummaryPPT
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Nov 2023TranscriptAI SummaryPPT
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Aug 2023TranscriptAI SummaryPPT
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Aug 2023TranscriptAI SummaryPPT
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May 2023Transcript PPT
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May 2023TranscriptAI SummaryPPT
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Feb 2023TranscriptAI SummaryPPT
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Nov 2022TranscriptAI SummaryPPT
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