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    Bhageria Industries Limited

    Backward-integrated manufacturer of dye intermediates (H-Acid, Gamma Acid, Vinyl Sulphone) and sulphuric acid, diversified into solar power generation and pharma APIs

    Chemicals
    Commodities
    View BHAGERIA earnings calls

    Overview

    Price

    Market Cap

    ₹999 Cr

    Sector

    Chemicals

    Commodities

    Rank

    Performance

    Financials

    Income Statement

    Financial Trajectories

    11
    Quarterly

    Balance Sheet

    Balance Sheet

    ₹ Cr · Annual
    Line itemFY20FY21FY22FY23FY24FY25FY26FY26
    LiabilitiesEquity Capital2222222222222222
    Reserves380430485484501536553575
    Borrowings21313538474674109
    Other Liabilities1039210487106128136154
    Total Liabilities526575646631676733784860
    AssetsFixed Assets331320394365348350355384
    CWIP184508171138117
    Investments0481324233024
    Other Assets176206244245287350362335
    Total Assets526575646631676733784860

    Cash Flow

    Cash Flow

    ₹ Cr · Annual
    Line itemFY20FY21FY22FY23FY24FY25FY26
    ActivitiesCash from Operating59587628234999
    Cash from Investing-45-44-58-23-33-44-142
    Cash from Financing-10-3-14-165-946
    SummaryCapital Expenditure
    Free Cash Flow-819167-226-45
    FCF Margin

    Valuation

    Assumptions

    Current — BHAGERIA
    Price
    ₹203
    EPS (TTM)
    ₹12.80
    PE (TTM)
    15.9
    Profit growth
    43.1%

    The Earnings Per Share over the last 12 months.

    %

    Your assumption of the company's expected yearly EPS growth (e.g., 6 for 6%).

    Pre-filled with the lower of median (29.1×) and current (15.9×) PE — the conservative anchor.

    %

    The annualized return you aim to achieve. We solve for the price that delivers it, then compare to today's price.

    Valuation

    Current price
    ₹203
    vs
    Fair value · 15% return
    ₹610
    200%Undervalued

    At 43.1% growth and a 16× exit, ₹203 only delivers your return if you pay ₹610. The price is currently baking in 17% growth.

    EPS grows 43.1%/yr for 5 years, then fades to 6% over 2, exits at 16×.

    YearGrowthEPS (₹)
    FY2743.1%18.32
    FY2843.1%26.21
    FY2943.1%37.51
    FY3043.1%53.67
    FY3143.1%76.81
    FY3224.6% ·fade95.66
    FY336.0% ·fade101.40

    Methodology: we discount normalized net profit as a proxy for owner earnings (an earnings-power approximation — not full free cash flow). Terminal growth is capped at 6% (≈ nominal GDP) regardless of the required return. This is an analytical tool, not investment advice.

    Learn to analyse Bhageria Industries Limited

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