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Bhansali Engineering Polymers Ltd

Bhansali Engineering Polymers Ltd

BEPL | 500052

123.57

+1.15 (0.94%)

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    Performance

    Historical price movement and trading activity

    Trading Data

    Today's High125.8
    Today's Low121.11
    Open122.1
    Previous Close123.57
    Volume2585719
    Total Traded Value High320110323.29

    Overview

    Bhansali Engineering Polymers Limited (BEPL) was initially incorporated on 9 April, 1984 as Bhansali Steels Limited. It commenced business on 16 May 1984. The name of the Company was changed to Bhansali Engineering Polymers Limited on 4 January, 1986 by setting up a project for manufacture of acrylonitrile butadiene styrene (ABS) resins. At present, Company is engaged in manufacturing of ABS and SAN resins which is classified under the category of Highly Specialized Engineering Thermoplastics and is presently having manufacturing facilities at Abu Road, Rajasthan and Satnoor, Madhya Pradesh. BEPL has been promoted by B M Bhansali and Jayesh B Bhansali in association with the Madhya Pradesh Audyogik Vikas Nigam (MPAVN), an industrial development corporation of the state government of Madhya Pradesh. In May '89, the company came out with a public issue of 36 lac equity shares at par aggregating Rs 3.6 cr. The proceeds of the issue were utilised to part-finance a Rs 25.25-cr project to manufacture 6000 tpa of ABS resin in technical collaboration with Sumitomo Chemical Engineering Company, Japan The plant is located in the Chindwara district of Madhya Pradesh. Company's product is well established in the international market & confident that will achieved higher export growth in coming years. Company has received ISO 9002 Quality Standard Certificate from KPMG for manufacture & marketing of Acrylonitrile Butadiene Styrene (ABS) ploymers and Compounds. During 1999-2000, the company has entered into an agreement with M/s Polychem Ltd, for acquiring their ABS/SAN unit at Vadodara as a going concern. The company installed new FBC boiler and commissioned it. The capacity of ABS/SAN was expanded from 27000 TPA to 30000 TPA. As part of the expansion in production capacity of ABS Resins, the installed capacity was increased from 30000 TPA to 48000 TPA during 2003-04 . The Company commissioned the compounding capacity expansion project at its Abu Road plant from existing 100 KTPA to 137 KTPA in 2018-19. It incorporated a Joint Venture Company, Bhansali Nippon A&L Private Limited in 2020-21. In 2023, it enhanced the capacity of both ABS Production plants resulting an increase in the Overall ABS production from 65,000 TPA to 75,000 TPA which became effective from 1st April, 2022. Further, the Company had appointed Toyo Engineering India Private Limited (TOYO') as Engineering consultant for Front End Engineering Design (FEED) and CAPEX Cost Estimation for enhancing ABS production capacity from 75000 TPA to 200000 TPA at Company's existing plants at Abu Road and Satnoor in FY 2024-25. The capacity of ABS resin has been expanded from the existing 75,000 TPA to 1,00,000 TPA in FY 2026.

    Sector & Industry

    Petrochemicals - Polymers - Large

    Listing Exchange

    National Stock Exchange (NSE)

    Bombay Stock Exchange (BSE)

    Fundamentals

    Financial strength and ownership structure

    Valuation & Ratios

    Market Capitalisation₹2,050.10
    Price to Book (PB)1.89
    Price to Earnings (PE)11.38
    Return on Equity (ROE)17.28%
    Earnings Per Share (EPS)7.24
    Dividend Yield4.86%

    Financial Performance

    314.24
    291.84
    321.18
    340.06
    366.91
    345.84
    344.94
    307.91
    325.10
    301.39
    341.61
    472.15
    Sep
    '23
    Dec
    '23
    Mar
    '24
    Jun
    '24
    Sep
    '24
    Dec
    '24
    Mar
    '25
    Jun
    '25
    Sep
    '25
    Dec
    '25
    Mar
    '26
    Jun
    '26

    Shareholding Pattern

    57.47%
    57.47%
    57.47%
    57.47%
    Sep
    '25
    Dec
    '25
    Mar
    '26
    Jun
    '26

    Technicals

    Price-based indicators and levels

    Indicators

    INDICATORVALUESIGNAL
    Relative Strength Index (RSI)+62.96Neutral
    MACD+4.66Bullish

    Support and Resistance Levels

    R3127.01
    R2125.15
    R1123.79
    S1120.57
    S2118.71
    S3117.35

    Moving Averages

    PERIODSMAEMA
    20D Moving Average116.79116.08
    50D Moving Average106.25108.69
    200D Moving Average94.13100.56

    News

    Hot Pursuit

    Bhansali Engineering Polymers jumps as Q1 PAT rises 43% YoY

    20 Jul 2026

    Bhansali Engineering Polymers surged 10.43% to Rs 124.90 after the company reported strong earnings for the quarter ended 30 June 2026.

    The company's consolidated net profit increased 42.95% YoY and 27.13% QoQ to Rs 65.60 crore in Q1 FY27. Revenue from operations rose 53.34% YoY and 38.21% QoQ to Rs 472.15 crore in the June 2026 quarter. The company said revenue growth was driven by higher realisations, while operating leverage and improved cost efficiencies contributed to a significant expansion in profitability. Profit before tax stood at Rs 90.67 crore in Q1 FY27, up 25.58% vs Q4 and 46.34% vs Q1 FY26. Operating EBITDA (excluding other income) increased 44.50% YoY to Rs 92.30 crore, while EBITDA margin moderated to 19.2% from 20.0% in Q1 FY26, a contraction of 80 basis points. On the cost front, total expenditure increased 52.55% YoY to Rs 389.56 crore. Raw material consumed rose 46.23% YoY to Rs 265.93 crore, while employee expenses increased 17.76% YoY to Rs 18.17 crore. Finance costs rose 125% to Rs 0.09 crore from Rs 0.04 crore a year ago, while depreciation expense declined 7.27% YoY to Rs 2.04 crore. Tax expense increased 58.03% YoY to Rs 25 crore, while deferred tax declined 68% YoY to Rs 0.08 crore. Bhansali Engineering is expanding its ABS production capacity from 75,000 MTPA to 100,000 MTPA through a debottlenecking project at its Abu Road and Satnoor plants. The ~Rs 200 crore expansion is being funded entirely through internal accruals, with commissioning targeted by September 2026 and optimal utilisation expected in FY28. Joint managing director and chief financial officer Jayesh B. Bhansali said the company delivered resilient performance despite geopolitical uncertainties, supported by disciplined execution and cost leadership. He added that the debt-free balance sheet, strong cash position and internal accruals would fund the planned expansion and support future growth. The board declared a first interim dividend of Re 1 per share for FY27. Bhansali Engineering Polymers is India's leading manufacturer of Acrylonitrile Butadiene Styrene (ABS) and Styrenic Resins. The company operates manufacturing facilities at Abu Road (Rajasthan) and Satnoor (Madhya Pradesh), supported by an in-house R&D centre, and maintains a strategic joint venture with Nippon A&L Inc., Japan. BEPL's diversified portfolio serves the automobile, consumer durables, electronics, healthcare, and kitchenware industries. Powered by Capital Market - Live News

    Corporate News

    Board of Bhansali Engineering Polymers recommends First Interim Dividend

    18 Jul 2026

    Of Rs.1 per share

    Bhansali Engineering Polymers announced that the Board of Directors of the Company at its meeting held on 18 July 2026, has recommended a First Interim Dividend of Rs.1 per share (i.e.100%), subject to the approval of the shareholders.

    Bhansali Engineering Polymers to hold board meeting

    14 Jul 2026

    On 18 July 2026

    Bhansali Engineering Polymers will hold a meeting of the Board of Directors of the Company on 18 July 2026.

    Bhansali Engineering Polymers to convene AGM

    25 Apr 2026

    On 21 July 2026

    Bhansali Engineering Polymers announced that the 42th Annual General Meeting(AGM) of the company will be held on 21 July 2026.

    Board of Bhansali Engineering Polymers recommends final dividend

    25 Apr 2026

    Of Rs 1 per share

    Bhansali Engineering Polymers announced that the Board of Directors of the Company at its meeting held on 24 April 2026, inter alia, have recommended the final dividend of Rs 1 per equity Share (i.e. 100%) , subject to the approval of the shareholders.

    Bhansali Engineering Polymers to hold board meeting

    20 Apr 2026

    On 24 April 2026

    Bhansali Engineering Polymers will hold a meeting of the Board of Directors of the Company on 24 April 2026.

    Board of Bhansali Engineering Polymers recommends Third Interim dividend

    14 Feb 2026

    Of Rs 1 per share

    Bhansali Engineering Polymers announced that the Board of Directors of the Company at its meeting held on 14 February 2026, inter alia, have recommended the Third Interim dividend of Rs 1 per equity Share (i.e. 100%) , subject to the approval of the shareholders. Powered by Capital Market - Live News

    Results - Announcements

    Bhansali Engineering Polymers consolidated net profit rises 42.95% in the June 2026 quarter

    20 Jul 2026

    Sales rise 53.34% to Rs 472.15 crore

    Net profit of Bhansali Engineering Polymers rose 42.95% to Rs 65.60 crore in the quarter ended June 2026 as against Rs 45.89 crore during the previous quarter ended June 2025. Sales rose 53.34% to Rs 472.15 crore in the quarter ended June 2026 as against Rs 307.91 crore during the previous quarter ended June 2025. Particulars Quarter Ended Jun. 2026 Jun. 2025 % Var. Sales 472.15 307.91 53 OPM % 17.49 17.07 - PBDT 92.71 64.16 44 PBT 90.67 61.96 46 NP 65.60 45.89 43 Powered by Capital Market - Live News

    Bhansali Engineering Polymers consolidated net profit rises 30.63% in the March 2026 quarter

    25 Apr 2026

    Sales decline 0.97% to Rs 341.61 crore

    Net profit of Bhansali Engineering Polymers rose 30.63% to Rs 51.60 crore in the quarter ended March 2026 as against Rs 39.50 crore during the previous quarter ended March 2025. Sales declined 0.97% to Rs 341.61 crore in the quarter ended March 2026 as against Rs 344.94 crore during the previous quarter ended March 2025. For the full year,net profit rose 0.08% to Rs 180.16 crore in the year ended March 2026 as against Rs 180.02 crore during the previous year ended March 2025. Sales declined 8.71% to Rs 1276.00 crore in the year ended March 2026 as against Rs 1397.74 crore during the previous year ended March 2025. Particulars Quarter Ended Year Ended Mar. 2026 Mar. 2025 % Var. Mar. 2026 Mar. 2025 % Var. Sales 341.61 344.94 -1 1276.00 1397.74 -9 OPM % 18.74 13.96 - 16.95 15.35 - PBDT 74.19 56.06 32 255.83 252.79 1 PBT 72.20 53.89 34 247.46 243.79 2 NP 51.60 39.50 31 180.16 180.02 0 Powered by Capital Market - Live News

    Bhansali Engineering Polymers consolidated net profit rises 3.38% in the December 2025 quarter

    14 Feb 2026

    Sales decline 12.85% to Rs 301.39 crore

    Net profit of Bhansali Engineering Polymers rose 3.38% to Rs 42.22 crore in the quarter ended December 2025 as against Rs 40.84 crore during the previous quarter ended December 2024. Sales declined 12.85% to Rs 301.39 crore in the quarter ended December 2025 as against Rs 345.84 crore during the previous quarter ended December 2024. Particulars Quarter Ended Dec. 2025 Dec. 2024 % Var. Sales 301.39 345.84 -13 OPM % 16.76 14.95 - PBDT 60.43 58.69 3 PBT 58.37 56.56 3 NP 42.22 40.84 3 Powered by Capital Market - Live News

    Insider Activity

    Acquisitions

    Bentley Commercial Enterprises Limited

    Promoter Group

    Acquired 300000 shares worth ₹2,90,99,490

    Reported on 31 Mar 2023

    Mode: Market Purchase

    Speedage Commercials Limited

    Promoter Group

    Acquired 300000 shares worth ₹2,87,99,100

    Reported on 31 Mar 2023

    Mode: Market Purchase

    Sheraton Properties and Finance Limited

    Promoter Group

    Acquired 400000 shares worth ₹3,84,58,000

    Reported on 31 Mar 2023

    Mode: Market Purchase

    Bhansali Innovative Finance Private Limited

    Promoter Group

    Acquired 50000 shares worth ₹48,49,140

    Reported on 31 Mar 2023

    Mode: Market Purchase

    Bhansali Engineering Industries Private Limited

    Promoter Group

    Acquired 50000 shares worth ₹48,49,965

    Reported on 31 Mar 2023

    Mode: Market Purchase

    Bhansali International Private Limited

    Promoter Group

    Acquired 48000 shares worth ₹47,00,539

    Reported on 31 Mar 2023

    Mode: Market Purchase

    Bhansali Industrial Investment & Finance Private Limited

    Promoter Group

    Acquired 125000 shares worth ₹1,19,99,788

    Reported on 31 Mar 2023

    Mode: Market Purchase

    Jayesh B. Bhansali

    Promoter & Director

    Acquired 100000 shares worth ₹91,66,000

    Reported on 28 Mar 2023

    Mode: Market Purchase

    Bentley Commercial Enterprises Limited

    Promoter

    Acquired 94806 shares worth ₹1,29,12,577

    Reported on 22 Feb 2022

    Mode: Market Purchase

    Bentley Commercial Enterprises Limited

    Promoter

    Acquired 194 shares worth ₹25,851

    Reported on 22 Feb 2022

    Mode: Market Purchase

    Bhansali Innovative Finance Private Limited

    Promoter

    Acquired 13000 shares worth ₹17,81,045

    Reported on 22 Feb 2022

    Mode: Market Purchase

    Bhansali Industrial Investment and Finance Private Limited

    Promoter

    Acquired 19000 shares worth ₹26,04,649

    Reported on 22 Feb 2022

    Mode: Market Purchase

    Speedage Commercials Limited

    Promoter

    Acquired 50000 shares worth ₹66,02,534

    Reported on 22 Feb 2022

    Mode: Market Purchase

    Speedage Commercials Limited

    Promoter

    Acquired 30000 shares worth ₹39,63,010

    Reported on 22 Feb 2022

    Mode: Market Purchase

    Bhansali Engineering Industries Private Limited

    Promoter

    Acquired 32165 shares worth ₹42,92,098

    Reported on 22 Feb 2022

    Mode: Market Purchase

    Bhansali Engineering Industries Private Limited

    Promoter

    Acquired 1835 shares worth ₹2,42,220

    Reported on 22 Feb 2022

    Mode: Market Purchase

    Sheraton Properties and Finance Limited

    Promoter

    Acquired 33000 shares worth ₹43,75,800

    Reported on 22 Feb 2022

    Mode: Market Purchase

    Sheraton Properties and Finance Limited

    Promoter

    Acquired 31235 shares worth ₹41,41,046

    Reported on 22 Feb 2022

    Mode: Market Purchase

    Sheraton Properties and Finance Limited

    Promoter

    Acquired 19765 shares worth ₹26,11,067

    Reported on 22 Feb 2022

    Mode: Market Purchase