X

BSL Ltd Stock Analysis

Small Cap
Evaluated by 284 users | BSE: 514045 | NSE: BSL |
Textile - Weaving
BSL is the second member of the LNJ Bhilwara Group, BSL Ltd, was born in the desert state of Rajasthan in the year 1971 in the town of Bhilwara.Today, as a multi-million dollar company, and having put the Group firmly on the international map of premium suitings, it is one of the prominent...

Analysis of Financial Track Record

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'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20
Return on Capital Employed 8.19%6.27%6.06%6.83%8.1%7.68%6.15%3.76%4.48%5.89%
Growth Parameters
Growth Parameters Colour Code Guide
Net Sales (Rs. Cr.) 271304295338380378440403437390
Y-o-Y Gr. Rt.-12.1%-2.8%14.6%12.3%-0.4%16.3%-8.5%8.6%-10.8%
Adjusted EPS (Rs.) 5.940.070.312.836.766.364.09-0.2-0.991.35
Y-o-Y Gr. Rt.--98.8%342.9%812.9%138.9%-5.9%-35.7%-104.9%NANA
Book Value per Share (Rs.) 61.3660.0261.864.9665.2671.2176.7975.4874.5772.92
Adjusted Net Profit 6.10.10.32.976.64.2-0.2-11.4
Net Op. Cash Flow (Rs. Cr.) 10.529.425.531.524.5441137.420.230.4
Debt to Cash Flow from Ops 13.645.086.084.55.893.1616.114.688.515.32
Standalone financials take only the parent company into account while consolidated financials take into account financials of the parent company as well as of all its subsidiaries. In most companies consolidated financials should be used for analysis.
BSL Ltd. should be analysed on a Standalone basis
CAGR
CAGR Colour Code Guide
  9 yrs 5 yrs 3 yrs 1 yr
Net Sales 4.1%0.5%-3.9%-10.8%
Adjusted EPS -15.2%-27.5%-30.9%NA
Book Value per Share 1.92.2-1.7-2.2
Share Price 13.2% -5.7% -7.6% 123.5%
Key Financial Parameter
Performance Ratio Colour Code Guide
 Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20
Return on Equity (%) 9.980.110.514.4710.389.325.53-0.27-1.321.83
Operating Profit Margin (%) 13.0810.5610.9210.1510.089.648.097.417.047.47
Net Profit Margin (%) 2.260.020.110.861.831.730.96-0.05-0.230.36
Debt to Equity 2.272.422.442.122.151.92.242.252.242.15
Working Capital Days 129131136126117114120153141159
Cash Conversion Cycle 82798578778584938492
Entity Percentage Holding
Promoters 56.44%
Institutions 4.14%
Non-Institutions 39.42%
Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)
Data is not available for this company.

The 5-year analysis of BSL Ltd's performance infers:

BSL Ltd earnings have declined by -27.5%, whereas share price has depreciated -5.7% CAGR over the past five years, indicating the company's share price is likely overvalued. However, for specific investment actions please connect with your investment advisor.

We analysed the performance of BSL Ltd share prices over the last 10 years. Here is what we found out:

BSL Ltd share price has depreciated 6.5% annually over the past ten years.

BSL is the second member of the LNJ Bhilwara Group, BSL Ltd, was born in the desert state of Rajasthan in the year 1971 in the town of Bhilwara.

Today, as a multi-million dollar company, and having put the Group firmly on the international map of premium suitings, it is one of the prominent members of the $363 million LNJ Bhilwara Group.

The product profile of the company covers materials ranging from wool, wool-blended and premium lightweight fabrics, to wool modal, Trevira wool and

BSL is the second member of the LNJ Bhilwara Group, BSL Ltd, was born in the desert state of Rajasthan in the year 1971 in the town of Bhilwara.

Today, as a multi-million dollar company, and having put the Group firmly on the international map of premium suitings, it is one of the prominent members of the $363 million LNJ Bhilwara Group.

The product profile of the company covers materials ranging from wool, wool-blended and premium lightweight fabrics, to wool modal, Trevira wool and other specialised fabrics blended with lycra, silk, linen, tencel, etc.

With over quarter of a century of experience in textile manufacturing, BSL currently produces over 12 million meters of fabric every year.

BSL continues to be on the cutting edge of manufacturing technology and systems. In quest for excellence, great attention is paid to details at every stage of production--from raw material to finished product

Product range of the company includes:

  • Yarns to fashion fabrics - BSL is one of the leading manufacturers of fashion fabrics and yarns in India. It produces a wide range of polyester viscose fabrics and premium range of worsted suitings, including Cashmere, Mohair, Angora and Camelhair blends. The company uses the finest Australian Merino wool for making woollen fabrics & the Low Pill Trevira polyester for making wool blends, which are imported from Hoechst, Germany. For making special fibre fabrics, it uses silk imported from China. The dyes and chemicals used for manufacturing fabric are procured leading companies like Clariant, BASF, Ciba, Bayer and Henkel. And, keeping up with the rapidly changing consumer behaviour towards the readymade garments segment, BSL has made forays in this segment with ready-made trousers under La Italia brand name. It has also recently launched a range of premium readymade shirts and accessories under La Italia brand
  • BSL Yarns - These are made from the finest Australian Merino wool that is spun to perfection on latest manufacturing systems. Meeting the most stringent international quality standards, yarns comprise a sizeable chunk of the company's export turnover. This is possible because of the company's stringent quality policy and attention to detail at every stage of production.
  • Polyester Wool Blended Suitings- BSL's polyester wool blended suitings offer a perfect blend of 100% Australian New Merino Wool ranging from 22.5 to 17 microns and Treveira/ Tergal polyester. This combination of natural and man-made fibers in 2/24 Nm to 2/100 Nm offers the best of both the worlds. The pure Merino Wool lends it the richness and sophistication, while the polyester endows it with an exciting fall and feel. This makes the fabric ideal for light winter, formal and party-wear for both men and women. BSL also offers specialised fabrics of wool blended with Lycra, Linen, Silk, Tencel, Modal etc.
  • Polyester Viscose & Polyester Cotton Blended Suitings - These exciting modern fabrics are created through blends of the finest quality polyester, viscose and Polyester cotton.Thanks to the most advanced weaving and processing technology , BSL presents a fabric with yarns of 2/15 Ne to 2/60 Ne that are impeccable and finest in finish.
  • Purewool Suitings - Immaculate Purewool Suitings are created from the purest of raw materials -- Australian New Marino Wool in 22.5 mocrons to 17 microns with yarns of 2/24 Nm to 2/80 Nm. Soft to touch and superior in drape, this is a result of a flawless blending of the finest wool with latest technology. BSL Purewool suitings are both fashionable and elegant. With an amazing natural softness, the fabric is ideal for fashioning men's as well as ladies wear.
  • Readymade Garments - BSL is setting trends with its La Italia premium range in the world of fashion. Available in a variety of fabrics like cotton, polycotton, polywool and polyester viscose, the premium range of trousers has been a run away success in the readymade garment segment. The La Italia range of trousers is available in straight, relaxed and wrinkle-free fits. The recently launched readymade shirts and accessories range under the same name have been well accepted by the discerning public.

Awards /Achievements

The company has received ISO 9002 quality certification besides the National Certificate of Merit for outstanding export performance.

Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

Callback