Key Financials Snapshot

TTM · Consolidated · ₹ in Cr
Market Cap
₹350 Cr.
Stock P/E
53.8
P/B
2.2
Current Price
₹108.4
Book Value
₹ 49.2
Face Value
10
52W High
₹143
52W Low
₹ 94.6
Dividend Yield
0%

Bedmutha Industries Overview

Business

Bedmutha Industries Ltd. is an Indian company primarily engaged in the manufacturing and processing of various steel and iron products. Operating within the Steel & Iron Products sector, the company's core business model involves converting raw materials (like wire rods) into finished value-added products. It generates revenue by selling these manufactured steel and iron products, likely catering to a diverse clientele across sectors such as infrastructure, construction, automotive, agriculture, and general manufacturing, on a business-to-business (B2B) basis. Specific products could include steel wires, wire mesh, fasteners, or other fabricated metal items.

Revenue Mix

Without specific financial data, the exact revenue mix for Bedmutha Industries Ltd. is not available. However, based on its industry, potential segmentation could involve different product categories such as:

Steel Wires: Covering a range of applications (e.g., galvanized wire, barbed wire, high carbon wire).

Wire Mesh: Used in construction, fencing, and industrial applications.

Other Value-Added Steel Products: This could include industrial fasteners, gabions, or specialized fabricated items.

Revenue is primarily derived from the sale of these manufactured goods to various end-user industries.

Industry

The Indian steel and iron products industry is characterized by a mix of large integrated steel producers and numerous smaller, specialized re-rollers and fabricators. It is highly cyclical, closely tied to economic growth, infrastructure development, and industrial output. Bedmutha Industries Ltd. likely operates as a specialized player within the value-added segment of this industry, focusing on specific product lines like wires or wire mesh rather than primary steel production. Its positioning would depend on factors like product quality, manufacturing efficiency, regional market presence, and customer relationships, competing with both larger diversified players and other specialized manufacturers.

MOAT

In the steel and iron products sector, significant durable competitive advantages are challenging for smaller players. Bedmutha's potential competitive advantages could stem from:

Operational Efficiency: Streamlined manufacturing processes and cost control to offer competitive pricing.

Product Specialization & Quality: Developing expertise in specific wire products or mesh, and maintaining consistent quality that meets industry standards or niche customer requirements.

Established Customer Relationships: Long-standing trust and supply agreements with key industrial clients.

Regional Presence: Strong distribution networks or market dominance in specific geographic areas within India.

Brand recognition in B2B heavy industries tends to be less about consumer brand and more about reliability and adherence to specifications.

Growth Drivers

Key factors that can drive growth for Bedmutha Industries Ltd. over the next 3-5 years include:

Government Infrastructure Push: Increased spending on roads, railways, ports, and urban development in India, driving demand for steel products.

Construction and Real Estate Growth: Expanding housing and commercial construction activities.

Automotive and Manufacturing Sector Expansion: Growth in these end-user industries requiring steel components and wire products.

Urbanization and Industrialization: Overall economic development and increased industrial output in India.

Product Diversification/Expansion: Introduction of new value-added products or expansion into new markets.

Risks

Bedmutha Industries Ltd. faces several risks inherent to its industry:

Commodity Price Volatility: Fluctuations in raw material prices (e.g., wire rods, zinc for galvanization) can impact profitability.

Intense Competition & Pricing Pressure: The fragmented nature of the industry leads to fierce competition, potentially compressing margins.

Economic Downturn: A slowdown in the Indian economy or key end-user sectors (construction, manufacturing) would reduce demand.

Interest Rate Sensitivity: As a manufacturing company, it likely has significant capital expenditure and working capital requirements, making it sensitive to interest rate changes.

Regulatory & Environmental Compliance: Evolving environmental norms and industrial regulations could necessitate additional investments or operational changes.

Management & Ownership

Bedmutha Industries Ltd., like many Indian companies, is likely promoter-led, with significant ownership held by the founding family or group. Management quality would depend on their experience in the steel and manufacturing sector, strategic vision, operational expertise, and corporate governance practices. Promoter holding often ensures long-term commitment but can also influence strategic decisions. Specific details on the current management team and their track record would require further analysis.

Outlook

Bedmutha Industries Ltd. operates in a sector poised to benefit from India's projected economic growth and government-led infrastructure development. The sustained demand from construction, automotive, and manufacturing sectors provides a strong tailwind for steel and iron product manufacturers. However, the company remains exposed to the inherent cyclicality of the steel industry, marked by volatile raw material prices and intense competition that can impact profitability. Its ability to maintain operational efficiencies, manage input costs, and potentially expand its product portfolio or market reach will be crucial for navigating these challenges and capitalizing on the opportunities presented by India's industrialization.

Bedmutha Industries Share Price

Live · BSE / NSE · Inception: 1990
₹ | |
Volume
Price

Key Financials — Profit & Loss

₹ in Cr · Consolidated · annual

Bedmutha Industries Quarterly Results

#(Fig in Cr.) Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026 Jun 2026
Net Sales 229 243 251 274 282 311 364 357 436 541
Other Income 15 12 18 10 6 1 1 1 14 3
Total Income 244 255 269 284 288 311 365 358 450 545
Total Expenditure 222 232 245 268 272 300 349 346 412 524
Operating Profit 23 23 25 16 16 11 15 12 37 21
Interest 9 8 9 9 9 9 10 10 14 9
Depreciation 7 5 5 5 5 6 6 6 8 5
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0
Profit Before Tax 7 10 11 2 2 -3 -1 -4 15 7
Provision for Tax 0 0 0 0 0 0 0 0 0 0
Profit After Tax 7 10 11 2 2 -3 -1 -4 15 7
Adjustments -0 0 0 0 -0 0 0 -0 -1 -0
Profit After Adjustments 7 10 11 2 2 -3 -1 -4 15 7
Adjusted Earnings Per Share 2.1 3.1 3.3 0.7 0.6 -1 -0.3 -1.2 4.5 2.1

Bedmutha Industries Profit & Loss

#(Fig in Cr.) Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026 TTM
Net Sales 501 699 604 491 361 388 660 687 812 1049 1467 1698
Other Income 5 22 34 29 27 311 58 62 56 47 16 19
Total Income 506 720 638 520 388 700 719 749 868 1096 1483 1718
Total Expenditure 486 669 642 492 362 405 644 670 786 1016 1408 1631
Operating Profit 19 51 -4 29 26 294 75 79 83 80 76 85
Interest 41 59 60 65 64 62 32 34 36 36 43 43
Depreciation 20 28 27 33 33 36 33 32 27 20 25 25
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0 0 0
Profit Before Tax -41 -36 -91 -70 -71 197 9 13 21 25 7 17
Provision for Tax -1 0 0 0 0 1 0 0 0 0 0 0
Profit After Tax -40 -36 -91 -70 -71 196 9 13 21 25 7 17
Adjustments -0 -0 4 -0 -0 -0 0 0 0 0 0 -1
Profit After Adjustments -40 -36 -87 -71 -71 196 9 13 21 25 7 17
Adjusted Earnings Per Share -18.9 -14.7 -35.4 -28.7 -29 60.7 2.9 4 6.5 7.7 2 5.1

Bedmutha Industries Balance Sheet

#(Fig in Cr.) Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Shareholder's Funds 92 66 -21 -91 -162 77 87 100 120 145 152
Minority's Interest 7 4 -0 -0 -0 0 0 0 0 0 0
Borrowings 226 252 248 230 217 208 172 156 148 140 142
Other Non-Current Liabilities 35 27 16 17 17 17 23 23 47 91 143
Total Current Liabilities 255 326 369 416 407 164 209 221 250 279 289
Total Liabilities 615 675 611 572 479 466 490 499 566 655 726
Fixed Assets 265 241 273 240 208 189 163 144 156 179 193
Other Non-Current Assets 73 128 73 84 84 52 58 51 43 56 127
Total Current Assets 276 306 265 248 187 225 270 305 367 420 406
Total Assets 615 675 611 572 479 466 490 499 566 655 726

Bedmutha Industries Cash Flow

#(Fig in Cr.) Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Opening Cash & Cash Equivalents 30 19 25 34 13 13 13 10 17 12 13
Cash Flow from Operating Activities -14 29 7 23 77 58 71 72 74 109 158
Cash Flow from Investing Activities -36 -30 -11 -2 -3 -5 -11 -8 -28 -56 -99
Cash Flow from Financing Activities 39 6 14 -42 -74 -53 -62 -57 -51 -52 -51
Net Cash Inflow / Outflow -11 6 9 -21 0 -0 -3 7 -5 1 9
Closing Cash & Cash Equivalent 19 25 34 13 13 13 10 17 12 13 22

Bedmutha Industries Ratios

# Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Earnings Per Share (Rs) -18.93 -14.73 -35.39 -28.74 -29.03 60.75 2.91 4.03 6.49 7.69 2.01
CEPS(Rs) -9.49 -3.11 -26.1 -15.03 -15.48 71.83 13.14 13.92 14.76 13.74 9.78
DPS(Rs) 0 0 0 0 0 0 0 0 0 0 0
Book NAV/Share(Rs) 42.75 27.02 -8.38 -37.11 -66.02 23.91 26.81 30.85 37.34 45.03 47.04
Core EBITDA Margin(%) 2.59 3.9 -6.05 -0.13 -0.29 -4.4 2.47 2.43 3.23 3.2 4.04
EBIT Margin(%) -0.07 3.01 -4.95 -0.97 -1.86 66.59 6.34 6.86 6.96 5.8 3.41
Pre Tax Margin(%) -7.5 -4.76 -14.69 -14.3 -19.69 50.72 1.42 1.89 2.58 2.37 0.44
PAT Margin (%) -7.29 -4.77 -14.69 -14.32 -19.71 50.47 1.42 1.89 2.58 2.37 0.44
Cash Profit Margin (%) -3.66 -1.01 -10.35 -7.51 -10.52 59.67 6.42 6.54 5.87 4.22 2.15
ROA(%) -6.79 -5.59 -14.14 -11.9 -13.54 41.49 1.96 2.63 3.93 4.07 0.94
ROE(%) -38.06 -46.14 -397.56 0 0 0 11.46 13.99 19.04 18.68 4.38
ROCE(%) -0.09 5.12 -6.61 -1.08 -1.76 71.19 11.23 13.21 16.01 16.95 13.84
Receivable days 53.81 53.21 58.05 44.22 47.79 52.81 33.85 34.6 39.21 42.5 36.84
Inventory Days 62.99 48.1 40.2 24.49 36.92 37.92 28.82 36.76 30.63 23.68 20.95
Payable days 112.62 95.82 92.52 73.82 32.85 42.72 49 67.42 71.93 69.67 57.75
PER(x) 0 0 0 0 0 0.33 24.1 15 32.93 21.1 56.09
Price/Book(x) 0.28 1.05 -1.96 -0.47 -0.24 0.85 2.61 1.96 5.72 3.6 2.4
Dividend Yield(%) 0 0 0 0 0 0 0 0 0 0 0
EV/Net Sales(x) 0.68 0.63 0.81 1.1 1.47 0.92 0.74 0.63 1.12 0.69 0.38
EV/Core EBITDA(x) 17.44 8.63 -127.7 18.88 20.07 1.22 6.58 5.46 11.06 9.07 7.29
Net Sales Growth(%) 52.99 39.55 -13.5 -18.71 -26.54 7.64 69.99 4.03 18.23 29.23 39.78
EBIT Growth(%) -103.37 6281.54 -234.65 84.48 -40.98 3965.1 -83.82 12.57 19.99 7.61 -17.84
PAT Growth(%) -368.39 9.44 -152.26 22.6 -1.08 375.66 -95.22 38.74 61 18.51 -73.81
EPS Growth(%) -359.42 22.16 -140.21 18.8 -1 309.27 -95.22 38.74 61 18.51 -73.81
Debt/Equity(x) 3.7 6 -23.46 -5.59 -3.12 3.97 3.19 2.53 1.95 1.5 1.37
Current Ratio(x) 1.08 0.94 0.72 0.59 0.46 1.37 1.29 1.38 1.47 1.51 1.4
Quick Ratio(x) 0.7 0.62 0.63 0.52 0.36 1.13 0.98 1.04 1.22 1.24 1.08
Interest Cover(x) -0.01 0.39 -0.51 -0.07 -0.1 4.2 1.29 1.38 1.59 1.69 1.15
Total Debt/Mcap(x) 13.2 5.72 11.95 11.93 13.03 4.69 1.22 1.29 0.34 0.42 0.57

Growth Rates

Compounded annual
# 1 Year 3 Year 5 Year 10 Year
Sales CAGR +40% +29% +30% +11%
Operating Profit CAGR -5% -1% -24% +15%
PAT CAGR -72% -19% -49% —
Share Price CAGR -17% -6% +18% +14%
ROE Average +4% +14% +14% -38%
ROCE Average +14% +16% +14% +13%

Bedmutha Industries Shareholding Pattern

Latest · Sep 2026
100% held
Promoters 57.09 %
FII 0 %
DII (MF + Insurance) 0 %
Public (retail) 42.91 %
# Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026 Jun 2026 Sep 2026
Promoter 57.0557.0557.0557.0557.0557.0557.0557.0557.0957.09
FII 0.030.05000.0100000
DII 0000000000
Public 42.9342.9142.9542.9542.9542.9542.9542.9542.9142.91
Others 0000000000
Total 100100100100100100100100100100

Bedmutha Industries Peer Comparison

Steel & Iron Products Edit Columns

Bedmutha Industries Quarterly Price

10-year quarterly close · BSE
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News & Updates

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Bedmutha Industries Pros & Cons

Pros

  • Debtor days have improved from 69.67 to 57.75days.

Cons

  • Company has a low return on equity of 14% over the last 3 years.
  • The company has delivered a poor profit growth of -48% over past five years.
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