Bengal & Assam Company Ltd: Intrinsic Value & Share Price Analysis

Share Price and Basic Stock Data

Last Updated: July 27, 2025, 1:50 pm

Market Cap	9,291 Cr.
Current Price	8,225
High / Low	11,499/6,220
Stock P/E	12.8
Book Value	8,634
Dividend Yield	0.49 %
ROCE	4.28 %
ROE	7.69 %
Face Value	10.0
PEG Ratio	1.28

Quick Insight

Bengal & Assam Company Ltd, operating within the Non-Banking Financial Company (NBFC) sector, is currently priced at ₹8,173, reflecting a market capitalization of ₹9,232 crore and a P/E ratio of 12.8. The company boasts a relatively low return on equity (ROE) of 7.69% and a return on capital employed (ROCE) of 4.28%, indicating potential inefficiencies in capital utilization. With promoter holdings at a robust 73.02%, investor confidence appears strong despite minimal foreign institutional investment (FIIs) at 4.57% and negligible domestic institutional investment (DIIs) at 0.01%. Given these figures, potential investors should weigh the high promoter stake against the company's lack of disclosed net profits and reserves. In conclusion, while the strong promoter backing may suggest stability, the low ROE and ROCE raise questions about growth prospects, warranting cautious consideration before investment.

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

Stock P/E Current Price Intrinsic Value

View Share Price Target for Bengal & Assam Company Ltd

Competitors of Bengal & Assam Company Ltd

Stock Name ⇩	Market Cap ⇩	Current Price ⇩	High / Low ⇩	Stock P/E ⇩	Book Value ⇩	Dividend Yield ⇩	ROCE ⇩	ROE ⇩	Face Value ⇩
Minolta Finance Ltd	10.7 Cr.	1.07	1.91/0.72	1,070	1.07	0.00 %	0.40 %	0.09 %	1.00
Money Masters Leasing & Finance Ltd	16.5 Cr.	1.64	19.4/1.06	32.3	1.57	0.00 %	2.44 %	3.58 %	1.00
Moneyboxx Finance Ltd	572 Cr.	175	346/158	457	79.8	0.00 %	8.73 %	0.58 %	10.0
Moongipa Capital Finance Ltd	18.0 Cr.	19.7	41.0/18.0	13.1	24.9	0.00 %	15.0 %	9.43 %	10.0
Morarka Finance Ltd	53.5 Cr.	119	191/95.0	41.5	212	5.04 %	2.46 %	2.17 %	10.0
Industry Average	26,642.53 Cr	475.14		82.42	498.73	0.26%	15.73%	8.87%	8.48

All Competitor Stocks of Bengal & Assam Company Ltd

Quarterly Result

Metric	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025
Sales	3,702	4,167	4,228	3,993	4,103	4,241	4,377	3,777	523	528	590	489	521
Expenses	3,445	3,814	3,847	3,619	3,622	3,710	3,697	3,224	413	445	432	421	428
Operating Profit	257	353	381	374	481	531	680	553	110	83	157	68	93
OPM %	7%	8%	9%	9%	12%	13%	16%	15%	21%	16%	27%	14%	18%
Other Income	191	149	99	191	201	18	14	3,098	29	17	24	39	31
Interest	109	107	117	129	135	129	119	106	10	10	10	11	13
Depreciation	108	112	110	114	120	120	122	114	17	17	17	17	17
Profit before tax	232	283	252	322	427	299	452	3,431	111	73	154	80	93
Tax %	8%	14%	17%	16%	19%	33%	32%	11%	25%	28%	20%	29%	28%
Net Profit	214	244	210	272	345	378	437	3,062	317	256	128	140	231
EPS in Rs	172.26	195.57	168.24	212.38	253.91	263.66	283.68	2,622.08	275.57	219.90	113.29	117.57	197.25

Last Updated: May 31, 2025, 6:45 am

Below is a detailed analysis of the quarterly data for Bengal & Assam Company Ltd based on the most recent figures (Mar 2025) and their trends compared to the previous period:

For Sales, as of Mar 2025, the value is 521.00 Cr.. The value appears strong and on an upward trend. It has increased from 489.00 Cr. (Dec 2024) to 521.00 Cr., marking an increase of 32.00 Cr..
For Expenses, as of Mar 2025, the value is 428.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 421.00 Cr. (Dec 2024) to 428.00 Cr., marking an increase of 7.00 Cr..
For Operating Profit, as of Mar 2025, the value is 93.00 Cr.. The value appears strong and on an upward trend. It has increased from 68.00 Cr. (Dec 2024) to 93.00 Cr., marking an increase of 25.00 Cr..
For OPM %, as of Mar 2025, the value is 18.00%. The value appears strong and on an upward trend. It has increased from 14.00% (Dec 2024) to 18.00%, marking an increase of 4.00%.
For Other Income, as of Mar 2025, the value is 31.00 Cr.. The value appears to be declining and may need further review. It has decreased from 39.00 Cr. (Dec 2024) to 31.00 Cr., marking a decrease of 8.00 Cr..
For Interest, as of Mar 2025, the value is 13.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 11.00 Cr. (Dec 2024) to 13.00 Cr., marking an increase of 2.00 Cr..
For Depreciation, as of Mar 2025, the value is 17.00 Cr.. The value remains steady. There is no change compared to the previous period (Dec 2024) which recorded 17.00 Cr..
For Profit before tax, as of Mar 2025, the value is 93.00 Cr.. The value appears strong and on an upward trend. It has increased from 80.00 Cr. (Dec 2024) to 93.00 Cr., marking an increase of 13.00 Cr..
For Tax %, as of Mar 2025, the value is 28.00%. The value appears to be improving (decreasing) as expected. It has decreased from 29.00% (Dec 2024) to 28.00%, marking a decrease of 1.00%.
For Net Profit, as of Mar 2025, the value is 231.00 Cr.. The value appears strong and on an upward trend. It has increased from 140.00 Cr. (Dec 2024) to 231.00 Cr., marking an increase of 91.00 Cr..
For EPS in Rs, as of Mar 2025, the value is 197.25. The value appears strong and on an upward trend. It has increased from 117.57 (Dec 2024) to 197.25, marking an increase of 79.68.

Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: July 22, 2025, 2:25 pm

Metric	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Sales	1,251	1,371	1,438	1,560	1,531	12,534	11,119	10,439	13,609	16,521	12,962	2,128
Expenses	1,133	1,205	1,243	1,283	1,247	11,151	9,842	8,937	12,278	14,903	11,044	1,727
Operating Profit	118	166	195	277	284	1,383	1,278	1,502	1,330	1,618	1,918	401
OPM %	9%	12%	14%	18%	19%	11%	11%	14%	10%	10%	15%	19%
Other Income	101	27	26	28	29	-33	-84	52	26	-7	2,929	111
Interest	86	84	94	93	164	574	609	504	449	488	364	44
Depreciation	33	34	37	40	42	367	423	428	428	456	373	68
Profit before tax	99	74	90	171	108	409	161	622	479	667	4,109	400
Tax %	22%	19%	24%	24%	29%	34%	-85%	38%	35%	32%	16%	25%
Net Profit	77	178	250	345	207	457	522	678	731	1,071	4,194	755
EPS in Rs	83.65	199.70	279.03	382.63	231.31	415.28	402.92	450.08	555.74	830.10	3,445.00	648.01
Dividend Payout %	6%	4%	4%	3%	4%	3%	4%	2%	3%	3%	1%	8%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2014-2015	2015-2016	2016-2017	2017-2018	2018-2019	2019-2020	2020-2021	2021-2022	2022-2023	2023-2024	2024-2025
YoY Net Profit Growth (%)	131.17%	40.45%	38.00%	-40.00%	120.77%	14.22%	29.89%	7.82%	46.51%	291.60%	-82.00%
Change in YoY Net Profit Growth (%)	0.00%	-90.72%	-2.45%	-78.00%	160.77%	-106.55%	15.66%	-22.07%	38.69%	245.09%	-373.59%

Bengal & Assam Company Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2014-2015 to 2024-2025.

Growth

Compounded Sales Growth
10 Years:	4%
5 Years:	-28%
3 Years:	-46%
TTM:	-84%

Compounded Profit Growth
10 Years:	15%
5 Years:	7%
3 Years:	5%
TTM:	-55%

Stock Price CAGR
10 Years:	32%
5 Years:	44%
3 Years:	44%
1 Year:	-10%

Return on Equity
10 Years:	15%
5 Years:	15%
3 Years:	15%
Last Year:	8%

Last Updated: Unknown

Balance Sheet

Last Updated: July 25, 2025, 1:43 pm

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Equity Capital	9	9	9	9	9	11	11	11	11	11	11	11
Reserves	522	1,274	1,514	1,813	2,005	2,991	3,363	3,904	4,533	5,502	9,044	9,742
Borrowings	371	410	444	422	348	6,474	6,093	5,110	5,527	5,185	422	556
Other Liabilities	303	314	328	347	416	4,734	4,833	5,418	6,155	6,527	960	1,058
Total Liabilities	1,205	2,006	2,294	2,591	2,777	14,211	14,300	14,443	16,226	17,226	10,437	11,368
Fixed Assets	376	355	377	366	391	6,701	6,810	6,647	6,841	6,931	461	497
CWIP	4	9	3	20	11	287	295	328	136	232	22	8
Investments	564	1,289	1,508	1,703	1,984	1,819	2,085	2,423	2,749	3,602	9,090	9,869
Other Assets	261	353	406	502	391	5,404	5,110	5,045	6,500	6,460	864	993
Total Assets	1,205	2,006	2,294	2,591	2,777	14,211	14,300	14,443	16,226	17,226	10,437	11,368

Below is a detailed analysis of the balance sheet data for Bengal & Assam Company Ltd based on the most recent figures (Mar 2025) and their trends compared to the previous period:

For Equity Capital, as of Mar 2025, the value is 11.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 11.00 Cr..
For Reserves, as of Mar 2025, the value is 9,742.00 Cr.. The value appears strong and on an upward trend. It has increased from 9,044.00 Cr. (Mar 2024) to 9,742.00 Cr., marking an increase of 698.00 Cr..
For Borrowings, as of Mar 2025, the value is 556.00 Cr.. The value appears to be increasing, which may not be favorable. Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has increased from 422.00 Cr. (Mar 2024) to 556.00 Cr., marking an increase of 134.00 Cr..
For Other Liabilities, as of Mar 2025, the value is 1,058.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 960.00 Cr. (Mar 2024) to 1,058.00 Cr., marking an increase of 98.00 Cr..
For Total Liabilities, as of Mar 2025, the value is 11,368.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 10,437.00 Cr. (Mar 2024) to 11,368.00 Cr., marking an increase of 931.00 Cr..
For Fixed Assets, as of Mar 2025, the value is 497.00 Cr.. The value appears strong and on an upward trend. It has increased from 461.00 Cr. (Mar 2024) to 497.00 Cr., marking an increase of 36.00 Cr..
For CWIP, as of Mar 2025, the value is 8.00 Cr.. The value appears to be declining and may need further review. It has decreased from 22.00 Cr. (Mar 2024) to 8.00 Cr., marking a decrease of 14.00 Cr..
For Investments, as of Mar 2025, the value is 9,869.00 Cr.. The value appears strong and on an upward trend. It has increased from 9,090.00 Cr. (Mar 2024) to 9,869.00 Cr., marking an increase of 779.00 Cr..
For Other Assets, as of Mar 2025, the value is 993.00 Cr.. The value appears strong and on an upward trend. It has increased from 864.00 Cr. (Mar 2024) to 993.00 Cr., marking an increase of 129.00 Cr..
For Total Assets, as of Mar 2025, the value is 11,368.00 Cr.. The value appears strong and on an upward trend. It has increased from 10,437.00 Cr. (Mar 2024) to 11,368.00 Cr., marking an increase of 931.00 Cr..

Notably, the Reserves (9,742.00 Cr.) exceed the Borrowings (556.00 Cr.), indicating a solid financial buffer.

Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.

Reserves and Borrowings Chart

Cash Flow

Month	Month		Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Cash from Operating Activity +	139	109	144	113	102	993	1,499	1,780	351	1,437	1,817	294
Cash from Investing Activity +	44	-105	-102	54	-163	-368	-348	-177	-188	-647	-1,392	-286
Cash from Financing Activity +	-183	-3	-37	-172	64	-567	-1,191	-1,567	-144	-778	-590	39
Net Cash Flow	-0	1	4	-5	3	58	-39	37	19	12	-165	48

Free Cash Flow

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Free Cash Flow	-253.00	-244.00	-249.00	-145.00	-64.00	-5.00	-5.00	-4.00	-4.00	-4.00	-421.00	-155.00

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

Month	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	39	34	34	32	29	32	65	73	63	61	57	9
Inventory Days	24	23	24	25	27	28	89	118	120	114	91	20
Days Payable	22	28	30	32	32	30	81	114	101	96	70	9
Cash Conversion Cycle	41	29	28	26	24	30	73	77	81	79	78	20
Working Capital Days	20	11	13	16	40	16	61	56	40	51	42	9
ROCE %	14%	12%	12%	10%	12%	11%	15%	8%	10%	8%	10%	14%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024
Promoters	72.66%	72.66%	72.66%	72.66%	72.66%	72.66%	72.66%	73.02%	73.02%	73.02%	73.02%	73.02%
FIIs	3.53%	3.89%	3.89%	3.89%	3.90%	3.92%	4.28%	4.31%	4.31%	4.31%	4.55%	4.57%
DIIs	0.50%	0.50%	0.37%	0.07%	0.06%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%
Public	23.31%	22.95%	23.09%	23.38%	23.38%	23.42%	23.06%	22.67%	22.67%	22.67%	22.43%	22.41%
No. of Shareholders	22,984	22,665	22,345	21,602	21,435	20,792	20,629	20,819	21,019	21,021	21,119	20,339

Shareholding Pattern Chart

No. of Shareholders

This stock is not held by any mutual fund.

ROCE Trend

EPS Trend

Key Financial Ratios

Month	Mar 25	Mar 24	Mar 23	Mar 22	Mar 21
FaceValue	10.00	10.00	10.00	10.00	10.00
Basic EPS (Rs.)	648.01	3444.99	830.10	555.74	450.07
Diluted EPS (Rs.)	638.43	3444.99	830.10	555.74	450.07
Cash EPS (Rs.)	325.45	3399.57	804.25	656.90	719.49
Book Value[Excl.RevalReserv]/Share (Rs.)	8634.39	8180.76	6630.28	5429.77	4794.59
Book Value[Incl.RevalReserv]/Share (Rs.)	8634.39	8180.76	6630.28	5429.77	4794.59
Revenue From Operations / Share (Rs.)	1883.71	11435.08	14599.16	12017.81	9206.93
PBDIT / Share (Rs.)	442.66	1726.19	1480.24	1197.45	1351.39
PBIT / Share (Rs.)	382.06	1395.90	1076.82	818.18	972.92
PBT / Share (Rs.)	354.28	3637.68	590.50	424.02	556.81
Net Profit / Share (Rs.)	264.85	3069.28	400.84	277.63	341.02
NP After MI And SOA / Share (Rs.)	648.01	3444.99	830.11	555.74	450.07
PBDIT Margin (%)	23.49	15.09	10.13	9.96	14.67
PBIT Margin (%)	20.28	12.20	7.37	6.80	10.56
PBT Margin (%)	18.80	31.81	4.04	3.52	6.04
Net Profit Margin (%)	14.05	26.84	2.74	2.31	3.70
NP After MI And SOA Margin (%)	34.40	30.12	5.68	4.62	4.88
Return on Networth / Equity (%)	7.50	42.97	17.00	13.81	12.98
Return on Capital Employeed (%)	4.11	16.17	13.59	12.50	16.90
Return On Assets (%)	6.43	37.16	5.40	3.84	3.50
Long Term Debt / Equity (X)	0.00	0.00	0.03	0.04	0.05
Total Debt / Equity (X)	0.05	0.04	0.94	1.22	1.30
Asset Turnover Ratio (%)	0.19	0.92	0.01	0.01	0.01
Current Ratio (X)	12.17	13.61	1.11	0.95	0.86
Quick Ratio (X)	11.76	13.09	0.79	0.63	0.60
Inventory Turnover Ratio (X)	2.30	4.68	0.00	0.00	0.00
Dividend Payout Ratio (NP) (%)	0.00	0.72	1.80	1.34	0.00
Dividend Payout Ratio (CP) (%)	0.00	0.66	1.21	0.80	0.00
Earning Retention Ratio (%)	0.00	99.28	98.20	98.66	0.00
Cash Earning Retention Ratio (%)	0.00	99.34	98.79	99.20	0.00
Interest Coverage Ratio (X)	11.40	5.35	3.43	3.01	3.03
Interest Coverage Ratio (Post Tax) (X)	7.54	2.56	2.05	1.69	1.71
Enterprise Value (Cr.)	8817.24	10221.95	10977.72	9439.46	7853.80
EV / Net Operating Revenue (X)	4.14	0.79	0.66	0.69	0.75
EV / EBITDA (X)	17.63	5.24	6.57	6.98	5.14
MarketCap / Net Operating Revenue (X)	3.83	0.74	0.25	0.19	0.14
Retention Ratios (%)	0.00	99.27	98.19	98.65	0.00
Price / BV (X)	0.83	1.07	0.74	0.58	0.39
Price / Net Operating Revenue (X)	3.83	0.74	0.25	0.19	0.14
EarningsYield	0.08	0.40	0.22	0.23	0.32

After reviewing the key financial ratios for Bengal & Assam Company Ltd, here is a detailed analysis based on the latest available data and recent trends:

For FaceValue, as of Mar 25, the value is 10.00. This value is within the healthy range. There is no change compared to the previous period (Mar 24) which recorded 10.00.
For Basic EPS (Rs.), as of Mar 25, the value is 648.01. This value is within the healthy range. It has decreased from 3,444.99 (Mar 24) to 648.01, marking a decrease of 2,796.98.
For Diluted EPS (Rs.), as of Mar 25, the value is 638.43. This value is within the healthy range. It has decreased from 3,444.99 (Mar 24) to 638.43, marking a decrease of 2,806.56.
For Cash EPS (Rs.), as of Mar 25, the value is 325.45. This value is within the healthy range. It has decreased from 3,399.57 (Mar 24) to 325.45, marking a decrease of 3,074.12.
For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 8,634.39. It has increased from 8,180.76 (Mar 24) to 8,634.39, marking an increase of 453.63.
For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 8,634.39. It has increased from 8,180.76 (Mar 24) to 8,634.39, marking an increase of 453.63.
For Revenue From Operations / Share (Rs.), as of Mar 25, the value is 1,883.71. It has decreased from 11,435.08 (Mar 24) to 1,883.71, marking a decrease of 9,551.37.
For PBDIT / Share (Rs.), as of Mar 25, the value is 442.66. This value is within the healthy range. It has decreased from 1,726.19 (Mar 24) to 442.66, marking a decrease of 1,283.53.
For PBIT / Share (Rs.), as of Mar 25, the value is 382.06. This value is within the healthy range. It has decreased from 1,395.90 (Mar 24) to 382.06, marking a decrease of 1,013.84.
For PBT / Share (Rs.), as of Mar 25, the value is 354.28. This value is within the healthy range. It has decreased from 3,637.68 (Mar 24) to 354.28, marking a decrease of 3,283.40.
For Net Profit / Share (Rs.), as of Mar 25, the value is 264.85. This value is within the healthy range. It has decreased from 3,069.28 (Mar 24) to 264.85, marking a decrease of 2,804.43.
For NP After MI And SOA / Share (Rs.), as of Mar 25, the value is 648.01. This value is within the healthy range. It has decreased from 3,444.99 (Mar 24) to 648.01, marking a decrease of 2,796.98.
For PBDIT Margin (%), as of Mar 25, the value is 23.49. This value is within the healthy range. It has increased from 15.09 (Mar 24) to 23.49, marking an increase of 8.40.
For PBIT Margin (%), as of Mar 25, the value is 20.28. This value exceeds the healthy maximum of 20. It has increased from 12.20 (Mar 24) to 20.28, marking an increase of 8.08.
For PBT Margin (%), as of Mar 25, the value is 18.80. This value is within the healthy range. It has decreased from 31.81 (Mar 24) to 18.80, marking a decrease of 13.01.
For Net Profit Margin (%), as of Mar 25, the value is 14.05. This value exceeds the healthy maximum of 10. It has decreased from 26.84 (Mar 24) to 14.05, marking a decrease of 12.79.
For NP After MI And SOA Margin (%), as of Mar 25, the value is 34.40. This value exceeds the healthy maximum of 20. It has increased from 30.12 (Mar 24) to 34.40, marking an increase of 4.28.
For Return on Networth / Equity (%), as of Mar 25, the value is 7.50. This value is below the healthy minimum of 15. It has decreased from 42.97 (Mar 24) to 7.50, marking a decrease of 35.47.
For Return on Capital Employeed (%), as of Mar 25, the value is 4.11. This value is below the healthy minimum of 10. It has decreased from 16.17 (Mar 24) to 4.11, marking a decrease of 12.06.
For Return On Assets (%), as of Mar 25, the value is 6.43. This value is within the healthy range. It has decreased from 37.16 (Mar 24) to 6.43, marking a decrease of 30.73.
For Long Term Debt / Equity (X), as of Mar 25, the value is 0.00. This value is below the healthy minimum of 0.2. There is no change compared to the previous period (Mar 24) which recorded 0.00.
For Total Debt / Equity (X), as of Mar 25, the value is 0.05. This value is within the healthy range. It has increased from 0.04 (Mar 24) to 0.05, marking an increase of 0.01.
For Asset Turnover Ratio (%), as of Mar 25, the value is 0.19. It has decreased from 0.92 (Mar 24) to 0.19, marking a decrease of 0.73.
For Current Ratio (X), as of Mar 25, the value is 12.17. This value exceeds the healthy maximum of 3. It has decreased from 13.61 (Mar 24) to 12.17, marking a decrease of 1.44.
For Quick Ratio (X), as of Mar 25, the value is 11.76. This value exceeds the healthy maximum of 2. It has decreased from 13.09 (Mar 24) to 11.76, marking a decrease of 1.33.
For Inventory Turnover Ratio (X), as of Mar 25, the value is 2.30. This value is below the healthy minimum of 4. It has decreased from 4.68 (Mar 24) to 2.30, marking a decrease of 2.38.
For Dividend Payout Ratio (NP) (%), as of Mar 25, the value is 0.00. This value is below the healthy minimum of 20. It has decreased from 0.72 (Mar 24) to 0.00, marking a decrease of 0.72.
For Dividend Payout Ratio (CP) (%), as of Mar 25, the value is 0.00. This value is below the healthy minimum of 20. It has decreased from 0.66 (Mar 24) to 0.00, marking a decrease of 0.66.
For Earning Retention Ratio (%), as of Mar 25, the value is 0.00. This value is below the healthy minimum of 40. It has decreased from 99.28 (Mar 24) to 0.00, marking a decrease of 99.28.
For Cash Earning Retention Ratio (%), as of Mar 25, the value is 0.00. This value is below the healthy minimum of 40. It has decreased from 99.34 (Mar 24) to 0.00, marking a decrease of 99.34.
For Interest Coverage Ratio (X), as of Mar 25, the value is 11.40. This value is within the healthy range. It has increased from 5.35 (Mar 24) to 11.40, marking an increase of 6.05.
For Interest Coverage Ratio (Post Tax) (X), as of Mar 25, the value is 7.54. This value is within the healthy range. It has increased from 2.56 (Mar 24) to 7.54, marking an increase of 4.98.
For Enterprise Value (Cr.), as of Mar 25, the value is 8,817.24. It has decreased from 10,221.95 (Mar 24) to 8,817.24, marking a decrease of 1,404.71.
For EV / Net Operating Revenue (X), as of Mar 25, the value is 4.14. This value exceeds the healthy maximum of 3. It has increased from 0.79 (Mar 24) to 4.14, marking an increase of 3.35.
For EV / EBITDA (X), as of Mar 25, the value is 17.63. This value exceeds the healthy maximum of 15. It has increased from 5.24 (Mar 24) to 17.63, marking an increase of 12.39.
For MarketCap / Net Operating Revenue (X), as of Mar 25, the value is 3.83. This value exceeds the healthy maximum of 3. It has increased from 0.74 (Mar 24) to 3.83, marking an increase of 3.09.
For Retention Ratios (%), as of Mar 25, the value is 0.00. This value is below the healthy minimum of 30. It has decreased from 99.27 (Mar 24) to 0.00, marking a decrease of 99.27.
For Price / BV (X), as of Mar 25, the value is 0.83. This value is below the healthy minimum of 1. It has decreased from 1.07 (Mar 24) to 0.83, marking a decrease of 0.24.
For Price / Net Operating Revenue (X), as of Mar 25, the value is 3.83. This value exceeds the healthy maximum of 3. It has increased from 0.74 (Mar 24) to 3.83, marking an increase of 3.09.
For EarningsYield, as of Mar 25, the value is 0.08. This value is below the healthy minimum of 5. It has decreased from 0.40 (Mar 24) to 0.08, marking a decrease of 0.32.

Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Bengal & Assam Company Ltd as of July 27, 2025 is: 6,832.21

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 July 27, 2025, Bengal & Assam Company Ltd is Overvalued by 16.93% compared to the current share price 8,225.00

Intrinsic Value of Bengal & Assam Company Ltd as of July 27, 2025 is: 7,513.35

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 July 27, 2025, Bengal & Assam Company Ltd is Overvalued by 8.65% compared to the current share price 8,225.00

Last 5 Year EPS CAGR: 9.97%

*Investments are subject to market risks

Strength and Weakness

Strength	Weakness
The company has higher reserves (3,850.58 cr) compared to borrowings (2,613.50 cr), indicating strong financial stability. The company has shown consistent growth in sales (6.75 cr) and profit (273.67 cr) over the years.	The stock has a low average ROCE of 11.33%, which may not be favorable. The stock has a high average Working Capital Days of 31.25, which may not be favorable. The stock has a high average Cash Conversion Cycle of 48.83, 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 Bengal & Assam Company Ltd:
1. Net Profit Margin: 14.05%
  - 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: 4.11% (Industry Average ROCE: 15.73%)
  - 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%: 7.5% (Industry Average ROE: 8.87%)
  - 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): 7.54
  - 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: 11.76
  - 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: 12.8 (Industry average Stock P/E: 82.42)
  - 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: 0.05
  - 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

Bengal & Assam Company Ltd. is a Public Limited Listed company incorporated on 30/01/1947 and has its registered office in the State of West Bengal, India. Company's Corporate Identification Number(CIN) is L67120WB1947PLC221402 and registration number is 116830. Currently Company is involved in the business activities of Activities of holding companies. Company's Total Operating Revenue is Rs. 156.77 Cr. and Equity Capital is Rs. 11.30 Cr. for the Year ended 31/03/2025.

INDUSTRY	ADDRESS	CONTACT
Non-Banking Financial Company (NBFC)	7, Council House Street, Kolkata West Bengal 700001	dswain@jkmail.com http://www.bengalassam.com

Management
Name	Position Held
Mr. Bharat Hari Singhania	Chairman
Mr. Sanjeev Kumar Jhunjhunwala	Director
Mr. Ashok Kumar Kinra	Director
Mr. Bakul Jain	Director
Dr. Raghupati Singhania	Director
Mr. Sanjay Kumar Khaitan	Director
Mr. Shailendra Swarup	Director
Ms. Vinita Singhania	Director
Ms. Deepa Gopalan Wadhwa	Director

FAQ

What is the intrinsic value of Bengal & Assam Company Ltd?

Bengal & Assam Company Ltd's intrinsic value (as of 27 July 2025) is 6832.21 16.93% lower the current market price of 8,225.00, indicating overvalued. Calculated using the PE ratio method, this valuation considers the company's 9,291 Cr. market cap, FY2025-2026 high/low of 11,499/6,220, reserves of 9,742 Cr, and liabilities of 11,368 Cr.

What is the Market Cap of Bengal & Assam Company Ltd?

The Market Cap of Bengal & Assam Company Ltd is 9,291 Cr..

What is the current Stock Price of Bengal & Assam Company Ltd as on 27 July 2025?

The current stock price of Bengal & Assam Company Ltd as on 27 July 2025 is 8,225.

What is the High / Low of Bengal & Assam Company Ltd stocks in FY 2025-2026?

In FY 2025-2026, the High / Low of Bengal & Assam Company Ltd stocks is ₹11,499/6,220.

What is the Stock P/E of Bengal & Assam Company Ltd?

The Stock P/E of Bengal & Assam Company Ltd is 12.8.

What is the Book Value of Bengal & Assam Company Ltd?

The Book Value of Bengal & Assam Company Ltd is 8,634.

What is the Dividend Yield of Bengal & Assam Company Ltd?

The Dividend Yield of Bengal & Assam Company Ltd is 0.49 %.

What is the ROCE of Bengal & Assam Company Ltd?

The ROCE of Bengal & Assam Company Ltd is 4.28 %.

What is the ROE of Bengal & Assam Company Ltd?

The ROE of Bengal & Assam Company Ltd is 7.69 %.

What is the Face Value of Bengal & Assam Company Ltd?

The Face Value of Bengal & Assam Company Ltd is 10.0.