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 ₹ 3,177 Cr.
 - Current Price ₹ 245
 - High / Low ₹ 365 / 228
 - Stock P/E 262
 - Book Value ₹ 52.6
 - Dividend Yield 0.06 %
 - ROCE 5.19 %
 - ROE 2.53 %
 - Face Value ₹ 1.00
 
Pros
Cons
- Stock is trading at 4.65 times its book value
 - Promoter holding is low: 19.6%
 - Company has a low return on equity of 6.64% over last 3 years.
 - Dividend payout has been low at 9.66% of profits over last 3 years
 - Debtor days have increased from 111 to 144 days.
 - Promoter holding has decreased over last 3 years: -4.84%
 
* 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
Commodities Chemicals Fertilizers & Agrochemicals Pesticides & Agrochemicals
Part of BSE SmallCap BSE Allcap BSE Commodities
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|
| 246 | 318 | 436 | 502 | 408 | 440 | 453 | |
| 229 | 271 | 367 | 425 | 365 | 404 | 419 | |
| Operating Profit | 17 | 47 | 68 | 77 | 43 | 37 | 34 | 
| OPM % | 7% | 15% | 16% | 15% | 11% | 8% | 7% | 
| 4 | 2 | 1 | 1 | 3 | 9 | 8 | |
| Interest | 5 | 8 | 9 | 5 | 8 | 7 | 9 | 
| Depreciation | 7 | 8 | 9 | 10 | 11 | 14 | 14 | 
| Profit before tax | 9 | 32 | 51 | 64 | 27 | 25 | 18 | 
| Tax % | 27% | 27% | 30% | 29% | 32% | 45% | |
| 7 | 23 | 36 | 45 | 18 | 14 | 12 | |
| EPS in Rs | 0.63 | 2.27 | 3.48 | 4.34 | 1.75 | 1.07 | 0.97 | 
| Dividend Payout % | 0% | 0% | 7% | 9% | 6% | 14% | 
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % | 
| 5 Years: | 12% | 
| 3 Years: | 0% | 
| TTM: | 8% | 
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % | 
| 5 Years: | 22% | 
| 3 Years: | -27% | 
| TTM: | -45% | 
| Stock Price CAGR | |
|---|---|
| 10 Years: | 38% | 
| 5 Years: | 46% | 
| 3 Years: | 20% | 
| 1 Year: | -29% | 
| Return on Equity | |
|---|---|
| 10 Years: | % | 
| 5 Years: | 9% | 
| 3 Years: | 7% | 
| Last Year: | 3% | 
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| Equity Capital | 8 | 8 | 8 | 10 | 10 | 13 | 
| Reserves | 124 | 147 | 182 | 303 | 403 | 669 | 
| 43 | 62 | 81 | 50 | 62 | 89 | |
| 50 | 55 | 71 | 83 | 101 | 162 | |
| Total Liabilities | 225 | 273 | 342 | 447 | 576 | 933 | 
| 138 | 152 | 157 | 173 | 214 | 245 | |
| CWIP | 4 | 2 | 5 | 28 | 68 | 289 | 
| Investments | 0 | 0 | 0 | 0 | 38 | 0 | 
| 83 | 119 | 181 | 246 | 256 | 399 | |
| Total Assets | 225 | 273 | 342 | 447 | 576 | 933 | 
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| 48 | 4 | 7 | 14 | 34 | -53 | |
| -39 | -21 | -17 | -60 | -116 | -200 | |
| -9 | 15 | 12 | 46 | 88 | 272 | |
| Net Cash Flow | 0 | -2 | 2 | 1 | 7 | 19 | 
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| Debtor Days | 17 | 68 | 81 | 94 | 96 | 144 | 
| Inventory Days | 137 | 97 | 91 | 108 | 168 | 173 | 
| Days Payable | 59 | 89 | 73 | 69 | 98 | 125 | 
| Cash Conversion Cycle | 95 | 76 | 99 | 132 | 166 | 193 | 
| Working Capital Days | -12 | 21 | 32 | 90 | 94 | 124 | 
| ROCE % | 20% | 25% | 22% | 8% | 5% | 
Documents
Announcements
- 
        
          Intimation Under Regulation 30- Appointment Of Additional Director (In The Capacity Of Whole Time Director) In The Wholly Owned Subsidiary Company I.E. Bheema Fine Chemicals Private Limited
          
            3m - Venkat Sai appointed Whole Time Director of subsidiary Bheema Fine Chemicals Pvt Ltd, effective Nov 04, 2025.
 - 
        
          Board Meeting Intimation for  Considering And Approving The Un-Audited Financial Results (Standalone & Consolidated) For The Quarter/Half Year Ended September 30, 2025
          
            1d - Board meeting on Nov 10, 2025 to approve Q2/H1 Sep 30, 2025 unaudited results; trading window closed.
 - 
        
          Announcement under Regulation 30 (LODR)-Newspaper Publication
          
            28 Oct - Copy of Newspaper Publication on Special window for re-lodgment of transfer request and 100 days campaign Saksham Niveshak
 - 
        
          Intimation Regarding  IEPFA - 100 Days Campaign - Saksham Niveshak
          
            17 Oct - Launches IEPF 'Saksham Niveshak' campaign (28 Jul–06 Nov 2025) urging shareholders to update KYC, claim unclaimed dividends.
 - 
        
          Intimation Under Regulation 30 Of SEBI (LODR) Regulations,  2015
          
            15 Oct - Company extended Rs.215 Crore corporate guarantee for wholly-owned subsidiary loans across Axis, ICICI, RBL on October 15, 2025.
 
Annual reports
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      Financial Year 2025
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      Financial Year 2024
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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
      from bse
 
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]