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Last Updated on: 21 December, 2024
Author: Getaka|Social: Getaka Financial Technology X (Earlier Twitter) Profile Getaka Financial Technology LinkedIn Logo

Bhageria Industries Ltd: Fundamental Analysis, Share Price Insights & Intrinsic Value (2024)

Share Price and Basic Stock Data

Last Updated: December 21, 2024, 2:47 am

Market Cap 868 Cr.
Current Price 199
High / Low 287/140
Stock P/E30.6
Book Value 121
Dividend Yield0.50 %
ROCE5.12 %
ROE3.74 %
Face Value 5.00
PEG Ratio-1.10

Stock P/E, Current Price, and Intrinsic Value Over Time

View Share Price Target for

Competitors of

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
Dynamic Industries Ltd 32.3 Cr. 107 124/64.034.0 1570.47 %0.04 %0.49 % 10.0
Daikaffil Chemicals India Ltd 144 Cr. 240 261/72.0 16.10.00 %17.3 %17.4 % 10.0
Amal Ltd 554 Cr. 448 489/29664.3 61.40.00 %6.58 %2.42 % 10.0
Vidhi Specialty Food Ingredients Ltd 2,715 Cr. 544 570/38271.4 58.00.37 %17.3 %13.8 % 1.00
Ushanti Colour Chem Ltd 63.0 Cr. 56.0 70.2/49.8 38.60.00 %0.21 %5.88 % 10.0
Industry Average1,410.00 Cr352.2680.49162.220.23%8.57%7.14%8.24

All Competitor Stocks of

Quarterly Result

MonthDec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Sales112.77128.50109.27140.14169.15177.66108.12154.6293.68145.0797.50102.56111.97
Expenses77.9897.7587.41114.72131.00147.1496.60142.2680.45126.9491.3294.1797.93
Operating Profit34.7930.7521.8625.4238.1530.5211.5212.3613.2318.136.188.3914.04
OPM %30.85%23.93%20.01%18.14%22.55%17.18%10.65%7.99%14.12%12.50%6.34%8.18%12.54%
Other Income0.891.771.672.402.732.250.442.220.790.163.563.555.79
Interest0.220.180.230.250.360.441.091.140.750.710.580.270.21
Depreciation6.397.056.347.077.088.088.138.178.219.927.707.718.07
Profit before tax29.0725.2916.9620.5033.4424.252.745.275.067.661.463.9611.55
Tax %22.88%28.15%24.65%26.63%26.73%24.99%11.68%26.00%26.09%34.73%11.64%28.28%27.97%
Net Profit22.4318.1612.7715.0524.4918.192.413.903.735.001.292.838.32
EPS in Rs5.144.162.933.455.614.170.550.890.851.150.300.651.91

Last Updated: Unknown

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: Unknown

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales63129369412238347367462414399596501439
Expenses62126345357212285287337316296480447393
Operating Profit142456276280125981031165546
OPM %2%3%6%14%11%18%22%27%24%26%19%11%10%
Other Income001321012564948
Interest1112126421132
Depreciation11113623222326293434
Profit before tax-1223552465621047981952118
Tax %30%29%32%33%35%33%35%31%16%23%26%27%
Net Profit-011537154340726662701513
EPS in Rs-0.150.404.8411.514.8213.6212.6516.4015.0814.3116.153.452.95
Dividend Payout %-85%51%18%11%26%18%22%18%20%24%25%29%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2013-20142014-20152015-20162016-20172017-20182018-20192019-20202020-20212021-20222022-2023
YoY Net Profit Growth (%)1400.00%146.67%-59.46%186.67%-6.98%80.00%-8.33%-6.06%12.90%-78.57%
Change in YoY Net Profit Growth (%)0.00%-1253.33%-206.13%246.13%-193.64%86.98%-88.33%2.27%18.96%-91.47%

has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 10 years from 2013-2014 to 2022-2023.

Growth

Compounded Sales Growth
10 Years:3%
5 Years:1%
3 Years:7%
TTM:22%
Compounded Profit Growth
10 Years:2%
5 Years:-23%
3 Years:-33%
TTM:120%
Stock Price CAGR
10 Years:21%
5 Years:16%
3 Years:-7%
1 Year:19%
Return on Equity
10 Years:14%
5 Years:10%
3 Years:7%
Last Year:4%

Last Updated: Unknown

Balance Sheet

Last Updated: November 15, 2024, 1:36 am

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Sep 2024
Equity Capital88888811222222222222
Reserves15275970257287331380430485483498506
Borrowings144117151458423212718373811
Other Liabilities204240471151161011039111187116125
Total Liabilities57118124139525495467526570636628673664
Fixed Assets571823269299287331320394365348347
CWIP0004184151845081716
Investments00213329110048132428
Other Assets521118580209190155176201234241284272
Total Assets57118124139525495467526570636628673664

Reserves and Borrowings Chart

Cash Flow

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Cash from Operating Activity +-32383256401375962851334
Cash from Investing Activity +-0-2-31-27-17131-50-45-44-55-26-32
Cash from Financing Activity +-225-29-11124-77-88-10-8-26-1-5
Net Cash Flow-625-22-610-6-13104-15-3

Free Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Free Cash Flow1.00-10.00-17.0039.0012.00-83.00-4.00102.0077.0076.0098.0018.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Debtor Days6753396955875069846093115
Inventory Days452737464052255763644548
Days Payable674642815787537761584166
Cash Conversion Cycle443434343851224986669697
Working Capital Days763934412087399111081114148
ROCE %9%43%70%28%24%17%29%20%18%19%4%5%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthDec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
Promoters71.29%71.43%71.44%71.44%71.44%71.75%71.75%71.75%71.75%71.75%71.75%71.75%
FIIs0.06%0.02%0.04%0.01%0.01%0.00%0.00%0.00%0.00%0.01%0.00%0.21%
Public28.65%28.55%28.53%28.55%28.56%28.25%28.25%28.25%28.25%28.23%28.25%28.05%
No. of Shareholders14,56114,98115,40615,55915,43615,08314,23314,30614,90916,58716,19616,992

Shareholding Pattern Chart

No. of Shareholders

This stock is not held by any mutual fund

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 24Mar 23Mar 22Mar 21Mar 20
FaceValue5.005.005.005.005.00
Basic EPS (Rs.)4.373.3816.1714.3615.08
Diluted EPS (Rs.)4.373.3816.1714.3615.08
Cash EPS (Rs.)11.5111.2622.7220.2820.34
Book Value[Excl.RevalReserv]/Share (Rs.)118.89115.57116.17103.4992.15
Book Value[Incl.RevalReserv]/Share (Rs.)118.89115.57116.17103.4992.15
Revenue From Operations / Share (Rs.)113.26114.90137.7792.1094.78
PBDIT / Share (Rs.)13.7113.3628.8024.7423.64
PBIT / Share (Rs.)6.445.4722.2518.8218.38
PBT / Share (Rs.)6.024.6721.8318.5818.00
Net Profit / Share (Rs.)4.253.3716.1814.3615.08
NP After MI And SOA / Share (Rs.)4.373.3816.1714.3615.08
PBDIT Margin (%)12.1011.6320.9026.8624.94
PBIT Margin (%)5.684.7616.1520.4319.39
PBT Margin (%)5.314.0615.8420.1618.98
Net Profit Margin (%)3.742.9311.7415.5815.90
NP After MI And SOA Margin (%)3.852.9411.7315.5815.90
Return on Networth / Equity (%)3.672.9213.9213.8716.36
Return on Capital Employeed (%)4.984.3617.6616.7117.94
Return On Assets (%)2.822.3310.9210.9012.50
Long Term Debt / Equity (X)0.010.000.000.000.00
Total Debt / Equity (X)0.090.070.060.060.05
Asset Turnover Ratio (%)0.750.780.980.720.00
Current Ratio (X)2.742.832.512.432.15
Quick Ratio (X)2.352.321.831.981.67
Inventory Turnover Ratio (X)5.586.286.495.010.00
Dividend Payout Ratio (NP) (%)22.89118.3921.6420.898.99
Dividend Payout Ratio (CP) (%)8.5935.4915.4014.796.66
Earning Retention Ratio (%)77.11-18.3978.3679.1191.01
Cash Earning Retention Ratio (%)91.4164.5184.6085.2193.34
Interest Coverage Ratio (X)32.2816.5568.22102.2561.55
Interest Coverage Ratio (Post Tax) (X)11.005.1739.3260.3340.26
Enterprise Value (Cr.)673.83529.53973.84697.28346.95
EV / Net Operating Revenue (X)1.361.061.621.730.83
EV / EBITDA (X)11.269.087.756.463.36
MarketCap / Net Operating Revenue (X)1.281.021.611.710.81
Retention Ratios (%)77.10-18.3978.3579.1091.00
Price / BV (X)1.221.021.901.520.83
Price / Net Operating Revenue (X)1.281.021.611.710.81
EarningsYield0.030.020.070.090.19

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of as of December 21, 2024 is: 139.17

Calculation basis:

  • Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of December 21, 2024, is Overvalued by 30.07% compared to the current share price 199.00

Intrinsic Value of as of December 21, 2024 is: 100.42

Calculation basis:

  • Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
  • EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of December 21, 2024, is Overvalued by 49.54% compared to the current share price 199.00

Last 5 Year EPS CAGR: -27.84%

*Investments are subject to market risks

Strength and Weakness

StrengthWeakness
  1. The stock has a high average ROCE of 23.83%, which is a positive sign.
  2. The company has higher reserves (294.46 cr) compared to borrowings (37.77 cr), indicating strong financial stability.
  3. The company has shown consistent growth in sales (364.31 cr) and profit (48.31 cr) over the years.
  1. The stock has a high average Working Capital Days of 73.33, which may not be favorable.
  2. The stock has a high average Cash Conversion Cycle of 54.25, which may not be favorable.
  • Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in :
    1. Net Profit Margin: 3.74%
      • Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
    2. ROCE: 4.98% (Industry Average ROCE: 8.57%)
      • ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
    3. ROE%: 3.67% (Industry Average ROE: 7.14%)
      • ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
    4. Interest Coverage Ratio (Post Tax): 11
      • Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
    5. Quick Ratio: 2.35
      • Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
    6. Stock P/E: 30.6 (Industry average Stock P/E: 80.49)
      • Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
    7. Total Debt / Equity: 0.09
      • Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
    The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
    Stock Rating:

About the Company - Qualitative Analysis

Bhageria Industries Ltd. is a Public Limited Listed company incorporated on 12/07/1989 and has its registered office in the State of Maharashtra, India. Company’s Corporate Identification Number(CIN) is L40300MH1989PLC052574 and registration number is 052574. Currently Company is involved in the business activities of Electric power generation using solar energy. Company’s Total Operating Revenue is Rs. 596.22 Cr. and Equity Capital is Rs. 21.82 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Dyes & PigmentsOffice No-1002, 10th Floor, Near Railway Station, Mumbai Maharashtra 400062info@bhageriagroup.com
http://www.bhageriagroup.com
Management
NamePosition Held
Mr. Suresh BhageriaChairman & Executive Director
Mr. Vinod BhageriaManaging Director
Mr. Vikas BhageriaJt. Managing Director & Whole Time Director
Ms. Ameya JadhavInd. Non-Executive Director
Mr. Vikas GoelInd. Non-Executive Director
Mr. M M ChitaleInd. Non-Executive Director
Prof. (Dr) G D YadavInd. Non-Executive Director

FAQ

What is the latest intrinsic value of ?

The latest intrinsic value of as on 21 December 2024 is ₹139.17, which is 30.07% lower than the current market price of ₹199.00. The stock has a market capitalization of 868 Cr. and recorded a high/low of 287/140 during the current fiscal year 2024-2025. As of Sep 2024, the company has reserves of ₹506 Cr and total liabilities of ₹664 Cr.

What is the Market Cap of ?

The Market Cap of is 868 Cr..

What is the current Stock Price of as on 21 December 2024?

The current stock price of as on 21 December 2024 is 199.

What is the High / Low of stocks in FY 2024-2025?

In FY 2024-2025, the High / Low of stocks is 287/140.

What is the Stock P/E of ?

The Stock P/E of is 30.6.

What is the Book Value of ?

The Book Value of is 121.

What is the Dividend Yield of ?

The Dividend Yield of is 0.50 %.

What is the ROCE of ?

The ROCE of is 5.12 %.

What is the ROE of ?

The ROE of is 3.74 %.

What is the Face Value of ?

The Face Value of is 5.00.

About the Author

Author Avatar
Getaka

Getaka, CFA, a financial analyst with 15 years of experience in the industry. Getaka holds an MBA degree and the Chartered Financial Analyst designation, demonstrating his profound understanding of financial analysis and investment management. Throughout his career, he has conducted numerous financial analyses and due diligence processes for companies in the industry, and has a strong track record of identifying key trends and opportunities. He leverages his expertise to deliver a thorough financial analysis of a company, encompassing its financial performance, key ratios, future prospects, and risks. Getaka is committed to providing accurate, reliable, and trustworthy information to help readers make informed decisions about their finances and investments.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in . Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE