Batliboi Limited (BATLIBOI)

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Batliboi Limited (BATLIBOI) · mywealthgrid

About

Batliboi Limited manufactures industrial products within the industrials sector, with a market capitalization of ₹414.65 Cr. The company is family-owned (72% promoter stake) and has experienced significant share-price volatility over the past year, declining 26.49%, with recent results released on 2026-08-07.

Face value: ₹5

Market cap

₹389 Cr

P/E

28.8×

P/B

1.7×

Dividend yield

1.5%

ROE

7.3%

ROCE

8.8%

Debt / equity

0.35

OPM

5.4%

EPS (TTM)

₹2.9

Book value

₹48.9

52-week high

—

52-week low

Key insights

Company research notes and source-linked reviews

Key risks

Historical profitability challenge: all eight quarters from Jun 2019 to Mar 2021 reported negative net profit; verify whether Aug 2026 results confirm a sustained profitability turnaround
Weak capital efficiency: ROE of 7.28% is low and 1y share-price return of -26.49% signals market skepticism about operational improvement
Operating margin compression: reported OPM of 5.42% leaves limited buffer for input-cost volatility or competitive intensity; verify margin trends post-2021
Dividend sustainability uncertainty: company has paid dividends despite historical losses; verify current cash position and whether leverage (D/E 0.35) remains manageable

Generated analysis · source review pending

Growth drivers

Historical revenue base of ₹21–₹32 Cr (Jun 2019–Mar 2021) provides a reference point; verify whether recent quarters show expansion and whether industrial products demand or pricing are improving
Moderate financial leverage (D/E 0.35) provides headroom for organic growth investment or strategic acquisitions if profitability sustains
Aug 2026 results now available; verify whether net profit has inflected positive and can justify current PE multiple of 30.74
Industrial sector cyclicality: verify whether input costs, demand levels, and capacity utilization are inflecting upward as growth tailwinds

Generated analysis · source review pending

2,176 historical price candles were omitted because the exchange source has not been verified.

₹82.4-3.4%1Y

Quick read

rule-based

Pros

+Revenue CAGR of 15.1% over the last 5 years
+Dividend payout of 42% of profit
+High promoter holding of 72.4% with no pledge

Cons

−Low return on equity of 7.3% (3-yr avg)
−Thin operating margin of 5.4%

Research score

Structured signal from quality, growth, valuation and momentum.

61/100

Business quality: 26
Growth: 100
Valuation

Revenue & net profit

₹ crore, by fiscal year

RevenuePAT

Margins

% of revenue, by fiscal year

OPMPAT margin

Peers

Comparable companies from the narrowest available industry classification.

Screen this industry Compare top 5 side-by-side

Company	Mkt Cap	EV	Revenue	EBITDA	OPM	PAT	NPM	ROCE	ROE	WC Days
Indo-Mim LimitedINDOMIMINDOMIM	₹62,891 Cr	₹63,981 Cr	₹4,193 Cr	₹1,071 Cr	25.5%	₹534 Cr	12.7%	29.6%	21.3%	—
Aditya Infotech LimitedCPPLUSCPPLUS	₹44,797 Cr	₹44,910 Cr	₹4,883 Cr	₹709 Cr	13.4%	₹477 Cr	8.7%	33.8%	25.5%	61
Syrma Sgs Technology LimitedSYRMASYRMA	₹33,121 Cr	₹33,474 Cr	₹5,464 Cr	₹610 Cr	11.3%	₹402 Cr	7.2%	18.7%	15%	48
Honeywell Automation India LimitedHONAUTHONAUT	₹29,454 Cr	₹29,454 Cr	₹4,703 Cr	₹637 Cr	12.9%	₹551 Cr	11.2%	16.7%	12.4%	-12
Jyoti Cnc Automation LimitedJYOTICNCJYOTICNC	₹23,470 Cr	₹24,320 Cr	₹2,191 Cr	₹535 Cr	25.2%	₹322 Cr	16.1%	25.3%	18.2%	359
Kaynes Technology India LimitedKAYNESKAYNES	₹22,773 Cr	₹23,648 Cr	₹3,899 Cr	₹609 Cr	15.8%	₹346 Cr	10%	15.4%	9.6%	193
Lmw LimitedLMWLMW	₹17,706 Cr	₹17,706 Cr	₹3,374 Cr	₹219 Cr	5.3%	₹175 Cr	4.1%	6.4%	4.6%	23
Tega Industries LimitedTEGATEGA	₹15,721 Cr	₹16,039 Cr	₹3,059 Cr	₹231 Cr	13.7%	₹21 Cr	8.4%	8.5%	5.9%	153
Lloyds Engineering Works LimitedLLOYDSENGGLLOYDSENGG	₹14,553 Cr	₹14,587 Cr	₹1,611 Cr	₹229 Cr	14.5%	₹163 Cr	15.2%	17.5%	16.4%	184
Kennametal India LimitedKENNAMETKENNAMET	₹9,411 Cr	₹9,411 Cr	₹991 Cr	₹179 Cr	18.1%	₹114 Cr	11.5%	24.5%	18.5%	170
Dynamatic Technologies LimitedDYNAMATECHDYNAMATECH	₹9,354 Cr	₹9,883 Cr	₹1,675 Cr	₹200 Cr	11.3%	₹42 Cr	2%	12.3%	4.3%	142
Standard Engineering Technology LimitedSETLSETL	₹8,318 Cr	₹8,376 Cr	₹849 Cr	₹129 Cr	15.4%	₹89 Cr	10.7%	15.5%	10.7%	335

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Financials

Reported profit and loss, balance sheet, cash flow and growth history.

Annual Quarterly

Consolidated Standalone

Consolidated figures · ₹ crore

₹ Cr	Mar 2016	Mar 2017	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
	217	205	152	197	254	286	413
COGS	113	113	88	122	153	166	262
Gross profit	104	92	64	75	101	120	151
	122	112	61	67	85	103	128
Operating profit (EBITDA)	-18	-19	4	8	16	17	22
OPM %	-8.2%	-9.5%	2.4%	3.9%	6.3%	5.8%	5.4%
Depreciation	—	—	4	4	4	4	5
Interest	—	—	9	8	5	5	6
	1	2	18	2	5	6	7
Profit before tax	—	—	8	-2	11	14	18
Tax	-0	-0	-0	2	1	5	5
Tax %	—	—	-2.4%	107.1%	4.9%	34.3%	25.8%
	-0	-11	8	-5	11	9	13
PAT margin %	-0.1%	-5.6%	5.4%	-2.4%	4.2%	3.2%	3.3%
EPS (₹)	—	—	2.8	-1.6	3.7	3.2	—
EPS adjusted (₹)	-0	-2.7	2.8	-1.6	3.7	3.2	2.9
	—	—	0%	—	0%	15.8%	—
Annual report	Annual report for Mar 2016	Annual report for Mar 2017	Annual report for Mar 2021	Annual report for Mar 2022	Annual report for Mar 2023	Annual report for Mar 2024	Annual report for Mar 2025

₹ Cr	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity capital	21	21	14	14	14	14	14	14	15	24	24
Reserves	24	16	110	123	106	115	111	122	132	201	207
Minority interest	—	—	—	—	—	—	—	—	—	—	1
	50	55	63	70	67	76	73	74	77	82	80
	98	74	126	100	115	65	89	79	97	133	159
Total equity & liabilities	194	166	314	307	302	270	287	289	320	440	470
	69	60	221	202	199	195	194	193	195	207	216
CWIP	3	3	0	0	0	0	2	0	1	4	1
Investments	3	3	0	0	0	0	0	0	0	23	8
	119	100	92	104	103	75	91	96	124	206	245
Total assets	194	166	314	307	302	270	287	289	320	440	470

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Ratios

Annual operating, return, leverage and working-capital ratios.

Consolidated Standalone

Consolidated figures

Ratio	Mar 2016	Mar 2017	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Margins
Gross margin %	48%	45%	42.4%	38%	39.8%	41.9%	36.5%
EBITDA margin %	-8.2%	-9.5%	2.4%	3.9%	6.3%	5.8%	5.4%
EBIT margin %	-8.2%	-9.5%	-0.5%	2%	4.6%	4.4%	4.2%
PAT margin %	-0.1%	-5.6%	5.4%	-2.4%	4.2%	3.2%	3.3%
Working capital
Receivable days	62	47	40	35	45	48	76
Inventory days	148	113	114	103	79	99	62
Payable days	148	96	92	86	67	85	93
NWC days	62	64	62	51	58	62	45
Leverage
Current ratio	0.85	0.88	0.73	0.72	1.1	1.13	1.5
Debt to EBITDA	—	—	20.58	9.59	4.62	4.61	3.65
Debt to equity	1.11	1.46	0.58	0.58	0.54	0.53	0.36
Interest coverage	—	—	0.3	0.7	3.1	3.9	4.1
Asset turnover	1.12	1.23	0.56	0.69	0.88	0.9	0.94
Return ratios
Return on assets %	-0.1%	-6.9%	3%	-1.6%	3.7%	2.9%	3.1%
Return on capital employed %	-20.3%	-22.4%	2.2%	3.1%	7.9%	8.4%	8.8%
Return on equity %	-0.3%	-30.5%	6.3%	-3.8%	7.8%	6.3%	6%

Derived from reported annual statements. ROCE uses EBIT over capital employed (total assets less current liabilities). Day counts average the opening and closing balance; receivables turn on revenue, inventory and payables on cost of goods sold.

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Shareholding

Quarterly ownership, named holders, insider transactions and disclosed deals.

Quarterly Annual

Every quarter filed · % of equity

Holder (%)	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	74.06%	74.06%	74.06%	62.69%	62.69%	62.69%	62.69%	62.69%	72.76%	72.76%	72.55%	72.41%
FII	0%	0%	0.08%	0.05%	0.31%	0.33%	0%	0%	0%	0%	0%	0%
DII	0%	0%	0%	0.29%	0.29%	0%	0%	0%	0%	0%	0%	0%
Government	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%
	25.94%	25.94%	25.86%	36.97%	36.71%	36.98%	37.31%	37.31%	27.24%	27.24%	27.45%	27.59%
No. of shareholders	—	—	—	—	—	—	—	—	14,116	14,533	14,418	14,692

Promoter holding down 1.65 percentage points since Sep 2023.

1 deal · 9 Nov 2022 – 9 Nov 2022

Date	Client	Type	Venue	Side	Quantity	Price	Value
9 Nov 2022	ZAKI ABBAS NASSER	Bulk	BSE	Buy	2,68,480	₹51.25	₹1.38 Cr

1–1 of 1

1 / 1

Bulk deals are a client trading over 0.5% of the equity in a session, aggregated across their trades; block deals are single negotiated trades in the exchange’s block window. Each is reported by the exchange it was crossed on, so NSE and BSE rows are separate trades rather than the same trade twice.

Mr. Nirmal BhogilalExecutive Director-Chairperson
Mr. Sanjiv JoshiExecutive Director-MD
Mr. Kabir BhogilalExecutive Director
Mrs. Sheela BhogilalNon-Executive - Non Independent Director
Mr. George VergheseNon-Executive - Independent Director
Mr. Binoy ParikhNon-Executive - Independent Director
Mr. Jai DiwanjiNon-Executive - Independent Director
Mr. Aditya MalkaniNon-Executive - Independent Director
Mr. Kapil AroraChief Financial Officer
Ms. Pooja SawantCompany Secretary & Compliance Officer

Current officeholders as filed with BSE. A person holding two offices is listed once per office.

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F&O

Current futures and options contracts with compact option-chain pages.

Not in the F&O segment

Only about 210 stocks have listed futures and options. Contracts appear here for those, refreshed after each close.

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Fund holders

Mutual-fund schemes that disclosed a holding in the company.

No fund holdings on record

No scheme among the 32 fund houses on record reported a position in Batliboi Limited. Portfolios are published monthly by each AMC; coverage is still partial.

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Documents

Annual reports, exchange filings, offer documents, ratings and earnings-call material.

Announcements

Annual reports

Credit ratings

Please find attached intimation regarding Credit Rating received from Acuite Ratings & Research Limited.13 Jun 2026 from Acuite

Investor Presentation and earnings call

Aug 2026Transcript AI Summary PPT REC
May 2026Transcript AI Summary PPT

Documents link to external sources (exchange filings, company investor pages).

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Events

Upcoming dates and the company’s corporate-action history.

5

Final dividend31 Jul 2026 · ex-date₹0.6
Final dividend1 Aug 2025 · ex-date₹0.6
Final dividend6 Aug 2024 · ex-date₹0.5
Dividend dividend16 Sept 2008 · ex-date₹1
Dividend dividend19 Jul 2007 · ex-date₹2

1

Board meeting to consider results7 Aug 2026

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Announcements

Latest exchange announcements, filings and downloadable documents.

1 month 3 months 6 months 1 year All

26 announcementsExport CSV

29 Sept 2026, 4:22 pmInsider Trading / SAST

Closure of Trading Window

Closure of Trading Window PDF

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Ratio	Mar 2016	Mar 2017	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Margins
Gross margin %	48%	45%	42.4%	38%	39.8%	41.9%	36.5%
EBITDA margin %	-8.2%	-9.5%	2.4%	3.9%	6.3%	5.8%	5.4%
EBIT margin %	-8.2%	-9.5%	-0.5%	2%	4.6%	4.4%	4.2%
PAT margin %	-0.1%	-5.6%	5.4%	-2.4%	4.2%	3.2%	3.3%
Working capital
Receivable days	62	47	40	35	45	48	76
Inventory days	148	113	114	103	79	99	62
Payable days	148	96	92	86	67	85	93
NWC days	62	64	62	51	58	62	45
Leverage
Current ratio	0.85	0.88	0.73	0.72	1.1	1.13	1.5
Debt to EBITDA	—	—	20.58	9.59	4.62	4.61	3.65
Debt to equity	1.11	1.46	0.58	0.58	0.54	0.53	0.36
Interest coverage	—	—	0.3	0.7	3.1	3.9	4.1
Asset turnover	1.12	1.23	0.56	0.69	0.88	0.9	0.94
Return ratios
Return on assets %	-0.1%	-6.9%	3%	-1.6%	3.7%	2.9%	3.1%
Return on capital employed %	-20.3%	-22.4%	2.2%	3.1%	7.9%	8.4%	8.8%
Return on equity %	-0.3%	-30.5%	6.3%	-3.8%	7.8%	6.3%	6%

Date	Category	Subject	Filing
29 Sept 2026, 4:22 pm	Insider Trading / SAST Closure of Trading Window	Closure of Trading Window	PDF
2 Sept 2026, 3:12 pm	Company Update General	Disclosure Under Regulation 30 Of SEBI (Listing Obligation And Disclosure Requirement) Regulation 2015	PDF
14 Aug 2026, 4:50 pm	Company Update Earnings Call Transcript	Announcement under Regulation 30 (LODR)-Earnings Call Transcript	PDF
11 Aug 2026, 5:21 pm	Company Update Analyst / Investor Meet	Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome	PDF
11 Aug 2026, 4:44 pm	AGM/EGM AGM	Shareholder Meeting / Postal Ballot-Scrutinizer''s Report	PDF
10 Aug 2026, 5:19 pm	Company Update Newspaper Publication	Announcement under Regulation 30 (LODR)-Newspaper Publication	PDF
10 Aug 2026, 4:59 pm	Company Update Investor Presentation	Announcement under Regulation 30 (LODR)-Investor Presentation	PDF
8 Aug 2026, 2:12 pm	Company Update General	Completion Of Tenure Of An Independent Director Of The Company - Mr. George Verghese	PDF

₹ Cr	Mar 2016	Mar 2017	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	-2	-9	-3	20	1	8	2	23
	14	10	7	-3	-3	-3	-45	4
	-12	-1	-7	-11	-5	6	37	-14
Net cash flow	-1	-0	-3	6	-7	10	-6	13
Free cash flow	1	-6	-9	17	-1	2	-14	6
CFO / Operating profit %	—	—	-72.8%	259.2%	5.9%	44.8%	10.1%	—

Batliboi Limited

About

Key insights

Key risks

Growth drivers

Quick read

Pros

Cons

Research score

Revenue & net profit

Margins

Peers

Financials

Ratios

Shareholding

F&O

Not in the F&O segment

Fund holders

No fund holdings on record

Documents

Announcements

Annual reports

Credit ratings

Investor Presentation and earnings call

Events

5

1

Announcements

Not in the F&O segment

No fund holdings on record

5

1

Announcements

Annual reports

Credit ratings

Investor Presentation and earnings call

Compounded sales growth

Compounded profit growth

Return on equity

Batliboi Limited

About

Key insights

Key risks

Growth drivers

Quick read

Pros

Cons

Research score

Revenue & net profit

Margins

Peers

Financials

Profit & loss

Balance sheet

Ratios

Ratio timeline

Shareholding

Quarterly record

Bulk & block deals

Board and management

F&O

Not in the F&O segment

Fund holders

No fund holdings on record

Documents

Announcements

Annual reports

Credit ratings

Investor Presentation and earnings call

Events

Dividends5

Board meetings1

Announcements

Ratio timeline

Not in the F&O segment

No fund holdings on record

Dividends5

Board meetings1

Quarterly record

Bulk & block deals

Board and management

Announcements

Annual reports

Credit ratings

Investor Presentation and earnings call

Profit & loss

Balance sheet

Cash flow

Compounded returns

Compounded sales growth

Compounded profit growth

Return on equity

5

1

5

1