Bhagyanagar India Limited · NSE:BHAGYANGR
Bhagyanagar India — FY2026 Earnings Presentation
19 slides from Bhagyanagar India's earnings presentation, Apr 30, 2026
Slide 1: Exchange filing cover letter for investor meeting
BHAGYANAGAR INDIA LIMITED .2 1SO-9001-2008 Certified Company Registered Office : Plot No. 9/13/1 & P-9/14, 1.D.A. Nacharam, Hyderabad -500 076. Telangana, India. Tel. : +91 40 27152861, 27151278 Fax : +91 40 27172140, 27818868 Email : bil@surana.com Website : www.bhagyanagarindia.com CIN No. : L2720
Slide 2: FY 2025-26 Earnings Concall
BHAGYANAGAR INDIA LIMITED FY 2025-26 Earnings Concall Q4 results, FY 26 wrap-up . IL 1985 Investor Concall | May 2026 | Secunderabad
Slide 3: Opening Note & Agenda
FROM THE MD Opening Note & Agenda TODAY'S AGENDA Dear Shareholders & Investors, o1 c ompany overvi Overview Q4 closed the year on the strongest quarterly numbers in the data set. Revenue reached <730.53 Cr (+61.8% YoV, +27.2% QoQ) and PAT reached 323.04 Cr 02 Pproduct Portfolio 03 FY26 Headline Resu
Slide 4: Who We Are
ABOUT BIL Who We Are 1l “Three generations. Forty years. One mission — to make Indian copper world-class.’ Founded in 1985, Bhagyanagar India Limited is a Hyderabad-based copper manufacturer built across three generations of the Surana family. Today we run two 1SO-certified plants on a 60-acre site,
Slide 5: Our Copper Journey
OUR JOURNEY Our Copper Journey 1985 to 2026 — from a single copper line in Hyderabad to a 35,000 MTintegrated business 1982 1992 2004 2012 2020 2025 Founded VAP entry Conform Extrusion Foils & Sheets Transformers 30K MTA Copper production begins in Hyderabad Started copper strips Commuous::;re\:mn p
Slide 6: Product Portfolio
PRODUCT PORTFOLIO Product Portfolio Only manufacturer in India producing copper bus bars up to 300 mm in width Copper Bus Bars & Flats Silver-Plated Copper Bus Tinned Copper Bus Bars Copper Wires & Rods Enameled Copper Bars Wires/Strips AN Transformers, switchgear, Al data centres & high- Transforme
Slide 7: FY26 At a Glance
FY26 At a Glance REVENUE FROM OPERATIONS OPERATIONAL EBITDA PROFIT AFTER TAX EPS (BASIC) X2,377.83 Cr %106.14 Cr X50.17 Cr X15.68 FY25:%1,625.61 Cr FY25:%37.02 Cr FY25:%14.02 Cr FY25:%4.38 ROE OP EBITDA MARGIN PAT MARGIN ROCE 19.5% 4.46% 2.11% 16.30% FY25:6.8% | +1,272 bps FY25:2.28% | +218 bps FY25
Slide 8: BIL Market Snapshot
BIL Market Snapshot CURRENT PRICE MARKET CAP 52-WEEK RANGE 1-YEAR RETURN Z277.66 ¥888.37Cr 65 - X285 +285.8% 28-Apr-2026 (live, NSE) 31,995,000 shares x X277.66 Low 08-May-25, High 28-Apr-26 vs X71.97 on 28-Apr-25 (Yahoo) Quarter-End Closing Price () 300 2278 Consolidated, audited P/E (FY26) 17.71%
Slide 9: Q4 FY26 Performance Snapshot
SECTION 03 — QUARTERLY Q4 FY26 Performance Snapshot Revenue from Operations (X Cr) 200 €735 Revenue Q4FY26 T 734-53 q Cr +272%Qoq | +61.8% YoY 700 600 577 500 454 Op EBITDA Q4FY26 %36.15 Cr +26.5% QoQ | +218.2% YoY 400 300 200 100 PAT Q4FY26 %18.49 Cr +79.4% QoQ | +402.9% YoY 0+ Q4FY25 Q3FY26 Q4FY26
Slide 10: FY26 Profit & Loss — Consolidated
SECTION 04 — P&L FY26 Profit & Loss — Consolidated All figures in X Lakhs unless noted Revenue from Operations 73,453 57,732 45,390 237,783 162,561 +46.3% Other Income 54 55 166 472 565 -16.6% Total Income 73,507 57,788 45,556 238,254 163,126 +46.1% Raw Material + Inventory A 67,036 52,439 41,662 21
Slide 11: Margin Profile — A Step-Up
SECTION 05 — MARGINS Margin Profile — A Step-Up Quarterly Margin Trajectory (%) WHAT THE NUMBERS SHOW OP EBITDA up 2.9x oA oo Now FY26 OP EBITDA X106.14 Cr vs FY25 X37.02 Cr — a 186.7% increase against revenue growth of 46.3%. ° PAT up 3.6x Q4FY25 Q3FY26 Q4FY26 FY26 PAT X50.17 Cr vs FY25 X14.02 Cr —
Slide 12: Strategic Initiatives Update
SECTION 06 — STRATEGIC Strategic Initiatives Update Operational and structural moves underpinning the financial step-up Mix Shift to Value-Added Products Capacity Scale-Up to 35,000 MT Heat Recovery System Deliberate pivot toward higher-margin VAP — bus bars, Commissioning of additional capacity com
Slide 13: Balance Sheet — Consolidated
Balance Sheet — Consolidated Figures in X Lakhs Equity Share Capital Property, Plant & Equipment— Gross Block 18,713 17,706 16,688 Other Equity (Reserves) 25,116 20,099 18,684 Property, Plant & Equipment — Depreciation (10,362) (9,663) (8,964) Total Equity 25,756 20,738 19,324 Property, Plant & Equi
Slide 14: Working Capital — A Frank Read
SECTION 08 — LIQUIDITY Working Capital — A Frank Read WHAT THE NUMBERS SAY Working Capital (X Cr) Working capital up X120 Cr YoY 500 Inventory 15,733 -> 23,012 lakhs (+46.3%) and receivables 14,592 -> 20,047 lakhs (+37.4%) 450 — proportional to revenue growth (+46.3%) but absolute investment is sign
Slide 15: Product Mix & EBITDA per Kg
Product Mix & EBITDA per Kg Bhagyanagar Copper — Q1-Q4 FY26 quarterly trends; FY26 vs FY25 comparison FY26 VOLUME FY26 VAP SHARE FY26 REALIZATION FY26 EBITDA/Kg 24,654 MT 59.0% 3962/Kg 343.05 FY25:18,340 MT | +34.4% FY25:54.1% | +495bps FY25:3884/Kg | +8.8% FY25:%20.19 | +113.2% Quarterly Product Mi
Slide 16: Why the Tailwind Is Real & Sustained
Why the Tailwind Is Real & Sustained Source: FY26 investor presentation (April 2026), citing International Copper Association, CSEP, Grand View Research, BlueWeave Consulting. EVs & Automotive THE BIG PICTURE Global refined copper demand is Copper demand from EVs forecast to grow ~10% annually throu
Slide 17: Plastic Recycling Project — Closed-Loop Build-Out
Plastic Recycling Project — Closed-Loop Build-Out Source: FY26 investor presentation (April 2026); market sizing from Coherent Market INSIGHTS. INDIA MARKET (2024) INDIA MARKET (2033) CAGR 2024-2033 ~USD 4.09 Bn ~USD 6.93 Bn ~5.22% Plastic recycling — current TAM Projected by 2033 Steady, defensible
Slide 18: Summary
REFERENCE — PEER BENCHMARK Summary BHAGYANAGAR INDIA (BIL) FY26 Metric BIL (Cons.) SCALE & GROWTH Revenue from Operations %2,377.83 Cr Standard Recycling Company P/E PROFITABILITY 30X-40X Operational EBITDA %106.14 Cr Op EBITDA Margin 4.46% PAT %50.17 Cr PAT Margin 2.11% BALANCE SHEET Bhagyanagar In
Slide 19: Thank You
THANK YOU Discussion, Q&A, and approvals Bhagyanagar India Limited | CIN: L27201TG1985PLC012449