---
title: "Bhavik Enterprises Ltd (BHAVIK) — Share Price, Financials & Analysis"
symbol: "544551"
company: "Bhavik Enterprises Ltd"
canonical: "https://tapetide.com/stocks/544551"
isin: "INE18PB01017"
bse_code: "544551"
sector: "Chemicals"
industry: "Trading Chemicals"
market_cap_cr: 305.36
generated_at: "2026-10-15T10:39:25.661Z"
---

# Bhavik Enterprises Ltd (BHAVIK)

Canonical page: https://tapetide.com/stocks/544551

## Company

- **BSE Code:** 544551
- **ISIN:** INE18PB01017
- **Sector:** Chemicals
- **Industry:** Trading Chemicals
- **Macro Sector:** Commodities
- **Stock Type:** EQUITY
- **Listed Since:** 2025-10-06
- **Face Value:** ₹10
- **F&O Eligible:** No

## About

Incorporated in 2008, Bhavik Enterprises Limited is engaged in the trading of polymers primarily in Polyethylene (PE) and Polypropylene (PP).[1]

## Latest Price

- **Price:** ₹150
- **Change:** +4.45 (+3.06%)
- **Open:** ₹151
- **Day High:** ₹151
- **Day Low:** ₹150
- **Previous Close:** ₹145.55
- **Volume:** 2000
- **As Of:** 2026-10-15T04:52:35+00:00

## Key Fundamentals

Price-based figures as of 2026-10-15T10:22:35+05:30.

Observed at 2026-10-15T04:42:34.773394Z.

- **Market Cap:** ₹305.36 Cr
- **Classification:** SME
- **Book Value:** ₹81.41
- **Price to Book:** 1.84
- **Dividend Yield:** 0%
- **ROE:** 8.18%
- **ROCE:** 11.33%
- **Debt to Equity:** 0
- **Revenue (yearly):** ₹630.4 Cr
- **Net Income:** ₹13.6 Cr
- **EBITDA:** ₹19 Cr
- **52-Week High:** ₹175.05
- **52-Week Low:** ₹121.1
- **RSI (14):** 9.23

## Key Insights

### Strengths

- Company is almost debt free.

### Weaknesses

- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 8.61% over last 3 years.

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| cash flow growth | 146.72% | 655.96% | — |
| ebitda margin growth | 96.73% | 58.42% | 5.99% |
| net income growth | 138.6% | -4% | 2% |
| revenue growth | 18.61% | 4% | 17% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 |
| --- | --- | --- | --- | --- |
| Sales | 254 | 274 | 294 | 334 |
| Expenses | 249 | 275 | 289 | 323 |
| Operating Profit | 5 | -1 | 6 | 11 |
| OPM % | 2.1 | -0.5 | 1.9 | 3.4 |
| Other Income | 4 | 0 | 0 | 2 |
| Interest | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 |
| Profit before tax | 9 | -1 | 6 | 13 |
| Tax % | 26 | -28 | 26 | 27 |
| Net Profit | 7 | -1 | 4 | 9 |
| EPS in Rs | 12.39 | -0.54 | 2.69 | 4.57 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 283 | 292 | 325 | 561 | 494 | 527 | 628 |
| Expenses | 278 | 280 | 319 | 544 | 489 | 523 | 611 |
| Operating Profit | 5 | 12 | 6 | 17 | 5 | 4 | 17 |
| OPM % | 1.9 | 4.1 | 1.7 | 3.1 | 1 | 0.8 | 2.7 |
| Other Income | 2 | 5 | 4 | 4 | 6 | 4 | 2 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 7 | 17 | 9 | 21 | 11 | 8 | 18 |
| Tax % | 28 | 27 | 26 | 26 | 26 | 26 | 26 |
| Net Profit | 5 | 12 | 7 | 15 | 8 | 6 | 14 |
| EPS in Rs | 9 | 23.25 | 12.66 | 29.1 | 14.93 | 3.58 | 6.66 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 | 0 |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 5 | 5 | 5 | 5 | 5 | 16 | 20 |
| Reserves | 45 | 57 | 64 | 79 | 87 | 82 | 145 |
| Borrowings | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Liabilities | 35 | 52 | 57 | 77 | 44 | 75 | 68 |
| Total Liabilities | 85 | 114 | 126 | 161 | 137 | 173 | 234 |
| Fixed Assets | 1 | 1 | 1 | 2 | 1 | 1 | 1 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 3 | 0 | 0 | 8 |
| Other Assets | 84 | 112 | 125 | 156 | 135 | 172 | 225 |
| Total Assets | 85 | 114 | 126 | 161 | 137 | 173 | 234 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 5 | 26 | 1 | 14 | -3 | -33 | 15 |
| Cash from Investing Activity | 1 | 1 | 2 | -1 | 3 | -2 | 1 |
| Cash from Financing Activity | 0 | 0 | 0 | 0 | 0 | 0 | 54 |
| Net Cash Flow | 6 | 28 | 2 | 12 | 0 | -34 | 71 |
| Free Cash Flow | 5 | 26 | 0 | 10 | -3 | -33 | 7 |
| CFO/OP | 154 | 257 | 52 | 111 | -20 | -792 | 130 |

### Ratios

| Item | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 43 | 36 | 41 | 27 | 26 | 42 | 31 |
| Inventory Days | 31 | 39 | 31 | 31 | 22 | 49 | 38 |
| Days Payable | 43 | 61 | 57 | 49 | 32 | 54 | 40 |
| Cash Conversion Cycle | 31 | 14 | 15 | 9 | 16 | 36 | 29 |
| Working Capital Days | 28 | 7 | 5 | 6 | 17 | 41 | 32 |
| ROCE % | — | 30 | 14 | 28 | 12 | 8 | 14 |

## Shareholding Pattern

### Quarterly

| Category | Sep 2025 | Dec 2025 | Mar 2026 |
| --- | --- | --- | --- |
| Promoters | 72.98% | 72.98% | 72.98% |
| FIIs | 0% | 0% | 0% |
| DIIs | 0.05% | 0.05% | 0% |
| Government | 0% | 0% | 0% |
| Public | 9.65% | 10.97% | 11.48% |
| Others | 17.31% | 15.99% | 15.53% |
| No. of Shareholders | 7 | 380 | 356 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 2 / 7 / 10

### Moving Averages — summary: **Strong Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 153.51 | Sell |
| EMA (10) | 151.54 | Sell |
| SMA (20) | 150.05 | Sell |
| EMA (20) | 150.66 | Sell |
| SMA (50) | 149.82 | Sell |
| EMA (50) | 150.59 | Sell |
| SMA (100) | 152.7 | Sell |
| EMA (100) | 149.39 | Sell |
| SMA (200) | — | Neutral |
| EMA (200) | — | Neutral |

### Oscillators — summary: **Neutral**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 43.82 | Neutral |
| MACD (12,26,9) | 1.04 | Sell |
| Stochastic (14,3,3) | 33.1 | Neutral |
| ADX (14) | 8.71 | Neutral |
| Williams %R (14) | -80.86 | Buy |
| ATR (14) | 4.8 | High Volatility |
| ROC (12) | -0.99 | Sell |
| Stoch RSI (14) | 0 | Buy |
| UO (7,14,28) | 44.36 | Neutral |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 2026-04-29 | [Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A](https://www.bseindia.com/xml-data/corpfiling/AttachHis/75dd0eff-5e56-4c0a-8f61-178850c02328.pdf) |
| 2026-04-29 | [Non-Applicability Of Annual Secretarial Compliance Report Under Regulation 24A Of SEBI (LODR) Regulations, 2015 For The Year Ended 31-03-2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/4b4de89a-86c4-4464-8be0-93e40c69e013.pdf) |
| 2026-04-29 | [Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A](https://www.bseindia.com/xml-data/corpfiling/AttachLive/75dd0eff-5e56-4c0a-8f61-178850c02328.pdf) |
| 2026-04-29 | [Non-Applicability Of Annual Secretarial Compliance Report Under Regulation 24A Of SEBI (LODR) Regulations, 2015 For The Year Ended 31-03-2026.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/4b4de89a-86c4-4464-8be0-93e40c69e013.pdf) |
| 2026-04-09 | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018](https://www.bseindia.com/xml-data/corpfiling/AttachHis/90553be2-4f32-455e-972b-4bfa0ddfae9a.pdf) |
| 2026-03-26 | [Closure of Trading Window](https://www.bseindia.com/xml-data/corpfiling/AttachHis/60dde2c7-aa57-4b09-b081-6ec1aca67603.pdf) |
| 2026-03-05 | [Board Meeting Outcome for Outcome Of Board Meeting Held On 05.03.2026](https://www.bseindia.com/xml-data/corpfiling/AttachHis/3af594ff-7b65-417e-adfd-adb48e52b563.pdf) |
| 2026-02-26 | [Board Meeting Intimation for The Meeting Of The Board Of The Company Will Be Held On Thursday, March 5Th, 2026 At 5:00 P.M](https://www.bseindia.com/xml-data/corpfiling/AttachHis/1026a083-1eb8-4472-96de-2a7ada358710.pdf) |
| 2026-02-14 | [Statement Of Deviation And Variation For Quarter Ended 31.12.2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/7d6951af-ef7d-4dad-8557-cd1a3e3c962e.pdf) |
| 2026-02-13 | [Announcement under Regulation 30 (LODR)-Monitoring Agency Report](https://www.bseindia.com/xml-data/corpfiling/AttachHis/d1ef9ec2-651b-4365-8079-2db57077a67e.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| 2026 | [Annual Report 2026](https://www.bseindia.com/xml-data/corpfiling/AttachHis/818e30ad-eaa1-4eb5-8f07-ecf7a978dae5.pdf) |
| Mar 2019 | [Financial Year 2019](https://www.bseindia.com/bseplus/AnnualReport/532643/5326430319.pdf) |
| Mar 2018 | [Financial Year 2018](https://www.bseindia.com/bseplus/AnnualReport/532643/5326430318.pdf) |
| Mar 2017 | [Financial Year 2017](https://www.bseindia.com/bseplus/AnnualReport/532643/5326430317.pdf) |
| Mar 2016 | [Financial Year 2016](https://www.bseindia.com/bseplus/AnnualReport/532643/5326430316.pdf) |
| Mar 2015 | [Financial Year 2015](https://www.bseindia.com/bseplus/AnnualReport/532643/5326430315.pdf) |
| Mar 2013 | [Financial Year 2013](https://www.bseindia.com/bseplus/AnnualReport/532643/5326430313.pdf) |
| 2013 | [Financial Year 2013](https://archives.nseindia.com/annual_reports/AR_3181_SGFL_2012_2013_19022014114643.zip) |
| 2012 | [Financial Year 2012](https://archives.nseindia.com/annual_reports/AR_2803_SGFL_2011_2012_25102013190001.zip) |
| 2011 | [Financial Year 2011](https://archives.nseindia.com/annual_reports/AR_SGFL_2010_2011_26062012121634.zip) |

### Credit Rating Reports

| Date | Document |
| --- | --- |
| 2021-10-13 | Credit rating update — Acuité |
| 2021-02-16 | Credit rating update — Acuité |
| 2019-12-12 | Credit rating update — Acuité |
| 2019-09-24 | Credit rating update — Acuité |
| 2018-07-04 | Credit rating update — Acuité |

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-10-09 | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=37ae51dd-d9a3-4c37-8825-c65990515e0e.pdf) |
| 2026-09-24 | [Closure of Trading Window](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=bbdb74be-71fd-447c-b16b-2a77bb40b6b3.pdf) |
| 2026-09-04 | [Shareholder Meeting / Postal Ballot-Scrutinizers Report](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d6fa4c3e-0e53-4983-a0a4-0ce8e6a346c0.pdf) |
| 2026-09-03 | [Announcement under Regulation 30 (LODR)-Change in Management](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=37ddae37-35fa-4fae-96c0-dc46423e939f.pdf) |
| 2026-09-02 | [Shareholder Meeting / Postal Ballot-Outcome of AGM](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=fee77f6b-9c92-4036-8768-3e6720ccd2a2.pdf) |
| 2026-08-06 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=2c8fa461-1b03-453c-bd2c-d25d3b93e946.pdf) |
| 2026-08-05 | [Notice Of Annual General Meeting](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f670ba51-abd4-4ba9-926e-c71a505868de.pdf) |
| 2026-08-05 | [Reg. 34 (1) Annual Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=818e30ad-eaa1-4eb5-8f07-ecf7a978dae5.pdf) |
| 2026-08-05 | [Corrigendum To Notice Of Annual General Meeting](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=37d99267-0e4f-449a-bb9a-7a92e9f9147e.pdf) |
| 2026-08-04 | [Board Meeting Outcome for Outcome Of Board Meeting Held On 04.08.2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d79bde33-0fb8-4f77-81e7-411732c9ab4f.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2025-11-10 | [Financial Results For Half Year Ended 30.09.2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=904bc0a6-695a-4b71-8ade-1715ab360481.pdf) |

---

Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-10-15T10:39:25.661Z.