Bhagiradha Chem.

Market Cap: Small Cap
Industry: Pesticides & Agrochemicals
ISIN: INE414D01027
NSEID: BHAGCHEM
BSEID: 531719

INR

279.25

1.3 (0.47%)

BSENSE

Apr 11, 12:53 PM

BSE+NSE Vol: 65.41 k

Click here to access the older version

Score

Click here to find our call on this stock

Strong Sell

Sell

Hold

Buy

Strong Buy

Comparison

Company

Score

Quality

Valuation

Financial

Technical

3B Blackbio

UPL

Insecticid.India

BASF India

P I Industries

India Pesticides

Paushak

Anupam Rasayan

NACL Industries

Bayer CropSci.

Bhagiradha Chem.

Why is Bhagiradha Chemicals & Industries Ltd ?

Poor long term growth as Net Sales has grown by an annual rate of 14.00% and Operating profit at 6.27% over the last 5 years

Negative results in Dec 24

PAT(Q) At Rs 3.59 cr has Fallen at -33.8% (vs previous 4Q average)
ROCE(HY) Lowest at 5.54%
OPERATING PROFIT TO INTEREST (Q) Lowest at 3.74 times

Stock is technically in a Mildly Bearish range

Multiple factors for the stock are Bearish like MACD, Bollinger Band and KST

With ROE of 3.5, it has a Very Expensive valuation with a 5.7 Price to Book Value

The stock is trading at a discount compared to its peers' average historical valuations
Over the past year, while the stock has generated a return of 59.93%, its profits have risen by 7.7%

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

Real-Time Research Report

Verdict Report

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, High Return

Absolute

Risk Adjusted

Volatility

Bhagiradha Chem.

57.08%

1.12

53.28%

SENSEX

0.45%

0.02

14.48%

Quality

Management Risk

Growth

Capital Structure

Quality grade scale :

Below Average, Average, Good, Excellent

Quality key factors

Factor

Value

Sales Growth (5y)

14.00%

EBIT Growth (5y)

6.27%

EBIT to Interest (avg)

6.20

Debt to EBITDA (avg)

2.49

Net Debt to Equity (avg)

Sales to Capital Employed (avg)

1.18

Tax Ratio

34.59%

Dividend Payout Ratio

5.71%

Pledged Shares

Institutional Holding

2.93%

ROCE (avg)

13.08%

ROE (avg)

9.70%

Valuation

Valuation Scorecard

Valuation grade scale :

Very Risky, Risky, Very Expensive, Expensive, Fair, Attractive, Very Attractive

Valuation Key Factors

Factor

Value

P/E Ratio

164

Industry P/E

Price to Book Value

5.75

EV to EBIT

110.80

EV to EBITDA

78.46

EV to Capital Employed

6.42

EV to Sales

8.22

PEG Ratio

Dividend Yield

0.03%

ROCE (Latest)

5.80%

ROE (Latest)

3.46%

Loading Valuation Snapshot...

Technicals

Technical key factors

Indicator

Weekly

Monthly

MACD

Bearish

Mildly Bearish

RSI

No Signal

Bollinger Bands

Bearish

Bullish

Moving Averages

Bearish (Daily)

KST

Bearish

Bullish

Dow Theory

Mildly Bullish

No Trend

OBV

Mildly Bullish

No Trend

Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned

Technical Movement

Analyse All Technical Factors

Financial Trend

Financial Trend Scorecard

Financial Trend scale:

Very Negative, Negative, Flat, Positive, Very Positive, Outstanding

3What is working for the Company

PAT(9M)

At Rs 14.74 cr has Grown at 33.88%

CASH AND CASH EQUIVALENTS(HY)

Highest at Rs 59.53 cr

-16What is not working for the Company

PAT(Q)

At Rs 3.59 cr has Fallen at -33.8% (vs previous 4Q average

ROCE(HY)

Lowest at 5.54%

OPERATING PROFIT TO INTEREST (Q)

Lowest at 3.74 times

DEBTORS TURNOVER RATIO(HY)

Lowest at 2.54 times

INTEREST(Q)

Highest at Rs 2.45 cr

PBT LESS OI(Q)

Lowest at Rs 3.10 cr.

NON-OPERATING INCOME(Q)

is 44.14 % of Profit Before Tax (PBT

Loading Valuation Snapshot...

Here's what is working for Bhagiradha Chem.

Cash and Cash Equivalents - Half Yearly

Highest at Rs 59.53 cr

in the last six half yearly periods

MOJO Watch

Short Term liquidity is improving

Cash and Cash Equivalents

Here's what is not working for Bhagiradha Chem.

Profit After Tax (PAT) - Quarterly

At Rs 3.59 cr has Fallen at -33.8% (vs previous 4Q average)

over average PAT of the previous four quarters of Rs 5.42 Cr

MOJO Watch

Near term PAT trend is very negative

PAT (Rs Cr)

Interest - Quarterly

At Rs 2.45 cr has Grown at 38.42%

Quarter on Quarter (QoQ)

MOJO Watch

Rising interest cost signifies increased borrowings

Interest Paid (Rs cr)

Operating Profit to Interest - Quarterly

Lowest at 3.74 times

in the last five quarters

MOJO Watch

The company's ability to manage interest payments is deteriorating

Operating Profit to Interest

Interest - Quarterly

Highest at Rs 2.45 cr

in the last five quarters and Increased by 38.42 % (QoQ)

MOJO Watch

Rising interest cost signifies increased borrowings

Interest Paid (Rs cr)

Profit Before Tax less Other Income (PBT) - Quarterly

Lowest at Rs 3.10 cr.

in the last five quarters

MOJO Watch

Near term PBT trend is negative

PBT less Other Income (Rs Cr)

Non Operating Income - Quarterly

is 44.14 % of Profit Before Tax (PBT)

MOJO Watch

The company's income from non business activities is high; which is not a sustainable business model

Non Operating Income to PBT

Debtors Turnover Ratio- Half Yearly

Lowest at 2.54 times

in the last five half yearly periods

MOJO Watch

Company's pace of settling its Debtors has slowed

Debtors Turnover Ratio