BHAGERIA share price, P/E, ROE & financials

As of 6 Nov 2026, Bhageria Industries trades at 13.9× trailing earnings, below the industry P/E of 22.1×, and the shares are 13% below their 52-week high. Sales and net profit grew 20% and 46% a year over 3 years; its ROCE of 9.1% is the lowest among the 7 largest Specialty Chemicals peers. Debt is 0.23× equity, and its dividend yield is 0.7%. It is a small-cap company with a market cap of ₹1,575 Cr, ranked 68th of 204 Specialty Chemicals companies by market cap; the shares rose 73% 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: ₹372.00
Day high: ₹375.70
Day low: ₹359.15
Prev. close: ₹369.70
Volume: 91.2K

Health check

4 good · 1 fair · 1 to check

ReturnsAhead
+73.2% over a year, better than 6 of 7 peers.
Price tagCheaper
P/E 13.9 vs industry 22.1.
GrowthStrong
Sales +20.1%, profit +46.2% a year over 3 years.
ProfitabilityWeak
ROCE 9.1% vs peer median 24.4%.
Balance sheetFair
Debt 0.23× equity, interest covered 21.1×, Piotroski 5 of 9.
Red flagsNone found
No warning signs in the headline numbers.

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

Specialty Chemicals

203 listed peers. Screen the industry

Small cap

₹1,575 Cr, #68 of 204 in its industry by size.

Defensive

Beta 0.71 vs the NIFTY 50: moves less than the market.

Key metrics

Last 12 months to Sep 2026: sales ₹1,254 Cr · profit ₹113 Cr

Market cap: ₹1,575 Cr; Small cap
P/E: 13.9; Industry 22.1
Price to book: 2.33; Peers 13.33
Dividend yield: 0.68%
ROE: 18.0%; Peers 23.0%
ROCE: 9.1%; Peers 24.4%
Debt to equity: 0.23; Debt ₹155 Cr
EPS (TTM): ₹25.91; Face value ₹5
OPM (TTM): 14.1%; Net margin 9.0%
Sales growth: +123.0%; Latest quarter vs a year ago
Profit growth: +374.4%; Latest quarter vs a year ago
Price to sales: 1.26; EV/EBITDA 9.2

Strengths

Quarterly profit up 374.4% on a year ago.
Quarterly sales up 123.0% on a year ago.
P/E of 13.9 against an industry P/E of 22.1.
Positive operating cash flow in each of the last 4 years.

No obvious red flags in the headline numbers.

Derived automatically from reported figures. Not a recommendation.

About Bhageria Industries

Bhageria Industries Limited, together with its subsidiaries, manufactures and trades specialty dyes and dye intermediates in India and internationally. It operates through Chemicals, Solar Power, Pharma, and Others segments. The company offers organic and inorganic chemicals, such as pigment and pigment intermediates, dyestuffs, h-acid, gamma acid, and vinyl sulphone. It also generates and distributes solar power; produces active pharmaceutical…

Headquarters: Mumbai
Employees: 457
Sector: Basic Materials
ISIN: INE354C01027
Website: bhageriagroup.com

Price range

52 weeks

₹127.51₹415.80

Today

₹359.15₹375.70

Avg volume (3M): 2 L
1-year return: plus 73.2%
From 52-week high: minus 13.2%

Peers · Specialty Chemicals

Capital-heavy industry columns

Compare with peers Screen the whole industry

Company
ASIANPAINTAsian Paints	2,546.00	plus 0.88%	2,44,025	50.5	35.0	24.4%	18.9%	0.21	1.1%	plus 1.5%
SOLARINDSSolar Industries India	18,608.00	plus 0.48%	1,68,384	74.4	64.1	29.5%	27.8%	0.22	12.4%	plus 35.9%
PIDILITINDPidilite Industries	1,579.00	plus 1.63%	1,60,827	60.0	44.4	28.5%	23.5%	0.03	7.4%	plus 6.8%
LINDEINDIALinde India	6,859.00	plus 8.73%	58,496	118.4	64.2	16.3%	31.5%	0.23	–	plus 5.4%
BERGEPAINTBerger Paints India	478.35	minus 5.28%	55,776	45.4	29.4	20.6%	16.5%	0.09	4.2%	minus 6.0%
FLUOROCHEMGujarat Fluorochemicals	4,665.50	minus 0.94%	51,251	75.9	44.0	9.6%	24.4%	0.26	−4.5%	plus 28.0%
ACUTAASAcutaas Chemicals	3,786.60	plus 0.42%	31,001	70.9	64.1	27.7%	39.4%	0.01	29.4%	plus 105.6%
BHAGERIABhageria Industries	360.95	minus 2.37%	1,575	13.9	17.8	9.1%	14.1%	0.23	20.1%	plus 73.2%
Median of 7 peers	–	0.48%	58,496	70.9	44.4	24.4%	24.4%	0.21	5.8%	6.8%

Quarterly results

Consolidated, ₹ crore

SalesSelect a row below to chart it

Jun 25	Dec 25	Mar 26	Jun 26	Sep 26
157	242	271	286	456
140	222	240	244	371
17.7	19.7	30.6	42	84.7
11.2%	8.2%	11.3%	14.7%	18.6%
6.5	3	−4.3	15.6	4
1	0.7	0.9	1.9	2.6
7.8	8.2	8.8	9.6	10.4
15.4	13.8	16.7	46.1	75.6
29.4%	21.5%	32.3%	26.4%	26.3%
11.3	11.2	11.8	34.2	55.9
2.58	2.56	2.71	7.83	12.81

Sep 25 not reported by the data source.

Profit & loss

Yearly, ₹ crore

Sales CAGR 3Y: +20.1%
Profit CAGR 3Y: +46.2%
EPS CAGR 3Y: +46.2%
ROE: 18.0%

Net profitSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
499	492	592	865
–	minus 1.4%	+20.3%	+46.1%
444	449	509	774
54.8	43.7	83.3	91.2
11.0%	8.9%	14.1%	10.5%
2.8	5.8	6.6	7.7
3	1.6	2.6	3.1
34.4	31.7	31.4	32.6
0.3	10.1	−1.7	−1.2
20.4	26.3	54.2	62
27.8%	29.5%	28.6%	28.2%
14.7	19.1	40.4	46.1
–	+29.3%	+111.9%	+14.0%
3.38	4.37	9.26	10.56

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
21.8	21.8	21.8	21.8
484	501	536	575
38.1	47.2	46.3	109
87.2	106	128	154
631	676	733	860
371	364	360	504
8.5	19.1	11.8	121
17.8	2.8	23.4	40
43.1	69.5	74.4	63.5
191	220	263	132
631	676	733	860

Cash flow

Yearly, ₹ crore

Cash from operationsSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
27.6	22.9	49.5	98.5
−23.1	−33.1	−43.5	−141
−15.6	4.8	−9.2	46.1
−11.1	−5.3	−3.2	3.5
−13.7	−26.6	−24.4	−143
13.9	−3.7	25	−44.7
−17.5	−4.4	−4.4	−6.5

Shareholding pattern

Source: NSE filings

71.8%

promoters

Promoters71.85%
Public28.15%
As of 30 Sep 2026

Quarter	Promoters	Public	Promoter change
30 Sep 2026	71.85%	28.15%	plus 0.08
30 Jun 2026	71.77%	28.23%	0.00
31 Mar 2026	71.77%	28.23%	plus 0.02
31 Dec 2025	71.75%	28.25%	0.00
30 Sep 2025	71.75%	28.25%	–

Major shareholders

NSE filing

Filings & events

News

No recent news coverage found.

My notes

Private to you