BMW Industries share price today

BMW Industries Ltd's share price was ₹50.42 at the close on 6 November 2026. It has been rising for 23 weeks. That is 1.9% above its average price over the last 200 trading days. In the last 52 weeks it traded between ₹28 and ₹63, and at that close it sat 63% 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 BMW Industries Ltd is in stage 2. The phase helps read everything below.

Over the past 13 weeks it has done better than the NIFTY 500, and it has stayed ahead for 2 weeks in a row.

Over the last 7.5 years the share price moved +70% while the NIFTY 500 moved +128%, so it is behind 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.

One change stood out: lowest operating margin in 14 quarters.

1. Lowest operating margin in 14 quarters

   Operating margin was 20% in the June 2026 quarter, against 21% a year earlier.

For April to June 2026 (the quarter ended 30 June 2026), BMW Industries reported revenue of ₹166 crore, up 11.4% from ₹149 crore a year earlier, and a profit of ₹19.0 crore, up 26.7% from ₹15.0 crore.

BMW 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).

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

BMW Industries closed at ₹50.42 on 6 November 2026, up 20.7% from ₹41.78 a year earlier (7 November 2025) and up 39.3% over five years. Its highest weekly close since May 2019 was ₹82.67 on 20 January 2024.

BMW Industries share price: then and now

Weekly closing prices. Each change is the move from that price to the 6 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes.

395 weekly closes from 17 May 2019 to 6 November 2026.

6 Nov 2026: BMW Industries closed at ₹50.42, up 5.2% on the week and down 6.0% on the month. Results for April to June 2026: Revenue up 11.4% and profit up 26.7% on a year earlier.

Yes. BMW Industries Ltd paid out 12% of its profit as dividends in FY26, and it paid a dividend in 6 of its last 11 reported years. This page shows the payout as a share of profit, not an amount per share (as of 6 November 2026).

BMW Industries is on 2 of our India lists: Penny stocks and Copper & metal stocks.

BMW Industries Ltd earned ₹19.0 Cr of net profit in the Jun 2026 quarter, +26.7% on the same quarter a year earlier. That is the 3rd quarter in a row of profit growth. Full-year FY26 profit was ₹81.0 Cr. Over 10 years profit has grown 9.4% a year on average. That is 11.4% of the quarter's revenue.

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

The same quarter a year earlier earned ₹15.0 Cr.

For the full year, FY26 profit was ₹81.0 Cr (+8.0% on the year before).

Why profit moved: revenue changed +11.4% 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 +24.8% 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.

BMW Industries Ltd reported ₹166 Cr of revenue in the Jun 2026 quarter, +11.4% on the same quarter a year earlier. That is the 3rd quarter in a row with growth on the year before. Over 10 years it has grown −0.1% a year on average. The last full year, FY26, came in at ₹665 Cr.

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

The last four reported quarters add to ₹683 Cr.

FY26 revenue was ₹665 Cr, +5.7% on the year before.

Recent pace: the last four quarters grew +12.8% on average, against −0.1% a year over the longer run, so this year is growing faster than its own long-run rate.

Is growth speeding up? Revenue over the last 12 months grew +13.1%, against +5.5% a year over the last 8 quarters (accelerating); profit over the last 12 months grew +25.0%, against +9.4% a year (accelerating).

BMW Industries Ltd's operating margin was 20.0% in the Jun 2026 quarter, 1.0 percentage points lower than the same quarter a year ago. Its latest full-year margin is the highest it has ever reported. Across 11 years it has been between 16.0% and 25.0%. The latest quarter is within that range.

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 −0.8 percentage points on the year while gross margin changed +5.4 points. So the drop 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, 216% of BMW Industries Ltd's reported profit came in as cash from its operations, so the profit is backed by cash. In FY26 it brought in ₹83.0 Cr of operating cash against ₹81.0 Cr of profit.

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.

After ₹212 Cr of spending on assets, free cash was −₹129 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 216% of profit came in as cash: the cash cycle got 128 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 3.5× depreciation over three years. The next section checks what that spending is building.

BMW Industries Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 142 days in FY26, down from 270 days in FY21. It spent ₹497 Cr on assets over the last 3 years. Customers take 82 days to pay, and stock sits for 89 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 ₹665 Cr, each day of that cycle ties up about ₹1.8 Cr, so roughly ₹259 Cr is tied up in the business at any time.

FY26: customers took 82 days to pay and stock sat for 89 days, about 2.9 months of sales sitting as stock, for a full cycle of 142 days, shorter than FY21's 270.

The full loop: cash goes out to suppliers and production on day 0. Stock sits for 89 days. Customers pay about 82 days after that. Suppliers are paid at 29 days. Together that makes the 142-day cycle.

Spending on assets: ₹497 Cr over the last 3 years, against ₹141 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 ₹197 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.

BMW Industries Ltd's P/E is 13.4×, near the low end of its own history: it has been lower only 29% of the time. Its usual P/E (the middle reading) is 15.4×, over 7.5 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.

Why the multiple is where it is: over the past year earnings per share moved +8.1% while the price moved +20.7%. The price did better than earnings, which pushed the multiple up within its own range.

Where the price move came from: over 5 years the price moved +6.9% a year; about +3.1% a year came from earnings growth and about +3.8 percentage points from the multiple (the market paying more). The split is approximate (price return minus earnings growth). It shows how much of the move came from the market paying a different multiple.

In short: the multiple is low against its own past, so the earnings trend underneath matters more than the multiple.

BMW Industries Ltd's business is turning around. Profit growth has swung from −16.7% at its low to +26.7%, rising from a low 3 quarters ago (from single-quarter figures), with ROCE steady at 12.0%. This is based on 10 quarters of 3 measures, with some gaps.

Every business is somewhere on a path of getting better or worse, and this section names where. The last 12 quarters of growth in revenue, profit and earnings per share, plus the return the business earns on its capital, are read as lines. Getting worse: the lines are falling. Turning around: a low point has just formed and the last few quarters are rising from it. Getting better: the rise from the low has lasted. Growing steadily: steady growth with healthy returns. Slowing from a peak: still high, but slowing. When the lines disagree the result is mixed; too little history means no reading. CAGR (compound annual growth rate) is the steady yearly rate that would turn the starting value into the latest one. It is the fairest way to compare growth over different periods. If the 1-year figure is much bigger than the 10-year one, recent growth is running faster than the long-run trend. A dash means there is no figure for that period, or the starting year was a loss, where a growth rate means nothing.

Why it matters: a turn in growth is often where a bigger change starts. The lines say a turn is forming, so the question is whether the next quarters confirm it.

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.

This reading has some gaps: at least one line is short, or the return line is not the quarterly series, so treat it with a little more caution.

Compound annual growth rate (%)

Compound annual growth rate over each period, %. Revenue, profit and EPS come from yearly figures; the share price row is price growth over the same periods. A dash means no figure for that period, or the starting year was a loss.

BMW Industries Ltd earned a ROCE of 12% in FY26. That is up from a low of 6% in FY21. Its return on capital used (ROIC) is 4.5 percentage points below its cost of capital, so growth here does not yet pay for the capital it uses.

Return on capital employed (ROCE) is the profit the whole business earns on all the money in it, from shareholders and lenders together. It is the best single test of whether growth adds value or just size.

It comes from a 12.2% net margin and 0.52× asset turnover (sales divided by assets).

Why the return is what it is (FY26): a 12.2% net margin × 0.52× asset turnover × 1.61× leverage (assets divided by equity) ≈ 10.2% on equity. The margin does its share; borrowing is a big part of it.

The key test, return on capital used minus the cost of capital: 7.5% − 12.0% = −4.5 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.

BMW Industries Ltd had ₹368 Cr of borrowings against ₹804 Cr of equity in FY26, so its debt is 0.46× its equity. Its operating profit is 9 times its interest bill. Over 5 years borrowings went from ₹263 Cr to ₹368 Cr. Over the last 3 of those years it spent ₹497 Cr on assets.

Debt-to-equity shows how much of the business is paid for with borrowed money. Interest cover shows how many times operating profit pays the interest bill. Low debt and high cover are the safe combination.

Part of the spending on assets is being paid for with borrowed money.

No group of BMW Industries Ltd's owners changed its stake by a full percentage point over the last two years. Foreign institutions moved +0.0 points over the same period, to 0.0%. This uses the four owner groups that companies report every quarter; nothing is guessed between filings.

Who owns the company each quarter: promoters (the founders or controlling owners), foreign institutions, domestic institutions such as mutual funds, and the public. When people close to the business steadily raise their stake, that is worth noticing; a quiet list is also an answer.

Over the last two years: Promoters: +0.1 points over 8 quarters, to 74.4%; Foreign institutions: +0.0 points over 8 quarters, to 0.0%.

For BMW Industries Ltd, the Z-score is not available, so we say so rather than guess one. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. The debt, cash-flow and return sections show the balance-sheet figures we do have, each with its own date.

The Z-score estimates how far a company is from balance-sheet trouble. Above about 3 is safe; below about 1.8 is the danger zone. It was built for manufacturers, so it is not used for banks and lenders.

57.8 out of 100, rank 5 of 16 in Steel Products, with 83% of the evidence available.

BMW Industries Ltd scores 57.8 out of 100 against the 16 companies it is compared with in Steel Products, ranking 5. Relative strength against the index is 10.3%, and revenue and profit growth are weak.

The four parts add up to the total exactly: 15.9 + 13.1 + 12.9 + 15.9 = 57.8. 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.

BMW Industries ranks 5 of 16 Steel Products companies on the 4-Factor Sector Score, with 57.8 out of 100.