---
title: "Besco Ltd (530447) — Share Price, Financials & Analysis"
symbol: "530447"
company: "Besco Ltd"
canonical: "https://tapetide.com/stocks/530447"
bse_code: "530447"
sector: "Industrials"
industry: "Industrial Products"
generated_at: "2026-09-13T19:17:08.701Z"
---

# Besco Ltd (530447)

Canonical page: https://tapetide.com/stocks/530447

## Company

- **BSE Code:** 530447
- **Sector:** Industrials
- **Industry:** Industrial Products
- **Macro Sector:** Industrials
- **Stock Type:** EQUITY
- **Face Value:** ₹10
- **F&O Eligible:** No

## Latest Price

## Key Insights

### Strengths

- Company is almost debt free.

### Weaknesses

- Company has low interest coverage ratio.
- Company has a low return on equity of 2.42% over last 3 years.
- Earnings include an other income of Rs.3.27 Cr.

## Growth Rates

| Metric | 1Y | 3Y |
| --- | --- | --- |
| net income growth | -327% | — |
| revenue growth | -23% | -19% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 157.59 | 190.1 | 188.85 | 202.13 | 181.74 | 220.09 | 208.53 | 214.73 | 204.81 | 222.83 | 224.17 | 194.89 |
| Expenses | 107.91 | 125.88 | 132.25 | 134.61 | 127.84 | 147.95 | 144.93 | 144.94 | 142.39 | 154.12 | 157.52 | 142.79 |
| Operating Profit | 49.68 | 64.22 | 56.6 | 67.52 | 53.9 | 72.14 | 63.6 | 69.79 | 62.42 | 68.71 | 66.65 | 52.1 |
| OPM % | 31.52 | 33.78 | 29.97 | 33.4 | 29.66 | 32.78 | 30.5 | 32.5 | 30.48 | 30.84 | 29.73 | 26.73 |
| Other Income | 2.61 | 3.71 | 3.92 | 4.18 | 5.55 | 5.8 | 7.11 | 5.84 | 6.64 | 5.22 | 7.29 | 5.06 |
| Interest | 8.43 | 8.21 | 8.92 | 10.5 | 11.5 | 11.04 | 11.46 | 11.63 | 12.22 | 11.98 | 12.15 | 12.43 |
| Depreciation | 24.59 | 24.9 | 25.84 | 28.91 | 30.73 | 29.47 | 31.06 | 31.74 | 31.42 | 32.27 | 32.79 | 34.78 |
| Profit before tax | 19.27 | 34.82 | 25.76 | 32.29 | 17.22 | 37.43 | 28.19 | 32.26 | 25.42 | 29.68 | 29 | 9.95 |
| Tax % | 23.3 | 24.5 | 22.2 | 27.53 | 24.22 | 23.46 | 26.82 | 24.61 | 21.75 | 25.03 | 24.83 | 27.84 |
| Net Profit | 14.78 | 26.28 | 20.04 | 23.4 | 13.05 | 28.65 | 20.63 | 24.32 | 19.89 | 22.26 | 21.8 | 7.17 |
| EPS in Rs | 2.74 | 4.87 | 3.71 | 4.33 | 2.42 | 5.3 | 3.82 | 4.5 | 3.68 | 4.12 | 4.04 | 1.33 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 |
| --- | --- | --- | --- | --- | --- |
| Sales | 221 | 233 | 213 | 162 | 125 |
| Expenses | 210 | 224 | 208 | 163 | 127 |
| Operating Profit | 11 | 9 | 5 | -1 | -2 |
| OPM % | 4.9 | 3.7 | 2.5 | -0.5 | -1.4 |
| Other Income | 3 | 5 | 5 | 5 | 3 |
| Interest | 0 | 0 | 0 | 0 | 1 |
| Depreciation | 2 | 2 | 2 | 2 | 2 |
| Profit before tax | 12 | 11 | 8 | 1 | -2 |
| Tax % | 34 | 32 | 31 | 21 | 0 |
| Net Profit | 8 | 8 | 6 | 1 | -2 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 |
| --- | --- | --- | --- | --- | --- |
| Equity Capital | 4 | 4 | 4 | 4 | 4 |
| Reserves | 48 | 55 | 61 | 62 | 60 |
| Borrowings | 4 | 3 | 0 | 3 | 5 |
| Other Liabilities | 36 | 40 | 32 | 43 | 37 |
| Total Liabilities | 92 | 102 | 97 | 113 | 106 |
| Fixed Assets | 19 | 20 | 25 | 25 | 23 |
| CWIP | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 72 | 82 | 72 | 87 | 82 |
| Total Assets | 92 | 102 | 97 | 113 | 106 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 |
| --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 19 | 7 | 12 | -7 | -5 |
| Cash from Investing Activity | 0 | 1 | -7 | 1 | 2 |
| Cash from Financing Activity | -6 | -2 | -3 | 3 | 1 |
| Net Cash Flow | 13 | 6 | 2 | -3 | -3 |
| Free Cash Flow | 16 | 4 | 0 | -10 | -6 |
| CFO/OP | 207 | 117 | 272 | 789 | 293 |

### Ratios

| Item | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 |
| --- | --- | --- | --- | --- | --- |
| Debtor Days | 9 | 11 | 0 | 16 | 19 |
| Inventory Days | 17 | 16 | 12 | 36 | 42 |
| Days Payable | 70 | 75 | 69 | 121 | 122 |
| Cash Conversion Cycle | -44 | -48 | -57 | -69 | -61 |
| Working Capital Days | -11 | -11 | -27 | -22 | -18 |
| ROCE % | — | 19 | 13 | 2 | -2 |

## Shareholding Pattern

### annual

| Category | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Dec 2025 |
| --- | --- | --- | --- | --- | --- |
| Promoters | 52.79% | 52.78% | 52.78% | 52.78% | 52.78% |
| FIIs | 7.64% | 16.57% | 12.15% | 11.7% | 7.51% |
| DIIs | 22.53% | 27.74% | 31.87% | 33.26% | 32.83% |
| Public | 17.05% | 2.9% | 3.19% | 2.25% | 6.89% |
| No. of Shareholders | 46385 | 30073 | 26459 | 25179 | 31325 |

### Quarterly

| Category | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 52.78% | 52.78% | 52.78% | 52.78% | 52.78% | 52.78% | 52.78% | 52.78% | 52.78% | 52.78% | 52.78% | 52.78% |
| FIIs | 16.57% | 11.02% | 11% | 12.05% | 12.15% | 12.69% | 11.79% | 11.97% | 11.7% | 9.68% | 8.6% | 7.51% |
| DIIs | 27.74% | 31.99% | 32.07% | 31.02% | 31.87% | 31.44% | 32.82% | 32.86% | 33.26% | 34.57% | 35% | 32.83% |
| Public | 2.9% | 4.2% | 4.15% | 4.14% | 3.19% | 3.08% | 2.62% | 2.39% | 2.25% | 2.97% | 3.61% | 6.89% |
| No. of Shareholders | 30073 | 33136 | 30556 | 30048 | 26459 | 27285 | 24238 | 24201 | 25179 | 29485 | 29433 | 31325 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 4 / 3 / 12

### Moving Averages — summary: **Strong Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 4.61 | Sell |
| EMA (10) | 4.59 | Sell |
| SMA (20) | 4.87 | Sell |
| EMA (20) | 4.82 | Sell |
| SMA (50) | 5.44 | Sell |
| EMA (50) | 5.36 | Sell |
| SMA (100) | 6.22 | Sell |
| EMA (100) | 6.05 | Sell |
| SMA (200) | 7.3 | Sell |
| EMA (200) | 6.99 | Sell |

### Oscillators — summary: **Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 29.85 | Buy |
| MACD (12,26,9) | -0.3 | Sell |
| Stochastic (14,3,3) | 22.22 | Neutral |
| ADX (14) | 35.44 | Buy |
| Williams %R (14) | -83.76 | Buy |
| ATR (14) | 0.29 | High Volatility |
| ROC (12) | -13.69 | Sell |
| Stoch RSI (14) | 0 | Buy |
| UO (7,14,28) | 45.22 | Neutral |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 6h - Of Schedule of Analyst / Institutional Investor meetings under the SEBI (LODR), Regulations 2015 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 6h - Of Schedule of Analyst / Institutional Investor meetings under the SEBI (LODR), Regulations 2015](https://www.bseindia.com/xml-data/corpfiling/AttachLive/3180a61d-124b-4354-9b2d-310c03467f8f.pdf) |
| 2 Mar - Completed buyback of 14,13,000 shares at ₹460 (Feb 13–20, 2026); consideration ₹64.99 crore; extinguishment by Mar 12, 2026. | [Announcement under Regulation 30 (LODR)-Post Buyback Public Announcement 2 Mar - Completed buyback of 14,13,000 shares at ₹460 (Feb 13–20, 2026); consideration ₹64.99 crore; extinguishment by Mar 12, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/84fd1af7-0dca-4aaa-bc7b-989f9c1e9a34.pdf) |
| 2 Mar - Appointment of S Zafir Ahmed as Chief Merchandising Officer effective March 2, 2026. | [Announcement under Regulation 30 (LODR)-Change in Management 2 Mar - Appointment of S Zafir Ahmed as Chief Merchandising Officer effective March 2, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/a9fbd802-664c-4af4-b393-ce29c51eb1ec.pdf) |
| 2 Feb - Buyback up to 1,413,000 shares at ₹460 (₹64.99 crore); Record Date Feb 9; Tender Feb 13–19, 2026. | [Announcement under Regulation 30 (LODR)-Public Announcement-Buyback of Shares 2 Feb - Buyback up to 1,413,000 shares at ₹460 (₹64.99 crore); Record Date Feb 9; Tender Feb 13–19, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/5ee8cb81-44fd-4a67-9b82-897593088119.pdf) |
| 13 Feb - Newspaper Advertisement pertaining to dispatch of Letter of Offer | [Announcement under Regulation 30 (LODR)-Newspaper Publication 13 Feb - Newspaper Advertisement pertaining to dispatch of Letter of Offer](https://www.bseindia.com/xml-data/corpfiling/AttachHis/fea154b8-a607-4c1c-a977-4dc7841f2b28.pdf) |
| 13 Feb - Company published advert on Feb 13, 2026 about dispatch of Letter of Offer in three newspapers. | [Buyback - Newspaper Advertisement Pertaining To Dispatch Of Letter Of Offer 13 Feb - Company published advert on Feb 13, 2026 about dispatch of Letter of Offer in three newspapers.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/e76574b1-cfbf-4dad-bc4e-b7478ff3d17a.pdf) |
| 11 Feb - Offer to buy back up to 14,13,000 shares at ₹460 each (₹64.99 crore), Feb 13–20, 2026. | [Buyback - Letter Of Offer 11 Feb - Offer to buy back up to 14,13,000 shares at ₹460 each (₹64.99 crore), Feb 13–20, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/95e265e6-a1ad-4238-a3a7-866d1f885de1.pdf) |
| — | [Announcement under Regulation 30 (LODR)-Newspaper Publication 2 Mar](https://www.bseindia.com/xml-data/corpfiling/AttachHis/00d4dd68-4387-496e-aa5a-4755f9118ca7.pdf) |
| — | [Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 28 Feb](https://www.bseindia.com/xml-data/corpfiling/AttachHis/659A0B71_9DC9_4831_AB05_1E8239E721B7_104214.pdf) |
| — | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript 3 Feb](https://www.bseindia.com/xml-data/corpfiling/AttachHis/eddf4c52-0dfe-4a10-9a02-5b41eade787b.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Oct 2024 | [Concall - Oct 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/2e0b6025-1eca-47ae-a9b8-cc41303a5702.pdf) |
| Nov 2025 | [Concall - Nov 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/d8074b7c-aa43-45b3-8a74-d01bb5eab296.pdf) |
| Nov 2023 | [Concall - Nov 2023](https://www.bseindia.com/xml-data/corpfiling/AttachHis/5a2f7e3e-a541-4c2a-bd6e-2f4c1825da03.pdf) |
| Nov 2022 | [Concall - Nov 2022](https://www.bseindia.com/xml-data/corpfiling/AttachHis/0ebd189a-3a3f-47b0-8e43-afe1ecfd5120.pdf) |
| Nov 2022 | [Concall - Nov 2022](https://www.bseindia.com/xml-data/corpfiling/AttachHis/b6edc54a-0854-465b-b5fe-555b372a3272.pdf) |
| May 2025 | [Concall - May 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/5b6e4af1-2e97-41b5-bb99-520087f67490.pdf) |
| May 2024 | [Concall - May 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/7c0c2024-1fb3-416e-a597-e76e8df741cc.pdf) |
| May 2023 | [Concall - May 2023](https://www.bseindia.com/xml-data/corpfiling/AttachHis/7c6fa095-c9cf-4efd-97c7-a8e57a6e9125.pdf) |
| May 2022 | [Concall - May 2022](https://www.bseindia.com/xml-data/corpfiling/AttachHis/50d03431-9d4a-4363-ad16-08eaccf4ae2a.pdf) |
| May 2022 | [Concall - May 2022](https://www.bseindia.com/xml-data/corpfiling/AttachHis/c2550a7b-2ec4-43b0-86e5-53439c430c2d.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Financial Year 2022 from nse](https://archives.nseindia.com/annual_reports/AR_20721_GOCOLORS_2021_2022_16082022182046_08162022190003.zip) |
| from bse | [Financial Year 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/5a2db470-eefd-4470-8ad9-9e8cfc014f0e.pdf) |
| from bse | [Financial Year 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/cbaed689-62da-4b3a-ad51-f5c25854bfdb.pdf) |
| from bse | [Financial Year 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/18d4b6e7-de3a-4f3c-b46f-e8cbb4c60b63.pdf) |
| from bse | [Financial Year 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/543401/74362543401.pdf) |

---

Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-09-13T19:17:08.701Z.