Stock Performance and Market Context
The stock has been on a downward trajectory for six consecutive trading sessions, resulting in a cumulative loss of 7.92% over this period. Today alone, it declined by 3.72% intraday, closing with a day change of -2.65%, underperforming its sector by 1.63%. This latest low of Rs.83.11 stands in stark contrast to its 52-week high of Rs.130.50, reflecting a year-long depreciation of 31.43% against the Sensex’s positive 8.10% return over the same timeframe.
Bhansali Engineering Polymers is currently trading below all major moving averages — 5-day, 20-day, 50-day, 100-day, and 200-day — signalling sustained downward momentum. Meanwhile, the broader market has shown resilience; the Sensex recovered from an early loss of 140.93 points to close 0.09% higher at 83,647.79, just 3% shy of its 52-week high of 86,159.02. Mega-cap stocks continue to lead the market gains, contrasting with the performance of this mid-sized specialty chemicals company.
Financial Metrics and Operational Indicators
Bhansali Engineering Polymers’ financial profile reveals several areas of concern that have contributed to the stock’s subdued performance. The company’s net sales for the recent quarter stood at Rs.325.10 crores, reflecting a decline of 11.40% compared to previous periods. This contraction in sales has weighed on profitability, with reported profits falling by 7.6% over the past year.
Cash flow from operations on an annual basis has reached a low of Rs.108.75 crores, indicating tighter liquidity conditions. Additionally, the debtor turnover ratio for the half-year period is at a low 0.57 times, suggesting slower collections and potential working capital pressures. Despite these challenges, the company maintains a low average debt-to-equity ratio of zero, indicating minimal leverage on its balance sheet.
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Valuation and Shareholder Composition
From a valuation standpoint, Bhansali Engineering Polymers presents a mixed picture. The company’s return on equity (ROE) remains relatively healthy at 16%, and it trades at a price-to-book value of 2.1, which is considered attractive relative to its peers’ historical averages. Furthermore, the stock offers a high dividend yield of 4.63% at the current price level, which may appeal to income-focused investors.
However, the company’s market capitalisation grade is low at 3, reflecting its modest size and liquidity in the market. Domestic mutual funds hold a negligible stake of just 0.01%, which may indicate limited institutional conviction or a cautious stance given the company’s recent performance trends.
Long-Term Growth and Comparative Performance
Bhansali Engineering Polymers’ long-term growth trajectory has been underwhelming, with net sales growing at an annualised rate of only 7.58% over the past five years. This growth rate falls short of sector averages and broader market expectations. The stock has also underperformed the BSE500 index over multiple time horizons, including the last three years, one year, and three months, underscoring persistent challenges in maintaining competitive momentum.
Despite the company’s sizeable operations within the specialty chemicals sector, its relative underperformance and subdued financial metrics have contributed to the current valuation pressures and the recent 52-week low.
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Mojo Score and Analyst Ratings
According to MarketsMOJO’s latest assessment dated 10 Nov 2025, Bhansali Engineering Polymers holds a Mojo Score of 31.0 with a Mojo Grade of Sell, an upgrade from its previous Strong Sell rating. This reflects a slight improvement in the company’s outlook but still indicates caution. The market cap grade remains low at 3, consistent with the company’s modest market presence.
The downgrade in rating earlier this year aligns with the company’s recent financial results and stock price trends, reinforcing the challenges faced in both near-term performance and longer-term growth prospects.
Summary of Key Data Points
To summarise, Bhansali Engineering Polymers Ltd’s stock has reached a new 52-week low of Rs.83.11, following a sustained decline over the past six trading days. The company’s financial indicators reveal declining sales and profits, low debtor turnover, and constrained cash flows, despite a conservative capital structure and attractive dividend yield. Its valuation metrics suggest a discount relative to peers, but the stock’s underperformance relative to major indices and sector benchmarks remains notable.
While the broader market, led by mega-cap stocks, continues to show resilience, Bhansali Engineering Polymers’ current position reflects a combination of subdued growth and valuation pressures within the specialty chemicals sector.
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