Black Rose Industries Ltd
NSE: BLACKROSE BSE: 514183
Black Rose Industries Ltd (BLACKROSE) is a Diversified company listed on NSE: BLACKROSE | BSE: 514183. With a market cap of ₹528 Cr and ROCE of 19%, ROE of 14%, it operates in the Indian Diversified sector.
₹104
52W: ₹61 — ₹138
PE 23.5 · Book ₹33.2 · +213% vs bookMarket Cap₹528 Cr
Stock P/E23.5Price to Earnings
ROCE19%Return on Capital
ROE14%Return on Equity
Div. Yield0.95%Face Value ₹1
Strengths
- +Company has reduced debt.
- +Company is almost debt free.
- +Company has been maintaining a healthy dividend payout of 35.0%
Weaknesses
- −The company has delivered a poor sales growth of 6.56% over past five years.
Shareholding Pattern
Promoters75%
FIIs0%
DIIs0.15%
Public24.84%
| Category | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters | 75% | 75% | 75% | 75% | 75% | 75% | 75% | 75% |
| FIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| DIIs | 0% | 0% | 0% | 0% | 0% | 0.07%▲0.1 | 0.14%▲0.1 | 0.15%▲0.0 |
| Public | 25% | 24.99%▼0.0 | 24.99% | 24.99% | 24.98%▼0.0 | 24.94%▼0.0 | 24.86%▼0.1 | 24.84%▼0.0 |
Financial Statements
| Metric | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 59.28 | 82.93 | 74.18 | 93.05 | 87.7 | 82.42 | 59.85 | 83.98 | 75.15 | 104.04 |
| Expenses | 52.2 | 75.81 | 68.02 | 86.45 | 79.62 | 73.89 | 53.99 | 76.77 | 68.62 | 91.01 |
| Operating Profit | 7.08 | 7.12 | 6.16 | 6.6 | 8.08 | 8.53 | 5.86 | 7.21 | 6.53 | 13.03 |
| OPM % | 11.94% | 8.59% | 8.3% | 7.09% | 9.21% | 10.35% | 9.79% | 8.59% | 8.69% | 12.52% |
| Net Profit | 5.25 | 5.28 | 4.68 | 10.27 | 5.92 | 5.72 | 4.24 | 4.43 | 4.41 | 9.42 |
| EPS ₹ | 1.03 | 1.04 | 0.92 | 2.01 | 1.16 | 1.12 | 0.83 | 0.87 | 0.86 | 1.85 |
AI Insights
Revenue Trend
Mar 2026 revenue at ₹323Cr, down 4.2% YoY. OPM at 10%.
Debt Position
Borrowings at ₹1Cr. Debt-to-equity ratio: 0.01x. Healthy balance sheet.
Capex Cycle
CWIP at ₹2Cr (4% of fixed assets). Moderate ongoing capital expenditure.
Institutional Flow
DIIs: 0.15% (+0.15pp change). FIIs: 0% (+0.00pp change). Promoters hold 75%.
Margin & Efficiency
ROCE improving from 8% (Mar 2015) to 19% (Mar 2026). Working capital days: 125.
Valuation
PE 23.5x with 19% ROCE. Price is 213% above book value of ₹33.2. Dividend yield: 0.95%.
Recent Announcements
- Announcement under Regulation 30 (LODR)-Newspaper Publication 15 May
- Announcement under Regulation 30 (LODR)-Dividend Updates 13 May - Board approved FY26 audited results, Re.1.25 dividend, and multiple director and auditor appointments.
- Appointment of Company Secretary and Compliance Officer 13 May - Board approved auditors, reappointed two executive directors, designated IR officer, and appointed company secretary on May 13, 2026.
- Announcement under Regulation 30 (LODR)-Change in Management 13 May - Board approved auditors, reappointed two executive directors, appointed company secretary, effective May 13, 2026.
- Standalone & Consolidated Financial Result For The Year Ended March 31, 2026. 13 May
- Financial Year 2025 from bse
- Financial Year 2024 from bse
- Financial Year 2023 from bse