BMW Ventures 32nd Annual Report 2025-2026

Total Income: ₹22,824.31 lakhs (Previous year: ₹20,673.32 lakhs)
Profit Before Tax: ₹499.19 lakhs (Previous year: ₹446.15 lakhs)
Profit After Tax: ₹374.83 lakhs (Previous year: ₹328.23 lakhs)
Earnings Per Share: ₹4.99 (Previous year: ₹5.18)
Interim Dividend: ₹1.50 per equity share paid on February 21, 2026
Revenue from Operations: ₹22,782.39 lakhs (10.48% growth YoY)

IPO Completion: Issued 32.4 million equity shares of ₹10 each through IPO at ₹89 per share
Pre-IPO Paid-up Capital: ₹6,331.50 lakhs (63.315 million shares)
Post-IPO Paid-up Capital: ₹8,671.50 lakhs (86.715 million shares)
Authorized Share Capital: ₹9,000.00 lakhs (90 million shares)
IPO Proceeds Utilization: ₹1,737.50 lakhs for repayment of borrowings, ₹329.17 lakhs for general corporate purposes

Business Activities: Trading & distribution of iron and steel products, tractors of John Deere India, manufacturing of PVC pipes, Pre Engineering Building & Railway Girders
Geographic Focus: Primarily Bihar state
Manufacturing Facility: Mauza Rajiganj, Pragna haveli, Near Matia Chowk, Opp Tata motors, Rani Patra, Purnia, Bihar-854337
Stockyards: One at Purnea and five at Patna
Dealer Network: 1300+ dealers across 29 districts of Bihar

Mrs. Sabita Devi Kishorepuria designation change from Non-executive Director to Executive Director effective May 27, 2026 (subject to shareholder approval)
Remuneration proposed: ₹500,000 per month for 5 years
Mrs. Rachna Kishorepuria retires by rotation and offers herself for re-appointment

Statutory Auditors: M/s. A D V & Associates, Chartered Accountants (appointed until 35th AGM)
Secretarial Auditors: Proposed appointment of M/s NKM and Associates for 5 years (FY 2026-27 to 2030-31)
Internal Auditors: M/s. M K Kishorepuria & Co., Chartered Accountants re-appointed for FY 2026-27

32nd Annual General Meeting: August 24, 2026 at 2:15 PM through Video Conferencing
Cut-off date for e-voting: August 14, 2026
Remote e-voting period: August 20, 2026 (9:00 AM) to August 23, 2026 (5:00 PM)

Based on Management Discussion & Analysis:

Steel Industry: India's crude steel output grew 10.7% YoY to 168.4 million tonnes
Tractor Industry: Domestic wholesales reached 11.60 lakh units (23.47% growth YoY)
John Deere Sales: 98,772 units in FY 2025-26 (23.8% growth YoY)
PVC Pipes Market: Estimated at 3.1 million tonnes in 2025, projected CAGR of 6.59%

Debt-Equity Ratio: 0.58 (Previous year: 2.04)
Current Ratio: 1.95 (Previous year: 1.23)
Return on Net Worth: 11.50% (Previous year: 16.54%)
Inventory Turnover: 7.60 times (Previous year: 6.33 times)
Interest Coverage Ratio: 2.66 times (Previous year: 2.18 times)

Total Borrowings: ₹25,794.36 lakhs (Significant reduction from ₹42,838.55 lakhs previous year)
Working Capital Loans: From HDFC Bank (₹11,469.36 lakhs) and Punjab National Bank (₹13,224.35 lakhs)
Channel Finance: ₹496.53 lakhs from various banks
Finance Costs: ₹300.64 lakhs (20.44% reduction YoY)

CSR Obligation: ₹85.29 lakhs (2% of average net profit)
CSR Spending: ₹80.60 lakhs across 20 projects
Focus Areas: Education, sports & culture (₹30.14 lakhs), Healthcare & hunger eradication (₹50.46 lakhs)
Set-off: ₹13.24 lakhs from previous year excess utilized

Total Transactions: ₹45.66 lakhs revenue from related parties
Key Transactions: Purchases of goods (₹58.68 lakhs), Purchase of services (₹123.39 lakhs), Rent paid (₹59.28 lakhs)
Corporate Guarantees: ₹2,800.00 lakhs outstanding to Punjab National Bank for BMW Enterprise

Board Composition: 8 Directors (4 Independent, 3 Executive, 1 Non-Executive)
Board Meetings: 16 meetings held during FY 2025-26
Key Managerial Personnel: Mr. Nitin Kishorepuria (MD), Mr. Birendra Yadav (CFO), Mrs. Ruchika Maheshwari Kejriwal (CS)
Committee Structure: Audit Committee, Nomination & Remuneration Committee, Stakeholders Relationship Committee, CSR Committee

The financial statements were approved by the Board on May 27, 2026
No material events between year-end and financial statement authorization date noted