Bhansali Engineering Polymers Ltd Falls to 52-Week Low of Rs.82.53

Stock Performance and Market Context

The stock recorded an intraday low of Rs.82.53, down 3.42% on the day, underperforming its sector by 0.55%. This new low represents a sharp fall from its 52-week high of Rs.127.90, reflecting a 35.4% drop over the past year. Bhansali Engineering Polymers Ltd’s share price is currently trading below all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, signalling sustained downward momentum.

In comparison, the broader market benchmark, the Sensex, has experienced a 1.28% decline today, closing at 82,180.47 points after a sharp fall of 1,026.91 points. Despite this, the Sensex remains 4.84% below its 52-week high of 86,159.02 and has seen a 4.18% loss over the last three weeks. Bhansali Engineering Polymers Ltd’s underperformance is stark when juxtaposed with the Sensex’s 6.63% gain over the past year.

Financial and Operational Indicators

Bhansali Engineering Polymers Ltd’s financial metrics reveal a subdued growth trajectory. The company’s net sales have grown at a modest compound annual growth rate of 7.58% over the last five years, which is below sector expectations. The most recent quarterly net sales figure stood at Rs.325.10 crores, reflecting an 11.40% decline compared to the previous period.

Cash flow from operations for the fiscal year is reported at Rs.108.75 crores, the lowest in recent years, indicating constrained liquidity generation. Additionally, the debtors turnover ratio for the half-year period is at a low 0.57 times, suggesting slower collection cycles and potential working capital pressures.

Despite these challenges, the company maintains a low average debt-to-equity ratio of zero, indicating a conservative capital structure with minimal leverage. Return on equity (ROE) remains relatively healthy at 16%, and the stock trades at a price-to-book value of 2.1, which is considered attractive relative to its peers’ historical valuations.

Dividend Yield and Shareholding Patterns

At the current price level, Bhansali Engineering Polymers Ltd offers a high dividend yield of 4.66%, which is notable within the Specialty Chemicals sector. This yield reflects the company’s commitment to returning value to shareholders despite recent price declines.

However, domestic mutual funds hold a minimal stake of just 0.01% in the company. Given their capacity for detailed research and due diligence, this limited exposure may indicate a cautious stance towards the stock’s valuation or business outlook.

Long-Term and Recent Performance Trends

The stock’s performance over the last year has been disappointing, with a total return of -33.53%, significantly lagging the Sensex’s positive 6.63% return. This underperformance extends to longer time frames as well, with Bhansali Engineering Polymers Ltd trailing the BSE500 index over the past three years, one year, and three months.

Profitability has also seen a decline, with reported profits falling by 7.6% over the past year. This contraction in earnings, combined with the sales decline and subdued cash flow, has contributed to the stock’s downward trajectory.

Mojo Score and Ratings Update

Bhansali Engineering Polymers Ltd currently holds a Mojo Score of 31.0, with a Mojo Grade of Sell, upgraded from a previous Strong Sell rating on 10 Nov 2025. The market capitalisation grade stands at 3, reflecting its small-cap status within the Specialty Chemicals sector. These ratings encapsulate the company’s recent financial performance and market behaviour.

The downgrade in the Mojo Grade from Strong Sell to Sell suggests some stabilisation in the company’s outlook, although the overall sentiment remains cautious given the ongoing price weakness and financial metrics.

Summary of Key Metrics

To summarise, Bhansali Engineering Polymers Ltd’s key financial and market indicators as of 20 Jan 2026 are:

• New 52-week low price: Rs.82.53


• 52-week high price: Rs.127.90


• One-year stock return: -33.53%


• Sensex one-year return: +6.63%


• Net sales (latest quarter): Rs.325.10 crores, down 11.40%


• Operating cash flow (annual): Rs.108.75 crores


• Debtors turnover ratio (half-year): 0.57 times


• Dividend yield: 4.66%


• Debt-to-equity ratio: 0 (average)


• Return on equity: 16%


• Price-to-book value: 2.1


• Mojo Score: 31.0 (Sell)

Market and Sector Comparison

While the broader market has experienced some volatility, Bhansali Engineering Polymers Ltd’s decline is more pronounced relative to its sector and the Sensex. The stock’s trading below all major moving averages indicates a sustained bearish trend, contrasting with the Sensex’s mixed signals where the 50-day moving average remains above the 200-day moving average despite recent falls.

The company’s valuation metrics, including a relatively low price-to-book ratio and attractive dividend yield, suggest that the stock is trading at a discount compared to its peers’ historical averages. However, the recent declines in sales and profits, coupled with weak cash flow and receivables turnover, have weighed on investor sentiment.

Conclusion

Bhansali Engineering Polymers Ltd’s fall to a 52-week low of Rs.82.53 reflects a combination of subdued financial performance, declining sales and profits, and cautious market sentiment. Despite a conservative capital structure and attractive dividend yield, the stock’s underperformance relative to the broader market and sector benchmarks highlights ongoing challenges in maintaining growth momentum. The recent upgrade in Mojo Grade to Sell from Strong Sell indicates some moderation in negative outlook, yet the overall environment remains subdued as the stock trades below all key moving averages.

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