In the Mar 2026 quarter (standalone), BSL reported sales of ₹148 Cr, down 5.0% from Mar 2025, and net profit of −₹1 Cr, down 444.8% year on year. For the year to Mar 2026, sales were ₹658 Cr and net profit ₹2.01 Cr.
Company filings, standalone accounts; latest reported quarter Mar 2026
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 161 | 179 | 171 | 157 | 164 | 178 | 170 | 156 | 158 | 185 | 167 | 148 |
| Expenses | 145 | 163 | 153 | 140 | 148 | 162 | 154 | 143 | 146 | 170 | 154 | 138 |
| Operating Profit | 15.02 | 15.78 | 17.84 | 16.37 | 15.18 | 15.66 | 16.18 | 12.39 | 12.19 | 13.68 | 13.09 | 10.05 |
| OPM % | 9.3% | 8.8% | 10.4% | 10.5% | 9.3% | 8.8% | 9.5% | 8.0% | 7.7% | 7.4% | 7.8% | 6.8% |
| Other Income | 0.37 | 0.22 | 0.14 | 0.07 | 0.52 | 0.03 | 0.14 | 0.06 | 0.40 | 0.04 | 0.03 | 0.27 |
| Interest | 7.42 | 7.76 | 8.45 | 9.04 | 8.10 | 7.83 | 7.93 | 7.85 | 7.76 | 7.49 | 7.36 | 7.61 |
| Depreciation | 4.72 | 4.69 | 4.41 | 4.39 | 4.39 | 4.50 | 4.47 | 4.38 | 4.25 | 4.15 | 4.20 | 4.14 |
| Profit before tax | 3.23 | 3.56 | 5.11 | 2.99 | 3.20 | 3.35 | 3.93 | 0.20 | 0.56 | 2.05 | 1.54 | −1.44 |
| Tax % | 29.6% | 29.4% | 23.5% | 15.9% | 28.3% | 24.6% | 22.5% | −33.4% | 19.2% | 16.4% | 23.1% | −31.8% |
| Exceptional items | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Profit | 2.28 | 2.53 | 3.93 | 2.53 | 2.32 | 2.53 | 3.06 | 0.29 | 0.48 | 1.73 | 1.19 | −1.00 |
| EPS (Rs) | 2.20 | 2.46 | 3.80 | 2.46 | 2.23 | 2.44 | 2.95 | 0.26 | 0.45 | 1.66 | 1.14 | −0.95 |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 378 | 441 | 404 | 438 | 391 | 322 | 437 | 473 | 667 | 668 | 658 | 658 |
| Expenses | 342 | 404 | 373 | 407 | 361 | 292 | 396 | 418 | 600 | 606 | 608 | 607 |
| Operating Profit | 35.90 | 35.92 | 29.93 | 30.89 | 28.93 | 28.90 | 39.88 | 52.85 | 64.83 | 59.81 | 48.87 | 49.01 |
| OPM % | 9.9% | 8.0% | 7.0% | 7.0% | 7.0% | 9.0% | 9.0% | 10.9% | 10.0% | 9.0% | 7.0% | 7.5% |
| Other Income | 3.01 | 4.01 | 3.01 | 4.01 | 1.01 | 1.01 | 2.01 | −1.01 | 1.01 | 1.01 | 1.01 | 0.74 |
| Interest | 13.97 | 14.95 | 13.95 | 17.95 | 17.94 | 16.95 | 13.96 | 18.93 | 32.88 | 31.90 | 29.89 | 30.22 |
| Depreciation | 13.96 | 15.97 | 16.97 | 15.97 | 12.97 | 11.98 | 11.98 | 10.98 | 17.96 | 17.97 | 16.97 | 16.74 |
| Profit before tax | 10.97 | 8.97 | 1.99 | 0.99 | −0.99 | 0.99 | 15.94 | 22.93 | 14.95 | 10.96 | 2.99 | 2.71 |
| Tax % | 35.0% | 34.9% | 40.9% | 24.9% | −290.1% | −10.1% | 27.9% | 24.9% | 24.9% | 23.9% | 12.9% | — |
| Exceptional items | 0.00 | 0.00 | 1.01 | 2.01 | 0.00 | 0.00 | 0.00 | −1.01 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Profit | 7.01 | 6.01 | 1.01 | 1.01 | 2.01 | 1.01 | 11.01 | 17.02 | 11.01 | 8.01 | 2.01 | 2.40 |
| EPS (Rs) | 6.91 | 5.76 | 1.01 | 0.84 | 1.60 | 1.31 | 11.14 | 16.42 | 10.92 | 7.92 | 2.30 | 2.30 |
| Dividend payout % | 16.9% | 21.0% | 99.9% | 0.0% | 0.0% | 0.0% | 10.9% | 9.0% | 8.9% | 9.9% | 0.0% | — |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 9.97 | 9.96 | 9.96 | 9.97 | 9.97 | 9.97 | 9.97 | 9.97 | 9.96 | 9.96 | 9.96 | 9.97 |
| Reserves | 56.75 | 62.76 | 68.75 | 66.79 | 65.69 | 64.76 | 67.77 | 78.65 | 93.67 | 102 | 109 | 110 |
| Borrowings | 143 | 138 | 176 | 210 | 171 | 160 | 160 | 185 | 345 | 435 | 420 | 437 |
| Other Liabilities | 42.10 | 42.06 | 69.99 | 47.23 | 78.01 | 83.90 | 48.81 | 77.37 | 89.09 | 68.33 | 86.41 | 81.39 |
| Total Liabilities | 253 | 254 | 325 | 334 | 326 | 320 | 287 | 351 | 537 | 616 | 626 | 638 |
| Fixed Assets | 93.81 | 106 | 111 | 115 | 99.66 | 88.70 | 77.78 | 73.82 | 229 | 230 | 219 | 230 |
| CWIP | 3.01 | 2.01 | 4.01 | 1.01 | 1.01 | 0.00 | 0.00 | 7.01 | 0.00 | 0.00 | 6.01 | 17.02 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Assets | 155 | 145 | 210 | 219 | 225 | 230 | 209 | 269 | 308 | 385 | 401 | 392 |
| Inventories | 76.25 | 70.24 | 102 | 116 | 118 | 139 | 116 | 141 | 186 | 211 | 241 | 223 |
| Trade receivables | 58.77 | 58.79 | 86.70 | 85.71 | 83.71 | 68.79 | 69.76 | 88.65 | 97.60 | 144 | 131 | 143 |
| Cash & equivalents | 0.00 | 0.00 | 0.99 | 0.99 | 0.00 | 0.99 | 0.00 | 0.99 | 0.99 | 0.00 | 0.00 | 0.00 |
| Total Assets | 253 | 254 | 325 | 334 | 326 | 320 | 287 | 351 | 537 | 616 | 626 | 638 |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operating activity | 24.05 | 44.12 | 11.03 | 37.05 | 20.03 | 30.07 | 17.04 | 3.01 | 19.03 | −39.08 | 57.13 | 49.12 |
| Cash from investing activity | −14.03 | −26.05 | −24.07 | −17.04 | 0.00 | −2.01 | −1.01 | −15.04 | −160 | −20.05 | −11.03 | −39.12 |
| Cash from financing activity | −11.01 | −18.01 | 13.01 | −21.02 | −20.02 | −27.04 | −15.02 | 13.02 | 141 | 60.11 | −46.04 | −10.02 |
| Net cash flow | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 2.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Capex | 14.43 | 26.67 | 25.33 | 19.69 | 4.15 | 2.09 | 1.86 | 16.07 | 167 | 22.52 | 12.41 | 39.47 |
| Free cash flow | 11.02 | 18.04 | −13.02 | 21.04 | 20.05 | 29.07 | 15.03 | −13.04 | −141 | −60.12 | 46.11 | 10.01 |
| CFO / OP % | 67.1% | 127.1% | 38.1% | 128.1% | 69.1% | 104.1% | 52.1% | 17.1% | 43.1% | −58.9% | 94.1% | 100.1% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor days | 57 | 57 | 72 | 78 | 70 | 65 | 79 | 75 | 75 | 79 | 72 | 79 |
| Inventory days | 137 | 129 | 178 | 207 | 191 | 267 | 273 | 245 | 306 | 207 | 238 | 217 |
| Days payable | 28 | 24 | 68 | 25 | 76 | 102 | 48 | 82 | 76 | 24 | 44 | 37 |
| Cash conversion cycle | 164 | 161 | 180 | 259 | 183 | 228 | 302 | 236 | 303 | 259 | 263 | 257 |
| Working capital days | 18 | 16 | 15 | 16 | 13 | 13 | 42 | 38 | 29 | 21 | 19 | 12 |
| ROCE % | 9.0% | 11.9% | 10.0% | 5.0% | 6.0% | 7.0% | 8.0% | 12.0% | 12.0% | 9.0% | 8.0% | 6.0% |
For the Mar 2026 quarter, BSL reported sales of ₹148 Cr, down 5.0% year on year and net profit of −₹1 Cr, down 444.8% year on year. The operating margin was 6.8%.
BSL's sales for the year to Mar 2026 were ₹658 Cr; over the last twelve months they were ₹658 Cr.
Net profit for the year to Mar 2026 was ₹2.01 Cr, and ₹2.40 Cr over the last twelve months. Earnings per share over the same trailing period were ₹2.30.
BSL reported borrowings of ₹437 Cr at Mar 2026, against cash and equivalents of ₹0 Cr.
Cash from operations was ₹49.12 Cr in the year to Mar 2026; after capital spending, free cash flow was ₹10.01 Cr.