SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Bonlon Industries Ltd (BONLON)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 543211 NSE: BONLON Metal - Non Ferrous | Small Cap | Bonlon Industries Share Price

₹42.49 0.00 (0.00%)

As on 02-Jul'26 16:59

Bonlon Industries Ltd (BONLON)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 543211 NSE: BONLON Metal - Non Ferrous | Small Cap | Bonlon Industries Share Price

₹42.49 0.00 (0.00%)

As on 02-Jul'26 16:59

Key Metrics
Valuation Multiples
Market Cap
₹70 Cr.
Current Price
₹42.5
52-Week Low / High
₹34 / 74
TTM EPS
₹1.9
TTM Sales
₹651 Cr.
Book Value per Share
₹61.1
P/E Ratio
22.93
In line with its 5-year historical median
Industry PE
19.8
Price to Book (P/B)
0.70
Higher than its 5-year historical median
Price to Sales (P/S)
0.11
In line with its 5-year historical median
EV/EBITDA
9.15
Lower than its 5-year historical median
Dividend Yield
0%
Profitability Efficiency
Return on Equity (ROE)
3.35%
Underperforms industry median
Return on Capital Employed (ROCE)
5.04%
Underperforms industry median
Return on Assets (ROA)
2.07%
Operating Profit Margin
1.1%
Net Profit Margin
0.43%
Gross Profit Margin
0.8%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Improving versus 3-year growth rate
44.41%
Operating Profit Growth (1 Year)
Slowing versus 3-year growth rate
9.89%
Net Profit Growth (1 Year)
Improving versus 3-year growth rate
15.45%
Asset Quality
Promoter Holding
71.21%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹84 Cr.
Equity
₹16.4 Cr.
Face Value
₹10
All Time Low / High
₹16.00 / 112.40

Bonlon Industries stock performance

Key Ratios
mw4me loader

Check Before You Invest

M-Cap below 100cr DeciZen not available

Q.1 Is Bonlon Industries Ltd a good quality company?
Bonlon Industries 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 Bonlon Industries Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Bonlon Industries Ltd vs industry peers?
Bonlon Industries Ltd revenue CAGR is 20.67%, compared to the industry median CAGR of 0%, indicating faster growth and gaining its market share.
Q.1 Promoter shareholding and pledge status of Bonlon Industries Ltd?
Promoters hold 71.21% of the Bonlon Industries Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of Bonlon Industries Ltd over the last decade?
Over the last 5 year(s), the stock has delivered a CAGR of 16.69% based on the current price.

10 Year X-Ray :

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.
Bonlon Industries Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
ROCE % 3.5%2.9%12.7%22.2%4.2%4.6%3.2%4.6%5%-
Value Creation
Index
-0.8-0.8-0.10.6-0.7-0.7-0.8-0.7-0.6-

Growth Parameters

Sales 238242215244135388511431623651
Sales YoY Gr.-1.7%-11.2%13.3%-44.4%186.6%31.8%-15.6%44.4%-
Adj EPS 0.3-1.7-3.8211.40.71.61.91.9
YoY Gr.--768%NANA-46.7%30.8%-45.6%121.6%15.9%-
BVPS (₹) 42.843.846.457.951.152.85455.757.661.1
Adj Net
Profit
0.1-0.5-421.51.912.32.73
Cash Flow from Ops. 012.6-2.958.8-43.4-45.3-8.7-11.536.6-
Debt/CF from Ops. 00-1.10-0.1-0.3-1.7-2.60.8-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales NA20.7%17.1%44.4%
Adj EPS NA-0.5%11.8%15.9%
BVPSNA-0.1%3%3.5%
Share Price - 14.6% 9.4% 11.3%

Key Financial Parameters

Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
0.6-3.9-12.93.72.22.61.433.43.1
Op. Profit
Mgn %
0-0.6-3.6-1.90.10.80.61.51.11
Net Profit
Mgn %
0-0.2-1.90.81.10.50.20.50.40.5
Debt to
Equity
0.500.100.10.20.20.40.40.1
Working Cap
Days
060761352918264885036
Cash Conv.
Cycle
0-1-11-19-62935523022

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Sales237.80241.93214.84243.51135.33387.79511.04431.49623.10
Operating Expenses + 237.74243.42222.48248.01135.25384.70508.10425.21616.21
Manufacturing Costs1.650.230.730.551.081.533.202.916.56
Material Costs234.83242.28214.22241.82132.14377.73500.88416.20601.71
Employee Cost 0.380.360.590.490.460.661.041.712.10
Other Costs 0.880.556.945.141.574.782.984.395.84
Operating Profit 0.05-1.49-7.65-4.500.083.102.946.276.89
Operating Profit Margin (%) 0.0%-0.6%-3.6%-1.8%0.1%0.8%0.6%1.5%1.1%
Other Income + 1.102.3412.1117.333.071.271.480.090.31
Exceptional Items 000000000
Interest 0.440.130.700.200.201.040.731.471.99
Depreciation 0.470.380.360.300.300.571.481.781.62
Profit Before Tax 0.250.333.4012.332.652.762.213.113.59
Tax 0.090.050.700.320.690.640.530.780.90
Profit After Tax 0.160.282.7012.011.962.121.682.332.69
PAT Margin (%) 0.1%0.1%1.3%4.9%1.5%0.6%0.3%0.5%0.4%
Adjusted EPS (₹)0.60.92.611.51.41.51.21.61.9
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%

Valuation of Bonlon Industries - 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'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25

Equity and Liabilities

Shareholders Fund + 12.8513.1348.3860.3972.8674.9676.6578.9881.67
Share Capital 3310.4310.4314.1814.1814.1814.1814.18
Reserves 9.8510.1337.9549.9658.6860.7862.4664.7967.48
Debt +6.570.013.120.803.5815.5214.6730.1830.63
Long Term Debt0.330.013.1200.1400.621.413.53
Short Term Debt6.25000.803.4515.5214.0528.7627.10
Minority Interest000000000
Trade Payables29.6425.2711.5352.147.745.5124.8522.797.99
Others Liabilities 0.222.171.3329.4424.896.470.800.367.60
Total Liabilities 49.2740.5864.36142.77109.07102.46116.96132.30127.88

Fixed Assets

Net Fixed Assets +2.932.393.562.642.348.6510.5710.5014.87
Gross Block2.932.393.562.642.3413.3516.3218.0223.55
Accumulated Depreciation000004.695.747.528.69
CWIP 000000000
Investments 0.010.015.156.0711.799.488.918.919.01
Inventories8.3013.930.533.587.4912.1512.9729.7313.41
Trade Receivables25.913.298.6825.0917.5137.9464.3255.6436.80
Cash Equivalents 2.073.020.828.274.700.850.281.7029.87
Others Assets 10.0617.9345.6197.1265.2633.3919.9025.8223.92
Total Assets 49.2740.5864.36142.77109.07102.46116.96132.30127.88

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity + 012.64-2.8658.76-43.35-45.28-8.74-11.4836.57
PBT 00.333.4012.332.652.762.213.113.58
Adjustment 0-0.781.04-2.47-1.810.431.043.073.30
Changes in Working Capital 013.15-6.7948.9-43.41-47.59-11.32-16.9730.74
Tax Paid 0-0.07-0.510-0.78-0.89-0.67-0.69-1.05
Cash Flow From Investing Activity + 01.44-6.662.64-3.710.44-1.54-2.59-20.42
Capex 01.28-1.530.670-6.88-3.40-1.71-6
Net Investments 00-5.15-0.92-5.722.311.50-1.31-13.60
Others 00.170.012.892.015.010.360.42-0.82
Cash Flow From Financing Activity + 0-13.127.32-53.9543.4844.899.8714.18-1.49
Net Proceeds from Shares 0032.55010.520000
Net Proceeds from Borrowing 0-0.320.96-3.110.137.485.840.802.11
Interest Paid 0-0.13-0.69-0.17-0.19-0.77-0.68-1.33-1.94
Dividend Paid 000000000
Others 0-12.67-25.50-50.6733.0338.184.7014.71-1.66
Net Cash Flow 00.96-2.207.45-3.580.04-0.410.1114.67

Financial Ratio

PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)1.272.168.7822.082.952.872.2333.35
ROCE (%)3.532.8512.722.244.154.573.244.575.04
Asset Turnover Ratio4.95.394.112.351.073.674.663.465.18
PAT to CFO Conversion(x)045.14-1.064.89-22.12-21.36-5.2-4.9313.59
Working Capital Days
Receivable Days39.202210.1025.3057.4026.1036.5050.7025
Inventory Days12.6016.8012.203.1014.909.20918.1011.70
Payable Days46.1041.4031.4048.1082.706.4011.1017.406.40

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

Bonlon Industries Ltd FAQs

The current trading price of Bonlon Industries on 02-Jul-2026 16:59 is ₹42.49.

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 01-Jul-2026 the market cap of Bonlon Industries stood at ₹69.61 Cr

The latest P/E ratio of Bonlon Industries as of 01-Jul-2026 is 22.93.

The latest P/B ratio of Bonlon Industries as of 01-Jul-2026 is 0.70.

The 52-week high of Bonlon Industries is ₹73.99 and the 52-week low is ₹33.50.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Bonlon Industries is ₹651 ( Cr.) .

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

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

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

About Bonlon Industries Ltd

The company was incorporated on January 21, 1997 as a private limited company under the provisions of Companies Act, 1956 with the Registrar of Companies, Jaipur in the name and style of Bonlon Steels Private Limited. Subsequently, the registered office of the company was shifted from Jaipur to New Delhi i.e. from one state to another w.e.f. December 01, 1998 with due approval of the Company Law Board, Northern Region Bench vide order dated October 29, 1998. Later on, the name of the company was changed from Bon Lon Steels Private Limited to Bonlon Industries Private Limited w.e.f. February 26, 2019. Further, the name of the company was again changed to Bonlon Industries Limited pursuant to its conversion into a public company vide shareholder’s approval dated March 01, 2019 and fresh certificate of incorporation dated March 29, 2019 issued by Registrar of Companies, Delhi.

The company began its operations in the year 1997 with the trading of copper rods and copper bars which were manufactured by renowned market players like Hindustan Copper, Sterlite India and Hindalco Industries. Later on, in the year 2006 it began supervising the manufacturing activities of Colombo Copper, a company based in Colombo, Sri Lanka which was engaged in the business of manufacturing of copper bars. The manufactured copper made bars were imported by company in India and thereafter producing copper wires from the same on job work basis, they were then sold in the market by it. The company carried such activity for two years after which it started the manufacturing activity of copper bars from scrap in its partnership firm i.e. at first in Vaishno Metals and Allied Industries in Jammu and later on in B.C. Power Controls. With the evolution of time, it gained experience in the manufacturing, trading, and marketing of the products made from copper. Eventually in the year 2013, for the production of the copper rods, it started its own manufacturing unit at, RIICO Industrial Area, Bhiwadi, Alwar, Rajasthan.

In order to synergize the operations and attaining higher business efficiencies, three of company’s group companies i.e. Smita Global (hereinafter referred as transferor company no. 1), Harshit Promoters (hereinafter referred as transferor company no. 2) and Harshit Infratech (hereinafter referred as transferor company no. 3), that were engaged in different segments of business, were amalgamated with the company in pursuance of Section 230-232 of the Companies Act, 2013 and the Order of the Hon'ble National Company Law Tribunal, Principal Bench, New Delhi dated June 13, 2018. In consequence to such amalgamation, the company is now operating its business in accordance to the new Memorandum of Association that contains the objects of the transferor companies as well. It is continuing its operations in all those the segments in which the aforesaid transferor companies were dealing and hence the business of the company is broadly categorized into the three segments i.e Metal, Hotel and Civil Construction.

Business area of the company

The company is engaged in diversified sectors namely metal business, hotel business and civil construction.

Major Events and milestones:

  • 1997: The company was incorporated as Bonlon Steels Private Limited.
  • 1998: The company’s registered office was shifted from Jaipur to New Delhi.
  • 2006: Started supervision of manufacturing activities of a Colombo based Company named Copper Bars Private Limited.
  • 2013: Started own manufacturing unit in Bhiwadi, Rajasthan.
  • 2014: Turnover crossed Rs 10,000 lakh.
  • 2017: Turnover crossed Rs 24,000 lakh.
  • 2018: Amalgamation of three group companies with company.
  • 2019: Name was changed from ‘Bonlon Steels Private Limited to ‘Bonlon Industries Private Limited’.
  • 2019: Converted into Public Limited Company vide fresh certificate of Incorporation dated March 29, 2019.
You have 4 views remaining as a Guest User. 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: