Valuation Update With 7 Day Price Move • 3h
Investor sentiment deteriorates as stock falls 30% After last week's 30% share price decline to ₹58.25, the stock trades at a trailing P/E ratio of 20.1x. Average trailing P/E is 26x in the Machinery industry in India. Total loss to shareholders of 81% over the past three years. New Risk • May 18
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: ₹887.0m (US$9.20m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.3x net interest cover). Market cap is less than US$10m (₹887.0m market cap, or US$9.20m). Minor Risks Share price has been volatile over the past 3 months (10% average weekly change). Profit margins are more than 30% lower than last year (2.0% net profit margin). Reported Earnings • May 18
Full year 2026 earnings released: EPS: ₹2.89 (vs ₹9.30 in FY 2025) Full year 2026 results: EPS: ₹2.89 (down from ₹9.30 in FY 2025). Revenue: ₹1.86b (up 38% from FY 2025). Net income: ₹37.8m (down 69% from FY 2025). Profit margin: 2.0% (down from 9.0% in FY 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has fallen by 33% per year, which means it is performing significantly worse than earnings. Buy Or Sell Opportunity • May 15
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 28% to ₹75.30. The fair value is estimated to be ₹95.25, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has grown by 13%. Valuation Update With 7 Day Price Move • Apr 09
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to ₹89.85, the stock trades at a trailing P/E ratio of 9.5x. Average trailing P/E is 25x in the Machinery industry in India. Total loss to shareholders of 54% over the past three years. New Risk • Apr 07
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks High level of debt (41% net debt to equity). Share price has been volatile over the past 3 months (8.8% average weekly change). Profit margins are more than 30% lower than last year (7.3% net profit margin). Market cap is less than US$100m (₹1.16b market cap, or US$12.5m). New Risk • Mar 25
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: ₹997.5m (US$10.6m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Market cap is less than US$10m (₹997.5m market cap, or US$10.6m). Minor Risks High level of debt (41% net debt to equity). Profit margins are more than 30% lower than last year (7.3% net profit margin). Valuation Update With 7 Day Price Move • Mar 25
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₹70.50, the stock trades at a trailing P/E ratio of 7.5x. Average trailing P/E is 22x in the Machinery industry in India. Total loss to shareholders of 59% over the past three years. Buy Or Sell Opportunity • Mar 24
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 35% to ₹76.30. The fair value is estimated to be ₹97.12, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has grown by 13%. Buy Or Sell Opportunity • Dec 26
Now 20% overvalued Over the last 90 days, the stock has fallen 18% to ₹119. The fair value is estimated to be ₹98.91, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has grown by 13%. Buy Or Sell Opportunity • Dec 01
Now 20% overvalued Over the last 90 days, the stock has fallen 24% to ₹118. The fair value is estimated to be ₹97.74, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has grown by 13%. New Risk • Nov 15
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 7.3% Last year net profit margin: 14% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks High level of debt (41% net debt to equity). Share price has been volatile over the past 3 months (7.1% average weekly change). Profit margins are more than 30% lower than last year (7.3% net profit margin). Market cap is less than US$100m (₹1.77b market cap, or US$20.0m). Annonce • Nov 12
BEW Engineering Limited to Report First Half, 2026 Results on Nov 12, 2025 BEW Engineering Limited announced that they will report first half, 2026 results on Nov 12, 2025 New Risk • Nov 07
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). High level of non-cash earnings (38% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (7.1% average weekly change). Market cap is less than US$100m (₹1.76b market cap, or US$19.8m). Valuation Update With 7 Day Price Move • Oct 24
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₹145, the stock trades at a trailing P/E ratio of 15.6x. Average trailing P/E is 31x in the Machinery industry in India. Total loss to shareholders of 33% over the past three years. New Risk • Oct 08
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 27% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). High level of non-cash earnings (38% accrual ratio). Minor Risks Shareholders have been diluted in the past year (27% increase in shares outstanding). Market cap is less than US$100m (₹1.86b market cap, or US$20.9m). Annonce • Aug 29
BEW Engineering Limited, Annual General Meeting, Sep 24, 2025 BEW Engineering Limited, Annual General Meeting, Sep 24, 2025, at 15:00 Indian Standard Time. New Risk • Jun 26
New major risk - Financial position The company's debt is not well covered by operating cash flow. Currently running at an operating cash loss. This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). High level of non-cash earnings (38% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (8.3% average weekly change). Market cap is less than US$100m (₹1.75b market cap, or US$20.4m). New Risk • Jun 05
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (45% accrual ratio). Minor Risks Latest financial reports are more than 6 months old (reported September 2024 fiscal period end). Share price has been volatile over the past 3 months (8.2% average weekly change). Market cap is less than US$100m (₹1.79b market cap, or US$20.8m). New Risk • Jun 02
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (45% accrual ratio). Minor Risks Latest financial reports are more than 6 months old (reported September 2024 fiscal period end). Market cap is less than US$100m (₹1.70b market cap, or US$19.9m). Valuation Update With 7 Day Price Move • May 27
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to ₹165, the stock trades at a trailing P/E ratio of 11.1x. Average trailing P/E is 32x in the Machinery industry in India. Total loss to shareholders of 2.8% over the past three years. Annonce • May 15
BEW Engineering Limited to Report Q4, 2025 Results on May 22, 2025 BEW Engineering Limited announced that they will report Q4, 2025 results on May 22, 2025 Valuation Update With 7 Day Price Move • Apr 18
Investor sentiment improves as stock rises 23% After last week's 23% share price gain to ₹208, the stock trades at a trailing P/E ratio of 13.9x. Average trailing P/E is 32x in the Machinery industry in India. Total returns to shareholders of 5.2% over the past three years. Valuation Update With 7 Day Price Move • Apr 03
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₹167, the stock trades at a trailing P/E ratio of 11.2x. Average trailing P/E is 30x in the Machinery industry in India. Total loss to shareholders of 25% over the past three years. Annonce • Jan 01
Bew Engineering Limited Announces Demise of Prakash Bhalchandra Lade, Chairman & Director BEW Engineering Limited announced demise of Mr. Prakash Bhalchandra Lade, Chairman & Director on December 29, 2024. Valuation Update With 7 Day Price Move • Dec 03
Investor sentiment improves as stock rises 23% After last week's 23% share price gain to ₹266, the stock trades at a trailing P/E ratio of 17.8x. Average trailing P/E is 39x in the Machinery industry in India. Total returns to shareholders of 75% over the past three years. New Risk • Nov 18
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (45% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (8.5% average weekly change). Market cap is less than US$100m (₹2.24b market cap, or US$26.6m). Valuation Update With 7 Day Price Move • Nov 15
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to ₹272, the stock trades at a trailing P/E ratio of 20.7x. Average trailing P/E is 35x in the Machinery industry in India. Total returns to shareholders of 195% over the past three years. New Risk • Oct 25
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: ₹818.1m (US$9.73m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). High level of non-cash earnings (35% accrual ratio). Market cap is less than US$10m (₹818.1m market cap, or US$9.73m). Annonce • Aug 27
BEW Engineering Limited, Annual General Meeting, Sep 24, 2024 BEW Engineering Limited, Annual General Meeting, Sep 24, 2024, at 15:30 Indian Standard Time. Valuation Update With 7 Day Price Move • Jul 01
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to ₹1,687, the stock trades at a trailing P/E ratio of 32.1x. Average trailing P/E is 41x in the Machinery industry in India. Total returns to shareholders of 32% over the past year. Reported Earnings • May 15
Full year 2024 earnings released: EPS: ₹46.56 (vs ₹28.38 in FY 2023) Full year 2024 results: EPS: ₹46.56 (up from ₹28.38 in FY 2023). Revenue: ₹1.21b (up 15% from FY 2023). Net income: ₹135.6m (up 85% from FY 2023). Profit margin: 11% (up from 6.9% in FY 2023). The increase in margin was driven by higher revenue. Annonce • Feb 21
BEW Engineering Limited Announces Board Appointments BEW Engineering Limited at its EGM held on February 19, 2024, approved the appointment of Mrs. Sangita Kamble (DIN:10130251) as a Woman Independent Director and Shri Abhishek Agrawal Agarwal (DIN: 09624370) as an Independent Director. Annonce • Feb 19
BEW Engineering Limited Announces Company Secretary and Compliance Officer Changes The Board of Directors of BEW Engineering Limited at its meeting held on February 17, 2024, noted the resignation of Shri. Prasad Ramesh Khopkar as a Company Secretary and Compliance Officer with the effect from 31 January, 2024 and based on the recommendation of Nomination and Remuneration Committee, approved the appointment of Ms. Bhavna Dwarkadas Kukreja as the Company Secretary of the Company (Membership No. A70557) designated as the Key Managerial Personnel pursuant to the provisions of section 203 of the Companies Act, 2013 and Compliance Officer under Regulation 6(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (the "Listing Regulations'). Ms. Bhayna Dwarkadas Kukreja is an associate member of Institute of Company Secretaries of India having membership no. 70557 and also a law graduate. She was associated with M/s. Pramod S. Shah and Associates, practicing company secretaries firm located in Mumbai, Maharashtra. She has experience in the field of secretarial compliances, listing compliances and exposure of dealing with various regulatory authorities. She has achieved professional excellence and expertise in work. She had also completed her apprenticeship training prescribed by the ICSI from M/s. Vikas R Chomal & Associates, practicing company secretaries. Valuation Update With 7 Day Price Move • Jan 19
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to ₹1,644, the stock trades at a trailing P/E ratio of 54x. Average trailing P/E is 34x in the Machinery industry in India. Total returns to shareholders of 128% over the past year. Reported Earnings • Nov 13
First half 2024 earnings released: EPS: ₹14.34 (vs ₹14.14 in 1H 2023) First half 2024 results: EPS: ₹14.34 (up from ₹14.14 in 1H 2023). Revenue: ₹655.6m (up 38% from 1H 2023). Net income: ₹41.8m (up 14% from 1H 2023). Profit margin: 6.4% (down from 7.7% in 1H 2023). The decrease in margin was driven by higher expenses. Valuation Update With 7 Day Price Move • Sep 27
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to ₹1,654, the stock trades at a trailing P/E ratio of 58.3x. Average trailing P/E is 30x in the Machinery industry in India. Total returns to shareholders of 90% over the past year. Annonce • Aug 31
BEW Engineering Limited, Annual General Meeting, Sep 20, 2023 BEW Engineering Limited, Annual General Meeting, Sep 20, 2023, at 15:30 Indian Standard Time. Location: FE-10, M.I.D.C. Industrial Area, Phase II, Manpada Road, Dombivli East. Dist. Thane Maharashtra India Agenda: To receive, consider and adopt the Standalone Audited Financial Statements for the year ended Friday, March 31, 2023, together with the Reports of the Board of Directors and the Auditors thereon; to Appointment of Shri Prakash Bhalchandra Lade as Chairman & Director, liable to retire by rotation; to Increase in Authorized Share Capital and Alteration of Capital Clause of Memorandum of Association of the Company; to create, offer, issue and allot Convertible Share Warrants on Preferential Basis, to Non-Promoters of the Company; and to consider other matter. Valuation Update With 7 Day Price Move • May 24
Investor sentiment improves as stock rises 30% After last week's 30% share price gain to ₹1,183, the stock trades at a trailing P/E ratio of 41.7x. Average trailing P/E is 27x in the Machinery industry in India. Total returns to shareholders of 83% over the past year. Reported Earnings • May 05
Full year 2023 earnings released: EPS: ₹28.38 (vs ₹21.85 in FY 2022) Full year 2023 results: EPS: ₹28.38 (up from ₹21.85 in FY 2022). Revenue: ₹1.06b (up 6.9% from FY 2022). Net income: ₹73.2m (up 30% from FY 2022). Profit margin: 6.9% (up from 5.7% in FY 2022). The increase in margin was driven by higher revenue. Valuation Update With 7 Day Price Move • Apr 21
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₹919, the stock trades at a trailing P/E ratio of 32.8x. Average trailing P/E is 25x in the Machinery industry in India. Total returns to shareholders of 16% over the past year. Valuation Update With 7 Day Price Move • Apr 03
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹765, the stock trades at a trailing P/E ratio of 27.3x. Average trailing P/E is 22x in the Machinery industry in India. Total loss to shareholders of 3.6% over the past year. Valuation Update With 7 Day Price Move • Jan 16
Investor sentiment improved over the past week After last week's 19% share price gain to ₹738, the stock trades at a trailing P/E ratio of 26.3x. Average trailing P/E is 26x in the Machinery industry in India. Total returns to shareholders of 10% over the past year. Reported Earnings • Nov 20
Second quarter 2023 earnings released Second quarter 2023 results: EPS: ₹4.47. Net income: ₹11.5m (up ₹11.5m from 2Q 2022). Annonce • Sep 22
BEW Engineering Limited, Annual General Meeting, Sep 20, 2022 BEW Engineering Limited, Annual General Meeting, Sep 20, 2022, at 11:00 Indian Standard Time. Location: the Registered Office of the Company at FE-10, M.I.D.C. Industrial Area Phase II, Manpada Road, Dombivli East. Dist.Thane Maharashtra India Agenda: To receive, consider and adopt the Standalone Audited Financial Statements for the year ended March31 2022 and report of the Directors and Auditors thereon; to consider and appoint a director in place of Mrs. Sheela Prakash Lade who retires by rotation and being eligible, offer herself for reappointment; to consider and Re-appointment of M/s J. N. Gupta & Co., Chartered Accountants "Statutory Auditors" of the Company for the Term of 5 (Five) Year; to consider and Increase in the remuneration payable to Mr. Rohan Prakash Lade; and to consider other matter also. Valuation Update With 7 Day Price Move • Sep 02
Investor sentiment improved over the past week After last week's 18% share price gain to ₹946, the stock trades at a trailing P/E ratio of 34x. Average trailing P/E is 26x in the Machinery industry in India. Reported Earnings • Aug 12
First quarter 2023 earnings released First quarter 2023 results: EPS: ₹9.67. Revenue: ₹236.8m (flat on 1Q 2022). Net income: ₹25.0m (up ₹25.0m from 1Q 2022). Profit margin: 11% (up from null in 1Q 2022). Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment improved over the past week After last week's 21% share price gain to ₹965, the stock trades at a trailing P/E ratio of 44.2x. Average trailing P/E is 25x in the Machinery industry in India. Valuation Update With 7 Day Price Move • Jun 28
Investor sentiment improved over the past week After last week's 24% share price gain to ₹795, the stock trades at a trailing P/E ratio of 36.4x. Average trailing P/E is 24x in the Machinery industry in India. Valuation Update With 7 Day Price Move • Apr 29
Investor sentiment deteriorated over the past week After last week's 22% share price decline to ₹614, the stock trades at a trailing P/E ratio of 55.3x. Average trailing P/E is 25x in the Machinery industry in India. Valuation Update With 7 Day Price Move • Mar 09
Investor sentiment deteriorated over the past week After last week's 19% share price decline to ₹856, the stock trades at a trailing P/E ratio of 77.1x. Average trailing P/E is 22x in the Machinery industry in India. Valuation Update With 7 Day Price Move • Jan 28
Investor sentiment improved over the past week After last week's 22% share price gain to ₹830, the stock trades at a trailing P/E ratio of 74.7x. Average trailing P/E is 25x in the Machinery industry in India.