Black Rose Industries Limited

Black Rose Industries Limited

BLACKROSE.BO
Black Rose Industries LimitedIN flagBombay Stock Exchange
111.20
INR
+0.60
- -
5.67BMarket Cap
Black Rose Industries Limited
BLACKROSE.BO
(Bombay Stock Exchange)

Recent

price

111.20

P/E

ratio

- -

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
FRC
22.62
24.12
31.51
24.45
38.42
34.75
47.05
58.1
59.88
72.74
73.78
95.17
84.29
74.4
66.2
- -
63.34
Revenue per Share
0.71
0.05
0.43
-0.58
0.1
0.32
0.98
2.3
2.72
4.05
5.38
6.25
1.55
4.16
4.16
- -
4.4
Basic EPS, GAAP
-0.78
-0.56
-0.1
-4.2
-0.17
0.98
1.18
2.19
1.98
1.91
0.85
1.62
3.35
2.71
-3.13
- -
- -
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
0.55
2.65
- -
- -
Dividend per Share
2.34
2.89
3.31
2.41
2.33
2.64
3.55
5.49
8.02
11.73
16.76
22.57
23.37
27.01
28.56
- -
1
Book Value per Share
3.07
3.13
3.55
3.46
3.44
3.87
4.85
6.92
9.47
13.18
18.11
23.78
24.47
27.81
29.08
- -
31.95
Tangible Book Value per Share
39
39
39
47
51
51
51
51
51
51
51
51
51
51
51
- -
51
Basic Weighted Avg Shares
876
934
1,220
1,152
1,960
1,772
2,399
2,963
3,054
3,710
3,763
4,854
4,299
3,795
3,373
3,230
3,230
Sales/Revenue/Turnover
5.63
1.8
3.26
-0.44
1.87
3.89
4.47
6.44
6.95
8.29
9.27
8.58
2.55
6.65
7.78
8.9
8.88
Operating Margin (%)
11
11
12
22
28
27
27
24
21
23
26
26
30
30
31
39
39
Depreciation Expense
27
2
17
-27
5
16
50
118
139
207
274
319
79
212
212
224
224
Net Income, GAAP
33.99
- -
41.28
- -
- -
35.33
33.72
27.42
28.27
24.33
25.41
25.81
27.69
25.72
25.84
25.28
25.32
Effective Tax Rate (%)
3.13
0.21
1.36
-2.36
0.27
0.91
2.09
3.97
4.55
5.57
7.29
6.57
1.84
5.59
6.28
6.94
6.94
Profit Margin (%)
25
-4
-20
-46
-9
26
106
174
299
373
578
822
842
1,012
1,091
1,202
1,202
Working Capital
33
63
85
176
206
200
195
140
106
51
31
31
30
21
16
10
10
LT Debt
119
121
138
187
193
208
255
354
484
675
930
1,223
1,271
1,451
1,529
1,694
1,694
Total Equity
13.39
- -
6.86
- -
- -
7.24
10.67
19.46
20.18
27.65
25.86
24.98
5.9
13.29
12.42
12.73
12.7
Return on Invested Capital (%)
16.02
- -
5.03
- -
- -
7.9
13.85
23.12
23.74
29.04
30.36
28
7.22
16
14.69
28.84
28.84
Return on Capital (%)
34.18
1.91
13.81
-22.49
4.55
12.68
31.84
50.98
40.3
41.05
37.78
31.81
6.76
16.53
14.97
29.78
29.78
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Sep'26
Dec'26
Mar'26
ST Debt
72
- -
4
LT Borrowings
- -
- -
- -
LT Finance Leases
11
- -
10
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
51
- -
51
Market Capitalization
5,132
4,919
3,247

Working Capital

FRC

in mil. unless spec.
Sep'26
Dec'26
Mar'26
Total Current Assets
1,609
- -
1,531
Cash, Cash Equivalents & STI
217
- -
303
Accounts Receivable, Net
593
- -
696
Inventories
681
- -
480
Total Current Liabilities
521
- -
329
Payables & Accruals
- -
- -
- -
ST Debt
72
- -
4
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
24.11%
13.16%
10.84%
Free Cash Flow
-34.13%
-75.78%
-340.74%
Net Income, GAAP
56.09%
22.95%
5.78%
Sales/Revenue/Turnover
7.54%
-1.9%
-4.25%
Total Cash Common Dividend
- -
- -
-56.6%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
876
838
936
1,144
3,795
2025
983
930
877
824
3,373
2026
598
840
751
1,040
3,230

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.79
1.19
1.07
- -
4.16
2025
0.93
0.92
1.12
1.19
4.16
2026
0.82
0.87
0.86
1.85
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.55
2025
- -
- -
- -
- -
2.65
2026
- -
- -
- -
- -
- -
Business
Black Rose Industries Limited engages in the import, distribution, export, and manufacturing of specialty and performance chemicals from its headquarters in Mumbai, India, where it was founded in 1990 as Asia Fab Limited. The company operates a chemicals distribution division serving industries including rubber and tire, dyestuffs, PET manufacturing, optical brighteners, pharmaceuticals, agrochemicals, perfumeries, and polymers with a wide range of imported and exported specialty chemicals; a manufacturing division that runs India's first acrylamide production plant (liquid and powder forms under the BRILMIDE brand), a polyacrylamide plant for the ceramics industry, and N-Methylol Acrylamide (NMA); and a textiles division producing fabrics and made-ups for industrial applications. It maintains a wholly owned subsidiary, B.R. Chemicals Co., Ltd., in Japan, and conducts operations primarily in India with international exports and sourcing. Recent developments include expansion of its acrylamide liquid manufacturing capacity from 14,000 MTPA to 20,000 MTPA with a Rs 421 lakhs investment to support merchant sales and captive polyacrylamide production; a joint feasibility study with Koei Chemical Co., Ltd. of Tokyo for potential collaboration; establishment of a new R&D facility; ongoing R&D in polyacrylamide solids and collaboration with a Japanese firm; and achievement of record turnover growth of approximately 21% year-over-year.