Beezaasan Explotech Limited

BSE: BEEZAASAN · Explosives

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Snapshot

Unlock Beezaasan Explotech Limited's vital signs

Growth · Profitability · Valuation · Strength · Conviction

Company Overview

Business

Beezaasan Explosives Limited manufactures and supplies industrial explosives and accessories, including slurry explosives, bulk explosives, and detonating fuses. The company serves the mining, infrastructure, and construction sectors by providing specialized blasting solutions.

Business Model

The company generates revenue by supplying essential blasting materials to state-owned mining enterprises and private contractors. Its operations are focused on supporting mineral extraction and large-scale civil engineering projects through a localized production footprint.

Management Commentary

The company has recently undergone corporate restructuring and a name change to realign its strategic focus within the industrial chemicals landscape.

Growth Outlook

Growth is driven by the increasing demand for industrial explosives from the domestic mining and infrastructure sectors. The firm aims to leverage its niche position in the supply chain to capture opportunities within regional mining hubs.

Key Risks

  • Regulatory Compliance. The explosives industry is subject to stringent government regulations and safety standards that could impact operational continuity.
  • Raw Material Volatility. Fluctuations in the cost of chemical raw materials may exert pressure on profit margins.
  • Sectoral Dependency. The company's performance is highly sensitive to activity levels in the mining and infrastructure sectors, which are prone to cyclical downturns.

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Peers · Explosives

CompanyMkt CapP/EEV/EBITDARev Gr YoYEBITDA MgnROEROCE1Y Return
Beezaasan Explotech LimitedBEEZAASAN
₹870 Cr10.0%+176.0%
Solar Industries India Ltd.SOLARINDS
₹1.85L Cr92.7057.8341.7%28.3%38.5%40.1%+47.9%
Premier Explosives LimitedPREMEXPLN
₹3,563 Cr106.2157.50-26.8%17.7%12.5%16.1%+31.6%
GOCL Corpn.GOCLCORP
₹1,925 Cr5.665.31-97.4%248.4%14.4%11.8%+9.2%
Keltech EnergiesKELENRG
₹1,387 Cr48.4030.419.0%8.9%21.8%27.1%+225.8%

As of Mar 2026

Financials