Fin Cascade

Prices as of 9 Oct 2026 close · Not investment advice

BSL Limited

NSE: BSLOther Textile Products

Share price

₹121.33

+1.47% close of 9 Oct 2026

Market cap ₹121 CrP/E 33.4

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.

38

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

₹121 Cr

P/E ratio

33.4

P/B ratio

1.0

ROCE

6.0%

ROE

1.7%

Dividend yield

0.0%

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 ₹203.2952-week low ₹102.79

Answers

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

How fast it has been growing

Sales grew 1.1% over the past year, and 6.7% a year over its longer record. Meanwhile what it keeps of every 100 rupees of sales slipped from 9.1% to 7.6% over the last four years.

Whether it grew faster than its sector

It grew 6.7% a year against a sector median of 7.2% — 0.5 percentage points slower.

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

At 33.4× earnings against a market that pays 24.1× across 2199 companies we can price. Its own industry sits at 34.4×, across 5 companies. It is against its own five-year median of 15.0×, the 93rd percentile of its own range.

Whether growth justifies the valuation

Its earnings are falling, so growth cannot justify the price.

Profit growthPrice per ₹1 profitPer 1% growth
BSL Limited — this one-51%/yr33.4×—
Trident Limited-6%/yr28.4×—
Indo Count Industries Limited-23%/yr58.2×—
Garware Technical Fibres Limited7%/yr34.4×₹4.9
Kusumgar Limited38%/yr60.8×₹1.6
Filatex India Limited—25.1×—

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 Textile Products), it ranks 70 of 106 on returns, 52 of 103 on growth, 65 of 106 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?

No durable advantage shows in the numbers: it earns 6.0% on capital, ahead of 34% 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 ₹89 crore of cash from the business but spent ₹247 crore on plant and equipment, ₹158 crore more than it made; the gap was mostly borrowed — borrowings rose from ₹186 crore to ₹439 crore. And the profit is real: of every 100 rupees it reported over 12 years, about 368 arrived as cash — well above the profit; depreciation and interest are the reason, not a windfall. Its cash comes back faster than it used to: it went from being waiting 38 days for its cash to waiting 12 days for its cash.

Profit reality check

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

6 of 10 checks clear · 60%

How the profit check works

Latest result · Q1 FY27

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

Announced 11 Aug 2026 · Standalone · Unaudited

Revenue

₹170 Cr

Revenue vs last year

+7.4%

Revenue vs last quarter

+14.8%

Net profit

₹2 Cr

Profit vs last year

+266.4%

Net margin

1.0%

EPS

₹1.67

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
₹121 Cr
Prev close
₹121.33
52w High
₹205
52w Low
₹98.0
Enterprise value
₹560 Cr
Beta
0.9
Price CAGR 1y
-25.0%
Price CAGR 3y
-15.0%
Price CAGR 5y
11.0%
Price CAGR 10y
6.0%

Ratios

Return on assets
0.3%
PEG ratio
-0.7
P/E ratio
33.4
P/B ratio
1.0
EV / EBITDA
10.9
Industry P/E
16.3
ROCE
6.0%
ROCE 5y average
9.4%
ROE
1.7%
Debt / Equity
3.7
Interest coverage
1.1
Dividend yield
0.0%
ROE 3y average
6.0%
ROE last year
2.0%

Annual P&L

Annual revenue
₹657 Cr
Annual profit
₹2 Cr
Operating margin
7.0%
Net profit margin
0.3%
EBITDA margin
7.5%
Sales growth 3y
11.7%
Sales growth 5y
15.4%
Profit growth 3y
-51.0%
Profit growth 5y
10.0%
EPS
₹2.3
Sales growth TTM
1.0%
Profit growth TTM
-43.0%
Dividend payout
0.0%

Quarter P&L

Sales latest quarter
₹170 Cr
Profit latest quarter
₹2 Cr
YoY quarterly sales growth
7.4%
YoY quarterly profit growth
266.0%
OPM latest quarter
8.4%

Balance Sheet

Book Value
₹120
Face Value
₹10.0
Total debt
₹439 Cr
Total cash
₹0 Cr
Borrowings
₹439 Cr
Reserves / Equity
11.0

Cash Flow

Operating cash flow
₹49 Cr
Free cash flow
₹10 Cr
FCF yield
-16.5%
Net cash flow
₹0 Cr

Shareholding

Promoter holding
56.7%
FII holding
0.0%
DII holding
1.6%
Public holding
41.7%

Peer comparison

CompanyPrice ₹P/EMkt cap ₹ CrDiv yield %Profit qtr ₹ CrProfit var %Sales qtr ₹ CrSales var %ROCE %
K P R Mill Ltd1,101.3041.337,7140.45258.521.61,935.59.619.6
Welspun Living235.8680.222,2980.04162.683.62,795.523.76.3
Vardhman Textile536.4018.415,5810.93314.649.52,703.113.38.6
Trident22.3128.811,3692.24158.112.91,786.84.79.8
Indo Count Inds.471.1061.99,3330.3263.262.01,207.025.98.2
Garware Tech.773.7534.37,5511.1664.621.7482.431.422.0
Kusumgar626.8552.36,5790.0041.9882.6241.993.618.8
BSL120.0434.31250.001.7266.0169.77.46.0
Median115.9519.03510.005.947.2116.310.510.0

Competes with: Alok Industries Limited, Garware Technical Fibres Limited, Indo Count Industries Limited, K.P.R. Mill Limited, Kusumgar Limited, Trident Limited, Vardhman Textiles Limited, Welspun Living Limited

Quarterly results

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

Standalone · to 30 Jun 2026
Line itemJun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales160179171156164178170156158184167148170
Expenses145163153140148162154143146171154138155
Material Cost90861048484101
Change in Inventories-9.42-0.711.503.59-8.35-12
Purchases of Stock-in-Trade4.703.835.926.154.815.80
Employee Cost242425242425
Other Expenses343235363436
Operating Profit15161816151616121214131014
OPM %9.398.8610119.308.829.577.997.747.447.866.828.42
Other Income0.360.210.130.060.510.020.130.050.390.030.020.260.12
Exceptional items (within Other Income)000000
Interest7.457.788.479.078.137.857.957.887.797.527.387.647.65
Depreciation4.734.704.424.404.404.514.484.394.264.164.214.154.58
Profit before tax3.243.575.1333.213.363.940.210.572.061.55-1.452.18
Tax %30292416282523-33191723-3221
Net Profit2.272.523.922.522.312.523.050.280.471.721.18-0.991.72
EPS in Rs2.212.453.812.452.242.452.960.270.461.671.15-0.961.67
Diluted EPS in Rs0.280.451.671.15-0.961.67

Profit & loss

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

Standalone · to 31 Mar 2026
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales380378440403437390321436472666667657669
Expenses342342404373407361292396418601607608618
Material Cost377358
Change in Inventories-23-3.97
Purchases of Stock-in-Trade1621
Employee Cost9596
Other Expenses142137
Operating Profit38363630312929405365604951
OPM %10108777991110978
Other Income23434112-11110
Exceptional items (within Other Income)00
Interest14141514181817141933323030
Depreciation20141617161312121118181717
Profit before tax611921-111623151134
Tax %-2835354125-290-102825252413
Net Profit77611211117118.1624
EPS in Rs6.996.925.7510.851.611.321116117.932.313.53
Diluted EPS in Rs7.932.31
Dividend Payout %1717211000001199100

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
15%
3 years
12%
TTM
1%

Compounded profit growth

10 years
-11%
5 years
10%
3 years
-51%
TTM
-43%

Stock price CAGR

10 years
6%
5 years
11%
3 years
-15%
1 year
-25%

Return on equity

10 years
6%
5 years
10%
3 years
6%
Last year
2%

Balance sheet

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

Standalone
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital101010101010101010101010
Reserves576369676665687994102109110
Borrowings144139177211172161161186346437421439
Other Liabilities424270477884497789688681
Total Liabilities254255326335327321288352538618627640
Fixed Assets94106111115100897874229231219231
CWIP3241100700617
Investments000000000000
Other Assets156146211220226231210270309386402393
Total Assets254255326335327321288352538618627640

Cash flows

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

Standalone
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity24441137203017319-395749
Cash from Investing Activity-14-26-24-17-0-2-1-15-160-20-11-39
Cash from Financing Activity-11-1813-21-20-27-151314160-46-10
Net Cash Flow000-0-02-00-0-0-00
Free Cash Flow1118-1321202915-13-141-604610

Ratios

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

Standalone
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days575772787065797575797279
Inventory Days136128177206190266272244305206237216
Days Payable2824682576102488276244437
Cash Conversion Cycle165162181260184229303237304260264258
Working Capital Days181615161313423829211912
ROCE %9121056781212986

Shareholding pattern

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

Standalone · to 30 Sep 2026
Line itemDec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026
Promoters575757575757575757575757
FIIs0000.030.160.020.0200.02000
DIIs2.302.302.302.221.611.611.611.611.611.611.611.61
Public414141414242424242424242
No. of Shareholders9,9029,8499,88112,47812,77712,72612,81912,64611,79511,71311,73211,583

Price trend

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

Change over 1 year -24.5% (₹160.70 → ₹121.33)Brick size ₹3.97 (fixed)Bricks 49
₹150₹200₹121Nov '25Jan '26Mar '26May '26Jul '26
Price moved up one brickPrice moved down one brickLast close ₹121.33 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

439inr_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 BSL 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.

Uses as raw material

  • agro-fuel / mustard husk biomass for the process house boilers and thermopac
  • dyes, chemicals and auxiliaries
  • packaging materials
  • polyester staple fibre / polyester tops
  • recycled cotton
  • recycled polyester staple fibre
  • silk
  • viscose fibre / viscose tops
  • wool fibre / wool tops

Depends on the price of

  • Natural gas
  • cotton
  • cotton yarn

Sells to

  • IKEA · furnishing / upholstery fabrics - exclusive South Asia supplier of furniture fabrics; ~5 m…

About

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

Sector
Textiles
Industry
Other Textile Products
Classification
Textiles › Other Textile Products
ISIN
INE594B01012

Plants

  • BSL Mandpam integrated textile campus

News impact

Big market events that reach BSL 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 Aug 2025unspecified₹0.8
30 Jul 2024unspecified₹1
21 Sep 2023unspecified₹1.5
20 Sep 2022unspecified₹1.2
19 Sep 2018unspecified₹1
18 Sep 2017unspecified₹1.2
15 Sep 2016unspecified₹1.2
11 Sep 2015unspecified₹1.2

Splits, bonuses & buybacks

  • daily-prices repair: 9 rows from NSE's archive (replace 2, delete 0, 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.

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