Bhagyanagar India

Quick check

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

• DilutionNo new sharesNo new shares issued in the last year, so existing shareholders' slices were not cut.
• ValuationExpensive vs its pastThe share trades at 4.1 times its yearly earnings (P/E), pricier than 100% of the time in the last 5 years. Its usual P/E is about 2.

Bhagyanagar India 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)4.1 against a typical 36.2: cheaper than most peers (1st = cheapest).1st of 5
• Sales growth+45.1% against a typical +81.4% from a year earlier.3rd of 3
• Profit growth+150% against a typical +181.7% from a year earlier.4th of 4
• Share price, 3 months+122.8% against a typical +21.8%.1st of 3
• Size₹ 225.8 Cr. market value against a typical ₹ 726.5 Cr. (1st = largest).4th of 4

Exchange filings and their impact on the company.

• 14 Oct 2026UpdatesLow impactPositivePrice +5% on 15 Oct
  Tieramet board approved draft Information Memorandum to seek listing relaxation, advancing its listing process.

  Bhagyanagar India said its group company Tieramet Limited held a board meeting on October 14, 2026 and approved the draft Information Memorandum. The memorandum will support an application seeking relaxation from Rule 19(2)(b) minimum public shareholding requirements for listing. This is a procedural step toward Tieramet's listing with no financial terms disclosed.

  Full analysisFiling
• 12 Oct 2026Outcome of Board MeetingHigh impactPositivePrice +4.9% on 13 Oct
  Rs 60 cr land sale plus 3 lakh sq ft development share unlocks large one-time profit and deleveraging.

  Bhagyanagar India will sell 7,260 sq yards of its 20,080 sq yard land at IDA Uppal, Hyderabad for Rs 60 crore and jointly develop the balance 12,820 sq yards, keeping 30% of saleable area or about 3 lakh sq ft. The board approved the MOU with Om Sree Builders and Developers LLP on October 12, 2026, subject to shareholder approval, with final sale and development agreements in 6 months. The cash and future built-up area monetise a non-operational asset, boosting one-time profit and cutting debt.

  Full analysisFiling
• 9 Oct 2026UpdatesHigh impactNeutralPrice +5% on 12 Oct
  BIL demerged its core copper business into Tieramet with 1:1 share allotment, sharply shrinking listed BIL.

  Bhagyanagar India allotted 3,34,96,434 Tieramet shares of Rs 2 each to its shareholders in 1:1 ratio for shares held on record date October 8, 2026. This executes the NCLT-approved demerger of its Copper Business into Tieramet Limited on September 7, 2026. Tieramet will now seek separate listing on BSE and NSE, leaving Bhagyanagar India as a much smaller residual company.

  Full analysisFiling
• 8 Oct 2026Change in ManagementHigh impactNeutralPrice +5% on 9 Oct
  BIL shrinks ~90% as copper business demerges into Tieramet, with shareholders getting Tieramet shares.

  Bhagyanagar India said its board on 8 Oct 2026 appointed promoter Shri Mangilal Narender Surana as additional non-executive director and accepted the resignation of executive director Venkateswara Rao Nukala for personal reasons. The board also noted the tax cost split for the NCLT-approved demerger of the copper undertaking into Tieramet Limited, with 89.36% of original cost going to Tieramet shares and 10.64% staying with Bhagyanagar India. The auditor certificate shows Rs 489.68 crore assets and Rs 312.08 crore liabilities moving to Tieramet, so Bhagyanagar India will be about one-tenth its prior size while shareholders will hold shares in both companies.

  Full analysisFiling

Results dates and other board meetings. Full calendar