Bhansali Engineering Polymers Ltd.
Snapshot View

187.95 +2.50 ▲1.4%

30 July 2021, 04:00:00 P.M.
Volume: 353,245

Overview View Details

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Industry Chemicals Compare with Industry peers
Website http://www.bhansaliabs.com
Financial Indicators
Market Cap 3,112.39 Cr.
Earnings per share (EPS) 24.87 Trailing Twelve Months Ending 2021-06
Price-Earning Ratio (PE) 7.54 Trailing Twelve Months Ending 2021-06
Industry PE 47.45 Trailing Twelve Months Ending 2021-06
Book Value / Share 45.72 Trailing Twelve Months Ending 2021-06
Price to Book Value 4.10 Calculated using Price: 187.60
Dividend Yield 0.53 Period Ending 2021-03
No. of Shares Subscribed 16.59 Cr. 165,905,640 Shares
FaceValue 1
Company Profile

Bhansali Engineering Polymers (BEPL) is a leading name in the petrochemical sector in India. BEPL is a vertically integrated petrochemical company that is into manufacturing of ABS (Acrylonitrile Butadiene Styrene) -- a raw material used extensively across industries like automobiles, home appliances, telecommunications, luggage and other sectors.

The company manufactures and produces variety of specialty grades and 1200 different colour shades meeting customers requirements in different applications. The company has dedicated R & D team that helps to develop its application in shortest possible time.

For more than a decade, BEPL has been a trusted partner for the makers of automobiles, home appliances, telephones, electrical and electronics appliances, business machines, luggage, stationery, novelties and various other products.

Major clients of BEPL include large Indian brands namely Bajaj, Exide, Fiat, Aquaguard, Beetel, VIP, Samsonite, BPL, Onida, Sanyo, Videocon, Voltas, Whirpool, Electrolux, Crompton, IFB, LG, Kenstar, Tata, Toyota, Yahama and may more.

Products

  • Abstron
  • Santron
  • High Rubber Graft

History

Bhansali Engineering Polymers (BEPL) was incorporated in the year 1986. The company was promoted by Shri B M Bhansali. BEPL was the first company in India to start manufacturing quality ABS resins using foreign technology. Its plant is located at Satnoor, which was set up in technical collaboration with Sumitomo Chemical Engineering Co / Sumitomo Nagautuck, Japan at a capital cost of Rs 3,670 lakh. This plant became operational in January 1990 and started manufacturing general purpose injection moulding, extrusion and specialty grades of ABS and its alloys.

The company enhanced its capacity from 7500 TPA in 1990 to 15,000 TPA in the year 1996. In 2000, company acquired Vadodara-based Polychem and also added facility for manufacturing merchant SAN. With further expansion and addition of balancing equipment at both units at Satnoor and Vadodara, its installed capacity exceeded 30000 TPA in 2002. Continuing on the path of expansion, BEPL acquired Rajasthan Polymers Resins (RPRL) in the year 2004 to further enhance the production capacity to 48,000 TPA. BEPL has taken a step for a big expansion leap towards 200 KTPA in near future. Moreover, basic layout for 400 KTPA and 600 KTPA expansion has been finalized.

Milestones

  • 1984- The company was incorporated as public limited company in April of that year.
  • 1986- The company signed agreement with Sumitomo of Japan for 7.5 KTPA capacity ABS Plant.
  • 1990- In January, the company started 7.5 KTPA capacity ABS Plant at Satnoor (Madhya Pradesh).
  • 1996- BEPL expanded capacity at the Satnoor plant: 15 KTPA capacity of ABS in March.
  • 1999- In September, the company took over under licence and subsequently purchased Polychem’s 5 KTPA capacity ABS/SAN Plant at Vadodara. 
  • 2002- In September, company ABS/SAN plant at Vadodara Plant 12 KTPA (combined capacity of both the units – 27 KTPA).
  • 2003-2004- The company took over Greaves’ RPRL unit having manufacturing capacity of  20 KTPA.
  • 2005- BEPL implemented ERP package (mySAP) across the organization.
  • 2007- BEPL obtained ISO 9001-2000 certification

Future Plans

BEPL’s ambitious mid-to-long term strategy concentrates on strengthening its vertically integrated business structure. For its petrochemical business, BEPL has plans to further strengthen its foothold and position itself as a major player in main growing markets across the globe. This will be realized by raising the product quality and cost competitiveness through enhanced R&D and marketing abilities.

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
+1.35%
1 Week
+9.08%
1 Month
+6.52%
3 Month
+18.39%
6 Month
+31.39%
1 Year
+322.83%
2 Year
+210.92%
5 Year
+776.22%
7 years 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03 2021-03
Return on Equity (%) 4.33 13.55 24.74 47.59 16.74 20.41 64.27
Return on Capital Employed (%) 14.12 21.75 29.12 58.31 28.27 25.26 86.09
Return on Assets (%) 1.23 4.35 9.27 23.65 9.78 11.31 46.62

Balance Sheet View Details

Particulars 7 years 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr.
Shh. Funds 185 127 161 257 299 356 681
Non Curr. Liab. 7 4 8 15 25 21 21
Curr. Liab. 203 219 250 151 205 276 75
Minority Int.
Equity & Liab. 395 349 420 423 529 653 777
Non Curr. Assets 125 83 95 116 148 179 172
Curr. Assets 270 266 325 307 380 474 605
Misc. Exp. not W/O
Total Assets 395 349 420 423 529 653 777

Profit Loss View Details

Particulars 7 years 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr.
Net Sales 601 531 626 1,032 1,225 1,104 1,292
Other Income 2 3 8 14 7 6 10
Total Income 603 533 635 1,045 1,232 1,110 1,302
Total Expenditure -576 -494 -563 -877 -1,146 -1,018 -845
PBIDT 27 40 72 168 86 92 457
Interest -14 -11 -10 -8 -1 0 -1
Depreciation -5 -6 -5 -6 -7 -10 -10
Taxation -3 -7 -21 -55 -31 -16 -113
Exceptional Items
PAT 5 16 36 100 47 67 333

Cash Flow View Details

Particulars 7 years 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr.
Cash Fr. Operatn. 36 56 78 192 53 88 88
Cash Fr. Inv. -6 -35 -12 -16 -55 -43 -5
Cash Fr. Finan. -33 -23 -65 -149 -7 -10 -9
Net Change -3 -2 2 27 -8 35 74
Cash & Cash Eqvt 2 1 2 29 21 56 129

Shareholding Pattern View Details

9 Qtrs 2019-06 (%) 2019-09 (%) 2019-12 (%) 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%)
Promoter 55.00 55.00 55.00 56.45 56.45 56.45 56.45 56.45 56.45
Public 45.00 45.00 45.00 43.55 43.55 43.55 43.55 43.55 43.55
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Announcements View Details

Thu, 15 Jul 2021
Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate
Pursuant to Regulation 39 (3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 as amended we wish to inform you that Link Intime India Private Limited Companys Registrar and Share Transfer Agents (RTA) has received a letter from a shareholder intimating lost of share certificate details of which are mentioned in the attached letter:

Kindly take the same on your record.
Sun, 11 Jul 2021
Un-Audited Financial Results (Standalone And Consolidated) For The Quarter Ended 30Th June 2021
We hereby enclose the following:

a. Limited Review Report on Un-Audited Financial Results (Standalone and Consolidated) for the quarter ended 30th June 2021 issued by the Statutory Auditors of the Company; and

b. Copy of Un-Audited Financial Results (Standalone and Consolidated) for the quarter ended 30th June 2021.

Request you to kindly take the same on record.
Sun, 11 Jul 2021
Outcome Of Board Meeting - Sunday 11Th July 2021.
We hereby enclose the following:
a. Limited Review Report on Un-Audited Financial Results (Standalone and Consolidated) for the quarter ended 30th June 2021 issued by the Statutory Auditors of the Company; and
b. Copy of Un-Audited Financial Results (Standalone and Consolidated) for the quarter ended 30th June 2021.
Request you to kindly take the same on record.

Technical Scans View Details

Fri, 30 Jul 2021
Stock Outperforming Benchmark Index in both 1 Week and 3 Month Stock Outperforming Benchmark Index in both 1 Week and 3 Month
Stock Outperforming Sectoral Index in both 1 Week and 3 Month Stock Outperforming Sectoral Index in both 1 Week and 3 Month
Close Within 2 Year High Zone Close Within 2 Year High Zone
Both SRS And ARS Above Zero Both SRS And ARS Above Zero
Stochastic %K Crossing %D from Above Stochastic %K Crossing %D from Above

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