Bloom Industries Ltd

Bloom Industries Ltd

₹ 37.9 -1.97%
22 Nov 4:00 p.m.
About

Incorporated in 1989, Bloom Industries Ltd does trading of Iron & Steel items[1]

Key Points

Product Profile:[1]
Company (previously known as Bakrewala Steels Private Limited) is in the business of Iron & Steel Trading

  • Market Cap 25.2 Cr.
  • Current Price 37.9
  • High / Low 57.2 / 21.7
  • Stock P/E 37.0
  • Book Value 14.4
  • Dividend Yield 0.00 %
  • ROCE 7.63 %
  • ROE 2.69 %
  • Face Value 10.0

Pros

  • Company is expected to give good quarter
  • Company's working capital requirements have reduced from 108 days to 69.8 days

Cons

  • Stock is trading at 2.63 times its book value
  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company has low interest coverage ratio.
  • Company has a low return on equity of 4.76% over last 3 years.
  • Earnings include an other income of Rs.0.67 Cr.
  • Promoter holding has decreased over last 3 years: -17.8%

* 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: Trading Industry: Trading

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Quarterly Results

Figures in Rs. Crores

Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
3.23 5.31 4.21 5.50 0.83 2.37 4.76 8.08 6.32 14.03 1.66 7.56 6.29
3.20 5.27 3.92 5.28 0.72 2.17 4.39 7.81 5.92 13.78 1.64 7.08 5.98
Operating Profit 0.03 0.04 0.29 0.22 0.11 0.20 0.37 0.27 0.40 0.25 0.02 0.48 0.31
OPM % 0.93% 0.75% 6.89% 4.00% 13.25% 8.44% 7.77% 3.34% 6.33% 1.78% 1.20% 6.35% 4.93%
0.01 0.01 0.11 0.01 0.01 0.00 0.00 0.01 0.00 0.17 0.32 0.00 0.18
Interest 0.00 0.00 0.01 0.11 0.11 0.11 0.10 0.14 0.23 0.21 0.23 0.20 0.35
Depreciation 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Profit before tax 0.04 0.05 0.39 0.12 0.01 0.09 0.27 0.14 0.17 0.21 0.11 0.28 0.14
Tax % 0.00% 0.00% 12.82% 0.00% 0.00% 0.00% 14.81% 28.57% 23.53% 4.76% -18.18% 25.00% -7.14%
0.04 0.05 0.34 0.12 0.01 0.09 0.23 0.11 0.13 0.20 0.13 0.21 0.14
EPS in Rs 0.08 0.08 0.51 0.18 0.02 0.14 0.35 0.17 0.20 0.30 0.20 0.32 0.21
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
0.24 0.26 0.22 0.29 0.19 3.57 4.43 4.62 4.86 13.45 13.45 30.08 29.54
0.26 0.28 0.34 0.36 0.35 4.05 4.80 4.93 5.12 13.08 12.54 29.12 28.48
Operating Profit -0.02 -0.02 -0.12 -0.07 -0.16 -0.48 -0.37 -0.31 -0.26 0.37 0.91 0.96 1.06
OPM % -8.33% -7.69% -54.55% -24.14% -84.21% -13.45% -8.35% -6.71% -5.35% 2.75% 6.77% 3.19% 3.59%
0.31 0.29 0.19 0.27 2.97 0.22 0.14 0.10 0.05 0.14 0.02 0.50 0.67
Interest 0.01 0.01 0.00 0.00 0.04 0.00 0.00 0.00 0.00 0.01 0.43 0.83 0.99
Depreciation 0.19 0.19 0.11 0.11 0.08 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Profit before tax 0.09 0.07 -0.04 0.09 2.69 -0.26 -0.23 -0.21 -0.21 0.50 0.50 0.63 0.74
Tax % 22.22% 14.29% 0.00% 22.22% 20.45% 0.00% 0.00% 0.00% 0.00% 10.00% 8.00% 11.11%
0.07 0.05 -0.04 0.08 2.14 -0.26 -0.23 -0.21 -0.21 0.45 0.46 0.57 0.68
EPS in Rs 0.15 0.11 -0.08 0.17 4.55 -0.55 -0.49 -0.45 -0.45 0.68 0.69 0.86 1.03
Dividend Payout % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: 61%
5 Years: 47%
3 Years: 84%
TTM: 37%
Compounded Profit Growth
10 Years: 17%
5 Years: 25%
3 Years: 46%
TTM: 21%
Stock Price CAGR
10 Years: 19%
5 Years: %
3 Years: 57%
1 Year: 65%
Return on Equity
10 Years: 1%
5 Years: 2%
3 Years: 5%
Last Year: 3%

Balance Sheet

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Sep 2024
Equity Capital 5.03 5.03 5.03 5.03 5.03 5.03 5.03 5.03 5.03 6.96 6.96 6.96 6.96
Reserves -0.79 -0.73 -0.89 -0.82 1.32 1.06 0.83 0.62 0.41 1.24 1.69 2.26 2.61
0.12 0.03 0.41 0.35 0.65 0.00 0.00 0.00 0.00 3.92 3.61 7.10 4.94
0.12 0.08 0.09 0.29 0.13 3.18 0.70 0.42 0.06 0.46 0.16 1.55 3.57
Total Liabilities 4.48 4.41 4.64 4.85 7.13 9.27 6.56 6.07 5.50 12.58 12.42 17.87 18.08
1.40 1.21 1.63 1.52 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
CWIP 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Investments 0.00 0.00 0.00 0.00 0.00 2.91 2.91 2.91 2.91 3.01 7.41 10.46 11.99
3.08 3.20 3.01 3.33 7.13 6.36 3.65 3.16 2.59 9.57 5.01 7.41 6.09
Total Assets 4.48 4.41 4.64 4.85 7.13 9.27 6.56 6.07 5.50 12.58 12.42 17.87 18.08

Cash Flows

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
-0.21 -0.36 0.48 -0.32 -1.27 2.32 -0.11 -0.16 -0.03 -1.45 0.73 0.97
0.31 0.27 -0.44 0.27 1.73 -2.70 0.14 0.10 0.05 0.04 -4.38 -3.05
-0.05 -0.02 0.00 0.00 -0.04 0.00 0.00 0.00 0.00 5.93 -0.89 2.18
Net Cash Flow 0.05 -0.11 0.04 -0.05 0.42 -0.38 0.03 -0.07 0.02 4.52 -4.54 0.10

Ratios

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 45.62 56.15 16.59 62.93 0.00 84.86 26.37 16.59 3.76 4.61 68.12 45.26
Inventory Days 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Days Payable
Cash Conversion Cycle 45.62 56.15 16.59 62.93 0.00 84.86 26.37 16.59 3.76 4.61 68.12 45.26
Working Capital Days 4,288.75 4,309.81 4,728.41 3,813.62 12,640.53 320.01 237.29 215.68 186.26 123.48 131.35 69.77
ROCE % 2.30% 1.84% -0.45% 1.98% 0.87% -3.97% -3.85% -3.65% -3.79% 5.81% 7.63% 7.63%

Shareholding Pattern

Numbers in percentages

7 Recently
Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
55.42% 55.42% 55.42% 55.42% 55.42% 55.42% 55.42% 55.42% 55.42% 55.42% 55.42% 55.42%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 9.79%
44.58% 44.58% 44.58% 44.58% 44.57% 44.58% 44.58% 44.58% 44.58% 44.57% 44.58% 34.78%
No. of Shareholders 2,1112,1102,1432,2512,2942,3392,3612,3782,5132,4922,5482,699

* 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.

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