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 77.4
- Book Value ₹ 363
- Dividend Yield 0.00 %
- ROCE 8.05 %
- ROE 2.87 %
- Face Value ₹ 10.0
Pros
- Company is expected to give good quarter
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 2.30% 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 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 558 | 622 | 642 | 711 | 748 | 721 | 548 | 694 | 799 | 778 | 1,029 | 1,358 | |
| 508 | 569 | 598 | 661 | 688 | 661 | 521 | 684 | 712 | 700 | 928 | 1,255 | |
| Operating Profit | 50 | 53 | 44 | 49 | 60 | 60 | 28 | 10 | 87 | 78 | 101 | 103 |
| OPM % | 9% | 9% | 7% | 7% | 8% | 8% | 5% | 1% | 11% | 10% | 10% | 8% |
| -1 | -2 | 6 | 7 | 13 | 4 | 5 | 32 | 52 | 7 | 6 | 2 | |
| Interest | 13 | 13 | 18 | 23 | 35 | 29 | 28 | 29 | 45 | 52 | 56 | 50 |
| Depreciation | 6 | 6 | 6 | 7 | 8 | 10 | 10 | 24 | 25 | 26 | 26 | 27 |
| Profit before tax | 30 | 32 | 26 | 26 | 29 | 26 | -6 | -11 | 68 | 7 | 25 | 29 |
| Tax % | 28% | 29% | 31% | 33% | 33% | 17% | 5% | 49% | 9% | 97% | 37% | 54% |
| 21 | 25 | 18 | 17 | 20 | 21 | -6 | -17 | 63 | 0 | 16 | 13 | |
| EPS in Rs | 18.73 | 21.09 | 15.37 | 14.34 | 16.23 | 17.43 | -5.04 | -13.54 | 51.29 | 0.18 | 12.06 | 10.02 |
| Dividend Payout % | 5% | 6% | 8% | 8% | 7% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 8% |
| 5 Years: | 20% |
| 3 Years: | 19% |
| TTM: | 32% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | -7% |
| 5 Years: | 33% |
| 3 Years: | -40% |
| TTM: | -15% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 4% |
| 5 Years: | 30% |
| 3 Years: | 49% |
| 1 Year: | 6% |
| Return on Equity | |
|---|---|
| 10 Years: | 4% |
| 5 Years: | 4% |
| 3 Years: | 2% |
| Last Year: | 3% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| 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 | 166 | 211 | 254 | 363 | 383 | 335 | 328 | 311 | 376 | 378 | 436 | 474 |
| 204 | 222 | 265 | 348 | 383 | 441 | 437 | 478 | 501 | 517 | 479 | 542 | |
| 92 | 100 | 88 | 187 | 140 | 117 | 126 | 142 | 123 | 190 | 244 | 329 | |
| Total Liabilities | 473 | 544 | 619 | 910 | 917 | 904 | 903 | 943 | 1,012 | 1,097 | 1,172 | 1,359 |
| 67 | 75 | 87 | 97 | 114 | 125 | 187 | 194 | 199 | 179 | 159 | 150 | |
| CWIP | 6 | 9 | 8 | 25 | 10 | 11 | 8 | 8 | 0 | 1 | 3 | 12 |
| Investments | 38 | 38 | 43 | 127 | 123 | 47 | 38 | 6 | 54 | 43 | 44 | 27 |
| 362 | 422 | 481 | 661 | 670 | 721 | 669 | 735 | 758 | 873 | 966 | 1,170 | |
| Total Assets | 473 | 544 | 619 | 910 | 917 | 904 | 903 | 943 | 1,012 | 1,097 | 1,172 | 1,359 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -21 | -12 | -2 | -56 | 8 | -7 | 26 | 46 | 12 | 66 | 44 | ||
| -8 | -14 | -21 | -28 | -1 | -12 | -24 | -46 | -22 | -21 | -14 | ||
| 22 | 23 | 45 | 65 | 3 | 31 | -35 | 16 | -14 | -26 | -45 | ||
| Net Cash Flow | -7 | -2 | 22 | -20 | 10 | 12 | -32 | 16 | -25 | 18 | -15 | |
| Free Cash Flow | -33 | -29 | -24 | -90 | -3 | -18 | 9 | 18 | -10 | 59 | 37 | |
| CFO/OP | -29% | -3% | 19% | -101% | 25% | -0% | 112% | 515% | 15% | 94% | 50% |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| 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 | 60 | 53 | 52 | 98 | 60 | 64 | 93 | 68 | 59 | 68 | 67 | 73 |
| Inventory Days | 204 | 243 | 248 | 280 | 327 | 369 | 464 | 401 | 423 | 496 | 372 | 309 |
| Days Payable | 57 | 61 | 51 | 122 | 83 | 67 | 113 | 101 | 74 | 134 | 121 | 120 |
| Cash Conversion Cycle | 207 | 235 | 249 | 256 | 304 | 366 | 444 | 367 | 408 | 429 | 317 | 262 |
| Working Capital Days | 44 | 62 | 59 | 70 | 68 | 61 | 134 | 115 | 115 | 89 | 83 | 81 |
| ROCE % | 13% | 12% | 9% | 8% | 9% | 7% | 3% | 2% | 13% | 7% | 9% | 8% |
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 |
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| Leather Garments Production Capacity Units/Annum |
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| Number of Manufacturing Units Count |
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| Number of Permanent Employees Count ・Standalone data |
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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 |
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Extracted by Screener AI
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Newspaper Publication
1d - 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
2d - 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
2d - 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
2d - 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.