Bemco Hydraulics Ltd

Bemco Hydraulics Ltd

₹ 1,408 0.54%
27 Sep - close price
About

Incorporated in 2001, Bemco Hydraulics Ltd manufactures hydraulic and portable re-railing equipment[1]

Key Points

Business Overview:[1]
BHL is in the business of designing, developing and manufacturing Hydraulic press, Portable re-railing equipment, Light weight re-railing equipment, Hydraulic Re-railing equipment, Re-railing Systems, Hydraulic press, Wheel fitting press, Straightening press. Its Portable Re-railing Equipment is designed for re-railing cars and locomotives

  • Market Cap 308 Cr.
  • Current Price 1,408
  • High / Low 1,695 / 725
  • Stock P/E 47.4
  • Book Value 261
  • Dividend Yield 0.14 %
  • ROCE 16.6 %
  • ROE 12.9 %
  • Face Value 10.0

Pros

  • Company has delivered good profit growth of 33.4% CAGR over last 5 years

Cons

  • The company has delivered a poor sales growth of 8.60% over past five years.
  • Company has a low return on equity of 11.7% 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.

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024
8.97 5.98 19.53 27.78 5.07 15.54 9.30 16.14 21.28 19.60 12.57 17.90 12.78
7.89 5.12 16.10 23.17 6.58 11.19 7.89 13.26 18.21 16.70 10.02 15.31 10.30
Operating Profit 1.08 0.86 3.43 4.61 -1.51 4.35 1.41 2.88 3.07 2.90 2.55 2.59 2.48
OPM % 12.04% 14.38% 17.56% 16.59% -29.78% 27.99% 15.16% 17.84% 14.43% 14.80% 20.29% 14.47% 19.41%
0.14 0.17 0.20 0.13 0.28 0.21 -0.11 0.12 0.13 0.34 0.21 0.34 0.22
Interest 0.44 0.54 0.45 0.79 0.28 0.30 0.43 0.39 0.31 0.30 0.35 0.51 0.31
Depreciation 0.18 0.22 0.24 0.26 0.24 0.20 0.19 0.19 0.16 0.18 0.16 0.23 0.30
Profit before tax 0.60 0.27 2.94 3.69 -1.75 4.06 0.68 2.42 2.73 2.76 2.25 2.19 2.09
Tax % 56.67% -33.33% 53.40% 12.47% -24.00% 9.61% 19.12% 26.03% 25.27% 23.91% 29.78% 39.73% 29.19%
0.26 0.36 1.38 3.23 -1.34 3.67 0.55 1.79 2.04 2.10 1.58 1.32 1.49
EPS in Rs 1.19 1.65 6.31 14.77 -6.13 16.78 2.52 8.19 9.33 9.60 7.23 6.04 6.81
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

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
38.43 32.04 36.66 21.46 41.28 40.42 47.23 32.01 61.87 62.25 46.05 71.35 62.85
34.10 33.95 32.43 21.02 36.64 35.69 41.90 27.92 52.32 52.27 38.91 60.24 52.33
Operating Profit 4.33 -1.91 4.23 0.44 4.64 4.73 5.33 4.09 9.55 9.98 7.14 11.11 10.52
OPM % 11.27% -5.96% 11.54% 2.05% 11.24% 11.70% 11.29% 12.78% 15.44% 16.03% 15.50% 15.57% 16.74%
0.33 0.14 1.86 0.38 3.51 0.38 0.72 0.57 0.52 0.63 0.50 1.01 1.11
Interest 3.04 3.93 3.29 2.66 3.04 2.95 2.75 2.30 2.16 2.21 1.41 1.47 1.47
Depreciation 0.62 1.20 1.31 1.25 1.26 0.70 0.78 0.81 0.81 0.90 0.82 0.73 0.87
Profit before tax 1.00 -6.90 1.49 -3.09 3.85 1.46 2.52 1.55 7.10 7.50 5.41 9.92 9.29
Tax % 44.00% -31.01% 159.06% 0.00% 22.60% 28.08% 35.71% 45.81% 42.68% 30.27% 13.68% 29.03%
0.56 -4.77 -0.89 -3.08 2.98 1.05 1.63 0.84 4.06 5.23 4.67 7.03 6.49
EPS in Rs 3.87 -26.70 -4.07 -14.09 13.63 4.80 7.45 3.84 18.57 23.92 21.36 32.15 29.68
Dividend Payout % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 6.23%
Compounded Sales Growth
10 Years: 8%
5 Years: 9%
3 Years: 5%
TTM: 1%
Compounded Profit Growth
10 Years: 13%
5 Years: 33%
3 Years: 19%
TTM: -19%
Stock Price CAGR
10 Years: 35%
5 Years: 64%
3 Years: 71%
1 Year: 95%
Return on Equity
10 Years: 7%
5 Years: 10%
3 Years: 12%
Last Year: 13%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity Capital 1.45 1.79 2.19 2.19 2.19 2.19 2.19 2.19 2.19 2.19 2.19 2.19
Reserves 4.58 1.46 2.21 -0.87 30.32 31.52 33.09 33.76 37.84 43.17 47.89 54.92
29.51 32.55 21.62 24.71 19.85 19.19 14.38 19.53 11.29 9.41 10.14 17.77
15.25 14.59 11.15 17.05 27.50 25.58 29.99 28.51 31.74 33.08 31.38 41.06
Total Liabilities 50.79 50.39 37.17 43.08 79.86 78.48 79.65 83.99 83.06 87.85 91.60 115.94
9.76 10.56 9.30 8.21 42.71 44.06 44.38 43.91 43.93 43.84 43.14 46.12
CWIP 0.21 0.00 0.00 0.00 0.00 0.12 0.20 0.20 0.00 0.00 0.00 0.00
Investments 0.00 0.00 0.00 0.01 0.21 0.23 0.22 0.16 0.24 0.28 0.32 19.30
40.82 39.83 27.87 34.86 36.94 34.07 34.85 39.72 38.89 43.73 48.14 50.52
Total Assets 50.79 50.39 37.17 43.08 79.86 78.48 79.65 83.99 83.06 87.85 91.60 115.94

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
-0.40 1.66 11.10 0.50 5.92 5.79 8.17 -1.75 12.34 12.37 -7.37 9.71
-2.71 -1.65 -1.20 -0.21 -1.27 -2.14 -1.27 -1.04 0.41 -0.91 0.75 -15.87
3.37 -0.19 -10.13 -0.19 -4.50 -3.78 -7.02 3.26 -10.25 -5.58 -2.18 6.15
Net Cash Flow 0.26 -0.18 -0.23 0.11 0.15 -0.14 -0.11 0.47 2.50 5.87 -8.80 -0.01

Ratios

Standalone Figures in Rs. Crores / View Consolidated

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 115.97 141.94 69.79 160.39 110.97 94.37 106.42 128.17 98.40 94.93 136.73 131.22
Inventory Days 406.25 421.99 343.67 889.69 325.10 811.35 428.25 3,425.16 246.02 306.91 3,304.08 333.52
Days Payable 144.13 156.34 145.12 381.01 173.79 469.59 304.21 1,483.36 202.85 322.71 1,727.07 167.52
Cash Conversion Cycle 378.09 407.59 268.34 669.07 262.28 436.12 230.46 2,069.97 141.58 79.13 1,713.73 297.22
Working Capital Days 210.38 218.04 135.31 233.18 97.62 85.88 50.54 136.15 56.93 44.56 176.83 88.24
ROCE % 13.22% -8.21% 15.72% -1.69% 10.36% 8.40% 10.28% 7.30% 17.36% 18.31% 11.86% 16.57%

Shareholding Pattern

Numbers in percentages

1 Recently
Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024
74.69% 74.69% 74.69% 74.69% 74.69% 74.69% 74.69% 74.69% 74.69% 74.69% 74.69% 74.69%
25.31% 25.31% 25.31% 25.31% 25.30% 25.31% 25.30% 25.31% 25.30% 25.30% 25.31% 25.30%
No. of Shareholders 1,9652,0012,0652,1212,2522,3152,3852,5702,5362,6072,6092,734

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