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Baheti Recycling Industries Ltd (BAHETI)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 0 NSE: BAHETI Aluminium & Aluminium Products | Small Cap | Baheti Recycling Ind Share Price

BSE Share Price
Not Listed

Baheti Recycling Industries Ltd (BAHETI)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 0 NSE: BAHETI Aluminium & Aluminium Products | Small Cap | Baheti Recycling Ind Share Price

BSE Share Price
Not Listed
Key Metrics
Valuation Multiples
Market Cap
₹764 Cr.
Current Price
₹0
52-Week Low / High
₹0 / 0
TTM EPS
₹25.9
TTM Sales
₹725 Cr.
Book Value per Share
₹86.9
P/E Ratio
28.22
Lower than its 5-year historical median
Industry PE
11.1
Price to Book (P/B)
8.41
Higher than its 5-year historical median
Price to Sales (P/S)
1.05
Higher than its 5-year historical median
EV/EBITDA
14.98
Lower than its 5-year historical median
Dividend Yield
NAN%
Profitability Efficiency
Return on Equity (ROE)
35.75%
Outperforms industry median
Return on Capital Employed (ROCE)
21.86%
Outperforms industry median
Return on Assets (ROA)
8.71%
Operating Profit Margin
7.8%
Net Profit Margin
3.43%
Gross Profit Margin
4.9%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Slowing versus 3-year growth rate
22.12%
Operating Profit Growth (1 Year)
Improving versus 3-year growth rate
99.85%
Net Profit Growth (1 Year)
Improving versus 3-year growth rate
150.14%
Asset Quality
Promoter Holding
74.13%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹80 Cr.
Equity
₹10.5 Cr.
Face Value
₹10
All Time Low / High
- / -

Baheti Recycling Industries stock performance

Key Ratios
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Quality

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Valuation

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Price Trend

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Q.1 Is Baheti Recycling Industries Ltd a good quality company?
Baheti Recycling Industries Ltd is a weak quality company, based on a inconsistent multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

How does Baheti Recycling Industries Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Baheti Recycling Industries Ltd vs industry peers?
Baheti Recycling Industries Ltd revenue CAGR is 37.74%, compared to the industry median CAGR of 0%, indicating faster growth and gaining its market share.
Q.1 Promoter shareholding and pledge status of Baheti Recycling Industries Ltd?
Promoters hold 74.13% of the Baheti Recycling Industries Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of Baheti Recycling Industries Ltd over the last decade?
Over the last 3 year(s), the stock has delivered a CAGR of 73.76% based on the current price.

10 Year X-Ray : Login to view analysis.

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Baheti Recycling Industries Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
ROCE % 7.7%9.1%8.4%9.3%7.9%8.6%13%14.7%15.6%21.9%-
Value Creation
Index
-0.5-0.4-0.4-0.3-0.4-0.4-0.10.10.10.6-

Growth Parameters

Sales 57.272117148106127248360429524725
Sales YoY Gr.-25.8%63.2%25.7%-28.4%20.5%94.9%44.9%19.3%22.1%-
Adj EPS 0.40.40.50.70.10.63.54.86.917.325.9
YoY Gr.-15.8%4.6%60.9%-86.5%500%481.7%36.1%46.1%148.9%-
BVPS (₹) 14.815.215.716.516.517.32233.240.25786.9
Adj Net
Profit
0.20.30.30.50.10.42.74.97.217.927
Cash Flow from Ops. 0-0.1-0.73.45.6-1.12.9-8.7-10.9-22.7-
Debt/CF from Ops. 0-337.7-40.98.35.6-33.417.7-8.1-9.3-7-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales 27.9%37.7%28.3%22.1%
Adj EPS 52.8%180.2%70.4%148.9%
BVPS16.2%28.1%37.4%42%
Share Price - - 86.9% 20.5%

Key Financial Parameters

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
2.62.934.60.63.619.319.318.935.536
Op. Profit
Mgn %
3.33.42.52.63.43.333.64.77.8NAN
Net Profit
Mgn %
0.40.40.30.30.10.31.11.41.73.43.7
Debt to
Equity
1.41.92.92.833.532.12.42.7-
Working Cap
Days
122100939313313595971121300
Cash Conv.
Cycle
1058476771131057175891070

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Sales5772117148106127248360429524
Operating Expenses + 5570115144102123241347409484
Manufacturing Costs100033510615
Material Costs536610712891110221318384454
Employee Cost 01265689104
Other Costs 1369356101011
Operating Profit 2234447132041
Operating Profit Margin (%) 3.3%3.4%2.5%2.6%3.4%3.3%3.0%3.6%4.7%7.8%
Other Income + 0000001100
Exceptional Items 0000000000
Interest 222333461015
Depreciation 0000111111
Profit Before Tax 00010147924
Tax -0000001226
Profit After Tax 00000035718
PAT Margin (%) 0.4%0.4%0.3%0.3%0.2%0.4%1.2%1.5%1.7%3.4%
Adjusted EPS (₹)0.40.40.50.80.30.83.95.16.917.4
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%7.20%0%

Valuation of Baheti Recycling Ind - Standalone

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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Analyst's Notes

data not found
No data found!

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25

Equity and Liabilities

Shareholders Fund + 9101010101117344259
Share Capital 4444445101010
Reserves 66677712243149
Debt +131828283138517199143
Long Term Debt1473276111015
Short Term Debt121321252930456089127
Minority Interest0000000000
Trade Payables003421011181824
Others Liabilities 10122544623
Total Liabilities 23284245456382127165249

Fixed Assets

Net Fixed Assets +335667791020
Gross Block77910111213161830
Accumulated Depreciation3444556789
CWIP 0000000082
Investments 0000000000
Inventories81110191523315489143
Trade Receivables1182416212638544872
Cash Equivalents 0010000100
Others Assets 15232759911
Total Assets 23284245456382127165249

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity + 0-0-136-13-9-11-23
PBT 00010147924
Adjustment 022334341117
Changes in Working Capital 0-2-3-02-5-4-19-29-60
Tax Paid 0-0-00-0-0-0-1-2-4
Cash Flow From Investing Activity + 0-20-2-1-12-3-10-5
Capex 0-0-2-2-1-2-1-3-2-3
Net Investments 0000000000
Others 0-1200020-8-1
Cash Flow From Financing Activity + 021-2-43-4122028
Net Proceeds from Shares 00000011200
Net Proceeds from Borrowing 000006-2525
Interest Paid 0-2-2-3-3-3-3-5-10-15
Dividend Paid 000000000-1
Others 0331-20002939
Net Cash Flow 0-00-00001-10

Financial Ratio

PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)2.582.942.994.721.864.5221.2820.6618.9335.75
ROCE (%)7.739.058.379.287.98.6313.0414.7115.621.86
Asset Turnover Ratio2.563.173.453.422.352.353.433.452.942.54
PAT to CFO Conversion(x)N/AN/AN/AN/AN/AN/A1-1.8-1.57-1.28
Working Capital Days
Receivable Days68.2042.1049.3049.9064.6067.2046.8046.8043.6041.90
Inventory Days47.4043.1032.4036.2059.1054.8039.8043.1060.7080.80
Payable Days10.600.905.9010.1011.8019.3016.8016.2016.8016.80

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Baheti Recycling Industries Ltd FAQs

The current trading price of Baheti Recycling Ind on 01-Jan-1970 05:30 is ₹0.00.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 31-Dec-1969 the market cap of Baheti Recycling Ind stood at ₹763.7 Cr

The latest P/E ratio of Baheti Recycling Ind as of 31-Dec-1969 is 28.22.

The latest P/B ratio of Baheti Recycling Ind as of 31-Dec-1969 is 8.41.

The 52-week high of Baheti Recycling Ind is ₹0.00 and the 52-week low is ₹0.00.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Baheti Recycling Ind is ₹725 ( Cr.) .

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Baheti Recycling Industries Ltd is a below average quality company.

The key valuation ratios of Baheti Recycling Industries Ltd's currently when compared to its past seem to suggest it is in the Somewhat overvalued zone.

The Price Trend analysis by MoneyWorks4Me indicates it is Strong which suggest that the price of Baheti Recycling Industries Ltd is likely to Rise in the short term. However, please check the rating on Quality and Valuation before investing

About Baheti Recycling Industries Ltd

The company was originally incorporated as a public limited Company under the name of ‘Baheti Metal And Ferro Alloys Limited’ on December 28, 1994 under the provisions of the Companies Act, 1956 with the Registrar of Companies, Gujarat, Dadra & Nagar Haveli bearing registration number as 04-24001. Subsequently, the name of the company was changed from ‘Baheti Metal And Ferro Alloys Limited’ to ‘Baheti Recycling Industries Limited’ vide a fresh certificate of incorporation dated January 25, 2022, issued by the Registrar of Companies, Ahmedabad, Gujarat.

Incorporated in 1994, Baheti Recycling Industries is an aluminium recycling Company, primarily engaged in processing aluminium based metal scrap to manufacture aluminium alloys in the form of ingots and aluminium de-ox alloys in the form of cubes, ingots, shots and notch bar. The versatile properties of aluminium and its alloys, results in it being used in various industries, which include automobiles, construction, electrical transmission application, food packaging etc. Aluminium alloys are used in automobiles components due to its stiffness, corrosion resistance and excellent strength to weight ratio. The Aluminium de-ox alloys are used as deoxidizer in steel manufacturing units.

The company is a customer centric company, constantly striving to create value for its customers through products offered and committed deliveries. It primarily caters to the automotive parts and steel sector in India. Some of its esteemed customers includes ArcelorMittal Nippon Steel India, Tata Steel, Minda Corporation, Sigma Electric, Sunflag Iron & Steel Co. Ltd. etc. Currently, it markets its products to around 12 states & Union Territories in India of which majority portion of the revenue comes from the state of Gujarat, Maharashtra, Orissa and Jharkhand. The company also sells its products to the foreign buyers located in Japan, Canada, USA, China, Hong Kong, UAE, Taiwan etc. The company exports these products at the preferred location of the buyer, which is either the consignee’s country or buyer’s country. The company is also engaged in trading of scrap materials such as aluminium scrap, brass scrap, copper scrap, zinc scrap etc. 

Business area of the company

The company is primarily engaged in processing aluminium-based metal scrap to manufacture aluminium alloys in the form of ingots and aluminium de-ox alloys in the form of cubes, ingots, shots and notch bar. It is also engaged in trading of scrap materials such as aluminium scrap, brass scrap, copper scrap, zinc scrap etc.

Major events and milestones

  • 1994: Incorporation of the company as ‘Baheti Metal and Ferro Alloys Limited’ under the Companies Act, 1956.
  • 1995-96: Commencement of manufacturing operations.
  • 2005-06: Crossed revenue of Rs 50 crore.
  • 2017-18: Crossed revenue of Rs 100 crore.
  • 2022: Change in the name of the Company from Baheti Metal and Ferro Alloys Limited to Baheti Recycling Industries Limited.
  • 2022: Amalgamation of ‘Yash Metals Private Limited’ with the Company.
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