Financials BSL Limited

Equities

BSL

INE594B01012

Textiles & Leather Goods

Market Closed - Bombay S.E. 03:30:48 17/05/2024 pm IST 5-day change 1st Jan Change
177.5 INR -1.06% Intraday chart for BSL Limited +0.23% -15.86%

Valuation

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Capitalization 1 566.6 449.3 199.7 338.1 1,151 1,592
Enterprise Value (EV) 1 2,254 2,164 1,810 1,950 3,007 5,045
P/E ratio 55.2 x 51.5 x 12 x 24.9 x 10 x 9.41 x
Yield 1.82% - - - 1.07% 0.97%
Capitalization / Revenue 0.14 x 0.1 x 0.05 x 0.11 x 0.26 x 0.34 x
EV / Revenue 0.56 x 0.49 x 0.46 x 0.61 x 0.69 x 1.07 x
EV / EBITDA 7.41 x 6.92 x 6.22 x 6.74 x 7.52 x 9.43 x
EV / FCF 38.7 x 71.5 x 10.8 x -75.4 x -21 x -2.83 x
FCF Yield 2.58% 1.4% 9.29% -1.33% -4.77% -35.3%
Price to Book 0.73 x 0.59 x 0.27 x 0.43 x 1.29 x 1.53 x
Nbr of stocks (in thousands) 10,292 10,292 10,292 10,292 10,292 10,292
Reference price 2 55.05 43.65 19.40 32.85 111.8 154.6
Announcement Date 23/08/18 09/08/19 03/09/20 28/08/21 29/08/22 01/09/23
1INR in Million2INR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: Marzo 2018 2019 2020 2021 2022 2023
Net sales 1 4,027 4,373 3,900 3,214 4,358 4,717
EBITDA 1 304.2 312.5 291 289.3 399.8 534.8
EBIT 1 128.5 148.4 161.4 168.3 284.9 426.3
Operating Margin 3.19% 3.39% 4.14% 5.24% 6.54% 9.04%
Earnings before Tax (EBT) 1 17.54 11.58 -8.657 12.3 159.8 225.6
Net income 1 10.27 8.723 16.63 13.59 114.8 169.1
Net margin 0.26% 0.2% 0.43% 0.42% 2.63% 3.58%
EPS 2 0.9980 0.8475 1.616 1.320 11.15 16.43
Free Cash Flow 1 58.24 30.26 168.3 -25.88 -143.5 -1,780
FCF margin 1.45% 0.69% 4.31% -0.81% -3.29% -37.73%
FCF Conversion (EBITDA) 19.15% 9.68% 57.83% - - -
FCF Conversion (Net income) 567.02% 346.95% 1,011.71% - - -
Dividend per Share 2 1.000 - - - 1.200 1.500
Announcement Date 23/08/18 09/08/19 03/09/20 28/08/21 29/08/22 01/09/23
1INR in Million2INR
Estimates

Balance Sheet Analysis

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net Debt 1 1,688 1,715 1,611 1,612 1,856 3,453
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 5.547 x 5.487 x 5.535 x 5.572 x 4.643 x 6.458 x
Free Cash Flow 1 58.2 30.3 168 -25.9 -144 -1,780
ROE (net income / shareholders' equity) 1.31% 1.13% 2.19% 1.77% 13.7% 17.5%
ROA (Net income/ Total Assets) 2.43% 2.8% 3.11% 3.46% 5.56% 5.99%
Assets 1 422.7 311.4 534 393.1 2,064 2,825
Book Value Per Share 2 75.50 74.60 72.90 76.10 86.80 101.0
Cash Flow per Share 2 0.2500 0.1900 0.3300 0.1100 0.2200 0.1300
Capex 1 197 41.6 20.8 18.7 161 1,671
Capex / Sales 4.89% 0.95% 0.53% 0.58% 3.69% 35.41%
Announcement Date 23/08/18 09/08/19 03/09/20 28/08/21 29/08/22 01/09/23
1INR in Million2INR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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