BMW Industries Q1 Revenue Dips 14.4% YoY Amid Customer Shutdowns; Bokaro Expansion on Track
BMW Industries Limited experienced a 14.4% year-on-year revenue decline to Rs 148.70 crores in Q1, attributed to temporary customer shutdowns. Despite this, the company maintained a 21.2% operating EBITDA margin and reported a profit after tax of Rs 15.20 crores. The company commissioned new tube mills, installed solar capacity, and increased tube manufacturing capacity. The Bokaro Greenfield expansion is on schedule, with revenue generation expected from Q4. Management provided optimistic medium-term guidance, projecting significant growth in revenue, EBITDA, and PAT over the next three fiscal years. BMW Industries secured major contracts from Tata Steel and reported an increase in net debt to Rs 160.00 crores.
BMW Industries Limited experienced a 14.4% decrease in consolidated revenue to ₹148.69 crore in Q1 FY26, primarily due to a 45-day shutdown by a key customer. Net profit fell 32% to ₹15.20 crore, with PAT margin decreasing to 9.9%. Operating EBITDA declined 25.8% to ₹31.45 crore. Despite challenges, the company commissioned two additional Tube Mills, completed a 1.28 MW Rooftop Solar installation, and remains on track with its Greenfield expansion. The company anticipates volume recovery in coming quarters and continues to focus on capacity expansion and strategic initiatives.
17May 25
BMW Industries Q4 Results: Revenue Up, Profits and Margins Dip
BMW Industries Ltd. released Q4 financial results showing a 14.60% increase in revenue to ₹1.57 billion, but faced profitability challenges. EBITDA decreased to ₹334 million from ₹390 million, with EBITDA margin declining to 21.24% from 28.40%. Consolidated net profit slightly decreased to ₹176 million from ₹190 million year-over-year. The company's performance indicates successful top-line growth but difficulties in maintaining profit margins, possibly due to increased operational costs or market pressures.
BMW Industries Inks MoU with Ministry of Steel for PLI Scheme in Specialty Steel
BMW Industries Limited (BMWIL) signed an MoU with the Ministry of Steel on March 24, 2025, under the PLI 1.1 scheme for Specialty Steel. The company will manufacture coated/plated steel products and Al-Zn coated (Galvalume) products at its upcoming Greenfield Downstream Steel Complex in Bokaro, Jharkhand. This aligns with BMWIL's previously announced capex plans and is expected to strengthen its position in the specialty steel market while contributing to India's 'Make in India' and 'Atmanirbhar Bharat' initiatives.
24Mar 25
BMW Industries Signs MoU with Ministry of Steel for PLI Scheme in Specialty Steel
BMW Industries Limited (BMWIL) signed an MoU with the Ministry of Steel under the PLI 1.1 scheme for Specialty Steel on March 24, 2025. The company will manufacture Coated/Plated Steel Products and Al-Zn Coated products at its new Bokaro plant. This aligns with BMWIL's capex plans and supports government initiatives. The company also rescheduled its virtual Analyst/Investor meeting to March 26, 2025.