BMW Industries Ltd — Important, 05-02-2026: Company Update

BMW Industries announced its Q3 FY26 financial results, reporting operating income of Rs. 162.16 crore and profit after tax of Rs. 17.61 crore. The financial results for the nine months ending December 31, 2025, showed operating income of Rs. 4.56 crore and operating EBITDA of Rs. 1.07 crore. The company successfully secured Rs. 500 crore in long-term debt for its Rs. 803 crore Bokaro Greenfield steel complex, on track for Phase-1 commissioning by April 2026. This project is expected to drive a 75% consolidated revenue CAGR and 35-40% PAT CAGR over the next three fiscals, with PAT margins stabilizing at approximately 5% by FY28. The shift to an integrated processing model will moderate EBITDA margins to around 11% by FY28, but absolute profit is projected to grow substantially.