Bhagyanagar India Ltd

Bhagyanagar India Ltd

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OVERVIEW
FINANCIALS

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.

Incorporation Year: 1985
Headquarters: Secunderabad
Top Management: Narender Surana/Devender Surana
Industry: Metals

Featured In Fortune India Ranking

Next 500 India
#286(2024)#210(2023)#341(2022)#500(2021)#486(2020)
#286(2024)#210(2023)#341(2022)#500(2021)#486(2020)
Ranking Trend Fortune Next 500 India

Financial Data 2024

Revenue
1,436
(INR Cr)
Net Operating Income
1,431
(INR Cr)
Assets
308
(INR Cr)
Profit
46
(INR Cr)
Net Worth
193
(INR Cr)

Financial Data

RevenueNet Operating IncomeProfitAssetsNet Worth
PARAMETERS2024202320222021202020192018201720162015201420132012201120102009
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)
131512810846888731225
Cash & Bank Balance
(INR Cr)
4112444155392710104319
Total Debt
(INR Cr)
1012201791556611446761021231108693577592

Key Financial Ratios

Profit As % Of RevenuesRONW %Interest Cost to EBITDA %ROCE %Debt to Equity Ratio
PARAMETERS2024202320222021202020192018201720162015201420132012201120102009
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 0.521.491.301.220.540.930.390.730.460.560.500.410.440.250.330.40
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%