Bhansali ENG. Polymers LT
NSE: BEPL · Petrochemicals · sector
₹106.90NSE close 2026-10-26
Key numbers
Market cap₹2,660 cr
Price₹106.90
52w high / low₹138 / ₹74
P/E12.0xSector median 12.9x
P/B2.3xSector median 1.0x
Book value₹46.7
Dividend yield3.74%Sector median 1.04%
ROE20.2%Sector median 7.2%
ROCE26.5%Sector median 8.6%
OPM18.2%Sector median 10.5%
Debt / equity0.00xSector median 0.25x
EV/EBITDA8.8xSector median 6.3x
Interest cover1,334.1x
Current ratio10.15x
Sales growth 3y-2.2%Sector median -2.2%
Profit growth 3y+9.6%Sector median +9.6%
PEG–
Last 12 months to Sep 2026, Consolidated. "Sector median" = middle value of 13 companies in Petrochemicals (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹442 cr vs borrowings ₹0 cr (FY26): cash is higher (net cash).
- Operating profit covered interest 1,334.1x in the last 12 months.
- No promoter shares are pledged.
- Operating cash flow was below net profit in 3 of the last 5 years (FY26, FY25, FY22).
- Revenue was higher than a year earlier in 2 of the last 4 quarters.
- Other income was 18% of net profit in the last 12 months.
- Dividend paid in 5 of the last 5 financial years.
- Price ₹106.90 on 2026-10-26: -22.8% from the 52-week high, +44.1% 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 ₹163.72 · low ₹77.30
RevenueNet profit
RevenueNet profit
Quarterly results
| ₹ cr | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 346 | 345 | 308 | 325 | 301 | 342 | 472 | 403 |
| EBITDA | 52 | 48 | 53 | 49 | 51 | 64 | 83 | 79 |
| OPM % | 15.0% | 14.0% | 17.1% | 15.1% | 16.8% | 18.8% | 17.5% | 19.6% |
| Other income | 7 | 8 | 11 | 8 | 10 | 10 | 10 | 10 |
| Net profit | 41 | 40 | 46 | 40 | 42 | 52 | 66 | 62 |
| EPS (₹) | 1.64 | 1.59 | 1.84 | 1.63 | 1.70 | 2.07 | 2.64 | 2.51 |
| Revenue YoY | -12.9% | -1.0% | +53.3% | +24.1% | ||||
| Profit YoY | +3.4% | +30.6% | +43.0% | +54.4% |
Consolidated figures where filed. Latest quarter Sep 2026.
Profit & loss (yearly)
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|---|
| Revenue | 1,394 | 1,363 | 1,222 | 1,398 | 1,276 | 1,519 |
| EBITDA | 463 | 177 | 212 | 214 | 216 | 276 |
| Net profit | 350 | 137 | 179 | 180 | 180 | 222 |
| EPS (₹) | 21.06 | 8.24 | 7.21 | 7.23 | 7.24 | 8.92 |
| Revenue growth | -2.3% | -10.3% | +14.4% | -8.7% | +14.7% | |
| Profit growth | -60.9% | +31.2% | +0.4% | +0.1% | +33.1% | |
| Dividend / share (₹) | 1.00 | 3.00 | 4.00 | 4.00 | 4.00 |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | -2.2% | -0.2% | +14.7% |
| Net profit | +9.6% | -11.6% | +33.1% |
| EPS | -4.2% | -18.5% | – |
| Share price | – | -13.8% (2y) | +11.3% |
Balance sheet
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Shareholders' equity | – | 1,068 | 923 | 1,002 | 1,083 |
| Borrowings | – | 0 | 0 | 0 | 0 |
| Cash & equivalents | – | 280 | 207 | 404 | 442 |
| Total assets | – | 1,167 | 1,056 | 1,104 | 1,285 |
| Fixed assets | – | 140 | 133 | 137 | 133 |
| Capital work in progress | – | 0 | 19 | 11 | 31 |
| Investments | – | 0 | 0 | 3 | 2 |
| Receivables | – | 238 | 230 | 255 | 254 |
| Inventory | – | 171 | 136 | 118 | 184 |
| Payables | – | 62 | 90 | 57 | 152 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Cash from operations | 298 | 153 | 230 | 109 | 168 |
| Cash from investing | -300 | -15 | 45 | 235 | -30 |
| Cash from financing | -50 | -50 | -324 | -100 | -100 |
| Capex | 13 | 5 | 21 | 6 | 35 |
| Free cash flow | 284 | 148 | 208 | 103 | 133 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| ROE % | – | 12.8% | 19.4% | 18.0% | 16.6% |
| ROCE % | – | 18.3% | 26.2% | 24.2% | 22.8% |
| Debtor days | – | 64 | 69 | 67 | 73 |
| Inventory days | – | 63 | 60 | 44 | 79 |
| Payable days | – | 23 | 40 | 21 | 65 |
| Cash conversion cycle (days) | – | 104 | 89 | 90 | 87 |
| Working capital days | – | 211 | 210 | 222 | 255 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 57.47% |
| FIIs | 1.72% |
| DIIs | 0.02% |
| of which Mutual funds | 0.00% |
| Government | 0.00% |
| Public (non-institutions) | 40.79% |
| Quarter | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 57.47% | 57.47% | 57.47% | 57.47% | 57.47% | 57.47% | 57.47% | 57.47% |
| Promoter group | % |
|---|---|
| Babulal M Bhansali | 9.88% |
| Bhansali International Pvt Ltd | 9.74% |
| Sheraton Properties And Finance Limited | 7.36% |
| Jayesh B Bhansali | 7.03% |
| Bentley Commercial Enterprises Ltd | 5.59% |
| Speedage Commercials Ltd | 5.28% |
| Bhansali Industrial Investment & Finance Pvt Ltd | 2.69% |
| Babulal M Bhansali Huf | 2.53% |
| Meenakshi Bhansali | 2.49% |
| Dhudidevi B Bhansali | 2.24% |
| Bhansali Innovative Finance Pvt Ltd | 1.45% |
| Bhavna Sanjay Seth | 1.31% |
| Neetu Mukesh Mehta | 1.21% |
| Bhansali Engineering Industries Pvt Ltd | 1.19% |
| Public holders above 1% | % |
|---|---|
| Investor Education And Protection Fund Authority Ministry Of Corporate Affairs | 1.96% |
| Abhideep Global Finance Pvt. Ltd. | 1.12% |
1,15,544 shareholders. Pledged: 0.00% of promoter shares.
Peers in Petrochemicals
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| SPLPETRO | ₹13,340 cr | 27.5x | 5.6x | 21.0% | 28.2% | 12.7% | +0.8% | 1.41% |
| SWANCORP | ₹7,168 cr | 35.5x | 0.9x | 3.0% | 4.0% | -5.6% | +44.9% | 0.04% |
| RAIN | ₹6,928 cr | 12.9x | 0.9x | 7.2% | 10.5% | 15.1% | – | – |
| BEPL | ₹2,660 cr | 12.0x | 2.3x | 20.2% | 26.5% | 18.2% | -2.2% | 3.74% |
| MANALIPETC | ₹1,255 cr | 7.0x | 1.0x | 15.9% | 17.1% | 19.8% | -4.7% | 0.69% |
| DCW | ₹1,178 cr | 16.5x | 1.1x | 6.8% | 8.6% | 9.2% | -6.6% | 0.51% |
| TNPETRO | ₹1,013 cr | 7.1x | 1.0x | 14.8% | 14.3% | 11.9% | -12.0% | 1.06% |
| PASUPTAC | ₹630 cr | 6.6x | 1.4x | 23.9% | 25.8% | 13.9% | +6.8% | – |
| AGARIND | ₹471 cr | 11.5x | 0.7x | 6.2% | 7.5% | 7.4% | -6.4% | 1.04% |
| INDIANACRY | ₹68 cr | 3.2x | – | – | -2.0% | 0.0% | -27.0% | – |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2026-10-23 | Dividend | Interim Dividend - Re 1 Per Share |
| 2026-07-23 | Dividend | Interim Dividend - Re 1 Per Share |
| 2026-07-13 | Dividend | Dividend - Re 1 Per Share |
| 2026-02-18 | Dividend | Interim Dividend - Re 1 Per Share |
| 2025-11-04 | Dividend | Interim Dividend - Re 1 Per Share |
| 2025-09-12 | Dividend | Dividend - Re 1 Per Share |
| 2025-08-20 | Dividend | Interim Dividend - Re 1 Per Share |
| 2025-01-22 | Dividend | Interim Dividend - Re 1 Per Share |
| 2024-10-31 | Dividend | Interim Dividend - Re 1 Per Share |
| 2024-07-25 | Dividend | Interim Dividend - Re 1 Per Share |
| 2024-06-21 | Dividend | Annual General Meeting/Dividend - Re 1 Per Share |
| 2024-02-07 | Dividend | Interim Dividend - Re 1 Per Share |
| 2023-11-02 | Dividend | Interim Dividend - Re 1 Per Share |
| 2023-07-25 | Dividend | Dividend - Re 1 Per Share |
| 2023-07-05 | Bonus | Bonus 1:2 |
| 2023-06-09 | Dividend | Annual General Meeting/Dividend - Re 1 Per Share/ Special Dividend - Rs 14 Per Share |
| 2022-10-27 | Dividend | Interim Dividend - Re 1 Per Share |
| 2022-07-27 | Dividend | Interim Dividend - Re 1 Per Share |
| 2022-06-21 | Dividend | Annual General Meeting/ Dividend - Re 1 Per Share |
| 2022-01-27 | Dividend | Interim Dividend - Re 1 Per Share |
Documents
- Annual report FY26
- Annual report FY25
- Annual report FY24
- Annual report FY23
- Annual report FY22
- Announcements NSE filings
- BRSR FY26
- Latest results (data file) XBRL
- Announcements BSE filings
Links go to the original files on the exchange website.
About the company
- Petrochemical: Acrylonitrile Butadiene Styrene (ABS)
- Petrochemical: Styrene Acrylonitrile (SAN)
- Petrochemical: Trading Sales
| Sector | Commodities |
| Industry | Petrochemicals |
| Sub-industry | Petrochemicals |
| Symbol | BEPL |
| BSE code | 500052 |
| ISIN | INE922A01025 |
| Face value | ₹1.0 |
| Incorporated | 1984-04-09 |
| Website | www.bhansaliabs.com |
| Plants (India / abroad) | 2 / 0 |
From the company's filings (BRSR FY26).
Data built 2026-10-22 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.