BMW Industries LtdQ3 FY24
BMW Industries Ltd Q3 FY24 Earnings Call Analysis
Revenue, margin, capex, fundraise and order book outlook from management commentary.
Price: ₹58.8P/E: 14.7Market Cap: ₹1.2K CrSector: Industrial Products
Management growth scorecard
Revenue
Category 3
Margin
Category 3
Fundraise
Yes
Order
No
Capex
Yes
2 of 5 growth signals are positive.
Full analysisRevenue guidance
Category 3No information is provided regarding the same in the latest conference call.
Margin guidance
Category 3No information is provided regarding the same in the latest conference call.
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Fundraise plans
YesNo information is provided regarding the same in the latest conference call.
Order book
No- →The contract for conversion of GP/GC sheets through the CRM complex has been extended until November 2024.
- →Negotiations for further long-term contracts are in the final stages and expected to be finalized soon.
- →The company is confident about securing a favorable long-term agreement to support sustained operations.
- →A mutually agreed short-closure of the contract for a long-product rolling mill is in process, leading to decommissioning of the 120,000-ton mill.
- →The company is focusing on better utilization of the 180,000-ton rolling mill and planning new facilities in infrastructure, solar, and defense sectors.
- →Expansion project with an outlay of Rs. 170 crores is underway to support higher volumes and value-added products.
- →Harsh Bansal confirmed negotiations with Tata Steel are concluded; awaiting paperwork for contract renewal expected within November.
Capex plans
YesNo information is provided regarding the same in the latest conference call.
How does BMW Industries Ltd rank vs peers in Industrial Products?
Pro feature1BMW Industries Ltd
Rev 3Mar 3
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