SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Bhuwalka Steel Industries Ltd (BUWALKASTL)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 513333 NSE: BUWALKASTL Steel & Iron Products | Small Cap | Bhuwalka Steel Share Price

BSE Share Price
Not Listed

Bhuwalka Steel Industries Ltd (BUWALKASTL)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 513333 NSE: BUWALKASTL Steel & Iron Products | Small Cap | Bhuwalka Steel Share Price

BSE Share Price
Not Listed
Key Metrics
Valuation Multiples
Market Cap
₹5 Cr.
Current Price
₹0
52-Week Low / High
₹4 / 4
TTM EPS
₹-12.4
TTM Sales
₹213 Cr.
Book Value per Share
₹-5.5
P/E Ratio
0.00
Industry PE
25.8
Price to Book (P/B)
-0.81
Price to Sales (P/S)
0.02
EV/EBITDA
-19.89
Dividend Yield
0.00%
Profitability Efficiency
Return on Equity (ROE)
0.00%
Return on Capital Employed (ROCE)
0.00%
Return on Assets (ROA)
4.33%
Operating Profit Margin
74.4%
Net Profit Margin
13.56%
Gross Profit Margin
77.5%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
-
-67.02%
Operating Profit Growth (1 Year)
-
-63.18%
Net Profit Growth (1 Year)
-
-92.72%
Asset Quality
Promoter Holding
70.94%
Pledged shares (%) of Promoter's holding (%)
84.57%
Reserves
₹-16 Cr.
Equity
₹10.4 Cr.
Face Value
₹10
All Time Low / High
₹1.98 / 70.50

Bhuwalka Steel Industries stock performance

Key Ratios
mw4me loader

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.

Value Creation

Mar'10Mar'11Mar'12Sep'13Mar'14Mar'15Mar'22Mar'23Mar'24Mar'25TTM
ROCE % 11.9%16.4%13.6%19.1%-5.9%-2.5%-4.1%0%90.7%0%-

Growth Parameters

Sales 45852863956833639301.99.33.1213
Sales YoY Gr.-15.2%21%-11%-40.8%16.7%-100%NA402.2%-67%-
Adj EPS 1.83.2-2.1-1.9-37.2-5.6-4.512,267.35,7741,418.2-12.4
YoY Gr.-81.7%-167.3%NANANANANA-52.9%-75.4%-
BVPS (₹) 20.924.122157.77.1-243.2-81,812.7-76,038.7-75,621.6-5.5
Adj Net
Profit
1.83.3-2.2-2-38.6-5.9-4.712.35.81.4-13
Cash Flow from Ops. 2.32035.7-42.968.8-66.2-0-31.41311.7-
Debt/CF from Ops. 53.473.7-3.35.7-3.6-55290.5-2.96.15.6-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales -42.6%-60.9%NA-67%
Adj EPS 110.5%NANA-75.4%
BVPS-348.5%-728.9%NANA
Share Price - - - -

Key Financial Parameters

Mar'10Mar'11Mar'12Sep'13Mar'14Mar'15Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
7.612.4-8.2-11.5-114.6-66.13.9-7.4-7.3-1.90
Op. Profit
Mgn %
4.15.34.24.7-6.1-3.5049.766.674.4-14
Net Profit
Mgn %
0.40.6-0.4-0.4-11.5-1.50658.461.846.1-6
Debt to
Equity
5.45.35.48.838.127.6-0.9-1.1-1.1-0.9-
Working Cap
Days
101998775424182015731122184
Cash Conv.
Cycle
284040463381420-7,103-62-312

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'10Mar'11Mar'12Sep'13Mar'14Mar'15Mar'22Mar'23Mar'24Mar'25
Sales458.31527.81638.70852.73168.18392.5201.869.343.08
Operating Expenses + 439.46499.72612.01812.95178.45406.370.320.943.120.79
Manufacturing Costs29.7727.0921.3422.352.808.550000
Material Costs400.06455.81573.16767.63169.98388.180000
Employee Cost 5.089.7712.2715.223.665.190000
Other Costs 4.557.045.247.7524.450.320.943.120.79
Operating Profit 18.8528.1026.6939.79-10.27-13.85-0.320.936.222.29
Operating Profit Margin (%) 4.1%5.3%4.2%4.7%-6.1%-3.5%-49.7%66.6%74.4%
Other Income + 1.210.901.271.320.210.340.060.060.090.10
Exceptional Items 0005.01013.12039.440-1.43
Interest 13.9020.7425.4436.7112.150.370000
Depreciation 3.073.075.988.173.045.224.430.550.540.54
Profit Before Tax 3.095.19-3.461.23-25.25-5.99-4.6939.885.770.42
Tax 1.011.90-1.260.74-5.96-9.320000
Profit After Tax 2.093.29-2.210.50-19.293.33-4.6939.885.770.42
PAT Margin (%) 0.5%0.6%-0.4%0.1%-11.5%0.9%-2,140.4%61.8%13.6%
Adjusted EPS (₹)2.03.2-2.10.5-18.63.2-4.539,876.95,774.0417.1
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Valuation of Bhuwalka Steel - 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'10Mar'11Mar'12Sep'13Mar'14Mar'15Mar'22Mar'23Mar'24Mar'25

Equity and Liabilities

Shareholders Fund + 22.9126.1923.9824.485.198.52-251.05-81.81-76.04-75.62
Share Capital 6.396.3911.5811.5811.5811.5811.580.010.010.01
Reserves 16.5219.8012.4112.91-6.39-3.06-262.63-81.82-76.05-75.63
Debt +124.34130.87123.99211.60192.40235.29232.2290.8579.7464.77
Long Term Debt124.3442.7130.3873.9471.7577.3777.0290.8579.7464.77
Short Term Debt088.1693.60137.65120.64157.92155.20000
Minority Interest0000000000
Trade Payables85.5264.8297.3335.5661.9228.6821.570.100.120.05
Others Liabilities 19.3136.0620.6620.5124.903.3822.720.357.7818.48
Total Liabilities 252.08257.94265.97292.15284.41275.8825.459.4811.607.68

Fixed Assets

Net Fixed Assets +41.1176.3676.9367.6564.4159.3723.647.597.056.51
Gross Block75.72113.92120.41118.53118.34118.51110.7818.2818.2818.27
Accumulated Depreciation34.6137.5643.4950.8853.9259.1487.1410.6911.2311.76
CWIP 39.524.99000.220.220000
Investments 13.8213.8213.8213.8213.8210.020.03000
Inventories77.73101.65100.71129.5799.0369.480000
Trade Receivables64.8618.6550.8555.4878.23115.1200.310.360.10
Cash Equivalents 0.918.749.165.048.822.360.641.433.430.24
Others Assets 14.1233.7214.5020.5919.8819.301.140.150.760.84
Total Assets 252.08257.94265.97292.15284.41275.8825.459.4811.607.68

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'10Mar'11Mar'12Sep'13Mar'14Mar'15Mar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity + 2.3319.9935.72-64.2834.40-66.24-0-31.4113.0211.67
PBT 3.095.19-3.461.23-25.25-19.11-4.6939.885.770.42
Adjustment 15.5221.4629.2736.8414.565.284.43-38.950.450.44
Changes in Working Capital -16.08-6.5210.02-102.1445.32-52.410.25-32.347.3810.93
Tax Paid -0.20-0.13-0.10-0.21-0.21000-0.58-0.11
Cash Flow From Investing Activity + -6.69-3.81-1.536.13-0.0316.95015.050.021.38
Capex -6.69-3.81-1.536.13-0.03-0.17016.06-00
Net Investments 000003.800-1.07-0.071.29
Others 0000013.3200.060.090.09
Cash Flow From Financing Activity + 4.11-12.92-33.7754.03-30.6042.84016.06-11.11-14.96
Net Proceeds from Shares 000000011.5700
Net Proceeds from Borrowing 00000000-11.11-14.96
Interest Paid -13.24-18.41-23.31-33.69-11.52-0.060000
Dividend Paid 0000000000
Others 17.355.49-10.4687.72-19.0842.8904.4900
Net Cash Flow -0.243.270.42-4.123.78-6.45-0-0.311.93-1.91

Financial Ratio

PARTICULARSMar'10Mar'11Mar'12Sep'13Mar'14Mar'15Mar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)10.114.08-9.242.16-141.4958.9N/AN/AN/AN/A
ROCE (%)11.9216.3913.5819.07-5.87-2.49N/AN/AN/AN/A
Asset Turnover Ratio2.112.252.583.230.61.4300.110.890.32
PAT to CFO Conversion(x)1.116.08N/A-128.56N/A-19.89N/A-0.792.2627.79
Working Capital Days
Receivable Days38.8026.6018.8021.50140.9087.90061.2013.1027.10
Inventory Days51.3057.1054.7046.60240.8076.600000
Payable Days6749.8036.2023.4047.5023.100000

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *84.5784.5784.5784.5784.5784.5784.5784.5784.5784.57
* Pledged shares as % of Promoter's holding (%)

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Bhuwalka Steel Industries Ltd FAQs

The current trading price of Bhuwalka Steel 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 Bhuwalka Steel stood at ₹4.63 Cr

The latest P/E ratio of Bhuwalka Steel as of 31-Dec-1969 is 0.00.

The latest P/B ratio of Bhuwalka Steel as of 31-Dec-1969 is -0.81.

The 52-week high of Bhuwalka Steel is ₹4.46 and the 52-week low is ₹4.46.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Bhuwalka Steel is ₹213 ( Cr.) .

Data is not available for this company.

No data found

No data found

About Bhuwalka Steel Industries Ltd

Bhuwalka Steel Industries (BSIL) was established in 1981, and is now one of the largest manufacturers of steel rolled products in south India with plants at Bangalore, Kanchipuram and Mumbai. The foundation of the company was laid by Suresh Kumar Bhuwalka, the chief promoter of the group. The group is today one of the fastest growing group in secondary steel sector in the country. Operating at the leading edge of technology, BSIL is a licensee of Hennigdorfer Stahl Engineering Gmbh, Germany for the manufacture of Thermex Thermo Mechanically treated (TMT) Reinforcement Bars. The first company in South India to obtain this advanced technology, Bhuwalka TMT Re-Bars help bring world class steel to the construction and infrastructure development industries in the region.

It is one of the largest manufacturers of steel rolled products in south India with plants at Bangalore Kanchipuram and Mumbai. Listed on Mumbai and Bangalore Stock exchanges, BSIL has a turnover of over Rs 550 crore and is among the fastest growing steel companies in India. The core competence in steel remains the guiding spirit at Bhuwalka helping it to meet the needs of infrastructure and civil / housing construction sector manufacturing Reinforcement Bars And Structurals.

The clients of the company include Indian Railways, state electricity boards, L&T, infrastructure projects and infrastructure institutions.

The group’s product range includes TMT Bars, Angels, Channels, Beams, Flats, Square, Rounds, etc, The turnover of the group today stands at over Rs 5500 million. The corporate and registered office of the group is in Bangalore, the garden city of India.

The core competence in steel remains the guiding spirit at Bhuwalka helping it to meet the needs of infrastructure and civil/housing construction sector manufacturing reinforcement bars and structurals. The products are manufactured as per the Indian Standard which is equivalent to most of the International Standrads.

Products of the company includes : TMT Bars, MS Angle, MS Square, MS Beam, MS Channel, MS Flat, MS Round, Gate Channel, T Angle.

Group companies:

Bhuwalka Steel Industries Ltd. -  It is India’s one of the largest manufacturer of Mild steel Rolled Products. The company was incorporated in 1981 and commenced its commercial production in 1983. The products include TMT Bars under Thermex, Technology, Angles, Channels, Beams, Squares, Rounds, Flats, etc, manufactured in the following units located in different parts of India, with a capacity to roll 2,00,000 Metric Tonnes per Annum.

Nava Karntaka Steels Pvt.ltd- This is an integrated steel plant with a capacity to manufactures 30000 Mts M.S Billets and 27000 Mts Rolled Products Per Annum.

Bhuwalka Trade Links Pvt Ltd- This company is the trading arm of the group which trades in Steel Rolled Prodcuts and other allied products

Bhuwalka Steel Industries (UAE) FZE (a wholly owned subsidiary) - This company has been incorporated in Humriyah Free Zone, Sharjah, UAE.

Recent development

Bhuwalka Steel Industries has entered into Joint Development Agreement (JDA) with Soul Space Realty Ltd (a B.L. Kashyap Group Company) in May 2008 for joint development of its Bangalore property where presently a TMT mill was situated. As per the JDA, the existing unit will be relocated to Bellary.

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:

×