MarketFriction

Bhaskar Agrochemicals Ltd

BSE 524534 · Pesticides & Agrochemicals
₹105.20 -3.40%
BSE close2026-10-01
Market cap₹55.2 Cr.
P/E10.5

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Standalone, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales29.5520.299.4811.6632.2424.3022.3123.2040.4529.6928.5824.76
Expenses24.2717.259.8713.1826.8920.9120.4922.4735.1525.4328.8423.86
Operating Profit5.283.04-0.39-1.525.353.391.820.735.304.26-0.260.90
OPM %17.87%14.98%-4.11%-13.04%16.59%13.95%8.16%3.15%13.10%14.35%-0.91%3.63%
Other Income0.000.000.040.020.000.010.060.000.01-0.370.290.03
Interest0.460.460.470.440.370.450.740.480.420.400.380.25
Depreciation0.410.400.410.420.430.440.450.430.460.480.480.47
Profit before tax4.412.18-1.23-2.364.552.510.69-0.184.433.01-0.830.21
Tax %27.66%32.11%-27.64%-24.15%30.33%29.08%-7.25%16.67%25.96%21.93%-2.41%33.33%
Net Profit3.191.48-0.90-1.783.171.770.74-0.213.282.34-0.820.14
EPS in Rs6.122.84-1.73-3.426.083.401.42-0.406.304.49-1.570.27
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales28285252526462556791122123
Expenses26265049496157506181112113
Operating Profit22233355691010
OPM %7%8%3.7%6%6%5%8%9%9%10%8%8%
Other Income0-00000-1000-0-0
Interest011111122221
Depreciation001111112222
Profit before tax210111223567
Tax %0%0%0%0%0%0%44%88%34%28%27%
Net Profit210111102455
EPS in Rs3.031.650.751.381.171.632.090.443.347.498.989.49
Dividend Payout %0%0%0%0%0%0%0%0%0%0%11%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth16%14%30%21%
Compounded Profit Growth12%42%178%-4%
Stock Price CAGR%21%42%-3%
Return on Equity14%17%22%25%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital555555555555
Reserves-3-2234457791317
Borrowings6108121311111618182016
Other Liabilities655799111617182033
Total Liabilities141821273130324447505871
Fixed Assets9914141918181717181920
CWIP041400000000
Investments000000000000
Other Assets56691211132730314051
Total Assets141821273130324447505871
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity2111232-434111
Cash from Investing Activity-1-4-2-4-2-1-1-1-3-2-2-4
Cash from Financing Activity-1313-0-3-24-0-21-6
Net Cash Flow0-00-000000001
Free Cash Flow1-3-1-3032-402-17
CFO/OP138%40%61%33%84%116%78%-73%68%75%21%140%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days7107820382076111828666
Inventory Days73739765754866109114142133136
Days Payable6534392834307191108976464
Cash Conversion Cycle1549654561561595116128155138
Working Capital Days-19-28-43-31-39-36-1746222110
ROCE %14%17%12%8%10%9%11%17%12%15%21%22%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters62.20%62.20%62.20%62.20%62.20%62.20%62.20%62.28%62.28%65.37%65.40%65.41%
Public37.79%37.79%37.80%37.80%37.79%37.79%37.80%37.72%37.72%34.63%34.61%34.59%
No. of Shareholders4,3374,2594,2774,6564,5924,5964,5474,6704,5524,4924,7264,732

Fundamentals

Market Cap₹ 55.2 Cr.
Current Price₹ 106
Stock P/E10.5
Book Value₹ 42.2
ROCE22.3 %
ROE25.0 %
Dividend Yield0.95 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)21%
Compounded Profit Growth (TTM)-4%
Standalone figures.
Valuation
Market capRs 55 Cr
Enterprise valueRs 70 Cr
P/E (TTM)11.09x
Price to book2.49x
Price to sales0.44x
EV / EBITDA6.85x
EV / EBIT8.41x
EV / sales0.56x
Price to cash flow4.83x
Earnings yield9.01%
Dividend yield0.95%
P/E, 3-year average15.81x
P/B, 3-year average2.88x
P/E, 5-year average48.07x
P/B, 5-year average2.91x
Profitability
Operating margin (excl. other income)15.12%
Operating margin (incl. other income)15.06%
EBITDA margin8.23%
Pre-tax margin5.52%
Net profit margin4.00%
Net margin, latest quarter0.57%
ROE23.56%
ROCE21.27%
ROA7.22%
ROE, 3-year average20.57%
ROCE, 3-year average19.09%
ROA, 3-year average6.00%
ROE, 5-year average14.70%
ROCE, 5-year average16.59%
ROA, 5-year average4.28%
ROIC (approx.)16.44%
Tax rate26.99%
Other income / net worth-0.32%
Growth
Sales growth (latest year)34.70%
Profit growth (latest year)20.00%
Sales CAGR, 3 years30.18%
Sales CAGR, 5 years13.82%
Profit CAGR, 3 years173.01%
Profit CAGR, 5 years40.66%
Sales growth QoQ-13.37%
Sales growth YoY (latest quarter)6.72%
Per share
EPS (TTM)Rs 9.48
EPS (latest year)Rs 8.98
EPS (latest quarter)Rs 0.27
EPS, 3-year averageRs 6.60
EPS, 5-year averageRs 4.47
Book value per shareRs 42.19
Sales per shareRs 237.02
Cash flow per shareRs 21.79
Free cash flow per shareRs 13.44
Dividend per share (latest year)Rs 1.00
Dividend per share, 3-year averageRs 1.00
Dividend per share, 5-year averageRs 1.00
Dividends
Dividend payout11.11%
Dividend payout, 3-year average11.11%
Dividend payout, 5-year average11.11%
Efficiency
Asset turnover1.71x
Fixed asset turnover5.97x
Inventory turnover2.68x
Inventory days136 days
Debtor days66 days
Debtors turnover5.57x
Creditor days64 days
Cash conversion cycle138 days
Working capital days10 days
Leverage
Total debtRs 16 Cr
Cash and bankRs 1 Cr
Net debtRs 15 Cr
Debt to equity0.73x
Net debt / EBITDA1.45x
Interest coverage5.70x
Owners' fund to total sources30.83%
Debt to assets22.52%
Cash flow
Cash from Operating Activity (latest year)Rs 11 Cr
Cash from Investing Activity (latest year)Rs -4 Cr
Cash from Financing Activity (latest year)Rs -6 Cr
Net Cash Flow (latest year)Rs 1 Cr
Free cash flow (latest year)Rs 7 Cr
FCFE (approx.: FCF + change in debt)Rs 3 Cr
Cash from ops / profit, 5 years1.25x
Sales to cash flow10.74x
Statement figures
Net sales (TTM)Rs 123 Cr
Net sales (latest year)Rs 122 Cr
Sales (latest quarter)Rs 25 Cr
Operating profit excl. other income (latest year)Rs 18 Cr
Operating profit (latest quarter)Rs 1 Cr
Other income (TTM)Rs -0 Cr
EBITDA (TTM)Rs 10 Cr
PBDT (TTM)Rs 9 Cr
Profit before tax (TTM)Rs 7 Cr
Tax (latest year)Rs 2 Cr
Net profit (TTM)Rs 5 Cr
Net profit (latest year)Rs 5 Cr
Net profit (latest quarter)Rs 0 Cr
Depreciation (TTM)Rs 2 Cr
Depreciation (latest quarter)Rs 0 Cr
Interest (TTM)Rs 1 Cr
Cost of goods sold (latest year)Rs 68 Cr
Total expenditure (latest year)Rs 103 Cr
Total income (latest year)Rs 122 Cr
Share capitalRs 5 Cr
ReservesRs 17 Cr
Shareholders' fundsRs 22 Cr
Total assetsRs 71 Cr
Net blockRs 20 Cr
Capital work in progressRs 0 Cr
ReceivablesRs 22 Cr
InventoryRs 26 Cr
Other liabilitiesRs 33 Cr
Shares outstanding (crore)0.52
Ownership
Promoter holding65.41% (+3.13 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/E 11.1 is at the 14th percentile of its own 8.2-year range (median 22.9, low 8.2, high 162.5).
P/B 2.49 is at the 55th percentile (median 2.23).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
Period524534Nifty 50Difference
1 week-1.5%-2.8% +1.3 pts
1 month-4.6%-6.8% +2.2 pts
3 months-14.6%-7.6% -7.0 pts
3 years+185.1%+14.2% +170.9 pts
5 years+150.5%+27.9% +122.6 pts

Red flags

F-score 6 of 8
No red flags in the latest statements and filings.
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Latest quarter

Jun 2026
Sales ₹25 Cr +6.7% vs Jun 2025. Net profit ₹0 Cr +166.7%.

Activity

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No bulk or block deals on record.
No corporate actions on record.
No announcements in our files yet.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Not on any NSE surveillance list in the latest file.

Quick answers

What is the market cap of Bhaskar Agrochemicals Ltd?

Bhaskar Agrochemicals Ltd (524534) has a market capitalisation of Rs 55.2 Cr. at the 2026-10-01 close.

What is the P/E ratio of Bhaskar Agrochemicals Ltd?

Bhaskar Agrochemicals Ltd trades at a P/E of 10.5 on trailing twelve-month profit, at the 2026-10-01 close.

What were Bhaskar Agrochemicals Ltd's latest quarterly results?

In the Jun 2026 quarter, Bhaskar Agrochemicals Ltd sales was Rs 25 Cr (+6.7% vs Jun 2025) and net profit was Rs 0 Cr.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03