Penny Stock Under Rs 50 & Re 0.26 Per Share Dividend Announced: Company Reports Net Sales of Rs 2,909.60 Crore and Net Profit of Rs 102.85 Crore

The stock is up by 27.2 per cent from its 52-week low of Rs 33 per share.

BCL Industries Limited, a Mittal Group agro-processing company established in 1976, operates across multiple sectors, including edible oils, rice, distilleries, and real estate. With a market capitalisation of over Rs 1,160 crore, the company has expanded its ethanol production capacity to 1,100 KLPD through new plants and a subsidiary expansion. BCL Industries Limited and its subsidiary, Svaksha Distillery Limited, have secured an additional order of 23,054 kilolitres (KL) of ethanol from Oil Marketing Companies (OMCs) following their participation in a January 2025 tender.

According to Quarterly Results, the net sales increased by 21 per cent to Rs 743.43 crore and the net profit increased by 16 per cent to Rs 27.56 crore in Q4FY25 compared to Q4FY24. In its annual results, the net sales increased by 32 per cent to Rs 2,909.60 crore in FY25 compared to Rs 2,200.62 crore in FY24 while the net profit increased by 7 per cent to Rs 102.85 crore in FY25 compared to Rs 95.91 crore in FY24.

Additionally, the company recommended an equity dividend of Re 0.26 per share on face value of Re 1 each i.e. for the financial year ended March 31, 2025, which shall be subject to declaration by the Members at the 49th AGM of the Company. The Dividend, if declared at the AGM, shall be paid to the shareholders within 30 days of the declaration of the same.

The company has a market cap of over Rs 1,160 crore with a PE of 12x whereas the industry PE is 31x. The stock’s 52-week high is Rs 68.83 per share while its 52-week low is Rs 33 per share. The stock is up by 27.2 per cent from its 52-week low of Rs 33 per share.

Disclaimer: The article is for informational purposes only and not investment advice.