Bhagyanagar
211.96
+6.91(+3.37%)
Market Cap₹678.17 Cr
PE Ratio18.09
Company Performance:
1D+3.37%
1M+46.79%
6M+116.18%
1Y+194.72%
5Y+321.81%
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More news about Bhagyanagar
04Feb 26
Bhagyanagar India Q3FY26 Earnings Call Reveals Strong Growth and Demerger Plans
Bhagyanagar India Limited's Q3FY26 earnings call revealed outstanding financial performance with revenue reaching ₹1,643 crores for nine months, representing 40% YoY growth and surpassing entire FY25 turnover. The company reported 172% EBITDA growth to ₹69.98 crores with margins improving to 4.26%. Strategic initiatives include demerging copper business into Tieramaet Limited by FY26-27, expanding capacity to 35,000 metric tons, and developing real estate assets worth ₹200-300 crores under Telangana's industrial transformation policy.
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30Jan 26
Bhagyanagar India Limited Receives NCLT Order for Composite Scheme of Arrangement
Bhagyanagar India Limited received NCLT Hyderabad Bench order dated January 29, 2026, approving composite scheme of arrangement involving amalgamation with subsidiary Bhagyanagar Copper Private Limited and subsequent demerger into Tieramet Limited. The scheme includes 1:1 share exchange ratio and mandates specific stakeholder meetings on March 14, 2026.
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29Jan 26
Bhagyanagar India Limited's Subsidiary Receives ACUITE BBB+ Credit Rating
Bhagyanagar India Limited announced that its wholly owned subsidiary, Bhagyanagar Copper Private Limited, received an 'ACUITE BBB+' long-term credit rating with Stable outlook from Acuite Ratings & Research Limited. The rating was communicated to NSE and BSE on January 29th, 2026, in compliance with SEBI regulations. Rating details are available on Acuite's platform and the company's website.
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27Jan 26
Bhagyanagar India Limited Schedules Board Meeting for January 30, 2026 to Review Q3FY26 Financial Results
Bhagyanagar India Limited has scheduled a board meeting for January 30, 2026, to consider and approve unaudited standalone and consolidated financial results for Q3 and nine months ended December 31, 2025. The meeting is being held in compliance with SEBI (LODR) Regulations, 2015. The company has implemented trading window restrictions for designated persons until 48 hours after the financial results declaration.
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09Jan 26
Bhagyanagar India Limited Explains Delayed Disclosure of Managing Director's Resignation to Stock Exchanges
Bhagyanagar India Limited submitted explanatory details to NSE and BSE regarding delayed disclosure of Managing Director Shri Narender Surana's resignation, acknowledging non-compliance with SEBI's 24-hour disclosure requirement. The company attributed the delay to an unforeseen facility incident that disrupted operations, emphasizing the lapse was inadvertent with no malafide intent. Corrective measures have been implemented to prevent future occurrences, with current Managing Director Devendra Surana reaffirming the company's commitment to regulatory compliance.
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17Nov 25
Bhagyanagar India Reports Robust H1 Performance with 37% Revenue Growth
Bhagyanagar India Limited, a copper products manufacturer, reported significant growth in H1 financial results. Revenue increased by 37% to ₹1,065.00 crores, EBITDA grew by 179% to ₹41.39 crores, and PAT rose by 257% to ₹25.00 crores. The company aims for a ₹5,000.00 crores turnover in 7-8 years through expansion into value-added products and corporate restructuring. Plans include separating copper assets into a distinct listed entity within 12 months.
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25Oct 25
Bhagyanagar India Limited Reports Robust Q2 FY2026 Performance with Significant Revenue and Profit Growth
Bhagyanagar India Limited (BIL) announced impressive Q2 FY2026 results. Consolidated revenue increased by 42.24% to Rs. 58,037.08 lakhs, while net profit surged 202.26% to Rs. 1,127.23 lakhs compared to Q2 FY2025. Standalone performance also showed significant growth, with total income up 148.03% and net profit rising 204.32%. The company's half-yearly consolidated revenue reached Rs. 1,06,597.36 lakhs with a profit after tax of Rs. 1,884.40 lakhs. BIL also filed a Composite Scheme of Arrangement involving its subsidiary companies, which was approved by the Board on September 20, 2025.
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14Oct 25
Bhagyanagar India Limited Appoints New Company Secretary and Compliance Officer
Bhagyanagar India Limited has appointed Mr. Janaki Rama Lakshmana Rao Kanukollu as its new Company Secretary and Compliance Officer, effective October 14, 2025. Mr. Kanukollu, an Associate Member of ICSI with 30 years of experience, holds LLB and LLM degrees. The Board of Directors made this appointment following recommendations from the Nomination and Remuneration Committee, in compliance with regulatory requirements. Mr. Kanukollu will also be responsible for determining the materiality of events for stock exchange disclosures.
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20Sept 25
Bhagyanagar India Limited Unveils Major Restructuring Plan for Copper Business
Bhagyanagar India Limited (BIL) approved a Composite Scheme of Arrangement on September 20, 2025. The plan includes merging wholly-owned subsidiary Bhagyanagar Copper Private Limited with BIL, followed by demerging BIL's copper division into a new entity, Tieramet Limited. Shareholders will receive Tieramet shares at a 1:1 ratio, with plans to list Tieramet on NSE and BSE. The restructuring aims to optimize corporate structure, unlock shareholder value, improve operational efficiency, and create a focused entity for copper business with ESG emphasis. The appointed date for the scheme is April 1, 2025, subject to regulatory approvals.
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17Sept 25
Bhagyanagar India Limited Schedules Board Meeting for Composite Scheme of Arrangement
Bhagyanagar India Limited (BIL) has scheduled a board meeting on September 20, 2025, to consider a Composite Scheme of Arrangement involving merger/demerger with its wholly owned subsidiaries. The company has also announced a trading window closure for designated persons from September 18 to 23, 2025. Additionally, BIL has incorporated a new wholly owned subsidiary, TIERAMET LIMITED, with an authorized capital of Rs. 1,00,000, focusing on copper manufacturing and renewable energy sectors.
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04Sept 25
Bhagyanagar India Limited Announces Board Approvals for Key Appointments and Amendments
Bhagyanagar India Limited's board has approved several significant changes. Two directors, Smt. Sanjana Jain and Shri Naresh Chand Bhardwaj, have been re-appointed for new terms. M/s Rakhi Agarwal has been recommended as the Secretarial Auditor for five years. The company's Memorandum of Association will be amended to allow for mergers, partnerships, and acquisitions. The 40th Annual General Meeting is scheduled for September 30, 2025, via video conferencing.
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22Jul 25
Bhagyanagar India Reports Robust Q1 Results, Explores Corporate Restructuring Options
Bhagyanagar India Limited announced impressive Q1 financial results with significant growth in revenue and profit. Standalone revenue increased by 31.09% to Rs. 185.09 lakhs, while net profit surged by 4,043.28% to Rs. 83.30 lakhs. Consolidated revenue grew by 31.53% to Rs. 48,560.29 lakhs, with net profit rising 339.03% to Rs. 757.17 lakhs. The company's Board of Directors has also authorized the evaluation of corporate restructuring strategies to potentially optimize operations and enhance shareholder value. The statutory auditors have issued an unmodified opinion on the financial results.
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08Mar 25
Bhagyanagar India Expands into Solar Sector with 51% Stake in Crescentia Technology
Bhagyanagar India Limited (BIL) has acquired a 51% stake in Crescentia Technology Private Limited for ₹5,10,000, marking its entry into the renewable energy market. Crescentia Technology, incorporated in 2015, focuses on solar energy products, generation, and project execution. This strategic move diversifies BIL's portfolio and positions it to capitalize on the growing demand for renewable energy solutions in India.
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Bhagyanagar
211.96
+6.91
(+3.37%)
1 Year Returns:+194.72%
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