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BMW Industries Shares Slide After Q3 FY26 Total Income Rise and Profit Gains

BMW Industries Ltd (BSE: 542669, NSE: BMWI) shares closed at ₹37.76 on the Bombay Stock Exchange on January 30, 2026, down -1.8 % intraday from the previous session’s close. The stock traded in a range of ₹35.06-₹40.19 during the session, reflecting price adjustments following the company’s quarterly results. At today’s closing price, BMW Industries’ market capitalization stood at approximately ₹850 crore on a fully diluted basis.


Latest Quarterly Results

BMW Industries Ltd reported unaudited consolidated results for the third quarter and nine months ended December 31, 2025, as released in a press release by the company.

BMW Industries Ltd — Q3 FY26 Financial Summary (₹ lakhs, Consolidated)

MetricQ3 FY26Q3 FY25YoY ChangeQ2 FY26QoQ Change
Total Income16,37814,880+10.1 %14,696+11.4 %
EBITDA4,0173,730+7.7 %3,898+3.0 %
EBITDA Margin24.5 %25.1 %(55 bps)26.5 %(200 bps)
Profit After Tax (PAT)1,7611,723+2.2 %1,515+16.3 %
PAT Margin10.8 %11.6 %(83 bps)10.3 %+45 bps
Diluted EPS (₹)0.780.76+2.3 %0.67+17.0 %

All figures sourced from BMW Industries Ltd press release.


Full-Year Results Context

BMW Industries’ press release includes nine-month and prior full-year comparisons ending March 31, 2025:

PeriodTotal Income (₹ lakhs)PAT (₹ lakhs)
9M FY2646,4284,796
9M FY2547,7165,743
FY25 (Audited)63,8697,505

For the nine months ended December 31, 2025, total income was ₹46,428 lakhs, down 2.7 % year-over-year, and PAT was ₹4,796 lakhs, down 16.5 %. Compared with full-year FY25 figures, cumulative nine-month results for FY26 indicate a contraction in both revenue and profit on a year-over-year basis.


Business & Operations Update

BMW Industries operates steel processing and value-added manufacturing, including HRPO coils, CR coils, GP coils, GC sheets, MS/GI pipes, and TMT rebars, with facilities in West Bengal and Jharkhand. The company’s Q3 FY26 press release notes progress on its Greenfield Downstream Steel Complex at Bokaro and a tied-up ₹500 crore debt financing facility from a consortium led by State Bank of India with HDFC Bank and Yes Bank. The expansion is expected to diversify operations beyond conversion to integrated downstream processing capabilities.

CRM operations reported a sequential increase in dispatches of 18.1 % in the quarter.


Equity Analyst Commentary

Institutional commentary following the release of Q3 FY26 results highlighted quarterly variations in revenue and profit, noting the topline increase and sequential profit gain. Analysts referenced the press release figures and project data points for future comparative reporting cycles. No new institutional research changed published forecasts or valuations in the reporting period.


Guidance & Outlook

BMW Industries’ press release did not include forward earnings guidance. Company-issued updates focus on operational developments such as Bokaro complex commissioning phases and downstream market expansion. Investors may monitor subsequent quarterly earnings and regulatory filings for updated outlook information.


Performance Summary

BMW Industries shares declined in today’s session. Q3 FY26 total income rose year-over-year and sequentially. Profit after tax increased on both year-over-year and quarter-on-quarter bases. Operational expansion efforts are underway.

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