Bhageria Industries LtdNSE:BHAGERIA
Current view Q1 2027
Makes dye intermediates. Exports tripled to ₹304 cr, but 74% goes to China - the one country management told the call was no threat. One earnings call in its entire listed history, then nine months of silence through an oleum leak, a plant shutdown, a rating watch and a rare-earth shell company.
Latest exchange filings last 5 · 5 after Q1 2027
- 1 Aug ’26Shareholder Meeting / Postal Ballot-Scrutinizer''s Report 1 Aug ↗
- 1 Aug ’2637th AGM held on 1 August 2026; all 7 resolutions, including dividend and director reappointments, passed. ↗
- 30 Jul ’26SAT adjourned Bhageria promoter SEBI appeal to October 21, 2026; March 31, 2023 order remains stayed. ↗
- 23 Jul ’26Announcement under Regulation 30 (LODR)-Newspaper Publication 23 Jul ↗
- 22 Jul ’26Unaudited Standalone And Consolidated Financial Results Of The Company For The Quarter Ended June 30, 2026. 22 Jul ↗
Exchange filings, with the company's own one-line summary, read off the same page as the figures. Screener publishes only the most recent few, so this is the last 5 — not everything filed since your note, and a quiet-looking list is not proof of a quiet quarter. A filing is marked new when it is dated after the end of the quarter your note covers. Not scored, and not a judgement — a routine repayment notice and a takeover sit in the same list.
AI concall report · Q1 2027
The full earnings-call read behind this view — what management promised, what they delivered, and the earning trigger.
Growth Q1 2027
| Metric | This year vs lastYoY · vs Q1 2026 | vs the quarter beforeQoQ, sequential · vs Q4 2026 | 3-year yearly average3Y CAGR · compounded | 5-year yearly average5Y CAGR · compounded |
|---|---|---|---|---|
| Sales | ▲ +82.2% | +5.5% | +20.4% | +16.8% |
| Operating profit | ▲ +133.3% | +35.5% | +19.1% | −1.9% |
| EPS | ▲ +203.1% | +188.6% | +46.2% | −6.0% |
| PAT | ▲ +209.1% | +209.1% | — | — |
Tinted rows drive the Tier. Tier = the weaker of YoY Sales and YoY PAT growth. Here the weaker is Sales at +82.2%, which is ≥ 20% → Tier 1.
QoQ is sequential, not a trend. For most Indian companies the March quarter is seasonally the largest, so a June-quarter fall against it is a calendar effect. Only the YoY column feeds the Tier.
Multibagger potential
Good71/100
⚠ Your own view on this company is Negative. Read the note above first — this score reads the figures, and it has not read the concall.
Cheap, and growing fast. Profit per share grew 46% a year, while the price-tag on its earnings actually got smaller. That gap — real growth nobody has paid up for — is exactly what this score looks for.
₹381 → ₹762 needs the P/E at 15× — it is 24× today, and has ranged 10× to 58× over the last 5 years. The rest would come from earnings growing as they have.
What you pay for its profitlog scale · 5-year range
Tripling needs 23× — inside its 5-year range, under the 26× median.
At ₹422 the price-tag on its earnings reaches the 27× it is being projected toward — the point where being cheap against that yardstick is used up.
Growth still unpaid, one leg weaker. Worth the concall read.
How this is calculated
This is arithmetic, not a forecast — Return = ΔEPS × ΔMultiple. It says what would have to be true, not how likely it is, and "earnings keep growing at this rate for three more years" is the assumption doing the most work. This is a small-cap at ₹1,304 cr, so the odds of a re-rate are not fighting its own size.
Growth rate used: 46.2% — the weakest of EPS / Sales / Op-profit from 3-year EPS CAGR. Latest quarter reads 60%.
How it compares with its rivals Pigments · 6 of 15 listed
It earns 9% on its capital, third of 6, and it is the fourth most expensive of the 6 shown.
| Company | Price | P/E | Size | ROCE | Profitlast qtr | Saleslast qtr |
|---|---|---|---|---|---|---|
| Bhageria Indust. | ₹341 | 21.6× | ₹1,486 Cr | 9.4% | +203.0% | +81.9% |
| Sudarshan Chem. | ₹1,265 | 99.2× | ₹10,070 Cr | 5.5% | +106.1% | +5.4% |
| Kiri Industries | ₹531 | 4.3× | ₹3,461 Cr | -1.7% | +2762.3% | +54.5% |
| Bodal Chemicals | ₹190 | 34.9× | ₹2,399 Cr | 5.6% | +218.8% | +56.1% |
| Sh.Pushkar Chem. | ₹507 | 22.8× | ₹1,641 Cr | 12.9% | +9.4% | +10.0% |
| Ultramarine Pig. | ₹417 | 14.9× | ₹1,218 Cr | 10.1% | +68.2% | +29.8% |
Screener's own peer group, from the request already made for the industry P/E. It serves the industry's largest names by market cap, not companies of a similar size, so treat this as context rather than a like-for-like table; this company is always shown. On a phone the price, size and sales columns are dropped rather than pushed off the edge. Not part of the score.
Business quality to Jun 2026
| Are the margins widening? | yes — widening, and steadily | operating margin 6% → 15% over 3 years |
|---|---|---|
| Did the profit turn into cash? | most of it arrived as cash | 128% last year, 96% over three · free cash flow −₹45 cr, positive in 3 of 5 years |
| Is the growth borrowed? | lightly borrowed | ₹109 cr — 0.18× its own equity (was 0.08×) |
| Is it being collected? | customers are paying faster | 66 days to collect, down 49 in a year · cash cycle 56 days |
| Who has been buying? | the promoters have held steady | promoters 71.8%, 71.8% → 71.8% over 2.8 years · FIIs 0.1% · DIIs 0.0% · shareholders 14,306 → 17,139 |
| What does it earn on its capital? | earns little on its capital | ROCE 9.4% · ROE 7.0% |
Fetched from the filings, not typed — and deliberately not part of the score. These are the questions the score cannot ask: it reads growth, price and trend, so a company can score well while its profit never becomes cash. Weigh these beside the note, not against the number.
Screener's own checklist not mine, not the score
In its favour
- Company is expected to give good quarter
- Company has been maintaining a healthy dividend payout of 20.9%
- Debtor days have improved from 98.8 to 66.4 days.
- Company's working capital requirements have reduced from 93.6 days to 58.7 days
Against it
- Company has a low return on equity of 5.28% over last 3 years.
Generated by screener.in from a fixed checklist — not written by me and not an input to the score. It is here as a second machine opinion to weigh against the note; where it disagrees with the view above, the note is the considered one.