Shares of hit the upper price band on Wednesday, climbing 14.5 per cent to ₹50.45, after the Kolkata-based steel processor reported its strongest-ever quarterly and annual profit figures for Q4 FY26.
The company posted a profit after tax (PAT) of ₹3,316 lakhs for the quarter ended March 31, 2026 — an 88.1 per cent jump year-on-year and the highest quarterly PAT in its history.
Revenue for the quarter stood at ₹21,574 lakhs, up 33.6 per cent from ₹16,152 lakhs in Q4 FY25. EBITDA for the quarter came in at ₹6,390 lakhs with a margin of 29.6 per cent, expanding sharply from 23.5 per cent a year ago.
For the full financial year FY26, BMWIL recorded total income of ₹68,002 lakhs and an annual PAT of ₹8,112 lakhs — also a record — up 8.1 per cent over FY25. The full-year EBITDA margin stood at 26.5 per cent. Diluted EPS for FY26 was ₹3.59. Net debt as of March 31, 2026 stood at ₹36,382 lakhs, with a net debt-to-equity ratio of 0.45.
The board has recommended a final dividend of 43 paise per share, implying a payout ratio of 12 per cent.
Chairman Ram Gopal Bansal highlighted the commissioning of the company’s Greenfield Downstream Steel Complex at Bokaro, with Phase 1 expected to go live in Q1 FY27. During the quarter, the company also signed a Piped Natural Gas supply agreement with Indian Oil Corporation for its Bokaro facility.
At Wednesday’s closing price of ₹50.45, the stock trades at a consolidated P/E of 11.28x on a trailing basis, against a 52-week high of ₹59.75. Market capitalisation stands at approximately ₹1,136 crore on a full basis.
