Press Release on the Financial Results for the quarter & half year ended September 30, 2025

BMW Industries Ltd reported Q2 FY26 total income of ₹14,696 Lakhs, down 3.9% year-on-year from ₹15,290 Lakhs, mainly due to weak volumes in its TMT and Cold Rolling Mill (CRM) segments. Despite the topline dip, EBITDA rose 2.9% YoY to ₹3,898 Lakhs with margins expanding 175 basis points to 26.5%, showing better cost efficiency. Profit after tax, however, fell 15.2% YoY to ₹1,515 Lakhs (margin 10.3%), as higher finance or depreciation costs appear to have weighed on the bottom line. For H1 FY26, total income declined 8.5% to ₹30,050 Lakhs and PAT dropped 24.5% to ₹3,035 Lakhs. Management said the TMT segment was hurt by raw material constraints and pending contract renewals, while CRM faced customer-end shortages, prompting the company to start proprietary GI product sales and prepare for color-coated products in Q1 FY27. The Bokaro Greenfield project Phase I remains on track, and the balance sheet stayed healthy with net debt of ₹17,863 Lakhs and a low net debt-to-equity ratio of 0.24.