BHAGWOX
Bhagwati Oxygen financials
- Market cap
- ₹8 Cr
Quarterly results
Q1 FY27: revenue down 13.3%, net profit down 1000.0% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 0 | 0 | 0 | 0 | 0 −6% | 0 −81% | 0 +0% | 0 −13% |
| EBITDA | -0 | -0 | -0 | -0 | -0 +41% | -0 −9% | -0 −22% | -0 −50% |
| Net profit | -0 | -0 | 0 | -0 | 0 +158% | -0 +62% | 3 +2229% | -0 −1000% |
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 −12.9% 1Y
1Y: ₹41.1 on 9 Sept 2025 → ₹35.8. High ₹49.3 (29 Sept 2025), low ₹32.05 (9 Jul 2026).
Financials, as filed
Revenue fell 17.2% a year over 2 years, FY24 to FY26. Operating margin widened to -248.0%.
| Year ending | FY24 | FY25 | FY26 |
|---|---|---|---|
| Revenue | ₹1 Cr | ₹1 Cr | ₹1 Cr |
| Operating profit | ₹-5 Cr | ₹-1 Cr | ₹-1 Cr |
| Operating margin | -668.5% | -148.8% | -248.0% |
| Interest | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Depreciation | ₹1 Cr | ₹0 Cr | ₹0 Cr |
| Net profit | ₹0 Cr | ₹-0 Cr | ₹3 Cr |
| Net margin | 56.2% | -56.1% | 652.0% |
| Cash from operations | ₹-4 Cr | ₹-1 Cr | ₹0 Cr |
| Free cash flow | ₹5 Cr | ₹-1 Cr | ₹0 Cr |
| ROCE | -57.5% | -6.7% | 48.9% |
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 ending | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Equity capital | ₹2 Cr | ₹2 Cr | ₹2 Cr | ₹2 Cr | ₹2 Cr | ₹2 Cr |
| Reserves | ₹7 Cr | ₹4 Cr | ₹2 Cr | ₹2 Cr | ₹2 Cr | ₹5 Cr |
| Borrowings | ₹7 Cr | ₹8 Cr | ₹6 Cr | ₹1 Cr | ₹1 Cr | ₹1 Cr |
| Other liabilities | ₹2 Cr | ₹2 Cr | ₹3 Cr | ₹6 Cr | ₹6 Cr | ₹2 Cr |
| Total liabilities | ₹18 Cr | ₹16 Cr | ₹13 Cr | ₹11 Cr | ₹10 Cr | ₹10 Cr |
| Fixed assets | ₹9 Cr | ₹7 Cr | ₹5 Cr | ₹1 Cr | ₹1 Cr | ₹2 Cr |
| Capital work in progress | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Investments | ₹2 Cr | ₹2 Cr | ₹1 Cr | ₹1 Cr | ₹1 Cr | ₹2 Cr |
| Other assets | ₹7 Cr | ₹7 Cr | ₹7 Cr | ₹9 Cr | ₹8 Cr | ₹7 Cr |
| Total assets | ₹18 Cr | ₹16 Cr | ₹13 Cr | ₹11 Cr | ₹10 Cr | ₹10 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
- 43.3%
- DIIs
- 13.0%
- Public
- 43.7%
Since Jun 2025
- Public −0.01 pp
- Promoters 0.00 pp
- DIIs 0.00 pp
How it drifted, 12 quarters
Ownership split by quarter, oldest first. Sep '23: Promoters 43.3%, DIIs 13.0%, Public 43.7%.Dec '23: Promoters 43.3%, DIIs 13.0%, Public 43.7%.Mar '24: Promoters 43.3%, DIIs 13.0%, Public 43.7%.Jun '24: Promoters 43.3%, DIIs 13.0%, Public 43.7%.Sep '24: Promoters 43.3%, DIIs 13.0%, Public 43.7%.Dec '24: Promoters 43.3%, DIIs 13.0%, Public 43.7%.Mar '25: Promoters 43.3%, DIIs 13.0%, Public 43.7%.Jun '25: Promoters 43.3%, DIIs 13.0%, Public 43.7%.Sep '25: Promoters 43.3%, DIIs 13.0%, Public 43.7%.Dec '25: Promoters 43.3%, DIIs 13.0%, Public 43.7%.Mar '26: Promoters 43.3%, DIIs 13.0%, Public 43.7%.Jun '26: Promoters 43.3%, DIIs 13.0%, Public 43.7%.
Who bought this quarter
since Mar 2026
Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.
- Suresh Kumar Sharma And Sons newly disclosed 4.71% held
The same filing shows 0 holders trimming and 1 off the list — both are in the register beside this.
Who is on the register
Named in the Jun 2026 filing
Every holder of Bhagwati Oxygen Ltd. above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Bihar State Industrial Development NBFC / DFI | 12.97% | unchanged |
| Suresh Kumar Sharma | 11.57% | unchanged |
| Tara Devi Sharma | 5.95% | unchanged |
| Suresh Kumar Sharma And Sons | 4.71% | newly disclosed |
| Bhagawati Steel Pvt Ltd | 4.34% | unchanged |
| S K Steels Private Limited | 3.91% | unchanged |
| Jaya Sharma | 3.91% | unchanged |
| Deepthi Sharma | 3.41% | unchanged |
| Himanshu Sharma | 3.15% | unchanged |
| Ramrup Sharma And Sons Huf | 2.77% | unchanged |
| Rajeev Sharma | 1.80% | unchanged |
| Neha Sharma | 1.80% | 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 Bhagwati Oxygen Ltd.
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