Bhageria Industries Ltd
NSE: BHAGERIA BSE: 530803Energy
Incorporated in 1989, Bhageria Industries Ltd is in the business of Chemicals and Solar power generation & distribution[1]
₹150
52W: ₹128 — ₹246
PE 13 · Book ₹138 · +9% vs bookMarket Cap₹657 Cr
Stock P/E13Price to Earnings
ROCE11.7%Return on Capital
ROE8.69%Return on Equity
Div. Yield0.99%Face Value ₹5
Strengths
- +Company has reduced debt.
- +Company is almost debt free.
- +Stock is trading at 1.10 times its book value
- +Company is expected to give good quarter
- +Company has been maintaining a healthy dividend payout of 19.8%
- +Debtor days have improved from 98.3 to 66.8 days.
Weaknesses
- −Company has a low return on equity of 6.47% over last 3 years.
Shareholding Pattern
Promoters71.77%
FIIs0.44%
DIIs0%
Public27.8%
| Category | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters | 71.75% | 71.75% | 71.75% | 71.75% | 71.75% | 71.75% | 71.75% | 71.77%▲0.0 |
| FIIs | 0% | 0.21%▲0.2 | 0%▼0.2 | 0.02%▲0.0 | 0.02% | 0.13%▲0.1 | 0.94%▲0.8 | 0.44%▼0.5 |
| DIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 28.25% | 28.05%▼0.2 | 28.25%▲0.2 | 28.23%▼0.0 | 28.23% | 28.12%▼0.1 | 27.32%▼0.8 | 27.8%▲0.5 |
Financial Statements
| Metric | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 112 | 183 | 113 | 129 | 172 | 184 | 158 | 205 | 242 | 267 |
| Expenses | 98 | 168 | 101 | 116 | 143 | 153 | 140 | 181 | 222 | 236 |
| Operating Profit | 14 | 15 | 12 | 14 | 28 | 31 | 18 | 24 | 20 | 31 |
| OPM % | 13% | 8% | 10% | 11% | 16% | 17% | 12% | 11% | 8% | 12% |
| Net Profit | 8 | 7 | 6 | 7 | 13 | 17 | 12 | 12 | 12 | 14 |
| EPS ₹ | 1.91 | 1.65 | 1.4 | 1.54 | 2.96 | 3.78 | 2.75 | 2.79 | 2.75 | 3.23 |
AI Insights
Revenue Trend
Mar 2026 revenue at ₹871Cr, up 45.9% YoY. OPM at 11%.
Debt Position
Borrowings at ₹8Cr. Debt-to-equity ratio: 0.01x. Healthy balance sheet.
Capex Cycle
CWIP at ₹17Cr (5% of fixed assets). Moderate ongoing capital expenditure.
Institutional Flow
DIIs: 0% (+0.00pp change). FIIs: 0.44% (+0.44pp change). Promoters hold 71.77%.
Margin & Efficiency
ROCE declining from 70% (Mar 2015) to 12% (Mar 2026). Working capital days: 82.
Valuation
PE 13x with 11.7% ROCE. Price is 9% above book value of ₹138. Dividend yield: 0.99%.
Recent Announcements
- Announcement Under Regulation 30 (LODR)_ Update 1d - SAT adjourned SEBI matter to July 28-30, 2026; March 31, 2023 order remains stayed.
- Announcement Under Regulation 30 (LODR)-Update 2d - Bhageria Industries shifted its registered office within Mumbai to Malad West effective May 15, 2026.
- Announcement Under Regulation 30 (LODR)-Update 14 May - Bhageria Industries incorporated wholly owned subsidiary Bhageria Rare Earth Minerals Private Limited on May 14, 2026.
- Announcement Under Regulation 30 , 2015 (Update) 4 May - Audited standalone and consolidated results for quarter and FY ended March 31, 2026 published May 4.
- Announcement under Regulation 30 (LODR)-Change in Management 2 May - Board approved FY26 audited results, recommended Rs2.50 dividend, and appointed internal and cost auditors.
- Financial Year 2025 from bse
- Financial Year 2024 from bse
- Financial Year 2023 from bse