Bedmutha Indust Ltd
NSE: BEDMUTHA · Iron & Steel Products · sector
₹104.30NSE close 2026-10-26
Key numbers
Market cap₹337 cr
Price₹104.30
52w high / low₹144 / ₹95
P/E20.1xSector median 15.5x
P/B2.2xSector median 1.7x
Book value₹47.0
Dividend yield–Sector median 0.60%
ROE11.3%Sector median 11.1%
ROCE16.8%Sector median 11.9%
OPM3.9%Sector median 6.7%
Debt / equity1.37xSector median 0.21x
EV/EBITDA7.9xSector median 11.8x
Interest cover1.4x
Current ratio1.40x
Sales growth 3y+28.8%Sector median +2.1%
Profit growth 3y-20.6%Sector median +13.0%
PEG–
Last 12 months to Jun 2026, Consolidated. "Sector median" = middle value of 118 companies in Iron & Steel Products (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹22 cr vs borrowings ₹208 cr (FY26): borrowings are higher by ₹186 cr.
- Borrowings fell in each of the last 3 years (₹251 cr → ₹208 cr).
- Operating profit covered interest 1.4x in the last 12 months.
- 94.98% of the promoters' shares are pledged (54.2% of all shares).
- Operating cash flow was below net profit in 0 of the last 5 years.
- Net loss in 3 of the last 8 quarters.
- Revenue was higher than a year earlier in 4 of the last 4 quarters.
- Other income was 112% of net profit in the last 12 months.
- No dividend in the last 5 financial years.
- Price ₹104.30 on 2026-10-26: -27.6% from the 52-week high, +10.3% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Weekly close · high ₹219.48 · low ₹100.05
RevenueNet profit
RevenueNet profit
Quarterly results
| ₹ cr | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 251 | 274 | 282 | 311 | 364 | 357 | 436 | 541 |
| EBITDA | 7 | 6 | 10 | 11 | 14 | 11 | 23 | 18 |
| OPM % | 2.7% | 2.2% | 3.6% | 3.4% | 3.9% | 3.1% | 5.3% | 3.3% |
| Other income | 18 | 10 | 6 | 1 | 1 | 1 | 14 | 3 |
| Net profit | 11 | 2 | 2 | -3 | -1 | -4 | 15 | 7 |
| EPS (₹) | 3.28 | 0.65 | 0.64 | -1.02 | -0.29 | -1.21 | 4.54 | 2.15 |
| Revenue YoY | +44.6% | +30.4% | +54.6% | +74.3% | ||||
| Profit YoY | -108.8% | -284.8% | +606.8% | – |
Consolidated figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|---|
| Revenue | 660 | 687 | 812 | 1,049 | 1,467 | 1,698 |
| EBITDA | 16 | 17 | 26 | 34 | 59 | 66 |
| Net profit | 9 | 13 | 21 | 25 | 6 | 17 |
| EPS (₹) | 2.91 | 4.03 | 6.49 | 7.69 | 2.01 | 5.19 |
| Revenue growth | +4.0% | +18.2% | +29.2% | +39.8% | +51.9% | |
| Profit growth | +38.7% | +61.0% | +18.5% | -73.8% | +45.8% | |
| Dividend / share (₹) | – | – | – | – | – |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | +28.8% | +30.4% | +51.9% |
| Net profit | -20.6% | -49.4% | +45.8% |
| EPS | -20.7% | -49.4% | – |
| Share price | – | -30.7% (2y) | -20.7% |
Balance sheet
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Shareholders' equity | – | 100 | 120 | 145 | 152 |
| Borrowings | – | 251 | 235 | 217 | 208 |
| Cash & equivalents | – | 17 | 12 | 13 | 22 |
| Total assets | – | 499 | 566 | 655 | 726 |
| Fixed assets | – | 144 | 156 | 179 | 193 |
| Capital work in progress | – | 35 | 25 | 38 | 105 |
| Investments | – | 0 | 0 | 0 | 1 |
| Receivables | – | 70 | 105 | 140 | 156 |
| Inventory | – | 74 | 62 | 74 | 95 |
| Payables | – | 117 | 155 | 191 | 210 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Cash from operations | 71 | 73 | 74 | 109 | 158 |
| Cash from investing | -12 | -9 | -28 | -55 | -99 |
| Cash from financing | -62 | -57 | -51 | -52 | -51 |
| Capex | 12 | 11 | 29 | 56 | 106 |
| Free cash flow | 59 | 62 | 45 | 52 | 52 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| ROE % | – | 13.1% | 17.4% | 17.1% | 4.3% |
| ROCE % | – | 13.2% | 15.7% | 16.7% | 14.0% |
| Debtor days | – | 37 | 47 | 49 | 39 |
| Inventory days | – | 47 | 33 | 30 | 27 |
| Payable days | – | 74 | 82 | 77 | 60 |
| Cash conversion cycle (days) | – | 10 | -2 | 2 | 6 |
| Working capital days | – | 44 | 53 | 49 | 29 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 57.09% |
| Public (non-institutions) | 42.91% |
| Quarter | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 57.05% | 57.05% | 57.05% | 57.05% | 57.05% | 57.05% | 57.09% | 57.09% |
| Promoter group | % |
|---|---|
| Ajay Kachardas Vedmutha | 10.78% |
| Vijay Kachardas Vedmutha | 10.62% |
| Bedmutha Sons Realty Ventures Private Limited | 10.04% |
| Kachardas Ratanchand Bedmutha | 7.27% |
| Vinita Ajay Vedmutha | 5.18% |
| Usha Vijay Vedmutha | 5.15% |
| Kamalabhai Kachardas Bedmutha | 4.00% |
| K R Bedmutha Techno Assoicates Private Limited | 3.94% |
| Yash Vijay Vedmutha | 0.07% |
| Divya Ajay Vedmutha | 0.03% |
| Public holders above 1% | % |
|---|---|
| K FX Services PVT Ltd | 18.31% |
| Aakash Universal Limited | 2.82% |
| Rajiv Kumar | 1.88% |
6,569 shareholders. Pledged: 94.98% of promoter shares.
Peers in Iron & Steel Products
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| WELCORP | ₹61,798 cr | 26.7x | 6.8x | 27.8% | 19.2% | 13.9% | +19.8% | 0.21% |
| APLAPOLLO | ₹57,703 cr | 46.9x | 10.9x | 25.9% | 30.1% | 8.0% | +12.6% | 0.28% |
| SHYAMMETL | ₹31,351 cr | 28.0x | 2.7x | 7.8% | 14.2% | 12.9% | +13.7% | 0.36% |
| RATNAMANI | ₹16,345 cr | 37.8x | 4.0x | 11.2% | 15.7% | 16.7% | +0.1% | 0.60% |
| JINDALSAW | ₹14,824 cr | 26.9x | 1.2x | 4.4% | 7.2% | 9.5% | +0.1% | 0.86% |
| USHAMART | ₹14,192 cr | 27.9x | 4.3x | 16.8% | 20.1% | 19.6% | +4.1% | 0.64% |
| GALLANTT | ₹12,989 cr | 31.9x | 3.7x | 12.4% | 14.2% | 13.8% | +3.1% | 0.08% |
| GPIL | ₹11,769 cr | 14.6x | 2.0x | 15.1% | 18.7% | 21.4% | -2.2% | 0.54% |
| JAYNECOIND | ₹8,607 cr | 12.5x | 2.6x | 23.4% | 25.6% | 18.9% | +4.0% | – |
| BEDMUTHA | ₹337 cr | 20.1x | 2.2x | 11.3% | 16.8% | 3.9% | +28.8% | – |
Business segments (FY26)
| Segment | Revenue | Share | EBIT | Margin |
|---|---|---|---|---|
| Copper | ₹1,020 cr | 69.6% | ₹19 cr | 1.9% |
| Steel | ₹446 cr | 30.4% | ₹30 cr | 6.6% |
| EPC Projects | ₹0 cr | – | ₹2 cr | – |
| Others | ₹0 cr | – | ₹0 cr | – |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2024-09-20 | Other | Annual General Meeting |
| 2023-09-18 | Other | Annual General Meeting |
| 2022-09-19 | Other | Annual General Meeting |
| 2021-09-20 | Other | Annual General Meeting |
| 2020-12-04 | Other | Annual General Meeting |
| 2019-12-16 | Other | Annual General Meeting |
| 2018-09-17 | Other | Annual General Meeting |
| 2017-09-15 | Other | Annual General Meeting (Book Closure Dates Revised) |
| 2016-09-22 | Other | Annual General Meeting |
| 2015-09-16 | Other | Annual General Meeting (Book Closure Start Date Revised) |
| 2014-08-07 | Other | Annual General Meeting |
| 2012-09-14 | Other | Annual General Meeting |
| 2011-08-01 | Other | Annual General Meeting |
Documents
- Annual report FY26
- Annual report FY25
- Annual report FY24
- Annual report FY23
- Annual report FY22
- Announcements NSE filings
- Latest results (data file) XBRL
- Announcements BSE filings
Links go to the original files on the exchange website.
About the company
| Sector | Industrials |
| Industry | Iron & Steel Products |
| Sub-industry | Iron & Steel Products |
| Symbol | BEDMUTHA |
| BSE code | 533270 |
| ISIN | INE844K01012 |
| Face value | ₹10.0 |
| Incorporated | – |
| Website | – |
| Plants (India / abroad) | – |
Data built 2026-10-23 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.