Price
Financials
Standalone, Rs crore| Mar 2016 | Jun 2016 | Sep 2016 | Dec 2016 | Mar 2017 | Jun 2017 | Sep 2017 | Dec 2017 | Mar 2018 | Jun 2018 | Sep 2018 | Dec 2018 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 632 | 394 | 226 | 30 | 30 | 37 | 7 | 2 | 35 | 1 | 2 | 1 |
| Expenses | 544 | 343 | 230 | 99 | 282 | 49 | 22 | 12 | 744 | 5 | 50 | 3 |
| Operating Profit | 88 | 51 | -4 | -69 | -252 | -13 | -15 | -10 | -709 | -5 | -48 | -2 |
| OPM % | 14% | 13% | -1.9% | -232% | -851% | -34% | -226% | -418% | -2,039% | -563% | -2,100% | -270% |
| Other Income | 2 | 0 | 2 | 1 | 0 | 1 | -0 | 0 | 0 | 0 | 0 | 0 |
| Interest | 48 | 45 | 49 | 53 | -55 | 7 | 8 | 1 | 0 | 0 | 1 | 0 |
| Depreciation | 16 | 13 | 13 | 13 | 13 | 10 | 10 | 10 | 10 | 8 | 8 | 8 |
| Profit before tax | 26 | -6 | -64 | -135 | -210 | -28 | -34 | -22 | -720 | -13 | -57 | -11 |
| Tax % | 39% | 0% | 0% | 0% | -3% | 0% | 0% | 0% | -1% | 0% | 0% | 0% |
| Net Profit | 16 | -6 | -64 | -135 | -203 | -28 | -34 | -22 | -716 | -13 | -57 | -11 |
| EPS in Rs | 0.35 | -0.15 | -1.46 | -3.05 | -4.59 | -0.64 | -0.76 | -0.49 | -16.21 | -0.30 | -1.29 | -0.24 |
| Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 426 | 337 | 521 | 872 | 1,155 | 1,513 | 1,770 | 1,905 | 2,400 | 693 | 83 | 39 |
| Expenses | 396 | 303 | 461 | 750 | 1,016 | 1,331 | 1,544 | 1,626 | 2,080 | 966 | 831 | 803 |
| Operating Profit | 29 | 34 | 60 | 122 | 139 | 182 | 226 | 279 | 320 | -273 | -747 | -764 |
| OPM % | 7% | 10% | 11% | 14% | 12% | 12% | 13% | 15% | 13% | -39% | -896% | -1,973% |
| Other Income | 3 | 1 | 1 | 2 | 5 | 8 | 6 | 6 | 9 | 2 | 2 | 0 |
| Interest | 8 | 13 | 19 | 34 | 54 | 75 | 107 | 134 | 173 | 93 | 16 | 1 |
| Depreciation | 4 | 3 | 6 | 13 | 13 | 27 | 29 | 45 | 65 | 51 | 41 | 35 |
| Profit before tax | 21 | 19 | 37 | 77 | 77 | 89 | 96 | 106 | 92 | -415 | -803 | -800 |
| Tax % | 35% | 35% | 34% | 33% | 33% | 36% | 35% | 35% | 35% | -2% | -0% | |
| Net Profit | 14 | 12 | 24 | 51 | 52 | 56 | 63 | 69 | 60 | -408 | -800 | -797 |
| EPS in Rs | 1.17 | 1.18 | 1.28 | 1.43 | 1.56 | 1.35 | -9.24 | -18.11 | -18.04 | |||
| Dividend Payout % | 0% | 0% | 0% | 4% | 4% | 4% | 7% | 0% | 0% | 0% | 0% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | -15% | -44% | -65% | -49% | ||
| Compounded Profit Growth | % | % | % | -178% | ||
| Stock Price CAGR | -23% | % | % | % | ||
| Return on Equity | % | % | % | % |
| Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Sep 2018 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 14 | 14 | 14 | 22 | 22 | 22 | 44 | 44 | 44 | 44 | 44 | 44 |
| Reserves | 33 | 45 | 69 | 301 | 350 | 404 | 440 | 509 | 569 | 161 | -639 | -709 |
| Borrowings | 63 | 83 | 202 | 205 | 294 | 408 | 566 | 600 | 761 | 1,488 | 1,546 | 1,396 |
| Other Liabilities | 78 | 58 | 148 | 170 | 352 | 536 | 589 | 847 | 1,054 | 237 | 304 | 335 |
| Total Liabilities | 187 | 200 | 434 | 697 | 1,018 | 1,369 | 1,639 | 2,001 | 2,428 | 1,930 | 1,256 | 1,067 |
| Fixed Assets | 27 | 28 | 106 | 105 | 208 | 220 | 218 | 356 | 292 | 240 | 198 | 182 |
| CWIP | 0 | 26 | 2 | 48 | 11 | 0 | 3 | 0 | 3 | 9 | 10 | 10 |
| Investments | 1 | 1 | 3 | 3 | 21 | 43 | 51 | 54 | 54 | 54 | 54 | 53 |
| Other Assets | 160 | 146 | 323 | 542 | 778 | 1,106 | 1,368 | 1,590 | 2,078 | 1,626 | 993 | 822 |
| Total Assets | 187 | 200 | 434 | 697 | 1,018 | 1,369 | 1,639 | 2,001 | 2,428 | 1,930 | 1,256 | 1,067 |
| Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | -22 | -15 | 34 | -33 | -91 | 69 | 62 | -22 | 289 | 62 | -747 | -8 |
| Cash from Investing Activity | -28 | -3 | -33 | -62 | -55 | -95 | -42 | -31 | -177 | 4 | -3 | 1 |
| Cash from Financing Activity | 50 | 20 | 1 | 101 | 157 | 34 | 34 | 37 | -88 | -46 | 645 | 6 |
| Net Cash Flow | 1 | 1 | 1 | 6 | 10 | 9 | 53 | -16 | 23 | 20 | -105 | -1 |
| Free Cash Flow | -50 | -18 | -0 | -92 | -149 | -10 | 35 | -51 | 108 | 58 | -753 | -8 |
| CFO/OP | -433% | -40% | 108% | -44% | -71% | 68% | 27% | -13% | 95% | 19% | 274% | 1% |
| Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 115 | 94 | 106 | 152 | 133 | 169 | 163 | 193 | 204 | 235 | 721 | 3,208 |
| Inventory Days | 17 | 35 | 37 | 83 | 192 | 202 | 110 | 54 | 65 | 48 | 64 | 172 |
| Days Payable | 73 | 64 | 44 | 179 | 185 | 393 | 236 | 157 | 185 | 180 | 79 | 432 |
| Cash Conversion Cycle | 59 | 65 | 99 | 57 | 139 | -22 | 37 | 90 | 84 | 104 | 705 | 2,948 |
| Working Capital Days | 75 | 69 | 92 | 119 | 144 | 126 | 119 | 152 | 136 | 146 | 733 | 3,001 |
| ROCE % | 15% | 33% | 25% | 26% | 27% | 22% | 22% | 22% | 22% | 21% | -21% | -60% |
| Jun 2016 | Sep 2016 | Dec 2016 | Mar 2017 | Jun 2017 | Sep 2017 | Dec 2017 | Mar 2018 | Jun 2018 | Sep 2018 | Dec 2018 | Mar 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoters | 66.82% | 66.52% | 60.38% | 51.78% | 51.50% | 51.50% | 51.51% | 51.51% | 51.51% | 51.51% | 51.51% | 51.51% |
| FIIs | 2.75% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| DIIs | 0.00% | 0.00% | 0.13% | 0.01% | 0.01% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Public | 30.43% | 33.48% | 39.49% | 48.21% | 48.49% | 48.50% | 48.49% | 48.49% | 48.49% | 48.49% | 48.49% | 48.49% |
| No. of Shareholders | 10,900 | 22,350 | 27,354 | 30,160 | 22,973 | 30,193 | 29,803 | 28,825 | 28,760 | 28,670 | 28,656 | 28,723 |
Fundamentals
Market Cap₹ 13.2 Cr.
Current Price₹ 0.30
Book Value₹ -15.0
ROCE-59.5 %
ROE%
Dividend Yield0.00 %
Face Value₹ 1.00
Compounded Sales Growth (TTM)-49%
Compounded Profit Growth (TTM)-178%
Standalone figures.
Valuation
P/E, 3-year average9.74x
P/B, 3-year average0.42x
P/E, 5-year average11.62x
P/B, 5-year average0.89x
Profitability
Operating margin (excl. other income)-895.74%
Operating margin (incl. other income)-893.81%
EBITDA margin-1972.62%
Pre-tax margin-2066.76%
Net profit margin-2057.33%
Net margin, latest quarter-1280.95%
ROE410.03%
ROCE-59.52%
ROA-50.21%
ROE, 3-year average106.81%
ROCE, 3-year average-19.87%
ROA, 3-year average-22.08%
ROE, 5-year average69.49%
ROCE, 5-year average-3.25%
ROA, 5-year average-11.66%
ROIC (approx.)-84.08%
Tax rate0.46%
Other income / net worth-0.27%
Growth
Sales growth (latest year)-87.96%
Sales CAGR, 3 years-64.75%
Sales CAGR, 5 years-43.99%
Sales growth QoQ-63.16%
Sales growth YoY (latest quarter)-64.85%
Per share
EPS (TTM)Rs -18.04
EPS (latest year)Rs -18.11
EPS (latest quarter)Rs -0.24
EPS, 3-year averageRs -8.67
EPS, 5-year averageRs -4.60
Book value per shareRs -13.47
Sales per shareRs 0.88
Cash flow per shareRs -0.17
Free cash flow per shareRs -0.18
Dividend per share, 5-year averageRs 0.10
Dividends
Dividend payout, 5-year average7.00%
Efficiency
Asset turnover0.07x
Fixed asset turnover0.42x
Inventory turnover2.68x
Inventory days136 days
Debtor days3208 days
Debtors turnover0.11x
Creditor days432 days
Cash conversion cycle2948 days
Working capital days3001 days
Leverage
Total debtRs 1,546 Cr
Cash and bankRs 5 Cr
Net debtRs 1,541 Cr
Debt to equity-2.60x
Interest coverage-671.48x
Owners' fund to total sources-47.38%
Debt to assets123.13%
Cash flow
Cash from Operating Activity (latest year)Rs -8 Cr
Cash from Investing Activity (latest year)Rs 1 Cr
Cash from Financing Activity (latest year)Rs 6 Cr
Net Cash Flow (latest year)Rs -1 Cr
Free cash flow (latest year)Rs -8 Cr
FCFE (approx.: FCF + change in debt)Rs 50 Cr
Statement figures
Net sales (TTM)Rs 39 Cr
Net sales (latest year)Rs 83 Cr
Sales (latest quarter)Rs 1 Cr
Operating profit excl. other income (latest year)Rs -747 Cr
Operating profit (latest quarter)Rs -2 Cr
Other income (TTM)Rs 2 Cr
EBITDA (TTM)Rs -764 Cr
PBDT (TTM)Rs -765 Cr
Profit before tax (TTM)Rs -800 Cr
Tax (latest year)Rs -4 Cr
Net profit (TTM)Rs -797 Cr
Net profit (latest year)Rs -800 Cr
Net profit (latest quarter)Rs -11 Cr
Depreciation (TTM)Rs 35 Cr
Depreciation (latest quarter)Rs 8 Cr
Interest (TTM)Rs 1 Cr
Cost of goods sold (latest year)Rs 114 Cr
Total expenditure (latest year)Rs 831 Cr
Total income (latest year)Rs 85 Cr
Share capitalRs 44 Cr
ReservesRs -639 Cr
Shareholders' fundsRs -595 Cr
Total assetsRs 1,256 Cr
Net blockRs 198 Cr
Capital work in progressRs 10 Cr
InvestmentsRs 54 Cr
ReceivablesRs 733 Cr
InventoryRs 43 Cr
Other liabilitiesRs 304 Cr
Shares outstanding (crore)44.17
Ownership
Promoter holding51.51% (+0.00 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
Not enough history to build valuation bands (needs two years of profits and prices).
Not enough price history.
Red flags
F-score 2 of 8| serious | Negative equity Shareholders' equity is negative |
| explain | Receivables outrunning sales Receivables grew -46% vs sales -88% in 2018 |
| look | Inventory outrunning sales Inventory grew -56% vs sales -88% in 2018 |
| look | Repeated losses Net loss in each of the last two years |
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.
Latest quarter
Dec 2018Sales ₹1 Cr -50.0% vs Dec 2017.
Net loss ₹11 Cr.
Activity
CompareNo listed peers in this industry.
No bulk or block deals on record.
No corporate actions on record.
No announcements in our files yet.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Not on any NSE surveillance list in the latest file.
Quick answers
What is the market cap of BS Ltd?
BS Ltd (533276) has a market capitalisation of Rs 13.2 Cr. at the close.
What were BS Ltd's latest quarterly results?
In the Dec 2018 quarter, BS Ltd sales was Rs 1 Cr (-50.0% vs Dec 2017) with a net loss of Rs 11 Cr.