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15 Feb 2026 00:04
Bhagwati Autocast
Net up 151% on good operating show


 Standalone net sales (including other operating income) of Bhagwati Autocast for the quarter ended Dec 2025 has increased 35.46% to Rs 42.90 crore.  

Operating profit margin has jumped from 9% to 15.97%, leading to 140.35% rise in operating profit to Rs 6.85 crore.  Raw material cost as a % of total sales (net of stock adjustments) decreased from 44.08% to 41.54%.   Employee cost increased from 10.70% to 11.00%.   Other expenses fell from 36.43% to 30.47%.   Stores consumed for sales fell from 16.63% to 13.07%.   Power and Oil fuel cost fell from 12.77% to 10.20%.   

Other income fell 81.25% to Rs 0.03 crore.  PBIDT rose 128.57% to Rs 6.88 crore.  Provision for interest fell 29.03% to Rs 0.22 crore.  

PBDT rose 146.67% to Rs 6.66 crore.  Provision for depreciation rose 43.08% to Rs 0.93 crore.  

Profit before tax grew 179.51% to Rs 5.73 crore.  Provision for tax was expense of Rs 2.19 crore, compared to Rs 0.64 crore.  Effective tax rate was 38.22% compared to 31.22%.

Profit after tax rose 151.06% to Rs 3.54 crore.  

Promoters’ stake was 74.06% as of 31 December 2025 ,compared to 73.92% as of 31 December 2024 .  

Quarter ended December 2025 compared with Quarter ended September 2025.

Net sales (including other operating income) of Bhagwati Autocast has increased 0.47% to Rs 42.90 crore.  

Operating profit margin has jumped from 13.70% to 15.97%, leading to 17.09% rise in operating profit to Rs 6.85 crore.  Raw material cost as a % of total sales (net of stock adjustments) decreased from 44.33% to 41.54%.   Employee cost increased from 9.50% to 11.00%.   Other expenses fell from 32.29% to 30.47%.   Stores consumed for sales fell from 13.58% to 13.07%.   Power and Oil fuel cost fell from 10.92% to 10.20%.   

Other income up 200% to Rs 0.03 crore.  PBIDT rose 17.41% to Rs 6.88 crore.  Provision for interest up 4.76% to Rs 0.22 crore.  

PBIDT rose 17.41% to Rs 6.88 crore.  Provision for depreciation rose 16.25% to Rs 0.93 crore.  

Profit before tax grew 18.14% to Rs 5.73 crore.  Provision for tax was expense of Rs 2.19 crore, compared to Rs 1.24 crore.  Effective tax rate was 38.22% compared to 25.57%.

Profit after tax fell 1.94% to Rs 3.54 crore.  

Promoters’ stake was 74.06% as of 31 December 2025 ,compared to 73.92% as of 30 September 2025 .  
For year-to-date (YTD) results analysis

Net sales (including other operating income) of Bhagwati Autocast has increased 24.60% to Rs 126.31 crore.  

Operating profit margin has jumped from 7.52% to 14.11%, leading to 133.86% rise in operating profit to Rs 17.82 crore.  Raw material cost as a % of total sales (net of stock adjustments) decreased from 47.88% to 43.96%.   Purchase of finished goods cost rose from 0.27% to 0.32%.   Employee cost decreased from 10.02% to 9.96%.   Other expenses fell from 34.34% to 31.57%.   Stores consumed for sales fell from 15.03% to 13.36%.   Power and Oil fuel cost fell from 12.72% to 10.74%.   

Other income fell 90.70% to Rs 0.04 crore.  PBIDT rose 121.86% to Rs 17.86 crore.  Provision for interest fell 22.58% to Rs 0.72 crore.  

PBDT rose 140.73% to Rs 17.14 crore.  Provision for depreciation rose 7.98% to Rs 2.57 crore.  

Profit before tax grew 207.38% to Rs 14.57 crore.  Provision for tax was expense of Rs 4.68 crore, compared to Rs 1.32 crore.  Effective tax rate was 32.12% compared to 27.85%.

Profit after tax rose 189.18% to Rs 9.89 crore.  

Promoters’ stake was 74.06% as of 31 December 2025 ,compared to 73.92% as of 31 December 2024 .  


Full year results analysis

Net sales (including other operating income) of Bhagwati Autocast has increased 4.21% to Rs 139.94 crore.  

Operating profit margin has declined from 9.66% to 8.84%, leading to 4.63% decline in operating profit to Rs 12.37 crore.  Raw material cost as a % of total sales (net of stock adjustments) decreased from 48.75% to 47.21%.   Purchase of finished goods cost fell from 0.42% to 0.19%.   Employee cost increased from 9.02% to 9.87%.   Other expenses rose from 32.16% to 33.90%.   Stores consumed for sales rose from 13.66% to 14.85%.   Power and Oil fuel cost rose from 11.81% to 12.14%.   

Other income up 180.95% to Rs 0.59 crore.  PBIDT fell 1.67% to Rs 12.96 crore.  Provision for interest up 13.73% to Rs 1.16 crore.  Loan funds rose to Rs 11.17 crore as of 31 March 2025 from Rs 8.40 crore as of 31 March 2024.  Inventories rose to Rs 6.89 crore as of 31 March 2025 from Rs 6.52 crore as of 31 March 2024.  Sundry debtors were higher at Rs 29.35 crore as of 31 March 2025 compared to Rs 23.65 crore as of 31 March 2024.  Cash and bank balance declined from Rs 3.24 crore as of 31 March 2024 to Rs 0.35 crore as of 31 March 2025.  

PBDT fell 2.96% to Rs 11.8 crore.  Provision for depreciation rose 26.19% to Rs 3.18 crore.  Fixed assets increased to Rs 43.04 crore as of 31 March 2025 from Rs 32.27 crore as of 31 March 2024.  Intangible assets increased from Rs 0.01 crore to Rs 0.43 crore.  

Profit before tax down 10.58% to Rs 8.62 crore.  Provision for tax was expense of Rs 2.46 crore, compared to Rs 2.71 crore.  Effective tax rate was 28.54% compared to 28.11%.

Profit after tax fell 11.11% to Rs 6.16 crore.  

Promoters’ stake was 73.92% as of 31 March 2025 ,compared to 73.89% as of 31 March 2024 .  

Cash flow from operating activities increased to Rs 10.01 crore for year ended March 2025 from Rs 7.63 crore for year ended March 2024.  Cash flow used in acquiring fixed assets during the year ended March 2025 stood at Rs 14.42 crore, compared to Rs 3.50 crore during the year ended March 2024.  



  • Bhagwati Autocast : Standalone Results

    Quarter ended

    Year to Date

    Year ended

    Particulars

    202512

    202412

    Var.(%)

    202512

    202412

    Var.(%)

    202503

    202403

    Var.(%)

    Net Sales (including other operating income)

    42.90

    31.67

    35.46

    126.31

    101.37

    24.60

    139.94

    134.29

    4.21

    OPM (%)

    15.97

    9.00

    697 bps

    14.11

    7.52

    659 bps

    8.84

    9.66

    -82 bps

    OP

    6.85

    2.85

    140.35

    17.82

    7.62

    133.86

    12.37

    12.97

    -4.63

    Other Inc.

    0.03

    0.16

    -81.25

    0.04

    0.43

    -90.70

    0.59

    0.21

    180.95

    PBIDT

    6.88

    3.01

    128.57

    17.86

    8.05

    121.86

    12.96

    13.18

    -1.67

    Interest

    0.22

    0.31

    -29.03

    0.72

    0.93

    -22.58

    1.16

    1.02

    13.73

    PBDT

    6.66

    2.70

    146.67

    17.14

    7.12

    140.73

    11.80

    12.16

    -2.96

    Depreciation

    0.93

    0.65

    43.08

    2.57

    2.38

    7.98

    3.18

    2.52

    26.19

    PBT

    5.73

    2.05

    179.51

    14.57

    4.74

    207.38

    8.62

    9.64

    -10.58

    PBT before EO

    5.73

    2.05

    179.51

    14.57

    4.74

    207.38

    8.62

    9.64

    -10.58

    EO Income

    0

    0

    -

    0

    0

    -

    0

    0

    -

    PBT after EO

    5.73

    2.05

    179.51

    14.57

    4.74

    207.38

    8.62

    9.64

    -10.58

    Taxation

    2.19

    0.64

    242.19

    4.68

    1.32

    254.55

    2.46

    2.71

    -9.23

    PAT

    3.54

    1.41

    151.06

    9.89

    3.42

    189.18

    6.16

    6.93

    -11.11

    P/(L) from discontinued operations net of tax

    0

    0

    -

    0

    0

    -

    0

    0

    -

    Net profit after discontinued operations

    3.54

    1.41

    151.06

    9.89

    3.42

    189.18

    6.16

    6.93

    -11.11

    EPS (Rs)*

    12.29

    4.90

    151.06

    34.34

    11.88

    189.18

    21.39

    24.06

    -11.11

    * EPS is on current equity of Rs 2.88 crore, Face value of Rs 10, Excluding extraordinary items.

    # EPS is not annualised

    bps : Basis points

    EO : Extraordinary items

    Figures in Rs crore

    Source: Capitaline Corporate Database

     

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