Bhagyanagar India Ltd
Incorporated in 1985, Bhagyanagar India Ltd. is engaged in manufacturing of copper and other copper products and alloys. The company is also in the business of wind power generation.
- Market Cap ₹ 1,415 Cr.
- Current Price ₹ 423
- High / Low ₹ 439 / 90.0
- Stock P/E 925
- Book Value ₹ 55.6
- Dividend Yield 0.00 %
- ROCE 2.02 %
- ROE 1.25 %
- Face Value ₹ 2.00
Pros
- Company is almost debt free.
- Promoter holding has increased by 0.96% over last quarter.
Cons
- Stock is trading at 7.61 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- The company has delivered a poor sales growth of -59.0% over past five years.
- Company has a low return on equity of 1.20% over last 3 years.
- Earnings include an other income of Rs.2.60 Cr.
- Debtor days have increased from 45.9 to 75.1 days.
- Promoter holding has decreased over last 3 years: -8.91%
* 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
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
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 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 261.87 | 295.59 | 292.77 | 446.87 | 569.24 | 504.15 | 505.62 | 1,090.73 | 1,387.01 | 724.70 | 5.24 | 5.88 | 5.58 | |
| 255.78 | 289.10 | 281.84 | 434.18 | 550.09 | 494.72 | 496.28 | 1,076.15 | 1,368.33 | 716.39 | 4.51 | 4.94 | 3.20 | |
| Operating Profit | 6.09 | 6.49 | 10.93 | 12.69 | 19.15 | 9.43 | 9.34 | 14.58 | 18.68 | 8.31 | 0.73 | 0.94 | 2.38 |
| OPM % | 2.33% | 2.20% | 3.73% | 2.84% | 3.36% | 1.87% | 1.85% | 1.34% | 1.35% | 1.15% | 13.93% | 15.99% | 42.65% |
| 9.60 | 8.67 | 3.61 | 11.53 | 0.96 | 2.47 | 2.58 | 2.66 | 1.71 | 47.04 | 3.91 | 4.99 | 2.60 | |
| Interest | 8.33 | 7.62 | 5.97 | 3.82 | 7.62 | 7.02 | 5.70 | 6.86 | 8.71 | 5.36 | 0.20 | 0.36 | 0.28 |
| Depreciation | 4.97 | 5.06 | 3.44 | 3.61 | 3.74 | 3.65 | 3.67 | 3.68 | 3.62 | 3.42 | 2.34 | 2.34 | 2.33 |
| Profit before tax | 2.39 | 2.48 | 5.13 | 16.79 | 8.75 | 1.23 | 2.55 | 6.70 | 8.06 | 46.57 | 2.10 | 3.23 | 2.37 |
| Tax % | 14.64% | 18.55% | 5.65% | 23.35% | 25.71% | 11.38% | 61.57% | 34.93% | 24.44% | 15.55% | 30.95% | 31.89% | |
| 2.05 | 2.02 | 4.85 | 12.86 | 6.50 | 1.10 | 0.97 | 4.37 | 6.10 | 39.34 | 1.46 | 2.21 | 1.53 | |
| EPS in Rs | 0.32 | 0.32 | 1.52 | 4.02 | 2.03 | 0.34 | 0.30 | 1.37 | 1.91 | 12.30 | 0.46 | 0.69 | 0.48 |
| Dividend Payout % | 93.66% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | -32% |
| 5 Years: | -59% |
| 3 Years: | -84% |
| TTM: | -2% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 3% |
| 5 Years: | 18% |
| 3 Years: | -29% |
| TTM: | -33% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 36% |
| 5 Years: | 52% |
| 3 Years: | 76% |
| 1 Year: | 353% |
| Return on Equity | |
|---|---|
| 10 Years: | 3% |
| 5 Years: | 2% |
| 3 Years: | 1% |
| Last Year: | 1% |
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 | 12.80 | 12.80 | 6.40 | 6.40 | 6.40 | 6.40 | 6.40 | 6.40 | 6.40 | 6.40 | 6.40 | 6.40 |
| Reserves | 195.95 | 199.28 | 96.45 | 109.32 | 115.82 | 116.92 | 117.89 | 122.26 | 128.36 | 167.70 | 169.16 | 171.36 |
| 117.21 | 95.67 | 73.74 | 45.64 | 103.58 | 38.36 | 101.61 | 100.82 | 117.10 | 6.96 | 0.77 | 0.75 | |
| 6.31 | 10.22 | 12.02 | 4.93 | 5.09 | 11.75 | 11.84 | 25.03 | 44.73 | 0.30 | 1.23 | 6.86 | |
| Total Liabilities | 332.27 | 317.97 | 188.61 | 166.29 | 230.89 | 173.43 | 237.74 | 254.51 | 296.59 | 181.36 | 177.56 | 185.37 |
| 79.22 | 78.14 | 49.46 | 49.02 | 47.23 | 44.72 | 41.68 | 38.12 | 35.96 | 25.24 | 22.71 | 20.17 | |
| CWIP | 0.92 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.14 | 0.00 | 0.00 | 0.00 |
| Investments | 27.08 | 26.11 | 1.40 | 14.72 | 20.02 | 20.02 | 20.02 | 20.02 | 20.02 | 36.46 | 36.56 | 36.55 |
| 225.05 | 213.72 | 137.75 | 102.55 | 163.64 | 108.69 | 176.04 | 196.37 | 240.47 | 119.66 | 118.29 | 128.65 | |
| Total Assets | 332.27 | 317.97 | 188.61 | 166.29 | 230.89 | 173.43 | 237.74 | 254.51 | 296.59 | 181.36 | 177.56 | 185.37 |
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -23.07 | 20.37 | -16.39 | 28.66 | -41.93 | 60.29 | -44.52 | -14.87 | -17.40 | 179.52 | 5.48 | 7.79 | |
| 4.59 | 6.78 | 28.08 | 17.52 | -14.77 | -4.11 | -13.75 | 21.26 | 9.31 | -63.71 | 2.51 | -10.12 | |
| 11.94 | -27.90 | -11.39 | -35.65 | 46.01 | -55.43 | 57.32 | -6.61 | 8.10 | -114.79 | -9.05 | 2.33 | |
| Net Cash Flow | -6.54 | -0.75 | 0.30 | 10.53 | -10.70 | 0.75 | -0.95 | -0.23 | 0.01 | 1.03 | -1.05 | -0.01 |
| Free Cash Flow | -24.64 | 18.09 | -17.20 | 34.75 | -43.69 | 59.37 | -45.16 | -14.48 | -18.99 | 229.58 | 7.07 | 9.09 |
| CFO/OP | -387% | 334% | -144% | 248% | -209% | 645% | -472% | -79% | -76% | 2,248% | 619% | 927% |
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 | 41.94 | 36.22 | 41.24 | 28.25 | 24.25 | 30.29 | 41.23 | 24.59 | 27.12 | 0.65 | 61.99 | 75.11 |
| Inventory Days | 70.39 | 49.81 | 73.38 | 33.57 | 68.78 | 34.55 | 55.38 | 0.00 | ||||
| Days Payable | 1.30 | 9.46 | 2.30 | 2.03 | 2.57 | 6.52 | 6.34 | |||||
| Cash Conversion Cycle | 111.03 | 76.57 | 112.32 | 59.79 | 90.46 | 58.32 | 90.28 | 24.59 | 27.12 | 0.65 | 61.99 | 75.11 |
| Working Capital Days | 54.15 | 45.73 | 59.28 | 41.08 | 26.60 | 28.64 | 25.51 | 26.45 | 24.48 | -1.13 | 261.91 | -266.92 |
| ROCE % | 3.35% | 3.04% | 5.70% | 6.73% | 8.33% | 4.14% | 4.26% | 5.77% | 6.96% | 4.30% | 0.51% | 2.02% |
Insights
In beta| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Export Revenue Share % of revenue |
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Extracted by Screener AI
Documents
Announcements
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Receipt Of Trading Approval For 15,01,434 Equity Shares Of Face Value Rs. 2/- Each
- NSE and BSE approved listing of 15,01,434 preferential shares, trading from 15 September 2026.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
- Intimation of Newspaper Advertisement - Special Window for Transfer and Dematerialisation of Physical Securities.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
- Submission of copies of Newspaper Advertisement regarding the Notice of 41st Annual General Meeting (AGM), Book Closure and E-Voting Information.
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Announcement under Regulation 30 (LODR)-Scheme of Arrangement
- NCLT Hyderabad approved Bhagyanagar India’s composite scheme on 7 Sept 2026, including amalgamation and demerger.
- Reg. 34 (1) Annual Report.
Annual reports
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Annual Report 2026
from bse
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Annual Report 2025
from bse
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Annual Report 2024
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Annual Report 2023
from bse
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Annual Report 2022
from bse
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Annual Report 2021
from bse
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Annual Report 2020
from bse
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Annual Report 2019
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Annual Report 2018
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Annual Report 2017
from bse
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Annual Report 2016
from bse
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Annual Report 2015
from bse
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Annual Report 2014
from bse
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Annual Report 2013
from nse
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Annual Report 2013
from bse
Concalls
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Jul 2026Transcript PPT
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Jun 2026Transcript PPT REC
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Apr 2026TranscriptAI SummaryPPT
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Feb 2026Transcript PPT
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Nov 2025TranscriptPPTREC
Business Overview:[1]
Company deals in Copper products and has been a partner to its clients who are primarily Original Equipment Manufacturer (OEM). Company has diversified into Telecom products, Solar products and Real Estate and has forayed into the non conventional energy sector with a wind power project.