Bhageria Industries Reports Robust FY26 Financial Results; Board Recommends ₹2.50 Per Share Dividend
Bhageria Industries Limited reported standalone total income from operations of ₹88,055.78 lakhs for FY26, up from ₹60,407.65 lakhs in FY25, with standalone net profit after tax rising to ₹5,029.85 lakhs from ₹4,226.54 lakhs. On a consolidated basis, total income from operations reached ₹88,078.83 lakhs in FY26, with net profit after tax of ₹4,449.13 lakhs. Standalone basic and diluted EPS for FY26 stood at ₹11.52, compared to ₹9.68 in FY25. The Board has recommended a dividend of ₹2.50 per share for FY26, subject to shareholder approval at the Annual General Meeting.

*this image is generated using AI for illustrative purposes only.
Bhageria Industries Limited has released its audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2026, as approved by the Board of Directors at its meeting held on May 2, 2026. The results were published in Business Standard (English) and Tarun Bharat (Marathi) on May 4, 2026, in compliance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Strong Revenue Growth in FY26
Bhageria Industries delivered a notable improvement in its top-line performance for the full financial year ended March 31, 2026. On a standalone basis, total income from operations (net) rose to ₹88,055.78 lakhs in FY26 from ₹60,407.65 lakhs in FY25. The consolidated total income from operations similarly increased to ₹88,078.83 lakhs in FY26 from ₹60,159.06 lakhs in FY25. The following table presents the key financial highlights for both standalone and consolidated performance:
| Metric: | Standalone FY26 (Audited) | Standalone FY25 (Audited) | Consolidated FY26 (Audited) | Consolidated FY25 (Audited) |
|---|---|---|---|---|
| Total Income from Operations (Net) (₹ in lakhs): | 88,055.78 | 60,407.65 | 88,078.83 | 60,159.06 |
| Net Profit Before Tax (₹ in lakhs): | 6,785.88 | 5,775.89 | 6,196.86 | 5,418.41 |
| Net Profit After Tax (₹ in lakhs): | 5,029.85 | 4,226.54 | 4,449.13 | 3,869.06 |
| Total Comprehensive Income (₹ in lakhs): | 4,974.25 | 4,203.04 | 4,393.55 | 3,845.56 |
| Equity Share Capital (₹ in lakhs): | 2,182.21 | 2,182.21 | 2,182.21 | 2,182.21 |
| Reserves (₹ in lakhs): | 57,851.74 | 53,532.15 | 57,539.84 | 53,641.99 |
| Basic EPS (₹): | 11.52 | 9.68 | 10.56 | 9.26 |
| Diluted EPS (₹): | 11.52 | 9.68 | 10.56 | 9.26 |
Quarterly Performance Snapshot
For the quarter ended March 31, 2026, Bhageria Industries reported standalone total income from operations of ₹26,404.21 lakhs, compared to ₹24,535.34 lakhs in the quarter ended December 31, 2025, and ₹18,464.27 lakhs in the quarter ended March 31, 2025. The standalone net profit after tax for the quarter ended March 31, 2026 stood at ₹1,410.19 lakhs, against ₹1,202.07 lakhs in the preceding quarter and ₹1,651.31 lakhs in the corresponding quarter of the previous year.
On a consolidated basis, total income from operations for the quarter ended March 31, 2026 was ₹26,629.96 lakhs, compared to ₹24,450.29 lakhs in the quarter ended December 31, 2025, and ₹18,361.17 lakhs in the quarter ended March 31, 2025. Consolidated net profit after tax for the quarter ended March 31, 2026 was ₹1,129.60 lakhs, versus ₹1,083.98 lakhs in the preceding quarter.
| Metric: | Q4 FY26 (Mar 31, 2026) | Q3 FY26 (Dec 31, 2025) | Q4 FY25 (Mar 31, 2025) |
|---|---|---|---|
| Standalone Total Income (₹ in lakhs): | 26,404.21 | 24,535.34 | 18,464.27 |
| Standalone Net Profit After Tax (₹ in lakhs): | 1,410.19 | 1,202.07 | 1,651.31 |
| Standalone Basic EPS (₹): | 3.23 | 2.75 | 3.78 |
| Consolidated Total Income (₹ in lakhs): | 26,629.96 | 24,450.29 | 18,361.17 |
| Consolidated Net Profit After Tax (₹ in lakhs): | 1,129.60 | 1,083.98 | 1,511.79 |
| Consolidated Basic EPS (₹): | 2.71 | 2.56 | 3.61 |
Dividend Recommendation and Key Notes
The Board of Directors has recommended a dividend of ₹2.50 per share, representing 50% on equity capital at a face value of ₹5 per share, for the year ended March 31, 2026. This recommendation is subject to the approval of members at the ensuing Annual General Meeting. The Earnings Per Share (face value of ₹5 each, not annualised) on a standalone basis stood at ₹11.52 (basic and diluted) for FY26, compared to ₹9.68 in FY25. On a consolidated basis, basic and diluted EPS for FY26 was ₹10.56, against ₹9.26 in FY25.
Key disclosures accompanying the results include:
- The audited financial results for the year ended March 31, 2026 were reviewed by the Audit Committee and subsequently approved by the Board of Directors at their meeting held on May 2, 2026.
- The figures for the quarters ended March 31, 2026 and March 31, 2025 are balancing figures between audited full-year figures and published year-to-date figures up to the fourth quarter of the respective financial year.
- The full format of the financial results is available on the stock exchanges' websites ( www.bseindia.com and www.nseindia.com ) and on the company's website ( www.bhageriagroup.com ).
The results were signed by Suresh Bhageria, Chairman (DIN: 00540285), from Mumbai on May 4, 2026.
Historical Stock Returns for Bhageria Industries
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -3.35% | +2.79% | +30.32% | -25.23% | +10.27% | +3.02% |
What specific product segments or geographies drove Bhageria Industries' ~46% revenue surge in FY26, and are those growth drivers sustainable into FY27?
Given that Q4 FY26 net profit declined year-on-year despite strong revenue growth, what margin pressures could persist and how might management address them in the coming quarters?
How does Bhageria Industries plan to deploy its growing reserves of ₹57,851 lakhs — are there any capacity expansion, acquisition, or diversification plans on the horizon?


































