Bhageria Industries Limited

BSE: BHAGERIA530803ISIN INE354C01027

Commodities
Dyes And Pigments
BSE Commodities

Share price

₹354.10-11.70 (-3.20%)

as of 4 Nov 2026

Prices adjusted for splits and bonuses; cash dividends excluded. Volume shows actual shares traded.

52W high: ₹424.70
52W low: ₹128.15
Off 52W high: -16.62%
1M return: -2.81%
3M return: +68.54%
6M return: +110.77%
1Y return: +65.62%
20D avg volume: 30,686
50 DMA: ₹334.74
200 DMA: ₹217.39

Key ratios Consolidated

Market cap: ₹1,545 Cr
Current price: ₹354.10
52W high / low: ₹424.70 / ₹128.15
Face value: ₹5.00
P/E: 13.82
P/B: 2.29
EPS (TTM): ₹25.61
Book value / share: ₹154.94
ROE: —
ROCE: 9.10%
Operating margin: —
Net margin: —
Debt / equity: 0.17
Net debt: ₹95.89 Cr
Interest cover: 19.12
Dividend yield: 0.71%
Dividend / share (TTM): ₹2.50
Payout: 9.76%
Cash conversion cycle: 58.6 days

Financials

Metric	Q2 FY27	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24
Income statement
	455.70	286.42	270.56	241.54	204.39	157.48	182.63	170.35	129.11	112.53	182.30	111.97
	3.99	15.61	-4.26	2.97	1.63	6.48	0.99	1.97	3.31	4.66	3.98	5.79
	459.69	302.03	266.30	244.50	206.02	163.97	183.61	168.39	132.41	117.18	186.29	117.76
	384.05	255.93	249.62	230.70	189.96	148.55	162.03	152.26	123.97	109.14	176.70	106.31
	281.71	202.80	162.22	143.38	128.53	106.45	98.53	88.67	61.08	58.28	71.45	66.80
	26.83	31.61	27.60	40.68	17.92	7.20	5.71	6.09	9.66	14.46	40.74	27.65
	7.76	7.09	7.28	7.05	7.00	6.63	6.19	6.02	5.92	5.70	5.61	5.53
	2.63	1.90	0.94	0.74	0.75	0.99	0.73	0.77	0.54	0.76	0.52	0.30
	10.39	9.64	8.76	8.16	7.93	7.76	8.08	8.00	7.90	7.44	8.23	8.07
	35.79	30.75	29.41	30.82	27.24	29.45	37.95	39.56	34.55	25.54	33.94	24.08
	75.64	46.10	16.68	13.80	16.06	15.42	21.58	16.13	8.44	8.04	9.59	11.46
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	75.64	46.10	16.68	13.80	16.06	15.42	21.58	16.13	8.44	8.04	9.59	11.46
	19.89	12.19	5.39	2.96	4.59	4.54	6.46	4.75	2.06	2.23	3.22	3.23
	55.75	33.91	11.30	10.84	11.47	10.88	15.12	11.38	6.38	5.81	6.37	8.23
	12.81	7.83	2.71	2.56	2.70	2.58	3.61	2.78	1.50	1.36	1.55	1.89
Key metrics
	88.66	57.64	26.38	22.70	24.74	24.17	30.39	24.90	16.88	16.24	18.34	19.83
	19.50%	20.10%	9.80%	9.40%	12.10%	15.30%	16.60%	14.60%	13.10%	14.40%	10.10%	17.70%
	12.20%	11.80%	4.20%	4.50%	5.60%	6.90%	8.30%	6.70%	4.90%	5.20%	3.50%	7.40%
	9.60%	—	2.50%	—	2.60%	—	3.70%	—	—	—	—	—
	123.00%	81.90%	48.10%	41.80%	58.30%	39.90%	0.20%	52.10%	—	—	—	—
	386.10%	211.70%	-25.30%	-4.70%	79.80%	87.30%	137.40%	38.30%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22
Income statement
	1,254	873.97	594.61	494.33	501.49	601.30
	18.31	6.82	6.98	16.88	3.84	9.28
	1,273	880.79	601.59	511.21	505.33	610.58
	1,120	818.82	547.41	484.95	484.97	515.31
	790.11	540.58	306.57	242.31	340.41	334.27
	126.72	93.41	35.91	98.60	4.19	61.44
	29.18	27.97	23.83	21.24	20.05	19.55
	6.21	3.42	2.79	1.85	3.52	1.84
	36.95	32.62	31.42	31.72	34.44	28.57
	126.77	116.92	137.59	96.42	74.12	88.26
	152.22	61.97	54.18	26.26	20.37	95.28
	0.00	0.00	0.00	0.00	0.00	0.00
	152.22	61.97	54.18	26.26	20.37	95.28
	40.43	17.48	15.49	7.74	5.66	24.68
	111.80	44.49	38.69	18.53	14.71	70.60
	25.91	10.56	9.26	4.37	3.38	16.17
Key metrics
	195.38	98.01	88.39	59.83	58.33	125.69
	15.58%	11.20%	14.90%	12.10%	11.60%	20.90%
	8.91%	5.10%	6.50%	3.70%	2.90%	11.70%
	—	9.10%	9.40%	—	—	—
	75.45%	47.00%	20.30%	-1.40%	-16.60%	—
	128.86%	15.00%	108.80%	26.00%	-79.20%	—
	—	-44.75	24.81	—	—	—
	—	2.21	1.35	—	—	—
	—	0.17	0.08	—	—	—
	—	95.89	42.57	—	—	—
	—	58.6	102.8	—	—	—
Balance sheet
	—	860.49	732.76	—	—	—
	—	312.23	346.70	—	—	—
	—	5.05	2.41	—	—	—
	—	159.02	186.77	—	—	—
	—	55.91	49.07	—	—	—
	—	17.55	10.81	—	—	—
	—	382.90	348.50	—	—	—
	—	74.48	68.28	—	—	—
	—	142.66	129.13	—	—	—
	—	100.94	44.98	—	—	—
	—	25.10	42.01	—	—	—
	—	75.84	2.97	—	—	—
	—	593.59	556.20	—	—	—
Cash flow
	—	98.51	52.13	—	—	—
	—	-141.12	-46.36	—	—	—
	—	46.09	-8.97	—	—	—
	—	143.26	27.32	—	—	—

Metric	Q2 FY27	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24
Income statement
	453.01	284.02	266.75	241.93	204.75	158.00	183.66	171.60	129.37	112.53	182.94	111.97
	5.28	16.76	2.71	3.43	1.66	6.75	0.98	1.99	3.29	4.64	3.96	5.79
	458.29	300.78	264.04	245.35	206.41	164.75	184.64	169.61	132.66	117.17	186.90	117.76
	379.46	252.38	244.47	230.37	189.64	148.22	161.67	151.92	123.87	108.85	176.50	106.22
	281.71	202.80	162.22	143.38	128.53	106.45	98.53	88.67	61.82	58.28	71.45	66.80
	26.83	31.61	23.41	40.68	17.92	7.20	5.71	6.09	9.15	14.46	40.74	27.65
	7.76	7.09	7.27	7.04	7.00	6.63	6.19	6.02	5.91	5.70	5.61	5.53
	0.93	0.60	0.50	0.43	0.46	0.71	0.44	0.45	0.23	0.51	0.41	0.21
	8.01	7.82	8.43	8.16	7.93	7.76	8.08	8.00	7.90	7.44	8.23	8.07
	35.28	30.33	29.23	30.82	27.21	29.41	37.88	39.54	34.53	25.49	33.85	24.08
	78.83	48.40	19.57	14.98	16.78	16.53	22.97	17.69	8.78	8.31	10.40	11.54
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—	—
	78.83	48.40	19.57	14.98	16.78	16.53	22.97	17.69	8.78	8.31	10.40	11.54
	20.55	12.45	5.47	2.96	4.59	4.54	6.46	4.75	2.06	2.23	3.22	3.23
	58.29	35.95	14.10	12.02	12.19	11.99	16.51	12.94	6.73	6.09	7.18	8.32
	13.35	8.24	3.23	2.75	2.79	2.75	3.78	2.96	1.54	1.40	1.65	1.91
Key metrics
	87.77	56.82	28.50	23.57	25.17	25.00	31.49	26.14	16.91	16.26	19.04	19.82
	19.40%	20.00%	10.70%	9.70%	12.30%	15.80%	17.10%	15.20%	13.10%	14.40%	10.40%	17.70%
	12.90%	12.70%	5.30%	5.00%	6.00%	7.60%	9.00%	7.50%	5.20%	5.40%	3.90%	7.40%
	11.00%	—	3.10%	—	2.80%	—	3.90%	—	—	—	—	—
	121.30%	79.80%	45.20%	41.00%	58.30%	40.40%	0.40%	53.30%	—	—	—	—
	378.20%	199.80%	-14.60%	-7.10%	81.10%	96.90%	129.90%	55.50%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22
Income statement
	1,246	871.43	597.16	494.97	501.49	596.22
	28.18	9.12	6.92	16.85	3.61	9.06
	1,268	880.56	604.08	511.82	505.10	605.28
	1,107	812.70	546.32	484.46	484.38	510.13
	790.11	540.58	307.30	242.31	340.41	334.27
	122.53	89.21	35.40	98.60	4.19	57.03
	29.16	27.94	23.83	21.24	20.05	19.55
	2.46	2.11	1.63	1.46	2.99	1.28
	32.42	32.28	31.42	31.72	34.43	28.57
	125.66	116.67	137.45	96.32	74.07	88.05
	161.78	67.86	57.76	27.36	20.71	95.15
	0.00	0.00	0.00	—	—	—
	161.78	67.86	57.76	27.36	20.71	95.15
	41.43	17.56	15.49	7.74	5.67	24.64
	120.36	50.30	42.27	19.62	15.05	70.50
	27.57	11.52	9.68	4.50	3.45	16.15
Key metrics
	196.66	102.25	90.81	60.54	58.13	125.00
	15.79%	11.70%	15.20%	12.20%	11.60%	21.00%
	9.66%	5.80%	7.10%	4.00%	3.00%	11.80%
	—	10.90%	9.90%	—	—	—
	73.49%	45.90%	20.60%	-1.30%	-15.90%	—
	124.43%	19.00%	115.40%	30.40%	-78.70%	—
	—	68.06	28.15	—	—	—
	—	2.03	1.24	—	—	—
	—	0.01	0.06	—	—	—
	—	3.82	30.28	—	—	—
	—	59.2	101.1	—	—	—
Balance sheet
	—	749.92	726.74	—	—	—
	—	309.73	342.14	—	—	—
	—	4.53	1.88	—	—	—
	—	159.38	184.48	—	—	—
	—	55.91	49.07	—	—	—
	—	16.20	10.17	—	—	—
	—	343.83	347.07	—	—	—
	—	73.97	68.20	—	—	—
	—	109.39	126.47	—	—	—
	—	8.35	32.16	—	—	—
	—	8.35	32.16	—	—	—
	—	0.00	0.00	—	—	—
	—	600.34	557.14	—	—	—
Cash flow
	—	102.34	52.58	—	—	—
	—	-36.81	-39.11	—	—	—
	—	-62.04	-15.71	—	—	—
	—	34.28	24.43	—	—	—

Compounded growth

Standalone

Sales CAGR 3Y: +20.22%
Sales CAGR 5Y: —
Profit CAGR 3Y: +49.51%
Profit CAGR 5Y: —
Sales YoY (TTM): +73.49%
Profit YoY (TTM): +124.43%

Consolidated

Sales CAGR 3Y: +20.34%
Sales CAGR 5Y: —
Profit CAGR 3Y: +44.62%
Profit CAGR 5Y: —
Sales YoY (TTM): +75.45%
Profit YoY (TTM): +128.86%

Compounded from reported annual figures. We publish no share-price CAGR: our prices are as-traded, so one would be wrong across every split and bonus issue.

Shareholding as of 30 Sep 2026

Promoter holding: 71.85%

Quarter	September 2026	June 2026
Promoter %	71.85%	71.76%

Holder	Type	Holding	Previous	Change
BHAGERIA TRADE INVEST PVT LTD	Promoter Group	15.16%	15.16%	0.00%
AKASHDEEP INTERNATIONAL PRIVATE LIMITED	Promoter Group	12.14%	12.14%	0.00%
BHAGERIA SURESH KESHAVDEO	Promoter	9.31%	9.31%	0.00%
DEEPAK VISHWAMBHARLAL BHAGERIA	Promoter Group	5.49%	5.49%	0.00%
RAKESH NIRANJANLAL BHAGERIA	Promoter Group	4.91%	4.91%	0.00%
PRISM SCAN EXPRESS PVT LTD	Public	4.46%	4.46%	0.00%
FUTURAGE CORPORATE CARE PRIVATE LIMITED	Public	4.39%	4.39%	0.00%
VIKAS SURESH BHAGERIA	Promoter Group	3.74%	3.74%	0.00%
RAHUL NIRANJANLAL BHAGERIA	Promoter Group	2.78%	2.78%	0.00%
SURESH BHAGERIA	Promoter Group	2.26%	2.26%	0.00%
BHAGERIA CHANDRAPRABHA SURESH	Promoter Group	2.09%	2.09%	0.00%
BHAGERIA ASHA DINESH	Promoter Group	2.03%	2.03%	0.00%
HARSHITA VIKAS BHAGERIA	Promoter Group	1.86%	1.86%	0.00%
DINESH VISHAMBHARLAL BHAGERIA	Promoter Group	1.62%	1.62%	0.00%
ARCHANA DEEPAK BHAGERIA	Promoter Group	1.35%	1.35%	0.00%

Public shareholders are disclosed individually only above 1%.

Peer comparison

Company	Mkt cap (₹ Cr)	Price (₹)	P/E	ROCE	Sales YoY	Profit YoY	1Y return
Sudarshan Chemical Indus. Ltd.	8,524	1,070.60	95.56	4.30%	+90.13% TTM	+4.06% TTM	-7.78%
KIRI INDUSTRIES LIMITED	3,411	523.35	0.58	89.10%	+10.71% TTM	+3,100.78% TTM	-2.89%
Bodal Chemicals Ltd	2,139	169.80	14.84	8.30%	+44.89% TTM	+306.66% TTM	+178.36%
Shree Pushkar Chemicals & Fertilisers Limited	1,926	595.60	21.50	13.10%	+21.62% TTM	+25.09% TTM	+51.19%
Bhageria Industries Limited	1,545	354.10	13.82	9.10%	+75.45% TTM	+128.86% TTM	+65.62%
Ultramarine & Pigments Ltd.	1,066	365.05	11.56	11.70%	+15.56% TTM	+17.19% TTM	-18.19%
Sudarshan Colorants India Limited S	875	378.95	15.72	10.00%	+6.26% TTM	-9.11% TTM	-25.40%
Asahi Songwon Colors Ltd.	437	371.15	12.79	10.40%	-0.60% TTM	+127.01% TTM	+31.82%
AksharChem (India) Ltd. S	293	364.80	10.19	0.80%	+32.59% TTM	+1,396.88% TTM	+38.58%
Poddar Pigments Ltd. S	263	248.00	17.78	5.80%	+4.50% TTM	-17.19% TTM	-9.82%
HINDPRAKASH INDUSTRIES LIMITED S	134	117.70	38.34	10.60%	+1.82% TTM	+137.16% TTM	-16.52%

Filings & corporate actions

Recent announcements

Announcement under Regulation 30 (LODR) -Newspaper Publication of Un-audited Financial result for Quarter ended September 30, 2026.30 Oct 2026 · Company Update / Newspaper Publication
Unaudited Financial Result ( Standalone & Consolidated) of Bhageria Industries Limited for Quarter & Half year ended 30, September, 2026.28 Oct 2026 · Result / Financial Results
Outcome of the Board Meeting oof Bhageria Industries Limited held on 28th October, 2026.28 Oct 2026 · Board Meeting / Outcome of Board Meeting
Announcement under Regulation 30 (LODR): Update22 Oct 2026 · Company Update / General
Bhageria Industries Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 28/10/2026 ,inter alia, to consider and approve Bhageria Industries Limited ....21 Oct 2026 · Board Meeting / Board Meeting
Announcement under Regulation 30, (2015)-Revised Credit Rating7 Oct 2026 · Company Update / General
Compliances-Certificate under Reg. 74(5) of SEBI (DP) Regulation, 20157 Oct 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Announcement under Regulation 30 (LODR) - Credit Rating30 Sep 2026 · Company Update / Credit Rating
Clarification on Price Movement22 Sep 2026 · Company Update / General
The Exchange has sought clarification from Bhageria Industries Ltd on September 21, 2026 with reference to significant movement in price, in order to ensure that investors have latest relevant ....21 Sep 2026 · Company Update / Clarification
We hereby informed that the Trading window for dealing in Securities of the Company shall remain closed for all designated persons of the Company and their immediate relative from October ....19 Sep 2026 · Insider Trading / SAST / Closure of Trading Window
Bhageria Industries Limited has informed the exchange , a copy of Scrutinizer report of 37th Annual General Meeting held on Saturday 1st August, 2026. Further , the Company has informed ....1 Aug 2026 · AGM/EGM / AGM
Bhageria Industries Limited has informed the Exchange regarding proceeding of Annual General Meeting held on Saturday 1st August, 2026.1 Aug 2026 · AGM/EGM / AGM
Announcement under Regulation 30 (LODR)-Update30 Jul 2026 · Company Update / General
Announcement under Regulation 30 (LODR)- Newspaper Publication23 Jul 2026 · Company Update / Newspaper Publication
Unaudited Standalone and Consolidated Financial Result of the Company for the Quarter Ended June 30, 2026.22 Jul 2026 · Result / Financial Results
Outcome Of The Board Meeting Held On July 22, 202622 Jul 2026 · Board Meeting / Outcome of Board Meeting
Bhageria Industries Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 22/07/2026 ,inter alia, to consider and approve Bhageria Industries Limited ....16 Jul 2026 · Board Meeting / Board Meeting
Letter sent to Shareholders Pursuant to Regulation 36(1)(B)of SEBI (LODR) Regulations, 201510 Jul 2026 · Company Update / General
Intimation for publication of post advertisement of 37th Annual General Meeting of the Company10 Jul 2026 · Company Update / Newspaper Publication
Notice of 37th Annual General Meeting along with Integrated Annual Report of the Company for the Financial Year 2025-269 Jul 2026 · Others / Reg. 34 (1) Annual Report
Notice of 37th Annual General Meeting along with integrated Annual Report for Financial Year 2025-269 Jul 2026 · AGM/EGM / AGM
Notice of 37th Annual General Meeting along with Integrated Annual Report for Financial Year 2025-269 Jul 2026 · AGM/EGM / AGM
Certificate under Reg. 74 (5) of SEBI (DP) Regulations for the Quarter ended on 30-06-20269 Jul 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Intimation regarding date of Annual General Meeting, Book Closure & Record date for the payment of Final Dividend to the Shareholders of the Company.3 Jul 2026 · Corp Action / Date of payment of Dividend
Newspaper intimation 37th Annual General Meeting (AGM) of the Company3 Jul 2026 · Company Update / Newspaper Publication
Intimation regarding 37th Annual General Meeting, Book Closure & Record date for payment of Final Dividend to the Shareholders of the Company for FY 25-263 Jul 2026 · AGM/EGM / AGM
Intimation regarding Book closer & Record date for the payment of Final Dividend to the Shareholders of the Company for FY 25-263 Jul 2026 · Corp. Action / Record Date
We hereby informed that the Trading window for dealing in Securities of the Company shall remain closed for all designated person of the Company and their immediate relative from July 1 ....18 Jun 2026 · Insider Trading / SAST / Closure of Trading Window
Announcement Under Regulation 30 (LODR), 2015: Update regarding Intimation to Shareholder for transfer of Share to IEPF in Newspaper.10 Jun 2026 · Company Update / General
Clarification on price movement9 Jun 2026 · Company Update / General
The Exchange has sought clarification from Bhageria Industries Ltd on June 08, 2026 with reference to significant movement in price, in order to ensure that investors have latest relevant ....8 Jun 2026 · Company Update / Clarification
Clarification on Volume movement6 Jun 2026 · Company Update / General
Announcement under Regulation 30(LODR)-Update25 May 2026 · Company Update / General
Submission of Annual Secretarial Compliance report of the Company for the Year ended 31st March , 202625 May 2026 · Company Update / Reg.24(A)-Annual Secretarial Compliance
Announcement under Regulation 30 (LODR) -Update16 May 2026 · Company Update / General
Announcement under Regulation 30(LODR)- Shifting of registered office15 May 2026 · Company Update / General
Announcement under Regulation 30(LODR) : Incorporation of New Wholly owned Subsidiary Company ( Bhageria Rare Earth Minerals Private Limited)14 May 2026 · Company Update / General
Announcement under Regulation 30 (LODR) 2015: Newspaper Publication4 May 2026 · Company Update / General
Appointment of Cost Auditor & Internal Auditor2 May 2026 · Company Update / Change in Management

Corporate actions

Purpose	Ex date	Record date	Payment date
Final Dividend - Rs. - 2.5000	24 Jul 2026	24 Jul 2026	—
Dividend - Rs. - 1.5000	25 Jul 2025	25 Jul 2025	—
Final Dividend - Rs. - 1.0000	23 Aug 2024	—	—

Board meetings

28 Oct 2026 Board Meeting - Financial Results
22 Jul 2026 Board Meeting - Financial Results