Bhagiradha Chemicals & Industries Ltd

Bhagiradha Chemicals & Industries Ltd

₹ 238 -0.85%
03 Jun 11:53 a.m.
About

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]

Key Points

Product Portfolio (32 Active Ingredients)[1]
The company's product portfolio includes a wide range of insecticides, fungicides, herbicides, and specialty 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 [2]

  • Market Cap 3,089 Cr.
  • Current Price 238
  • High / Low 325 / 170
  • Stock P/E 118
  • Book Value 55.8
  • Dividend Yield 0.06 %
  • ROCE 5.22 %
  • ROE 3.69 %
  • Face Value 1.00

Pros

  • Company's working capital requirements have reduced from 201 days to 86.6 days

Cons

  • Stock is trading at 4.27 times its book value
  • The company has delivered a poor sales growth of 10.4% over past five years.
  • Promoter holding is low: 19.6%
  • Tax rate seems low
  • Company has a low return on equity of 4.52% over last 3 years.
  • Dividend payout has been low at 6.55% of profits over last 3 years
  • Promoter holding has decreased over last 3 years: -3.92%

* 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.

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
122.57 100.01 122.01 74.37 110.32 110.78 100.22 102.73 122.63 123.78 134.36 113.92 149.16
104.28 92.80 108.45 66.19 96.37 98.94 90.47 93.43 115.39 113.78 120.15 102.51 135.14
Operating Profit 18.29 7.21 13.56 8.18 13.95 11.84 9.75 9.30 7.24 10.00 14.21 11.41 14.02
OPM % 14.92% 7.21% 11.11% 11.00% 12.65% 10.69% 9.73% 9.05% 5.90% 8.08% 10.58% 10.02% 9.40%
0.51 0.42 0.48 1.38 2.53 3.64 5.24 5.50 6.10 3.50 0.55 0.74 0.92
Interest 1.55 1.72 2.26 1.57 2.14 1.34 1.65 2.29 1.36 2.93 3.33 2.13 3.00
Depreciation 2.51 2.61 2.70 2.82 2.83 2.82 2.91 3.11 3.10 3.36 3.43 3.50 3.50
Profit before tax 14.74 3.30 9.08 5.17 11.51 11.32 10.43 9.40 8.88 7.21 8.00 6.52 8.44
Tax % 33.38% 33.33% 30.62% 28.63% 29.37% 36.13% 24.45% 24.15% 41.89% -14.84% 26.00% 26.07% 14.57%
9.82 2.20 6.29 3.69 8.12 7.23 7.87 7.13 5.16 8.29 5.92 4.83 7.21
EPS in Rs 0.94 0.21 0.60 0.35 0.78 0.58 0.63 0.57 0.40 0.64 0.46 0.37 0.56
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
220 152 203 183 384 246 318 436 502 407 436 521
209 148 191 172 343 229 271 367 424 364 398 472
Operating Profit 11 4 11 12 41 17 47 68 78 43 38 50
OPM % 5% 3% 6% 6% 11% 7% 15% 16% 16% 11% 9% 10%
1 1 2 -8 1 4 2 1 2 5 20 6
Interest 6 7 7 7 8 5 8 9 5 8 7 11
Depreciation 3 4 4 3 5 7 8 9 10 11 12 14
Profit before tax 3 -5 3 -6 29 9 32 51 65 29 40 30
Tax % 17% -39% 61% -77% 37% 27% 27% 30% 29% 30% 32% 13%
3 -3 1 -1 18 7 23 36 46 20 27 26
EPS in Rs 0.40 -0.51 0.16 -0.14 1.78 0.63 2.28 3.50 4.46 1.95 2.11 2.02
Dividend Payout % 20% 0% 0% 0% 9% 0% 0% 7% 9% 5% 7% 7%
Compounded Sales Growth
10 Years: 13%
5 Years: 10%
3 Years: 1%
TTM: 19%
Compounded Profit Growth
10 Years: 24%
5 Years: 3%
3 Years: -17%
TTM: -4%
Stock Price CAGR
10 Years: 34%
5 Years: 40%
3 Years: 14%
1 Year: -20%
Return on Equity
10 Years: 8%
5 Years: 8%
3 Years: 5%
Last Year: 4%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Equity Capital 5 5 5 8 8 8 8 8 10 10 13 13
Reserves 44 41 46 94 120 124 148 182 304 407 686 711
71 62 64 61 47 43 62 81 50 61 77 94
75 71 91 80 98 50 55 71 82 89 138 131
Total Liabilities 195 179 206 243 274 225 273 342 446 568 914 948
52 66 69 77 106 138 145 149 164 176 203 215
CWIP 16 0 0 0 4 4 1 3 6 5 15 1
Investments 0 0 0 0 0 0 8 9 42 80 42 410
127 113 138 166 164 83 119 181 234 306 654 322
Total Assets 195 179 206 243 274 225 273 342 446 568 914 948

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
1 18 8 -27 49 48 4 7 13 39 -1 36
-15 -0 -6 -13 -38 -39 -21 -17 -59 -123 -250 -44
13 -17 -2 43 -12 -9 15 12 46 88 260 7
Net Cash Flow -1 1 -0 3 -1 0 -2 2 -0 5 9 -1
Free Cash Flow -14 17 2 -45 11 9 -9 -9 -15 18 -44 23
CFO/OP 16% 465% 68% -231% 127% 304% 19% 22% 32% 102% 16% 87%

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Debtor Days 82 67 31 71 80 17 68 81 94 95 145 140
Inventory Days 139 256 282 281 77 137 97 91 108 166 158 98
Days Payable 143 216 205 191 110 59 89 73 69 95 135 106
Cash Conversion Cycle 78 106 108 161 47 95 76 99 132 167 169 132
Working Capital Days -0 -19 -21 49 16 -12 21 32 91 120 395 87
ROCE % 8% 0% 8% 7% 22% 7% 20% 25% 22% 9% 7% 5%

Insights

In beta
Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Electricity Consumption per MT of Production
Units/MT

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Export Share of Revenue
%
Actual Production Volume
MT
Installed Production Capacity
MTPA
Capacity Utilization
%
Number of Global Customer Relationships
Number
Revenue from Top 5 Products
%
Number of Technical Grade Products
Number
R&D Expenditure (Percentage of Turnover)
%

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
23.52% 23.52% 23.52% 23.52% 20.27% 20.27% 20.27% 19.75% 19.75% 19.60% 19.60% 19.60%
0.12% 0.10% 0.17% 0.16% 0.17% 0.15% 0.18% 0.04% 0.05% 0.05% 0.20% 0.14%
0.00% 0.00% 0.00% 0.00% 3.14% 3.14% 3.08% 2.89% 2.89% 2.89% 2.99% 3.02%
76.37% 76.38% 76.32% 76.33% 76.42% 76.44% 76.46% 77.33% 77.31% 77.48% 77.22% 77.24%
No. of Shareholders 3,5243,9413,7474,29211,29815,10114,76213,88313,91113,76113,38112,815

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

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