BEW Engineering Q4 FY26 Share Price & Earnings Call Analysis
- Market cap
- ₹58 Cr
- P/E
- 15.40
- ROE
- 2.71%
- PEG
- -0.78
- Price to sales
- 0.32
- Debt to equity
- 0.44
- 52W high / low
- ₹141 / ₹44.5
- Sales growth (5Y)
- 25.58%
- EBITDA margin
- 5.17%
- Net profit margin
- 2.04%
- Promoter holding
- 46.11%
- Sales (last year)
- ₹186 Cr
Incorporated in 2011, BEW Engineering Ltd designs and manufactures special range of filtration mixing and drying equipments[1]
Guidance scorecard · Q4 FY26 call
What BEW Engineering Ltd's management guided
and where it ranks in Industrial Manufacturing
Industrial Manufacturing
RevenueQ4 FY26 call
10–20%- The company targets peak revenue of around INR 300 crores with a minimum margin of 10%, aiming to improve margins to 13-14% over time.
- For FY27 and FY28, management is cautiously optimistic about sustainable revenue growth, with FY28 revenue expected around INR 230-250 crores.
- Current order book stands at approximately INR 60-65 crores, with an additional INR 60 crores expected to be closed in the next quarter.
- Expansion facility is operational with around 50% utilization and is expected to increase production capacity, enabling higher sales.
2 more points from BEW Engineering Ltd's call on revenue
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MarginsQ4 FY26 call
Up 0–2%See what BEW Engineering Ltd said on margins — free account, 30 seconds.
CapexQ4 FY26 call
Planned- The company has recently completed a capacity expansion involving the amalgamation of neighboring plots, with full operational capacity expected next month.
- Fixed assets/net block increased from INR 12 crores to INR 60 crores, reflecting this expansion.
- Current utilization of the new facility is at approximately 50%, expected to increase to full capacity in the next 3-4 months.
- Expansion aims to improve manufacturing timelines and reduce inventory by streamlining production flow.
2 more points from BEW Engineering Ltd's call on capex
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FundraisingQ4 FY26 call
PlannedSee what BEW Engineering Ltd said on fundraising — free account, 30 seconds.
Order bookQ4 FY26 call
Rising- Current order book is around INR 60-65 crores, expected to execute over 4-6 months.
- Recent market conditions have caused order booking delays but customers are now closing orders quickly due to rising prices.
- Pipeline includes potential orders worth around INR 200 crores; even capturing 50% would add INR 100 crores.
- Order book expected to rise significantly over coming months.
- Company is cautious on margin preservation amid volatility but optimistic about order inflow.
2 more points from BEW Engineering Ltd's call on the order book
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Ranges are what management guided for revenue growth and margins on the latest earnings call. Not investment advice, and not a forecast of returns.
Potential multibaggers · Q2 FY27
Potential multibaggers in Industrial Manufacturing
on management's own guidance
- Strong growth2
- Strong growth1
- Strong growth3
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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.
Peers
Industrial Manufacturing companies ranked on guidance
| # | Company | Revenue guided | Margin guided | Market cap | P/E |
|---|---|---|---|---|---|
| 1 | 40%+ | Up 0–2% | ₹1,207 Cr | 111.0 | |
| 2 | 40%+ | Up 0–2% | ₹549 Cr | 33.8 | |
| 3 | 40%+ | Flat | ₹8,076 Cr | 94.4 | |
| 4 | 40%+ | Flat | ₹3,732 Cr | 81.2 | |
| 5 | 40%+ | Flat | ₹2,580 Cr | 61.2 | |
| 6 | 40%+ | Flat | ₹743 Cr | 43.6 |
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Pro shows every company guiding 40%+ revenue growth →Full Industrial Manufacturing rankingFinancials of BEW Engineering Ltd
Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.
Financials of BEW Engineering Ltd
Quarterly Results
Quarter-by-quarter operating performance
Financials of BEW Engineering Ltd
Profit & Loss
Annual income statement trend
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| Sales + | 52 | 51 | 59 | 59 | 99 | 106 | 121 | 134 | 186 |
| Expenses + | 48 | 46 | 55 | 51 | 88 | 91 | 97 | 114 | 176 |
| Operating Profit | 4 | 5 | 4 | 8 | 11 | 15 | 24 | 20 | 10 |
| OPM % | 7% | 9% | 7% | 14% | 11% | 14% | 20% | 15% | 5% |
| Other Income + | 0 | 0 | 0 | 0 | 1 | 1 | 0 | 1 | 0 |
| Interest | 2 | 3 | 3 | 3 | 3 | 5 | 5 | 4 | 4 |
| Depreciation | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Profit before tax | 1 | 1 | 1 | 4 | 8 | 10 | 18 | 16 | 5 |
| Tax % | 27% | 18% | 27% | 40% | 28% | 25% | 25% | 24% | 25% |
| Net Profit + | 1 | 1 | 1 | 2 | 6 | 7 | 14 | 12 | 4 |
| EPS in Rs | 1.28 | 1.20 | 1.12 | 3.09 | 5.48 | 7.11 | 11.69 | 9.30 | 2.89 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Financials of BEW Engineering Ltd
Balance Sheet
Capital structure and asset base
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 1 | 1 | 1 | 2 | 3 | 3 | 3 | 13 | 13 |
| Reserves | 3 | 4 | 4 | 8 | 17 | 24 | 68 | 125 | 128 |
| Borrowings + | 14 | 22 | 24 | 29 | 27 | 42 | 66 | 58 | 63 |
| Other Liabilities + | 17 | 24 | 31 | 34 | 47 | 60 | 29 | 24 | 65 |
| Total Liabilities | 35 | 51 | 61 | 73 | 94 | 129 | 166 | 220 | 269 |
| Fixed Assets + | 12 | 12 | 12 | 11 | 10 | 11 | 11 | 12 | 60 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 13 | 30 | 0 |
| Investments | 0 | 0 | 0 | 2 | 3 | 3 | 8 | 8 | 7 |
| Other Assets + | 23 | 39 | 49 | 59 | 80 | 115 | 134 | 170 | 202 |
| Total Assets | 35 | 51 | 61 | 73 | 94 | 129 | 166 | 220 | 269 |
Financials of BEW Engineering Ltd
Cash Flows
Operating, investing and financing cash movement
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity + | 2 | -4 | 2 | 8 | 2 | -0 | -8 | -31 | 28 |
| Cash from Investing Activity + | 0 | -1 | -0 | -0 | -1 | -1 | -19 | -19 | -17 |
| Cash from Financing Activity + | -1 | 5 | -0 | -9 | -1 | 2 | 27 | 50 | -8 |
| Net Cash Flow | 1 | 1 | 1 | -1 | -0 | 0 | 1 | 0 | 2 |
| Free Cash Flow | 2 | -5 | 1 | 8 | 2 | -2 | -22 | -50 | 8 |
| CFO/OP | 79% | -75% | 44% | 112% | 38% | 14% | -13% | -133% | 301% |
Financials of BEW Engineering Ltd
Ratios
Working capital efficiency and return ratios
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 30 | 33 | 17 | 23 | 17 | 44 | 39 | 110 | 126 |
| Inventory Days | 136 | 238 | 276 | 389 | 304 | 394 | 459 | 436 | 291 |
| Days Payable | 122 | 137 | 159 | 163 | 165 | 196 | 80 | 42 | 125 |
| Cash Conversion Cycle | 43 | 133 | 135 | 248 | 157 | 241 | 417 | 504 | 292 |
| Working Capital Days | 14 | 53 | 33 | 23 | 42 | 84 | 156 | 270 | 157 |
| ROCE % | 17% | 14% | 22% | 26% | 25% | 23% | 12% | 4% |
Guidance history
How BEW Engineering Ltd's guidance has moved, call by call
| Call | Revenue | Margins | Capex | Fundraising | Order book |
|---|---|---|---|---|---|
| Q4 FY26 call → | 10–20% | Up 0–2% | Planned | Planned | Rising |
| Q2 FY26 call → | 20–40% | Up 2%+ | Planned | Planned | — |
| Q4 FY25 call → | 10–20% | Flat | Planned | — | Rising |
What management guided on each call, newest first. Not investment advice, and not a forecast of returns.
Continue your research
What BEW Engineering Ltd's management said in earlier quarters
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