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Bhagwati Autocast Limited (504646) Fair Value & Analysis

Basic Materials · IN · Market cap ₹277M

BA Bhagwati Autocast Limited 504646 · BSE
Price₹708.15
Fair Value₹664.13
Upside-6.2%
Quality70/100
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Healthy Growth
Loss-making · -0.1% net margin
Low debt · generates free cash flow
0.87% dividend yield
Trails peers (4/11)
Narrow moat 14/100
Evidence: High Range ₹419.68 – ₹959.70 Share as image

Fair value as of: Aug 13, 2026

From 24 valuation models · updated 5 days ago

A solid business, currently priced close to our fair value.

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What matters now

  • The price sits close to our fair value, market and models broadly agree here, little valuation tension.
  • A fairly wide model range (₹419.68 to ₹959.70) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

₹708.15 ₹111.79 Fair Value ₹664.13 Nov 2020 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 13, 2026.

How to read this chart

60‑month range ₹111.79 – ₹708.15 · fair‑value band ₹419.68 – ₹959.70 · the ₹708.15 price screens above the ₹664.13 fair value. Dashed = 300-day average. As of Aug 13, 2026.

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Analysis

Bhagwati Autocast Limited (504646) currently trades at ₹708.15, while our model-based Fair Value estimate is ₹664.13, implying the stock looks roughly 6.2% fairly valued today. The Quality Score stands at 70/100 (solid quality), in the Basic Materials sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: high).

Over the trailing twelve months, Bhagwati Autocast Limited generated revenue of ₹873M at a net margin of -0.1%. Revenue declined 7.8% year over year. It earns a return on equity of -0.2%. Net debt stands at ₹111M. Fundamentals as of Aug 13, 2026

Our scenario range runs from ₹419.68 (bear case) to ₹959.70 (bull case); at ₹708.15, the current price sits within that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades near its 52-week high and 125% above its 52-week low. For context, the median of 10 Basic Materials peers we cover trades at -49% fair-value upside, at -6%, 504646 screens cheaper than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model Bear Bear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull Bull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. Evidence
Highest evidence
Growth DCF ₹403.01 ₹564.73 ₹766.89 80
Residual Income ₹231.53 ₹308.71 ₹957.34 76
Rev-Margin DCF ₹526.82 ₹866.50 ₹1,275 74
All 24 models by family
DCF Models
FCF DCF ₹405.50 ₹583.97 ₹819.87 38
Owner Earnings ₹400.34 ₹576.41 ₹809.13 31
5Y Revenue Exit ₹526.82 ₹871.58 ₹1,324 39
5Y EBITDA Exit ₹493.04 ₹806.02 ₹1,180 41
5Y P/E Exit ₹479.50 ₹779.75 ₹1,104 38
10Y Revenue Exit ₹452.43 ₹726.14 ₹1,114 36
10Y EBITDA Exit ₹448.29 ₹686.43 ₹1,017 37
10Y P/E Exit ₹440.79 ₹670.52 ₹965.90 35
Earnings-Based
Graham-Dodd ₹307.10 ₹1,141 ₹1,542 54
Lynch FV ₹274.09 ₹391.56 ₹509.02 50
PEG = 1.0 ₹274.09 ₹391.56 ₹509.02 46
EPV ₹462.77 ₹515.64 ₹558.56 59
Multiples
P/E Multiple ₹575.82 ₹767.76 ₹959.70 63
P/S Multiple ₹575.82 ₹767.76 ₹959.70 58
P/B Multiple ₹459.87 ₹613.17 ₹766.46 55
EV/EBIT ₹741.83 ₹981.72 ₹1,222 53
EV/EBITDA ₹624.42 ₹825.18 ₹1,026 54
EV/Revenue ₹645.87 ₹913.18 ₹1,180 43
Asset-Based
NCAV (Graham) ₹102.19 ₹136.94 ₹204.39 50
Growth DCF
Growth DCF ₹403.01 ₹564.73 ₹766.89 80
Rev-Margin DCF ₹526.82 ₹866.50 ₹1,275 74
Economic Profit
Residual Income ₹231.53 ₹308.71 ₹957.34 76
ROIC Compounder ₹492.25 ₹583.83 ₹681.29 72
Growth Earnings
Growth-Adj P/E ₹449.59 ₹642.28 ₹834.96 68

Widest divergence: Multiples (₹767.76) versus Asset-Based (₹136.94). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) ₹873M
Revenue growth (YoY) -7.8%
Net margin -0.1%
Return on equity -0.2%
Free cash flow ₹127M FY2026
P/E ratio 47.5 as of Jul 4, 2026
More key figures
Operating margin 0.6%
EPS (TTM) ₹2.20
Dividend yield 0.9%
EPS growth (YoY) -57.3%
Net debt ₹111M FY2025

Figures from reported company fundamentals · as of Aug 13, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 70/100

Of which business quality 74 · Market factors (momentum, volatility) 80

Profitability 80
Margins and returns on capital today
Quality Growth 98
Are margins and returns improving?
Cashflow 51
Earnings quality: real cash, not paper profit
Fin. Strength 85
Balance sheet, leverage, solvency risk
Investment 50
Disciplined investing over empire-building
Low Volatility 53
Calm price path (market factor)
Momentum 86
Price trend over the last 3–12 months (market factor)
52W Momentum 100
Distance to the 52-week high (market factor)
Net Issuance 82
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

Bhagwati Autocast Limited produces and sells grey iron and ductile iron castings for automobile, compressor, and hydraulic industries in India. The company also offers cylinder blocks, crank cases, hydraulic lift housings, gear box and clutch housings/differential housings, and front axle support for tractor industry.

Full company description

Bhagwati Autocast Limited produces and sells grey iron and ductile iron castings for automobile, compressor, and hydraulic industries in India. The company also offers cylinder blocks, crank cases, hydraulic lift housings, gear box and clutch housings/differential housings, and front axle support for tractor industry. In addition, it provides wind mill hubs, adapters, and other parts for wind generation industry; die mounting plates, and ram and clamp cylinders for plastic injection molding industry; and general engineering products, including gear and power industry housings. The company was incorporated in 1981 and is based in Ahmedabad, India.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

Bhagwati Autocast Limited reported revenue of ₹1.7B in FY2026 versus ₹1.1B in FY2022, a compound +11.2%/yr. Reported net income was ₹130M in FY2026.

Growth Quality 77/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2026)
₹1.7B
Latest YoY
+22.4%
Avg. growth/yr (3Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+3.5%
Avg. growth/yr (5Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+10.4%
Avg. growth/yr (12Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+6.3%
Revenue +11.2%/yr
FY22 ₹1.1B
FY23 ₹1.5B
FY24 ₹1.3B
FY25 ₹1.4B
FY26 ₹1.7B
Net income
FY22 −₹9.6M
FY23 ₹77.2M
FY24 ₹69.3M
FY25 ₹61.6M
FY26 ₹130M

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Cite: Fair Value Calculator (2026). "Bhagwati Autocast Limited Fair Value". https://www.fairvalue-calculator.com/stock/504646

Peer Group

Materials · 3561 stocks

How this stock ranks against its sector: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median. (Industry “Steel & Iron” was too small, so the broader sector is used.)

Quality Score 70 · Top 25%
Fair Value upside +3% · Above median
Return on assets 1% · Below median
Net margin (TTM) -0% · Bottom 25%
Operating margin (TTM) 1% · Below median
Revenue growth -8% · Bottom 25%
Dividend yield (TTM) 0.9% · Below median
Debt / equity 0.05× · Lower than median

Valuation Multiples vs Materials median · lower = cheaper

P/E (TTM) 47.5× · Pricier than 75% of peers
P/FCF 0.0× · Cheaper than 75% of peers

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 38 · sector 3
FUTURE 0 · sector 8
PAST 0 · sector 12
HEALTH 98 · sector 95
DIVIDEND 17 · sector 38

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Steel & Iron stocks, each showing price versus our Fair Value estimate (as of Aug 13, 2026).

Stock Price Fair Value vs Fair Value
Steel Authority of India Limited 500113 ₹174.00 ₹89.25 -49%
Surya Roshni Limited 500336 ₹222.90 ₹652.46 +193%
Mukand Limited 500460 ₹135.65 ₹80.48 -41%
Steelcast Limited 513517 ₹354.10 ₹365.70 +3%
Uni Abex Alloy Products Limited 504605 ₹4,574 ₹3,296 -28%
Panchmahal Steel Limited 513511 ₹298.55 ₹36.13 -88%
Facor Alloys Limited 532656 ₹3.21 ₹1.15 -64%
S.A.L. Steel Limited 532604 ₹71.88 ₹7.81 -89%
Rathi Bars Limited 532918 ₹19.05 ₹4.56 -76%
Rishabh Digha Steel And Allied Products Limited 531539 ₹36.16 ₹7.61 -79%

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Frequently asked questions

Is Bhagwati Autocast Limited (504646) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of ₹664.13 versus a price of ₹708.15, about −6% (fairly valued).
What is the fair value of 504646?
Our model-based fair value for Bhagwati Autocast Limited is ₹664.13 (as of Aug 13, 2026), built from audited fundamentals. The current price is ₹708.15.
What is the quality score of 504646?
Bhagwati Autocast Limited has a Quality Score of 70/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the revenue of Bhagwati Autocast Limited (504646)?
Bhagwati Autocast Limited reported trailing-twelve-month revenue of about ₹873M (latest available figure, as of Aug 13, 2026).
What is the net profit margin of 504646?
The net profit margin of Bhagwati Autocast Limited is about -0.1%, meaning it is currently running at a net loss. Based on the latest reported figures.
Does Bhagwati Autocast Limited pay a dividend?
Bhagwati Autocast Limited currently shows a dividend yield of about 0.87% relative to its recent price (as of Aug 13, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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