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Last Updated on: 14 April, 2024|Author: Getaka | Social: X Twitter Profile

Fundamental Analysis of Bhagyanagar India Ltd

About the Company - Bhagyanagar India Ltd

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Basic Stock Data of Bhagyanagar India Ltd

Last Updated: April 9, 2024, 1:13 am

Market Cap 361 Cr.
Current Price 113
High / Low119/44.0
Stock P/E7.35
Book Value 58.8
Dividend Yield0.00 %
ROCE8.68 %
ROE7.10 %
Face Value 2.00

Data Source: screener.in

Bhagyanagar India Ltd Quarterly Results

MonthDec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Sales227.87295.57326.81347.11377.75521.96414.18338.99430.25663.17346.27339.79334.98
Expenses223.65289.03319.24338.99371.48513.73408.30333.56421.55648.48339.81331.92326.29
Operating Profit4.226.547.578.126.278.235.885.438.7014.696.467.878.69
OPM %1.85%2.21%2.32%2.34%1.66%1.58%1.42%1.60%2.02%2.22%1.87%2.32%2.59%
Other Income0.85-0.180.010.250.240.270.040.150.110.6342.680.240.09
Interest2.122.942.782.782.423.843.542.903.345.443.413.353.73
Depreciation1.351.591.381.381.381.571.431.431.481.581.481.481.52
Profit before tax1.601.833.424.212.713.090.951.253.998.3044.253.283.53
Tax %16.88%63.39%33.63%30.64%22.14%31.07%35.79%36.00%26.57%30.12%14.10%23.48%21.81%
Net Profit1.330.672.262.912.112.120.610.802.935.8038.012.512.76
EPS in Rs0.420.210.710.910.660.660.190.250.921.8111.880.780.86

Last Updated: April 4, 2024, 2:54 pm

Bhagyanagar India Ltd Quarterly Chart

Bhagyanagar India Ltd Profit & Loss

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales1911972342792993105135695627871,5741,8471,684
Expenses1691842222692902955005505477691,5431,8121,646
Operating Profit2213121091413191519303538
OPM %11%7%5%3%3%5%2%3%3%2%2%2%2%
Other Income1667772121101144
Interest317888648108121516
Depreciation6876654456666
Profit before tax14322517915131459
Tax %53%12%2%-20%-14%-3%24%26%12%33%17%30%
Net Profit03333513613111049
EPS in Rs0.070.520.500.540.391.683.971.980.331.093.463.1715.33
Dividend Payout %545%77%61%56%0%0%0%0%0%0%0%0%

Bhagyanagar India Ltd Profit & Loss Yearly Chart

Bhagyanagar India Ltd Growth

Compounded Sales Growth
10 Years:25%
5 Years:29%
3 Years:49%
TTM:-1%
Compounded Profit Growth
10 Years:10%
5 Years:13%
3 Years:125%
TTM:660%
Stock Price CAGR
10 Years:22%
5 Years:30%
3 Years:33%
1 Year:154%
Return on Equity
10 Years:3%
5 Years:5%
3 Years:6%
Last Year:7%

Bhagyanagar India Ltd Balance Sheet

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital131313131366666666
Reserves20119820520720897109116117120131141182
Borrowings9386110123102764611466155179220148
Other Liabilities10111081314561421355629
Total Liabilities317308338351336193166241203302351424365
Fixed Assets1791762062062067263778181778078
CWIP017111-00-0-0-0-00-0
Investments81928292600000000
Other Assets13096104115104121103164122221275344287
Total Assets317308338351336193166241203302351424365

Bhagyanagar India Ltd Reserves and Borrowings Chart

Bhagyanagar India Ltd Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Cash from Operating Activity 311133-1723-1428-4849-76-4-40
Cash from Investing Activity 310-24-232831-17-13-2-13
Cash from Financing Activity -28-21-612-27-13-4954-35771427
Net Cash Flow603-7-1011-111-19-9

Bhagyanagar India Ltd Financial Efficiency Indicators

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Debtor Days505253423843252431412324
Inventory Days496421675073347042432631
Days Payable7942103238868
Cash Conversion Cycle921077010678113569265764246
Working Capital Days1541178310683107498663905356
ROCE %11%4%3%3%3%6%7%8%5%6%8%9%

Bhagyanagar India Ltd Financial Efficiency Indicators Chart

Bhagyanagar India Ltd Share Holding Pattern

MonthDec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023
Promoters74.01%74.01%74.01%73.95%73.91%73.91%73.91%73.91%73.91%74.66%74.71%74.41%
DIIs0.85%0.85%0.85%0.85%0.85%0.82%0.00%0.82%0.82%0.77%0.49%0.33%
Government0.28%0.28%0.28%0.28%0.28%0.28%0.28%0.28%0.28%0.28%0.28%0.28%
Public24.86%24.86%24.86%24.92%24.96%24.99%25.81%24.98%24.99%24.29%24.52%24.97%
No. of Shareholders10,22910,60510,88111,80111,55611,75311,72511,86211,51911,05210,75013,220

Bhagyanagar India Ltd Shareholding Pattern Chart

No. of Bhagyanagar India Ltd Shareholders

This stock is not held by any mutual fund

Bhagyanagar India Ltd ROCE Trend

Bhagyanagar India Ltd EPS Trend

Bhagyanagar India Ltd Key Financial Ratios

MonthMar 23Mar 22Mar 21Mar 20Mar 19
FaceValue2.002.002.002.002.00
Basic EPS (Rs.)3.173.461.090.321.98
Diluted EPS (Rs.)3.173.461.090.321.98
Cash EPS (Rs.)5.025.252.821.943.21
Book Value[Excl.RevalReserv]/Share (Rs.)46.1542.9839.5238.4338.10
Book Value[Incl.RevalReserv]/Share (Rs.)46.1542.9839.5238.4338.10
Revenue From Operations / Share (Rs.)577.15491.84246.09175.76177.91
PBDIT / Share (Rs.)11.149.685.964.966.31
PBIT / Share (Rs.)9.287.894.233.355.08
PBT / Share (Rs.)4.534.191.630.362.69
Net Profit / Share (Rs.)3.173.461.090.321.98
NP After MI And SOA / Share (Rs.)3.173.461.090.321.98
PBDIT Margin (%)1.921.962.422.823.54
PBIT Margin (%)1.601.601.711.902.85
PBT Margin (%)0.780.850.660.201.51
Net Profit Margin (%)0.540.700.440.181.11
NP After MI And SOA Margin (%)0.540.700.440.181.11
Return on Networth / Equity (%)6.868.052.750.845.20
Return on Capital Employeed (%)14.3513.168.507.4312.35
Return On Assets (%)2.383.151.150.512.62
Long Term Debt / Equity (X)0.390.340.250.170.07
Total Debt / Equity (X)1.491.301.190.490.78
Asset Turnover Ratio (%)4.763.922.302.432.87
Current Ratio (X)1.571.711.542.021.47
Quick Ratio (X)0.901.060.931.060.57
Inventory Turnover Ratio (X)14.1112.277.736.467.80
Interest Coverage Ratio (X)2.342.622.291.662.64
Interest Coverage Ratio (Post Tax) (X)1.671.941.421.111.83
Enterprise Value (Cr.)369.55310.02284.72104.15193.93
EV / Net Operating Revenue (X)0.200.190.360.180.34
EV / EBITDA (X)10.3710.0114.936.569.60
MarketCap / Net Operating Revenue (X)0.080.090.170.080.17
Price / BV (X)1.021.041.090.370.83
Price / Net Operating Revenue (X)0.080.090.170.080.17
EarningsYield0.060.070.020.020.06

Bhagyanagar India Ltd Profitability Ratios (%)

Bhagyanagar India Ltd Liquidity Ratios

Bhagyanagar India Ltd Liquidity Ratios (%)

Bhagyanagar India Ltd Interest Coverage Ratios (%)

Bhagyanagar India Ltd Valuation Ratios

Fair Value of Bhagyanagar India Ltd Stock

Fair Value: 31.30

The stock is overvalued by 72.30% compared to the current price ₹113

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.

*Investments are subject to market risks

Strength and Weakness of Bhagyanagar India Ltd Stock

StrengthWeakness
  1. The company has higher reserves (156.31 cr) compared to borrowings (116.77 cr), indicating strong financial stability.
  2. The company has shown consistent growth in sales (303.38 cr) and profit (10.38 cr) over the years.
  1. The stock has a low average ROCE of 6.08%, which may not be favorable.
  2. The stock has a high average Working Capital Days of 87.25, which may not be favorable.
  3. The stock has a high average Cash Conversion Cycle of 78.58, which may not be favorable.

FAQ

What is the latest fair value of Bhagyanagar India Ltd?

The latest fair value of Bhagyanagar India Ltd is 31.30.

What is the Market Cap of Bhagyanagar India Ltd?

The Market Cap of Bhagyanagar India Ltd is 361 Cr..

What is the current Stock Price of Bhagyanagar India Ltd as on 13 April 2024?

The current stock price of Bhagyanagar India Ltd as on 13 April 2024 is 113.

What is the High / Low of Bhagyanagar India Ltd stocks in FY 2024?

In FY 2024, the High / Low of Bhagyanagar India Ltd stocks is ₹119/44.0.

What is the Stock P/E of Bhagyanagar India Ltd?

The Stock P/E of Bhagyanagar India Ltd is 7.35.

What is the Book Value of Bhagyanagar India Ltd?

The Book Value of Bhagyanagar India Ltd is 58.8.

What is the Dividend Yield of Bhagyanagar India Ltd?

The Dividend Yield of Bhagyanagar India Ltd is 0.00 %.

What is the ROCE of Bhagyanagar India Ltd?

The ROCE of Bhagyanagar India Ltd is 8.68 %.

What is the ROE of Bhagyanagar India Ltd?

The ROE of Bhagyanagar India Ltd is 7.10 %.

What is the Face Value of Bhagyanagar India Ltd?

The Face Value of Bhagyanagar India Ltd is 2.00.

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 Bhagyanagar India 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