Bhagwati Autocast Limited Reports Strong Q1 FY27 Results; Net Profit Surges 53.9% YoY to ₹422.42 Lakhs

Bhagwati Autocast Limited, a premier manufacturer of high-grade grey and ductile iron castings, today announced its unaudited financial results for the first quarter ended June 30, 2026 (Q1 FY27).

The company reported a strong quarterly performance led by solid top-line expansion, operational efficiency, and enhanced earnings per share.

Executive Financial Highlights

Revenue from Operations: Quarterly revenue from operations grew 28.3% year-on-year (YoY) to ₹5,224.33 lakhs in Q1 FY27, compared to ₹4,070.72 lakhs in Q1 FY26. On a sequential basis, revenue rose 16.3% over ₹4,494.08 lakhs in Q4 FY26.

Total Income: Stood at ₹5,225.18 lakhs for the quarter, up 28.3% YoY from ₹4,071.12 lakhs in Q1 FY26 and up 16.1% quarter-on-quarter (QoQ) from ₹4,499.94 lakhs in Q4 FY26.

Profit Before Tax (PBT): Expanded 49.8% YoY to ₹598.34 lakhs in Q1 FY27 compared to ₹399.32 lakhs in Q1 FY26, and grew 37.0% QoQ over ₹436.72 lakhs in Q4 FY26.

Net Profit (PAT): Net profit for the period jumped 53.9% YoY to ₹422.42 lakhs, compared to ₹274.45 lakhs in Q1 FY26. Sequentially, net profit rose 35.4% QoQ from ₹311.89 lakhs in Q4 FY26.

Earnings Per Share (EPS): Basic and diluted EPS for the quarter reached ₹14.66 per equity share of face value ₹10 each, up from ₹9.53 in Q1 FY26 and ₹10.84 in Q4 FY26.

Comprehensive Financial Breakdown

1. Revenue & Income Summary

Revenue from Operations: ₹5,224.33 lakhs (Q1 FY27) vs. ₹4,494.08 lakhs (Q4 FY26) vs. ₹4,070.72 lakhs (Q1 FY26).

Other Income: Stood at ₹0.85 lakhs in Q1 FY27 compared to ₹5.86 lakhs in Q4 FY26 and ₹0.40 lakhs in Q1 FY26.

Total Income: Reached ₹5,225.18 lakhs in Q1 FY27 vs. ₹4,499.94 lakhs in Q4 FY26 vs. ₹4,071.12 lakhs in Q1 FY26.

2. Expense Structure Analysis

Total expenses for Q1 FY27 came in at ₹4,626.84 lakhs, compared to ₹4,063.22 lakhs in Q4 FY26 and ₹3,671.80 lakhs in Q1 FY26:

Cost of Materials Consumed: ₹2,365.15 lakhs in Q1 FY27, up from ₹1,885.56 lakhs in Q1 FY26 and ₹2,220.96 lakhs in Q4 FY26.

Consumption of Stores & Spares: Rose to ₹739.92 lakhs compared to ₹550.10 lakhs in Q1 FY26 and ₹680.21 lakhs in Q4 FY26.

Other Expenses: Stood at ₹608.66 lakhs in Q1 FY27 vs. ₹304.85 lakhs in Q1 FY26 and ₹455.70 lakhs in Q4 FY26.

Power & Fuel: Stood at ₹471.78 lakhs in Q1 FY27 compared to ₹452.98 lakhs in Q1 FY26 and ₹483.14 lakhs in Q4 FY26.

Employee Benefit Expenses: Increased to ₹461.36 lakhs from ₹383.65 lakhs in Q1 FY26 and ₹452.59 lakhs in Q4 FY26.

Changes in Inventories: Recorded a inventory change/credit of negative ₹(124.53) lakhs in Q1 FY27.

Depreciation & Amortization: Stood at ₹88.19 lakhs vs. ₹84.32 lakhs in Q1 FY26 and ₹81.41 lakhs in Q4 FY26.

Finance Costs: Reduced to ₹16.31 lakhs in Q1 FY27 from ₹29.32 lakhs in Q1 FY26 and ₹19.09 lakhs in Q4 FY26.

3. Tax Outlay & Total Comprehensive Income

Current Tax: Provision for Q1 FY27 was recorded at ₹170.60 lakhs (vs. ₹66.90 lakhs in Q1 FY26 and ₹77.27 lakhs in Q4 FY26).

Deferred Tax: Stood at ₹5.32 lakhs for the quarter.

Total Tax Expenses: Came in at ₹175.92 lakhs in Q1 FY27 vs. ₹124.87 lakhs in Q1 FY26 and ₹124.83 lakhs in Q4 FY26.

Other Comprehensive Income (OCI): Total OCI (net of tax) stood at ₹2.60 lakhs for the quarter.

Total Comprehensive Income: Reached ₹425.02 lakhs in Q1 FY27, compared to ₹274.96 lakhs in Q1 FY26 and ₹316.15 lakhs in Q4 FY26.
Capital Base

Paid-Up Equity Share Capital: Remained unchanged at ₹288.07 lakhs (comprising equity shares with a face value of ₹10/- each).

Reserves (excluding Revaluation Reserves): Stood at ₹5,599.71 lakhs as of March 31, 2026.

Shares of BHAGWATI AUTOCAST LTD. was last trading in BSE at Rs. 573.30 as compared to the previous close of Rs. 563.10. The total number of shares traded during the day was 2933 in over 101 trades.

The stock hit an intraday high of Rs. 584.60 and intraday low of 555.00. The net turnover during the day was Rs. 1658573.00.

Source : Equity Bulls

Keywords

BHAGWATIAUTOCAST INE106G01014 Q1FY27 Q1FY2027 ResultUpdate