New Risk • Jan 29
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 Interest payments are not well covered by earnings (0.8x net interest cover). Earnings have declined by 30% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (7.1% average weekly change). Market cap is less than US$100m (₹4.22b market cap, or US$45.9m). Annonce • Jan 29
Bedmutha Industries Limited to Report Q3, 2026 Results on Feb 10, 2026 Bedmutha Industries Limited announced that they will report Q3, 2026 results on Feb 10, 2026 Annonce • Jan 06
Bedmutha Industries Limited Announces Resignation of Madhvendra Pratap Singh as Company Secretary & Compliance Officer, Effective from January 31, 2026 Bedmutha Industries Limited announced that Mr. Madhvendra Pratap Singh, has tendered his resignation from the position of Company Secretary & Compliance Officer (Key Managerial Personnel), to pursue opportunities outside the organization.
Mr. Madhvendra Pratap Singh will continue in his role until 31st January, 2026. New Risk • Nov 13
New major risk - Revenue and earnings growth Earnings have declined by 30% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (0.8x net interest cover). Earnings have declined by 30% per year over the past 5 years. Minor Risk Market cap is less than US$100m (₹3.84b market cap, or US$43.3m). Reported Earnings • Nov 13
Second quarter 2026 earnings released: ₹0.29 loss per share (vs ₹3.28 profit in 2Q 2025) Second quarter 2026 results: ₹0.29 loss per share (down from ₹3.28 profit in 2Q 2025). Revenue: ₹3.65b (up 45% from 2Q 2025). Net loss: ₹9.27m (down 109% from profit in 2Q 2025). Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 21% per year, which means it is tracking significantly ahead of earnings growth. Annonce • Nov 05
Bedmutha Industries Limited to Report Q2, 2026 Results on Nov 12, 2025 Bedmutha Industries Limited announced that they will report Q2, 2026 results on Nov 12, 2025 Annonce • Aug 28
Bedmutha Industries Limited, Annual General Meeting, Sep 29, 2025 Bedmutha Industries Limited, Annual General Meeting, Sep 29, 2025, at 11:45 Indian Standard Time. Reported Earnings • Aug 08
First quarter 2026 earnings released: ₹1.02 loss per share (vs ₹3.11 profit in 1Q 2025) First quarter 2026 results: ₹1.02 loss per share (down from ₹3.11 profit in 1Q 2025). Revenue: ₹3.11b (up 28% from 1Q 2025). Net loss: ₹33.0m (down 133% from profit in 1Q 2025). Over the last 3 years on average, earnings per share has increased by 23% per year whereas the company’s share price has increased by 26% per year. Annonce • Aug 02
Bedmutha Industries Limited to Report Q1, 2026 Results on Aug 07, 2025 Bedmutha Industries Limited announced that they will report Q1, 2026 results on Aug 07, 2025 Reported Earnings • May 26
Full year 2025 earnings released: EPS: ₹7.69 (vs ₹6.49 in FY 2024) Full year 2025 results: EPS: ₹7.69 (up from ₹6.49 in FY 2024). Revenue: ₹11.0b (up 35% from FY 2024). Net income: ₹248.2m (up 19% from FY 2024). Profit margin: 2.3% (down from 2.6% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has only increased by 28% per year, which means it is significantly lagging earnings growth. Annonce • May 16
Bedmutha Industries Limited to Report Q4, 2025 Results on May 23, 2025 Bedmutha Industries Limited announced that they will report Q4, 2025 results on May 23, 2025 Valuation Update With 7 Day Price Move • Feb 19
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to ₹157, the stock trades at a trailing P/E ratio of 17.2x. Average trailing P/E is 20x in the Metals and Mining industry in India. Total returns to shareholders of 114% over the past three years. New Risk • Feb 13
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 7.8% 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: Major Risk Interest payments are not well covered by earnings (2.0x net interest cover). Minor Risks Share price has been volatile over the past 3 months (7.8% average weekly change). Market cap is less than US$100m (₹5.70b market cap, or US$65.6m). Reported Earnings • Feb 13
Third quarter 2025 earnings released: EPS: ₹0.65 (vs ₹2.01 in 3Q 2024) Third quarter 2025 results: EPS: ₹0.65 (down from ₹2.01 in 3Q 2024). Revenue: ₹2.84b (up 48% from 3Q 2024). Net income: ₹21.1m (down 68% from 3Q 2024). Profit margin: 0.7% (down from 3.4% in 3Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 58% per year but the company’s share price has increased by 32% per year, which means it is well ahead of earnings. Annonce • Feb 06
Bedmutha Industries Limited to Report Q3, 2025 Results on Feb 12, 2025 Bedmutha Industries Limited announced that they will report Q3, 2025 results on Feb 12, 2025 Board Change • Jan 01
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Non Executive Director Sanjaya Kandpal was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Annonce • Dec 30
Bedmutha Industries Limited Announces Retirement of Vandana P. Sonwaney as Non Executive Independent Director Bedmutha Industries Limited announced that Ms. Vandana P. Sonwaney (DIN: 06955363), has completed her second term tenure of Five consecutive years as Non Executive Independent Director of the Company, at the business closing hours on December 29, 2024. Reported Earnings • Nov 17
Second quarter 2025 earnings released: EPS: ₹3.28 (vs ₹1.23 in 2Q 2024) Second quarter 2025 results: EPS: ₹3.28 (up from ₹1.23 in 2Q 2024). Revenue: ₹2.51b (up 26% from 2Q 2024). Net income: ₹106.0m (up 166% from 2Q 2024). Profit margin: 4.2% (up from 2.0% in 2Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 148 percentage points per year, which is a significant difference in performance. Annonce • Nov 06
Bedmutha Industries Limited to Report Q2, 2025 Results on Nov 11, 2024 Bedmutha Industries Limited announced that they will report Q2, 2025 results on Nov 11, 2024 Annonce • Sep 09
Bedmutha Industries Limited, Annual General Meeting, Sep 28, 2024 Bedmutha Industries Limited, Annual General Meeting, Sep 28, 2024, at 11:45 Indian Standard Time. Reported Earnings • Aug 15
First quarter 2025 earnings released: EPS: ₹3.11 (vs ₹1.15 in 1Q 2024) First quarter 2025 results: EPS: ₹3.11 (up from ₹1.15 in 1Q 2024). Revenue: ₹2.55b (up 33% from 1Q 2024). Net income: ₹100.4m (up 170% from 1Q 2024). Profit margin: 3.9% (up from 1.9% in 1Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 181 percentage points per year, which is a significant difference in performance. Annonce • Aug 06
Bedmutha Industries Limited to Report Q1, 2025 Results on Aug 14, 2024 Bedmutha Industries Limited announced that they will report Q1, 2025 results on Aug 14, 2024 Annonce • May 22
Bedmutha Industries Limited to Report Q4, 2024 Results on May 28, 2024 Bedmutha Industries Limited announced that they will report Q4, 2024 results on May 28, 2024 Buy Or Sell Opportunity • May 21
Now 25% overvalued Over the last 90 days, the stock has fallen 10% to ₹243. The fair value is estimated to be ₹195, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 20% over the last 3 years. Meanwhile, the company has become profitable. Valuation Update With 7 Day Price Move • May 16
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₹217, the stock trades at a trailing P/E ratio of 37.9x. Average trailing P/E is 24x in the Metals and Mining industry in India. Total returns to shareholders of 843% over the past three years. Valuation Update With 7 Day Price Move • Mar 11
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to ₹221, the stock trades at a trailing P/E ratio of 38.6x. Average trailing P/E is 23x in the Metals and Mining industry in India. Total returns to shareholders of 836% over the past three years. Reported Earnings • Feb 08
Third quarter 2024 earnings released: EPS: ₹2.01 (vs ₹1.65 in 3Q 2023) Third quarter 2024 results: EPS: ₹2.01 (up from ₹1.65 in 3Q 2023). Revenue: ₹2.06b (up 33% from 3Q 2023). Net income: ₹65.0m (up 22% from 3Q 2023). Profit margin: 3.2% (down from 3.4% in 3Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 57% per year but the company’s share price has increased by 128% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Jan 21
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₹248, the stock trades at a trailing P/E ratio of 46.2x. Average trailing P/E is 24x in the Metals and Mining industry in India. Total returns to shareholders of 851% over the past three years. Valuation Update With 7 Day Price Move • Jan 02
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to ₹209, the stock trades at a trailing P/E ratio of 38.9x. Average trailing P/E is 22x in the Metals and Mining industry in India. Total returns to shareholders of 656% over the past three years. Valuation Update With 7 Day Price Move • Dec 12
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₹164, the stock trades at a trailing P/E ratio of 30.6x. Average trailing P/E is 21x in the Metals and Mining industry in India. Total returns to shareholders of 526% over the past three years. Reported Earnings • Nov 11
Second quarter 2024 earnings released: EPS: ₹1.23 (vs ₹0.38 loss in 2Q 2023) Second quarter 2024 results: EPS: ₹1.23 (up from ₹0.38 loss in 2Q 2023). Revenue: ₹2.10b (up 25% from 2Q 2023). Net income: ₹39.8m (up ₹52.0m from 2Q 2023). Profit margin: 1.9% (up from net loss in 2Q 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has increased by 102% per year, which means it is well ahead of earnings. Annonce • Nov 01
Bedmutha Industries Limited to Report Q2, 2024 Results on Nov 09, 2023 Bedmutha Industries Limited announced that they will report Q2, 2024 results on Nov 09, 2023 Buying Opportunity • Oct 11
Now 21% undervalued Over the last 90 days, the stock is up 135%. The fair value is estimated to be ₹193, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 27% over the last 3 years. Meanwhile, the company has become profitable. Valuation Update With 7 Day Price Move • Sep 27
Investor sentiment improves as stock rises 27% After last week's 27% share price gain to ₹92.50, the stock trades at a trailing P/E ratio of 24.6x. Average trailing P/E is 19x in the Metals and Mining industry in India. Total returns to shareholders of 403% over the past three years. Annonce • Sep 03
Bedmutha Industries Limited, Annual General Meeting, Sep 25, 2023 Bedmutha Industries Limited, Annual General Meeting, Sep 25, 2023, at 12:00 Indian Standard Time. Agenda: To receive, consider and adopt the Audited Standalone and Consolidated Financial Statements of the Company for the Financial Year ended March 31, 2023, together with the Reports of the Board of Directors and Auditors thereon; to consider the re-appointment of directors; to consider the renewal of the related party transaction (s); to consider the modification of the related party transaction (s); to consider the authority for sale of barren land(s) [non core assets] of the company; to consider the ratification of the remuneration to be paid to the cost auditors for the financial year ending March 31, 2024; and to consider the other matters. Reported Earnings • Aug 12
First quarter 2024 earnings released: EPS: ₹1.15 (vs ₹1.43 in 1Q 2023) First quarter 2024 results: EPS: ₹1.15 (down from ₹1.43 in 1Q 2023). Revenue: ₹2.08b (up 21% from 1Q 2023). Net income: ₹37.1m (down 19% from 1Q 2023). Profit margin: 1.8% (down from 2.7% in 1Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has increased by 71% per year, which means it is tracking significantly ahead of earnings growth. Annonce • Aug 03
Bedmutha Industries Limited to Report Q1, 2024 Results on Aug 10, 2023 Bedmutha Industries Limited announced that they will report Q1, 2024 results on Aug 10, 2023 New Risk • Jul 08
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 Risk Interest payments are not well covered by earnings (1.4x net interest cover). Minor Risks Share price has been volatile over the past 3 months (7.1% average weekly change). Market cap is less than US$100m (₹2.16b market cap, or US$26.1m). Valuation Update With 7 Day Price Move • Jul 04
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹65.75, the stock trades at a trailing P/E ratio of 16.3x. Average trailing P/E is 15x in the Metals and Mining industry in India. Total returns to shareholders of 366% over the past three years. Reported Earnings • May 02
Full year 2023 earnings released: EPS: ₹4.03 (vs ₹2.91 in FY 2022) Full year 2023 results: EPS: ₹4.03 (up from ₹2.91 in FY 2022). Revenue: ₹7.48b (up 13% from FY 2022). Net income: ₹130.1m (up 39% from FY 2022). Profit margin: 1.7% (up from 1.4% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has increased by 66% per year, which means it is tracking significantly ahead of earnings growth. Board Change • May 02
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 5 highly experienced directors. Independent Director Shreekrishna Marathe was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Mar 31
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to ₹60.10, the stock trades at a trailing P/E ratio of 15.4x. Average trailing P/E is 13x in the Metals and Mining industry in India. Total returns to shareholders of 370% over the past three years. Valuation Update With 7 Day Price Move • Mar 14
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to ₹47.75, the stock trades at a trailing P/E ratio of 12.2x. Average trailing P/E is 13x in the Metals and Mining industry in India. Total returns to shareholders of 270% over the past three years. Reported Earnings • Feb 08
Third quarter 2023 earnings released: EPS: ₹1.65 (vs ₹1.27 in 3Q 2022) Third quarter 2023 results: EPS: ₹1.65 (up from ₹1.27 in 3Q 2022). Revenue: ₹1.69b (up 11% from 3Q 2022). Net income: ₹53.3m (up 30% from 3Q 2022). Profit margin: 3.2% (up from 2.7% in 3Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 54% per year whereas the company’s share price has increased by 55% per year. Valuation Update With 7 Day Price Move • Dec 23
Investor sentiment deteriorated over the past week After last week's 16% share price decline to ₹49.10, the stock trades at a trailing P/E ratio of 13.9x. Average trailing P/E is 14x in the Metals and Mining industry in India. Total returns to shareholders of 197% over the past three years. Reported Earnings • Nov 11
Second quarter 2023 earnings released Second quarter 2023 results: Revenue: ₹1.83b (down 3.3% from 2Q 2022). Net loss: ₹12.2m (down 133% from profit in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 69% per year but the company’s share price has increased by 77% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Aug 12
First quarter 2023 earnings released: EPS: ₹1.43 (vs ₹0.72 loss in 1Q 2022) First quarter 2023 results: EPS: ₹1.43 (up from ₹0.72 loss in 1Q 2022). Revenue: ₹1.88b (up 31% from 1Q 2022). Net income: ₹46.0m (up ₹69.3m from 1Q 2022). Profit margin: 2.4% (up from net loss in 1Q 2022). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 81% per year but the company’s share price has only increased by 72% per year, which means it is significantly lagging earnings growth.