Bhagwati Autocast Share Price Target 2025, 2026, 2030, 2040, 2050
Bhagwati Autocast is an Indian company that makes and supplies cast iron and spheroidal graphite iron (SGI) castings used in many industries, like automotive and tractors. The company produces parts such as cylinder blocks, crankcases, and gearbox housings for industries like general engineering and tractor manufacturing. It has a production capacity of 18,000 tons annually and uses advanced machines like Disa Flex-70 to make the castings. Some of its well-known customers include companies like Escorts, Mahindra, and SwaRaj.
- 1 What is Bhagwati Autocast Ltd NSE: BGWTATO?
- 2 Share Price Target Tomorrow
- 3 Bhagwati Autocast share price Target 2025
- 4 Bhagwati Autocast share price Target 2026
- 5 Share price Target 2027
- 6 Share price Target 2028
- 7 Share price Target 2029
- 8 Bhagwati Autocast share price Target 2030
- 9 Share price Target 2040
- 10 Share price Target 2050
- 11 Should I buy Bhagwati Autocast stock?
- 12 Bhagwati Autocast earnings results
- 13 Is Bhagwati Autocast stock good to buy? (bull case & bear case)
- 14 Conclusion
- 15 FAQs
What is Bhagwati Autocast Ltd NSE: BGWTATO?
Bhagwati Autocast, set up in 1989, is an Indian company situated in Ahmedabad, Gujarat. The company makes high-quality castings mainly for the automotive and engineering industries. They produce castings from metals like aluminium, zinc, and copper alloys, which are used in sectors like automobiles, electrical equipment. It is known for using modern techniques and focusing on quality to fulfil the needs of customers both in India and abroad.
Form the past two years, the stock has shown a very mixed trend; it generally spends a long time in the range. In 2023, its price reached its all-time high price, then the price consolidated for many days, and then it fell. After that, it again tried to recover, but the bullish trend got strong and fell. This has repeated so many times and made a range. At the current time, it has recovered a bit after a very strong bullish trend. Well, this will not be enough to trade on this stock; we have to consider some multiple confirmations for the bullish trend to trade on it. Till now, analyse it carefully, wait for the strong bullish move to trade on it.
Day | Minimum Price (Rs) | Maximum Price (Rs) |
Tomorrow | -13 | +22 |
It was started by Dr. Ing. P.N. Bhagwati, who has a Ph.D. in foundry engineering from Aachen, Germany. The group has two foundry units: Bhagwati Spherocast Pvt. Ltd. and Bhagwati Autocast Ltd. With Dr. Bhagwati’s guidance, both units have grown a lot and are now well-known and trusted suppliers of castings in the Transmission and Automotive industries. The company uses a Disa Flex-70 high-pressure machine moulding system, which can produce up to 18,000 tonnes of castings each year. In 2025, its share price target would be ₹570, as per our analysis.
By our prediction, its share price would be between ₹276 to ₹570 in 2025.
Year | Minimum Price (Rs) | Maximum Price (Rs) |
2025 | 276 | 570 |
Month | Minimum Price (Rs) | Maximum Price (Rs) |
January | 398 | 500 |
February | 351 | 517 |
March | 335 | 390 |
April | 296 | 411 |
May | 282 | 435 |
June | 276 | 442 |
July | 300 | 464 |
August | 335 | 489 |
September | 354 | 500 |
October | 387 | 522 |
November | 425 | 545 |
December | 478 | 570 |
It had some ups and downs in its financial results. The company has made some profits, but its sales are growing slowly. While the stock price has increased over time. The company’s profits have improved, but they aren’t always stable, and sometimes it even faces losses. Its debt has changed over time, and it doesn’t pay a high dividend. Overall, it is stable and making money, but its growth is slow. In 2026, its share price target would be ₹853, as per our analysis.
By our prediction, its share price would be between ₹478 to ₹853 in 2026.
Year | Minimum Price (Rs) | Maximum Price (Rs) |
2026 | 478 | 853 |
Month | Minimum Price (Rs) | Maximum Price (Rs) |
January | 478 | 589 |
February | 511 | 600 |
March | 534 | 620 |
April | 547 | 638 |
May | 540 | 658 |
June | 544 | 687 |
July | 567 | 700 |
August | 594 | 714 |
September | 621 | 725 |
October | 644 | 732 |
November | 654 | 774 |
December | 693 | 853 |
The company makes strong grey iron and ductile iron castings for different industries, with a yearly production capacity of 22,000 metric tons. It is also an ISO-9001:2015 certified company. To keep up with the need for fully finished products, it set up a machine shop to reduce inventory and improve the supply process. Rinal Machining, part of the company, has modern machines like HMC/VMC and turning centres from BFW, with advanced measuring tools like ZEISS CMM to ensure high-quality and accurate products. In 2027, its share price target would be ₹1143, as per our prediction.
Its share price would be between ₹693 to ₹1143 in 2027, as per our analysis.
Year | Minimum Price (Rs) | Maximum Price (Rs) |
2027 | 693 | 1143 |
Month | Minimum Price (Rs) | Maximum Price (Rs) |
January | 693 | 872 |
February | 738 | 889 |
March | 754 | 900 |
April | 774 | 924 |
May | 790 | 945 |
June | 822 | 968 |
July | 842 | 991 |
August | 875 | 1015 |
September | 894 | 1040 |
October | 932 | 1068 |
November | 968 | 1080 |
December | 1014 | 1143 |
It’s another company, Bhagwati Filters makes hydraulic filters and elements that can handle low, medium, and high pressure. For more than 30 years, it has been providing products to important companies in various Original Equipment Manufacturer (OEM) and replacement markets. The products they offer include Pressure Line Filters, Duplex Filters, Return Line Filters, Strainers, Fabricated Filters for large flow, and Filter Elements. So the company don’t have a single factory, it provides less profit to the investor, but for the long term, it could be a good option. In 2028, its share price target would be ₹1427, as per our prediction.
Its share price would be between ₹1014 to ₹1427 in 2028, as per our analysis.
Year | Minimum Price (Rs) | Maximum Price (Rs) |
2028 | 1014 | 1427 |
Month | Minimum Price (Rs) | Maximum Price (Rs) |
January | 1014 | 1172 |
February | 1039 | 1190 |
March | 1058 | 1214 |
April | 1074 | 1241 |
May | 1090 | 1264 |
June | 1121 | 1289 |
July | 1242 | 1300 |
August | 1240 | 1327 |
September | 1257 | 1350 |
October | 1270 | 1378 |
November | 1287 | 1380 |
December | 1300 | 1427 |
It is a 43-year-old company. It mainly makes iron and steel castings. They provide high-quality parts for industries like automotive, engineering, and construction, using methods like sand casting and die casting. The company focuses on quality and innovation, following international standards and investing in research to improve its products. They supply both local and international markets and are environmentally friendly and supporting social problems with their products. It plans to enter new markets and use new technologies to meet the needs of different industries. In 2029, its share price target would be ₹1709, as per our analysis.
By our prediction, its share price would be between ₹1300 to ₹1709 in 2029.
Year | Minimum Price (Rs) | Maximum Price (Rs) |
2029 | 1300 | 1709 |
Month | Minimum Price (Rs) | Maximum Price (Rs) |
January | 1300 | 1427 |
February | 1329 | 1448 |
March | 1350 | 1468 |
April | 1374 | 1490 |
May | 1388 | 1520 |
June | 1425 | 1541 |
July | 1439 | 1578 |
August | 1471 | 1598 |
September | 1490 | 1637 |
October | 1524 | 1652 |
November | 1567 | 1673 |
December | 1590 | 1709 |
Their products are used in industries like cars, tractors, trucks, hydraulic systems, plastic machines, refrigeration, wind power, and air compressors. The company is mostly owned by its promoters, with Ms. Reena Pravinbhai Bhagwati being the largest shareholder. The company has been doing well and making good profits recently. Dr. Pravin Bhagwati is the chairman and joint managing director, and Ms. Reena P Bhagwati is the managing director. In 2030, its share price target would be ₹2008, as per our prediction.
Its share price would be between ₹1590 to ₹2008 in 2030, as per our analysis.
Year | Minimum Price (Rs) | Maximum Price (Rs) |
2030 | 1590 | 2008 |
Month | Minimum Price (Rs) | Maximum Price (Rs) |
January | 1590 | 1737 |
February | 1624 | 1760 |
March | 1642 | 1779 |
April | 1674 | 1800 |
May | 1690 | 1822 |
June | 1718 | 1842 |
July | 1742 | 1861 |
August | 1760 | 1881 |
September | 1790 | 1900 |
October | 1811 | 1934 |
November | 1840 | 1955 |
December | 1890 | 2008 |
The company mainly focuses on its main work, as it is also developing other products in its other factories. It has also added a machine shop to provide extra services. This has helped reduce production time, make products available faster, and improve the overall process. By using advanced tools like the ZEISS CMM for accurate measurements and modern machines, the company ensures every product is made to the highest quality standards. In 2040, its share price target would be ₹4724, as per our analysis.
By our prediction, its share price would be between ₹4333 to ₹4724 in 2040.
Year | Minimum Price (Rs) | Maximum Price (Rs) |
2040 | 4333 | 4724 |
Month | Minimum Price (Rs) | Maximum Price (Rs) |
January | 4333 | 4457 |
February | 4352 | 4478 |
March | 4368 | 4480 |
April | 4387 | 4500 |
May | 4411 | 4521 |
June | 4439 | 4539 |
July | 4454 | 4571 |
August | 4470 | 4590 |
September | 4489 | 4621 |
October | 4521 | 4658 |
November | 4561 | 4688 |
December | 4580 | 4724 |
It expands and makes partnerships and high-quality products for future growth. The company focuses on research and development to create new services.. In the future, it plans to invest in new technologies, offer more products, and be more environmentally friendly. By training its workers and always improving, it will probably do a good job in the future. In 2050, its share price target would be ₹7781, as per our prediction.
Its share price would be between ₹7312 to ₹7781 in 2050, as per our analysis.
Year | Minimum Price (Rs) | Maximum Price (Rs) |
2050 | 7312 | 7781 |
Month | Minimum Price (Rs) | Maximum Price (Rs) |
January | 7312 | 7441 |
February | 7336 | 7465 |
March | 7354 | 7484 |
April | 7366 | 7500 |
May | 7387 | 7521 |
June | 7400 | 7544 |
July | 7421 | 7568 |
August | 7451 | 7588 |
September | 7469 | 7600 |
October | 7481 | 7644 |
November | 7524 | 7687 |
December | 7574 | 7781 |
Should I buy Bhagwati Autocast stock?
It could be a good investment for the long term because it does a good business with industries like automotive and engineering, with reliable customers and good manufacturing capabilities. The company uses modern technology and focuses on quality, which helps it grow steadily. But its stock has been a bit up and down recently. The company is making a profit, but its sales growth has been slow, and its financial performance isn’t always steady. It also doesn’t pay a good amount of dividends. Overall, it seems like a good option for long-term growth.
Bhagwati Autocast earnings results
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
Sales + | 100 | 104 | 112 | 154 | 134 | 134 |
Expenses + | 94 | 99 | 111 | 140 | 121 | 121 |
Operating Profit | 6 | 5 | 2 | 15 | 13 | 12 |
OPM % | 6% | 5% | 1% | 10% | 10% | 9% |
Other Income + | 0 | -0 | 0 | 0 | 0 | 1 |
Interest | 1 | 0 | 1 | 1 | 1 | 1 |
Depreciation | 2 | 2 | 2 | 3 | 3 | 3 |
Profit before tax | 3 | 2 | -1 | 11 | 10 | 9 |
Tax % | 29% | 28% | -28% | 29% | 28% | |
Net Profit + | 2 | 2 | -1 | 8 | 7 | 7 |
EPS in Rs | 7.50 | 5.97 | -3.33 | 26.80 | 24.06 | 25.99 |
Dividend Payout % | 13% | 17% | -30% | 7% | 8% |
Key Metrics
TTM PE Ratio | PB Ratio | Dividend Yield | Sector PE | Sector PB | Sector Div Yld |
13.71 | 2.51 | 0.56% | 30.14 | 3.43 | 1.38% |
Peers & Comparison
Stock | PE Ratio | PB Ratio | Dividend Yield |
Bhagwati Autocast Ltd | 14.82 | 2.51 | 0.56% |
JSW Steel Ltd | 28.93 | 3.19 | 0.87% |
Tata Steel Ltd | -39.81 | 1.91 | 2.54% |
Jindal Steel And Power Ltd | 15.47 | 2.05 | 0.22% |
Is Bhagwati Autocast stock good to buy? (bull case & bear case)

Bull Case:
- Strong demand from the growing auto component sector.
- Improved operational efficiency leading to better margins.
- Solid financial health with consistent revenue and profitability.
- Growth opportunities for the future.
Bear Case:
- The company has delivered a poor sales growth of 2.27% over the past five years.
- Intense competition from established players and low-cost manufacturers
- Dependence on a few large customers for revenue.
Conclusion
It is a well-established company in India that makes parts for industries like cars and engineering. While its performance has had some ups and downs, the company focuses on making high-quality products and using modern technology, which gives it good potential for future growth. Its sales growth has been slow, and its profits can be unpredictable. But for the long term, it could be a good option.