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 ₹ 1,965 Cr.
- Current Price ₹ 1,889
- High / Low ₹ 2,008 / 1,100
- Stock P/E 96.3
- Book Value ₹ 306
- Dividend Yield 0.21 %
- ROCE 21.7 %
- ROE 18.0 %
- Face Value ₹ 10.0
Pros
Cons
- Promoter holding is low: 23.5%
- Company might be capitalizing the interest cost
* 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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|
246 | 318 | 436 | 502 | 419 | |
229 | 271 | 367 | 425 | 372 | |
Operating Profit | 17 | 47 | 68 | 77 | 47 |
OPM % | 7% | 15% | 16% | 15% | 11% |
4 | 2 | 1 | 1 | 1 | |
Interest | 5 | 8 | 9 | 5 | 7 |
Depreciation | 7 | 8 | 9 | 10 | 11 |
Profit before tax | 9 | 32 | 51 | 64 | 31 |
Tax % | 27% | 27% | 30% | 29% | |
7 | 23 | 36 | 45 | 20 | |
EPS in Rs | 6.32 | 22.64 | 34.71 | 43.39 | 19.60 |
Dividend Payout % | 0% | 0% | 7% | 9% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 27% |
TTM: | -19% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 108% |
TTM: | -56% |
Stock Price CAGR | |
---|---|
10 Years: | 52% |
5 Years: | 35% |
3 Years: | 65% |
1 Year: | 26% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 18% |
Last Year: | 18% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|
Equity Capital | 8 | 8 | 8 | 10 | 10 |
Reserves | 124 | 147 | 182 | 303 | 308 |
43 | 62 | 81 | 50 | 81 | |
50 | 55 | 71 | 83 | 77 | |
Total Liabilities | 225 | 273 | 342 | 447 | 476 |
138 | 152 | 157 | 173 | 183 | |
CWIP | 4 | 2 | 5 | 28 | 48 |
Investments | 0 | 0 | 0 | 0 | 0 |
83 | 119 | 181 | 246 | 244 | |
Total Assets | 225 | 273 | 342 | 447 | 476 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|
48 | 4 | 7 | 14 | |
-39 | -21 | -17 | -60 | |
-9 | 15 | 12 | 46 | |
Net Cash Flow | 0 | -2 | 2 | 1 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|
Debtor Days | 17 | 68 | 81 | 94 |
Inventory Days | 137 | 97 | 91 | 108 |
Days Payable | 59 | 89 | 73 | 69 |
Cash Conversion Cycle | 95 | 76 | 99 | 132 |
Working Capital Days | 35 | 71 | 91 | 114 |
ROCE % | 20% | 25% | 22% |
Documents
Announcements
- Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 21h
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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]