BCL Industries Ltd: Intrinsic Value & Share Price Analysis

Fair Value

₹22.08Overvalued by 23.60%vs CMP ₹28.90

P/E (7.3) × ROE (13.0%) × BV (₹28.90) × DY (0.90%)

₹36.09Undervalued by 24.88%vs CMP ₹28.90
MoS: +19.9% (Adequate)Confidence: 48/100 (Moderate)Models: 5 Under, 2 Fair, 2 Over
ModelCategoryValueWeightSignal
PE-ROEEarnings₹22.6322%Over (-21.7%)
Graham NumberEarnings₹50.8116%Under (+75.8%)
Earnings PowerEarnings₹3.5013%Over (-87.9%)
DCFCash Flow₹30.5013%Fair (+5.5%)
Net Asset ValueAssets₹28.937%Fair (+0.1%)
EV/EBITDAEnterprise₹45.609%Under (+57.8%)
Earnings YieldEarnings₹39.707%Under (+37.4%)
ROCE CapitalReturns₹86.939%Under (+200.8%)
Revenue MultipleRevenue₹47.695%Under (+65%)
Consensus (9 models)₹36.09100%Undervalued
Key Drivers: Wide model spread (₹4–₹87) — high uncertainty.

PE-ROE · Graham · EPV · DCF · NAV · EV/EBITDA · DDM · Earnings Yield · ROCE Capital · Revenue Multiple | CoE: 12% · Terminal: 4% · EPS CAGR: 2.5%

*Investments are subject to market risks

Analyst Summary

BCL Industries Ltd operates in the Edible Oils & Solvent Extraction segment, NSE: BCLIND | BSE: 524332, current market price is ₹28.90, market cap is 853 Cr.. At a glance, stock P/E is 7.28, ROE is 13.0 %, ROCE is 13.2 %, book value is 28.9, dividend yield is 0.90 %. The latest intrinsic value estimate is ₹36.09, which is about 24.9% above the current price, so the page currently reads as potentially undervalued rather than fully priced. On operating trend, latest reported sales are about ₹2,815 Cr versus the prior period change of 32.2%, while latest net profit is about ₹103 Cr with a prior-period change of 7.3%. The 52-week range shown on this page is 49.3/25.5, which helps frame where the current quote sits within its recent trading band. Business context: About the Company - Qualitative AnalysisBCL 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 L24231P…

This summary is generated from the stock page data available for BCL Industries Ltd: Intrinsic Value & Share Price Analysis and is refreshed automatically when the underlying metrics change.

Investment Snapshot

68
BCL Industries Ltd scores 68/100 (Average)
Based on 5 dimensions: health, institutional flow, earnings quality, momentum, and peer comparison
Stock Health73/100 · Strong
ROCE 13.2% GoodROE 13.0% GoodD/E 0.55 ModerateInterest Coverage 0.0x RiskyProfitable 5/5 years Consistent
Smart Money50/100 · Moderate
FII holding stable No changePromoter holding at 58.0% Stable
Earnings Quality60/100 · Moderate
OPM stable around 8% SteadyWorking capital: 41 days (improving) Efficient
Quarterly Momentum80/100 · Strong
Revenue (4Q): +9% YoY GrowingProfit (4Q): +28% YoY Strong
Industry Rank65/100 · Strong
P/E 7.3 vs industry 263.2 Cheaper than peersROCE 13.2% vs industry 14.3% Average3Y sales CAGR: 12% Moderate

Weights: Health 30% · Earnings Quality 25% · Momentum 20% · Industry Rank 15% · Smart Money 10%. Scores are computed from reported financials and recalculated daily. Not investment advice.

Share Price and Basic Stock Data

Last Updated: April 2, 2026, 4:12 am

Market Cap 853 Cr.
Current Price 28.9
Intrinsic Value₹36.09
High / Low 49.3/25.5
Stock P/E7.28
Book Value 28.9
Dividend Yield0.90 %
ROCE13.2 %
ROE13.0 %
Face Value 1.00
PEG Ratio2.92

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

View Share Price Target for BCL Industries Ltd

Competitors

Stock Name Market Cap Current Price High / Low Stock P/E Book Value Dividend Yield ROCE ROE Face Value
BCL Industries Ltd 853 Cr. 28.9 49.3/25.57.28 28.90.90 %13.2 %13.0 % 1.00
Jayant Agro Organics Ltd 484 Cr. 162 290/14711.0 1961.55 %12.6 %9.82 % 5.00
Modi Naturals Ltd 403 Cr. 303 610/25210.4 1070.00 %18.7 %29.2 % 10.0
Gokul Refoils and Solvent Ltd 374 Cr. 37.8 54.0/31.019.4 35.50.00 %8.40 %4.12 % 2.00
MK Proteins Ltd 164 Cr. 4.37 9.78/3.5619.3 1.960.00 %12.9 %12.4 % 1.00
Industry Average11,412.83 Cr130.95263.2137.260.19%14.31%12.90%4.29

All Competitor Stocks of BCL Industries Ltd

Quarterly Result

MetricDec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Sales 534457429481622598636721735723792691726
Expenses 493410389434568547582666689673738624660
Operating Profit 40473947555054554649536767
OPM % 8%10%9%10%9%8%8%8%6%7%7%10%9%
Other Income 2112222223312
Interest 5779107116857107
Depreciation 7779101011111212111313
Profit before tax 30332730383533392935384548
Tax % 24%26%27%35%13%32%27%24%28%21%11%30%26%
Net Profit 23252020332425302128333235
EPS in Rs 0.971.010.770.711.140.850.770.940.650.861.040.981.09

Last Updated: March 3, 2026, 11:54 am

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: February 27, 2026, 12:40 am

MetricMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025TTM
Sales 6428448909131,4271,9881,8182,1292,8152,932
Expenses 6057978178571,3591,8501,6951,9382,6112,696
Operating Profit 3747745669138124191205237
OPM % 6%6%8%6%5%7%7%9%7%8%
Other Income 57872887799
Interest 21211915261820333130
Depreciation 9111114131525364650
Profit before tax 112252355811385130137166
Tax % 14%18%20%26%27%25%25%26%25%
Net Profit 1018412642856496103128
EPS in Rs 0.691.142.371.351.753.512.743.323.223.97
Dividend Payout % 14%0%5%0%29%14%18%8%8%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2017-20182018-20192019-20202020-20212021-20222022-20232023-20242024-2025
YoY Net Profit Growth (%)80.00%127.78%-36.59%61.54%102.38%-24.71%50.00%7.29%
Change in YoY Net Profit Growth (%)0.00%47.78%-164.36%98.12%40.84%-127.09%74.71%-42.71%

BCL Industries Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 8 years from 2017-2018 to 2024-2025.

Growth

Compounded Sales Growth
10 Years:%
5 Years:25%
3 Years:12%
TTM:27%
Compounded Profit Growth
10 Years:%
5 Years:30%
3 Years:4%
TTM:9%
Stock Price CAGR
10 Years:31%
5 Years:54%
3 Years:5%
1 Year:-29%
Return on Equity
10 Years:%
5 Years:16%
3 Years:15%
Last Year:13%

Last Updated: September 5, 2025, 2:36 pm

Balance Sheet

Last Updated: December 4, 2025, 2:30 am

MonthMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Sep 2025
Equity Capital 14161719242424273030
Reserves 84116165198261342456624772824
Borrowings 217228192178183260438477536662
Other Liabilities 166136185209164130177172217167
Total Liabilities 4814955606046327581,0961,3011,5551,683
Fixed Assets 85136138129129153339641634707
CWIP 5451019291662121311080
Investments 253334362657101142
Other Assets 317321377420448433537637800853
Total Assets 4814955606046327581,0961,3011,5551,683

Reserves and Borrowings Chart

Cash Flow

MonthMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Cash from Operating Activity + 43105329595293963
Cash from Investing Activity + -45-40-19-13-13-145-250-131-129
Cash from Financing Activity + 1616-25-216622069283
Net Cash Flow 13-148-6-212-16017
Free Cash Flow -323415-17-72-228-98-71
CFO/OP 123%30%84%62%16%96%41%36%42%

Free Cash Flow

MonthMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Free Cash Flow-180.00-181.00-118.00-122.00-114.00-122.00-314.00-286.00-331.00

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 2024Mar 2025
Debtor Days 271825143419192117
Inventory Days 1691421381657543838873
Days Payable 935579763017322221
Cash Conversion Cycle 102106841038044708769
Working Capital Days 232729353719294741
ROCE %13%19%13%19%23%13%16%13%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthMar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Promoters 61.13%61.36%60.41%56.92%56.08%59.47%57.77%57.77%58.03%58.03%58.03%58.03%
FIIs 0.41%0.00%1.66%5.88%6.41%4.84%1.84%0.77%0.86%0.46%0.43%0.37%
DIIs 0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.05%0.02%0.02%
Government 0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.92%0.92%0.92%0.92%0.92%
Public 38.45%38.64%37.92%37.21%37.52%35.69%40.39%40.54%40.19%40.54%40.60%40.66%
No. of Shareholders 23,80525,05128,19573,11392,0011,01,6471,38,4111,41,7901,41,6471,40,4231,39,3791,36,625

Shareholding Pattern Chart

No. of Shareholders

BCL Industries Ltd: Intrinsic Value & Share Price Analysis - Shareholder trend analysis

This stock is not held by any mutual fund.

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 25Mar 24Mar 23Mar 22Mar 21
FaceValue 1.001.0010.0010.0010.00
Basic EPS (Rs.) 3.263.5427.4535.1018.75
Diluted EPS (Rs.) 3.263.4326.5935.1018.75
Cash EPS (Rs.) 5.054.8436.9841.1822.74
Book Value[Excl.RevalReserv]/Share (Rs.) 27.1424.71202.84156.49118.71
Book Value[Incl.RevalReserv]/Share (Rs.) 27.1624.73203.03156.69118.91
Revenue From Operations / Share (Rs.) 95.3878.18752.93823.08590.99
PBDIT / Share (Rs.) 7.247.3253.9460.3335.86
PBIT / Share (Rs.) 5.685.9943.6154.2530.57
PBT / Share (Rs.) 4.634.7635.4046.9423.96
Net Profit / Share (Rs.) 3.483.5226.6535.1017.45
NP After MI And SOA / Share (Rs.) 3.223.3227.4535.1317.47
PBDIT Margin (%) 7.589.357.167.326.06
PBIT Margin (%) 5.957.665.796.595.17
PBT Margin (%) 4.856.094.705.704.05
Net Profit Margin (%) 3.654.503.534.262.95
NP After MI And SOA Margin (%) 3.374.243.644.262.95
Return on Networth / Equity (%) 11.8513.8613.8023.1614.84
Return on Capital Employeed (%) 14.8317.1314.3426.2520.31
Return On Assets (%) 6.106.946.0511.206.67
Long Term Debt / Equity (X) 0.320.380.470.280.20
Total Debt / Equity (X) 0.660.730.910.710.55
Asset Turnover Ratio (%) 1.971.781.963.002.32
Current Ratio (X) 1.811.811.431.491.67
Quick Ratio (X) 0.760.700.530.730.73
Inventory Turnover Ratio (X) 6.794.635.767.453.87
Dividend Payout Ratio (NP) (%) 7.775.474.227.690.00
Dividend Payout Ratio (CP) (%) 5.233.913.066.560.00
Earning Retention Ratio (%) 92.2394.5395.7892.310.00
Cash Earning Retention Ratio (%) 94.7796.0996.9493.440.00
Interest Coverage Ratio (X) 6.906.036.578.255.42
Interest Coverage Ratio (Post Tax) (X) 4.323.924.245.803.64
Enterprise Value (Cr.) 1591.592021.121393.161328.61403.21
EV / Net Operating Revenue (X) 0.560.940.760.660.28
EV / EBITDA (X) 7.4510.1410.699.124.66
MarketCap / Net Operating Revenue (X) 0.370.710.520.540.18
Retention Ratios (%) 92.2294.5295.7792.300.00
Price / BV (X) 1.322.351.992.940.90
Price / Net Operating Revenue (X) 0.370.710.520.540.18
EarningsYield 0.090.050.060.070.16

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

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 is involved in the business activities of Manufacture of vegetable oils and fats excluding corn oil. Company's Total Operating Revenue is Rs. 1971.00 Cr. and Equity Capital is Rs. 29.52 Cr. for the Year ended 31/03/2025.
INDUSTRYADDRESSCONTACT
Beverages & DistilleriesHazi Rattan Link Road, Bhatinda Punjab 151001Contact not found
Management
NamePosition Held
Maj.Gen.(Retd.) Parampal Singh BalChairman & Ind.Director
Mr. Rajinder MittalManaging Director
Mr. Kushal MittalJoint Managing Director
Mr. Sat Narain GoyalWhole Time Director
Mrs. Neerja JainIndependent Woman Director
Mr. Kahan Singh PannuIndependent Director

FAQ

What is the intrinsic value of BCL Industries Ltd and is it undervalued?

As of 23 April 2026, BCL Industries Ltd's intrinsic value is ₹36.09, which is 24.88% higher than the current market price of ₹28.90, suggesting the stock is undervalued. This is calculated using the PE ratio method factoring in ROE (13.0 %), book value (₹28.9), dividend yield (0.90 %), and 5-year EPS CAGR.

What is the current share price and 52-week range of BCL Industries Ltd?

BCL Industries Ltd is trading at ₹28.90 as of 23 April 2026, with a FY2026-2027 high of ₹49.3 and low of ₹25.5. The stock is currently near its 52-week low. Market cap stands at ₹853 Cr..

How does BCL Industries Ltd's P/E ratio compare to its industry?

BCL Industries Ltd has a P/E ratio of 7.28, which is below the industry average of 263.21. Trading at a steep discount to peers could signal a value opportunity or reflect concerns about the company's fundamentals.

Is BCL Industries Ltd financially healthy?

Key indicators for BCL Industries Ltd: ROCE of 13.2 % is moderate. Dividend yield is 0.90 %.

Is BCL Industries Ltd profitable and how is the profit trend?

BCL Industries Ltd reported a net profit of ₹103 Cr in Mar 2025 on revenue of ₹2,815 Cr. Compared to ₹85 Cr in Mar 2022, the net profit shows an improving trend.

Does BCL Industries Ltd pay dividends?

BCL Industries Ltd has a dividend yield of 0.90 % at the current price of ₹28.90. The company pays dividends, though the yield is modest.

Last Updated: April 2, 2026, 4:12 am
Author: Getaka|Social: XLinkedIn
Stock Ticker - BSE: 524332 | NSE: BCLIND
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