Bhagwati Auto

What does Bhagwati Auto do?

Bhagwati Autocast Ltd is a micro-cap company specializing in the production of Cast Iron and Spheroidal Graphite Iron castings for the auto components industry. As of March 2025, it reported net sales of 39 Cr and a net profit of 3 Cr.

Overview:<BR>Bhagwati Autocast Ltd is a leading producer of Cast Iron (CI) and Spheroidal Graphite Iron (SGI) castings in the auto components and equipment industry, categorized as a micro-cap company.<BR><BR>History:<BR>The company was incorporated in October 1981 and was promoted in 1984. The latest quarterly results reported net sales and profit for March 2025.<BR><BR>Financial Snapshot:<BR>- Net Sales: 39 Cr (Quarterly Results - Mar 2025)<BR>- Net Profit: 3 Cr (Quarterly Results - Mar 2025)<BR>- Market Cap: Rs 102 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>- P/E: 17.00<BR>- Industry P/E: 33<BR>- Dividend Yield: 0.57%<BR>- Debt Equity: 0.18<BR>- Return on Equity: 14.54%<BR>- Price to Book: 2.41<BR><BR>Contact Details:<BR>Address: Survey No 816 Village Rajoda, Near Bavla Ahmedabad Gujarat : 382220<BR>Tel: 91-02714-232283/222383/232066<BR>Email: autocast@bhagwati.com<BR>Website: http://www.bhagwati.com

Has Bhagwati Auto declared dividend?

Yes, Bhagwati Autocast Ltd has declared a 20% dividend, amounting to ₹2 per share, with an ex-date of September 13, 2024. While recent total returns have been negative, the company has shown significant growth in longer-term returns.

Bhagwati Autocast Ltd has declared a 20% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 20%<BR>- Amount per share: 2<BR>- Ex-date: 13 Sep 24<BR><BR>Dividend Yield: 0.57%.<BR><BR>Total Returns by Period:<BR>In the last 6 months, the price return was -21.34%, with a dividend return of 0%, resulting in a total return of -21.34%.<BR><BR>Over the past year, the price return was -24.29%, with a dividend return of 0.43%, leading to a total return of -23.86%.<BR><BR>In the 2-year period, the price return was 8.49%, the dividend return was 1.20%, culminating in a total return of 9.69%.<BR><BR>For the 3-year period, the price return was 126.69%, with a dividend return of 3.12%, resulting in a total return of 129.81%.<BR><BR>In the last 4 years, the price return was 148.5%, the dividend return was 3.57%, leading to a total return of 152.07%.<BR><BR>Over the past 5 years, the price return was 325.76%, with a dividend return of 6.34%, resulting in a total return of 332.1%.<BR><BR>Overall, Bhagwati Autocast Ltd has declared a dividend, and while the recent total returns over shorter periods have been negative, the longer-term returns show significant growth, particularly in price returns.

Who are the peers of the Bhagwati Auto?

Bhagwati Auto's peers include Samvardh. Mothe., Bosch, Schaeffler India, Bharat Forge, and others. In terms of management risk, Bhagwati Auto has an average rating, with a 1-year return of -26.37%, better than Vishal Bearings but worse than Bosch's 4.38%.

Peers: The peers of Bhagwati Auto are Samvardh. Mothe., Bosch, Schaeffler India, Bharat Forge, Tube Investments, Vishal Bearings, Universal Auto., Porwal Auto Comp, and Rasandik Engg.<BR><BR>Quality Snapshot: Excellent management risk is observed at Schaeffler India, Bosch, and Tube Investments, while Good management risk is found at Bharat Forge and the rest. Average management risk is seen at Samvardh. Mothe. and Vishal Bearings, while Bhagwati Auto has Average management risk. Below Average management risk is noted at Universal Auto., Porwal Auto Comp, Rasandik Engg., and the rest. Growth is Excellent at Schaeffler India, Tube Investments, and Samvardh. Mothe., while Good growth is found at Bharat Forge. Bhagwati Auto has Below Average growth, along with Vishal Bearings, Universal Auto., Porwal Auto Comp, Rasandik Engg., and the rest. Capital Structure is Excellent at Bosch and Schaeffler India, Good at Bhagwati Auto, Average at Porwal Auto Comp, and Below Average at Vishal Bearings, Universal Auto., Rasandik Engg., and the rest.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Bosch at 4.38%, while the peer with the lowest is Vishal Bearings at -34.49%. Bhagwati Auto's 1-year return is -26.37%, which is better than Vishal Bearings but worse than Bosch. Additionally, several peers, including Tube Investments, Vishal Bearings, Universal Auto., and Rasandik Engg., have negative six-month returns.

What is the technical trend for Bhagwati Auto?

As of June 2, 2025, Bhagwati Auto's technical trend is mildly bearish, with mixed signals from MACD and Bollinger Bands, while daily moving averages indicate caution in the short term.

As of 2 June 2025, the technical trend for Bhagwati Auto has changed from bearish to mildly bearish. The weekly MACD is mildly bullish, while the monthly MACD remains bearish, indicating mixed signals across time frames. The Bollinger Bands and KST are both mildly bearish on a monthly basis, further supporting the overall mildly bearish stance. Daily moving averages are bearish, which adds to the caution in the short term. The Dow Theory shows a mildly bullish signal on the weekly chart but is bearish monthly, reflecting a lack of strong conviction in either direction. Overall, the current technical stance is mildly bearish, with key indicators such as moving averages and Bollinger Bands driving this assessment.

Who are in the management team of Bhagwati Auto?

As of March 2023, the management team of Bhagwati Auto includes P N Bhagwati (Chairman), Reena P Bhagwati (Managing Director), and five independent non-executive directors: Jethalal Shah, Padmin Buch, Vimal Ambani, and Shantanu Mehta. The team combines executive leadership with independent oversight to guide the company's strategy.

As of March 2023, the management team of Bhagwati Auto includes:<BR><BR>1. P N Bhagwati - Chairman (Non-Executive) with a remuneration of INR 19.57 lacs.<BR>2. Reena P Bhagwati - Executive Director & Managing Director with a remuneration of INR 69.55 lacs.<BR>3. Jethalal Rajendraprasad Shah - Independent Non-Executive Director with a remuneration of INR 44.0 k.<BR>4. Padmin Buch - Independent Non-Executive Director with a remuneration of INR 44.0 k.<BR>5. Vimal Ambani - Independent Non-Executive Director with a remuneration of INR 33.0 k.<BR>6. Shantanu C. Mehta - Independent Non-Executive Director with a remuneration of INR 44.0 k. <BR><BR>This team comprises a mix of executive and independent directors, contributing to the governance and strategic direction of the company.

Who are the top shareholders of the Bhagwati Auto?

The top shareholder of Bhagwati Auto is Reena Pravinbhai Bhagwati, holding 34.03%, with no pledged promoter holdings. The highest public shareholder is Mahendra Girdharilal Wadhwani at 1.17%, while individual investors collectively own 19.96% of the shares.

The top shareholders of Bhagwati Auto are primarily the promoters, with Reena Pravinbhai Bhagwati holding the largest share at 34.03%. There are no pledged promoter holdings, and the company does not have any mutual funds or foreign institutional investors (FIIs) holding shares. The highest public shareholder is Mahendra Girdharilal Wadhwani, who owns 1.17%. Additionally, individual investors collectively hold 19.96% of the company's shares.

How big is Bhagwati Auto?

As of 24th July, Bhagwati Autocast Ltd has a market capitalization of 104.00 Cr, with net sales of 139.95 Cr and a net profit of 6.16 Cr reported in the latest four quarters. Shareholder's funds are 40.88 Cr, and total assets are valued at 69.51 Cr as of March 2024.

As of 24th July, Bhagwati Autocast Ltd has a market capitalization of 104.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, Bhagwati Autocast Ltd reported net sales of 139.95 Cr and a net profit of 6.16 Cr.<BR><BR>The latest annual period for the balance sheet is March 2024, with shareholder's funds amounting to 40.88 Cr and total assets valued at 69.51 Cr.

When is the next results date for Bhagwati Auto?

The next results date for Bhagwati Auto is 13 November 2025.

The next results date for Bhagwati Auto is scheduled for 13 November 2025.

How has been the historical performance of Bhagwati Auto?

Bhagwati Auto's historical performance shows fluctuating net sales, peaking at 154.35 Cr in March 2023 but declining to 139.94 Cr by March 2025, alongside challenges in profitability and cash flow management despite growth in total assets. Operating profit and net profits decreased, while cash flow from operations improved.

Answer:<BR>The historical performance of Bhagwati Auto shows a fluctuating trend in key financial metrics over the years.<BR><BR>Breakdown:<BR>Bhagwati Auto's net sales have varied, reaching 139.94 Cr in March 2025, up from 134.29 Cr in March 2024, but down from 154.35 Cr in March 2023. The total operating income mirrored this trend, with a peak of 154.35 Cr in March 2023 and a gradual increase to 139.94 Cr by March 2025. The raw material costs have also seen an increase, rising to 66.18 Cr in March 2025 from 65.58 Cr in March 2024, while total expenditure (excluding depreciation) increased to 127.57 Cr in March 2025 from 121.31 Cr in March 2024. Operating profit (PBDIT) decreased slightly to 12.96 Cr in March 2025 from 13.19 Cr in March 2024. Profit before tax showed a decline to 8.62 Cr in March 2025 from 9.64 Cr in March 2024, and profit after tax followed suit, decreasing to 6.16 Cr from 6.93 Cr in the same period. The company's total assets grew to 84.12 Cr in March 2025 from 68.69 Cr in March 2024, while total liabilities also increased to 84.12 Cr from 68.69 Cr. Cash flow from operating activities improved to 10.00 Cr in March 2025 from 7.00 Cr in March 2024, but the net cash outflow was recorded at -2.00 Cr in March 2025, indicating a decrease in cash reserves. Overall, Bhagwati Auto's financial performance reflects a mix of growth in sales and assets, alongside challenges in profitability and cash flow management.

Is Bhagwati Auto overvalued or undervalued?

As of November 17, 2025, Bhagwati Auto is considered an attractive investment due to its undervalued status, with a PE ratio of 16.46, strong growth potential, and impressive returns, outperforming the Sensex significantly.

As of 17 November 2025, Bhagwati Auto's valuation grade has moved from fair to attractive, indicating a positive shift in its market position. The company is currently assessed as undervalued, supported by a PE ratio of 16.46, an EV to EBITDA of 9.74, and a PEG ratio of 0.23, all of which suggest strong growth potential relative to its price. <BR><BR>In comparison to its peers, Bhagwati Auto's valuation metrics stand out; for instance, Bharat Forge has a significantly higher PE ratio of 61.18, while CIE Automotive, another attractive peer, has a PE of 20.38. This positions Bhagwati Auto favorably within the auto components sector, particularly given its robust ROCE of 25.72% and ROE of 20.14%. Additionally, Bhagwati Auto has outperformed the Sensex significantly over various time frames, with a year-to-date return of 31.87% compared to the Sensex's 8.72%, reinforcing its attractiveness as an investment.

Are Bhagwati Autocast Ltd latest results good or bad?

Bhagwati Autocast Ltd's latest Q3 FY26 results are strong, with a net profit of ₹3.54 crore (up 151.1% year-on-year) and revenue of ₹42.90 crore (up 35.46%). Despite a slight sequential decline in profit due to a higher tax rate, the overall performance indicates positive growth and improved operational efficiency.

Bhagwati Autocast Ltd's latest results for Q3 FY26 are quite strong, indicating a positive performance overall. The company reported a net profit of ₹3.54 crore, which reflects a remarkable year-on-year growth of 151.1%. Additionally, revenue for the quarter reached ₹42.90 crore, marking a 35.46% increase compared to the same quarter last year. <BR><BR>The operating margin also reached a record high of 15.94%, significantly improving from 9.0% in the previous year, which showcases enhanced operational efficiency and effective cost management. Furthermore, the return on equity (ROE) stands at a robust 20.14%, indicating strong capital efficiency.<BR><BR>While there was a slight sequential decline in net profit compared to the previous quarter, this was primarily due to a higher tax rate rather than a deterioration in operational performance. Overall, the results suggest that Bhagwati Autocast is on a positive trajectory, with strong revenue growth and improved profitability metrics, making the latest results favorable.

Should I buy, sell or hold Bhagwati Autocast Ltd?

Why is Bhagwati Autocast Ltd falling/rising?

As of 23-Mar, Bhagwati Autocast Ltd's stock price is Rs 485.10, down 4.55%, influenced by underperformance relative to its sector and broader market declines. Despite positive long-term returns, recent trends show a significant drop in performance, indicating bearish sentiment.

As of 23-Mar, Bhagwati Autocast Ltd's stock price is falling, currently at Rs 485.10, which reflects a decrease of Rs 23.1 or 4.55%. This decline can be attributed to several factors. Firstly, the stock has underperformed its sector by 0.56% today, indicating weaker performance relative to its peers. Additionally, the stock reached an intraday low of Rs 476, marking a significant drop of 6.34% during the trading session.<BR><BR>In terms of broader market trends, the castings/forgings sector has also seen a decline of 3.88%, which may be impacting investor sentiment towards Bhagwati Autocast Ltd. Furthermore, while the stock has shown positive returns over longer periods, such as a 31.46% increase over the past year and a 247.74% rise over the past five years, its recent performance has been less favorable, with a 9.72% decrease over the past month and a year-to-date decline of 12.23%.<BR><BR>Despite some positive indicators, such as increased delivery volume on March 20, which rose by 28.59% against the five-day average, the overall trend suggests that the stock is currently facing downward pressure. The moving averages indicate that the stock is lower than the 20-day, 50-day, and 100-day moving averages, further supporting the notion of a bearish trend.

Why is Bhagwati Autocast Ltd falling/rising?

As of 24-Mar, Bhagwati Autocast Ltd's stock price is currently Rs 495.95, reflecting a 1.91% increase. The stock has shown strong year-to-date growth of 30.51%, despite recent declines and underperformance in its sector today.

As of 24-Mar, Bhagwati Autocast Ltd's stock price is rising, currently at Rs 495.95, reflecting an increase of Rs 9.3 or 1.91%. The stock opened with a significant gain of 4.39% today and reached an intraday high of Rs 508. This upward movement is notable given that the stock has outperformed the benchmark Sensex, which has declined by 2.63% over the past week. <BR><BR>Despite a negative performance over the past month, where the stock fell by 9.71%, its year-to-date performance shows a smaller decline of 10.27% compared to the Sensex's 13.09%. Additionally, over the past year, Bhagwati Autocast Ltd has demonstrated strong growth, with a 30.51% increase, while the Sensex has decreased by 5.02%. <BR><BR>However, it is important to note that the stock has underperformed its sector by 0.85% today, and there has been a decline in investor participation, with delivery volume falling by 12.66% against the 5-day average. Despite these factors, the stock remains liquid enough for trading, indicating ongoing interest from investors. Overall, the current rise in stock price can be attributed to today's positive opening and intraday performance, despite some underlying challenges.

Why is Bhagwati Autocast Ltd falling/rising?

As of 25-Mar, Bhagwati Autocast Ltd's stock price is rising, currently at 506.20, reflecting a 2.07% increase. The stock's strong fundamentals, including high management efficiency and significant net profit growth, support its positive performance despite a decline in investor participation.

As of 25-Mar, Bhagwati Autocast Ltd's stock price is rising, currently at 506.20, reflecting an increase of 10.25 (2.07%). The stock has shown a positive performance today, gaining for the last two days with a total return of 4.02% during this period. It opened with a gain of 2.79% and reached an intraday high of Rs 516, which is a 4.04% increase.<BR><BR>The stock's performance is also supported by its strong fundamentals. The company has demonstrated high management efficiency with a return on capital employed (ROCE) of 18.02% and a low debt to EBITDA ratio of 0.91 times, indicating a strong ability to service its debt. Furthermore, the company reported impressive growth in net profit, with a 151.06% increase, and has declared positive results for the last three consecutive quarters. <BR><BR>Despite a decline in investor participation, as indicated by a 66.75% drop in delivery volume on March 24 compared to the five-day average, the stock remains liquid enough for trading. The broader sector, Castings/Forgings, has also gained by 2.06%, contributing to the positive sentiment around Bhagwati Autocast Ltd. Overall, the combination of recent gains, strong financial performance, and favorable sector movement has contributed to the rise in the stock price.

Which are the latest news on Bhagwati Auto?