BCL Industries share price today

BCL Industries Ltd's share price was ₹28.90 at the close on 4 November 2026. It has been falling for 3 weeks. That is 15.3% below its average price over the last 200 trading days. In the last 52 weeks it traded between ₹27 and ₹39, and at that close it sat 17% of the way up from that low.

A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). Today BCL Industries Ltd is in stage 4. The phase helps read everything below.

Over the past 13 weeks it has done worse than the NIFTY 500, and it has been behind for 6 weeks running.

Over the last 11 years the share price moved +651% while the NIFTY 500 moved +249%, so it is ahead of the index over that whole period. It was last ahead over 13 weeks in the week of 25 September 2026. The chart above shows the 13-week comparison for every week.

This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.

Three changes stood out: highest quarterly profit in 15 quarters, revenue down on a year earlier for 4 quarters in a row and operating margin up 3 points on a year earlier.

1. Highest quarterly profit in 15 quarters

   Profit of ₹36 crore in the June 2026 quarter is the highest of the last 15 quarters.

   Why: Profit held up because country liquor sold more and new capacity made up for the fire hit plant, even though selling prices were weak and costs rose.

   Next results: check tank repair completion, production restoration and insurance evaluation for the fire hit ethanol plant.

   From the earnings call on 14 Aug 2026.

2. Revenue down on a year earlier for 4 quarters in a row

   In the June 2026 quarter revenue was ₹583 crore, -26.4% on a year earlier.

   Why: Revenue fell because the company exited packaged oil and closed its edible oil unit, which cut the sales it reports.

   Next results: check how much revenue the remaining soft oil refining and trading brings, since packaged oil is gone.

   From the earnings call on 14 Aug 2026.

3. Operating margin up 3 points on a year earlier

   10% in the June 2026 quarter, from 7%.

   Why: Margin rose because the distillery ran more efficiently, maize oil extraction added value, and a paddy straw boiler supplied steam and power.

   Next results: check whether margin stays near the 10 to 12 percent range management now expects, as maize and fuel costs rise.

   From the earnings call on 14 Aug 2026.

For April to June 2026 (the quarter ended 30 June 2026), BCL Industries reported revenue of ₹583 crore, down 26.4% from ₹792 crore a year earlier, and a profit of ₹36.0 crore, up 9.1% from ₹33.0 crore.

BCL Industries results: April to June 2026 against a year earlier

The next results, for July to September 2026, are due by 14 November 2026: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter).

BCL Industries' management discussed these results on a call held on 14 August 2026; what it said is further down this page.

From the company's reported quarterly results (quarter ended 30 June 2026). Revenue and profit in ₹ crore.

BCL Industries closed at ₹28.90 on 4 November 2026, down 25.6% from ₹38.87 a year earlier (7 November 2025) and up 22.6% over five years. Its highest weekly close since March 2016 was ₹83.12 on 16 February 2024.

BCL Industries share price: then and now

Weekly closing prices, adjusted for splits and bonuses so every price is on today’s share count. Each change is the move from that price to the 4 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes.

563 weekly closes from 4 March 2016 to 4 November 2026.

4 Nov 2026: BCL Industries closed at ₹28.90, down 4.2% on the week and down 7.7% on the month. 18 Sep 2026: ex-date for a dividend of ₹0.35 a share.

Earlier

• 14 Aug 2026: BCL Industries held its results call for April to June 2026. Management guided: Fire-hit ethanol plant expected to return to production within the next 15 days as tank repairs progress.
• Results for April to June 2026: Revenue down 26.4% and profit up 9.1% on a year earlier.

BCL Industries paid ₹0.35 a share in regular dividends in the 12 months to 5 November 2026 (1 payment), a yield of 1.21% at the ₹28.90 close on 4 November 2026. The last was a dividend of ₹0.35 a share, ex-date 18 September 2026.

BCL Industries dividends since 1 April 2021

Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date.

Yes. BCL Industries Ltd paid out 9% of its profit as dividends in FY26, and it paid a dividend in 8 of its last 10 reported years.

From the NSE corporate-actions record, read 5 November 2026.

On the call for April to June 2026, held on 14 August 2026, BCL Industries' management guided: Fire-hit ethanol plant expected to return to production within the next 15 days as tank repairs progress.

“The orders, particularly the machinery orders, are pretty much finalized, and everything is ready; all we have to do is press the start button. However, we want to wait and evaluate the situation for a little longer.”Kushal Mittal, on the call for April to June 2026

What management guided

• About 4.5 crore litres from the Supreme Court-linked OMC allocation expected through November.
• Operations planned to remain at 100% next year.
• Country-liquor sales planned at 30 lakh cases for the current year.
• significant marketing and sales cash required during the first 1.5-2 years.

Management’s own plans and goals, from our notes of the call. A plan is not a result.

Source: the call transcript.

From the call for April to June 2026, 14 August 2026.

When BCL Industries reports July to September 2026, these are the 4 checks that show whether the story is still on course. First: Fire-hit ethanol plant restart - check tank repair completion, production restoration and insurance evaluation.

BCL Industries is on one of our India lists: Penny stocks.

BCL Industries Ltd earned ₹36.0 Cr of net profit in the Jun 2026 quarter, +9.1% on the same quarter a year earlier. Full-year FY26 profit was ₹126 Cr. Over 9 years profit has grown 32.5% a year on average. That is 6.2% of the quarter's revenue. The same quarter a year earlier earned ₹33.0 Cr.

Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.

For the full year, FY26 profit was ₹126 Cr (+22.3% on the year before).

Why profit moved: revenue changed −26.4% on a year earlier and the margin moved +3.0 percentage points. Most of the change came from keeping more of each sale.

On average over the last four quarters, profit changed +18.9% and revenue −12.8%. Profit is growing faster than sales: fixed costs are spread over more sales, so each extra rupee of revenue adds more to profit.

BCL Industries Ltd reported ₹583 Cr of revenue in the Jun 2026 quarter, −26.4% on the same quarter a year earlier. Over 9 years it has grown 17.7% a year on average. The last full year, FY26, came in at ₹2,792 Cr. The last four reported quarters add to ₹2,582 Cr.

Revenue is everything the company billed its customers in the period.

FY26 revenue was ₹2,792 Cr, −0.8% on the year before.

Recent pace: the last four quarters grew −12.8% on average, against 17.7% a year over the longer run, so this year is growing slower than its own long-run rate.

Is growth speeding up? Revenue over the last 12 months grew −13.1%, against +5.1% a year over the last 8 quarters (rolling over); profit over the last 12 months grew +15.2%, against +12.5% a year (stabilising).

BCL Industries Ltd's operating margin was 10.0% in the Jun 2026 quarter, 3.0 percentage points higher than the same quarter a year ago. Its latest full-year margin is the highest it has ever reported. Across 10 years it has been between 6.0% and 9.0%. The latest quarter is above every full year in that period.

Operating margin is what is left from every ₹100 of sales after the costs of running the business, before interest and tax. It shows pricing power and cost control.

Why the margin moved: operating margin changed +3.7 percentage points on the year while gross margin changed +6.3 points. So the gain came mostly from the gross margin, which means input costs and prices charged.

As noted under valuation: when margins are at a record, every ratio built on profit looks better than usual, so a low multiple can mislead.

Over the last 3 years, 131% of BCL Industries Ltd's reported profit came in as cash from its operations, so the profit is backed by cash. In FY26 it brought in ₹325 Cr of operating cash against ₹126 Cr of profit. After ₹132 Cr of spending on assets, ₹193 Cr was left over as free cash.

The profit and loss account shows what was earned. The cash-flow statement shows the cash that actually came in. Comparing operating cash flow with profit is one of the best checks that a profit is real.

Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year.

Why 131% of profit came in as cash: the cash cycle got 31 days shorter between FY21 and FY26, so cash that used to wait in the business now arrives sooner.

What to look at next: the bigger use of cash is spending on new assets, at 3.1× depreciation over three years. The next section checks what that spending is building.

BCL Industries Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 49 days in FY26, down from 80 days in FY21. It spent ₹407 Cr on assets over the last 3 years. Customers take 10 days to pay, and stock sits for 47 days on average.

Working capital is the cash tied up between paying suppliers and getting paid. Debtor days: how long customers take to pay. Inventory days: how long stock sits. The cash cycle: the whole loop, in days of sales.

At FY26 sales of ₹2,792 Cr, each day of that cycle ties up about ₹7.6 Cr, so roughly ₹375 Cr is tied up in the business at any time.

FY26: customers took 10 days to pay and stock sat for 47 days, about 1.5 months of sales sitting as stock, for a full cycle of 49 days, shorter than FY21's 80.

The full loop: cash goes out to suppliers and production on day 0. Stock sits for 47 days. Customers pay about 10 days after that. Suppliers are paid at 9 days. Together that makes the 49-day cycle.

Spending on assets: ₹407 Cr over the last 3 years, against ₹133 Cr of depreciation (the yearly wear and tear on existing assets). So it is building well beyond replacing what wears out. Work still in progress is ₹7.0 Cr (FY26): assets paid for that are not earning yet.

In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns.

BCL Industries Ltd's P/E is 7.3×, near the low end of its own history: it has been lower only 20% of the time. Its usual P/E (the middle reading) is 10.8×, over 8.2 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth.

P/E is the share price divided by a year's profit per share: how many rupees the market pays for each rupee of yearly profit.

Keep one thing in mind: margins are the best this company has ever reported. A multiple that looks low against its own past can mislead when profit is at a record. If margins fall back, today's multiple is higher than it looks.