---
title: "BMW Ventures Ltd (BMWVENTLTD) — Share Price, Financials & Analysis"
symbol: "BMWVENTLTD"
company: "BMW Ventures Ltd"
canonical: "https://tapetide.com/stocks/BMWVENTLTD"
isin: "INE965W01036"
nse_symbol: "BMWVENTLTD"
bse_code: "544543"
sector: "Metals & Mining"
industry: "Trading Metals"
market_cap_cr: 464.88
generated_at: "2026-09-13T20:05:31.804Z"
---

# BMW Ventures Ltd (BMWVENTLTD)

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

## Company

- **NSE Symbol:** BMWVENTLTD
- **BSE Code:** 544543
- **ISIN:** INE965W01036
- **Sector:** Metals & Mining
- **Industry:** Trading Metals
- **Macro Sector:** Commodities
- **Stock Type:** EQUITY
- **Listed Since:** 2025-10-01
- **CEO:** Mr. Bijay Kumar Kishorepuria
- **Employees:** 639
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** bmwventures.com

## About

BMW Ventures Limited is primarily engaged in trading/Distribution of steel products, tractor engines and spare parts, manufacturing of PVC pipes and roll forming, and the fabrication of pre-engineered buildings (PEB) and steel girders.[1]

## Latest Price

## Key Fundamentals

Observed at 2026-09-11T04:41:56.371076Z.

- **Market Cap:** ₹464.88 Cr
- **Classification:** Microcap
- **P/E (reported):** 11.8
- **EPS (TTM):** ₹4.62
- **Book Value:** ₹50.95
- **Price to Book:** 1.07
- **Dividend Yield:** 2.75%
- **ROE:** 8.48%
- **ROCE:** 17.82%
- **Debt to Equity:** 0.58
- **Revenue (yearly):** ₹2282.4 Cr
- **Net Income:** ₹37.5 Cr
- **EBITDA:** ₹86.3 Cr
- **52-Week High:** ₹78
- **52-Week Low:** ₹48
- **RSI (14):** 34.93

## Tapetide Score

- **Score:** 60 / 100
- **Score date:** 2026-09-04
- **Archetype:** Quality at a Reasonable Price
- **What it means:** Financial strength is not being paid for with a demanding multiple. The question worth asking is whether the quality is durable or reflects a good patch — check the consistency of returns over several years rather than the latest quarter.
- **Pillar profile:** Quality: Good · Valuation: Cheap · Momentum: Flat
- **Percentile:** 87.9 (of 4473 scored stocks)
- **Confidence:** 100%
- **Data coverage:** 100%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 44.65 | 9% |
| growth | 60.77 | 9% |
| momentum | 54.55 | 12% |
| ownership | 63.48 | 24% |
| quality | 63.95 | 22% |
| valuation | 63.65 | 24% |

The Tapetide Score is decision-support only, not investment advice.

## Key Insights

### Strengths

- Company has reduced debt.
- Stock is trading at 1.06 times its book value
- Company has been maintaining a healthy dividend payout of 21.2%

### Weaknesses

- Debtor days have increased from 32.4 to 41.6 days.

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | -84.08% | 115.19% | -83.68% |
| ebitda margin growth | -0.91% | -11.27% | 1.07% | -7.8% |
| net income growth | -2.75% | 14.33% | 5% | 11% |
| revenue growth | -16.38% | 10.4% | 4% | 12% |
| roce | — | -46.9% | -38.55% | 29.93% |
| roe | — | -45.71% | 13.38% | -66.99% |

## Financial Statements

### Quarterly Results

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

| Item | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 473 | 485 | 585 | 485 | 502 | 563 | 729 | 609 |
| Expenses | 453 | 465 | 563 | 465 | 482 | 541 | 707 | 588 |
| Operating Profit | 20 | 20 | 22 | 19 | 20 | 22 | 21 | 21 |
| OPM % | 4.3 | 4.2 | 3.8 | 4 | 4 | 3.9 | 2.9 | 3.4 |
| Other Income | 1 | 1 | 2 | 1 | 1 | 2 | 1 | 1 |
| Interest | 10 | 9 | 9 | 8 | 10 | 6 | 6 | 6 |
| Depreciation | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 |
| Profit before tax | 10 | 11 | 14 | 11 | 10 | 15 | 14 | 14 |
| Tax % | 35 | 27 | 20 | 24 | 29 | 25 | 23 | 25 |
| Net Profit | 6 | 8 | 11 | 8 | 7 | 12 | 11 | 11 |
| EPS in Rs | 1 | 1.25 | 1.73 | 1.27 | 0.82 | 1.33 | 1.25 | 1.22 |

### Profit & Loss

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

| Item | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 1133 | 1272 | 1564 | 2015 | 1938 | 2062 | 2278 | 2403 |
| Expenses | 1097 | 1226 | 1502 | 1950 | 1869 | 1979 | 2196 | 2319 |
| Operating Profit | 36 | 45 | 62 | 65 | 70 | 83 | 82 | 84 |
| OPM % | 3.2 | 3.6 | 3.9 | 3.2 | 3.6 | 4 | 3.6 | 3.5 |
| Other Income | 2 | 2 | 3 | 3 | 4 | 5 | 4 | 5 |
| Interest | 16 | 14 | 17 | 21 | 29 | 38 | 30 | 28 |
| Depreciation | 2 | 5 | 5 | 4 | 4 | 5 | 6 | 7 |
| Profit before tax | 20 | 29 | 43 | 43 | 40 | 45 | 50 | 54 |
| Tax % | 25 | 24 | 26 | 24 | 26 | 26 | 25 | — |
| Net Profit | 15 | 22 | 32 | 33 | 30 | 33 | 37 | 40 |
| EPS in Rs | 9.63 | 13.8 | 20.18 | 20.63 | 4.73 | 5.18 | 4.32 | 4.62 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 29 | 35 | — |

### Balance Sheet

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

| Item | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 16 | 16 | 16 | 16 | 63 | 63 | 87 |
| Reserves | 59 | 76 | 108 | 141 | 123 | 147 | 355 |
| Borrowings | 162 | 173 | 164 | 288 | 395 | 428 | 258 |
| Other Liabilities | 39 | 48 | 60 | 38 | 64 | 38 | 52 |
| Total Liabilities | 276 | 313 | 348 | 482 | 646 | 676 | 752 |
| Fixed Assets | 53 | 61 | 82 | 98 | 106 | 140 | 149 |
| CWIP | 0 | 0 | 0 | 1 | 16 | 1 | 0 |
| Investments | 0 | 0 | 0 | 1 | 2 | 4 | 5 |
| Other Assets | 223 | 252 | 266 | 382 | 522 | 532 | 598 |
| Total Assets | 276 | 313 | 348 | 482 | 646 | 676 | 752 |

### Cash Flow

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

| Item | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 26 | 18 | 49 | -84 | -53 | 51 | 8 |
| Cash from Investing Activity | -7 | -5 | -26 | -21 | -27 | -18 | -13 |
| Cash from Financing Activity | -15 | -6 | -25 | 99 | 80 | -15 | -7 |
| Net Cash Flow | 4 | 7 | -2 | -6 | 0 | 18 | -11 |
| Free Cash Flow | 0 | 13 | 24 | -104 | -80 | 29 | -7 |
| CFO/OP | 85 | 56 | 98 | -112 | -64 | 72 | 24 |

### Ratios

| Item | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 32 | 31 | 25 | 20 | 27 | 29 | 42 |
| Inventory Days | 35 | 35 | 32 | 46 | 66 | 59 | 53 |
| Days Payable | 0 | 2 | 1 | 1 | 5 | 0 | 1 |
| Cash Conversion Cycle | 66 | 65 | 56 | 65 | 88 | 88 | 93 |
| Working Capital Days | 60 | 14 | 14 | 17 | 20 | 15 | 46 |
| ROCE % | — | 17 | 22 | 18 | 14 | 14 | 12 |

## Shareholding Pattern

### Quarterly

| Category | Sep 2019 | Jun 2024 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- |
| Promoters | 77.05% | 100% | 73.01% | 73.01% | 73.01% | 73.01% |
| FIIs | 0% | 0% | 0.51% | 0% | 0% | 0% |
| DIIs | 0% | 0% | 0% | 1.27% | 0% | 1.17% |
| Government | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 0% | 0% | 25.09% | 23.54% | 20.49% | 19.94% |
| Others | 22.95% | 0% | 1.38% | 2.18% | 6.49% | 5.87% |
| No. of Shareholders | 21 | 9 | 9 | 74973 | 66999 | 62939 |

## 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) | 55.04 | Sell |
| EMA (10) | 55.06 | Sell |
| SMA (20) | 56.12 | Sell |
| EMA (20) | 55.85 | Sell |
| SMA (50) | 57.31 | Sell |
| EMA (50) | 57.06 | Sell |
| SMA (100) | 59.18 | Sell |
| EMA (100) | 58.06 | Sell |
| SMA (200) | 58.54 | Sell |
| EMA (200) | 59.1 | Sell |

### Oscillators — summary: **Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 32.05 | Neutral |
| MACD (12,26,9) | -0.94 | Sell |
| Stochastic (14,3,3) | 9.53 | Buy |
| ADX (14) | 17.11 | Neutral |
| Williams %R (14) | -87.88 | Buy |
| ATR (14) | 1.5 | Neutral |
| ROC (12) | -5.01 | Sell |
| Stoch RSI (14) | 10.91 | Buy |
| UO (7,14,28) | 28.7 | Buy |

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-09-09 | [The Company Had An Interaction With NDTV](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=5039f1ce-202a-4d34-bd33-ecbeda4fad36.pdf) |
| 2026-08-25 | [Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b3566447-dd01-46e5-84a7-ef3f3e5152d9.pdf) |
| 2026-08-25 | [Shareholder Meeting / Postal Ballot-Scrutinizers Report](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=36a95b53-52fa-4271-ae74-b88444e07a0a.pdf) |
| 2026-08-25 | [Announcement under Regulation 30 (LODR)-Change in Directorate](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a0509ad6-ff0f-40c2-8fc8-cbacddf5300e.pdf) |
| 2026-08-24 | [Shareholder Meeting / Postal Ballot-Outcome of AGM](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ee03b587-43eb-4dd2-97ff-0a482bcbda42.pdf) |
| 2026-08-01 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=1be3835e-0cee-4373-9d95-34435798295d.pdf) |
| 2026-07-31 | [Annual General Meeting Of The Company On August 24 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=0737fe2e-16c2-4da3-a321-bf6baa008c79.pdf) |
| 2026-07-31 | [Reg. 34 (1) Annual Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=efa5be59-3ab8-4948-80a8-b89866ba68f7.pdf) |
| 2026-07-31 | [The Company Has Sent Letter To The Shareholder For AGM Whose Email Id Was Not Registered With RTA.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=eb45bf50-a422-4e05-8df6-47722c07b504.pdf) |
| 2026-07-30 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b84cfb9e-1ebe-49b1-81e3-39e487ac921c.pdf) |

### Investor Presentations

| Date | Document |
| --- | --- |
| 2026-08-13 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=079fd722-902b-4230-8ca3-c46598c7aaaa.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-07-29 | [Un-Audited Result For June Quarter 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a3635ce5-84bc-43a9-bbde-1210d33072c2.pdf) |
| 2026-05-27 | [Audited Financial Results For The Quarter And Finacial Year Ended March 31 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d6536716-df20-4a9b-955a-45399d936501.pdf) |
| 2026-02-04 | [Un-Audited Financial Results For The Quarter And Nine Months Ended On December 31 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=79b3915e-f1ab-4412-b10b-ab7b1a7786f0.pdf) |
| 2025-11-10 | [The Un-Audited Financial Results Of The Company For The Quarter Ended On June 30 2025.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c14dc7c7-b4b1-4ea4-962a-cbbd124278b7.pdf) |
| 2025-11-10 | [The Un-Audited Financial Results Of The Company For The Quarter And Half Year Ended September 30 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=98bc2545-e243-4cea-a50d-c0ff11088658.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 9 Feb - Revised press release correcting Q3 FY25 EBITDA from ₹221.56 Cr to ₹220.11 Cr; no other changes. | [Announcement under Regulation 30 (LODR)-Press Release / Media Release (Revised) 9 Feb - Revised press release correcting Q3 FY25 EBITDA from ₹221.56 Cr to ₹220.11 Cr; no other changes.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/d390f3a9-2615-4444-aa7d-fc2858a2b49d.pdf) |
| 8 Apr - Regulation 74(5) certificate filed for quarter ended March 31, 2026; dematerialization confirmed. | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 8 Apr - Regulation 74(5) certificate filed for quarter ended March 31, 2026; dematerialization confirmed.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/c8336d19-3bae-4f84-86a8-ddd9928aec02.pdf) |
| 30 October 2025 - Certificate under Reg.74(5): no dematerialisation requests received 01.07.2025–30.09.2025. | [Certificate under SEBI (Depositories and Participants) Regulations, 2018 30 October 2025 - Certificate under Reg.74(5): no dematerialisation requests received 01.07.2025–30.09.2025.](https://nsearchives.nseindia.com/corporate/VASA_30102025222634_Regulation74.pdf) |
| 30 January 2026 - SEBI Reg 74(5) certificate for quarter ended 31 Dec 2025; no dematerialisation requests (01.10.2025–31.12.2025). | [Certificate under SEBI (Depositories and Participants) Regulations, 2018 30 January 2026 - SEBI Reg 74(5) certificate for quarter ended 31 Dec 2025; no dematerialisation requests (01.10.2025–31.12.2025).](https://nsearchives.nseindia.com/corporate/VASA_30012026203652_Regulation74.pdf) |
| 3 October 2025 - 8th AGM (30 Sep 2025): FY2024-25 accounts adopted; Hardik Vasa reappointed MD; 3,696,510 votes (100%) in favour. | [Shareholders meeting 3 October 2025 - 8th AGM (30 Sep 2025): FY2024-25 accounts adopted; Hardik Vasa reappointed MD; 3,696,510 votes (100%) in favour.](https://nsearchives.nseindia.com/corporate/VASA_03102025220212_Reg44VotingresultReportAGM.pdf) |
| 26 Mar - Trading window closed from April 1, 2026 until 48 hours after audited results. | [Closure of Trading Window 26 Mar - Trading window closed from April 1, 2026 until 48 hours after audited results.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/7366ac05-9f5d-49b2-8844-6515c6707ea5.pdf) |
| 26 Feb - Secured INR 36 Crore structural steel supply order for BHEL; delivery within 10 months; advance received. | [Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order 26 Feb - Secured INR 36 Crore structural steel supply order for BHEL; delivery within 10 months; advance received.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/072cc797-7d07-4bca-9dd5-4c86c3af677d.pdf) |
| 26 Feb - BMW Ventures won Rs.336 crore BHEL fabricated steel order; Rs.3,141 crore opportunity; order book up 49% (26 Feb 2026). | [Announcement under Regulation 30 (LODR)-Press Release / Media Release 26 Feb - BMW Ventures won Rs.336 crore BHEL fabricated steel order; Rs.3,141 crore opportunity; order book up 49% (26 Feb 2026).](https://www.bseindia.com/xml-data/corpfiling/AttachHis/250a5541-c43f-4ac0-886a-5cd518e48d56.pdf) |
| 15 November 2025 - Qualified opinion for H1 Sep 30, 2025; Oxford license expired; impairment unassessed; net worth -1788.56 lakhs. | [General Updates 15 November 2025 - Qualified opinion for H1 Sep 30, 2025; Oxford license expired; impairment unassessed; net worth -1788.56 lakhs.](https://nsearchives.nseindia.com/corporate/VASA_15112025214005_CoveringLetterVASASeptember25.pdf) |
| 14 November 2025 - Board approved H1 results (30 Sep 2025); auditors flagged going‑concern, bank loans NPA and repayment defaults. | [Outcome of Board Meeting 14 November 2025 - Board approved H1 results (30 Sep 2025); auditors flagged going‑concern, bank loans NPA and repayment defaults.](https://nsearchives.nseindia.com/corporate/VASA_14112025160028_BMOutcome.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Financial Year 2025 from nse](https://archives.nseindia.com/annual_reports/SME_AR_28848_VASA_2024_2025_A_1819512_06092025211045.pdf) |
| from nse | [Financial Year 2024 from nse](https://archives.nseindia.com/annual_reports/SME_AR_25954_VASA_2023_2024_06092024133534.pdf) |
| from nse | [Financial Year 2023 from nse](https://archives.nseindia.com/annual_reports/SME_AR_23475_VASA_2022_2023_05092023114246_09052023120002.zip) |
| from nse | [Financial Year 2022 from nse](https://archives.nseindia.com/annual_reports/SME_AR_21785_VASA_2021_2022_09092022173909_09092022180005.zip) |
| from nse | [Financial Year 2021 from nse](https://archives.nseindia.com/annual_reports/SME_AR_20106_VASA_2020_2021_24062022232126_06252022070003.zip) |
| from nse | [Financial Year 2020 from nse](https://archives.nseindia.com/annual_reports/SME_AR_17586_VASA_2019_2020_07092020233752_08092020070008.zip) |
| from nse | [Financial Year 2019 from nse](https://archives.nseindia.com/annual_reports/SME_AR_15704_VASA_2018_2019_03092019215530_03092019220004.zip) |
| from nse | [Financial Year 2018 from nse](https://archives.nseindia.com/annual_reports/SME_AR_13836_VASA_2017_2018_30092018130205.zip) |
| from bse | [Annual Report 2026 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/efa5be59-3ab8-4948-80a8-b89866ba68f7.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 2026-09-13T20:05:31.804Z.