Results
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Bhagwati Autocast reported strong full-year results with revenue growing 22.4% to ₹17,124.63 Lakhs from ₹13,994.44 Lakhs in the prior year. Profit after tax more than doubled, rising 111% to ₹1,300.98 Lakhs from ₹615.82 Lakhs, driven by improved operational efficiency. EBITDA margin expanded by approximately 4.3 percentage points year-on-year. The company's balance sheet strengthened with cash and cash equivalents surging to ₹918.10 Lakhs from just ₹7.47 Lakhs previously, reflecting robust operating cash flow of ₹1,656.91 Lakhs. The statutory auditors (Mahendra N. Shah & Co.) issued an unmodified clean opinion, though an Emphasis of Matter was raised regarding pending confirmation and reconciliation of trade receivables, creditors and advances — this did not modify the audit opinion. The board recommended a dividend of ₹3 per equity share.
Strong operational performance with doubled PAT and margin expansion is positive for shareholders. The clean audit opinion and strong cash position are reassuring, though the Emphasis of Matter on receivables reconciliation warrants monitoring.