Bhansali Engineering Polymers Ltd
Bhansali Engineering Polymers Ltd is engaged in manufacturing and sale of ABS Resins, AES Resins, ASA resins, SAN resins and their alloys with other plastics in the Indian market.
Its customers include leading companies dealing in Automobiles, Home Appliances, Electronics, Healthcare and Kitchenware.[1]
- Market Cap ₹ 3,062 Cr.
- Current Price ₹ 123
- High / Low ₹ 177 / 81.6
- Stock P/E 17.0
- Book Value ₹ 39.1
- Dividend Yield 3.23 %
- ROCE 24.4 %
- ROE 18.0 %
- Face Value ₹ 1.00
Pros
- Company is almost debt free.
- Stock is providing a good dividend yield of 3.22%.
- Company has a good return on equity (ROE) track record: 3 Years ROE 23.4%
- Company has been maintaining a healthy dividend payout of 92.0%
Cons
- The company has delivered a poor sales growth of -0.05% over past five 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: Petrochemicals Industry: Petrochemicals
Part of Nifty Microcap 250 Nifty Total Market BSE SmallCap BSE Allcap BSE Commodities
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|
601 | 531 | 626 | 1,032 | 1,225 | 1,104 | 1,292 | 1,394 | 1,363 | 1,222 | 1,320 | |
576 | 494 | 563 | 877 | 1,146 | 1,018 | 845 | 931 | 1,186 | 1,010 | 1,107 | |
Operating Profit | 25 | 37 | 63 | 154 | 79 | 86 | 447 | 463 | 177 | 212 | 213 |
OPM % | 4% | 7% | 10% | 15% | 6% | 8% | 35% | 33% | 13% | 17% | 16% |
2 | 3 | 8 | 14 | 8 | 6 | 11 | 20 | 30 | 40 | 41 | |
Interest | 14 | 11 | 10 | 8 | 1 | 0 | 1 | 0 | 1 | 0 | 0 |
Depreciation | 5 | 6 | 5 | 6 | 7 | 10 | 10 | 10 | 10 | 10 | 10 |
Profit before tax | 8 | 23 | 57 | 155 | 78 | 83 | 446 | 473 | 196 | 242 | 244 |
Tax % | 40% | 29% | 37% | 35% | 40% | 19% | 25% | 26% | 30% | 26% | |
5 | 16 | 35 | 100 | 47 | 67 | 334 | 350 | 137 | 179 | 180 | |
EPS in Rs | 0.20 | 0.65 | 1.42 | 4.02 | 1.90 | 2.69 | 13.42 | 14.06 | 5.49 | 7.21 | 7.24 |
Dividend Payout % | 34% | 10% | 9% | 5% | 18% | 12% | 5% | 14% | 206% | 56% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 0% |
3 Years: | -2% |
TTM: | 3% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 31% |
3 Years: | -19% |
TTM: | 23% |
Stock Price CAGR | |
---|---|
10 Years: | 29% |
5 Years: | 27% |
3 Years: | 1% |
1 Year: | 8% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 29% |
3 Years: | 23% |
Last Year: | 18% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 17 | 17 | 17 | 17 | 17 | 17 | 17 | 17 | 17 | 25 | 25 |
Reserves | 168 | 110 | 145 | 241 | 282 | 340 | 665 | 965 | 1,051 | 898 | 947 |
42 | 32 | 137 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
169 | 191 | 121 | 166 | 230 | 297 | 96 | 127 | 99 | 133 | 232 | |
Total Liabilities | 396 | 349 | 420 | 423 | 529 | 653 | 777 | 1,108 | 1,167 | 1,056 | 1,204 |
122 | 82 | 93 | 107 | 144 | 150 | 141 | 145 | 140 | 133 | 129 | |
CWIP | 0 | 0 | 0 | 6 | 0 | 2 | 0 | 0 | 0 | 19 | 21 |
Investments | 0 | 0 | 0 | 1 | 1 | 2 | 2 | 2 | 3 | 3 | 2 |
274 | 267 | 326 | 309 | 384 | 500 | 634 | 962 | 1,024 | 902 | 1,051 | |
Total Assets | 396 | 349 | 420 | 423 | 529 | 653 | 777 | 1,108 | 1,167 | 1,056 | 1,204 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|
36 | 56 | 78 | 192 | 53 | 88 | 103 | 298 | 140 | 230 | |
-6 | -35 | -12 | -16 | -55 | -43 | -21 | -300 | -15 | 45 | |
-33 | -23 | -65 | -149 | -7 | -10 | -9 | -50 | -50 | -324 | |
Net Cash Flow | -3 | -2 | 2 | 27 | -8 | 35 | 74 | -52 | 75 | -49 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 89 | 91 | 80 | 66 | 67 | 51 | 82 | 74 | 64 | 69 |
Inventory Days | 54 | 74 | 94 | 39 | 36 | 85 | 60 | 96 | 63 | 60 |
Days Payable | 116 | 158 | 67 | 62 | 70 | 111 | 19 | 34 | 23 | 40 |
Cash Conversion Cycle | 27 | 6 | 107 | 43 | 33 | 25 | 123 | 136 | 104 | 89 |
Working Capital Days | 54 | 43 | 114 | 44 | 45 | 44 | 107 | 157 | 136 | 148 |
ROCE % | 18% | 29% | 58% | 28% | 25% | 86% | 57% | 19% | 24% |
Documents
Announcements
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Corporate Action-Board to consider Dividend
8 Jan - Board meeting on January 16 for financial results and dividend.
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Board Meeting Intimation for 16Th January, 2025
8 Jan - Board meeting on January 16 to approve financial results.
- Closure of Trading Window 30 Dec
-
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
17 Dec - Listing Obligation and Disclosure Requirements) Regulations, 2015, Mr. Jayesh B. Bhansali, Joint Managing Director cum CFO will have one on one Meeting with the representative …
-
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
16 Dec - Listing Obligation and Disclosure Requirements) Regulations, 2015, Mr. Jayesh B. Bhansali, Joint Managing Director cum CFO will have one on one Meeting with the representative …
Annual reports
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Financial Year 2024
from bse
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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 nse
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Financial Year 2011
from bse
Business Overview
Company manufactures ABS (Acrylonitrile Butadiene Styrene) and SAN (Styrene Acrylonitrile) resins. ABS is used to make light, rigid, molded products such as pipe, automotive body parts, wheel covers, enclosures, and protective headgear. SAN is a plastic copolymer with thermal resistant and chemical resistant nature and its uses including housewares and consumer goods, various compounded products, packaging, appliances (electrical and electronic). [1]