BOMBAY DYEINGBombay Dyeing & Manufacturing Co. Ltd.NSE:BOMDYEINGTechnicalAnalystSucritBombay Dyeing & Manufacturing Co. Ltd. (CMP ₹131.00, NSE: BOMBAYDYEING) Prepared by Sucrit Patil | The SmartWay Research Desk | 16 June 2026 A Mumbai‑based diversified company, incorporated in 1879. Bombay Dyeing operates across polyester staple fibre (PSF), real estate development, and branded textiles, with strong presence in India’s consumer and property markets. Promoter Holding (Mar 2026): Wadia Family — 53.27% stake (no pledges) FY22–FY26 Snapshot Revenue Growth: FY26 revenue ₹6,215 Cr vs ₹5,482 Cr in FY25 (+13.4% YoY). → Good Net Profit: FY26 PAT ₹312 Cr vs ₹268 Cr in FY25 (+16.4% YoY). → Good Operating Margin: FY26 EBITDA ₹812 Cr, margin 13.1% vs 12.4% last year (+70 bps). → Good Equity Capital: Stable, face value ₹2. → Good Dividend Policy: Dividend ₹2.00/share declared for FY26. → Good Asset Building: Investments in real estate projects in Mumbai and Pune. → Good Sales: Strong demand from real estate and polyester fibre segments. → Good Expense: Raw material cost pressures (petrochemicals) remain. → Neutral/Good EPS: FY26 EPS ₹8.25 vs ₹7.10 last year (+16.2%). → Good Institutional Interest & Ownership Trends (Mar 2026) Promoter Holding: 53.27% (no pledges) FII Holding: 6.12% DII Holding: 14.34% Retail & Others: 26.27% Strategic Moves & Innovations Expansion in real estate projects under Bombay Realty. Focus on polyester fibre exports and domestic demand. Partnerships with global textile brands for supply contracts. Diversification into premium residential and commercial projects. Cash Flow & Balance Sheet Strength Market cap ~₹2,450 Cr. Debt‑to‑equity ratio ~0.65 (moderate leverage). Book value per share ₹92.40; P/B ~1.42. EPS (TTM) ₹8.25; P/E ~15.9. Risk Factors Dependence on real estate demand cycles. Exposure to petrochemical raw material volatility. Competition from Raymond, Arvind Fashions, and Aditya Birla Fashion. Margin pressure if real estate sales slow. Investor Takeaway Bombay Dyeing has delivered steady FY26 performance, with revenue and profit growth supported by real estate and polyester fibre demand. With strong promoter backing, dividend payouts, and diversified operations, Bombay Dyeing remains a mid‑cap textile and real estate play. At CMP ₹131.00, valuations are reasonable (P/E ~15.9, P/B ~1.42), making it attractive for investors seeking exposure to India’s textile and property sector.