Financials Bhagyanagar India Limited

Equities

BHAGYANGR

INE458B01036

Electrical Components & Equipment

Market Closed - Bombay S.E. 03:00:38 2024-05-18 am EDT 5-day change 1st Jan Change
114.2 INR +1.87% Intraday chart for Bhagyanagar India Limited -0.70% +10.43%

Valuation

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Capitalization 1 1,347 1,022 465.5 1,384 1,427 1,506
Enterprise Value (EV) 1 1,653 2,118 1,088 2,926 3,128 3,706
P/E ratio 10.6 x 16.1 x 45.5 x 39.8 x 12.9 x 14.9 x
Yield - - - - - -
Capitalization / Revenue 0.3 x 0.18 x 0.08 x 0.18 x 0.09 x 0.08 x
EV / Revenue 0.37 x 0.37 x 0.19 x 0.37 x 0.2 x 0.2 x
EV / EBITDA 13 x 9.99 x 7.26 x 15.6 x 10.4 x 10.7 x
EV / FCF 7.89 x -2.69 x 2.6 x -3.24 x -17.7 x -7.25 x
FCF Yield 12.7% -37.2% 38.5% -30.8% -5.65% -13.8%
Price to Book 1.17 x 0.84 x 0.38 x 1.09 x 1.04 x 1.02 x
Nbr of stocks (in thousands) 31,995 31,995 31,995 31,995 31,995 31,995
Reference price 2 42.10 31.95 14.55 43.25 44.60 47.08
Announcement Date 9/20/18 8/23/19 9/1/20 8/26/21 9/3/22 9/5/23
1INR in Million2INR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net sales 1 4,469 5,692 5,624 7,879 15,736 18,466
EBITDA 1 127.1 211.9 149.9 187.6 301.6 346.6
EBIT 1 89.95 172.8 98.67 132.6 244.7 287.7
Operating Margin 2.01% 3.04% 1.75% 1.68% 1.55% 1.56%
Earnings before Tax (EBT) 1 166.3 85.98 11.73 52.17 134.2 144.8
Net income 1 127.1 63.39 10.37 34.78 110.8 101.3
Net margin 2.84% 1.11% 0.18% 0.44% 0.7% 0.55%
EPS 2 3.970 1.980 0.3200 1.087 3.460 3.166
Free Cash Flow 1 209.5 -787.8 419.1 -901.8 -176.9 -511.1
FCF margin 4.69% -13.84% 7.45% -11.45% -1.12% -2.77%
FCF Conversion (EBITDA) 164.88% - 279.57% - - -
FCF Conversion (Net income) 164.83% - 4,039.99% - - -
Dividend per Share - - - - - -
Announcement Date 9/20/18 8/23/19 9/1/20 8/26/21 9/3/22 9/5/23
1INR in Million2INR
Estimates

Balance Sheet Analysis

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net Debt 1 306 1,096 622 1,542 1,701 2,200
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 2.407 x 5.17 x 4.151 x 8.218 x 5.64 x 6.347 x
Free Cash Flow 1 210 -788 419 -902 -177 -511
ROE (net income / shareholders' equity) 11.5% 5.34% 0.85% 2.79% 8.4% 7.11%
ROA (Net income/ Total Assets) 3.13% 5.3% 2.77% 3.28% 4.68% 4.64%
Assets 1 4,064 1,196 374.1 1,059 2,368 2,185
Book Value Per Share 2 36.10 38.10 38.40 39.50 43.00 46.10
Cash Flow per Share 2 4.700 1.260 1.200 0.1000 2.860 0.0300
Capex 1 38.1 179 146 49.5 14.3 92.3
Capex / Sales 0.85% 3.15% 2.6% 0.63% 0.09% 0.5%
Announcement Date 9/20/18 8/23/19 9/1/20 8/26/21 9/3/22 9/5/23
1INR in Million2INR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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