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 ₹ 1,190 Cr.
- Current Price ₹ 372
- High / Low ₹ 438 / 77.3
- Stock P/E 23.7
- 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
- Company's median sales growth is 15.5% of last 10 years
Cons
- Stock is trading at 4.61 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: -9.82%
* 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 279 | 299 | 310 | 513 | 569 | 562 | 787 | 1,574 | 1,847 | 1,429 | 1,626 | 2,378 | |
| 269 | 290 | 295 | 500 | 550 | 547 | 769 | 1,543 | 1,812 | 1,399 | 1,589 | 2,272 | |
| Operating Profit | 10 | 9 | 14 | 13 | 19 | 15 | 19 | 30 | 35 | 30 | 37 | 106 |
| OPM % | 3% | 3% | 5% | 2% | 3% | 3% | 2% | 2% | 2% | 2% | 2% | 4% |
| 7 | 7 | 2 | 12 | 1 | 1 | 0 | 1 | 1 | 45 | 6 | 5 | |
| Interest | 8 | 8 | 6 | 4 | 8 | 10 | 8 | 12 | 15 | 13 | 17 | 36 |
| Depreciation | 6 | 6 | 5 | 4 | 4 | 5 | 6 | 6 | 6 | 7 | 7 | 7 |
| Profit before tax | 2 | 2 | 5 | 17 | 9 | 1 | 5 | 13 | 14 | 56 | 19 | 68 |
| 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 | |
| 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 |
| 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: | 46% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 37% |
| 5 Years: | 71% |
| 3 Years: | 71% |
| TTM: | 339% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 33% |
| 5 Years: | 50% |
| 3 Years: | 88% |
| 1 Year: | 370% |
| 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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| Number of Sourcing Countries count |
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Extracted by Screener AI
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Newspaper Publication
1d - Newspaper Publication regarding the notice of 01/2026-27 Extraordinary general meeting and E-voting
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Announcement under Regulation 30 (LODR)-Newspaper Publication
2d - Newspaper Advertisement regarding the Notice of 01/2026-27 Extraordinary General Meeting to be held on 23rd July, 2026.
- Notice Of 01/2026-27 Extra Ordinary General Meeting Scheduled To Be Held On Thursday, 23 July 2026, Through Video Conferencing (VC) / Other Audio-Visual Means (CAVM). 2d
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Board Meeting Outcome for Outcome Of Board Meeting - Approved Raising Of Funds Through Issuance Of Equity Shares On Preferential Basis Through Private Placement
30 Jun - Board approved preferential issue of 15,01,434 shares at Rs 348, raising up to Rs 52.25 crore; EGM July 23, 2026.
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Board Meeting Intimation for The Proposal For Raising On Funds
24 Jun - Board meeting on 30 June 2026 to consider fund raising via equity, warrants or convertible securities.
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
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Financial Year 2013
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Financial Year 2012
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Concalls
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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.