BMW Ventures’ Q3 Profit Jumps 45% on Deleveraging, Fabricated Steel Push

BMW Ventures Limited ’s latest quarterly performance reflects a phase of strategic transition, as the Patna-based steel distributor and fabricator aligns financial strength with evolving infrastructure-led demand across Eastern India.

In Q3 FY26 , the company reported a 44.7% year-on-year rise in Profit After Tax (PAT) to ₹11.5 crore, while revenue grew to ₹563.2 crore. The improvement was largely driven by deleveraging using IPO proceeds , which led to a sharp reduction in interest costs and improved earnings quality. EBITDA stood at ₹21.8 crore, remaining stable despite volatility in steel prices.

The quarter underlined a strategic shift towards higher-margin segments, particularly fabricated steel products , which are increasingly aligned with infrastructure, logistics and construction demand. The company has been expanding its footprint in value-added manufacturing, including Pre-Engineered Buildings (PEBs) and RDSO-approved steel girders , to reduce dependence on pure steel distribution.

Announcing an interim dividend of ₹1.50 per share , management signalled confidence in cash flows and balance-sheet strength. Managing Director Nitin Kishorepuria said the company had exceeded its earlier growth guidance despite market challenges, aided by operational discipline and efficient supply-chain management.

BMW Ventures’ strong distribution network across Eastern India , spanning 29 districts and over 1,299 dealers, has helped it remain closely connected to end-market demand. This proximity has enabled better inventory planning and margin stability even during periods of sharp steel price movements.

Looking ahead, the company expects sustained momentum from government-led infrastructure investments and rising steel consumption in the region. Reflecting improved visibility, BMW Ventures has revised its FY26 bottom-line growth guidance to 30–35% , up from the earlier 25–30%.

With a strengthened balance sheet, expanding manufacturing capabilities and a sharper focus on demand-driven segments, BMW Ventures is positioning itself for more resilient and sustainable growth in the coming quarters.