Management have already clarified on 6th Aug that they have no exposure to Bangladesh so they won’t get affected.
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Hi,
Trying to understand to the total addressable market(TAM) for Filters and Dryers and what can be the revenue for BEW out of that. Based on their July’2023 presentation, 3 listed players(GMM, HLE and BEW) do a business of 600 Crs for filters and dryers in the organized market and couple of other manufacturers have a turnover of 200-250 Crs. In addition to this Drum Dryers have a TAM of 150-200 Crs. So roughly the entire Indian dryer market is around 1000 Crs and 800-850 Crs excluding Drum Dryers. BEW has claimed that it has 40% market share of Dryers in India. Last year their entire revenue was 120 Cr. 90% (108 Cr) was domestic revenue. Filters and Dryer combined revenue was 90%. So around 95-100 Cr was domestic revenue from Dryers and Filters. Now 40% of 800 Cr is 320 Cr. Am I missing something here because the numbers don’t add up.
Moreover I am trying to establish a revenue potential for BEW here. They are targetting a revenue of 300 Cr in FY 27. Let’s say if they grow their exports to 25% by that time then the Domestic revenues would be 225 Cr and out of that Filters and Dryers would contribute around 180-190 Cr. What would be the maximum Domestic Revenue that they can achieve out of the current product mix ?
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Stock is in lower circuit from the time news came out about sad demise of Mr. Prakash Bhalchandra Lade, Chairman & Director of BEW Engineering Limited.
What could be future perspective of bussiness , and any hope for recovery in stock price .
The stock has fallen with HUGE VOLUMES. So pretty high chances that the institutions are out of this counter.
So price recovery MAY take a lot of time in the future.
This is only on the stock chart. I don’t know the exact ground reality of the business.
Just Tracking.
dr.vikas
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Stock suddenly disappeared from my demat stating company got de listed! Is the company shut down? Any info will be helpful
must be a glitch, there’s no announcement from the company yet & it’s still on the exchanges
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