Strong Financial Growth : Bhadora Industries has demonstrated solid financial momentum, with revenue increasing by 33% from Rs 83.27 crore in FY24 to Rs 110.69 crore in FY25. Additionally, profit after tax surged by 118%, highlighting efficient cost management and growing demand for its products.
High Return Ratios : The company’s Return on Equity (ROE) stands at 51.51% and EBITDA margin at 15.42%, indicating strong profitability and effective use of capital both critical indicators of a well-run business.
Government-Approved Vendor : Bhadora Industries is an approved supplier for various state electricity boards and government EPC contractors, ensuring consistent orders and lower client default risks, especially in the public infrastructure sector.
Capacity Expansion Underway : A key portion of the IPO proceeds will be used to establish a new manufacturing facility in Khargone, Madhya Pradesh. This expansion will significantly boost production capacity and help the company meet rising demand across India.
Sectoral Growth Support : With India's push towards rural electrification, infrastructure modernization, and power distribution reforms, the demand for industrial cables is expected to remain strong, benefiting players like Bhadora Industries in the long term.
Attractive Valuation : Despite strong growth and performance metrics, Bhadora’s IPO is priced with a post-issue P/E ratio of 17.76x, which is considered attractive in the cable manufacturing and power infrastructure segments.