Bansal Roofing Products Ltd (BRPL)

About

Bansal Roofing Products manufactures iron and steel roofing products within the Industrial Products sector. With a market cap of ₹170 Cr and quarterly standalone revenues in the ₹16–₹29 Cr range, it is a small-cap player in the fragmented building materials supply chain.

Face value: ₹10

Market cap

₹222 Cr

P/E

40.2×

P/B

5.3×

Dividend yield

1.2%

ROE

28%

ROCE

36%

Debt / equity

0.07

OPM

10.3%

EPS (TTM)

₹4.2

Book value

₹32.0

52-week high

—

52-week low

Key insights

Company research notes and source-linked reviews

Key risks

Revenue volatility: Quarterly revenue ranged ₹16.68 Cr (Sep 2024) to ₹29.46 Cr (Mar 2025); verify whether driven by seasonal demand, input cost cycles, or market share shifts
Operating margin instability: OPM expanded from 5.54% (Sep 2023) to 13.12% (Dec 2024) but fell to 9.98% (Mar 2025); verify whether recent improvement is structural or cyclical
Valuation risk: PE of 30.75 is elevated for industrials; limited margin for error if margins compress or growth stalls
Earnings volatility: Net profit swung ₹0.53–₹2.26 Cr and EPS ₹0–₹1.72 in recent quarters; verify drivers and sustainability

Generated analysis · source review pending

Growth drivers

Revenue grew 22% YoY to ₹29.46 Cr (Mar 2025); verify if momentum sustains given quarterly volatility
OPM improved 354 bps to 9.98% (Mar 2025); margin expansion could amplify earnings if volume growth continues
ROE of 18.24% shows capital deployment is productive; enhanced margins could improve returns

Generated analysis · source review pending

1,565 historical price candles were omitted because the exchange source has not been verified.

₹168.5+3.2%1Y

Quick read

rule-based

Pros

+Strong return on equity of 20% (3-yr avg)
+High return on capital employed of 25.7%
+Profit CAGR of 36.2% over the last 5 years
+Revenue CAGR of 30% over the last 5 years
+Almost debt-free (debt/equity 0.1)
+Comfortable interest coverage of 71.5×
+Dividend payout of 47.7% of profit
+High promoter holding of 73.3% with no pledge

Cons

No red flags triggered.

Research score

Structured signal from quality, growth, valuation and momentum.

70/100

Business quality: 81
Growth

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
Welspun Corp LimitedWELCORPWELCORP	₹68,741 Cr	₹70,904 Cr	₹17,300 Cr	₹2,403 Cr	13.3%	₹2,309 Cr	9.7%	19.2%	19.4%	85
Apl Apollo Tubes LimitedAPLAPOLLOAPLAPOLLO	₹58,753 Cr	₹59,205 Cr	₹22,897 Cr	₹1,841 Cr	7.8%	₹1,229 Cr	5.2%	30.8%	25.3%	-12
Shyam Metalics And Energy LimitedSHYAMMETLSHYAMMETL	₹29,244 Cr	₹30,225 Cr	₹19,574 Cr	₹2,519 Cr	12.6%	₹860 Cr	5.7%	13.5%	9.7%	8
Ratnamani Metals & Tubes LimitedRATNAMANIRATNAMANI	₹18,362 Cr	₹18,666 Cr	₹4,314 Cr	₹732 Cr	16.9%	₹433 Cr	11.9%	17.8%	12.5%	210
Jindal Saw LimitedJINDALSAWJINDALSAW	₹17,286 Cr	₹21,976 Cr	₹18,263 Cr	₹1,941 Cr	12.4%	₹653 Cr	5.2%	11.4%	8.1%	159
Usha Martin LimitedUSHAMARTUSHAMART	₹14,982 Cr	₹15,128 Cr	₹3,837 Cr	₹768 Cr	19.1%	₹507 Cr	12.6%	20%	15.4%	190
Godawari Power And Ispat LimitedGPILGPIL	₹14,517 Cr	₹14,943 Cr	₹5,808 Cr	₹1,263 Cr	23.3%	₹808 Cr	14.9%	20.1%	14.9%	73
Gallantt Ispat LimitedGALLANTTGALLANTT	₹12,793 Cr	₹13,340 Cr	₹4,437 Cr	₹655 Cr	16.2%	₹436 Cr	11%	19.2%	15.7%	58
Maharashtra Seamless LimitedMAHSEAMLESMAHSEAMLES	₹9,363 Cr	₹9,377 Cr	₹4,620 Cr	₹696 Cr	14.6%	₹737 Cr	15%	13.6%	10.6%	153
Jayaswal Neco Industries LimitedJAYNECOINDJAYNECOIND	₹8,863 Cr	₹10,960 Cr	₹7,589 Cr	₹1,409 Cr	18.6%	₹564 Cr	6.5%	22.9%	17.8%	151
Sunflag Iron And Steel Company LimitedSUNFLAGSUNFLAG	₹7,812 Cr	₹8,286 Cr	₹3,995 Cr	₹476 Cr	12.1%	₹206 Cr	5.1%	3.8%	2.3%	95
Man Industries (India) LimitedMANINDSMANINDS	₹6,912 Cr	₹7,411 Cr	₹3,875 Cr	₹532 Cr	12.3%	₹204 Cr	4.8%	18.4%	9.2%	114

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Financials

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

Annual Quarterly

Standalone figures · ₹ crore · years without a filed annual are summed from quarters

₹ Cr	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	42	73	93	106	97	154
COGS	34	61	77	-88	-76	119
Gross profit	7	11	16	—	—	35
	4	6	10	188	164	20
	3	6	7	6	9	16
OPM %	7.9%	7.9%	7.4%	6.1%	9.5%	10.3%
Depreciation	0	0	1	1	1	2
Interest	0	0	1	1	0	0
	0	0	0	0	0	0
Profit before tax	3	5	6	5	7	14
Tax	1	1	1	1	2	4
Tax %	24.9%	25.5%	25.3%	26.3%	25.6%	25.2%
	2	4	4	4	6	11
PAT margin %	5.4%	5.4%	4.5%	3.4%	5.7%	6.8%
EPS (₹)	1.7	3	3.2	2.7	2.8	8
EPS adjusted (₹)	1.7	3	3.2	2.7	4.2	8
	58.8%	0%	0%	0%	36%	25%
Annual report	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 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity capital	3	3	13	13	13	13	13
Reserves	11	13	7	11	14	20	29
	0	2	7	7	4	5	3
	1	3	8	7	8	16	17
Total equity & liabilities	16	22	36	37	40	54	62
	5	4	18	25	—	—	30
CWIP	0	5	1	0	4	1	2
Investments	0	0	0	0	—	—	2
	11	12	16	12	36	53	29
Total assets	16	22	36	37	40	54	62

₹ Cr	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	4	6	9	8	2	8
	-5	-11	-7	-6	-2	-4
	2	5	-1	-3	0	-3
Net cash flow	0	-0	1	-1	-0	0
Free cash flow	-1	-5	2	—	—	3
CFO / Operating profit %	112.8%	96.4%	124.8%	122.8%	25%	48%

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Ratios

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

Standalone figures

Ratio	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Margins
Gross margin %	17.5%	15.8%	17.7%	—	—	22.9%
EBITDA margin %	7.9%	7.9%	7.4%	6.1%	9.5%	10.3%
EBIT margin %	7%	7.3%	6.4%	4.9%	8%	9.2%
PAT margin %	5.4%	5.4%	4.5%	3.4%	5.7%	6.8%
Working capital
Receivable days	21	13	10	8	9	8
Inventory days	78	65	37	22	70	60
Payable days	20	14	11	—	—	17
NWC days	79	65	35	—	—	51
Leverage
Current ratio	3.26	1.55	1.57	1.16	1.24	1.57
Debt to EBITDA	0.62	1.28	0.94	0.68	0.53	0.19
Debt to equity	0.13	0.37	0.27	0.16	0.15	0.07
Interest coverage	34.9	36.3	11	9.3	19.6	71.5
Asset turnover	1.93	2.04	2.51	2.65	1.79	2.49
Return ratios
Return on assets %	10.5%	11.1%	11.2%	8.9%	10.3%	17%
Return on capital employed %	17.6%	25.3%	22.5%	17.7%	23.5%	36%
Return on equity %	13.8%	19.8%	17.3%	12.9%	16.7%	25%

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
	73.37%	73.35%	73.38%	73.38%	73.33%	73.33%	73.33%	73.34%	73.33%	73.32%	73.28%	73.27%
	0.09%	0.09%	0.09%	0.09%	0.15%	0.15%	0.15%	0.15%	0.15%	0.15%	0.15%	0.15%
DII	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%
Government	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%
	26.54%	26.56%	26.53%	26.53%	26.52%	26.52%	26.52%	26.51%	26.52%	26.53%	26.57%	26.58%
No. of shareholders	—	—	—	—	—	—	—	—	7,576	7,336	6,963	6,728

Promoter holding down 0.1 percentage points since Sep 2023.

2 deals · 30 Sept 2024 – 30 Sept 2024

Date	Client	Type	Venue	Side	Quantity	Price	Value
30 Sept 2024	MATALIA STOCK BROKING PRIVATE LIMITED	Bulk	BSE	Sell	71,150	₹139.68	₹0.99 Cr
30 Sept 2024	MATALIA STOCK BROKING PRIVATE LIMITED	Bulk	BSE	Buy	71,150	₹139.11	₹0.99 Cr

1–2 of 2

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. KAUSHALKUMAR SATYANARAYAN GUPTAExecutive Director-Chairperson-MD
Chirag RanaChief Financial Officer
Mrs. SANGEETA KAUSHALKUMAR GUPTANon-Executive - Non Independent Director
Mr. KAILASH K BANSALExecutive Director
Mr. RAVI BHANDARINon-Executive - Independent Director
Mr. YASKH KALPESH DARJINon-Executive - Independent Director
Ms. NISHI BRAHMKHATRINon-Executive - Independent Director
Mrs. Ritu Kailash BansalCompany 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 Bansal Roofing Products Ltd. 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

30

Annual reports

13

Investor Presentation and earnings call

1

Aug 2026Transcript AI SummaryPPTREC

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

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Events

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

6

Final dividend3 Sept 2026 · ex-date₹2
Final dividend2 Sept 2025 · ex-date₹1
Final dividend11 Jun 2021 · ex-date₹1
Final dividend21 Sept 2020 · ex-date₹1
Final dividend19 Aug 2019 · ex-date₹1
Final dividend8 Aug 2018 · ex-date₹0.5

1

Board meeting to consider results10 Aug 2026

1

Bonus 3:16 Jul 2021 · ex-date

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Announcements

Latest exchange announcements, filings and downloadable documents.

1 month 3 months 6 months 1 year All

4 announcementsExport CSV

14 Sept 2026, 2:24 pmAGM/EGM

Intimation Of Voting Results Of 18Th Annual General Meeting

AGM PDF

14 Sept 2026, 2:14 pmAGM/EGM

Shareholder Meeting / Postal Ballot-Scrutinizer''s Report

AGM PDF

13 Sept 2026, 6:36 pmCompany Update

Announcement under Regulation 30 (LODR)-Change in Management

Change in Management PDF

12 Sept 2026, 3:45 pmAGM/EGM

Shareholder Meeting / Postal Ballot-Outcome of AGM

AGM PDF

Date	Category	Subject	Filing
14 Sept 2026, 2:24 pm	AGM/EGM AGM	Intimation Of Voting Results Of 18Th Annual General Meeting	PDF
14 Sept 2026, 2:14 pm	AGM/EGM AGM	Shareholder Meeting / Postal Ballot-Scrutinizer''s Report

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Bansal Roofing Products Ltd

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

Investor Presentation and earnings call

Events

6

1

1

Announcements

Not in the F&O segment

No fund holdings on record

6

1

1

Announcements

Annual reports

Investor Presentation and earnings call

Compounded sales growth

Compounded profit growth

Return on equity

Bansal Roofing Products Ltd

About

Key insights

Key risks

Growth drivers

Quick read

Pros

Cons

Research score

Revenue & net profit

Margins

Peers

Financials

Profit & loss

Balance sheet

Cash flow

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

Investor Presentation and earnings call

Events

Dividends6

Board meetings1

Bonus issues1

Announcements

Ratio timeline

Quarterly record

Bulk & block deals

Board and management

Not in the F&O segment

No fund holdings on record

Dividends6

Board meetings1

Bonus issues1

Announcements

Annual reports

Investor Presentation and earnings call

Profit & loss

Balance sheet

Cash flow

Compounded returns

Compounded sales growth

Compounded profit growth

Return on equity

6

1

1

6

1

1