Bcl Industries (BCLIND) had a P/E of 7.3× on 6 Nov 2026, below the industry P/E of 31.3×, and the shares are 28% below their 52-week high. It earns ROCE of 17% and ROE of 13%, and sales and net profit grew 15% and 20% a year over 3 years. Its dividend yield is 1.2%, and debt is 0.60× equity. It is a small-cap company with a market cap of ₹854 Cr, ranked 11th of 19 Beverages (Wineries & Distilleries) companies by market cap; the shares fell 26% over the past year.
- ₹29.10
- ₹29.27
- ₹27.50
- ₹29.42
- 2.8 L
Health check
- ReturnsBehind
−25.8% over a year, better than 1 of 7 peers.
- Price tagCheaper
P/E 7.3 vs industry 31.3.
- GrowthSteady
Sales +14.8%, profit +20.1% a year over 3 years.
- ProfitabilityWeak
ROCE 16.6% vs peer median 24.0%.
- Balance sheetFair
Debt 0.60× equity, interest covered 6.2×, Piotroski 6 of 9.
- Red flags1 to check
Quarterly sales down 26.4% on a year ago.
Small cap
Defensive
Key metrics
- Market cap
- ₹854 Cr
- Small cap
- P/E
- 7.3
- Industry 31.3
- Price to book
- 0.94
- Peers 8.68
- Dividend yield
- 1.21%
- ROE
- 13.4%
- Peers 15.4%
- ROCE
- 16.6%
- Peers 24.0%
- Debt to equity
- 0.60
- Debt ₹569 Cr
- EPS (TTM)
- ₹3.95
- Face value ₹1
- OPM (TTM)
- 9.7%
- Net margin 4.5%
- Sales growth
- −26.4%
- Latest quarter vs a year ago
- Profit growth
- +5.3%
- Latest quarter vs a year ago
- Price to sales
- 0.33
- EV/EBITDA 6.2
Strengths and risks
Strengths
- P/E of 7.3 against an industry P/E of 31.3.
- Positive operating cash flow in each of the last 4 years.
Risks to check
- Quarterly sales down 26.4% on a year ago.
About Bcl Industries
BCL Industries Limited, an agro-processing and manufacturing company, engages in the edible oil, rice milling, grain-based distillery, and real estate businesses in India. It provides grain-based ethanol production, extra neutral alcohol, country liquor, and biofuels. The company also constructs residential houses. The company was incorporated in 1976 and is based in Chandigarh, India.
- Headquarters
- Chandigarh
- Sector
- Consumer Defensive
- ISIN
- INE412G01024
- Website
- bcl.ind.in
Price range
- Avg volume (3M)
- 6.7 L
- 1-year return
- minus 25.8%
- From 52-week high
- minus 27.7%
Peers · Beverages - Wineries & Distilleries
| Company | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| UNITDSPRUnited Spirits | 1,418.00 | plus 1.69% | 1,00,686 | 59.8 | 11.11 | 25.5% | 19.2% | 17.8% | 5.6% | 17.4% | 1.20% | minus 3.9% |
| RADICORadico Khaitan | 4,515.20 | minus 0.22% | 60,499 | 75.9 | 16.49 | 24.0% | 24.0% | 19.4% | 24.6% | 40.0% | 0.20% | plus 41.4% |
| ABDLAllied Blenders and Distillers | 708.00 | plus 1.28% | 19,803 | 86.8 | 12.05 | 24.6% | 13.3% | 13.5% | 7.4% | 422.4% | 0.76% | plus 4.0% |
| TITilaknagar Industries | 485.50 | minus 0.32% | 12,035 | – | 3.98 | – | −2.7% | 15.7% | – | – | 0.21% | minus 3.4% |
| PICCADILPiccadily Agro Industries | 582.30 | minus 1.20% | 5,740 | 40.6 | 6.25 | 20.0% | 17.4% | 13.4% | 19.5% | 83.3% | 0.17% | minus 14.5% |
| IGLSPIRITSIGL Spirits | 852.28 | minus 4.25% | 5,713 | 95.9 | – | – | – | 0.0% | – | – | 0.00% | minus 7.5% |
| GLOBUSSPRGlobus Spirits | 693.25 | minus 0.93% | 2,181 | 22.0 | 1.62 | 12.4% | 7.9% | 10.0% | 8.7% | −9.1% | 0.94% | minus 38.4% |
| BCLINDBcl Industries | 28.93 | minus 1.67% | 854 | 7.3 | 0.94 | 16.6% | 13.4% | 9.7% | 14.8% | 20.1% | 1.21% | minus 25.8% |
| Median of 7 peers | – | −0.32% | 12,035 | 67.9 | 8.68 | 24.0% | 15.4% | 13.5% | 8.7% | 40.0% | 0.21% | −3.9% |
Quarterly results
| ₹ Cr | Jun 25 | Sep 25 | Dec 25 | Mar 26 | Jun 26 |
|---|---|---|---|---|---|
| 792 | 691 | 726 | 582 | 583 | |
| 738 | 624 | 660 | 527 | 522 | |
| 53.5 | 67.1 | 66.6 | 54.7 | 61.1 | |
| 6.8% | 9.7% | 9.2% | 9.4% | 10.5% | |
| 2.6 | 1.5 | 1.8 | 3.3 | 4.6 | |
| 6.9 | 10.4 | 7.4 | 8.3 | 4.5 | |
| 11.5 | 13.1 | 13.1 | 13.1 | 14.4 | |
| 37.8 | 45 | 47.8 | 36.6 | 46.8 | |
| 11.3% | 30.0% | 26.0% | 28.9% | 24.1% | |
| 30.6 | 28.9 | 32.1 | 23.3 | 32.3 | |
| 1.04 | 0.98 | 1.09 | 0.79 | 1.09 |
Profit & loss
- Sales CAGR 3Y
- +14.8%
- Profit CAGR 3Y
- +20.1%
- EPS CAGR 3Y
- +13.6%
- ROE
- 13.4%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 1,801 | 2,096 | 2,770 | 2,727 | |
| – | +16.4% | +32.2% | minus 1.6% | |
| 1,677 | 1,904 | 2,566 | 2,485 | |
| 124 | 192 | 205 | 242 | |
| 6.9% | 9.1% | 7.4% | 8.9% | |
| 4.5 | 6.9 | 6.7 | 7.5 | |
| 17.7 | 32.4 | 29.6 | 32 | |
| 25 | 36 | 46.1 | 50.8 | |
| 0.1 | −0.5 | 0.9 | 0.5 | |
| 85.5 | 130 | 137 | 167 | |
| 24.7% | 26.0% | 24.7% | 24.4% | |
| 66.3 | 90.3 | 95 | 115 | |
| – | +36.2% | +5.2% | +21.1% | |
| 2.66 | 3.43 | 3.26 | 3.90 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 24.2 | 27.2 | 29.5 | 29.5 | |
| 456 | 624 | 772 | 880 | |
| 432 | 477 | 536 | 567 | |
| 183 | 172 | 217 | 91.7 | |
| 1,096 | 1,301 | 1,555 | 1,569 | |
| 547 | 632 | 721 | 808 | |
| 231 | 12.7 | 117 | 11 | |
| 7.3 | 14.1 | 32.1 | 43.8 | |
| 4.7 | 2.2 | 19.6 | 99.3 | |
| 306 | 639 | 665 | 607 | |
| 1,096 | 1,301 | 1,555 | 1,569 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 28.5 | 39.2 | 113 | 392 | |
| −250 | −131 | −129 | −198 | |
| 206 | 92.1 | 83.2 | −86.6 | |
| −16.2 | 0.4 | 66.7 | 107 | |
| −256 | −137 | −134 | −132 | |
| −228 | −98 | −21.2 | 260 | |
| −2.8 | −4.9 | −7.4 | −7.8 |
Shareholding pattern
NSE hasn’t returned a shareholding pattern for this company. Institutions hold about 0.1% (Yahoo estimate).
Major shareholders
Filings & events
News
No recent news coverage found.