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Bhansali Engineering Polymers Ltd. (IN:BEPL)
:BEPL
India Market
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Bhansali Engineering Polymers Ltd. (BEPL) AI Stock Analysis

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IN:BEPL

Bhansali Engineering Polymers Ltd.

(BEPL)

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Outperform 79 (OpenAI - 5.2)
Rating:79Outperform
Price Target:
₹146.00
▲(19.84% Upside)
Action:Reiterated
Date:07/21/26
The score is driven primarily by strong financial resilience (debt-free balance sheet and solid cash generation). Technicals remain supportive with the stock above major moving averages, but overbought readings temper the near-term outlook. Valuation is reasonable, supported by a ~3.1% dividend yield and a mid-range P/E.
Positive Factors
Debt-free balance sheet
Zero reported debt materially reduces financial risk and interest‑rate sensitivity, giving management durable flexibility to fund maintenance capex, brownfield expansion, dividends or buybacks from internal resources. This enhances resilience through cyclical downturns and supports long-term capital allocation.
Negative Factors
Revenue volatility and recent decline
Inconsistent top‑line performance and a recent year‑over‑year revenue decline reduce visibility into demand and strain operating leverage. Over time, uneven sales weaken confidence in sustainable growth, complicate capacity planning, and can limit the company’s ability to reliably expand margins or fund larger strategic initiatives.
Read all positive and negative factors
Positive Factors
Negative Factors
Debt-free balance sheet
Zero reported debt materially reduces financial risk and interest‑rate sensitivity, giving management durable flexibility to fund maintenance capex, brownfield expansion, dividends or buybacks from internal resources. This enhances resilience through cyclical downturns and supports long-term capital allocation.
Read all positive factors

Bhansali Engineering Polymers Ltd. (BEPL) vs. iShares MSCI India ETF (INDA)

Bhansali Engineering Polymers Ltd. Business Overview & Revenue Model

Company Description
Bhansali Engineering Polymers Limited (BEPL.NS) is an Indian-based petrochemical firm with operations spanning both domestic and global markets. Its core business involves the production and distribution of various polymer resins, including acrylo...
How the Company Makes Money
BEPL primarily makes money by producing and selling ABS resin (and related grades/variants) to industrial customers such as plastic processors, compounders, and manufacturers that convert ABS into finished components for appliances, automotive par...

Bhansali Engineering Polymers Ltd. Financial Statement Overview

Summary
Overall financial quality is strong, led by a very conservative, debt-free balance sheet (Balance Sheet Score: 90) and consistently solid free cash flow (Cash Flow Score: 76). Offsetting factors are post-peak margin normalization and uneven revenue trends, including the latest year revenue decline (Income Statement Score: 68).
Income Statement
68
Positive
Balance Sheet
90
Very Positive
Cash Flow
76
Positive
BreakdownTTMMar 2026Mar 2025Mar 2024Mar 2023Mar 2022
Income Statement
Total Revenue14.40B12.76B13.98B12.22B13.63B13.94B
Gross Profit4.40B4.28B4.04B3.87B3.72B6.39B
EBITDA2.74B2.56B2.53B2.52B2.05B4.82B
Net Income2.00B1.80B1.80B1.79B1.37B3.50B
Balance Sheet
Total Assets0.0012.85B11.04B10.56B11.67B11.08B
Cash, Cash Equivalents and Short-Term Investments3.97B4.49B4.04B1.59B2.78B1.89B
Total Debt0.000.000.000.000.000.00
Total Liabilities-10.83B2.02B1.02B1.33B990.64M1.27B
Stockholders Equity10.83B10.83B10.02B9.23B10.68B9.81B
Cash Flow
Free Cash Flow172.18M1.33B1.03B2.09B1.35B2.84B
Operating Cash Flow387.25M1.68B1.09B2.30B1.40B2.98B
Investing Cash Flow-2.93B-299.15M2.35B451.15M-153.20M-3.00B
Financing Cash Flow-497.72M-995.43M-995.43M-3.24B-497.72M-497.72M

Bhansali Engineering Polymers Ltd. Peers Comparison

Overall Rating
UnderperformOutperform
Sector (55)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
79
Outperform
₹27.85B14.433.48%5.47%15.83%
69
Neutral
₹132.69B27.651.55%-2.27%38.33%
62
Neutral
₹12.07B11.460.22%14.49%335.18%
57
Neutral
₹43.15B23.363.08%15.28%-20.70%
56
Neutral
₹223.51B41.180.45%-4.13%-21.05%
55
Neutral
$6.65B3.83-15.92%6.20%10.91%7.18%
41
Neutral
₹31.95B-6.00-2.81%-153.60%
* General Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
IN:BEPL
Bhansali Engineering Polymers Ltd.
115.90
7.16
6.58%
IN:CHEMPLASTS
Chemplast Sanmar Limited
194.35
-224.55
-53.60%
IN:DEEPAKNTR
Deepak Nitrite Limited
1,664.25
-139.96
-7.76%
IN:GULPOLY
Gulshan Polyols Limited
197.60
32.91
19.98%
IN:SPLPETRO
Supreme Petrochem Limited
711.85
-102.20
-12.55%
IN:STYRENIX
Styrenix Performance Materials Ltd
2,479.20
-306.35
-11.00%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Jul 21, 2026