Bedmutha Industries Ltd
Incorporated in 1990, Bedmutha Industries
Ltd is a manufacturer & exporter of steel and copper wires[1]
- Market Cap ₹ 640 Cr.
- Current Price ₹ 198
- High / Low ₹ 323 / 142
- Stock P/E 19.0
- Book Value ₹ 43.8
- Dividend Yield 0.00 %
- ROCE 15.6 %
- ROE 17.9 %
- Face Value ₹ 10.0
Pros
Cons
- Stock is trading at 4.53 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
- Tax rate seems low
- Company has a low return on equity of 14.0% over last 3 years.
- Promoters have pledged 95.1% of their holding.
- Earnings include an other income of Rs.59.3 Cr.
* 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
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
215 | 222 | 321 | 500 | 642 | 603 | 490 | 359 | 387 | 660 | 687 | 812 | 915 | |
198 | 205 | 305 | 486 | 612 | 631 | 491 | 360 | 404 | 643 | 670 | 785 | 883 | |
Operating Profit | 17 | 17 | 17 | 15 | 30 | -28 | -1 | -1 | -17 | 16 | 17 | 26 | 32 |
OPM % | 8% | 8% | 5% | 3% | 5% | -5% | -0% | -0% | -4% | 2% | 2% | 3% | 4% |
3 | 7 | 4 | 5 | 21 | 33 | 29 | 27 | 311 | 58 | 61 | 56 | 59 | |
Interest | 10 | 15 | 23 | 41 | 58 | 60 | 65 | 64 | 62 | 32 | 34 | 35 | 34 |
Depreciation | 6 | 7 | 10 | 21 | 29 | 27 | 33 | 33 | 36 | 33 | 32 | 27 | 23 |
Profit before tax | 3 | 2 | -12 | -41 | -36 | -82 | -71 | -71 | 197 | 9 | 13 | 20 | 34 |
Tax % | 35% | 31% | -29% | -3% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | |
2 | 1 | -9 | -40 | -36 | -82 | -71 | -71 | 196 | 9 | 13 | 20 | 34 | |
EPS in Rs | 1.08 | 0.62 | -4.07 | -18.99 | -14.72 | -33.42 | -28.89 | -29.08 | 60.68 | 2.87 | 3.91 | 6.28 | 10.44 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | 14% |
5 Years: | 11% |
3 Years: | 28% |
TTM: | 24% |
Compounded Profit Growth | |
---|---|
10 Years: | 31% |
5 Years: | 18% |
3 Years: | -53% |
TTM: | 104% |
Stock Price CAGR | |
---|---|
10 Years: | 27% |
5 Years: | 71% |
3 Years: | 59% |
1 Year: | 28% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 14% |
Last Year: | 18% |
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 | Sep 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 21 | 21 | 21 | 21 | 25 | 25 | 25 | 25 | 32 | 32 | 32 | 32 | 32 |
Reserves | 104 | 106 | 101 | 72 | 40 | -42 | -113 | -184 | 46 | 55 | 68 | 88 | 109 |
112 | 183 | 250 | 333 | 398 | 482 | 509 | 505 | 306 | 276 | 251 | 235 | 237 | |
98 | 115 | 178 | 183 | 204 | 150 | 157 | 135 | 83 | 128 | 149 | 211 | 205 | |
Total Liabilities | 335 | 425 | 550 | 609 | 666 | 614 | 577 | 481 | 468 | 492 | 500 | 566 | 583 |
101 | 102 | 100 | 265 | 242 | 274 | 241 | 209 | 190 | 165 | 146 | 158 | 153 | |
CWIP | 59 | 143 | 207 | 58 | 83 | 37 | 40 | 44 | 34 | 38 | 35 | 25 | 40 |
Investments | 4 | 4 | 6 | 7 | 7 | 7 | 5 | 4 | 4 | 3 | 3 | 3 | 3 |
170 | 175 | 236 | 279 | 334 | 296 | 291 | 223 | 240 | 285 | 317 | 380 | 387 | |
Total Assets | 335 | 425 | 550 | 609 | 666 | 614 | 577 | 481 | 468 | 492 | 500 | 566 | 583 |
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
5 | 39 | 29 | -11 | 30 | 8 | 23 | 77 | 58 | 71 | 72 | 74 | |
-88 | -87 | -75 | -36 | -30 | -11 | -2 | -3 | -6 | -11 | -8 | -28 | |
76 | 47 | 61 | 39 | 6 | 14 | -42 | -74 | -53 | -62 | -57 | -51 | |
Net Cash Flow | -6 | -1 | 15 | -8 | 6 | 11 | -21 | 0 | -0 | -3 | 7 | -5 |
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 | 92 | 81 | 76 | 75 | 69 | 45 | 36 | 51 | 59 | 33 | 37 | 47 |
Inventory Days | 96 | 104 | 127 | 84 | 65 | 24 | 37 | 53 | 46 | 42 | 47 | 33 |
Days Payable | 175 | 110 | 165 | 119 | 104 | 70 | 40 | 25 | 63 | 62 | 74 | 82 |
Cash Conversion Cycle | 13 | 76 | 38 | 40 | 30 | -1 | 33 | 79 | 42 | 13 | 10 | -2 |
Working Capital Days | 96 | 137 | 89 | 76 | 49 | 41 | 50 | 16 | 139 | 85 | 86 | 86 |
ROCE % | 6% | 6% | 3% | -0% | 5% | -5% | -1% | -2% | 71% | 11% | 13% | 16% |
Documents
Announcements
- The Unaudited Standalone And Consolidated Financial Results (Limited Review) For The Quarter And Half Year Ended September 30, 2024, Pursuant To Regulation 33 Of The SEBI (LODR) Regulations, 2015 Which Have Been Duly Reviewed And Recommended By The Audit Committee. 11 Nov
-
Board Meeting Outcome for Outcome Of The Board Meeting For Approval Of Financial Results (SFS And CFS) For The Quarter And Half Year Ended 30.09.2024
11 Nov - Board approved unaudited financial results for Q2 FY2024.
-
Board Meeting Intimation for Notice Of The Meeting Of Board Of The Company
5 Nov - Board meeting to approve Q2 financial results.
-
Appointment of Company Secretary and Compliance Officer
25 Oct - Appointment of Mr. Madhvendra Pratap Singh as Company Secretary.
-
Board Meeting Outcome for Board Meeting Outcome & Intimation Of Appointment Of Company Secretary & Compliance Officer Pursuant To Regulation 30 Of SEBI (LODR) Regulations, 2015.
25 Oct - Appointment of Mr. Madhvendra Pratap Singh as Company Secretary.
Annual reports
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Financial Year 2024
from bse
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Financial Year 2023
from bse
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Financial Year 2022
from bse
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Financial Year 2021
from bse
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Financial Year 2020
from bse
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Financial Year 2019
from bse
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Financial Year 2018
from bse
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Financial Year 2017
from bse
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Financial Year 2016
from bse
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Financial Year 2015
from bse
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Financial Year 2014
from bse
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Financial Year 2013
from bse
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Financial Year 2012
from nse
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Financial Year 2012
from bse
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Financial Year 2011
from bse
Business Overview:[1][2][3]
BIL is an ISO 9001: 2008 certified manufacturer and exporter of G I Wire, ACSR Wire, Stay/Guy/Earth Wire 7,19,37 Wire Strands, Spring steel wire, Tyre bead wire, Wire for ropes, etc, and various types of wire and wire products.