Why is Bhagiradha Chemicals & Industries Ltd ?
1
Poor long term growth as Net Sales has grown by an annual rate of 14.52% and Operating profit at 1.97% over the last 5 years
2
The company has declared Negative results for the last 5 consecutive quarters
- INTEREST(9M) At Rs 10.42 cr has Grown at 80.59%
- ROCE(HY) Lowest at 3.32%
- DEBT-EQUITY RATIO(HY) Highest at 0.27 times
3
With ROCE of 2.8, it has a Very Expensive valuation with a 3.1 Enterprise value to Capital Employed
- The stock is trading at a premium compared to its peers' average historical valuations
- Over the past year, while the stock has generated a return of -32.42%, its profits have fallen by -39.8%
4
Despite the size of the company, domestic mutual funds hold only 0% of the company
- Domestic mutual funds have capability to do in-depth on-the-ground research on companies- their small stake may signify either they are not comfortable at the price or the business
5
Underperformed the market in the last 1 year
- Even though the market (BSE500) has generated returns of 5.49% in the last 1 year, the stock has hugely underperformed and has generate negative returns of -32.42% returns
How much should you sell?
- All quantity irrespective of whether you are making profits or losses
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Pesticides & Agrochemicals)
When to re-enter? - We will constantly monitor the company and review our call based on new data
Is Bhagiradha Chem. for you?
High Risk, Low Return
Absolute
Risk Adjusted
Volatility
Bhagiradha Chem.
-32.42%
-0.82
39.51%
Sensex
1.86%
0.15
12.34%
Quality key factors
Factor
Value
Sales Growth (5y)
14.52%
EBIT Growth (5y)
1.97%
EBIT to Interest (avg)
6.00
Debt to EBITDA (avg)
1.67
Net Debt to Equity (avg)
0.25
Sales to Capital Employed (avg)
1.12
Tax Ratio
28.68%
Dividend Payout Ratio
5.71%
Pledged Shares
0
Institutional Holding
3.19%
ROCE (avg)
13.27%
ROE (avg)
9.30%
Valuation Key Factors 
Factor
Value
P/E Ratio
188
Industry P/E
28
Price to Book Value
3.60
EV to EBIT
96.58
EV to EBITDA
60.66
EV to Capital Employed
3.07
EV to Sales
5.31
PEG Ratio
NA
Dividend Yield
0.08%
ROCE (Latest)
2.81%
ROE (Latest)
1.77%
Loading Valuation Snapshot...
Technical key factors
Indicator
Weekly
Monthly
MACD
Bearish
Bearish
RSI
No Signal
No Signal
Bollinger Bands
Mildly Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Mildly Bullish
Mildly Bearish
Dow Theory
No Trend
Mildly Bearish
OBV
Mildly Bearish
Mildly Bullish
Technical Movement
7What is working for the Company
NET SALES(Latest six months)
At Rs 254.07 cr has Grown at 23.06%
OPERATING PROFIT TO INTEREST(Q)
Highest at 4.41 times
PBT LESS OI(Q)
At Rs 5.70 cr has Grown at 76.2% (vs previous 4Q average
PAT(9M)
Higher at Rs 14.10 Cr
-14What is not working for the Company
INTEREST(Latest six months)
At Rs 7.16 cr has Grown at 48.86%
ROCE(HY)
Lowest at 3.32%
DEBT-EQUITY RATIO(HY)
Highest at 0.27 times
DEBTORS TURNOVER RATIO(HY)
Lowest at 2.31 times
NET SALES(Q)
At Rs 113.97 cr has Fallen at -6.8% (vs previous 4Q average
Loading Valuation Snapshot...
Here's what is working for Bhagiradha Chem.
Operating Profit to Interest - Quarterly
Highest at 4.41 times
in the last five quartersMOJO Watch
The company's ability to manage interest payments is improving
Operating Profit to Interest
Profit Before Tax less Other Income (PBT) - Quarterly
At Rs 5.70 cr has Grown at 76.2% (vs previous 4Q average)
over average PBT of the previous four quarters of Rs 3.24 CrMOJO Watch
Near term PBT trend is very positive
PBT less Other Income (Rs Cr)
Profit After Tax (PAT) - Nine Monthly
Higher at Rs 14.10 Cr
than preceding 12 month period ended Dec 2025 of Rs 13.86 crMOJO Watch
In the nine month period the company has already crossed sales of the previous twelve months
PAT (Rs Cr)
Here's what is not working for Bhagiradha Chem.
Interest - Latest six months
At Rs 7.16 cr has Grown at 48.86%
over previous Half yearly periodMOJO Watch
Rising interest cost signifies increased borrowings
Interest Paid (Rs cr)
Net Sales - Quarterly
At Rs 113.97 cr has Fallen at -6.8% (vs previous 4Q average)
over average Net Sales of the previous four quarters of Rs 122.31 CrMOJO Watch
Near term sales trend is negative
Net Sales (Rs Cr)
Debt-Equity Ratio - Half Yearly
Highest at 0.27 times
in the last five half yearly periodsMOJO Watch
The company is borrowing more to fund its operations; it's liquidity situation may be stressed
Debt-Equity Ratio
Debtors Turnover Ratio- Half Yearly
Lowest at 2.31 times
in the last five half yearly periodsMOJO Watch
Company's pace of settling its Debtors has slowed
Debtors Turnover Ratio






