Bhansali Engineering Polymers Ltd Share Price

Petrochemicals - Polymers - Large

NSE: BEPL Small Cap ISIN: INE922A01025

As on 19 February 2025 at 01:57 IST

₹102.23

-2.86

(-2.72%)

Sell Buy

About Bhansali Engineering Polymers Ltd

Bhansali Engineering Polymers Limited (BEPL) is engaged in the business of manufacturing and selling a variety of engineering thermoplastics. It operates in the chemicals and plastics sector. Specifically, it falls under the sub-sector of engineering polymers and resins, where it manufactures speciality polymers used in various high-performance applications. Bhansali Engineering Polymers has been in business since 1984, giving it decades of experience and expertise in the market. Its headquarters are in Mumbai, Maharashtra. The main products of the company include various grades of ABS resins and other high-performance engineering applications. Read More...

Over 1 Month

-18.24%

Over 6 Months

-33.75%

Over 1 Year

2.18%

Over 3 Years

16.17%

Bhansali Engineering Polymers Ltd Summary

Close ₹ 102.23

Open ₹ 106.99

High ₹ 107.92

Low ₹ 101.12

Volume 5,96,506

Net Turnover (in ₹ Cr) ₹ 6.12

52Wk High ₹ 177

52Wk Low ₹ 81.60

52Wk High / Low

81.60

177

Bhansali Engineering Polymers Ltd Fundamentals

Key Financial Data

Market Cap (in ₹Cr) ₹ 2,544.08

EPS (TTM) 7.31

Book Value (BV) 39.03

Div. Yield 3.92 %

P/E (TTM) 13.97

Price/Book Value 2.62

Delivery % 45.57 %

Face Value 1

Key Ratios

PE Ratio 12.37

PB Ratio 2.41

EV to Sales 1.65

PEG Ratio -1.04

ROA 19.42

ROE 18.08

Debt-Equity -

Net Profit Margin 12.49

Operating Profit Margin 17.55

Bhansali Engineering Polymers Ltd Financials

Profit and Loss

Consolidated

Standalone

Yearly

Quarterly

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Total Revenue	1,261.25	1,391.47	1,412.97	1,302.13	1,110.23
Total Expenses	1,019.61	1,196.68	940.88	856.16	1,027.62
Profit Before Tax	242.40	195.62	472.67	446.46	82.80
Profit After Tax	179.37	136.76	350.04	333.90	67.01
Operating Profit after Depreciation	241.84	195.96	472.25	446.61	82.72

Balance Sheet

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Fixed Assets	132.56	139.58	144.53	140.82	149.62
Total Non Current Assets	239.71	300.40	192.51	172.03	178.91
Total Current Assets	816.05	866.68	915.68	605.16	474.16
TOTAL ASSETS	1,055.76	1,167.08	1,108.19	777.19	653.07
Total Shareholder's Fund	922.78	1,068.02	981.33	681.35	356.21

Cash Flow

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Net Cash from Operating Activities	229.88	140.11	297.76	103.34	88.12
Net Cash used in Investing Activities	45.12	-15.32	-300.19	-20.72	-42.86
Net Cash used in Financing Activities	-323.52	-49.77	-49.77	-8.81	-10.11

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Total Revenue	1,262.38	1,391.47	1,412.97	1,302.13	1,110.23
Total Expenses	1,019.61	1,196.68	940.88	856.16	1,027.62
Profit Before Tax	242.76	194.79	472.09	445.98	82.61
Profit After Tax	179.73	135.93	349.45	333.41	66.82
Operating Profit after Depreciation	242.97	195.96	472.25	446.61	82.72

Balance Sheet

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Fixed Assets	132.56	139.58	144.53	140.82	149.62
Total Non Current Assets	238.31	298.65	191.58	171.53	178.91
Total Current Assets	816.05	866.68	915.68	605.16	474.16
TOTAL ASSETS	1,054.37	1,165.32	1,107.27	776.69	653.06
Total Shareholder's Fund	921.38	1,066.26	980.40	680.85	356.20

Cash Flow

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Net Cash from Operating Activities	229.88	140.11	297.76	103.34	88.12
Net Cash used in Investing Activities	45.12	-15.32	-300.19	-20.72	-42.86
Net Cash used in Financing Activities	-323.52	-49.77	-49.77	-8.81	-10.11

Particulars (in ₹ Cr.)	2024-12	2024-09	2024-06	2024-03	2023-12
Total Revenue	345.84	366.91	340.06	321.18	291.84
Total Expenses	294.12	313.88	278.47	270.11	244.97
Profit Before Tax	56.57	62.10	71.22	56.88	54.06
Profit After Tax	40.84	46.33	53.35	40.42	40.22
Operating Profit after Depreciation	58.74	64.51	73.61	59.29	56.54

Particulars (in ₹ Cr.)	2024-12	2024-09	2024-06	2024-03	2023-12
Total Revenue	345.84	366.91	340.06	321.18	291.84
Total Expenses	294.12	313.88	278.47	270.11	244.97
Profit Before Tax	56.29	62.73	70.97	57.80	53.90
Profit After Tax	40.56	46.95	53.10	41.35	40.06
Operating Profit after Depreciation	58.46	65.14	73.36	60.21	56.38

Bhansali Engineering Polymers Ltd Technicals

Support and Resistance

S3 S2 S1 Pivot R1 R2 R3

S1 102.94

S2 100.80

S3 98.37

Pivot 105.37

R1 107.51

R2 109.94

R3 112.08

Moving Average

20 SMA 115.90

50 SMA 127.37

100 SMA 132.56

200 SMA 132.89

Bhansali Engineering Polymers Ltd Corporate Actions

Dividend

Bonus

Splits

Rights

AGM

EGM

Bhansali Engineering Polymers Ltd

₹1/Share

Announcement Date 22 Jan 2025

Record Date 22 Jan 2025

Div Yield 100%

AGM Date: 29 Jun 2022

Pursuant to Regulation 30, 33 and 42 read with Schedule III and other applicable Regulations of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, please be informed that the Board of Directors of the Company at its meeting held today, inter alia, has: 1. Approved the Audited Financial Results (Standalone and Consolidated) for the quarter and financial year ended 31st March, 2022 and took note of the Audit Report issued by the Statutory Auditors of the Company; 2. Recommended a Final dividend of Re.1 (100 %) per Equity Share (of face value of Re. 1 each) for the financial year ended 31st March, 2022, which is subject to approval of the shareholders of the Company in the ensuing 38th Annual General Meeting and also subject to deduction of tax at source The Board Meeting commenced at 11:00 am and concluded at 12.40 pm. Fixed the date of closure of Register of Members and Share Transfer Books of the Company from Thursday, 23rd June, 2022 to Wednesday, 29th June, 2022 (both days inclusive) for the purpose of holding the 38th AGM and payment of Dividend to Equity Shareholders; Dear Sir/Madam, Pursuant to Regulation 30, 33 and 42 read with Schedule III and other applicable Regulations of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, please be informed that the Board of Directors of the Company at its meeting held today, inter alia, has: Convening of 38th Annual General Meeting of the Company on Wednesday, 29th June, 2022 at 11:00 a.m. through Video Conferencing ('VC')/Other Audio-Visual Means ('OAVM') Dear Sir/Madam, Pursuant to Regulation 30, 33 and 42 read with Schedule III and other applicable Regulations of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, please be informed that the Board of Directors of the Company at its meeting held today, inter alia, has: Fixed the date of closure of Register of Members and Share Transfer Books of the Company from Thursday, 23rd June, 2022 to Wednesday, 29th June, 2022 (both days inclusive) for the purpose of holding the 38th AGM and payment of Dividend to Equity Shareholders. (As Per BSE Announcement Dated on 23.04.2022) Pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 as amended, please find attached summary of proceedings of the 38th Annual General Meeting of the Company held today i.e. Wednesday, 29th June, 2022 at 11.00 am through Video Conferencing in accordance with the Circular(s) issued by the Ministry of Corporate Affairs and the Securities and Exchange Board of India. Kindly take the same on record. Pursuant to Regulation 44 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 as amended, please find attached the details of combined voting results (i.e. through remote e-voting and e-voting during the AGM) of the business transacted at the 38th AGM of the Company held on Wednesday, 29th June, 2022. Voting results shall be uploaded in XBRL mode as well. Further, Pursuant to Section 108 of the Companies Act, 2013 read with Rule 20 of the Companies (Management and Administration) Rules, 2014 attached is the Report of the Scrutinizer dated 29th June, 2022 on the voting results of the business transacted at the 38th AGM of the Company. The voting results along with the Scrutinizer's Report is available on the website of the Company (https://www.bhansaliabs.com/) and on the website of Link Intime India Pvt. Ltd. (https://instavote.linkintime.co.in/) Voting results for 38th Annual General Meeting. (As per BSE Announcement Dated on 29/06/2022) Bhansali Engineering Polymers Ltd has informed BSE regarding the details of Voting results of AGM, under Regulation 44(3) of SEBI (LODR) Regulations, 2015. (As Per BSE Announcement dated on 30.06.2022)

AGM Date: 19 Jun 2023

Convening of 39th Annual General Meeting ('AGM') of the Company on Monday, 19th June, 2023 at 11.00 a.m. through Video Conferencing ('VC')/Other Audio-Visual Means ('OAVM') Pursuant to Regulation 30 and 34 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended from time to time, please find enclosed Annual Report for Financial Year 2022-23 along with the Notice of the 39th AGM containing the matters proposed to be transacted in the AGM, together with the instructions on Remote e Voting as prescribed by SEBI & instructions for attending the AGM through VC and other general instructions for the benefit of shareholder. The Annual Report is also being sent through electronic mode to those Members whose e-mail addresses are registered with the Company/Registrar and Transfer Agent/Depositories in accordance with the aforesaid circulars. (As Per BSE Announcement Dated on 25.05.2023) Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, The summary of proceedings of the 39th Annual General Meeting of the Company held on 19th June, 2023 through Video Conferencing / Other Audio Visual Means facility. (As per BSE Announcement Dated on 19/06/2023) The Scrutinizer's Report issued by M/s. Rathi & Associates Company Secretaries on the remote e-voting conducted from 16th June 2023 to 18th June 2023 and e-voting at the Annual General Meeting held on 19th June 2023. (As Per BSE Announcement dated on 20.06.2023)

AGM Date: 29 Jun 2024

Board of Directors ofthe Company at its meeting held today, inter alia, considered the following: Convening of 40th Annual Gen eral Meeting ('AGM') of the Company on Saturday, 29th June, 2024 at 11.00 a .m. at Walchand Hirachand Hall, 4th Floor, Indian Merchant Chambers, Veer Nariman Road , Churchgate, Mumbai at 11:00 A .M. Fixed the date of closure of Register of Members and Share Transfer Books of the Company from Saturday, 22nd June, 2024 to Friday, 28th June, 2024 (both days inclusive) for the purpose of holding the 40th AGM and payment of Dividend to Equity shareholders. Members holding shares as on the closing hours of Friday, 2 1st June, 2024 shall be entitled for Dividend. The Board took note of the proposed enhancemen t of production Capacity of ABS from 75000 TPA to 200000 TPA (earlier 145000 TPA) at Company's existing plants at Abu Road (Rajasthan) and Satnoor (Madhya Pradesh ) and appointment of Toyo Engineering India Private Limited ('TOYO') as Engineering Con sultant for Front End Engineering Design (FEED) and Capex Estimation. Post appointment of TOYO, entire project fundamentals (viz. technical feasibility, space constraints, cost effective equipment sizing, actual site conditions, sectional capa city balancing etc.) were reviewed / re-visited in totality. After detailed analysis it was concluded that overall ABS capacity of 200000 TPA can be achieved at the existing plants and will be a better option as compared to the earlier proposal of 145000 TPA, especially in light of the development that Environment clearance for 200000 TPA is now received. Convening of 40th Annual General Meeting. Attached are the voting results of the businesses transacted at 40th AGM along with Scrutinizers Report. (As per BSE Announcement Dated on 01/07/2024)

Bhansali Engineering Polymers Ltd Peer Comparison

Company	Price	Market Cap (in ₹ Cr)
Bhansali Engineering Polymers Ltd	₹102.10	₹2,540.84
Supreme Petrochem Ltd	₹562.85	₹10,583.91
Styrenix Performance Materials Ltd	₹2,440.95	₹4,293.63
Savita Oil Technologies Ltd	₹388.90	₹2,687.32
DCW Ltd	₹71.19	₹2,101.21
Panama Petrochem Ltd	₹310.10	₹1,875.91

Bhansali Engineering Polymers Ltd News

Board of Bhansali Engineering Polymers recommends Third Interim dividend

Of Rs 1 per share

16 Jan 2025, 04:08 pm

Bhansali Engg gains after Q3 PAT rises 1% YoY to Rs 41 cr

Bhansali Engineering Polymers jumped 3.34% to Rs 126.80 after the company's consolidated net profit increased 1.52% to Rs 40.83 crore in Q3 FY25 as compared with Rs 40.22 crore in Q3 FY24.

16 Jan 2025, 03:06 pm

Bhansali Engineering Polymers to table results

On 16 January 2025

09 Jan 2025, 09:46 am

Board of Bhansali Engineering Polymers recommends interim dividend

Of Rs 1 per share

22 Oct 2024, 09:36 am

Bhansali Engineering Polymers to table results

On 21 October 2024

10 Oct 2024, 11:15 am

Bhansali Engineering Polymers Ltd Stock Analysis

Annual revenue for Bhansali Engineering Polymers Ltd decreased by 9.28% to ₹1,262.38 crore in FY 2024 from ₹1,391.47 crore in FY 2023.
Annual Net Profit for Bhansali Engineering Polymers Ltd increased by 32.23% to ₹179.73 crore in FY 2024 from ₹135.93 crore in FY 2023.
Promoter Shareholding in Bhansali Engineering Polymers Ltd remains unchanged by 0.00% in the most recent quarter, from 57.47% in September 2024 to 57.47% in December 2024.
Bhansali Engineering Polymers Ltd delivered a 1-year return of 2.18% compared to the Nifty 50, which provided a return of 3.72% as of the last trading session.
Bhansali Engineering Polymers Ltd share price moved down by 2.72% from its previous close of INR ₹105.09. The latest Bhansali Engineering Polymers Ltd share price is INR ₹102.23.
Bhansali Engineering Polymers Ltd share price today has been at a low of 101.12 and a high of 107.92. Over the past 52 weeks, the Bhansali Engineering Polymers Ltd share price has seen a low of 81.60 and a high of 177.

About Bhansali Engineering Polymers Ltd

Bhansali Engineering Polymers Limited (BEPL) is engaged in the business of manufacturing and selling a variety of engineering thermoplastics. The company's core focus is producing Acrylonitrile Butadiene Styrene (ABS) resins. These resins are essential in the automotive and household appliances industries.

BEPL operates in the chemicals and plastics sector. Specifically, it falls under the sub-sector of engineering polymers and resins. The company manufactures speciality polymers used in various high-performance applications. Bhansali Engineering Polymers has been in business since 1984. This gives the company decades of experience and expertise in manufacturing engineering polymers. The company's headquarters are in Mumbai, Maharashtra, India.

The promoters of BEPL include Babulal M Bhansali, who holds a 9.88% stake. He is also the founder and the Chairman & Managing Director, playing a key role in the company's establishment and growth. The Bhansali family continues to have a significant influence on the company's operations. They also play a key role in shaping its strategic direction. The management team comprises experienced professionals guiding the company's strategic initiatives and operations. They are-

Jayesh B Bhansali
Dilip Krushnarao Shendre
Rohinton Bomanshaw Anklesaria
Firdaus Nariman Pavri

The main products of Bhansali Engineering Polymers include various grades of ABS resins, which are utilized in automotive parts, consumer electronics, household appliances, and other high-performance engineering applications. BEPL also manufactures Styrene Acrylonitrile (SAN) resins.

BEPL is one of the leading manufacturers of ABS resins in India. However, whether it holds the largest market share or cap in the industry can fluctuate based on market conditions and competition.

The registered office of the company is in Andheri, Mumbai. Meanwhile, the office of the registrar is in Vikhroli, Mumbai. Bhansali Engineering Polymers Limited is a leading company in India's engineering plastics sector. With a focus on ABS and SAN resins and significant promoter shareholding, the company's industry significance is well-established and recognized.

The Impact of Bhansali Engineering Polymers Limited

Bhansali Engineering Polymers Limited has had a significant impact on the Indian engineering plastics sector. This company focuses on producing Acrylonitrile Butadiene Styrene and Styrene Acrylonitrile resins. These materials are crucial for various industries, including automotive and consumer goods. BEPL's contribution to the industry is multifaceted and extends beyond just the production of these materials.

The company's primary product, ABS resin, is known for its durability and versatility. These characteristics make it an essential material for manufacturing automotive parts and electronic devices. Its consistent supply of high-quality ABS resins has enabled numerous industries to improve their products. This, in turn, has driven economic growth and technological advancement in India.

BEPL's impact on the automotive industry is particularly noteworthy. Automotive manufacturers rely on ABS resins for parts like dashboards and trims. These materials provide the necessary strength and durability while being lightweight. This helps in improving fuel efficiency and reducing emissions.

In the electronics sector, BEPL's ABS and SAN resins are used in the production of various components. These include casings for electronic devices and other small parts. The resins' durability and strength ensure that these components can withstand the rigours of daily use. This reliability has made BEPL a trusted supplier for many electronics manufacturers in India.

The company's influence extends to the consumer goods industry as well. ABS resins are used in the production of household appliances and other consumer products. They provide the necessary strength and durability to ensure that these products can withstand everyday wear and tear. BEPL's commitment to quality has helped manufacturers produce durable and reliable consumer goods.

BEPL's role in promoting sustainability in the engineering plastics sector is also significant. The company invests in research and development to create more sustainable and eco-friendly materials. This includes developing new recycling processes and creating resins from recycled materials. BEPL's efforts in this area are helping to reduce the environmental impact of the plastics industry.

The company's strategic management and significant promoter shareholding have also contributed to its success. The Bhansali family's involvement in the company's operations ensures consistent strategic direction and decision-making. This stability has enabled BEPL to maintain its position as a leading player in the industry.

BEPL's registered office is located in Mumbai, Maharashtra, India. The company is managed by a team of experienced professionals who are actively involved in its day-to-day operations and strategic planning. This strong management team has been instrumental in driving the company's growth and success.

While BEPL is a prominent player in the Indian engineering plastics industry, it faces competition from both domestic and international companies. Despite this, the company has managed to maintain its position as one of the leading manufacturers of ABS and SAN resins in India. This success can be attributed to its commitment to quality and customer satisfaction.

Overall, Bhansali Engineering Polymers Limited has had a profound impact on the Indian engineering plastics sector. Its high-quality products and commitment to sustainability have enabled it to maintain a leading position in the industry. The company's influence extends to various sectors and consumer goods. BEPL's efforts in promoting sustainability and innovation are helping to shape the future of the engineering plastics industry.