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.

Are Bhagwati Auto latest results good or bad?

Bhagwati Autocast's latest financial results are positive, with a 50.57% increase in Profit Before Tax to Rs 3.99 crore and a 17.39% rise in net sales to Rs 40.71 crore, marking the best performance in the last five quarters. Overall, the company is experiencing strong growth and improved efficiency.

Bhagwati Autocast's latest financial results for the quarter ending June 2025 are quite positive. The company has shown significant improvement across several key metrics. <BR><BR>Notably, the Profit Before Tax (PBT) has increased to Rs 3.99 crore, marking a year-on-year growth of 50.57%, which is the highest PBT recorded in the last five quarters. Net sales reached Rs 40.71 crore, reflecting a growth of 17.39% compared to the same quarter last year, indicating a strong upward trend in sales performance.<BR><BR>Additionally, the operating profit (PBDIT) stood at Rs 5.13 crore, also the highest in five quarters, with an operating profit margin of 12.60%. The Profit After Tax (PAT) rose to Rs 2.74 crore, and earnings per share (EPS) increased to Rs 9.51, both representing the best figures in the last five quarters.<BR><BR>Overall, these results suggest that Bhagwati Autocast is experiencing robust growth and improved efficiency, making the latest results decidedly good.

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.

Should I buy, sell or hold Bhagwati Auto?

Which are the latest news on Bhagwati Auto?

Why is Bhagwati Autocast Ltd falling/rising?

As of 02-Feb, Bhagwati Autocast Ltd's stock is rising by 0.55%, with a significant intraday gain of 9.15%. Despite this, it has underperformed its sector recently and is down 9.16% year-to-date, although it shows strong long-term growth.

As of 02-Feb, Bhagwati Autocast Ltd's stock price is currently rising, as indicated by a change of 2.75 (0.55%) upward. The stock opened with a significant gain of 9.15% today, reaching an intraday high of Rs 545.05. However, it also experienced volatility, trading within a wide range of Rs 58.95, with a day's low of Rs 486.1.<BR><BR>Despite today's positive movement, the stock has underperformed its sector by 3.17%. Over the past week, the stock has seen a decline of 3.92%, and it has also faced a 13.28% drop over the past month. Year-to-date, it is down 9.16%, although it has shown strong performance over the longer term, with a 16.19% increase over the past year and an impressive 88.62% rise over the last three years.<BR><BR>The positive factors contributing to the stock's rise include high management efficiency, a strong ability to service debt, and healthy long-term growth, as evidenced by a significant increase in operating profit. The company has declared positive results for the last two consecutive quarters, with a remarkable growth in profit after tax and operating profit margins.<BR><BR>Overall, while the stock is currently experiencing a rise, it is important to note the recent underperformance in the short term compared to both its sector and the broader market.