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 ₹ 1,105 Cr.
- Current Price ₹ 851
- High / Low ₹ 876 / 416
- Stock P/E 70.7
- Book Value ₹ 345
- Dividend Yield 0.00 %
- ROCE 7.67 %
- ROE 3.73 %
- Face Value ₹ 10.0
Pros
- Company is expected to give good quarter
- Promoter holding has increased by 2.54% over last quarter.
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of 7.39% over past five years.
- Company has a low return on equity of 6.73% 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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
414 | 558 | 622 | 642 | 711 | 748 | 721 | 548 | 694 | 799 | 778 | 1,029 | |
377 | 508 | 569 | 598 | 661 | 688 | 661 | 521 | 684 | 712 | 700 | 939 | |
Operating Profit | 37 | 50 | 53 | 44 | 49 | 60 | 60 | 28 | 10 | 87 | 78 | 90 |
OPM % | 9% | 9% | 9% | 7% | 7% | 8% | 8% | 5% | 1% | 11% | 10% | 9% |
4 | -1 | -2 | 6 | 7 | 13 | 4 | 5 | 32 | 52 | 7 | 6 | |
Interest | 16 | 13 | 13 | 18 | 23 | 35 | 29 | 28 | 29 | 45 | 52 | 45 |
Depreciation | 4 | 6 | 6 | 6 | 7 | 8 | 10 | 10 | 24 | 25 | 26 | 26 |
Profit before tax | 21 | 30 | 32 | 26 | 26 | 29 | 26 | -6 | -11 | 68 | 7 | 25 |
Tax % | 31% | 28% | 29% | 31% | 33% | 33% | 17% | 5% | 49% | 9% | 97% | 37% |
15 | 21 | 25 | 18 | 17 | 20 | 21 | -6 | -17 | 63 | 0 | 16 | |
EPS in Rs | 13.12 | 18.73 | 21.09 | 15.37 | 14.34 | 16.23 | 17.43 | -5.04 | -13.54 | 51.29 | 0.18 | 12.06 |
Dividend Payout % | 8% | 5% | 6% | 8% | 8% | 7% | -0% | -0% | -0% | -0% | -0% | -0% |
Compounded Sales Growth | |
---|---|
10 Years: | 6% |
5 Years: | 7% |
3 Years: | 14% |
TTM: | 32% |
Compounded Profit Growth | |
---|---|
10 Years: | -4% |
5 Years: | -6% |
3 Years: | 43% |
TTM: | 8121% |
Stock Price CAGR | |
---|---|
10 Years: | 4% |
5 Years: | 43% |
3 Years: | 59% |
1 Year: | 92% |
Return on Equity | |
---|---|
10 Years: | 5% |
5 Years: | 3% |
3 Years: | 7% |
Last Year: | 4% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
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 | 145 | 166 | 211 | 254 | 363 | 383 | 335 | 328 | 311 | 376 | 378 | 436 |
171 | 204 | 222 | 265 | 348 | 383 | 441 | 437 | 478 | 501 | 517 | 479 | |
53 | 92 | 100 | 88 | 187 | 140 | 117 | 126 | 142 | 123 | 190 | 245 | |
Total Liabilities | 380 | 473 | 544 | 619 | 910 | 917 | 904 | 903 | 943 | 1,012 | 1,097 | 1,172 |
66 | 67 | 75 | 87 | 97 | 114 | 125 | 187 | 194 | 199 | 179 | 159 | |
CWIP | 4 | 6 | 9 | 8 | 25 | 10 | 11 | 8 | 8 | -0 | 1 | 3 |
Investments | 39 | 38 | 38 | 43 | 127 | 123 | 47 | 38 | 6 | 54 | 43 | 44 |
272 | 362 | 422 | 481 | 661 | 670 | 721 | 669 | 735 | 758 | 873 | 966 | |
Total Assets | 380 | 473 | 544 | 619 | 910 | 917 | 904 | 903 | 943 | 1,012 | 1,097 | 1,172 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-21 | -21 | -12 | -2 | -56 | 8 | -7 | 26 | 46 | 12 | 66 | 44 | |
-2 | -8 | -14 | -21 | -28 | -1 | -12 | -24 | -46 | -22 | -21 | -14 | |
51 | 22 | 23 | 45 | 65 | 3 | 31 | -35 | 16 | -14 | -26 | -45 | |
Net Cash Flow | 27 | -7 | -2 | 22 | -20 | 10 | 12 | -32 | 16 | -25 | 18 | -15 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
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 | 25 | 60 | 53 | 52 | 98 | 60 | 64 | 93 | 68 | 59 | 68 | 67 |
Inventory Days | 238 | 204 | 243 | 248 | 280 | 327 | 369 | 464 | 401 | 423 | 496 | 372 |
Days Payable | 42 | 57 | 61 | 51 | 122 | 83 | 67 | 113 | 101 | 74 | 134 | 121 |
Cash Conversion Cycle | 221 | 207 | 235 | 249 | 256 | 304 | 366 | 444 | 367 | 408 | 429 | 317 |
Working Capital Days | 157 | 153 | 170 | 190 | 220 | 222 | 250 | 339 | 276 | 268 | 282 | 229 |
ROCE % | 13% | 13% | 12% | 9% | 8% | 9% | 7% | 3% | 2% | 13% | 7% | 8% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Newspaper Publication
1d - 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.
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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.
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
5 Jul - Certificate confirming timely dematerialization processing for quarter ended June 30, 2025.
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Closure of Trading Window
30 Jun - Trading window closed from July 1 till 48 hours post Q1 results announcement.
Annual reports
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Financial Year 2024
from bse
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
from nse
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Financial Year 2013
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Financial Year 2012
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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.