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 ₹ 1,341 Cr.
- Current Price ₹ 400
- High / Low ₹ 438 / 85.0
- Stock P/E 21.3
- Book Value ₹ 80.5
- Dividend Yield 0.00 %
- ROCE 20.7 %
- ROE 21.6 %
- Face Value ₹ 2.00
Pros
- Company is expected to give good quarter
- Company has delivered good profit growth of 70.5% CAGR over last 5 years
- Promoter holding has increased by 0.96% over last quarter.
- Company's median sales growth is 15.5% of last 10 years
Cons
- Stock is trading at 4.90 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 12.0% over last 3 years.
- 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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 279 | 299 | 310 | 513 | 569 | 562 | 787 | 1,574 | 1,847 | 1,429 | 1,626 | 2,378 | 2,597 | |
| 269 | 290 | 295 | 500 | 550 | 547 | 769 | 1,543 | 1,812 | 1,399 | 1,589 | 2,272 | 2,469 | |
| Operating Profit | 10 | 9 | 14 | 13 | 19 | 15 | 19 | 30 | 35 | 30 | 37 | 106 | 128 |
| OPM % | 3.5% | 3.0% | 4.7% | 2.5% | 3.4% | 2.7% | 2.4% | 1.9% | 1.9% | 2.1% | 2.3% | 4.5% | 4.9% |
| 7 | 7 | 2 | 12 | 1 | 1 | 0 | 1 | 1 | 45 | 6 | 5 | 3 | |
| Interest | 8 | 8 | 6 | 4 | 8 | 10 | 8 | 12 | 15 | 13 | 17 | 36 | 39 |
| Depreciation | 6 | 6 | 5 | 4 | 4 | 5 | 6 | 6 | 6 | 7 | 7 | 7 | 8 |
| Profit before tax | 2 | 2 | 5 | 17 | 9 | 1 | 5 | 13 | 14 | 56 | 19 | 68 | 84 |
| Tax % | -20% | -14% | -3% | 24% | 26% | 12% | 33% | 17% | 30% | 18% | 25% | 26% | |
| 3 | 3 | 5 | 13 | 6 | 1 | 3 | 11 | 10 | 46 | 14 | 50 | 63 | |
| EPS in Rs | 0.54 | 0.39 | 1.68 | 3.97 | 1.98 | 0.33 | 1.09 | 3.46 | 3.17 | 14.29 | 4.38 | 15.68 | 19.64 |
| Dividend Payout % | 56% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 23% |
| 5 Years: | 25% |
| 3 Years: | 9% |
| TTM: | 49% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 37% |
| 5 Years: | 71% |
| 3 Years: | 71% |
| TTM: | 216% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 34% |
| 5 Years: | 51% |
| 3 Years: | 77% |
| 1 Year: | 318% |
| Return on Equity | |
|---|---|
| 10 Years: | 8% |
| 5 Years: | 11% |
| 3 Years: | 12% |
| Last Year: | 22% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| 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 | 13 | 13 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 |
| Reserves | 207 | 208 | 97 | 109 | 116 | 117 | 120 | 131 | 141 | 187 | 201 | 251 |
| 123 | 102 | 76 | 46 | 114 | 66 | 155 | 179 | 220 | 101 | 275 | 259 | |
| 8 | 13 | 14 | 5 | 6 | 14 | 21 | 35 | 56 | 39 | 38 | 118 | |
| Total Liabilities | 351 | 336 | 193 | 166 | 241 | 203 | 302 | 351 | 424 | 334 | 521 | 635 |
| 206 | 206 | 72 | 63 | 77 | 81 | 81 | 77 | 80 | 77 | 80 | 84 | |
| CWIP | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 29 | 26 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 115 | 104 | 121 | 103 | 164 | 122 | 221 | 275 | 344 | 256 | 440 | 551 | |
| Total Assets | 351 | 336 | 193 | 166 | 241 | 203 | 302 | 351 | 424 | 334 | 521 | 635 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -17 | 23 | -14 | 28 | -48 | 49 | -76 | -4 | -40 | 96 | -144 | 59 | |
| -2 | 3 | 28 | 31 | -17 | -13 | -2 | -1 | 3 | 39 | -10 | -5 | |
| 12 | -27 | -13 | -49 | 54 | -35 | 77 | 14 | 27 | -133 | 155 | -59 | |
| Net Cash Flow | -7 | -1 | 0 | 11 | -11 | 1 | -1 | 9 | -9 | 3 | 2 | -5 |
| Free Cash Flow | -21 | 20 | -15 | 34 | -66 | 34 | -81 | -5 | -49 | 135 | -150 | 50 |
| CFO/OP | -181% | 276% | -95% | 242% | -240% | 328% | -399% | 2% | -102% | 345% | -380% | 70% |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| 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 | 42 | 38 | 43 | 25 | 24 | 31 | 41 | 23 | 24 | 25 | 33 | 31 |
| Inventory Days | 67 | 50 | 73 | 34 | 70 | 42 | 43 | 26 | 31 | 39 | ||
| Days Payable | 2 | 10 | 3 | 2 | 3 | 8 | 8 | 6 | 8 | 5 | ||
| Cash Conversion Cycle | 106 | 78 | 113 | 56 | 92 | 65 | 76 | 42 | 46 | 25 | 33 | 65 |
| Working Capital Days | 53 | 47 | 59 | 36 | 31 | 37 | 34 | 22 | 24 | 44 | 47 | 34 |
| ROCE % | 3% | 3% | 6% | 7% | 8% | 5% | 6% | 8% | 9% | 8% | 8% | 21% |
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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| Operational Capacity MT |
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| Copper Sales Volume MT |
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| Value-Added Products Share % of revenue |
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| Number of Customers count |
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| Number of Manufacturing Plants count |
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Extracted by Screener AI
Documents
Announcements
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Board Meeting Outcome for Outcome Of Meeting Of Executive Committee Of The Board Of Bhagyanagar India Limited Held On 13.08.2026 - Preferential Allotment Of Equity Shares
- Allotted 15,01,434 equity shares at ₹348 each to 7 investors, raising ₹52.25 crore.
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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.
Annual reports
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Annual Report 2025
from bse
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Annual Report 2024
from bse
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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
from bse
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Annual Report 2018
from bse
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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
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Annual Report 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.