Bhartiya International Ltd
Incorporated in 1983, Bhartiya International Ltd is in the business of manufacturing and trading of leather products and textile products.[1]
- Market Cap ₹ 1,104 Cr.
- Current Price ₹ 850
- High / Low ₹ 988 / 439
- Stock P/E 52.2
- Book Value ₹ 305
- Dividend Yield 0.00 %
- ROCE 8.74 %
- ROE 5.77 %
- Face Value ₹ 10.0
Pros
Cons
- Stock is trading at 2.79 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
- Company has a low return on equity of 5.45% over last 3 years.
* 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.
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
319 | 424 | 445 | 473 | 518 | 609 | 573 | 397 | 531 | 664 | 661 | 857 | |
288 | 390 | 405 | 438 | 476 | 550 | 517 | 364 | 484 | 594 | 580 | 776 | |
Operating Profit | 31 | 34 | 40 | 35 | 42 | 59 | 56 | 33 | 47 | 71 | 81 | 80 |
OPM % | 10% | 8% | 9% | 7% | 8% | 10% | 10% | 8% | 9% | 11% | 12% | 9% |
2 | 2 | 3 | 6 | 5 | 4 | 4 | 4 | 5 | 3 | 3 | 4 | |
Interest | 17 | 11 | 16 | 16 | 20 | 31 | 27 | 27 | 26 | 43 | 49 | 44 |
Depreciation | 3 | 4 | 4 | 5 | 6 | 7 | 9 | 8 | 8 | 10 | 10 | 11 |
Profit before tax | 13 | 21 | 23 | 19 | 20 | 25 | 25 | 2 | 17 | 22 | 24 | 30 |
Tax % | 35% | 34% | 36% | 35% | 36% | 35% | 14% | 34% | 29% | 26% | 26% | 29% |
9 | 14 | 15 | 12 | 13 | 16 | 22 | 2 | 12 | 16 | 18 | 21 | |
EPS in Rs | 7.81 | 12.55 | 12.61 | 10.63 | 10.78 | 13.33 | 17.63 | 1.29 | 9.79 | 13.25 | 14.41 | 16.29 |
Dividend Payout % | 13% | 8% | 10% | 11% | 11% | 9% | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | 7% |
5 Years: | 8% |
3 Years: | 17% |
TTM: | 30% |
Compounded Profit Growth | |
---|---|
10 Years: | 4% |
5 Years: | 0% |
3 Years: | 21% |
TTM: | 20% |
Stock Price CAGR | |
---|---|
10 Years: | 4% |
5 Years: | 43% |
3 Years: | 62% |
1 Year: | 80% |
Return on Equity | |
---|---|
10 Years: | 5% |
5 Years: | 4% |
3 Years: | 5% |
Last Year: | 6% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 11 | 11 | 12 | 12 | 12 | 12 | 12 | 12 | 12 | 12 | 12 | 13 |
Reserves | 136 | 152 | 186 | 226 | 242 | 257 | 277 | 279 | 291 | 307 | 325 | 383 |
151 | 192 | 220 | 258 | 328 | 341 | 405 | 394 | 437 | 462 | 488 | 461 | |
51 | 63 | 77 | 69 | 114 | 110 | 75 | 71 | 104 | 121 | 171 | 224 | |
Total Liabilities | 348 | 419 | 495 | 565 | 696 | 720 | 770 | 756 | 845 | 902 | 996 | 1,082 |
56 | 60 | 69 | 82 | 87 | 104 | 112 | 109 | 121 | 142 | 137 | 131 | |
CWIP | 4 | 6 | 9 | 6 | 20 | 3 | 3 | 0 | 8 | 0 | 1 | 2 |
Investments | 60 | 62 | 61 | 71 | 72 | 66 | 66 | 66 | 66 | 66 | 66 | 66 |
229 | 291 | 357 | 406 | 517 | 547 | 589 | 582 | 649 | 694 | 792 | 882 | |
Total Assets | 348 | 419 | 495 | 565 | 696 | 720 | 770 | 756 | 845 | 902 | 996 | 1,082 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-40 | -27 | -23 | 2 | -49 | 23 | -7 | 16 | 30 | 29 | 36 | 41 | |
6 | -5 | -14 | -24 | -20 | 2 | -8 | -9 | -45 | -22 | -21 | -13 | |
42 | 30 | 34 | 40 | 52 | -17 | 39 | -38 | 18 | -11 | -13 | -32 | |
Net Cash Flow | 8 | -1 | -3 | 18 | -17 | 8 | 23 | -31 | 3 | -4 | 1 | -3 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 21 | 44 | 47 | 45 | 68 | 43 | 49 | 72 | 58 | 46 | 57 | 59 |
Inventory Days | 287 | 261 | 353 | 347 | 404 | 413 | 470 | 694 | 537 | 512 | 595 | 455 |
Days Payable | 40 | 43 | 50 | 57 | 103 | 84 | 50 | 88 | 100 | 93 | 150 | 139 |
Cash Conversion Cycle | 268 | 263 | 350 | 335 | 369 | 371 | 469 | 678 | 494 | 466 | 502 | 374 |
Working Capital Days | 40 | 44 | 67 | 61 | 71 | 65 | 61 | 169 | 139 | 113 | 91 | 84 |
ROCE % | 12% | 10% | 10% | 8% | 7% | 9% | 8% | 4% | 6% | 8% | 9% | 9% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Newspaper Publication
2d - Submission of Newspaper advertisement of Notice for intimation of Board meeting of the Company.
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Board Meeting Intimation for Intimation Of Board Meeting
5 Aug - Board meeting on 13 Aug 2025 to approve Q1 FY26 unaudited financial results.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
17 Jul - Submission of Newspaper Publication of Notice for Transfer of Unclaimed Dividend along with correspondence shares of the Company to Investor Education and Protection Fund.
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Intimation Under Regulation 30 Read With Schedule III Of SEBI (LODR) Regulations, 2015
15 Jul - Reminder to shareholders to claim dividends and update KYC to avoid share transfer to IEPF.
-
Announcement under Regulation 30 (LODR)-Credit Rating
8 Jul - India Ratings affirms Bhartiya International's credit rating IND BBB with stable outlook on 7 July 2025.
Annual reports
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Financial Year 2024
from bse
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Financial Year 2023
from bse
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Financial Year 2022
from bse
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Financial Year 2021
from bse
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Financial Year 2020
from bse
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Financial Year 2019
from bse
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Financial Year 2018
from bse
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Financial Year 2017
from bse
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Financial Year 2016
from bse
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Financial Year 2015
from bse
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Financial Year 2014
from bse
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Financial Year 2013
from nse
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Financial Year 2013
from bse
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Financial Year 2012
from bse
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Financial Year 2012
from nse
Business Overview:[1]
BIL is a part of the Bhartiya Group. It is a fashion house that is engaged in the business of manufacturing and exporting leather outerwear, accessories, and apparel. The company operates through a multi-location setup with many manufacturing facilities. It caters primarily to international clients and develops fashion collections for 150 luxury brands /retailers across the world.