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Last Updated on: 26 December, 2024
Author: Getaka|Social: Getaka Financial Technology X (Earlier Twitter) Profile Getaka Financial Technology LinkedIn Logo
Stock Ticker - BSE: 524332 | NSE: BCLIND

BCL Industries Ltd: Fundamental Analysis, Share Price Insights & Intrinsic Value (2024)

Share Price and Basic Stock Data

Last Updated: December 24, 2024, 12:38 pm

Market Cap 1,515 Cr.
Current Price 51.3
High / Low 86.3/45.8
Stock P/E14.6
Book Value 25.6
Dividend Yield0.49 %
ROCE15.7 %
ROE16.0 %
Face Value 1.00
PEG Ratio1.00

Stock P/E, Current Price, and Intrinsic Value Over Time

View Share Price Target for BCL Industries Ltd

Competitors of

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
IEL Ltd 19.8 Cr. 5.92 12.0/4.5328.6 0.500.00 %17.5 %23.6 % 1.00
Evexia Lifecare Ltd 691 Cr. 3.68 4.40/1.55186 2.370.00 %0.30 %1.26 % 1.00
Diligent Industries Ltd 95.6 Cr. 3.80 6.29/3.5131.6 0.790.00 %7.35 %12.0 % 1.00
CIAN Agro Industries & Infrastructure Ltd 1,454 Cr. 519 519/35.0441 31.90.00 %11.1 %5.85 % 10.0
BCL Industries Ltd 1,515 Cr. 51.3 86.3/45.814.6 25.60.49 %15.7 %16.0 % 1.00
Industry Average9,456.00 Cr166.77115.3139.660.20%10.93%9.85%4.59

All Competitor Stocks of

Quarterly Result

MonthSep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
Sales462563506375452534457429481622598636721
Expenses431529468345446493410389434568547582666
Operating Profit3134393064047394755505455
OPM %7%6%8%8%1%8%10%9%10%9%8%8%8%
Other Income1532321122222
Interest245435779107116
Depreciation44447777910101111
Profit before tax27323324-13033273038353339
Tax %22%24%31%24%-36%24%26%27%35%13%32%27%24%
Net Profit21242318-12325202033242530
EPS in Rs0.871.000.950.740.030.971.010.770.711.140.850.770.94

Last Updated: November 6, 2024, 7:12 pm

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: Unknown

MonthMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024TTM
Sales6428448909131,4271,9881,8182,1292,336
Expenses6057978178571,3591,8501,6951,9382,130
Operating Profit3747745669138124191206
OPM %6%6%8%6%5%7%7%9%9%
Other Income5787288778
Interest212119152618203337
Depreciation91111141315253640
Profit before tax112252355811385130136
Tax %14%18%20%26%27%25%25%26%
Net Profit1018412642856496101
EPS in Rs0.691.142.371.351.753.512.743.323.47
Dividend Payout %14%0%5%0%29%14%18%8%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2017-20182018-20192019-20202020-20212021-20222022-20232023-2024
YoY Net Profit Growth (%)80.00%127.78%-36.59%61.54%102.38%-24.71%50.00%
Change in YoY Net Profit Growth (%)0.00%47.78%-164.36%98.12%40.84%-127.09%74.71%

BCL Industries Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 7 years from 2017-2018 to 2023-2024.

No data available for the compounded sales growth chart.

Balance Sheet

Last Updated: December 14, 2024, 2:08 pm

MonthMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Sep 2024
Equity Capital141617192424242730
Reserves84116165198261342456624727
Borrowings217228192178183260438477377
Other Liabilities166136185209164130177172217
Total Liabilities4814955606046327581,0961,3011,351
Fixed Assets85136138129129153339641627
CWIP5451019291662121335
Investments2533343626571011
Other Assets317321377420448433537637678
Total Assets4814955606046327581,0961,3011,351

Reserves and Borrowings Chart

Cash Flow

MonthMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Cash from Operating Activity +431053295952939
Cash from Investing Activity +-45-40-19-13-13-145-250-131
Cash from Financing Activity +1616-25-2166220692
Net Cash Flow13-148-6-212-160

Free Cash Flow

MonthMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Free Cash Flow-180.00-181.00-118.00-122.00-114.00-122.00-314.00-286.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

MonthMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Debtor Days2718251434191921
Inventory Days16914213816575438388
Days Payable9355797630173222
Cash Conversion Cycle1021068410380447087
Working Capital Days8583727569487186
ROCE %13%19%13%19%23%14%16%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthSep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024
Promoters61.36%61.36%61.36%61.36%61.36%61.36%61.13%61.36%60.41%56.92%56.08%59.47%
FIIs0.00%0.00%0.04%0.08%0.06%0.00%0.41%0.00%1.66%5.88%6.41%4.84%
Public38.64%38.64%38.59%38.55%38.57%38.63%38.45%38.64%37.92%37.21%37.52%35.69%
No. of Shareholders20,85720,57426,97526,95627,10726,82123,80525,05128,19573,11392,0011,01,647

Shareholding Pattern Chart

No. of Shareholders

This stock is not held by any mutual fund

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 24Mar 23Mar 22Mar 21Mar 20
FaceValue1.0010.0010.0010.0010.00
Basic EPS (Rs.)3.5427.4535.1018.7513.54
Diluted EPS (Rs.)3.4326.5935.1018.7513.54
Cash EPS (Rs.)4.8436.9841.1822.7420.56
Book Value[Excl.RevalReserv]/Share (Rs.)24.71202.84156.49118.71113.33
Book Value[Incl.RevalReserv]/Share (Rs.)24.73203.03156.69118.91113.58
Revenue From Operations / Share (Rs.)78.18752.93823.08590.99476.96
PBDIT / Share (Rs.)7.3253.9460.3335.8633.01
PBIT / Share (Rs.)5.9943.6154.2530.5725.95
PBT / Share (Rs.)4.7635.4046.9423.9618.22
Net Profit / Share (Rs.)3.5226.6535.1017.4513.50
NP After MI And SOA / Share (Rs.)3.3227.4535.1317.4713.54
PBDIT Margin (%)9.357.167.326.066.92
PBIT Margin (%)7.665.796.595.175.44
PBT Margin (%)6.094.705.704.053.82
Net Profit Margin (%)4.503.534.262.952.83
NP After MI And SOA Margin (%)4.243.644.262.952.83
Return on Networth / Equity (%)13.8613.8023.1614.8411.94
Return on Capital Employeed (%)17.1314.3426.2520.3116.54
Return On Assets (%)6.946.0511.206.674.29
Long Term Debt / Equity (X)0.380.470.280.200.30
Total Debt / Equity (X)0.730.910.710.550.76
Asset Turnover Ratio (%)1.781.963.002.321.58
Current Ratio (X)1.811.431.491.671.44
Quick Ratio (X)0.700.530.730.730.33
Inventory Turnover Ratio (X)4.635.767.453.872.52
Dividend Payout Ratio (NP) (%)5.474.227.690.003.20
Dividend Payout Ratio (CP) (%)3.913.066.560.002.10
Earning Retention Ratio (%)94.5395.7892.310.0096.80
Cash Earning Retention Ratio (%)96.0996.9493.440.0097.90
Interest Coverage Ratio (X)6.036.578.255.424.27
Interest Coverage Ratio (Post Tax) (X)3.924.245.803.642.75
Enterprise Value (Cr.)2021.121393.161328.61403.21214.06
EV / Net Operating Revenue (X)0.940.760.660.280.23
EV / EBITDA (X)10.1410.699.124.663.39
MarketCap / Net Operating Revenue (X)0.710.520.540.180.06
Retention Ratios (%)94.5295.7792.300.0096.79
Price / BV (X)2.351.992.940.900.28
Price / Net Operating Revenue (X)0.710.520.540.180.06
EarningsYield0.050.060.070.160.41

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of BCL Industries Ltd as of December 26, 2024 is: 60.09

Calculation basis:

  • Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of December 26, 2024, BCL Industries Ltd is Undervalued by 17.13% compared to the current share price 51.30

Intrinsic Value of BCL Industries Ltd as of December 26, 2024 is: 68.91

Calculation basis:

  • Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
  • EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of December 26, 2024, BCL Industries Ltd is Undervalued by 34.33% compared to the current share price 51.30

Last 5 Year EPS CAGR: 14.67%

*Investments are subject to market risks

Strength and Weakness

StrengthWeakness
  1. The company has higher reserves (330.33 cr) compared to borrowings (283.33 cr), indicating strong financial stability.
  2. The company has shown consistent growth in sales (366.22 cr) and profit (71.33 cr) over the years.
  1. The stock has a low average ROCE of 14.63%, which may not be favorable.
  2. The stock has a high average Working Capital Days of 73.63, which may not be favorable.
  3. The stock has a high average Cash Conversion Cycle of 84.50, which may not be favorable.

Stock Analysis

  • Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in BCL Industries Ltd:
    1. Net Profit Margin: 4.5%
      • Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
    2. ROCE: 17.13% (Industry Average ROCE: 10.93%)
      • ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
    3. ROE%: 13.86% (Industry Average ROE: 9.85%)
      • ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
    4. Interest Coverage Ratio (Post Tax): 3.92
      • Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
    5. Quick Ratio: 0.7
      • Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
    6. Stock P/E: 14.6 (Industry average Stock P/E: 115.31)
      • Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
    7. Total Debt / Equity: 0.73
      • Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
    The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
    Stock Rating:

About the Company - Qualitative Analysis

BCL Industries Ltd. is a Public Limited Listed company incorporated on 03/02/1976 and has its registered office in the State of Punjab, India. Company’s Corporate Identification Number(CIN) is L24231PB1976PLC003624 and registration number is 003624. Currently company belongs to the Industry of Edible Oils & Solvent Extraction. Company’s Total Operating Revenue is Rs. 1987.74 Cr. and Equity Capital is Rs. 24.15 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Edible Oils & Solvent ExtractionHazi Rattan Link Road, Bhatinda Punjab 151001bcl@mittalgroup.co.in
http://www.bcl.ind.in
Management
NamePosition Held
Mr. Ramesh Chander NayyarChairman & Ind.Director
Mr. Rajinder MittalManaging Director
Mr. Kushal MittalJoint Managing Director
Mr. Sat Narain GoyalWhole Time Director
Mrs. Neerja JainIndependent Woman Director
Mr. Parampal Singh BalIndependent Director

FAQ

What is the latest intrinsic value of BCL Industries Ltd?

The latest intrinsic value of BCL Industries Ltd as on 25 December 2024 is ₹60.09, which is 17.13% higher than the current market price of ₹51.30. The stock has a market capitalization of 1,515 Cr. and recorded a high/low of 86.3/45.8 during the current fiscal year 2024-2025. As of Sep 2024, the company has reserves of ₹727 Cr and total liabilities of ₹1,351 Cr.

What is the Market Cap of BCL Industries Ltd?

The Market Cap of BCL Industries Ltd is 1,515 Cr..

What is the current Stock Price of BCL Industries Ltd as on 25 December 2024?

The current stock price of BCL Industries Ltd as on 25 December 2024 is 51.3.

What is the High / Low of BCL Industries Ltd stocks in FY 2024-2025?

In FY 2024-2025, the High / Low of BCL Industries Ltd stocks is 86.3/45.8.

What is the Stock P/E of BCL Industries Ltd?

The Stock P/E of BCL Industries Ltd is 14.6.

What is the Book Value of BCL Industries Ltd?

The Book Value of BCL Industries Ltd is 25.6.

What is the Dividend Yield of BCL Industries Ltd?

The Dividend Yield of BCL Industries Ltd is 0.49 %.

What is the ROCE of BCL Industries Ltd?

The ROCE of BCL Industries Ltd is 15.7 %.

What is the ROE of BCL Industries Ltd?

The ROE of BCL Industries Ltd is 16.0 %.

What is the Face Value of BCL Industries Ltd?

The Face Value of BCL Industries Ltd is 1.00.

About the Author

Author Avatar
Getaka

Getaka, CFA, a financial analyst with 15 years of experience in the industry. Getaka holds an MBA degree and the Chartered Financial Analyst designation, demonstrating his profound understanding of financial analysis and investment management. Throughout his career, he has conducted numerous financial analyses and due diligence processes for companies in the industry, and has a strong track record of identifying key trends and opportunities. He leverages his expertise to deliver a thorough financial analysis of a company, encompassing its financial performance, key ratios, future prospects, and risks. Getaka is committed to providing accurate, reliable, and trustworthy information to help readers make informed decisions about their finances and investments.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in BCL Industries Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE