BMW Industries Ltd
BMW Industries Ltd is primarily engaged in manufacturing, processing and selling of steel products consisting of engineering and other products and services related to the same. [1]
- Market Cap ₹ 1,034 Cr.
- Current Price ₹ 46.0
- High / Low ₹ 79.0 / 45.3
- Stock P/E 13.6
- Book Value ₹ 31.0
- Dividend Yield 0.93 %
- ROCE 13.2 %
- ROE 10.1 %
- Face Value ₹ 1.00
Pros
- Company has reduced debt.
- Debtor days have improved from 70.5 to 37.6 days.
- Company's working capital requirements have reduced from 164 days to 83.7 days
Cons
- The company has delivered a poor sales growth of -6.31% over past five years.
- Company has a low return on equity of 8.38% over last 3 years.
- Dividend payout has been low at 8.25% 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
Sector: Steel Industry: Steel - Medium / Small
Part of BSE Allcap BSE SmallCap BSE Industrials
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|
674 | 779 | 948 | 829 | 615 | 398 | 447 | 562 | 598 | 609 | |
557 | 655 | 797 | 688 | 505 | 302 | 342 | 433 | 452 | 456 | |
Operating Profit | 117 | 124 | 151 | 141 | 110 | 95 | 105 | 130 | 146 | 153 |
OPM % | 17% | 16% | 16% | 17% | 18% | 24% | 24% | 23% | 24% | 25% |
2 | 7 | 16 | 27 | 15 | -228 | 13 | 9 | 4 | 6 | |
Interest | 47 | 44 | 47 | 56 | 46 | 29 | 23 | 24 | 20 | 16 |
Depreciation | 33 | 44 | 48 | 47 | 47 | 53 | 49 | 40 | 45 | 41 |
Profit before tax | 39 | 43 | 72 | 65 | 32 | -215 | 46 | 75 | 86 | 101 |
Tax % | 14% | 22% | 29% | 35% | 31% | -18% | 24% | 27% | 26% | |
33 | 34 | 51 | 42 | 22 | -175 | 35 | 54 | 64 | 76 | |
EPS in Rs | 15.03 | 1.50 | 2.28 | 1.85 | 0.97 | -7.80 | 1.53 | 2.42 | 2.83 | 3.40 |
Dividend Payout % | 0% | 0% | 0% | 1% | 0% | 0% | 1% | 8% | 15% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | -6% |
3 Years: | 15% |
TTM: | 2% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 9% |
3 Years: | 1% |
TTM: | 25% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 26% |
3 Years: | 15% |
1 Year: | -17% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 8% |
3 Years: | 8% |
Last Year: | 10% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 23 | 23 | 23 | 23 | 23 | 23 | 23 | 23 | 23 | 23 |
Reserves | 536 | 534 | 594 | 635 | 672 | 497 | 531 | 580 | 639 | 674 |
569 | 473 | 428 | 372 | 306 | 279 | 256 | 238 | 106 | 188 | |
81 | 127 | 154 | 161 | 131 | 97 | 91 | 116 | 109 | 126 | |
Total Liabilities | 1,208 | 1,157 | 1,199 | 1,190 | 1,131 | 895 | 900 | 956 | 875 | 1,010 |
564 | 547 | 516 | 483 | 522 | 450 | 432 | 464 | 502 | 506 | |
CWIP | 24 | 35 | 21 | 23 | 32 | 37 | 35 | 24 | 92 | 131 |
Investments | 87 | 85 | 79 | 77 | 70 | 22 | 15 | 0 | 0 | 32 |
533 | 489 | 583 | 608 | 506 | 386 | 418 | 467 | 281 | 341 | |
Total Assets | 1,208 | 1,157 | 1,199 | 1,190 | 1,131 | 895 | 900 | 956 | 875 | 1,010 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|
103 | 146 | 92 | 109 | 128 | 123 | 64 | 126 | 268 | |
-30 | -47 | -1 | 9 | -6 | -66 | -20 | -57 | -112 | |
-74 | -99 | -92 | -114 | -122 | -62 | -44 | -62 | -157 | |
Net Cash Flow | -1 | 1 | -1 | 4 | 0 | -4 | 0 | 7 | -1 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|
Debtor Days | 106 | 86 | 83 | 93 | 82 | 94 | 90 | 84 | 38 |
Inventory Days | 153 | 134 | 136 | 160 | 246 | 274 | 321 | 226 | 134 |
Days Payable | 27 | 20 | 39 | 31 | 30 | 99 | 36 | 41 | 35 |
Cash Conversion Cycle | 232 | 200 | 180 | 223 | 298 | 270 | 375 | 268 | 136 |
Working Capital Days | 224 | 168 | 159 | 189 | 211 | 208 | 224 | 185 | 84 |
ROCE % | 8% | 11% | 12% | 8% | 6% | 8% | 12% | 13% |
Documents
Announcements
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Integrated Filing (Financial)
10 Feb - Integrated financial results for quarter ended December 31, 2024.
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Announcement under Regulation 30 (LODR)-Earnings Call Transcript
7 Feb - Submission of Q3 FY '25 earnings call transcript.
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Announcement under Regulation 30 (LODR)-Investor Presentation
1 Feb - Investors Presentation on the Financial Results for the Quarter and nine months ended December 31, 2024 is enclosed herewith.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
1 Feb - Newspaper Publication of Financial Results pursuant to Regulation 47 of SEBI (LODR) Regulations, 2015 for the Quarter and nine months ended December 31, 2024
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
31 Jan - BMW Industries announces Q3 FY25 financial results.
Annual reports
Concalls
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Feb 2025Transcript PPT
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Nov 2024Transcript PPT
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Jul 2024Transcript PPT REC
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May 2024Transcript PPT
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May 2024TranscriptNotesPPT
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Feb 2024Transcript PPT
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Nov 2023Transcript PPT
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Nov 2023TranscriptNotesPPT
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Oct 2023TranscriptNotesPPT
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Sep 2023TranscriptNotesPPT
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Aug 2023TranscriptNotesPPT
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Feb 2023TranscriptNotesPPT
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Dec 2022TranscriptNotesPPT
Overview
BMW Industry Limited (BMWIL), incorporated in 1981, is one of the largest steel processing company in India, having manufacturing units at multiple location. It is engaged in Manufacturing & Processing of HRPO Coils, CR Coils, GP Coils, GC Sheets, MS and GI pipes, TMT rebars, etc. for marquee steel players in India. It is into processing of Long and Flat Products and operates one of the largest independent cold rolling and galvanizing facility, in the country.[1]