Bhagwati Autocast Ltd
The short version
A steadily growing, highly profitable business — priced in line with what it earns.
What Bhagwati Autocast does
Bhagwati Autocast Ltd (BAL) manufactures specialised grey /cast iron (CI) and spheroidal graphite/ductile iron (SGI) castings, primarily for Indian tractor and automobile OEMs, from its Rajoda plant near Bavla, Ahmedabad; In the FY26, its capacity was 22,800 MTPA and the company serves only the domestic market.
Worked out from Bhagwati Autocast's own filed results and exchange data, in plain words. Where a finance term matters, we say what it means.
01What does it do?
Bhagwati Autocast is a micro-sized company in auto components.
Bhagwati Autocast Ltd (BAL) manufactures specialised grey /cast iron (CI) and spheroidal graphite/ductile iron (SGI) castings, primarily for Indian tractor and automobile OEMs, from its Rajoda plant near Bavla, Ahmedabad; In the FY26, its capacity was 22,800 MTPA and the company serves only the domestic market.
- Whole company is worth
- ₹173 crore
- Run by
- REENA PRAVIN BHAGWATI
- Shareholders
- 2,906 people
- Listed since
- 1984
A very small company by stock-market value — prices can swing hard and trading can be thin.
02Is it growing?
Sales have grown 10% a year for 5 years.
At that pace a business doubles in size roughly every 7 years. Profit grew even faster, at 45% a year — the business is keeping more of each rupee it brings in.
03Does it make money?
Out of every ₹100 it sells, it keeps ₹7.6 as profit.
Here is where the money from Bhagwati Autocast's sales went in FY26, the latest full year it has reported.
- ₹44Making or buying what it sellsraw materials, stock, goods bought for resale
- ₹43Running the businessstaff, rent, marketing, power and everything else
- ₹0.5Interest on its loansthe cost of borrowed money
- ₹2.0Wear and tearmachines, stores and buildings losing value over time
- ₹3.5Taxincome tax paid to the government
- ₹7.6Profit it keepswhat is left for the company's owners
On the money its owners have put in
It earns ₹22 a year on every ₹100 its owners have invested.
That figure is called return on equity (ROE). Above ₹20 is rare and usually means the business has something competitors struggle to copy. For comparison, a bank fixed deposit pays roughly ₹6–7.
Does the profit turn into cash?
For every ₹100 of profit it reported, ₹131 actually came in as cash.
Over the last 3 years: ₹26 crore of profit and ₹34 crore of cash from its day-to-day business. Profit that shows up as cash is the most believable kind.
04Is the price high or low?
You pay ₹13 for every ₹1 of profit it makes in a year.
This is the P/E ratio: share price divided by a year's profit per share. A P/E of 13 means buyers are paying for about 13 years of today's profit up front.
The share price over the past year
It is 23% below its highest price of the past year and 32% above its lowest.
05Who owns it?
Its founders and parent group own 74 of every 100 shares — they control the company.
If the company were split into 100 equal shares, this is who would hold them. 2,906 people and institutions hold its shares.
As filed for the quarter ending 30 Sept 2026. Arrows show the change since the quarter before, in percentage points.
06What is going well, and what to watch
One thing going well, one thing worth watching.
Picked out of the numbers above by fixed rules — the same rules for every company — so nothing here is somebody's opinion.
Going well
- Earns ₹22 a year on every ₹100 of shareholders' money.
Worth watching
- Thinly traded — only about ₹8 lakh of shares change hands a day, so buying or selling can move the price.
07What happened lately?
Latest quarter: sales up 28%, profit up 54%.
Apr–Jun 2026 is the most recent quarter it has reported. Each figure is compared with the same three months a year earlier, because many businesses sell more in some seasons than others.
Sales
₹52 Cr
▲ 28.3% on a year earlier
Profit
₹4.2 Cr
▲ 54.0% on a year earlier
23 Jul 2026
Bhagwati Autocast reported strong Q1 FY27 results, with net profit rising 54.0% year-over-year, leading to a 20% upper circuit in its share price.
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This page describes Bhagwati Autocast using its reported figures and exchange data. It is for information only and is not investment advice or a recommendation to buy, sell or hold. DocStoX is not a SEBI-registered investment adviser or research analyst.
Bhagwati Autocast Ltd (BGWTATO): company summary
The company's business improved significantly, with annual revenue rising 22.4% and net profit surging 111.2% year-over-year.
Bhagwati Autocast Ltd (BGWTATO) is a micro-cap Automobiles company valued at ₹173 crore operating in Auto Components on the NSE and BSE.
- Recent price move
- Bhagwati Autocast Ltd last traded at ₹604, down 2.39% on the day.
- Recent developments
- 2026-07-23: Bhagwati Autocast reported strong Q1 FY27 results, with net profit rising 54.0% year-over-year, leading to a 20% upper circuit in its share price.
- Financial performance
- The company's business improved significantly, with annual revenue rising 22.4% and net profit surging 111.2% year-over-year. The latest quarter showed even stronger growth, with revenue up 28.3% and net profit jumping 54.0% compared to the same quarter a year earlier. Net profit margin expanded 3.2 percentage points to 7.6%, while return on equity remained strong at 22.1%.
- Valuation multiples
- The stock trades at 13.4 times earnings, 3.29 times book value. It yields 0.5%.
- Things to watch
- The stock is 21.1% below its 52-week high, and the company's market cap remains small at ₹178 crore. While profit growth has been strong, revenue growth has slowed in recent quarters, with a 3.6% CAGR over the past three years.
- Where it stands
- Bhagwati Autocast Ltd ended the latest quarter with revenue of ₹52 crore and net profit of ₹4 crore, marking a 54.0% increase in profit compared to the same quarter a year earlier. The stock is 21.1% below its 52-week high, but the company's net profit margin has improved significantly.
Summarised by DocStoX's model on 2026-10-18 from company filings, exchange data and news. This is a factual summary, not a rating or a recommendation. Informational only, not investment advice. Consult a SEBI-registered adviser before investing.
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