BHAGERIABhageria Industries Limited Forensic Risk Analysis

Dyes And Pigments
Risk ClassStable
Market Cap₹667 Cr
Primary DriverEarnings Quality
Flagium AI Risk Score
Stable structural profile. Financial profile appears resilient.
5 / 100
+5 QoQ
Early Deterioration
Sentinel Insight

Financial profile remains stable for now. Weakness is detected in profitability and earnings quality. No immediate concerns are visible. Risk is increasing at a faster pace.

0.0th %ile (Sector)Accel: +1 Qtrs
Updated2026-06-02
Market View
₹154.92▲1.18%
PeriodQ4 FY26

Score Waterfall
Absolute contribution points of each forensic pillar to the final risk score. Derived from: Sector Baseline + Active Penalties - Mitigation Buffers.

Earnings Quality
+14.2 pts
Stability Adjustment
-9.0 pts
Final Composite Risk5 / 100

Investment Risk Thesis

Historical Trend

Current risk score has risen from 0 → 5 over 12 quarters.

Expected Direction
⚠ Watch
Primary Deterioration Drivers
  • Margin Compression
  • Operating Leverage Stress
  • Working Capital Expansion
What to Watch Next Quarter
  • Operating profit margins
  • Debt growth
  • Working capital efficiency

Active Risk Objects (3)

CriticalHigh
Margin Compression
📊 Earnings QualityAnnualActive for 1 Years
More Detail
Impact Weight15/15
MomentumAccelerating
Last SignalQ4 FY2026
Operating margin declined by 5.5 bps YoY for two consecutive quarters.

"Margins are in freefall. Operating costs are growing significantly faster than revenue."

Operating Leverage Stress
📊 Earnings QualityAnnualActive for 1 Years
More Detail
Impact Weight10/15
MomentumAccelerating
Last SignalQ4 FY2026
Expenses are consistently growing faster than revenues, creating operational pressure.

"Debt levels are creeping up. Monitor for signs of excessive borrowing for non-core activities."

Working Capital Expansion
💧 Liquidity & CoverageAnnualActive for 1 Years
More Detail
Impact Weight10/15
MomentumDecaying
Last SignalQ4 FY2025
Working capital expansion detected: Receivable days increased by 21.2%.

"Working capital pressure is receding. Cash previously locked in operations is being released."

Risk Trajectory
Historical 12-quarter risk trend (Q-11 to Q0) followed by a 2-quarter predictive funnel (Q+1, Q+2).
Loading Chart
Resilience Matrix
Diagnostic benchmarking comparing structural sensitivity and risk buffers against sector medians.
MetricValuevs SectorSignal
Volatility (σ)1.367.19✅ RESILIENT
Sensitivity (ε_s)11.00✅ RESILIENT
Escalation Prob.5%5%✅ NEUTRAL
Safety Buffer+61.0+36.0✅ RESILIENT
Forensic Benchmark Context: Dyes And Pigments (n=7 peers)

Correlation Analysis
Visualizing the relationship between stock price movement and structural risk objects.

Loading Chart
Share Price
Risk Score (0-100)
Market Performance
₹154.92(+1.18%)
1M Divergence-12.88%
1 Week-0.86%
1 Month-10.62%
6 Months-13.88%
1 Year-17.25%
2 Year+2.5%
3 Year+20.1%
Sector Average (1M)+2.27%
Sentinel Forensic Assessment
ALGORITHMIC RISK PROFILE • NON-ADVISORY

The structural architecture is currently robust. Capital resilience buffers in earnings quality remain well-maintained against forensic benchmarks. Systematic scans of operational margins and profitability metrics confirm the absence of material structural stress. Strategic vigilance is advised as structural decay is accelerating.

BHAGERIA • MARKET STRUCTURE

Stage 4 — Declining

The company is in a defensive phase. Sentiment and fundamentals are deteriorating under persistent downward pressure, indicating elevated risk levels.

Stage Transition Prob.0%
Trend QualityDeteriorating
Phase Progression
Phase Progression Score0%
Readiness LabelLow (Early Base Consolidation)
Probability of Advancing0%
CoinTree Momentum
Composite Z-Score-0.3639σ
Weakening momentum trend
Universe Rank
A cross-sectional rank of this stock's composite momentum score compared to all other tracked equities in the universe. A rank of #1 of 1035 means it has the strongest overall price momentum in the market.
#1802 of 2716
Top 66.35% in momentum strength
Timeframe Sparklines
1W-0.9%
1M-10.6%
6M-13.9%
Weinstein Indicators
150 DMA₹170.44
200 DMA₹173.63
150 DMA Slope-1.4765%Declining
Relative Strength-9.56%Lagging
Relative Turnover (RTR)0.1370
ParticipationWeak

PEER COMPARISON

Ranked comparison against sector peers

This company appears relatively stable compared to the Sector Mean (30).
BHAGERIABhageria Industries Limited
5 Risk
Sector %ile0th
Delta+5
Active Flags3
Accel+1
Earnings Quality

Stable

ASAHISONGAsahi Songwon Colors Limited
8 Risk
Sector %ile17th
Delta+2
Active Flags14
Accel+1
Competitive Position

Stable

AKSHARCHEMAksharChem India Limited
30 Risk
Sector %ile50th
Delta-5
Active Flags22
Accel+0
Earnings Quality

Watch

BODALCHEMBodal Chemicals Limited
30 Risk
Sector %ile50th
Delta-5
Active Flags24
Accel+0
Governance

Watch

* Peer comparison is based on risk signals, not valuation or returns.

Risk Profiles

Solvency
10100th %ile
VS Sector Median (8.5)
Governance
10100th %ile
VS Sector Median (8.5)
Earnings Quality
0.65.6th %ile
VS Sector Median (8.5)
Balance Sheet Stress
10100th %ile
VS Sector Median (8.5)
Competitive Position
10100th %ile
VS Sector Median (8.5)
Growth Sustainability
10100th %ile
VS Sector Median (8.5)

Deterioration Timeline

2026

Margin Compression

2026

Operating Leverage Stress

2025

Working Capital Expansion

Key Financials (INR Cr)

PeriodRevenueNet ProfitOCFDebt
FY20268814499101
FY2025602395245
FY2024511192347
FY2023505152838