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Last Updated on: 22 December, 2024
Author: Getaka|Social: Getaka Financial Technology X (Earlier Twitter) Profile Getaka Financial Technology LinkedIn Logo

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

Share Price and Basic Stock Data

Last Updated: December 21, 2024, 2:45 am

Market Cap 287 Cr.
Current Price 279
High / Low 304/159
Stock P/E25.4
Book Value 113
Dividend Yield0.36 %
ROCE9.49 %
ROE10.2 %
Face Value 10.0
PEG Ratio0.51

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

View Share Price Target for

Competitors of

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
Gravity (India) Ltd 6.18 Cr. 6.87 8.40/3.73 2.240.00 %81.2 %86.2 % 10.0
Flora Textiles Ltd 106 Cr. 176 187/9.0016.7 10.80.00 %88.9 %% 10.0
E-Land Apparel Ltd 64.0 Cr. 13.3 16.5/6.54 1030.00 %%% 10.0
Acknit Industries Ltd 95.1 Cr. 313 406/21010.4 2710.48 %11.3 %11.4 % 10.0
Siyaram Silk Mills Ltd 4,254 Cr. 938 1,175/41022.0 2651.17 %20.5 %16.3 % 2.00
Industry Average2,778.17 Cr240.3718.75105.240.24%31.29%26.27%7.22

All Competitor Stocks of

Quarterly Result

MonthDec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Sales88.8091.6486.41116.39111.62121.42112.32132.72107.96118.73160.42178.69171.00
Expenses79.6882.4278.16105.16101.08111.52102.02119.5193.04103.72145.36162.85153.11
Operating Profit9.129.228.2511.2310.549.9010.3013.2114.9215.0115.0615.8417.89
OPM %10.27%10.06%9.55%9.65%9.44%8.15%9.17%9.95%13.82%12.64%9.39%8.86%10.46%
Other Income0.020.520.990.110.030.380.360.190.10-1.840.360.210.13
Interest4.393.532.933.133.644.224.364.105.414.957.457.788.47
Depreciation3.032.942.912.922.892.792.862.752.722.534.734.704.42
Profit before tax1.723.273.405.294.043.273.446.556.895.693.243.575.13
Tax %15.12%2.45%25.59%26.47%35.40%24.46%20.06%22.60%22.64%33.74%29.63%29.41%23.59%
Net Profit1.463.192.533.882.612.462.745.075.333.772.272.523.92
EPS in Rs1.423.102.463.772.542.392.664.935.183.662.212.453.81

Last Updated: Unknown

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: Unknown

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales304295338380378440403437390321436472629
Expenses272263304342342404373407361292396418565
Operating Profit32323438363630312929405364
OPM %11%11%10%10%10%8%7%7%7%9%9%11%10%
Other Income11223434112-1-1
Interest19181714141514181817141929
Depreciation14151520141617161312121116
Profit before tax104611921-11162318
Tax %80%-30%13%-28%35%35%41%25%290%-10%28%25%
Net Profit0037761121111712
EPS in Rs0.130.343.266.996.925.751.000.851.611.3211.1516.4312.13
Dividend Payout %0%0%31%17%17%21%100%0%0%0%11%9%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2014-20152015-20162016-20172017-20182018-20192019-20202020-20212021-20222022-2023
YoY Net Profit Growth (%)133.33%0.00%-14.29%-83.33%0.00%100.00%-50.00%1000.00%54.55%
Change in YoY Net Profit Growth (%)0.00%-133.33%-14.29%-69.05%83.33%100.00%-150.00%1050.00%-945.45%

has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 9 years from 2014-2015 to 2022-2023.

Growth

Compounded Sales Growth
10 Years:7%
5 Years:9%
3 Years:28%
TTM:18%
Compounded Profit Growth
10 Years:13%
5 Years:59%
3 Years:101%
TTM:-26%
Stock Price CAGR
10 Years:23%
5 Years:60%
3 Years:34%
1 Year:35%
Return on Equity
10 Years:8%
5 Years:10%
3 Years:14%
Last Year:10%

Last Updated: Unknown

Balance Sheet

Last Updated: December 14, 2024, 3:51 pm

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Sep 2024
Equity Capital10101010101010101010101010
Reserves5357576369676665687994102106
Borrowings155142144139177211172161161186346437415
Other Liabilities48534242704778844977896873
Total Liabilities267261254255326335327321288352538618604
Fixed Assets11810794106111115100897874229231225
CWIP0032411007002
Investments0000000000000
Other Assets148154156146211220226231210270309386377
Total Assets267261254255326335327321288352538618604

Reserves and Borrowings Chart

Cash Flow

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Cash from Operating Activity +253224441137202917319-39
Cash from Investing Activity +-16-4-14-26-24-17-0-2-1-15-160-20
Cash from Financing Activity +-10-27-11-1813-21-20-27-151314160
Net Cash Flow-00000-0-00-00-0-0

Free Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Free Cash Flow32.00-123.00-108.00-106.00-103.00-141.00-181.00-141.00-132.00-132.00-146.00-293.00

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 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Debtor Days595357577278706579757579
Inventory Days205163136128177206190266272244305206
Days Payable5851282468257610248827624
Cash Conversion Cycle206166165162181260184229303237304260
Working Capital Days1171029889111154119136188156173178
ROCE %9%10%9%12%10%5%6%7%8%12%12%9%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthSep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024
Promoters56.44%56.44%56.44%56.44%56.44%56.44%56.72%56.72%56.72%56.72%56.72%56.72%
FIIs0.01%0.07%0.00%0.00%0.02%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
DIIs2.29%2.30%2.30%2.30%2.29%2.29%2.29%2.29%2.30%2.30%2.30%2.30%
Public41.25%41.19%41.26%41.26%41.23%41.26%40.99%40.99%41.00%40.98%40.99%40.99%
No. of Shareholders11,70611,56111,57512,14712,01410,77610,24810,0359,7049,9029,8499,881

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
FaceValue10.0010.0010.0010.0010.00
Basic EPS (Rs.)10.9116.4311.151.321.62
Diluted EPS (Rs.)10.9116.4311.151.321.62
Cash EPS (Rs.)28.6526.9822.3413.1414.31
Book Value[Excl.RevalReserv]/Share (Rs.)109.48101.1286.7776.0672.92
Book Value[Incl.RevalReserv]/Share (Rs.)109.48101.1286.7776.0672.92
Dividend / Share (Rs.)1.001.501.200.000.00
Revenue From Operations / Share (Rs.)647.53458.35423.46312.30378.97
PBDIT / Share (Rs.)64.0852.8540.2529.3229.74
PBIT / Share (Rs.)46.3542.2929.0617.5017.05
PBT / Share (Rs.)14.5121.9215.531.20-0.84
Net Profit / Share (Rs.)10.9116.4311.151.321.62
PBDIT Margin (%)9.8911.529.509.387.84
PBIT Margin (%)7.159.226.865.604.49
PBT Margin (%)2.244.783.660.38-0.22
Net Profit Margin (%)1.683.582.630.420.42
Return on Networth / Equity (%)9.9616.2412.851.732.21
Return on Capital Employeed (%)17.3916.1021.3215.3816.58
Return On Assets (%)1.813.143.260.470.51
Long Term Debt / Equity (X)1.341.530.500.410.30
Total Debt / Equity (X)3.883.322.081.912.07
Asset Turnover Ratio (%)1.151.061.361.061.20
Current Ratio (X)1.111.141.221.221.07
Quick Ratio (X)0.500.440.540.530.41
Inventory Turnover Ratio (X)1.811.461.610.961.46
Dividend Payout Ratio (NP) (%)13.747.300.000.000.00
Dividend Payout Ratio (CP) (%)5.234.440.000.000.00
Earning Retention Ratio (%)86.2692.700.000.000.00
Cash Earning Retention Ratio (%)94.7795.560.000.000.00
Interest Coverage Ratio (X)2.012.892.971.801.66
Interest Coverage Ratio (Post Tax) (X)1.342.011.821.081.09
Enterprise Value (Cr.)605.49504.31300.53183.07174.50
EV / Net Operating Revenue (X)0.901.070.680.560.44
EV / EBITDA (X)9.189.277.256.075.70
MarketCap / Net Operating Revenue (X)0.250.330.260.100.05
Retention Ratios (%)86.2592.690.000.000.00
Price / BV (X)1.501.531.290.430.26
Price / Net Operating Revenue (X)0.250.330.260.100.05
EarningsYield0.060.100.090.040.08

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of as of December 22, 2024 is: 293.81

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 22, 2024, is Undervalued by 5.31% compared to the current share price 279.00

Intrinsic Value of as of December 22, 2024 is: 440.02

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 22, 2024, is Undervalued by 57.71% compared to the current share price 279.00

Last 5 Year EPS CAGR: 49.76%

*Investments are subject to market risks

Strength and Weakness

StrengthWeakness
  1. The company has shown consistent growth in sales (401.77 cr) and profit (7.00 cr) over the years.
  1. The stock has a low average ROCE of 9.08%, which may not be favorable.
  2. The stock has a high average Working Capital Days of 135.08, which may not be favorable.
  3. The stock has a high average Cash Conversion Cycle of 221.42, which may not be favorable.
  4. The company has higher borrowings (218.92) compared to reserves (72.77), which may suggest financial risk.
  • 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 :
    1. Net Profit Margin: 1.68%
      • 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: 17.39% (Industry Average ROCE: 31.29%)
      • 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%: 9.96% (Industry Average ROE: 26.27%)
      • 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): 1.34
      • 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: 0.5
      • 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: 25.4 (Industry average Stock P/E: 18.75)
      • 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: 3.88
      • 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

BSL Ltd. is a Public Limited Listed company incorporated on 24/10/1970 and has its registered office in the State of Rajasthan, India. Company’s Corporate Identification Number(CIN) is L24302RJ1970PLC002266 and registration number is 002266. Currently Company is involved in the business activities of Weaving, manufacturing of man-made fiber and man-made mixture fabrics.. Company’s Total Operating Revenue is Rs. 435.84 Cr. and Equity Capital is Rs. 10.29 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Textiles - WeavingPost Box No. 16-17, Mandpam, Bhilwara Rajasthan 311001accounts@bslsuitings.com
http://www.bslltd.com
Management
NamePosition Held
Mr. Arun ChuriwalChairman
Mr. Nivedan ChuriwalManaging Director
Mr. Praveen JainDirector - Operations
Mr. Ravi JhunjhunwalaDirector
Mr. Shekhar AgarwalDirector
Mr. Jagdish Chandra LaddhaIndependent Director
Mr. Hemant Kamala JalanIndependent Director
Mrs. Aarti B AggarwalIndependent Director
Mr. Avinash TodiIndependent Director
Mr. Kunal JhunjhunwalaIndependent Director

FAQ

What is the latest intrinsic value of ?

The latest intrinsic value of as on 22 December 2024 is ₹293.81, which is 5.31% higher than the current market price of ₹279.00. The stock has a market capitalization of 287 Cr. and recorded a high/low of 304/159 during the current fiscal year 2024-2025. As of Sep 2024, the company has reserves of ₹106 Cr and total liabilities of ₹604 Cr.

What is the Market Cap of ?

The Market Cap of is 287 Cr..

What is the current Stock Price of as on 22 December 2024?

The current stock price of as on 22 December 2024 is 279.

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

In FY 2024-2025, the High / Low of stocks is 304/159.

What is the Stock P/E of ?

The Stock P/E of is 25.4.

What is the Book Value of ?

The Book Value of is 113.

What is the Dividend Yield of ?

The Dividend Yield of is 0.36 %.

What is the ROCE of ?

The ROCE of is 9.49 %.

What is the ROE of ?

The ROE of is 10.2 %.

What is the Face Value of ?

The Face Value of is 10.0.

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 . 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