Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
post
Last Updated on: 30 May, 2024|Author: Getaka | Social: X Twitter Profile

Fundamental Analysis of Bhageria Industries Ltd

About the Company - Bhageria Industries Ltd

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 Prakash JadhavInd. Non-Executive Director
Mr. Surendra Shriram GuptaInd. Non-Executive Director
Mr. Mukund Manohar ChitaleInd. Non-Executive Director
Prof. (Dr) Ganapati Dadasaheb YadavInd. Non-Executive Director

Basic Stock Data of Bhageria Industries Ltd

Last Updated: May 13, 2024, 2:50 pm

Market Cap 687 Cr.
Current Price 157
High / Low205/121
Stock P/E39.4
Book Value 115
Dividend Yield0.64 %
ROCE4.04 %
ROE2.72 %
Face Value 5.00
PEG Ratio-1.42

Bhageria Industries Ltd Quarterly Results

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: May 11, 2024, 3:45 pm

Bhageria Industries Ltd Quarterly Chart

Bhageria Industries Ltd Profit & Loss

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%

Bhageria Industries Ltd Profit & Loss Yearly Chart

Bhageria Industries Ltd Growth

Compounded Sales Growth
10 Years:15%
5 Years:6%
3 Years:7%
TTM:-14%
Compounded Profit Growth
10 Years:27%
5 Years:-19%
3 Years:-41%
TTM:-38%
Stock Price CAGR
10 Years:26%
5 Years:3%
3 Years:-6%
1 Year:31%
Return on Equity
10 Years:16%
5 Years:13%
3 Years:10%
Last Year:3%

Last Updated: May 13, 2024, 2:50 pm

Bhageria Industries Ltd Balance Sheet

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital8888888112222222222
Reserves1515275970257287331380430485483482
Borrowings11144117151458423212718373
Other Liabilities14204240471151161011039111187105
Total Liabilities4757118124139525495467526570636628612
Fixed Assets5571823269299287331320394365350
CWIP000041841518450817
Investments0002133291100481318
Other Assets43521118580209190155176201234241227
Total Assets4757118124139525495467526570636628612

Bhageria Industries Ltd Reserves and Borrowings Chart

Bhageria Industries Ltd Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Cash from Operating Activity 1-323832564013759628513
Cash from Investing Activity -0-0-2-31-27-17131-50-45-44-55-26
Cash from Financing Activity 4-225-29-11124-77-88-10-8-26-1
Net Cash Flow5-625-22-610-6-13104-15

Bhageria Industries Ltd Financial Efficiency Indicators

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Debtor Days976753396955875069846093
Inventory Days534527374640522557636445
Days Payable856746428157875377615841
Cash Conversion Cycle654434343438512249866696
Working Capital Days126763934412087399111081114
ROCE %3%9%43%70%28%24%17%29%20%18%19%4%

Bhageria Industries Ltd Financial Efficiency Indicators Chart

Bhageria Industries Ltd Share Holding Pattern

MonthJun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
Promoters70.91%71.07%71.29%71.43%71.44%71.44%71.44%71.75%71.75%71.75%71.75%71.75%
FIIs0.00%0.00%0.06%0.02%0.04%0.01%0.01%0.00%0.00%0.00%0.00%0.01%
Public29.09%28.92%28.65%28.55%28.53%28.55%28.56%28.25%28.25%28.25%28.25%28.23%
No. of Shareholders13,91015,23114,56114,98115,40615,55915,43615,08314,23314,30614,90916,587

Bhageria Industries Ltd Shareholding Pattern Chart

No. of Bhageria Industries Ltd Shareholders

This stock is not held by any mutual fund

Bhageria Industries Ltd ROCE Trend

Bhageria Industries Ltd EPS Trend

Bhageria Industries Ltd Key Financial Ratios

MonthMar 23Mar 22Mar 21Mar 20
FaceValue5.005.005.005.00
Basic EPS (Rs.)3.3816.1714.3615.08
Diluted EPS (Rs.)3.3816.1714.3615.08
Cash EPS (Rs.)11.2622.7220.2820.34
Book Value[Excl.RevalReserv]/Share (Rs.)115.62116.17103.4992.15
Book Value[Incl.RevalReserv]/Share (Rs.)115.62116.17103.4992.15
Revenue From Operations / Share (Rs.)114.90137.7792.1094.78
PBDIT / Share (Rs.)13.3628.8024.7423.64
PBIT / Share (Rs.)5.4722.2518.8218.38
PBT / Share (Rs.)4.6721.8318.5818.00
Net Profit / Share (Rs.)3.3716.1814.3615.08
NP After MI And SOA / Share (Rs.)3.3816.1714.3615.08
PBDIT Margin (%)11.6320.9026.8624.94
PBIT Margin (%)4.7616.1520.4319.39
PBT Margin (%)4.0615.8420.1618.98
Net Profit Margin (%)2.9311.7415.5815.90
NP After MI And SOA Margin (%)2.9411.7315.5815.90
Return on Networth / Equity (%)2.9213.9213.8716.36
Return on Capital Employeed (%)4.3617.6616.7117.94
Return On Assets (%)2.3310.9210.9012.50
Total Debt / Equity (X)0.070.060.060.05
Asset Turnover Ratio (%)0.780.980.720.00
Current Ratio (X)2.832.512.432.15
Quick Ratio (X)2.321.831.981.67
Inventory Turnover Ratio (X)6.286.495.010.00
Dividend Payout Ratio (NP) (%)118.3921.6420.898.99
Dividend Payout Ratio (CP) (%)35.4915.4014.796.66
Earning Retention Ratio (%)-18.3978.3679.1191.01
Cash Earning Retention Ratio (%)64.5184.6085.2193.34
Interest Coverage Ratio (X)16.5568.22102.2561.55
Interest Coverage Ratio (Post Tax) (X)5.1739.3260.3340.26
Enterprise Value (Cr.)529.53973.84697.28346.95
EV / Net Operating Revenue (X)1.061.621.730.83
EV / EBITDA (X)9.087.756.463.36
MarketCap / Net Operating Revenue (X)1.021.611.710.81
Retention Ratios (%)-18.3978.3579.1091.00
Price / BV (X)1.021.901.520.83
Price / Net Operating Revenue (X)1.021.611.710.81
EarningsYield0.020.070.090.19

Bhageria Industries Ltd Profitability Ratios (%)

Bhageria Industries Ltd Liquidity Ratios

Bhageria Industries Ltd Liquidity Ratios (%)

Bhageria Industries Ltd Interest Coverage Ratios (%)

Bhageria Industries Ltd Valuation Ratios

Fair Value

Fair Value: ₹124.03

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.

Overvalued: 21.00% compared to the current price ₹157

Intrinsic Value: ₹89.50

Calculation basis:

  • Fair 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 fair value of the stock by analyzing its fundamental indicators along with EPS growth.

Overvalued: 42.99% compared to the current price ₹157

Last 5 Year EPS CAGR: -27.84%

*Investments are subject to market risks

Strength and Weakness of Bhageria Industries Ltd Stock

StrengthWeakness
  1. The stock has a high average ROCE of 23.67%, which is a positive sign.
  2. The company has higher reserves (255.46 cr) compared to borrowings (35.08 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 71.50, which may not be favorable.
  2. The stock has a high average Cash Conversion Cycle of 51.58, which may not be favorable.

FAQ

What is the latest fair value of Bhageria Industries Ltd?

The latest fair value of Bhageria Industries Ltd is ₹124.03.

What is the Market Cap of Bhageria Industries Ltd?

The Market Cap of Bhageria Industries Ltd is 687 Cr..

What is the current Stock Price of Bhageria Industries Ltd as on 18 May 2024?

The current stock price of Bhageria Industries Ltd as on 18 May 2024 is 157.

What is the High / Low of Bhageria Industries Ltd stocks in FY 2024?

In FY 2024, the High / Low of Bhageria Industries Ltd stocks is ₹205/121.

What is the Stock P/E of Bhageria Industries Ltd?

The Stock P/E of Bhageria Industries Ltd is 39.4.

What is the Book Value of Bhageria Industries Ltd?

The Book Value of Bhageria Industries Ltd is 115.

What is the Dividend Yield of Bhageria Industries Ltd?

The Dividend Yield of Bhageria Industries Ltd is 0.64 %.

What is the ROCE of Bhageria Industries Ltd?

The ROCE of Bhageria Industries Ltd is 4.04 %.

What is the ROE of Bhageria Industries Ltd?

The ROE of Bhageria Industries Ltd is 2.72 %.

What is the Face Value of Bhageria Industries Ltd?

The Face Value of Bhageria Industries Ltd 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 Bhageria Industries Ltd. 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