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 ₹ 1,263 Cr.
- Current Price ₹ 394
- High / Low ₹ 438 / 85.0
- Stock P/E 825
- Book Value ₹ 55.6
- Dividend Yield 0.00 %
- ROCE 2.02 %
- ROE 1.25 %
- Face Value ₹ 2.00
Pros
- Company is almost debt free.
Cons
- Stock is trading at 7.09 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: -9.80%
* 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: | 34% |
| 5 Years: | 52% |
| 3 Years: | 79% |
| 1 Year: | 340% |
| 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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In-Principle Approval Under Regulation 28(1) Of SEBI ( LODR) Regulations, 2015
- BSE and NSE granted in-principle approval for 15,01,434 preferential equity shares at ₹348+ each on 4 Aug 2026.
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Submission Of Voting Results Along With Scrutinizer Report
- Voting results released for EGM corrigendum held 23 July 2026; Item 1 passed with 99.98% support.
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Corrigendum To Extra-Ordinary General Meeting ("EGM") Notice, Dated 30.06.2026
- Corrigendum to EGM notice revises preferential issue use of ₹52.25 crore for subsidiary working capital and corporate purposes.
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Announcement under Regulation 30 (LODR)-Earnings Call Transcript
- Transcript for Investor Meet held on 28th July, 2026.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
- Investor meeting/earnings call held on 28 July 2026; no UPSI shared, recording available online.
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
from nse
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Financial Year 2013
from bse
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Financial Year 2012
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.