Announced Fri, 7 Nov · 19:31 IST

Unaudited Standalone and Consolidated Financial Results for the quater and half year ended September 30, 2025

Negative Operating CashflowResults View source PDF

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AI summary

B.D. Industries reported consolidated revenue from operations of Rs 4,782.98 lakhs for H1 FY26, with total income of Rs 4,836.54 lakhs and profit after tax of Rs 446.48 lakhs (basic EPS of Rs 3.94). On a standalone basis, revenue stood at Rs 3,293.06 lakhs with PAT of Rs 318.64 lakhs. The company recently got listed on the BSE SME platform on August 6, 2025, raising Rs 4,536 lakhs through an IPO, which is reflected in the sharp jump in share capital and reserves. Long-term borrowings dropped sharply from Rs 982.90 lakhs to Rs 33.72 lakhs (consolidated) as IPO proceeds were used to repay debt. Cash and bank balances surged to Rs 1,202.51 lakhs from Rs 188.20 lakhs, driven largely by fresh equity infusion.

Likely market impact

First set of post-IPO results shows the company is operationally profitable but used most of its IPO money for debt repayment and working capital, with operating cash flow turning negative due to higher receivables and inventory build-up. Shareholders will see a cleaner balance sheet with much lower debt, though short-term growth in working capital needs will be the key thing to watch.