Bedmutha Industries Limited (BEDMUTHA) AI Stock Analysis

• Market Cap: ₹4.32B
• Dividend Yield: N/A
• Average Volume (3M): 1.48K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.81
• Revenue Growth: 34.36%
• EPS Growth: -100.15%
• Country: IN
• Employees: 532
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Steel
• EPS (TTM): -0.29
• Shares Outstanding: 32,263,885
• 10 Day Avg. Volume: 724
• 30 Day Avg. Volume: 1,476
• PEG Ratio: 1.13
• Price to Book (P/B): 3.56
• Price to Sales (P/S): 0.49
• P/FCF Ratio: 9.66
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 54 Neutral
• Price Target: ₹130.00 ▲(16.38% Upside)

Bedmutha Industries shows strong financial performance with improving profitability and cash flows, but high leverage is a concern. The technical analysis indicates bearish momentum, and the valuation is unattractive due to a negative P/E ratio and lack of dividend yield. These factors combined result in a moderate overall stock score.

Positive Factors

Revenue Growth

Sustained ~34% revenue growth indicates successful demand capture and expanding customer penetration across construction and fencing end-markets. Over 2-6 months this underpins scale benefits, better fixed-cost absorption and a firmer base for margin expansion if growth is maintained.

Improving Margins

Rising gross and net margins show meaningful operational improvement and cost management, helping the business better withstand raw-material volatility. If these efficiency gains persist, they provide a durable cushion for profitability and support reinvestment into higher-value product mix.

Cash Generation

Consistently rising operating cash flow and strong FCF relative to earnings reflect robust cash conversion. This durable cash generation enhances ability to fund capex, service debt, and invest in value-added product lines, improving long-term financial flexibility.

Negative Factors

High Leverage

A D/E of 1.5, while improved, leaves balance sheet sensitivity to downturns and interest-rate shifts. Elevated leverage constrains capital allocation, raises refinancing risk, and can force trade-offs between debt reduction and investing in capacity or higher-margin product development.

Low Net Margins

Despite margin improvement, low absolute net margins limit resilience to raw-material cost spikes or pricing pressure. A narrow profitability band reduces buffer for reinvestment and makes long-term returns sensitive to commodity and competitive dynamics in the steel-wire market.

Financing Flow Risk

Positive operating cash flow contrasts with ongoing financing outflows tied to debt. Continued reliance on debt-funded operations elevates refinancing and interest risks, and unless financing cash flows are tightened, balance-sheet repair may take longer, constraining strategic options.

Bedmutha Industries Limited Business Overview & Revenue Model

Company Description

Bedmutha Industries Limited manufactures and sells steel wire and wire products in India. The company operates through Steel, Copper, Consultancy, Windmill, and EPC Projects segments. It offers galvanized steel and M.S, barbed, stitching, and staple wires, as well as chain link fencing and wire nails for the retail industry; spring steel wires messenger, high carbon rope, cold heading quality, bead, and patented galvanized and black wires for the automotive industry; and earth, stay, barbed, and 19 strand guy wires, as well as cable armors, A.C.S.R. core single and stranded wires, and distribution boxes for use in power applications. The company also provides H.T./P.C. wires, P.C. strands, and annealed/binding wires for the infrastructure industry; copper products comprising rods, wire rods, rectangular strips, bus bars, and foils, as well as sections, profiles, and components; and wire ropes. In addition, it generates electricity through wind power. Further, the company is involved in the consultancy business and EPC projects. It also exports its products to various countries in Europe, South Korea, Australia, the United States, Africa, and Asia, as well as to GCC countries, including the Middle East. The company was formerly known as Bedmutha Wire Company Limited and changed its name to Bedmutha Industries Limited in November 2009. Bedmutha Industries Limited was incorporated in 1990 and is based in Mumbai, India.

How the Company Makes Money

Bedmutha Industries Limited generates revenue through a multi-faceted business model that includes manufacturing, trading, and exporting its core products. The company primarily makes money by producing and selling steel wires and cables, which are essential components in various industries including construction, automotive, and telecommunications. Key revenue streams include direct sales to manufacturers and distributors, long-term contracts with large industrial clients, and exports to international markets. Additionally, partnerships with other businesses and participation in government projects can further enhance its earnings. The company's commitment to quality and competitive pricing helps it maintain a strong market position and attract a diverse customer base, contributing significantly to its overall revenue.

Bedmutha Industries Limited Financial Statement Overview

Summary

Bedmutha Industries is on a solid growth trajectory with improving profitability and strong cash flows. The company has effectively improved its margins and revenue growth, while also strengthening its balance sheet. However, high leverage remains a concern, and further reduction in debt would enhance financial stability.

Income Statement

Bedmutha Industries has shown strong revenue growth with a steady increase in total revenue over the past years. The gross profit margin improved significantly to 17.24% in 2025 from 14.63% in 2024, indicating better cost management. Net profit margin also increased to 2.27% in 2025. However, despite these improvements, the company operates with relatively low net margins, which could be a concern if costs rise or revenue growth slows.

Balance Sheet

The debt-to-equity ratio has improved over the years, indicating a reduction in leverage, but remains high at 1.50 in 2025, suggesting potential risks if economic conditions worsen. The equity ratio improved to 22.19% in 2025, reflecting a strengthening capital base. Return on equity increased to 17.08%, indicating efficient use of equity to generate profits. However, the high debt levels remain a potential risk.

Cash Flow

Operating cash flow has consistently increased, reaching 1,089 million in 2025, indicating strong cash generation capabilities. Free cash flow growth is positive, with a healthy free cash flow to net income ratio of 2.15 in 2025. However, the firm needs to manage its financing cash flows better to reduce overall debt.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	11.24B	10.49B	8.12B	6.87B	6.60B	3.88B
Gross Profit	1.53B	1.89B	1.19B	1.14B	-83.38M	-248.25M
EBITDA	684.08M	801.83M	787.54M	786.23M	747.37M	2.94B
Net Income	114.64M	248.21M	209.45M	130.09M	93.77M	1.96B
Balance Sheet
Total Assets	0.00	6.55B	5.66B	4.99B	4.90B	4.66B
Cash, Cash Equivalents and Short-Term Investments	128.98M	19.85M	13.15M	1.45B	1.19B	1.02B
Total Debt	0.00	2.17B	2.35B	2.51B	2.76B	3.06B
Total Liabilities	-1.45B	5.09B	4.45B	4.00B	4.04B	3.89B
Stockholders Equity	1.45B	1.45B	1.20B	995.18M	865.10M	771.33M
Cash Flow
Free Cash Flow	0.00	534.92M	454.16M	633.97M	590.56M	523.73M
Operating Cash Flow	0.00	1.09B	738.63M	722.90M	708.04M	576.72M
Investing Cash Flow	0.00	-556.01M	-284.95M	-84.90M	-112.55M	-50.81M
Financing Cash Flow	0.00	-519.71M	-507.38M	-569.91M	-621.48M	-529.91M

Bedmutha Industries Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 111.70
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:BEDMUTHA, the sentiment is Positive. The current price of 111.7 is below the 20-day moving average (MA) of 118.22, above the 50-day MA of 111.37, and below the 200-day MA of 135.82, indicating a neutral trend. The MACD of 5.44 indicates Negative momentum. The RSI at 69.84 is Neutral, neither overbought nor oversold. The STOCH value of 85.91 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:BEDMUTHA.

Bedmutha Industries Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
INCREDIBLE	66 Neutral	₹1.77B	12.58	―	―	10.59%	82.10%
MAHASTEEL	66 Neutral	₹12.00B	118.53	―	―	11.83%	124.74%
MANAKSTEEL	64 Neutral	₹4.00B	15.81	―	―	49.22%	49.59%
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
BEDMUTHA	54 Neutral	₹4.32B	-8,481.01	―	―	34.36%	-100.15%
SHYAMCENT	49 Neutral	₹1.18B	-15.66	―	―	-41.73%	-37.19%
VISASTEEL	44 Neutral	₹4.63B	-0.89	―	―	-0.58%	-1076.68%

Bedmutha Industries Limited Corporate Events

Bedmutha Industries Announces Resignation of Company Secretary and Compliance Officer

Bedmutha Industries Limited has announced that its Company Secretary and Compliance Officer, Madhvendra Pratap Singh, a key managerial personnel, has resigned to pursue opportunities outside the organisation and will continue in his role until the close of business on 31 January 2026. The company has begun the process of identifying and hiring a suitable replacement for the position and has informed the stock exchanges that it will notify them once the vacancy is filled, signalling a routine but important transition in its corporate governance and compliance framework.

Bedmutha Industries Closes Trading Window Ahead of Quarterly Results

Bedmutha Industries Limited has announced the closure of its trading window for company securities for all designated persons, including directors, their immediate relatives and other insiders, in line with SEBI’s Prohibition of Insider Trading Regulations and the company’s internal code of conduct. The window will remain closed from 1 January 2026 until 48 hours after the declaration of financial results for the quarter ended 31 December 2025, underscoring the company’s adherence to insider trading norms and its efforts to maintain transparency and safeguard market integrity for investors and other stakeholders.