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NSE:BHAGCHEM

BHAGIRADHA CHEM & INDS L

Chemicals › Fertilizers & Agrochemicals
₹205.73
at close · 28 Oct 2026
▲ 1.78 (+0.87%)

Latest filings

Next results: Tue, 3 Nov · Financial Results
  1. Board to approve September 2026 unaudited financial results · Results
  2. Reg 74(5) DP Compliance Certificate for Sep 2026 Quarter · Compliance
  3. Bhagiradha Chemicals trading window closure from Oct 1, 2026 ahead of Q2 results · Compliance
All filings ↓
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Snapshot

What the business is, and whether it's a good one at a fair price.

AI · written from filings

Manufactures agrochemical products as its single business, with the 'Manufacturing of Agro Chemicals' segment accounting for 100% of segment revenue in the latest reported quarter. For FY26, consolidated revenue was Rs 535.9433 crore with an EBITDA margin of 11.1027%. The largest cost line is raw materials at 63.4% of revenue, followed by other operating expenses at 17.6% and employee costs at 9.2%, while capex ran at 29.9% of revenue. The wholly-owned subsidiary Bheema Fine Chemicals contributed Rs 81.34 crore in revenue but operated at only 35% capacity. Operations added 19 new customers in FY26 to reach 149 in total, launched 3 new molecules, and a Phase II expansion of about Rs 400 crore is targeted for Q2 FY28. The workforce comprises 224 permanent employees and 608 workers, supported by a 4MW solar plant and a Zero Liquid Discharge system.

Operating scale
Customers
149 (added 19 in FY26)FY26
New molecules launched
3FY26
Subsidiary Bheema Fine Chemicals
Rs 81.34 crore revenue at 35% capacityFY26
Phase II expansion
About Rs 400 crore, targeted Q2 FY28FY28
Workforce
224 permanent employees, 608 workersFY26
Export share of revenue
2.50%FY26
Who pays it
Agrochemical buyers; specific end-customers not disclosed in the facts
Biggest cost
Raw materials at 63.4% of revenue
Kind of business
Single-segment, materials-heavy agrochemical manufacturing with an under-utilised subsidiary and a large planned capacity expansion
Where it sits
NSE/BSE-listed agrochemical maker with Rs 535.9433 crore FY26 revenue and a wholly-owned subsidiary Bheema Fine Chemicals operating at 35% capacity
Market Cap
₹2,668 Cr
P / E (TTM)
97.0×
EV / EBITDA
35.1×
Div Yield
0.07%
Growth
11.0%▲
Revenue 5y CAGR
PAT -4.9% · EBITDA +4.1%
Quality
7.7%·
ROCE (5y median)
ROE 4.4% (5y median) · margin 11.1%
Leverage
0.33·
Debt / Equity · low
Net debt ₹215 Cr
Revenue FY21→FY26
1.7×▲
Margin −3.9 pts
₹318 Cr → ₹536 Cr
Cash conversion
0.10×▼
Operating cash ÷ profit · 5 yrs
₹13 Cr on ₹131 Cr
Moves on a normal day
1.42%·
Median daily move
Last 267 sessions · the yardstick for filing-day moves
Where it sits among 29 Pesticides & Agrochemicals peersBar = share of peers beaten · tick = industry median · latest reported figures
P/E (TTM)#23/24
P/B#24/28
ROCE#21/29
ROE#19/28
Debt / Equity#15/29
EBITDA margin#11/28
Revenue growth#3/28
Profit growth#2/28

Scorecard

Measured from the filed financials, judged against its Pesticides & Agrochemicals peers · as of FY26 — not investment advice

Strengths
Nothing stands out in the filed numbers.
Concerns
Profit shrinking over 5 years (−5% a year)
Returns on capital 7.7% (5-year median)
#21 of 29 in Pesticides & Agrochemicals on the latest reported figures · down from 22.7% in FY21
Over 5 years it reported ₹131 Cr of profit and ₹13 Cr of operating cash — 0.10×
Less than 60p of every ₹1 of profit arrived as cash
Heavy working capital — 145 days of cash tied up
Customers are taking longer to pay — 68 → 139 days of receivables
FY21 → FY26
EPS grew slower than profit — the share count rose (bonus or dilution)

Charts

How has the market priced it — with filings on the timeline?

BHAGCHEM · price

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

Peers

How does it stack up on valuation, returns and growth?

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Financials

Quarterly & annual P&L, balance sheet, cash flow, ratios and segments.

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Ownership

Who owns it — and is the promoter stake clean?

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Common questions

Answered from BHAGIRADHA CHEM & INDS L's filed financials and exchange disclosures

What does BHAGIRADHA CHEM & INDS L do?

BHAGIRADHA CHEM & INDS L is a Fertilizers & Agrochemicals company listed on NSE and BSE, trading under the symbol BHAGCHEM.

Is BHAGIRADHA CHEM & INDS L profitable?

Yes. Over the trailing twelve months BHAGIRADHA CHEM & INDS L reported a net profit of ₹28 Cr on revenue of ₹607 Cr.

Does BHAGIRADHA CHEM & INDS L pay a dividend?

Yes. The dividend yield is 0.07% at the current price. It paid out 11% of its profit as dividend in FY26.

Is BHAGIRADHA CHEM & INDS L debt-free?

No. It reported borrowings of ₹231 Cr on its 31 Mar 2026 balance sheet, or net debt of ₹215 Cr after cash. Debt stands at 0.33× equity. That is lower than 50% of its 29 Pesticides & Agrochemicals peers.

Is BHAGIRADHA CHEM & INDS L expensive compared with its peers?

On trailing P/E, BHAGIRADHA CHEM & INDS L ranks 23 of 24 in Pesticides & Agrochemicals — cheaper than 4% of them, against an industry median of 19.0×. This is a position, not a valuation judgement.

How much does the BHAGIRADHA CHEM & INDS L share price move in a day?

On a typical session BHAGIRADHA CHEM & INDS L moves 1.42% — that is the median absolute close-to-close move across its last 267 trading days. MarketPing measures each filing's price reaction against it.

When are BHAGIRADHA CHEM & INDS L's next results?

Financial Results on Tue, 3 Nov. MarketPing alerts you on WhatsApp the moment the filing lands.

Where can I track BHAGIRADHA CHEM & INDS L's announcements?

Every NSE and BSE filing by BHAGIRADHA CHEM & INDS L appears on this page, AI-summarised, alongside the price reaction that followed it. Follow the company to get each new filing on WhatsApp within minutes.

Figures are as last reported and may lag the latest filing. Not investment advice.