Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 16 Oct - Newspaper Advertisement regarding Special Window for Transfer and Dematerialisation of Physical Securities
Source: Bse
Bhagyanagar India Limited (BHAGYANGR)
Small CapMetals stocks · Small cap · NSE
Bhagyanagar India Limited operates in Copper Products, within the Metals 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 result27 Jul, 05:55 pm IST
Score21 Oct, 04:30 am IST · v4.3-runtime-valuation
Tags02 May 2026
Coverage14/14 · 100%
Valuation2026-07-20 · Rf 6.8% · Metals P/E 23.2 (n=92)
Technical timing lens
Trend score and candlestick chart
39BearishSMA20 -31.1% / mo · RSI oversold · MACD − · near 52W low
Stock trend: 32
Sector RS: 50
Sector 3M: -4.5% vs Nifty 500 -5.6%
Metals FPI tailwindNot confirmed
Latest mapped FPI equity flow was not positive. View sector evidence
Technical chart
BHAGYANGRD candles · FIT view-73.5%Latest close ₹58.05 on 2026-10-19
Bar
+0.0%
RSI
20
MACD hist
-29.64
52W pos
4%
2026-10-19O ₹58.05H ₹58.05L ₹58.05C ₹58.05Vol 25,396 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
BHAGYANGRNifty MetalNifty 500
- BHAGYANGR
- -84.8%
- Nifty 500
- -5.6%
- Nifty Metal
- -3.8%
- Vs Nifty 500
- -79.3 pp
Chart stats
19 Oct 2026- From 52W high
- -87.6%
- 52W range position
- 4%
- ATR (14)
- 53.5%
- Volume vs 20D
- 0.19x
- Avg traded value
- ₹4.8 Cr
- 20D price channel
- ₹39 - ₹458.9
₹467.9
₹39 - ₹467.9
₹31.1
Latest completed session
20-session average
858.8% annualized volatility
Research snapshot
What the evidence says now
Strong fundamentals, management evidence is still limited to a financial-only Trust Lite signal, but price trend argues for patience. Suitable for staggered entry or watchlist confirmation rather than aggressive buying.
Strong U-Score but weak trend: timing is not confirming the thesis.
Suggested next step
Add to watchlist
Fundamental setup is interesting, but technical confirmation is weak.
U-Score
Legacy · DEEP VALUE80
Fundamental lens: valuation, quality, growth, balance sheet, and cash flow.
Latest result
Excellent90
Revenue +45.1% · PAT +150.0% YoY
Technical
Bearish39
Price trend and sector-relative-strength timing.
Valuation
Legacy model+91.5%
Legacy margin-of-safety estimate; the revised evidence label remains in shadow validation.
Trust
Limited evidence81
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 · 90/100Rev +45% YoY · PAT +150% YoY · margin expansion · operating leverage
Filed 27 Jul 2026
Open results browser →| Metric | This quarter | YoY | QoQ |
|---|---|---|---|
| Revenue | ₹705 Cr | +45.1% | -4.1% |
| EBITDA | ₹38 Cr | +137.5% | +5.6% |
| Operating margin | 5.0% | +170 bps | +10 bps |
| PAT | ₹20 Cr | +150.0% | +11.1% |
| PAT margin | 2.8% | +119 bps | +39 bps |
NDF means not disclosed in the current structured filing feed. It is intentionally not treated as zero.
Fundamentals
Valuation
- P/E
- 22.00
- P/B
- 5.12
- EV/EBITDA
- 12.06
- Market Cap
- 1381.00Cr
Profitability
- ROE
- 20.20%
- ROCE
- 20.20%
- ROA
- 9.92%
- Dividend Y
- —
Growth (CAGR)
- Revenue 5Y
- 25.00%
- EPS 5Y
- 68.00%
- Revenue 3Y
- 9.00%
- EPS 3Y
- 67.00%
Balance Sheet
- Debt/Equity
- 1.01
- Interest Coverage
- 3.28×
- Altman Z
- 6.56
- Book Value
- 80.50
Cash Flow
- FCF Yield
- 3.91%
- FCF Positive Y
- 6/5
- OCF
- 59.00 Cr
- EPS TTM
- 19.64
Shareholding
- Promoter Hold
- 65.80%
- Promoter Pledge
- 0.00%
- Momentum 52W
- 85%
Financial History
Updated 20/10/2026
Revenue
₹ CrLatest: 2,378+46.2% vs prev
Net Profit
₹ CrLatest: 50.0+257.1% vs prev
Return on Equity
%Latest: 19.5+187.9% 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 trend down. RSI 20. Wait for confirmation.
- Price below SMA200 (long-term downtrend) — short-term bounces likely countertrend.
- SMA20 falling (~45.2% over last month) — short-term momentum negative.
- RSI(14) at 20 — oversold zone; bounce conditions.
- MACD below signal but histogram contracting — bearish momentum easing.
- 88% off 52W high · 49% 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.
Valuation & peers
U-Score 80 · legacy U-Score band DEEP VALUE · valuation evidence and comparable companies
Valuation & peers
U-Score 80 · legacy U-Score band DEEP VALUE · valuation evidence and comparable companies
Top Setup
Fundamental score breakdown
U band · DEEP VALUEValuation27/30
Growth22/25
Quality16/20
Balance Sheet6/15
Cash Flow6/10
Piotroski
6/9 (+3)
Penalties
0
Raw sum
80
Why this score?
Top U-Score contributors and drags from the latest stored fundamentals.
80/100 · legacy band DEEP VALUE
Positive drivers
- FCF yield is supportive at 3.9%.
- Fair-value margin of safety is positive at 91.5%.
- Valuation contributes 27/30 to the score.
Main drags
- Balance sheet is weaker at 6/15; verify the latest quarterly trend.
- Cash flow is weaker at 6/10; verify the latest quarterly trend.
- Quality is weaker at 16/20; verify the latest quarterly trend.
Sector valuation model
Cyclical valuation: normalized earnings, not just trailing PE
Cyclical companies can look cheapest near peak profits, so IndiaPulse flags value-trap risk separately.
Primary lens
Mid-cycle PE/EV/EBITDA using multi-year average margins or earnings.
Secondary checks
Current margin versus 5-year average, balance sheet strength, commodity cycle.
Main risk check
A low trailing PE may mean peak-cycle earnings, not true cheapness.
PE
22.0
PB
5.1
EV/EBITDA
12.1
ROE
20.2%
ROCE
20.2%
FCF Yield
3.9%
Debt/Equity
1.0
MoS
+91.5%
Cyclical/value-trap warning
This sector can look cheap when profits are temporarily high. Check mid-cycle margins/earnings before relying on trailing PE. Debt/equity is 1.0, so downturn resilience matters.
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
80
Previous: 80
Legacy U-Score band
DEEP VALUE
Previous: DEEP VALUE
Margin of safety
+91.5%
Previous: +91.5%
Score history
12 stored score snapshots. Latest stored move: +0 points.
21 Oct 2026
v4.3-runtime-valuation
80
80
80
80
80
80
80
80
80
80
80
80
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
₹188.61
+69.2% MoS
Growth-justified P/E
34.8
Growth-justified Value
₹683.47
+91.5% MoS
PEG
0.33
Comparable companies
Peers
Business-comparable peers in Metals — 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
REGAAL
Small
Regaal Resources Limited
Metals
match 61
62
13.6
16.5%
+57%
UNDERVALUED
ARFIN
Small
Arfin India Limited
Metals
match 61
27
80.3
9.4%
-165%
OVERVALUED
VIDYAWIRES
Small
Vidya Wires Limited
Metals
match 59
44
31.0
17.7%
+15%
WATCHLIST
NILE
Small
Nile Limited
Metals
match 58
88
7.6
19.0%
+75%
DEEP VALUE
GEEKAYWIRE
Small
Geekay Wires Limited
Metals
match 57
69
10.6
19.0%
+70%
UNDERVALUED
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
Bhagyanagar India Limited operates in Copper Products, within the Metals 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
81Limited 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 93rd percentile of the scored universe and 93rd percentile within Metals. 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
15 docs text-extracted · 5 concalls text-extracted
Score band
Limited evidence
Financial behaviour is scored, but management claims do not yet have enough outcome checks.
Relative rank
93rd percentile
overall median 67 · Metals: 93rd pctile, median 70 · Small: 95th pctile, median 66
Evidence depth
Financial-only
15 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
Can support position sizing if valuation and trend also agree.
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
77
strong · profit to cash conversion
Balance sheet
61
acceptable · leverage and solvency
Discipline
90
strong · capital discipline
Results
95
strong · quarterly consistency
Trust positives
- ▸Promoter holding is 65.8%.
- ▸Promoter pledge is zero.
- ▸FCF yield is positive at 4.4%.
- ▸6 years of positive FCF.
Trust risks
- ▸Debt/equity is 1.01.
Trust Lite uses financial behaviour only. Prefer claim-tested Trust when enough concall claims have later outcomes.
Continue researching Bhagyanagar India Limited
Important announcements & filings
Latest exchange and company disclosures found within the past two years.
Open source ↗
Announcement
Announcement under Regulation 30 (LODR)-Change in Management 8 Oct - Board appointed Mangilal Narender Surana, accepted Venkateswara Rao Nukala’s resignation, and noted 89.36%/10.64% tax apportionment for Tieramet demerger.
Source: Bse
AnnouncementSep 2026
Sep 2026 · Announcement under Regulation 30 (LODR)-Scheme of Arrangement 7 Sep - NCLT Hyderabad approved Bhagyanagar India’s composite scheme on 7 Sept 2026, including amalgamation and demerger.
Source: Bse
Credit rating
Announcement under Regulation 30 (LODR)-Credit Rating 29 Sep - ICRA assigned [ICRA]A- watch developing to Bhagyanagar Copper’s Rs 654 crore bank facilities.
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 10 Sep - Intimation of Newspaper Advertisement - Special Window for Transfer and Dematerialisation of Physical Securities.
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 8 Sep - Submission of copies of Newspaper Advertisement regarding the Notice of 41st Annual General Meeting (AGM), Book Closure and E-Voting Information.
Source: Bse
Investor presentationJul 2026
Jul 2026 · PPT
Source: Bse
Concall transcriptJul 2026
Jul 2026 · Transcript
Source: Bse
AnnouncementJul 2026
Jul 2026 · Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 1d - Bhagyanagar India schedules a group investor meeting/earnings call on 28 July 2026 at 4:00 PM IST.
Source: Bse
AnnouncementJul 2026
Jul 2026 · Announcement under Regulation 30 (LODR)-Newspaper Publication 1 Jul - Newspaper Advertisement regarding the Notice of 01/2026-27 Extraordinary General Meeting to be held on 23rd July, 2026.
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 2 Jul - Newspaper Publication regarding the notice of 01/2026-27 Extraordinary general meeting and E-voting
Source: Bse
Investor presentationJun 2026
Jun 2026 · PPT
Source: Bse
All information is for study purposes only. For investment decisions, consult your financial advisor. See Playbook for methodology.