Bhagyanagar India Ltd
About
Bhagyanagar India Limited (BIL) was founded by G. M. Surana in 1985 to produce copper products in India. Since then, it has diversified into sectors like real estate, telecom products, and solar products. BIL offers copper foils and sheets, tubes and pipes, bus bars, rods and strips, along with submersible wires, solar fins, solar flat plate collectors, and field coils. The company primarily caters to clients who are original equipment manufacturers (OEMs). Its 9 MW wind power project at Kapatigudda in Karnataka was BIL’s step into the non-conventional energy sector. G. M. Surana had also established a charitable hospital in 1987 in his father’s memory called the Gulab Chand Surana Charitable Hospital. This hospital continues to operate today under the management of Bhagyanagar Industries.
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Financial Data 2024
Financial Data
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (INR Cr) | 1436 -23.5% | 1878 19.1% | 1577 93.5% | 815 44.9% | 562 -2.9% | 579 10.7% | 523 67.4% | 312 8.0% | 289 -3.4% | 299 19.1% | 252 17.7% | 214 -0.5% | 215 11.8% | 192 5.2% | 183 -8.4% | 199 - |
| Net Operating Income (INR Cr) | 1431 -22.52% | 1847 17.35% | 1574 99.86% | 787 40.01% | 562 -1.21% | 569 11.03% | 513 65.52% | 310 3.50% | 299 7.25% | 279 14.01% | 245 18.37% | 207 4.44% | 198 6.44% | 186 6.57% | 175 -8.19% | 190 -4.93% |
| Profit (INR Cr) | 46 351.3% | 10 -8.6% | 11 218.4% | 3 234.6% | 1 -83.6% | 6 -50.1% | 13 137.1% | 5 114.4% | 3 -27.3% | 3 8.5% | 3 -4.5% | 3 606.4% | 0 -95.6% | 11 -19.0% | 13 21.6% | 11 - |
| Assets (INR Cr) | 308 -16.4% | 368 16.1% | 317 12.7% | 281 48.7% | 189 -19.7% | 235 46.1% | 161 -10.8% | 181 -44.4% | 325 -5.5% | 344 4.5% | 329 10.5% | 298 -3.3% | 308 6.7% | 289 -4.0% | 301 -6.7% | 322 - |
| Net Worth (INR Cr) | 193 31.0% | 148 7.4% | 138 8.8% | 126 2.8% | 123 0.9% | 122 5.5% | 116 11.6% | 104 -53.2% | 221 0.7% | 220 0.9% | 218 3.3% | 211 -1.3% | 214 -7.4% | 231 2.7% | 225 -2.1% | 229 1.0% |
| Employee Cost (INR Cr) | 14 13.3% | 12 24.9% | 10 33.3% | 7 6.5% | 7 15.5% | 6 2.6% | 6 15.2% | 5 4.7% | 5 -10.2% | 5 11.3% | 5 4.8% | 5 16.0% | 4 10.8% | 4 11.5% | 3 17.5% | 3 - |
| Interest Cost (INR Cr) | 13 | 15 | 12 | 8 | 10 | 8 | 4 | 6 | 8 | 8 | 8 | 7 | 31 | 2 | 2 | 5 |
| Cash & Bank Balance (INR Cr) | 4 | 1 | 12 | 4 | 4 | 4 | 15 | 5 | 3 | 9 | 27 | 10 | 10 | 4 | 3 | 19 |
| Total Debt (INR Cr) | 101 | 220 | 179 | 155 | 66 | 114 | 46 | 76 | 102 | 123 | 110 | 86 | 93 | 57 | 75 | 92 |
Key Financial Ratios
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Profit As % Of Revenues | 3.2% | 0.5% | 0.7% | 0.4% | 0.2% | 1.1% | 2.4% | 1.7% | 0.9% | 1.2% | 1.3% | 1.6% | 0.2% | 5.6% | 7.2% | 5.4% |
| Profit As % Of Assets | 14.9% | 2.8% | 3.5% | 1.2% | 0.6% | 2.7% | 7.9% | 3.0% | 0.8% | 1.0% | 1.0% | 1.1% | 0.2% | 3.7% | 4.4% | 3.4% |
| Profit As % Of Networth | 23.6% | 6.9% | 8.1% | 2.8% | 0.9% | 5.2% | 11.0% | 5.2% | 1.1% | 1.6% | 1.5% | 1.6% | 0.2% | 4.6% | 5.9% | 4.7% |
| Interest Cost to EBITDA % | 42.1% | 43.9% | 39.2% | 44.3% | 63.8% | 39.8% | 30.2% | 68.0% | 114.6% | 86.5% | 65.9% | 63.4% | 142.3% | 13.4% | 16.8% | 34.6% |
| Debt to Equity Ratio | 0.52 | 1.49 | 1.30 | 1.22 | 0.54 | 0.93 | 0.39 | 0.73 | 0.46 | 0.56 | 0.50 | 0.41 | 0.44 | 0.25 | 0.33 | 0.40 |
| RONW | 6.4% | 7.1% | 8.4% | 2.8% | 0.7% | 5.3% | 5.1% | 4.6% | 1.0% | 1.0% | 1.5% | 1.8% | 0.2% | 4.4% | 5.8% | 4.9% |
| ROCE | 7.9% | 8.7% | 8.5% | 5.8% | 5.0% | 8.2% | 6.6% | 5.6% | 2.8% | 3.0% | 3.5% | 4.2% | 10.5% | 5.3% | 5.3% | 6.0% |