1. India Stocks

  2. •

    Consumer Cyclical

  3. •

    Apparel - Manufacturers
BSL Limited

BSL Limited

BSL.BO
BSL LimitedIN flagBombay Stock Exchange
130.70
INR
-2.20
- -
1.35BMarket Cap
BSL Limited
BSL.BO
(Bombay Stock Exchange)

Recent

price

130.70

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
263.23
295.01
286.77
328.54
369.1
367.53
423.94
388.13
419.61
375.26
309.37
421.37
456.32
638.03
648.44
638.73
636.9
Revenue per Share
5.5
0.12
0.34
3.27
6.99
6.92
5.76
1
0.85
1.62
1.32
11.15
16.43
10.91
7.93
2.31
2.3
Basic EPS, GAAP
-19.21
10.27
9.21
24.21
9.74
16.8
-11.77
36.32
19.61
25.77
14.26
-13.13
-144.03
-60.25
43.34
9.68
- -
Free Cash Flow per Basic Share
1.75
0.87
- -
- -
1.17
1.44
1.45
1.44
1.21
- -
- -
- -
1.2
1.5
1
0.8
- -
Dividend per Share
17.44
17.57
17.9
19.91
65.26
71.21
34.38
32.31
31.55
32.53
33.5
44.12
56.95
63.91
70.34
10.01
9.98
Book Value per Share
60.8
59.57
61.48
64.45
64.83
71.85
76.23
75.05
74.29
72.72
75.91
85.19
98.48
107
113.69
114.59
114.26
Tangible Book Value per Share
10
10
10
10
10
10
10
10
10
10
10
10
10
10
10
10
10
Basic Weighted Avg Shares
2,709
3,036
2,952
3,381
3,799
3,783
4,363
3,995
4,319
3,862
3,184
4,337
4,697
6,567
6,671
6,570
6,570
Sales/Revenue/Turnover
8.17
6
5.95
5.67
5.01
5.82
4.51
3.21
3.42
4.16
5.26
6.55
9.06
7.15
6.27
4.92
4.92
Operating Margin (%)
127
138
147
153
200
144
159
170
160
131
126
119
112
184
178
168
168
Depreciation Expense
57
1
3
34
72
71
59
10
9
17
14
115
169
112
82
24
24
Net Income, GAAP
40.51
80
- -
12.66
- -
35.08
34.69
41.43
24.7
- -
- -
28.19
25.04
24.78
23.87
12.74
12.74
Effective Tax Rate (%)
2.09
0.04
0.12
0.99
1.89
1.88
1.36
0.26
0.2
0.43
0.43
2.65
3.6
1.71
1.22
0.36
0.36
Profit Margin (%)
269
273
201
231
196
187
192
183
155
141
372
457
378
392
357
218
218
Working Capital
662
719
656
542
419
431
437
432
287
228
322
452
1,593
1,509
1,388
1,398
1,398
LT Debt
631
618
636
669
672
746
790
777
767
750
783
893
1,041
1,127
1,193
1,199
1,199
Total Equity
7.15
1.83
- -
8.44
- -
6.82
5.31
2.94
4.41
- -
- -
7.92
8.8
7.06
5.84
5.13
5.13
Return on Invested Capital (%)
4.07
0.08
- -
5.68
- -
6.93
6.63
3.96
6.21
- -
- -
9.53
9.31
7.48
6.5
6.11
6.11
Return on Capital (%)
35.02
0.7
1.9
17.29
16.41
10.14
10.9
2.99
2.65
5.04
4
28.74
32.51
18.06
11.81
5.75
5.75
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
ST Debt
3,032
- -
2,994
LT Borrowings
1,377
- -
1,398
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
10
- -
10
Market Capitalization
1,643
1,589
1,067

Working Capital

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
Total Current Assets
4,152
- -
3,887
Cash, Cash Equivalents & STI
13
- -
28
Accounts Receivable, Net
1,682
- -
1,428
Inventories
2,239
- -
2,221
Total Current Liabilities
3,885
- -
3,669
Payables & Accruals
- -
- -
- -
ST Debt
3,032
- -
2,994
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
5.04%
9.06%
0.54%
Free Cash Flow
-14.09%
99.42%
-77.67%
Net Income, GAAP
61.81%
132.05%
-70.87%
Sales/Revenue/Turnover
7.13%
16.88%
-1.5%
Total Cash Common Dividend
- -
- -
-20%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1,604
1,787
1,710
1,466
6,567
2025
1,637
1,781
1,698
1,555
6,671
2026
1,580
1,843
1,669
1,478
6,570

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
2.21
2.45
3.81
- -
10.91
2025
2.24
2.45
2.96
0.28
7.93
2026
0.45
1.67
1.15
-0.96
2.31

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
1.5
2025
- -
- -
- -
- -
1
2026
- -
- -
- -
- -
0.8
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Business
BSL Limited manufactures and sells polyester viscose, worsted, poly wool, vortex, cotton, and synthetic yarns; polyester viscose, worsted, fashion, wool-blended, silk, linen, and lycra-blended fabrics; men's suits; pure wool and wool cashmere fabrics; and furnishings including curtains, upholsteries, madeups, and silk fabrics in India and internationally. The company markets its products under the brand names BSL Suitings, La Italia, Geoffrey Hammonds, Geoffrey Hammonds Insignia, Unicare, and Basilio, with a strong presence in the domestic market through a widespread network of dealers, wholesalers, and agents, and significant export revenues to approximately 54-60 countries across North and South America, Europe, the Middle East, the Far East, and other regions. As South Asia's leading supplier of furnishing fabrics to IKEA and clients in 25 other nations, BSL Limited produces over 20 million meters of fabric annually at its 45-acre campus in Bhilwara, Rajasthan, supported by a workforce of 2,500 and commitments to world-class quality, sustainability, and over 30 awards in production, performance, and exports excellence. Incorporated in 1970 and headquartered in Kolkata, India, with primary operations based in Bhilwara, Rajasthan, the company operates as a vertically integrated textile entity within the weaving industry. Recent developments include the commissioning of a Rs150 crore cotton spinning unit with 30,000 spindles in Bhilwara in April 2023, enabling production of 700 tonnes of cotton yarn monthly and supporting a strategic shift into cotton alongside expansions in PV spinning, weaving, processing, furnishing business, and premium domestic brand offerings such as Geoffrey Hammonds Insignia; these initiatives underpin targets for revenue growth to INR700-900 crore by FY2024 and a $100 million turnover ambition for 2025, with Q1 FY26 results reflecting resilience through diversified segments (yarn 49%, fabric 34%, furnishing 12%) and operational efficiencies amid challenging margins.