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Last Updated: April 2, 2026, 4:14 am
Author: Getaka|Social: XLinkedIn
Stock Ticker - BSE: 531719 | NSE: BHAGCHEM

Bhagiradha Chemicals & Industries Ltd: Intrinsic Value & Share Price Analysis

Fair Value

₹226.61Undervalued by 15.62%vs CMP ₹196.00

P/E (105.0) × ROE (4.9%) × BV (₹54.90) × DY (0.08%)

₹75.18Overvalued by 61.64%vs CMP ₹196.00
MoS: -160.7% (Negative)Confidence: 63/100 (Moderate)Models: 1 Fair, 8 Over
ModelCategoryValueWeightSignal
PE-ROEEarnings₹199.9122%Fair (+2%)
Graham NumberEarnings₹48.0616%Over (-75.5%)
Earnings PowerEarnings₹11.4911%Over (-94.1%)
DCFCash Flow₹11.1113%Over (-94.3%)
Net Asset ValueAssets₹55.057%Over (-71.9%)
EV/EBITDAEnterprise₹31.479%Over (-83.9%)
Earnings YieldEarnings₹18.707%Over (-90.5%)
ROCE CapitalReturns₹114.639%Over (-41.5%)
Revenue MultipleRevenue₹33.715%Over (-82.8%)
Consensus (9 models)₹75.18100%Overvalued
Key Drivers: P/E of 105 makes PE-ROE unreliable — asset/earnings models are better benchmarks. | ROE 4.9% is below cost of equity.

PE-ROE · Graham · EPV · DCF · NAV · EV/EBITDA · DDM · Earnings Yield · ROCE Capital · Revenue Multiple | CoE: 12% · Terminal: 4% · EPS CAGR: -11.8%

*Investments are subject to market risks

Investment Snapshot

41
Bhagiradha Chemicals & Industries Ltd scores 41/100 (Weak)
Based on 5 dimensions: health, institutional flow, earnings quality, momentum, and peer comparison
Stock Health53/100 · Moderate
ROCE 7.4% WeakROE 4.9% WeakD/E 0.37 ModerateInterest Coverage 0.0x RiskyProfitable 5/5 years Consistent
Smart Money60/100 · Moderate
FII holding up 0.16% (6mo) Slight increasePromoter holding at 19.6% Stable
Earnings Quality30/100 · Weak
OPM contracting (16% → 10%) DecliningWorking capital: 395 days Capital intensive
Quarterly Momentum50/100 · Moderate
Revenue (4Q): +17% YoY GrowingProfit (4Q): -20% YoY Declining
Industry Rank10/100 · Weak
P/E 105.0 vs industry 25.3 Premium to peersROCE 7.4% vs industry 15.2% Below peersROE 4.9% vs industry 19.9% Below peers3Y sales CAGR: 0% Shrinking

Weights: Health 30% · Earnings Quality 25% · Momentum 20% · Industry Rank 15% · Smart Money 10%. Scores are computed from reported financials and recalculated daily. Not investment advice.

Bhagiradha Chemicals & Industries Ltd Investor Signals

Computed from valuation, cash flow, balance sheet, ownership and quarterly trend data already available in this stock page.

Value Trap Score
70/100
High
Derived from: Cheapness + weak quality + weak cash support
Current data: P/E 105.0 vs Ind 25.3 | ROCE 7.4% | ROE 4.9% | CFO/NP N/A
Balance Sheet Stress
20/100
Comfortable
Derived from: Leverage + debt servicing + liquidity + debt trend
Current data: D/E 0.37x | IntCov 0.0x | Current 1.20x | Borrow/Reserve 0.13x
Cash Flow Reliability
14/100
Weak
Derived from: Cash backing of earnings + working capital pressure
Current data: CFO ₹0 Cr | NP ₹27 Cr | CFO/NP N/A
Ownership Accumulation
+50
Accumulation
Derived from: FII + DII + promoter direction, adjusted by crowding
Current data: FII +0.15 pp | DII +0.10 pp | Prom 0.00 pp
Business Momentum
-40
Early weakness
Derived from: Latest quarter sales + profit + OPM change
Current data: Q Sales -15.2% | Q NP -18.4% | Q OPM -0.6 pp
Derived FieldValueHow it is derived
Valuation Gap %-61.6%((Fair Value - CMP) / CMP) × 100
Borrowings / Reserves0.13xLatest borrowings divided by latest reserves
CFO / Net ProfitN/ALatest operating cash flow divided by latest net profit
FII Change+0.15 ppLatest FII% minus previous FII%
DII Change+0.10 ppLatest DII% minus previous DII%
Promoter Change0.00 ppLatest promoter% minus previous promoter%
Shareholder Count Change-380Latest shareholder count minus previous count
Quarterly Sales Change-15.2%Latest quarter sales vs previous quarter sales
Quarterly Profit Change-18.4%Latest quarter net profit vs previous quarter net profit
Quarterly OPM Change-0.6 ppLatest quarter OPM minus previous quarter OPM

Share Price and Basic Stock Data

Last Updated: April 2, 2026, 4:14 am

Market Cap 2,535 Cr.
Current Price 196
Intrinsic Value₹75.18
High / Low 331/170
Stock P/E105
Book Value 54.9
Dividend Yield0.08 %
ROCE7.44 %
ROE4.91 %
Face Value 1.00
PEG Ratio-8.91

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

View Share Price Target for Bhagiradha Chemicals & Industries Ltd

Competitors

Stock Name Market Cap Current Price High / Low Stock P/E Book Value Dividend Yield ROCE ROE Face Value
Bhagiradha Chemicals & Industries Ltd 2,535 Cr. 196 331/170105 54.90.08 %7.44 %4.91 % 1.00
Bharat Rasayan Ltd 2,171 Cr. 1,306 3,030/1,20215.3 7200.03 %15.5 %12.4 % 5.00
NACL Industries Ltd 3,081 Cr. 132 311/113 19.00.00 %7.80 %25.8 % 1.00
Insecticides India Ltd 1,696 Cr. 583 1,098/51912.5 4110.34 %17.2 %13.3 % 10.0
Epigral Ltd 3,749 Cr. 869 2,114/80611.1 4870.69 %24.9 %22.3 % 10.0
Industry Average9,472.25 Cr1,009.7725.27369.000.53%15.21%19.87%6.67

All Competitor Stocks of Bhagiradha Chemicals & Industries Ltd

Quarterly Result

MetricDec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Sales 126.00122.57100.01122.0174.37110.32110.78100.22102.73122.63123.78134.36113.92
Expenses 106.39104.2892.80108.4566.1996.3798.9490.4793.43115.39113.78120.15102.51
Operating Profit 19.6118.297.2113.568.1813.9511.849.759.307.2410.0014.2111.41
OPM % 15.56%14.92%7.21%11.11%11.00%12.65%10.69%9.73%9.05%5.90%8.08%10.58%10.02%
Other Income 0.620.510.420.481.382.533.645.245.506.103.500.550.74
Interest 0.841.551.722.261.572.141.341.652.291.362.933.332.13
Depreciation 2.452.512.612.702.822.832.822.913.113.103.363.433.50
Profit before tax 16.9414.743.309.085.1711.5111.3210.439.408.887.218.006.52
Tax % 28.57%33.38%33.33%30.62%28.63%29.37%36.13%24.45%24.15%41.89%-14.84%26.00%26.07%
Net Profit 12.099.822.206.293.698.127.237.877.135.168.295.924.83
EPS in Rs 1.160.940.210.600.350.780.580.630.570.400.640.460.37

Last Updated: March 3, 2026, 11:48 am

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: February 27, 2026, 1:35 am

MetricMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025TTM
Sales 174220152203183384246318436502407436495
Expenses 164209148191172343229271367424364398452
Operating Profit 1111411124117476878433843
OPM % 6%5%3%6%6%11%7%15%16%16%11%9%9%
Other Income 1112-81421252011
Interest 46777858958710
Depreciation 53443578910111213
Profit before tax 23-53-6299325165294031
Tax % 10%17%-39%61%-77%37%27%27%30%29%30%32%
Net Profit 23-31-1187233646202724
EPS in Rs 0.310.40-0.510.16-0.141.780.632.283.504.461.952.111.87
Dividend Payout % 26%20%0%0%0%9%0%0%7%9%5%7%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2014-20152015-20162016-20172017-20182018-20192019-20202020-20212021-20222022-20232023-20242024-2025
YoY Net Profit Growth (%)50.00%-200.00%133.33%-200.00%1900.00%-61.11%228.57%56.52%27.78%-56.52%35.00%
Change in YoY Net Profit Growth (%)0.00%-250.00%333.33%-333.33%2100.00%-1961.11%289.68%-172.05%-28.74%-84.30%91.52%

Bhagiradha Chemicals & Industries Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2014-2015 to 2024-2025.

Growth

Compounded Sales Growth
10 Years:7%
5 Years:12%
3 Years:0%
TTM:8%
Compounded Profit Growth
10 Years:27%
5 Years:40%
3 Years:-9%
TTM:12%
Stock Price CAGR
10 Years:43%
5 Years:56%
3 Years:27%
1 Year:-33%
Return on Equity
10 Years:9%
5 Years:10%
3 Years:8%
Last Year:5%

Last Updated: September 5, 2025, 2:41 pm

Balance Sheet

Last Updated: December 4, 2025, 2:31 am

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Sep 2025
Equity Capital 55558888810101313
Reserves 4344414694120124148182304407686699
Borrowings 53716264614743628150617793
Other Liabilities 4175719180985055718289138127
Total Liabilities 142195179206243274225273342446568914932
Fixed Assets 4852666977106138145149164176203215
CWIP 916000441365152
Investments 000000089428042410
Other Assets 8512711313816616483119181234306654305
Total Assets 142195179206243274225273342446568914932

Reserves and Borrowings Chart

Cash Flow

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Cash from Operating Activity + 31188-274948471339-1
Cash from Investing Activity + -14-15-0-6-13-38-39-21-17-59-123-250
Cash from Financing Activity + 1013-17-243-12-915124688260
Net Cash Flow -2-11-03-10-22-059
Free Cash Flow -11-14172-45119-9-9-1518-44
CFO/OP 33%16%465%68%-231%127%304%19%22%32%102%16%

Free Cash Flow

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Free Cash Flow-42.00-60.00-58.00-53.00-49.00-6.00-26.00-15.00-13.0028.00-18.00-39.00

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 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Debtor Days 7182673171801768819495145
Inventory Days 99139256282281771379791108166158
Days Payable 1041432162051911105989736995135
Cash Conversion Cycle 667810610816147957699132167169
Working Capital Days 4-0-19-214916-12213291120395
ROCE %7%8%0%8%7%22%7%20%25%22%9%7%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthMar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Promoters 23.52%23.52%23.52%23.52%23.52%20.27%20.27%20.27%19.75%19.75%19.60%19.60%
FIIs 0.10%0.12%0.10%0.17%0.16%0.17%0.15%0.18%0.04%0.05%0.05%0.20%
DIIs 0.00%0.00%0.00%0.00%0.00%3.14%3.14%3.08%2.89%2.89%2.89%2.99%
Public 76.39%76.37%76.38%76.32%76.33%76.42%76.44%76.46%77.33%77.31%77.48%77.22%
No. of Shareholders 3,4083,5243,9413,7474,29211,29815,10114,76213,88313,91113,76113,381

Shareholding Pattern Chart

No. of Shareholders

Bhagiradha Chemicals & Industries Ltd: Intrinsic Value & Share Price Analysis - Shareholder trend analysis

This stock is not held by any mutual fund.

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 25Mar 24Mar 23Mar 22Mar 21
FaceValue 1.0010.0010.0010.0010.00
Basic EPS (Rs.) 1.1417.5144.3543.0228.06
Diluted EPS (Rs.) 1.1416.1044.3543.0228.06
Cash EPS (Rs.) 2.1428.0652.8253.3737.78
Book Value[Excl.RevalReserv]/Share (Rs.) 52.61397.59301.04227.82186.80
Book Value[Incl.RevalReserv]/Share (Rs.) 52.61397.59301.04227.82186.80
Revenue From Operations / Share (Rs.) 33.97391.76482.52522.74381.44
PBDIT / Share (Rs.) 3.5643.8175.5282.9457.02
PBIT / Share (Rs.) 2.5033.2666.1072.4747.22
PBT / Share (Rs.) 1.9525.8761.3061.5638.57
Net Profit / Share (Rs.) 1.0717.5143.3942.8927.98
NP After MI And SOA / Share (Rs.) 1.0717.5143.3942.8927.98
PBDIT Margin (%) 10.4911.1815.6515.8614.94
PBIT Margin (%) 7.348.4913.6913.8612.38
PBT Margin (%) 5.736.6012.7011.7710.11
Net Profit Margin (%) 3.144.468.998.207.33
NP After MI And SOA Margin (%) 3.144.468.998.207.33
Return on Networth / Equity (%) 2.034.4014.4118.8214.97
Return on Capital Employeed (%) 4.387.6819.8628.8422.10
Return On Assets (%) 1.483.1610.1010.458.53
Long Term Debt / Equity (X) 0.040.040.050.050.12
Total Debt / Equity (X) 0.120.140.150.420.37
Asset Turnover Ratio (%) 0.580.791.271.421.28
Current Ratio (X) 1.922.232.271.311.20
Quick Ratio (X) 1.261.341.360.790.66
Inventory Turnover Ratio (X) 3.652.694.234.663.68
Dividend Payout Ratio (NP) (%) 8.9717.136.912.320.00
Dividend Payout Ratio (CP) (%) 4.4810.685.671.860.00
Earning Retention Ratio (%) 91.0382.8793.0997.680.00
Cash Earning Retention Ratio (%) 95.5289.3294.3398.140.00
Interest Coverage Ratio (X) 6.505.9315.747.615.75
Interest Coverage Ratio (Post Tax) (X) 2.953.3710.044.933.69
Enterprise Value (Cr.) 3659.461726.831291.27923.65478.11
EV / Net Operating Revenue (X) 8.314.242.572.121.50
EV / EBITDA (X) 79.1637.8816.4313.3610.06
MarketCap / Net Operating Revenue (X) 8.184.112.481.941.32
Retention Ratios (%) 91.0282.8693.0897.670.00
Price / BV (X) 5.284.053.984.462.70
Price / Net Operating Revenue (X) 8.184.112.481.941.32
EarningsYield 0.000.010.030.040.05

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

About the Company - Qualitative Analysis

Bhagiradha Chemicals & Industries Ltd. is a Public Limited Listed company incorporated on 07/07/1993 and has its registered office in the State of Telangana, India. Company's Corporate Identification Number(CIN) is L24219TG1993PLC015963 and registration number is 015963. Currently Company is involved in the business activities of Manufacture of insecticides, rodenticides, fungicides, herbicides. Company's Total Operating Revenue is Rs. 436.36 Cr. and Equity Capital is Rs. 12.97 Cr. for the Year ended 31/03/2025.
INDUSTRYADDRESSCONTACT
Agro Chemicals/PesticidesUnit No.1011A, Level 1, Sky One (Wing A), Hyderabad Telangana 500032Contact not found
Management
NamePosition Held
Mr. Kishor ShahChairman(NonExe.&Ind.Director)
Mr. Chandra Sekhar SingavarapuManaging Director
Mr. Arvind Kumar AnegondiExecutive Director & CEO
Mr. Krishna Rao S V GadepalliInd. Non-Executive Director
Dr. G ArunaInd. Non-Executive Woman Director
Mr. Suresh Kumar SomaniNon Exe.Non Ind.Director
Mrs. Lalitha Sree SingavarapuNon Exe.Non Ind.Director

FAQ

What is the intrinsic value of Bhagiradha Chemicals & Industries Ltd and is it undervalued?

As of 05 April 2026, Bhagiradha Chemicals & Industries Ltd's intrinsic value is ₹75.18, which is 61.64% lower than the current market price of ₹196.00, suggesting the stock is overvalued. This is calculated using the PE ratio method factoring in ROE (4.91 %), book value (₹54.9), dividend yield (0.08 %), and 5-year EPS CAGR.

What is the current share price and 52-week range of Bhagiradha Chemicals & Industries Ltd?

Bhagiradha Chemicals & Industries Ltd is trading at ₹196.00 as of 05 April 2026, with a FY2026-2027 high of ₹331 and low of ₹170. The stock is currently near its 52-week low. Market cap stands at ₹2,535 Cr..

How does Bhagiradha Chemicals & Industries Ltd's P/E ratio compare to its industry?

Bhagiradha Chemicals & Industries Ltd has a P/E ratio of 105, which is above the industry average of 25.27. This significantly elevated P/E suggests the market expects strong future growth, or the stock may be overpriced relative to current earnings.

Is Bhagiradha Chemicals & Industries Ltd financially healthy?

Key indicators for Bhagiradha Chemicals & Industries Ltd: ROCE of 7.44 % is on the lower side compared to the industry average of 15.21%; ROE of 4.91 % is below ideal levels (industry average: 19.87%). Dividend yield is 0.08 %.

Is Bhagiradha Chemicals & Industries Ltd profitable and how is the profit trend?

Bhagiradha Chemicals & Industries Ltd reported a net profit of ₹27 Cr in Mar 2025 on revenue of ₹436 Cr. Compared to ₹36 Cr in Mar 2022, the net profit shows a declining trend.

Does Bhagiradha Chemicals & Industries Ltd pay dividends?

Bhagiradha Chemicals & Industries Ltd has a dividend yield of 0.08 % at the current price of ₹196.00. The company pays dividends, though the yield is modest.

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 Bhagiradha Chemicals & 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