BHAGGAS

Bhagawati Gas financials

Market cap
₹8 Cr

Quarterly results

Q1 FY27: revenue down 88.9%, net profit up 7.1% against the same quarter last year.

₹ Cr · quarterly
Line itemQ2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26Q4 FY26Q1 FY27
Revenue0 0 0 0 0 +0%0 −100%0 −81%0 −89%
EBITDA-0 -1 -1 -0 -0 −58%-0 +73%-0 +38%-0 +15%
Net profit-0 2 -1 -0 -0 −109%-0 −112%2 +227%-0 +7%
How to read this

₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.

Performance +781.7% YTD

₹0.0₹5.0₹10.0FebMarAprMayJunJulAugSept

YTD: ₹0.82 on 26 Feb 2026 → ₹7.23. High ₹13.15 (29 Jul 2026), low ₹0.82 (26 Feb 2026).

Financials, as filed

Revenue fell 41.9% a year over 2 years, FY24 to FY26. Operating margin narrowed to -568.0%.

Year endingFY24FY25FY26
Revenue₹1 Cr₹0 Cr₹0 Cr
Operating profit₹-0 Cr₹-3 Cr₹-1 Cr
Operating margin-41.9%-548.9%-568.0%
Interest₹0 Cr₹0 Cr₹0 Cr
Depreciation₹0 Cr₹0 Cr₹0 Cr
Net profit₹-0 Cr₹0 Cr₹1 Cr
Net margin-31.1%29.8%396.0%
Cash from operations—₹-3 Cr₹-1 Cr
Free cash flow—₹-3 Cr₹-1 Cr
ROCE1.4%7.2%6.1%
How to read this

From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.

Balance sheet

Year endingFY19FY20FY23FY24FY25FY26
Equity capital₹17 Cr₹17 Cr₹17 Cr₹17 Cr₹17 Cr₹17 Cr
Reserves₹-1 Cr₹-2 Cr₹-2 Cr₹-2 Cr₹-3 Cr₹-1 Cr
Borrowings₹0 Cr₹0 Cr₹0 Cr₹1 Cr₹4 Cr₹1 Cr
Other liabilities₹4 Cr₹5 Cr₹4 Cr₹4 Cr₹4 Cr₹2 Cr
Total liabilities₹20 Cr₹20 Cr₹19 Cr₹19 Cr₹21 Cr₹19 Cr
Fixed assets₹3 Cr₹3 Cr₹2 Cr₹2 Cr₹2 Cr₹2 Cr
Capital work in progress₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr
Investments₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹1 Cr₹0 Cr
Other assets₹17 Cr₹17 Cr₹17 Cr₹17 Cr₹19 Cr₹17 Cr
Total assets₹20 Cr₹20 Cr₹19 Cr₹19 Cr₹21 Cr₹19 Cr
How to read this

As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.

Who owns it

As disclosed at Jun 2026

The ownership split has held steady since Jun 2025.

Promoters
34.2%
DIIs
0.1%
Public
65.6%

Since Jun 2025

  • Promoters 0.00 pp
  • DIIs 0.00 pp
  • Public 0.00 pp

How it drifted, 12 quarters

Sep '23Dec '24Jun '26

Ownership split by quarter, oldest first. Sep '23: Promoters 34.2%, DIIs 0.1%, Public 65.6%.Dec '23: Promoters 34.2%, DIIs 0.1%, Public 65.6%.Mar '24: Promoters 34.2%, DIIs 0.1%, Public 65.6%.Jun '24: Promoters 34.2%, DIIs 0.1%, Public 65.6%.Sep '24: Promoters 34.2%, DIIs 0.1%, Public 65.6%.Dec '24: Promoters 34.2%, DIIs 0.1%, Public 65.6%.Mar '25: Promoters 34.2%, DIIs 0.1%, Public 65.6%.Jun '25: Promoters 34.2%, DIIs 0.1%, Public 65.6%.Sep '25: Promoters 34.2%, DIIs 0.1%, Public 65.6%.Dec '25: Promoters 34.2%, DIIs 0.1%, Public 65.6%.Mar '26: Promoters 34.2%, DIIs 0.1%, Public 65.6%.Jun '26: Promoters 34.2%, DIIs 0.1%, Public 65.6%.

Who was buying across the market this quarter →

Who is on the register

Named in the Jun 2026 filing

Every holder of Bhagawati Gas Limited above SEBI's 1% disclosure line, and what changed since Mar 2026.

HolderStakeChange
Rakesh Samrat Bhardwaj 14.02%unchanged
Bhagawati Steel Pvt Ltd 6.22%unchanged
Shachi Bhardwaj 5.84%unchanged
Air Liquide India Holding Pvt. Ltd. 4.69%unchanged
Himanshu Sharma 2.68%unchanged
Prem Lata Daga 1.49%−0.09 pp
Ramrup Sharma 1.03%unchanged
Sarbati Devi Sharma 0.87%unchanged
Bhagawati Oxygen Limited 0.54%unchanged
S K Steels Pvt Ltd 0.49%unchanged
Blue Cross Services Pvt Ltd 0.42%unchanged
Suresh Kumar Sharma 0.39%unchanged

A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.

Learn to analyse Bhagawati Gas Limited

Guides on how to read this kind of business and the numbers that matter.