Synopsis:
Bhagyanagar India Limited shares hit a 20% upper circuit after Q2 results: Revenue rose 42% YoY to ₹580 Cr, and Net Profit surged 203% YoY to ₹11.3 Cr.
The shares of the Micro-Cap company specializing in manufacturing copper products such as rods, strips, and busbars, and has diversified into telecom products, solar products, real estate, and the wind power generation sector, hit a 20 percent upper circuit following their Q2 results with a 203 percent rise in profit YoY.
With a market capitalization of 385.00 Crores on Monday, the shares of Bhagyanagar India Limited hit a 20 percent upper circuit, reaching a high of Rs. 120.33 compared to its previous close of Rs. 100.28.
What Happened
Bhagyanagar India Limited, engaged in manufacturing copper products such as rods, strips, and busbars, and has diversified into telecom products, solar products, real estate, and the wind power generation sector, has announced its Q2 results as follows:
Its Revenue from operations rose by 42 percent YoY from Rs. 408 Crores in Q2FY25 to Rs. 580 Crores in Q2FY26, and it rose by 19 percent QoQ from Rs. 486 Crores in Q1FY26 to Rs. 580 Crores in Q2FY26.
Its Net Profit YoY rose by 203 percent from Rs. 3.73 Crores in Q2FY25 to Rs. 11.3 Crores in Q2FY26, and it rose by 49 percent QoQ from Rs. 7.57 Crores in Q1FY26 to Rs. 11.3 Crores in Q2FY26. The earnings per share (EPS) for the quarterly period stood at Rs. 3.52, compared to Rs. 2.37 in the previous quarter.
Company Overview & Others
Bhagyanagar India Limited (BIL), established in 1985 and based in Hyderabad, is a leading producer of copper products. With over three decades of experience, the company has consistently delivered quality, durability, and performance to India’s core industries.
It has diversified into other sectors, including telecom and solar products, real estate, and wind power generation, and is part of the Surana Group. The company emphasizes quality, fair trade practices, modern R&D, and sustainable growth, making us a trusted partner for OEMs.
Core Business
Copper Products: The company manufactures a comprehensive range of copper products, including rods, strips, pipes, busbars, and sheets. Other Products: The company has diversified into additional products such as enamelled and paper-covered copper strips, jelly-filled telephone cables, and solar products for renewable energy applications.
Written by Sridhar J
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