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 ₹ 1,349 Cr.
- Current Price ₹ 403
- High / Low ₹ 470 / 92.0
- Stock P/E 882
- 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 0.96% over last quarter.
Cons
- Stock is trading at 7.25 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 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: -8.61%
* 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 | 12.30 | 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: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | -33% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 35% |
| 5 Years: | 52% |
| 3 Years: | 81% |
| 1 Year: | 325% |
| 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/OP | -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
- Shareholder Meeting / Postal Ballot-Scrutinizer''s Report
- Shareholder Meeting / Postal Ballot-Outcome of AGM
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Announcement under Regulation 30 (LODR)-Credit Rating
- ICRA assigned [ICRA]A- watch developing to Bhagyanagar Copper’s Rs 654 crore bank facilities.
- Closure of Trading Window
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Fixation Of Record Date Under Regulation 42 Of SEBI (LODR) Regulations, 2015
- Composite scheme sanctioned; October 8, 2026 record date fixed for 1:1 share allotment in Tieramet.
Annual reports
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Annual Report 2026
from bse
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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
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 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.