BCL Bolan Castings Limited

Bolan Castings Limited (BCL) financial ratios

Bolan Castings Limited earned a net margin of 4.1% in FY2026 against a five-year average of 1.2% (Engineering median 3.2%). Return on equity was 19.5%, compared with a sector median of 5.0%. The current ratio stood at 1.83× and debt was 15.1% of equity. Cash took about 57 days to cycle through receivables, inventory and payables.

FY2026 vs the Engineering median

Gross margin: 15.4%; Sector median 6.3%
Operating margin: 6.5%; Sector median 6.5%
Net margin: 4.1%; Sector median 3.2%
Return on equity (ROE): 19.5%; Sector median 5.0%
Return on assets (ROA): 8.9%; Sector median 2.3%
Current ratio: 1.83×; Sector median 1.36×
Debt to equity: 15.1%; Sector median 19.2%
Asset turnover: 2.15×; Sector median 0.51×
Dividend payout ratio: 0.0%; Sector median 0.0%

Median of the 15 companies in the sector with the figure for their latest fiscal year.

BCL financial ratios (annual) (Rs mn)
Rs mn	FY2026 Jul 2025 – Jun 2026	FY2025 Jul 2024 – Jun 2025	FY2024 Jul 2023 – Jun 2024	FY2023 Jul 2022 – Jun 2023	FY2022 Jul 2021 – Jun 2022	FY2021 Jul 2020 – Jun 2021	FY2020 Jul 2019 – Jun 2020	FY2019 Jul 2018 – Jun 2019	FY2018 Jul 2017 – Jun 2018	FY2017 Jul 2016 – Jun 2017	FY2016 Jul 2015 – Jun 2016	FY2015 Jul 2014 – Jun 2015	FY2014 Jul 2013 – Jun 2014	FY2013 Jul 2012 – Jun 2013	FY2012 Jul 2011 – Jun 2012	FY2011 Jul 2010 – Jun 2011	FY2010 Jul 2009 – Jun 2010	FY2009 * Jul 2008 – Jun 2009	FY2008 Jul 2007 – Jun 2008	FY2007 Jul 2006 – Jun 2007
Profitability
Gross margin	15.4%	9.2%	17.1%	9.6%	7.8%	12.5%	(6.6%)	(9.9%)	14.3%	14.1%	10.6%	11.2%	(2.0%)	9.2%	11.0%	12.0%	14.0%	9.9%	10.0%	12.5%
EBITDA margin	6.5%	2.6%	11.6%	5.6%	4.6%	7.5%	(11.9%)	(15.5%)	9.4%	9.6%	7.1%	8.2%	(5.4%)	6.3%	8.8%	9.8%	11.8%	8.9%	8.0%	9.3%
Operating margin	6.5%	1.5%	11.0%	4.6%	3.7%	6.5%	(13.9%)	(17.4%)	8.4%	8.4%	5.4%	7.0%	(7.6%)	4.7%	7.1%	8.4%	10.2%	7.2%	5.6%	7.3%
Pre-tax margin	5.7%	(0.0%)	9.4%	1.3%	2.0%	7.1%	(19.5%)	(20.5%)	8.0%	8.1%	3.0%	4.2%	(13.2%)	1.9%	4.0%	6.4%	7.4%	3.3%	3.1%	4.6%
Net margin	4.1%	(1.1%)	3.5%	(1.1%)	0.6%	5.5%	(20.4%)	(15.8%)	5.8%	5.6%	1.9%	2.8%	(9.5%)	1.3%	2.7%	4.0%	4.8%	2.1%	2.0%	3.0%
Effective tax rate	27.5%	—	62.8%	190.0%	72.0%	22.6%	—	—	27.7%	30.9%	34.4%	34.5%	—	33.4%	32.5%	36.8%	34.7%	36.0%	34.4%	34.7%
Returns
Return on equity (ROE)	19.5%	(5.8%)	44.3%	(11.5%)	7.0%	87.7%	(114.1%)	(46.8%)	22.0%	19.0%	5.6%	10.2%	(21.4%)	4.1%	8.8%	15.8%	19.3%	9.5%	6.9%	—
Return on assets (ROA)	8.9%	(2.1%)	12.4%	(2.4%)	1.4%	13.6%	(25.7%)	(21.3%)	13.7%	10.7%	2.4%	4.2%	(9.0%)	1.8%	4.5%	7.7%	8.5%	3.9%	2.9%	—
Return on invested capital (ROIC)	17.2%	—	25.7%	(14.8%)	4.2%	26.5%	—	—	18.1%	14.7%	5.3%	7.9%	—	5.9%	10.0%	14.0%	15.6%	10.4%	7.1%	—
Liquidity
Current ratio	1.83×	1.31×	1.36×	0.91×	0.92×	0.90×	0.78×	1.08×	2.32×	2.74×	1.70×	1.38×	1.35×	1.46×	1.62×	1.84×	1.57×	1.44×	1.37×	1.55×
Quick ratio	0.74×	0.49×	0.37×	0.30×	0.29×	0.24×	0.37×	0.50×	0.79×	1.00×	0.76×	0.55×	0.50×	0.91×	0.71×	0.87×	1.01×	0.89×	0.77×	0.62×
Leverage
Debt to equity	15.1%	45.1%	65.9%	177.8%	222.1%	224.3%	548.1%	159.2%	35.7%	21.9%	60.6%	124.4%	101.0%	90.7%	53.2%	28.2%	58.3%	79.1%	96.9%	78.7%
Debt to capital	13.1%	31.1%	39.7%	64.0%	69.0%	69.2%	84.6%	61.4%	26.3%	17.9%	37.7%	55.4%	50.2%	47.6%	34.7%	22.0%	36.8%	44.2%	49.2%	44.0%
Debt to assets	7.7%	18.2%	22.4%	38.3%	44.2%	46.0%	55.4%	51.4%	21.6%	14.0%	29.6%	49.3%	43.2%	37.5%	26.4%	14.9%	26.1%	34.0%	39.0%	34.6%
Assets to equity	2.19×	2.72×	3.58×	4.85×	4.95×	6.44×	4.44×	2.19×	1.61×	1.77×	2.29×	2.44×	2.38×	2.22×	1.96×	2.05×	2.28×	2.40×	2.38×	—
Efficiency
Asset turnover	2.15×	1.92×	3.54×	2.08×	2.55×	2.49×	1.26×	1.35×	2.36×	1.92×	1.25×	1.52×	0.94×	1.45×	1.66×	1.92×	1.76×	1.86×	1.44×	—
Receivable days days	36	36	18	30	20	29	85	73	37	53	86	66	151	104	70	76	93	74	66	—
Inventory days days	96	109	65	92	76	68	94	104	85	94	144	128	142	100	102	72	66	60	89	—
Payable days days	75	81	47	66	48	44	45	26	19	26	29	23	51	48	45	37	30	14	17	—
Cash conversion cycle days	57	64	36	57	47	52	134	151	103	121	200	170	242	156	126	111	129	120	138	—
Dividends
Dividend payout ratio	0.0%	—	0.0%	—	0.0%	0.0%	—	—	43.0%	11.7%	88.7%	0.0%	—	85.2%	44.8%	20.0%	0.0%	0.0%	27.5%	42.4%
Earnings retention rate	1.00×	—	1.00×	—	1.00×	1.00×	—	—	0.57×	0.88×	0.11×	1.00×	—	0.15×	0.55×	0.80×	1.00×	1.00×	0.73×	0.58×

Ratios as reported for each fiscal year; returns are on average equity / assets. Debt ratios are percentages; turnover in times; working-capital measures in days.

BCL: frequently asked questions

What is BCL's EPS?

Bolan Castings Limited reported basic earnings per share of Rs 6.10 for FY2026 (Jul 2025 – Jun 2026).

What is BCL's P/E ratio?

At the closing price of Rs 77.33 on 16 Oct 2026, BCL trades at a P/E of 12.7× based on EPS of Rs 6.10 (FY2026).

Does BCL pay dividends?

Bolan Castings Limited did not declare a cash dividend for FY2026.

What was BCL's revenue and profit in FY2026?

Bolan Castings Limited reported revenue of Rs 1.7 bn and profit attributable to shareholders of Rs 69.9 mn for FY2026 (Jul 2025 – Jun 2026).

What is BCL's book value per share?

Bolan Castings Limited's book value per share was Rs 34.67 at the end of FY2026. The shares trade at 2.23× book value.

Information only, not investment advice.