Company Overview

Bansal Roofing Products Limited (BRPL), incorporated in 2008 and listed on BSE (Scrip Code: 538546), is an integrated steel building solutions company specializing in design, engineering, manufacturing and installation of Pre-Engineered Buildings (PEBs), roofing and cladding systems, structural steel components and customized building solutions. The company serves industries including manufacturing, warehousing, logistics, pharmaceuticals, engineering, infrastructure and renewable energy.

Management Team

  • Mr. Kaushalkumar S. Gupta (56) - Chairman & Managing Director, Bachelor's Degree in Industrial Engineering, 34+ years experience
  • Mr. Kailash K. Bansal (29) - Whole-time Director, MBA from ICFAI Business School, Bachelor in Mechanical Engineering
  • Mrs. Sangeeta K. Gupta - Non-Executive Director, Master degree in Arts (English)
  • Mrs. Ritu Bansal (29) - Company Secretary & Compliance Officer, Bachelor in Commerce, CS qualification
  • Mr. Jignesh Bansal (28) - Finance Head, Chartered Accountant
  • Mr. Chirag Rana - Chief Financial Officer
  • Mr. Amiya Koley (57) - General Manager-Production

Product Portfolio

BRPL offers comprehensive steel building solutions including:

  • Structural Components: Columns, Beams, Rafters, Bracing/Sag Rods, Foundation Bolts
  • Sections: "Z" Sections, "C" Sections, SIGMA Profiles, Box Purlins, Hat Purlin
  • Roofing Materials: Colour Coated (PPGI/PPGL/Bare), Stainless Steel, Aluminium, UPVC/PVC, Cement Sheet
  • Accessories: Ridge Flashing, Gable Flashing, Water Channel (Gutter), Drain Pipe, Drip Flashing, Eaves Flashing, Apron Flashing, Reverse Flashing, Corner Flashing, NLC - Northlight Curve, Perforated Sheet
  • Insulation: PUF (PUR/PIR), Rockwool, Glasswool, XLPE/CCPE, Bubble
  • Specialized: Polycarbonate Sheets, Fibre Reinforced Plastic, Louvers, Self Driven Turbo Ventilator, Deck Slab, Chequered Plate

Expansion and New Ventures

Solar Module Mounting Structures (MMS)

  • Advanced high-speed roll-forming machinery installed and made operational during Q1 FY2026-27
  • Commenced recruitment of dedicated marketing personnel
  • Confirmed participation in industry exhibitions
  • Launched dedicated website www.bansalsolarstructures.com
  • Expected to diversify product portfolio and expand addressable market

Phase 5 & Phase 6 Expansion

  • Construction progressed significantly with structural and roofing works completed
  • Internal infrastructure development and finishing activities underway
  • On track for completion by mid-November 2026
  • Phase 6 expected to add approximately 200 MT per month manufacturing capacity for light-fabrication PEB structures
  • Expected to enhance operational efficiency and strengthen project execution capabilities

Proposed Continuous Insulated Panel Plant

  • To be established through separate company Durapuf Insutech Panels Pvt. Ltd.
  • Jointly owned by BRPL and an individual partner who will lead operations
  • Estimated Project Capex: ₹25-30 crore
  • Land selection and machinery procurement at finalization stage
  • Expected Commercial Production: Late calendar year 2027
  • Strategic Objective: Expand insulated panel manufacturing capabilities

Manufacturing Facilities

Unit I (Leased Out)

  • Plot No. 6, Raj Industrial Estate, Jarod-Samlaya Road, Village: Vadadala, Taluka: Savli, Dist. Vadodara - 391520
  • Built-up Area: Approx. 18,000 sq. ft.
  • Currently leased out on monthly rental basis

Unit II (Primary Operational Facility)

  • Survey No. 274/2, Samlaya-Sherpura Road, Village: Pratapnagar, Taluka: Savli, Dist. Vadodara - 391520
  • Built-up Area: Approx. 300,000 sq. ft. across 7 acres
  • Equipped with advanced machinery including CNC Plasma Cutting, Slitting, Shearing, H-Beam Welding, MIG & Arc Welding, Grinding, Threading, Shot Blasting, Painting, Roll Forming, Crimping, Bending, Power Presses, EOT Cranes, Mobile Cranes

Certifications and Quality

  • CRISIL SME 1 Grading - Highest level of creditworthiness among SMEs
  • ISO 9001:2015 Quality Management System
  • ISO 14001 Environmental Management System
  • ISO 45001 Occupational Health & Safety Management
  • MSME ZED Gold Certification - Zero Defect, Zero Effect rating by Govt. of India

Employee Welfare Initiatives

  • Labour Quarters: Dedicated housing for ~120 migrant workers
  • Subsidized Canteen: 50% subsidized quality meals
  • Transport: Daily pickup & drop for 2-shift operations
  • Uniforms provided to all workers and staff
  • Medical Support: Regular health check-ups
  • Insurance Coverage: Medical and life insurance schemes
  • Performance Incentives: Attendance-based for workers, target-linked for staff
  • Training & Upskilling: Continuous technical and soft skills development
  • Employee Engagement: Annual outings, staff dinners, festival celebrations

Operational Efficiency

  • 2-shift operation model
  • Continuous investments in upgraded and high-efficiency machines
  • Multiple labour contractors engagement
  • Scrap control and material utilization efficiency
  • Shift towards renewable energy sources including solar energy

Marketing Strategy

  • Active presence on B2B platforms: Indiamart (Premium), JustDial, GEM Portal
  • Professional marketing agency managing X, FB, Insta, LinkedIn & Google Business
  • SEO-optimized website & targeted Google Ads campaigns
  • Participation in industry exhibitions including Steel Construction Expo Mumbai 2025
  • "Let Us Discuss Steel Buildings" seminar series in Vadodara and Bharuch
  • Engagement with architects, structural engineers, consultants and EPC contractors
  • Featured in industry publications including Steel Structures & Metal Buildings (SSMB)

Quarterly Financial Performance (Q2 FY27)

  • Revenue from Operations: ₹4,968.8 lakhs, up 45.8% YoY from ₹3,408.6 lakhs
  • Other Income: ₹20.1 lakhs, up 133.4% YoY from ₹8.6 lakhs
  • Total Revenue: ₹4,988.8 lakhs, up 46.0% YoY from ₹3,417.2 lakhs
  • EBITDA: ₹422.8 lakhs, up 64.9% YoY from ₹256.3 lakhs
  • EBITDA Margin: 8.51% vs 7.52% YoY (+99 bps)
  • Finance Cost: ₹12.0 lakhs, up 212.5% YoY from ₹3.8 lakhs
  • Depreciation & Amortisation: ₹53.8 lakhs, up 28.8% YoY from ₹41.8 lakhs
  • Profit Before Tax: ₹357.0 lakhs, up 69.4% YoY from ₹210.7 lakhs
  • Tax Expense: ₹95.2 lakhs, up 47.3% YoY from ₹64.6 lakhs
  • Profit After Tax: ₹261.8 lakhs, up 79.2% YoY from ₹146.1 lakhs
  • PAT Margin: 5.27% vs 4.29% YoY (+98 bps)
  • Diluted EPS: ₹1.99 vs ₹1.11 YoY

Half Yearly Financial Performance (H1 FY27)

  • Revenue from Operations: ₹9,557.8 lakhs, up 36.0% YoY from ₹7,028.2 lakhs
  • Other Income: ₹27.3 lakhs, up 177.2% YoY from ₹9.9 lakhs
  • Total Revenue: ₹9,585.1 lakhs, up 36.2% YoY from ₹7,038.1 lakhs
  • EBITDA: ₹835.2 lakhs, up 48.7% YoY from ₹561.8 lakhs
  • EBITDA Margin: 8.74% vs 7.99% YoY (+75 bps)
  • Finance Cost: ₹14.6 lakhs, up 19.0% YoY from ₹12.3 lakhs
  • Depreciation & Amortisation: ₹106.5 lakhs, up 30.2% YoY from ₹81.8 lakhs
  • Profit Before Tax: ₹714.1 lakhs, up 52.7% YoY from ₹467.7 lakhs
  • Tax Expense: ₹185.8 lakhs, up 55.3% YoY from ₹119.6 lakhs
  • Profit After Tax: ₹528.3 lakhs, up 51.8% YoY from ₹348.1 lakhs
  • PAT Margin: 5.53% vs 4.95% YoY (+58 bps)
  • Diluted EPS: ₹4.01 vs ₹2.64 YoY

Historical Financial Performance (FY21-FY26)

  • Revenue from Operations growth: ₹4,150.2 lakhs (FY21) to ₹15,429.6 lakhs (FY26)
  • 5-year CAGR growth: 30%
  • PAT growth: ₹223.5 lakhs (FY21) to ₹1,054.3 lakhs (FY26)
  • 5-year PAT CAGR growth: 36%
  • Diluted EPS growth: ₹1.70 (FY21) to ₹8.00 (FY26)

Balance Sheet Position (as of September 2026)

  • Equity Share Capital: ₹1,318.3 lakhs (unchanged from March 2026)
  • Other Equity: ₹3,165.1 lakhs (vs ₹2,902.1 lakhs in March 2026)
  • Total Equity: ₹4,483.4 lakhs (vs ₹4,220.4 lakhs in March 2026)
  • Borrowings (Non-current): ₹313.5 lakhs (vs ₹30.2 lakhs in March 2026)
  • Borrowings (Current): ₹276.3 lakhs (vs ₹266.7 lakhs in March 2026)
  • Property, Plant & Equipment: ₹3,575.4 lakhs (vs ₹2,973.8 lakhs in March 2026)
  • Capital Work in Progress: ₹225.5 lakhs (vs ₹178.3 lakhs in March 2026)
  • Inventories: ₹1,987.5 lakhs (vs ₹1,945.7 lakhs in March 2026)
  • Investments: ₹621.2 lakhs (vs ₹0.1 lakhs in March 2026)
  • Trade Receivables: ₹162.8 lakhs (vs ₹350.5 lakhs in March 2026)

Share Data (as of 30th September 2026)

  • Face Value: ₹10
  • Market Price: ₹171.05
  • 52 Week Range: ₹171.05/101.4
  • Equity Shares Outstanding: 1.32 crore
  • Market Capitalization: ₹225.5 crore