Bhagiradha Chemicals and Industries

BSE: BHAGCHEM531719ISIN INE414D01027

Commodities
Pesticides & Agrochemicals
BSE Commodities

Share price

₹194.40+6.85 (+3.65%)

as of 4 Nov 2026

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

52W high: ₹315.90
52W low: ₹170.00
Off 52W high: -38.46%
1M return: -15.51%
3M return: -31.00%
6M return: -26.78%
1Y return: -21.34%
20D avg volume: 4,397
50 DMA: ₹237.66
200 DMA: ₹240.96

Key ratios Consolidated

Market cap: ₹2,521 Cr
Current price: ₹194.40
52W high / low: ₹315.90 / ₹170.00
Face value: ₹1.00
P/E: 110.74
P/B: 3.52
EPS (TTM): ₹2.12
Book value / share: ₹55.16
ROE: —
ROCE: 4.40%
Operating margin: —
Net margin: —
Debt / equity: 0.33
Net debt: ₹214.71 Cr
Interest cover: 2.21
Dividend yield: 0.08%
Dividend / share (TTM): ₹0.15
Payout: 7.08%
Cash conversion cycle: 144.7 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
	169.92	195.02	158.10	113.97	140.10	123.78	122.62	102.73	103.73	111.39	111.25	74.37
	0.50	1.78	0.67	0.59	0.46	0.64	1.32	2.45	3.25	2.27	1.47	0.76
	170.42	196.80	158.77	114.56	140.56	124.42	123.94	105.18	106.97	113.66	112.72	75.13
	163.85	179.26	153.96	108.27	133.06	121.91	121.69	99.63	99.20	103.99	102.16	70.34
	147.17	150.39	93.67	87.06	86.44	72.79	70.08	73.22	70.51	65.20	65.41	77.10
	1.40	19.72	2.27	0.00	0.00	0.00	0.00	—	—	—	—	—
	15.25	14.67	14.65	11.86	11.56	11.40	10.99	9.81	10.25	9.63	8.81	8.32
	7.64	6.43	7.05	3.10	4.06	3.26	1.55	2.45	1.77	1.34	2.14	1.56
	9.01	8.34	8.24	4.88	3.96	3.87	3.60	3.61	3.41	3.25	2.85	2.69
	31.87	30.03	27.45	23.44	22.13	21.14	21.85	21.98	20.70	20.19	22.35	22.02
	6.57	17.54	4.81	6.29	7.51	2.50	2.25	5.55	7.78	9.67	10.56	4.79
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	6.57	17.54	4.81	6.29	7.51	2.50	2.25	5.55	7.78	9.67	10.56	4.79
	1.16	4.21	0.74	1.67	2.00	-1.48	3.13	1.96	2.34	3.96	3.34	1.47
	5.41	13.33	4.07	4.62	5.50	3.98	-0.88	3.59	5.44	5.71	7.22	3.32
	0.42	1.03	0.31	0.36	0.42	0.31	-0.08	0.28	0.43	0.50	0.69	3.19
Key metrics
	23.22	32.31	20.10	14.27	15.53	9.63	7.40	11.61	12.96	14.26	15.55	9.04
	13.70%	16.60%	12.70%	12.50%	11.10%	7.80%	6.00%	11.30%	12.50%	12.80%	14.00%	12.20%
	3.20%	6.80%	2.60%	4.10%	3.90%	3.20%	-0.70%	3.50%	5.20%	5.10%	6.50%	4.50%
	1.50%	—	1.40%	—	1.40%	—	0.50%	—	—	—	—	—
	21.30%	57.60%	28.90%	10.90%	35.10%	11.10%	10.20%	38.10%	—	—	—	—
	-1.60%	234.90%	562.50%	28.70%	1.10%	-30.30%	-112.20%	8.10%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22
Income statement
	637.01	535.94	440.47	407.65	502.09	435.67
	3.54	2.36	9.28	2.68	1.26	0.85
	640.55	538.31	449.75	410.33	503.35	436.52
	605.34	517.20	424.50	383.40	439.57	385.21
	478.29	339.96	279.01	272.29	336.99	275.49
	23.39	2.27	0.00	—	0.41	—
	56.43	49.46	40.68	33.28	29.57	23.90
	24.22	17.46	7.11	7.69	4.99	9.09
	30.47	20.93	13.86	10.98	9.81	8.73
	112.79	94.15	84.71	84.83	81.78	66.80
	35.21	21.11	25.25	26.92	63.78	51.31
	0.00	0.00	0.00	0.00	0.00	0.00
	35.21	21.11	25.25	26.92	63.78	51.31
	7.78	2.93	11.39	8.70	18.63	15.56
	27.43	18.17	13.86	18.22	45.15	35.75
	2.12	1.40	1.14	1.75	44.35	43.02
Key metrics
	89.90	59.50	46.22	45.59	78.58	69.13
	14.11%	11.10%	10.50%	11.20%	15.70%	15.90%
	4.31%	3.40%	3.10%	4.50%	9.00%	8.20%
	—	4.40%	4.40%	—	—	—
	30.21%	21.70%	8.10%	-18.80%	15.20%	—
	125.02%	31.10%	-23.90%	-59.60%	26.30%	—
	—	-148.13	-305.08	—	—	—
	—	0.66	-3.81	—	—	—
	—	0.33	0.12	—	—	—
	—	214.71	55.65	—	—	—
	—	144.7	174.4	—	—	—
Balance sheet
	—	1,120	933.15	—	—	—
	—	436.49	374.88	—	—	—
	—	16.35	28.80	—	—	—
	—	204.68	173.86	—	—	—
	—	145.75	129.71	—	—	—
	—	65.62	41.09	—	—	—
	—	578.46	243.17	—	—	—
	—	138.09	93.18	—	—	—
	—	245.54	195.26	—	—	—
	—	231.06	84.45	—	—	—
	—	77.92	54.40	—	—	—
	—	153.14	30.05	—	—	—
	—	698.32	682.22	—	—	—
Cash flow
	—	12.01	-52.80	—	—	—
	—	-160.17	-199.99	—	—	—
	—	136.28	271.66	—	—	—
	—	160.14	252.28	—	—	—

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
	146.64	173.67	149.16	113.92	134.36	123.78	122.63	102.73	100.22	110.78	110.32	74.37
	1.70	2.08	0.92	0.74	0.55	3.50	6.10	5.50	5.24	3.64	2.53	1.38
	148.34	175.76	150.08	114.66	134.91	127.27	128.73	108.23	105.46	114.41	112.85	75.75
	143.25	161.41	141.65	108.13	126.91	120.06	119.85	98.83	95.03	103.09	101.35	70.59
	130.21	122.20	88.91	77.20	83.23	73.65	71.31	69.58	67.30	62.08	63.98	77.10
	18.74	17.04	2.27	0.00	0.00	0.00	0.00	—	—	—	—	—
	10.63	10.67	11.17	10.29	10.31	10.46	10.17	9.73	9.40	9.10	8.76	8.31
	3.14	2.83	3.00	2.13	3.33	2.93	1.36	2.29	1.65	1.34	2.14	1.57
	3.57	3.48	3.50	3.50	3.43	3.36	3.10	3.11	2.91	2.82	2.83	2.82
	21.53	20.29	22.17	21.42	20.82	20.42	21.48	21.44	20.04	19.72	22.23	22.12
	5.09	14.34	8.43	6.53	8.00	7.21	8.88	9.40	10.42	11.32	11.50	5.16
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—	—
	5.09	14.34	8.43	6.53	8.00	7.21	8.88	9.40	10.42	11.32	11.50	5.16
	1.01	3.66	1.23	1.70	2.08	1.07	3.72	2.27	2.56	4.09	3.39	1.47
	4.08	10.68	7.21	4.83	5.92	8.29	5.16	7.13	7.87	7.23	8.12	3.69
	0.31	0.82	0.56	0.37	0.46	0.64	0.41	0.57	0.63	0.64	0.78	3.55
Key metrics
	11.80	20.65	14.93	12.16	14.76	13.50	13.34	14.80	14.98	15.48	16.47	9.55
	8.00%	11.90%	10.00%	10.70%	11.00%	10.90%	10.90%	14.40%	14.90%	14.00%	14.90%	12.80%
	2.80%	6.10%	4.80%	4.20%	4.40%	6.70%	4.20%	6.90%	7.90%	6.50%	7.40%	5.00%
	1.00%	—	1.50%	—	1.50%	—	1.40%	—	—	—	—	—
	9.10%	40.30%	21.60%	10.90%	34.10%	11.70%	11.20%	38.10%	—	—	—	—
	-31.10%	28.80%	39.70%	-32.30%	-24.80%	14.70%	-36.50%	93.20%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22
Income statement
	583.39	521.22	436.36	406.72	502.09	435.67
	5.44	5.70	20.47	4.81	1.84	0.87
	588.84	526.92	456.83	411.53	503.94	436.54
	554.44	496.76	416.80	382.48	438.89	385.07
	418.52	322.99	270.28	270.87	336.99	275.49
	38.05	2.27	0.00	—	0.41	—
	42.76	42.24	38.41	33.21	29.54	23.88
	11.10	11.39	6.64	7.69	4.98	9.08
	14.05	13.79	11.94	10.96	9.67	8.65
	85.41	84.83	82.69	84.63	81.30	66.78
	34.39	30.17	40.03	29.05	65.04	51.46
	0.00	0.00	0.00	—	—	—
	34.39	30.17	40.03	29.05	65.04	51.46
	7.60	3.93	12.64	8.75	18.63	15.56
	26.80	26.24	27.39	20.30	46.41	35.90
	2.06	2.02	2.25	1.95	45.58	43.21
Key metrics
	59.54	55.35	58.61	47.70	79.69	69.19
	10.21%	10.60%	13.40%	11.70%	15.90%	15.90%
	4.59%	5.00%	6.30%	5.00%	9.20%	8.20%
	—	5.40%	6.20%	—	—	—
	20.66%	19.40%	7.30%	-19.00%	15.20%	—
	1.13%	-4.20%	34.90%	-56.30%	29.30%	—
	—	22.65	-47.38	—	—	—
	—	1.36	-0.04	—	—	—
	—	0.12	0.10	—	—	—
	—	75.62	56.50	—	—	—
	—	134.8	160.2	—	—	—
Balance sheet
	—	948.10	913.84	—	—	—
	—	315.96	647.62	—	—	—
	—	14.61	16.12	—	—	—
	—	200.17	173.87	—	—	—
	—	92.33	118.07	—	—	—
	—	5.68	4.55	—	—	—
	—	211.84	201.66	—	—	—
	—	100.15	100.40	—	—	—
	—	175.53	157.79	—	—	—
	—	90.23	72.62	—	—	—
	—	66.21	42.57	—	—	—
	—	24.02	30.05	—	—	—
	—	723.56	699.38	—	—	—
Cash flow
	—	35.78	-1.11	—	—	—
	—	-44.03	-249.65	—	—	—
	—	7.31	260.16	—	—	—
	—	13.13	46.27	—	—	—

Compounded growth

Standalone

Sales CAGR 3Y: +1.25%
Sales CAGR 5Y: —
Profit CAGR 3Y: -17.31%
Profit CAGR 5Y: —
Sales YoY (TTM): +20.66%
Profit YoY (TTM): +1.13%

Consolidated

Sales CAGR 3Y: +2.20%
Sales CAGR 5Y: —
Profit CAGR 3Y: -26.17%
Profit CAGR 5Y: —
Sales YoY (TTM): +30.21%
Profit YoY (TTM): +125.02%

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: 19.60%

Quarter	September 2026	June 2026
Promoter %	19.60%	19.60%

Holder	Type	Holding	Previous	Change
RATNABALI INVESTMENT PRIVATE LIMITED	Public	14.07%	14.07%	0.00%
SINGAVARAPU CHANDRASEKHAR	Promoter	12.90%	12.90%	0.00%
EMERALD COMPANY PRIVATE LIMITED	Public	4.68%	4.68%	0.00%
R VENKATA NARAYANA	Public	4.27%	4.27%	0.00%
GREENPATH ENERGY PRIVATE	Promoter Group	3.68%	—	—
DERIVE TRADING AND RESORTS PRIVATE LIMITED	Public	3.32%	3.32%	0.00%
AAYUSHMAN RAJESH NUWAL	Public	3.15%	3.07%	+0.08%
360 ONE SPECIAL OPPORTUNITIES FUND - SER	Public	2.90%	2.90%	0.00%
GENESIS ADVERTISING PRIVATE LIMITED	Public	2.90%	2.66%	+0.24%
DIPESH K SHROFF	Public	2.29%	2.29%	0.00%
MOUNT INTRA FINANCE PRIVATE LIMITED	Public	2.18%	2.18%	0.00%
BABUKHAN LEGACY MANAGEMENT LLP	Public	2.09%	2.09%	0.00%
AGROCEL INDUSTRIES PRIVATE LIMITED	Public	1.95%	1.95%	0.00%
EADARA JAYALAXMI	Promoter	1.91%	1.91%	0.00%
NARAIN PRASAD DALMIA	Public	1.86%	1.86%	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
UPL Limited	44,614	528.50	20.63	11.20%	+10.33% TTM	-8.66% TTM	-27.73%
PI Industries Limited	33,178	2,186.80	28.48	14.60%	-16.57% TTM	-27.70% TTM	-40.62%
SUMITOMO CHEMICAL INDIA LIMITED	16,369	327.95	29.28	21.00%	-2.59% TTM	+2.94% TTM	-34.32%
Bayer CropScience Limited. S	14,606	3,249.85	19.59	27.90%	-5.00% TTM	+22.45% TTM	-32.80%
Sharda Cropchem Limited	6,122	678.60	9.51	25.30%	+17.28% TTM	+42.42% TTM	-16.28%
Dhanuka Agritech Ltd. S	4,203	942.75	14.83	22.10%	-0.06% TTM	+1.17% TTM	-28.35%
Rallis India Ltd S	3,681	189.30	18.69	12.30%	+6.82% TTM	+11.93% TTM	-27.67%
NACL Industries Limited	2,948	125.85	238.31	7.80%	+11.90% TTM	+121.22% TTM	—
Bhagiradha Chemicals and Industries	2,521	194.40	110.74	4.40%	+30.21% TTM	+125.02% TTM	-21.34%
GSP CROP SCIENCE LIMITED	2,036	437.70	—	20.20%	—	—	—
Insecticides India Ltd.	1,619	556.55	12.94	16.10%	+1.26% TTM	-17.02% TTM	-22.64%
Bharat Rasayan Limited	1,605	965.65	2.86	15.10%	-5.17% TTM	+4.24% TTM	-65.15%
Meghmani Organics Limited	1,414	55.62	22.02	8.60%	-5.19% TTM	+118.28% TTM	-28.34%
India Pesticides Limited	1,326	115.10	14.03	16.20%	+2.89% TTM	-9.46% TTM	-37.97%
ASTEC LIFESCIENCES LIMITED	1,266	568.00	-15.91	-10.50%	+16.06% TTM	+30.16% TTM	-14.44%
Punjab Chemicals and Crop Protection Ltd.	1,127	919.35	18.69	20.70%	+13.95% TTM	+15.36% TTM	-29.54%
Dharmaj Crop Guard Limited S	847	250.75	15.11	17.60%	+3.73% TTM	+15.20% TTM	-2.37%
Advance Agrolife Limited S	845	131.50	17.30	17.20%	—	—	+1.08%
Heranba Industries Limited	608	152.05	-7.91	-2.40%	-2.56% TTM	-853.72% TTM	-48.54%
BEST AGROLIFE LIMITED	516	14.54	10.71	7.60%	-19.67% TTM	+276.02% TTM	-32.22%
Shivalik Rasayan Ltd.	482	300.70	24.54	4.90%	+14.88% TTM	+1.34% TTM	-34.47%
MAHAMAYA LIFESCIENCES LIMITED	424	181.00	—	25.20%	—	—	—
Indogulf Cropsciences Limited	391	61.79	8.97	14.70%	—	—	-39.98%
Bhaskar Agrochemicals Ltd. S	55	105.90	11.16	31.80%	+21.00% TTM	-9.34% TTM	+2.17%
Super Crop Safe Ltd. S	54	13.34	23.82	5.80%	+43.30% TTM	+55.56% TTM	+27.78%

Filings & corporate actions

Recent announcements

Investor Presentation for the quarter ended 30.09.20264 Nov 2026 · Company Update / Investor Presentation
Newspaper Publication of financial results as on 30.09.20264 Nov 2026 · Company Update / Newspaper Publication
Unaudited Financial Results for the quarter ended 30.09.20263 Nov 2026 · Result / Financial Results
Outcome of Board Meeting dated November 03, 20263 Nov 2026 · Board Meeting / Outcome of Board Meeting
Bhagiradha Chemicals & Industries Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 03/11/2026 ,inter alia, to consider and approve The Un-Audited ....26 Oct 2026 · Board Meeting / Board Meeting
Compliance Certificate under Reg 74(5) of SEBI (DP) Regulations, 20185 Oct 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Closure of Trading Window25 Sep 2026 · Insider Trading / SAST / Closure of Trading Window
Analyst / Investor Meet - Intimation22 Sep 2026 · Company Update / Analyst / Investor Meet
Intimation of Credit Rating assigned to wholly owned subsidiary company i.e. Bheema Fine Chemicals Private Limited21 Aug 2026 · Company Update / Credit Rating
Intimation of Analyst/ Investor Meet10 Aug 2026 · Company Update / Analyst / Investor Meet
Investor Presentation on Financial Highlights for the quarter ended June 30, 2026.6 Aug 2026 · Company Update / Investor Presentation
Newspaper Publication of Unaudited Financial Results for the quarter ended June 30, 20264 Aug 2026 · Company Update / Newspaper Publication
Unaudited Financial Results for the quarter ended June 30, 20263 Aug 2026 · Result / Financial Results
Outcome of Board Meeting dated August 03, 20263 Aug 2026 · Board Meeting / Outcome of Board Meeting
Scrutinizer Report and Voting Results of 33rd AGM held on July 31, 202631 Jul 2026 · AGM/EGM / AGM
Proccedings of 33rd Annual General Meeting held on July 31, 202631 Jul 2026 · AGM/EGM / AGM
Bhagiradha Chemicals & Industries Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 03/08/2026 ,inter alia, to consider and approve the Un-Audited ....24 Jul 2026 · Board Meeting / Board Meeting
Newspaper Publication regarding the 33rd AGM of the company, e-voting information etc.9 Jul 2026 · Company Update / Newspaper Publication
Copy of the Letter sent to the shareholders who have not registered their mail ids, providing weblink including the exact path where complete details of the Annual Report for the FY 2025-26 ....8 Jul 2026 · Company Update / General
Business Responsibility and Sustainability Report for the Financial Year 2025-26.8 Jul 2026 · Others / Business Responsibility and Sustainability Reporting (BRSR)
Notice of 33rd Annual General Meeting scheduled to be held on July 31, 20268 Jul 2026 · AGM/EGM / AGM
Annual Report for the Financial Year 2025-268 Jul 2026 · Others / Reg. 34 (1) Annual Report
Compliance certificate under Reg 74(5) of SEBI (DP) Regulations, 20183 Jul 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Closure of Trading Window24 Jun 2026 · Insider Trading / SAST / Closure of Trading Window
Reply to clarification sought by BSE Ltd on significant increase in volume of company''s scrip22 Jun 2026 · Company Update / General
The Exchange has sought clarification from Bhagiradha Chemicals & Industries Ltd on June 22, 2026, with reference to Movement in Volume.<BR><BR>The reply is awaited.22 Jun 2026 · Company Update / Clarification
Newspaper Publication regarding opening of special window for transfer and dematerialization of physical securities and IEPFA second 100 days campaign Saksham Niveshak.19 Jun 2026 · Company Update / Newspaper Publication
Newspaper Advertisement regarding transfer of unclaimed/unpaid dividend and shares to IEPFA10 Jun 2026 · Company Update / Newspaper Publication
Intimation of Analyst/ Investor Meet5 Jun 2026 · Company Update / Analyst / Investor Meet
Intimation of Analyst/ Investor Meet4 Jun 2026 · Company Update / Analyst / Investor Meet
Intimation of extending Corporate Guarantee on behalf of Wholly owned Subsidiary3 Jun 2026 · Company Update / General
Intimation of Analyst/ Investor Meet22 May 2026 · Company Update / Analyst / Investor Meet
Investor Presentation for the Quarter and Year ended March 31, 202622 May 2026 · Company Update / Investor Presentation
Newspaper Publication of Audited Financial Results for the year ended March 31, 202620 May 2026 · Company Update / Newspaper Publication
Re-Appointment of Cost Auditor and Internal Auditor for FY 2026-2719 May 2026 · Company Update / General
Recommendation of Final Dividend for FY 2025-2619 May 2026 · Corp Action / Dividend Updates
Book Closure for Final Dividend for FY 2025-2619 May 2026 · Corp. Action / Book Closure
Recommendation of Final Dividend for FY 2025-2619 May 2026 · Corp Action / Dividend Updates
Recommendation of Final Dividend for FY 2025-2619 May 2026 · Corp. Action / Dividend
Audited Financial Results for the year ended March 31, 202619 May 2026 · Result / Financial Results

Corporate actions

Purpose	Ex date	Record date	Payment date
Final Dividend - Rs. - 0.1500	23 Jul 2026	23 Jul 2026	—
Final Dividend - Rs. - 0.1500	14 Aug 2025	14 Aug 2025	—
Final Dividend - Rs. - 0.1000	2 Aug 2024	—	—

Board meetings

3 Nov 2026 Board Meeting - Financial Results
3 Aug 2026 Board Meeting - Financial Results