Bombay Burmah Trading Corporation (BBTC) saw its share price rise over 11% on November 18, despite announcing the termination of its agreement with MSTC Limited. The move comes after the online bidding process managed by MSTC didn’t align with BBTC’s strategic objectives.
Market Performance
The stock opened the day at ₹1,841.85 on the BSE and touched an intraday high of ₹2,049, showing strong momentum. Over the past six weeks, BBTC has been consolidating in the ₹1,750–₹2,100 range, absorbing supply and positioning for potential upward moves.
Main News
The agreement with MSTC, which allowed the company to act as a selling agent for BBTC’s immovable properties through e-auctions, has now ended, effective November 18, 2025. BBTC clarified that MSTC is not part of its promoter group, nor is there any shareholding connection between the two companies.
Despite the termination, the company highlighted that there is no material impact on operations, and normal business activities continue without disruption.
Company Financials
Bombay Burmah reported its September quarter results, showing mixed performance across revenue and profits:
- Net Profit: ₹242 crore, down 4.4% YoY from ₹253 crore
- Revenue: ₹4,942.8 crore, up 3.8% YoY from ₹4,760.8 crore
- EBITDA: ₹938.6 crore, up 29.3% YoY from ₹724 crore
- EBITDA Margin: Improved to 19% from 15.2% YoY
These numbers reflect healthy growth in operating performance, particularly through stronger margins, even as net profit saw a slight dip.
Company Overview
Bombay Burmah Trading Corporation is a diversified company with operations spanning tea plantations, auto electrical components, healthcare, and real estate, serving a broad spectrum of customers.
- Retail and wholesale buyers
- Institutional clients
- Export and B2B customers
The company’s operations are not limited to India; BBTC has a presence in 29 countries worldwide, making it a significant player in the global market. It is also a key entity within the Wadia Group, known for its diverse business interests across multiple sectors.
Summary
BBTC’s share price rally comes amid a strategic realignment, ending the MSTC partnership while maintaining operational stability. The September quarter shows strong revenue growth and improved EBITDA margins, highlighting the company’s resilience. With a global footprint and diversified business lines, Bombay Burmah continues to stand out as a notable stock in the Indian market today.
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