Credit ratingSep 2026
Sep 2026 · Announcement under Regulation 30 (LODR)-Credit Rating 3 Sep - India Ratings affirmed BSL's ₹5,199.5 million bank facilities at IND BBB-/Negative and IND A3 on 3 September 2026.
Source: Bse
BSL Limited (BSL)
Small CapConsumer stocks · Small cap · NSE
BSL Limited operates in Textiles, within the Consumer sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers.
Data qualityFresh enough for analysisQuote updated 21 Oct, 03:15 pm ISTDetails
Quote21 Oct, 03:15 pm IST
Base fundamentals06 Oct 2026 · screener
Latest result16 Aug, 01:00 am IST
Score21 Oct, 04:30 am IST · v4.3-runtime-valuation
Tags02 May 2026
Coverage14/14 · 100%
Valuation2026-07-20 · Rf 6.8% · Consumer P/E 22.2 (n=441)
Technical timing lens
Trend score and candlestick chart
40NeutralMACD + · sector -4.5pp vs Nifty 500 (3M)
Stock trend: 45
Sector RS: 31
Sector 3M: -10.4% vs Nifty 500 -5.8%
Consumer FPI tailwindNot confirmed
Latest mapped FPI equity flow was not positive. View sector evidence
Technical chart
BSLD candles · FIT view-5.2%TODAY · PROVISIONALLatest price ₹119.22 on 2026-10-21
Today's candle is provisional from the latest intraday quote; completed-candle scans remain unchanged.
Bar
-4.2%
RSI
44
MACD hist
0.21
52W pos
20%
2026-10-21O ₹124.39H ₹125.00L ₹119.00C ₹119.22Vol 1,625 shIntraday candle
Up bar
Down bar
EMA 20
EMA 50
Volume + 20D avg
Result date
RSI(14)
MACD / signal
Market context
Relative performance and chart statistics
Adjusted completed-session prices, rebased to 100
BSLNifty Consumer DurablesNifty 500
- BSL
- -4.0%
- Nifty 500
- -5.6%
- Nifty Consumer Durables
- -9.7%
- Vs Nifty 500
- +1.5 pp
Chart stats
19 Oct 2026- From 52W high
- -40.5%
- 52W range position
- 22%
- ATR (14)
- 3.3%
- Volume vs 20D
- 0.48x
- Avg traded value
- ₹0.1 Cr
- 20D price channel
- ₹115.1 - ₹131
₹205
₹98 - ₹205
₹4
Latest completed session
20-session average
29.8% annualized volatility
Research snapshot
What the evidence says now
Weak fundamentals, management evidence is still limited to a financial-only Trust Lite signal, price trend argues for patience, and recent execution is weak.
Suggested next step
Check latest quarters
Result consistency is weak; verify whether the thesis is improving or deteriorating.
U-Score
Legacy · OVERVALUED15
Fundamental lens: valuation, quality, growth, balance sheet, and cash flow.
Latest result
Excellent90
Revenue +7.4% · PAT +266.0% YoY
Technical
Neutral40
Price trend and sector-relative-strength timing.
Valuation
Legacy model-8.2%
Legacy margin-of-safety estimate; the revised evidence label remains in shadow validation.
Trust
Limited evidence52
Financial-only signal; management claim evidence is not sufficient yet.
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Latest result
Quarter ended 30 Jun 2026
Excellent · 90/100Rev +7% YoY · PAT +266% YoY · margin expansion · +15% QoQ · operating leverage
Filed 30 Jun 2026
Open results browser →| Metric | This quarter | YoY | QoQ |
|---|---|---|---|
| Revenue | ₹169.7 Cr | +7.4% | +14.8% |
| EBITDA | ₹14.3 Cr | +16.8% | +41.8% |
| Operating margin | 8.4% | +68 bps | +160 bps |
| PAT | ₹1.7 Cr | +266.0% | NDF |
| PAT margin | 1.0% | +71 bps | +168 bps |
NDF means not disclosed in the current structured filing feed. It is intentionally not treated as zero.
Fundamentals
Valuation
- P/E
- 34.10
- P/B
- 1.03
- EV/EBITDA
- 8.28
- Market Cap
- 124.00Cr
Profitability
- ROE
- 1.85%
- ROCE
- 5.99%
- ROA
- 0.63%
- Dividend Y
- —
Growth (CAGR)
- Revenue 5Y
- 15.00%
- EPS 5Y
- 10.00%
- Revenue 3Y
- 12.00%
- EPS 3Y
- -51.00%
Balance Sheet
- Debt/Equity
- 3.66
- Interest Coverage
- 1.70×
- Altman Z
- 1.76
- Book Value
- 117.00
Cash Flow
- FCF Yield
- 8.06%
- FCF Positive Y
- 8/5
- OCF
- 49.00 Cr
- EPS TTM
- 3.53
Shareholding
- Promoter Hold
- 56.72%
- Promoter Pledge
- 0.00%
- Momentum 52W
- 21%
Financial History
Updated 19/10/2026
Revenue
₹ CrLatest: 170+14.8% vs prev
Net Profit
₹ CrLatest: 1.7+273.7% vs prev
ROE is shown only in the Annual view — quarterly equity data isn't published.
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Daily technical trend read
Bearish setupTrend is weak — long-term trend down. RSI 44.
- Price < SMA20 < SMA50 < SMA200 — full bearish stack.
- SMA20 roughly flat — short-term momentum stalled.
- RSI(14) at 44 — falling, no extreme reading.
- MACD above signal but histogram contracting — bullish momentum cooling.
- 42% off 52W high · 22% above 52W low.
Mechanical read from the price + indicator series above. Not a recommendation — technical setups can reverse without warning, especially around earnings and macro events.
Nifty 500 leadership
Relative Strength & Trend Stage
31
RS percentile
Stage 1 Base / Transition
1M return
+3.1%
3M return
-4.0%
6M return
-3.3%
1Y return
-36.3%
RS 1D
-1
RS 20D
+1
Sector rank
#9
Industry rank
#36
Stage evidence
- Price is within 1.2% of the 30-week proxy.
- The 30-week proxy changed -0.6% over 20 sessions.
- The moving-average structure does not confirm Stage 2 or Stage 4.
50-DMA
price above
200-DMA
price below
Sector
neutral
Industry
improving
Relative-strength line vs Nifty 500 (base 100)
261 observations
19 Oct 2026Value 79.14-0.67%
RS vs Nifty 50079
Valuation & peers
U-Score 15 · legacy U-Score band OVERVALUED · valuation evidence and comparable companies
Valuation & peers
U-Score 15 · legacy U-Score band OVERVALUED · valuation evidence and comparable companies
Distress Watch
Fundamental score breakdown
U band · OVERVALUEDValuation3/30
Growth9/25
Quality0/20
Balance Sheet0/15
Cash Flow8/10
Piotroski
6/9 (+3)
Penalties
-8
Raw sum
15
Why this score?
Top U-Score contributors and drags from the latest stored fundamentals.
15/100 · legacy band OVERVALUED
Positive drivers
- FCF yield is supportive at 8.1%.
- Cash flow contributes 8/10 to the score.
- Growth contributes 9/25 to the score.
Main drags
- Altman Z is 1.8, in distress territory.
- Penalty bucket subtracts 8 points.
- Fair-value margin of safety is negative at -8.2%.
Sector valuation model
Cyclical valuation: normalized earnings, not just trailing PE
Cyclical companies can look cheapest near peak profits, so IndiaPulse flags value-trap risk separately.
Primary lens
Mid-cycle PE/EV/EBITDA using multi-year average margins or earnings.
Secondary checks
Current margin versus 5-year average, balance sheet strength, commodity cycle.
Main risk check
A low trailing PE may mean peak-cycle earnings, not true cheapness.
PE
34.1
PB
1.0
EV/EBITDA
8.3
ROE
1.9%
ROCE
6.0%
FCF Yield
8.1%
Debt/Equity
3.7
MoS
-8.2%
Cyclical/value-trap warning
This sector can look cheap when profits are temporarily high. Check mid-cycle margins/earnings before relying on trailing PE. Debt/equity is 3.7, so downturn resilience matters.
Score movement
Stored run vs live recompute
This shows the stored score trend when snapshots exist, and also compares the latest stored nightly score with a live recompute from current fundamentals and price.
Stored run: 21 Oct 2026
v4.3-runtime-valuation
Final score
15
Previous: 15
Legacy U-Score band
OVERVALUED
Previous: OVERVALUED
Margin of safety
-8.2%
Previous: -10.7%
Score history
12 stored score snapshots. Latest stored move: +0 points.
21 Oct 2026
v4.3-runtime-valuation
15
15
15
15
15
15
15
15
15
15
15
15
Factor attribution
No pillar movement versus the latest stored run. Historical score trend will appear after snapshot storage is enabled.
Modelled fair value
Graham Number
₹96.4
-23.7% MoS
Growth-justified P/E
31.2
Growth-justified Value
₹110.21
-8.2% MoS
PEG
3.41
Comparable companies
Peers
Business-comparable peers in Consumer — ranked by industry, sub-sector, theme-tag overlap, market cap, and U-Score similarity. Green cells mark the best available peer metric in this table.
Ticker
Name
Why peer
Score
PE
ROE
MoS
Verdict
PREMCO
Small
Premco Global Limited
Textiles
match 93
15
49.0
0.7%
-5609%
OVERVALUED
LOYALTEX
Small
Loyal Textile Mills Limited
Textiles
match 92
9
—
-25.8%
—
OVERVALUED
RELCHEMQ
Small
Reliance Chemotex Industries Limited
Textiles
match 90
22
15.3
3.5%
-240%
OVERVALUED
SELMC
Small
SEL Manufacturing Company Limited
Textiles
match 90
17
—
—
—
OVERVALUED
MODTHREAD
Small
Modern Threads (India) Limited
Textiles
match 90
36
18.1
6.2%
+46%
WATCHLIST
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business and thesis
Issuer presentation review pending
BSL Limited operates in Textiles, within the Consumer sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers. The structured result feed currently covers the quarter ended 30 Jun 2026. Investor presentations and earnings-call PDFs will be added as issuer-backed evidence before management claims appear here.
Trust Score
52Limited evidence · low confidenceTrust Lite
Trust asks: does management behaviour match later outcomes? Higher is better, but confidence and evidence depth matter as much as the number.
Limited evidence: Claim history is still being built. It ranks around the 10th percentile of the scored universe and 12th percentile within Consumer. Main check: balance sheet trust is weak at 8/100.
This is a financial-behaviour screen, not a claim-tested management reliability verdict.
Computed 05 Sept 2026
management-trust-v1
41 docs text-extracted · 2 concalls text-extracted
Score band
Limited evidence
Financial behaviour is scored, but management claims do not yet have enough outcome checks.
Relative rank
10th percentile
overall median 67 · Consumer: 12th pctile, median 66 · Small: 12th pctile, median 66
Evidence depth
Financial-only
41 documents have extracted text, but claim history is not strong enough yet.
Claim delivery
Outcome history still building
0 claims extracted · No contradicted claim yet
How to read this Trust Score
Limited evidence · low confidenceWhat it measures
Reliability of management and financial delivery, using financial behaviour only.
Confidence
Treat this as an early read until more concalls and outcomes are matched.
Investor use
Needs extra due diligence; demand valuation comfort and recent improvement.
Read Trust alongside U-Score, result consistency, and technical trend. A cheap stock with weak Trust needs a larger margin of safety; a high Trust score does not make an expensive stock attractive by itself.
Forensic breakdown
Read low sub-scores as due-diligence warnings, not automatic sell signals.
Promoter
86
strong · holding, pledge, alignment
Cash flow
89
strong · profit to cash conversion
Balance sheet
8
weak · leverage and solvency
Discipline
28
weak · capital discipline
Results
35
weak · quarterly consistency
Trust positives
- ▸Promoter holding is 56.7%.
- ▸Promoter pledge is zero.
- ▸FCF yield is 7.9%.
- ▸8 years of positive FCF.
Trust risks
- ▸Debt/equity is 3.66.
- ▸Altman Z is 1.76.
- ▸3 latest quarters had PAT decline worse than 25% YoY.
- ▸Interest coverage is 1.7x.
Trust Lite uses financial behaviour only. Prefer claim-tested Trust when enough concall claims have later outcomes.
Continue researching BSL Limited
Important announcements & filings
Latest exchange and company disclosures found within the past two years.
Open source ↗
Announcement
Announcement under Regulation 30 (LODR)-Acquisition 17 Sep - BSL to acquire 26% in Bhadla Minigrid Solar 5 for Rs 2.35 crore within 4 months.
Source: Bse
Investor presentationAug 2026
Aug 2026 · PPT
Source: Bse
AnnouncementAug 2026
Aug 2026 · Announcement under Regulation 30 (LODR)-Change in Management 22 Aug - BSL appoints Anurag Mathur as Chief Operating Officer effective 22 August 2026.
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 12 Aug
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 17 Jul - Submission of Newspaper Publication - Notice of 55th Annual General Meeting
Source: Bse
AnnouncementJun 2026
Jun 2026 · Announcement under Regulation 30 (LODR)-Press Release / Media Release 11 Aug - BSL Q1 FY27 revenue rose 7.4% to ₹169.7 Cr; EBITDA up 14.2% and PAT at ₹1.7 Cr.
Source: Bse
Investor presentationMay 2026
May 2026 · PPT
Source: Bse
Investor presentationMay 2026
May 2026 · PPT
Source: Bse
Investor presentationMay 2026
May 2026 · PPT
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 20 May
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Press Release / Media Release 19 May - BSL reported FY26 revenue of ₹657 Cr, EBITDA of ₹50 Cr, and Q4 PAT loss of ₹1 Cr.
Source: Bse
All information is for study purposes only. For investment decisions, consult your financial advisor. See Playbook for methodology.