Billwin Industries Ltd: Intrinsic Value & Share Price Analysis

Q: What is the current share price and 52-week range of Billwin Industries Ltd?

Billwin Industries Ltd is trading at 27.60 as of 26 April 2026, with a FY2026-2027 high of 42.8 and low of 22.5. The stock is currently in the middle of its 52-week range. Market cap stands at 11.5 Cr..

Q: Is Billwin Industries Ltd financially healthy?

Key indicators: ROCE of 9.09 % is on the lower side. Dividend yield is 0.00 %.

Q: Is Billwin Industries Ltd profitable and how is the profit trend?

Billwin Industries Ltd reported a net profit of 1 Cr in Mar 2025 on revenue of 7 Cr. Compared to 0 Cr in Mar 2022, the net profit shows an improving trend.

Fair Value

₹38.38Undervalued by 39.06%vs CMP ₹27.60

P/E (19.2) × ROE (7.1%) × BV (₹34.60) × DY (2.00%)

₹30.73Undervalued by 11.34%vs CMP ₹27.60

MoS: +10.2% (Thin)Confidence: 43/100 (Low)Models: 4 Under, 1 Fair, 4 Over

Model	Category	Value	Weight	Signal
PE-ROE	Earnings	₹47.56	23%	Under (+72.3%)
Graham Number	Earnings	₹34.06	17%	Under (+23.4%)
Earnings Power	Earnings	₹11.59	11%	Over (-58%)
DCF	Cash Flow	₹33.36	11%	Under (+20.9%)
Net Asset Value	Assets	₹34.70	7%	Under (+25.7%)
EV/EBITDA	Enterprise	₹29.98	9%	Fair (+8.6%)
Earnings Yield	Earnings	₹14.90	7%	Over (-46%)
ROCE Capital	Returns	₹18.55	7%	Over (-32.8%)
Revenue Multiple	Revenue	₹16.87	6%	Over (-38.9%)
Consensus (9 models)		₹30.73	100%	Undervalued

Key Drivers: Wide model spread (₹12–₹48) — high uncertainty.

PE-ROE · Graham · EPV · DCF · NAV · EV/EBITDA · DDM · Earnings Yield · ROCE Capital · Revenue Multiple | CoE: 12% · Terminal: 4% · EPS CAGR: 23.9%

*Investments are subject to market risks

Analyst Summary

Billwin Industries Ltd operates in the Leather/Synthetic Products segment, NSE: BILLWIN | BSE: 543209, current market price is ₹27.60, market cap is 11.5 Cr.. At a glance, stock P/E is 19.2, ROE is 7.08 %, ROCE is 9.09 %, book value is 34.6, dividend yield is 0.00 %. The latest intrinsic value estimate is ₹30.73, which is about 11.3% above the current price, so the page currently reads as potentially undervalued rather than fully priced. On operating trend, latest reported sales are about ₹7 Cr versus the prior period change of 43.2%, while latest net profit is about ₹1 Cr with a prior-period change of -12.8%. The 52-week range shown on this page is 42.8/22.5, which helps frame where the current quote sits within its recent trading band. Business context: About the Company - Qualitative AnalysisBillwin Industries Ltd. is a Public Limited Listed company incorporated on 05/02/2014 and has its registered office in the State of Maharashtra, India. Company's Corporate Identification Number(CIN) i…

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

Investment Snapshot

Billwin Industries Ltd scores 58/100 (Average)

Based on 5 dimensions: health, institutional flow, earnings quality, momentum, and peer comparison

Stock Health65/100 · Strong

ROCE 9.1% AverageROE 7.1% AverageD/E 0.89 ModerateInterest Coverage 0.0x RiskyProfitable 5/5 years Consistent

Smart Money50/100 · Moderate

FII holding stable No changePromoter holding at 40.4% Stable

Earnings Quality40/100 · Moderate

OPM stable around 22% SteadyWorking capital: 701 days Capital intensive

Quarterly Momentum50/100 · Moderate

Revenue (4Q): +31% YoY AcceleratingProfit (4Q): -13% YoY DecliningOPM: 12.5% (down 15.3% YoY) Margin pressure

Industry Rank90/100 · Strong

P/E 19.2 vs industry 32.9 Cheaper than peersROCE 9.1% vs industry 6.8% Above peersROE 7.1% vs industry 4.4% Above peers3Y sales CAGR: 17% 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 26, 2026, 1:05 am

Market Cap	11.5 Cr.
Current Price	27.6
Intrinsic Value	₹30.73
High / Low	42.8/22.5
Stock P/E	19.2
Book Value	34.6
Dividend Yield	0.00 %
ROCE	9.09 %
ROE	7.08 %
Face Value	10.0
PEG Ratio	0.80

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

Stock P/E Current Price Intrinsic Value

View Share Price Target for Billwin Industries Ltd

Competitors

Stock Name ⇩	Market Cap ⇩	Current Price ⇩	High / Low ⇩	Stock P/E ⇩	Book Value ⇩	Dividend Yield ⇩	ROCE ⇩	ROE ⇩	Face Value ⇩
Billwin Industries Ltd	11.5 Cr.	27.6	42.8/22.5	19.2	34.6	0.00 %	9.09 %	7.08 %	10.0
Sreeleathers Ltd – a Premier Leather Goods Manufacturer	414 Cr.	179	283/165	17.0	209	0.56 %	7.31 %	5.14 %	10.0
Mayur Uniquoters Ltd	2,437 Cr.	561	630/448	13.7	233	0.89 %	20.7 %	15.4 %	5.00
Superhouse Ltd	169 Cr.	154	202/128	27.6	418	0.52 %	3.90 %	1.19 %	10.0
Bhartiya International Ltd	1,057 Cr.	788	988/593	28.5	360	0.00 %	8.85 %	3.75 %	10.0
Industry Average	682.29 Cr	183.23		32.91	135.72	0.18%	6.81%	4.43%	8.00

All Competitor Stocks of Billwin Industries Ltd

Quarterly Result

Metric	Sep 2019	Mar 2020	Sep 2020	Mar 2021	Sep 2021	Mar 2022	Sep 2022	Mar 2023	Sep 2023	Mar 2024	Sep 2024	Mar 2025	Sep 2025
Sales	0.00	1.16	-1.79	4.63	2.81	1.58	1.68	3.14	3.31	1.60	2.83	4.20	4.08
Expenses	0.03	0.91	-1.99	4.42	2.50	1.26	1.02	2.40	2.39	1.16	2.12	3.76	3.57
Operating Profit	-0.03	0.25	0.20	0.21	0.31	0.32	0.66	0.74	0.92	0.44	0.71	0.44	0.51
OPM %		21.55%		4.54%	11.03%	20.25%	39.29%	23.57%	27.79%	27.50%	25.09%	10.48%	12.50%
Other Income	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.05	-0.10	0.05	0.00
Interest	0.00	0.03	0.03	0.30	0.15	0.18	0.19	0.20	0.16	0.20	0.10	0.02	0.06
Depreciation	0.00	0.00	0.01	0.00	0.01	0.00	0.00	0.00	0.00	0.00	0.00	0.01	0.02
Profit before tax	-0.03	0.22	0.16	-0.09	0.15	0.14	0.47	0.54	0.76	0.29	0.51	0.46	0.43
Tax %	0.00%	22.73%	25.00%	-22.22%	26.67%	28.57%	25.53%	27.78%	25.00%	24.14%	25.49%	34.78%	25.58%
Net Profit	-0.03	0.17	0.12	-0.07	0.12	0.10	0.35	0.40	0.56	0.22	0.38	0.30	0.32
EPS in Rs	-3.00	0.59	0.28	-0.16	0.28	0.23	0.81	0.93	1.30	0.51	0.91	0.72	0.77

Last Updated: February 2, 2026, 8:16 pm

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: December 15, 2025, 4:03 am

Metric	Mar 2015n n 11m	Mar 2016	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	TTM
Sales	0.00	0.04	0.61	1.16	2.85	4.39	4.82	4.91	7.03	8.28
Expenses	0.00	0.04	0.47	0.94	2.43	3.74	3.42	3.55	5.89	7.33
Operating Profit	0.00	0.00	0.14	0.22	0.42	0.65	1.40	1.36	1.14	0.95
OPM %		0.00%	22.95%	18.97%	14.74%	14.81%	29.05%	27.70%	16.22%	11.47%
Other Income	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.05	-0.04	0.05
Interest	0.00	0.00	0.00	0.03	0.33	0.34	0.39	0.36	0.12	0.08
Depreciation	0.00	0.00	0.00	0.00	0.01	0.01	0.01	0.00	0.01	0.03
Profit before tax	0.00	0.00	0.14	0.19	0.08	0.30	1.00	1.05	0.97	0.89
Tax %			28.57%	26.32%	25.00%	26.67%	26.00%	24.76%	29.90%
Net Profit	0.00	0.00	0.10	0.14	0.06	0.22	0.74	0.78	0.68	0.62
EPS in Rs			10.00	0.48	0.14	0.51	1.72	1.81	1.63	1.49
Dividend Payout %			0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2019-2020	2020-2021	2021-2022	2022-2023	2023-2024	2024-2025
YoY Net Profit Growth (%)	40.00%	-57.14%	266.67%	236.36%	5.41%	-12.82%
Change in YoY Net Profit Growth (%)	0.00%	-97.14%	323.81%	-30.30%	-230.96%	-18.23%

Billwin Industries Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 6 years from 2019-2020 to 2024-2025.

Growth

Compounded Sales Growth
10 Years:	%
5 Years:	43%
3 Years:	17%
TTM:	43%

Compounded Profit Growth
10 Years:	%
5 Years:	39%
3 Years:	49%
TTM:	-6%

Stock Price CAGR
10 Years:	%
5 Years:	-1%
3 Years:	15%
1 Year:	-54%

Return on Equity
10 Years:	%
5 Years:	8%
3 Years:	10%
Last Year:	7%

Last Updated: September 5, 2025, 2:41 pm

Balance Sheet

Last Updated: December 4, 2025, 2:32 am

Month	Mar 2015	Mar 2016	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Sep 2025
Equity Capital	0.01	0.01	0.06	1.46	2.13	2.13	2.13	2.13	4.18	4.18
Reserves	0.00	0.00	0.13	1.43	2.61	2.83	3.57	4.35	9.95	10.28
Borrowings	0.00	0.01	0.01	3.97	4.37	4.23	4.53	4.40	0.29	1.31
Other Liabilities	0.00	0.03	0.14	1.12	1.37	1.11	1.72	2.11	1.85	1.80
Total Liabilities	0.01	0.05	0.34	7.98	10.48	10.30	11.95	12.99	16.27	17.57
Fixed Assets	0.00	0.00	0.00	0.05	0.04	0.03	0.02	0.02	0.11	0.18
CWIP	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Investments	0.00	0.00	0.00	0.11	0.11	0.13	0.15	0.04	0.12	0.00
Other Assets	0.01	0.05	0.34	7.82	10.33	10.14	11.78	12.93	16.04	17.39
Total Assets	0.01	0.05	0.34	7.98	10.48	10.30	11.95	12.99	16.27	17.57

Reserves and Borrowings Chart

Cash Flow

Month	Mar 2015	Mar 2016	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Cash from Operating Activity +	0.00	0.00	0.11	-4.11	-1.60	1.25	-0.11	0.63	-5.17
Cash from Investing Activity +	0.00	0.00	-0.02	-0.16	-0.25	-0.06	-0.03	0.09	-0.21
Cash from Financing Activity +	0.00	0.00	-0.09	4.27	1.85	-1.20	0.17	-0.70	5.36
Net Cash Flow	0.00	0.00	0.00	0.00	0.00	0.00	0.03	0.01	-0.03
Free Cash Flow	0.00	0.00	0.11	-4.16	-1.60	1.25	-0.11	0.63	-5.27
CFO/OP			79%	-1,868%	-381%	195%	-1%	46%	-445%

Free Cash Flow

Month	Mar 2015n n 11m	Mar 2016	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Free Cash Flow	0.00	-0.01	0.13	-3.75	-3.95	-3.58	-3.13	-3.04	0.85

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 2016	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Debtor Days	0.00	185.49	1,982.33	681.33	338.39	418.77	462.38	465.73
Inventory Days		0.00	655.94	878.28	576.25	656.74	652.90	417.36
Days Payable			502.54	189.34	78.63	107.28	168.65	62.98
Cash Conversion Cycle	0.00	185.49	2,135.73	1,370.27	836.01	968.23	946.64	820.10
Working Capital Days	-273.75	101.72	1,403.36	824.77	478.08	530.84	559.77	701.44
ROCE %	0.00%		6.23%	5.13%	6.99%	14.32%	13.36%	9.09%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025
Promoters	54.81%	54.81%	54.81%	54.81%	54.81%	39.28%	39.28%	39.28%	39.71%	40.21%	40.42%	40.42%
FIIs	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	1.94%	0.65%	0.36%	0.36%	0.00%	0.00%
Public	45.20%	45.20%	45.19%	45.19%	45.19%	60.72%	58.77%	60.07%	59.92%	59.42%	59.57%	59.57%
No. of Shareholders	113	118	121	122	136	242	268	276	263	266	263	259

Shareholding Pattern Chart

No. of Shareholders

Billwin 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

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.)	1.77	3.67	3.48	1.03	0.28
Diluted EPS (Rs.)	1.77	3.67	3.48	1.03	0.28
Cash EPS (Rs.)	1.65	3.69	3.51	1.06	0.31
Book Value[Excl.RevalReserv]/Share (Rs.)	33.81	30.43	26.77	23.29	22.26
Book Value[Incl.RevalReserv]/Share (Rs.)	33.81	30.43	26.77	23.29	22.26
Revenue From Operations / Share (Rs.)	16.82	23.02	22.64	20.60	13.37
PBDIT / Share (Rs.)	2.79	6.61	6.59	3.02	1.95
PBIT / Share (Rs.)	2.77	6.58	6.57	2.98	1.90
PBT / Share (Rs.)	2.32	4.90	4.71	1.39	0.35
Net Profit / Share (Rs.)	1.63	3.67	3.48	1.02	0.26
PBDIT Margin (%)	16.60	28.69	29.13	14.65	14.56
PBIT Margin (%)	16.43	28.59	29.00	14.46	14.18
PBT Margin (%)	13.80	21.28	20.82	6.76	2.62
Net Profit Margin (%)	9.66	15.92	15.38	4.97	1.94
Return on Networth / Equity (%)	4.80	12.04	13.01	4.40	1.16
Return on Capital Employeed (%)	8.17	17.60	18.57	10.20	5.88
Return On Assets (%)	4.17	6.01	6.20	2.12	0.52
Long Term Debt / Equity (X)	0.00	0.22	0.32	0.25	0.44
Total Debt / Equity (X)	0.02	0.67	0.79	0.85	0.89
Asset Turnover Ratio (%)	0.48	0.39	0.43	0.42	0.30
Current Ratio (X)	7.32	2.51	2.59	2.41	2.78
Quick Ratio (X)	4.75	1.43	1.46	1.21	1.72
Inventory Turnover Ratio (X)	1.29	0.56	0.53	0.82	0.97
Interest Coverage Ratio (X)	9.64	3.92	3.56	1.90	1.26
Interest Coverage Ratio (Post Tax) (X)	7.13	3.18	2.88	1.65	1.17
Enterprise Value (Cr.)	13.16	16.02	12.88	9.99	10.23
EV / Net Operating Revenue (X)	1.87	3.27	2.67	2.27	3.59
EV / EBITDA (X)	11.27	11.38	9.16	15.52	24.66
MarketCap / Net Operating Revenue (X)	1.83	2.38	1.73	1.31	2.09
Price / BV (X)	0.91	1.80	1.47	1.16	1.26
Price / Net Operating Revenue (X)	1.83	2.38	1.74	1.31	2.09
EarningsYield	0.05	0.06	0.08	0.03	0.01

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

About the Company - Qualitative Analysis

Billwin Industries Ltd. is a Public Limited Listed company incorporated on 05/02/2014 and has its registered office in the State of Maharashtra, India. Company's Corporate Identification Number(CIN) is L18104MH2014PLC252842 and registration number is 252842. Currently Company is involved in the business activities of Manufacture of rain coats of waterproof textile fabrics or plastic sheetings. Company's Total Operating Revenue is Rs. 7.03 Cr. and Equity Capital is Rs. 4.18 Cr. for the Year ended 31/03/2025.

INDUSTRY	ADDRESS	CONTACT
Leather/Synthetic Products	79, Vishal Industrial Estate, Village Road, Mumbai Maharashtra 400078	Contact not found

Management
Name	Position Held
Mr. Subrata Dey	Chairman & Managing Director
Mr. Pritish Subrata Dey	Whole Time Director
Mr. Rasik Jadavji Thakkar	Ind. Non-Executive Director
Mr. Rakesh Gurnomal Rohera	Ind. Non-Executive Director

FAQ

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

As of 26 April 2026, Billwin Industries Ltd's intrinsic value is ₹30.73, which is 11.34% higher than the current market price of ₹27.60, suggesting the stock is undervalued. This is calculated using the PE ratio method factoring in ROE (7.08 %), book value (₹34.6), dividend yield (0.00 %), and 5-year EPS CAGR.

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

Billwin Industries Ltd is trading at ₹27.60 as of 26 April 2026, with a FY2026-2027 high of ₹42.8 and low of ₹22.5. The stock is currently in the middle of its 52-week range. Market cap stands at ₹11.5 Cr..

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

Billwin Industries Ltd has a P/E ratio of 19.2, which is below the industry average of 32.91. This is broadly in line with or below the industry average.

Is Billwin Industries Ltd financially healthy?

Key indicators for Billwin Industries Ltd: ROCE of 9.09 % is on the lower side compared to the industry average of 6.81%; ROE of 7.08 % is below ideal levels (industry average: 4.43%). Dividend yield is 0.00 %.

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

Billwin Industries Ltd reported a net profit of ₹1 Cr in Mar 2025 on revenue of ₹7 Cr. Compared to ₹0 Cr in Mar 2022, the net profit shows an improving trend.

Does Billwin Industries Ltd pay dividends?

Billwin Industries Ltd has a dividend yield of 0.00 % at the current price of ₹27.60. The company is currently not paying meaningful dividends.