BSE: 537766
B.C. POWER CONTROLS LTD
Manufactures and sells colorants and chemicals (dyes, digital ink, textiles auxiliaries, pigments) and inkjet printers, operating in two segments as described in its FY26 results. FY26 revenue from operations was Rs 9,745.20 lakhs with net profit after tax of Rs 7.32 lakhs. The business is small, with total assets of Rs 4,448.82 lakhs and negligible debt (only Rs 67.57 lakhs in current borrowings, no non-current borrowings). The third quarter of FY26 was the strongest, with revenue of Rs 4,572.83 lakhs and net profit of Rs 85.36 lakhs. Trade receivables dropped sharply to Rs 19.83 lakhs at year-end from Rs 857.56 lakhs a year earlier, and cash balances improved to Rs 519.31 lakhs. The company files standalone results only, with no subsidiaries or associates. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Colorants & Chemicals, Inkjet Printers. Small, low-margin specialty chemicals and printing equipment manufacturer
Exhibit 1: Financial summary, FY25–FY25 (all audited; no estimate years)
| ₹ crore · consolidated | FY25 |
|---|---|
| Revenue | 96 |
| EBITDA (ex other income) | 0 |
| margin % | 0.2 |
| Owners' profit | 0 |
| EPS, as reported (₹) | 0.11 |
| ROE % · ROCE % | 1.9 · 3.9 |
| Debt / equity (x) | 0.02 |
| Cash from operations | (8) |
| Capex | 0 |
Exhibit 2: Quarterly performance, last 3 quarters
| ₹ crore | Q3 FY25 | Q4 FY25 | Q1 FY26 |
|---|---|---|---|
| Revenue | 20 | 20 | 17 |
| Profit before tax | 1 | (0) | 0 |
| Net profit | 0 | (0) | 0 |
| EPS (₹) | 0.05 | 0.05 | 0.02 |
Exhibit 3: Peers — basic industry group, by market cap
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| POLYCAB INDIA LIMITED | 1,15,996 | 40.3 | 9.57 | 27.3 | 22.3 | 28.9 | 26.5 | 15.1 |
| KEI INDUSTRIES LTD. | 36,806 | 36.9 | 5.52 | 25.6 | 13.8 | 17.9 | 22.9 | 13.0 |
| R R KABEL LIMITED | 25,055 | 41.2 | 9.73 | 30.7 | 19.1 | 23.9 | — | 10.4 |
| FINOLEX CABLES LTD | 17,543 | 21.9 | 2.88 | 17.6 | 11.7 | 14.1 | 18.0 | 16.7 |
| UNIVERSAL CABLES LTD | 4,616 | 23.0 | 2.44 | 20.0 | 8.6 | 5.0 | 18.7 | 10.0 |
| PARAMOUNT COMM LTD | 1,944 | 32.0 | 2.50 | 17.5 | 7.7 | 10.2 | 29.8 | 7.1 |
| DYNAMIC CABLES LIMITED | 1,633 | 17.9 | 3.57 | — | 18.5 | 24.2 | — | 11.2 |
| QUADRANT FUTURE TEK LTD | 1,624 | — | 6.30 | — | (16.6) | (19.8) | — | (7.1) |
Exhibit 4: Where the company sits in its group
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 13.3 | 21.9 | 2 of 11 | 90% |
| P/B | 0.3 | 3.2 | 1 of 10 | 100% |
| ROCE | 2.5 | 13.5 | 11 of 13 | 17% |
| ROE | 1.9 | 8.6 | 9 of 11 | 20% |
| Debt / Equity | 0.0 | 0.1 | 3 of 11 | 80% |
| EBITDA margin | 1.0 | 10.2 | 9 of 10 | 11% |
| Market cap | 11 | 1788 | 12 of 12 | 0% |
Exhibit 5: Filings of the last 90 days, with the measured price reaction
| Date · filing | Category | Importance | Next day % | 5-day % |
|---|---|---|---|---|
| 3 Oct 2026 · B.C. Power Controls 18th AGM: all 5 resolutions passed | board shareholder meetings | low | — | — |
| 3 Oct 2026 · B.C. Power Controls 18th AGM results: All 5 resolutions passed | board shareholder meetings | low | — | — |
| 30 Sept 2026 · B.C. Power Controls 18th AGM proceedings held on Sept 30, 2026 | board shareholder meetings | medium | — | — |
| 28 Sept 2026 · Trading Window Closes Ahead of Q2 and H1 FY26 Results | compliance | minimal | — | — |
| 8 Sept 2026 · Notice of 18th AGM and dispatch of Annual Report FY 2025-26 | compliance | minimal | — | — |
| 8 Sept 2026 · 18th AGM notice, book closure and e-voting details published | compliance | minimal | — | — |
| 7 Sept 2026 · AGM notice published in newspapers, 18th AGM on September 30 | compliance | minimal | — | — |
| 7 Sept 2026 · B.C. Power Controls submits 18th Annual Report for FY 2025-26 | board shareholder meetings | low | — | — |
| 7 Sept 2026 · 18th AGM on Sept 30, 2026; book closure Sept 25 to Sept 30 | board shareholder meetings | low | — | — |
| 7 Sept 2026 · 18th AGM on Sep 30 2026 - Director re-appointments and Rs 200 Cr RPT | board shareholder meetings | low | — | — |
How to read this document
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) | A state: the latest filed quarter and the measured reactions | an event is a fact; a rating is an opinion that requires SEBI RA registration |
| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
Sources, method and disclosures
This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.