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Earnings Call Transcript

BMW Industries Earnings Call Transcript: Key Takeaways

Revenue ₹182 Cr (+25.3%) and EBITDA margin 19.2%, with growth shown as ramp-up potential. Bocaro is pre-ramp, and other income includes a one-off asset-sale gain. Management reiterated the 70–75% revenue CAGR to FY28 but refused short-term revenue guidance.

BMW Industries Q2 FY27 concall: date, live audio and summaryConcall page →
Guidance and delivery
Management target Revenue 70.0% FY28
Highlights
Revenue growthRevenue ₹182 Cr, +25.3% YoY; growth tied to Bocaro ramp.
MarginsEBITDA margin 19.2%; PAT margin 11.1%, up 76 bps; FY28 EBITDA target 12–13%.
Order bookColor-coated orders short-cycle, no book disclosed; legacy renewals ongoing.
Demand visibilityDomestic coated steel demand 5–7 Mt, growing 10–13% annually, per management.
Management confidenceOptimistic; evasive on short-term revenue and pricing questions.

Growth

Revenue +25.3% YoY; PAT +42.7% flattered by one-time asset-sale gain in other income. EBITDA ₹35 Cr.

Outlook

FY28 targets: revenue CAGR 70–75%, EBITDA margin 12–13%, PAT margin 5–6%. Peak debt ₹800–900 Cr; galvalume Q4 FY27; ZAM H1 FY28.

Risks

Bocaro ramp unproven; no color-coated order book disclosed; peak debt ₹800–900 Cr; short-term guidance refused; legacy contract renewals ongoing.

Source

Earnings Call Transcript filed with BSE, BSE: 542669. Summary written with AI assistance from the document.

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BMW Industries Ltd: key numbers

Share price
₹50.42
Market cap
₹1,135 Cr
Revenue (annual)
₹665.2 Cr
Net profit (annual)
₹81.12 Cr
P/E (TTM)
12.4×Sector 17.0×
Promoter holding
74.36%+0.00% QoQ
FII holding
0.00%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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