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BMW Industries LtdUpdates, 31-07-2025: Company Update

31-07-2025 | 04:54 pm

The company submitted the transcript of its Post Earnings Call regarding the financial results for the quarter. Revenue was Rs. 148.7 Cr, impacted by a temporary shutdown by key customers. Profit after tax stood at Rs. 15.2 Cr. The company continues progress on its Bokaro Greenfield project, a Rs. 803 Cr capital expenditure, with color-coated sheet plant revenue expected to commence by the fourth quarter. It commissioned two new tube mills and a 1.28 MW rooftop solar installation, boosting tube manufacturing capacity to approximately 600,000 metric tons annually. Major orders, including a Rs. 365 Cr and a Rs. 1,700 Cr contract primarily from Tata Steel, signify a robust order book. Net debt increased to Rs. 160 Cr. The company aims for a peak debt-equity ratio of 2:1, funded by debt and internal accruals, and plans for NSE listing, expressing optimism about India's steel demand and market expansion.

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