BEPL

Bhansali Engineering Polymers share price & financials

Price
₹113.1
Market cap
₹3.2k Cr
Sector
Chemicals

What Bhansali Engineering Polymers Limited does

Bhansali Engineering Polymers Limited manufactures ABS (Acrylonitrile Butadiene Styrene) and SAN (Styrene Acrylonitrile) engineering thermoplastic resins used as raw material by downstream plastics processors. It runs two manufacturing plants, at Abu Road (Rajasthan) and Satnoor (Madhya Pradesh), and sells through a network of marketing offices across India. Product development is supported by an in-house, government-recognised R&D centre and a 50:50 joint venture with Japan's Nippon A&L Inc. for grade and application development.

Manufacturing plants
2 (Abu Road, Rajasthan and Satnoor, Madhya Pradesh)
Installed ABS production capacity
75,000 TPA
Marketing/sales offices
6 (Ahmedabad, Gandhidham, Bengaluru, Gurugram, Chennai, Pune)
R&D Centre
DSIR (Govt. of India)-recognised in-house R&D Centre at Abu Road, Rajasthan
Joint venture
Bhansali Nippon A&L Private Limited, a 50:50 JV with Nippon A&L Inc. (Japan) for new-grade/application development
New product grades developed (FY25)
17 new and 12 improved ABS/SAN grades, plus 112 new colour grades
Founded 1984Headquarters Mumbai, Maharashtra Company website

Quarterly results

Q1 FY27: revenue up 53.2%, net profit up 43.5% against the same quarter last year.

₹ Cr · quarterly
Line itemQ2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26Q4 FY26Q1 FY27
Revenue367 346 345 308 325 −11%301 −13%342 −1%472 +53%
EBITDA53 52 48 53 49 −8%51 −2%64 +33%83 +57%
Net profit46 41 40 46 40 −13%42 +2%52 +30%66 +43%
How to read this

₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.

Performance +20.6% 1Y

₹80₹100₹120Sept 25Oct 25Dec 25Jan 26Mar 26Apr 26Jun 26Jul 26Sept 26

1Y: ₹106.2 on 10 Sept 2025 → ₹128.08. High ₹133.84 (8 Sept 2026), low ₹77.3 (9 Mar 2026).

Financials, as filed

Revenue fell 2.2% a year over 3 years, FY23 to FY26. Operating margin widened to 17.0%.

Year endingFY23FY24FY25FY26
Revenue₹1.4k Cr₹1.2k Cr₹1.4k Cr₹1.3k Cr
Operating profit₹176 Cr₹213 Cr₹215 Cr₹217 Cr
Operating margin12.9%17.4%15.4%17.0%
Interest₹1 Cr₹0 Cr₹0 Cr₹0 Cr
Depreciation₹10 Cr₹8 Cr₹8 Cr₹8 Cr
Net profit₹137 Cr₹179 Cr₹180 Cr₹180 Cr
Net margin10.1%14.7%12.9%14.1%
Cash from operations₹140 Cr₹231 Cr₹109 Cr₹168 Cr
Free cash flow₹135 Cr₹210 Cr₹103 Cr₹133 Cr
ROCE19.0%24.0%25.0%24.0%
How to read this

From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.

Balance sheet

Year endingFY21FY22FY23FY24FY25FY26
Equity capital₹17 Cr₹17 Cr₹17 Cr₹25 Cr₹25 Cr₹25 Cr
Reserves₹665 Cr₹965 Cr₹1.1k Cr₹898 Cr₹1.0k Cr₹1.1k Cr
Borrowings₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr
Other liabilities₹96 Cr₹127 Cr₹99 Cr₹133 Cr₹133 Cr₹202 Cr
Total liabilities₹777 Cr₹1.1k Cr₹1.2k Cr₹1.1k Cr₹1.2k Cr₹1.3k Cr
Fixed assets₹141 Cr₹145 Cr₹140 Cr₹133 Cr₹133 Cr₹133 Cr
Capital work in progress₹0 Cr₹0 Cr₹0 Cr₹19 Cr₹32 Cr₹31 Cr
Investments₹2 Cr₹2 Cr₹3 Cr₹3 Cr₹2 Cr₹2 Cr
Other assets₹634 Cr₹962 Cr₹1.0k Cr₹902 Cr₹1.0k Cr₹1.1k Cr
Total assets₹777 Cr₹1.1k Cr₹1.2k Cr₹1.1k Cr₹1.2k Cr₹1.3k Cr
How to read this

As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.

Who owns it

As disclosed at Jun 2026

Since Jun 2025, the public added +0.14 pp while DIIs trimmed −0.13 pp. The shareholder count shrank 7% to 1,11,850.

Promoters
57.5%
FIIs
1.4%
Public
41.1%

Since Jun 2025

  • Public +0.14 pp
  • DIIs −0.13 pp
  • FIIs −0.05 pp

How it drifted, 12 quarters

Sep '23Dec '24Jun '26

Ownership split by quarter, oldest first. Sep '23: Promoters 57.5%, FIIs 0.9%, DIIs 0.0%, Public 41.5%.Dec '23: Promoters 57.5%, FIIs 1.1%, DIIs 0.1%, Public 41.4%.Mar '24: Promoters 57.5%, FIIs 1.1%, DIIs 0.1%, Public 41.4%.Jun '24: Promoters 57.5%, FIIs 2.1%, DIIs 0.1%, Public 40.4%.Sep '24: Promoters 57.5%, FIIs 1.7%, DIIs 0.1%, Public 40.8%.Dec '24: Promoters 57.5%, FIIs 1.5%, DIIs 0.1%, Public 40.9%.Mar '25: Promoters 57.5%, FIIs 1.5%, DIIs 0.1%, Public 40.9%.Jun '25: Promoters 57.5%, FIIs 1.4%, DIIs 0.1%, Public 41.0%.Sep '25: Promoters 57.5%, FIIs 1.4%, Public 41.1%.Dec '25: Promoters 57.5%, FIIs 1.1%, Public 41.4%.Mar '26: Promoters 57.5%, FIIs 1.4%, Public 41.2%.Jun '26: Promoters 57.5%, FIIs 1.4%, Public 41.1%.

Who was buying across the market this quarter →

Who bought this quarter

since Mar 2026

Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.

The same filing shows 0 holders trimming and 1 off the list — both are in the register beside this.

Who is on the register

Named in the Jun 2026 filing

Every holder of Bhansali Engineering Polymers Limited above SEBI's 1% disclosure line, and what changed since Mar 2026.

HolderStakeChange
Babulal M Bhansali 9.88%unchanged
Bhansali International Pvt Ltd 9.74%unchanged
Sheraton Properties And Finance Limited 7.36%unchanged
Jayesh B Bhansali 7.03%unchanged
Bentley Commercial Enterprises Ltd 5.59%unchanged
Speedage Commercials Ltd 5.28%unchanged
Bhansali Industrial Investment & Finance Pvt Ltd 2.69%unchanged
Babulal M Bhansali Huf 2.53%unchanged
Meenakshi Bhansali 2.49%unchanged
Dhudidevi B Bhansali 2.24%unchanged
Investor Education And Protection Fund Authority Ministry Of Corporate Affairs 1.97%newly disclosed
Bhansali Innovative Finance Pvt Ltd 1.45%unchanged

A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.

What the price assumes

Fair

To justify its price of ₹128, this stock must grow earnings at 10% every year for 7 years. Our analysis caps realistic growth at ~10%. At that growth it is worth ₹127 — downside of 1%.

Growth the price implies
9.7% a year
for 7 years, fading to 4%
It has actually compounded at
9.5% a year
net profit, FY23–FY26 · EPS 9.6%
The gap
0.0 pp
-1% downside if it only repeats history
Price today ₹128.08 Value at the reference growth ₹127.36

Change the assumptions yourself →

Learn to analyse Bhansali Engineering Polymers Limited

Guides on how to read this kind of business and the numbers that matter.