BLUEWATER

Blue Water Logistics Limited

Listed company · ISIN INE0X3M01010 · NSE ST · FV ₹10
Last price
₹470
-3.07%today
What this company does

Blue Water Logistics Limited is a listed company. It booked ₹211 cr of revenue in its latest quarter (Q1 FY27) and kept 6.6% of sales as profit.

55out of 100
Equitytale Health Score
Mixed

Healthier than 55% of listed companies we score, on the 5 of 6 measures we could read for it. Each measure is ranked against the 2,387–2,932 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
41

At close. Not part of the score.

Profitability & returns87

How much profit it earns on the money it employs

Balance sheet30

How much it owes, and whether earnings cover the interest

Cash quality10

Whether reported profit actually arrives as cash

Valuation51

What today's price implies, against our models or its peers

Governance & risk100

How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure

Not measurable for this company: growth & consistency. Those pillars are left out of the score rather than counted as zero.

Is this company doing well?
not investment advice
A mixed picture
Strengths
✓ Makes a profit
✓ Promoters hold 70%
✓ No promoter shares pledged
✓ Strong 80% return on equity
Watch-outs
! Thin 6.6% net margin
! Carries high debt (D/E 1.5)

What if I invest in BLUEWATER?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 10% a year, it would become
₹20.15 lakh

The starting rate is a round number, not a view on this company — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹470▼ -3.07%
latest close · 2026-11-04
52-wk low ₹37874 sessions so far52-wk high ₹595
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio9.3Low
LowAverageHigh
P/B ratio7.38High
Below bookModerateHigh
EV / EBITDA7.0Low
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity79.7%Strong
WeakFairStrong ▸15%
Return on capital80.9%Strong
WeakFairStrong
Net margin6.6%Decent
ThinDecentStrong
EBITDA margin10.2%Decent
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity1.53High
LowModerateHigh ▸1
Interest cover7.5×Strong
RiskyOkayStrong ▸5×
Current ratio1.52Healthy
Tight ◂1HealthyAmple
More figures
Market cap
₹517 cr
Book value
₹64
EPS
₹12.70
latest quarter
Net debt
₹92 cr
owes more than its cash
Enterprise value
₹609 cr
EBITDA
₹86 cr
annualised
EBIT
₹86 cr
annualised
Operating margin
10.2%
Return on assets
23.7%
Earnings yield
10.81%
P/S
0.61
Sales / share
₹768.1
Tax rate
25.5%
Face value
₹10
Shares
1.1 cr
Working capital
₹67 cr
Current assets
₹196 cr
Current liabilities
₹129 cr
Delivery %
82.2%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-11-04.

Worth vs price · from the exchange filings
not investment advice
Hard to value confidentlyLow confidence
Too few reliable models — the filings don't support two independent estimates of value.
Models span ₹204–₹204, midpoint ₹204

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q1 FY27 (consolidated)
Revenue from Operations₹211 cr
Other Income₹11.9 L
Total Income₹211 cr
Cost of Materials₹0 cr
Purchases of Stock-in-Trade₹0 cr
Employee Benefit Expense₹6 cr
Finance Costs₹3 cr
Other Expenses₹182 cr
Total Expenses₹193 cr
Profit before Tax₹19 cr
Tax Expense₹5 cr
Net Profit₹14 cr
Net margin on total income6.6%
Where the money goes · Q1 FY27
% of total income
Employee benefit expense₹6 cr2.7%
Finance costs₹3 cr1.4%
Other expenses₹184 cr87.1%
Tax expense₹5 cr2.3%
Profit for the period₹14 cr6.6%
Total income ₹211 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q1 FY27
Revenue112 cr211 cr
Total income112 cr211 cr
Expenses102 cr193 cr
Profit before tax10 cr19 cr
Tax3 cr5 cr
Net profit (owners' share)7 cr14 cr
Net margin (owners' share, on revenue)6.6%6.6%
EPS (₹)7.2112.70
Balance sheet & cash flow · as of Mar 2026
High debt
Total assets
₹235 cr
Shareholder equity
₹70 cr
parent shareholders
Total debt
₹108 cr
Cash
₹16 cr
Who owns it · 2026-09-30
No pledge
Promoter
69.5%
FII / Foreign
—
DII / Domestic
4.8%
Retail / others
25.6%
Smart-money activity
Bulk / block deals
BoughtPASHUPATI CAPITAL SERVICES PRIVATE LIMITED · NSE80,000 @ ₹505.0324 Sep 26
BoughtMANSI SHARE AND STOCK BROKING PRIVATE LIMITED · NSE60,000 @ ₹504.8124 Sep 26
SoldMANSI SHARE AND STOCK BROKING PRIVATE LIMITED · NSE48,000 @ ₹505.6724 Sep 26
What shareholders were asked to approve

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Special shareholder meeting · 16 Sep 2026
See the official result
1
To Increase the Authorized Share Capital of the Company and Make Consequential Alteration in Clause V of The Memorandum of Association.
Backed by 100% of shareholders other than promotersneeded 50%
35,000 votes for, 0 against
2
To Issue of Fully Convertible Equity Warrants on a Preferential Basis
Promoters had a personal stake in this
Backed by 100% of shareholders other than promotersneeded 75%
35,000 votes for, 0 against

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 25 named members
owning 69.5% between them · as of 2026-09-30
MADHUSMITA MOHANTY34.77%
SUPRIYA MISHRA34.77%
BHUMIKA MISHRAno shares
DAMODAR MAHANTYno shares
GITANJALI PANDAno shares
INDUPRAVA PANDAno shares
ITISMITA SAPAN MOHANTYno shares
IVANKA MISHRAno shares

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

Money it raised, and what it did with it

When a company raises money from investors, it has to say up front what the money is for. The rules then make it report, every three months until the money is gone, how much of each of those things it has actually paid for — so a promise made while asking for the money can be checked afterwards.

₹41 cr raised in May 2025 by selling shares to the public

As of Mar 2026, the company says it has spent 100% of what it set aside.

Funding of capital expenditure requirements by purchase of Vehicles and its body building
100%
₹11 cr of ₹11 cr
Funding Working Capital Requirements of our Company
100%
₹20 cr of ₹20 cr
General corporate purposes
100%
₹5 cr of ₹5 cr
Issue related Expenses
100%
₹5 cr of ₹5 cr
Spent by quarter: 97% → 97% → 100% (to Mar 2026)

Every figure above is taken from the statement the company files with the stock exchange each quarter, for as long as money it has raised remains unspent. The only thing we work out is how much of each stated purpose has been paid for — one number divided by another from the same filing. Whether a plan that changed was a good change is not something a filing can tell you. See the filing

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.