Valuation Update With 7 Day Price Move • Jun 19
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹715, the stock trades at a trailing P/E ratio of 27.4x. Average trailing P/E is 22x in the Metals and Mining industry in India. Total returns to shareholders of 500% over the past three years. Reported Earnings • May 05
Full year 2026 earnings released: EPS: ₹26.08 (vs ₹17.37 in FY 2025) Full year 2026 results: EPS: ₹26.08 (up from ₹17.37 in FY 2025). Revenue: ₹7.25b (up 38% from FY 2025). Net income: ₹270.6m (up 50% from FY 2025). Profit margin: 3.7% (up from 3.4% in FY 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has increased by 80% per year, which means it is tracking significantly ahead of earnings growth. Aankondiging • Apr 24
Baheti Recycling Industries Limited to Report Second Half, 2026 Results on Apr 29, 2026 Baheti Recycling Industries Limited announced that they will report second half, 2026 results on Apr 29, 2026 Aankondiging • Nov 13
Baheti Recycling Industries Limited to Report First Half, 2026 Results on Nov 14, 2025 Baheti Recycling Industries Limited announced that they will report first half, 2026 results on Nov 14, 2025 Aankondiging • Sep 01
Baheti Recycling Industries Limited, Annual General Meeting, Sep 29, 2025 Baheti Recycling Industries Limited, Annual General Meeting, Sep 29, 2025, at 16:00 Indian Standard Time. Valuation Update With 7 Day Price Move • Jul 14
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to ₹501, the stock trades at a trailing P/E ratio of 28.8x. Average trailing P/E is 23x in the Metals and Mining industry in India. Total returns to shareholders of 71% over the past year. New Risk • May 17
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.2x net interest cover). High level of non-cash earnings (29% accrual ratio). Minor Risks Latest financial reports are more than 6 months old (reported September 2024 fiscal period end). Share price has been volatile over the past 3 months (8.8% average weekly change). Profit margins are more than 30% lower than last year (2.3% net profit margin). Market cap is less than US$100m (₹6.05b market cap, or US$70.7m). New Risk • May 12
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.2x net interest cover). High level of non-cash earnings (29% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (8.5% average weekly change). Profit margins are more than 30% lower than last year (2.3% net profit margin). Market cap is less than US$100m (₹6.07b market cap, or US$71.7m). Valuation Update With 7 Day Price Move • Mar 19
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹490, the stock trades at a trailing P/E ratio of 45.1x. Average trailing P/E is 20x in the Metals and Mining industry in India. Total returns to shareholders of 172% over the past year. Board Change • Feb 03
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 4 non-independent directors. Independent Director Jaimish Patel was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Nov 19
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 4 non-independent directors. Independent Director Jaimish Patel was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Recent Insider Transactions • Nov 07
Chairman recently bought ₹26m worth of stock On the 5th of November, Shankerlal Shah bought around 55k shares on-market at roughly ₹466 per share. This transaction amounted to 1.3% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Shankerlal has been a buyer over the last 12 months, purchasing a net total of ₹44m worth in shares. New Risk • Oct 31
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 2.3% Last year net profit margin: 4.8% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.3x net interest cover). High level of non-cash earnings (29% accrual ratio). Minor Risks Profit margins are more than 30% lower than last year (2.3% net profit margin). Market cap is less than US$100m (₹4.46b market cap, or US$53.0m). Reported Earnings • Oct 31
Second quarter 2025 earnings released: EPS: ₹6.77 (vs ₹1.43 in 2Q 2024) Second quarter 2025 results: EPS: ₹6.77 (up from ₹1.43 in 2Q 2024). Revenue: ₹2.57b (up 149% from 2Q 2024). Net income: ₹70.2m (up 376% from 2Q 2024). Profit margin: 2.7% (up from 1.4% in 2Q 2024). The increase in margin was driven by higher revenue. Valuation Update With 7 Day Price Move • Oct 30
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹430, the stock trades at a trailing P/E ratio of 61.9x. Average trailing P/E is 25x in the Metals and Mining industry in India. Total returns to shareholders of 105% over the past year. Aankondiging • Oct 03
Baheti Recycling Industries Limited Approves Final Dividend for the Financial Year Ended March 31, 2024 Baheti Recycling Industries Limited at its 30th Annual General Meeting held on 30 September, 2024, approved to declare Final Dividend of INR 0.50 (Rupee Fifty Paisa only) per equity share of INR 10 each (Rupee Ten only) for the financial year ended March 31, 2024 and, in this regard. Aankondiging • Sep 16
Baheti Recycling Industries Limited, Annual General Meeting, Sep 30, 2024 Baheti Recycling Industries Limited, Annual General Meeting, Sep 30, 2024, at 16:00 Indian Standard Time. Valuation Update With 7 Day Price Move • Aug 22
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to ₹365, the stock trades at a trailing P/E ratio of 52.6x. Average trailing P/E is 26x in the Metals and Mining industry in India. Total returns to shareholders of 135% over the past year. Valuation Update With 7 Day Price Move • Jun 27
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to ₹260, the stock trades at a trailing P/E ratio of 37.4x. Average trailing P/E is 25x in the Metals and Mining industry in India. Total returns to shareholders of 120% over the past year. Recent Insider Transactions • Jun 08
Chairman & Whole Time Director recently bought ₹18m worth of stock On the 3rd of June, Shankerlal Shah bought around 60k shares on-market at roughly ₹304 per share. This transaction amounted to 1.4% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Shankerlal's only on-market trade for the last 12 months. Reported Earnings • Jun 04
Full year 2024 earnings released: EPS: ₹6.94 (vs ₹6.81 in FY 2023) Full year 2024 results: EPS: ₹6.94 (up from ₹6.81 in FY 2023). Revenue: ₹4.29b (up 19% from FY 2023). Net income: ₹72.0m (up 36% from FY 2023). Profit margin: 1.7% (up from 1.5% in FY 2023). The increase in margin was driven by higher revenue. New Risk • May 28
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Share price has been highly volatile over the past 3 months (12% average weekly change). Minor Risks Latest financial reports are more than 6 months old (reported September 2023 fiscal period end). Market cap is less than US$100m (₹2.92b market cap, or US$35.1m). Valuation Update With 7 Day Price Move • May 23
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₹270, the stock trades at a trailing P/E ratio of 14.3x. Average trailing P/E is 24x in the Metals and Mining industry in India. Total returns to shareholders of 150% over the past year. Valuation Update With 7 Day Price Move • May 08
Investor sentiment improves as stock rises 33% After last week's 33% share price gain to ₹247, the stock trades at a trailing P/E ratio of 13.1x. Average trailing P/E is 24x in the Metals and Mining industry in India. Total returns to shareholders of 122% over the past year. New Risk • Mar 13
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (currently running at an operating cash loss). Minor Risks Share price has been volatile over the past 3 months (8.2% average weekly change). Market cap is less than US$100m (₹1.65b market cap, or US$19.9m). Valuation Update With 7 Day Price Move • Mar 13
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to ₹159, the stock trades at a trailing P/E ratio of 8.4x. Average trailing P/E is 21x in the Metals and Mining industry in India. Total returns to shareholders of 96% over the past year. Valuation Update With 7 Day Price Move • Oct 05
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to ₹179, the stock trades at a trailing P/E ratio of 35x. Average trailing P/E is 18x in the Metals and Mining industry in India. Aankondiging • Sep 09
Baheti Recycling Industries Limited, Annual General Meeting, Sep 29, 2023 Baheti Recycling Industries Limited, Annual General Meeting, Sep 29, 2023, at 16:00 Indian Standard Time. Location: at Hotel Hyatt, Opp. Vastrapur Lake, Next to Alpha One Mall, Vastrapur Ahmedabad Gujarat India Agenda: To receive, consider and adopt the financial statements of the company for the year ended 31st March, 2023 including the Audited Balance Sheet as at 31st March, 2023, the Statement of Profit and Loss for the year ended on that date and the reports of the Directors and Auditors thereon; to consider and appoint a director in place of Mr. Shankerlal Bansilal Shah; to consider and appoint M/s. Jeevan Jagetiya & Co., Chartered Accountants, Ahmedabad as Statutory Auditors of the Company to hold office for a period of 5 (Five) consecutive financial years, from the conclusion of this Annual General Meeting of the Company until the conclusion of the Annual General Meeting of the Company held in the year 2028 and to authorise the Board of Directors of the Company to fix their remuneration; and to consider the Ratification of remuneration payable to the Cost Auditors for the financial year 2023-24. Valuation Update With 7 Day Price Move • Aug 21
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹130, the stock trades at a trailing P/E ratio of 25.5x. Average trailing P/E is 17x in the Metals and Mining industry in India. Valuation Update With 7 Day Price Move • Jun 28
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹118, the stock trades at a trailing P/E ratio of 23.2x. Average trailing P/E is 15x in the Metals and Mining industry in India. New Risk • Jun 23
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Indian stocks, typically moving 9.5% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.1x net interest cover). Share price has been highly volatile over the past 3 months (9.5% average weekly change). Minor Risk Market cap is less than US$100m (₹1.24b market cap, or US$15.1m). Reported Earnings • Jun 02
Full year 2023 earnings released: EPS: ₹7.21 (vs ₹3.84 in FY 2022) Full year 2023 results: EPS: ₹7.21 (up from ₹3.84 in FY 2022). Revenue: ₹3.61b (up 45% from FY 2022). Net income: ₹52.8m (up 81% from FY 2022). Profit margin: 1.5% (up from 1.2% in FY 2022). The increase in margin was driven by higher revenue. Valuation Update With 7 Day Price Move • Apr 05
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to ₹104, the stock trades at a trailing P/E ratio of 36.9x. Average trailing P/E is 14x in the Metals and Mining industry in India. Valuation Update With 7 Day Price Move • Dec 28
Investor sentiment deteriorated over the past week After last week's 18% share price decline to ₹101, the stock trades at a trailing P/E ratio of 35.8x. Average trailing P/E is 14x in the Metals and Mining industry in India. Board Change • Dec 09
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 4 non-independent directors. Independent Director Jaimish Patel was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. 