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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 book
Market 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%
CategoryJun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Promoters71.75%71.75%71.75%71.75%71.75%71.75%71.75%71.77%0.0
FIIs0%0.21%0.20%0.20.02%0.00.02%0.13%0.10.94%0.80.44%0.5
DIIs0%0%0%0%0%0%0%0%
Public28.25%28.05%0.228.25%0.228.23%0.028.23%28.12%0.127.32%0.827.8%0.5

Financial Statements

MetricDec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Sales112183113129172184158205242267
Expenses98168101116143153140181222236
Operating Profit14151214283118242031
OPM %13%8%10%11%16%17%12%11%8%12%
Net Profit8767131712121214
EPS ₹1.911.651.41.542.963.782.752.792.753.23

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%.

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