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

Share Price and Basic Stock Data

Last Updated: December 26, 2024, 9:07 pm

Market Cap	1,233 Cr.
Current Price	54.8
High / Low	86.0/46.0
Stock P/E	17.5
Book Value	31.0
Dividend Yield	0.79 %
ROCE	13.2 %
ROE	10.1 %
Face Value	1.00
PEG Ratio	0.27

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

Stock P/E Current Price Intrinsic Value

View Share Price Target for BMW Industries Ltd

Competitors of BMW Industries Ltd

Stock Name	Market Cap	Current Price	High / Low	Stock P/E	Book Value	Dividend Yield	ROCE	ROE	Face Value
Incon Engineers Ltd	6.07 Cr.	14.0	24.8/12.5		0.44	0.00 %	72.7 %	162 %	10.0
Hittco Tools Ltd	8.60 Cr.	14.0	16.0/9.53		4.59	0.00 %	7.27 %	5.66 %	10.0
Harshil Agrotech Ltd	225 Cr.	4.43	13.7/0.43	37.8	1.20	0.00 %	16.4 %	13.5 %	1.00
Gujarat Toolroom Ltd	227 Cr.	14.2	45.9/10.8	1.93	14.8	7.05 %	179 %	170 %	1.00
GTV Engineering Ltd	166 Cr.	530	640/395	25.3	125	0.00 %	12.7 %	13.5 %	10.0
Industry Average	4,134.97 Cr	556.42		40.42	132.38	0.41%	29.10%	26.17%	6.39

All Competitor Stocks of BMW Industries Ltd

Quarterly Result

Month	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024
Sales	114	103	114	117	136	150	142	135	158	159	144	137	174
Expenses	82	76	88	95	109	117	101	107	121	120	112	98	131
Operating Profit	31	27	25	22	27	33	41	29	37	39	32	39	42
OPM %	28%	26%	22%	19%	20%	22%	29%	21%	23%	24%	22%	28%	24%
Other Income	1	2	5	5	3	1	1	4	1	2	1	0	2
Interest	6	6	6	6	6	6	5	6	6	5	5	4	4
Depreciation	13	13	12	12	12	13	14	1	11	11	13	10	11
Profit before tax	14	11	12	9	11	16	23	25	21	25	16	25	29
Tax %	23%	4%	28%	44%	24%	20%	24%	37%	27%	28%	26%	24%	25%
Net Profit	11	10	8	5	9	12	17	16	16	18	12	19	22
EPS in Rs	0.49	0.46	0.36	0.23	0.38	0.55	0.77	0.72	0.69	0.79	0.51	0.85	0.99

Last Updated: Unknown

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: October 23, 2024, 2:55 pm

Month	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	TTM
Sales	674	779	948	829	615	398	447	562	598	614
Expenses	557	655	797	688	505	302	342	433	452	462
Operating Profit	117	124	151	141	110	95	105	130	146	152
OPM %	17%	16%	16%	17%	18%	24%	24%	23%	24%	25%
Other Income	2	7	16	27	15	-228	13	9	4	5
Interest	47	44	47	56	46	29	23	24	20	18
Depreciation	33	44	48	47	47	53	49	40	45	45
Profit before tax	39	43	72	65	32	-215	46	75	86	94
Tax %	14%	22%	29%	35%	31%	-18%	24%	27%	26%
Net Profit	33	34	51	42	22	-175	35	54	64	70
EPS in Rs	15.03	1.50	2.28	1.85	0.97	-7.80	1.53	2.42	2.83	3.14
Dividend Payout %	0%	0%	0%	1%	0%	0%	1%	8%	15%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2016-2017	2017-2018	2018-2019	2019-2020	2020-2021	2021-2022	2022-2023	2023-2024
YoY Net Profit Growth (%)	3.03%	50.00%	-17.65%	-47.62%	-895.45%	120.00%	54.29%	18.52%
Change in YoY Net Profit Growth (%)	0.00%	46.97%	-67.65%	-29.97%	-847.84%	1015.45%	-65.71%	-35.77%

BMW Industries Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 8 years from 2016-2017 to 2023-2024.

Growth

Compounded Sales Growth
10 Years:	%
5 Years:	-6%
3 Years:	15%
TTM:	2%

Compounded Profit Growth
10 Years:	%
5 Years:	9%
3 Years:	1%
TTM:	6%

Stock Price CAGR
10 Years:	%
5 Years:	25%
3 Years:	12%
1 Year:	2%

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

Last Updated: Unknown

Balance Sheet

Last Updated: December 14, 2024, 2:04 pm

Month	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Sep 2024
Equity Capital	23	23	23	23	23	23	23	23	23	23
Reserves	536	534	594	635	672	497	531	580	639	674
Borrowings	569	473	428	372	306	279	256	238	106	188
Other Liabilities	81	127	154	161	131	97	91	116	109	126
Total Liabilities	1,208	1,157	1,199	1,190	1,131	895	900	956	875	1,010
Fixed Assets	564	547	516	483	522	450	432	464	502	506
CWIP	24	35	21	23	32	37	35	24	92	131
Investments	87	85	79	77	70	22	15	0	0	32
Other Assets	533	489	583	608	506	386	418	467	281	341
Total Assets	1,208	1,157	1,199	1,190	1,131	895	900	956	875	1,010

Reserves and Borrowings Chart

Cash Flow

Month	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Cash from Operating Activity +	103	146	92	109	128	123	64	126	268
Cash from Investing Activity +	-30	-47	-1	9	-6	-66	-20	-57	-112
Cash from Financing Activity +	-74	-99	-92	-114	-122	-62	-44	-62	-157
Net Cash Flow	-1	1	-1	4	0	-4	0	7	-1

Free Cash Flow

Month	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Free Cash Flow	-452.00	-349.00	-277.00	-231.00	-196.00	-184.00	-151.00	-108.00	40.00

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 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Debtor Days	106	86	83	93	82	94	90	84	38
Inventory Days	153	134	136	160	246	274	321	226	134
Days Payable	27	20	39	31	30	99	36	41	35
Cash Conversion Cycle	232	200	180	223	298	270	375	268	136
Working Capital Days	224	168	159	189	211	208	224	185	84
ROCE %		8%	11%	12%	8%	6%	8%	12%	13%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024
Promoters	73.96%	73.96%	73.96%	73.95%	73.95%	73.99%	73.99%	73.99%	73.99%	73.99%	73.99%	74.28%
FIIs	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.01%	0.04%	0.00%	0.00%
DIIs	24.35%	24.06%	24.03%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Public	1.69%	1.98%	2.01%	26.03%	26.03%	25.99%	26.00%	26.00%	25.98%	25.96%	26.01%	25.72%
No. of Shareholders	4,581	6,490	7,143	7,795	7,743	8,090	9,010	12,571	22,137	33,645	40,761	50,060

Shareholding Pattern Chart

No. of Shareholders

This stock is not held by any mutual fund

ROCE Trend

EPS Trend

Key Financial Ratios

Month	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20
FaceValue	1.00	1.00	1.00	1.00	1.00
Basic EPS (Rs.)	2.83	2.42	1.55	-7.80	0.98
Diluted EPS (Rs.)	2.83	2.42	1.55	-7.80	0.98
Cash EPS (Rs.)	4.81	4.19	3.74	-5.45	3.08
Book Value[Excl.RevalReserv]/Share (Rs.)	29.38	26.82	24.63	23.10	30.88
Book Value[Incl.RevalReserv]/Share (Rs.)	29.38	26.82	24.63	23.10	30.88
Revenue From Operations / Share (Rs.)	26.58	24.98	19.88	17.67	27.31
PBDIT / Share (Rs.)	6.69	6.17	5.26	4.69	5.55
PBIT / Share (Rs.)	4.71	4.40	3.07	2.34	3.44
PBT / Share (Rs.)	3.83	3.34	2.03	-9.56	1.42
Net Profit / Share (Rs.)	2.83	2.42	1.55	-7.80	0.97
NP After MI And SOA / Share (Rs.)	2.83	2.42	1.53	-7.80	0.97
PBDIT Margin (%)	25.17	24.68	26.47	26.56	20.30
PBIT Margin (%)	17.73	17.61	15.43	13.26	12.60
PBT Margin (%)	14.42	13.35	10.22	-54.08	5.20
Net Profit Margin (%)	10.66	9.68	7.77	-44.11	3.58
NP After MI And SOA Margin (%)	10.65	9.68	7.71	-44.17	3.56
Return on Networth / Equity (%)	9.64	9.04	6.24	-33.84	3.15
Return on Capital Employeed (%)	13.56	13.20	9.90	7.87	9.40
Return On Assets (%)	7.24	5.67	3.80	-19.51	1.92
Long Term Debt / Equity (X)	0.06	0.11	0.14	0.19	0.05
Total Debt / Equity (X)	0.12	0.36	0.43	0.40	0.35
Asset Turnover Ratio (%)	0.64	0.60	0.47	0.37	0.56
Current Ratio (X)	2.08	1.73	1.60	1.31	1.52
Quick Ratio (X)	1.38	1.08	0.93	0.78	0.84
Inventory Turnover Ratio (X)	1.81	1.60	1.26	0.91	1.48
Dividend Payout Ratio (NP) (%)	7.76	8.26	1.30	0.00	0.00
Dividend Payout Ratio (CP) (%)	4.57	4.77	0.53	0.00	0.00
Earning Retention Ratio (%)	92.24	91.74	98.70	0.00	0.00
Cash Earning Retention Ratio (%)	95.43	95.23	99.47	0.00	0.00
Interest Coverage Ratio (X)	7.61	5.80	5.08	3.61	2.74
Interest Coverage Ratio (Post Tax) (X)	4.22	3.27	2.49	3.16	1.48
Enterprise Value (Cr.)	1323.06	1009.01	829.24	925.33	477.93
EV / Net Operating Revenue (X)	2.21	1.79	1.85	2.33	0.77
EV / EBITDA (X)	8.78	7.27	7.00	8.76	3.83
MarketCap / Net Operating Revenue (X)	2.08	1.43	1.33	1.81	0.40
Retention Ratios (%)	92.23	91.73	98.69	0.00	0.00
Price / BV (X)	1.88	1.33	1.08	1.39	0.35
Price / Net Operating Revenue (X)	2.08	1.43	1.33	1.81	0.40
EarningsYield	0.05	0.06	0.05	-0.24	0.08

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of BMW Industries Ltd as of December 27, 2024 is: 55.23

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 27, 2024, BMW Industries Ltd is Undervalued by 0.78% compared to the current share price 54.80

Intrinsic Value of BMW Industries Ltd as of December 27, 2024 is: 90.69

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 27, 2024, BMW Industries Ltd is Undervalued by 65.49% compared to the current share price 54.80

Last 5 Year EPS CAGR: 64.21%

*Investments are subject to market risks

Strength and Weakness

Strength	Weakness
The company has higher reserves (589.20 cr) compared to borrowings (321.50 cr), indicating strong financial stability. The company has shown consistent growth in sales (646.40 cr) and profit (33.70 cr) over the years.	The stock has a low average ROCE of 8.67%, which may not be favorable. The stock has a high average Working Capital Days of 183.56, which may not be favorable. The stock has a high average Cash Conversion Cycle of 242.44, 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 BMW Industries Ltd:
1. Net Profit Margin: 10.66%
  - 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: 13.56% (Industry Average ROCE: 29.1%)
  - 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%: 9.64% (Industry Average ROE: 26.17%)
  - 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): 4.22
  - 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: 1.38
  - 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: 17.5 (Industry average Stock P/E: 40.42)
  - 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: 0.12
  - 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

BMW Industries Ltd. is a Public Limited Listed company incorporated on 21/10/1981 and has its registered office in the State of West Bengal, India. Company’s Corporate Identification Number(CIN) is L51109WB1981PLC034212 and registration number is 034212. Currently Company is involved in the business activities of Manufacture of basic iron and steel. Company’s Total Operating Revenue is Rs. 406.19 Cr. and Equity Capital is Rs. 22.51 Cr. for the Year ended 31/03/2022.

INDUSTRY	ADDRESS	CONTACT
Engineering - General	119, Park Street, White House, Kolkata West Bengal 700016	info@bmwil.co.in https://www.bmwil.co.in

Management
Name	Position Held
Mr. Ram Gopal Bansal	Chairman & Wholetime Director
Mr. Harsh Kumar Bansal	Managing Director
Mr. Vivek Kumar Bansal	Managing Director
Ms. Monika Chand	Independent Director
Mr. Ram Priya Sharan	Independent Director
Mr. Sunil Kumar Parik	Independent Director

FAQ

What is the latest intrinsic value of BMW Industries Ltd?

The latest intrinsic value of BMW Industries Ltd as on 26 December 2024 is ₹55.23, which is 0.78% higher than the current market price of ₹54.80. The stock has a market capitalization of 1,233 Cr. and recorded a high/low of 86.0/46.0 during the current fiscal year 2024-2025. As of Sep 2024, the company has reserves of ₹674 Cr and total liabilities of ₹1,010 Cr.

What is the Market Cap of BMW Industries Ltd?

The Market Cap of BMW Industries Ltd is 1,233 Cr..

What is the current Stock Price of BMW Industries Ltd as on 26 December 2024?

The current stock price of BMW Industries Ltd as on 26 December 2024 is 54.8.

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

In FY 2024-2025, the High / Low of BMW Industries Ltd stocks is 86.0/46.0.

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

The Stock P/E of BMW Industries Ltd is 17.5.

What is the Book Value of BMW Industries Ltd?

The Book Value of BMW Industries Ltd is 31.0.

What is the Dividend Yield of BMW Industries Ltd?

The Dividend Yield of BMW Industries Ltd is 0.79 %.

What is the ROCE of BMW Industries Ltd?

The ROCE of BMW Industries Ltd is 13.2 %.

What is the ROE of BMW Industries Ltd?

The ROE of BMW Industries Ltd is 10.1 %.

What is the Face Value of BMW Industries Ltd?

The Face Value of BMW Industries Ltd is 1.00.