Bharat Rasayan Ltd

Bharat Rasayan is engaged in a backward integration project to manufacture Technical Grade Pesticides and Intermediates confirming to International Standards.(Source : 201903 Annual Report Page No: 102)

  • Market Cap: 4,102 Cr.
  • Current Price: 9,651
  • 52 weeks High / Low 11000.00 / 3722.20
  • Book Value: 1,328
  • Stock P/E: 25.62
  • Dividend Yield: 0.02 %
  • ROCE: 32.01 %
  • ROE: 31.90 %
  • Sales Growth (3Yrs): 29.91 %
  • Listed on BSE and NSE
  • Company Website
  • Face Value: 10.00
Edit ratios
Pros:
Company has reduced debt.
Company has good consistent profit growth of 40.82% over 5 years
Company has a good return on equity (ROE) track record: 3 Years ROE 34.06%
Cons:
Stock is trading at 7.27 times its book value

Peer comparison Sector: Agro Chemicals // Industry: Pesticides / Agrochemicals - Indian

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Quarterly Results Figures in Rs. Crores

Jun 2017 Sep 2017 Dec 2017 Mar 2018 Jun 2018 Sep 2018 Dec 2018 Mar 2019 Jun 2019 Sep 2019 Dec 2019 Mar 2020
169 244 189 193 245 285 190 272 354 366 224 271
139 199 144 155 204 226 150 224 284 299 181 223
Operating Profit 30 45 45 38 41 59 39 48 71 67 43 48
OPM % 18% 19% 24% 20% 17% 21% 21% 18% 20% 18% 19% 18%
Other Income 1 -0 -3 7 2 1 -0 -1 1 3 2 8
Interest 3 3 3 2 3 4 4 5 5 4 4 3
Depreciation 4 4 4 4 4 4 4 4 4 4 7 7
Profit before tax 24 38 35 38 36 51 31 38 63 61 35 46
Tax % 34% 37% 35% 7% 30% 30% 31% 22% 34% 11% 28% 22%
Net Profit 16 24 23 36 25 36 21 29 42 55 25 36
EPS in Rs 36.79 56.68 54.35 83.60 58.79 84.24 50.25 69.22 98.22 128.58 59.01 85.25
Notes Notes Notes Notes Notes Notes Notes Notes Notes Notes Notes Notes

Profit & Loss Figures in Rs. Crores

Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 TTM
67 103 99 94 142 185 360 438 451 618 792 989 1,215
63 97 93 87 125 159 296 355 370 508 639 802 986
Operating Profit 4 6 6 7 17 26 64 82 81 111 153 188 229
OPM % 6% 6% 6% 7% 12% 14% 18% 19% 18% 18% 19% 19% 19%
Other Income 3 4 4 4 -0 0 1 1 1 2 10 1 14
Interest 1 1 0 0 1 5 17 18 13 12 12 16 16
Depreciation 1 1 1 2 2 7 18 18 17 16 16 17 22
Profit before tax 5 9 9 8 14 14 30 48 52 84 135 155 205
Tax % 13% 41% 33% 27% 28% 32% 33% 34% 34% 35% 27% 28%
Net Profit 4 5 6 6 10 10 20 32 34 55 98 112 158
EPS in Rs 10.40 11.84 13.36 13.67 22.94 22.56 47.25 74.43 79.73 128.35 231.40 262.49 371.06
Dividend Payout % 10% 8% 13% 9% 5% 0% 2% 2% 2% 1% 1% 1%
* Sales is net of excise duty and discounts
Compounded Sales Growth
10 Years:25.39%
5 Years:22.39%
3 Years:29.91%
TTM:22.46%
Compounded Profit Growth
10 Years:36.16%
5 Years:40.82%
3 Years:49.36%
TTM:41.78%
Stock Price CAGR
10 Years:56.51%
5 Years:51.07%
3 Years:39.11%
1 Year:133.64%
Return on Equity
10 Years:30.00%
5 Years:32.88%
3 Years:34.06%
Last Year:31.90%

Balance Sheet Figures in Rs. Crores

Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020
4 4 4 4 4 4 4 4 4 4 4 4 4
Reserves 29 34 39 39 49 58 78 109 142 196 294 405 560
Borrowings 8 13 4 8 39 131 143 140 111 115 128 247 94
8 13 14 13 34 53 82 82 69 54 77 100 94
Total Liabilities 49 64 60 65 126 246 307 335 326 369 504 756 752
6 5 6 20 16 135 142 137 136 131 148 150 203
CWIP 0 0 0 3 48 0 1 2 1 1 7 35 18
Investments 1 4 11 1 1 0 0 30 20 0 0 0 9
42 54 43 41 60 111 164 167 169 237 349 570 522
Total Assets 49 64 60 65 126 246 307 335 326 369 504 756 752

Cash Flows Figures in Rs. Crores

Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019
-1 -2 19 10 13 -8 29 60 47 16 29 -52
-0 -4 -8 -7 -42 -77 -25 -41 -5 8 -31 -46
2 5 -10 -5 30 87 -3 -19 -43 -24 2 102
Net Cash Flow 2 -1 1 -2 1 3 1 -0 -1 -0 0 4

Ratios Figures in Rs. Crores

Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019
ROCE % 16% 21% 19% 10% 21% 14% 22% 27% 25% 34% 39% 32%
Debtor Days 90 79 62 62 77 89 61 66 71 71 102 103
Inventory Turnover 5.60 6.48 5.80 5.23 6.79 4.86 4.68 4.77 5.34 6.04 6.07 4.62

Shareholding pattern in percentages

Shareholding pattern is currently not available for this company.