Bhansali Engineering Polymers
- Market cap
- ₹ 2,683 Cr.
- P/E
- 12.3x
- P/B
- 2.56x
- 52-week range
- 74.2 – 138.5
- ROE
- 17%
- ROCE
- 24%
- Dividend yield
- 3.6%
- Debt / equity
- 0
- Sector
- Chemicals & Petrochemicals
- Industry
- Petrochemicals
- Listed on
- NSE, BSE
About
Bhansali Engineering Polymers Limited is an India-based company, engaged in the manufacturing of acrylonitrile butadiene styrene (ABS) resins and styrene acrylonitrile (SAN) resins, which are classified under the category of highly specialized engineering thermoplastics. Its products include ABS, ASA, POLYCARBONATE-ABS (PC-ABS), Specialties, and SAN. Its PC-ABS blends are used in automotive and electronic applications. Its ABS for different categories include injection molding, for extrusion and for blow mounding. Its ABS applications include, automotives, home appliances, electronics, electricals, and others with a range of colors and shades. Its ASA applications include automotive exterior, roofing and window profile. The Company’s SAN applications include stationery items, and cosmetic packaging. The manufacturing facilities of the Company are located at Abu Road, Rajasthan and Satnoor, Madhya Pradesh.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Petrochemicals: 18 companies →Bhansali Engineering Polymers against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)12.3 against a typical 13.1: cheaper than most peers (1st = cheapest).7th of 18
- Sales growth+24% against a typical +17.4% from a year earlier.6th of 15
- Profit growth+55% against a typical +109.5% from a year earlier.9th of 14
- Share price, 3 months−4.7% against a typical −4.7%.9th of 16
- Size₹ 2,683.5 Cr. market value against a typical ₹ 541.5 Cr. (1st = largest).4th of 18
Latest announcements
Exchange filings and their impact on the company.
- Very strong H1 with 38% sales and 48% profit growth, Rs 1 interim dividend, but 25k TPA expansion delayed 6 months to Mar 2027.
Bhansali Engineering Polymers reported strong Q2 and H1 FY27 results with Q2 revenue of Rs 403.4 crore and net profit of Rs 62.5 crore, and H1 revenue of Rs 875.5 crore and net profit of Rs 128.1 crore, up sharply year-on-year. The board declared a second interim dividend of Re 1 per share, taking total interim dividend to Rs 2 per share. It also said the Rs 200 crore expansion to raise ABS capacity from 75,000 to 100,000 TPA, earlier due in September 2026, is now expected by March 2027 due to shipping and equipment delays from global conflicts.
- 1.3 MW solar plant commissioned for Rs 6.42 cr to trim power costs with negligible near-term earnings impact.
Bhansali Engineering Polymers has commissioned a 1,300 KW DC ground-mounted solar power plant at its Satnoor, Madhya Pradesh unit for Rs 6.42 crore. The plant was built by Greenergy Solar Systems, a channel partner of Tata Power Solar, to raise renewable energy use and cut dependence on grid power. The saving is small relative to its Rs 1,276 crore FY26 revenue and Rs 180 crore profit, so it will only marginally lower costs and aid sustainability.
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 19 Oct 2026 | Financial Results/Dividend | To consider and approve the financial results for the period ended September 30, 2026 and dividend |
| 18 Jul 2026 | Financial Results/Dividend | To consider and approve the financial results for the quarter ended Jun 30, 2026 and to consider the 1st Interim dividend for FY 2026-27. |
| 24 Apr 2026 | Financial Results/Dividend | To consider and approve a. Audited Financial Results (Standalone & Consolidated) of the Company for the quarter and financial year ended 31st March, 2026; and b. To consider declaration of Final Dividend |
| 14 Feb 2026 | Financial Results/Dividend | The meeting of the Board of Directors of the Company is scheduled on 14/02/2026 ,inter alia, to consider and approve a. the Un-audited Financial Results (Standalone & Consolidated) of the Company for the quarter and nine months ended 31st December, 2025 b. Declaration of 3rd Interim Dividend for the Financial Year 2025-26, if any. |
| 30 Oct 2025 | Financial Results/Dividend | Pursuant to Regulation 29 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 as amended, please be informed that a meeting of the Board of Directors of the Company is scheduled to be held on Thursday, 30th October, 2025 at Mumbai, wherein the following business shall inter alia be considered:a. Approve the Un-audited Financial Results (Standalone & Consolidated) of the Company for the quarter and half year ended 30th September, 2025b. Declaration of 2nd Interim Dividend for the Financial Year 2025-26, if any. |
| 13 Aug 2025 | Financial Results/Dividend | The meeting of the Board of Directors of the Company is scheduled on 13/08/2025 ,inter alia, to consider and approve: a. The Un-audited Financial Results (Standalone & Consolidated) of the Company for the quarter ended 30th June, 2025; and b. Declaration of 1st Interim Dividend for the FY 2025-26, if any. |
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 292 | 321 | 340 | 367 | 346 | 345 | 308 | 325 | 301 | 342 | 472 | 403 |
| Expenses | 245 | 270 | 278 | 314 | 294 | 297 | 255 | 276 | 251 | 278 | 390 | 324 |
| Operating Profit | 47 | 51 | 62 | 53 | 52 | 48 | 53 | 49 | 51 | 64 | 83 | 79 |
| OPM % | 16% | 16% | 18% | 14% | 15% | 14% | 17% | 15% | 17% | 19% | 17% | 20% |
| Other Income | 10 | 8 | 12 | 11 | 7 | 8 | 12 | 8 | 10 | 10 | 10 | 10 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 |
| Profit before tax | 54 | 57 | 71 | 62 | 57 | 54 | 62 | 55 | 58 | 72 | 91 | 87 |
| Tax % | 26% | 29% | 25% | 25% | 28% | 27% | 26% | 26% | 28% | 29% | 28% | 28% |
| Net Profit | 40 | 40 | 53 | 46 | 41 | 40 | 46 | 40 | 42 | 52 | 66 | 62 |
| EPS in Rs | 1.62 | 1.62 | 2.14 | 1.86 | 1.64 | 1.59 | 1.84 | 1.63 | 1.7 | 2.07 | 2.64 | 2.51 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- 9%
- 5 Years
- 0%
- 3 Years
- −2%
- TTM
- 15%
- 10 Years
- 27%
- 5 Years
- −12%
- 3 Years
- 10%
- TTM
- 33%
- 10 Years
- 21%
- 5 Years
- −2%
- 3 Years
- 8%
- TTM
- —
- 10 Years
- 25%
- 5 Years
- 21%
- 3 Years
- 18%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| Bhansali Engineering Polymers | ₹ 109.15 | ₹ 2,683 Cr. | 12.3x | 2.6x | 17% | — |
| Gujarat Fluorochemicals | ₹ 4,241.25 | ₹ 47,986 Cr. | 77.4x | 5.8x | 7.7% | 11.5% |
| DCM Shriram | ₹ 962.10 | ₹ 14,996 Cr. | 5.6x | 2.1x | 11.6% | 6% |
| Supreme Petrochem | ₹ 710.10 | ₹ 13,338 Cr. | 38.7x | 5.5x | 14.3% | 6.1% |
| Shaily Engineering Plastics | ₹ 2,959.40 | ₹ 13,623 Cr. | 75x | 17.7x | 26.9% | 17.2% |
| Styrenix Performance Materials | ₹ 1,944.00 | ₹ 3,417 Cr. | 21.2x | 2.9x | 14.7% | 5.4% |
Management
- Babulal Mishrimal Bhansali
- Executive Chairman of the Board and Managing Director
- Jayesh Babulal Bhansali
- Joint Managing Director and Chief Financial Officer, Executive Director
- Ashwin M. Patel
- Compliance Officer, General Manager - Legal, Company Secretary
- Dilip Krushnarao Shendre
- Whole Time Director
Prices are delayed and for information only. Nothing on this page is investment advice.