News Earnings BMW Ventures Revises Q3 FY26 Results, Corrects EBITDA Figures Under Regulation 30BMW Ventures Revises Q3 FY26 Results, Corrects EBITDA Figures Under Regulation 30
BMW Ventures Limited released corrected Q3 FY26 financial results under Regulation 30, fixing a typographical error in previous EBITDA figures. The company reported strong performance with net profit jumping 44.71% to ₹11.49 crore and revenue growing 16.14% to ₹563.17 crore, driven by deleveraging initiatives and fabricated steel products expansion.
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BMW Ventures Limited has issued a revised press release for its Q3 FY26 quarterly results under Regulation 30, correcting a typographical error in EBITDA figures while maintaining strong financial performance driven by deleveraging initiatives and expansion in fabricated steel products business. The company has also announced an interim dividend, reflecting confidence in its operational strength.
EBITDA Correction and Regulatory Compliance
The company identified a typographical error in its original press release dated February 6, 2026, where EBITDA for Q3 FY25 was incorrectly stated as ₹21.56 crore instead of the correct figure of ₹20.11 crore. The corresponding EBITDA margin and growth figures for Q3 FY25 have been revised accordingly. The company clarified that there is no other change in financial performance, operational highlights, or any other information previously disclosed.
Revised Financial Performance Overview
The company's corrected Q3 FY26 results demonstrate robust growth across key financial metrics:
| Metric: | Q3 FY26 | Q3 FY25 | YoY Change (%) |
|---|---|---|---|
| Revenue from Operations: | ₹563.17 crore | ₹484.90 crore | +16.14% |
| EBITDA: | ₹21.81 crore | ₹20.11 crore | +8.45% |
| EBITDA Margin: | 3.87% | 4.15% | -0.28% |
| Net Profit: | ₹11.49 crore | ₹7.94 crore | +44.71% |
| Net Profit Margin: | 2.04% | 1.64% | +0.40% |
Strong Profit Growth and Dividend Declaration
BMW Ventures recorded a net profit of ₹11.49 crore in Q3 FY26, representing a substantial 44.71% increase from ₹7.94 crore in the corresponding quarter last year. This remarkable growth was primarily driven by significant reduction in finance costs following deleveraging through IPO proceeds utilization. The company has declared an interim dividend of ₹1.50 per equity share of face value ₹10 each for FY26, demonstrating strong cash generation capabilities.
Revenue Growth and Operational Performance
Revenue from operations reached ₹563.17 crore, marking a solid 16.14% year-on-year growth from ₹484.90 crore. The company also showed strong sequential performance with 12.22% quarter-on-quarter growth from ₹501.85 crore in Q2 FY26. EBITDA stood at ₹21.81 crore with 8.45% growth, while EBITDA margin compressed to 3.87% from 4.15% due to elevated steel prices, though operational resilience was maintained through better product mix and efficient inventory management.
Fabricated Steel Products Order Book Expansion
The company's order book position shows strong momentum in fabricated steel products:
| Category: | As of Mar 31, 2025 | As of Dec 31, 2025 | Growth |
|---|---|---|---|
| PEB Order Book (MT): | 499 | 1,749 | +250.50% |
| Steel Girder Railway (MT): | 1,831 | 2,884 | +57.51% |
Strategic Focus and Management Outlook
Managing Director Nitin Kishorepuria highlighted the company's operational discipline and efficient supply chain management across Eastern India. The strategic focus remains on expanding footprint through strong distribution network and scaling high-potential manufacturing segments including pre-engineered buildings and RDSO-approved steel girders. The company has revised its FY26 bottom-line growth guidance upward to 30-35% from the earlier 25-30% range, supported by improving margins and sustained revenue momentum.
Business Positioning and Future Prospects
BMW Ventures Limited operates as one of Eastern India's largest steel distributors and manufacturers with over three decades of experience. The company serves 29 districts through a network of 1,299 dealers and operates six stockyards with manufacturing capacity exceeding 27,800 MT per annum. With strengthened balance sheet from deleveraging and focus on higher-margin fabricated steel products, the company is well-positioned for sustainable earnings growth in the infrastructure and construction segments.
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