BSEBhagwati Autocast LtdHighNeutral
Announced Sat, 30 May · 18:30 IST

Revised outcome

Auditor Mid Year ChangeEmphasis Of MatterResults View source PDF

Price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
-3.6%1-day move
₹559.00
prior close
₹565.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0-1.1-6.2-11.5-3.6-7.2-9.5-8.2-10.2-10.6-9.5-10.6
Up moveDown movePending
AI summary

Bhagwati Autocast Limited reported audited annual results for FY2025-26 with revenue from operations at ₹15,241.03 lakhs, up 15.5% from ₹13,190.99 lakhs in the previous year. PAT stood at ₹1,013.68 lakhs versus ₹969.83 lakhs, a modest 4.5% increase. The Board recommended a final dividend of ₹3.50 per share (35%). Key changes include appointment of M/s TRS & Associates as new Statutory Auditors for 5 years, replacing M/s Mahendra N. Shah & Co. Mr. Prakash Dalal was appointed as Additional Director (Non-Executive). The Statutory Auditor issued an unmodified opinion but drew attention via 'Emphasis of Matter' to pending confirmation/reconciliation of trade receivables, creditors and advances.

Likely market impact

Revenue growth is healthy at 15.5% though PAT growth lagged at 4.5%, suggesting margin pressure. The auditor change and emphasis on receivable/creditor reconciliation warrants monitoring. The unchanged audit opinion and dividend declaration indicate no immediate going concern issues.