Loading...

Bhansali Engineering Polymers

NSEI:BEPL
Snowflake Description

Flawless balance sheet and good value.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
BEPL
NSEI
₹13B
Market Cap
  1. Home
  2. IN
  3. Materials
Company description

Bhansali Engineering Polymers Limited operates as an integrated petrochemical company in India and internationally. The last earnings update was 250 days ago. More info.


Add to Portfolio Compare Print
  • Bhansali Engineering Polymers has significant price volatility in the past 3 months.
BEPL Share Price and Events
7 Day Returns
0.3%
NSEI:BEPL
0.1%
IN Chemicals
0.8%
IN Market
1 Year Returns
-61.7%
NSEI:BEPL
-0.9%
IN Chemicals
-0.7%
IN Market
BEPL Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Bhansali Engineering Polymers (BEPL) 0.3% 10% -1.6% -61.7% 319.1% 523.8%
IN Chemicals 0.1% 2% 3.6% -0.9% 67.8% 198%
IN Market 0.8% 2.1% 5.8% -0.7% 41.2% 72.5%
1 Year Return vs Industry and Market
  • BEPL underperformed the Chemicals industry which returned -0.9% over the past year.
  • BEPL underperformed the Market in India which returned -0.7% over the past year.
Price Volatility
BEPL
Industry
5yr Volatility vs Market

BEPL Value

 Is Bhansali Engineering Polymers undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Bhansali Engineering Polymers to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Bhansali Engineering Polymers.

NSEI:BEPL Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Extrapolated from most recent financials. See below
Discount Rate (Cost of Equity) See below 15.7%
Perpetual Growth Rate 10-Year IN Government Bond Rate 7.6%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for NSEI:BEPL
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year IN Govt Bond Rate 7.6%
Equity Risk Premium S&P Global 8.6%
Chemicals Unlevered Beta Simply Wall St/ S&P Global 0.93
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.93 (1 + (1- 35%) (0%))
0.953
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.95
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 7.55% + (0.953 * 8.6%)
15.75%

Discounted Cash Flow Calculation for NSEI:BEPL using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Bhansali Engineering Polymers is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

NSEI:BEPL DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (INR, Millions) Source Present Value
Discounted (@ 15.75%)
2019 2,370.61 Est @ 52.21% 2,048.07
2020 3,290.72 Est @ 38.81% 2,456.18
2021 4,259.32 Est @ 29.43% 2,746.59
2022 5,233.38 Est @ 22.87% 2,915.55
2023 6,189.69 Est @ 18.27% 2,979.15
2024 7,121.63 Est @ 15.06% 2,961.34
2025 8,033.51 Est @ 12.8% 2,886.02
2026 8,935.53 Est @ 11.23% 2,773.31
2027 9,840.22 Est @ 10.12% 2,638.56
2028 10,760.50 Est @ 9.35% 2,492.76
Present value of next 10 years cash flows ₹26,897.52
NSEI:BEPL DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= ₹10,760.50 × (1 + 7.55%) ÷ (15.75% – 7.55%)
₹141,159.51
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= ₹141,159.51 ÷ (1 + 15.75%)10
₹32,700.74
NSEI:BEPL Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= ₹26,897.52 + ₹32,700.74
₹59,598.26
Equity Value per Share
(INR)
= Total value / Shares Outstanding
= ₹59,598.26 / 165.91
₹359.23
NSEI:BEPL Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in NSEI:BEPL represents 1.00185x of BSE:500052
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
1.00185x
Value per Share
(Listing Adjusted, INR)
= Value per Share (INR) x Listing Adjustment Factor
= ₹ 359.23 x 1.00185
₹359.90
Value per share (INR) From above. ₹359.90
Current discount Discount to share price of ₹81.10
= -1 x (₹81.10 - ₹359.90) / ₹359.90
77.5%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Bhansali Engineering Polymers is available for.
Intrinsic value
>50%
Share price is ₹81.1 vs Future cash flow value of ₹359.9
Current Discount Checks
For Bhansali Engineering Polymers to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Bhansali Engineering Polymers's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Bhansali Engineering Polymers's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Bhansali Engineering Polymers's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Bhansali Engineering Polymers's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NSEI:BEPL PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-03-31) in INR ₹6.03
BSE:500052 Share Price ** BSE (2019-04-18) in INR ₹80.95
India Chemicals Industry PE Ratio Median Figure of 232 Publicly-Listed Chemicals Companies 15.5x
India Market PE Ratio Median Figure of 2,738 Publicly-Listed Companies 16.33x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Bhansali Engineering Polymers.

NSEI:BEPL PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= BSE:500052 Share Price ÷ EPS (both in INR)

= 80.95 ÷ 6.03

13.43x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Bhansali Engineering Polymers is good value based on earnings compared to the IN Chemicals industry average.
  • Bhansali Engineering Polymers is good value based on earnings compared to the India market.
Price based on expected Growth
Does Bhansali Engineering Polymers's expected growth come at a high price?
Raw Data
NSEI:BEPL PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 13.43x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
-13.4%per year
India Chemicals Industry PEG Ratio Median Figure of 60 Publicly-Listed Chemicals Companies 1.28x
India Market PEG Ratio Median Figure of 584 Publicly-Listed Companies 1.32x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Bhansali Engineering Polymers, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Bhansali Engineering Polymers's assets?
Raw Data
NSEI:BEPL PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-03-31) in INR ₹15.51
BSE:500052 Share Price * BSE (2019-04-18) in INR ₹80.95
India Chemicals Industry PB Ratio Median Figure of 267 Publicly-Listed Chemicals Companies 1.51x
India Market PB Ratio Median Figure of 3,628 Publicly-Listed Companies 1.11x
NSEI:BEPL PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= BSE:500052 Share Price ÷ Book Value per Share (both in INR)

= 80.95 ÷ 15.51

5.22x

* Primary Listing of Bhansali Engineering Polymers.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Bhansali Engineering Polymers is overvalued based on assets compared to the IN Chemicals industry average.
X
Value checks
We assess Bhansali Engineering Polymers's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Chemicals industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Chemicals industry average (and greater than 0)? (1 check)
  5. Bhansali Engineering Polymers has a total score of 4/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

BEPL Future Performance

 How is Bhansali Engineering Polymers expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

  • No analysts cover Bhansali Engineering Polymers, future earnings growth has been estimated based on fundamentals.
The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
-13.4%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Bhansali Engineering Polymers expected to grow at an attractive rate?
  • Bhansali Engineering Polymers's earnings are expected to decrease over the next 1-3 years, this is below the low risk savings rate of 7.6%.
Growth vs Market Checks
  • Bhansali Engineering Polymers's earnings are expected to decrease over the next 1-3 years, this is below the India market average.
  • Unable to compare Bhansali Engineering Polymers's revenue growth to the India market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
NSEI:BEPL Future Growth Rates Data Sources
Data Point Source Value (per year)
NSEI:BEPL Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts -13.4%
India Chemicals Industry Earnings Growth Rate Market Cap Weighted Average 18.4%
India Chemicals Industry Revenue Growth Rate Market Cap Weighted Average 14.6%
India Market Earnings Growth Rate Market Cap Weighted Average 18.5%
India Market Revenue Growth Rate Market Cap Weighted Average 11.7%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NSEI:BEPL Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (1 year ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in INR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NSEI:BEPL Future Estimates Data
Date (Data in INR Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
NSEI:BEPL Past Financials Data
Date (Data in INR Millions) Revenue Cash Flow Net Income *
2018-03-31 10,317 1,920 1,000
2017-03-31 6,261 781 355
2016-03-31 5,309 559 162
2015-12-31 5,243 170
2015-09-30 5,430 164
2015-06-30 5,858 131

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Bhansali Engineering Polymers's earnings are expected to decrease over the next 1-3 years, this is not considered high growth.
  • Unable to determine if Bhansali Engineering Polymers is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NSEI:BEPL Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (1 year ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Bhansali Engineering Polymers Company Filings, last reported 1 year ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NSEI:BEPL Future Estimates Data
Date (Data in INR Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
NSEI:BEPL Past Financials Data
Date (Data in INR Millions) EPS *
2018-03-31 6.03
2017-03-31 2.14
2016-03-31 0.98
2015-12-31 1.02
2015-09-30 1.00
2015-06-30 0.83

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Bhansali Engineering Polymers will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Bhansali Engineering Polymers's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the India market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the India market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Bhansali Engineering Polymers has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

BEPL Past Performance

  How has Bhansali Engineering Polymers performed over the past 5 years?

  • Bhansali Engineering Polymers's last earnings update was 250 days ago.
The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Bhansali Engineering Polymers's growth in the last year to its industry (Chemicals).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Insufficient data to establish if Bhansali Engineering Polymers's year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare Bhansali Engineering Polymers's 1-year earnings growth to the 5-year average due to insufficient past data.
  • Bhansali Engineering Polymers's earnings growth has exceeded the IN Chemicals industry average in the past year (182.1% vs 11.9%).
Earnings and Revenue History
Bhansali Engineering Polymers's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Bhansali Engineering Polymers Company Filings, last reported 1 year ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NSEI:BEPL Past Revenue, Cash Flow and Net Income Data
Date (Data in INR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-03-31 10,316.91 1,000.27 374.27
2017-03-31 6,261.45 354.53 252.45
2016-03-31 5,308.60 161.89 231.01
2015-12-31 5,243.49 170.43 361.73
2015-09-30 5,430.06 163.69 353.88
2015-06-30 5,858.17 131.46 213.51
2015-03-31 6,010.60 48.69 213.12
2014-12-31 5,909.34 27.72 265.42
2014-09-30 5,905.22 20.20 263.69
2014-06-30 5,425.25 10.05 176.38
2014-03-31 5,069.21 14.81 247.15
2013-12-31 4,711.88 27.71 213.97
2013-09-30 4,261.63 24.06 208.86
2013-06-30 4,389.13 21.46 165.07
2013-03-31 4,189.18 11.85 201.73
2012-12-31 4,319.38 -2.22 197.31
2012-09-30 4,459.47 0.40 189.35
2012-06-30 4,196.17 -59.23 135.97

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Bhansali Engineering Polymers has efficiently used shareholders’ funds last year (Return on Equity greater than 20%).
  • Bhansali Engineering Polymers used its assets more efficiently than the IN Chemicals industry average last year based on Return on Assets.
  • Bhansali Engineering Polymers has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Bhansali Engineering Polymers's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Chemicals industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Bhansali Engineering Polymers has a total score of 4/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

BEPL Health

 How is Bhansali Engineering Polymers's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Bhansali Engineering Polymers's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Bhansali Engineering Polymers is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Bhansali Engineering Polymers's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Bhansali Engineering Polymers's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Bhansali Engineering Polymers has no debt, it does not need to be covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Bhansali Engineering Polymers Company Filings, last reported 1 year ago.

NSEI:BEPL Past Debt and Equity Data
Date (Data in INR Millions) Total Equity Total Debt Cash & Short Term Investments
2018-03-31 2,572.66 0.00 288.38
2017-03-31 1,614.57 1,371.02 17.71
2016-03-31 1,265.64 318.25 152.00
2015-12-31 1,952.56 321.26 134.04
2015-09-30 1,952.56 321.26 134.04
2015-06-30 1,856.51 413.43 144.27
2015-03-31 1,850.73 415.67 149.45
2014-12-31 1,889.40 318.31 136.41
2014-09-30 1,889.40 318.31 136.41
2014-06-30 1,907.89 583.58 135.19
2014-03-31 1,907.89 585.78 135.19
2013-12-31 1,981.74 398.75 92.42
2013-09-30 1,981.74 398.75 92.42
2013-06-30 2,007.23 297.65 104.13
2013-03-31 2,007.23 301.42 104.13
2012-12-31 2,072.40 692.25 66.60
2012-09-30 2,072.40 692.25 66.60
2012-06-30 2,110.70 559.96 77.51
  • Bhansali Engineering Polymers has no debt.
  • Bhansali Engineering Polymers has no debt compared to 5 years ago when it was 15%.
  • Bhansali Engineering Polymers has no debt, it does not need to be covered by operating cash flow.
  • Bhansali Engineering Polymers has no debt, therefore coverage of interest payments is not a concern.
X
Financial health checks
We assess Bhansali Engineering Polymers's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Bhansali Engineering Polymers has a total score of 6/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

BEPL Dividends

 What is Bhansali Engineering Polymers's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0.37%
Current annual income from Bhansali Engineering Polymers dividends.
If you bought ₹2,000 of Bhansali Engineering Polymers shares you are expected to receive ₹7 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Bhansali Engineering Polymers's pays a lower dividend yield than the bottom 25% of dividend payers in India (0.5%).
  • Bhansali Engineering Polymers's dividend is below the markets top 25% of dividend payers in India (1.92%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NSEI:BEPL Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
India Chemicals Industry Average Dividend Yield Market Cap Weighted Average of 164 Stocks 0.9%
India Market Average Dividend Yield Market Cap Weighted Average of 1400 Stocks 1.3%
India Minimum Threshold Dividend Yield 10th Percentile 0.3%
India Bottom 25% Dividend Yield 25th Percentile 0.5%
India Top 25% Dividend Yield 75th Percentile 1.9%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

NSEI:BEPL Future Dividends Estimate Data
Date (Data in ₹) Dividend per Share (annual) Avg. No. Analysts
NSEI:BEPL Past Annualized Dividends Data
Date (Data in ₹) Dividend per share (annual) Avg. Yield (%)
2018-04-16 0.300 0.300
2017-04-17 0.200 0.230
2016-05-30 0.100 0.437
2015-06-01 0.100 0.535
2014-09-03 0.100 0.589
2013-08-26 0.100 0.660
2012-08-29 0.100 0.587
2011-07-25 0.100 0.447
2010-05-03 0.000 0.000
2010-01-18 0.000 0.000
2009-11-03 0.000 0.000
2009-06-01 0.000 0.000
2009-04-21 0.100 0.731

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dividends per share have been stable in the past 10 years.
  • Dividends per share have increased over the past 10 years.
Current Payout to shareholders
What portion of Bhansali Engineering Polymers's earnings are paid to the shareholders as a dividend.
  • Dividends paid are thoroughly covered by earnings (20.1x coverage).
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Bhansali Engineering Polymers's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.3%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Bhansali Engineering Polymers afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Bhansali Engineering Polymers has a total score of 3/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

BEPL Management

 What is the CEO of Bhansali Engineering Polymers's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Babulal Bhansali
COMPENSATION ₹77,149,000
AGE 64
CEO Bio

Mr. Babulal Mishrimal Bhansali serves as the Promoter and Managing Director of Bhansali Engineering Polymers Limited and has been its Executive Director since August 9, 1984. Mr. Bhansali has been a Director at Bentley Commercial Enterprises since August 09, 1996. He has been a Non-Executive Director of Sheraton Properties & Finance Ltd. since July 30, 2004. He has been a Director of Speedage Commercials Ltd. since August 9, 1996.

CEO Compensation
  • Babulal's compensation has increased by more than 20% in the past year.
  • Babulal's remuneration is higher than average for companies of similar size in India.
Management Team Tenure

Average tenure and age of the Bhansali Engineering Polymers management team in years:

10
Average Tenure
50.5
Average Age
  • The average tenure for the Bhansali Engineering Polymers management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Babulal Bhansali

TITLE
MD, Executive Director & Promoter
COMPENSATION
₹77M
AGE
64

Jayesh Bhansali

TITLE
CFO, Executive Director & Promoter
COMPENSATION
₹77M
AGE
35
TENURE
4.8 yrs

Kenji Asakawa

TITLE
Executive Director of Technical
AGE
72
TENURE
15.4 yrs

Jung Cho

TITLE
Vice President of Marketing
AGE
41
TENURE
1.6 yrs

Kiran Bhansali

TITLE
President of Operations
COMPENSATION
₹2M
AGE
42
TENURE
15.3 yrs

Satendra Pal

TITLE
Senior Vice President of Marketing
AGE
59
Board of Directors Tenure

Average tenure and age of the Bhansali Engineering Polymers board of directors in years:

12.8
Average Tenure
64.5
Average Age
  • The average tenure for the Bhansali Engineering Polymers board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors

Munish Gupta

TITLE
Non-Executive Chairman
COMPENSATION
₹300K
AGE
80

Babulal Bhansali

TITLE
MD, Executive Director & Promoter
COMPENSATION
₹77M
AGE
64
TENURE
34.6 yrs

Jayesh Bhansali

TITLE
CFO, Executive Director & Promoter
COMPENSATION
₹77M
AGE
35
TENURE
12.8 yrs

Bakhtiar Bhesania

TITLE
Independent Director
COMPENSATION
₹360K
AGE
85
TENURE
15.9 yrs

Dilip Kumar

TITLE
Independent Director
COMPENSATION
₹150K
AGE
65
TENURE
4.9 yrs

Jasmine Batliwalla

TITLE
Independent Director
COMPENSATION
₹140K
AGE
64
TENURE
4.1 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (₹) Value (₹)
28. Sep 18 Buy Deoki Mishra Individual 27. Sep 18 27. Sep 18 4,000 ₹120.49 ₹481,963
14. Sep 18 Buy Deoki Mishra Individual 12. Sep 18 12. Sep 18 23,000 ₹120.47 ₹2,770,773
29. May 18 Buy Deoki Mishra Individual 28. May 18 28. May 18 575 ₹161.95 ₹93,121
25. May 18 Buy Deoki Mishra Individual 24. May 18 24. May 18 12,700 ₹164.50 ₹2,089,150
X
Management checks
We assess Bhansali Engineering Polymers's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Bhansali Engineering Polymers has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

BEPL News

Simply Wall St News

Bhansali Engineering Polymers Limited's (NSE:BEPL) 0.4% Dividend Yield Looks Pretty Interesting

Could Bhansali Engineering Polymers Limited (NSE:BEPL) be an attractive dividend share to own for the long haul? Investors are often drawn to a company for its dividend.. … Unfortunately, one common occurrence with dividend companies is for investors to be enticed in by the seemingly attractive yield, and lose money when the company has to cut its dividend payments.. … Before you buy any stock for its dividend however, you should always remember Warren Buffett's two rules: 1) Don't lose money, and 2) Remember rule #1

Simply Wall St -

Why You Should Like Bhansali Engineering Polymers Limited’s (NSE:BEPL) ROCE

Specifically, we'll consider its Return On Capital Employed (ROCE), since that will give us an insight into how efficiently the business can generate profits from the capital it requires. … Understanding Return On Capital Employed (ROCE). … ROCE measures the amount of pre-tax profits a company can generate from the capital employed in its business.

Simply Wall St -

Imagine Holding Bhansali Engineering Polymers (NSE:BEPL) Shares While The Price Zoomed 557% Higher

To wit, the Bhansali Engineering Polymers Limited (NSE:BEPL) share price has soared 557% over five years. … One way to examine how market sentiment has changed over time is to look at the interaction between a company's share price and its earnings per share (EPS). … During five years of share price growth, Bhansali Engineering Polymers achieved compound earnings per share (EPS) growth of 143% per year.

Simply Wall St -

How Does Bhansali Engineering Polymers Limited (NSE:BEPL) Affect Your Portfolio Volatility?

If you're interested in Bhansali Engineering Polymers Limited (NSE:BEPL), then you might want to consider its beta (a measure of share price volatility) in order to understand how the stock could impact your portfolio. … Every stock in the market is exposed to this volatility, which is linked to the fact that stocks prices are correlated in an efficient market. … Beta can be a useful tool to understand how much a stock is influenced by market risk (volatility).

Simply Wall St -

Read This Before You Buy Bhansali Engineering Polymers Limited (NSE:BEPL) Because Of Its P/E Ratio

To keep it practical, we'll show how Bhansali Engineering Polymers Limited's (NSE:BEPL) P/E ratio could help you assess the value on offer. … Bhansali Engineering Polymers has a price to earnings ratio of 11.35, based on the last twelve months. … How Do You Calculate Bhansali Engineering Polymers's P/E Ratio

Simply Wall St -

Is Bhansali Engineering Polymers Limited (NSE:BEPL) A Financially Sound Company?

However, it also faces higher cost of capital given interest cost is generally lower than equity. … Is financial flexibility worth the lower cost of capital … Debt capital generally has lower cost of capital compared to equity funding.

Simply Wall St -

Is Bhansali Engineering Polymers Limited’s (NSE:BEPL) 57% ROCE Any Good?

To be precise, we'll consider its Return On Capital Employed (ROCE), as that will inform our view of the quality of the business. … Return On Capital Employed (ROCE): What is it? … How Do You Calculate Return On Capital Employed

Simply Wall St -

Read This Before Selling Bhansali Engineering Polymers Limited (NSE:BEPL) Shares

So before you buy or sell Bhansali Engineering Polymers Limited (NSE:BEPL), you may well want to know whether insiders have been buying or selling. … Bhansali Engineering Polymers Insider Transactions Over The Last Year. … In the last twelve months there was more buying than selling by Bhansali Engineering Polymers insiders

Simply Wall St -

A Closer Look At Bhansali Engineering Polymers Limited's (NSE:BEPL) Impressive ROE

We'll use ROE to examine Bhansali Engineering Polymers Limited (NSE:BEPL), by way of a worked example. … Over the last twelve months Bhansali Engineering Polymers has recorded a ROE of 39%. … View our latest analysis for Bhansali Engineering Polymers?

Simply Wall St -

Does Bhansali Engineering Polymers Limited (NSE:BEPL) Have A High Beta?

Every stock in the market is exposed to this volatility, which is linked to the fact that stocks prices are correlated in an efficient market. … Beta can be a useful tool to understand how much a stock is influenced by market risk (volatility). … A stock with a beta below one is either less volatile than the market, or more volatile but not corellated with the overall market.

Simply Wall St -

BEPL Company Info

Description

Bhansali Engineering Polymers Limited operates as an integrated petrochemical company in India and internationally. It manufactures and sells acrylonitrile butadiene styrene (ABS) and styrene acrylonitrile (SAN) resins. The company’s products include general, heat resistant, flame retardant, transparent, and extrusion ABS; and ABS-polycarbonate alloys, glass reinforced ABS, PMMA-ABS alloys, and PVC modifiers. Its ABS resins are used as a raw material for companies dealing in automobiles, home appliances, telecommunications, luggage, bus body, and other applications. Bhansali Engineering Polymers Limited was incorporated in 1984 and is headquartered in Mumbai, India.

Details
Name: Bhansali Engineering Polymers Limited
BEPL
Exchange: NSEI
Founded: 1984
₹13,430,061,558
165,905,640
Website: http://www.bhansaliabs.com
Address: Bhansali Engineering Polymers Limited
Peninsula Heights,
401, 4th Floor,
Mumbai,
Maharashtra, 400058,
India
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
BSE 500052 Equity Shares Mumbai Stock Exchange IN INR 16. Feb 2004
NSEI BEPL Equity Shares National Stock Exchange of India IN INR 16. Feb 2004
Number of employees
Current staff
Staff numbers
456
Bhansali Engineering Polymers employees.
Industry
Commodity Chemicals
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/20 12:47
End of day share price update: 2019/04/18 00:00
Last estimates confirmation: 2018/04/13
Last earnings filing: 2018/08/13
Last earnings reported: 2018/03/31
Last annual earnings reported: 2018/03/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.