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 ₹ 253 Cr.
- Current Price ₹ 79.2
- High / Low ₹ 129 / 71.2
- Stock P/E 21.3
- Book Value ₹ 62.1
- Dividend Yield 0.00 %
- ROCE 8.06 %
- ROE 6.36 %
- Face Value ₹ 2.00
Pros
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 7.13% over last 3 years.
- Contingent liabilities of Rs.155 Cr.
- Company might be capitalizing the interest cost
- 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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
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 | 234 | 279 | 299 | 310 | 513 | 569 | 562 | 787 | 1,574 | 1,847 | 1,431 | 1,581 | |
184 | 222 | 269 | 290 | 295 | 500 | 550 | 547 | 769 | 1,543 | 1,812 | 1,399 | 1,547 | |
Operating Profit | 13 | 12 | 10 | 9 | 14 | 13 | 19 | 15 | 19 | 30 | 35 | 32 | 34 |
OPM % | 7% | 5% | 3% | 3% | 5% | 2% | 3% | 3% | 2% | 2% | 2% | 2% | 2% |
6 | 7 | 7 | 7 | 2 | 12 | 1 | 1 | 0 | 1 | 1 | 44 | 5 | |
Interest | 7 | 8 | 8 | 8 | 6 | 4 | 8 | 10 | 8 | 12 | 15 | 13 | 15 |
Depreciation | 8 | 7 | 6 | 6 | 5 | 4 | 4 | 5 | 6 | 6 | 6 | 7 | 7 |
Profit before tax | 4 | 3 | 2 | 2 | 5 | 17 | 9 | 1 | 5 | 13 | 14 | 56 | 17 |
Tax % | 12% | 2% | -20% | -14% | -3% | 24% | 26% | 12% | 33% | 17% | 30% | 18% | |
3 | 3 | 3 | 3 | 5 | 13 | 6 | 1 | 3 | 11 | 10 | 46 | 12 | |
EPS in Rs | 0.52 | 0.50 | 0.54 | 0.39 | 1.68 | 3.97 | 1.98 | 0.33 | 1.09 | 3.46 | 3.17 | 14.29 | 3.72 |
Dividend Payout % | 77% | 61% | 56% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | 20% |
5 Years: | 20% |
3 Years: | 22% |
TTM: | -6% |
Compounded Profit Growth | |
---|---|
10 Years: | 14% |
5 Years: | 12% |
3 Years: | 46% |
TTM: | -76% |
Stock Price CAGR | |
---|---|
10 Years: | 15% |
5 Years: | 33% |
3 Years: | 25% |
1 Year: | -21% |
Return on Equity | |
---|---|
10 Years: | 4% |
5 Years: | 5% |
3 Years: | 7% |
Last Year: | 6% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
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 | 13 | 13 | 13 | 13 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 |
Reserves | 198 | 205 | 207 | 208 | 97 | 109 | 116 | 117 | 120 | 131 | 141 | 187 | 192 |
86 | 110 | 123 | 102 | 76 | 46 | 114 | 66 | 155 | 179 | 220 | 101 | 239 | |
11 | 10 | 8 | 13 | 14 | 5 | 6 | 14 | 21 | 35 | 56 | 39 | 41 | |
Total Liabilities | 308 | 338 | 351 | 336 | 193 | 166 | 241 | 203 | 302 | 351 | 424 | 334 | 479 |
176 | 206 | 206 | 206 | 72 | 63 | 77 | 81 | 81 | 77 | 80 | 77 | 81 | |
CWIP | 17 | 1 | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments | 19 | 28 | 29 | 26 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
96 | 104 | 115 | 104 | 121 | 103 | 164 | 122 | 221 | 275 | 344 | 256 | 397 | |
Total Assets | 308 | 338 | 351 | 336 | 193 | 166 | 241 | 203 | 302 | 351 | 424 | 334 | 479 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
11 | 33 | -17 | 23 | -14 | 28 | -48 | 49 | -76 | -4 | -40 | 96 | |
10 | -24 | -2 | 3 | 28 | 31 | -17 | -13 | -2 | -1 | 3 | 39 | |
-21 | -6 | 12 | -27 | -13 | -49 | 54 | -35 | 77 | 14 | 27 | -133 | |
Net Cash Flow | 0 | 3 | -7 | -1 | 0 | 11 | -11 | 1 | -1 | 9 | -9 | 3 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
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 | 52 | 53 | 42 | 38 | 43 | 25 | 24 | 31 | 41 | 23 | 24 | 25 |
Inventory Days | 64 | 21 | 67 | 50 | 73 | 34 | 70 | 42 | 43 | 26 | 31 | 23 |
Days Payable | 9 | 4 | 2 | 10 | 3 | 2 | 3 | 8 | 8 | 6 | 8 | 6 |
Cash Conversion Cycle | 107 | 70 | 106 | 78 | 113 | 56 | 92 | 65 | 76 | 42 | 46 | 42 |
Working Capital Days | 117 | 83 | 106 | 83 | 107 | 49 | 86 | 63 | 90 | 53 | 56 | 57 |
ROCE % | 4% | 3% | 3% | 3% | 6% | 7% | 8% | 5% | 6% | 8% | 9% | 8% |
Documents
Announcements
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Announcement Under Regulation 30, LODR, General Updates
6 Feb - Awarded 65.7 MW solar project worth Rs. 230 Crores.
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Appointment of Company Secretary and Compliance Officer
4 Feb - Appointment of Ms. Ritika Tandon as Company Secretary.
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Appointment of Company Secretary and Compliance Officer
4 Feb - Appointment of Ms. Ritika Tandon as Company Secretary.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
4 Feb - Newspaper Publication of Unaudited Standalone and Consolidated Financial Results for the quarter and nine months ended 31st December, 2024
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Integrated Filing (Financial)
3 Feb - Outcome of Board Meeting and financial results for Q3 2024.
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.