BCL Industries Ltd - Stock Valuation and Financial Performance

BSE: 524332 | NSE: BCLIND | Edible Oil | Small Cap

BCL Industries Share Price

56.14 -0.19 -0.34%
as on 28-Mar'24 16:01

DeciZen - make an informed investing decision on BCL Industries

Overall Rating
Bole Toh

1. Quality

2. Valuation

Overvalued

3. Price Trend

BCL Industries stock performance -

mw4me loader
P/E Ratio (SA):
20.30
Market Cap:
1,534.2 Cr.
52-wk low:
38.1
52-wk high:
86.3

Is BCL Industries Ltd an attractive stock to invest in?

1. Is BCL Industries Ltd a good quality company?

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

2. Is BCL Industries Ltd undervalued or overvalued?

The key valuation ratios of BCL Industries Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

3. Is BCL Industries Ltd a good buy now?

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

10 Year X-Ray of BCL Industries:

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.
BCL Industries Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Value Creation Index Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
ROCE % 6.6%9%6%8.4%9.7%15%9.6%14.3%18.4%11%-
Value Creation
Index
-0.5-0.4-0.6-0.4-0.30.1-0.30.00.3-0.2-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 6376775286718518969181,4311,9931,6331,577
Sales YoY Gr.-6.2%-22%27.2%26.7%5.3%2.5%55.9%39.3%-18.1%-
Adj EPS 0.40.40.40.71.12.41.41.93.532.8
YoY Gr.--9.5%10.5%61.9%67.7%107.9%-42.6%37.5%86.1%-14.4%-
BVPS (₹) 5.55.86.36.98.410.311.41215.318.224.1
Adj Net
Profit
5.95.45.99.617.941.32645.284.172.176
Cash Flow from Ops. 19.422.394310.366.819.7-3.110677.5-
Debt/CF from Ops. 8.67.6205.121.62.88.8-58.124.4-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 11%13.9%21.2%-18.1%
Adj EPS 24.3%21.2%29.9%-14.4%
BVPS14.3%16.8%17%19%
Share Price 43.1% 41.3% 75.6% 45%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
7.86.86.910.215.626.21317.825.516.813.2
Op. Profit
Mgn %
4.55.44.95.55.58.26.14.86.96.98.2
Net Profit
Mgn %
0.90.81.11.42.14.62.83.24.24.44.8
Debt to
Equity
2.22.122.21.710.80.60.60.8-
Working Cap
Days
1171231841581321391571128311571
Cash Conv.
Cycle
81781088876768260455132

Recent Performance Summary

Sales growth is growing at healthy rate in last 3 years 21.15%

Net Profit is growing at healthy rate in last 3 years 29.89%

Debt to equity has declined versus last 3 years average to 0.77

Return on Equity has declined versus last 3 years average to 13.10%

Sales growth is not so good in last 4 quarters at -9.91%

Latest Financials - BCL Industries Ltd.

Standalone Consolidated
TTM EPS (₹) 2.8 3.4
TTM Sales (₹ Cr.) 1,577 2,011
BVPS (₹.) 24.1 24.4
Reserves (₹ Cr.) 629 637
P/BV 2.34 2.31
PE 20.30 16.77
From the Market
52 Week Low / High (₹) 38.05 / 86.25
All Time Low / High (₹) 0.06 / 86.25
Market Cap (₹ Cr.) 1,534
Equity (₹ Cr.) 27.2
Face Value (₹) 1
Industry PE 74.1

Management X-Ray of BCL Industries:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.005.095.094.924.93
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of BCL Industries

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Sales6376775286718518969181,4311,9931,633
Operating Expenses 6096405026358048228621,3631,8551,521
Manufacturing Costs73705859958494100142172
Material Costs4955304135336777107421,2231,6611,294
Employee Cost 6879131313141820
Other Costs 34332434201613253534
Operating Profit 2937263747745669138112
Operating Profit Margin (%) 4.5%5.4%4.8%5.5%5.5%8.2%6.1%4.8%6.9%6.9%
Other Income 46557872887
Interest 1424142121191523187
Depreciation 11889111113131515
Exceptional Items 0000000000
Profit Before Tax 8109112252356111496
Tax 23224109162924
Profit After Tax 67610184126458572
PAT Margin (%) 0.9%1.0%1.2%1.5%2.2%4.6%2.8%3.2%4.3%4.4%
Adjusted EPS (₹)0.40.50.50.71.22.41.41.93.53.0
Dividend Payout Ratio (%)12%20%22%15%0%5%0%27%14%17%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23

Equity and Liabilities

Shareholders Fund 78838998132180218290370440
Share Capital 14141414161719242424
Reserves 63697584116162199266346416
Minority Interest0000000000
Debt158161166200201174161153197324
Long Term Debt5647621089683625464161
Short Term Debt10111410592105909999132163
Trade Payables58869513310115215310077117
Others Liabilities 323342505550678647105
Total Liabilities 325362392481489555599628691986

Fixed Assets

Gross Block155158159158220232236244257282
Accumulated Depreciation525966748595107120134148
Net Fixed Assets1031009384135137128124123134
CWIP 00954000029203
Investments 94425343536364446
Inventories179224242241262266333251194292
Trade Receivables1519304742823513510269
Cash Equivalents 685195131414198
Others Assets13791010205269180234
Total Assets 325362392481489555599628691986

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity 1922943106720-310677
PBT 8109112252356111496
Adjustment 25302130312928263123
Changes in Working Capital -12-16-194-40-5-38-84-2-19
Tax Paid -1-2-2-2-4-9-6-6-37-22
Cash Flow From Investing Activity -52-9-45-38-13-5-8-103-261
Capex -5-4-9-46-7-13-5-8-36-199
Net Investments 0701-31-100-290
Others 00000000-37-62
Cash Flow From Financing Activity -14-23-31614-45-2097169
Net Proceeds from Shares 000018101030049
Net Proceeds from Borrowing 0000000000
Interest Paid -14-24-14-21-21-190-13-18-5
Dividend Paid -1-20-200-10-7-3
Others 13113917-36-29-831128
Net Cash Flow 02-313-148-5-210-14
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)7.888.687.5510.516.0826.6513.1117.8325.817.82
ROCE (%)9.1413.938.7811.2112.919.4913.119.5325.0514.72
Asset Turnover Ratio1.961.971.41.541.751.721.592.333.021.95
PAT to CFO Conversion(x)3.173.141.54.30.561.630.77-0.071.251.07
Working Capital Days
Receivable Days991721192523222219
Inventory Days101109161131108108119744154
Payable Days37498078636575381927

BCL Industries Ltd Stock News

BCL Industries Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of BCL Industries on 28-Mar-2024 16:01 is ₹56.14.
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 28-Mar-2024 16:01 the market cap of BCL Industries stood at ₹1,534.2.
The latest P/E ratio of BCL Industries as of 28-Mar-2024 16:01 is 20.30.
The latest P/B ratio of BCL Industries as of 28-Mar-2024 16:01 is 2.34.
The 52-week high of BCL Industries is ₹86.25 and the 52-week low is ₹38.05.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of BCL Industries is ₹1,577 ( Cr.) .

About BCL Industries Ltd

BCL Industries and Infrastructure was incorporated as a private limited company on February 3, 1976 and was converted into a public limited company on September 3, 1992. The registered office is located at Bhatinda, Punjab.

The company is engaged in the business of extracting, manufacturing and marketing clarified butter and oil. The company manufactures vegetable, mustard, sunflower, cottonseed, soyabean and rice bran oils, clarified butter, oil cakes, stearic acid, acid oil, soap stock, and other products.

The factory at Bhatinda in Punjab has a solvent extraction capacity of 300 TPD and oil refining capacity of 100 TPD.

Awards:

As the third highest producer of refined rice bran oil for the year 2006-2007, it was honoured with the Shri B K Goenka-SEA Award for Refined Rice Bran Oil at the 10th National Seminar on Rice Bran Oil on June 30, 2007 at Chennai.

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