BHAGWATI AUTOCAST LTD. (BGWTATO) fair value: what the stock is really worth
As of Oct 6, 2026: fair value of BHAGWATI AUTOCAST LTD. ₹724, price ₹705, upside +2.7%, quality 76 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Oct 3, 2026.
How to read this chart
60‑month range ₹113.86 – ₹769.45 · fair‑value band ₹489.98 – ₹959.70 · the ₹704.90 price screens below the ₹723.67 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). 1 fiscal year is left out: there the valuation rested on only a fraction of the usual models. Dashed = 300-day average. As of Oct 3, 2026.
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Bhagwati Autocast Limited engages in the production and sale of grey iron and ductile iron castings in India. It provides cylinder blocks, crank cases, hydraulic lift housings, gear box and clutch housings/differential housings, and front axle support for tractors, as well as gear and power industry housings.
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Bhagwati Autocast Limited engages in the production and sale of grey iron and ductile iron castings in India. It provides cylinder blocks, crank cases, hydraulic lift housings, gear box and clutch housings/differential housings, and front axle support for tractors, as well as gear and power industry housings. The company serves automotive, air and gas compression, refrigeration, commercial vehicle manufacturing, hydraulic systems, plastic injection molding machinery, agricultural equipment, wind energy generation, and general engineering industries. Bhagwati Autocast Limited was incorporated in 1981 and is based in Ahmedabad, India.
Stock analysis
BHAGWATI AUTOCAST LTD. (BGWTATO) currently trades at ₹704.90, while our model-based Fair Value estimate is ₹723.67, so the stock looks roughly fairly valued today (gap 2.6%).
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Valuation
Bull case: the DCF Models group reads highest at a median of ₹883.12 per share, and 17 of the 24 models we run sit above the ₹704.90 price.
Bear case: the Asset-Based group reads lowest at ₹136.94, and 7 of the 24 models stay below the price. Evidence for this calculation is high.
Scenario range: ₹489.98 (bear) to ₹959.70 (bull), the price of ₹704.90 sits inside it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 76/100 (high quality), in the Basic Materials sector.
Healthy Growth: Revenue growth appears healthy and is supported by profitability and cash-flow quality.
BHAGWATI AUTOCAST LTD. reported revenue of ₹1.7B in FY2026 versus ₹1.1B in FY2022, a compound +11.2%/yr. Reported net income was ₹130M in FY2026.
Key figures
Market cap ₹2.0B (≈ $21.1M) · P/E ratio 14.0 · P/S ratio 1.06 · EPS (TTM) ₹50.32 · Dividend yield 0.5% · Net margin 7.6% · Return on equity 24.7% · Return on assets (EBIT) 13.1%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 50 out of 100 (low confidence).
What moves the price
The share trades about 8% below its 52-week high and 54% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Basic Materials peers we cover trades at −45% fair-value upside, at 3%, BGWTATO screens cheaper than that median.
Fair Value models
Bear ₹489.98Fair Value ₹723.67Bull ₹959.70
Price ₹704.90 · Upside +2.7%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above is their evidence-weighted blend, not the output of a single model. Based on fiscal year 2026 figures (about 6 months old). Earnings retained since then (₹24.37 per share) are deliberately not added.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. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Evidence ⓘEvidence = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.80/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Revenue growth 1 year
+22.4%
Revenue growth 3 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
+4.3%
Revenue growth 5 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
+10.4%
Start year 2021 (pandemic)
Revenue growth 7 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
+5.2%
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What shareholders gained per year (last 5 years), in INR (mathematically smoothed) ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate. Smoothed = median of all growth paths between the years of the window (trend line on the logarithm of earnings per share): a single extreme year cannot distort the rate. The reported figure stays in the tooltip. Measured in INR: this currency has depreciated against the euro and dollar over the long run, so part of the nominal rate is currency erosion that never reaches a EUR/USD investor.
+37.8%
Earnings growth per share plus dividend.
Earnings per share, growth per year+37.3%
Dividend (yield on the price)0.5%
Profit margin 2021 to 2026 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.3% → 12%
2026 sits 88% above its own trend. The rate follows the median trend of the last 5 years, not that single year.
Growth Forecast
Price in line with expectations
The price assumes about as much growth as the company has delivered so far.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
+8.1%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect
n/a
No analyst forecast available.
After inflation (India: IMF forecast 4.1% a year to 2030, 4.7% from 2016 to 2025) that is about +3.8% a year for the price.
Price, fair value, quality and upside side by side.
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Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Steel · 408 stocks
Beats the industry median on 9/14 measures
Overall it ranks above its industry peers.
Valuation
Quality Score76 · Top 25%
Fair Value upside+2.7% · Above median
Profitability
Return on equity (TTM)24.7% · Top 25%
Return on assets14.1% · Top 25%
Net margin (TTM)7.6% · Top 25%
Operating margin (TTM)10.2% · Top 25%
Growth and dividend
Revenue growth16.5% · Above median
Dividend yield (TTM)0.5% · Bottom 25%
Balance sheet
Debt / equity0.05× · Below median
Valuation Multiplesvs Steel median · lower = cheaper
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Is BHAGWATI AUTOCAST LTD. (BGWTATO) overvalued or undervalued?
As of Oct 3, 2026, our model estimates a fair value of ₹723.67 versus a price of ₹704.90, about +3% upside (fairly valued).
What is the fair value of BGWTATO?
Our model-based fair value for BHAGWATI AUTOCAST LTD. is ₹723.67 (as of Oct 3, 2026), built from audited fundamentals. The current price: ₹704.90.
What is the quality score of BGWTATO?
BHAGWATI AUTOCAST LTD. has a Quality Score of 76/100. 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 price target for BHAGWATI AUTOCAST LTD. (BGWTATO)?
Our model-based price target is the fair value of ₹723.67 (as of Oct 3, 2026) from 24 valuation models. Cautious scenario ₹489.98, optimistic scenario ₹959.70. It is a calculation from audited fundamentals, not an analyst target.
What is the BHAGWATI AUTOCAST LTD. stock forecast for 2026?
Our models put fair value at ₹723.67, about +3% upside versus a price of ₹704.90 (fairly valued). Cautious scenario ₹489.98, optimistic scenario ₹959.70. The calculation is refreshed regularly with new filings.
What is the revenue of BHAGWATI AUTOCAST LTD. (BGWTATO)?
BHAGWATI AUTOCAST LTD. reported trailing-twelve-month revenue of about ₹1.7B (latest available figure, as of Oct 3, 2026).
Does BHAGWATI AUTOCAST LTD. pay a dividend?
BHAGWATI AUTOCAST LTD. currently shows a dividend yield of about 0.50% relative to its recent price (as of Oct 3, 2026).
What growth is priced into BHAGWATI AUTOCAST LTD. (BGWTATO)?
For today's price to be fair in a discounted-cash-flow model, BHAGWATI AUTOCAST LTD. would have to grow free cash flow by +8.1 % per year for five years (discount rate 10.9 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +10.4 % per year. As of Oct 3, 2026.
What discount rate (WACC) does the fair value of BGWTATO use?
Our models discount BHAGWATI AUTOCAST LTD. at 10.9 %: a base by market capitalisation (nano), damped by beta 0.51, country premium for India. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For BHAGWATI AUTOCAST LTD. that is +8.1 % per year a year over ten years, using the same discount rate (10.9 %) and the same formula as our fair value.
How much growth has BHAGWATI AUTOCAST LTD. (BGWTATO) delivered so far?
Over the past 5 years revenue at BHAGWATI AUTOCAST LTD. grew +10.4 % a year. The price currently implies +8.1 % per year free-cash-flow growth a year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of BHAGWATI AUTOCAST LTD. (BGWTATO) growing?
The median revenue growth in the sector is +13.8 % a year. That is the yardstick for the growth priced into BHAGWATI AUTOCAST LTD. (+8.1 % per year a year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of BHAGWATI AUTOCAST LTD. (BGWTATO)?
The free-cash-flow yield on the price is 6.26 %: that much free cash flow BHAGWATI AUTOCAST LTD. produces per unit of market value. When it exceeds the discount rate of our models (10.9 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of BHAGWATI AUTOCAST LTD. (BGWTATO)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For BHAGWATI AUTOCAST LTD. it is ₹723.67 per share (as of Oct 3, 2026), against a price of ₹704.90. It is the blended result of 24 valuation models (cash flow, earnings, asset, dividend).
Is BHAGWATI AUTOCAST LTD. stock overvalued or undervalued in 2026?
As of Oct 3, 2026, BGWTATO trades below its calculated fair value: price ₹704.90, fair value ₹723.67, a gap of about +3% (fairly valued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of BGWTATO?
No. The price is what the market pays today (₹704.90); the fair value is what the company's own numbers justify (₹723.67). For BHAGWATI AUTOCAST LTD. the two are ₹18.77 per share apart. That gap is exactly why we show both numbers side by side.
How much is BHAGWATI AUTOCAST LTD. worth?
The market values BHAGWATI AUTOCAST LTD. at about ₹2.0B (market capitalisation, as of Oct 3, 2026). Per share that is ₹704.90; our models calculate a fair value of ₹723.67 per share.
What do the bullish and bearish scenarios say about BGWTATO?
Our models span a range for BHAGWATI AUTOCAST LTD.: cautious scenario ₹489.98, base ₹723.67, optimistic ₹959.70 per share (as of Oct 3, 2026, price ₹704.90). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of BGWTATO?
BHAGWATI AUTOCAST LTD. trades at a price-to-earnings ratio of 14.0 (as of Oct 3, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of ₹723.67 is built from several models across several years. Other multiples: P/B 3.5, P/S 1.2, EV/EBITDA 8.5.
How solid is the balance sheet of BHAGWATI AUTOCAST LTD. (BGWTATO)?
Balance-sheet figures for BHAGWATI AUTOCAST LTD. (as of Oct 3, 2026): return on equity 24.7%, debt of 0.05 per unit of equity. They feed the Quality Score of 76/100, which measures business quality independently of the share price.
How far is BGWTATO from its 52-week high?
BHAGWATI AUTOCAST LTD. trades at ₹704.90, about 8% below its 52-week high of ₹769.45 and 54% above the low of ₹458.55 (as of Oct 6, 2026). Distance from the high says nothing about value: that is what the fair value of ₹723.67 is for.
Which stocks are comparable to BHAGWATI AUTOCAST LTD.?
From the same area (Basic Materials) we also value Nucor Corporation, ArcelorMittal S.A, Steel Dynamics, Inc, JSW Steel Limited, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is BHAGWATI AUTOCAST LTD. stock attractive at the current price?
The data as of Oct 3, 2026: price ₹704.90, calculated fair value ₹723.67 (+3%), Quality Score 76/100, from 24 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of BGWTATO calculated?
We run BHAGWATI AUTOCAST LTD. through 24 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of ₹723.67, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 15.4 % above its aggregate fair value. BHAGWATI AUTOCAST LTD. currently trades 3 % below its own fair value, and the market average says nothing about that. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of BHAGWATI AUTOCAST LTD. (BGWTATO)?
The closing price on Oct 6, 2026 was ₹704.90. Our model-based fair value is ₹723.67, about +3% upside (fairly valued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with BHAGWATI AUTOCAST LTD. right now?
The price sits close to our fair value, market and models broadly agree here, little valuation tension. A fairly wide model range (₹489.98 to ₹959.70) leaves room in how you read the outcome.
Key figures of BHAGWATI AUTOCAST LTD.
How large is the market capitalisation of BHAGWATI AUTOCAST LTD. (BGWTATO)?
The market capitalisation of BHAGWATI AUTOCAST LTD. is ₹2.0B (≈ $21.1M). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of BHAGWATI AUTOCAST LTD. (BGWTATO)?
The price-to-sales ratio of BHAGWATI AUTOCAST LTD. is 1.06 (P/E × margin). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of BHAGWATI AUTOCAST LTD. (BGWTATO)?
Earnings per share at BHAGWATI AUTOCAST LTD. are ₹50.32 (price ÷ EPS = P/E 14.0). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of BHAGWATI AUTOCAST LTD. (BGWTATO)?
The dividend yield of BHAGWATI AUTOCAST LTD. is 0.5% (payout 7.0%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of BHAGWATI AUTOCAST LTD. (BGWTATO)?
The net margin of BHAGWATI AUTOCAST LTD. is 7.6% (fiscal year 2026). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of BHAGWATI AUTOCAST LTD. (BGWTATO)?
The return on equity (ROE) of BHAGWATI AUTOCAST LTD. is 24.7% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of BHAGWATI AUTOCAST LTD. (BGWTATO)?
On an EBIT basis the return on assets of BHAGWATI AUTOCAST LTD. is 13.1% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of BHAGWATI AUTOCAST LTD. (BGWTATO)?
The operating margin of BHAGWATI AUTOCAST LTD. is 10.2% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at BHAGWATI AUTOCAST LTD. (BGWTATO)?
Revenue at BHAGWATI AUTOCAST LTD. is growing +16.5% versus a year earlier (3y avg +4.3%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at BHAGWATI AUTOCAST LTD. (BGWTATO)?
Earnings per share at BHAGWATI AUTOCAST LTD. are growing +14.1% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does BHAGWATI AUTOCAST LTD. (BGWTATO) carry?
The net debt of BHAGWATI AUTOCAST LTD. is ₹111M (fiscal year 2025, ≈ 0.9 yrs of FCF). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
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