What we do Bhagyanagar India Limited manufactures a diverse range of copper products serving electrical, automotive, and renewable energy sectors. It operates advanced manufacturing units in Hyderabad, India. |
Founded in 1,985 |
Market share Among India’s oldest and trusted copper manufacturers with 30,000 MT capacity, strong foothold in value-added copper products and renewable energy markets. |
Problem solved Provides high-quality copper components critical for power transmission, EV infrastructure, telecom, and green energy, addressing India’s growing demand for efficient electrical materials. |
Top clients or who we serve OEMs in electrical, automotive, solar and telecom sectors; serves over 500 customers with B2B focus. |
Key management Shri Devendra Surana, Managing Director, Mechanical Engineer and IIM Bangalore alumnus with 30+ years experience. |
Our journey and innovations Started in 1985 with copper rods; expanded into value-added products like copper strips, bus bars, and renewable energy components; introduced silver-plated bus bars recently. |
Where we operate Primarily India with export presence in Oman, USA, UK, Saudi Arabia, and East Asia. |
Top products or what we offer Copper rods, bus bars, strips, solar ribbons, value-added copper products, and renewable energy equipment. |
Top brands Bhagyanagar Copper Pvt Ltd subsidiary; leading manufacturer of copper bus bars up to 300 mm width; pioneer in silver-plated bus bars. |
Raw materials needed Copper scrap and raw copper feedstocks for copper product manufacturing. |
Raw materials supplier Procures from domestic and international copper suppliers and recyclers. |
Recurring vs cyclical contribution Revenue mix includes recurring orders from long-term OEM customers and cyclical sales tied to industrial demand. |
Our industry position Strong position as a niche value-added copper manufacturer in India with expanding renewable energy segment. |
Financial highlights FY25 consolidated revenue Rs. 1,62,560 lakhs, EBITDA Rs. 6,998 lakhs, PAT Rs. 3,169 lakhs, showing robust growth in latest quarters. |
Geographical revenue split Majority revenue from domestic India with significant export sales to Middle East and Western markets. |
Order book Growing order book driven by expanding value-added copper products and new silver-plated bus bar demand. |
Whats driving growth Rising demand in electrical infrastructure, EVs, renewables; capacity expansion and product diversification. |
Our future plans Plans Rs. 30 crore capex to expand capacity and enter plastic recycling sector; target Rs. 5000 crore revenue by 2029. |
Our green promise Investments in renewable energy, wind and solar power projects; energy efficiency improvements and sustainability initiatives. |
Our people and values Managed by three Surana family generations, workforce of 5 permanent employees, culture of quality, ethics and innovation. |
Key challenges ahead Raw material price volatility, global supply chain constraints, and competitive pressure in copper markets. |
Interesting facts Only Indian manufacturer producing copper bus bars up to 300 mm width; pioneered silver-plated bus bars for data centers. |
Risks and strategy Mitigating commodity risks via cost controls; focusing on innovation and diversification to maintain competitive edge. |