Valuation Update With 7 Day Price Move • 10h
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to ₹32.10, the stock trades at a trailing P/E ratio of 50.4x. Average trailing P/E is 22x in the Chemicals industry in India. Total loss to shareholders of 16% over the past three years. Duyuru • May 19
Bhagawati Oxygen Limited to Report Q4, 2026 Results on May 29, 2026 Bhagawati Oxygen Limited announced that they will report Q4, 2026 results on May 29, 2026 Buy Or Sell Opportunity • Mar 11
Now 24% overvalued after recent price rise Over the last 90 days, the stock has risen 4.4% to ₹42.00. The fair value is estimated to be ₹33.78, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 5.4% over the last 3 years. Meanwhile, the company has become profitable. Reported Earnings • Feb 07
Third quarter 2026 earnings released: ₹0.33 loss per share (vs ₹0.89 loss in 3Q 2025) Third quarter 2026 results: ₹0.33 loss per share (improved from ₹0.89 loss in 3Q 2025). Revenue: ₹3.41m (up 31% from 3Q 2025). Net loss: ₹762.0k (loss narrowed 63% from 3Q 2025). Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Duyuru • Jan 29
Bhagawati Oxygen Limited to Report Q3, 2026 Results on Feb 06, 2026 Bhagawati Oxygen Limited announced that they will report Q3, 2026 results on Feb 06, 2026 New Risk • Dec 19
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 6.9% 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 Revenue is less than US$1m (₹7.0m revenue, or US$79k). Market cap is less than US$10m (₹102.9m market cap, or US$1.15m). Minor Risks Share price has been volatile over the past 3 months (6.9% average weekly change). Large one-off items impacting financial results. Reported Earnings • Nov 16
Second quarter 2026 earnings released: EPS: ₹0.49 (vs ₹0.84 loss in 2Q 2025) Second quarter 2026 results: EPS: ₹0.49 (up from ₹0.84 loss in 2Q 2025). Revenue: ₹5.94m (up 95% from 2Q 2025). Net income: ₹1.13m (up ₹3.06m from 2Q 2025). Profit margin: 19% (up from net loss in 2Q 2025). Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Duyuru • Nov 07
Bhagawati Oxygen Limited to Report Q2, 2026 Results on Nov 14, 2025 Bhagawati Oxygen Limited announced that they will report Q2, 2026 results on Nov 14, 2025 Duyuru • Sep 01
Bhagawati Oxygen Limited, Annual General Meeting, Sep 26, 2025 Bhagawati Oxygen Limited, Annual General Meeting, Sep 26, 2025, at 15:00 Indian Standard Time. Location: plot no. 5, sector - 25, ballabhgarh, haryana- 121004, haryana India New Risk • Aug 31
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 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 Revenue is less than US$1m (₹11m revenue, or US$122k). Market cap is less than US$10m (₹93.7m market cap, or US$1.06m). Minor Risks Latest financial reports are more than 6 months old (reported December 2024 fiscal period end). Share price has been volatile over the past 3 months (6.8% average weekly change). Duyuru • Aug 02
Bhagawati Oxygen Limited to Report Q1, 2026 Results on Aug 12, 2025 Bhagawati Oxygen Limited announced that they will report Q1, 2026 results on Aug 12, 2025 New Risk • Jul 08
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 8.6% 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 Share price has been highly volatile over the past 3 months (8.6% average weekly change). Revenue is less than US$1m (₹11m revenue, or US$125k). Market cap is less than US$10m (₹106.9m market cap, or US$1.25m). New Risk • May 29
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 8.3% 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 Revenue is less than US$1m (₹11m revenue, or US$125k). Market cap is less than US$10m (₹140.2m market cap, or US$1.64m). Minor Risk Share price has been volatile over the past 3 months (8.3% average weekly change). Duyuru • May 22
Bhagawati Oxygen Limited to Report Q4, 2025 Results on May 30, 2025 Bhagawati Oxygen Limited announced that they will report Q4, 2025 results on May 30, 2025 Reported Earnings • Feb 14
Third quarter 2025 earnings released: ₹0.89 loss per share (vs ₹2.25 loss in 3Q 2024) Third quarter 2025 results: ₹0.89 loss per share (improved from ₹2.25 loss in 3Q 2024). Net loss: ₹2.06m (loss narrowed 61% from 3Q 2024). Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Duyuru • Feb 04
Bhagawati Oxygen Limited to Report Q3, 2025 Results on Feb 12, 2025 Bhagawati Oxygen Limited announced that they will report Q3, 2025 results on Feb 12, 2025 New Risk • Jan 07
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 7.6% 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 Revenue is less than US$1m (₹8.4m revenue, or US$98k). Market cap is less than US$10m (₹147.9m market cap, or US$1.73m). Minor Risk Share price has been volatile over the past 3 months (7.6% average weekly change). Duyuru • Nov 06
Bhagawati Oxygen Limited to Report Q2, 2025 Results on Nov 14, 2024 Bhagawati Oxygen Limited announced that they will report Q2, 2025 results on Nov 14, 2024 Board Change • Sep 07
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. 3 non-independent directors. Independent Non-Executive Director Sanjay Rai was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Duyuru • Sep 03
Bhagawati Oxygen Limited, Annual General Meeting, Sep 26, 2024 Bhagawati Oxygen Limited, Annual General Meeting, Sep 26, 2024, at 15:00 Indian Standard Time. Location: plot no. 5, sector - 25, ballabhgarh, haryana- 121004, haryana India Valuation Update With 7 Day Price Move • Aug 30
Investor sentiment improves as stock rises 34% After last week's 34% share price gain to ₹70.97, the stock trades at a trailing P/E ratio of 13.6x. Average trailing P/E is 35x in the Chemicals industry in India. Total returns to shareholders of 90% over the past three years. New Risk • Aug 28
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 8.3% 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 Revenue is less than US$1m (₹6.5m revenue, or US$77k). Market cap is less than US$10m (₹148.4m market cap, or US$1.77m). Minor Risk Share price has been volatile over the past 3 months (8.3% average weekly change). Valuation Update With 7 Day Price Move • Aug 16
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹52.52, the stock trades at a trailing P/E ratio of 10x. Average trailing P/E is 34x in the Chemicals industry in India. Total returns to shareholders of 53% over the past three years. Reported Earnings • Aug 11
First quarter 2025 earnings released: ₹0.84 loss per share (vs ₹4.30 loss in 1Q 2024) First quarter 2025 results: ₹0.84 loss per share (improved from ₹4.30 loss in 1Q 2024). Net loss: ₹1.95m (loss narrowed 80% from 1Q 2024). Over the last 3 years on average, earnings per share has increased by 70% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Duyuru • Jul 31
Bhagawati Oxygen Limited to Report Q1, 2025 Results on Aug 08, 2024 Bhagawati Oxygen Limited announced that they will report Q1, 2025 results on Aug 08, 2024 New Risk • Jun 04
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 64% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks High level of non-cash earnings (64% accrual ratio). Revenue is less than US$1m (₹71m revenue, or US$851k). Market cap is less than US$10m (₹99.4m market cap, or US$1.19m). Minor Risk Share price has been volatile over the past 3 months (7.9% average weekly change). Reported Earnings • Jun 04
Full year 2024 earnings released: EPS: ₹1.78 (vs ₹10.47 loss in FY 2023) Full year 2024 results: EPS: ₹1.78 (up from ₹10.47 loss in FY 2023). Revenue: ₹71.1m (up ₹63.7m from FY 2023). Net income: ₹4.11m (up ₹28.3m from FY 2023). Profit margin: 5.8% (up from net loss in FY 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Duyuru • May 19
Bhagawati Oxygen Limited to Report Q4, 2024 Results on May 30, 2024 Bhagawati Oxygen Limited announced that they will report Q4, 2024 results on May 30, 2024 Valuation Update With 7 Day Price Move • May 03
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₹51.54, the stock trades at a trailing P/E ratio of 8.2x. Average trailing P/E is 31x in the Chemicals industry in India. Total returns to shareholders of 94% over the past three years. Reported Earnings • Feb 14
Third quarter 2024 earnings released: ₹2.25 loss per share (vs ₹3.37 loss in 3Q 2023) Third quarter 2024 results: ₹2.25 loss per share (improved from ₹3.37 loss in 3Q 2023). Revenue: ₹700.0k (down 48% from 3Q 2023). Net loss: ₹5.21m (loss narrowed 33% from 3Q 2023). Over the last 3 years on average, earnings per share has increased by 44% per year whereas the company’s share price has increased by 46% per year. Valuation Update With 7 Day Price Move • Dec 20
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹44.10, the stock trades at a trailing P/E ratio of 8.5x. Average trailing P/E is 29x in the Chemicals industry in India. Total returns to shareholders of 139% over the past three years. Reported Earnings • Nov 11
Second quarter 2024 earnings released: EPS: ₹15.70 (vs ₹1.27 loss in 2Q 2023) Second quarter 2024 results: EPS: ₹15.70 (up from ₹1.27 loss in 2Q 2023). Revenue: ₹66.6m (up ₹63.7m from 2Q 2023). Net income: ₹36.3m (up ₹39.2m from 2Q 2023). Profit margin: 55% (up from net loss in 2Q 2023). Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has increased by 44% per year, which means it is tracking significantly ahead of earnings growth. Duyuru • Sep 05
Bhagawati Oxygen Limited, Annual General Meeting, Sep 27, 2023 Bhagawati Oxygen Limited, Annual General Meeting, Sep 27, 2023, at 13:00 Indian Standard Time. Location: Plot No. 5, Sector- 25, Ballabhgarh Haryana India Agenda: To consider and adopt the Audited Financial Statements of the Company for the financial year ended March 31, 2023, together with the Report of the Directors and Auditors thereon; to appoint a Director in place of Mr. Suresh Kumar Sharma who retires by rotation at this Annual General Meeting and being eligible offers himself for re-appointment; to consider reappointment of Mr. Suresh Kumar Sharmaas the whole-time director; to consider reappointment of Mr. Himanshu Sharmaas the managing director; and to consider appointment of Mr. Sanjay Kumar Raias an independent director. Duyuru • Aug 04
Bhagawati Oxygen Limited to Report Q1, 2024 Results on Aug 11, 2023 Bhagawati Oxygen Limited announced that they will report Q1, 2024 results After-Market on Aug 11, 2023 Reported Earnings • Jun 01
Full year 2023 earnings released: ₹10.47 loss per share (vs ₹12.19 loss in FY 2022) Full year 2023 results: ₹10.47 loss per share (improved from ₹12.19 loss in FY 2022). Net loss: ₹24.2m (loss narrowed 14% from FY 2022). Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has increased by 62% per year, which means it is well ahead of earnings. Duyuru • May 23
Bhagawati Oxygen Limited to Report Fiscal Year 2023 Results on May 30, 2023 Bhagawati Oxygen Limited announced that they will report fiscal year 2023 results on May 30, 2023 Reported Earnings • Feb 16
Third quarter 2023 earnings released: ₹3.37 loss per share (vs ₹3.54 loss in 3Q 2022) Third quarter 2023 results: ₹3.37 loss per share (improved from ₹3.54 loss in 3Q 2022). Net loss: ₹7.81m (loss narrowed 4.7% from 3Q 2022). Over the last 3 years on average, earnings per share has fallen by 46% per year but the company’s share price has increased by 82% per year, which means it is well ahead of earnings. Duyuru • Feb 04
Bhagawati Oxygen Limited to Report Q3, 2023 Results on Feb 14, 2023 Bhagawati Oxygen Limited announced that they will report Q3, 2023 results on Feb 14, 2023 Board Change • Nov 16
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 4 highly experienced directors. 2 independent directors (3 non-independent directors). Independent Director Bipin Lal was the last independent director to join the board, commencing their role in 2003. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Duyuru • Nov 05
Bhagawati Oxygen Limited to Report Q2, 2023 Results on Nov 12, 2022 Bhagawati Oxygen Limited announced that they will report Q2, 2023 results on Nov 12, 2022 Duyuru • Aug 26
Bhagawati Oxygen Limited, Annual General Meeting, Sep 20, 2022 Bhagawati Oxygen Limited, Annual General Meeting, Sep 20, 2022, at 13:00 Indian Standard Time. Location: No. 5, Sector - 25, Ballabhgarh, Haryana- 121004 Ballabhgarh Haryana India Agenda: To consider and adopt the Audited Financial Statements of the Company for the financial year ended March 31, 2022, together with the Report of the Directors and Auditors thereon; to consider appoint Director in place of Mrs Jaya Sharma who retires by rotation at this Annual General Meeting and being eligible offers herself for re-appointment; and to consider other matters. Reported Earnings • Aug 14
First quarter 2023 earnings released: ₹2.99 loss per share (vs ₹2.71 loss in 1Q 2022) First quarter 2023 results: ₹2.99 loss per share (down from ₹2.71 loss in 1Q 2022). Net loss: ₹6.91m (loss widened 10% from 1Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 122 percentage points per year, which is a significant difference in performance. Duyuru • May 21
Bhagawati Oxygen Limited to Report Q4, 2022 Results on May 27, 2022 Bhagawati Oxygen Limited announced that they will report Q4, 2022 results on May 27, 2022 Board Change • Apr 27
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 4 highly experienced directors. 2 independent directors (3 non-independent directors). Independent Director Bipin Lal was the last independent director to join the board, commencing their role in 2003. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Feb 13
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: ₹3.54 loss per share (up from ₹3.90 loss in 3Q 2021). Net loss: ₹8.19m (loss narrowed 9.2% from 3Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 123 percentage points per year, which is a significant difference in performance. Reported Earnings • Aug 04
Full year 2021 earnings released: ₹13.42 loss per share (vs ₹0.27 loss in FY 2020) Full year 2021 results: Net loss: ₹31.0m (loss widened ₹30.4m from FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 111 percentage points per year, which is a significant difference in performance. Reported Earnings • Feb 17
Third quarter 2021 earnings released: ₹3.90 loss per share (vs ₹3.74 profit in 3Q 2020) Third quarter 2021 results: Net loss: ₹9.02m (down 204% from profit in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 76% per year but the company’s share price has only fallen by 28% per year, which means it has not declined as severely as earnings. Duyuru • Feb 04
Bhagawati Oxygen Limited to Report Q3, 2021 Results on Feb 12, 2021 Bhagawati Oxygen Limited announced that they will report Q3, 2021 results on Feb 12, 2021 Is New 90 Day High Low • Jan 29
New 90-day low: ₹12.45 The company is down 21% from its price of ₹15.80 on 30 October 2020. The Indian market is up 19% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 14% over the same period. Is New 90 Day High Low • Dec 08
New 90-day high: ₹19.05 The company is up 2.0% from its price of ₹18.75 on 09 September 2020. The Indian market is up 18% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 18% over the same period. Duyuru • Dec 04
Bhagawati Oxygen Limited, Annual General Meeting, Dec 30, 2020 Bhagawati Oxygen Limited, Annual General Meeting, Dec 30, 2020, at 15:00 Indian Standard Time. Location: at the Registered Office of the Company at Plot No. 5, Sector - 25, Ballabgarh Haryana India Agenda: To consider and adopt the Audited Financial Statements of the Company for the financial year ended March 31, 2020, together with the Report of the Directors and Auditors thereon; and to re-appoint a Director in place of Ms Jaya Sharma (DIN 07135989) who retire by rotation at this Annual General Meeting and being eligible offers herself for re-appointment. Is New 90 Day High Low • Nov 10
New 90-day low: ₹12.55 The company is down 8.0% from its price of ₹13.70 on 12 August 2020. The Indian market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 12% over the same period. Duyuru • Nov 04
Bhagawati Oxygen Limited to Report Q2, 2021 Results on Nov 12, 2020 Bhagawati Oxygen Limited announced that they will report Q2, 2021 results on Nov 12, 2020 Reported Earnings • Sep 18
First quarter earnings released Over the last 12 months the company has reported total losses of ₹5.25m, with losses widening by 195% from the prior year. Total revenue was ₹16.7m over the last 12 months, down 79% from the prior year. Duyuru • Sep 10
Bhagawati Oxygen Limited to Report Q1, 2021 Results on Sep 15, 2020 Bhagawati Oxygen Limited announced that they will report Q1, 2021 results on Sep 15, 2020 
