Bhagyanagar India Ltd.
•₹ 394.52.73%
2026-08-21
PROS
- Company has delivered good profit growth of 68.3% CAGR over last 5 years
- Latest quarter profit grew 167.4% YoY, showing strong momentum
- Company has delivered good sales growth of 23.7% CAGR over last 5 years
- Company has consistently been profitable over the last 5 years
- Company converts assets efficiently - asset turnover of 3.7x
CONS
- Operating cash flow has been negative in recent years
- Receivables are growing faster than sales - a possible quality concern
- A large part of profit comes from other income (30.3% of PBT)
- Promoter holding has decreased over last 2 years: -6.7pp
- Poor cash conversion - profits are not backed by operating cash flow (CFO/PAT -1.24x)
* The pros and cons are machine generated based on quantitative rules.
Peer comparison
EDIT COLUMNS| S.No. | Name | CMP Rs. | P/E | Mar Cap Rs.Cr. | Div Yld % | NP Qtr Rs.Cr. | Qtr Profit Var % | Sales Qtr Rs.Cr. | Qtr Sales Var % | ROCE % | OPM % |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | HINDZINC | 554.00 | 13.72 | 234082.67 | 1.81 | 5469.00 | 144.81 | 13747.00 | 81.10 | 69.83 | 58.56 |
| 2. | HINDALCO | 1035.75 | 14.19 | 232756.49 | 0.48 | 7013.00 | 75.15 | 84825.00 | 32.06 | 10.45 | 16.43 |
| 3. | VEDL | 262.25 | 5.21 | 102549.93 | 12.96 | 7918.00 | 77.65 | 24205.00 | -35.34 | 18.72 | 35.12 |
| 4. | HINDCOPPER | 554.90 | 47.21 | 53660.16 | 0.52 | 352.37 | 162.47 | 936.50 | 81.36 | 24.00 | 54.17 |
| 5. | VOGL | 36.67 | 0.00 | 14112.59 | 0.00 | 9450.00 | — | 25070.00 | — | 0.00 | 32.47 |
| 6. | GRAVITA | 1793.00 | 33.77 | 13233.86 | 0.00 | 106.37 | 14.30 | 1475.06 | 41.84 | 21.95 | 7.44 |
| 7. | JAINREC | 288.80 | 27.61 | 9966.08 | 0.00 | 69.41 | 22.79 | 2724.46 | 75.86 | 25.74 | 3.97 |
| 8. | CMRGREEN | 213.10 | 21.98 | 4668.07 | 0.00 | 68.18 | — | 3122.73 | 91.98 | 13.41 | 4.33 |
| 9. | POCL | 500.15 | 26.76 | 3815.05 | 0.40 | 358.80 | 42.58 | 9348.90 | 55.08 | 15.68 | 5.97 |
| 10. | ARDEE | 63.40 | 0.00 | 1998.37 | 0.00 | — | — | — | — | 49.04 | — |
| 11. | BHAGYANGR | 382.60 | 20.39 | 1281.57 | 0.00 | 20.24 | 167.37 | 705.08 | 45.20 | 9.17 | 5.43 |
| 12. | ONIXSOLAR | 338.85 | 0.00 | 1249.27 | 0.00 | 208.97 | — | 945.10 | — | 32.85 | 29.74 |
Detailed Comparison with:
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 346 | 339 | 335 | 409 | 369 | 408 | 394 | 454 | 486 | 580 | 577 | 735 | 705 | |
| 340 | 332 | 326 | 401 | 362 | 400 | 384 | 443 | 469 | 555 | 549 | 698 | 679 | |
| Operating Profit | — | — | — | — | — | — | — | — | — | — | — | — | — |
| OPM % | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Income | 43 | 1 | 0 | 1 | 1 | 3 | 1 | 2 | 3 | 1 | 1 | 1 | 1 |
| Interest | 3 | 3 | 4 | 3 | 3 | 4 | 5 | 5 | 7 | 9 | 10 | 10 | 10 |
| Depreciation | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 |
| 44 | 3 | 4 | 5 | 2 | 5 | 5 | 6 | 10 | 15 | 18 | 24 | 27 | |
| Tax % | 14.10% | 23.55% | 21.81% | 49.38% | 27.73% | 23.41% | 26.02% | 24.17% | 25.05% | 25.61% | 27.70% | 24.53% | 25.30% |
| Net Profit | 0 | 0 | 0 | 0 | 2 | 4 | 4 | 5 | 8 | 11 | 13 | 18 | 20 |
| 12 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 4 | 4 | 6 | 1 | |
| Equity Capital | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Equity Capital | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Jun 2023
- 346
- 340
- Operating Profit
- —
- OPM %
- —
- Other Income
- 43
- Interest
- 3
- Depreciation
- 1
- 44
- Tax %
- 14.10%
- Net Profit
- 0
- 12
- Equity Capital
- 6
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 6
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2023
- 339
- 332
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 3
- Depreciation
- 1
- 3
- Tax %
- 23.55%
- Net Profit
- 0
- 1
- Equity Capital
- 6
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 6
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2023
- 335
- 326
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 4
- Depreciation
- 2
- 4
- Tax %
- 21.81%
- Net Profit
- 0
- 1
- Equity Capital
- 6
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 6
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2024
- 409
- 401
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 3
- Depreciation
- 2
- 5
- Tax %
- 49.38%
- Net Profit
- 0
- 1
- Equity Capital
- 6
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 6
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2024
- 369
- 362
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 3
- Depreciation
- 2
- 2
- Tax %
- 27.73%
- Net Profit
- 2
- 1
- Equity Capital
- 6
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 6
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2024
- 408
- 400
- Operating Profit
- —
- OPM %
- —
- Other Income
- 3
- Interest
- 4
- Depreciation
- 2
- 5
- Tax %
- 23.41%
- Net Profit
- 4
- 1
- Equity Capital
- 6
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 6
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2024
- 394
- 384
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 5
- Depreciation
- 2
- 5
- Tax %
- 26.02%
- Net Profit
- 4
- 1
- Equity Capital
- 6
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 6
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2025
- 454
- 443
- Operating Profit
- —
- OPM %
- —
- Other Income
- 2
- Interest
- 5
- Depreciation
- 2
- 6
- Tax %
- 24.17%
- Net Profit
- 5
- 1
- Equity Capital
- 6
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 6
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2025
- 486
- 469
- Operating Profit
- —
- OPM %
- —
- Other Income
- 3
- Interest
- 7
- Depreciation
- 2
- 10
- Tax %
- 25.05%
- Net Profit
- 8
- 2
- Equity Capital
- 6
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 6
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2025
- 580
- 555
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 9
- Depreciation
- 2
- 15
- Tax %
- 25.61%
- Net Profit
- 11
- 4
- Equity Capital
- 6
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 6
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2025
- 577
- 549
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 10
- Depreciation
- 2
- 18
- Tax %
- 27.70%
- Net Profit
- 13
- 4
- Equity Capital
- 6
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 6
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2026
- 735
- 698
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 10
- Depreciation
- 2
- 24
- Tax %
- 24.53%
- Net Profit
- 18
- 6
- Equity Capital
- 6
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 6
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2026
- 705
- 679
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 10
- Depreciation
- 2
- 27
- Tax %
- 25.30%
- Net Profit
- 20
- 1
- Equity Capital
- 6
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 6
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 299 | 310 | 513 | 569 | 562 | 787 | 1,574 | 1,847 | 1,429 | 1,626 | 2,597 | |
| 290 | 296 | 500 | 550 | 547 | 769 | 1,543 | 1,812 | 1,399 | 1,589 | 2,481 | |
| Operating Profit | 18 | 20 | 24 | 20 | 16 | 19 | 31 | 36 | 76 | 43 | — |
| OPM % | 6 | 7 | 5 | 4 | 3 | 2 | 2 | 2 | 5 | 3 | — |
| Other Income | 10 | 7 | 12 | 1 | 1 | 0 | 1 | 1 | 45 | 6 | 3 |
| Interest | 8 | 6 | 4 | 8 | 10 | 8 | 12 | 15 | 13 | 17 | 39 |
| Depreciation | 6 | 5 | 4 | 4 | 5 | 6 | 6 | 6 | 7 | 7 | 8 |
| 2 | 5 | 17 | 9 | 1 | 5 | 13 | 14 | 56 | 19 | 85 | |
| Tax % | -15 | -4 | 24 | 26 | 12 | 33 | 17 | 30 | 18 | 25 | 26 |
| Net Profit | 3 | 5 | 13 | 6 | 1 | 3 | 11 | 10 | 46 | 14 | 63 |
| EPS | 0 | 0 | 0 | 0 | 0 | 1 | 3 | 3 | 14 | 4 | — |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — |
| Minority Interest | -0 | -0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 0 | 2 | 4 | 2 | 0 | 1 | 3 | 3 | 14 | 4 | — |
| Minority Interest | -0 | -0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 0 | 2 | 4 | 2 | 0 | 1 | 3 | 3 | 14 | 4 | — |
Mar 2016
- 299
- 290
- Operating Profit
- 18
- OPM %
- 6
- Other Income
- 10
- Interest
- 8
- Depreciation
- 6
- 2
- Tax %
- -15
- Net Profit
- 3
- EPS
- 0
- Dividend Payout %
- 0
- Minority Interest
- -0
- Share of Associates
- 0
- Adjusted EPS
- 0
- Minority Interest
- -0
- Share of Associates
- 0
- Adjusted EPS
- 0
Mar 2017
- 310
- 296
- Operating Profit
- 20
- OPM %
- 7
- Other Income
- 7
- Interest
- 6
- Depreciation
- 5
- 5
- Tax %
- -4
- Net Profit
- 5
- EPS
- 0
- Dividend Payout %
- 0
- Minority Interest
- -0
- Share of Associates
- 0
- Adjusted EPS
- 2
- Minority Interest
- -0
- Share of Associates
- 0
- Adjusted EPS
- 2
Mar 2018
- 513
- 500
- Operating Profit
- 24
- OPM %
- 5
- Other Income
- 12
- Interest
- 4
- Depreciation
- 4
- 17
- Tax %
- 24
- Net Profit
- 13
- EPS
- 0
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 4
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 4
Mar 2019
- 569
- 550
- Operating Profit
- 20
- OPM %
- 4
- Other Income
- 1
- Interest
- 8
- Depreciation
- 4
- 9
- Tax %
- 26
- Net Profit
- 6
- EPS
- 0
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 2
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 2
Mar 2020
- 562
- 547
- Operating Profit
- 16
- OPM %
- 3
- Other Income
- 1
- Interest
- 10
- Depreciation
- 5
- 1
- Tax %
- 12
- Net Profit
- 1
- EPS
- 0
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
Mar 2021
- 787
- 769
- Operating Profit
- 19
- OPM %
- 2
- Other Income
- 0
- Interest
- 8
- Depreciation
- 6
- 5
- Tax %
- 33
- Net Profit
- 3
- EPS
- 1
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
Mar 2022
- 1,574
- 1,543
- Operating Profit
- 31
- OPM %
- 2
- Other Income
- 1
- Interest
- 12
- Depreciation
- 6
- 13
- Tax %
- 17
- Net Profit
- 11
- EPS
- 3
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 3
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 3
Mar 2023
- 1,847
- 1,812
- Operating Profit
- 36
- OPM %
- 2
- Other Income
- 1
- Interest
- 15
- Depreciation
- 6
- 14
- Tax %
- 30
- Net Profit
- 10
- EPS
- 3
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 3
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 3
Mar 2024
- 1,429
- 1,399
- Operating Profit
- 76
- OPM %
- 5
- Other Income
- 45
- Interest
- 13
- Depreciation
- 7
- 56
- Tax %
- 18
- Net Profit
- 46
- EPS
- 14
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 14
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 14
Mar 2025
- 1,626
- 1,589
- Operating Profit
- 43
- OPM %
- 3
- Other Income
- 6
- Interest
- 17
- Depreciation
- 7
- 19
- Tax %
- 25
- Net Profit
- 14
- EPS
- 4
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 4
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 4
TTM
- 2,597
- 2,481
- Operating Profit
- —
- OPM %
- —
- Other Income
- 3
- Interest
- 39
- Depreciation
- 8
- 85
- Tax %
- 26
- Net Profit
- 63
- EPS
- —
- Dividend Payout %
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
COMPOUNDED SALES GROWTH
- 10 Years:
- 19%
- 5 Years:
- 24%
- 3 Years:
- 1%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- 15%
- 5 Years:
- 68%
- 3 Years:
- 8%
STOCK PRICE CAGR
- 10 Years:
- —
- 5 Years:
- 51%
- 3 Years:
- 77%
- 1 Year:
- 311%
RETURN ON EQUITY
- 10 Years:
- 7%
- 5 Years:
- 10%
- 3 Years:
- 14%
- Last Year:
- 7%
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| LIABILITIES | - | - | - | - | - | - | - | - | - | - |
| Equity Capital | 13 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 |
| 208 | 97 | 109 | 116 | 117 | 120 | 131 | 141 | 187 | 201 | |
| 30 | 47 | 30 | 104 | 40 | 122 | 132 | 162 | 45 | 192 | |
| Trade Payables | 7 | 2 | 2 | 4 | 10 | 16 | 26 | 39 | 21 | 17 |
| 76 | 38 | 22 | 17 | 29 | 38 | 60 | 79 | 83 | 109 | |
| Total Liabilities | 334 | 190 | 170 | 247 | 202 | 303 | 355 | 427 | 342 | 525 |
| ASSETS | - | - | - | - | - | - | - | - | - | - |
| 206 | 72 | 63 | 77 | 81 | 81 | 77 | 80 | 77 | 80 | |
| Capital Work in Progress | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 26 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| 33 | 51 | 37 | 98 | 57 | 86 | 105 | 145 | 83 | 157 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 98 | 146 | |
| Cash & Bank | 3 | 5 | 15 | 4 | 4 | 4 | 12 | 1 | 4 | 8 |
| 65 | 62 | 54 | 67 | 60 | 133 | 162 | 201 | 80 | 133 | |
| Total Assets | 334 | 190 | 170 | 247 | 202 | 303 | 355 | 427 | 342 | 525 |
| Total Debt | 102 | 76 | 46 | 114 | 66 | 155 | 179 | 220 | 101 | 275 |
| Net Working Capital | 42 | 56 | 66 | 52 | 60 | 78 | 107 | 125 | 174 | 219 |
| Contingent Liabilities | 7 | 1 | 4 | 2 | 18 | 41 | 77 | 108 | 2 | 2 |
| Book Value per Share | 34.56 | 32.37 | 36.12 | 38.10 | 38.43 | 39.52 | 42.98 | 46.15 | 60.44 | 64.82 |
| Face Value | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 |
| Total Debt | 102 | 76 | 46 | 114 | 66 | 155 | 179 | 220 | 101 | 275 |
| Net Working Capital | 42 | 56 | 66 | 52 | 60 | 78 | 107 | 125 | 174 | 219 |
| Contingent Liabilities | 7 | 1 | 4 | 2 | 18 | 41 | 77 | 108 | 2 | 2 |
| Book Value per Share | 34.56 | 32.37 | 36.12 | 38.10 | 38.43 | 39.52 | 42.98 | 46.15 | 60.44 | 64.82 |
| Face Value | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 |
Mar 2016
- Equity Capital
- 13
- 208
- 30
- Trade Payables
- 7
- 76
- Total Liabilities
- 334
- 206
- Capital Work in Progress
- 1
- 26
- 33
- 0
- Cash & Bank
- 3
- 65
- Total Assets
- 334
- Total Debt
- 102
- Net Working Capital
- 42
- Contingent Liabilities
- 7
- Book Value per Share
- 34.56
- Face Value
- 2.00
- Total Debt
- 102
- Net Working Capital
- 42
- Contingent Liabilities
- 7
- Book Value per Share
- 34.56
- Face Value
- 2.00
Mar 2017
- Equity Capital
- 6
- 97
- 47
- Trade Payables
- 2
- 38
- Total Liabilities
- 190
- 72
- Capital Work in Progress
- 0
- 0
- 51
- 0
- Cash & Bank
- 5
- 62
- Total Assets
- 190
- Total Debt
- 76
- Net Working Capital
- 56
- Contingent Liabilities
- 1
- Book Value per Share
- 32.37
- Face Value
- 2.00
- Total Debt
- 76
- Net Working Capital
- 56
- Contingent Liabilities
- 1
- Book Value per Share
- 32.37
- Face Value
- 2.00
Mar 2018
- Equity Capital
- 6
- 109
- 30
- Trade Payables
- 2
- 22
- Total Liabilities
- 170
- 63
- Capital Work in Progress
- 0
- 0
- 37
- 0
- Cash & Bank
- 15
- 54
- Total Assets
- 170
- Total Debt
- 46
- Net Working Capital
- 66
- Contingent Liabilities
- 4
- Book Value per Share
- 36.12
- Face Value
- 2.00
- Total Debt
- 46
- Net Working Capital
- 66
- Contingent Liabilities
- 4
- Book Value per Share
- 36.12
- Face Value
- 2.00
Mar 2019
- Equity Capital
- 6
- 116
- 104
- Trade Payables
- 4
- 17
- Total Liabilities
- 247
- 77
- Capital Work in Progress
- 0
- 0
- 98
- 0
- Cash & Bank
- 4
- 67
- Total Assets
- 247
- Total Debt
- 114
- Net Working Capital
- 52
- Contingent Liabilities
- 2
- Book Value per Share
- 38.10
- Face Value
- 2.00
- Total Debt
- 114
- Net Working Capital
- 52
- Contingent Liabilities
- 2
- Book Value per Share
- 38.10
- Face Value
- 2.00
Mar 2020
- Equity Capital
- 6
- 117
- 40
- Trade Payables
- 10
- 29
- Total Liabilities
- 202
- 81
- Capital Work in Progress
- 0
- 0
- 57
- 0
- Cash & Bank
- 4
- 60
- Total Assets
- 202
- Total Debt
- 66
- Net Working Capital
- 60
- Contingent Liabilities
- 18
- Book Value per Share
- 38.43
- Face Value
- 2.00
- Total Debt
- 66
- Net Working Capital
- 60
- Contingent Liabilities
- 18
- Book Value per Share
- 38.43
- Face Value
- 2.00
Mar 2021
- Equity Capital
- 6
- 120
- 122
- Trade Payables
- 16
- 38
- Total Liabilities
- 303
- 81
- Capital Work in Progress
- 0
- 0
- 86
- 0
- Cash & Bank
- 4
- 133
- Total Assets
- 303
- Total Debt
- 155
- Net Working Capital
- 78
- Contingent Liabilities
- 41
- Book Value per Share
- 39.52
- Face Value
- 2.00
- Total Debt
- 155
- Net Working Capital
- 78
- Contingent Liabilities
- 41
- Book Value per Share
- 39.52
- Face Value
- 2.00
Mar 2022
- Equity Capital
- 6
- 131
- 132
- Trade Payables
- 26
- 60
- Total Liabilities
- 355
- 77
- Capital Work in Progress
- 0
- 0
- 105
- 0
- Cash & Bank
- 12
- 162
- Total Assets
- 355
- Total Debt
- 179
- Net Working Capital
- 107
- Contingent Liabilities
- 77
- Book Value per Share
- 42.98
- Face Value
- 2.00
- Total Debt
- 179
- Net Working Capital
- 107
- Contingent Liabilities
- 77
- Book Value per Share
- 42.98
- Face Value
- 2.00
Mar 2023
- Equity Capital
- 6
- 141
- 162
- Trade Payables
- 39
- 79
- Total Liabilities
- 427
- 80
- Capital Work in Progress
- 0
- 0
- 145
- 0
- Cash & Bank
- 1
- 201
- Total Assets
- 427
- Total Debt
- 220
- Net Working Capital
- 125
- Contingent Liabilities
- 108
- Book Value per Share
- 46.15
- Face Value
- 2.00
- Total Debt
- 220
- Net Working Capital
- 125
- Contingent Liabilities
- 108
- Book Value per Share
- 46.15
- Face Value
- 2.00
Mar 2024
- Equity Capital
- 6
- 187
- 45
- Trade Payables
- 21
- 83
- Total Liabilities
- 342
- 77
- Capital Work in Progress
- 0
- 0
- 83
- 98
- Cash & Bank
- 4
- 80
- Total Assets
- 342
- Total Debt
- 101
- Net Working Capital
- 174
- Contingent Liabilities
- 2
- Book Value per Share
- 60.44
- Face Value
- 2.00
- Total Debt
- 101
- Net Working Capital
- 174
- Contingent Liabilities
- 2
- Book Value per Share
- 60.44
- Face Value
- 2.00
Mar 2025
- Equity Capital
- 6
- 201
- 192
- Trade Payables
- 17
- 109
- Total Liabilities
- 525
- 80
- Capital Work in Progress
- 0
- 0
- 157
- 146
- Cash & Bank
- 8
- 133
- Total Assets
- 525
- Total Debt
- 275
- Net Working Capital
- 219
- Contingent Liabilities
- 2
- Book Value per Share
- 64.82
- Face Value
- 2.00
- Total Debt
- 275
- Net Working Capital
- 219
- Contingent Liabilities
- 2
- Book Value per Share
- 64.82
- Face Value
- 2.00
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 23 | -14 | 28 | -48 | 49 | -76 | -4 | -40 | 96 | -144 | |
| Cash from Investing | 3 | 28 | 31 | -17 | -13 | -2 | -1 | 3 | 39 | -10 |
| Cash from Financing | -27 | -13 | -49 | 54 | -35 | 77 | 14 | 27 | -133 | 155 |
| -1 | 0 | 11 | -11 | 1 | -1 | 9 | -9 | 3 | 2 | |
| Free Cash Flow | 19 | -14 | 28 | -66 | 39 | -81 | -6 | -48 | 92 | -154 |
| OCF / Net Profit | 9.13 | -2.68 | 2.20 | -7.59 | 46.84 | -21.75 | -0.39 | -3.90 | 2.10 | -10.24 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 6 | -93 | -85 | -161 | -3 | -196 |
| OCF / Net Profit | 9.13 | -2.68 | 2.20 | -7.59 | 46.84 | -21.75 | -0.39 | -3.90 | 2.10 | -10.24 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 6 | -93 | -85 | -161 | -3 | -196 |
Mar 2016
- 23
- Cash from Investing
- 3
- Cash from Financing
- -27
- -1
- Free Cash Flow
- 19
- OCF / Net Profit
- 9.13
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 9.13
- Cumulative 5-Year FCF
- 0
Mar 2017
- -14
- Cash from Investing
- 28
- Cash from Financing
- -13
- 0
- Free Cash Flow
- -14
- OCF / Net Profit
- -2.68
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -2.68
- Cumulative 5-Year FCF
- 0
Mar 2018
- 28
- Cash from Investing
- 31
- Cash from Financing
- -49
- 11
- Free Cash Flow
- 28
- OCF / Net Profit
- 2.20
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 2.20
- Cumulative 5-Year FCF
- 0
Mar 2019
- -48
- Cash from Investing
- -17
- Cash from Financing
- 54
- -11
- Free Cash Flow
- -66
- OCF / Net Profit
- -7.59
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -7.59
- Cumulative 5-Year FCF
- 0
Mar 2020
- 49
- Cash from Investing
- -13
- Cash from Financing
- -35
- 1
- Free Cash Flow
- 39
- OCF / Net Profit
- 46.84
- Cumulative 5-Year FCF
- 6
- OCF / Net Profit
- 46.84
- Cumulative 5-Year FCF
- 6
Mar 2021
- -76
- Cash from Investing
- -2
- Cash from Financing
- 77
- -1
- Free Cash Flow
- -81
- OCF / Net Profit
- -21.75
- Cumulative 5-Year FCF
- -93
- OCF / Net Profit
- -21.75
- Cumulative 5-Year FCF
- -93
Mar 2022
- -4
- Cash from Investing
- -1
- Cash from Financing
- 14
- 9
- Free Cash Flow
- -6
- OCF / Net Profit
- -0.39
- Cumulative 5-Year FCF
- -85
- OCF / Net Profit
- -0.39
- Cumulative 5-Year FCF
- -85
Mar 2023
- -40
- Cash from Investing
- 3
- Cash from Financing
- 27
- -9
- Free Cash Flow
- -48
- OCF / Net Profit
- -3.90
- Cumulative 5-Year FCF
- -161
- OCF / Net Profit
- -3.90
- Cumulative 5-Year FCF
- -161
Mar 2024
- 96
- Cash from Investing
- 39
- Cash from Financing
- -133
- 3
- Free Cash Flow
- 92
- OCF / Net Profit
- 2.10
- Cumulative 5-Year FCF
- -3
- OCF / Net Profit
- 2.10
- Cumulative 5-Year FCF
- -3
Mar 2025
- -144
- Cash from Investing
- -10
- Cash from Financing
- 155
- 2
- Free Cash Flow
- -154
- OCF / Net Profit
- -10.24
- Cumulative 5-Year FCF
- -196
- OCF / Net Profit
- -10.24
- Cumulative 5-Year FCF
- -196
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| PER SHARE | - | - | - | - | - | - | - | - | - | - |
| EPS (₹) | 0.39 | 1.62 | 3.97 | 1.98 | 0.32 | 1.09 | 3.46 | 3.17 | 14.29 | 4.38 |
| Book Value (₹) | 34.56 | 32.37 | 36.12 | 38.10 | 38.43 | 39.52 | 42.98 | 46.15 | 60.44 | 64.82 |
| Dividend per Share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash EPS (₹) | 1.39 | 3.13 | 5.13 | 3.20 | 1.94 | 2.82 | 5.25 | 5.02 | 16.36 | 6.59 |
| PROFITABILITY | - | - | - | - | - | - | - | - | - | - |
| Operating Margin % | 2.67% | 3.91% | 4.45% | 2.56% | 2.20% | 2.06% | 1.71% | 1.93% | 2.13% | 2.28% |
| Net Margin % | 0.77% | 1.58% | 2.34% | 0.81% | 0.14% | 0.38% | 0.61% | 0.55% | 3.20% | 0.86% |
| ROE % | 1.15% | 3.30% | 11.60% | 5.34% | 0.85% | 2.79% | 8.40% | 7.11% | 26.82% | 7.00% |
| ROCE % | 2.96% | 4.50% | 12.00% | 8.20% | 5.05% | 5.76% | 8.45% | 8.68% | 20.94% | 9.17% |
| 0.75% | 2.04% | 7.06% | 3.05% | 0.46% | 1.38% | 3.37% | 2.59% | 11.88% | 3.23% | |
| EFFICIENCY | - | - | - | - | - | - | - | - | - | - |
| Debtor Days | 35 | 36 | 24 | 17 | 21 | 27 | 19 | 22 | 28 | 27 |
| Inventory Days | 42 | 45 | 30 | 31 | 39 | 28 | 19 | 25 | 29 | 27 |
| Payable Days | 6 | 6 | 2 | 2 | 5 | 7 | 5 | 7 | 8 | 5 |
| 71 | 75 | 52 | 46 | 55 | 48 | 33 | 39 | 49 | 50 | |
| FINANCIAL HEALTH | - | - | - | - | - | - | - | - | - | - |
| Debt to Equity (x) | 0.46x | 0.73x | 0.39x | 0.93x | 0.54x | 1.22x | 1.30x | 1.49x | 0.52x | 1.33x |
| Interest Coverage (x) | 1.29x | 1.84x | 5.36x | 2.12x | 1.12x | 1.63x | 2.13x | 1.95x | 5.17x | 2.10x |
| 1.75x | 1.91x | 2.67x | 1.45x | 2.02x | 1.54x | 1.63x | 1.56x | 2.97x | 1.98x | |
| GROWTH | - | - | - | - | - | - | - | - | - | - |
| Revenue Growth % | 7.25% | 3.49% | 65.52% | 11.03% | -1.21% | 40.01% | 99.86% | 17.35% | -22.60% | 13.73% |
| Operating Profit Growth % | 0.34% | 10.11% | 19.34% | -16.55% | -21.23% | 20.08% | 62.38% | 15.05% | 113.08% | -43.78% |
| Net Profit Growth % | 16.74% | 110.45% | 137.34% | -50.13% | -83.63% | 235.22% | 218.65% | -8.59% | 351.35% | -69.34% |
| -27.44% | 313.56% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 351.35% | -69.34% | |
| VALUATION | - | - | - | - | - | - | - | - | - | - |
| P/E (x) | 46.09x | 15.08x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 5.70x | 16.83x |
| P/B (x) | 0.52x | 0.75x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 1.35x | 1.14x |
| Dividend Yield % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| 11.64x | 7.34x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 4.71x | 11.78x |
Mar 2016
- EPS (₹)
- 0.39
- Book Value (₹)
- 34.56
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 1.39
- Operating Margin %
- 2.67%
- Net Margin %
- 0.77%
- ROE %
- 1.15%
- ROCE %
- 2.96%
- 0.75%
- Debtor Days
- 35
- Inventory Days
- 42
- Payable Days
- 6
- 71
- Debt to Equity (x)
- 0.46x
- Interest Coverage (x)
- 1.29x
- 1.75x
- Revenue Growth %
- 7.25%
- Operating Profit Growth %
- 0.34%
- Net Profit Growth %
- 16.74%
- -27.44%
- P/E (x)
- 46.09x
- P/B (x)
- 0.52x
- Dividend Yield %
- 0.00%
- 11.64x
Mar 2017
- EPS (₹)
- 1.62
- Book Value (₹)
- 32.37
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 3.13
- Operating Margin %
- 3.91%
- Net Margin %
- 1.58%
- ROE %
- 3.30%
- ROCE %
- 4.50%
- 2.04%
- Debtor Days
- 36
- Inventory Days
- 45
- Payable Days
- 6
- 75
- Debt to Equity (x)
- 0.73x
- Interest Coverage (x)
- 1.84x
- 1.91x
- Revenue Growth %
- 3.49%
- Operating Profit Growth %
- 10.11%
- Net Profit Growth %
- 110.45%
- 313.56%
- P/E (x)
- 15.08x
- P/B (x)
- 0.75x
- Dividend Yield %
- 0.00%
- 7.34x
Mar 2018
- EPS (₹)
- 3.97
- Book Value (₹)
- 36.12
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 5.13
- Operating Margin %
- 4.45%
- Net Margin %
- 2.34%
- ROE %
- 11.60%
- ROCE %
- 12.00%
- 7.06%
- Debtor Days
- 24
- Inventory Days
- 30
- Payable Days
- 2
- 52
- Debt to Equity (x)
- 0.39x
- Interest Coverage (x)
- 5.36x
- 2.67x
- Revenue Growth %
- 65.52%
- Operating Profit Growth %
- 19.34%
- Net Profit Growth %
- 137.34%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2019
- EPS (₹)
- 1.98
- Book Value (₹)
- 38.10
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 3.20
- Operating Margin %
- 2.56%
- Net Margin %
- 0.81%
- ROE %
- 5.34%
- ROCE %
- 8.20%
- 3.05%
- Debtor Days
- 17
- Inventory Days
- 31
- Payable Days
- 2
- 46
- Debt to Equity (x)
- 0.93x
- Interest Coverage (x)
- 2.12x
- 1.45x
- Revenue Growth %
- 11.03%
- Operating Profit Growth %
- -16.55%
- Net Profit Growth %
- -50.13%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2020
- EPS (₹)
- 0.32
- Book Value (₹)
- 38.43
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 1.94
- Operating Margin %
- 2.20%
- Net Margin %
- 0.14%
- ROE %
- 0.85%
- ROCE %
- 5.05%
- 0.46%
- Debtor Days
- 21
- Inventory Days
- 39
- Payable Days
- 5
- 55
- Debt to Equity (x)
- 0.54x
- Interest Coverage (x)
- 1.12x
- 2.02x
- Revenue Growth %
- -1.21%
- Operating Profit Growth %
- -21.23%
- Net Profit Growth %
- -83.63%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2021
- EPS (₹)
- 1.09
- Book Value (₹)
- 39.52
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 2.82
- Operating Margin %
- 2.06%
- Net Margin %
- 0.38%
- ROE %
- 2.79%
- ROCE %
- 5.76%
- 1.38%
- Debtor Days
- 27
- Inventory Days
- 28
- Payable Days
- 7
- 48
- Debt to Equity (x)
- 1.22x
- Interest Coverage (x)
- 1.63x
- 1.54x
- Revenue Growth %
- 40.01%
- Operating Profit Growth %
- 20.08%
- Net Profit Growth %
- 235.22%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2022
- EPS (₹)
- 3.46
- Book Value (₹)
- 42.98
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 5.25
- Operating Margin %
- 1.71%
- Net Margin %
- 0.61%
- ROE %
- 8.40%
- ROCE %
- 8.45%
- 3.37%
- Debtor Days
- 19
- Inventory Days
- 19
- Payable Days
- 5
- 33
- Debt to Equity (x)
- 1.30x
- Interest Coverage (x)
- 2.13x
- 1.63x
- Revenue Growth %
- 99.86%
- Operating Profit Growth %
- 62.38%
- Net Profit Growth %
- 218.65%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2023
- EPS (₹)
- 3.17
- Book Value (₹)
- 46.15
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 5.02
- Operating Margin %
- 1.93%
- Net Margin %
- 0.55%
- ROE %
- 7.11%
- ROCE %
- 8.68%
- 2.59%
- Debtor Days
- 22
- Inventory Days
- 25
- Payable Days
- 7
- 39
- Debt to Equity (x)
- 1.49x
- Interest Coverage (x)
- 1.95x
- 1.56x
- Revenue Growth %
- 17.35%
- Operating Profit Growth %
- 15.05%
- Net Profit Growth %
- -8.59%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2024
- EPS (₹)
- 14.29
- Book Value (₹)
- 60.44
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 16.36
- Operating Margin %
- 2.13%
- Net Margin %
- 3.20%
- ROE %
- 26.82%
- ROCE %
- 20.94%
- 11.88%
- Debtor Days
- 28
- Inventory Days
- 29
- Payable Days
- 8
- 49
- Debt to Equity (x)
- 0.52x
- Interest Coverage (x)
- 5.17x
- 2.97x
- Revenue Growth %
- -22.60%
- Operating Profit Growth %
- 113.08%
- Net Profit Growth %
- 351.35%
- 351.35%
- P/E (x)
- 5.70x
- P/B (x)
- 1.35x
- Dividend Yield %
- 0.00%
- 4.71x
Mar 2025
- EPS (₹)
- 4.38
- Book Value (₹)
- 64.82
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 6.59
- Operating Margin %
- 2.28%
- Net Margin %
- 0.86%
- ROE %
- 7.00%
- ROCE %
- 9.17%
- 3.23%
- Debtor Days
- 27
- Inventory Days
- 27
- Payable Days
- 5
- 50
- Debt to Equity (x)
- 1.33x
- Interest Coverage (x)
- 2.10x
- 1.98x
- Revenue Growth %
- 13.73%
- Operating Profit Growth %
- -43.78%
- Net Profit Growth %
- -69.34%
- -69.34%
- P/E (x)
- 16.83x
- P/B (x)
- 1.14x
- Dividend Yield %
- 0.00%
- 11.78x
Documents
Announcements
- Outcome of Board Meeting
2026-08-13 - Bhagyanagar India Limited has informed the Exchange regarding Outcome of the Executive Committee of the board of Bhagyanagar India Limited in their meeting held today, i.e., August 13, 2026 inter-alia, considered and approved the allotment of 15,01,434 Equity Shares of face value of Rs. 2/- (Rupees Two Only) each for cash, at an issue price of Rs.348/- (Rupees Three Hundred and Forty Eight Only) per Equity Share including premium of Rs.346/- (Rupees Three Hundred and Forty Six Only) per share.
- Updates
2026-08-04 - Bhagyanagar India Limited has informed the Exchange regarding In-principle approval under Regulation 28(1) of Securities and Exchange Board of India ( Listing Obligations and Disclosure Requirements ) Regulations , 2015 for issue of 15,01,434 equity shares of Rs 2/- each under preferential basis. Letter received from Respective Stock Exchanges attached herewith.
Annual Reports
Credit Ratings
Nothing filed yet.
Concalls
Jul 2026
Jun 2026
Apr 2026