BS LIMITED(formrly BS TRANSCOM)

CMP-13.50



A leading Infrastructure provider, BS Limited
has been augmenting its core business in Power Transmission & Distribution and Passive Telecom infrastructure and has expedited its presence in Renewable Energy and Mineral Resources.

Starting its journey in 2004 as Tower manufacturer, the company diversified into Turnkey Service, EPC, Managed Services, Technology Solutions, Renewable Energy and Mineral Resources. The company got listed in October 2010 through its Initial Public Offering and had raised Rs 1900 million to fund its expansion plans. The plant started commerical production in March 2012

It has garnered its competitive edge as a preferred EPC provider with its integrated business model, expansion, innovation and commitment to quality. The company is poised to grow substantially with its ambitious organic and inorganic growth plans in its business verticals.

The company has an Integrated Business model in its core business, Power & Telecom, with nationwide EPC strength for executing turnkey projects. It has ventured into new geographies and business verticals with value added service offerings and caters to diverse clientele.

The company forayed into BOOM projects in 2010 and bagged its maiden BOOM project in a consortium with Patel Engineering Ltd and Simplex Infrastructure Ltd for establishing a 765 KV transmission system from Raichur to Sholapur. Realizing the potential in Coal assets, the company made a strategic move to trade in mineral resources to leverage the potential foray in power generation in the future.

Headquartered in Hyderabad, BS Limited
has 8 regional offices.

Sales grew from 337cr to 1513 cr and NP from 12.37 cr to 56.36 cr between Mar 2009 and Mar 2013 inspite of increase in share capital from 14.20cr to 21.93 cr. and thus given EPS of 25.70.
During the current year the share capital of the company got further expanded to 43.90 cr while face value split to Re.1. Current Ratio at the end of FY13 was at 0.99 and DE ratio at 0.91 and ROCE at 20% .The company may further give more upside from current level of 13.50.