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: 3.57
Index:

0

LAST PRICE CHANGE +/- CHANGE % VOLUME

$0.255

29 Oct
2026

-0.040

OPEN

$0.29

-13.56%

HIGH

$0.30

1,870,218

LOW

$0.24

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

- No Record -

Last ex-div: 09/09 - ex-div 0.30c (franking 100%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2026 FactSet UK Limited. All rights reserved
Title 202120222023202420252026
EPS Basic xxxxxxxxxxxxxxx-0.1
DPS All xxxxxxxxxxxxxxx0.8
Sales/Revenue xxxxxxxxxxxxxxx235.9 M
Book Value Per Share xxxxxxxxxxxxxxx54.6
Net Operating Cash Flow xxxxxxxxxxxxxxx36.4 M
Net Profit Margin xxxxxxxxxxxxxxx-0.08 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 202120222023202420252026
Return on Capital Employed xxxxxxxxxxxxxxx-0.10 %
Return on Invested Capital xxxxxxxxxxxxxxx-0.07 %
Return on Assets xxxxxxxxxxxxxxx-0.05 %
Return on Equity xxxxxxxxxxxxxxx-0.10 %
Return on Total Capital xxxxxxxxxxxxxxx2.46 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx6.2 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 202120222023202420252026
Short-Term Debt xxxxxxxxxxxxxxx37 M
Long Term Debt xxxxxxxxxxxxxxx121 M
Total Debt xxxxxxxxxxxxxxx158 M
Goodwill - Gross xxxxxxxxxxxxxxx44 M
Cash & Equivalents - Generic xxxxxxxxxxxxxxx24 M
Price To Book Value xxxxxxxxxxxxxxx0.49

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 202120222023202420252026
Capex xxxxxxxxxxxxxxx27.2 M
Capex % of Sales xxxxxxxxxxxxxxx11.54 %
Cost of Goods Sold xxxxxxxxxxxxxxx213 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx15 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx1 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

Canaccord Genuity

xx/xx/xxxx

1

xxxxxxxxxx xx xxxxxxxx xxxx xxx

$xx.xx

xx.xx%

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

Shaw and Partners

30/08/2026

1

Buy

$0.60

135.29%

Shaw and Partners retains a Buy rating for Bhagwan Marine with a $0.60 target price following an FY26 result featuring EBITDA of $46.1m.

Disciplined cost management drove an EBITDA margin expansion to 19.5% from 18.0% in FY25.

Further margin improvement is anticipated in FY27 supported by tight global offshore vessel supply and strong price realisation.

The recent Riverside Marine acquisition performed strongly, while net debt closed at $74.5m with management guiding to sustaining capital expenditure in the high teens for the year ahead.

The broker notes the stock trades at a substantial multiple discount compared to the domestic developer and contractor sector despite generating 56% of group revenue from recurring sources.

FORECAST
Shaw and Partners forecasts a full year FY27 dividend of 1.00 cents and EPS of 3.70 cents.
Shaw and Partners forecasts a full year FY28 dividend of 1.50 cents and EPS of 5.50 cents.
Access Extra Coverage Research History >

BWN STOCK CHART

FNArena News on BWN

1
Australian Broker Call *Extra* Edition – Oct 27, 2026

Oct 27 2026 - Daily Market Reports
2
Australian Broker Call *Extra* Edition – Aug 31, 2026

Aug 31 2026 - Daily Market Reports
3
Australian Broker Call *Extra* Edition – Jul 13, 2026

Jul 13 2026 - Daily Market Reports
4
Australian Broker Call *Extra* Edition – May 14, 2026

May 14 2026 - Daily Market Reports
5
Australian Broker Call *Extra* Edition – Apr 01, 2026

Apr 01 2026 - Daily Market Reports

Latest Industrial Sector Contractors & Engineers News

1
M&A, Data Centres Lift Southern Cross’ Future

Oct 15 2026 - Small Caps
2
Contractors Setting For Rising Future Demand

Sep 16 2026 - Australia
3
Ventia’s Transition Year Serves Up Opportunity

Sep 09 2026 - Australia
4
Symal Group’s Expansion Story Gaining Traction

May 28 2026 - Small Caps
5
Ventia Services Targeting Key Growth Sectors

May 11 2026 - Small Caps
6
Cleanaway Eyes Margin Growth, Cash Upside

Apr 24 2026 - Australia
7
Fortress Australia: Identifying The ‘Real’ Beneficiaries Of The $330bn Defence Pipeline

Mar 23 2026 - Small Caps
8
The Great Capex Catch-Up: When Infrastructure Pipelines Meet a Commodity Gale

Feb 10 2026 - Australia
9
ALS Shares Resuming Uptrend

Feb 10 2026 - Technicals
10
Downer EDI Brimming With Confidence

Dec 03 2025 - Australia