Fin Cascade
Get Android appGet iOS app

Prices as of 8 Oct 2026 close · Not investment advice

Bcl Industries Limited

NSE: BCLINDBreweries & Distilleries

Share price

₹29.88

-5.29% close of 8 Oct 2026

Market cap ₹896 CrP/E 7.7

Price-based ratios (P/B, dividend yield, EV/EBITDA) are as of 7 Oct 2026, the close above is 8 Oct 2026.

Business score

How strong the business is, in one number. The parts behind it are in Pro.

67

out of 100 · worked out 8 Oct 2026

Your ratios

The numbers you want to see first. Tap Edit to change them.

Market cap

₹896 Cr

P/E ratio

7.7

P/B ratio

1.0

ROCE

13.9%

ROE

13.4%

Dividend yield

1.1%

Price & valuation chart

How the share price and its valuation have moved. Hover over the chart to see any day. Prices as of the last close.

Prices as of 8 Oct 2026 close52-week high ₹40.5752-week low ₹25.68

Answers

Simple answers to the questions investors ask most, from the company's own numbers.

How fast it has been growing

Sales fell 13.1% over the past year. Meanwhile what it keeps of every 100 rupees of sales improved from 7.1% to 9.7% over the last four years.

Whether it grew faster than its sector

It grew 12.7% a year against a sector median of 9.9% — 2.7 percentage points faster.

Room to re-rate, or risk of de-rating

At 7.7× earnings against a market that pays 23.9× across 2199 companies we can price. Its own industry sits at 83.8×, across 5 companies. It is against its own five-year median of 16.0×, the 3rd percentile of its own range.

Whether growth justifies the valuation

Priced at 0.4 times its growth rate, on earnings growth of 20%.

Profit growthPrice per ₹1 profitPer 1% growth
Bcl Industries Limited — this one20%/yr7.7×₹0.38
Radico Khaitan Limited41%/yr83.8×₹2.0
United Breweries Limited2%/yr87.4×₹43.7
Allied Blenders and Distillers Limited422%/yr87.0×—
Tilaknagar Industries Limited51%/yr59.6×₹1.2
Piccadily Agro Industries Limited83%/yr40.4×₹0.49

Compared with companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

How it compares with its peers

Against companies the exchange files under the same label (Breweries & Distilleries), it ranks 7 of 16 on returns, 5 of 16 on growth, 12 of 16 on margin. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

What makes it hard to beat — and is that still true?

A narrow advantage: it earns 13.9% on capital, ahead of 56% of companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

Whether its growth pays for itself

No — Over the last five years it made ₹551 crore of cash from the business but spent ₹827 crore on plant and equipment, ₹276 crore more than it made; the gap was from lenders and shareholders. And the profit is real: of every 100 rupees it reported over 10 years, about 113 arrived as cash (before interest, which is why it can exceed the profit). Its cash comes back more slowly than it used to: it went from being waiting 19 days for its cash to waiting 28 days for its cash.

Profit reality check

Is the profit real cash? Simple checks on the accounts. Facts only, not advice.

8 of 9 checks clear · 89%

Latest result · Q1 FY27

What the last results showed. Whether management kept its word is in Pro.

Announced 12 Aug 2026 · Consolidated · Unaudited

Revenue

₹623 Cr

Revenue vs last year

-21.3%

Revenue vs last quarter

+7.1%

Net profit

₹36 Cr

Profit vs last year

+7.6%

Profit vs last quarter

+36.6%

Net margin

5.7%

EPS

₹1.09

Earnings call transcript · 14 Aug 2026

Checklist before you investPRO

Points for and against, in one list.

Key numbers & peers

The main numbers grouped by topic, and how the company compares with similar ones.

Price

Market cap
₹896 Cr
Prev close
₹29.88
52w High
₹41.0
52w Low
₹25.5
Enterprise value
₹1,292 Cr
Beta
1.2
Price CAGR 1y
-22.0%
Price CAGR 3y
-16.0%
Price CAGR 5y
5.0%
Price CAGR 10y
23.0%

Ratios

Return on assets
7.6%
PEG ratio
0.4
P/E ratio
7.7
P/B ratio
1.0
EV / EBITDA
6.0
Industry P/E
35.7
ROCE
13.9%
ROCE 5y average
15.8%
ROE
13.4%
Debt / Equity
0.6
Interest coverage
6.1
Dividend yield
1.1%
ROE 3y average
14.0%
ROE last year
13.0%

Annual P&L

Annual revenue
₹2,792 Cr
Annual profit
₹126 Cr
Operating margin
9.0%
Net profit margin
4.5%
EBITDA margin
8.7%
Sales growth 3y
15.4%
Sales growth 5y
14.4%
Profit growth 3y
20.0%
Profit growth 5y
22.0%
EPS
₹3.9
Sales growth TTM
-13.0%
Profit growth TTM
13.0%
Dividend payout
9.0%

Quarter P&L

Sales latest quarter
₹583 Cr
Profit latest quarter
₹36 Cr
YoY quarterly sales growth
-26.4%
YoY quarterly profit growth
9.1%
OPM latest quarter
10.5%

Balance Sheet

Book Value
₹30.3
Face Value
₹1.0
Total debt
₹569 Cr
Total cash
₹157 Cr
Borrowings
₹569 Cr
Reserves / Equity
29.3

Cash Flow

Operating cash flow
₹325 Cr
Free cash flow
₹193 Cr
FCF yield
17.8%
Net cash flow
₹119 Cr

Shareholding

Promoter holding
58.2%
FII holding
0.2%
DII holding
0.0%
Public holding
40.6%

Peer comparison

CompanyPrice ₹P/EMkt cap ₹ CrDiv yield %Profit qtr ₹ CrProfit var %Sales qtr ₹ CrSales var %ROCE %
United Spirits1,344.0052.697,4721.26463.0-20.52,708.0-10.426.4
Radico Khaitan4,495.0084.259,8270.20229.669.21,683.711.824.1
United Breweries1,185.7090.731,3440.84166.3-9.53,066.97.110.7
Allied Blenders694.2587.119,4340.7845.4-13.0978.96.118.4
Tilaknagar Inds.551.5560.613,6900.1831.6-30.31,046.0155.711.4
Piccadily Agro589.0041.35,8030.1721.416.3251.217.418.0
India Glycols382.708.12,5671.9696.832.21,130.48.612.4
BCL Industries31.558.09311.1135.55.3583.2-26.413.9
Median311.5543.41,1250.2021.416.3251.212.311.9

Competes with: Allied Blenders and Distillers Limited, Globus Spirits Limited, India Glycols Limited, Piccadily Agro Industries Limited, Radico Khaitan Limited, Tilaknagar Industries Limited, United Breweries Limited, United Spirits Limited

Quarterly results

Sales and profit for each of the last 13 quarters. Newest on the right. ₹ crore.

Consolidated · to 30 Jun 2026
Line itemJun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales429481622598636721735723792691726582583
Expenses389434568547582666689673738624660527522
Material Cost586640493451364397
Change in Inventories-12-7.2923101420
Purchases of Stock-in-Trade000835412
Employee Cost121113131312
Other Expenses108123124132108120
Operating Profit39475550545546495367675561
OPM %9.219.748.788.438.477.626.326.826.759.719.189.4010
Other Income1222222331235
Exceptional items (within Other Income)000000
Interest7910711685710785
Depreciation791010111112121113131314
Profit before tax27303835333929353845483747
Tax %27351332272428211130262924
Net Profit20203324253021283332352636
EPS in Rs0.770.711.140.850.770.940.650.861.040.981.090.791.09
Diluted EPS in Rs0.861.040.981.090.791.09

Profit & loss

Yearly sales, costs and profit for 12 years, plus the last 12 months (TTM). ₹ crore.

Consolidated · to 31 Mar 2026
Line itemMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales6428448909131,4271,9881,8182,1292,8152,7922,583
Expenses6057978178571,3451,8501,6951,9382,6112,5502,333
Material Cost2,1921,947
Change in Inventories2840
Purchases of Stock-in-Trade0137
Employee Cost4650
Other Expenses438487
Operating Profit3747745682138124191205242250
OPM %668667797910
Other Income578758779911
Exceptional items (within Other Income)00
Interest2121191516182033313331
Depreciation911111413152536465154
Profit before tax112252355811385130137167176
Tax %14182026272525262524
Net Profit1018412642856496103126128
EPS in Rs0.691.142.371.351.733.512.743.323.223.903.95
Diluted EPS in Rs3.263.90
Dividend Payout %14-05-0291418889

Compounded growth

Average yearly growth over different spans, as stored. A span can cross a demerger or an acquisition.

Compounded sales growth

10 years
—
5 years
14%
3 years
15%
TTM
-13%

Compounded profit growth

10 years
—
5 years
22%
3 years
20%
TTM
13%

Stock price CAGR

10 years
23%
5 years
5%
3 years
-16%
1 year
-22%

Return on equity

10 years
16%
5 years
16%
3 years
14%
Last year
13%

Balance sheet

What the company owns and what it owes, at the end of each year. ₹ crore.

Consolidated
Line itemMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital14161719242424273030
Reserves84116165198261342456624772880
Borrowings217228192178183260438477536569
Other Liabilities166136185209164130177172217169
Minority Interest3041
Total Liabilities4814955606046327581,0961,3011,5551,648
Fixed Assets85136138129129153339641634818
CWIP545101929166212131107
Investments253334362657101182
Other Assets317321377420448433537637800741
Total Assets4814955606046327581,0961,3011,5551,648

Cash flows

Real money coming in and going out each year — from the business, from investments and from loans. ₹ crore.

Consolidated
Line itemMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity43105329595293963325
Cash from Investing Activity-45-40-19-13-13-145-250-131-129-198
Cash from Financing Activity1616-25-216622069283-8
Net Cash Flow13-148-6-212-16017119
Free Cash Flow-323415-17-72-228-98-71193

Ratios

How fast customers pay, how long stock sits, and how well capital earns — year by year.

Consolidated
Line itemMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days27182514341919211710
Inventory Days169142138165754383887347
Days Payable9355797630173222219
Cash Conversion Cycle10210684103804470876949
Working Capital Days23272935371929474128
ROCE %131913172313161314

Shareholding pattern

Who owns the company — founders (promoters), foreign funds, Indian funds and the public. In %.

Consolidated · to 30 Jun 2026
Line itemSep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters605756595858585858585858
FIIs1.665.886.414.841.840.770.860.460.430.370.430.24
DIIs00000000.050.020.0200.01
Government000000.920.920.920.920.920.920.92
Public383738364041404141414041
No. of Shareholders28,19573,11392,0011,01,6471,38,4111,41,7901,41,6471,40,4231,39,3791,36,6251,32,5991,31,345

Price trend

The price as a Renko brick chart: small moves drop out so the bigger path stands out.

Change over 1 year -26.0% (₹40.36 → ₹29.88)Brick size ₹1.26 (fixed)Bricks 36
₹35.00₹40.00₹29.88Nov '25Jan '26Mar '26May '26Jul '26Sep '26
Price moved up one brickPrice moved down one brickLast close ₹29.88 on 8 Oct 2026

Every brick is the same size, about one typical day's move. A new brick needs a full brick's move; turning the other way needs two. Bricks show where the price went, not where it will go.

Open interestPRO

Where option traders are positioned on this stock.

Industry numbers

The numbers that matter most in this industry, from the company's own filings.

1 when an audit qualification is filed as repetitive

0.00flag

2026-03-31

the company's own unlisted debt securities in default at period end

0.00cr

2026-06-30

the company's own loans / revolving facilities in default at period end (standalone filing)

0.00cr

2026-06-30

guarantees / comfort given for promoter, promoter group, directors and KMP

0.00cr

2026-03-31

loans outstanding to promoter, promoter group, directors and KMP (governance filing)

0.00cr

2026-03-31

security given for the borrowing of promoter, promoter group, directors and KMP

0.00cr

2026-03-31

FY revenue / permanent employees + workers, same basis (calc)

2,43,47,729inr

2026-03-31

News

News and filings about Bcl Industries Limited. Open one to see why it matters.

No recent news for this company.

Supply chain

Who it buys from, sells to and competes with — as recorded in our map of company links.

Competes with

Uses as raw material

  • Broken Rice / FCI Rice (distillery feedstock)
  • Cottonseed
  • Crude Palm Kernel Oil
  • Crude Palm Oil
  • Maize (grain, distillery feedstock)
  • Mustard Seeds
  • Paddy Straw (captive power fuel)
  • Rice Bran
  • Soybean
  • Sunflower Seeds

Depends on the price of

  • Palm Oil
  • corn

Sells to

About

What the company is, from our own records: where it sits, where it makes things, and what it is made of.

Sector
Fast Moving Consumer Goods
Industry
Breweries & Distilleries
Classification
Fast Moving Consumer Goods › Breweries & Distilleries
ISIN
INE412G01024

Business segments

  • (b) Segment – Distillery · 41%
  • (d) Svaksha Distillery Ltd. Kharagpur (Subsidary) · 29%
  • (a) Maize Oil Extraction & Refinery · 25%
  • (f) Oil Trading Unit · 5%
  • (c) Segment – Real Estates · 0%
  • (e) Goyal Distillery Pvt. Ltd. (Subsidary) · 0%

Plants

  • BCL Bathinda Distillery & Edible Oil Refinery
  • Goyal Distillery Fatehabad
  • Svaksha Distillery Kharagpur

News impact

Big market events that reach Bcl Industries Limited, and how the effect spreads.

Who it hits first

  • Grain-based distillers (BCL Industries, Globus Spirits) gain assured, cheaper rice/broken-rice feedstock
  • Ethanol Blending Programme volume visibility improves for grain-route capacity

Who may gain

  • BCLIND and GLOBUSSPR as the most direct grain-ethanol beneficiaries; GAEL and DCMSHRIRAM more indirect

Along the supply chain

Downstream

Higher grain-ethanol output supports OMC ethanol-blending targets; limited direct downstream disruption to other sectors.

Upstream

FCI (government grain stock) becomes a de-facto assured feedstock supplier to grain distilleries, reducing their dependence on open-market maize/rice price volatility.

Where demand moves

Business

Ring-fenced FCI rice and broken-rice auctions channel a secured feedstock stream to grain-based ethanol distilleries, improving their input-cost certainty and capacity utilization; sugar/molasses distillers are less directly affected.

Capital

Modest positive re-rating potential for pure grain-ethanol names on feedstock-policy clarity; muted for diversified players where ethanol is a small earnings share.

How it spreads across sectors

Fast Moving Consumer Goods

Grain-distillery feedstock economics improve; molasses-route ethanol less affected

Commodity angle

Commodity

Rice / Broken Rice

Price source

FCI ring-fenced rice / broken-rice auction policy in headline; market price not provided

Shock type

policy_feedstock_supply

When it plays out

Immediate

Sentiment lift for grain-ethanol names on feedstock-allocation headline

Medium term

Sustained EBP feedstock support underpins grain-distillery capacity economics

Short term

Auction pricing and ethanol-realization terms determine actual spread benefit

Dividends, splits & big trades

Money paid out, share splits and buybacks, and big buys or sells by funds and insiders.

Dividends

18 Sep 2026unspecified₹0.35
19 Sep 2025unspecified₹0.26
11 Sep 2024unspecified₹0.25
27 Oct 2023split₹0
22 Sep 2023unspecified₹5
19 Sep 2022unspecified₹3
22 Mar 2022interim₹2
20 Sep 2021unspecified₹5

Splits, bonuses & buybacks

  • daily-prices repair: 7 rows from NSE's archive (replace 2, delete 0, insert 5), 2023-11-12..2026-02-01 (docs/flat_day_repair.md)1× · 12 Nov 2023

Bulk & block deals

DateWhoBought / soldSharesPrice
13 Jul 2026SILVERLEAF CAPITAL SERVICES PRIVATE LIMITEDBUY24,59,823₹38.32
13 Jul 2026SILVERLEAF CAPITAL SERVICES PRIVATE LIMITEDSELL24,59,823₹38.36
13 Jul 2026NK SECURITIES RESEARCH PRIVATE LIMITEDBUY21,94,137₹38.20
13 Jul 2026NK SECURITIES RESEARCH PRIVATE LIMITEDSELL21,94,137₹38.23
13 Jul 2026MICROCURVES TRADING PRIVATE LIMITEDBUY17,92,882₹38.21
13 Jul 2026MICROCURVES TRADING PRIVATE LIMITEDSELL17,92,882₹38.27
13 Jul 2026JUNOMONETA FINSOL PRIVATE LIMITEDBUY15,37,217₹37.99
13 Jul 2026JUNOMONETA FINSOL PRIVATE LIMITEDSELL15,35,944₹38.03

Documents

Annual reports, results presentations and earnings calls, straight from the source.

Facts from company filings and exchange data. Not investment advice: nothing here tells you to buy or sell.