# Beezaasan Explotech share price today (Beezaasan Explotech Ltd, BSE: 544369)

> Beezaasan Explotech share price today: ₹725.00 at the BSE close on 3 November 2026. Beezaasan Explotech (BSE: 544369) is worth ₹1,098 crore and trades at a P/E of 82.9. > Beezaasan Explotech Ltd's share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. 544369 · Industrial Explosives · data as of 3 November 2026. Page: https://www.sectoralpha.in/stocks/beezaasan-explotech-ltd

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## Key numbers

- Price: ₹725.00
- P/E: 82.9× (higher than 97% of the last 1 year)
- Revenue (Mar 2026): ₹111 Cr (−2.6% on a year ago)
- Profit (Mar 2026): ₹5.0 Cr (+0.0% on a year ago)
- Operating margin: 7.0% (−1.0 points on a year ago)
- ROCE: 12%, FY26
- ROIC: 7.9%, against a 12.0% cost of capital: −4.1 points
- Profit that came in as cash: 47%, last 3 years

Biggest thing to watch: the P/E is higher than 97% of its own history, so the multiple has already done part of the work. ## What is the Beezaasan Explotech share price today? Beezaasan Explotech Ltd's share price was ₹725.00 at the close on 3 November 2026. It has been rising for 22 weeks. That is 70.1% above its average price over the last 200 trading days. Over the past 13 weeks it has done better than the NIFTY 500, and it has stayed ahead for 16 weeks in a row. Since its first close in our records, on 8 May 2026, it has traded between ₹228 and ₹765, and at that close it sat 93% of the way up from that low. Over the last 6 months the share price moved +207% while the NIFTY 500 moved −3%, so it is ahead of the index over that whole period. 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. ## What changed at Beezaasan Explotech this quarter? One change stood out: foreign funds (FIIs) cut their stake for 3 quarters in a row. 1. Foreign funds (FIIs) cut their stake for 3 quarters in a row From 6% to 0.1% of the company by the September 2026 quarter. ## What are Beezaasan Explotech's latest quarterly results? For January to March 2026 (the quarter ended 31 March 2026), Beezaasan Explotech reported revenue of ₹111 crore, down 2.6% from ₹114 crore a year earlier, and a profit of ₹5.00 crore, up 0.0% from ₹5.00 crore. ### Beezaasan Explotech results: January to March 2026 against a year earlier

| Measure | January to March 2026 | January to March 2025 | Change |
| --- | --- | --- | --- |
| Revenue | ₹111 crore | ₹114 crore | −2.6% |
| Profit | ₹5.00 crore | ₹5.00 crore | 0.0% |
| Earnings per share | ₹3.31 | ₹3.89 | −14.9% |
| Operating margin | 7.0% | 8.0% | −1.0 points |

The next results, for April to June 2026, were due by 14 August 2026: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter). This page shows them once our weekly data update has read them. (From the company's reported quarterly results (quarter ended 31 March 2026). Revenue and profit in ₹ crore.)

## What is the Beezaasan Explotech share price history? Beezaasan Explotech closed at ₹725.00 on 3 November 2026. Its highest weekly close since May 2026 was ₹764.90 on 9 October 2026. ### Beezaasan Explotech share price: then and now

| When | Close | Change to 3 Nov 2026 |
| --- | --- | --- |
| 1 week ago · 23 Oct 2026 | ₹692.65 | +4.7% |
| 1 month ago · 1 Oct 2026 | ₹725.05 | 0.0% |
| 6 months ago · 8 May 2026 | ₹236.25 | +206.9% |
| Earliest weekly close in our records · 8 May 2026 | ₹236.25 | +206.9% |
| Highest weekly close since May 2026 · 9 Oct 2026 | ₹764.90 | −5.2% |
| Lowest weekly close since May 2026 · 15 May 2026 | ₹228.05 | +217.9% |

Weekly closing prices. Each change is the move from that price to the 3 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes. (29 weekly closes from 8 May 2026 to 3 November 2026.)

## What is the latest news on Beezaasan Explotech? 3 Nov 2026: Beezaasan Explotech closed at ₹725.00, up 4.7% on the week and up 0.0% on the month. Results for January to March 2026: Revenue down 2.6% and profit up 0.0% on a year earlier. ## What dividend does Beezaasan Explotech pay? No. Beezaasan Explotech Ltd paid out 0% of its profit as dividends in each of its last 5 reported years, so there is no payout history to show. That comes from the filed annual statements, not an estimate (as of 3 November 2026). ## Which stock lists is Beezaasan Explotech on? Beezaasan Explotech is on one of our India lists: Momentum stocks. [Momentum stocks Market cap cr: 1052.920604211623](https://www.sectoralpha.in/momentum-stocks-india)

## Is Beezaasan Explotech profitable? Beezaasan Explotech Ltd earned ₹5.0 Cr of net profit in the Mar 2026 quarter, +0.0% on the same quarter a year earlier. Full-year FY26 profit was ₹13.0 Cr. Over 4 years profit has grown 44.3% a year on average. That is 4.5% of the quarter's revenue. The same quarter a year earlier earned ₹3.0 Cr. For the full year, FY26 profit was ₹13.0 Cr (−7.1% on the year before). Why profit moved: revenue changed −2.6% on a year earlier and the margin moved −1.0 percentage points. Sales did the work, and the margin was about flat. On average over the last four quarters, profit changed +22.2% and revenue +3.1%. Profit is growing faster than sales: fixed costs are spread over more sales, so each extra rupee of revenue adds more to profit. ## How much revenue does Beezaasan Explotech make, and is it growing? Beezaasan Explotech Ltd reported ₹111 Cr of revenue in the Mar 2026 quarter, −2.6% on the same quarter a year earlier. Over 4 years it has grown 10.7% a year on average. The last full year, FY26, came in at ₹212 Cr. FY26 revenue was ₹212 Cr, −1.4% on the year before. Recent pace: the last four quarters grew +3.1% on average, against 10.7% a year over the longer run, so this year is growing slower than its own long-run rate. ## How much of every ₹100 of sales does Beezaasan Explotech keep? Beezaasan Explotech Ltd's operating margin was 7.0% in the Mar 2026 quarter, 1.0 percentage points lower than the same quarter a year ago. Over the last four quarters it has moved +1.0 percentage points. Across 5 years it has been between 3.4% and 11.0%. The latest quarter is within that range. Why the margin moved: operating margin changed −2.2 percentage points on the year while gross margin changed +5.5 points. So the drop came mostly from the gross margin, which means input costs and prices charged. ## Is Beezaasan Explotech's profit turning into cash? Over the last 3 years, 47% of Beezaasan Explotech Ltd's reported profit came in as cash from its operations, a gap worth watching. In FY26 it brought in ₹2.0 Cr of operating cash against ₹13.0 Cr of profit. After ₹7.0 Cr of spending on assets, free cash was −₹5.0 Cr: it spent more than its operations brought in. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. Why 47% of profit came in as cash: the cash cycle got 52 days longer between FY22 and FY26, so more of each rupee of profit waits in the business before it arrives. When less than 70% of profit comes in as cash, it is the thing to watch on this page. What to look at next: less of the profit turns into cash than it should, and the cash cycle is 52 days longer. The next section looks at where the cash is stuck. ## Where does Beezaasan Explotech's cash go? Beezaasan Explotech Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 101 days in FY26, up from 49 days in FY22. It spent ₹34.0 Cr on assets over the last 3 years. Customers take 22 days to pay, and stock sits for 83 days on average. At FY26 sales of ₹212 Cr, each day of that cycle ties up about ₹0.6 Cr, so roughly ₹59.0 Cr is tied up in the business at any time. FY26: customers took 22 days to pay and stock sat for 83 days, about 2.7 months of sales sitting as stock, for a full cycle of 101 days, longer than FY22's 49. The full loop: cash goes out to suppliers and production on day 0. Stock sits for 83 days. Customers pay about 22 days after that. Suppliers are paid at 3 days. Together that makes the 101-day cycle. Spending on assets: ₹34.0 Cr over the last 3 years, against ₹8.0 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 ₹3.0 Cr (FY26): assets paid for that are not earning yet. In short: cash is getting stuck in the daily cycle, so watch the cycle more than the profit. ## What is Beezaasan Explotech's P/E ratio, and how does it compare with its own history? Beezaasan Explotech Ltd's P/E is 82.9×, near the high end of its own history: higher than 97% of past readings. Its usual P/E (the middle reading) is 26.0×, over 1 year of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth. In short: the multiple is high against its own past, so the earnings trend underneath matters more than the multiple. ## Is the Beezaasan Explotech business getting better or worse? Beezaasan Explotech Ltd's business trend cannot be read yet. There are fewer than eight usable quarters of growth figures, so there is not enough history to read the trend. This is based on 4 quarters of 1 measure, with some gaps. Why it matters: with too little history, we say so rather than guess a direction. One or more growth lines have an extreme jump caused by comparing with a near-zero or loss-making quarter. Those jumps are capped before reading and drawn at the edge of the chart, so one odd quarter does not decide the result. The return figures here are yearly, not quarterly. They show level and direction only; they can support the growth lines but never decide the reading alone. There are fewer than eight usable quarters, so this page does not guess a direction from so little history. ## How much does Beezaasan Explotech earn on its capital? Beezaasan Explotech Ltd earned a ROCE of 12% in FY26. Its return on capital used (ROIC) is 4.1 percentage points below its cost of capital, so growth here does not yet pay for the capital it uses. It comes from a 6.1% net margin and 1.04× asset turnover (sales divided by assets). Why the return is what it is (FY26): a 6.1% net margin × 1.04× asset turnover × 1.31× leverage (assets divided by equity) ≈ 8.3% on equity. The margin does its share; borrowing plays a small part, so this return is earned, not borrowed. The key test, return on capital used minus the cost of capital: 7.9% − 12.0% = −4.1 percentage points. The 12.0% is a standard assumption for the cost of capital in India, not an estimate for this company. Read the sign and size of the gap, not the decimals. Negative: growth at these returns loses value until returns improve. ## Does Beezaasan Explotech have too much debt? Beezaasan Explotech Ltd had ₹37.0 Cr of borrowings against ₹155 Cr of equity in FY26, so its debt is 0.24× its equity. Its operating profit is 11 times its interest bill. Over 4 years borrowings went from ₹24.0 Cr to ₹37.0 Cr. Over the last 3 of those years it spent ₹34.0 Cr on assets. Part of the spending on assets is being paid for with borrowed money. ## What is the Beezaasan Explotech shareholding pattern? No group of Beezaasan Explotech Ltd's owners changed its stake by a full percentage point over the last 4 quarters. This uses the four owner groups that companies report every quarter; nothing is guessed between filings. ## How far is Beezaasan Explotech from balance-sheet trouble? For Beezaasan Explotech Ltd, the Z-score is 5.59. A Z-score above about 3 is safe and below about 1.8 signals danger, so this is well clear of danger. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. Why it matters: a Z-score of 5.59 is well clear of the danger zone, so the balance sheet is not the risk here. ## How does Beezaasan Explotech rank in its industry? 46.9 out of 100, rank 4 of 4 in Industrial Explosives, with 38% of the evidence available. It is provisional, so it is ranked below companies with full evidence. Beezaasan Explotech Ltd scores 46.9 out of 100 against the 4 companies it is compared with in Industrial Explosives, ranking 4. Some evidence is missing, so the score is pulled toward the middle on purpose. The four parts add up to the total exactly: 15.1 + 9.3 + 10 + 12.5 = 46.9. This is the same number shown on the industry page; it is worked out once for the whole group and read here. What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector. ## Which companies is Beezaasan Explotech compared with? Beezaasan Explotech ranks 4 of 4 Industrial Explosives companies on the 4-Factor Sector Score, with 46.9 out of 100. 1. [Solar Industries India Ltd](https://www.sectoralpha.in/stocks/solar-industries-india-ltd) SOLARINDS · leader · Evidence leans up · 79% evidence 64.1 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 29.2/35 · Revenue 41.7% · Profit 52.9% · Operating margin change 3 points · 95% evidence Capital efficiency 22.0/25 · ROCE 38.1% · Operating margin 28% · 76% evidence Valuation 7.9/20 · P/E 85.4× · PEG n/a · 35% evidence Relative strength 5.0/20 · Lead over its industry -31.7% · Lead over NIFTY 500 22.2% · 1 year 35.7% · 100% evidence · 12 of 12 weeks ahead Exact sum: 29.2 + 22 + 7.9 + 5 = 64.1 · What this means: Earnings are strong; relative strength in its sector is -31.7% and the one-year return is 35.7%. 2. [Keltech Energies Ltd](https://www.sectoralpha.in/stocks/keltech-energies-ltd) breaking out · Evidence leans down · 69% evidence 46.8 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 11.6/35 · Revenue 13.6% · Profit 8.1% · Operating margin change -1.2 points · 95% evidence Capital efficiency 16.1/25 · ROCE 20.4% · Operating margin 7.5% · 95% evidence Valuation 6.6/20 · P/E 63.8× · PEG n/a · 35% evidence Relative strength 12.5/20 · Lead over its industry n/a · Lead over NIFTY 500 160.4% · 1 year n/a · 25% evidence · 12 of 12 weeks ahead Exact sum: 11.6 + 16.1 + 6.6 + 12.5 = 46.8 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 3. [Premier Explosives Ltd](https://www.sectoralpha.in/stocks/premier-explosives-ltd) PREMEXPLN · quiet · Most evidence points down · 97% evidence 33.5 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 2.7/35 · Revenue -26.9% · Profit -8.8% · Operating margin change -8.9 points · 100% evidence Capital efficiency 16.8/25 · ROCE 23% · Operating margin 5.7% · 100% evidence Valuation 11.2/20 · P/E 87.1× · PEG 0.97 · 85% evidence Relative strength 2.8/20 · Lead over its industry -44.4% · Lead over NIFTY 500 0.5% · 1 year -15.1% · 100% evidence · 4 of 12 weeks ahead Exact sum: 2.7 + 16.8 + 11.2 + 2.8 = 33.5 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 4. Beezaasan Explotech Ltd this page breaking out · Too little evidence to rank firmly · 38% evidence 46.9 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 15.1/35 · Revenue n/a · Profit n/a · Operating margin change -1 points · 26% evidence Capital efficiency 9.3/25 · ROCE 12.2% · Operating margin 7% · 95% evidence Valuation 10.0/20 · P/E 76.8× · PEG n/a · 0% evidence Relative strength 12.5/20 · Lead over its industry n/a · Lead over NIFTY 500 105% · 1 year n/a · 25% evidence · 12 of 12 weeks ahead Exact sum: 15.1 + 9.3 + 10 + 12.5 = 46.9 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose. Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led NIFTY 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read. The figures in this ranking come from the industry comparison: results through the Jun 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section. Related companies: [Industrial Explosives](https://www.sectoralpha.in/sectors/industrial-explosives), all 4 compared on one page. ## Which companies are close to Beezaasan Explotech in size? Beezaasan Explotech is the 4th largest of 4 Industrial Explosives companies on Sector Alpha by market value (scores of 30 October 2026). Just above it: Solar Industries India, Premier Explosives and Keltech Energies. It is the smallest. ### Industrial Explosives companies close in size

1. [Solar Industries India Ltd](https://www.sectoralpha.in/stocks/solar-industries-india-ltd) ₹1,70,121 crore
2. [Premier Explosives Ltd](https://www.sectoralpha.in/stocks/premier-explosives-ltd) ₹2,996 crore
3. [Keltech Energies Ltd](https://www.sectoralpha.in/stocks/keltech-energies-ltd) ₹1,669 crore
4. Beezaasan Explotech Ltd ₹1,018 crore

[All 4 Industrial Explosives companies, largest first](https://www.sectoralpha.in/sectors/industrial-explosives#all-companies)

### Companies close in size in other industries

1. [Dhampur Sugar Mills Ltd](https://www.sectoralpha.in/stocks/dhampur-sugar-mills-ltd) ₹1,026 crore · Sugar
2. [Allcargo Global Ltd](https://www.sectoralpha.in/stocks/allcargo-global-ltd) ₹1,022 crore
3. Beezaasan Explotech Ltd ₹1,018 crore
4. [SKM Egg Products Export (India) Ltd](https://www.sectoralpha.in/stocks/skm-egg-products-export-indialtd) ₹1,018 crore · FMCG - Animal/Polutry
5. [Reliance Industrial Infrastructure Ltd](https://www.sectoralpha.in/stocks/reliance-industrial-infrastructure-ltd) ₹1,013 crore · Logistics

## What else do people ask about Beezaasan Explotech? ### What is Beezaasan Explotech's share price today? Beezaasan Explotech Ltd's share price is ₹725.00. The whole company is worth ₹1,098 Cr on the market. In the last 52 weeks it traded between ₹228 to ₹765; today it is 93% of the way up from the low, 70.1% above its 200-day average. The price has been rising for 22 weeks (as of 3 November 2026). ### What were Beezaasan Explotech's latest quarterly results? Beezaasan Explotech Ltd reported revenue of ₹111 Cr and net profit of ₹5.0 Cr for the Mar 2026 quarter. Revenue fell 2.6% and profit rose 0.0% compared with a year earlier. Earnings per share were ₹3.31. The operating margin was 7.0%, 1.0 percentage points lower than a year earlier (as of 3 November 2026). ### What is Beezaasan Explotech's market cap? Beezaasan Explotech Ltd's market capitalisation is ₹1,098 Cr at a share price of ₹725.00. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### How is Beezaasan Explotech performing? Beezaasan Explotech Ltd's share price has been rising for 22 weeks. In its latest quarter, revenue fell 2.6% and profit rose 0.0% compared with a year earlier. Over the past 13 weeks it has done better than the NIFTY 500, for 16 weeks running (as of 3 November 2026). ### Will Beezaasan Explotech's share price go up? This page does not forecast Beezaasan Explotech Ltd's share price. What it shows instead: the share price is ₹725.00, and it has been rising for 22 weeks. Its P/E of 82.9× is higher than 97% of its own last 2 years (as of 3 November 2026). ### Who owns Beezaasan Explotech? Promoters own 75.0% of Beezaasan Explotech Ltd, foreign institutions 0.1%, domestic institutions 3.7% and the public 21.3% (latest quarter). No group of owners changed its stake by a full point over the last two years (as of 3 November 2026). ### Where is Beezaasan Explotech in its business cycle? Beezaasan Explotech Ltd's FY26 operating margin was 10.0%, against a 5-year range of 3.4% to 11.0%: the middle of its own range, neither a peak nor a low. The latest quarter was 7.0%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 3 November 2026). ### What could break the Beezaasan Explotech story? Biggest thing to watch: the P/E is higher than 97% of its own history, so the multiple has already done part of the work. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 3 November 2026). ### Is Beezaasan Explotech a stock worth studying right now? What the numbers show: Beezaasan Explotech Ltd's share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. The main open question: the next one or two quarters of results. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 3 November 2026). ## Lists

- Momentum stocks: https://www.sectoralpha.in/momentum-stocks-india

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