BCLIND
Bcl Industries Limited
Bcl Industries Limited (BCLIND) financial statements and selected valuation metrics through 30 June 2026.
Fast Moving Consumer Goods›Fast Moving Consumer Goods›Beverages›Breweries & Distilleries
bcl.ind.in(opens the company website in a new tab)Key metrics
Price as of 2026-10-16
Full years shown; sign in free for the trailing twelve months. Learn about these metrics →
Price & valuation
Share price and valuation multiples (P/E, P/B and more) over time.
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What you need to know
BCL Industries makes grain-based ethanol and extra neutral alcohol (ENA) at distilleries in Punjab and West Bengal, and supplies ethanol to oil marketing companies.
Company snapshot
13thBy market cap
Ranked among 15 companies in Breweries & Distilleries.
Segment mix
Reportable segments as of 2024-12-31 (Consolidated). Revenue share = segment revenue ÷ total revenue.
Largest segment: 39.8% of revenue
| Segment | Revenue share | Revenue | PBT | Assets |
|---|---|---|---|---|
| Distillery | 39.8% | 303 Cr | 25 Cr | 591 Cr |
| Oil & Vanaspati | 33.3% | 253 Cr | 5 Cr | 439 Cr |
| Real Estates | 0.6% | 5 Cr | 0.51 Cr | 46 Cr |
| Subsidary Company at Bhattu Kalan (Haryana) | — | 0 Cr | -0.16 Cr | 10 Cr |
| Subsidary Company at kharagpur (west Bengal) | 31.2% | 238 Cr | 18 Cr | 378 Cr |
Shares add up to 105% because segment revenues are before inter-segment eliminations.
Statement tables · Consolidated
Switches quarterly, P&L, balance sheet, and cash flow. Key metrics and ratios stay on consolidated when available.
Amounts in ₹ Cr · tap + to expand rows
Quarterly results
Quarterly · ₹ Cr · tap + rows to expand
| Metric | Sept 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sept 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sept 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 481 Cr | 644 Cr | 614 Cr | 659 Cr | 746 Cr | 762 Cr | 743 Cr | 820 Cr | 719 Cr | 756 Cr | 608 Cr | 623 Cr |
| Operating expenses (approx.) | 434 Cr | 590 Cr | 563 Cr | 605 Cr | 691 Cr | 715 Cr | 694 Cr | 767 Cr | 652 Cr | 689 Cr | 553 Cr | 562 Cr |
| EBITDA | 47 Cr | 55 Cr | 50 Cr | 54 Cr | 55 Cr | 46 Cr | 49 Cr | 53 Cr | 67 Cr | 67 Cr | 55 Cr | 61 Cr |
| OPM % | 9.7% | 8.5% | 8.2% | 8.2% | 7.4% | 6.1% | 6.6% | 6.5% | 9.3% | 8.8% | 9.0% | 9.8% |
| Other income | 2 Cr | 2 Cr | 2 Cr | 2 Cr | 2 Cr | 2 Cr | 3 Cr | 3 Cr | 1 Cr | 2 Cr | 3 Cr | 5 Cr |
| Interest | 9 Cr | 10 Cr | 7 Cr | 11 Cr | 6 Cr | 8 Cr | 5 Cr | 7 Cr | 10 Cr | 7 Cr | 8 Cr | 5 Cr |
| Depreciation | 9 Cr | 10 Cr | 10 Cr | 11 Cr | 11 Cr | 12 Cr | 12 Cr | 11 Cr | 13 Cr | 13 Cr | 13 Cr | 14 Cr |
| Profit before tax | 30 Cr | 38 Cr | 35 Cr | 33 Cr | 39 Cr | 29 Cr | 35 Cr | 38 Cr | 45 Cr | 48 Cr | 37 Cr | 47 Cr |
| Tax % | 35.2% | 12.6% | 32.0% | 26.8% | 24.0% | 27.5% | 21.1% | 11.3% | 30.0% | 26.0% | 28.9% | 24.1% |
| Net profit | 20 Cr | 33 Cr | 24 Cr | 25 Cr | 30 Cr | 21 Cr | 28 Cr | 33 Cr | 32 Cr | 35 Cr | 26 Cr | 36 Cr |
| EPS (₹) | ₹7.23 | ₹1.20 | ₹0.85 | ₹0.81 | ₹0.94 | ₹0.65 | ₹0.86 | ₹1.04 | ₹0.98 | ₹1.09 | ₹0.79 | ₹1.09 |
Profit & loss (annual)
Annual · last column is TTM · ₹ Cr · tap + to expand
| Metric | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 671 Cr | 851 Cr | 896 Cr | 918 Cr | 1,431 Cr | 1,993 Cr | 1,820 Cr | 2,201 Cr | 2,910 Cr | 2,904 Cr | Sign in free for the trailing twelve months |
| Operating expenses (approx.) | 635 Cr | 804 Cr | 822 Cr | 862 Cr | 1,349 Cr | 1,855 Cr | 1,696 Cr | 2,009 Cr | 2,705 Cr | 2,662 Cr | Sign in free for the trailing twelve months |
| EBITDA | 37 Cr | 47 Cr | 74 Cr | 56 Cr | 82 Cr | 138 Cr | 124 Cr | 191 Cr | 205 Cr | 242 Cr | Sign in free for the trailing twelve months |
| OPM % | 5.5% | 5.5% | 8.2% | 6.1% | 5.7% | 6.9% | 6.8% | 8.7% | 7.0% | 8.3% | Sign in free for the trailing twelve months |
| Other income | 5 Cr | 7 Cr | 8 Cr | 7 Cr | 5 Cr | 8 Cr | 7 Cr | 8 Cr | 9 Cr | 9 Cr | Sign in free for the trailing twelve months |
| Interest | 21 Cr | 21 Cr | 19 Cr | 15 Cr | 16 Cr | 18 Cr | 20 Cr | 33 Cr | 31 Cr | 33 Cr | Sign in free for the trailing twelve months |
| Depreciation | 9 Cr | 11 Cr | 11 Cr | 14 Cr | 13 Cr | 15 Cr | 25 Cr | 36 Cr | 46 Cr | 51 Cr | Sign in free for the trailing twelve months |
| Profit before tax | 11 Cr | 22 Cr | 52 Cr | 35 Cr | 58 Cr | 113 Cr | 85 Cr | 130 Cr | 137 Cr | 167 Cr | Sign in free for the trailing twelve months |
| Tax % | 13.6% | 18.0% | 20.3% | 25.9% | 27.2% | 25.2% | 24.7% | 26.0% | 24.7% | 24.4% | Sign in free for the trailing twelve months |
| Net profit | 10 Cr | 18 Cr | 41 Cr | 26 Cr | 42 Cr | 85 Cr | 64 Cr | 96 Cr | 103 Cr | 126 Cr | Sign in free for the trailing twelve months |
| EPS (₹) | ₹6.90 | ₹12.26 | ₹24.64 | ₹13.50 | ₹18.75 | ₹35.10 | ₹27.45 | ₹3.54 | ₹3.26 | ₹3.90 | Sign in free for the trailing twelve months |
| Dividend payout % | — | — | — | — | 0.0% | 7.7% | 4.3% | 5.2% | 7.2% | 6.2% | Sign in free for the trailing twelve months |
The latest four quarters added up, next to each full year
Balance sheet
Annual · ₹ Cr · tap + rows to expand
| Metric | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Equity capital | 14 Cr | 16 Cr | 17 Cr | 19 Cr | 24 Cr | 24 Cr | 24 Cr | 27 Cr | 30 Cr | 30 Cr |
| Reserves | 84 Cr | 116 Cr | 165 Cr | 198 Cr | 261 Cr | 343 Cr | 456 Cr | 624 Cr | 772 Cr | 880 Cr |
| Borrowings | 217 Cr | 228 Cr | 192 Cr | 177 Cr | 157 Cr | 260 Cr | 438 Cr | 476 Cr | 535 Cr | 568 Cr |
| Other liabilities | 166 Cr | 137 Cr | 185 Cr | 205 Cr | 188 Cr | 119 Cr | 168 Cr | 151 Cr | 188 Cr | 129 Cr |
| Total liabilities | 481 Cr | 496 Cr | 560 Cr | 600 Cr | 632 Cr | 758 Cr | 1,096 Cr | 1,301 Cr | 1,555 Cr | 1,648 Cr |
| Fixed assets (net) | 84 Cr | 136 Cr | 138 Cr | 129 Cr | 129 Cr | 130 Cr | 316 Cr | 618 Cr | 610 Cr | 796 Cr |
| CWIP | 54 Cr | 5 Cr | 10 Cr | 19 Cr | 29 Cr | 166 Cr | 212 Cr | 13 Cr | 110 Cr | 7 Cr |
| Investments | 25 Cr | 33 Cr | 35 Cr | 36 Cr | 26 Cr | 29 Cr | 29 Cr | 31 Cr | 178 Cr | 101 Cr |
| Loans & advances | — | — | 0 Cr | 0.52 Cr | 0 Cr | 0 Cr | 0 Cr | 0 Cr | 0 Cr | 0 Cr |
| Inventories | 241 Cr | 262 Cr | 266 Cr | 333 Cr | 251 Cr | 196 Cr | 321 Cr | 385 Cr | 445 Cr | 274 Cr |
| Trade receivables | 47 Cr | 42 Cr | 62 Cr | 30 Cr | 135 Cr | 102 Cr | 93 Cr | 122 Cr | 132 Cr | 80 Cr |
| Cash & bank | 19 Cr | 5 Cr | 14 Cr | 14 Cr | 6 Cr | 18 Cr | 2 Cr | 2 Cr | 20 Cr | 138 Cr |
| Other assets | 11 Cr | 13 Cr | 36 Cr | 39 Cr | 57 Cr | 118 Cr | 122 Cr | 130 Cr | 61 Cr | 252 Cr |
| Total assets | 481 Cr | 496 Cr | 560 Cr | 600 Cr | 632 Cr | 758 Cr | 1,096 Cr | 1,301 Cr | 1,555 Cr | 1,648 Cr |
Cash flows
Annual · ₹ Cr · tap + rows to expand · last column includes FCF
| Metric | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operating activity | — | 10 Cr | 53 Cr | 34 Cr | 5 Cr | 95 Cr | 35 Cr | 39 Cr | 63 Cr | 325 Cr |
| Cash from investing | — | -40 Cr | -19 Cr | -13 Cr | -13 Cr | -145 Cr | -256 Cr | -131 Cr | -129 Cr | -198 Cr |
| Cash from financing | — | 16 Cr | -25 Cr | -21 Cr | 6 Cr | 62 Cr | 206 Cr | 92 Cr | 83 Cr | -8 Cr |
| Net cash flow | — | -14 Cr | 8 Cr | 0.09 Cr | -2 Cr | 12 Cr | -16 Cr | 0.39 Cr | 17 Cr | 119 Cr |
| Free cash flow (OCF − Capex) | — | 0.19 Cr | 34 Cr | 21 Cr | -18 Cr | -72 Cr | -222 Cr | -98 Cr | -71 Cr | 193 Cr |
Ratios
| Metric | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| ROCE % | 10.4% | 12.0% | 18.8% | 12.6% | 16.6% | 20.5% | 11.4% | 14.2% | 12.3% | 13.2% |
| ROE % | 10.0% | 13.6% | 22.6% | 11.9% | 14.6% | 22.4% | 13.1% | 13.4% | 11.4% | 12.1% |
| Debtor days | 26 | 18 | 25 | 12 | 34 | 19 | 19 | 20 | 16 | 10 |
| Inventory days | 161 | 137 | 136 | 158 | 81 | 43 | 78 | 86 | 74 | 51 |
| Days payable | 89 | 53 | 78 | 72 | 32 | 17 | 30 | 21 | 22 | 10 |
| Cash conversion cycle | 98 | 102 | 83 | 98 | 83 | 44 | 67 | 85 | 69 | 52 |
| OCF / EBITDA % | — | 22.1% | 71.5% | 61.3% | 5.8% | 69.1% | 28.0% | 20.5% | 30.9% | 134.2% |
| OCF / EBITDA % (3 years) | — | — | — | 55.1% | 43.4% | 48.7% | 39.2% | 37.3% | 26.4% | 66.9% |
| Debt / equity | 2.22 | 1.73 | 1.05 | 0.82 | 0.55 | 0.71 | 0.91 | 0.73 | 0.67 | 0.62 |
| Current ratio | 1.32 | 1.38 | 1.42 | 1.44 | 1.65 | 1.49 | 1.43 | 1.81 | 1.81 | 2.01 |
| Net debt / EBITDA | 5.42 | 4.75 | 2.42 | 2.92 | 1.85 | 1.76 | 3.53 | 2.48 | 2.52 | 1.78 |