Bartronics India Ltd

₹ 7.43 -0.54%

05 Jun - close price

About

Incorporated in 1990, Bartronics India Ltd provides Automatic Identification & Data Capture (AIDC) solutions^[1]

Key Points

Business Overview:^[1]
Company started with providing solutions based on barcode and is a leading player in the country to provide solutions using umbrella of AIDC technologies. It has a manufacturing facility with capacity to manufacture 80mn smart cards per annum. Using these 2 synergies, the company ventured into Financial Inclusion projects driven by Reserve Bank of India known as Jan Dhan Yojana

Website BSE NSE

Market Cap ₹ 226 Cr.
Current Price ₹ 7.43
High / Low ₹ 17.6 / 6.93
Stock P/E 38.1
Book Value ₹ 1.12
Dividend Yield 0.00 %
ROCE 15.5 %
ROE 19.0 %
Face Value ₹ 1.00

Add ratio to table

Edit ratios

Pros

Company is expected to give good quarter

Cons

Stock is trading at 6.62 times its book value
Though the company is reporting repeated profits, it is not paying out dividend
Promoter holding has decreased over last quarter: -1.87%
Company has a low return on equity of 9.83% over last 3 years.
Contingent liabilities of Rs.115 Cr.
Debtor days have increased from 38.8 to 90.7 days.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Information Technology Information Technology IT - Services IT Enabled Services

Edit Columns

Loading peers table ...

Detailed Comparison with:

Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026
	12.05	12.07	12.43	11.92	12.41	13.57	8.85	8.71	8.91	8.83	12.40	48.34	34.39
	12.19	11.41	12.82	12.10	12.56	13.34	8.91	9.08	9.01	9.65	11.70	45.75	32.06
Operating Profit	-0.14	0.66	-0.39	-0.18	-0.15	0.23	-0.06	-0.37	-0.10	-0.82	0.70	2.59	2.33
OPM %	-1.16%	5.47%	-3.14%	-1.51%	-1.21%	1.69%	-0.68%	-4.25%	-1.12%	-9.29%	5.65%	5.36%	6.78%
	157.90	0.04	-0.29	0.25	0.75	0.85	0.32	0.06	1.52	0.03	0.32	0.15	0.42
Interest	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.07
Depreciation	1.01	0.19	0.14	0.07	0.04	0.01	0.01	0.01	0.01	0.01	0.01	0.06	0.05
Profit before tax	156.75	0.51	-0.82	0.00	0.56	1.07	0.25	-0.32	1.41	-0.80	1.01	2.68	2.63
Tax %	12.15%	9.80%	20.73%		-253.57%	16.82%	0.00%	0.00%	33.33%	-156.25%	0.00%	8.96%	20.15%
	137.70	0.46	-0.99	-0.06	1.98	0.89	0.25	-0.33	0.93	0.45	1.00	2.45	2.09
EPS in Rs	4.52	0.02	-0.03	-0.00	0.07	0.03	0.01	-0.01	0.03	0.01	0.03	0.08	0.07
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

	Mar 2015 18m	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	39	42	72	71	68	66	63	65	53	49	40	104
	43	32	62	58	84	59	57	60	51	49	40	99
Operating Profit	-4	10	10	13	-16	7	6	6	2	-0	-0	5
OPM %	-10%	25%	14%	18%	-23%	11%	9%	9%	4%	-0%	-1%	5%
	4	19	-3	2	0	3	0	0	158	1	3	1
Interest	70	54	52	52	52	52	52	52	26	0	0	0
Depreciation	57	11	6	6	5	5	4	4	4	0	0	0
Profit before tax	-128	-35	-51	-43	-74	-47	-50	-51	130	0	2	5
Tax %	-12%	-6%	-1%	-1%	-10%	9%	-2%	-1%	15%	-500%	27%	-9%
	-112	-33	-51	-43	-66	-51	-49	-50	110	1	2	6
EPS in Rs	-33.03	-9.74	-14.92	-12.65	-19.37	-15.06	-14.46	-14.77	3.62	0.05	0.06	0.20
Dividend Payout %	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%

Compounded Sales Growth
10 Years:	9%
5 Years:	11%
3 Years:	25%
TTM:	160%

Compounded Profit Growth
10 Years:	8%
5 Years:	16%
3 Years:	30%
TTM:	2276%

Stock Price CAGR
10 Years:	-2%
5 Years:	14%
3 Years:	-6%
1 Year:	-47%

Return on Equity
10 Years:	%
5 Years:	%
3 Years:	10%
Last Year:	19%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	34	34	34	34	34	34	34	34	30	30	30	30
Reserves	149	116	57	15	-27	-51	-108	-147	-5	-4	-2	4
	734	773	789	747	797	1,047	1,092	1,156	0	0	0	9
	530	559	585	417	448	244	244	245	2	3	4	25
Total Liabilities	1,447	1,481	1,465	1,213	1,252	1,274	1,261	1,289	28	30	33	68
	65	55	50	45	39	32	28	24	4	2	0	2
CWIP	14	14	14	14	14	12	12	12	0	0	0	0
Investments	302	302	302	302	306	302	302	302	0	0	5	14
	1,066	1,111	1,100	852	893	928	919	951	24	28	27	53
Total Assets	1,447	1,481	1,465	1,213	1,252	1,274	1,261	1,289	28	30	33	68

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	107	-5	4	64	31	61	2	4	-9	-0	-3	1
	8	-2	1	0	20	11	0	0	1	1	-0	-10
	-114	8	-3	-64	-52	-69	-0	0	-2	0	0	8
Net Cash Flow	1	1	1	-0	-0	3	2	4	-11	0	-3	-0
Free Cash Flow	105	-7	3	63	31	65	2	4	-9	-1	1	-0
CFO/OP	-2,708%	-51%	35%	494%	-195%	861%	35%	70%	-472%	-4,775%	465%	29%

Ratios

Standalone Figures in Rs. Crores / View Consolidated

	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor Days	7,924	7,686	4,451	3,248	3,533	3,822	3,932	3,907	16	3	22	91
Inventory Days	146	524	96	173	81	124		389
Days Payable	5,358	17,265	4,922	2,601	1,778	1,872		4,518
Cash Conversion Cycle	2,712	-9,056	-375	820	1,836	2,073	3,932	-223	16	3	22	91
Working Capital Days	-3,340	-3,313	-2,220	-2,458	-2,815	-2,963	-3,446	-3,526	15	-7	-7	2
ROCE %	-6%	2%	0%	1%	-3%	1%	0%	0%	-0%	4%	1%	16%

Insights

In beta

Mar 2015

Mar 2016

Mar 2017

Mar 2018

Mar 2019

Mar 2020

Mar 2021

Mar 2022

Mar 2023

Mar 2024

Dec 2025

Permanent Employee Count
Number

xxx	xxx	xxx	xxx	xxx	xx	xx	xx	xx	xx	xxx
xx	xx	xx	xx	xx	xx	xx	xx	xx
xx,xxx	xx,xxx	x,xxx	x,xxx						x,xxx	x,xxx
x,xxx,xxx	x,xxx,xxx	xx,xxx,xxx	x,xxx,xxx
			xxx		xxx
									x,xxx	x,xxx
										x
										xx

Please log in to see hidden values.

Installed Smart Card Manufacturing Capacity
Million Cards per Annum

Villages Covered
Number

Smart Card Production Volume
Units

Aapke Dwar Kiosks (Constructed)
Number

Number of Business Correspondents (BCs/CSPs)
Number

Banking Partners
Number

Farmers/Rural Population Service Reach
Millions

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

9 Recently

	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026
	90.00%	90.00%	90.00%	90.00%	89.75%	85.57%	81.29%	75.00%	75.00%	69.37%	69.37%	67.50%
	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	3.19%	3.97%	1.36%	1.68%	1.68%	1.67%
	0.22%	0.22%	0.22%	0.22%	0.22%	0.22%	0.22%	0.22%	0.22%	0.22%	0.22%	0.22%
	9.78%	9.78%	9.77%	9.78%	10.03%	14.22%	15.30%	20.81%	23.43%	28.74%	28.74%	30.62%
No. of Shareholders	35,974	35,948	35,688	38,594	39,610	48,054	50,472	59,477	60,221	61,747	60,788	72,319

	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	10.55%	10.55%	10.55%	10.55%	10.55%	10.55%	90.00%	90.00%	75.00%	67.50%
	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	3.97%	1.67%
	1.95%	2.06%	1.95%	1.95%	1.95%	1.95%	0.22%	0.22%	0.22%	0.22%
	87.50%	87.39%	87.50%	87.50%	87.50%	87.50%	9.78%	9.78%	20.81%	30.62%
No. of Shareholders	47,571	43,197	41,401	40,407	38,277	37,207	36,318	38,594	59,477	72,319

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Bartronics India Ltd

Bartronics India Ltd

Peer comparison

Quarterly Results

Profit & Loss

Balance Sheet

Cash Flows

Ratios

Insights

Shareholding Pattern

Documents

Announcements

Annual reports

Concalls