BSL Ltd
NSE: BSL · Other Textile Products · sector
₹115.46NSE close 2026-10-26
Key numbers
Market cap₹119 cr
Price₹115.46
52w high / low₹205 / ₹98
P/E32.7xSector median 13.7x
P/B1.0xSector median 1.1x
Book value₹116.5
Dividend yield0.69%Sector median 0.51%
ROE3.0%Sector median 5.4%
ROCE6.2%Sector median 7.5%
OPM7.7%Sector median 6.6%
Debt / equity3.66xSector median 0.43x
EV/EBITDA10.9xSector median 9.6x
Interest cover1.1x
Current ratio1.06x
Sales growth 3y+11.7%Sector median +0.6%
Profit growth 3y-48.0%Sector median +1.1%
PEG–
Last 12 months to Jun 2026, Standalone. "Sector median" = middle value of 222 companies in Other Textile Products (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹0 cr vs borrowings ₹439 cr (FY26): borrowings are higher by ₹439 cr.
- Operating profit covered interest 1.1x in the last 12 months.
- No promoter shares are pledged.
- Operating cash flow was below net profit in 2 of the last 5 years (FY24, FY22).
- Net loss in 1 of the last 8 quarters.
- Revenue was higher than a year earlier in 2 of the last 4 quarters.
- Other income was 12% of net profit in the last 12 months.
- Dividend paid in 4 of the last 5 financial years.
- Price ₹115.46 on 2026-10-26: -43.7% from the 52-week high, +17.8% 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 ₹282.66 · low ₹113.46
RevenueNet profit
RevenueNet profit
Quarterly results
| ₹ cr | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 178 | 170 | 156 | 158 | 184 | 167 | 148 | 170 |
| EBITDA | 16 | 16 | 12 | 12 | 14 | 13 | 10 | 14 |
| OPM % | 8.8% | 9.6% | 8.0% | 7.7% | 7.4% | 7.9% | 6.8% | 8.4% |
| Other income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net profit | 3 | 3 | 0 | 0 | 2 | 1 | -1 | 2 |
| EPS (₹) | 2.45 | 2.96 | 0.28 | 0.45 | 1.67 | 1.15 | -0.96 | 1.67 |
| Revenue YoY | +3.5% | -1.7% | -4.9% | +7.4% | ||||
| Profit YoY | -31.7% | -61.3% | -453.6% | +266.0% |
Standalone figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|---|
| Revenue | 436 | 472 | 666 | 667 | 657 | 669 |
| EBITDA | 40 | 51 | 65 | 60 | 49 | 51 |
| Net profit | 11 | 17 | 11 | 8 | 2 | 4 |
| EPS (₹) | 11.15 | 16.43 | 10.91 | 7.93 | 2.31 | 3.53 |
| Revenue growth | +8.2% | +41.3% | +0.1% | -1.5% | +1.1% | |
| Profit growth | +47.3% | -33.6% | -27.3% | -70.8% | -42.5% | |
| Dividend / share (₹) | – | 1.20 | 1.50 | 1.00 | 0.80 |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | +11.7% | +15.4% | +1.1% |
| Net profit | -48.0% | +11.8% | -42.5% |
| EPS | -48.0% | +11.8% | – |
| Share price | – | -25.8% (2y) | -37.1% |
Balance sheet
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Shareholders' equity | – | 104 | 113 | 119 | 120 |
| Borrowings | – | 346 | 437 | 421 | 439 |
| Cash & equivalents | – | 1 | 0 | 0 | 0 |
| Total assets | – | 538 | 618 | 627 | 640 |
| Fixed assets | – | 226 | 228 | 216 | 229 |
| Capital work in progress | – | 0 | 0 | 6 | 17 |
| Investments | – | 0 | 0 | 0 | 0 |
| Receivables | – | 98 | 144 | 131 | 143 |
| Inventory | – | 185 | 210 | 240 | 222 |
| Payables | – | 46 | 25 | 45 | 38 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Cash from operations | 3 | 19 | -39 | 57 | 49 |
| Cash from investing | -15 | -160 | -20 | -11 | -39 |
| Cash from financing | 13 | 141 | 60 | -46 | -10 |
| Capex | 16 | 167 | 23 | 12 | 39 |
| Free cash flow | -14 | -148 | -62 | 45 | 10 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| ROE % | – | 16.2% | 10.0% | 6.8% | 2.0% |
| ROCE % | – | 9.2% | 8.7% | 7.9% | 5.9% |
| Debtor days | – | 75 | 79 | 72 | 79 |
| Inventory days | – | 305 | 206 | 237 | 216 |
| Payable days | – | 76 | 24 | 44 | 37 |
| Cash conversion cycle (days) | – | 304 | 261 | 265 | 258 |
| Working capital days | – | 29 | 21 | 20 | 12 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 56.72% |
| DIIs | 1.62% |
| of which Insurance | 1.05% |
| Public (non-institutions) | 41.67% |
| Quarter | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 56.71% | 56.72% | 56.72% | 56.72% | 56.72% | 56.72% | 56.72% | 56.72% |
| Promoter group | % |
|---|---|
| Arun Kumar Churiwal | 9.97% |
| Sudha Churiwal | 9.78% |
| Nivedan Churiwal | 7.38% |
| Akunth Textile Processors Private Limited | 6.78% |
| Redrose Vanijya LLP | 6.39% |
| Shubha Churiwal | 6.08% |
| Churiwala Properties and Investments Pvt. Ltd. | 5.00% |
| Ravi Jhunjhunwala | 1.53% |
| Cornhill Investments Ltd. | 1.17% |
| Microlight Investments Ltd. | 0.93% |
| Microbase Ltd. | 0.69% |
| Arun Nivedan HUF | 0.50% |
| RSWM Limited | 0.31% |
| Mandapam Vikas Private Limited | 0.23% |
| Lakshmi Niwas Jhunjhunwala HUF | 0.00% |
| Public holders above 1% | % |
|---|---|
| Sangeetha S | 3.99% |
| Investor Education and Protection Fund (IEPF) | 2.63% |
| Naravi Infra and Utilities Private Limited | 1.92% |
| Rekha Choudhary | 1.67% |
| Chancellor Commodeal Private Limited | 1.34% |
| National Insurance Company Ltd | 1.05% |
11,583 shareholders. Pledged: 0.00% of promoter shares.
Peers in Other Textile Products
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| SHRMFGC | ₹77,110 cr | – | – | – | – | – | – | – |
| SIYSIL | ₹43,629 cr | 184.0x | 29.9x | 17.3% | 19.4% | 12.6% | +4.8% | 0.12% |
| KPRMILL | ₹34,532 cr | 37.9x | 6.1x | 17.1% | 19.8% | 19.5% | +2.4% | 0.50% |
| WELSPUNLIV | ₹19,740 cr | 71.8x | 4.0x | 5.7% | 8.0% | 8.7% | +5.1% | 1.06% |
| VTL | ₹14,110 cr | 16.6x | 1.3x | 8.3% | 9.2% | 13.6% | -0.9% | 1.04% |
| TRIDENT | ₹10,513 cr | 26.4x | 2.2x | 8.4% | 10.0% | 12.9% | +1.9% | 2.41% |
| ICIL | ₹7,906 cr | 52.4x | 3.4x | 6.5% | 9.8% | 9.7% | +11.2% | 0.50% |
| GARFIBRES | ₹7,048 cr | 34.0x | 5.2x | 14.6% | 21.4% | 17.7% | +5.4% | 1.33% |
| KUSUMGAR | ₹5,714 cr | – | – | – | – | – | – | – |
| BSL | ₹119 cr | 32.7x | 1.0x | 3.0% | 6.2% | 7.7% | +11.7% | 0.69% |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2025-08-21 | Dividend | Dividend - Re 0.80 Per Share |
| 2024-07-30 | Dividend | Annual General Meeting/Dividend - Re 1 Per Share |
| 2023-09-21 | Dividend | Annual General Meeting/Dividend - Rs 1.50 Per Share |
| 2022-09-20 | Dividend | Annual General Meeting/Dividend - Rs 1.20 Per Share |
| 2021-09-20 | Other | Annual General Meeting |
| 2020-09-21 | Other | Annual General Meeting |
| 2019-09-04 | Other | Annual General Meeting |
| 2018-09-19 | Dividend | Annual General Meeting/Dividend- Re 1 Per Share |
| 2017-09-18 | Dividend | Annual General Meeting/Dividend - Rs 1.20 Per Share |
| 2016-09-15 | Dividend | Annual General Meeting/ Dividend - Rs 1.20/- Per Share |
| 2015-09-11 | Dividend | Annual General Meeting/ Dividend - Rs 1.20 Per Share |
| 2014-09-11 | Dividend | Annual General Meeting / Dividend - Re 1/- Per Share |
| 2013-09-11 | Other | Annual General Meeting |
| 2012-09-06 | Other | Annual General Meeting |
| 2011-08-29 | Dividend | Annual General Meeting And Dividend Re.0.75 Per Share |
| 2011-02-17 | Dividend | Interim Dividend-Re.0.75 Per Share (Purpose Revised) |
| 2010-09-02 | Dividend | Annual General Meeting And Dividend Re.0.75 Per Share |
| 2009-09-10 | Other | Annual General Meeting |
| 2008-09-04 | Other | Annual General Meeting |
| 2007-09-13 | Dividend | Agm/Dividend-5% |
Documents
- Annual report FY25
- Annual report FY24
- Annual report FY23
- Annual report FY22
- Annual report FY21
- 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 | Consumer Discretionary |
| Industry | Other Textile Products |
| Sub-industry | Other Textile Products |
| Symbol | BSL |
| BSE code | 514045 |
| ISIN | INE594B01012 |
| 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.