BHAGWAN MARINE LIMITED (BWN)
Share Price Analysis and Chart

Enter the company code or Name for stock analysis:

BWN

BWN - BHAGWAN MARINE LIMITED

FNArena Sector : Industrial Sector Contractors & Engineers
Year End: June
GICS Industry Group : Transportation
Debt/EBITDA: 1.31
Index:

LAST PRICE CHANGE +/- CHANGE % VOLUME

$0.38

30 Apr
2026

0.000

OPEN

$0.38

0.000

HIGH

$0.39

1,085,381

LOW

$0.38

OTHER COMPANIES IN THE SAME SECTOR
3DA . ALQ . AVD . BOL . BSA . CG1 . CLG . CVL . CWY . CXL . DOW . DUR . EGL . FLC . IPG . LBL . MAD . MPW . PPK . RWL . SDV . SHA . SND . SSM . SYL . VBC . VEE . VNT . VYS .
FNARENA'S MARKET CONSENSUS FORECASTS

- No Record -

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2026 FactSet UK Limited. All rights reserved
Title 20212022202320242025
EPS Basic xxxxxxxxxxxx4.7
DPS All xxxxxxxxxxxx0.5
Sales/Revenue xxxxxxxxxxxx283.0 M
Book Value Per Share xxxxxxxxxxxx61.0
Net Operating Cash Flow xxxxxxxxxxxx35.8 M
Net Profit Margin xxxxxxxxxxxx4.41 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 20212022202320242025
Return on Capital Employed xxxxxxxxxxxx10.16 %
Return on Invested Capital xxxxxxxxxxxx7.94 %
Return on Assets xxxxxxxxxxxx4.35 %
Return on Equity xxxxxxxxxxxx10.16 %
Return on Total Capital xxxxxxxxxxxx11.01 %
Free Cash Flow ex dividends xxxxxxxxxxxx-2.5 M

Return on Capital Employed

Return on Invested Capital

Return on Assets

Return on Equity

Return on Total Capital

Free Cash Flow ex dividends

Title 20212022202320242025
Short-Term Debt xxxxxxxxxxxx37 M
Long Term Debt xxxxxxxxxxxx29 M
Total Debt xxxxxxxxxxxx66 M
Goodwill - Gross xxxxxxxxxxxx-
Cash & Equivalents - Generic xxxxxxxxxxxx16 M
Price To Book Value xxxxxxxxxxxx0.83

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 20212022202320242025
Capex xxxxxxxxxxxx38.4 M
Capex % of Sales xxxxxxxxxxxx13.55 %
Cost of Goods Sold xxxxxxxxxxxx251 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxx10 M
Research & Development xxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxx1 M

Capex

Capex % of Sales

Cost of Goods Sold

Selling, General & Admin. Exp & Other

Research & Development

Investments - Total

EXPERT VIEWS
Display All Commentary

Sentiment Indicator

0.0

No. Of Recommendations

0
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY
Access Stockbroker Research History >
EXTRA COVERAGE
Display All Commentary

No. Of Recommendations

2

Please note: unlike Broker Call Report, BC Extra is not updated daily. The info you see might not be the latest. FNArena does its best to update ASAP.

BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Shaw and Partners

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

Argonaut

26/02/2026

1

Buy

$0.70

84.21%

Argonaut reiterates a Buy rating for Bhagwan Marine with a 0.70 target price following 1H FY26 results characterised by strong cash generation but softer-than-expected earnings margins.

The broker notes 1H FY26 EBITDA of 22.4m and free cash flow of 8.6m were in line with forecasts, supported by disciplined capital management and a faster-than-anticipated reduction in net debt.

Revenue of $116.9m was modestly below expectations, reflecting the completion of the TVI decommissioning project in FY25.

While EBITDA margins remain attractive at 19.2%, commentary states future valuation is tied to the successful integration of Riverside Marine and securing new contracts in the defense and decommissioning sectors to offset legacy project completions.

The price target is lowered -7% to reflect moderated earnings assumptions and tighter medium-term margins.

FORECAST
Argonaut forecasts a full year FY26 dividend of 1.00 cents and EPS of 2.60 cents.
Argonaut forecasts a full year FY27 dividend of 0.80 cents and EPS of 4.20 cents.
Access Extra Coverage Research History >

BWN STOCK CHART

FNArena News on BWN

Latest Industrial Sector Contractors & Engineers News

1
New Growth Pathway for Cleanaway Waste Management

Mar 14 2022 - Australia
2
Better Times Ahead For Contractors

Sep 10 2021 - Australia
3
ALS Gathers Pace As Commodities Surge

May 27 2021 - Australia
4
Cash For Trash In Listed Waste Management

Apr 23 2021 - Weekly Reports
5
Lift In Exploration Augurs Well For ALS

Mar 11 2021 - Australia
6
Service Stream: Margin Pressure Versus NBN Upside

Mar 03 2021 - Australia
7
ALS To Benefit As Mineral Exploration Heats Up

Nov 19 2020 - Australia
8
Budget Puts Downer EDI In The Front Seat

Oct 08 2020 - Australia
9
ESG Focus: Of Waste And Resources

Sep 09 2020 - ESG Focus
10
ESG focus: Australia Gets Serious About Recycling

Jul 21 2020 - ESG Focus