Bhagwati Autocast Ltd.
Snapshot View

168.50 -5.50 ▼-3.2%

30 July 2021, 04:00:00 P.M.
Volume: 665

Overview View Details

Sector Automobile & Ancillaries Compare with Sector peers
Industry Castings/Forgings Compare with Industry peers
Website http://www.bhagwati.com
Financial Indicators
Market Cap 48.54 Cr.
Earnings per share (EPS) 5.96 Trailing Twelve Months Ending 2021-03
Price-Earning Ratio (PE) 28.27 Trailing Twelve Months Ending 2021-03
Industry PE 21.87 Trailing Twelve Months Ending 2021-03
Book Value / Share 98.13 Trailing Twelve Months Ending 2021-03
Price to Book Value 1.72 Calculated using Price: 168.50
Dividend Yield 0.59 Period Ending 2020-03
No. of Shares Subscribed 0.29 Cr. 2,880,684 Shares
FaceValue 10
Company Profile

Bhagwati Autocast, promoted in 1984, is located 25 km away from Ahmedabad, near village Bavla. It is a mechanized machine moulding unit with an annual capacity of 14000 tonnes, producing high duty grey iron and ductile iron castings as per any International Standards.

Bhagwati Autocast also produces SG iron castings and alloy iron castings. The company’s plant is located at village Rajoda in Gujarat.

Its hand moulding division has an annual production capacity of 4000 tonnes with facilities for manufacturing castings upto a single unit weight of 5 tonnes using a state of the art Omega continuous mixer.

The Bhagwati Group, has two foundry units -- Bhagwati Spherocast Pvt. Ltd. and Bhagwati Autocast Ltd. Bhagwati Autocast Ltd, is located 25 km away from Ahmedabad, near village Bavla. It is a mechanized machine moulding unit with an annual capacity of 14000 tons, producing high duty grey iron and ductile iron castings as per any International Standards. Its handmoulding division has an annual production capacity of 4000 tons with facilities for manufacturing castings upto a single unit weight of 5 tons using a state of the art Omega continuous mixer.

Both the units are manufacturing high quality castings for a wide spectrum of industries such as, Automotive, Light and Heavy Commercial Vehicle, Tractor, Air & Gas Compressor, Hydraulic ,Wind Generation/Generator, Refrigeration, Plastic Injection Moulding Machine and General Engineering Products  The annual turnover of the two foundry units together is $ 30 million with a total production capacity of 32000 tons per year of which Bhagwati Autocast Production Capacity stands at 18000 M.T. Per Annum.

The infrastructure of the company includes DISA-George Fischer fully mechanized sand plant of 30 tons/hour capacity, Intensive mixer-1000 Kgs. batch capacity. Sand homogenizing and cooling system and dust collector system.

The company’s major customers are two tractor companies, Punjab Tractors and Escorts. Its hand molding plant caters to the needs of the general engineering sector. The field is competitive and pricing does not allow much flexibility. Rise in prices of raw materials, increased power costs and higher wages were reported to have affected the profitability of the company.

The company’s response has been an expansion-cum-modernization program involving installation of equipment for better material handling and higher productivity. Finish of the castings was also sought to be improved by installing a drum homogenizer cum cooler. The company was able to return to profits from the year 2004-2005.

The major customers of the company are Dresser Rand, Elecon Engineering, Enercon, Escorts Ltd.,Force Motors Ltd.Godrej & Boyce Ltd., Harig India Pvt. Ltd., Mita Harig Pvt. Ltd., HMT Ltd., Ingersoll-Rand (India) Ltd., Kirloskar Oil Engines Limited K&H Eppensteinar Gmbh & Co., Mahindra gujarat tractors Ltd., Punjab tractors Ltd.

It is also an ISO-9001-2000 company certified by BUREAU VERITAS.

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
-3.16%
1 Week
+9.34%
1 Month
-0.88%
3 Month
+5.35%
6 Month
+43.96%
1 Year
+61.24%
2 Year
+108.41%
5 Year
+187.54%
9 years 2012-03 2013-03 2014-03 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03
Return on Equity (%) 4.97 8.84 23.96 -12.80 4.13 6.40 5.26 15.91 8.38
Return on Capital Employed (%) 8.21 14.29 28.81 -10.20 7.26 10.94 8.18 19.17 12.10
Return on Assets (%) 1.80 3.32 9.26 -5.13 1.78 2.96 2.33 6.99 4.08

Balance Sheet View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Shh. Funds 16 17 22 19 19 21 21 25 27
Non Curr. Liab. 5 5 5 3 3 2 2 2 2
Curr. Liab. 23 23 29 23 21 20 29 26 24
Minority Int.
Equity & Liab. 44 45 56 45 43 43 52 53 53
Non Curr. Assets 18 18 21 18 16 15 15 17 16
Curr. Assets 25 26 35 27 27 28 37 36 37
Misc. Exp. not W/O
Total Assets 44 45 56 45 43 43 52 53 53

Profit Loss View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Net Sales 58 69 82 64 64 70 90 120 101
Other Income 0 1 0 0 0 0 0 0 0
Total Income 58 70 82 64 64 70 90 120 101
Total Expenditure -55 -65 -72 -64 -60 -65 -85 -112 -94
PBIDT 3 5 10 0 4 5 5 8 6
Interest -1 -1 -1 -1 -1 -1 -1 -1 -1
Depreciation -1 -2 -2 -3 -2 -2 -2 -2 -2
Taxation 0 -1 -2 1 0 -1 0 -1 -1
Exceptional Items
PAT 1 1 5 -3 1 1 1 4 2

Cash Flow View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Cash Fr. Operatn. 5 1 2 3 2 -1 4 4 6
Cash Fr. Inv. -3 -1 -4 -1 -1 -1 -2 -4 -2
Cash Fr. Finan. -1 -1 2 -2 -1 2 -2 0 -4
Net Change 1 0 0 0 0 0 0 -1 0
Cash & Cash Eqvt 1 1 1 0 0 1 1 0 0

Shareholding Pattern View Details

9 Qtrs 2019-06 (%) 2019-09 (%) 2019-12 (%) 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%)
Promoter 69.61 69.61 69.77 71.37 71.41 71.89 72.26 72.93 73.06
Public 30.39 30.39 30.23 28.63 28.59 28.11 27.74 27.07 26.94
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Announcements View Details

Fri, 02 Jul 2021
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018
Certificate under regulation 74(5) of SEBI (DP) Regulations 2018
Fri, 02 Jul 2021
Statement Of Investor Complaints For The Quarter Ended June 2021
No.of Investor complaints pending at the beginning of the quarter No.of Investor complaints received during the quarter No.of Investor complaints disposed of during the quarter No.of Investor complaints unresolved at the end of the quarter
0000
Name of the Signatory :- Mehul Naliyadhara
Designation :- Company Secretary and Compliance Officer
Fri, 02 Jul 2021
Shareholding for the Period Ended June 30 2021
Bhagwati Autocast Ltd has submitted to BSE the Shareholding Pattern for the Period Ended June 30 2021. For more details kindly Click here

Technical Scans View Details

Fri, 30 Jul 2021
Stock Outperforming Sectoral Index in both 1 Week and 3 Month Stock Outperforming Sectoral Index in both 1 Week and 3 Month
Increasing Relative Strength - Benchmark index Increasing Relative Strength - Benchmark index
Strongly Outperforming Sectoral Index Strongly Outperforming Sectoral Index
Increasing Relative Strength - Sectoral Index Increasing Relative Strength - Sectoral Index
Close Within 2 Year High Zone Close Within 2 Year High Zone

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