As of 6 Nov 2026, Beezaasan Explotech trades at 76.3× trailing earnings, above the industry P/E of 22.1×. Its ROCE of 11% is the second-lowest among the 7 largest Specialty Chemicals peers, and sales fell 2.5% a year over 3 years while net profit grew 65%. Debt is 0.24× equity. It is listed on an SME platform with a market cap of ₹1,171 Cr, ranked 79th of 204 Specialty Chemicals companies by market cap; the shares rose 220% over the past year.
- ₹799.30
- ₹819.00
- ₹770.90
- ₹793.00
- 9.6K
Health check
- ReturnsAhead
+219.8% over a year, better than 7 of 7 peers.
- Price tagPricier
P/E 76.3 vs industry 22.1.
- GrowthSteady
Sales −2.5%, profit +65.3% a year over 3 years.
- ProfitabilityWeak
ROCE 10.9% vs peer median 24.4%.
- Balance sheetFair
Debt 0.24× equity, interest covered 13.1×, Piotroski 4 of 9.
- Red flags3 to check
Quarterly profit down 24.5% on a year ago.
Small cap
Market sensitivity
Key metrics
- Market cap
- ₹1,171 Cr
- Small cap
- P/E
- 76.3
- Industry 22.1
- Price to book
- 7.53
- Peers 13.33
- Dividend yield
- 0.00%
- ROE
- 10.6%
- Peers 23.0%
- ROCE
- 10.9%
- Peers 24.4%
- Debt to equity
- 0.24
- Debt ₹37 Cr
- EPS (TTM)
- ₹10.13
- OPM (TTM)
- 5.2%
- Net margin 6.3%
- Sales growth
- −2.2%
- Latest quarter vs a year ago
- Profit growth
- −24.5%
- Latest quarter vs a year ago
- Price to sales
- 5.54
- EV/EBITDA 57.3
Strengths and risks
Strengths
- Positive operating cash flow in each of the last 4 years.
Risks to check
- Quarterly profit down 24.5% on a year ago.
- Quarterly sales down 2.2% on a year ago.
- P/E of 76.3 against an industry P/E of 22.1.
About Beezaasan Explotech
Beezaasan Explotech Limited manufactures and supplies explosives and explosive accessories for cement, construction, mining, and defense industries in India and internationally. It offers cartridge explosives, including slurry explosives, emulsion explosives, detonating fuses, and cast boosters. The company was founded in 1976 and is based in Himatnagar, India.
- Headquarters
- Himatnagar
- Employees
- 317
- Sector
- Basic Materials
- ISIN
- INE13VU01016
- Website
- beezaasan.com
Price range
- Avg volume (3M)
- 17.1K
- 1-year return
- plus 219.8%
- From 52-week high
- minus 5.6%
Peers · Specialty Chemicals
| Company | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| ASIANPAINTAsian Paints | 2,546.00 | plus 0.88% | 2,44,025 | 50.5 | 35.0 | 24.4% | 18.9% | 0.21 | 1.1% | plus 1.5% |
| SOLARINDSSolar Industries India | 18,608.00 | plus 0.48% | 1,68,384 | 74.4 | 64.1 | 29.5% | 27.8% | 0.22 | 12.4% | plus 35.9% |
| PIDILITINDPidilite Industries | 1,579.00 | plus 1.63% | 1,60,827 | 60.0 | 44.4 | 28.5% | 23.5% | 0.03 | 7.4% | plus 6.8% |
| LINDEINDIALinde India | 6,859.00 | plus 8.73% | 58,496 | 118.4 | 64.2 | 16.3% | 31.5% | 0.23 | – | plus 5.4% |
| BERGEPAINTBerger Paints India | 478.35 | minus 5.28% | 55,776 | 45.4 | 29.4 | 20.6% | 15.3% | 0.15 | 4.2% | minus 6.0% |
| FLUOROCHEMGujarat Fluorochemicals | 4,665.50 | minus 0.94% | 51,251 | 75.9 | 44.0 | 9.6% | 24.1% | 0.26 | −4.5% | plus 28.0% |
| ACUTAASAcutaas Chemicals | 3,786.60 | plus 0.42% | 31,001 | 70.9 | 64.1 | 27.7% | 39.4% | 0.01 | 29.4% | plus 105.6% |
| BEEZAASANBeezaasan Explotech | 772.95 | minus 2.53% | 1,171 | 76.3 | 57.1 | 10.9% | 5.2% | 0.24 | −2.5% | plus 219.8% |
| Median of 7 peers | – | 0.48% | 58,496 | 70.9 | 44.4 | 24.4% | 24.1% | 0.21 | 5.8% | 6.8% |
Quarterly results
This company doesn’t report these figures in a format we can read yet.
Profit & loss
- Sales CAGR 3Y
- −2.5%
- Profit CAGR 3Y
- +65.3%
- ROE
- 10.6%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 228 | 188 | 215 | 211 | |
| – | minus 17.7% | +14.5% | minus 1.6% | |
| 220 | 175 | 192 | 191 | |
| 7.9 | 12.3 | 23.3 | 20.8 | |
| 3.5% | 6.5% | 10.8% | 9.8% | |
| 1.1 | −0.1 | −0.1 | 1.3 | |
| 3.2 | 3.4 | 3.5 | 1.4 | |
| 1.5 | 2.1 | 2.6 | 3.1 | |
| – | – | 1.3 | 0 | |
| 4.2 | 6.7 | 18.4 | 17.6 | |
| 30.0% | 23.4% | 24.4% | 23.5% | |
| 2.9 | 5.1 | 13.1 | 13.3 | |
| – | +74.2% | +156.6% | +1.2% | |
| 2.27 | 3.96 | 13.42 | – |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 7.4 | 9.5 | 12.9 | 15.2 | |
| 7 | 14.3 | 83.9 | 140 | |
| 43.3 | 37.2 | 24.6 | 37 | |
| 4 | 9.5 | 6.6 | 10.7 | |
| 61.6 | 70.5 | 128 | 203 | |
| 27.5 | 33.8 | 48.6 | 58.7 | |
| 3.4 | 1.6 | 11.9 | 9.2 | |
| 7 | 2.6 | 20.5 | 22.1 | |
| 23.8 | 32.5 | 47.1 | 113 | |
| 61.6 | 70.5 | 128 | 203 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 2.2 | 6.9 | 5.9 | 1.8 | |
| −9.9 | −8.8 | −55.6 | −12 | |
| 14.3 | −2.3 | 47.4 | 10.3 | |
| 6.5 | −4.2 | −2.3 | 0.1 | |
| −9.9 | −10.3 | −17.5 | −12.7 | |
| −7.7 | −3.4 | −11.6 | −10.9 |
Shareholding pattern
This company is listed only on BSE, so there’s no NSE category split. See Major shareholders below for the named holders.
Major shareholders
Filings & events
News
No recent news coverage found.