BMW Ventures Ltd

BMW Ventures Ltd: FY26 Growth & Fabrication Surge 🚀

- Revenue grew 10% YoY to ₹2,278.2 crores in FY26.

- PAT grew 14% YoY to ₹37.5 crores in FY26.

- Net debt-to-equity improved from 2.0x to 0.6x in FY26.

- Q1 FY27 net profit grew 32% YoY.

- Fabrication business delivered 118% YoY growth, contributing 4-5% of total EBITDA in FY26.

- Core TMT bars product delivered 40% YoY growth.

- Holds 33% share of TMT bars market in Bihar (FY26).

- Targeting 15%+ YoY revenue growth and 20-25%+ YoY net profit growth in upcoming quarters.

- Fabrication business expected to contribute 5% of revenue and 10% of total EBITDA by H1 FY28.

- Fabrication segment has 12,000 MT installed capacity with indicative EBITDA margin profile of 9-11%.

- Operational network includes 4 stockyards with total storage capacity of 88,000 MT.

- Exploring real estate opportunities to monetise land parcels in Dagarua, Purnea (16 acres) and Hooghly, Calcutta (14 acres).

- Market value of land bank estimated at ₹80-90 crores.

- Client concentration (Top 5) reduced to 6.7% in FY26 from 8.9% in FY25.

- Inventory days improved to 53 days in FY26 from 61 days previously.

- Debtor days increased to 34 days in FY26 from 27 days in FY25.

- Cash conversion cycle remained stable at 86 days in FY26.

- Return on Equity (ROE) stood at 11.5% in FY26, down from 16.5% in FY25.

- Return on Capital Employed (ROCE) stood at 21.8% in FY26, down from 31.9% in FY25.