Beardsell

₹45 1.7 | 4%

WEBSITE BSE:539447 NSE : BEARDSELL 18 May, 12:50

Market Cap ₹177 Cr.

Stock P/E 16.6

P/B 2.5

Current Price ₹45

Book Value ₹ 17.9

Face Value 2

52W High ₹58.9

Dividend Yield 0.22%

52W Low ₹ 21.9

Edit Ratio

Beardsell Research see more...

Overview Inc. Year: 1936Industry: Chemicals

Beardsell Limited is a company that produces and sells prefabricated structures, cold storages, packaging, insulation, and clean rooms in India. It was incorporated in 1936 and is based in Chennai, Tamil Nadu. Portfolio includes a range of products such as tiles, solar shield insulation materials, expanded polystyrene products, and GMP/cGMP clean room panels. Their vision is to be a leader in the industrial products industry by providing innovative, quality products and services that exceed customer expectations.Caters to various customer segments, such as consumer durables, pharma, government departments, electronics, food processing, and defence. The company’s promoters and directors are Anumolu Jayashree, Gunnam Subba Rao, and Gowrishanker Ramasamy, who collectively hold 56.10% of the shareholding of the company as of December 2023.

Beardsell Share Price

New

Volume

Price

Price: NSE50 DMA200 DMAVolume

Quarterly Price

Quarterly Monthly

Show Value Show %

Peer Comparison

Beardsell Quarterly Results

#(Fig in Cr.)	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023
Net Sales	47	48	57	55	60	57	60	57	60	60
Other Income	1	1	1	0	1	3	0	0	1	1
Total Income	48	48	58	55	61	60	60	57	61	61
Total Expenditure	44	45	53	51	56	54	54	52	54	55
Operating Profit	3	3	5	5	5	6	6	6	7	6
Interest	1	1	1	1	1	1	1	1	1	1
Depreciation	1	1	2	2	2	1	1	1	1	2
Exceptional Income / Expenses	0	0	0	0	0	0	0	0	0	0
Profit Before Tax	1	1	2	2	2	4	4	3	4	2
Provision for Tax	0	0	1	1	1	1	0	1	1	1
Profit After Tax	1	1	2	1	1	3	3	2	3	2
Adjustments	0	0	0	0	0	0	0	0	0	0
Profit After Adjustments	1	1	2	1	1	3	3	2	3	2
Adjusted Earnings Per Share	0.2	0.2	0.5	0.4	0.3	0.7	0.9	0.6	0.8	0.5

Beardsell Profit & Loss

#(Fig in Cr.)	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	TTM
Net Sales	142	161	190	168	193	161	132	186	232	237
Other Income	1	2	2	1	1	1	1	2	4	2
Total Income	143	163	193	169	194	162	133	189	236	239
Total Expenditure	134	149	172	162	184	148	121	173	214	215
Operating Profit	9	15	21	7	10	13	12	15	22	25
Interest	5	6	6	6	6	7	5	5	5	4
Depreciation	4	4	5	4	4	6	6	6	6	5
Exceptional Income / Expenses	0	0	0	2	0	1	0	0	0	0
Profit Before Tax	-0	5	10	0	-1	1	0	4	11	13
Provision for Tax	0	2	4	-0	0	0	1	1	3	3
Profit After Tax	-0	3	6	0	-1	1	-0	3	8	10
Adjustments	-0	0	0	0	0	0	0	0	0	0
Profit After Adjustments	-0	3	6	0	-1	1	-0	3	8	10
Adjusted Earnings Per Share	0	1	1.8	0.1	-0.2	0.3	-0.1	0.8	2.3	2.8

Growth Rates

#	1 Year	3 Year	5 Year	10 Year
Sales CAGR	25%	13%	7%	0%
Operating Profit CAGR	47%	19%	26%	0%
PAT CAGR	167%	100%	0%	0%

#	1 Year	3 Year	5 Year	10 Year
Share Price CAGR	95%	55%	25%	15%
ROE Average	16%	7%	4%	5%
ROCE Average	19%	12%	11%	12%

Beardsell Balance Sheet

#(Fig in Cr.)	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Shareholder's Funds	33	35	41	41	40	40	39	51	59
Minority's Interest	0	0	0	0	0	0	0	0	0
Borrowings	15	19	17	15	6	9	15	8	9
Other Non-Current Liabilities	3	4	3	3	3	3	1	2	2
Total Current Liabilities	51	68	60	66	78	73	67	67	77
Total Liabilities	103	126	122	125	128	125	123	127	147
Fixed Assets	46	53	56	54	55	59	56	51	50
Other Non-Current Assets	7	5	3	5	7	5	6	3	13
Total Current Assets	50	68	63	66	65	61	61	73	84
Total Assets	103	126	122	125	128	125	123	127	147

Beardsell Cash Flow

#(Fig in Cr.)	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Opening Cash & Cash Equivalents	5	3	2	2	2	3	-17	-12	-12
Cash Flow from Operating Activities	1	14	12	-0	13	12	12	9	15
Cash Flow from Investing Activities	-4	-11	-4	-2	-5	-2	-2	-1	-13
Cash Flow from Financing Activities	1	-3	-7	1	-7	-12	-4	-7	-1
Net Cash Inflow / Outflow	-2	-0	0	-0	2	-2	5	0	1
Closing Cash & Cash Equivalent	3	3	2	2	3	1	-12	-12	-11

Beardsell Ratios

#	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Earnings Per Share (Rs)	-0.03	1.04	1.84	0.13	-0.25	0.27	-0.13	0.75	2.27
CEPS(Rs)	1.14	2.29	3.51	1.47	1.2	2.35	2.02	2.45	3.93
DPS(Rs)	0.2	0.24	0.3	0.24	0.24	0.1	0.1	0.1	0.1
Book NAV/Share(Rs)	10.96	11.78	13.78	13.69	13.41	13.4	13.13	13.52	15.69
Core EBITDA Margin(%)	4.86	7.2	8.91	3.61	4.84	7.73	8.5	6.79	7.84
EBIT Margin(%)	3.32	6.29	7.62	3.37	2.99	4.89	4.29	4.71	6.86
Pre Tax Margin(%)	-0.03	2.91	4.76	0.08	-0.28	0.79	0.25	2.1	4.9
PAT Margin (%)	-0.06	1.83	2.7	0.22	-0.39	0.51	-0.3	1.51	3.66
Cash Profit Margin (%)	2.27	4.02	5.16	2.55	1.88	4.4	4.59	4.93	6.34
ROA(%)	-0.13	2.74	4.45	0.31	-0.59	0.65	-0.32	2.25	6.2
ROE(%)	-0.37	9.17	14.37	0.92	-1.84	2.03	-1.01	6.24	15.52
ROCE(%)	10.91	15.24	20.95	7.36	7.06	9.8	7.31	11.38	18.65
Receivable days	46.1	58.92	58.42	78.43	72.38	81.69	89.73	65.88	58.25
Inventory Days	19	25.97	21.41	26.57	25.68	33.05	44.77	36.5	34.24
Payable days	60.88	80.33	85.55	105.54	90.76	126.35	167.03	93.73	81.93
PER(x)	0	19.61	36.46	347.12	0	21.26	0	21.09	8.6
Price/Book(x)	0.7	1.74	4.86	3.21	1.02	0.43	0.66	1.17	1.24
Dividend Yield(%)	2.04	0.91	0.35	0.51	1.63	1.61	1.08	0.63	0.51
EV/Net Sales(x)	0.38	0.58	1.22	1	0.4	0.34	0.45	0.44	0.43
EV/Core EBITDA(x)	6.29	6.41	11.23	22.61	7.69	4.07	4.95	5.37	4.46
Net Sales Growth(%)	163.41	13.42	18.28	-11.77	15.03	-16.75	-17.72	40.74	24.65
EBIT Growth(%)	2.34	114.93	44.56	-62.54	-1.22	36.11	-27.78	54.58	81.67
PAT Growth(%)	-103.08	3292.67	76.18	-93.11	-297.37	209.09	-149.22	797.25	202.05
EPS Growth(%)	-102.52	3289.52	76.17	-93.11	-297.42	209.08	-149.2	660.15	202.04
Debt/Equity(x)	1.1	1.04	0.84	0.99	1.01	0.96	0.93	0.54	0.58
Current Ratio(x)	0.98	1	1.04	1	0.83	0.83	0.91	1.08	1.09
Quick Ratio(x)	0.74	0.82	0.85	0.8	0.65	0.62	0.66	0.78	0.79
Interest Cover(x)	0.99	1.86	2.66	1.02	0.91	1.19	1.06	1.8	3.49
Total Debt/Mcap(x)	1.58	0.6	0.17	0.31	0.99	2.23	1.41	0.46	0.47

Beardsell Shareholding Pattern

#	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024
Promoter	53.04	52.99	53.79	53.79	53.79	53.79	56.1	56.1	56.1	56.1
FII	0	0	0	0	0	0	0	0	0	0
DII	0.47	0.35	0.35	0.35	0.35	0.35	0.34	0.34	0.34	0.34
Public	46.49	46.66	45.86	45.86	45.86	45.86	43.56	43.56	43.56	43.56
Others	0	0	0	0	0	0	0	0	0	0
Total	100	100	100	100	100	100	100	100	100	100

#	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024
Promoter	1.49	1.99	2.02	2.02	2.02	2.02	2.21	2.21	2.21	2.21
FII	0	0	0	0	0	0	0	0	0	0
DII	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01
Public	1.31	1.75	1.72	1.72	1.72	1.72	1.72	1.72	1.72	1.72
Others	0	0	0	0	0	0	0	0	0	0
Total	2.81	3.75	3.75	3.75	3.75	3.75	3.94	3.94	3.94	3.94

Pros

Debtor days have improved from 93.73 to 81.93days.

Cons

Company has a low return on equity of 7% over the last 3 years.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.