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BMW Industries Ltd share Price Today

Company details

54.39
58.00
25.60
86.00
6M Return 32.29%
1Y Return 66.37%
Mkt Cap.(Cr) 1,245.85
Volume 706,032
Div Yield 0.36%
OI
-
OI Chg %
-
Volume 706,032

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Iron & Steel products company BMW Industries announced Q3FY24 results:

  • Total income at Rs 14,519 Lacs for Q3FY24, registering an increase of 1.7% YoY.
  • Adjusted EBITDA at Rs 4,369 Lacs in Q3FY24, up 3.7% YoY. Adjusted EBITDA Margin was at 30.1%.
  • Gross Profit at Rs 9,818 Lacs, up 1.8% over Q3FY23. Gross Margin was at 68.2%.
  • PAT at Rs 1,149 Lacs against Q3FY23 PAT of Rs 1,729 Lacs, down 33.6%. PAT Margin was at 7.9%.
  • EPS stood at Rs 0.51 as against Rs 0.77 in Q3FY23.
  • Net Debt stood at Rs 17,579 Lacs as against Rs 24,180 lacs in Dec’22.
  • Net Debt / EBITDA improved further to 1.92 from 3.03 in Dec’22.

Commenting on the results, Ram Gopal Bansal, Chairman, BMW Industries Limited said, “Total income grew by 1.7% YoY to Rs 14,519 lacs in Q3FY24. However, the total income fell by 9.9% QoQ largely due to fall in Zinc prices, which is a pass through.

Gross profit has risen to Rs 9,818 lacs from Rs 9,646 YoY. Gross Profit margin has increased slightly from 68.0% in Q3FY23 to 68.2% in the quarter gone by. In fact, GP margin grew sharply by 470 basis points QoQ.

Adjusted EBITDA increased by 3.7% YoY and 7.3% QoQ to Rs 4,369 lacs and Adjusted EBITDA margin stood at 30.1%, expanding by 58 bps YoY and 484 bps QoQ.

The overall profit for the quarter got impacted by a one-time debit note amounting to Rs 1,073 lacs from our key customer. The company decided to settle an old dispute and took this hit, keeping in view our long-standing relationship with the customer. Consequently, PAT fell from Rs 1,729 lacs in Q3FY23 to Rs 1,149 lacs in the quarter gone by. Our net debt improved from Rs 22,998 lacs in FY23 to Rs 17,579 lacs in Q3FY24.

We continue to prioritize maximizing our capacity utilization, and this, combined with our expansion plan, will significantly contribute to achieving robust revenue growth. Our net debt is steadily decreasing, and alongside our strong revenue growth, this will enable us to significantly improve profits and secure sustainable margins”

 

 

Result PDF

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BMW Industries Ltd shares SWOT Analysis

Strengths (10)

  • Rising Net Cash Flow and Cash from Operating activity
  • Effectively using its capital to generate profit - RoCE improving in last 2 years
  • Effectively using Shareholders fund - Return on equity (ROE) improving since last 2 year

Weakness (0)

Data not found

Opportunity (1)

  • Highest Recovery from 52 Week Low

Threats (1)

  • RSI indicating price weakness

Resistance and support

R1 57.4
R2 59.5
R3 61.0
Pivot

55.91

S1 53.8
S2 52.3
S3 50.2
EMA SMA
57.7
60.9
58.8
52.2
57.2
65.7
61.2
49.2
Delivery and volume
CLIENT NAME DEAL TYPE ACTION DATE AVG. PRICE QUANTITY EXCHANGE
ARUNA R JAIN Bulk Sell 2024-01-29 74.52 1141628 BSE
Name Category Shares
RAM GOPAL BANSAL PROMOTER 15.92%
HARSH KUMAR BANSAL PROMOTER 8.2%
VIVEK KUMAR BANSAL PROMOTER 6.24%
PREMLATA BANSAL PROMOTER 4.18%
SHALINI BANSAL PROMOTER 1.24%
PRATITI BANSAL PROMOTER 0.89%
GAUNGOUR SALES PRIVATE LIMITED PROMOTER 18.3%
TRICOM INVESTMENTS PRIVATE LIMITED PROMOTER 6.74%
JANI FINCOM PRIVATE LIMITED PROMOTER 4.85%
BANSAL BUSINESS PRIVATE LIMITED PROMOTER 4.38%
ROLEX TRAFIN PRIVATE LIMITED PROMOTER 1.99%
BANSAL ENGINEERING WORKS PRIVATE LIMITED PROMOTER 0.8%

FINANCIALS

Sales
Operating Profit
Profit after Tax
Equity
Reserves and Surplus
Debt
Sales
Operating Profit
Profit after Tax
PE
Debt/Equity
P BV

BMW Industries Ltd Stocks COMPARISON

Financials( in Cr) BMW Industries Ltd JSW Steel Ltd Tata Steel Ltd Jindal Steel & Power Ltd Jindal Stainless Ltd
Price 55.35 830.20 155.85 849.15 694.45
% Change 2.86 1.49 2.06 1.93 -1.20
Mcap Cr 1,245.85 203,021.59 194,555.85 86,620.77 57,183.44
Revenue TTM Cr 562.34 165,960.00 243,352.69 53,211.52 35,697.03
Net Profit TTM Cr 54.48 4,139.00 8,075.35 3,974.09 2,083.83
PE TTM 20.42 18.79 79.14 15.60 19.71
1 Year Return 66.37 26.01 52.35 57.42 138.11
ROCE 11.68 8.60 12.10 14.17 20.22
ROE 9.43 6.22 7.48 13.27 19.16
INSIDER & INSTITUIONAL ACTIVITY

Equity Capital: 602.52 Cr FV: 1.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 29,068.81 33,709.58
LAST 3M 68,518.10 30,558.15
LAST 6M 130,081.93 64,349.19
LAST 12M 189,941.35 208,211.24

BMW Industries Ltd Information

Stock PE (TTM)
20.42
Promoter Holding
74%
Book Value
28.2452
ROCE
11.68%
ROE
9.43%
Description
  • BMW Industries Limited, incorporated in October 21, 1981 as Bansal Mechanical Works Pvt. Ltd., a private limited company. In June, 1999 the Company changed its name to BMW Industries Limited emerged as a prominent industrial group in Eastern India. The Company is primarily engaged in manufacturing of tubular poles and structures, transmission line towers, rebars and providing steel servicing centre and infrastructural services. As on March 31, 2019 the Company has nine subsidiaries.

Registered Address

White House 3rd Floor, 119 Park Street, Kolkata, West Bengal, 700016

Tel : 91-33-40071704
Email : arbindjain:bmwil.co.in
Website : http://www.bmwil.co.in
Registrar

ABS Consultant Pvt Ltd

AGM Date (Month) : Sep
Face Value Equity Shares : 1
Market Lot Equity Shares : 1
BSE Code : 542669
NSE Code :
Book Closure Date (Month) : Sep
BSE Group : X
ISIN : INE374E01021

FAQ’s on BMW Industries Ltd Shares

You can buy BMW Industries Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy BMW Industries Ltd Share.

Company share prices and volatile and keep changing according to the market conditions. As of Mar 28, 2024 04:01 PM the closing price of BMW Industries Ltd was ₹ 55.35.

Market capitalization or market cap is determined by multiplying the current market price of a company’s shares with the total number of shares outstanding. As of Mar 28, 2024 04:01 PM, the market cap of BMW Industries Ltd stood at ₹ 1,245.85.

The latest PE ratio of BMW Industries Ltd as of Mar 28, 2024 04:01 PM is 20.42

The latest PB ratio of BMW Industries Ltd as of Mar 28, 2024 04:01 PM is 0.51

The 52-week high of BMW Industries Ltd share price is ₹ 86.00 while the 52-week low is ₹ 25.60

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