NSE: BMWVENTLTD · BSE: 544543
BMW VENTURES LIMITED
Operates a diversified commodities and distribution business from Patna, Bihar, spanning iron and steel trading, John Deere tractor distribution in Bihar, PVC pipe manufacturing, fabrication of pre-engineered buildings and railway girders, and rental services. The fabrication unit grew 118.91% year-on-year in FY26 and had already secured over Rs 63 crore in contracts for FY27 at the time of the FY26 results announcement. In Q1 FY27, revenue from operations rose to Rs 728.63 crore and net profit to Rs 10.58 crore. The company completed its IPO in October 2025, raising Rs 23,166 lakhs, of which Rs 17,374 lakhs was used to repay borrowings. FY26 EBITDA margin was 3.79%. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Iron and steel trading, John Deere tractor distribution, PVC pipe manufacturing, Fabrication unit, Rental services. Diversified, thin-margin metals trading, manufacturing and equipment distribution.
Exhibit 1: Financial summary, FY26–FY26 (all audited; no estimate years)
| ₹ crore · standalone | FY26 |
|---|---|
| Revenue | 2,278 |
| EBITDA (ex other income) | 82 |
| margin % | 3.6 |
| Owners' profit | 37 |
| EPS, as reported (₹) | 4.99 |
| ROE % · ROCE % | 8.5 · 17.8 |
| Debt / equity (x) | 0.58 |
| Cash from operations | 8 |
| Capex | (14) |
Exhibit 2: Quarterly performance, last 5 quarters
| ₹ crore | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|
| Revenue | 485 | 502 | 563 | 729 | 609 |
| Profit before tax | 11 | 10 | 15 | 14 | 14 |
| Net profit | 8 | 7 | 11 | 11 | 11 |
| EPS (₹) | 1.27 | 0.82 | 1.61 | 1.25 | 1.22 |
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. % |
|---|---|---|---|---|---|---|---|---|
| SG MART LIMITED | 10,105 | 81.3 | 6.33 | 47.7 | 7.0 | 8.7 | — | 5.2 |
| LLOYDS ENTERPRISES LTD | 9,336 | 30.4 | 1.72 | 18.0 | 7.7 | 7.5 | 365.3 | 23.2 |
| NUPUR RECYCLERS LIMITED | 1,084 | 63.3 | 7.38 | 40.0 | 11.2 | 12.4 | — | 16.2 |
| BMW VENTURES LIMITED ◆ | 551 | 13.0 | 1.25 | — | 8.5 | 11.1 | — | 3.6 |
| EMERGENT INDUSTRIAL SOLUTIONS | 219 | 171.7 | 7.53 | 64.0 | 4.4 | 5.8 | (3.4) | 1.8 |
| La Tim Metal & Industries Limi | 130 | 16.2 | 1.66 | 8.4 | 10.4 | 11.7 | (0.3) | 4.9 |
| BONLON INDUSTRIES LIMITED | 55 | 18.1 | 0.55 | 11.4 | 2.6 | 3.0 | 32.7 | 2.6 |
| RR METALMAKERS INDIA LIMITED | 42 | — | 6.67 | 43.8 | (4.9) | (5.7) | — | 4.5 |
Exhibit 4: Where the company sits in its group
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 13.0 | 30.4 | 2 of 9 | 88% |
| P/B | 1.3 | 1.7 | 4 of 10 | 67% |
| ROCE | 11.1 | 7.7 | 3 of 10 | 78% |
| ROE | 8.5 | 7.3 | 3 of 10 | 78% |
| Debt / Equity | 0.6 | 0.3 | 8 of 10 | 22% |
| EBITDA margin | 3.6 | 4.7 | 7 of 10 | 33% |
| Revenue growth | 25.6 | 20.0 | 5 of 10 | 56% |
| Profit growth | 31.8 | 61.8 | 7 of 10 | 33% |
| Market cap | 551 | 175 | 4 of 10 | 67% |
Exhibit 5: Filings of the last 90 days, with the measured price reaction
| Date · filing | Category | Importance | Next day % | 5-day % |
|---|---|---|---|---|
| 27 Oct 2026 · Board meeting to approve September results and interim dividend | results | low | — | — |
| 14 Oct 2026 · Clarification on share price movement | regulatory legal | medium | — | — |
| 13 Oct 2026 · BSE seeks clarification from BMW Ventures on price movement | regulatory legal | high | — | — |
| 7 Oct 2026 · Quarterly compliance certificate for share dematerialisation | compliance | minimal | — | — |
| 23 Sept 2026 · BMW Ventures to attend Arihant Capital Bharat Connect Conference on Sep 28 | board shareholder meetings | low | — | — |
| 23 Sept 2026 · Trading window closure for Q2 FY27 results | compliance | minimal | — | — |
| 17 Sept 2026 · BMW Ventures schedules analyst and investor meetings on September 18 | board shareholder meetings | low | — | — |
| 16 Sept 2026 · BMW Ventures bags Rs 72.94 cr order from Tata Projects for Adani power project | business updates | high | — | — |
| 9 Sept 2026 · Media interaction with NDTV Profit by VP Finance | general | low | — | — |
| 25 Aug 2026 · BMW Ventures makes Sabita Devi Kishorepuria Executive Director | management changes | medium | — | — |
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.