BCL Industries (NSE:BCLIND) Shares Outstanding (EOP): 295 Mil (As of Mar. 2026)


NSE:BCLIND BCL Industries Ltd NSE:BCLIND
94 GF Score
Price ₹35.81
GF Value ₹59.97
Valuation Significantly Undervalued
! 3 Warning Signs
View Full Analysis

What is BCL Industries Shares Outstanding (EOP)?

BCL Industries NSE:BCLIND -1.94% 94 Shares Outstanding (EOP) is 295 Mil as of Mar. 2026. GuruFocus rates NSE:BCLIND with a GF Score™ of 94/100 and a GF Value™ of ₹59.97 (Significantly Undervalued). The stock has 3 warning signs investors should review.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. BCL Industries's shares outstanding for the quarter that ended in Mar. 2026 was 295 Mil.

BCL Industries's quarterly shares outstanding stayed the same from Dec. 2025 (295 Mil) to Mar. 2026 (295 Mil).

BCL Industries's annual shares outstanding stayed the same from Mar. 2025 (295 Mil) to Mar. 2026 (295 Mil).


BCL Industries  (NSE:BCLIND) Shares Outstanding (EOP) Explanation

A company may buy back shares or issue shares in any fiscal period. If a company buys back shares, we should observe that the total number of shares decline. If the company issues new shares, the number of shares outstanding increases.

Usually the presence of treasury shares and a history of buyback are good indicators that company has competitive advantage. But studies have shown that companies usually buy back at wrong time. Buying back shares below its intrinsic value increases value for remaining shareholders. Buying back overvalued shares destroys value for existing shareholders.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred net income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


BCL Industries Shares Outstanding (EOP) Related Terms


BCL Industries Shares Outstanding (EOP) Historical Data

* Premium members only.

The historical data trend for BCL Industries's Shares Outstanding (EOP) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

BCL Industries Shares Outstanding (EOP) Chart

BCL Industries Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Shares Outstanding (EOP)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 241.50 241.50 272.35 295.16 295.16

BCL Industries Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Shares Outstanding (EOP) Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 295.16 295.16 295.16 295.16 295.16

NSE:BCLIND vs BF.B: Shares Outstanding (EOP) Comparison

For the Beverages - Wineries & Distilleries subindustry, BCL Industries's Shares Outstanding (EOP), along with its competitors' market caps and Shares Outstanding (EOP) data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


BCL Industries Shares Outstanding (EOP) vs Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, BCL Industries's Shares Outstanding (EOP) distribution charts can be found below:

* The bar in red indicates where BCL Industries's Shares Outstanding (EOP) falls into.


NSE:BCLIND
94GF Score
BCL Industries Ltd NSE:BCLIND
Shares Outstanding (EOP) is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

BCL Industries Shares Outstanding (EOP) Calculation

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. They have voting rights and represent ownership in the corporation by the person that holds the shares. They should be distinguished from treasury shares, which are shares held by the corporation itself, having no exercisable rights.

Shares outstanding can be calculated as either basic or fully diluted. The fully diluted shares outstanding count includes diluting securities, such as options, warrants or convertibles.

Please note: GuruFocus named Shares Outstanding (EOP) is the shares for that end of period. It is usually used to calculate balance sheet related items, such as Book Value per Share, etc. While Shares Outstanding (Diluted Average) and Shares Outstanding (Basic Average) are the weighted average shares over a period of time (a year, a quarter, or so). They are usually used to calculate income statement or cashflow statement related items, such as Earnings per Share (Diluted), etc.

What does a Shares Outstanding (EOP) of 295 Mil mean?
BCL Industries (NSE:BCLIND) has a Shares Outstanding (EOP) of 295 Mil as of Mar. 2026. The total shares a company has outstanding, at period-end. View historical data on BCL Industries and its competitors.
Is BCL Industries' Shares Outstanding (EOP) too high?
BCL Industries' current Shares Outstanding (EOP) is 295 Mil. Overall, BCL Industries has a GF Score™ of 94/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does BCL Industries' Shares Outstanding (EOP) compare to BF.B?
BCL Industries' Shares Outstanding (EOP) of 295 Mil can be compared against companies in the Beverages - Alcoholic industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Shares Outstanding (EOP) for a Beverages - Alcoholic company?
A good Shares Outstanding (EOP) depends on the Beverages - Alcoholic industry context. However, Shares Outstanding (EOP) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Shares Outstanding (EOP) mean?
A high Shares Outstanding (EOP) can signal that a stock is expensive relative to its fundamentals. The total shares a company has outstanding, at period-end. View historical data on BCL Industries and its competitors. BCL Industries's current Shares Outstanding (EOP) is 295 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BCL Industries stock overvalued right now?
Based on GuruFocus' analysis, BCL Industries (NSE:BCLIND) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹59.97, compared to a current price of ₹35.81 — trading 40.3% below its estimated fair value. The current Shares Outstanding (EOP) is 295 Mil. BCL Industries' overall GF Score™ is 94/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shares Outstanding (EOP) calculated?
Shares Outstanding (EOP) is calculated from a company's financial statements. For BCL Industries (NSE:BCLIND), the current Shares Outstanding (EOP) is 295 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is BCL Industries (NSE:BCLIND) Overvalued in 2026?

Based on GuruFocus' analysis, BCL Industries stock appears to be undervalued. The current stock price of ₹35.81 is trading 40.3% below its estimated GF Value™ of ₹59.97. GuruFocus considers BCL Industries to be Significantly Undervalued.

Key valuation signals for NSE:BCLIND:

  • Shares Outstanding (EOP): 295 Mil
  • GF Value™: ₹59.97 vs. price of ₹35.81 (40.3% below fair value)
  • GF Score™: 94/100 with 3 warning signs

No single metric tells the full story. See the NSE:BCLIND stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


BCL Industries Business Description

Other Exchanges 524332:India
Address Hazi Rattan Link Road, Post Box No. 71, Bathinda, PB, IND, 151001
BCL Industries Ltd engages in multiple business activities. It operates through the following segments: Oil and Vanaspati, Distillery Unit, and Real Estate. The Distillery Unit segment which generates maximum revenue, includes production and marketing operations of liquor for human consumption, ENA, and Ethanol. The Oil and Vanaspati segment includes production and marketing operations of oil and vanaspati ghee and other products. The Real Estate segment includes the construction of residential houses.
94GF Score

Get the complete analysis for NSE:BCLIND

Shares Outstanding (EOP) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹35.81
Price
₹59.97
GF Value