Bhagyanagar India Ltd.
•₹ 394.52.73%
2026-08-21
PROS
- Company is almost debt free
- Operating margins have improved to 13.8% from 1.3%
- Strong cash generation - operating cash flow backs reported profits (CFO/PAT 3.57x)
- Company comfortably covers its interest (11.7x coverage)
- Company generates healthy free cash flow
CONS
- A large part of profit comes from other income (185.7% of PBT)
- Recent results are weak - TTM profit is down 78.7% versus prior year
- Receivables are growing faster than sales - a possible quality concern
- Promoter holding has decreased over last 2 years: -6.7pp
- Company has a low return on capital employed of 10.8%
- Company's sales have been declining over the last five years
* 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 | 573.00 | 14.19 | 242110.78 | 1.75 | 5469.00 | 144.81 | 13747.00 | 81.10 | 69.83 | 58.56 |
| 2. | HINDALCO | 1028.15 | 14.09 | 231048.59 | 0.49 | 7013.00 | 75.15 | 84825.00 | 32.06 | 10.45 | 16.43 |
| 3. | VEDL | 268.55 | 5.34 | 105013.47 | 12.66 | 7918.00 | 77.65 | 24205.00 | -35.34 | 18.72 | 35.12 |
| 4. | HINDCOPPER | 560.20 | 47.66 | 54172.69 | 0.51 | 352.37 | 162.47 | 936.50 | 81.36 | 24.00 | 54.17 |
| 5. | VOGL | 36.67 | 0.00 | 14347.21 | 0.00 | 9450.00 | — | 25070.00 | — | 0.00 | 32.47 |
| 6. | GRAVITA | 1793.50 | 33.78 | 13237.55 | 0.00 | 106.37 | 14.30 | 1475.06 | 41.84 | 21.95 | 7.44 |
| 7. | JAINREC | 300.25 | 28.70 | 10361.20 | 0.00 | 69.41 | 22.79 | 2724.46 | 75.86 | 25.74 | 3.97 |
| 8. | CMRGREEN | 213.75 | 22.04 | 4682.31 | 0.00 | 68.18 | — | 3122.73 | 91.98 | 13.41 | 4.33 |
| 9. | POCL | 503.25 | 26.92 | 3838.70 | 0.40 | 358.80 | 42.58 | 9348.90 | 55.08 | 15.68 | 5.97 |
| 10. | ARDEE | 61.48 | 0.00 | 1937.86 | 0.00 | — | — | — | — | 49.04 | — |
| 11. | BHAGYANGR | 382.85 | 20.41 | 1282.41 | 0.00 | 20.24 | 167.37 | 705.08 | 45.20 | 9.17 | 5.43 |
| 12. | ONIXSOLAR | 338.85 | 0.00 | 1186.96 | 0.00 | 208.97 | — | 945.10 | — | 32.85 | 29.74 |
Detailed Comparison with:
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 273 | 237 | 214 | 1 | 1 | 3 | 0 | 1 | 2 | 2 | 1 | 1 | 2 | |
| 271 | 234 | 210 | 1 | 1 | 2 | 1 | 1 | 3 | 1 | 1 | 0 | 2 | |
| Operating Profit | — | — | — | — | — | — | — | — | — | — | — | — | — |
| OPM % | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Income | 44 | 1 | 0 | 1 | 1 | 1 | 1 | 2 | 3 | 1 | 1 | 0 | 1 |
| Interest | 2 | 1 | 2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| 43 | 1 | 2 | 0 | 0 | 1 | 0 | 1 | 1 | 2 | 0 | 0 | 0 | |
| Tax % | 13.58% | 10.96% | 57.14% | 81.48% | 86.67% | 40.30% | 47.37% | 14.55% | 20.75% | 28.49% | 81.25% | 60.00% | 20.54% |
| Net Profit | 37 | 1 | 1 | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 0 | 0 | 0 |
| 12 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| 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
- 273
- 271
- Operating Profit
- —
- OPM %
- —
- Other Income
- 44
- Interest
- 2
- Depreciation
- 1
- 43
- Tax %
- 13.58%
- Net Profit
- 37
- 12
- Equity Capital
- 6
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 6
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2023
- 237
- 234
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 1
- Depreciation
- 1
- 1
- Tax %
- 10.96%
- Net Profit
- 1
- 0
- Equity Capital
- 6
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 6
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2023
- 214
- 210
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 2
- Depreciation
- 1
- 2
- Tax %
- 57.14%
- Net Profit
- 1
- 0
- Equity Capital
- 6
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 6
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2024
- 1
- 1
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 0
- Depreciation
- 1
- 0
- Tax %
- 81.48%
- Net Profit
- 0
- 0
- Equity Capital
- 6
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 6
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2024
- 1
- 1
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 0
- Depreciation
- 1
- 0
- Tax %
- 86.67%
- Net Profit
- 0
- 0
- Equity Capital
- 6
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 6
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2024
- 3
- 2
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 0
- Depreciation
- 1
- 1
- Tax %
- 40.30%
- Net Profit
- 0
- 0
- Equity Capital
- 6
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 6
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2024
- 0
- 1
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 0
- Depreciation
- 1
- 0
- Tax %
- 47.37%
- Net Profit
- 0
- 0
- Equity Capital
- 6
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 6
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2025
- 1
- 1
- Operating Profit
- —
- OPM %
- —
- Other Income
- 2
- Interest
- 0
- Depreciation
- 1
- 1
- Tax %
- 14.55%
- Net Profit
- 1
- 0
- Equity Capital
- 6
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 6
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2025
- 2
- 3
- Operating Profit
- —
- OPM %
- —
- Other Income
- 3
- Interest
- 0
- Depreciation
- 1
- 1
- Tax %
- 20.75%
- Net Profit
- 1
- 0
- Equity Capital
- 6
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 6
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2025
- 2
- 1
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 0
- Depreciation
- 1
- 2
- Tax %
- 28.49%
- Net Profit
- 1
- 0
- Equity Capital
- 6
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 6
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2025
- 1
- 1
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 0
- Depreciation
- 1
- 0
- Tax %
- 81.25%
- Net Profit
- 0
- 0
- Equity Capital
- 6
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 6
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2026
- 1
- 0
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 0
- Depreciation
- 1
- 0
- Tax %
- 60.00%
- Net Profit
- 0
- 0
- Equity Capital
- 6
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 6
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2026
- 2
- 2
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 0
- Depreciation
- 1
- 0
- Tax %
- 20.54%
- Net Profit
- 0
- 0
- Equity Capital
- 6
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 6
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 296 | 305 | 513 | 569 | 504 | 506 | 1,091 | 1,387 | 725 | 5 | 6 | |
| 289 | 295 | 500 | 550 | 495 | 496 | 1,076 | 1,368 | 716 | 5 | 4 | |
| Operating Profit | 17 | 19 | 24 | 20 | 12 | 12 | 17 | 20 | 55 | 5 | — |
| OPM % | 6 | 6 | 5 | 4 | 2 | 2 | 2 | 1 | 8 | 88 | — |
| Other Income | 11 | 9 | 12 | 1 | 2 | 3 | 3 | 2 | 47 | 4 | 3 |
| Interest | 8 | 6 | 4 | 8 | 7 | 6 | 7 | 9 | 5 | 0 | 0 |
| Depreciation | 5 | 3 | 4 | 4 | 4 | 4 | 4 | 4 | 3 | 2 | 2 |
| 2 | 5 | 17 | 9 | 1 | 3 | 7 | 8 | 47 | 2 | 2 | |
| Tax % | 19 | 6 | 23 | 26 | 11 | 62 | 35 | 24 | 16 | 31 | 35 |
| Net Profit | 2 | 5 | 13 | 6 | 1 | 1 | 4 | 6 | 39 | 1 | 2 |
| EPS | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 2 | 12 | 0 | — |
| 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 | 0 | 1 | 2 | 12 | 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 | 0 | 1 | 2 | 12 | 0 | — |
Mar 2016
- 296
- 289
- Operating Profit
- 17
- OPM %
- 6
- Other Income
- 11
- Interest
- 8
- Depreciation
- 5
- 2
- Tax %
- 19
- Net Profit
- 2
- 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
- 305
- 295
- Operating Profit
- 19
- OPM %
- 6
- Other Income
- 9
- Interest
- 6
- Depreciation
- 3
- 5
- Tax %
- 6
- 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 %
- 23
- 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
- 504
- 495
- Operating Profit
- 12
- OPM %
- 2
- Other Income
- 2
- Interest
- 7
- Depreciation
- 4
- 1
- Tax %
- 11
- 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
- 506
- 496
- Operating Profit
- 12
- OPM %
- 2
- Other Income
- 3
- Interest
- 6
- Depreciation
- 4
- 3
- Tax %
- 62
- 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 2022
- 1,091
- 1,076
- Operating Profit
- 17
- OPM %
- 2
- Other Income
- 3
- Interest
- 7
- Depreciation
- 4
- 7
- Tax %
- 35
- Net Profit
- 4
- 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 2023
- 1,387
- 1,368
- Operating Profit
- 20
- OPM %
- 1
- Other Income
- 2
- Interest
- 9
- Depreciation
- 4
- 8
- Tax %
- 24
- Net Profit
- 6
- EPS
- 2
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 2
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 2
Mar 2024
- 725
- 716
- Operating Profit
- 55
- OPM %
- 8
- Other Income
- 47
- Interest
- 5
- Depreciation
- 3
- 47
- Tax %
- 16
- Net Profit
- 39
- EPS
- 12
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 12
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 12
Mar 2025
- 5
- 5
- Operating Profit
- 5
- OPM %
- 88
- Other Income
- 4
- Interest
- 0
- Depreciation
- 2
- 2
- Tax %
- 31
- 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
TTM
- 6
- 4
- Operating Profit
- —
- OPM %
- —
- Other Income
- 3
- Interest
- 0
- Depreciation
- 2
- 2
- Tax %
- 35
- Net Profit
- 2
- 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:
- -32%
- 5 Years:
- -60%
- 3 Years:
- -83%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- -3%
- 5 Years:
- 6%
- 3 Years:
- -31%
STOCK PRICE CAGR
- 10 Years:
- —
- 5 Years:
- 52%
- 3 Years:
- 78%
- 1 Year:
- 329%
RETURN ON EQUITY
- 10 Years:
- 6%
- 5 Years:
- 7%
- 3 Years:
- 10%
- Last Year:
- 1%
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| 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 |
| 199 | 96 | 109 | 116 | 117 | 118 | 122 | 128 | 168 | 169 | |
| 30 | 47 | 30 | 103 | 38 | 97 | 80 | 87 | 0 | 1 | |
| Trade Payables | 6 | 2 | 2 | 4 | 8 | 8 | 21 | 29 | 0 | 0 |
| 69 | 36 | 22 | 8 | 3 | 9 | 28 | 47 | 14 | 1 | |
| Total Liabilities | 318 | 188 | 170 | 236 | 172 | 238 | 257 | 299 | 188 | 178 |
| ASSETS | - | - | - | - | - | - | - | - | - | - |
| 78 | 49 | 49 | 47 | 45 | 42 | 38 | 36 | 25 | 23 | |
| 26 | 1 | 15 | 20 | 20 | 20 | 20 | 20 | 36 | 37 | |
| 33 | 51 | 37 | 96 | 43 | 71 | 83 | 89 | 0 | 0 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | |
| Cash & Bank | 3 | 5 | 15 | 4 | 4 | 3 | 1 | 1 | 1 | 3 |
| 177 | 81 | 54 | 69 | 61 | 103 | 115 | 153 | 124 | 115 | |
| Total Assets | 318 | 188 | 170 | 236 | 172 | 238 | 257 | 299 | 188 | 178 |
| Total Debt | 96 | 74 | 46 | 104 | 38 | 102 | 101 | 117 | 7 | 1 |
| Net Working Capital | 40 | 53 | 65 | 45 | 43 | 38 | 80 | 94 | -1 | 7 |
| Contingent Liabilities | 7 | 1 | 4 | 2 | 18 | 40 | 75 | 104 | 0 | 0 |
| Book Value per Share | 33.14 | 32.15 | 36.17 | 38.20 | 38.54 | 38.85 | 40.21 | 42.12 | 54.41 | 54.87 |
| Face Value | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 |
| Total Debt | 96 | 74 | 46 | 104 | 38 | 102 | 101 | 117 | 7 | 1 |
| Net Working Capital | 40 | 53 | 65 | 45 | 43 | 38 | 80 | 94 | -1 | 7 |
| Contingent Liabilities | 7 | 1 | 4 | 2 | 18 | 40 | 75 | 104 | 0 | 0 |
| Book Value per Share | 33.14 | 32.15 | 36.17 | 38.20 | 38.54 | 38.85 | 40.21 | 42.12 | 54.41 | 54.87 |
| 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
- 199
- 30
- Trade Payables
- 6
- 69
- Total Liabilities
- 318
- 78
- 26
- 33
- 0
- Cash & Bank
- 3
- 177
- Total Assets
- 318
- Total Debt
- 96
- Net Working Capital
- 40
- Contingent Liabilities
- 7
- Book Value per Share
- 33.14
- Face Value
- 2.00
- Total Debt
- 96
- Net Working Capital
- 40
- Contingent Liabilities
- 7
- Book Value per Share
- 33.14
- Face Value
- 2.00
Mar 2017
- Equity Capital
- 6
- 96
- 47
- Trade Payables
- 2
- 36
- Total Liabilities
- 188
- 49
- 1
- 51
- 0
- Cash & Bank
- 5
- 81
- Total Assets
- 188
- Total Debt
- 74
- Net Working Capital
- 53
- Contingent Liabilities
- 1
- Book Value per Share
- 32.15
- Face Value
- 2.00
- Total Debt
- 74
- Net Working Capital
- 53
- Contingent Liabilities
- 1
- Book Value per Share
- 32.15
- Face Value
- 2.00
Mar 2018
- Equity Capital
- 6
- 109
- 30
- Trade Payables
- 2
- 22
- Total Liabilities
- 170
- 49
- 15
- 37
- 0
- Cash & Bank
- 15
- 54
- Total Assets
- 170
- Total Debt
- 46
- Net Working Capital
- 65
- Contingent Liabilities
- 4
- Book Value per Share
- 36.17
- Face Value
- 2.00
- Total Debt
- 46
- Net Working Capital
- 65
- Contingent Liabilities
- 4
- Book Value per Share
- 36.17
- Face Value
- 2.00
Mar 2019
- Equity Capital
- 6
- 116
- 103
- Trade Payables
- 4
- 8
- Total Liabilities
- 236
- 47
- 20
- 96
- 0
- Cash & Bank
- 4
- 69
- Total Assets
- 236
- Total Debt
- 104
- Net Working Capital
- 45
- Contingent Liabilities
- 2
- Book Value per Share
- 38.20
- Face Value
- 2.00
- Total Debt
- 104
- Net Working Capital
- 45
- Contingent Liabilities
- 2
- Book Value per Share
- 38.20
- Face Value
- 2.00
Mar 2020
- Equity Capital
- 6
- 117
- 38
- Trade Payables
- 8
- 3
- Total Liabilities
- 172
- 45
- 20
- 43
- 0
- Cash & Bank
- 4
- 61
- Total Assets
- 172
- Total Debt
- 38
- Net Working Capital
- 43
- Contingent Liabilities
- 18
- Book Value per Share
- 38.54
- Face Value
- 2.00
- Total Debt
- 38
- Net Working Capital
- 43
- Contingent Liabilities
- 18
- Book Value per Share
- 38.54
- Face Value
- 2.00
Mar 2021
- Equity Capital
- 6
- 118
- 97
- Trade Payables
- 8
- 9
- Total Liabilities
- 238
- 42
- 20
- 71
- 0
- Cash & Bank
- 3
- 103
- Total Assets
- 238
- Total Debt
- 102
- Net Working Capital
- 38
- Contingent Liabilities
- 40
- Book Value per Share
- 38.85
- Face Value
- 2.00
- Total Debt
- 102
- Net Working Capital
- 38
- Contingent Liabilities
- 40
- Book Value per Share
- 38.85
- Face Value
- 2.00
Mar 2022
- Equity Capital
- 6
- 122
- 80
- Trade Payables
- 21
- 28
- Total Liabilities
- 257
- 38
- 20
- 83
- 0
- Cash & Bank
- 1
- 115
- Total Assets
- 257
- Total Debt
- 101
- Net Working Capital
- 80
- Contingent Liabilities
- 75
- Book Value per Share
- 40.21
- Face Value
- 2.00
- Total Debt
- 101
- Net Working Capital
- 80
- Contingent Liabilities
- 75
- Book Value per Share
- 40.21
- Face Value
- 2.00
Mar 2023
- Equity Capital
- 6
- 128
- 87
- Trade Payables
- 29
- 47
- Total Liabilities
- 299
- 36
- 20
- 89
- 0
- Cash & Bank
- 1
- 153
- Total Assets
- 299
- Total Debt
- 117
- Net Working Capital
- 94
- Contingent Liabilities
- 104
- Book Value per Share
- 42.12
- Face Value
- 2.00
- Total Debt
- 117
- Net Working Capital
- 94
- Contingent Liabilities
- 104
- Book Value per Share
- 42.12
- Face Value
- 2.00
Mar 2024
- Equity Capital
- 6
- 168
- 0
- Trade Payables
- 0
- 14
- Total Liabilities
- 188
- 25
- 36
- 0
- 1
- Cash & Bank
- 1
- 124
- Total Assets
- 188
- Total Debt
- 7
- Net Working Capital
- -1
- Contingent Liabilities
- 0
- Book Value per Share
- 54.41
- Face Value
- 2.00
- Total Debt
- 7
- Net Working Capital
- -1
- Contingent Liabilities
- 0
- Book Value per Share
- 54.41
- Face Value
- 2.00
Mar 2025
- Equity Capital
- 6
- 169
- 1
- Trade Payables
- 0
- 1
- Total Liabilities
- 178
- 23
- 37
- 0
- 1
- Cash & Bank
- 3
- 115
- Total Assets
- 178
- Total Debt
- 1
- Net Working Capital
- 7
- Contingent Liabilities
- 0
- Book Value per Share
- 54.87
- Face Value
- 2.00
- Total Debt
- 1
- Net Working Capital
- 7
- Contingent Liabilities
- 0
- Book Value per Share
- 54.87
- Face Value
- 2.00
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 20 | -16 | 29 | -42 | 60 | -45 | -15 | -17 | 180 | 5 | |
| Cash from Investing | 7 | 28 | 18 | -15 | -4 | -14 | 21 | 9 | -64 | 3 |
| Cash from Financing | -28 | -11 | -36 | 46 | -55 | 57 | -7 | 8 | -115 | -9 |
| -1 | 0 | 11 | -11 | 1 | -1 | -0 | 0 | 1 | -1 | |
| Free Cash Flow | 19 | -16 | 27 | -44 | 59 | -45 | -15 | -19 | 180 | 5 |
| OCF / Net Profit | 10.09 | -3.38 | 2.23 | -6.45 | 54.81 | -45.79 | -3.40 | -2.85 | 4.56 | 3.76 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 45 | -19 | -18 | -63 | 160 | 106 |
| OCF / Net Profit | 10.09 | -3.38 | 2.23 | -6.45 | 54.81 | -45.79 | -3.40 | -2.85 | 4.56 | 3.76 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 45 | -19 | -18 | -63 | 160 | 106 |
Mar 2016
- 20
- Cash from Investing
- 7
- Cash from Financing
- -28
- -1
- Free Cash Flow
- 19
- OCF / Net Profit
- 10.09
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 10.09
- Cumulative 5-Year FCF
- 0
Mar 2017
- -16
- Cash from Investing
- 28
- Cash from Financing
- -11
- 0
- Free Cash Flow
- -16
- OCF / Net Profit
- -3.38
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -3.38
- Cumulative 5-Year FCF
- 0
Mar 2018
- 29
- Cash from Investing
- 18
- Cash from Financing
- -36
- 11
- Free Cash Flow
- 27
- OCF / Net Profit
- 2.23
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 2.23
- Cumulative 5-Year FCF
- 0
Mar 2019
- -42
- Cash from Investing
- -15
- Cash from Financing
- 46
- -11
- Free Cash Flow
- -44
- OCF / Net Profit
- -6.45
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -6.45
- Cumulative 5-Year FCF
- 0
Mar 2020
- 60
- Cash from Investing
- -4
- Cash from Financing
- -55
- 1
- Free Cash Flow
- 59
- OCF / Net Profit
- 54.81
- Cumulative 5-Year FCF
- 45
- OCF / Net Profit
- 54.81
- Cumulative 5-Year FCF
- 45
Mar 2021
- -45
- Cash from Investing
- -14
- Cash from Financing
- 57
- -1
- Free Cash Flow
- -45
- OCF / Net Profit
- -45.79
- Cumulative 5-Year FCF
- -19
- OCF / Net Profit
- -45.79
- Cumulative 5-Year FCF
- -19
Mar 2022
- -15
- Cash from Investing
- 21
- Cash from Financing
- -7
- -0
- Free Cash Flow
- -15
- OCF / Net Profit
- -3.40
- Cumulative 5-Year FCF
- -18
- OCF / Net Profit
- -3.40
- Cumulative 5-Year FCF
- -18
Mar 2023
- -17
- Cash from Investing
- 9
- Cash from Financing
- 8
- 0
- Free Cash Flow
- -19
- OCF / Net Profit
- -2.85
- Cumulative 5-Year FCF
- -63
- OCF / Net Profit
- -2.85
- Cumulative 5-Year FCF
- -63
Mar 2024
- 180
- Cash from Investing
- -64
- Cash from Financing
- -115
- 1
- Free Cash Flow
- 180
- OCF / Net Profit
- 4.56
- Cumulative 5-Year FCF
- 160
- OCF / Net Profit
- 4.56
- Cumulative 5-Year FCF
- 160
Mar 2025
- 5
- Cash from Investing
- 3
- Cash from Financing
- -9
- -1
- Free Cash Flow
- 5
- OCF / Net Profit
- 3.76
- Cumulative 5-Year FCF
- 106
- OCF / Net Profit
- 3.76
- Cumulative 5-Year FCF
- 106
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| PER SHARE | - | - | - | - | - | - | - | - | - | - |
| EPS (₹) | 0.32 | 1.51 | 4.02 | 2.03 | 0.34 | 0.30 | 1.37 | 1.91 | 12.30 | 0.46 |
| Book Value (₹) | 33.14 | 32.15 | 36.17 | 38.20 | 38.54 | 38.85 | 40.21 | 42.12 | 54.41 | 54.87 |
| 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 (₹) | 1.10 | 2.57 | 5.13 | 3.19 | 1.48 | 1.45 | 2.52 | 3.04 | 13.36 | 1.19 |
| PROFITABILITY | - | - | - | - | - | - | - | - | - | - |
| Operating Margin % | 1.97% | 2.92% | 4.45% | 2.55% | 1.82% | 2.01% | 1.34% | 1.47% | 1.15% | 13.80% |
| Net Margin % | 0.62% | 1.45% | 2.37% | 0.83% | 0.17% | 0.16% | 0.34% | 0.44% | 5.43% | 27.65% |
| ROE % | 0.96% | 3.08% | 11.77% | 5.46% | 0.90% | 0.79% | 3.46% | 4.63% | 25.47% | 0.83% |
| ROCE % | 3.19% | 4.58% | 12.19% | 8.46% | 4.26% | 4.26% | 5.96% | 6.97% | 23.99% | 1.29% |
| 0.62% | 1.92% | 7.19% | 3.20% | 0.54% | 0.47% | 1.76% | 2.19% | 16.17% | 0.80% | |
| EFFICIENCY | - | - | - | - | - | - | - | - | - | - |
| Debtor Days | 33 | 34 | 23 | 17 | 22 | 30 | 19 | 23 | 26 | 75 |
| Inventory Days | 42 | 46 | 30 | 31 | 39 | 35 | 22 | 23 | 0 | 0 |
| Payable Days | 5 | 6 | 2 | 2 | 5 | 6 | 5 | 7 | 8 | 0 |
| 70 | 74 | 51 | 45 | 57 | 59 | 35 | 39 | 18 | 75 | |
| FINANCIAL HEALTH | - | - | - | - | - | - | - | - | - | - |
| Debt to Equity (x) | 0.45x | 0.72x | 0.39x | 0.85x | 0.31x | 0.82x | 0.78x | 0.87x | 0.04x | 0.00x |
| Interest Coverage (x) | 1.33x | 1.86x | 5.40x | 2.15x | 1.18x | 1.45x | 1.98x | 1.93x | 9.69x | 11.69x |
| 1.73x | 1.87x | 2.66x | 1.39x | 1.87x | 1.35x | 1.75x | 1.70x | 0.92x | 3.46x | |
| GROWTH | - | - | - | - | - | - | - | - | - | - |
| Revenue Growth % | 12.88% | 3.20% | 68.02% | 11.03% | -11.43% | 0.29% | 115.72% | 27.16% | -47.75% | -99.27% |
| Operating Profit Growth % | -1.60% | 8.15% | 28.92% | -16.92% | -40.71% | 0.16% | 44.61% | 18.29% | 171.42% | -91.62% |
| Net Profit Growth % | -1.50% | 139.94% | 165.50% | -49.49% | -83.07% | -11.61% | 349.44% | 39.58% | 544.97% | -96.29% |
| -1.50% | 379.88% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 544.97% | -96.29% | |
| VALUATION | - | - | - | - | - | - | - | - | - | - |
| P/E (x) | 57.04x | 16.08x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 6.62x | 161.73x |
| P/B (x) | 0.54x | 0.76x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 1.50x | 1.34x |
| Dividend Yield % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| 11.99x | 7.81x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 4.81x | 50.45x |
Mar 2016
- EPS (₹)
- 0.32
- Book Value (₹)
- 33.14
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 1.10
- Operating Margin %
- 1.97%
- Net Margin %
- 0.62%
- ROE %
- 0.96%
- ROCE %
- 3.19%
- 0.62%
- Debtor Days
- 33
- Inventory Days
- 42
- Payable Days
- 5
- 70
- Debt to Equity (x)
- 0.45x
- Interest Coverage (x)
- 1.33x
- 1.73x
- Revenue Growth %
- 12.88%
- Operating Profit Growth %
- -1.60%
- Net Profit Growth %
- -1.50%
- -1.50%
- P/E (x)
- 57.04x
- P/B (x)
- 0.54x
- Dividend Yield %
- 0.00%
- 11.99x
Mar 2017
- EPS (₹)
- 1.51
- Book Value (₹)
- 32.15
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 2.57
- Operating Margin %
- 2.92%
- Net Margin %
- 1.45%
- ROE %
- 3.08%
- ROCE %
- 4.58%
- 1.92%
- Debtor Days
- 34
- Inventory Days
- 46
- Payable Days
- 6
- 74
- Debt to Equity (x)
- 0.72x
- Interest Coverage (x)
- 1.86x
- 1.87x
- Revenue Growth %
- 3.20%
- Operating Profit Growth %
- 8.15%
- Net Profit Growth %
- 139.94%
- 379.88%
- P/E (x)
- 16.08x
- P/B (x)
- 0.76x
- Dividend Yield %
- 0.00%
- 7.81x
Mar 2018
- EPS (₹)
- 4.02
- Book Value (₹)
- 36.17
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 5.13
- Operating Margin %
- 4.45%
- Net Margin %
- 2.37%
- ROE %
- 11.77%
- ROCE %
- 12.19%
- 7.19%
- Debtor Days
- 23
- Inventory Days
- 30
- Payable Days
- 2
- 51
- Debt to Equity (x)
- 0.39x
- Interest Coverage (x)
- 5.40x
- 2.66x
- Revenue Growth %
- 68.02%
- Operating Profit Growth %
- 28.92%
- Net Profit Growth %
- 165.50%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2019
- EPS (₹)
- 2.03
- Book Value (₹)
- 38.20
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 3.19
- Operating Margin %
- 2.55%
- Net Margin %
- 0.83%
- ROE %
- 5.46%
- ROCE %
- 8.46%
- 3.20%
- Debtor Days
- 17
- Inventory Days
- 31
- Payable Days
- 2
- 45
- Debt to Equity (x)
- 0.85x
- Interest Coverage (x)
- 2.15x
- 1.39x
- Revenue Growth %
- 11.03%
- Operating Profit Growth %
- -16.92%
- Net Profit Growth %
- -49.49%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2020
- EPS (₹)
- 0.34
- Book Value (₹)
- 38.54
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 1.48
- Operating Margin %
- 1.82%
- Net Margin %
- 0.17%
- ROE %
- 0.90%
- ROCE %
- 4.26%
- 0.54%
- Debtor Days
- 22
- Inventory Days
- 39
- Payable Days
- 5
- 57
- Debt to Equity (x)
- 0.31x
- Interest Coverage (x)
- 1.18x
- 1.87x
- Revenue Growth %
- -11.43%
- Operating Profit Growth %
- -40.71%
- Net Profit Growth %
- -83.07%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2021
- EPS (₹)
- 0.30
- Book Value (₹)
- 38.85
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 1.45
- Operating Margin %
- 2.01%
- Net Margin %
- 0.16%
- ROE %
- 0.79%
- ROCE %
- 4.26%
- 0.47%
- Debtor Days
- 30
- Inventory Days
- 35
- Payable Days
- 6
- 59
- Debt to Equity (x)
- 0.82x
- Interest Coverage (x)
- 1.45x
- 1.35x
- Revenue Growth %
- 0.29%
- Operating Profit Growth %
- 0.16%
- Net Profit Growth %
- -11.61%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2022
- EPS (₹)
- 1.37
- Book Value (₹)
- 40.21
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 2.52
- Operating Margin %
- 1.34%
- Net Margin %
- 0.34%
- ROE %
- 3.46%
- ROCE %
- 5.96%
- 1.76%
- Debtor Days
- 19
- Inventory Days
- 22
- Payable Days
- 5
- 35
- Debt to Equity (x)
- 0.78x
- Interest Coverage (x)
- 1.98x
- 1.75x
- Revenue Growth %
- 115.72%
- Operating Profit Growth %
- 44.61%
- Net Profit Growth %
- 349.44%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2023
- EPS (₹)
- 1.91
- Book Value (₹)
- 42.12
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 3.04
- Operating Margin %
- 1.47%
- Net Margin %
- 0.44%
- ROE %
- 4.63%
- ROCE %
- 6.97%
- 2.19%
- Debtor Days
- 23
- Inventory Days
- 23
- Payable Days
- 7
- 39
- Debt to Equity (x)
- 0.87x
- Interest Coverage (x)
- 1.93x
- 1.70x
- Revenue Growth %
- 27.16%
- Operating Profit Growth %
- 18.29%
- Net Profit Growth %
- 39.58%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2024
- EPS (₹)
- 12.30
- Book Value (₹)
- 54.41
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 13.36
- Operating Margin %
- 1.15%
- Net Margin %
- 5.43%
- ROE %
- 25.47%
- ROCE %
- 23.99%
- 16.17%
- Debtor Days
- 26
- Inventory Days
- 0
- Payable Days
- 8
- 18
- Debt to Equity (x)
- 0.04x
- Interest Coverage (x)
- 9.69x
- 0.92x
- Revenue Growth %
- -47.75%
- Operating Profit Growth %
- 171.42%
- Net Profit Growth %
- 544.97%
- 544.97%
- P/E (x)
- 6.62x
- P/B (x)
- 1.50x
- Dividend Yield %
- 0.00%
- 4.81x
Mar 2025
- EPS (₹)
- 0.46
- Book Value (₹)
- 54.87
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 1.19
- Operating Margin %
- 13.80%
- Net Margin %
- 27.65%
- ROE %
- 0.83%
- ROCE %
- 1.29%
- 0.80%
- Debtor Days
- 75
- Inventory Days
- 0
- Payable Days
- 0
- 75
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- 11.69x
- 3.46x
- Revenue Growth %
- -99.27%
- Operating Profit Growth %
- -91.62%
- Net Profit Growth %
- -96.29%
- -96.29%
- P/E (x)
- 161.73x
- P/B (x)
- 1.34x
- Dividend Yield %
- 0.00%
- 50.45x
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