Bhagyanagar India Ltd.
Snapshot View

49.35 -0.05 ▼-0.1%

30 July 2021, 04:00:00 P.M.
Volume: 7,352

Overview View Details

Sector Non - Ferrous Metals Compare with Sector peers
Industry Metal - Non Ferrous Compare with Industry peers
Website http://www.bhagyanagarindia.com / www.surana.com
Financial Indicators
Market Cap 158.38 Cr.
Earnings per share (EPS) 1.09 Trailing Twelve Months Ending 2021-03
Price-Earning Ratio (PE) 45.54 Trailing Twelve Months Ending 2021-03
Industry PE 13.74 Trailing Twelve Months Ending 2021-03
Book Value / Share 39.52 Trailing Twelve Months Ending 2021-03
Price to Book Value 1.25 Calculated using Price: 49.50
Dividend Yield 0.00 Period Ending 2020-03
No. of Shares Subscribed 3.20 Cr. 31,995,000 Shares
FaceValue 2
Company Profile

Bhagyanagar India, part of the Surana Group, was incorporated in 1985 with the main object of carrying on the business in ferrous and non-ferrous metals. It commenced its business by acquiring a copper rod unit (India Extrusion) in 1985. In 1990 it took over Gangappa Cables for expansion of its business activities. In 1994-95 it started manufacturing jelly-filled telephone cables. In 1998-99, it acquired Harinam wires --- engaged in manufacturing of copper allied products.

Keeping in phase with potential growth and the high competition for telecom products, the company has established an additional unit at Goa for manufacture of jelly-filled cables. The major clientele for these cables are Bharat Sanchar Nigam (BSNL) and Mahanagar Telephone Nigam (MTNL). The company is also supplying its products to railways, defence and other public / private sector organizations.

Over the years, the company has expanded its activities by acquisitions, mergers, diversification, etc. Since inception it has ventured into manufacture of range of copper products such as copper coils, strips, sheets, flat pipes apart from PIJF cables of various sizes, polyethylene compound and auto annealing components, catering to the requirements of reputed automobile companies like Maruti, Hyundai, Telco, Ashok Leyland, Mahindra, etc.

The company has made a giant stride into real estate, infrastructure and wind power generation segments with an installed capacity of 9 MW in the state of Karnataka.

Business area of the company

The company is presently engaged in the manufacture of copper rods, copper foils, copper pipes, copper sheets, annealed bare copper strips, paper insulated copper conductors and insulated copper coils (field coils). The products of the company are mainly used in telecommunication, power and distribution, transformer, heat exchangers, switchgear and low range transformers, solar panels and auto ancillary sectors. The company is major supplier to Lucas TVS, MICO and many other leading original equipment manufacturers (OEMs).

Divisions

  • Copper: One of the core areas of the company’s business is manufacture of copper products. The copper division of the company caters to the needs of various OEMs and auto component industry. The company has an installed capacity of 15000 MT in the copper product division.
  • Real Estate: In the year 2002 anticipating the boom in real estate and infrastructure sector, the company started to invest the surplus liquidity from its core business in acquiring real estate properties and infrastructure related projects including construction of IT parks and housing projects with a long-term view to become an infrastructure player.
  • Non Conventional Energy: During the year 2006-07, the company forayed into the non conventional energy sector with a wind power project with an installed capacity of 9 MW at Kapatigudda, Karnataka. The phase-I of the project was commissioned in September 2006 and the phase-II of the project was commissioned in March 2006. This project is eligible foe carbon credits and also for taxation benefits under Section 80I (A) of the Income Tax Act.
  • Jelly Filled Cables: The company started this division in the year 1993-94 and set up the plant for the first time in the country without any foreign collaboration. The company has a manufacturing facility at Goa and manufactures cables from the range of 5 pairs to 800 pairs. The latest technology and testing facilities have led to the units being recognized and approved by BSNL, MTNL, Indian Railways (IR) and other private telecom Service providers.

Group Companies

  • Telecom & Power
  • Surana Ventures
  • Bhagyanagar Entertainment

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
-0.10%
1 Week
+1.33%
1 Month
+0.51%
3 Month
+0.71%
6 Month
+58.68%
1 Year
+212.34%
2 Year
+136.12%
5 Year
+159.74%
9 years 2012-03 2013-03 2014-03 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03
Return on Equity (%) 0.21 1.56 1.48 1.00 1.15 3.30 11.60 5.34 0.85
Return on Capital Employed (%) 10.58 3.58 3.53 3.04 2.96 4.50 12.00 8.20 5.05
Return on Assets (%) 0.15 1.06 0.98 0.64 0.75 2.04 7.06 3.05 0.46

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 214 211 218 220 221 104 116 122 123
Non Curr. Liab. 75 73 83 67 55 25 15 8 20
Curr. Liab. 27 23 35 61 56 61 39 116 59
Minority Int. 1 1 1 1 2 1
Equity & Liab. 317 308 337 349 334 190 170 247 202
Non Curr. Assets 213 215 238 239 236 73 64 78 83
Curr. Assets 104 92 100 110 98 117 105 168 120
Misc. Exp. not W/O
Total Assets 317 308 337 349 334 190 170 247 202

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 198 207 245 279 299 310 513 569 562
Other Income 16 6 7 7 10 7 12 1 1
Total Income 214 213 251 286 309 317 524 570 563
Total Expenditure -176 -196 -233 -267 -290 -296 -500 -550 -547
PBIDT 38 18 18 18 18 20 24 20 16
Interest -31 -7 -8 -8 -8 -6 -4 -8 -10
Depreciation -6 -7 -7 -6 -6 -5 -4 -4 -5
Taxation -1 0 0 0 0 0 -4 -2 0
Exceptional Items -2 -2 -4
PAT 0 3 3 2 3 5 13 6 1

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. 31 11 33 -17 23 -14 28 -48 49
Cash Fr. Inv. 3 10 -24 -2 3 28 31 -17 -13
Cash Fr. Finan. -28 -21 -6 12 -27 -13 -49 54 -35
Net Change 6 0 3 -7 -1 0 11 -11 1
Cash & Cash Eqvt 10 10 8 1 1 1 11 0 1

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 73.44 73.56 73.67 73.88 73.90 74.20 74.01 74.01 74.01
Public 26.56 26.44 26.33 26.12 26.10 25.80 25.99 25.99 25.99
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

Sat, 24 Jul 2021
Board Meeting Intimation for Intimation Of Board Meeting Scheduled On 07/08/2021
BHAGYANAGAR INDIA LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 07/08/2021 inter alia to consider and approve Pursuant to Regulation 29 of the SEBI (LODR) Regulations 2015 we wish to inform you that a meeting of the Board of Directors of the Company is scheduled to be held on Saturday the 07th August 2021 inter alia to consider and approve the Un-audited Standalone and Consolidated Financial Results for the first quarter ended 30th June 2021.

The trading window for dealing in the equity shares of the Company is already closed for all designated persons their immediate relatives and other connected persons till the conclusion of 48 hours after the declaration of financial results of the Company for the quarter ended 30th June 2021.
Wed, 14 Jul 2021
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018
Pursuant to Regulation 74(5) of SEBI (Depositories and Participants) Regulations 2018 we are enclosing herewith the certificate(s) issued by KFin Technologies Private Limited the Registrar and Share Transfer Agent of the Company confirming compliance of Regulation 74(5) of SEBI (Depositories and Participants) Regulations 2018 for the quarter ended 30th June 2021.
Tue, 13 Jul 2021
Shareholding for the Period Ended June 30 2021
Bhagyanagar India 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 Underperforming Sectoral Index in both 1 Week and 3 Month Stock Underperforming Sectoral Index in both 1 Week and 3 Month
Strongly Underperforming Benchmark index Strongly Underperforming Benchmark index
Strongly Underperforming Sectoral index Strongly Underperforming Sectoral index
Both SRS And ARS Above Zero Both SRS And ARS Above Zero
Price Nearing SuperTrend Support Price Nearing SuperTrend Support

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