BKM Industries share price

BSE: 539043Industrial Products

BKM INDUSTRIES LIMITED · Formerly Manaksia Industries · Face value ₹1 · Listed Mar 2015

Trading suspended since 26 Nov 2024

Last traded ₹1.80 on 25 Nov 2024

Latest announcements

Routine notices left out.

  1. Oct 2026

  2. Sep 2026

Share price history

Daily closes since Mar 2015, BSE closes in Apr 2015, in Aug 2015 and in May 2024, adjusted for splits and bonuses

Daily close, ₹ per share

Q1 results, quarter to Jun 2026

Consolidated: the company and its subsidiaries together. ₹ crore.

Revenue
₹0.69 Cr+3.7% on the quarter before
Operating profit
−₹1.88 Cr
Net profit
−₹3.66 Cr
Earnings per share
−₹1.72
Operating margin
−273.4%
Net margin
−531.0%

From revenue to net profit, ₹ crore

  1. Revenue0.7
  2. Materials and goods−1.5
  3. Employee costs−0.4
  4. Other expenses−0.7
  5. Operating profit−1.9
  6. Depreciation−1.6
  7. Other income0.0
  8. Finance costs−0.6
  9. Profit before tax−4.0
  10. Tax+0.4
  11. Net profit−3.7

BKM Industries results by quarter

Consolidated: the company and its subsidiaries together. Latest quarter to Jun 2026. Results for the quarter to Sep 2026 are due by 14 Nov 2026, 45 days after it ends. Every company's dates are on the results calendar.

Revenue and net profit by quarter, ₹ crore

  • Revenue
  • Net profit
  • Loss
0−0.3Sep 230−0.4Dec 230.9−1.1Mar 240.0−0.6Jun 240.0−5.1Sep 240−0.5Dec 2400.7Mar 250−0.8Jun 250−0.8Sep 25Dec 250.7−11Mar 260.7−3.7Jun 26
Peak revenue ₹0.93 Cr, quarter to Mar 2024; lowest ₹0.00 Cr, quarter to Sep 2023A loss in 10 of the 11 quarters with results on record

Operating and net margin by quarter, per cent

  • Operating margin
  • Net margin
41.0%−14,764.3%41.0%−2,039.8%−14,764.3%−149.7%−273.4%−114.1%−3,663.3%−11,626.1%−1,601.3%−531.0%Sep 23Mar 24Sep 24Mar 25Sep 25Mar 26Jun 26
₹ croreJun 2023worked outSep 2023Dec 2023Q3Mar 2024Jun 2024Q1Sep 2024Dec 2024Q3Mar 2025Q4Jun 2025Q1Sep 2025Q2Dec 2025Mar 2026Q4Jun 2026Q1
Revenue from operations0.00.00.00.90.00.00.00.00.00.0–0.70.7
0.30.30.40.50.46.60.30.80.30.2–1.72.6
Materials and goods bought0.00.00.00.30.00.00.00.00.00.0–0.61.5
Employee costs0.00.00.00.00.00.00.00.10.00.1–0.40.4
Other expenses0.30.30.40.20.36.50.30.80.30.1–0.60.7
Operating profit before depreciation−0.3−0.3−0.40.4−0.3−6.5−0.3−0.8−0.3−0.2–−1.0−1.9
Operating margin–––41.0%−2,039.8%−14,764.3%–––––−149.7%−273.4%
Depreciation and amortisation0.00.00.01.70.20.20.20.20.20.2–0.21.6
Other income0.00.00.00.10.01.60.02.20.00.0–0.00.0
Finance costs0.00.00.00.00.10.00.00.10.30.4–0.50.6
One-off items0.00.00.00.00.00.00.00.00.00.0–0.00.0
Profit before tax−0.3−0.3−0.4−1.3−0.6−5.1−0.51.1−0.8−0.8–−1.7−4.0
0.00.00.0−0.20.00.00.00.40.00.0–8.9−0.4
Tax rate–––––––38.6%–––––
Net profit−0.3−0.3−0.4−1.1−0.6−5.1−0.50.7−0.8−0.8–−10.6−3.7
Other comprehensive income0.00.00.00.00.00.00.00.00.00.0–45.00.0
Total comprehensive income−0.3−0.3−0.4−1.1−0.6−5.1−0.50.7−0.8−0.8–34.3−3.7
Net margin–––−114.1%−3,663.3%−11,626.1%–––––−1,601.3%−531.0%
Earnings per share–−₹0.04−₹0.07−₹8.55––−₹3.90₹5.36−₹6.50−₹6.28––−₹1.72
Earnings per share in rupees, restated for later splits and bonuses. No results on record for the quarters to Sep 2021, Dec 2021, Mar 2022, Jun 2022, Sep 2022, Dec 2022, Mar 2023 and Dec 2025.

The quarter to Jun 2024 was restated in the company's filing of 13 Nov 2024. The table shows the restated figures.

10 years at a glance

Consolidated: the company and its subsidiaries together. ₹ crore, years to March.

Revenue, net profit and borrowings, ₹ crore

  • Revenue
  • Net profit
  • Borrowings
  • Loss
15028Mar 1718512Mar 1845−55160Mar 193.8−29146Mar 20Mar 21Mar 22Mar 230.9−2.00Mar 240.1−5.613Mar 250.7−1318Mar 26
Peak revenue ₹185 Cr, year to Mar 2018; lowest ₹0.06 Cr, year to Mar 2025A loss in 5 of the 7 years with results on record

Operating and net margin, per cent

  • Operating margin
  • Net margin
25.2%−9,126.2%25.2%13.9%−91.0%−778.1%−73.2%−7,060.3%−268.3%18.6%6.5%−122.0%−779.2%−221.3%−9,126.2%−1,947.3%Mar 17Mar 19Mar 21Mar 23Mar 25Mar 26

Results for the year to Mar 2026

Consolidated: the company and its subsidiaries together. ₹ crore.

From revenue to net profit

  1. Revenue0.7
  2. Materials and goods−0.6
  3. Employee costs−0.7
  4. Other expenses−1.1
  5. Operating profit−1.8
  6. Depreciation−0.7
  7. Other income0.0
  8. One-off items0.0
  9. Finance costs−1.7
  10. Profit before tax−4.2
  11. Tax−8.9
  12. Net profit−13

What the company owns

  • Plant, investments and other assets₹54 Cr
  • Receivables₹0 Cr
  • Inventory₹0 Cr
  • Cash and bank₹0 Cr

What pays for it: net worth and liabilities

  • Net worth₹27 Cr
  • Borrowings₹18 Cr
  • Other liabilities₹9 Cr
  • Owed to suppliers₹1 Cr

Profit and loss

Consolidated, ₹ crore, years to March. No results on record for the years to Mar 2021, Mar 2022 and Mar 2023.

₹ croreMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Revenue from operations150185454–––101
1121598633–––242
Materials and goods bought71119603–––001
Employee costs17–113–––001
Other expenses25–1527–––141
Operating profit before depreciation3826−41−29–––−1−4−2
Operating margin25.2%13.9%−91.0%−778.1%–––−73.2%−7,060.3%−268.3%
Materials, % of revenue47.2%–132.2%73.6%–––34.3%17.7%95.5%
Employee costs, % of revenue11.1%–25.0%80.8%–––0.0%337.9%103.4%
Other expenses, % of revenue16.5%–33.8%723.7%–––138.9%6,804.8%169.5%
Depreciation and amortisation4444–––211
Operating profit after depreciation3422−45−33–––−2−5−3
Other income6325–––000
Finance costs1011155–––002
Profit before one-off items and tax3013−57−33–––−2−5−4
One-off items0000–––000
Profit before tax3013−57−33–––−2−5−4
21−2−4–––009
Profit from discontinued businesses–––0––––––
Net profit2812−55−29–––−2−6−13
Other comprehensive income––00–––0045
Total comprehensive income––−55−29–––−2−632
Net margin18.6%6.5%−122.0%−779.2%–––−221.3%−9,126.2%−1,947.3%
Materials, employee costs and other expenses are shown for the years they add up to operating expenses; for the year to Mar 2018 they do not, so they are left blank.

Balance sheet

Consolidated, ₹ crore, at 31 March.

₹ croreMar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
182154–––−1−227
180152–––−1−227
Share capital77–––002
Reserves174146–––−1−225
Belonging to outside owners of subsidiaries22–––0––
160146–––01318
171201–––341319
8429–––009
437384–––321155
222311–––8853
21572–––042
Net debt157144–––01318
Borrowings are counted again inside the liabilities due within a year and after a year. No balance sheet is on record for the years to Mar 2017 and Mar 2018, so its lines and the ratios worked from it are blank there.

Cash flow

Consolidated, ₹ crore, years to March.

₹ croreMar 2024Mar 2025Mar 2026
−0.3−9.80.0
−0.3−11.90.0
0.4−7.61.8
Receivables−0.1−0.3−0.2
Inventories0.30.0−0.4
Payables0.10.00.5
Other working capital0.0−7.21.9
Tax paid0.00.00.0
Capital spending0.00.01.2
Free cash flow−0.3−9.8−1.2
0.121.4−1.1
0.0−11.51.0
Dividends paid0.00.00.0
Shares bought back0.00.00.0
Shares issued0.02.00.0
Net change in cash−0.10.1−0.1
Capital spending is part of cash from investing, and dividends paid, shares bought back and shares issued are part of cash from financing. Each is shown as an amount on a line of its own, and the section's other items are in its total only. No cash flow statement is on record for the years to Mar 2017, Mar 2018, Mar 2019 and Mar 2020.

Per share

Consolidated, ₹ per share, years to March.

₹ per shareMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Earnings per share–₹1.84−₹8.40−₹4.47–––−₹16.58−₹45.07–
Diluted earnings per share–₹1.84−₹8.40−₹4.47–––−₹16.58−₹45.07–
Dividend per share₹0.20–––––––––
Book value per share––₹27.55₹23.28–––−₹0.21−₹0.26₹4.15
Shareholder yield–––––––0.0%––
Market cap at the year end (₹ crore)––35.42.6–––11.8––
Earnings per share is left blank for the year to Mar 2026: the earnings per share stated does not match any profit the filing states over the shares in issue, and the share count barely moved during the period.

Ratios

Consolidated, years to March.

RatioMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Revenue growth−14.8%23.5%−75.6%−91.7%––––−93.4%1,001.5%
Operating profit growth−0.9%−31.7%––––––––
Net profit growth45.7%−56.7%––––––––
––−30.5%−17.6%–––––−102.8%
–––12.9 pts––––––
From the net margin–––−164.3 pts––––––
From asset turnover–––177.5 pts––––––
From borrowing–––−0.3 pts––––––
Return on capital employed––−13.2%−11.0%––––−46.0%−5.5%
Interest cover3.52.0––––––––
Debt to equity––0.880.95–––––0.68
Receivable days––3163,054––––1,938271
Inventory days––1833,635––––0240
Payable days––3638,153––––0299
Cash conversion cycle, days––136−1,463––––1,938212
Working capital days––1,149−757––––19,644755
Asset turnover––0.100.01–––––0.02
Assets per rupee of net worth––2.422.47–––––2.62
Sales per rupee of plant––0.290.03–––0.120.010.01
Capital spending to depreciation–––––––0.000.001.74
Plant being built, % of plant in use––42.0%41.2%–––0.0%––
Interest cover is left blank for the years to Mar 2019, Mar 2020, Mar 2025 and Mar 2026: operating profit after depreciation is a loss, and a loss covers no interest bill. Return on equity, asset turnover and assets per rupee of net worth are left blank for the years to Mar 2024 and Mar 2025: a tenth or more of the assets on the balance sheet it is worked from are held for sale or for a demerger, so it would mix the business being kept with the part that is leaving. Debt to equity, receivable days, inventory days, payable days, cash conversion cycle, days, return on capital employed and working capital days are left blank for the year to Mar 2024: a tenth or more of the assets on the balance sheet it is worked from are held for sale or for a demerger, so it would mix the business being kept with the part that is leaving. Debt to equity is left blank for the year to Mar 2025: net worth is below zero, so there is no shareholders' money to set the borrowings against. Change in return on equity, from the net margin, from asset turnover and from borrowing are left blank for the years to Mar 2025 and Mar 2026: a tenth or more of the assets on the balance sheet it is worked from are held for sale or for a demerger, so it would mix the business being kept with the part that is leaving. No balance sheet is on record for the years to Mar 2017 and Mar 2018, so its lines and the ratios worked from it are blank there.

Growth and returns over 3, 5 and 10 years

Consolidated: the company and its subsidiaries together. Each window ends with the year to Mar 2026.

Return on assets, latest year
−39.3%
Measure10 years5 years3 years
Revenue growth, yearly rate−42.7%––
Return on capital employed, average––−25.7%
Operating margin, average––−2,467.3%
Net margin, average––−3,764.9%
Cash conversion cycle, days, average––1,075

Where the cash came from and went

Consolidated: the company and its subsidiaries together. ₹ crore, added up over each window, which ends with the year to Mar 2026.

₹ crore3 yearsLatest year
Cash from operations−10.10.0
Cash from investing20.5−1.1
Cash from financing−10.61.0
Capital spending1.21.2
Dividends paid0.00.0
Shares bought back0.00.0
Shares issued for cash2.00.0
Borrowings raised5.72.7
Borrowings repaid16.50.0

Accounting checks

Consolidated, years to March. Published tests of whether reported profit is backed by cash and the balance sheet.

CheckMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Piotroski score, out of 9Published threshold 3 points out of 9–––––––––3
Altman Z-scorePublished threshold 1.81––0.54−0.09–––−1.51––
Beneish M-scorePublished threshold −1.78––––––––68.4217.48
Profit not backed by cash, % of assetsPublished threshold 10 per cent of average total assets––––––––−78.84−35.97
Receivables growth less revenue growthOur threshold 0 percentage points–––72.11––––569.13−947.60
Inventory growth less cost-of-goods growthOur threshold 0 percentage points–––87.28––––−3.40–
Other current assets growth less revenue growthOur threshold 5 per cent of revenue–––−430.67––––3,902.46−164.91
Effective tax ratePublished threshold 17.16 per cent6.129.72––––––––
A threshold marked as ours has no published figure; it is the line we read the check against.

Credit ratings

An agency's view of the chance the company repays a borrowing on time, from AAA, the highest, down to D, in default.

DateAgencyBorrowing ratedRatingOutlookAmount, ₹ Cr
5 Feb 2026CARE Ratings LimitedFund-based - LT-Term LoanLong-term scaleCARE D; ISSUER NOT COOPERATING*Review, Re-affirm20
5 Feb 2026CARE Ratings LimitedFund-based - LT-Cash CreditLong-term scaleCARE D; ISSUER NOT COOPERATING*Review, Re-affirm60
5 Feb 2026CARE Ratings LimitedNon-fund-based - ST-BG/LCShort-term scaleCARE D; ISSUER NOT COOPERATING*Review, Re-affirm28.50
The latest rating on each borrowing. The agency's name opens its reasoning for the rating.

Business segments

One segment, Manufacturing, carries all the revenue in the year to Mar 2026.

Who owns BKM Industries, filing by filing

Per cent of the company's shares. Every filing on record, from Sep 2023; the latest is the filing for Sep 2026.

Sep 2026 filing

  • Promoters37.54%
  • Indian institutions4.72%
  • Individuals and others57.74%

Shareholding pattern, per cent

  • Promoters
  • Indian institutions
  • Individuals and others
57.74%4.72%37.54%37.54%37.54%37.54%37.54%37.54%37.54%37.54%37.54%37.54%37.54%37.54%37.54%4.72%4.72%4.72%9.45%4.72%4.72%4.72%4.72%4.72%4.72%4.72%4.72%4.72%57.74%57.74%57.74%53.01%57.74%57.74%57.74%57.74%57.74%57.74%57.74%57.74%57.74%Sep 23Mar 24Sep 24Mar 25Sep 25Mar 26Sep 26
Per centSep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026
37.54%37.54%37.54%37.54%37.54%37.54%37.54%37.54%37.54%37.54%37.54%37.54%37.54%
Indian promoters37.54%37.54%37.54%37.54%37.54%37.54%37.54%37.54%37.54%37.54%37.54%37.54%37.54%
62.46%62.46%62.46%62.46%62.46%62.46%62.46%62.46%62.46%62.46%62.46%62.46%62.46%
Promoter shares pledgedShare of the promoters' own shares9.35%9.35%9.35%9.35%9.35%9.35%9.35%9.35%9.35%9.35%9.35%9.35%9.35%
Shares in issue6,55,34,0506,55,34,0506,55,34,0506,55,34,0506,55,34,0506,55,34,0506,55,34,0506,55,34,0506,55,34,0506,55,34,0506,55,34,0506,55,34,0506,55,34,050
Pledged is the share of the promoters' own shares given to lenders as security. A dash is a line the filing did not state. “Under 0.01%” is a holding of shares too small to show at two decimals.

Number of BKM Industries shareholders

Shareholders on the company's register in each filing.

Shareholders, filing by filing

32,428Sep 2332,487Dec 2332,487Mar 2432,059Jun 2432,284Sep 2432,718Dec 2432,716Mar 2532,716Jun 2532,714Sep 2532,714Dec 2532,714Mar 2632,714Jun 2632,714Sep 26
ShareholdersSep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026
All shareholders32,42832,48732,48732,05932,28432,71832,71632,71632,71432,71432,71432,71432,714
4444444444444
Indian promoters4444444444444
32,42432,48332,48332,05532,28032,71432,71232,71232,71032,71032,71032,71032,710
A dash is a line the filing did not state.

BKM Industries promoters

Promoters are the founders, families and companies that control the company, as its filings name them. Every member of the promoter group holding shares in the filing for Sep 2026; the largest is Basant Kumar Agarwal, 16.64%.

Holder
Basant Kumar AgarwalIndividuals and Hindu undivided families16.64%1,09,05,9404.58%
Navneet ManaksiaIndividuals and Hindu undivided families9.54%62,50,00014.40%
Aditya B ManaksiaIndividuals and Hindu undivided families9.46%62,00,00014.52%
Saroj Devi AgrawalIndividuals and Hindu undivided families1.90%12,46,5950.00%
Pledged is the share of the holder's own shares pledged to a lender.

Largest public holders of BKM Industries, filing by filing

Per cent, on the same shares as the split above.

HolderSep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026
ICICI BANK LIMITEDBanks4.72%4.72%4.72%4.72%4.72%4.72%4.72%4.72%4.72%4.72%4.72%4.72%4.72%
Anisha Inayat KarediaResident individuals, over ₹2 lakh at face value–2.17%2.17%3.52%3.52%3.48%3.48%3.48%3.48%––––
Ronak AnilkumarResident individuals, over ₹2 lakh at face value–1.05%1.05%1.27%1.28%1.19%1.19%1.19%1.19%––––
Indiradevi Anilkumar DardaResident individuals, over ₹2 lakh at face value–1.05%1.05%1.14%1.13%1.11%1.11%1.11%1.11%––––
Malik Dinmohammed KhojaResident individuals, over ₹2 lakh at face value–––1.00%1.00%1.00%1.00%1.00%1.00%––––
Garg Brothers Pvt. Ltd.Companies1.85%––––––––––––
A filing names every holder above one per cent, in the company's own words: an insurer's holding can carry one of its funds' names. A dash is a filing that did not name the holder, which includes holding under one per cent.

Who moved in the Sep 2026 filing

Against the Sep 2026 filing. A filing names a public holder only at 1% or more, so a holder no longer named fell under 1% or sold out.

  • Indian institutions: ICICI BANK LIMITED newly named at 4.72%

BKM Industries dividend calendar

Each payment in the month it went ex, as declared, ₹ a share at the time. Years running counted to the year to Mar 2026.

Dividends by the month each went ex
YearJanFebMarAprMayJunJulAugSepOctNovDecIn the year
2017₹0.20₹0.20

Interim or final dividendSpecial dividendNone that month

Dividends by year

The share of each year's profit paid out, for the year it was paid for.

Share of profit paid out, %, where the year's results are on record

Mar 17Mar 18Mar 19Mar 20Mar 21Mar 22Mar 23Mar 24Mar 25Mar 26

BKM Industries dividend history

Every payment with its ex-date and record date, year by year.

2017

  • Sep8Fri

    ₹0.20Final

    Ex-date 8 Sep 2017 · books closed to 18 Sep 2017

    0.48%of the price

Grouped by the calendar year each went ex, so a year's total here can differ from the year it was paid for above. Of the price is the dividend as a share of the close on the session before its ex-date. A book closure is the run of days the company's register is frozen to settle who is paid; a record date is the one-day form of it.

BKM Industries share price by year

Each calendar year to 2024.

YearClose at year endChangeHighest closeLowest close
2024BSE close1.80+28.6%2.401.33
20231.40+16.7%1.600.65
20221.20−54.7%4.501.10
20212.65+103.8%2.650.85
20201.30+85.7%1.600.35
20190.70−91.8%8.300.60
20188.55−76.7%42.406.70
201736.75+182.7%48.3013.25
201613.00+94.0%21.702.80
2015BSE close6.70–17.904.20
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. 2015 is from its first session, 30 Mar 2015. The 2024 close is its last trade, on 25 Nov 2024.

Recent sessions

The 10 trading days to 25 Nov 2024, as traded on BSE.

DateOpenHighLowCloseAverage priceVolume
25 Nov 20241.801.841.801.801.8349,137
18 Nov 20241.761.761.761.761.761,33,382
11 Nov 20241.651.681.651.681.6766,794
4 Nov 20241.601.601.541.601.5668,330
28 Oct 20241.581.581.501.531.5511,444
21 Oct 20241.621.741.571.581.6397,141
14 Oct 20241.701.711.551.661.681,03,699
7 Oct 20241.721.721.631.631.6533,068
30 Sep 20241.721.721.641.721.721,09,830
23 Sep 20241.571.641.571.641.6348,826
Prices in ₹ per share as traded, not adjusted.

Company details

BSE code
539043
ISIN
INE831Q01016
Industry
Industrial Products
Former symbols
BKMINDST, MANAKINDST
CIN
L27100WB2011PLC161235
Corporate identity number, the registrar of companies' code for it
Incorporated
2011
Registered office
Bikaner Building, 3rd Floor, 8/1, Lal Bazar Street, Kolkata 700001, West Bengal
Share registrar
MUFG Intime India Pvt. Ltd
Keeps the register of shareholders and handles transfers and dividend payments