Q2 FY27 presentation shows lower margins and Bokaro expansion progress
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BMW Industries will present Q2 and H1 FY27 results on 6 November 2026. H1 revenue was ₹347.5 crore, operating profit before depreciation, interest and tax was ₹68.5 crore at a 19.7% margin, down from 24.8% in FY26, and profit after tax was ₹40.7 crore. Of the ₹803 crore Bokaro project, ₹516.4 crore was spent by 30 September. Its colour coating line started on 5 October, while net debt reached ₹588.5 crore.
Bokaro adds growth capacity, but lower margins and higher net debt may weigh on the stock in the near term.