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    Bemco Hydraulics

    Belgaum (Karnataka)-based manufacturer of hydraulic pumps, valves, motors and power packs, with subsidiary Pegasys Machines making automatic shaft-straightening machines and gear roll testers.

    Capital Goods
    Industrials

    Overview

    Price

    Market Cap

    ₹458 Cr

    Sector

    Capital Goods

    Industrials

    Rank

    Performance

    Financials

    Income Statement

    Financial Trajectories

    11
    Quarterly

    Balance Sheet

    Balance Sheet

    ₹ Cr · Annual
    Line itemFY20FY21FY22FY23FY24FY25FY26FY26
    LiabilitiesEquity Capital22222244
    Reserves3135414553687180
    Borrowings2211131422191618
    Other Liabilities2936343344464645
    Total Liabilities85859194121136137147
    AssetsFixed Assets4444444357565655
    CWIP00000001
    Investments000014515
    Other Assets4140465163757676
    Total Assets85859194121136137147

    Cash Flow

    Cash Flow

    ₹ Cr · Annual
    Line itemFY19FY20FY21FY22FY23FY24FY25FY26
    ActivitiesCash from Operating8-21212-7101316
    Cash from Investing-1-10-11-14-4-16
    Cash from Financing-73-10-6-26-6-5
    SummaryCapital Expenditure
    Free Cash Flow5-31211-771215
    FCF Margin

    Valuation

    Assumptions

    Current — 522650
    Price
    ₹87
    EPS (TTM)
    ₹3.40
    PE (TTM)
    25.6
    Profit growth
    56.2%

    The Earnings Per Share over the last 12 months.

    %

    Your assumption of the company's expected yearly EPS growth (e.g., 6 for 6%).

    Pre-filled with the lower of median (526.8×) and current (25.6×) PE — the conservative anchor.

    %

    The annualized return you aim to achieve. We solve for the price that delivers it, then compare to today's price.

    Valuation

    Current price
    ₹87
    vs
    Fair value · 15% return
    ₹429
    394%Undervalued

    At 56.2% growth and a 26× exit, ₹87 only delivers your return if you pay ₹429. The price is currently baking in 17% growth.

    EPS grows 56.2%/yr for 5 years, then fades to 6% over 2, exits at 26×.

    YearGrowthEPS (₹)
    FY2756.2%5.31
    FY2856.2%8.30
    FY2956.2%12.96
    FY3056.2%20.24
    FY3156.2%31.61
    FY3231.1% ·fade41.45
    FY336.0% ·fade43.93

    Methodology: we discount normalized net profit as a proxy for owner earnings (an earnings-power approximation — not full free cash flow). Terminal growth is capped at 6% (≈ nominal GDP) regardless of the required return. This is an analytical tool, not investment advice.

    Learn to analyse Bemco Hydraulics

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