Bhagawati Oxygen Ltd (509449)
Latest quarterly results (Q1 FY27)
In its latest reported quarter, Q1 FY27, Bhagawati Oxygen's revenue was ₹0.1 Cr (-12.0% year on year), and net profit ₹-0.3 Cr (a bigger loss than a year earlier); the operating margin was -318.9%.
| Q1 FY27 (₹ Cr) | Value | YoY vs Q1 FY26 | QoQ |
|---|---|---|---|
| Revenue | ₹0.1 | -12.0% | — |
| Operating profit | ₹-0.4 | loss widened | loss narrowed |
| Net profit | ₹-0.3 | loss widened | to loss |
| EPS (₹) | -1.42 | loss widened | to loss |
| Operating margin | -318.9% | — | — |
📢 Recent Corporate Announcements
Bhagawati Oxygen Limited held its 54th Annual General Meeting on September 28, 2026, where shareholders approved all ordinary resolutions. The passed items include the adoption of audited financial statements for FY26 and the reappointment of retiring director Mrs. Jaya Sharma. A total of 12,88,145 votes were polled (representing 55.6923% of outstanding shares), with 99.9994% voting in favor.
- All resolutions passed with 99.9994% votes in favor (12,88,137 shares) and 8 votes against
- Total voter turnout represented 55.6923% of outstanding shares (12,88,145 votes polled out of 23,12,969 shares)
- Adoption of audited financial statements for the financial year ended March 31, 2026 approved
- Reappointment of Mrs. Jaya Sharma as Director approved by shareholders
- 82 shareholders were present at the meeting (30 promoter and 52 public)
Bhagawati Oxygen Ltd has submitted its Annual Report for FY 2025-26 in compliance with Regulation 34 of SEBI LODR Regulations. The 54th Annual General Meeting (AGM) is scheduled to be held on Monday, September 28, 2026, at 03:00 PM at Ballabhgarh, Haryana. The remote e-voting window will open on September 25, 2026 (10:00 AM) and close on September 27, 2026 (05:00 PM). Key agenda items include the adoption of FY26 audited financial statements and the re-appointment of retiring director Mrs. Jaya Sharma.
- 54th Annual General Meeting convened for September 28, 2026, at 03:00 PM IST
- Register of Members and Share Transfer Books closed from September 22, 2026, to September 28, 2026
- Remote e-voting window active from September 25, 2026 (10:00 AM) to September 27, 2026 (05:00 PM)
- Ordinary business includes adoption of FY26 financial statements and director re-appointment
Bhagawati Oxygen has announced that its 54th Annual General Meeting (AGM) will be held on Monday, September 28, 2026, at its registered office in Ballabhgarh, Haryana. The Register of Members and Share Transfer Books will remain closed from September 22, 2026, to September 28, 2026 (both days inclusive) for AGM purposes. This is a routine statutory intimation with no operational or financial impact.
- 54th Annual General Meeting to be held on Monday, September 28, 2026
- Share transfer books and register of members closed from September 22, 2026, to September 28, 2026
- AGM venue: Plot No. 5, Sector-25, Ballabhgarh, Haryana - 121004
Bhagawati Oxygen Limited has issued the notice for its 54th Annual General Meeting (AGM) scheduled for Monday, September 28, 2026. The ordinary business includes the adoption of audited financial statements for FY26 and the re-appointment of Director Mrs. Jaya Sharma, who retires by rotation. Remote e-voting is set from September 25 to September 27, 2026, with the cut-off date established as September 21, 2026. The company's register of members and share transfer books will remain closed from September 22 to September 28, 2026.
- 54th AGM scheduled to be held on September 28, 2026 at 03:00 P.M.
- Remote e-voting window runs from September 25, 2026 (10:00 AM) to September 27, 2026 (5:00 PM)
- Voting cut-off date fixed as Monday, September 21, 2026
- Register of Members and Share Transfer Books closed from September 22, 2026 to September 28, 2026
- Director Mrs. Jaya Sharma (holding 90,500 shares) seeks re-appointment upon retirement by rotation
Bhagawati Oxygen reported a net loss of ₹32.94 Lakhs for Q1 FY27, worsening from a net loss of ₹3.27 Lakhs in Q1 FY26 and reversing a net profit of ₹326.45 Lakhs in Q4 FY26 (which was elevated by ₹380.66 Lakhs of other income). Total income dropped 50.6% YoY to ₹20.86 Lakhs, with operational revenue at ₹13.20 Lakhs generated entirely from the power segment. The company's primary gas manufacturing operations remain shut following the expiration of its Hindustan Copper Ltd (HCL) contract in October 2021, which remains under arbitration.
- Net loss widened to ₹32.94 Lakhs in Q1 FY27 from ₹3.27 Lakhs in Q1 FY26 and ₹326.45 Lakhs profit in Q4 FY26
- Revenue from operations was ₹13.20 Lakhs versus ₹14.60 Lakhs in Q1 FY26 and ₹0.64 Lakhs in Q4 FY26
- Other income fell sharply to ₹7.66 Lakhs compared to ₹380.66 Lakhs in the preceding quarter
- Gas plant remains shut since October 31, 2021; minimum offtake dispute with HCL is under High Court-directed arbitration
Bhagawati Oxygen reported a net loss of ₹32.94 lakhs for Q1 ended June 30, 2026, reversing from a net profit of ₹326.45 lakhs in Q4 FY26 and widening from a loss of ₹3.27 lakhs in Q1 FY26. Revenue from operations came in at ₹13.20 lakhs, down 9.6% YoY from ₹14.60 lakhs. Total income dropped significantly to ₹20.86 lakhs compared to ₹381.27 lakhs in Q4 FY26 due to the absence of elevated other income. Operations continue to be constrained as its primary gas plant remains closed following the expiry of its Hindustan Copper Ltd (HCL) contract in October 2021, with arbitration ongoing.
- Q1 FY27 Net loss stood at ₹32.94 lakhs compared to a net profit of ₹326.45 lakhs in Q4 FY26 and a loss of ₹3.27 lakhs in Q1 FY26
- Revenue from operations was ₹13.20 lakhs compared to ₹14.60 lakhs in Q1 FY26 and ₹0.64 lakhs in Q4 FY26
- Total expenses stood at ₹58.40 lakhs vs ₹44.97 lakhs in the year-ago period
- Segment performance: Power generated profit of ₹12.72 lakhs on ₹13.20 lakhs revenue, while Gases posted a loss of ₹48.69 lakhs
- Gas supply contract with Hindustan Copper Ltd remains non-renewed since October 2021; minimum offtake guarantee dispute is currently in arbitration
Bhagawati Oxygen Ltd has scheduled a board meeting for August 14, 2026, to approve un-audited financial results for the quarter ended June 30, 2026. The company is a micro-cap with a market capitalization of only ‑9 Cr and has exhibited extremely low operational activity, with FY26 revenue totaling just ‑0.49 Cr. Despite low revenue, the company reported a significant net profit of ‑3.26 Cr in the March 2026 quarter, suggesting non-operational income or one-off gains. Investors should monitor the upcoming results for any signs of operational revival.
- Board meeting scheduled for August 14, 2026, at 03:30 PM in Kolkata.
- The meeting will consider un-audited financial results for the quarter ended June 30, 2026.
- Company reported a net profit of ‑3.26 Cr in the preceding quarter (Mar 2026) despite revenue of only ‑0.01 Cr.
- Annual FY26 revenue stands at a low ‑0.49 Cr against a market cap of ‑9 Cr.
- Operating profit margin for FY26 was deeply negative at -253.06%.
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