Slide 1: Covering letter to stock exchanges
Date- 06.05.2026 To, To, The Manager The Manager Listing Department Listing Department BSE Limited The Calcutta Stock Exchange Limited Phiroze Jeejeebhoy Towers Lyons Range, Dalal Street, Mumbai- 400001 Kolkata – 700 001 Scrip Code: 542669 Scrip Code: 12141- CSE SYMBOL: BMW Dear Sir / Madam, Subject
Slide 2: BMW Industries Limited FY26 Investor Presentation
BMW Industries Limited FY26 Investor Presentation
Slide 3: Safe Harbor Statement
Safe Harbor Statement This presentation may contain certain “forward-looking statements” within the meaning of applicable securities laws and regulations, which may include those describing the Company’s strategies, strategic direction, objectives, future projects and/or prospects, estimates etc. In
Slide 4: Inside this Presentation
Inside this Presentation 01 02 03 04 COMPANY MANAGEMENT PROCESS VALUE PRODUCT SNAPSHOT COMMENTARY CHAIN OFFERINGS 05 06 07 08 KEY OPERATIONAL SHAREHOLDING CONTACT HIGHLIGHTS HIGHLIGHTS PATTERN DETAILS
Slide 5: BMW Industries Limited
BMW Industries Limited ▪ BMWIL operates in the downstream value-added steel products segment, building on its legacy conversion business while expanding into higher value-added offerings such as Colour-Coated and Alloy-coated steel products ▪ Legacy Conversion Business o Core offerings: HRPO, CR, Pi
Slide 6: Key Milestones
Key Milestones Commenced Steel Service Commissioned Automatic Commissioned TMT Increased offerings to include Commissioned Strategic partnership with Center in Jamshedpur and Structural Rolling and Rolling Mill at Logistics Solutions, Rooftop Solar Plant IOCL for PNG Business Relationship with fabri
Slide 7: BMWIL's Process Value Chain
BMWIL’s Process Value Chain BILLETS TMT TMT BARS BARS FROM CUSTOMER PICKLING & COLD HR COILS TRIMMING ROLLING CR COILS GI COATED COILS CONVERSION BUSINESS LEGACY/ HRPO COILS FHCR COILS SLITTING SLITTING CORRUGATION GI COATED GC PIPES & TUBES SHEETS HR COIL/ CR COIL MS / CR FROM CUSTOMER SLITTING PIP
Slide 8: BMWIL's Product Portfolio & Capacity
BMWIL’s Product Portfolio & Capacity CGL COMPLEX ROLLING MILL PIPES & TUBES Installed Capacity 10,14,000 MT Installed Capacity 1,80,000 MT Installed Capacity 7,32,000 MT • HRPO Coils: Pickled & oiled hot rolled steel with a • Rolling Mill: Converts billets into finished rebar steel • Hot Rolled and
Slide 9: BMWIL's Bokaro Offerings & Capacity
BMWIL’s Bokaro Offerings & Capacity COLD ROLLED FULL HARD COILS/SHEETS GA/ GL/ ZAM COILS/SHEETS COLOUR COATED COILS/SHEETS Future Installed Capacity 300,000 TPA Future Installed Capacity 540,000 TPA Future Installed Capacity 200,000 TPA • Cold reduction of hot rolled steel to achieve precise • Steel
Slide 10: Key Operational Highlights
Key Operational Highlights Installed Particulars# Capacity (MT) Production (MT) Annualized Utilization CRM Complex1 10,14,000 7,18,605 70.9% Legacy Rolling Mill (TMT Bars) 1,80,000 74,975 41.7% Business Pipes & Tubes2,3 7,32,000 2,01,623 34.2% Note: #: Capacity & Production as on March’26 1: CRM Com
Slide 11: Key Investment Thesis
Key Investment Thesis Experienced Team Leveraging 40 years of Management expertise to expand steel processing capabilities Strong Industry Growth Drivers Location Advantage & Logistics Edge Strong growth potential fueled by rising demand Key industrial hub with robust infrastructure, & capacity for
Slide 12: Strong Board Governance & Experience
Strong Board Governance & Experience Ram Gopal Bansal Harsh Bansal Vivek Bansal Joginder Pal Dua Chairman & WTD Managing Director Managing Director Independent Director ▪ Founder, with 50 + years of ▪ 25+ years of experience ▪ Graduate from Calcutta university ▪ Over 30 years with Oriental Bank of e
Slide 13: Execution-Focused Management Team
Execution-Focused Management Team Vikram Kapur Ramkrushna Singh Avinash Jha CFO & CS cum Compliance Officer VP – Finance VP – Operations ▪ 31+ years of experience in finance and ▪ 30 years of experience in corporate ▪ 23 years of experience in corporate leadership. finance. manufacturing and process
Slide 14: Location Advantage & Logistics Edge
Location Advantage & Logistics Edge Proximity to Steel Producers, Customers & Logistics Hubs HOWRAH, WB 5* 2 1 Steel Processing Centre ▪ Pipes & Tubes Plants Plants Plant + H.O. ▪ TMT Jamshedpur Bokaro West Bengal JAMSHEDPUR, JH ISIL Unit ▪ Pipes & Tubes Manifit Unit ▪ Slitting ▪ Secondary Processin
Slide 15: Bokaro Downstream Expansion
Bokaro Downstream Expansion Designed for Efficiency, Built for Scale From Customer and Product Concentration to Diversification ▪ De-risked customer and end-use exposure: Transition from a niche market focus and concentrated customer base to a diversified mix of customers and end-use industries enha
Slide 16: Bokaro Downstream Expansion – Update
Bokaro Downstream Expansion – Update Positions BMWIL as an integrated, value-added downstream steel player ₹803 Cr Q1 FY27 Total Project Cost Commencement of Phase 1 of Plant Operations ▪ Establishing a Downstream Steel Complex in Bokaro, Jharkhand - India’s 2nd highest steel-producing state ▪ The C
Slide 17: Glimpses of Bokaro Project
Glimpses of Bokaro Project December, 2025 March, 2026
Slide 18: Key Financial Highlights
Key Financial Highlights OPERATING INCOME OPERATING EBITDA1,# & MARGIN PROFIT AFTER TAX 2 & MARGIN *10.4% *23.8% 66,523 *11.9% 8,112 62,862 16,514 59,819 15,706 7,505 56,234 14,815 12,968 6,375 In INR Lakhs In INR Lakhs In INR Lakhs 44,738 5,447 10,546 11.9% 11.8% 3,453 10.6% 26.3% 9.5% 23.6% 23.1%
Slide 19: Strong & Stable Cashflows
Strong & Stable Cashflows PAT DIVIDEND PAYOUT % NCOA* NCOA/OP. EBITDA* ▪ The company has strong and consistent operating cash 8,112 25.0% 26,824 7,505 3.00 flow 25,000 6,375 20.0% 2.50 5,447 15.2% 20,000 2.00 12.9% 12.0% 15.0% ▪ Net Debt/Equity is at a very comfortable level of 0.45 15,000 12,563 12
Slide 20: Industry Tailwinds
Industry Tailwinds Crude steel Capacity and Production are projected to increase materially by FY31, driving higher domestic consumption and accelerating demand and output of value-added steel products CRUDE STEEL PRODUCTION STEEL CAPACITY FY25 FINISHED STEEL CONSUMED INDIA MARKET CAGR (2025 –33) 15
Slide 21: Coated Steel premiumization is accelerating demand
Coated Steel premiumization is accelerating demand GA/GL/ZAM - Coated Steel Market, By Revenue In USD Billions ▪ Rapid urbanisation, affordable housing, and large-scale infrastructure programmes such as PMAY, Smart Cities Mission, and PM Gati Shakti are driving sustained demand for durable 5.9% 6.0%
Slide 22: Financial Summary
Financial Summary
Slide 23: Profit & Loss Summary
Profit & Loss Summary In INR Lakhs Particulars FY24 FY25 FY26 Revenue from Operations 59,819 62,862 66,523 Operating EBITDA 15,7061 14,815* 16,514 Operating EBITDA Margin (%) 26.3% 23.6%* 24.8% Other Income 429 1,007 1,479 Finance Costs 1,979 1,433* 1,888 Depreciation 4,452 4,410 5,226 One-time Cust
Slide 24: Revenue Breakup
Revenue Breakup In INR Lakhs Particulars FY24 FY25 FY26 CRM Complex1 38,911 37,367 40,461 Rolling Mill (TMT Bars) 2 9,399 10,508 4,685 Pipes & Tubes 4,929 7,296 8,409 Logistics 4,683 3,844 4,156 Others 1,897 3,847 8,811 Total Revenue 59,819 62,862 66,523 Note: 1. CRM Complex includes proprietary sal
Slide 25: Balance Sheet Summary
Balance Sheet Summary In INR Lakhs Particulars FY24 FY25 FY26 Net Worth 66,247 73,267 80,400 Net Debt 11,833* 14,211* 36,382 Capital Employed1 82,894* 95,633* 1,21,701 Net Fixed Assets 58,300 67,342 83,378 Net Current Assets2 9,648 10,674* 10,886 Total Assets 87,994 1,01,555 1,29,056 Note: 1: Capita
Slide 26: Key Ratios
Key Ratios Particulars FY24 FY25 FY26 Operational Ratios Net Fixed Asset Turnover Ratio 1.13 1.00 0.88 Sales/Capital Employed 0.71 0.70* 0.61 Cash Conversion Cycle Days1 108* 67* 87 Solvency Ratios Net Debt/ Equity 0.18 0.19* 0.45 Net Debt/ Operating EBITDA 0.75 0.96* 2.20 Interest Coverage Ratio 5.
Slide 27: Cash Conversion Cycle
Cash Conversion Cycle Particulars Mar’24 2 Mar’25 2 Mar’26 2 Receivable Days 58 41 63 Inventory Days 63 37 34 Payable Days 13 11 11 Cash Conversion Cycle1 108 67 87 Note: 1. Based on Operating Income 2. During the year, certain items have been regrouped / reclassified to better reflect their nature.
Slide 28: Shareholding Pattern
Shareholding Pattern As on 31st March, 2026 0.5% 0.7% 13.8% Promoter & Promoter Group Bodies Corporate 10.6% Resident Individuals NRIs Others 74.4%
Slide 29: Staying true to our ESG commitments
Staying true to our ESG commitments E S G ▪ Installed Solar ▪ Annual Health ▪ Consistently Panels across Check-up Camp: endeavor to facilities, to 600+ practice good reduce carbon beneficiaries Corporate footprint ▪ Eye Check-up Governance ▪ Achieved Zero Camp: ▪ Believe that such Liquid Discharge 5
Slide 30: Thank You
Thank You For further details please contact: Chief Financial Officer & CS Investor Relations Advisor Vikram Kapur Mudit Nahata Email: vikramkapur@bmwil.co.in Email: ir@uirtus.in