Kolkata: BMW Industries Limited (herein referred to as “BMWIL”), one of the most trusted names in the Steel Processing Industry, announced its Q3 FY26 results today. The Board of Directors of BMWIL at its meeting held on 29th January 2026 took on record the unaudited Financial Results for the third quarter of the Financial Year 2025-26.
Ram Gopal Bansal, Chairman, BMW Industries Limited said:“We are pleased to state that our Greenfield Downstream Steel Complex at Bokaro is progressing very well and we have also successfully tied-up ₹500 crores in debt financing from a consortium led by State Bank of India, and comprising of HDFC Bank, and Yes Bank. This expansion marks a strategically significant milestone for the Company, as it represents a transition from a predominantly conversion-based business model to an integrated downstream steel processing player. The combination of our established conversion business and the expansion into proprietary operations is expected to be a key driver of growth in the coming years. Scheduled for phased commissioning beginning early FY27, the project is expected to meaningfully enhance BMWIL’s downstream processing capabilities and reinforce its long-term growth trajectory.
On the financial front, Total Income for the quarter stood at INR 16,378 lakhs, registering a year-on-year growth of 10.1% and a quarter-on-quarter growth of 11.4%. EBITDA for the quarter was INR 4,017 lakhs, reflecting an increase of 7.7% year-on-year and 3.0% sequentially, with an EBITDA margin of 24.5% in Q3 FY26. Profit after tax stood at INR 1,761 lakhs, growing 2.2% year-on-year and 16.3% quarter-on-quarter, resulting in a PAT margin of 10.8%.
On a cumulative basis, Total Income for 9M FY26 stood at INR 46,428 lakhs, while EBITDA was INR 11,545 lakhs, translating into a healthy margin of 24.9%. CRM operations showed a notable turnaround during the quarter, with dispatches increasing 18.1% sequentially, supported by stronger offtake, firm pricing, and improving demand conditions. In parallel, the Company continues to build its proprietary downstream business and establish a presence across the value chain. This initiative is also facilitating the early development of a sales network, positioning the business for a smoother ramp-up ahead of the commissioning of downstream capacities at the greenfield Bokaro facility. With key projects progressing as planned and capacity expansion firmly on track, the Company remains well positioned to enhance operating resilience, diversify its revenue base, and deliver sustainable long-term value to stakeholders.”
