Bhagiradha Chemicals & Industries Ltd

NSE: BHAGCHEMBSE: 531719
Compare with peers
₹ 205.63▲ 4.65 (+2.31%)28 Oct, 03:29 pm IST
Market cap
₹ 2,540 Cr.
P/E
96.4x
P/B
3.76x
52-week range
170.6 – 316.9
ROE
3%
ROCE
5%
Dividend yield
0.1%
Debt / equity
0.34
Sector
Fertilizers & Agrochemicals
Industry
Pesticides & Agrochemicals
Listed on
NSE, BSE

About

Bhagiradha Chemicals & Industries Limited is an India-based company, which is engaged in manufacture of crop protection chemicals. The Company has a portfolio of 30 products spread across various insecticides, herbicides and fungicides and other intermediates. The Company operates through the manufacturing and sales of the crop care chemicals segment. Its insecticides include Chlorpyrifos, Chlorpyrifos-Methyl, Diafenthiuron, Fipronil, Dinotefuran, Thiamethoxam, Imidacloprid and Pymetrozine. Its herbicides include Triclopyr, Clodinafop-propargyl and Cloquintocet-Mexyl (Safener). The Company's manufacturing unit is located near the eastern coastal town of Ongole, 300 kilometers north of Chennai. It has an annual capacity of 3,250 metric tons per annum for the manufacture of various technical grade insecticides, herbicides, and fungicides. It has its footprint in various countries, including Argentina, Korea, Australia, Malaysia, Belgium, Mexico, Brazil, New Zealand, Chile, and others.

Quick check

The five things to look at first. Open one for more.

Bhagiradha Chemicals & Industries Ltd against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.

  • Valuation (P/E)96.4 against a typical 23.3: pricier than most peers (1st = cheapest).29th of 33
  • Sales growth+57.3% against a typical −4.5% from a year earlier.3rd of 31
  • Profit growth+225% against a typical +15.2% from a year earlier.2nd of 25
  • Share price, 3 months−23% against a typical −15.5%.25th of 32
  • Size₹ 2,540.2 Cr. market value against a typical ₹ 883.3 Cr. (1st = largest).9th of 31

Credit ratings

Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates

Moderate safety, with caution

Rated BBB+ by India Ratings
BBB+
DefaultRiskyModerateSafeVery safe
  • No warnings from the agency.
AgencyCurrent ratingOutlookAs of
India RatingsIND BBB+; IND A2+Stable9 Mar 2026
Credit rating actions
RatingDetails
9 Mar 2026
Reaffirmed
IND BBB+—India Ratings₹ 173 Cr.

Research by Minerva Capital Research Solutions

Our research team's work on Bhagiradha Chemicals & Industries Ltd

Also covered in

IPO note · 12 Nov 2025 · Free

Board meetings

Results dates and other board meetings. Full calendar

Details
3 Nov 2026UpcomingFinancial Results/Other business mattersTo consider and approve the financial results for the period ended September 30, 2026 and other business matters
3 Aug 2026Financial Results/Other business mattersTo consider and approve the financial results for the period ended Jun 30, 2026 and other business matters
19 May 2026Financial Results/Dividend/Other business mattersTo consider and approve the financial results for the period ended March 31, 2026, dividend and other business matters
10 Feb 2026Financial Results/Other business mattersTo consider and approve the financial results for the period ended December 31, 2025 and other business matters
10 Nov 2025Financial Results/Other business mattersTo consider and approve the financial results for the period ended September 30, 2025 and other business matters
12 Aug 2025Financial Results/Other business mattersTo consider and approve the financial results for the period ended Jun 30, 2025 and other business matters
28 May 2025Financial Results/Dividend/Other business mattersTo consider and approve the financial results for the period ended March 31, 2025, dividend and other business matters

Share price

1Y change −18.84%
Volume (shares)Price (₹)
Close price

Financials

Consolidated figures in ₹ crore.

Quarterly results
₹ Cr.Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales12274111111104103123124140114158195
Expenses1096697999494117115125100139164
Operating Profit13814121096915141931
OPM %11%11%13%11%9%9%5%7%11%12%12%16%
Other Income011232110112
Interest222122234376
Depreciation333334444588
Profit before tax951110862286518
Tax %33%31%32%41%30%35%140%−59%27%27%15%24%
Net Profit637654−1465413
EPS in Rs0.550.320.690.460.440.29−0.070.310.420.360.311.03

Growth and returns

Compounded yearly rates over each period.

Compounded Sales Growth
10 Years
—
5 Years
11%
3 Years
2%
TTM
34%
Compounded Profit Growth
10 Years
—
5 Years
−4%
3 Years
−26%
TTM
127%
Stock Price CAGR
10 Years
34%
5 Years
38%
3 Years
34%
TTM
—
Return on Equity
10 Years
—
5 Years
6%
3 Years
3%
TTM
—

Shareholding

Latest: Jun 2026.

Promoters
19.6%
−0.15 pts in a year
FIIs
0.1%
+0.05 pts in a year
DIIs
3%
+0.11 pts in a year
Public
77.31%
0 pts in a year

P/E and EPS over time

Daily P/E and trailing 12-month EPS. EPS updates with each result.

P/E 96.4xEPS (12 months) ₹ 2.12Median P/E 80x
P/E (times)EPS (₹)

Peers

Listed companies in the same business.

Peer comparison
Bhagiradha Chemicals & Industries Ltd₹ 205.63₹ 2,540 Cr.96.4x3.8x3%—
Asian Paints₹ 2,305.00₹ 2,21,095 Cr.58.1x12.1x21.2%12.4%
Solar Industries India₹ 18,320.00₹ 1,65,778 Cr.99.6x26.6x31.4%17.7%
Pidilite Industries₹ 1,514.00₹ 1,54,107 Cr.64.8x14.7x23.8%16.9%
SRF₹ 2,309.00₹ 68,444 Cr.44.6x6.1x13.8%11.6%
Linde India₹ 5,697.00₹ 48,586 Cr.110.5x14.2x13.6%21.7%

Management

Anegondi Arvind Kumar
Chief Executive Officer, Additional Executive Director
Ranjit Kumar Kilaru
Chief Financial Officer
Sharanya Mandala
Compliance Officer, Company Secretary
Singavarapu Chandra Sekhar
Managing Director, Executive Director
Ketan Chamanlal Budh
Whole-Time Director

Prices are delayed and for information only. Nothing on this page is investment advice.