The Bombay Burmah Trading Corporation Ltd (BBTC)

Automobile and Auto Components · Auto Ancillaries · NSE · Updated 3 September 2026

By StockFin Research Team • AI-Assisted Analysis • Source: BSE/NSE Filings

₹1,493.95 ↓ 18.1% (1Y)

🎯 Key Takeaways

BBTC is in a transitional phase marked by financial volatility and legal resolution, shifting from legacy tea estate operations toward non-core asset divestments and governance updates. The company exhibits strong historical profitability metrics but faces near-term operational headwinds, with profitability declining sequentially despite revenue stability.
Revenue grew 5.6% QoQ to ₹5,089 in Q1FY27.
⚠️ 1) Core business profitability is declining sequentially with weakening operating margins despite revenue stability, indicating structural headwinds i

Market Cap

₹10,424

P/E Ratio

8.1

P/B Ratio

1.48

ROE

36.7%

ROCE

41.8%

Debt/Equity

0.22

Div Yield

1.14%

Promoter

74.0%

✨ Ask AI About BBTC 📊 Interactive Charts

📖 The Story

BBTC is in a transitional phase marked by financial volatility and legal resolution, shifting from legacy tea estate operations toward non-core asset divestments and governance updates. The company exhibits strong historical profitability metrics but faces near-term operational headwinds, with profitability declining sequentially despite revenue stability. Management is actively restructuring its portfolio through phased asset sales, though near-term earnings remain pressured by underlying business softness.

📰 What's Happening

In Q1 FY26, BBTC reported ₹67.54 crores revenue and ₹7.86 crores PAT, driven by an exceptional gain from asset divestments including Dunsandle Estate tea plantations. The company resolved a key legal risk when the Supreme Court recalled observations regarding a disputed ₹4,655.24 crore lease rent liability in its Singampatti tea estate litigation, removing unquantified financial exposure. Governance updates included director reappointments at the 161st AGM and ratification of auditor remuneration. Management continues phased asset sales but provided no forward guidance on operational recovery or margin improvement trajectories.

Source: Stock Announcements

📊 Quarterly Results (₹ Cr)

Metric	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Revenue	4,712	4,943	5,066	4,818	5,089
Operating Profit	638	850	862	744	736
OPM %	13.6%	17.2%	17.0%	15.4%	14.5%
Net Profit	498	566	655	781	583
EPS	₹34.50	₹34.64	₹45.34	₹63.63	₹41.31

Operational performance shows mixed trends with declining profitability despite stable revenue, as OPM fell from 17.2% in September 2025 to 14.5% in June 2026. Net profit dropped sharply from ₹781 crores in March 2026 to ₹583 crores in June 2026, with EPS declining from ₹63.63 to ₹41.31, indicating weakening core margins. The exceptional gain materially boosted reported PAT but masks underlying operational deterioration, as core business profitability weakened sequentially across four consecutive quarters.

🔮 Management Outlook & What's Next

Management provided no forward guidance on future earnings, margin expectations, or operational recovery timelines in the latest filings. The absence of guidance, combined with declining operational metrics, suggests uncertainty about near-term business performance despite resolution of legal risks. Capital allocation remains focused on phased asset divestments rather than reinvestment in core operations, reflecting a strategic wind-down rather than growth orientation.

Extracted from official company announcements. Not StockFin.ai's opinion.

🏦 Balance Sheet (₹ Cr)

Item	Mar 2025	Mar 2025	Mar 2026	Mar 2026
Equity Capital	14	14	14	14
Reserves	5,092	5,618	6,244	7,028
Borrowings	2,957	1,574	2,464	1,556
Total Liabilities	13,271	12,723	14,193	14,539
Fixed Assets	2,899	2,859	2,865	3,786
Investments	4,188	5,333	5,158	6,779
Total Assets	13,271	12,723	14,193	14,539

The balance sheet shows stable equity base of ₹14 crores with reserves growing from ₹5,618 crores to ₹7,028 crores, indicating retained earnings accumulation. Borrowings increased slightly to ₹1,556 crores from ₹1,574 crores year-on-year, suggesting minimal debt reduction despite strong cash flows. Total assets rose to ₹14,539 crores, reflecting ongoing asset sales being offset by reserve growth. The current ratio of 1.26 indicates adequate short-term liquidity, while the debt-equity ratio of 0.22 remains conservative, supporting financial stability during transition.

💰 Cash Flow Statement (₹ Cr)

Item	Mar 2026
Operating	+2,419
Investing	-1,188
Financing	-1,132
Net Cash Flow	+347

👥 Shareholding Pattern

Category	Q2FY26	Q3FY26	Q4FY26	Q1FY27
Promoters	74.0%	74.0%	74.0%	74.0%
FII	9.3%	9.4%	9.5%	9.5%
DII	1.4%	1.4%	1.5%	1.0%
Public	11.8%	11.7%	11.7%	12.0%
# Shareholders	44,643	47,042	46,776	48,630

Promoter holding remains stable at 74.05% over the past year, signaling confidence in long-term control. Institutional investor interest is gradually increasing, with FII allocation rising from 9.3% to 9.49% and DII from 1.42% to 1.46% over four quarters, accompanied by growing shareholder base (44,643 to 48,630). This suggests improving market confidence despite operational challenges, with institutional investors participating in incremental increases without significant exits.

⚖️ Peer Comparison — Auto Ancillaries

Company	MCap (₹ Cr)	P/E	ROCE	ROE	D/E
MOTHERSON	1.72 L Cr	39.3	13.9%	11.0%	0.39
BOSCHLTD	1.39 L Cr	58.9	21.7%	15.9%	0.00
UNOMINDA	71,470	59.4	19.3%	18.9%	0.37
SONACOMS	48,705	69.9	15.2%	11.5%	0.04
ENDURANCE	38,755	40.0	17.3%	14.2%	0.15
EXIDEIND	36,176	38.8	9.8%	6.7%	0.08
ZFCVINDIA	29,265	11.8	18.3%	13.5%	0.00
CRAFTSMAN	28,773	54.7	14.7%	14.2%	1.02
SUNDRMFAST	25,224	41.3	17.4%	14.3%	0.14
GABRIEL	24,528	64.8	32.0%	25.6%	0.06

🔗 Peer Stock Analyses

MOTHERSON BOSCHLTD UNOMINDA SONACOMS ENDURANCE

⚠️ Risk Factors

1) Core business profitability is declining sequentially with weakening operating margins despite revenue stability, indicating structural headwinds in the tea and agri-business segments. 2) Reliance on exceptional gains from asset divestments to boost reported profits creates volatility and obscures underlying operational weakness, with no visibility on future one-time benefits. 3) Absence of forward guidance from management introduces uncertainty about the pace of operational recovery or strategic alternatives beyond passive asset sales.

📋 Recent Filings

🧠 Analyst's Read

BBTC's near-term earnings trajectory remains uncertain as it navigates the wind-down of legacy operations, with profitability increasingly dependent on non-recurring asset sales rather than core business performance. Investors should monitor upcoming quarterly results for sustained margin improvement or signs of strategic acceleration beyond passive divestment, particularly given the lack of management guidance and persistent operational softness despite legal risk resolution.

Based on filing content and financial data. Not a recommendation.

Read the full analysis

Quarterly trends, balance sheet, cash flow, peer comparison, and AI insights — sign up free to unlock.

2 free AI queries per day.

✨ Deep Dive with AI on BBTC

Data sourced from stock announcements. Analysis generated by StockFin.ai.
For informational purposes only — not investment advice. Updated 2026-09-03.

Editorial & Data Transparency Notice

This analysis was programmatically compiled using StockFin AI utilizing official regulatory disclosures from the BSE and NSE. Content is automatically synthesized and audited against public financial filings. StockFin.ai is an educational research platform and is NOT a SEBI-registered investment advisor or research analyst.

📡 Get AI alerts when BBTC files new disclosures

Track BBTC filings, board meetings, and corporate actions. Free email alerts at 5 PM.

Track BBTC — Free

Free account · 2 AI queries/day

About · Privacy Policy · Terms of Service · Pricing

Today's Announcements · Screener · Insights · AI Chat

Data provided by CMOTS Internet Technologies Pvt Ltd