Bombay Dyeing & Manufacturing Company Ltd Falls to 52-Week Low of Rs.108.45

Stock Performance and Market Context

On 2 Feb 2026, Bombay Dyeing & Manufacturing Company Ltd’s stock price touched an intraday low of Rs.108.45, representing a 3.64% drop during the trading session. The stock has underperformed its sector, falling 2.12% relative to the Garments & Apparels sector’s performance today. Over the last two trading days, the share price has declined by 5.33%, reflecting a sustained downward trend.

The stock is currently trading below all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, signalling persistent bearish momentum. This contrasts with the broader market, where the Sensex recovered from an initial negative opening to close marginally higher by 0.09%, trading at 80,796.09 points. Notably, the Sensex remains below its 50-day moving average, although the 50-day average itself is above the 200-day average, indicating mixed signals for the market overall.

Long-Term Price and Relative Performance

Over the past year, Bombay Dyeing’s stock has declined by 30.76%, a stark contrast to the Sensex’s 4.25% gain during the same period. The stock’s 52-week high was Rs.196.50, highlighting the extent of the recent depreciation. This underperformance is further emphasised when compared to the BSE500 index, which generated a positive return of 4.06% over the last year, underscoring the stock’s relative weakness within the broader market.

Financial Metrics and Fundamental Assessment

Bombay Dyeing & Manufacturing Company Ltd’s financial indicators reveal ongoing pressures. The company reported a quarterly net sales figure of Rs.362.63 crores, reflecting a 5.3% decline compared to the average of the previous four quarters. Profit after tax (PAT) for the quarter stood at Rs.1.96 crores, down 77.3% relative to the prior four-quarter average, signalling a significant contraction in profitability.

Operating cash flow for the year was negative at Rs.-17.02 crores, indicating cash generation difficulties. The company’s earnings before interest and tax (EBIT) to interest ratio averaged -1.15, highlighting challenges in servicing debt obligations. Additionally, the company’s operating profit growth over the last five years has been modest, with net sales increasing at an annualised rate of 8.67% and operating profit growing at 8.58% annually.

These factors contribute to the company’s current Mojo Score of 3.0 and a Mojo Grade of Strong Sell, upgraded from a previous Sell rating on 1 Sep 2025. The Market Capitalisation Grade stands at 3, reflecting concerns about the company’s size and market valuation relative to its financial health.

Valuation and Market Position

The stock is considered risky when compared to its historical valuation averages. Despite the negative returns of 30.76% over the past year, the company’s profits have shown a remarkable increase of 5976%, a figure that may reflect accounting or one-off factors rather than sustainable earnings growth. Domestic mutual funds currently hold no stake in Bombay Dyeing, which may indicate a cautious stance from institutional investors who typically conduct thorough research before investing.

Within the Garments & Apparels sector, Bombay Dyeing’s performance has lagged behind peers and the broader market indices. The NIFTY FMCG index also hit a 52-week low today, suggesting sector-wide pressures, but Bombay Dyeing’s decline remains more pronounced.

Summary of Current Concerns

The recent decline to Rs.108.45 marks a new 52-week low for Bombay Dyeing & Manufacturing Company Ltd, reflecting a combination of subdued sales, sharply reduced profitability, and negative cash flows. The stock’s position below all major moving averages and its underperformance relative to both sector and market benchmarks underscore the challenges faced by the company.

Financial ratios indicate a weak ability to service debt, and the company’s long-term growth rates remain modest. The absence of domestic mutual fund holdings further highlights a lack of institutional confidence at current price levels. While the broader market has shown resilience, Bombay Dyeing’s share price continues to reflect caution among investors.

Market Environment and Sectoral Trends

Despite the Sensex’s recovery from an early dip, the Garments & Apparels sector remains under pressure, with the NIFTY FMCG index also hitting a 52-week low. Mega-cap stocks are leading the market gains, whereas smaller companies like Bombay Dyeing are experiencing more pronounced volatility and downward pressure.

The stock’s current Mojo Grade of Strong Sell, upgraded from Sell in September 2025, aligns with the financial and market data, indicating a cautious outlook based on fundamental and technical factors.

Conclusion

Bombay Dyeing & Manufacturing Company Ltd’s fall to a 52-week low of Rs.108.45 reflects a confluence of subdued financial performance, weak debt servicing capacity, and relative underperformance within its sector and the broader market. The stock’s trading below all key moving averages and the absence of institutional holdings further illustrate the challenges it faces in the current market environment.

While the broader indices have shown some resilience, Bombay Dyeing’s share price continues to reflect the company’s financial and operational realities as of early February 2026.

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