Is BSL a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that BSL Ltd is a below average quality company .

Is BSL undervalued or overvalued?

The key valuation ratios of BSL Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone .

What is BSL share price return in the past 10 years?

BSL Ltd share price has appreciated 20.6% annually (CAGR) over the past ten years.

Is BSL a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of BSL Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.

BSL Ltd - Stock Valuation and Financial Performance

Name: BSL
Brand: BSL

BSE: 514045 | NSE: BSL | Textile - Weaving | Small Cap

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BSL Share Price

₹222.60 -0.15 -0.07%
as on 21-Nov'24 16:59

10 Year X-Ray of BSL:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Standalone Basis ^P Consolidated Basis

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Value Creation ⓘ

Value Creation Index Colour Code Guide ⓘ

	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
ROCE % ⓘ	9.5%	11.7%	10.1%	6.2%	7.5%	7.2%	7.6%	11.6%	11.4%	9.5%	-
Value Creation Index ⓘ	-0.3	-0.2	-0.3	-0.6	-0.5	-0.5	-0.5	-0.2	-0.2	-0.3	-
Growth Parameters ⓘ Growth Parameters Colour Code Guide ⓘ
Sales ⓘ	380	378	440	403	437	390	321	436	472	666	670
Sales YoY Gr.	-	-0.4%	16.3%	-8.5%	8.6%	-10.8%	-17.6%	35.6%	8.2%	41.3%	-
Adj EPS ⓘ	6.8	6.4	4.1	-0.2	-1	1.4	1	10.6	17.5	10.7	11
YoY Gr.	-	-5.9%	-35.7%	-104.9%	NA	NA	-25.2%	949.5%	65.1%	-38.9%	-
BVPS (₹) ⓘ	65.3	71.2	76.8	75.5	74.6	72.9	76.1	86.8	101.1	109.5	111.7
Adj Net Profit ⓘ	7	6.6	4.2	-0.2	-1	1.4	1	10.9	18	11	11
Cash Flow from Ops. ⓘ	24.5	44	11	37.4	20.2	28.6	16.6	2.6	18.8	-39.5	-
Debt/CF from Ops. ⓘ	5.9	3.2	16.1	4.7	8.5	5.6	9.8	72.2	18.4	-11.1	-

CAGR ⓘ

CAGR Colour Code Guide ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	6.4%	8.8%	27.5%	41.3%
Adj EPS ⓘ	5.2%	NA	119.6%	-38.9%
BVPSⓘ	5.9%	8%	12.9%	8.3%
Share Price	20.6%	50%	31.9%	25.3%

Key Financial Parameters ⓘ

Performance Ratio Colour Code Guide ⓘ

	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
Return on Equity % ⓘ	10.4	9.3	5.5	-0.3	-1.3	1.8	1.4	13	18.6	10.2	9.9
Op. Profit Mgn % ⓘ	10.1	9.6	8.1	7.4	7	7.5	9	9.2	11.3	9.8	9.8
Net Profit Mgn % ⓘ	1.8	1.7	1	-0.1	-0.2	0.4	0.3	2.5	3.8	1.7	1.7
Debt to Equity ⓘ	2.2	1.9	2.2	2.3	2.2	2.2	2.1	2.1	3.3	3.9	1.2
Working Cap Days ⓘ	117	114	120	153	141	159	194	158	171	157	102
Cash Conv. Cycle ⓘ	77	85	84	93	84	92	123	103	109	121	11

Recent Performance Summary

Sales growth is growing at healthy rate in last 3 years 27.52%

Net Profit is growing at healthy rate in last 3 years 119.63%

Sales growth is good in last 4 quarters at 22.94%

Return on Equity has declined versus last 3 years average to 9.90%

Debt to equity has increased versus last 3 years average to 3.88

Latest Financials - BSL Ltd.

	Standalone	Consolidated
TTM EPS (₹)	11	-
TTM Sales (₹ Cr.)	670	-
BVPS (₹.) ⓘ	111.7	-
Reserves (₹ Cr.) ⓘ	105	-
P/BV ⓘ	1.99	-
PE ⓘ	20.35	-

From the Market
52 Week Low / High (₹)	158.90 / 278.15
All Time Low / High (₹)	9.35 / 278.15
Market Cap (₹ Cr.)	229
Equity (₹ Cr.)	10.3
Face Value (₹)	10
Industry PE ⓘ	19.9

Management X-Ray of BSL:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.00

* Pledged shares as % of Promoter's holding (%)

Valuation of BSL

Price Calculator

Price Chart

Price to Earnings

Enterprise Value to EBIT

Price to Book-Value

Price to Sales

Dividend History

Analyst's Notes

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Key Ratios of BSL

Standalone Basis Consolidated Basis

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Sales	380	378	440	403	437	390	321	436	472	666
Operating Expenses ⓘ	342	342	404	373	407	361	293	396	418	601
Manufacturing Costs	50	48	65	63	70	63	49	68	73	82
Material Costs	204	198	237	205	228	191	156	212	222	372
Employee Cost	47	55	59	63	63	66	56	69	76	91
Other Costs ⓘ	41	41	44	41	45	40	32	48	47	56
Operating Profit ⓘ	38	36	36	30	31	29	29	40	53	65
Operating Profit Margin (%)	10.1%	9.6%	8.1%	7.4%	7.0%	7.5%	9.0%	9.2%	11.3%	9.8%
Other Income ⓘ	2	3	4	3	4	2	1	2	1	1
Interest ⓘ	14	14	15	14	18	18	17	14	19	33
Depreciation ⓘ	20	14	16	17	16	13	12	12	11	18
Exceptional Items ⓘ	0	0	0	0	0	0	0	0	-2	0
Profit Before Tax ⓘ	6	11	9	2	1	-1	1	16	23	15
Tax ⓘ	-2	4	3	1	0	-3	0	5	6	4
Profit After Tax	7	7	6	1	1	2	1	11	17	11
PAT Margin (%)	1.9%	1.9%	1.3%	0.3%	0.2%	0.4%	0.4%	2.6%	3.6%	1.7%
Adjusted EPS (₹)	7.0	6.9	5.8	1.0	0.9	1.6	1.3	11.2	16.4	10.9
Dividend Payout Ratio (%)	17%	17%	21%	100%	0%	0%	0%	11%	9%	9%

Balance Sheet

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Equity and Liabilities
Shareholders Fund	67	73	79	78	77	75	78	89	104	113
Share Capital ⓘ	10	10	10	10	10	10	10	10	10	10
Reserves ⓘ	57	63	69	67	66	65	68	79	94	102
Minority Interest	0	0	0	0	0	0	0	0	0	0
Debt	125	118	159	160	157	155	150	173	333	416
Long Term Debt	42	43	44	43	29	23	32	45	159	151
Short Term Debt	83	75	115	117	128	132	118	128	174	265
Trade Payables	16	13	39	50	48	53	21	48	46	25
Others Liabilities ⓘ	46	50	54	50	47	38	41	49	59	64
Total Liabilities ⓘ	254	255	330	337	328	322	290	359	542	618
Fixed Assets
Gross Block	310	333	127	149	151	152	153	161	319	339
Accumulated Depreciation	216	227	16	34	50	63	75	87	90	108
Net Fixed Assetsⓘ	94	106	111	115	100	89	78	74	229	231
CWIP ⓘ	3	2	4	1	1	0	0	7	0	0
Investmentsⓘ	0	0	0	0	0	0	0	0	0	0
Inventories	76	70	102	116	118	139	116	141	185	210
Trade Receivables	59	59	87	86	84	69	70	89	98	144
Cash Equivalents	0	0	1	1	0	1	0	1	1	0
Others Assetsⓘ	21	17	26	19	23	23	26	46	30	32
Total Assets ⓘ	254	255	330	337	328	322	290	359	542	618

Cash Flow

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Cash Flow From Operating Activity ⓘ	24	44	11	37	20	29	17	3	19	-39
PBT ⓘ	6	11	9	2	1	-1	1	16	23	15
Adjustment ⓘ	31	26	28	27	29	29	27	22	28	47
Changes in Working Capital ⓘ	-11	9	-24	10	-9	2	-13	-31	-28	-100
Tax Paid ⓘ	-1	-2	-2	-1	-1	-2	1	-4	-4	-1
Cash Flow From Investing Activity ⓘ	-14	-26	-24	-17	0	-2	-1	-15	-160	-20
Capex	-14	-26	-24	-17	0	-2	-1	-15	-160	-20
Net Investments	0	0	0	0	0	0	0	0	0	0
Others ⓘ	0	0	0	0	0	0	0	0	0	0
Cash Flow From Financing Activityⓘ	-11	-18	13	-21	-20	-27	-15	13	141	60
Net Proceeds from Shares ⓘ	0	0	0	0	0	0	0	0	0	0
Net Proceeds from Borrowing ⓘ	-9	3	-2	-4	-14	-15	15	15	114	1
Interest Paid ⓘ	-12	-11	-13	-12	-16	-17	-15	-12	-17	-30
Dividend Paid ⓘ	-1	-1	-1	-1	-1	0	0	0	-1	-2
Others ⓘ	11	-8	30	-3	11	4	-15	10	46	91
Net Cash Flow ⓘ	0	0	0	0	0	0	0	0	0	0

Finance Ratio

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Ratios
ROE (%)	10.73	10.14	7.78	1.31	1.13	2.19	1.77	13.7	17.49	10.36
ROCE (%)	9.52	11.74	10.1	6.18	7.45	7.23	7.56	11.62	11.41	9.54
Asset Turnover Ratio	1.88	1.89	1.87	1.56	1.74	1.62	1.36	1.74	1.4	1.4
PAT to CFO Conversion(x)	3.43	6.29	1.83	37	20	14.5	17	0.27	1.12	-3.55
Working Capital Days
Receivable Days	41	45	49	61	54	53	61	51	54	54
Inventory Days	58	55	57	76	74	90	112	83	95	89
Payable Days	36	26	40	79	78	96	87	59	77	35

BSL Ltd Stock News

BSL Ltd FAQs

What is the share price of BSL?

Company share prices are keep on changing according to the market conditions. The closing price of BSL on 21-Nov-2024 16:59 is ₹222.6.

What is the market cap of BSL?

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 21-Nov-2024 16:59 the market cap of BSL stood at ₹229.3.

What is the P/E ratio of BSL?

The latest P/E ratio of BSL as of 21-Nov-2024 16:59 is 20.35.

What is the P/B ratio of BSL?

The latest P/B ratio of BSL as of 21-Nov-2024 16:59 is 1.99.

What is the 52-week high and low of BSL?

The 52-week high of BSL is ₹278.1 and the 52-week low is ₹158.9.

What is the TTM revenue of BSL?

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of BSL is ₹669.8 ( Cr.) .

About BSL Ltd

BSL is the second member of the LNJ Bhilwara Group, BSL Ltd, was born in the desert state of Rajasthan in the year 1971 in the town of Bhilwara.

Today, as a multi-million dollar company, and having put the Group firmly on the international map of premium suitings, it is one of the prominent members of the $363 million LNJ Bhilwara Group.

The product profile of the company covers materials ranging from wool, wool-blended and premium lightweight fabrics, to wool modal, Trevira wool and other specialised fabrics blended with lycra, silk, linen, tencel, etc.

With over quarter of a century of experience in textile manufacturing, BSL currently produces over 12 million meters of fabric every year.

BSL continues to be on the cutting edge of manufacturing technology and systems. In quest for excellence, great attention is paid to details at every stage of production--from raw material to finished product

Product range of the company includes:

Yarns to fashion fabrics - BSL is one of the leading manufacturers of fashion fabrics and yarns in India. It produces a wide range of polyester viscose fabrics and premium range of worsted suitings, including Cashmere, Mohair, Angora and Camelhair blends. The company uses the finest Australian Merino wool for making woollen fabrics & the Low Pill Trevira polyester for making wool blends, which are imported from Hoechst, Germany. For making special fibre fabrics, it uses silk imported from China. The dyes and chemicals used for manufacturing fabric are procured leading companies like Clariant, BASF, Ciba, Bayer and Henkel. And, keeping up with the rapidly changing consumer behaviour towards the readymade garments segment, BSL has made forays in this segment with ready-made trousers under La Italia brand name. It has also recently launched a range of premium readymade shirts and accessories under La Italia brand

BSL Yarns - These are made from the finest Australian Merino wool that is spun to perfection on latest manufacturing systems. Meeting the most stringent international quality standards, yarns comprise a sizeable chunk of the company's export turnover. This is possible because of the company's stringent quality policy and attention to detail at every stage of production.

Polyester Wool Blended Suitings- BSL's polyester wool blended suitings offer a perfect blend of 100% Australian New Merino Wool ranging from 22.5 to 17 microns and Treveira/ Tergal polyester. This combination of natural and man-made fibers in 2/24 Nm to 2/100 Nm offers the best of both the worlds. The pure Merino Wool lends it the richness and sophistication, while the polyester endows it with an exciting fall and feel. This makes the fabric ideal for light winter, formal and party-wear for both men and women. BSL also offers specialised fabrics of wool blended with Lycra, Linen, Silk, Tencel, Modal etc.

Polyester Viscose & Polyester Cotton Blended Suitings - These exciting modern fabrics are created through blends of the finest quality polyester, viscose and Polyester cotton.Thanks to the most advanced weaving and processing technology , BSL presents a fabric with yarns of 2/15 Ne to 2/60 Ne that are impeccable and finest in finish.

Purewool Suitings - Immaculate Purewool Suitings are created from the purest of raw materials -- Australian New Marino Wool in 22.5 mocrons to 17 microns with yarns of 2/24 Nm to 2/80 Nm. Soft to touch and superior in drape, this is a result of a flawless blending of the finest wool with latest technology. BSL Purewool suitings are both fashionable and elegant. With an amazing natural softness, the fabric is ideal for fashioning men's as well as ladies wear.

Readymade Garments - BSL is setting trends with its La Italia premium range in the world of fashion. Available in a variety of fabrics like cotton, polycotton, polywool and polyester viscose, the premium range of trousers has been a run away success in the readymade garment segment. The La Italia range of trousers is available in straight, relaxed and wrinkle-free fits. The recently launched readymade shirts and accessories range under the same name have been well accepted by the discerning public.

Awards /Achievements

The company has received ISO 9002 quality certification besides the National Certificate of Merit for outstanding export performance.