| 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. |
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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.
| 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 |
| 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 |
| 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 |
| 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 |
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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 |
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Fri, 02 Jul 2021
Statement Of Investor Complaints For The Quarter Ended June 2021
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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 |
| Fri, 30 Jul 2021 |
Stock Outperforming Sectoral Index in both 1 Week and 3 Month
|
Increasing Relative Strength - Benchmark index
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Strongly Outperforming Sectoral Index
|
Increasing Relative Strength - Sectoral Index
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Close Within 2 Year High Zone
|
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