Cash flow Bhagwan Marine Limited

Stocks

BWN

AU0000340663

Marine Port Services

Market Closed - Australian S.E. Other stock markets 07:10:11 15/07/2026 BST			5-day change	1st Jan Change
0.3100 ^AUD	-1.59%		-4.62%	-34.74%

05-13	Bhagwan Marine Disappoints Market With Core Business Earnings Miss, Euroz Hartleys Says	MT
05-12	Opportunities for Bhagwan Marine Across Business Remain, Euroz Hartleys Says	MT

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Published financial data: BHAGWAN MARINE LIMITED

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: June	2021	2022	2023	2024	2025
Revenues	97.64M	135M	169M	269M	283M
Other Revenues, Total	236K	-	-	-	-
Total Revenues	97.88M	135M	169M	269M	283M
Cost of Goods Sold, Total	70.2M	101M	112M	198M	223M
Gross Profit	27.68M	33.79M	57.4M	71.33M	60.27M
Selling General & Admin Expenses, Total	1.03M	1.82M	19.48M	26.78M	5.38M
Provision for Bad Debts	-	-	-	-	-
Depreciation & Amortization - (IS)	19.03M	19.37M	20.99M	23.57M	28.07M
Other Operating Expenses	-	-	-75K	3.6M	3.56M
Other Operating Expenses, Total	20.06M	21.19M	40.4M	53.95M	37.02M
Operating Income	7.62M	12.6M	17M	17.38M	23.26M
Interest Expense, Total	-4.73M	-4.53M	-6.63M	-9.2M	-3.7M
Interest And Investment Income	-	-	3K	247K	533K
Net Interest Expenses	-4.73M	-4.53M	-6.63M	-8.95M	-3.16M
Currency Exchange Gains (Loss)	14K	-171K	-86K	-216K	-544K
Other Non Operating Income (Expenses)	-6.22M	-5.96M	-	-	-
EBT, Excl. Unusual Items	-3.32M	1.93M	10.29M	8.22M	19.55M
Gain (Loss) On Sale Of Investments	-285K	-292K	-	-	-
Gain (Loss) On Sale Of Assets	-15.27M	3.7M	57K	-	-
Asset Writedown	-872K	-1.24M	-322K	-280K	-219K
Insurance Settlements	22K	1K	-	-	-
EBT, Incl. Unusual Items	-19.73M	4.1M	10.02M	7.94M	19.33M
Income Tax Expense	-	-	-7.32M	2.39M	6.84M
Earnings From Continuing Operations	-19.73M	4.1M	17.34M	5.55M	12.49M
Earnings Of Discontinued Operations	-	-	-	-	-
Net Income to Company	-19.73M	4.1M	17.34M	5.55M	12.49M
Net Income - (IS)	-19.73M	4.1M	17.34M	5.55M	12.49M
Net Income to Common Incl Extra Items	-19.73M	4.1M	17.34M	5.55M	12.49M
Net Income to Common Excl. Extra Items	-19.73M	4.1M	17.34M	5.55M	12.49M
Per Share Items
Net EPS - Basic	-0.13	0.03	0.12	0.04	0.05
Basic EPS - Continuing Operations	-0.13	0.03	0.12	0.04	0.05
Basic Weighted Average Shares Outstanding	150M	150M	150M	150M	268M
Net EPS - Diluted	-0.13	0.03	0.12	0.04	0.05
Diluted EPS - Continuing Operations	-0.13	0.03	0.12	0.04	0.05
Diluted Weighted Average Shares Outstanding	150M	150M	150M	150M	268M
Normalized Basic EPS	-0.01	0.01	0.04	0.03	0.05
Normalized Diluted EPS	-0.01	0.01	0.04	0.03	0.05
Dividend Per Share	-	-	-	-	0
Supplemental Items
EBITDA	19.41M	23.34M	27.52M	28.1M	37.81M
EBITA	7.62M	12.6M	17M	17.38M	23.26M
EBIT	7.62M	12.6M	17M	17.38M	23.26M
EBITDAR	20.44M	25.16M	31.49M	47.68M	53.76M
Effective Tax Rate - (Ratio)	-	-	-73	30.12	35.4
Deferred Domestic Taxes	-	-	-7.32M	2.39M	6.84M
Total Deferred Taxes	-	-	-7.32M	2.39M	6.84M
Normalized Net Income	-2.08M	1.21M	6.43M	5.14M	12.22M
Interest on Long-Term Debt	1.19M	747K	785K	781K	1.06M
Non-Cash Pension Expense	-	-	241K	-	-
Supplemental Operating Expense Items
General and Administrative Expenses	-	-	19.48M	7.2M	5.38M
Net Rental Expense, Total	1.03M	1.82M	3.97M	19.59M	15.94M
Imputed Operating Lease Interest Expense	348K	616K	2.04M	14.97M	5.9M
Imputed Operating Lease Depreciation	680K	1.2M	1.93M	4.61M	10.04M

Fiscal Period: June	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	332K	516K	42K	1.35M	16.19M
Total Cash And Short Term Investments	332K	516K	42K	1.35M	16.19M
Accounts Receivable, Total	17.44M	33.52M	31.73M	80.54M	50.44M
Other Receivables	254K	5.7M	2.23M	2.42M	1.99M
Notes Receivable	-	-	-	-	155K
Total Receivables	17.7M	39.22M	33.96M	82.96M	52.58M
Inventory	2.29M	2.41M	2.86M	2.2M	2.29M
Prepaid Expenses	284K	761K	1.61M	2.73M	3.78M
Other Current Assets, Total	3.48M	156K	1.55M	747K	156K
Total Current Assets	24.08M	43.07M	40.02M	89.99M	75M
Gross Property Plant And Equipment	193M	203M	208M	220M	277M
Accumulated Depreciation	-54.24M	-60.67M	-70.54M	-69.03M	-83.43M
Net Property Plant And Equipment	139M	142M	138M	151M	194M
Long-term Investments	1.46M	6.42M	1.46M	1.45M	1.45M
Other Intangibles, Total	320K	2.01M	-	-	-
Loans Receivable Long-Term	-	-	9.78M	11.01M	11.73M
Deferred Tax Assets Long-Term	-	-	7.32M	1.08M	-
Other Long-Term Assets, Total	-	-	213K	-	-
Total Assets	165M	193M	197M	254M	282M
Liabilities
Accounts Payable, Total	7.66M	14.21M	23.92M	56.48M	19.12M
Accrued Expenses, Total	10.1M	22.54M	9.49M	24.89M	21.03M
Short-term Borrowings	19.46M	30.11M	28.16M	31.16M	20M
Current Portion of Long-Term Debt	4M	4M	4M	14.2M	2M
Current Portion of Leases	7.93M	9M	8.57M	9.13M	14.77M
Other Current Liabilities	126K	208K	67K	118K	1.12M
Total Current Liabilities	49.27M	80.06M	74.2M	136M	78.04M
Long-Term Debt	67.5M	49.8M	45.99M	32.12M	11.2M
Long-Term Leases	7.83M	14.56M	12.02M	7.16M	18.14M
Pension & Other Post Retirement Benefits	327K	243K	378K	839K	849K
Deferred Tax Liability Non Current	-	-	-	-	5.76M
Total Liabilities	125M	145M	133M	176M	114M
Common Stock, Total	65.91M	65.91M	65.91M	65.26M	142M
Retained Earnings	-69.11M	-65.01M	-49.68M	-44.13M	-31.64M
Comprehensive Income and Other	43.27M	47.9M	47.9M	56.94M	57.39M
Total Common Equity	40.07M	48.8M	64.13M	78.08M	168M
Total Equity	40.07M	48.8M	64.13M	78.08M	168M
Total Liabilities And Equity	165M	193M	197M	254M	282M
Supplemental Items
ECS Total Shares Outstanding on Filing Date	150M	150M	150M	275M	275M
ECS Total Common Shares Outstanding	150M	150M	150M	148M	275M
Book Value / Share	0.27	0.33	0.43	0.53	0.61
Tangible Book Value	39.75M	46.79M	64.13M	78.08M	168M
Tangible Book Value Per Share	0.26	0.31	0.43	0.53	0.61
Total Debt	107M	107M	98.74M	93.75M	66.1M
Net Debt	106M	107M	98.7M	92.4M	49.91M
Debt Equivalent Oper. Leases	8.22M	14.54M	31.78M	157M	128M
Equity Method Investments, Total	-	4.96M	-	-	-
Account Code - Inventory Valuation	5	5	5	3	-
Land - (BS)	5.47M	5.47M	-	5.61M	5.61M
Machinery, Total	162M	164M	170M	182M	218M
Full Time Employees	-	-	-	170	1K
Part Time Employees	-	-	-	5	-
Accumulated Allowance for Doubtful Accounts (Supple)	494K	508K	186K	345K	564K

Fiscal Period: June	2021	2022	2023	2024	2025
Net Income	-19.73M	4.1M	17.34M	5.55M	12.49M
Depreciation & Amortization - CF	18.97M	19.36M	20.99M	23.57M	28.07M
Depreciation & Amortization, Total	18.97M	19.36M	20.99M	23.57M	28.07M
Amortization of Deferred Charges, Total - (CF)	61K	5K	-	-	-
(Gain) Loss From Sale Of Asset	85K	-3.7M	-57K	226K	-908K
Asset Writedown & Restructuring Costs	1.16M	1.53M	322K	-936K	219K
Provision and Write-off of Bad Debts	-	508K	185K	-	-
Net Cash From Discontinued Operations	-	-	-	-	-
Other Operating Activities, Total	15.98M	1.36M	-5.41M	3.55M	7M
Change In Accounts Receivable	-4.03M	-21.44M	694K	-48.99M	30.37M
Change In Inventories	-595K	-126K	-444K	658K	-87K
Change In Accounts Payable	1.92M	18.74M	-4.22M	46.38M	-41.54M
Change in Other Net Operating Assets	120K	-396K	-511K	-958K	202K
Cash from Operations	13.94M	19.94M	28.89M	29.04M	35.82M
Capital Expenditure	-9.55M	-9.04M	-11.56M	-13.65M	-38.36M
Sale of Property, Plant, and Equipment	4.4M	9.6M	250K	1.58M	900K
Sale (Purchase) of Intangible assets	-	-1.69M	-	-	-
Cash from Investing	-5.14M	-1.12M	-11.31M	-12.06M	-37.46M
Short Term Debt Issued, Total	-	-	-	-	20M
Long-Term Debt Issued, Total	4.34M	378K	-	-	15.12M
Total Debt Issued	4.34M	378K	-	-	35.12M
Short Term Debt Repaid, Total	-	-	-	-	-18.77M
Long-Term Debt Repaid, Total	-13.74M	-19.02M	-18.05M	-16.9M	-76.67M
Total Debt Repaid	-13.74M	-19.02M	-18.05M	-16.9M	-95.44M
Issuance of Common Stock	-	-	-	-	76.8M
Repurchase of Common Stock	-	-	-	-648K	-
Other Financing Activities, Total	-	-	-	1.88M	-
Cash from Financing	-9.41M	-18.64M	-18.05M	-15.66M	16.48M
Net Change in Cash	-613K	185K	-474K	1.31M	14.84M
Supplemental Items
Cash Interest Paid	3.95M	3.51M	4.92M	4.87M	2.38M
Levered Free Cash Flow	25.42M	13.96M	15M	14.39M	-8.45M
Unlevered Free Cash Flow	28.38M	16.8M	19.14M	20.14M	-6.14M
Change In Net Working Capital	-14.13M	-275K	917K	644K	10.39M
Net Debt Issued / Repaid	-9.41M	-18.64M	-18.05M	-16.9M	-60.32M

Fiscal Period: June	2021	2022	2023	2024	2025
Profitability
Return on Assets	2.74	4.39	5.45	4.82	5.42
Return on Total Capital	3.41	5.2	6.66	6.49	7.16
Return On Equity %	-71.11	9.23	30.71	7.8	10.16
Return on Common Equity	-71.11	9.23	30.71	7.8	10.16
Margin Analysis
Gross Profit Margin %	28.28	25.08	33.97	26.53	21.29
SG&A Margin	1.05	1.35	11.53	9.96	1.9
EBITDA Margin %	19.83	17.33	16.28	10.45	13.36
EBITA Margin %	7.78	9.35	10.06	6.47	8.22
EBIT Margin %	7.78	9.35	10.06	6.47	8.22
Income From Continuing Operations Margin %	-20.16	3.04	10.26	2.06	4.41
Net Income Margin %	-20.16	3.04	10.26	2.06	4.41
Net Avail. For Common Margin %	-20.16	3.04	10.26	2.06	4.41
Normalized Net Income Margin	-2.12	0.9	3.81	1.91	4.32
Levered Free Cash Flow Margin	25.97	10.36	8.88	5.35	-2.99
Unlevered Free Cash Flow Margin	28.99	12.47	11.33	7.49	-2.17
Asset Turnover
Asset Turnover	0.56	0.75	0.87	1.19	1.06
Fixed Assets Turnover	0.78	0.96	1.21	1.86	1.64
Receivables Turnover (Average Receivables)	6.86	5.29	5.18	4.79	4.32
Inventory Turnover (Average Inventory)	35.27	42.93	42.33	78.1	99.29
Short Term Liquidity
Current Ratio	0.49	0.54	0.54	0.66	0.96
Quick Ratio	0.37	0.5	0.46	0.62	0.88
Operating Cash Flow to Current Liabilities	0.28	0.25	0.39	0.21	0.46
Days Sales Outstanding (Average Receivables)	53.18	69.05	70.48	76.42	84.45
Days Outstanding Inventory (Average Inventory)	10.35	8.5	8.62	4.69	3.68
Average Days Payable Outstanding	28.68	39.51	62.12	74.74	60.24
Cash Conversion Cycle (Average Days)	34.85	38.04	16.98	6.37	27.88
Long Term Solvency
Total Debt/Equity	266.32	220.19	153.96	120.08	39.39
Total Debt / Total Capital	72.7	68.77	60.62	54.56	28.26
LT Debt/Equity	187.99	131.87	90.46	50.3	17.48
Long-Term Debt / Total Capital	51.32	41.19	35.62	22.86	12.54
Total Liabilities / Total Assets	75.71	74.78	67.4	69.28	40.45
EBIT / Interest Expense	1.61	2.78	2.56	1.89	6.29
EBITDA / Interest Expense	5.62	7.05	5.73	4.45	13.88
(EBITDA - Capex) / Interest Expense	3.6	5.06	3.99	2.97	3.51
Total Debt / EBITDA	4.01	3.36	2.6	2.29	1.29
Net Debt / EBITDA	4	3.35	2.6	2.26	0.97
Total Debt / (EBITDA - Capex)	6.26	4.69	3.74	3.43	5.1
Net Debt / (EBITDA - Capex)	6.24	4.66	3.73	3.38	3.85
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-4.02	37.63	25.43	59.11	5.28
Gross Profit, 1 Yr. Growth %	6.78	22.06	69.88	51.65	16.47
EBITDA, 1 Yr. Growth %	12.32	20.25	17.87	1.9	34.59
EBITA, 1 Yr. Growth %	59.35	65.34	34.96	1.9	33.77
EBIT, 1 Yr. Growth %	59.35	65.34	34.96	1.9	33.77
Earnings From Cont. Operations, 1 Yr. Growth %	158.53	-120.78	323	-68.02	125.09
Net Income, 1 Yr. Growth %	35.29	-120.78	323	-68.02	125.09
Normalized Net Income, 1 Yr. Growth %	-61.61	-158.06	433.16	-20.58	137.86
Diluted EPS Before Extra, 1 Yr. Growth %	-	-120.78	323.01	-67.93	25.47
Accounts Receivable, 1 Yr. Growth %	58.39	92.19	-5.35	153.81	-37.37
Inventory, 1 Yr. Growth %	35.14	5.51	18.39	-23.02	3.95
Net Property, Plant and Equip., 1 Yr. Growth %	24.07	2.02	-2.84	9.19	28.54
Total Assets, 1 Yr. Growth %	-9.54	17.24	1.69	29.19	10.87
Tangible Book Value, 1 Yr. Growth %	158.82	17.7	37.07	21.74	114.93
Common Equity, 1 Yr. Growth %	159.85	21.77	31.42	21.74	114.93
Cash From Operations, 1 Yr. Growth %	26.29	43.09	44.85	0.52	23.36
Capital Expenditures, 1 Yr. Growth %	49.84	-5.34	27.88	18.08	181.09
Levered Free Cash Flow, 1 Yr. Growth %	-	-45.07	7.42	-4.27	-158.73
Unlevered Free Cash Flow, 1 Yr. Growth %	-	-40.81	13.97	5.02	-130.49
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-	14.93	31.39	41.27	29.42
Gross Profit, 2 Yr. CAGR %	-	14.17	44	45.3	13.19
EBITDA, 2 Yr. CAGR %	-	16.22	19.06	9.71	17.11
EBITA, 2 Yr. CAGR %	-	62.32	49.38	17.47	16.75
EBIT, 2 Yr. CAGR %	-	62.32	49.38	17.47	16.75
Earnings From Cont. Operations, 2 Yr. CAGR %	-	-26.71	-6.25	16.32	-15.15
Net Income, 2 Yr. CAGR %	-	-46.98	-6.25	16.32	-15.15
Normalized Net Income, 2 Yr. CAGR %	-	-52.79	75.95	106.35	37.45
Diluted EPS Before Extra, 2 Yr. CAGR %	-	-	-6.25	16.48	-36.56
Accounts Receivable, 2 Yr. CAGR %	-	74.47	34.87	54.99	26.08
Inventory, 2 Yr. CAGR %	-	19.41	11.76	-4.54	-10.55
Net Property, Plant and Equip., 2 Yr. CAGR %	-	12.51	-0.44	3	18.47
Total Assets, 2 Yr. CAGR %	-	2.98	9.19	14.62	19.68
Tangible Book Value, 2 Yr. CAGR %	-	74.53	27.01	29.18	61.76
Common Equity, 2 Yr. CAGR %	-	77.89	26.51	26.49	61.76
Cash From Operations, 2 Yr. CAGR %	-	34.43	43.97	20.66	11.36
Capital Expenditures, 2 Yr. CAGR %	-	19.1	10.02	22.88	82.19
Levered Free Cash Flow, 2 Yr. CAGR %	-	-	-23.19	1.53	-25.02
Unlevered Free Cash Flow, 2 Yr. CAGR %	-	-	-17.87	9.5	-43.42
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-	-	18.33	40.05	28.08
Gross Profit, 3 Yr. CAGR %	-	-	30.34	37.1	21.28
EBITDA, 3 Yr. CAGR %	-	-	16.77	13.11	17.44
EBITA, 3 Yr. CAGR %	-	-	52.63	31.65	22.67
EBIT, 3 Yr. CAGR %	-	-	52.63	31.65	22.67
Earnings From Cont. Operations, 3 Yr. CAGR %	-	-	31.47	-34.49	44.95
Net Income, 3 Yr. CAGR %	-	-	5.95	-34.49	44.95
Normalized Net Income, 3 Yr. CAGR %	-	-	5.93	35.22	116.36
Diluted EPS Before Extra, 3 Yr. CAGR %	-	-	-	-34.43	19.4
Accounts Receivable, 3 Yr. CAGR %	-	-	42.3	66.52	14.59
Inventory, 3 Yr. CAGR %	-	-	19.07	-1.3	-1.79
Net Property, Plant and Equip., 3 Yr. CAGR %	-	-	7.14	2.67	10.9
Total Assets, 3 Yr. CAGR %	-	-	2.55	15.49	13.36
Tangible Book Value, 3 Yr. CAGR %	-	-	61.03	25.23	53.07
Common Equity, 3 Yr. CAGR %	-	-	60.81	24.9	50.94
Cash From Operations, 3 Yr. CAGR %	-	-	37.82	27.72	21.56
Capital Expenditures, 3 Yr. CAGR %	-	-	21.96	12.65	61.91
Levered Free Cash Flow, 3 Yr. CAGR %	-	-	-	-17.27	-15.41
Unlevered Free Cash Flow, 3 Yr. CAGR %	-	-	-	-10.8	-28.5
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-	-	-	-	22.65
Gross Profit, 5 Yr. CAGR %	-	-	-	-	18.38
EBITDA, 5 Yr. CAGR %	-	-	-	-	16.95
EBITA, 5 Yr. CAGR %	-	-	-	-	37.21
EBIT, 5 Yr. CAGR %	-	-	-	-	37.21
Earnings From Cont. Operations, 5 Yr. CAGR %	-	-	-	-	10.35
Net Income, 5 Yr. CAGR %	-	-	-	-	-3.06
Normalized Net Income, 5 Yr. CAGR %	-	-	-	-	17.69
Accounts Receivable, 5 Yr. CAGR %	-	-	-	-	35.57
Inventory, 5 Yr. CAGR %	-	-	-	-	6.2
Net Property, Plant and Equip., 5 Yr. CAGR %	-	-	-	-	11.54
Total Assets, 5 Yr. CAGR %	-	-	-	-	9.09
Tangible Book Value, 5 Yr. CAGR %	-	-	-	-	61.32
Common Equity, 5 Yr. CAGR %	-	-	-	-	61.19
Cash From Operations, 5 Yr. CAGR %	-	-	-	-	26.55
Capital Expenditures, 5 Yr. CAGR %	-	-	-	-	43.19