Announcement
Announcement Under Regulation 30 , (2015)-Update 7 Oct - CARE reaffirmed Bhageria’s bank facility rating at CARE A/CARE A1 for ₹141 crore, stable outlook.
Source: Bse
Bhageria Industries Limited (BHAGERIA)
Small CapIndustrials stocks · Small cap · NSE
Bhageria Industries Limited operates in Dyes, within the Industrials sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers.
Data qualityFresh enough for analysisQuote updated 21 Oct, 04:45 am ISTDetails
Quote21 Oct, 04:45 am IST
Base fundamentals06 Oct 2026 · screener
Latest result19 Sept, 03:03 pm IST
Score21 Oct, 04:30 am IST · v4.3-runtime-valuation
Tags02 May 2026
Coverage13/14 · 93%
Valuation2026-07-20 · Rf 6.8% · Industrials P/E 26.2 (n=537)
Technical timing lens
Trend score and candlestick chart
59NeutralSMA20 +33.2% / mo · MACD −
Stock trend: 64
Sector RS: 50
Sector 3M: -6.3% vs Nifty 500 -5.6%
Industrials FPI tailwindNot confirmed
Latest mapped FPI equity flow was not positive. View sector evidence
Technical chart
BHAGERIAD candles · FIT view+100.6%Latest close ₹351.30 on 2026-10-19
Bar
-5.5%
RSI
50
MACD hist
-7.42
52W pos
78%
2026-10-19O ₹371.65H ₹373.45L ₹350.00C ₹351.30Vol 94,383 sh
Up bar
Down bar
EMA 20
EMA 50
Volume + 20D avg
Result date
RSI(14)
MACD / signal
Market context
Relative performance and chart statistics
Adjusted completed-session prices, rebased to 100
BHAGERIANifty India ManufacturingNifty 500
- BHAGERIA
- +66.1%
- Nifty 500
- -5.6%
- Nifty India Manufacturing
- -5.8%
- Vs Nifty 500
- +71.6 pp
Chart stats
19 Oct 2026- From 52W high
- -15.5%
- 52W range position
- 78%
- ATR (14)
- 6.6%
- Volume vs 20D
- 0.38x
- Avg traded value
- ₹9.3 Cr
- 20D price channel
- ₹335.3 - ₹415.8
₹415.8
₹127.5 - ₹415.8
₹23.3
Latest completed session
20-session average
76.8% annualized volatility
Research snapshot
What the evidence says now
Weak fundamentals, management evidence is still limited to a financial-only Trust Lite signal, price trend is neutral, and recent execution is mixed.
Suggested next step
Research, do not rush
The evidence is not strongly aligned. Compare peers and wait for a cleaner setup.
U-Score
Legacy · OVERVALUED28
Fundamental lens: valuation, quality, growth, balance sheet, and cash flow.
Latest result
Excellent100
Revenue +82.2% · PAT +209.1% YoY
Technical
Neutral59
Price trend and sector-relative-strength timing.
Valuation
Legacy model-421.1%
Legacy margin-of-safety estimate; the revised evidence label remains in shadow validation.
Trust
Limited evidence74
Financial-only signal; management claim evidence is not sufficient yet.
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Latest result
Quarter ended 30 Jun 2026
Excellent · 100/100Rev +82% YoY · PAT +209% YoY · margin expansion · +6% QoQ · operating leverage
Filed 19 Sept 2026
Open results browser →| Metric | This quarter | YoY | QoQ |
|---|---|---|---|
| Revenue | ₹286 Cr | +82.2% | +5.5% |
| EBITDA | ₹42 Cr | +133.3% | +35.5% |
| Operating margin | 15.0% | +400 bps | +400 bps |
| PAT | ₹34 Cr | +209.1% | +209.1% |
| PAT margin | 11.9% | +488 bps | +783 bps |
NDF means not disclosed in the current structured filing feed. It is intentionally not treated as zero.
Fundamentals
Valuation
- P/E
- 23.00
- P/B
- 2.66
- EV/EBITDA
- 11.31
- Market Cap
- 1588.00Cr
Profitability
- ROE
- 7.03%
- ROCE
- 9.41%
- ROA
- 7.91%
- Dividend Y
- 0.69%
Growth (CAGR)
- Revenue 5Y
- 17.00%
- EPS 5Y
- -8.00%
- Revenue 3Y
- 20.00%
- EPS 3Y
- 45.00%
Balance Sheet
- Debt/Equity
- 0.18
- Interest Coverage
- 29.00×
- Altman Z
- 6.42
- Book Value
- 137.00
Cash Flow
- FCF Yield
- —
- FCF Positive Y
- 5/5
- OCF
- 99.00 Cr
- EPS TTM
- 15.79
Shareholding
- Promoter Hold
- 71.77%
- Promoter Pledge
- 0.00%
- Momentum 52W
- 80%
Financial History
Updated 20/10/2026
Revenue
₹ CrLatest: 874+46.9% vs prev
Net Profit
₹ CrLatest: 44.0+12.8% vs prev
Return on Equity
%Latest: 7.4+5.4% vs prev
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Daily technical trend read
Mixed signalsSignals are conflicting — long-term uptrend intact. RSI 50. Wait for confirmation.
- Price above SMA200 (long-term uptrend) but mid-term MAs not aligned.
- SMA20 rising (~24.9% over last month) — short-term momentum positive.
- RSI(14) at 50 — falling, no extreme reading.
- MACD below signal, histogram expanding negatively — bearish momentum building.
- 16% off 52W high · 176% above 52W low.
Mechanical read from the price + indicator series above. Not a recommendation — technical setups can reverse without warning, especially around earnings and macro events.
Nifty 500 leadership
Relative Strength & Trend Stage
95
RS percentile
Stage 2 UptrendEstablished S2
1M return
+4.9%
3M return
+66.1%
6M return
+115.4%
1Y return
+59.6%
RS 1D
0
RS 20D
0
Sector rank
#2
Industry rank
#9
Stage evidence
- Price is 57.9% above the 30-week proxy.
- The 50-DMA is above the 30-week proxy and its slope is rising +15.3%.
- Both 3-month and 6-month returns are positive.
50-DMA
price above
200-DMA
price above
S2 entered
26 Jun 2026
S2 age
80 trading sessions
Sector
leading
Industry
leading
Relative-strength line vs Nifty 500 (base 100)
261 observations
19 Oct 2026Value 206.01-2.30%
RS vs Nifty 500206
Valuation & peers
U-Score 28 · legacy U-Score band OVERVALUED · valuation evidence and comparable companies
Valuation & peers
U-Score 28 · legacy U-Score band OVERVALUED · valuation evidence and comparable companies
OVERVALUED
Fundamental score breakdown
U band · OVERVALUEDValuation3/30
Growth6/25
Quality0/20
Balance Sheet10/15
Cash Flow4/10
Piotroski
8/9 (+5)
Penalties
0
Raw sum
28
Why this score?
Top U-Score contributors and drags from the latest stored fundamentals.
28/100 · legacy band OVERVALUED
Positive drivers
- Piotroski is strong at 8/9.
- Balance sheet contributes 10/15 to the score.
- Cash flow contributes 4/10 to the score.
Main drags
- Fair-value margin of safety is negative at -421.1%.
- Quality is weaker at 0/20; verify the latest quarterly trend.
- Valuation is weaker at 3/30; verify the latest quarterly trend.
Sector valuation model
Blended valuation: PE, EV/EBITDA, FCF yield, and balance-sheet checks
For this sector, IndiaPulse uses a blended lens rather than relying on a single valuation ratio.
Primary lens
PE, EV/EBITDA, margin of safety, and FCF yield together.
Secondary checks
ROE/ROCE, growth, cash conversion, leverage, promoter risk.
Main risk check
One cheap metric is not enough if quality or cash flow is weak.
PE
23.0
PB
2.7
EV/EBITDA
11.3
ROE
7.0%
ROCE
9.4%
FCF Yield
—
Debt/Equity
0.2
MoS
-421.1%
Score movement
Stored run vs live recompute
This shows the stored score trend when snapshots exist, and also compares the latest stored nightly score with a live recompute from current fundamentals and price.
Stored run: 21 Oct 2026
v4.3-runtime-valuation
Final score
28
Previous: 28
Legacy U-Score band
OVERVALUED
Previous: OVERVALUED
Margin of safety
-421.1%
Previous: -421.1%
Score history
12 stored score snapshots. Latest stored move: +0 points.
21 Oct 2026
v4.3-runtime-valuation
27
27
27
27
27
27
28
28
28
28
28
28
Factor attribution
No pillar movement versus the latest stored run. Historical score trend will appear after snapshot storage is enabled.
Modelled fair value
Graham Number
₹220.62
-59.2% MoS
Growth-justified P/E
4.3
Growth-justified Value
₹67.42
-421.1% MoS
PEG
—
Comparable companies
Peers
Business-comparable peers in Industrials — ranked by industry, sub-sector, theme-tag overlap, market cap, and U-Score similarity. Green cells mark the best available peer metric in this table.
Ticker
Name
Why peer
Score
PE
ROE
MoS
Verdict
BODALCHEM
Small
Bodal Chemicals Limited
Specialty Chemicals
match 164
26
33.0
2.0%
-770%
OVERVALUED
SRD
Small
Shankar Lal Rampal Dye-Chem Limited
Specialty Chemicals
match 158
49
13.2
11.6%
+71%
FAIR VALUE
MAHICKRA
SME
Mahickra Chemicals Ltd.
Specialty Chemicals
match 153
23
54.5
10.0%
-31%
OVERVALUED
UCL
SME
Ushanti Colour Chem Ltd.
Specialty Chemicals
match 153
15
—
-0.8%
—
OVERVALUED
MOL
Small
Meghmani Organics Limited
Specialty Chemicals
match 139
31
23.6
1.9%
-1349%
OVERVALUED
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business and thesis
Issuer presentation review pending
Bhageria Industries Limited operates in Dyes, within the Industrials sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers. The structured result feed currently covers the quarter ended 30 Jun 2026. Investor presentations and earnings-call PDFs will be added as issuer-backed evidence before management claims appear here.
Trust Score
74Limited evidence · low confidenceTrust Lite
Trust asks: does management behaviour match later outcomes? Higher is better, but confidence and evidence depth matter as much as the number.
Limited evidence: Claim history is still being built. It ranks around the 75th percentile of the scored universe and 73rd percentile within Industrials. No major sub-score weakness stands out.
This is a financial-behaviour screen, not a claim-tested management reliability verdict.
Computed 05 Sept 2026
management-trust-v1
36 docs text-extracted · 2 concalls text-extracted
Score band
Limited evidence
Financial behaviour is scored, but management claims do not yet have enough outcome checks.
Relative rank
75th percentile
overall median 67 · Industrials: 73rd pctile, median 68 · Small: 77th pctile, median 66
Evidence depth
Financial-only
36 documents have extracted text, but claim history is not strong enough yet.
Claim delivery
Outcome history still building
0 claims extracted · No contradicted claim yet
How to read this Trust Score
Limited evidence · low confidenceWhat it measures
Reliability of management and financial delivery, using financial behaviour only.
Confidence
Treat this as an early read until more concalls and outcomes are matched.
Investor use
Acceptable, but check the weakest sub-score before increasing exposure.
Read Trust alongside U-Score, result consistency, and technical trend. A cheap stock with weak Trust needs a larger margin of safety; a high Trust score does not make an expensive stock attractive by itself.
Forensic breakdown
Read low sub-scores as due-diligence warnings, not automatic sell signals.
Promoter
86
strong · holding, pledge, alignment
Cash flow
67
acceptable · profit to cash conversion
Balance sheet
89
strong · leverage and solvency
Discipline
68
acceptable · capital discipline
Results
60
acceptable · quarterly consistency
Trust positives
- ▸Promoter holding is 71.8%.
- ▸Promoter pledge is zero.
- ▸5 years of positive FCF.
- ▸4/4 latest quarters had positive YoY revenue growth.
Trust risks
- ▸ROE is low at 7%.
- ▸1 of the latest 4 quarters had PAT decline worse than 25% YoY.
Trust Lite uses financial behaviour only. Prefer claim-tested Trust when enough concall claims have later outcomes.
Continue researching Bhageria Industries Limited
Important announcements & filings
Latest exchange and company disclosures found within the past two years.
Open source ↗
Credit rating
Announcement under Regulation 30 (LODR)-Credit Rating 30 Sep - CARE reaffirmed Bhageria’s ₹91 crore bank facilities rating at CARE A; CARE A1, removing negative watch.
Source: Bse
Announcement
Announcement Under Regulation 30 Of SEBI (LODR), 2015 22 Sep - Company clarifies recent volume spike is market-driven, with no undisclosed price-sensitive information.
Source: Bse
Annual reportAug 2026
Aug 2026 · Letter Sent To Shareholders Pursuant To Regulation 36(1)(B) Of SEBI(LODR) Regulations, 2015 10 Jul - AGM notice and FY26 annual report shared; 37th AGM on August 1, 2026 via VC/OAVM.
Source: Bse
Annual reportAug 2026
Aug 2026 · Notice Of 37Th Annual General Meeting Along With Integrated Annual Report Of The Company For The Financial Year 2025-26. 9 Jul - Bhageria Industries issued FY26 annual report, AGM notice for August 1, 2026, and director reappointments.
Source: Bse
AnnouncementAug 2026
Aug 2026 · Announcement under Regulation 30 (LODR)-Date of payment of Dividend 3 Jul - 37th AGM on 1 August 2026; book closure 25 July-1 August; Rs.2.50 dividend record date 24 July.
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 23 Jul
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 10 Jul - Intimation for publication of post advertisement of 37th Annual General Meeting of the Company
Source: Bse
Annual report
Reg. 34 (1) Annual Report. 9 Jul
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 3 Jul - Newspaper intimation 37th Annual General Meeting (AGM) of the Company
Source: Bse
AnnouncementJun 2026
Jun 2026 · Announcement Under Regulation 30 (LODR), 2015-Update 10 Jun - Newspaper notice published on June 10, 2026 for transfer of equity shares to IEPF.
Source: Bse
Announcement
Announcement Under Regulation 330 (LODR) , 2015 9 Jun - Company clarified trading volume surge was market-driven and no undisclosed material events exist.
Source: Bse
All information is for study purposes only. For investment decisions, consult your financial advisor. See Playbook for methodology.