Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.
Financials of BMW Ventures
Quarter-by-quarter operating performance
| Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Sales + | 473 | 485 | 585 | 485 | 502 | 563 | 729 |
| Expenses + | 453 | 465 | 563 | 465 | 482 | 541 | 707 |
| Operating Profit | 20 | 20 | 22 | 19 | 20 | 22 | 21 |
| OPM % | 4% | 4% | 4% | 4% | 4% | 4% | 3% |
| Other Income + | 1 | 1 | 2 | 1 | 1 | 2 | 1 |
| Interest | 10 | 9 | 9 | 8 | 10 | 6 | 6 |
| Depreciation | 1 | 1 | 1 | 2 | 2 | 2 | 2 |
| Profit before tax | 10 | 11 | 14 | 11 | 10 | 15 | 14 |
| Tax % | 35% | 27% | 20% | 24% | 29% | 25% | 23% |
| Net Profit + | 6 | 8 | 11 | 8 | 7 | 12 | 11 |
| EPS in Rs | 1.00 | 1.25 | 1.73 | 1.27 | 0.82 | 1.33 | 1.25 |
Financials of BMW Ventures
Annual income statement trend
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Sales + | 1,133 | 1,272 | 1,564 | 2,015 | 1,938 | 2,062 | 2,278 |
| Expenses + | 1,097 | 1,226 | 1,502 | 1,950 | 1,869 | 1,979 | 2,196 |
| Operating Profit | 36 | 45 | 62 | 65 | 70 | 83 | 82 |
| OPM % | 3% | 4% | 4% | 3% | 4% | 4% | 4% |
| Other Income + | 2 | 2 | 3 | 3 | 4 | 5 | 4 |
| Interest | 16 | 14 | 17 | 21 | 29 | 39 | 30 |
| Depreciation | 2 | 5 | 5 | 4 | 4 | 5 | 6 |
| Profit before tax | 20 | 29 | 43 | 43 | 40 | 45 | 50 |
| Tax % | 25% | 24% | 26% | 24% | 26% | 26% | 25% |
| Net Profit + | 15 | 22 | 32 | 33 | 30 | 33 | 37 |
| EPS in Rs | 9.63 | 13.80 | 20.18 | 20.63 | 4.73 | 5.18 | 4.32 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 29% | 0% |
Financials of BMW Ventures
Capital structure and asset base
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 16 | 16 | 16 | 16 | 63 | 63 | 87 |
| Reserves | 59 | 76 | 108 | 141 | 123 | 147 | 355 |
| Borrowings + | 162 | 173 | 164 | 288 | 395 | 428 | 258 |
| Other Liabilities + | 39 | 48 | 60 | 38 | 64 | 38 | 52 |
| Total Liabilities | 276 | 313 | 348 | 482 | 646 | 676 | 752 |
| Fixed Assets + | 53 | 61 | 82 | 98 | 106 | 140 | 149 |
| CWIP | 0 | 0 | 0 | 1 | 16 | 1 | 0 |
| Investments | 0 | 0 | 0 | 1 | 2 | 4 | 5 |
| Other Assets + | 223 | 252 | 266 | 382 | 522 | 532 | 598 |
| Total Assets | 276 | 313 | 348 | 482 | 646 | 676 | 752 |
Financials of BMW Ventures
Operating, investing and financing cash movement
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Cash from Operating Activity + | 26 | 18 | 49 | -84 | -53 | 50 | |
| Cash from Investing Activity + | -7 | -5 | -26 | -21 | -27 | -24 | |
| Cash from Financing Activity + | -15 | -6 | -25 | 99 | 80 | -14 | |
| Net Cash Flow | 4 | 7 | -2 | -6 | 0 | 12 | |
| Free Cash Flow | 0 | 13 | 24 | -104 | -80 | 27 | |
| CFO/OP | 85% | 56% | 98% | -112% | -64% | 72% |
Financials of BMW Ventures
Working capital efficiency and return ratios
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Debtor Days | 32 | 31 | 25 | 20 | 27 | 29 | 42 |
| Inventory Days | 35 | 35 | 32 | 46 | 66 | 59 | 53 |
| Days Payable | 0 | 2 | 1 | 1 | 5 | 0 | 1 |
| Cash Conversion Cycle | 66 | 65 | 56 | 65 | 88 | 88 | 93 |
| Working Capital Days | 60 | 14 | 14 | 17 | 20 | 15 | 47 |
| ROCE % | 17% | 22% | 18% | 14% | 14% | 12% |
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