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 ₹ 225 Cr.
- Current Price ₹ 67.1
- High / Low ₹ 67.1 / 11.1
- Stock P/E 147
- Book Value ₹ 55.6
- Dividend Yield 0.00 %
- ROCE 0.61 %
- ROE -0.64 %
- Face Value ₹ 2.00
Pros
- Company is almost debt free.
- Promoter holding has increased by 1.02% over last quarter.
Cons
- 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 0.36% over last 3 years.
- Contingent liabilities of Rs.435 Cr.
- 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: -8.48%
* 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.
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 | 12.29 | 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: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | -33% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 41% |
| 5 Years: | 70% |
| 3 Years: | 116% |
| 1 Year: | 599% |
| Return on Equity | |
|---|---|
| 10 Years: | 2% |
| 5 Years: | 2% |
| 3 Years: | 0% |
| 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 | 6.87 | |
| Total Liabilities | 332.27 | 317.97 | 188.61 | 166.29 | 230.89 | 173.43 | 237.74 | 254.51 | 296.59 | 181.36 | 177.56 | 185.38 |
| 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 | 128.66 | |
| Total Assets | 332.27 | 317.97 | 188.61 | 166.29 | 230.89 | 173.43 | 237.74 | 254.51 | 296.59 | 181.36 | 177.56 | 185.38 |
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/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit | -387% | 334% | -144% | 248% | -209% | 645% | -472% | -79% | -76% | 2,248% | 619% | 927% |
Ratios
Standalone / 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 | -271.89 |
| ROCE % | 3.35% | 3.04% | 5.70% | 6.73% | 8.33% | 4.14% | 4.26% | 5.77% | 6.96% | 4.30% | 0.51% | 0.61% |
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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Announcement under Regulation 30 (LODR)-Newspaper Publication
- Newspaper Advertisement regarding Special Window for Transfer and Dematerialisation of Physical Securities
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General Updates
- Tieramet Limited approved draft memorandum for Rule 19(2)(b) relaxation application on 14 October 2026.
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Board Meeting Outcome for Outcome Of The Board Meeting: Execution Of Memorandum Of Understanding With M/S. Om Sree Builders And Developers LLP For The Sale Of The Company''s Land At IDA Uppal, Hyderabad
- Board approved MOU with Om Sree Builders: 7,260 sq. yds sold for Rs.60 crore; remaining land under joint development.
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Update - Allotment Of Equity Shares By Tieramet Limited (The 'Resulting Company') To The Shareholders Of Bhagyanagar India Limited (The 'Company') Pursuant To The Composite Scheme Of Arrangement.
- Tieramet allotted 3,34,96,434 shares to Bhagyanagar shareholders after NCLT-approved copper business demerger.
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
- Submitted Regulation 74(5) certificates for quarter ended 30 September 2026.
Annual reports
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Annual Report 2026
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Annual Report 2025
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Annual Report 2024
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Annual Report 2023
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Annual Report 2022
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Annual Report 2021
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Annual Report 2020
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Annual Report 2019
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Annual Report 2018
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Annual Report 2017
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Annual Report 2016
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Annual Report 2015
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Annual Report 2014
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Annual Report 2013
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Annual Report 2013
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Concalls
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Jul 2026Transcript PPT
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Jun 2026Transcript PPT REC
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Apr 2026PPT
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Feb 2026Transcript PPT
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Nov 2025Transcript REC
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.