Stock Performance and Market Context
On the day the new low was recorded, Black Rose Industries Ltd outperformed its sector by 0.84%, despite the broader market showing signs of weakness. The Sensex opened 167.26 points lower and was trading at 80,542.45, down 0.22%. Notably, other indices such as the S&P Bse FMCG and NIFTY FMCG also hit new 52-week lows on the same day, reflecting a cautious market environment.
Black Rose Industries Ltd’s stock 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. This technical positioning underscores the challenges the stock has faced over the past year.
Long-Term Price Trends
Over the last 12 months, the stock has delivered a negative return of 25.83%, significantly underperforming the Sensex, which posted a positive return of 3.86% over the same period. The stock’s 52-week high was Rs.137.95, indicating a substantial decline of nearly 38% from its peak.
This persistent underperformance is further highlighted by the stock’s consistent lag behind the BSE500 index in each of the last three annual periods, reflecting ongoing challenges in maintaining competitive growth and investor confidence.
Only 1% make it here. This Large Cap from the Gems, Jewellery And Watches sector passed our rigorous filters with flying colors. Be among the first few to spot this gem!
- - Highest rated stock selection
- - Multi-parameter screening cleared
- - Large Cap quality pick
Financial Performance and Growth Metrics
Black Rose Industries Ltd has experienced subdued growth over the medium term. Net sales have declined at an annualised rate of 2.00% over the past five years, indicating challenges in expanding its revenue base. The latest six-month net sales figure stood at Rs.143.83 crores, reflecting a contraction of 24.82% compared to the previous period.
Operating cash flow for the fiscal year was recorded at a negative Rs.12.51 crores, the lowest level in recent years, signalling cash generation difficulties. Additionally, the inventory turnover ratio for the half-year period was 4.60 times, the lowest recorded, suggesting slower movement of stock and potential inefficiencies in inventory management.
Valuation and Capital Structure
Despite the challenges, the company maintains a low average debt-to-equity ratio of 0.04 times, indicating a conservative capital structure with limited leverage. Return on equity (ROE) stands at 13.1%, which is moderate and suggests some level of profitability relative to shareholder equity.
The stock’s price-to-book value ratio is 2.8, placing it at a discount relative to its peers’ historical valuations. This valuation reflects the market’s cautious stance given the company’s recent performance trends and sector dynamics.
Shareholding and Market Sentiment
The majority shareholding remains with the promoters, which often provides stability in ownership. However, the stock’s Mojo Score has deteriorated to 26.0, with a Mojo Grade of Strong Sell as of 12 Jan 2026, downgraded from a previous Sell rating. This grading reflects the comprehensive assessment of the company’s financial health, growth prospects, and market performance.
Holding Black Rose Industries Ltd from Specialty Chemicals? See if there's a smarter choice! SwitchER compares it with peers and suggests superior options across market caps and sectors!
- - Peer comparison ready
- - Superior options identified
- - Cross market-cap analysis
Sector and Benchmark Comparison
Within the Specialty Chemicals sector, Black Rose Industries Ltd’s performance has been notably weaker than many of its peers. The sector itself has faced headwinds, but the company’s negative sales growth and declining profitability have contributed to its relative underperformance.
While the Sensex remains above its 200-day moving average, it is trading below its 50-day moving average, indicating some short-term weakness in the broader market. Black Rose Industries Ltd’s stock, however, remains below all major moving averages, highlighting its more pronounced downward trend.
Profitability Trends
Profit figures for the company have also seen a slight decline, with profits falling by 0.8% over the past year. This marginal contraction, combined with declining sales and cash flow pressures, has contributed to the cautious market valuation and the stock’s recent price weakness.
Summary of Key Metrics
To summarise, Black Rose Industries Ltd’s stock has reached a new 52-week low of Rs.85.21, reflecting a combination of subdued sales growth, negative cash flow, and valuation pressures. The company’s low leverage and moderate ROE provide some balance to the overall picture, but the stock’s performance relative to benchmarks and peers remains a concern.
The downgrade to a Strong Sell Mojo Grade and the low Mojo Score of 26.0 further underline the challenges faced by the company in the current market environment.
Upgrade at special rates, valid only for the next few days. Claim Your Special Rate →
