B. D. Industries (Pune) IPO Review

BDI Group (of companies) is an certified organization manufacturing plastic products in mumbai since over 35 years. THey manufacture over 500 products and cater to 8 different industries including custom rotational moulding. They are vendors to leading Automotive companies for fuels tanks, in-cab parts, fenders, roof tops, adblue tanks etc. BDI also manufactures various kinds of road barriers and other allied products for the safety industry.

The company is led by Dalbirpal Saini (founding Promoter and Chairman & Managing Director) along with Sanjay Patil (Whole Time Director). Dalbirpal Saini has an extensive experience in the industry and he oversees the Company's operations and give strategic direction of the Company. The success is built on continuous efforts to improve product quality, enhance processes, and scale their operations to meet the evolving needs of the market.

The Revenues from operations for the Fiscals ended on Mar 31, 2025, 2024 and 2023 were ₹ 8,413.28 Lakh, ₹ 5,533.15 Lakh and ₹ 5,509.89 Lakh. The EBITDA for the Fiscals ended on Mar 31, 2025, 2024 and 2023 were ₹ 1,558.26 Lakh, ₹ 578.95 Lakh and ₹ 321.40 Lakh. The Profit after Tax for the Fiscals ended on Mar 31, 2025, 2024 and 2023 were were ₹ 814.83 Lakh, ₹ 318.00 Lakh and ₹ 149.22 Lakh respectively. This indicates a steady growth in financial performance.

The Company Key Performance Indicates the pre-issue EPS of ₹ 7.6 and post-issue EPS of ₹ 5.73 for FY24. The pre-issue P/E ratio is 14.21x, while the post-issue P/E ratio is 18.83x against the Industry P/E ratio is 46x. The company's ROCE for FY24 is 43.50%, ROE for FY24 is 43.86% and RoNW is 35.97%. These metrics suggest that the IPO is fairly priced.

The Grey Market Premium (GMP) of B. D. Industries (Pune) showing listing gains of 16.81 %.Given the company's financial performance and the valuation of the IPO, we recommend Risky Investors to Apply to the B. D. Industries (Pune) Limited IPO for Listing gain.

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About the Author
CA Abhay Kumar (Also known as  CA Abhay Varn) is a qualified Chartered Accountant by profession and cleared CA at age 21. He is a SEBI Registered Research Analyst with Registration Number - INH300008465. He Possesses 8+ years of experience in the Stock Market Field and has also worked in Big CA firms.