RATING

RECOMMENDATION

Buy

  • BAGRRYS INDIA PRIVATE LIMITED
  • ₹2,220.00

  • PLACE ORDER
  • ROFR Required
  • Available in Depository:

  • NSDL

  • CDSL

  • Available for Investment:

  • Primary

  • Secondary

RATING

RECOMMENDATION

Buy

Business Type

Traditional Business

RATING

RECOMMENDATION

Buy

Business Type

Traditional Business

Discover and get complete analysis on Bagrrys India Share Price,  unlisted shares - Management, Business Model, Financials, Bagrrys India Revenue Growth, Valuations, Funding Rounds, News and latest updates

ISIN

INE229F0102

Face Value

₹10.00

Total Share

7,69,609

Total Income

₹14,113.40 L

Profit After Tax

₹2,152.17 L

EPS

₹279.64

P/E

7.94

P/B

3.83

Market Capitalisation

₹170.85 Cr

Enterprise Value

₹173.57 Cr

Book Value

₹579.18

Intrinsic Value

₹2,030.28

Earnings Yield

12.60 %

Sector

Consumer Staples

Sub-sector

FMCG - Foods/Household/Personal Products

Category

Micro Cap

Cashflow - Operations

₹2,161.35 L

Cashflow - Financing

₹623.81 L

Bagrrys India Growth

Compounded Sales Growth

  • -9.63%

    1 Year

  • 6.01%

    3 Year

  • 10.15%

    4 Year

Pro Only

Compounded Profit Growth

  • 93.80%

    1 Year

  • 59.89%

    2 Year

  • 12.01%

    4 Year

Pro Only

Return On Equity

  • 48.28%

    2021

  • 44.41%

    2019

  • 11.79%

    2018

Pro Only

About Bagrrys India

  • Bagrrys India private Limited (formerly known as Bagrrys India Limited) is an Indian multinational FMCG food-manufacturing company which manufactures the high-fiber breakfast cereals and health foods. it is headquartered in New Delhi, India. The company’s products include white oats, chewy oats, rolled oats/jumbo oats, and oat flour; muesli; and cereal brans via two food brands in its portfolio ‘Bagrry’s’ and ‘Lawrence Mills’.
  • They are one of the leading brands of health foods and breakfast cereals in the Indian subcontinent. With a tagline of ‘Let’s put health first,’
  • The company is also indulged in the business of Quick Service Restaurants for healthy snacks, under the name "Bagrrys Health Café".
  • The company has started new investment division during FY21 for carrying investment activities like investment in mutual funds, shares, govt/corporate bonds, loan given (ICD) etc.
  • The company’s legal status has changed into a private limited company from an unlisted public limited company in FY20.
  • The company has two manufacturing plants in Newai and Baddi. It offers its products in India, Nepal, and Bhutan. The company was founded in 1986 and is based in New Delhi, India.

  • Bagrrys India IPO Details

Currently, the company is not planning to raise funds through IPO. 

  • Bagrrys India Subsidiaries

There is no holding, subsidiary and associate companies of the company.

Bagrrys India Business Model

  • Bagrrys is among the 5 largest ready to eat (RTE) breakfast cereals manufacturer in India. It happens to sale cornflakes, museli and various other healthy meals across India and export to various countries such as Nepal, Bhutan, Maldives, Bangladesh, Nigeria, etc.
  • The company is also indulged in the business of quick service restaurants for healthy snacks, under the name "Bagrrys Health Café".
  • Bagrrys India Revenue Segmentation

  • Revenue from Operations - manufacture and sale of Breakfast Cereals,Wheat Products and Other
  • Other Income
  • Bagrrys India Product & Services

  • High-fiber breakfast cereals and health foods:
  • Muesli,
  • Flakes,
  • Oats,
  • Bran,
  • Kid Cereals,
  • Daily Superfoods and Healthy snacks
  • Bagrrys India Assets

The company's assets as on 31st, March 2021

ParticularsAmount in Rs. Lakhs 
Leasehold Land87.6
Buildings183.3
Plant and Machinery200.7
Air Conditioners0.9
Furniture and fixtures34.3
Office and other equipments18.3
Vehicles53.4
Software0.2


  • Bagrrys India Industry Overview

Industry Statistics

  • Cereal, formally termed breakfast cereal (and further categorised as cold cereal or warm cereal), is a traditional breakfast food made from processed cereal grains. It is traditionally eaten as part of breakfast, or a snack food, primarily in Western societies. Cereal grains are the seeds that come from grasses such as wheat, millet, rice, barley, oats, rye, triticale, sorghum, and maize (corn).
  • The breakfast cereals market in India was valued at Rs 2,256 crore in 2017, grew at a 12% CAGR to Rs 3,411 crore in 2020, according to Euromonitor International, a London-based market research company. Rising disposable incomes, rapid urbanization, and a large population primarily contributed to the growth of the breakfast cereals market during the review period. The growing preference for Western food among millennials is boosting demand for gluten free oats, quinoa etc which can be more expensive than local cuisine. 
  • India, being a large market with growing middle-income group and double-income households, holds great potential for the breakfast cereal market, which in turn provides healthy, convenient, and tasteful options. 
  • The growth rate of the breakfast cereals segment in the country almost doubled during the pandemic. From 11-12% growth that the sector was witnessing in the pre-pandemic times, it has now moved to 18-20%, driven by the trend towards convenience foods.
  • According to industry experts, constant innovation by companies and the mushrooming of startups are increasing the market size of the category. 
  • Indian consumers prefer hot breakfasts; hence hot cereal category is growing at a much faster pace than ready-to-eat cereals. Among hot cereals, oats has gained high acceptance and popularity; which is attributed to the consumers’ awareness of the grain’s health benefits.
  • The ready to eat sector in the Indian market dominates the breakfast and cereal market with its two categories namely cornflakes and muesli. At present cornflakes products is the market dominator in ready to eat (RTE) sector as well as in the overall market. 
  • Notwithstanding the growth, traditional fare poses a threat to the breakfast cereals segment and remains its foremost challenge. Many companies have introduced traditional breakfast products at price points as low as Rs 20, which does not bode well for the pricier cereals segment. The high prices of cereals limit their market and the category remains an urban phenomenon.
  • The health driven changes in eating habits has extended the window of opportunity for manufacturers to roll out a variety of oat-based products in the market.
  • Kellogg’s is considered as the most prominent company in cornflakes market with its large number of variants available in the market.

Future Prospects

  • India Breakfast Cereals Market is expected to grow at CAGR of 6.50% during the forecast period from 2020 to 2025 as per mordorintelligence report. 
  • Convenience stores led the sale with a value share of 40%, which is followed by supermarket/hypermarkets. Online retail sale constitutes very small share in the market but is growing at a steady rate. Organic, natural and health claim on breakfast cereals offers potential future for baked products. Expanding retail distribution channel is another factor expanding sales in rural and tier II cities.
  • The widespread communications on health, especially on the rising incidence of cardiovascular diseases, diabetes and obesity in Indians have made them more health conscious than before. Not only are influencers such as doctors, nutritionists and the media passing on these messages, the companies assiduously themselves are playing the health card in almost all of their communications.
  • Online portals are expected to play a key role for companies trying to enter the hinterlands. Internet has contributed in a big way, facilitating a cheaper and more convenient mode to increase a company’s reach. 

Government Initiatives

  • The Government has allowed 100% Foreign Direct Investment (FDI) in food processing and single-brand retail and 51% in multi-brand retail
  • On November 11, 2020, Union Cabinet approved the production-linked incentive (PLI) scheme in 10 key sectors (including electronics and white goods) to boost India’s manufacturing capabilities, exports and promote the ‘Atmanirbhar Bharat’ initiative.

Bagrrys India Awards & Achievements

The leading body for food safety in India, the FSSAI, has awarded Bagrrys the "Excellence in Food and Nutrition Award" for innovation in the food products category in 2019.

Bagrrys India Strengths

  • Bagrry’s is among top 5 players in the High Fiber Health Foods and Breakfast Cereals market.
  • The most important part of the cereal market is the consistent innovation among food products, which Bagrrys keeps consistently launching new products with several variants. The company has been among the first to introduce Museli as well as Granola Bars in India. 
  • The company not only includes the products, but they also offer various recipes associated with the products attracting customers to try their products. 

Bagrrys India Shortcomings

  • One of the most widely accepted breakfast cereals in India is Cornflakes in which Kellogs has multiple variant, whilst Bagrrys has only three variants, which limits Bagrrys to capture wider market segment. 

Bagrrys India Opportunities

  • As people become more health conscious, sets of complex consumers with complex demand would arise, the company can develop new products to cater their needs.
  • Advancing food retail infrastructure simultaneously with rising awareness about the health benefits of consuming grain-based breakfasts is further boosting the growth of the market. 
  • Tier 2 and Tier 3 cities are under penetrated if raised awareness with taste and health benefits, these cities can contribute higher sales growth as majority of India's population resides in such areas, with growing trend of women employed can further improve the sales of its product. 

Bagrrys India Threats

  • The company faces a stiff competition from companies like Kellog’s India PVT LTD, Pepsico India Holdings private limited, Bagrrys India lTD, Marico Limited, Britannia Industries, GlaxoSmithKline consumer limited, Nestle India Limited, Patanjali India Limited etc.
  • Notwithstanding the growth, traditional fare poses a threat to the breakfast cereals segment and remains its foremost challenge. Many companies have introduced traditional breakfast products at price points as low as Rs 20, which does not bode well for the pricier cereals segment. The high prices of cereals limit their market and the category remains an urban phenomenon.
Bagrrys India Rating

  • RECOMMENDATION

    Buy

  • Bagrrys India Detail Info

Industry Statistics

PRIVATE LIMITED

Registered In

India

last Updated

09/04/2022

Registered Date

23/10/1986

Planify Ticker

BGRY

Reg Office: Plot No. 28 and 41, HIMUDA Industrial Area, Bhatoli Kalan, Baddi, Solan, Himachal Pradesh-173205

Visit Website

Frequently Ask Questions

Bagrrys India private Limited has expressed no intention of raising funds through IPO.

The face value of Bagrrys India private Limited share is Rs. 10

Yes, Bagrrys India Private Limited is expected to make good profits in the future.

The major shareholder of 'stock_name_auto' is  Mr. Shyam Bagri.

Short Term Gain Capital Tax - Less than 2 years - 30%, Greater than 2 years then 20% tax + Indexation.

Mr. Shyam Bagri is the owner of 'stock_name_auto'.

'stock_name_auto' is among top 5 players in the High Fiber Health Foods and Breakfast Cereals market.

Total Profit of the 'stock_name_auto' is Rs. 21.52 Cr.

Please find below the procedure for buying stock_name_auto Unlisted Shares at Planify.
• 1. You confirm booking of stock_name_auto Unlisted Shares with us at a trading price.
• 2. You provide your client master report (ask the broker if not available) along with PAN Card and Cancelled Cheque in case you are not transferring funds from the bank account as mentioned in the CMR Copy. These are KYC documents required as per SEBI regulations.
• 3. We will provide the bank details.
• 4. You need to transfer funds in that account.
• 5. Payment has to be done in RTGS/NEFT/IMPS CHEQUE TRANSFER. No CASH DEPOSIT.
• 6. Payment has to be done from the same account in which shares are to be credited.
• 7. We will transfer the shares in 24 hours if funds are credited before 2 pm.
Important Note: Please note that the lock-in period for selling stock_name_auto Unlisted Shares is 6 months after listing. Hence you can’t sell stock_name_auto Unlisted Shares which you bought in Pre-IPO for 6 months after its listing. i.e. You can sell it only after 6 months calculated from the listing date.

Please find below the procedure for selling stock_name_auto Unlisted Shares at Planify.
• 1. We will confirm our buying price of stock_name_auto Unlisted Shares.
• 2. We will give you our client master report and you will transfer the stock_name_auto Unlisted Shares to our demat account.
• 3. We will ask for bank details of yours once the stock_name_auto Unlisted Shares are received in our demat account..
• 4. We will transfer the funds in your bank account within 24 hrs of receiving the stock_name_auto Unlisted Shares.
• 5. Payment will be made in RTGS / NEFT / CHEQUE TRANSFER/IMPS. No CASH DEPOSIT.
• 6. Payment will be given in the same account which is linked to demat account or you need to provide the cancelled cheque shows your name to verify. As per SEBI regulations, the transfer of funds in the third party account is not legal and our policy refrain us from doing so.
Note: The price at which we are buying the share is fixed for 3 days. If you cant sell your stock within 3 days, then the price of that day will be applicable when we receive shares in our demat.

Lock-in period of stock_name_auto Unlisted Shares depends upon category of investors.
• 1. Venture Capital Funds or Alternate Investment Fund of Category -I or II, or Foreign Venture Capital Investor - lock-in Period of 6 months from the date of acquisition of stock_name_auto Unlisted Shares.
• 2. Other Investors (include Retail, HNIs or Body Corporate) lock-in Period of 6 months from the date of listing of IPO of stock_name_auto Unlisted Shares.
This new SEBI rule was introduced in the month of August-2021, wherein the SEBI has reduced the lock-in period previously from 1 year to 6 months to encourage more and more funds to be invested in startups which are going to public or IPO in near future. Reduction of lock-in is seen as big step and after that many PMS funds are advising their clients to invest in Pre-IPO shares to get the benefit of early stage investment.

DIS - Delivery Instruction Slip is the way through which an investor can sell or transfer the stock_name_auto Unlisted Shares from his/her demat account to any other demat account. There are two Types of DIS Slip.
1. Offline-DIS - This is an offline mode of transfer of shares wherein the investors needs to fill DIS form and give it to their broker for transferring the shares. Following are the fields which are required to be filled.
• a. ISIN number of stock_name_auto Unlisted Shares.
• b. Name of stock_name_auto Unlisted Shares
• c. Quantity of stock_name_auto Unlisted Shares
• d. Cosideration Amount
• e. Target DP ID and Client ID
• f. Annexure
2. Online DIS - Some of the broker these days gives facility of transferring the stock_name_auto Unlisted Shares via online DIS. So, please check with your broker whether such facility is available or not. For example: Angel Broking proivdes the facility of Online-DIS from its platform. As an investor he/she simply needs to add a beneficiary into it and send the stock_name_auto Unlisted Shares by filling the details similar to Ofline-DIS.

In the last 4-5 years, the unlisted share market has become quite big and as a result of that, the ticket size has reduced from usual 5-10 Lac to 35-50k in today's scenario. Generally via our Planify platform, if somebody wants to buy Unlisted Shares then minimum investment would be 35-50k.To know about the minimum lot size of stock_name_auto, kindly click on this hyperlink - stock_name_auto.

Yes, buying and selling of unlisted shares in India is 100% legal.

If you sell your shares within 2 years, then you will have to pay Short-term Capital gain on unlisted shares. Short-Term Capital Gain is added in your Income. So, as per individual tax slab you need to pay capital gain tax.

If you sell your shares after 2 years, then you will have to pay Long-term Capital gain on unlisted shares LTCG is 20% with indexation benefits.

Taxes will remain the same irrespective of listing of shares, if bought in unlisted market. Actually, to be eligible for taxes as per listed market, one has to pay STT on buying and selling of shares. But, if you buy in unlisted and sell in listed market, one pay STT only on selling so, taxes of listed market will not be applicable.

If you buy stock_name_auto Unlisted Shares from Planify then these shares can checked in two ways. However, before we tell you the process of checking of shares, it is intimated that as per SEBI regulations, the shares can be transferred in demat account only.
Check credit of stock_name_auto Unlisted Shares Instantly?
• 1.You can download the NSDL or CDSL application from google play-store and check. If you want to check whether your stock broker is registered with NSDL or CDSL then check the following procedure.
• By carefully examining the number format of Demat Account we can easily identify whether the stock broker is registered with CDSL or NSDL.
• Demat Account = DP ID + Client ID. (16 Characters )
• "DP ID is the unique identification of the Broker. Every broker gets a unique number from CDSL or NSDL.By carefully examining the number format of Demat Account we can easily identify whether the stock broker is registered with CDSL or NSDL.
• Client ID is the unique identification of the Client. Every client gets this unique number which represents his/her portfolio.
• In CDSL, all these characters are numbers (1234567891234567) first 8 digits are DP ID and next 8 digits are Client Id whereas in NSDL the first two characters are letters which are in accordance with the country that you are from (IN12345678912345), then 6 unique digits for Broker and next 8 digits are client ID.
• Example:
• CDSL = 12345678(DP ID) and 91234567(Client ID).
• NSDL = IN123456 (DP ID) and 78912345(Client ID).
• Check in brokers application?
• Credit of stock_name_auto Unlisted Shares can be checked in brokers application as well but it takes T+2 days to show the shares.

The stock_name_auto Unlisted Shares are credited in demat account same day of transferring funds in our company's bank account.

The price of stock_name_auto Unlisted Shares can be checked in two ways. First, you can join our telegram channel where on daily basis we share the latest prices of all the unlisted shares in the morning and secondly, you can register on Planify.live platform to see the historical graphs and prices of all the shares at one place.

If you see the thesis of investment in the unlisted shares then it is being done mainly to take the advantage of IPO market. And, if the IPO plans of company get delayed due to market conditions or any other reason then demand suddenly drops in the market. The unlisted market works mainly on demand and supply and if there is no IPO news then getting exit would be difficult.

"Planify is India's fastest and leading marketplace to buy and sell unlisted shares. In the last 3 years, we have already served more than 1 million users on the platform. The total transactions value done from the platform is already more than 100 Crores. The name of our Co-founders Mr. Umesh Paliwal and Dinesh Gupta publish regularly in leading newspapers like MoneyControl, Business-Standard, ET etc for their views on IPO and Unlisted market. In the last 3 years, Planify has made a good name for itself in the industry and gained a trust of their users. So, the new investors should not be worried about any kind of fraud that is mostly happens with unkown brokers in the market while doing investment with Planify."

We at Planify do the valuation based on 2 methods.
• 1. We check the last funding that is being done in the stock_name_auto Unlisted Shares to ascertain the benchmark valuation.
• 2. If there is no funding happened in the company, then we try to find a business similar to stock_name_auto Unlisted Shares in the listed space and do comparison method to ascertain the valuation.
As an investor in the unlisted space, we would always recommend that you must check all the risk parameter carefully before investing in the unlisted space.

We source shares either from the employees or initial investors looking to liquidate their stock_name_auto Unlisted Shares.

Pre-IPO shares means which are planning for an IPO in near future. So, all the shares which are traded on the platform are not Pre-IPO Shares. However, if the company's business is going good and then demand will always be there in the unlisted space, so even if the IPO does not come, the investors can easily liquidate their stock_name_auto Unlisted Shares in the unlisted market itself.

Rules and regulations of SEBI are applicable in the Unlisted space like lock-in period of 6 months, paying of Stamp Duty, and DP Charges for every transaction etc. However, to become an unlisted broker there is no such regulation by SEBI as of yet.

For tracking news and other information about stock_name_auto Unlisted Shares, one can visit our website wherein we post news and other information on daily basis and one can also join our telegram channel.

Fundamental & Comparative valuation models and the forces of demand and supply in the market for unlisted shares dictate the price. These prices are based on our estimates and transaction history of stock_name_auto Ltd unlisted share.

We can generally arrange lot sizes starting with an investment of INR 20,000. To confirm the lot sizes of stock_name_auto Ltd unlisted shares with us.

The financials of stock_name_auto Ltd which includes the P/L of stock_name_auto Ltd and the Balance Sheet of stock_name_auto Ltd is in the financials section.

The annual report of stock_name_auto Ltd is available in the annual report section.