BSL chart

Last update: 2022-06-03
Key statistics and financials
Revenue per share 423.31
Dividend & YieldN/A₹ (N/A)
Beta 0.73
Market capitalization 1.1B
Operating cash flow 25.77M
ESG Scores unknown

Company description

BSL Limited, a textile company, manufactures and sells fabrics and yarns in India and internationally. The company operates through Textile and Wind Power segments. It produces a range of polyester viscose fabrics, including suiting, shirting, safari, and corduroy blends; worsted fabrics, such as wool, wool rich, lycra blended poly wool, poly viscose, mohair polyester wool, and polyester silk wool fabrics. The company also offers wool, wool-blended, and premium lightweight fabrics; wool modal, Trevira wool, and other specialized fabrics blended with lycra, silk, linen, tencel, etc.; and furnishing and fashion fabrics. In addition, it is involved in the generation of wind power at Jaisalmer. The company offers its products online under the BSL, INSIGNIA, and GEOFFREY HAMMONDS brands. BSL Limited was incorporated in 1970 and is based in Noida, India.

Sector: Consumer Cyclical - Industry: Textile Manufacturing

Financial Ratios
Quick Ratio0.55
Working Capital0.25
Return On Equity0.13
Debt To Equity0.51
Fixed Asset Ratio0.01
Fixed Interest Cover2.04

Financial data

Financial Statements

Cashflow Statement 2019-03-31 2020-03-31 2021-03-31 2022-03-31
Change To Liabilities -21.84M 56.53M -325.45M 269.8M
Total Cashflows From Investing Activities -1.09M -15.54M -13.4M -152.19M
Net Borrowings -30.46M -104.05M -895k 251.11M
Total Cash From Financing Activities -201.39M -269.14M -154.28M 127.56M
Change To Operating Activities -64.46M 25.96M -34.91M -133.06M
Issuance Of Stock
Net Income 8.72M 16.63M 13.59M 114.8M
Change In Cash -607k 1.4M -2.21M 1.14M
Effect Of Exchange Rate
Total Cash From Operating Activities 201.88M 286.07M 165.46M 25.77M
Depreciation 158.56M 129.57M 120.92M 115.17M
Change To Account Receivables 20.64M 152.49M -3.94M -197.73M
Other Cashflows From Financing Activities -160.64M -165.09M -153.38M -123.55M
Change To Netincome 120.58M 114.15M 161.39M 110.39M
Capital Expenditures -41.63M -20.83M -18.67M -160.91M

Income Statement 2019-03-31 2020-03-31 2021-03-31 2022-03-31
Research Development
Income Before Tax 11.58M -8.66M 12.3M 159.8M
Net Income 8.72M 16.63M 13.59M 114.8M
Selling General Administrative 661.64M 684.66M 580.49M 685.4M
Gross Profit 2.06B 1.96B 1.63B 1.79B
Ebit 148.37M 161.4M 168.35M 284M
Operating Income 148.37M 161.4M 168.35M 284M
Interest Expense -158.52M -165.09M -153.38M -139.3M
Income Tax Expense 2.86M -25.29M -1.28M 45M
Total Revenue 4.37B 3.9B 3.21B 4.36B
Cost Of Revenue 2.31B 1.94B 1.58B 2.57B
Total Other Income ExpenseNet -136.79M -170.05M -156.04M -124.2M
Net Income From Continuing Ops 8.72M 16.63M 13.59M 114.8M
Net Income Applicable To Common Shares 8.72M 16.63M 13.59M 114.8M

Balance Sheet Statement 2019-03-31 2020-03-31 2021-03-31 2022-03-31
Total Liabilities 2.5B 2.46B 2.1B 2.63B
Total Stockholder Equity 767.49M 750.47M 782.78M 893M
Other Current Liabilities 128.22M 178.18M 159.28M 219.3M
Total Assets 3.27B 3.21B 2.88B 3.52B
Common Stock 102.92M 102.92M 102.92M 102.9M
Other Current Assets 36.02M 38.13M 38.27M 254.3M
Retained Earnings 363.7M 373.81M 383.75M
Treasury Stock 108.31M 81.17M 103.55M 790.1M
Cash 1.97M 3.37M 1.15M 5.9M
Total Current Liabilities 2.09B 2.15B 1.71B 2.12B
Other Stockholder Equity 108.31M 81.17M 103.55M 790.1M
Property, Plant, and Equipment 1.01B 890.42M 778.84M 799.4M
Total Current Assets 2.24B 2.29B 2.08B 2.57B
Net Tangible Assets 764.61M 748.44M 781.32M 876.7M
Net Receivables 1.01B 822.43M 878.06M 899.7M
Accounts Payable 475.45M 531.98M 206.53M 476.3M


Insider Transactions

Here are the insider transactions of stock shares related to BSL:

Filer Name Transaction Text Ownership Date Filer Relation Shares
Mandawa Niyojan Pvt LtdOther at price 0.00 per share.D2022-02-08Promoter143.42k
Churiwal Properties & Investments Pvt LtdOther at price 0.00 per share.D2022-02-08Promoter275.05k
PRC Niyojan Pvt LtdOther at price 0.00 per share.D2022-02-08Promoter131.63k
Jhunjhunwala (Ravi)Other at price 0.00 per share.D2020-11-25Promoter27.41k
Jhunjhunwala (Ravi)Gift at price 0.00 per share.D2020-09-25Promoter12.56k
Chokani (Sushila Devi)Gift at price 0.00 per share.D2020-09-25UNREPORTED12.56k
Jhunjhunwala (Lakshmi Niwas)D2020-05-18Promoter33.07k
Jhunjhunwala (Ravi)D2020-05-18Promoter33.07k
Akunth Textile Processors Pvt. Ltd.D2017-11-22Institution- Corporation197.66k
Giltedged Industrial Securities LtdD2017-11-22Promoter197.66k
Akunth Textile Processors Pvt. Ltd.D2016-07-12Institution- Corporation500.11k
Investors India LtdD2016-07-12Promoter500.11k
Purvi Vanijya Niyojan Ltd.D2015-04-21Promoter512.22k
Raghav Commercial Ltd.D2015-04-21Promoter668.34k
Nivedan Vanijya Niyojan Ltd.D2015-04-21Promoter620.45k
Churiwal (Sudha)D2015-04-21Promoter708.89k
LNJ Financial Services Ltd.D2015-04-21Promoter708.89k
Churiwal (Arun Kumar)D2015-04-21Executive Chairman668.34k
Churiwal (Shubha)D2015-04-21UNREPORTED620.45k
Churiwal (Nivedan)D2015-04-21Managing Director512.22k
Jhunjhunwala (Sushil)D2014-06-07Director (Non-Executive)3.45k
Jhunjhunwala (Sushil)D2014-06-06Director (Non-Executive)6.55k
Jhunjhunwala (Sushil)D2014-05-05Director (Non-Executive)911
Jhunjhunwala (Sushil)D2014-04-28Director (Non-Executive)2.3k
Jhunjhunwala (Sushil)D2014-04-25Director (Non-Executive)6.79k

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to BSL. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on BSL

Here is the result of two systematic investment strategies applied to BSL. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on BSL

The following chart shows the equity curve of the two systematic investment strategies applied to BSL:

BSL automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 206.71% on the backtest period.

Performance at glance

Performance

206.71 %

Latent gain

5098.05 ₹

Invested capital

2466.25 ₹

Annualized return

48.98 %
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Momentum strategy results on BSL

This is the result of two momentum investment strategies applied to BSL. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on BSL

The following chart shows all the entries opened by the momentum investment system on BSL:

BSL momentum entries
  • The first momentum investment strategy would give 222.08% of return on BSL. That represents 11132.0₹ of latent gain with 5012.7₹ of employed capital.
  • The second momentum investment strategy would give 201.21% of return on BSL. That represents 7390.9₹ of latent gain with 3673.3₹ of employed capital.
Performance at glance (1Q Momentum)

Performance

222.08 %

Latent gain

11132.0 ₹

Invested capital

5012.7 ₹

Annualized return

0.0 %
Performance at glance (2Q Momentum)

Performance

201.21 %

Latent gain

7390.9 ₹

Invested capital

3673.3 ₹

Annualized return

53.8 %

Momentum equity curve on BSL

The following chart shows the equity curve of the two momentum strategies applied to BSL:

BSL momentum equity

Note: the dividends potentially given by BSL are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on BSL

The following chart shows the employed capital evolution of the two momentum strategies on BSL since the beginning:

BSL

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250₹, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000₹.


Buy the dip strategy result on BSL

Buy the dip entry openings on BSL

BSL

The performance achieved by the robo-advisor on BSL is 0%. That represents 0.0$ of latent gain with 0.0₹ of employed capital. The following chart shows BSL stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of BSL, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

0 %

Latent gain

0.0 ₹

Invested capital

0.0 ₹

Annualized return

0.0 %

Equity curve of the strategy applied to BSL

The following chart shows the result of the investment strategy applied to BSL:

BSL

Note: the dividends potentially given by BSL are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on BSL

The following chart shows the employed capital evolution since the beginning of the investment strategy on BSL:

BSL

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on BSL

In this section, I will compare the three previous investment strategies applied to BSL.

Equity curve comparison on BSL

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

BSL investment strategy comparison

Employed capital comparison on BSL

BSL investment comparison

Performance comparison on BSL

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 206.71% 5098.05₹ 2466.25₹ 48.98%
Momentum 1 quarter 222.08% 11132.0₹ 5012.7₹ 55.8%
Momentum 2 quarters 201.21% 7390.9₹ 3673.3₹ 53.8%
Non-directional 0% 0.0₹ 0.0₹ 0.0%
Annualized return comparison

Automatic investment

48.98 %

Momentum 1Q

53.8 %

Momentum 2Q

53.8 %

Non-directional

0.0 %

Correlated stocks

Here are the most positively and negatively correlated stocks with BSL:

Positive correlations

Most correlated stocks this year


Most correlated stocks last 3 months

Negative correlation

Most negatively correlated stocks this year


Most negatively correlated stocks last 3 months

Note: The algorithm computes the probability of correlation between BSL and the other stocks. There may be false positives or some missing correlated stocks. If the price of BSL does not vary for 36 weeks, the correlation calculation result will be wrong.


Company information

Company name BSL
Country India
City Noida
Address Bhilwara Towers
Phone 91 12 0439 0300
Website www.bslltd.com
FullTime employees
Industry Textile Manufacturing
Sector Consumer Cyclical
Exchange XNSE
Ticker BSL.XNSE
Market

BSL ESG Scores

Environment scores

Environment ESG Factors Scores
Environment Score 0
Peer Environment Performance unknown
Environment Percentile unknown
Palm Oil unknown
Nuclear unknown
Fur Leather unknown
GMO unknown
Coal unknown
Pesticides unknown
Animal Testing unknown

Social scores

Social ESG Factors Scores
Social Score 0
Peer Social Performance unknown
Social Percentile unknown
Highest Controversy unknown
Peer Highest Controversy Performance unknown
Adult unknown
Gambling unknown
Alcoholic unknown
Tobacco unknown
Catholic unknown
Controversial Weapons unknown
Small Arms unknown
Military Contract unknown
Peer Count unknown

Related Controversy:


Governance scores

Governance ESG Factors Scores
Governance Score 0
Peer Governance Performance unknown
Governance Percentile unknown

ESG at glance
Total ESG Scores: unknown
Environment Score: 0
Social Score: 0
Governance Score: 0

ESG Performance: unknown

Peer Group: unknown

Peer Esg Score Performance: unknown

Rating Year: unknown

Rating Month: unknown

Max Age: unknown

Percentile: unknown