BMW Ventures Reports 12.5% Net Profit Growth in Q2, Expects Strong H2 Performance
BMW Ventures Limited announced Q2 financial results with a 12.5% year-over-year increase in net profit to ₹7.11 crore. Revenue from operations grew 6.18% to ₹501.85 crore. EBITDA slightly decreased by 0.84% to ₹19.96 crore. The company maintains a strong network of 1,299 dealers across 29 districts in Bihar and a manufacturing capacity exceeding 27,800 MT per annum. BMW Ventures is focusing on expanding value-added products like Pre-Engineered Buildings and RDSO-approved Railway Steel Girders. The company projects 25-30% year-over-year growth in bottom line for H2 and expects improved margins and top-line growth.
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BMW Ventures Limited (BSE: 544543, NSE: BMWVENTLTD), a prominent steel product distributor and fabricator in Bihar, has announced its financial results for the second quarter. The company demonstrated resilience in its performance, reporting a 12.5% year-over-year increase in net profit despite challenges in the steel pricing environment.
Financial Highlights
The company's financial performance for Q2 showcases its operational strength and market position:
| Particulars | Q2 | Q2 PY | YoY Change |
|---|---|---|---|
| Revenue from Operations (₹ Cr) | 501.85 | 472.65 | 6.18% |
| EBITDA (₹ Cr) | 19.96 | 20.13 | -0.84% |
| EBITDA Margin (%) | 3.98 | 4.26 | -28 bps |
| Net Profit (₹ Cr) | 7.11 | 6.32 | 12.50% |
Operational Performance
BMW Ventures has maintained its strong market presence with:
- A network of 1,299 dealers across 29 districts in Bihar
- Manufacturing capacity exceeding 27,800 MT per annum
Strategic Focus and Future Outlook
The company is strategically positioning itself for growth:
Expansion of Value-Added Products:
- Pre-Engineered Buildings (PEBs)
- RDSO-approved Railway Steel Girders
Order Book Growth:
- PEB order book grew by 251% from March 31 to October 30
- Steel Girder orders for railways increased significantly
H2 Projections:
- Anticipates 25-30% year-over-year growth in bottom line
- Expects improved margins and top-line growth
Management Commentary
Nitin Kishorepuria, Managing Director of BMW Ventures, commented on the results: "We are pleased to share another quarter of consistent performance, with our net profit rising by 12.5% YoY, reflecting our operational discipline, efficient supply chain management, and strong dealer engagement across Bihar. Despite a soft pricing environment in the steel sector, our diversified portfolio and long-standing partnerships have allowed us to maintain profitability and sustain growth momentum."
Company Overview
BMW Ventures Limited, with over three decades of operational experience, has established itself as a key player in:
- Steel trading and distribution
- Manufacturing of PVC pipes
- Roll forming
- Tractor engine distribution
- Fabrication of pre-engineered buildings (PEBs)
- RDSO-approved steel girders
In the previous fiscal year, the company reported:
- Revenue from Operations: ₹2,067.33 crore
- EBITDA: ₹87.39 crore (4.24% margin)
- PAT: ₹32.82 crore (1.59% margin)
The company's focus on expanding its value-added product portfolio, coupled with its strong distribution network and manufacturing capabilities, positions it well to capitalize on the infrastructure growth in eastern India. As BMW Ventures continues to execute its growth strategy, investors will be watching closely to see if the company can deliver on its projected performance for the second half of the year.
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