SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

BEW Engineering Ltd (BEWLTD)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 0 NSE: BEWLTD Engineering - Industrial Equipments | Small Cap | BEW Engineering Share Price

BSE Share Price
Not Listed

BEW Engineering Ltd (BEWLTD)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 0 NSE: BEWLTD Engineering - Industrial Equipments | Small Cap | BEW Engineering Share Price

BSE Share Price
Not Listed
Key Metrics
Valuation Multiples
Market Cap
₹85 Cr.
Current Price
₹0
52-Week Low / High
₹0 / 0
TTM EPS
₹2.9
TTM Sales
₹186 Cr.
Book Value per Share
₹102.7
P/E Ratio
22.34
Lower than its 5-year historical median
Industry PE
55.7
Price to Book (P/B)
0.63
Lower than its 5-year historical median
Price to Sales (P/S)
0.46
Lower than its 5-year historical median
EV/EBITDA
13.97
Lower than its 5-year historical median
Dividend Yield
0.00%
Profitability Efficiency
Return on Equity (ROE)
12.07%
In line with industry median
Return on Capital Employed (ROCE)
12.14%
Underperforms industry median
Return on Assets (ROA)
6.31%
Operating Profit Margin
15.2%
Net Profit Margin
9.05%
Gross Profit Margin
12.8%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Improving versus 3-year growth rate
11.26%
Operating Profit Growth (1 Year)
Slowing versus 3-year growth rate
-14.69%
Net Profit Growth (1 Year)
Slowing versus 3-year growth rate
-10.32%
Asset Quality
Promoter Holding
46.11%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹121 Cr.
Equity
₹13.1 Cr.
Face Value
₹10
All Time Low / High
- / -

BEW Engineering stock performance

Key Ratios
mw4me loader

Check Before You Invest

M-Cap below 100cr DeciZen not available

Q.1 Is BEW Engineering Ltd a good quality company?
BEW Engineering Ltd is a quality company, based on a multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

How does BEW Engineering Ltd performance compare with that of its Peers?
Q.1 Revenue growth of BEW Engineering Ltd vs industry peers?
BEW Engineering Ltd revenue CAGR is 17.75%, compared to the industry median CAGR of 3.04%, indicating faster growth and gaining its market share.
Q.1 Promoter shareholding and pledge status of BEW Engineering Ltd?
Promoters hold 46.11% of the BEW Engineering Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of BEW Engineering Ltd over the last decade?
Over the last 3 year(s), the stock has delivered a CAGR of -61.21% based on the current price.

10 Year X-Ray : Login to view analysis.

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
BEW Engineering Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
ROCE % 15.4%17.1%13.5%21.2%26.4%24.9%22.8%12.1%-
Value Creation
Index
0.10.20.00.50.90.80.6-0.1-

Growth Parameters

Sales 43.650.759.459.399.4106121134186
Sales YoY Gr.-16.5%17%-0%67.5%6.2%14.4%11.3%-
Adj EPS 1.31.21.13.15.4711.69.22.9
YoY Gr.--6.3%-10.1%189.7%73.9%29.1%67.1%-20.7%-
BVPS (₹) 7.69.212.312.818.725.857.7102.7102.7
Adj Net
Profit
0.70.70.62.45.67.213.612.14
Cash Flow from Ops. 2.5-3.8-0.98.12-0.5-7.9-31.3-
Debt/CF from Ops. 5.7-5.7-27.33.613.2-88.1-8.4-1.9-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales NA17.8%10.6%11.3%
Adj EPS NA53.8%19.6%-20.7%
BVPSNA53%76.4%77.9%
Share Price - - -62.2% -62.4%

Key Financial Parameters

Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
16.714.89.927.738.331.227.811.52.8
Op. Profit
Mgn %
89.27.413.81113.819.815.214.1
Net Profit
Mgn %
1.61.41.145.66.811.292
Debt to
Equity
3.443.42.91.41.610.40.6
Working Cap
Days
0205250319254336374409168
Cash Conv.
Cycle
09111213511113721432840

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Sales43.5650.7359.3659.3499.42105.61120.76134.36
Operating Expenses + 40.0646.0754.9651.1788.4891.0896.86113.97
Manufacturing Costs0.881.011.081.301.652.402.193.32
Material Costs35.8041.1848.8145.5480.7981.5784.8898.21
Employee Cost 0.800.811.021.372.222.593.845.84
Other Costs 2.593.074.062.973.824.515.946.59
Operating Profit 3.504.674.408.1710.9414.5323.9020.39
Operating Profit Margin (%) 8.0%9.2%7.4%13.8%11.0%13.8%19.8%15.2%
Other Income + 0.220.140.500.161.050.690.440.92
Exceptional Items 00000000
Interest 1.8433.053.453.324.575.294.14
Depreciation 0.930.930.950.920.810.890.881.13
Profit Before Tax 0.950.870.903.967.859.7618.1816.05
Tax 0.270.160.271.602.212.444.623.89
Profit After Tax 0.690.710.632.355.647.3213.5612.16
PAT Margin (%) 1.6%1.4%1.1%4.0%5.7%6.9%11.2%9.1%
Adjusted EPS (₹)1.31.21.13.15.57.111.69.3
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%

Valuation of BEW Engineering - Standalone

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

mw4me loader

Analyst's Notes

data not found
No data found!

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25

Equity and Liabilities

Shareholders Fund + 4.105.467.259.7219.3326.6567.21134.22
Share Capital 1.351.481.481.902.582.582.9113.07
Reserves 2.753.985.777.8216.7524.0764.30121.14
Debt +14.0521.5724.3628.5324.1740.0761.4154.62
Long Term Debt10.9015.6213.876.684.8110.9312.7212.49
Short Term Debt3.155.9410.4921.8519.3529.1348.6942.14
Minority Interest00000000
Trade Payables12.0115.5121.3120.3836.4943.9118.6411.26
Others Liabilities 4.818.537.9213.9113.5418.1818.5019.69
Total Liabilities 34.9751.0760.8472.5493.53128.82165.76219.79

Fixed Assets

Net Fixed Assets +11.7111.5911.5110.9810.4610.6711.4412.05
Gross Block14.7515.1416.4416.8317.1218.2319.8721.62
Accumulated Depreciation3.043.554.935.856.667.558.439.56
CWIP 00000012.6529.79
Investments 0.110.160.162.353.243.368.078.37
Inventories13.3226.8736.9648.5167.3587.99106.66117.31
Trade Receivables4.194.522.843.694.6512.6812.8540.40
Cash Equivalents 2.443.124.140.380.160.160.931.43
Others Assets 3.204.815.226.647.6713.9513.1710.44
Total Assets 34.9751.0760.8472.5493.53128.82165.76219.79

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity + 2.47-3.76-0.898.052.04-0.48-7.89-31.26
PBT 0.950.870.903.967.859.7618.1816.05
Adjustment 2.553.800.954.842.575.486.173.61
Changes in Working Capital -0.74-8.17-2.740.37-6.28-13.18-27.45-46.92
Tax Paid -0.29-0.250-1.12-2.10-2.54-4.78-4
Cash Flow From Investing Activity + 0.01-0.73-0.87-0.11-1.03-1.07-18.77-18.73
Capex -0.21-0.82-1.01-0.39-0.29-1.11-14.30-18.88
Net Investments -0-0.0500.14-0.90-0.12-4.70-0.30
Others 0.220.140.130.140.160.160.230.45
Cash Flow From Financing Activity + -1.415.172.79-9.38-1.231.5527.4350.48
Net Proceeds from Shares 00.6501.253.97027.1854.85
Net Proceeds from Borrowing 0.594.72-1.75-7.19-1.876.121.78-0.23
Interest Paid -1.84-30-3.45-3.32-4.57-5.29-4.14
Dividend Paid 00000000
Others -0.152.794.540003.75-0
Net Cash Flow 1.080.681.02-1.45-0.2200.770.50

Financial Ratio

PARTICULARSMar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)16.7214.779.9427.7338.8431.8628.8912.07
ROCE (%)15.3817.1313.4721.226.4424.9122.8312.14
Asset Turnover Ratio1.481.181.060.891.20.950.820.7
PAT to CFO Conversion(x)3.58-5.3-1.413.430.36-0.07-0.58-2.57
Working Capital Days
Receivable Days29.7031.3022.6020.1015.303038.6072.30
Inventory Days94.20144.60196.20262.50212.70268.40294.20304.20
Payable Days122.40122137.70167.10128.50179.90134.5055.60

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

BEW Engineering Ltd FAQs

The current trading price of BEW Engineering on 01-Jan-1970 05:30 is ₹0.00.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 31-Dec-1969 the market cap of BEW Engineering stood at ₹84.52 Cr

The latest P/E ratio of BEW Engineering as of 31-Dec-1969 is 22.34.

The latest P/B ratio of BEW Engineering as of 31-Dec-1969 is 0.63.

The 52-week high of BEW Engineering is ₹0.00 and the 52-week low is ₹0.00.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of BEW Engineering is ₹186 ( Cr.) .

Past 10 year's financial track record analysis by Moneyworks4me indicates that BEW Engineering Ltd is a average quality company.

The key valuation ratios of BEW Engineering Ltd's currently when compared to its past seem to suggest it is in the Undervalued zone.

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of BEW Engineering Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

About BEW Engineering Ltd

BEW Engineering was incorporated in the year 2011, however it's Promoter, Prakash Lade has been in this business since 1974. First manufacturing facility was set up by Prakash Lade and V Khokrale in Partnership firm viz. Bifriends Engineering Works. Second manufacturing facility was set up in 1993 under group company Sterling Fabricating Engineers. The company was established in 2011 to consolidate the operations of BEW group under one roof. In January 2018, Lade family took 100% management control of the group by buying out Khokrale family‘s stake in the Company.

The company is engaged in design and manufacture of Pharmaceutical & Chemical plants and process equipment. It design and manufacture special range of filtration, mixing and drying equipments specifically used in Pharmaceuticals, Sterile Applications, Intermediate Compounds, Fine Chemicals, Chemicals, Agro Chemicals, Pesticides, Insecticides, Dyes and Food Products. These equipments are manufactured from material such as Stainless Steel, Alloy Steel, Hastelloy etc. with various linings as per International Codes : a) IS b) BS c) ASME d) TEMA e) DIN f) CE Marks etc.

Business area of the company

The company is engaged in the design and manufacturing of filters and dryers for the Chemicals Industry comprising of Pharmaceuticals – API, Agro Chemicals, and Specialty Chemicals.

Major products

  • Agitated Pressure Nutsche Filter Dryer
  • Cone Mixer Cum Dryer Nauta Dryer
  • Rotary Vaccum Paddle Dryer
  • Rotocone Vaccum Dryer
  • Plough Shear Mixer Dryer
  • Cantilever Vaccum Dryer
  • Rotocone Vaccum Filter Dryer
  • Retractable Plough Shear Mixer Dryer
  • Spherical Dryer
  • Nutsche Filter Dryer

Major Events and Milestones

  • 2011: Incorporated under Companies Act, 1956 as ?BEW Engineers and Works Private Limited.
  • 2013: Manufacturing facility was operational and Supplied first order.
  • 2015: Executed 1st CE marked Export Order.
  • 2016: Registered as authorized ASME U & R stamp manufacturer.
  • 2016: Established fist overseas sales network in Bangladesh.
  • 2018: Expanded its sales network to Israel.
  • 2019: Expanded its sales network to Russia.
  • 2018: Lade family took 100% management control over BEW by buying Khokrale family stake.
  • 2021: Converted the company to Public Limited from Private Limited
To get DeciZen Rating of 3,500+ Stocks based on their Quality, Valuation and Price Trend Login Now

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through: