Bulkcorp International Q2 FY26 Share Price & Earnings Call Analysis
- Market cap
- ₹57 Cr
- P/E
- 15.21
- ROE
- 11.41%
- PEG
- 0.34
- Price to sales
- 0.87
- Debt to equity
- 0.30
- 52W high / low
- ₹88.0 / ₹38.0
- Sales growth (5Y)
- 15.97%
- EBITDA margin
- 10.15%
- Net profit margin
- 5.70%
- Promoter holding
- 72.26%
- Sales (last year)
- ₹66 Cr
Incorporated in 2009, Bulkcorp International Ltd is engaged in Manufacturing of FIBC Bags[1]
Guidance scorecard · Q2 FY26 call
What Bulkcorp International Ltd's management guided
and where it ranks in Industrial Products
Industrial Products
RevenueQ2 FY26 call
20–40%- Bulkcorp International Limited expects continued volume-led growth supported by rising global FIBC demand.
- Focus on expanding capacity to meet market growth, guided by close collaborators and distribution partners globally.
- Plans to increase production capacity through CAPEX in the next year to capture new opportunities.
- Anticipates around 10-15% revenue contribution in 3 years from new sustainable PET FIBC products.
- Diversification into food-grade and pharma-grade FIBCs to drive premium segment growth.
- Expanding international markets, including Middle East and Africa, to broaden geographic footprint.
- Ongoing emphasis on sustainable packaging solutions aligned with global regulatory trends and customer demand.
2 more points from Bulkcorp International Ltd's call on revenue
Create a free account to keep reading this call
MarginsQ2 FY26 call
FlatSee what Bulkcorp International Ltd said on margins — free account, 30 seconds.
CapexQ2 FY26 call
Planned- Discussions are ongoing and clarity is expected in the next quarter.
- Evaluating backward integration into fabric manufacturing as part of strategic initiatives, with discussions ongoing and more clarity expected next quarter.
- Focus on automation upgrades is underway, with some automation already implemented (e.g., cutting and printing machines) and plans to expand automation in the next 2-3 years.
- Investments include energy efficiency improvements such as installing servo motors and expanding solar power plant utilization.
2 more points from Bulkcorp International Ltd's call on capex
Create a free account to keep reading this call
FundraisingQ2 FY26 call
See what Bulkcorp International Ltd said on fundraising — free account, 30 seconds.
Order bookQ2 FY26 call
- Management emphasizes consistent demand without reduction, with some geographic shifts in demand.
- They focus on balancing capacity with order inflows and are planning capacity expansions to meet growing opportunities.
- Around 25% of orders are annual contracts, while the majority are spot orders reflecting customized requirements.
- The company is actively pursuing large volume tenders even at lower margins to maintain high utilization.
2 more points from Bulkcorp International Ltd's call on the order book
Create a free account to keep reading this call
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 Products
on management's own guidance
- Strong growth2
- Strong growth1
- Strong growth3
Portfolio builder
Build your portfolio
from the top-ranked stocks
- 1. Pick 3–15 stocks
- 2. Choose large, mid or small cap and your sectors
- 3. Get a portfolio built from the rankings
Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.
Peers
Industrial Products companies ranked on guidance
| # | Company | Revenue guided | Margin guided | Market cap | P/E |
|---|---|---|---|---|---|
| 1 | 40%+ | Up 2%+ | ₹532 Cr | 21.2 | |
| 2 | 40%+ | Up 2%+ | ₹450 Cr | 13.2 | |
| 3 | 40%+ | Up 2%+ | ₹371 Cr | 26.1 | |
| 4 | 40%+ | Up 0–2% | ₹1,340 Cr | 32.9 | |
| 5 | 40%+ | Up 0–2% | ₹1,196 Cr | 14.1 | |
| 6 | 40%+ | Flat | ₹966 Cr | 25.0 |
Sign up free to see every company in the sector ranking and track Bulkcorp International Ltd.
Pro shows every company guiding 40%+ revenue growth →Full Industrial Products rankingFinancials of Bulkcorp International Ltd
Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.
Financials of Bulkcorp International Ltd
Quarterly Results
Quarter-by-quarter operating performance
Financials of Bulkcorp International Ltd
Profit & Loss
Annual income statement trend
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Sales + | 31.39 | 48.42 | 38.47 | 45.17 | 60.38 | 65.84 |
| Expenses + | 29.49 | 45.71 | 36.05 | 40.55 | 54.70 | 59.18 |
| Operating Profit | 1.90 | 2.71 | 2.42 | 4.62 | 5.68 | 6.66 |
| OPM % | 6.05% | 5.60% | 6.29% | 10.23% | 9.41% | 10.12% |
| Other Income + | 0.38 | 0.77 | 0.49 | 1.34 | 0.89 | 1.42 |
| Interest | 0.44 | 0.69 | 0.61 | 0.58 | 0.96 | 1.75 |
| Depreciation | 0.50 | 0.54 | 0.58 | 0.64 | 0.84 | 0.95 |
| Profit before tax | 1.34 | 2.25 | 1.72 | 4.74 | 4.77 | 5.38 |
| Tax % | 52.99% | 23.56% | 29.07% | 26.16% | 26.21% | 30.67% |
| Net Profit + | 0.64 | 1.73 | 1.21 | 3.50 | 3.52 | 3.73 |
| EPS in Rs | 3.54 | 9.56 | 6.69 | 6.32 | 4.68 | 4.96 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials of Bulkcorp International Ltd
Balance Sheet
Capital structure and asset base
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Equity Capital | 1.81 | 1.81 | 1.81 | 5.54 | 7.51 | 7.51 |
| Reserves | 0.07 | 1.76 | 2.97 | 3.83 | 23.49 | 27.22 |
| Borrowings + | 6.49 | 8.89 | 5.42 | 6.35 | 6.78 | 10.55 |
| Other Liabilities + | 11.39 | 9.31 | 7.45 | 16.65 | 5.07 | 5.89 |
| Total Liabilities | 19.76 | 21.77 | 17.65 | 32.37 | 42.85 | 51.17 |
| Fixed Assets + | 5.97 | 5.73 | 5.63 | 5.70 | 8.31 | 10.93 |
| CWIP | 0.00 | 0.07 | 0.00 | 1.78 | 0.92 | 0.75 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Assets + | 13.79 | 15.97 | 12.02 | 24.89 | 33.62 | 39.49 |
| Total Assets | 19.76 | 21.77 | 17.65 | 32.37 | 42.85 | 51.17 |
Financials of Bulkcorp International Ltd
Cash Flows
Operating, investing and financing cash movement
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Cash from Operating Activity + | 0.03 | -1.22 | 3.70 | 1.37 | -14.66 | 3.93 |
| Cash from Investing Activity + | -0.18 | -0.49 | -0.41 | -2.48 | -2.59 | -3.40 |
| Cash from Financing Activity + | 0.04 | 1.72 | -4.08 | 1.14 | 17.94 | -1.14 |
| Net Cash Flow | -0.12 | 0.01 | -0.79 | 0.03 | 0.68 | -0.62 |
| Free Cash Flow | -0.29 | -1.63 | 3.29 | -1.12 | -17.25 | 0.53 |
| CFO/OP | 2% | -45% | 176% | 39% | -236% | 78% |
Financials of Bulkcorp International Ltd
Ratios
Working capital efficiency and return ratios
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Debtor Days | 61.28 | 58.50 | 55.98 | 85.98 | 86.50 | 34.32 |
| Inventory Days | 96.94 | 56.61 | 64.61 | 119.92 | 119.73 | 117.50 |
| Days Payable | 187.25 | 84.91 | 89.99 | 170.96 | 28.28 | 27.49 |
| Cash Conversion Cycle | -29.04 | 30.19 | 30.60 | 34.93 | 177.96 | 124.32 |
| Working Capital Days | -11.98 | 6.48 | 1.14 | 27.80 | 139.52 | 137.04 |
| ROCE % | 28.23% | 20.56% | 41.05% | 21.42% | 17.17% |
Continue your research
What Bulkcorp International Ltd's management said in earlier quarters
Others in Industrial Products this season
- Captain Polyplast Ltd (Q2 FY27)
32.9% increase . Key results statement takeaways from Captain Polyplast Ltd's Q2 FY27 results statement — and how it ranks against sector peers.
- Shyam Metalics & Energy Ltd (Q2 FY27)
Q2 FY27 Revenue:** ₹5,960.2 crore, up 33.4% YoY (Page 38) . Key investor presentation takeaways from Shyam Metalics & Energy Ltd's Q2 FY27 investor presentation
- Ratnaveer Precision Engineering Ltd (Q2 FY27)
Q2 FY27 Revenue: ₹3,872.37 million . Key investor presentation takeaways from Ratnaveer Precision Engineering Ltd's Q2 FY27 investor presentation — and how it r
- HEG Advanced Materials Ltd (Q2 FY27)
For the quarter ended September 30, 2026, HEG Limited reported total revenue from operations of ₹1,520.64 crores. Key results statement takeaways from HEG Advan