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 ₹ 244 Cr.
- Current Price ₹ 76.1
- High / Low ₹ 129 / 63.0
- Stock P/E 435
- Book Value ₹ 54.6
- Dividend Yield 0.00 %
- ROCE 4.30 %
- ROE 2.16 %
- Face Value ₹ 2.00
Pros
- Company has reduced debt.
- Company is almost debt free.
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- The company has delivered a poor sales growth of 4.99% over past five years.
- Company has a low return on equity of 3.28% over last 3 years.
- Contingent liabilities of Rs.152 Cr.
- Earnings include an other income of Rs.3.07 Cr.
- Company's cost of borrowing seems high
- Promoter holding has decreased over last 3 years: -3.38%
* 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
Sector: Power Generation & Distribution Industry: Power Generation And Supply
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
197.23 | 225.71 | 261.87 | 295.59 | 292.77 | 446.87 | 569.24 | 504.15 | 505.62 | 1,090.73 | 1,387.01 | 726.26 | 5.61 | |
184.27 | 216.25 | 255.78 | 289.10 | 281.84 | 434.18 | 550.09 | 494.72 | 496.28 | 1,076.15 | 1,368.33 | 716.39 | 4.62 | |
Operating Profit | 12.96 | 9.46 | 6.09 | 6.49 | 10.93 | 12.69 | 19.15 | 9.43 | 9.34 | 14.58 | 18.68 | 9.87 | 0.99 |
OPM % | 6.57% | 4.19% | 2.33% | 2.20% | 3.73% | 2.84% | 3.36% | 1.87% | 1.85% | 1.34% | 1.35% | 1.36% | 17.65% |
6.22 | 8.10 | 9.60 | 8.67 | 3.61 | 11.53 | 0.96 | 2.47 | 2.58 | 2.66 | 1.71 | 45.48 | 3.07 | |
Interest | 7.04 | 7.76 | 8.33 | 7.62 | 5.97 | 3.82 | 7.62 | 7.02 | 5.70 | 6.86 | 8.71 | 5.36 | 0.38 |
Depreciation | 7.57 | 6.80 | 4.97 | 5.06 | 3.44 | 3.61 | 3.74 | 3.65 | 3.67 | 3.68 | 3.62 | 3.42 | 2.40 |
Profit before tax | 4.57 | 3.00 | 2.39 | 2.48 | 5.13 | 16.79 | 8.75 | 1.23 | 2.55 | 6.70 | 8.06 | 46.57 | 1.28 |
Tax % | 9.63% | 12.00% | 14.64% | 18.55% | 5.65% | 23.35% | 25.71% | 11.38% | 61.57% | 34.93% | 24.44% | 15.55% | |
4.13 | 2.63 | 2.05 | 2.02 | 4.85 | 12.86 | 6.50 | 1.10 | 0.97 | 4.37 | 6.10 | 39.34 | 0.56 | |
EPS in Rs | 0.65 | 0.41 | 0.32 | 0.32 | 1.52 | 4.02 | 2.03 | 0.34 | 0.30 | 1.37 | 1.91 | 12.30 | 0.18 |
Dividend Payout % | 61.99% | 73.00% | 93.66% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Compounded Sales Growth | |
---|---|
10 Years: | 12% |
5 Years: | 5% |
3 Years: | 13% |
TTM: | -100% |
Compounded Profit Growth | |
---|---|
10 Years: | 3% |
5 Years: | -12% |
3 Years: | 51% |
TTM: | -99% |
Stock Price CAGR | |
---|---|
10 Years: | 14% |
5 Years: | 37% |
3 Years: | 16% |
1 Year: | -35% |
Return on Equity | |
---|---|
10 Years: | 3% |
5 Years: | 2% |
3 Years: | 3% |
Last Year: | 2% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 12.80 | 12.80 | 12.80 | 12.80 | 6.40 | 6.40 | 6.40 | 6.40 | 6.40 | 6.40 | 6.40 | 6.40 | 6.40 |
Reserves | 198.88 | 195.42 | 195.95 | 199.28 | 96.45 | 109.32 | 115.82 | 116.92 | 117.89 | 122.26 | 128.36 | 167.70 | 168.12 |
80.97 | 104.90 | 117.21 | 95.67 | 73.74 | 45.64 | 103.58 | 38.36 | 101.61 | 100.82 | 117.10 | 6.96 | 5.75 | |
10.19 | 8.87 | 6.31 | 10.22 | 12.02 | 4.93 | 5.09 | 11.75 | 11.84 | 25.03 | 44.73 | 0.30 | 1.39 | |
Total Liabilities | 302.84 | 321.99 | 332.27 | 317.97 | 188.61 | 166.29 | 230.89 | 173.43 | 237.74 | 254.51 | 296.59 | 181.36 | 181.66 |
67.59 | 83.03 | 79.22 | 78.14 | 49.46 | 49.02 | 47.23 | 44.72 | 41.68 | 38.12 | 35.96 | 25.24 | 24.25 | |
CWIP | 17.19 | 0.71 | 0.92 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.14 | 0.00 | 0.00 |
Investments | 26.82 | 27.39 | 27.08 | 26.11 | 1.40 | 14.72 | 20.02 | 20.02 | 20.02 | 20.02 | 20.02 | 36.46 | 36.46 |
191.24 | 210.86 | 225.05 | 213.72 | 137.75 | 102.55 | 163.64 | 108.69 | 176.04 | 196.37 | 240.47 | 119.66 | 120.95 | |
Total Assets | 302.84 | 321.99 | 332.27 | 317.97 | 188.61 | 166.29 | 230.89 | 173.43 | 237.74 | 254.51 | 296.59 | 181.36 | 181.66 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
12.39 | 29.17 | -23.07 | 20.37 | -16.39 | 28.66 | -41.93 | 60.29 | -44.52 | -14.87 | -17.40 | 179.52 | |
8.80 | -20.24 | 4.59 | 6.78 | 28.08 | 17.52 | -14.77 | -4.11 | -13.75 | 21.26 | 9.31 | -63.71 | |
-21.02 | -6.38 | 11.94 | -27.90 | -11.39 | -35.65 | 46.01 | -55.43 | 57.32 | -6.61 | 8.10 | -114.79 | |
Net Cash Flow | 0.17 | 2.55 | -6.54 | -0.75 | 0.30 | 10.53 | -10.70 | 0.75 | -0.95 | -0.23 | 0.01 | 1.03 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 48.93 | 51.97 | 41.94 | 36.22 | 41.24 | 28.25 | 24.25 | 30.29 | 41.23 | 24.59 | 27.12 | 0.65 |
Inventory Days | 63.52 | 22.09 | 70.39 | 49.81 | 73.38 | 33.57 | 68.78 | 34.55 | 55.38 | 0.00 | ||
Days Payable | 9.23 | 4.39 | 1.30 | 9.46 | 2.30 | 2.03 | 2.57 | 6.52 | 6.34 | |||
Cash Conversion Cycle | 103.22 | 69.67 | 111.03 | 76.57 | 112.32 | 59.79 | 90.46 | 58.32 | 90.28 | 24.59 | 27.12 | 0.65 |
Working Capital Days | 107.93 | 80.21 | 111.21 | 82.34 | 109.27 | 55.85 | 81.81 | 55.75 | 95.41 | 53.08 | 47.42 | 2.37 |
ROCE % | 4.50% | 3.50% | 3.35% | 3.04% | 5.70% | 6.73% | 8.33% | 4.14% | 4.26% | 5.77% | 6.96% | 4.30% |
Documents
Announcements
- Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 9 Apr
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Announcement under Regulation 30 (LODR)-Change in Management
8 Apr - Appointment of Mr. Venkateshwara Rao Nukala as Additional Director.
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Board Meeting Outcome for Outcome Of The Board Meeting .
8 Apr - Appointment of Mr. Venkateswara Rao Nukala as Additional Director.
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Closure of Trading Window
26 Mar - Closure of trading window from April 15, 2025.
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Announcement under Regulation 30 (LODR)-Acquisition
12 Mar - Acquired 51% stake in Surana Electrix Private Limited.
Annual reports
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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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Financial Year 2011
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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.