Beardsell Limited

NSE: BEARDSELLOther Industrial Products

Share price

₹21.50

-1.24% close of 9 Oct 2026

Market cap ₹86 CrP/E 8.0

Price-based ratios (P/B, dividend yield, EV/EBITDA) are as of 7 Oct 2026, the close above is 9 Oct 2026.

Business score

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

out of 100 · worked out 9 Oct 2026

How the business score works

Your ratios

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

Market cap

₹86 Cr

P/E ratio

8.0

P/B ratio

0.9

ROCE

17.1%

ROE

13.2%

Dividend yield

0.5%

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 9 Oct 2026 close52-week high ₹36.5352-week low ₹20.30

Answers

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

How fast it has been growing

Sales grew 2.6% over the past year, and 8.1% a year over its longer record. Meanwhile what it keeps of every 100 rupees of sales improved from 6.8% to 8.2% over the last four years.

Whether it grew faster than its sector

It grew 8.1% a year against a sector median of 10.6% — 2.6 percentage points slower.

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

At 8.0× earnings against a market that pays 24.1× across 2199 companies we can price. Its own industry sits at 26.0×, across 5 companies. It is against its own five-year median of 15.2×, the 0th percentile of its own range.

Whether growth justifies the valuation

Priced at 0.7 times its growth rate, on earnings growth of 11%.

	Profit growth	Price per ₹1 profit	Per 1% growth
Beardsell Limited — this one	11%/yr	8.0×	₹0.72
Esab India Limited	13%/yr	36.4×	₹2.8
Subros Limited	53%/yr	25.6×	₹0.48
Harsha Engineers International Limited	4%/yr	26.0×	₹6.5
Ador Welding Limited	—	21.7×	—
Diffusion Engineers Limited	31%/yr	28.7×	₹0.92

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 (Other Industrial Products), it ranks 7 of 15 on returns, 10 of 15 on growth, 13 of 15 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 17.1% on capital, ahead of 53% 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

Yes — Over the last five years it made ₹84 crore of cash from the business, spent ₹46 crore on plant and equipment, and returned ₹28 crore to lenders and shareholders. And the profit is real: of every 100 rupees it reported over 12 years, about 302 arrived as cash — well above the profit; depreciation and interest are the reason, not a windfall. Its cash comes back more slowly than it used to: it went from being waiting 1 days for its cash to waiting 19 days for its cash.

Profit reality check

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

10 of 10 checks clear · 100%

How the profit check works

Latest result · Q1 FY27

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

Announced 8 Aug 2026 · Consolidated · Unaudited

Revenue

₹72 Cr

Revenue vs last year

+10.0%

Revenue vs last quarter

+0.6%

Net profit

₹2 Cr

Profit vs last year

-22.1%

Profit vs last quarter

-48.4%

Net margin

3.1%

EPS

₹0.57

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: ₹86 Cr
Prev close: ₹21.50
52w High: ₹37.4
52w Low: ₹20.0
Enterprise value: ₹95 Cr
Beta: 1.1
Price CAGR 1y: -35.0%
Price CAGR 3y: -17.0%
Price CAGR 5y: 11.0%
Price CAGR 10y: -6.0%

Ratios

Return on assets: 6.2%
PEG ratio: 0.7
P/E ratio: 8.0
P/B ratio: 0.9
EV / EBITDA: 4.2
Industry P/E: 25.7
ROCE: 17.1%
ROCE 5y average: 15.8%
ROE: 13.2%
Debt / Equity: 0.2
Interest coverage: 5.0
Dividend yield: 0.5%
ROE 3y average: 13.0%
ROE last year: 13.0%

Annual P&L

Annual revenue: ₹275 Cr
Annual profit: ₹11 Cr
Operating margin: 9.0%
Net profit margin: 4.0%
EBITDA margin: 9.1%
Sales growth 3y: 5.8%
Sales growth 5y: 15.8%
Profit growth 3y: 11.0%
Profit growth 5y: 115.0%
EPS: ₹2.9
Sales growth TTM: 3.0%
Profit growth TTM: 3.0%
Dividend payout: 3.0%

Quarter P&L

Sales latest quarter: ₹72 Cr
Profit latest quarter: ₹2 Cr
YoY quarterly sales growth: 10.0%
YoY quarterly profit growth: -22.1%
OPM latest quarter: 5.9%

Balance Sheet

Book Value: ₹23.0
Face Value: ₹2.0
Total debt: ₹22 Cr
Total cash: ₹13 Cr
Borrowings: ₹22 Cr
Reserves / Equity: 10.5

Cash Flow

Operating cash flow: ₹26 Cr
Free cash flow: ₹17 Cr
FCF yield: 15.1%
Net cash flow: ₹9 Cr

Shareholding

Promoter holding: 52.7%
FII holding: 0.0%
DII holding: 0.0%
Public holding: 47.0%

Peer comparison

Company	Price ₹	P/E	Mkt cap ₹ Cr	Div yield %	Profit qtr ₹ Cr	Profit var %	Sales qtr ₹ Cr	Sales var %	ROCE %
HBL Engineering	762.45	26.4	21,140	0.39	109.1	-25.1	638.0	6.0	59.3
Inox India	2,082.00	73.5	18,893	0.10	58.1	-5.0	370.8	9.2	33.5
KRN Heat Exchan	1,484.20	100.0	9,694	0.00	32.9	164.9	252.3	118.9	16.0
Esab India	5,627.00	41.8	8,662	1.33	56.1	37.1	421.1	19.6	64.7
Subros	675.50	25.7	4,417	0.44	41.5	1.7	1,032.1	17.5	19.2
Harsha Engg Intl	460.40	27.1	4,194	0.33	37.4	-1.4	457.4	25.2	13.0
Ador Welding	1,552.10	22.6	2,704	1.48	27.4	890.5	308.6	23.2	22.7
Beardsell	22.22	8.1	88	0.45	2.3	-22.1	72.2	10.0	17.1
Median	342.55	26.2	561	0.00	6.2	10.2	69.5	16.7	16.2

Competes with: Ador Welding Limited, Esab India Limited, HBL Engineering Limited, Harsha Engineers International Limited, INOX India Limited, KRN Heat Exchanger and Refrigeration Limited, PTC Industries Limited, Subros Limited

Quarterly results

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

Consolidated · to 30 Jun 2026

Line item	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Sales	57	60	60	68	60	68	65	75	66	71	67	72	72
Expenses	52	54	55	63	54	62	59	71	60	65	60	65	68
Material Cost								48	39	44	38	43	49
Change in Inventories								-0.05	1.19	-1.99	0.74	0.36	-2.09
Purchases of Stock-in-Trade								4.45	3.20	5.14	4.33	4.38	3.85
Employee Cost								6.38	6.02	5.81	5.72	6.33	5.76
Other Expenses								12	10	12	12	11	12
Operating Profit	5.28	5.79	4.99	4.44	5.65	6.49	5.80	4.76	5.53	5.93	6.18	6.57	4.26
OPM %	9.24	9.63	8.35	6.54	9.47	9.48	8.95	6.31	8.42	8.35	9.28	9.15	5.90
Other Income	0.23	1.12	0.77	1.49	0.13	0.44	0.31	0.35	0.40	0.58	0.23	0.74	0.52
Exceptional items (within Other Income)								0	0	0	0	0	0
Interest	1.05	1.16	1.02	1.28	0.97	0.95	0.94	0.76	0.77	0.88	0.95	0.57	0.59
Depreciation	1.39	1.49	2.32	2.03	1.89	1.98	1.84	1.92	1.73	1.79	1.94	1.96	1.90
Profit before tax	3.07	4.26	2.42	2.62	2.92	4	3.33	2.43	3.43	3.84	3.52	4.78	2.29
Tax %	22	28	25	64	22	21	24	23	15	47	40	8.37	1.31
Net Profit	2.41	3.06	1.81	0.95	2.28	3.16	2.52	1.87	2.90	2.05	2.10	4.38	2.26
EPS in Rs	0.61	0.78	0.46	0.24	0.58	0.80	0.64	0.47	0.74	0.52	0.53	1.11	0.57
Diluted EPS in Rs								0.48	0.73	0.52	0.53	1.11	0.57

Profit & loss

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

Consolidated · to 31 Mar 2026

Line item	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
Sales	140	159	190	168	193	161	132	186	232	245	268	275	282
Expenses	133	147	172	162	184	148	121	173	214	224	245	250	259
Material Cost											170	164
Change in Inventories											-0.95	0.30
Purchases of Stock-in-Trade											16	17
Employee Cost											21	24
Other Expenses											39	46
Operating Profit	7	12	18	6	9	12	11	13	18	21	23	25	23
OPM %	5	8	10	3.70	4.80	8	8	7	8	9	9	9	8
Other Income	1	2	2	4	1	2	1	2	4	4	1	2	2
Exceptional items (within Other Income)											0	0
Interest	5	6	6	6	6	7	5	5	5	5	4	4	3
Depreciation	4	4	5	4	4	6	6	6	6	7	8	7	8
Profit before tax	-0	5	10	0	-1	1	0	4	11	12	13	16	14
Tax %	100	37	43	-171	41	35	221	28	25	34	22	27
Net Profit	-0	3	6	0	-1	1	-0	3	8	8	10	11	11
EPS in Rs	-0.03	0.85	1.49	0.10	-0.20	0.22	-0.11	0.75	2.27	2.09	2.49	2.90	2.73
Diluted EPS in Rs											2.49	2.90
Dividend Payout %	-468	18	13	177	-90	34	-70	13	4	5	4	3

Compounded growth

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

Compounded sales growth

10 years: 6%
5 years: 16%
3 years: 6%
TTM: 3%

Compounded profit growth

10 years: 14%
5 years: 115%
3 years: 11%
TTM: 3%

Stock price CAGR

10 years: -6%
5 years: 11%
3 years: -17%
1 year: -35%

Return on equity

10 years: 8%
5 years: 12%
3 years: 13%
Last year: 13%

Balance sheet

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

Consolidated

Line item	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	5	5	5	6	6	6	6	7	7	8	8	8
Reserves	28	31	37	36	35	35	34	43	51	63	73	84
Borrowings	36	37	35	41	41	42	38	28	36	33	29	22
Other Liabilities	34	43	45	43	47	43	46	49	52	57	65	63
Minority Interest											0
Total Liabilities	103	115	122	125	128	125	124	128	147	161	175	177
Fixed Assets	46	53	56	54	55	59	56	51	50	64	67	69
CWIP	3	2	1	3	2	1	1	0	9	2	0	1
Investments	0	0	0	0	1	1	0	1	1	1	1	1
Other Assets	54	60	65	68	70	64	67	76	87	94	106	106
Total Assets	103	115	122	125	128	125	124	128	147	161	175	177

Cash flows

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

Consolidated

Line item	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Cash from Operating Activity	1	14	12	-0	13	12	12	9	15	15	19	26
Cash from Investing Activity	-4	-11	-4	-2	-5	-2	-2	-1	-13	-13	-10	-10
Cash from Financing Activity	1	-3	-7	1	-7	-12	-4	-7	-1	-6	-7	-7
Net Cash Flow	-2	-0	0	-0	2	-2	6	0	1	-4	3	9
Free Cash Flow	-3	3	7	-1	8	7	11	7	2	2	10	17

Ratios

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

Consolidated

Line item	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor Days	69	66	70	82	73	75	88	69	61	61	72	63
Inventory Days	43	39	34	44	38	56	87	56	54	53	46	53
Days Payable	92	109	94	102	97	123	163	98	84	98	86	76
Cash Conversion Cycle	20	-5	10	24	14	8	12	27	31	16	31	41
Working Capital Days	-16	-12	-4	-11	-33	-31	-23	1	-2	8	12	19
ROCE %		15	21	4	7	9	7	11	18	17	16	17

Shareholding pattern

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

Consolidated · to 30 Jun 2026

Line item	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Promoters	56	56	56	56	56	55	55	54	53	53	53	53
FIIs	0	0	0	0	0	0.03	0	0.01	0	0	0	0
DIIs	0.06	0.06	0.06	0.06	0.06	0.06	0.06	0.04	0.04	0.04	0.04	0.04
Government	0.27	0.27	0.27	0.27	0.27	0.27	0.27	0.27	0.27	0.27	0.27	0.27
Public	44	44	44	44	44	45	45	46	47	47	47	47
No. of Shareholders	11,905	12,834	14,047	14,389	15,527	16,937	16,802	15,417	15,819	15,289	14,820	14,601

Price trend

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

Change over 1 year -34.5% (₹32.82 → ₹21.50)Brick size ₹1.40 (fixed)Bricks 25

Price moved up one brickPrice moved down one brickLast close ₹21.50 on 9 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

net debt from the filed balance sheet at the newest year end: Borrowings − Cash Equivalents − Investments (Current); negative = net cash

9.44inr_cr

2026-03-31

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

News

News and filings about Beardsell 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

expanded polystyrene (EPS) beads
polyurethane / polyisocyanurate chemicals (polyol, isocyanate) for PUF/PIR panels
rock wool
steel sheet for panel facings

Depends on the price of

steel

Sells to

Abbott India Limited · clean-room / cold-chain insulation products — List of Customers logo wall (the untitled 63…
Air Miracle · insulation / panel products — List of Customers logo wall (AirMiracle.jpg)
Aqua World Exports · EPS boxes for seafood cold-chain packaging — List of Customers logo wall (aqua-world-expor…
Asian Paints · insulation / prefab panel products — List of Customers logo wall (Asian-Paints.webp)
BASF · industrial insulation / packaging products — List of Customers logo wall (Basf.png)
Bharat Bijlee Limited · industrial insulation / packaging products — List of Customers logo wall (Bharat-Bijlee.jp…
Bharat Petroleum Corporation · process / hot-and-cold industrial insulation — List of Customers logo wall (bharat-petroli…
Biovet Limited · clean-room / cold-room panels for vaccine manufacturing — List of Customers logo wall (Bio…
Bisleri · insulation / packaging products — List of Customers logo wall (Bisleri.png)
Blue Star Limited · cold-room and PUF/PIR insulated panels — List of Customers logo wall (Blue_Star_primary_lo…
Britannia Industries · EPS packaging / cold-chain insulation — List of Customers logo wall (BRITTANIA.jpg)
Butterfly Gandhimathi Appliances Limited · EPS packaging for appliances — List of Customers logo wall (butterfly.png)
Chennai Petroleum Corporation Limited · process / hot-and-cold industrial insulation — List of Customers logo wall (file CPAL.png…
Emmvee Photovoltaic Power Limited · EPS packaging / insulation for solar module manufacturing — List of Customers logo wall (E…
Ficus Pax · EPS packaging components for a packaging solutions provider — List of Customers logo wall…
Gland Pharma Limited · clean-room / cold-room modular panels — List of Customers logo wall (Gland-Pharma-Limited.…
HiMedia Laboratories · clean-room panels / laboratory cold-chain insulation — List of Customers logo wall (HiMedi…
Hindustan Unilever · EPS packaging / insulation products — List of Customers logo wall (Unilever-logo.jpg)
Hopcoms · cold-storage panels for horticultural produce — List of Customers logo wall (Hopcoms.jpg)
Indian Oil Corporation · process / hot-and-cold industrial insulation — List of Customers logo wall (Indian-Oil-Log…
Kudos Chemie Limited · clean-room / process insulation for API manufacturing — List of Customers logo wall (KUDOS…
Mahindra Lifespace Developers Limited · building insulation / prefab construction panels — List of Customers logo wall (Mahendra-L…
Micro Labs Limited · clean-room / cold-room panels for pharma — List of Customers logo wall (Micro-Labs.png)
National Fertilizers Limited · process insulation products — List of Customers logo wall (NFL.webp)
Nestle India · EPS packaging / insulation and cold-room panels — beardsell.co.in 'List of Customers' logo…
Saint-Gobain · industrial insulation / packaging products — List of Customers logo wall (SAINT-GOBAIN.jpg…
Samsung India · EPS packaging products for appliances/electronics — List of Customers logo wall (original-…
Sanofi India Limited · clean-room / cold-chain insulation products — List of Customers logo wall (sanofi-india-lt…
Shilpa Medicare Limited · clean-room panels — List of Customers logo wall (shilpabio logo, Shilpa Biologicals is Shi…
Skyroot Aerospace · industrial insulation / precision EPS products — List of Customers logo wall (Skyroot-Aero…

About

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

Sector: Capital Goods
Industry: Other Industrial Products
Classification: Capital Goods › Other Industrial Products
ISIN: INE520H01022

Business segments

Insulation · 92%
Trading · 9%

Plants

Bonthapally unit
Hapur unit, UPSIDC Phase I
Karad unit, MIDC Tasawade
Malur unit, KIADB Industrial Estate
Navi Mumbai unit, TTC Industrial Area
Thiruvallur unit, Govindamedu Village

News impact

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

No recent market events reach this company.

Dividends, splits & big trades

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

Dividends

21 Sep 2026	unspecified	₹0.1
22 Sep 2025	unspecified	₹0.1
23 Sep 2024	unspecified	₹0.1
18 Sep 2023	unspecified	₹0.1
23 Sep 2022	unspecified	₹0.1
7 Sep 2021	unspecified	₹0.1
22 Sep 2020	unspecified	₹0.1
23 Sep 2019	unspecified	₹0.24

Splits, bonuses & buybacks

daily-prices repair: 12 rows from NSE's archive (replace 4, delete 1, insert 7), 2016-10-30..2026-02-01 (docs/flat_day_repair.md)1× · 30 Oct 2016

Documents

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

Annual report · 2024-255 Sep 2025

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