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BEPL

6 Years Consolidation Breakout in BEPL || (456%) upside possibleHello Everyone, i have brought another stock which has given breakout of long consolidation almost 6 years. Stock name is Bhansali Engineering Polymers Ltd and it is engaged in manufacturing and sale of ABS Resins, AES Resins, ASA resins, SAN resins and their alloys with other plastics in the Indian market. Its customers include leading companies dealing in Automobiles, Home Appliances, Electronics, Healthcare and Kitchenware. Technically and fundamentally stock is really good with awesome management. MACD is giving bullish crossover. Price is above 200-DEMA. Breakout already taken place and sustaining above to trendlines. Everything is suggesting bullish reversal in stock. Stock is good for short term to long term. If anybody is holding stock at least for 1-2 years, we can get returns more than 200-500% returns. I have written all the levels on chart for short term to long term traders, go accordingly. Business Overview:- Company manufactures ABS (Acrylonitrile Butadiene Styrene) and SAN (Styrene Acrylonitrile) resins. ABS is used to make light, rigid, molded products such as pipe, automotive body parts, wheel covers, enclosures, and protective headgear. SAN is a plastic copolymer with thermal resistant and chemical resistant nature and its uses including housewares and consumer goods, various compounded products, packaging, appliances (electrical and electronic). Focus:- Company is focusing on expanding its presence in the ABS segment with a capacity expansion program. It plans to intensify its efforts to optimize its share of the ABS market segment, especially from the automotive industry with the support of its JV with Nippon. Market Cap ₹ 3,903 Cr. Current Price ₹ 157 High / Low ₹ 160 / 81.6 Stock P/E 21.6 Book Value ₹ 37.0 Dividend Yield 2.49 % ROCE 24.4 % ROE 18.1 % Face Value ₹ 1.00 Industry PE 19.6 Debt ₹ 0.00 Cr. EPS ₹ 7.22 Promoter holding 57.5 % Intrinsic Value ₹ 106 Pledged percentage 0.00 % EVEBITDA 14.6 Change in Prom Hold 0.00 % Profit Var 5Yrs 31.1 % Sales growth 5Years -0.05 % Return over 5years 27.2 % Debt to equity 0.00 Net profit ₹ 180 Cr. ROE 5Yr 28.8 % Profit growth 32.3 % Earnings yield 7.34 % Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades. Dear traders, If you like my work then do not forget to hit like and follow me, and guy's let me know what do you think about this idea in comment box, i would be love to reply all of you guy's. Thankyou.
Editors' picks
NSE:BEPLLong
by TraderRahulPal
31
BEPL : Breakout Candidate (Holding 1-3 Months)#BEPL #Swingtrading #trading #patterntradinng #chartpattern BEPL : Positional Trading (Holding 1-3 Months) >> Breakout Stock >> Monthly Cup & Handle Breakout >> TWS + Flag pattern + FVG Visible on daily >> Trending Stock in Momentum >> Good Strength & Volumes Recently >> Big Player Entered in stock Swing Traders can lock 10% profit & keep trailing Please give a Boost or comment if u r Liking the analysis & Learning from it. Keep showing ur Love by following Disclaimer : This is not a Trade Recommendations & Charts/ stocks Mentioned are for Learning/Educational Purpose. Do your Own Analysis before Taking positions.
NSE:BEPLLong
by moneyfesttrading
BHANSALI ENG POLYM Breakout prediction long opportunityBHANSALI ENG POLYM is a Process Industries/ Industrial Specialties stock that have been consoladating for past 7-Months. by looking the volume spike it seems bulls will be taking the stock to outside the channel now. once breakout is successful, after little consolidation it can give a very nice Risk:Reward :: 1:3 Approx. Reasons: RSI is crossing 60 to upside. (Bullish) 200 EMA have been providing a nice support for very long time. In History also it has been a nice support and resistance. Rectangle Pattern breakout is about to happen. If it gives a popout candle then you may go long by putting a small stoploss. Price > EMA(13,50,200) which shows bullishness. but as it has been a trendy momentum for past 2 weeks. I am expecting it to give little consolidation outside the channel and then bullish momentum. Verdict: Bullish Breakout is about to happen Plan of action: Entry after consoladition BUY: 98-100 after consoladition Stoploss: 96 Target: 111
NSE:BEPL
by finnova_
BEPL - Bullish Swing ReversalNSE: BEPL is closing with a bullish swing reversal candle supported with volumes. Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days. The stock has been moving along the horizontal support for the past few days which is indicating demand. One can look for a 8% to 13% gain on deployed capital in this swing trade. The view is to be discarded in the event of the stock breaking previous swing low. #NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
NSE:BEPLLong
by BrahmaBull31
BEPL - Head & Shoulder + Bull Flag + Retest/Reversal - SwingMonthly chart here - The analysis is done on daily TF hence price may take few days to few weeks in order to reach the targets. Trade setup is explained in image itself. The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade Checkout my other ideas to understand how one can earn from stock markets with simple trade setups. Feel Free to comment below this or connect with me for any query or suggestion regarding this stock or Price Action Analysis.
NSE:BEPLLong
by TradewithAditya
analysis of leader in chemical commodity with great potential about company - Bhansali engineering polymers limited (bepl) has pioneered in manufacturing international quality acrylonitrile butadiene styrene (abs). the company is a value driven organization, aiming excellence in providing quality products and services, since its incorporation in 1984.BEPL is a company that takes pride in being the lowest cost producer of ABS in India with quality standards ‘at par’ with the Global Best. The Company has joined hands with Nippon A&L Inc. (NAL), Japan for expanding its business of Styrene's Resins and supports the sale of ABS Resins, AES Resins, ASA Resins and their alloys with other plastics in the Indian Market. product information- 1.ABS resin-ABS resin is one of the most widely-used engineering thermoplastics. It offers excellent surface appearance, strength & stiffness. ABS resin also has good toughness, low creep, excellent dimensional stability & chemical resistance. It is versatile and easy to process. Application-Interior Automotive Trim, Small Appliances, Phones, Refrigerator Door Liners, Other Consumer Electronics, etc. 2.ASA resin-      ASA resin is commonly used for outdoor and automotive applications due to its strong weather resistance, color fade resistance, UV resistance and mechanical properties. application- Exterior Siding, Automotive Side Mirror Housings, Signage, Marine Applications, Other Consumer Electronics. 3.      SAN copolymers are produced by the polymerization reaction of styrenes and acrylonitrile. Styrene Acrylonitrile resin is a copolymer plastic commonly used in place of Polystyrene due to its greater thermal resistance. application- Dishwasher-Safe Containers, Disposable Lighters, Brush Bristles, Auto Gauge Covers, Cosmetic Cases, Medical Syringes, Reflectors, Battery Cases Global market scenario- Acrylonitrile Butadiene Styrene Market was valued at USD 25.95 billion in 2020 and is anticipated to rise at a CAGR of over 6.3% from 2021 to 2027(around 46.88 billion). The increasing penetration of ABS in various applications has positively influenced the market growth.   India Styrene Acrylonitrile resin (SAN) market demand stood at 260.81 Thousand Tones in FY2021 and is forecast to reach 437.28 Thousand Tonnes by FY2030, growing at a healthy CAGR of 5.91% until FY2030. Based on the application, cosmetic industry is anticipated to drive the growth of styrene acrylonitrile market over the forecast period. This can be attributed to the growing product demand in the personal care and cosmetics segment. SAN copolymer is a synthetic polymer used as a film former in personal care and cosmetics products, given its opaque properties, and is seen in a host of formulas, including those for sunscreens and other lotions. Global Acrylonitrile Butadiene Styrene Market: Global Size, Trends, Competitive, Historical & Forecast Analysis, 2021-2027- Factors such as increasing growth of automotive industry, adoption of ABS in automotive sector, various advantages of ABS in transportation, construction, electronics and other industries are some of the major factors driving the market growth. *Indian Automobile Industry-       Being a great substitute to metals, ABS has been extensively used in manufacturing automotive parts .India is also a prominent auto exporter and has strong export growth expectations for the near future. In addition, several initiatives by the Government of India and major automobile players in the Indian market is expected to make India one of the leaders in the two-wheeler and four-wheeler market in the world by 2022.  *Appliances and Consumer Electronics (ACE) market-       The Indian government has been encouraging to consumer durable brands in India to ‘Make in India’ thereby expecting they should be self-reliant for the future. The Government of India has allowed 100% Foreign Direct Investment (FDI) under the automatic route in Electronics Systems Design and Manufacturing sector.(ACE) market is expected to increase at 9% CAGR to reach ` 3.15 trillion  in 2022. Demand growth is likely to accelerate with rising disposable income and easy access to credit. Increasing electrification of rural areas and wide usability of online sales would also aid growth in demand. The government anticipates that the Indian electronics manufacturing sector will reach ~US$ 300 billion  by 2024-25. *Indian auto-components industry-       Auto-components industry accounts for 7.1% of India’s GDP. A stable government framework, increased purchasing power, large domestic market, and an ever-increasing development in infrastructure have made India a favorable destination for investment. The Indian auto-components industry is set to become the third largest in the world by 2025.exports of auto components grew by 76% to US$ 9.3 billion. As per the Automobile Component Manufacturers Association ACMA forecast, automobile component exports from India are expected to reach US$ 80 billion by 2026. The Indian auto components industry is expected to reach US$ 200 billion in revenue by 2026. *3-D PRINTING MARKET GROWTH – According to reports, the 3d printing India market is growing at 20% every year. It is expected that the 3d printing market will jump from $12.6 billion (in 2020) to $37.2 billion in 2026.  In 2022 and beyond, we will see more applications of metal 3d printing in the automotive, aerospace, and healthcare industries. It will open up several new opportunities to build prototypes, rapid tooling, functional parts manufacturing, and more. Several large-scale steel and aluminium manufacturing companies are collaborating with 3d printing companies to stay competitive in the global markets. Industries that will adopt 3-D printing culture – 1.automobile-The automotive industry in India is growing at a rapid pace. Several international companies are expanding their presence in the Indian market to sell more vehicles than ever before. With increasing demand, the need for 3d printed parts will also increase in 2022. 2.Healthcare-3d printing in healthcare is a new trend in India that will gather more momentum in 2022. Several applications of 3d printing technology have already been used in the medical industry to create custom-made implants, models, and other tools for surgical purposes. Several companies are working on this technology to reduce the cost of treatment by cutting down recovery times significantly. By using 3d printing, the total cost of several implants and other tools will become possible to cut down significantly. 3.Defense -The Defense industry is one of the essential industries in India that will adopt 3d printing on a larger scale in 2022. Not only does it help to develop new weapons faster, but it also cut down production costs significantly. Moreover, it will remove foreign companies’ dependency on machinery and help the country with a significant competitive advantage over its geopolitical rivals. 4.Education-3d printing India has already made its presence felt in the education sector. Several schools and universities are using 3d printers to teach students about additive manufacturing. They get access to several designs and learn about the process of production at an early stage in their careers. basic financial check - .zero debt company ,Company’s EPS is increasing, i.e. company is making money, ROE% - 35.66% .Debtors Turnover Ratio: During the FY under review, the Debtors Turnover Ratio was 5.80 as compared to 5.24 in the previous fiscal. .Inventory Turnover Ratio: During the FY under review, the Inventory Turnover Ratio was 7.06 as compared to 11.45 in FY 2020-21. .Operating Profit Margin (%): The Operating Profit Margin for FY 2021-22 stood at 33.87% as compared to 34.52% for FY 2020-21. .Net Profit Margin (%): The Net Profit Margin for FY 2021-22 stood at 25.07% as compared to 25.81% for FY 2020-21.Note- even though inventory ratio decreased by around 4% still company is maintaining its profit margins no dent in margins is a good sign . .gross sales are going up, PBT is increasing no dent in margins is a healthy signal. . overall review of financials their are some areas where company may suffer pain but their is no massive fundamental change in company. risk for company - After rebounding to an estimated 5.5% in 2021, global growth is expected to decelerate markedly in 2022 - to 4.1 %, reflecting continued COVID-19 flare-ups.• Due to inflation spike, commodity prices are going to go up. In that case, company’s expenditure on raw material cost will increase. products manufacturing is heavily dependent on raw material they import from other countries (Acrylonitrile, Butadiene, Styrene ) significant increase in global prices of this material would act as a key risk to profitability. TECHNICAL ANALYSIS - It will be value buy if anyone could accumulate this stock at level around 75 to 80 price range. at present value of stock interested buyer may accumulate first tranche. this study is for education purpose only. invest your hard earned money after consulting with your financial advisor.
NSE:BEPLLong
by ameyagawade9
Why BEPL is becoming more attractive day by day? INVESTMENT IDEAThis post is not for traders who want to trade with stop loss. This is for long term investors who wants to buy fundamentally strong beaten down names at a good entry points. NSE:BEPL Bhansali Engineering Polymers Ltd is engaged in manufacturing and sale of ABS Resins, AES Resins, ASA resins, SAN resins and their alloys with other plastics in the Indian market. Its customers include leading companies dealing in Automobiles, Home Appliances, Electronics, Healthcare and Kitchenware. Why is it a good buy right now? The Company had entered into a 50 : 50 Joint Venture Agreement with Nippon A&L Inc., Japan (NAL) and incorporated a Joint Venture Company namely Bhansali Nippon A&L Private Limited which provides sales support and technical support to the Company. This JV has enabled the company in catering the growing demand of ABS resins, ASA resins, AES resins and other specialty polymers. Nippon A&L Inc. was established in 1999 as a JV between Sumitomo Group and Mitsui Chemicals, which focused on polymerisation of Styrenics and enjoys high reputation in the field of manufacturing and marketing of ABS, AES, ASA resins and SBR/PBRLatices. Technical expertise, as and when required, is deployed from NAL Japan, in the purview of the JV between the company and NAL. With the help of the technical support BEPL has developed several new ABS grades and going ahead also the company believes that they will continue adding new SKUs to its product portfolio. Indian ABS market has duopoly situation with only two players BEPL and INEOS, while the rest of the market demand has been catered through imports. Despite the availability of a market in India, global players find it difficult to meet the demand of the Indian market as the scale of operation is not favorable. Further, every segment requires a different colour and performance specification so manufacturing such a wide variety of colours requires a strong balance between investment and sectional capacity utilisation. Need for high grade technology is another strong entry barrier. Both these domestic companies have technical collaboration with foreign partners and have long standing relationships with end user industry. The market is niche which acts as a natural entry barrier for the new players. The Indian automotive industry is undergoing significant transformation, with respect to its sustainable growth and profitability. The industry is witnessing megatrends that are expected to transform the industry in a significant way. Rapidly evolving customer needs, disruptive impact of technology, a dynamic regulatory environment, changing mobility patterns etc. are impacting the way auto companies are doing business in India as well as abroad. The industry now aspires to double its contribution to manufacturing GDP with a four-fold growth in size and a six-fold growth in exports by 2026. These bold aspirations, along with the trends shaping the industry, create new opportunities in the years ahead. India is becoming a global manufacturing hub of two wheelers as well as four wheelers. As a result of which, international giants in the automotive field, viz. Suzuki, Hyundai, Honda, Toyota, Volkswagen, General Motors, Ford, Nissan, Renault, Fiat have established their respective manufacturing facilities in India, with growing degree of indigenization of its components. For components manufactured out of ABS, BEPL’s presence is well registered with all such international giants. Indian appliance and consumer electronics (ACE) market is expected to double by 2025 according to Indian Consumer Durable Report. There is immense scope for growth of these products in India as the penetration level is immensely low as compared to global average. Demand for consumer electronic goods is likely to witness an increase in the coming years, especially in the rural areas as the Government plans to invest significantly in rural electrification, supplemented by rising influence of social mass media and the popularity of online sales. The Government of India’s policies and regulatory frameworks, such as relaxation of license rules and approval of 51% Foreign Direct Investment (FDI) in multi-brand and 100% in single-brand retail, are some of the major growth drivers for the consumer market. The Production-Linked Incentive (PLI) scheme in 10 key sectors (including electronics and white goods) shall boost India’s manufacturing capabilities, exports and promote the ‘Atmanirbhar Bharat’ initiative. Near-term outlook for Appliances and Consumer Electronics (ACE): Pent-up demand (most seasonal categories missed out massively in the previous two seasons), work-from-home (to support convenience driven categories), improving housing activities, and resumption of Capex will sustain strong revenue traction in the coming quarters too. Average ROE (Return on Equity) for last 3, 5 and 10 years are 40%, 39% and 25% respectively (all above 15%) 5year CAGR (Compound annual growth rate) Sales and Profit at 19% and 82% TTM (Trailing 12 months) Sales and Profit growth at 33% and 147% Promoter Holding increased from 55% in Dec'19 to 56.45% in Mar'20 (greater than 45% is good) Dividend Yield at 1.56% (consistent dividend payer since 2011) Debt to equity at 0.00 (less than 1 is good), Interest Coverage at 1070 (greater than 3 is good), Current ratio at 6.81 (greater than 1.5 is good), FCF to CFO at 78% (company won’t have to raise debt for expansion) Current PE at 4.82 is much lesser than 10-year average PE of 26 BEPL is trading at a very good support point and is heading towards another important support point at Rs.100. If anyone consider it for buying, put only 3% of your capital right now, buy with another 3% if it falls another 40% and invest the rest 4% (don't invest more than 10% of your entire capital in one stock) when the share closes at a 52 week high.
NSE:BEPLLong
by akashbothra
3
Breakout in BEPL (TECHNO FUNDA PICK--2)Ascending triangle BO in BEPL with good volumes volumes picking up in uptrend and dry up in consolidation For momentum players Buy at CMP (Add till 175) Target 224-250 SL--145 Closing basis For Fundamental investor Add on every dip (My average price is 151) Market Cap-- ₹ 3,083 Cr. Stock P/E-- 9.25 ROCE-- 86.1 % ROE-- 64.3 % Company is almost debt free Mcap FF (Cr.)---1,386.02 Please maintain SL closing basis as this is small cap stock Risk 1-3% of your capital(so plan position sizing base on this) My trading view ideas past accuracy around 71%(Please maintain your SL)
NSE:BEPLLong
by nikhilgodhani