BAGO—53

B A G Convergence Ltd

Advertising & MarketingVerified

Score breakdown

Profitability+35Sentiment+15Missing signals-3

Quality breakdown

Key fields100Profile38Conclusion81AI synthesis40Observations3

B A G Convergence Ltd (BAGO.NS) is currently classified as Advertising & Marketing within Advertising & Marketing (Consumer Cyclicals). Classification confidence: 0.92 (verified market data). Capital structure on the latest snapshot: total assets 438,422,000 INR, total equity 222,091,000, short-term debt 0, long-term debt 0. Profitability profile: revenue 356,335,000, gross profit 355,814,000, operating income 132,125,000, net income 94,066,000. Return on equity ~42.4%. Return on assets ~21.5%. Operating-cash-flow to net-income ratio is 0.38. Risk profile from automated assessment: liquidity risk low, dilution risk low. Flags: No immediate filing-based liquidity or dilution flags were detected..

Profile

CompanyB A G Convergence Ltd

TickerBAGO.NS

SectorConsumer Cyclicals

BusinessCyclical Consumer Services

Industry groupCyclical Consumer Services

IndustryAdvertising & Marketing

AI analysis

Business. B A G Convergence Ltd is classified under Consumer Cyclicals / Advertising & Marketing and appears profitable on the latest normalized snapshot.

Classification. Classification confidence is 0.92 based on verified market data; matched terms: Advertising & Marketing, Cyclical Consumer Services, Consumer Cyclicals.

Key takeaways

Return on equity is about 42.4%.
Debt to equity is about 0.0x.

Financial snapshot

PeriodHA-latest

CurrencyINR

Revenue$356.3M

Gross profit$355.8M

Operating income$132.1M

Net income$94.1M

R&D—

SG&A—

D&A—

SBC—

Operating cash flow$36.1M

CapEx-$53.4M

Free cash flow$49.2M

Total assets$438.4M

Total liabilities$216.3M

Total equity$222.1M

Cash & equivalents—

Long-term debt$0.00

Annual history (last 5)

PeriodRevenueOp IncomeNet IncomeFCF

FY0$356.3M$132.1M$94.1M$49.2M

FY-1$299.2M$105.7M$80.5M$79.5M

FY-2$247.8M$63.7M$49.9M$49.9M

FY-3$223.2M$27.0M$26.4M$26.0M

FY-4————

PeriodGross %Op %Net %FCF %

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PeriodAssetsEquityCashDebt

FY0$438.4M$222.1M——

FY-1$183.3M$71.1M——

FY-2$115.7M-$9.2M——

FY-3$127.1M-$59.0M——

FY-4————

PeriodOCFCapExFCFSBC

FY0$36.1M-$53.4M$49.2M—

FY-1$38.2M-$1.4M$79.5M—

FY-2$5.7M-$640.0k$49.9M—

FY-3$126.2M-$746.0k$26.0M—

FY-4————

Quarterly history (last 4)

PeriodRevenueOp IncomeNet IncomeFCF

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PeriodGross %Op %Net %FCF %

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PeriodAssetsEquityCashDebt

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PeriodOCFCapExFCFSBC

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Valuation

Market price—

Market cap—

Enterprise value—

P/E—

Reported non-GAAP P/E—

EV/Revenue—

EV/Op income—

EV/OCF—

P/B—

P/Tangible book—

Tangible book$222.1M

Net cash—

Current ratio2.1

Debt/Equity0.0

ROA21.5%

ROE42.4%

Cash conversion38.0%

CapEx/Revenue-15.0%

SBC/Revenue—

Asset intensity—

Dilution ratio0.0%

Risk assessment

Dilution riskLow

Liquidity riskLow

No immediate filing-based liquidity or dilution flags were detected.

Industry benchmarks

Activity: Advertising & Marketing · cohort 1 companies

MetricBAGOActivity

Op margin37.1%2.0% medp25 2.0% · p75 2.0%top quartile

Net margin26.4%-8.4% medp25 -8.4% · p75 -8.4%top quartile

Gross margin99.9%38.7% medp25 21.3% · p75 60.2%top quartile

CapEx / revenue-15.0%0.8% medp25 0.8% · p75 0.8%bottom quartile

Debt / equity0.0%354.4% medp25 354.4% · p75 354.4%bottom quartile

Source data

Underlying data the analysis-pipeline pulls and audits. Fetch timestamps + content hashes show when each source was last refreshed.

Company fundamentalsperiod FQ-7 · history via verified-market-data

no public URL

2026-05-03 20:43 UTC#b028aafa

Source: analysis-pipeline (hybrid)Generated: 2026-05-07 01:02 UTCJob: 99306ba7