Loading…
Bhageria Industries (BHAGERIA)₹396.10+6.90%Dyes And Pigments
In the Sep 2026 quarter (consolidated), Bhageria Industries reported sales of ₹455 Cr, up 123.5% from Sep 2025, and net profit of ₹55.80 Cr, up 409.1% year on year. For the year to Mar 2026, sales were ₹873 Cr and net profit ₹43.85 Cr.
Company filings, consolidated accounts; latest reported quarter Sep 2026
| Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 112 | 182 | 113 | 129 | 170 | 183 | 157 | 204 | 242 | 271 | 286 | 455 |
| Expenses | 97.94 | 168 | 101 | 116 | 143 | 153 | 140 | 181 | 222 | 240 | 244 | 371 |
| Operating Profit | 14.03 | 14.02 | 12.02 | 14.02 | 27.07 | 29.04 | 18.02 | 23.04 | 20.04 | 31.05 | 42.08 | 85.15 |
| OPM % | 13.0% | 8.0% | 9.9% | 10.9% | 15.9% | 15.9% | 10.9% | 11.0% | 8.0% | 11.0% | 15.0% | 18.9% |
| Other Income | 6.02 | 4.01 | 5.01 | 3.01 | −2.01 | 1.01 | 6.02 | 2.01 | 3.01 | −4.01 | 16.04 | 4.01 |
| Interest | 0.00 | 0.99 | 0.99 | 0.99 | 0.99 | 0.99 | 0.99 | 0.99 | 0.99 | 0.99 | 1.99 | 2.99 |
| Depreciation | 8.02 | 8.02 | 7.02 | 8.02 | 8.02 | 8.02 | 8.02 | 8.02 | 8.01 | 9.02 | 10.03 | 10.02 |
| Profit before tax | 11.03 | 10.03 | 8.03 | 8.02 | 16.04 | 22.05 | 15.05 | 16.05 | 14.04 | 17.06 | 46.18 | 76.26 |
| Tax % | 28.1% | 34.1% | 28.0% | 24.1% | 29.1% | 30.1% | 29.0% | 29.1% | 22.0% | 32.1% | 26.0% | 26.1% |
| Net Profit | 7.97 | 5.99 | 5.99 | 5.99 | 10.96 | 14.96 | 10.97 | 10.96 | 10.97 | 10.96 | 33.92 | 55.80 |
| EPS (Rs) | 1.88 | 1.54 | 1.35 | 1.49 | 2.77 | 3.60 | 2.57 | 2.69 | 2.55 | 2.70 | 7.81 | 12.79 |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|
| Sales | 414 | 402 | 600 | 500 | 493 | 594 | 873 | 1,253 |
| Expenses | 316 | 298 | 484 | 446 | 450 | 512 | 781 | 1,075 |
| Operating Profit | 98.15 | 104 | 116 | 54.09 | 44.05 | 81.12 | 91.14 | 178 |
| OPM % | 23.9% | 25.9% | 19.0% | 10.9% | 9.0% | 13.9% | 10.0% | 14.2% |
| Other Income | 6.02 | 4.01 | 9.03 | 4.01 | 16.05 | 7.02 | 7.02 | 19.05 |
| Interest | 1.99 | 0.99 | 1.99 | 3.98 | 1.99 | 2.99 | 2.99 | 6.96 |
| Depreciation | 23.05 | 26.05 | 29.05 | 34.05 | 32.08 | 31.09 | 33.07 | 37.08 |
| Profit before tax | 79.25 | 81.24 | 95.22 | 20.07 | 26.07 | 54.12 | 62.20 | 154 |
| Tax % | 16.0% | 23.0% | 26.1% | 28.0% | 29.1% | 29.1% | 28.1% | — |
| Exceptional items | 0.00 | 0.00 | 0.00 | 0.99 | 0.00 | 12.99 | 4.99 | — |
| Net Profit | 65.82 | 62.78 | 70.81 | 14.96 | 18.96 | 38.91 | 43.85 | 112 |
| EPS (Rs) | 15.07 | 14.35 | 16.15 | 3.37 | 4.36 | 9.25 | 10.55 | 25.85 |
| Dividend payout % | 20.0% | 24.0% | 25.0% | 30.0% | 23.0% | 16.0% | 24.0% | — |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 21.93 | 21.93 | 21.93 | 21.95 | 21.92 | 21.93 | 21.93 |
| Reserves | 379 | 429 | 485 | 484 | 500 | 535 | 574 |
| Borrowings | 20.94 | 30.92 | 34.94 | 37.95 | 46.89 | 45.89 | 109 |
| Other Liabilities | 103 | 91.55 | 103 | 86.58 | 105 | 127 | 153 |
| Total Liabilities | 525 | 574 | 645 | 630 | 675 | 731 | 858 |
| Fixed Assets | 330 | 319 | 394 | 365 | 348 | 350 | 384 |
| CWIP | 17.98 | 44.93 | 0.00 | 7.99 | 16.99 | 10.99 | 117 |
| Investments | 0.00 | 3.99 | 7.99 | 12.98 | 23.96 | 22.96 | 23.95 |
| Other Assets | 175 | 205 | 243 | 244 | 286 | 349 | 334 |
| Inventories | 38.08 | 38.10 | 65.15 | 43.11 | 44.13 | 49.10 | 56.16 |
| Trade receivables | 78.15 | 95.22 | 104 | 128 | 156 | 187 | 159 |
| Cash & equivalents | 10.02 | 23.04 | 26.06 | 21.03 | 7.01 | 31.09 | 7.02 |
| Total Assets | 525 | 574 | 645 | 630 | 675 | 731 | 858 |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Cash from operating activity | 59.12 | 58.08 | 76.14 | 28.04 | 23.05 | 49.14 | 99.15 |
| Cash from investing activity | −44.93 | −43.91 | −57.94 | −22.96 | −32.93 | −43.90 | −142 |
| Cash from financing activity | −10.01 | −3.01 | −14.02 | −16.01 | 5.01 | −9.01 | 46.07 |
| Net cash flow | 3.01 | 10.01 | 4.01 | −11.01 | −5.01 | −2.99 | 3.01 |
| Capex | 66.77 | 39.88 | 57.81 | 13.96 | 26.90 | 23.91 | 142 |
| Free cash flow | −7.97 | 18.93 | 15.94 | 6.97 | −1.99 | 25.88 | −44.85 |
| CFO / OP % | 75.0% | 76.1% | 90.1% | 65.0% | 79.1% | 82.0% | 128.1% |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Debtor days | 70 | 88 | 64 | 94 | 116 | 116 | 67 |
| Inventory days | 56 | 62 | 62 | 44 | 47 | 50 | 31 |
| Days payable | 78 | 63 | 51 | 42 | 67 | 72 | 44 |
| Cash conversion cycle | 49 | 88 | 76 | 96 | 97 | 95 | 56 |
| Working capital days | 72 | 85 | 68 | 87 | 121 | 101 | 59 |
| ROCE % | — | 18.0% | 19.0% | 4.0% | 5.0% | 8.0% | 9.0% |
For the Sep 2026 quarter, Bhageria Industries reported sales of ₹455 Cr, up 123.5% year on year and net profit of ₹55.80 Cr, up 409.1% year on year. The operating margin was 18.9%.
Bhageria Industries' sales for the year to Mar 2026 were ₹873 Cr; over the last twelve months they were ₹1,253 Cr.
Net profit for the year to Mar 2026 was ₹43.85 Cr, and ₹112 Cr over the last twelve months. Earnings per share over the same trailing period were ₹25.85.
Bhageria Industries reported borrowings of ₹109 Cr at Mar 2026, against cash and equivalents of ₹7.02 Cr.
Cash from operations was ₹99.15 Cr in the year to Mar 2026; after capital spending, free cash flow was −₹44.85 Cr.