Barak Valley CEM. Ltd.
NSE: BVCL · Cement & Cement Products · sector
₹34.48NSE close 2026-10-26
Key numbers
Market cap₹76 cr
Price₹34.48
52w high / low₹55 / ₹31
P/E37.5xSector median 21.5x
P/B0.6xSector median 1.4x
Book value₹56.6
Dividend yield–Sector median 0.64%
ROE1.7%Sector median 7.3%
ROCE5.7%Sector median 6.3%
OPM5.8%Sector median 10.9%
Debt / equity0.23xSector median 0.48x
EV/EBITDA8.4xSector median 14.1x
Interest cover2.1x
Current ratio1.16x
Sales growth 3y+5.1%Sector median +1.9%
Profit growth 3y-56.7%Sector median +16.8%
PEG–
Last 12 months to Jun 2026, Consolidated. "Sector median" = middle value of 38 companies in Cement & Cement Products (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹1 cr vs borrowings ₹29 cr (FY26): borrowings are higher by ₹28 cr.
- Borrowings fell in each of the last 3 years (₹61 cr → ₹29 cr).
- Operating profit covered interest 2.1x in the last 12 months.
- No promoter shares are pledged.
- Promoter holding fell by 1.40 percentage points in a year, to 52.72% (2026-09-30).
- Operating cash flow was below net profit in 1 of the last 5 years (FY22).
- Net loss in 3 of the last 8 quarters.
- Revenue was higher than a year earlier in 3 of the last 4 quarters.
- Other income was 65% of net profit in the last 12 months.
- Debtor days went from 27 (FY24) to 42 (FY26).
- No dividend in the last 5 financial years.
- Price ₹34.48 on 2026-10-26: -37.2% from the 52-week high, +10.5% 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 ₹60.11 · low ₹34.48
RevenueNet profit
RevenueNet profit
Quarterly results
| ₹ cr | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 42 | 55 | 58 | 58 | 47 | 48 | 60 | 61 |
| EBITDA | 2 | 6 | 4 | 5 | 2 | 1 | 4 | 6 |
| OPM % | 5.9% | 10.6% | 7.4% | 8.0% | 4.5% | 1.4% | 6.0% | 10.0% |
| Other income | 0 | 0 | 1 | 0 | 0 | 0 | 1 | 0 |
| Net profit | -1 | 1 | 1 | 1 | -0 | -2 | 2 | 3 |
| EPS (₹) | -0.24 | 0.61 | 0.53 | 0.60 | -0.08 | -1.04 | 0.66 | 1.38 |
| Revenue YoY | +13.5% | -12.9% | +2.9% | +5.8% | ||||
| Profit YoY | – | -269.9% | +33.9% | +130.1% |
Consolidated figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|---|
| Revenue | 176 | 183 | 234 | 208 | 212 | 216 |
| EBITDA | 12 | 23 | 24 | 20 | 11 | 12 |
| Net profit | -5 | 5 | 7 | 5 | 0 | 2 |
| EPS (₹) | -2.04 | 2.35 | 3.27 | 2.33 | 0.13 | 0.92 |
| Revenue growth | +3.9% | +28.2% | -11.1% | +2.0% | +1.7% | |
| Profit growth | – | +39.4% | -28.7% | -91.9% | -35.2% | |
| Dividend / share (₹) | – | – | – | – | – |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | +5.1% | +7.6% | +1.7% |
| Net profit | -56.7% | -29.1% | -35.2% |
| EPS | -61.9% | -34.3% | – |
| Share price | – | -19.7% (2y) | -26.2% |
Balance sheet
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Shareholders' equity | – | 113 | 120 | 125 | 125 |
| Borrowings | – | 61 | 49 | 33 | 29 |
| Cash & equivalents | – | 1 | 3 | 3 | 1 |
| Total assets | – | 233 | 234 | 219 | 210 |
| Fixed assets | – | 140 | 135 | 132 | 126 |
| Capital work in progress | – | 0 | 0 | 0 | 2 |
| Investments | – | 0 | 0 | 0 | 0 |
| Receivables | – | 14 | 17 | 19 | 25 |
| Inventory | – | 40 | 37 | 33 | 31 |
| Payables | – | 21 | 21 | 17 | 23 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Cash from operations | -5 | 25 | 16 | 12 | 11 |
| Cash from investing | 52 | -0 | -5 | 2 | 1 |
| Cash from financing | -46 | -26 | -10 | -14 | -13 |
| Capex | 4 | 0 | 3 | 3 | 3 |
| Free cash flow | -10 | 24 | 14 | 10 | 7 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| ROE % | – | 4.6% | 6.0% | 4.1% | 0.3% |
| ROCE % | – | 9.9% | 12.0% | 9.2% | 4.5% |
| Debtor days | – | 27 | 27 | 33 | 42 |
| Inventory days | – | 434 | 201 | 190 | 146 |
| Payable days | – | 231 | 114 | 98 | 110 |
| Cash conversion cycle (days) | – | 230 | 114 | 125 | 78 |
| Working capital days | – | 4 | 23 | 30 | 18 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 52.72% |
| Public (non-institutions) | 47.28% |
| Quarter | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 55.13% | 55.05% | 54.63% | 54.12% | 54.12% | 54.12% | 52.72% | 52.72% |
| Promoter group | % |
|---|---|
| Bina Garodia | 9.75% |
| P R Chamaria | 9.13% |
| Santosh Kumar Bajaj | 8.05% |
| Mahendra Kumar Agrawal | 6.57% |
| Devashish Bajaj | 2.44% |
| Rashmi Bajaj | 2.42% |
| Kamakhya Chamaria | 1.53% |
| Kiran Agarwal | 1.52% |
| Hardeo DAS Kamakhya Prasad HUF | 1.30% |
| Rajendra Udyog HUF | 1.17% |
| Kailash Prasad Chamaria | 1.13% |
| Ratna Chamaira | 1.08% |
| Gouri Shankar Kailash Prasad HUF | 1.06% |
| Bijay Kumar Garodia | 1.00% |
| Manish Kumar Bajaj | 0.82% |
| Public holders above 1% | % |
|---|---|
| Padmawati Credit Capital PVT Ltd | 2.70% |
| Tanvi Jignesh Mehta | 2.09% |
| Laxmi Chamaria | 1.32% |
| Sharad Kanayalal Shah | 1.30% |
| Rahul Chamaria | 1.30% |
| Neelachal Marketing Private Limited | 1.18% |
| Gayatri Chamaria | 1.12% |
| Amritansh Chamaria | 1.10% |
| Sachin Chamaria | 1.03% |
10,610 shareholders. Pledged: 0.00% of promoter shares.
Peers in Cement & Cement Products
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| ULTRACEMCO | ₹3,29,452 cr | 37.4x | 4.5x | 12.1% | 13.5% | 19.0% | +11.9% | 0.69% |
| GRASIM | ₹2,00,762 cr | 35.1x | 1.9x | 5.7% | 5.9% | 14.2% | +14.2% | 0.83% |
| AMBUJACEM | ₹91,448 cr | 20.8x | 1.5x | 7.8% | 4.8% | 14.6% | +1.4% | 0.62% |
| SHREECEM | ₹84,932 cr | 52.1x | 3.6x | 7.3% | 9.6% | 20.9% | +5.5% | 0.60% |
| JKCEMENT | ₹38,133 cr | 40.3x | 5.4x | 14.4% | 13.7% | 15.9% | +12.2% | 0.30% |
| DALBHARAT | ₹30,890 cr | 32.6x | 1.7x | 2.3% | 6.9% | 18.5% | +3.0% | 0.55% |
| ACC | ₹21,934 cr | 11.5x | 1.1x | 9.8% | 9.2% | 10.4% | +5.3% | 0.64% |
| RAMCOCEM | ₹17,620 cr | 27.3x | 2.2x | 8.3% | 10.1% | 20.7% | +3.4% | 0.27% |
| JSWCEMENT | ₹15,880 cr | 20.5x | 2.4x | 11.6% | 9.8% | 17.2% | – | – |
| BVCL | ₹76 cr | 37.5x | 0.6x | 1.7% | 5.7% | 5.8% | +5.1% | – |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2024-09-20 | Other | Annual General Meeting |
| 2023-09-22 | Other | Annual General Meeting |
| 2022-09-20 | Other | Annual General Meeting |
| 2021-09-21 | Other | Annual General Meeting |
| 2020-12-22 | Other | Annual General Meeting |
| 2019-09-19 | Other | Annual General Meeting |
| 2018-09-19 | Other | Annual General Meeting |
| 2017-09-20 | Other | Annual General Meeting |
| 2016-09-22 | Other | Annual General Meeting |
| 2015-09-15 | Other | Annual General Meeting |
| 2014-08-28 | Other | Annual General Meeting |
| 2013-09-13 | Other | Annual General Meeting |
| 2012-08-01 | Other | Annual General Meeting |
| 2011-07-28 | Other | Annual General Meeting |
| 2010-07-29 | Dividend | Dividend Re 1/- Per Share |
| 2009-09-23 | Other | Agm/Div-Re.1/- Per Share |
| 2008-07-17 | Dividend | Agm/Dividend - 20% |
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 | Commodities |
| Industry | Cement & Cement Products |
| Sub-industry | Cement & Cement Products |
| Symbol | BVCL |
| BSE code | 532916 |
| ISIN | INE139I01011 |
| 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.