Bhagyanagar India Limited — Investor Meet, 04-02-2026: Analysts/Institutional Investor Meet/Con. Call Updates

Bhagyanagar India's Q3 FY26 and nine-month results show strong growth: 9M turnover 1643 Cr (+40% YoY) and EBITDA 69.98 Cr (+172% YoY), with operational PAT at 31.68 Cr. The company targets 5,000 Cr copper business turnover by FY28-29, driven by AI, EV, and green energy demand. Capacity is expanding, and value-added products like AI data center bus bars and solar wires are key, alongside new plastic recycling efforts. A de-merger will separate copper operations (Tieramaet Limited) from real estate/wind assets (Bhagyanagar India), with 200-300 Cr land parcels holding significant value. Debt rating improved to BBB+. Management is confident about future growth.