Bhagwati Autocast share price, P/E, ROE & financials

On 6 Nov 2026, Bhagwati Autocast was priced at ₹492.85, or 9.6× trailing earnings, against an industry P/E of 19.9×, and the shares are 37% below their 52-week high. Its ROCE of 29% is the highest among the 7 largest Steel peers, and sales and net profit grew 2.8% and 19% a year over 3 years. It has almost no debt, and its dividend yield is 0.7%. It is a small-cap company with a market cap of ₹142 Cr, ranked 95th of 150 Steel companies by market cap; the shares rose 1.2% over the past year.

As of 6 Nov 2026Prices are delayed about 15 minutes; fundamentals are from the quarter ended Sep 2026.How we calculate this

past year

Open: ₹492.30
Day high: ₹498.00
Day low: ₹483.05
Prev. close: ₹500.80
Volume: 1.5K

Health check

3 good · 1 fair · 2 to check

ReturnsBehind
+1.2% over a year, better than 1 of 7 peers.
Price tagCheaper
P/E 9.6 vs industry 19.9.
GrowthSteady
Sales +2.8%, profit +19.0% a year over 3 years.
ProfitabilityStrong
ROCE 28.8% vs peer median 18.7%.
Balance sheetSolid
Debt 0.07× equity, interest covered 24.2×, Piotroski 9 of 9.
Red flags1 to check
37% below its 52-week high.

Compared with 7 industry peers. Computed from reported figures. Educational, not a recommendation.

Steel

149 listed peers. Screen the industry

Small cap

₹142 Cr, #95 of 150 in its industry by size.

Defensive

Beta 0.64 vs the NIFTY 50: moves less than the market.

Key metrics

Last 12 months to Sep 2026: sales ₹187 Cr · profit ₹15 Cr

Market cap: ₹142 Cr; Small cap
P/E: 9.6; Industry 19.9
Price to book: 2.15; Peers 2.28
Dividend yield: 0.70%
ROE: 25.1%; Peers 23.4%
ROCE: 28.8%; Peers 18.7%
Debt to equity: 0.07; Debt ₹4.90 Cr
EPS (TTM): ₹51.58
OPM (TTM): 12.8%; Net margin 7.9%
Sales growth: +9.7%; Latest quarter vs a year ago
Profit growth: +10.1%; Latest quarter vs a year ago
Price to sales: 0.76; EV/EBITDA 5.9

Strengths

Return on equity of 25.1%.
Return on capital employed of 28.8%.
Practically debt-free.
P/E of 9.6 against an industry P/E of 19.9.
Positive operating cash flow in each of the last 4 years.

Risks to check

37% below its 52-week high.

Derived automatically from reported figures. Not a recommendation.

About Bhagwati Autocast

Bhagwati Autocast Limited engages in the manufacture and sale of cast iron and spheroidal graphite iron castings in India. It provides cylinder blocks, crank cases, hydraulic lift housings, gear box and clutch housings/differential housings, and front axle support for tractors, as well as gear and power industry housings. The company was incorporated in 1981 and is based in Ahmedabad, India.

Headquarters: Ahmedabad
Employees: 68
Sector: Basic Materials
ISIN: INE106G01014
Website: bhagwati.com

Price range

52 weeks

₹456.25₹784.00

Today

₹483.05₹498.00

Avg volume (3M): 1.3K
1-year return: plus 1.2%
From 52-week high: minus 37.1%

Peers · Steel

Capital-heavy industry columns

Compare with peers Screen the whole industry

Company
JSWSTEELJSW Steel	1,357.10	plus 0.11%	3,31,265	11.7	12.2	18.7%	17.7%	0.62	3.6%	plus 14.7%
TATASTEELTata Steel	186.30	plus 2.36%	2,32,397	21.1	9.1	11.3%	15.2%	0.89	−1.6%	plus 1.5%
JINDALSTELJindal Steel	1,165.00	plus 1.31%	1,18,594	41.5	14.9	7.5%	15.9%	0.42	−13.1%	plus 6.4%
LLOYDSMELloyds Metals And Energy	1,785.50	minus 1.38%	1,00,482	19.1	18.8	19.4%	37.4%	1.23	71.3%	plus 37.4%
SAILSteel Authority of India	171.60	minus 0.41%	70,880	12.6	8.1	7.2%	12.9%	0.50	2.0%	plus 24.7%
NMDCNMDC	70.40	minus 0.01%	61,894	8.3	6.2	28.4%	30.0%	0.19	22.0%	minus 5.2%
APLAPOLLOAPL Apollo Tubes	2,185.30	minus 0.41%	60,677	46.3	32.7	28.0%	8.2%	0.17	12.6%	plus 23.3%
BGWTATOBhagwati Autocast	492.85	minus 1.59%	142	9.6	6.1	28.8%	13.7%	0.07	2.8%	plus 1.2%
Median of 7 peers	–	−0.01%	1,00,482	19.1	12.2	18.7%	15.9%	0.50	3.6%	14.7%

Quarterly results

Consolidated, ₹ crore

SalesSelect a row below to chart it

Sep 25	Dec 25	Mar 26	Jun 26	Sep 26
42.7	42.9	44.9	52.2	46.8
36.8	36.1	39.6	45.2	42
5.8	6.8	5.3	7	4.8
13.7%	16.0%	11.8%	13.4%	10.3%
0	0	0.1	0	0.1
0.2	0.2	0.2	0.2	0.1
0.8	0.9	0.8	0.9	1
4.8	5.7	4.4	6	3.8
25.6%	38.2%	28.6%	29.4%	−4.6%
3.6	3.5	3.1	4.2	4
12.52	12.29	10.84	14.66	13.79

Profit & loss

Yearly, ₹ crore

Sales CAGR 3Y: +2.8%
Profit CAGR 3Y: +19.0%
EPS CAGR 3Y: +19.0%
ROE: 25.1%

Net profitSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
151	131	134	164
–	minus 13.3%	+2.5%	+22.1%
135	118	122	141
15.7	13	12.6	23.2
10.4%	9.9%	9.4%	14.2%
−0.1	0.1	−0.1	−0.1
1.1	1	1	0.8
2.7	2.5	3.2	3.4
−1	0.1	0.3	0
10.8	9.6	8.6	18.9
28.7%	28.1%	28.6%	31.3%
7.7	6.9	6.2	13
–	minus 10.2%	minus 11.1%	+111.3%
26.80	24.06	21.38	45.16

Forecast

Your assumptions, not a prediction

Balance sheet

At each financial year end, ₹ crore

Total assetsSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
2.9	2.9	2.9	2.9
31.5	38	43.6	56
10.8	8.4	11.2	9.1
22.9	19.4	26.5	23.6
68.1	68.7	84.1	91.5
31.3	33.6	43	43.6
–	2.6	0	0.8
0	0	0	0.7
3.1	3.6	2.2	10.4
33.6	28.8	38.8	36.1
68.1	68.7	84.1	91.5

Cash flow

Yearly, ₹ crore

Cash from operationsSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
12	7.6	10	16.6
−0.2	−3.4	−13.9	−3.8
−9	−4	1	−3.7
2.8	0.2	−2.9	9.1
−0.3	−3.5	−14.4	−3.9
11.7	4.1	−4.4	12.7
−0.3	−0.6	−0.6	−0.7

Shareholding pattern

This company is listed only on BSE, so there’s no NSE category split. See Major shareholders below for the named holders.

Major shareholders

BSE filing

Filings & events

News

No recent news coverage found.

My notes

Private to you