BCL Industries (NSE:BCLIND) Days Payable: 10.81 (As of Mar. 2026) — 65% Below Median


NSE:BCLIND BCL Industries Ltd NSE:BCLIND
94 GF Score
Price ₹36.52
GF Value ₹60.02
Valuation Significantly Undervalued
! 3 Warning Signs
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What is BCL Industries Days Payable?

BCL Industries NSE:BCLIND +3.84% 94 Days Payable is 10.81 as of Mar. 2026, which is 65% below its 10-year median of 30.95. GuruFocus rates NSE:BCLIND with a GF Score™ of 94/100 and a GF Value™ of ₹60.02 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 202 Beverages - Alcoholic companies, BCL Industries ranks worse than 97.03% on this metric.

BCL Industries's average Accounts Payable for the three months ended in Mar. 2026 was ₹512 Mil. BCL Industries's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹4,324 Mil. Hence, BCL Industries's Days Payable for the three months ended in Mar. 2026 was 10.81.

The historical rank and industry rank for BCL Industries's Days Payable or its related term are showing as below:

NSE:BCLIND' s Days Payable Range Over the Past 10 Years
Min: 14.38   Med: 30.95   Max: 77.95
Current: 14.38

During the past 13 years, BCL Industries's highest Days Payable was 77.95. The lowest was 14.38. And the median was 30.95.

NSE:BCLIND's Days Payable is ranked worse than
97.03% of 202 companies
in the Beverages - Alcoholic industry
Industry Median: 82.04 vs NSE:BCLIND: 14.38

BCL Industries's Days Payable declined from Mar. 2025 (20.59) to Mar. 2026 (10.81). It may suggest that BCL Industries accelerated paying its suppliers.


BCL Industries Days Payable Historical Data

* Premium members only.

The historical data trend for BCL Industries's Days Payable 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 Days Payable Chart

BCL Industries Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.15 25.31 23.91 18.53 15.53

BCL Industries Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Days Payable 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 20.59 18.67 12.46 11.81 10.81

NSE:BCLIND vs BF.B: Days Payable Comparison

For the Beverages - Wineries & Distilleries subindustry, BCL Industries's Days Payable, along with its competitors' market caps and Days Payable 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 Days Payable vs Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, BCL Industries's Days Payable distribution charts can be found below:

* The bar in red indicates where BCL Industries's Days Payable falls into.


NSE:BCLIND
94GF Score
BCL Industries Ltd NSE:BCLIND
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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BCL Industries Days Payable Calculation

Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

BCL Industries's Days Payable for the fiscal year that ended in Mar. 2026 is calculated as

Days Payable (A: Mar. 2026 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2025 ) + Accounts Payable (A: Mar. 2026 )) / count ) / Cost of Goods Sold (A: Mar. 2026 )*Days in Period
=( (1295.375 + 512.395) / 2 ) / 21244.994*365
=903.885 / 21244.994*365
=15.53

BCL Industries's Days Payable for the quarter that ended in Mar. 2026 is calculated as:

Days Payable (Q: Mar. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (0 + 512.395) / 1 ) / 4324.107*365 / 4
=512.395 / 4324.107*365 / 4
=10.81

* 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.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 10.81 mean?
BCL Industries (NSE:BCLIND) has a Days Payable of 10.81 as of Mar. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on BCL Industries and its competitors. This is 65% below median its historical median of 30.95. Over the past decade, BCL Industries' Days Payable has ranged from 14.38 to 77.95. According to the industry distribution chart, BCL Industries ranks #196 out of 202 companies in the Beverages - Alcoholic industry, placing it in the top 97%.
Is BCL Industries' Days Payable too high?
BCL Industries' current Days Payable of 10.81 is 65% below median its 10-year median of 30.95. Over the past 10 years, this metric has ranged from a low of 14.38 to a high of 77.95. The Beverages - Alcoholic industry median Days Payable is 82.04. BCL Industries' value of 10.81 is 86.8% below this industry median. Based on the distribution chart, BCL Industries ranks #196 out of 202 companies in the Beverages - Alcoholic industry, which is in the bottom quartile relative to peers. 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' Days Payable compare to BF.B?
According to the Beverages - Alcoholic industry distribution chart, BCL Industries ranks #196 out of 202 companies for Days Payable. This places BCL Industries in the lower half of its industry. The industry median Days Payable is 82.04. BCL Industries' value of 10.81 is 86.8% below this benchmark. Historically, BCL Industries' own Days Payable has ranged from 14.38 to 77.95 over the past decade. While the company's 10-year median is 30.95 vs. the industry median of 82.04, BCL Industries has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for a Beverages - Alcoholic company?
The median Days Payable among Beverages - Alcoholic companies is 82.04, based on 202 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. BCL Industries's current Days Payable of 10.81 is 86.8% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on BCL Industries and its competitors. For the Beverages - Alcoholic industry, the median Days Payable is 82.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BCL Industries's current Days Payable is 10.81, which is 65% below median its own 10-year median of 30.95. 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 ₹60.02, compared to a current price of ₹36.52 — trading 39.2% below its estimated fair value. The current Days Payable is 10.81, which is 65% below median its 10-year median of 30.95 and 86.8% below the Beverages - Alcoholic industry median of 82.04. 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 Days Payable calculated?
Days Payable is calculated from a company's financial statements. For BCL Industries (NSE:BCLIND), the current Days Payable is 10.81 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 ₹36.52 is trading 39.2% below its estimated GF Value™ of ₹60.02. GuruFocus considers BCL Industries to be Significantly Undervalued.

Key valuation signals for NSE:BCLIND:

  • Days Payable: 10.81 (65% below median its 10-year median of 30.95)
  • GF Value™: ₹60.02 vs. price of ₹36.52 (39.2% below fair value)
  • GF Score™: 94/100 with 3 warning signs
  • Industry Position: 86.8% below the Beverages - Alcoholic median (#196 of 202)

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

Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹36.52
Price
₹60.02
GF Value