Bhagyanagar India Limited
NSE: BHAGYANGRCopperTrade-to-trade true
Share price
₹41.40
+6.15% close of 8 Oct 2026
Price-based ratios (P/B, dividend yield, EV/EBITDA) are as of 7 Oct 2026, the close above is 8 Oct 2026.
Some price-based ratios are not shown: our two sources disagree: our stored price for this company does not match its last close, so they are left out rather than shown beside the wrong price.
Business score
How strong the business is, in one number. The parts behind it are in Pro.
68
out of 100 · worked out 8 Oct 2026
Your ratios
The numbers you want to see first. Tap Edit to change them.
Market cap
₹139 Cr
P/E ratio
2.2
P/B ratio
—
ROCE
20.2%
ROE
20.3%
Dividend yield
—
Price & valuation chart
How the share price and its valuation have moved. Hover over the chart to see any day. Prices as of the last close.
Answers
Simple answers to the questions investors ask most, from the company's own numbers.
How fast it has been growing
Sales grew 49.1% over the past year, and 14.5% a year over its longer record. Meanwhile what it keeps of every 100 rupees of sales improved from 1.8% to 4.9% over the last four years.
Whether it grew faster than its sector
It grew 14.5% a year against a sector median of 10.6% — 3.9 percentage points faster.
Room to re-rate, or risk of de-rating
At 2.2× earnings against a market that pays 23.9× across 2199 companies we can price. Its own industry sits at 14.2×, across 5 companies. It is against its own five-year median of 1.4×, the 76th percentile of its own range.
Whether growth justifies the valuation
Priced at 0.0 times its growth rate, on earnings growth of 67%.
| Profit growth | Price per ₹1 profit | Per 1% growth | |
|---|---|---|---|
| Bhagyanagar India Limited — this one | 67%/yr | 2.2× | ₹0.03 |
| Vedanta Aluminium Metal Limited | — | 12.2× | — |
| JINDAL STEEL LIMITED | 1%/yr | 33.4× | ₹33.4 |
| Lloyds Metals And Energy Limited | 60%/yr | 21.1× | ₹0.35 |
| Vedanta Limited | 17%/yr | 9.0× | ₹0.53 |
| Steel Authority of India | 26%/yr | 14.2× | ₹0.55 |
Compared with companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.
How it compares with its peers
Against companies across the whole Metals & Mining sector, it ranks 13 of 61 on returns, 16 of 52 on growth, 47 of 61 on margin. That grouping comes from the exchange's filing category, so some of them may not be real rivals.
What makes it hard to beat — and is that still true?
A wide advantage: it earns 20.2% on capital, ahead of 79% of companies across its whole sector. That grouping comes from the exchange's filing category, so some of them may not be real rivals.
Whether its growth pays for itself
No — Over the last five years the business itself consumed ₹33 crore of cash before any plant spend, funded mostly borrowed — borrowings rose from ₹179 crore to ₹259 crore. And the profit is not backed by cash: it reported a profit over 12 years and consumed cash from the business. Its cash comes back more slowly than it used to: it went from being waiting 22 days for its cash to waiting 34 days for its cash.
Profit reality check
Is the profit real cash? Simple checks on the accounts. Facts only, not advice.
9 of 9 checks clear · 100%
Latest result
What the last results showed. Whether management kept its word is in Pro.
Results are expected soon.
Checklist before you investPRO
Points for and against, in one list.
Key numbers & peers
The main numbers grouped by topic, and how the company compares with similar ones.
Price
- Market cap
- ₹139 Cr
- Prev close
- ₹41.40
- 52w High
- ₹41.4
- 52w Low
- ₹8.2
- Enterprise value
- —
- Beta
- 1.1
- Price CAGR 1y
- 353.0%
- Price CAGR 3y
- 88.0%
- Price CAGR 5y
- 55.0%
- Price CAGR 10y
- 37.0%
Ratios
- Return on assets
- 7.9%
- PEG ratio
- —
- P/E ratio
- 2.2
- P/B ratio
- —
- EV / EBITDA
- —
- Industry P/E
- 19.4
- ROCE
- 20.2%
- ROCE 5y average
- 10.6%
- ROE
- 20.3%
- Debt / Equity
- 1.0
- Interest coverage
- 2.9
- Dividend yield
- —
- ROE 3y average
- 11.0%
- ROE last year
- 20.0%
Annual P&L
- Annual revenue
- ₹2,378 Cr
- Annual profit
- ₹50 Cr
- Operating margin
- 4.5%
- Net profit margin
- 2.1%
- EBITDA margin
- 4.5%
- Sales growth 3y
- 8.8%
- Sales growth 5y
- 24.8%
- Profit growth 3y
- 67.0%
- Profit growth 5y
- 68.0%
- EPS
- ₹15.7
- Sales growth TTM
- 49.0%
- Profit growth TTM
- 216.0%
- Dividend payout
- 0.0%
Quarter P&L
- Sales latest quarter
- ₹705 Cr
- Profit latest quarter
- ₹20 Cr
- YoY quarterly sales growth
- 45.2%
- YoY quarterly profit growth
- 150.0%
- OPM latest quarter
- 5.4%
Balance Sheet
- Book Value
- ₹76.7
- Face Value
- ₹2.0
- Total debt
- ₹259 Cr
- Total cash
- ₹1 Cr
- Borrowings
- ₹259 Cr
- Reserves / Equity
- 41.8
Cash Flow
- Operating cash flow
- ₹59 Cr
- Free cash flow
- ₹50 Cr
- FCF yield
- 10.1%
- Net cash flow
- -₹5 Cr
Shareholding
- Promoter holding
- 65.8%
- FII holding
- 2.1%
- DII holding
- 2.1%
- Public holding
- 30.0%
Peer comparison
| Company | Price ₹ | P/E | Mkt cap ₹ Cr | Div yield % | Profit qtr ₹ Cr | Profit var % | Sales qtr ₹ Cr | Sales var % | ROCE % |
|---|---|---|---|---|---|---|---|---|---|
| Hindustan Copper | 479.95 | 38.4 | 46,398 | 0.60 | 352.6 | 162.6 | 936.5 | 81.4 | 42.4 |
| Bhagyanagar Ind | 454.55 | 24.3 | 1,525 | 0.00 | 20.3 | 167.5 | 705.1 | 45.2 | 20.2 |
| Onix Solar | 355.10 | 21.8 | 1,310 | 0.00 | 20.8 | 1962.4 | 93.7 | 107.4 | 10.3 |
| Mardia Samyoung | 52.06 | 117.9 | 414 | 0.00 | 1.1 | 556.5 | 24.8 | 7.0 | |
| N D Metal Inds. | 75.00 | 77.5 | 19 | 0.00 | 0.2 | 200.0 | 0.1 | 4.5 | |
| Median | 404.83 | 31.3 | 1,417 | 0.00 | 20.5 | 362.0 | 399.4 | 81.4 | 15.3 |
Competes with: Hindustan Copper Limited, Onix Solar Energy Limited
Quarterly results
Sales and profit for each of the last 13 quarters. Newest on the right. ₹ crore.
| Line item | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 346 | 340 | 335 | 409 | 369 | 408 | 394 | 454 | 486 | 580 | 577 | 735 | 705 |
| Expenses | 340 | 332 | 326 | 401 | 362 | 400 | 384 | 443 | 469 | 555 | 549 | 698 | 667 |
| Material Cost | 438 | 409 | 533 | 581 | 667 | 588 | |||||||
| Change in Inventories | -21 | 34 | 0 | -57 | 3.32 | 54 | |||||||
| Purchases of Stock-in-Trade | 0 | 0 | 0 | 0 | 0 | 0 | |||||||
| Employee Cost | 4.48 | 3.60 | 3.63 | 4.76 | 4.30 | 4.00 | |||||||
| Other Expenses | 21 | 23 | 18 | 20 | 24 | 21 | |||||||
| Operating Profit | 6 | 8 | 8 | 8 | 7 | 8 | 11 | 11 | 16 | 25 | 29 | 36 | 38 |
| OPM % | 1.78 | 2.32 | 2.49 | 2.05 | 1.83 | 1.98 | 2.75 | 2.50 | 3.33 | 4.34 | 4.95 | 4.92 | 5.43 |
| Other Income | 43 | 0 | 0 | 1 | 1 | 3 | 1 | 2 | 3 | 1 | 1 | 1 | 1 |
| Exceptional items (within Other Income) | 0 | 0 | 0 | 0 | 0 | 0 | |||||||
| 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 |
| Profit before tax | 44 | 3 | 4 | 5 | 2 | 5 | 5 | 6 | 10 | 15 | 18 | 24 | 27 |
| Tax % | 14 | 23 | 22 | 49 | 27 | 23 | 26 | 24 | 25 | 26 | 28 | 25 | 25 |
| Net Profit | 38 | 3 | 3 | 2 | 2 | 4 | 4 | 5 | 8 | 11 | 13 | 18 | 20 |
| EPS in Rs | 12 | 0.78 | 0.86 | 0.76 | 0.54 | 1.17 | 1.25 | 1.43 | 2.37 | 3.52 | 4.01 | 5.78 | 6.33 |
| Diluted EPS in Rs | 1.43 | 2.38 | 3.52 | 4.01 | 5.78 | 6.33 |
Profit & loss
Yearly sales, costs and profit for 12 years, plus the last 12 months (TTM). ₹ crore.
| Line item | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 279 | 299 | 310 | 513 | 569 | 562 | 787 | 1,574 | 1,847 | 1,429 | 1,626 | 2,378 | 2,597 |
| Expenses | 269 | 290 | 295 | 500 | 550 | 547 | 769 | 1,543 | 1,812 | 1,399 | 1,589 | 2,272 | 2,469 |
| Material Cost | 1,508 | 2,191 | |||||||||||
| Change in Inventories | -1.00 | -20 | |||||||||||
| Purchases of Stock-in-Trade | 0 | 0 | |||||||||||
| Employee Cost | 15 | 16 | |||||||||||
| Other Expenses | 67 | 85 | |||||||||||
| Operating Profit | 10 | 9 | 14 | 13 | 19 | 15 | 19 | 30 | 35 | 30 | 37 | 106 | 128 |
| OPM % | 3.50 | 3 | 4.70 | 2.50 | 3.40 | 2.70 | 2.40 | 1.90 | 1.90 | 2.10 | 2.30 | 4.50 | 4.90 |
| Other Income | 7 | 7 | 2 | 12 | 1 | 1 | 0 | 1 | 1 | 45 | 6 | 5 | 3 |
| Exceptional items (within Other Income) | 0 | 0 | |||||||||||
| Interest | 8 | 8 | 6 | 4 | 8 | 10 | 8 | 12 | 15 | 13 | 17 | 36 | 39 |
| Depreciation | 6 | 6 | 5 | 4 | 4 | 5 | 6 | 6 | 6 | 6.63 | 7.06 | 7 | 8 |
| Profit before tax | 2 | 2 | 5 | 17 | 9 | 1 | 5 | 13 | 14 | 56 | 19 | 68 | 84 |
| Tax % | -20 | -14 | -3 | 24 | 26 | 12 | 33 | 17 | 30 | 18 | 25 | 26 | |
| Net Profit | 3 | 3 | 5 | 13 | 6 | 1 | 3 | 11 | 10 | 46 | 14 | 50 | 63 |
| EPS in Rs | 0.54 | 0.39 | 1.68 | 3.97 | 1.98 | 0.33 | 1.09 | 3.46 | 3.17 | 14 | 4.38 | 16 | 20 |
| Diluted EPS in Rs | 4.38 | 16 | |||||||||||
| Dividend Payout % | 56 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 |
Compounded growth
Average yearly growth over different spans, as stored. A span can cross a demerger or an acquisition.
Compounded sales growth
- 10 years
- 23%
- 5 years
- 25%
- 3 years
- 9%
- TTM
- 49%
Compounded profit growth
- 10 years
- 36%
- 5 years
- 68%
- 3 years
- 67%
- TTM
- 216%
Stock price CAGR
- 10 years
- 37%
- 5 years
- 55%
- 3 years
- 88%
- 1 year
- 353%
Return on equity
- 10 years
- 7%
- 5 years
- 10%
- 3 years
- 11%
- Last year
- 20%
Balance sheet
What the company owns and what it owes, at the end of each year. ₹ crore.
| Line item | 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 | 6.40 | 6.40 | 6 |
| Reserves | 207 | 208 | 97 | 109 | 116 | 117 | 120 | 131 | 141 | 187 | 201 | 251 |
| Borrowings | 123 | 102 | 76 | 46 | 114 | 66 | 155 | 179 | 220 | 101 | 275 | 259 |
| Other Liabilities | 8 | 13 | 14 | 5 | 6 | 14 | 21 | 35 | 56 | 39 | 38 | 118 |
| Minority Interest | 0 | 0 | ||||||||||
| Total Liabilities | 351 | 336 | 193 | 166 | 241 | 203 | 302 | 351 | 424 | 334 | 521 | 635 |
| Fixed Assets | 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 |
| Other Assets | 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
Real money coming in and going out each year — from the business, from investments and from loans. ₹ crore.
| Line item | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | -17 | 23 | -14 | 28 | -48 | 49 | -76 | -4 | -40 | 96 | -144 | 59 |
| Cash from Investing Activity | -2 | 3 | 28 | 31 | -17 | -13 | -2 | -1 | 3 | 39 | -10 | -5 |
| Cash from Financing Activity | 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 | -151 | 50 |
Ratios
How fast customers pay, how long stock sits, and how well capital earns — year by year.
| Line item | 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 | |||
| Days Payable | 2 | 10 | 3 | 2 | 3 | 8 | 8 | 6 | 8 | |||
| Cash Conversion Cycle | 106 | 78 | 113 | 56 | 92 | 65 | 76 | 42 | 46 | 25 | 33 | 31 |
| 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 | 20 |
Price trend
The price as a Renko brick chart: small moves drop out so the bigger path stands out.
In the last 1 year the price has not moved enough to draw bricks (one brick is about ₹50.54). Try a longer range.
Every brick is the same size, about one typical day's move. A new brick needs a full brick's move; turning the other way needs two. Bricks show where the price went, not where it will go.
Open interestPRO
Where option traders are positioned on this stock.
Industry numbers
The numbers that matter most in this industry, from the company's own filings.
1 when an audit qualification is filed as repetitive
0.00flag
2026-03-31
the company's own unlisted debt securities in default at period end
0.00cr
2026-06-30
exports as % of revenue
18.00pct
2026-06-30
the company's own loans / revolving facilities in default at period end (standalone filing)
0.00cr
2026-06-30
net debt from the filed balance sheet at the newest year end: Borrowings − Cash Equivalents − Investments (Current); negative = net cash
258inr_cr
2026-03-31
guarantees / comfort given for promoter, promoter group, directors and KMP
0.00cr
2026-03-31
loans outstanding to promoter, promoter group, directors and KMP (governance filing)
0.16cr
2026-03-31
security given for the borrowing of promoter, promoter group, directors and KMP
0.00cr
2026-03-31
News
News and filings about Bhagyanagar India Limited. Open one to see why it matters.
No recent news for this company.
Supply chain
Who it buys from, sells to and competes with — as recorded in our map of company links.
Competes with
Uses as raw material
- Copper / copper scrap
- Cotton tape
- Mica insulation
Depends on the price of
- copper
Sells to
- Amara Raja Energy & Mobility Limited · value-added copper products
- Bosch Limited · copper auto-electrical components (field coils, commutators)
- Emmvee Solar · copper fins and solar-related copper products
- HBL Engineering Limited · value-added copper products
- Lucas TVS · copper field coils, armature pins, commutators (auto-electrical)
Buys from
- Surana Solar Limited · solar related products
- Surana Telecom and Power Limited · solar power
About
What the company is, from our own records: where it sits, where it makes things, and what it is made of.
- Sector
- Metals & Mining
- Industry
- Copper
- Classification
- Metals & Mining › Copper
- ISIN
- INE458B01036
Plants
- Copper Division - Bhagyanagar India Limited · Hyderabad, Telangana
- Wind Power Division - Kapatgudda · Gadag District, Karnataka
News impact
Big market events that reach Bhagyanagar India Limited, and how the effect spreads.
15 Sept, 19:30 IST · Market event · medium impact
EU votes to scrap carbon levy brake
The EU parliament voted to remove the pause button on its carbon import levy, so Indian steel and aluminium sellers to Europe face higher costs and thinner profits, while EU-based producers gain shelter from cheaper imports.
Who it hits first
- The EU parliament voted to scrap the emergency brake in its carbon border levy (CBAM) — the safety clause that could pause the duty during a crisis. Without that brake, the levy lands firmly on carbon-heavy imports, chiefly steel and aluminium. For Indian steel and aluminium makers that sell into Europe, this means paying the carbon charge in full: either EU buyers pay more and order less, or Indian exporters swallow the cost and earn less per tonne. The vote is not yet law — member states disagree, so weeks of negotiation lie ahead — but the direction is toward a stricter, not softer, levy.
Who may gain
- Steel and aluminium producers based inside the EU gain shelter, since imported metal now carries a fuller carbon cost and their own output looks more competitive. Among Indian names, the relatively insulated are domestic-focused makers with little EU exposure, and Hindalco partly: its European arm (Novelis) sits inside the shelter even as its Indian aluminium exports face the levy. No Indian company clearly gains sales from this vote.
Along the supply chain
Downstream
European end-users of steel and aluminium — car makers, builders, packaging firms — pay more for metal, while Indian engineering and construction buyers could see marginally cheaper domestic steel if export volumes get diverted home.
Upstream
If EU-bound steel output softens, miners of steel inputs (iron ore, coking coal) see slightly weaker order books from steel plants over the coming quarter, though domestic and Asian demand cushions most of the hit.
Where demand moves
Business
EU buyers of Indian steel and aluminium face higher all-in prices as the carbon charge firms up, so they order less from India or demand discounts; displaced Indian metal gets pushed toward home, Middle East and Asian buyers, which can soften domestic steel prices and trim margins even for makers that never export to Europe.
Capital
Short-term money is likely to step back from export-exposed steel and aluminium names and rotate toward domestic-demand metals, capital-goods users of cheaper steel, or defensive sectors until the parliament-council negotiation clarifies how strict the final levy will be.
How it spreads across sectors
Capital Goods
Mild positive at the margin: diverted steel supply could mean steadier, cheaper domestic steel for equipment and project makers.
Metals & Mining
Direct negative: steel and aluminium exporters face higher EU costs or lower EU volumes; sentiment weighs on the whole sector near term.
Power
Neutral to slightly soft: any dip in steel-plant output trims power and coal demand a touch, but the effect is small against total consumption.
Services
Neutral to slightly soft: lower EU-bound metals volumes mean marginally less freight and port handling on those routes.
Commodity angle
Commodity
steel
Note
Demand/realisation shock, not input-cost: the EU parliament vote removes the CBAM pause mechanism, raising EU landed costs for Indian steel and aluminium. Direction is set from policy (negative for exporters). No steel edge carries cost_weight_pct, so no margin bps is computable and none is invented. The vote faces a member-state clash and is not final.
Price updated at
2026-09-15T11:56:57.642Z
Shock type
demand
Unit
USD/short ton
When it plays out
Immediate
1-7 days: export-exposed steel and aluminium stocks slip 1-3% on sentiment as markets price a stricter levy; watch for member-state responses and EU buyer commentary.
Medium term
1-6 months: final CBAM terms settle; exporters adjust pricing and destinations, margin impact shows in quarterly results, and talk of low-carbon (green steel) upgrades picks up.
Short term
1-4 weeks: parliament-council negotiation signals how much of the brake removal survives; exporters comment on EU order books and whether they will absorb, pass through, or reroute volumes.
Dividends, splits & big trades
Money paid out, share splits and buybacks, and big buys or sells by funds and insiders.
Dividends
| 8 Oct 2026 | demerger | ₹0 |
|---|
Splits, bonuses & buybacks
- gap-open0.08579914200857991× · 8 Oct 2026
- daily-prices repair: 8 rows from NSE's archive (replace 1, delete 1, insert 6), 2020-02-01..2026-02-01 (docs/flat_day_repair.md)1× · 1 Feb 2020
Documents
Annual reports, results presentations and earnings calls, straight from the source.
- Earnings call30 Jul 2026
- Results presentation30 Jun 2026
- Annual report · 2024-2516 Sep 2025
Facts from company filings and exchange data. Not investment advice: nothing here tells you to buy or sell.