BCL Industries Limited (BCLIND.NS) Valuation

Valuation

Model-based estimates, not advice. The DCF is the discounted-cash-flow value per share; compare it with the price, not as a target.

DCF fair value

-706.9%

-₹174.68

vs ₹28.78 price

Levered DCF

-₹208.70

After debt service

Piotroski score

4 / 9

Average

Altman Z-score

—

Rating

B-

Overall 3 / 5

Ratios by fiscal year

Margins and yields are shares of revenue, equity or price; multiples are ×.

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
P/E	6.68×	11.48×	16.91×	14.37×	12.68×	5.7×	0.95×	0.53×
P/B	0.84×	1.38×	2.34×	1.98×	0.29×	0.09×	0.11×	0.12×
P/S	0.26×	0.39×	0.72×	0.52×	0.05×	0.02×	0.03×	0.02×
EV / EBITDA	4.7×	7.59×	10.11×	10.81×	2.4×	2.37×	2.97×	2.46×
Gross margin	23.4%	17.8%	10.3%	22.5%	8.0%	14.6%	16.4%	17.4%
Operating margin	6.6%	5.6%	7.4%	5.6%	6.2%	4.9%	5.4%	7.8%
Net margin	4.0%	3.4%	4.2%	3.6%	4.3%	3.0%	2.8%	4.6%
Current ratio	2.01×	1.81×	1.81×	1.43×	1.49×	1.67×	1.44×	1.42×
Debt / equity	0.63×	0.67×	0.73×	0.91×	0.7×	0.64×	0.8×	1.03×
Interest coverage	5.79×	5.12×	4.79×	5.67×	7.51×	4.65×	3.47×	3.83×
Dividend yield	1.0%	0.7%	0.3%	0.3%	6.1%	0.0%	4.1%	0.0%
Payout ratio	6.8%	7.8%	5.5%	4.2%	7.7%	0.0%	3.9%	0.0%

Key metrics by fiscal year

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
Return on equity	12.6%	11.8%	13.9%	13.8%	23.1%	14.8%	11.9%	22.6%
Return on invested capital	9.2%	8.5%	9.9%	8.1%	14.1%	10.4%	8.8%	14.3%
Return on assets	7.0%	6.1%	6.9%	6.1%	11.2%	6.7%	4.3%	7.4%
Free cash flow yield	20.9%	-9.1%	-6.4%	-23.3%	-69.7%	-67.6%	85.5%	154.1%
Earnings yield	15.0%	8.6%	5.9%	7.0%	78.9%	162.8%	105.2%	187.0%
Enterprise value	₹11.8B	₹16.2B	₹20B	₹13.9B	₹3.5B	₹2B	₹1.9B	₹2B
Net debt / EBITDA	1.64×	2.42×	2.4×	3.4×	1.66×	2.07×	2.58×	2.19×
Cash conversion cycle (days)	47	67	86	71	39	80	100	82