BMW Industries LtdNSE:BMW
Current view Q4 2026
Kolkata steel processor that converts steel for Tata for a fee; posted record FY26 profit of Rs 81 cr. Now betting Rs 803 cr on a new Bokaro plant - transformational but unproven and debt-heavy.
Latest exchange filings last 5 · 5 after Q4 2026
- 14 Sep ’26Shareholder Meeting / Postal Ballot-Scrutinizer''s Report 14 Sep ↗
- 12 Sep ’26Shareholder Meeting / Postal Ballot-Outcome of AGM 12 Sep ↗
- 21 Aug ’26Newspaper Publication regarding completion of dispatch of Notice (including e-voting information) along with the Integrated Annual Report of 44th Annual General Meeting of the Company. ↗
- 20 Aug ’26Transcript for the Investor''s/ Analyst Meet held on 17th August, 2026 at 15:30 P.M. ↗
- 19 Aug ’26BMW Industries AGM on 12 Sept 2026; e-voting runs 9-11 Sept, annual report available. ↗
Exchange filings, with the company's own one-line summary, read off the same page as the figures. Screener publishes only the most recent few, so this is the last 5 — not everything filed since your note, and a quiet-looking list is not proof of a quiet quarter. A filing is marked new when it is dated after the end of the quarter your note covers. Not scored, and not a judgement — a routine repayment notice and a takeover sit in the same list.
AI concall report · Q4 2026
The full earnings-call read behind this view — what management promised, what they delivered, and the earning trigger.
Growth Q4 2026
| Metric | This year vs lastYoY · vs Q4 2025 | vs the quarter beforeQoQ, sequential · vs Q3 2026 | 3-year yearly average3Y CAGR · compounded | 5-year yearly average5Y CAGR · compounded |
|---|---|---|---|---|
| Sales | ▲ +33.8% | +29.6% | +5.8% | +10.8% |
| Operating profit | ▲ +70.6% | +48.7% | +9.0% | +12.8% |
| EPS | ▲ +88.5% | +88.5% | +14.2% | +5.7% |
| PAT | ▲ +83.3% | +83.3% | — | — |
Tinted rows drive the Tier. Tier = the weaker of YoY Sales and YoY PAT growth. Here the weaker is Sales at +33.8%, which is ≥ 20% → Tier 1.
QoQ is sequential, not a trend. For most Indian companies the March quarter is seasonally the largest, so a June-quarter fall against it is a calendar effect. Only the YoY column feeds the Tier.
Multibagger potential
No score — no price data. The eight growth columns arrive with the quarter's Excel import; until then a number here would be invented.
How it compares with its rivals Steel · 6 of 87 listed
These are the industry's largest names rather than companies of its own size, so the columns are worth reading straight across — a ranking against them would only be restating the size gap.
| Company | Price | P/E | Size | ROCE | Profitlast qtr | Saleslast qtr |
|---|---|---|---|---|---|---|
| BMW Industries | ₹53 | 14.0× | ₹1,188 Cr | 12.3% | +25.8% | +11.6% |
| Welspun Corp | ₹2,598 | 29.7× | ₹68,521 Cr | 22.9% | +198.6% | +14.9% |
| APL Apollo Tubes | ₹2,197 | 49.6× | ₹60,990 Cr | 31.8% | +10.9% | +8.4% |
| Shyam Metalics | ₹1,092 | 27.2× | ₹30,481 Cr | 13.0% | +18.1% | +23.4% |
| Ratnamani Metals | ₹2,792 | 44.6× | ₹19,566 Cr | 17.9% | −37.7% | −15.6% |
| Jindal Saw | ₹293 | 28.7× | ₹18,706 Cr | 10.4% | −75.4% | +9.0% |
Screener's own peer group, from the request already made for the industry P/E. It serves the industry's largest names by market cap, not companies of a similar size, so treat this as context rather than a like-for-like table; this company is always shown. On a phone the price, size and sales columns are dropped rather than pushed off the edge. Not part of the score.
Business quality to Jun 2026
| Are the margins widening? | slightly narrower than 3 years earlier | operating margin 23% → 20% over 3 years |
|---|---|---|
| Did the profit turn into cash? | more than all of it — reserves released cash too | 62% last year, 116% over three · free cash flow −₹198 cr, positive in 3 of 5 years |
| Is the growth borrowed? | lightly borrowed | ₹368 cr — 0.46× its own equity (was 0.22×) |
| Is it being collected? | customers are taking longer to pay | 82 days to collect, up 35 in a year · cash cycle 142 days |
| Who has been buying? | the promoters have held steady | promoters 74.4%, 74.0% → 74.4% over 2.8 years · FIIs 0.0% · shareholders 12,571 → 47,276 |
| What does it earn on its capital? | earns a fair return on its capital | ROCE 12.4% · ROE 10.6% |
Fetched from the filings, not typed — and deliberately not part of the score. These are the questions the score cannot ask: it reads growth, price and trend, so a company can score well while its profit never becomes cash. Weigh these beside the note, not against the number.
Screener's own checklist not mine, not the score
Against it
- The company has delivered a poor sales growth of 10.8% over past five years.
- Company has a low return on equity of 10.4% over last 3 years.
- Company might be capitalizing the interest cost
- Debtor days have increased from 55.7 to 82.4 days.
Generated by screener.in from a fixed checklist — not written by me and not an input to the score. It is here as a second machine opinion to weigh against the note; where it disagrees with the view above, the note is the considered one.