BMWBMW Industries Ltd.
BMW Industries Q2 FY27 Results: Consolidated Net Profit ₹21.57 Crore on Total Income of ₹195 Crore
- Earnings
- steel
Reviewed byRachit TripathiBlacklitt Research
BMW Industries (NSE: BMW) reported consolidated total income of ₹195.42 crore and net profit of ₹21.57 crore for the quarter ended 30 Sep 2026, against ₹146.96 crore and ₹15.03 crore a year earlier, it said in a filing on 05 Nov 2026. Standalone total income was ₹195.15 crore and standalone net profit was ₹21.70 crore.
Key highlights
Consolidated
Including its subsidiaries
- Total income: ₹195.42 crore, up 33.0% YoY and 10.6% QoQ
- Net profit and EPS: ₹21.57 crore, up 43.5% YoY; basic EPS ₹0.96, up 43.3% YoY
- Other income: ₹13.92 crore, up 573.4% YoY and 7.1% of total income
- Finance costs: ₹5.97 crore, up 24.2% YoY
Standalone
The company on its own, without its subsidiaries
- Total income: ₹195.15 crore, up 33.1% YoY and 10.6% QoQ
- Net profit and EPS: ₹21.70 crore, up 41.6% YoY; basic EPS ₹0.96, up 41.2% YoY
- Other income: ₹13.92 crore, up 573.4% YoY
- Dividend paid, half year: ₹9.67 crore, per the cash flow statement
Summary
| Particulars | Q2 FY27 | Q2 FY26 | YoY | Q1 FY27 | QoQ |
|---|---|---|---|---|---|
| 195.42 | 146.96 | +33.0% | 176.68 | +10.6% | |
| Revenue from operations | 181.50 | 144.89 | +25.3% | 166.00 | +9.3% |
| Other income | 13.92 | 2.07 | +573.4% | 10.68 | +30.3% |
| 21.57 | 15.03 | +43.5% | 19.04 | +13.3% | |
| Profit before tax | 28.80 | 20.68 | +39.3% | 24.99 | +15.2% |
| Finance costs | 5.97 | 4.81 | +24.2% | 5.50 | +8.6% |
| Depreciation | 13.96 | 13.49 | +3.5% | 13.88 | +0.6% |
| Tax expense | 7.23 | 5.65 | +28.0% | 5.95 | +21.5% |
| Net profit margin | 11.04% | 10.23% | +0.81 pp | 10.78% | +0.26 pp |
| EPS, basic (₹) | 0.96 | 0.67 | +43.3% | 0.85 | +12.9% |
Figures are in ₹ crore; YoY compares with Q2 FY26 and QoQ with Q1 FY27. Click Total income or Net profit to see the rows behind them.
Revenue from operations rose 25.3% YoY to ₹181.50 crore, while other income rose from ₹2.07 crore to ₹13.92 crore. Other income was 1.4% of total income a year earlier and 7.1% this quarter, and equal to 48.3% of profit before tax of ₹28.80 crore.
Net profit rose 43.5% YoY, faster than total income at 33.0%, and profit before tax rose 39.3%. Tax expense of ₹7.23 crore is 25.1% of profit before tax, against 27.3% in the year-ago quarter. Finance costs rose 24.2% to ₹5.97 crore and depreciation rose 3.5% to ₹13.96 crore. The filing does not give the reasons for the rise in other income or in finance costs.
The consolidated statement includes the subsidiary Sail Bansal Service Centre Limited. The filing gives its Group share of loss after tax as ₹33.36 lakh for the quarter and half year, and says it was not reviewed in this quarter and that management considers it not material. Net profit attributable to owners was ₹21.62 crore, while profit for the period was ₹21.57 crore; the filing gives the non-controlling interest share as a loss of ₹5.20 lakh.
| Particulars | Q2 FY27 | Q2 FY26 | YoY | Q1 FY27 | QoQ |
|---|---|---|---|---|---|
| 195.15 | 146.64 | +33.1% | 176.51 | +10.6% | |
| Revenue from operations | 181.23 | 144.57 | +25.4% | 165.83 | +9.3% |
| Other income | 13.92 | 2.07 | +573.4% | 10.68 | +30.3% |
| 21.70 | 15.32 | +41.6% | 19.24 | +12.7% | |
| Profit before tax | 28.95 | 21.06 | +37.5% | 25.22 | +14.8% |
| Finance costs | 5.97 | 4.80 | +24.2% | 5.50 | +8.6% |
| Depreciation | 13.88 | 13.44 | +3.3% | 13.81 | +0.5% |
| Tax expense | 7.26 | 5.73 | +26.5% | 5.97 | +21.5% |
| Net profit margin | 11.12% | 10.45% | +0.67 pp | 10.90% | +0.22 pp |
| EPS, basic (₹) | 0.96 | 0.68 | +41.2% | 0.86 | +11.6% |
Figures are in ₹ crore; YoY compares with Q2 FY26 and QoQ with Q1 FY27. Click Total income or Net profit to see the rows behind them.
Standalone figures track the consolidated ones closely. Total income of ₹195.15 crore is ₹0.27 crore below the consolidated figure, and standalone net profit of ₹21.70 crore is ₹0.13 crore above it. Standalone net profit rose 41.6% YoY, faster than total income at 33.1%.
Standalone revenue from operations rose 25.4% YoY to ₹181.23 crore, and other income of ₹13.92 crore is the same as in the consolidated figures. Standalone tax expense of ₹7.26 crore is 25.1% of profit before tax of ₹28.95 crore. For the half year, the filing gives current tax of ₹9.67 crore and a deferred tax charge of ₹3.56 crore.
The filing reports a gain of ₹21.98 crore on sale of property, plant and equipment in the half year, but does not give its nature or amount in more detail. The company has one operating segment, the manufacturing, selling and processing of steel.
Inference
The filing reports an income tax search under section 132 for FY 2023-24, followed by assessment orders for FY 2015-16 to 2021-22 and demand notices aggregating ₹3.95 crore. Of this, ₹83.88 lakh has been paid and recognised under current tax, and the company has received a favourable decision on it; the remaining ₹3.11 crore has been appealed to the Income Tax Appellate Tribunal. Whether that remaining amount will be paid or provided for is not stated.
The standalone statement shows dividend paid of ₹9.67 crore in the half year. The fact sheet gives no per-share dividend, record date or dividend declared for this quarter.
Filed with BSE on . Reference: Original filing (PDF)
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