Bhagiradha Chemicals & Industries Ltd
Bhagiradha Chemicals & Industries is an Agro Chemical Company in India involved in the manufacturing of insecticides, fungicides, herbicides etc. It was Promoted by late Sri S. Koteswara Rao, a former scientist of Indian Institute of Chemical Technology, Hyderabad in the year 1993.[1][2]
- Market Cap ₹ 1,990 Cr.
- Current Price ₹ 1,912
- High / Low ₹ 2,174 / 1,100
- Stock P/E 90.4
- Book Value ₹ 308
- Dividend Yield 0.21 %
- ROCE 22.0 %
- ROE 18.4 %
- Face Value ₹ 10.0
Pros
- Company has delivered good profit growth of 46.1% CAGR over last 5 years
Cons
- Promoter holding is low: 23.5%
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Agro Chemicals Industry: Pesticides / Agrochemicals - Indian
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
68 | 146 | 174 | 220 | 152 | 203 | 183 | 384 | 246 | 318 | 436 | 502 | 419 | |
69 | 136 | 164 | 209 | 148 | 191 | 172 | 343 | 229 | 271 | 367 | 424 | 372 | |
Operating Profit | -0 | 10 | 11 | 11 | 4 | 11 | 12 | 41 | 17 | 47 | 68 | 78 | 47 |
OPM % | -1% | 7% | 6% | 5% | 3% | 6% | 6% | 11% | 7% | 15% | 16% | 16% | 11% |
1 | 0 | 1 | 1 | 1 | 2 | -8 | 1 | 4 | 2 | 1 | 2 | 3 | |
Interest | 2 | 4 | 4 | 6 | 7 | 7 | 7 | 8 | 5 | 8 | 9 | 5 | 7 |
Depreciation | 3 | 4 | 5 | 3 | 4 | 4 | 3 | 5 | 7 | 8 | 9 | 10 | 11 |
Profit before tax | -4 | 3 | 2 | 3 | -5 | 3 | -6 | 29 | 9 | 32 | 51 | 65 | 32 |
Tax % | 36% | 32% | 10% | 17% | 39% | 61% | 77% | 37% | 27% | 27% | 30% | 29% | |
-3 | 2 | 2 | 3 | -3 | 1 | -1 | 18 | 7 | 23 | 36 | 46 | 22 | |
EPS in Rs | -4.55 | 3.18 | 3.16 | 4.06 | -5.18 | 1.60 | -1.35 | 17.76 | 6.32 | 22.78 | 34.85 | 44.60 | 21.14 |
Dividend Payout % | 0% | 0% | 26% | 20% | 0% | 0% | 0% | 9% | 0% | 0% | 7% | 9% |
Compounded Sales Growth | |
---|---|
10 Years: | 13% |
5 Years: | 22% |
3 Years: | 27% |
TTM: | -19% |
Compounded Profit Growth | |
---|---|
10 Years: | 37% |
5 Years: | 46% |
3 Years: | 110% |
TTM: | -54% |
Stock Price CAGR | |
---|---|
10 Years: | 53% |
5 Years: | 34% |
3 Years: | 64% |
1 Year: | 37% |
Return on Equity | |
---|---|
10 Years: | 13% |
5 Years: | 16% |
3 Years: | 18% |
Last Year: | 18% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 5 | 5 | 5 | 5 | 5 | 5 | 8 | 8 | 8 | 8 | 8 | 10 | 10 |
Reserves | 39 | 41 | 43 | 44 | 41 | 46 | 94 | 120 | 124 | 148 | 182 | 304 | 310 |
26 | 39 | 53 | 71 | 62 | 64 | 61 | 47 | 43 | 62 | 81 | 50 | 80 | |
19 | 39 | 41 | 75 | 71 | 91 | 80 | 98 | 50 | 55 | 71 | 82 | 74 | |
Total Liabilities | 90 | 124 | 142 | 195 | 179 | 206 | 243 | 274 | 225 | 273 | 342 | 446 | 474 |
31 | 35 | 48 | 52 | 66 | 69 | 77 | 106 | 138 | 145 | 149 | 164 | 174 | |
CWIP | 3 | 12 | 9 | 16 | 0 | 0 | 0 | 4 | 4 | 1 | 3 | 6 | 4 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 8 | 9 | 42 | 42 |
56 | 77 | 85 | 127 | 113 | 138 | 166 | 164 | 83 | 119 | 181 | 234 | 255 | |
Total Assets | 90 | 124 | 142 | 195 | 179 | 206 | 243 | 274 | 225 | 273 | 342 | 446 | 474 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-21 | 8 | 3 | 1 | 18 | 8 | -27 | 49 | 48 | 4 | 7 | 13 | |
0 | -17 | -14 | -15 | -0 | -6 | -13 | -38 | -39 | -21 | -17 | -59 | |
8 | 8 | 10 | 13 | -17 | -2 | 43 | -12 | -9 | 15 | 12 | 46 | |
Net Cash Flow | -12 | -0 | -2 | -1 | 1 | -0 | 3 | -1 | 0 | -2 | 2 | -0 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 99 | 89 | 71 | 82 | 67 | 31 | 71 | 80 | 17 | 68 | 81 | 94 |
Inventory Days | 188 | 103 | 99 | 139 | 256 | 282 | 281 | 77 | 137 | 97 | 91 | 108 |
Days Payable | 121 | 113 | 104 | 143 | 216 | 205 | 191 | 110 | 59 | 89 | 73 | 69 |
Cash Conversion Cycle | 167 | 78 | 66 | 78 | 106 | 108 | 161 | 47 | 95 | 76 | 99 | 132 |
Working Capital Days | 168 | 85 | 85 | 82 | 80 | 66 | 133 | 50 | 35 | 71 | 91 | 115 |
ROCE % | -4% | 8% | 7% | 8% | 0% | 8% | 7% | 22% | 7% | 20% | 25% | 22% |
Documents
Announcements
- Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 19 Apr
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Announcement under Regulation 30 (LODR)-Newspaper Publication
13 Apr - Newspaper publication regarding notice of record date for the purpose of sub-division/split of equity shares
- Record Date For The Purpose Of Sub-Division/Split Of Equity Shares Of The Company. 12 Apr
- Outcome Of Circular Resolution Passed By The Board Of The Company Today I.E. April 12, 2024 12 Apr
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Announcement under Regulation 30 (LODR)-Newspaper Publication
12 Apr - Newspaper Publication on result of Postal Ballot Notice dated March 05, 2024
Annual reports
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2010
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Product Portfolio
The company's product portfolio includes a wide range of insecticides, fungicides, herbicides, and speciality intermediaries -
a. Insecticides: Chlorpyrifos, Diafenthiuron, Fipronil, Buprofezin, etc.
b. Fungicides: Azoxystrobin
c. Herbicides: Imazethapyr, Clodinafop-propargyl, Cloquintocet-mexyl
d. Specialty-intermediaries: R-HPPA, 2,6-Dichloroaniline, etc [1]