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 ₹ 1,040 Cr.
- Current Price ₹ 776
- High / Low ₹ 988 / 602
- Stock P/E 30.8
- Book Value ₹ 330
- Dividend Yield 0.00 %
- ROCE 10.6 %
- ROE 8.03 %
- Face Value ₹ 10.0
Pros
- Company is expected to give good quarter
- Company has delivered good profit growth of 83.5% CAGR over last 5 years
Cons
- 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 6.51% 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 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 424 | 445 | 473 | 518 | 609 | 573 | 397 | 531 | 664 | 661 | 857 | 1,131 | |
| 390 | 405 | 438 | 476 | 550 | 517 | 364 | 484 | 594 | 580 | 766 | 1,024 | |
| Operating Profit | 34 | 40 | 35 | 42 | 59 | 56 | 33 | 47 | 71 | 81 | 91 | 107 |
| OPM % | 8% | 9% | 7% | 8% | 10% | 10% | 8% | 9% | 11% | 12% | 11% | 9% |
| 2 | 3 | 6 | 5 | 4 | 4 | 4 | 5 | 3 | 3 | 4 | 3 | |
| Interest | 11 | 16 | 16 | 20 | 31 | 27 | 27 | 26 | 43 | 49 | 54 | 49 |
| Depreciation | 4 | 4 | 5 | 6 | 7 | 9 | 8 | 8 | 10 | 10 | 11 | 12 |
| Profit before tax | 21 | 23 | 19 | 20 | 25 | 25 | 2 | 17 | 22 | 24 | 30 | 49 |
| Tax % | 34% | 36% | 35% | 36% | 35% | 14% | 34% | 29% | 26% | 26% | 29% | 31% |
| 14 | 15 | 12 | 13 | 16 | 22 | 2 | 12 | 16 | 18 | 21 | 34 | |
| EPS in Rs | 12.55 | 12.61 | 10.63 | 10.78 | 13.33 | 17.63 | 1.29 | 9.79 | 13.25 | 14.41 | 16.29 | 25.14 |
| Dividend Payout % | 8% | 10% | 11% | 11% | 9% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 10% |
| 5 Years: | 23% |
| 3 Years: | 19% |
| TTM: | 32% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 9% |
| 5 Years: | 84% |
| 3 Years: | 28% |
| TTM: | 59% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 4% |
| 5 Years: | 30% |
| 3 Years: | 49% |
| 1 Year: | 6% |
| Return on Equity | |
|---|---|
| 10 Years: | 5% |
| 5 Years: | 6% |
| 3 Years: | 7% |
| Last Year: | 8% |
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 | 11 | 12 | 12 | 12 | 12 | 12 | 12 | 12 | 12 | 12 | 13 | 13 |
| Reserves | 152 | 186 | 226 | 242 | 257 | 277 | 279 | 291 | 307 | 325 | 383 | 430 |
| 192 | 220 | 258 | 328 | 341 | 405 | 394 | 437 | 462 | 488 | 461 | 537 | |
| 63 | 77 | 69 | 114 | 110 | 75 | 71 | 104 | 121 | 171 | 224 | 254 | |
| Total Liabilities | 419 | 495 | 565 | 696 | 720 | 770 | 756 | 845 | 902 | 996 | 1,082 | 1,234 |
| 60 | 69 | 82 | 87 | 104 | 112 | 109 | 121 | 142 | 137 | 131 | 136 | |
| CWIP | 6 | 9 | 6 | 20 | 3 | 3 | 0 | 8 | 0 | 1 | 2 | 12 |
| Investments | 62 | 61 | 71 | 72 | 66 | 66 | 66 | 66 | 66 | 66 | 66 | 66 |
| 291 | 357 | 406 | 517 | 547 | 589 | 582 | 649 | 694 | 792 | 882 | 1,020 | |
| Total Assets | 419 | 495 | 565 | 696 | 720 | 770 | 756 | 845 | 902 | 996 | 1,082 | 1,234 |
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -27 | -23 | 2 | -49 | 23 | -7 | 16 | 30 | 29 | 36 | 41 | ||
| -5 | -14 | -24 | -20 | 2 | -8 | -9 | -45 | -22 | -21 | -13 | ||
| 30 | 34 | 40 | 52 | -17 | 39 | -38 | 18 | -11 | -13 | -32 | ||
| Net Cash Flow | -1 | -3 | 18 | -17 | 8 | 23 | -31 | 3 | -4 | 1 | -3 | |
| Free Cash Flow | -38 | -40 | -18 | -75 | 16 | -14 | 14 | 3 | 8 | 29 | 35 | |
| CFO/OP | -64% | -35% | 32% | -101% | 48% | -7% | 66% | 70% | 44% | 53% | 52% |
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 | 44 | 47 | 45 | 68 | 43 | 49 | 72 | 58 | 46 | 57 | 59 | 62 |
| Inventory Days | 261 | 353 | 347 | 404 | 413 | 470 | 694 | 537 | 512 | 595 | 455 | 384 |
| Days Payable | 43 | 50 | 57 | 103 | 84 | 50 | 88 | 100 | 93 | 150 | 139 | 113 |
| Cash Conversion Cycle | 263 | 350 | 335 | 369 | 371 | 469 | 678 | 494 | 466 | 502 | 374 | 333 |
| Working Capital Days | 44 | 67 | 61 | 71 | 65 | 61 | 169 | 139 | 113 | 91 | 84 | 84 |
| ROCE % | 10% | 10% | 8% | 7% | 9% | 8% | 4% | 6% | 8% | 9% | 10% | 11% |
Insights
In beta| Mar 2017 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| Geographic Revenue Share - Exports % |
|
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| Leather Accessories Production Capacity Units/Annum |
||||
| Leather Garments Production Capacity Units/Annum |
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| Number of Manufacturing Units Count |
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| Number of Permanent Employees Count |
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| Revenue Mix - Leather Products % |
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| Revenue Mix - Textile Outerwear % |
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| Tannery Processing Capacity sq. ft. per month |
||||
Extracted by Screener AI
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Newspaper Publication
10h - Newspaper publication of Audited Financial Results for quarter and year ended 31st March, 2026
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Audited Financial Results For The Quarter And Year Ended 31.03.2026
1d - Board approved FY26 audited results; Q4 profit Rs151.41 lakh, FY26 profit Rs3,371.20 lakh; reappointed internal auditor.
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Announcement under Regulation 30 (LODR)-Change in Management
1d - Board approved FY26 audited results, reappointed internal auditor, and agreed to sell Bengaluru property for INR 3,100 lakhs.
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Board Meeting Outcome for Outcome Of Board Meeting
1d - Bhartiya International approved FY26 audited results; profit rose to Rs 3,371.20 lakh, and property sale agreement worth Rs 3,100 lakh noted.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
21 May - Submission of Newspaper Advertisement of Notice for Intimation of Board Meeting.
Annual reports
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Financial Year 2025
from bse
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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
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.