Bhartiya International Ltd
Incorporated in 1987, Bhartiya International manufactures and trades leather products
& textile products[1]
- Market Cap ₹ 998 Cr.
- Current Price ₹ 817
- High / Low ₹ 830 / 246
- Stock P/E 2,433
- Book Value ₹ 334
- Dividend Yield 0.00 %
- ROCE 6.61 %
- ROE 0.05 %
- Face Value ₹ 10.0
Pros
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 0.78% over past five years.
- Company has a low return on equity of 4.29% 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.
Peer comparison
Sector: Leather Industry: Leather / Leather Products
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
303 | 414 | 558 | 622 | 642 | 711 | 748 | 721 | 548 | 694 | 799 | 778 | 903 | |
277 | 377 | 508 | 569 | 598 | 661 | 688 | 661 | 521 | 684 | 712 | 700 | 835 | |
Operating Profit | 26 | 37 | 50 | 53 | 44 | 49 | 60 | 60 | 28 | 10 | 87 | 78 | 69 |
OPM % | 9% | 9% | 9% | 9% | 7% | 7% | 8% | 8% | 5% | 1% | 11% | 10% | 8% |
3 | 4 | -1 | -2 | 6 | 7 | 13 | 4 | 5 | 32 | 52 | 7 | 9 | |
Interest | 12 | 16 | 13 | 13 | 18 | 23 | 35 | 29 | 28 | 29 | 45 | 52 | 44 |
Depreciation | 3 | 4 | 6 | 6 | 6 | 7 | 8 | 10 | 10 | 24 | 25 | 26 | 25 |
Profit before tax | 14 | 21 | 30 | 32 | 26 | 26 | 29 | 26 | -6 | -11 | 68 | 7 | 8 |
Tax % | 30% | 31% | 28% | 29% | 31% | 33% | 33% | 17% | 5% | 49% | 9% | 97% | |
10 | 15 | 21 | 25 | 18 | 17 | 20 | 21 | -6 | -17 | 63 | 0 | 0 | |
EPS in Rs | 9.17 | 13.12 | 18.73 | 21.09 | 15.37 | 14.34 | 16.23 | 17.43 | -5.04 | -13.54 | 51.29 | 0.18 | 0.35 |
Dividend Payout % | 11% | 8% | 5% | 6% | 8% | 8% | 7% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | 6% |
5 Years: | 1% |
3 Years: | 12% |
TTM: | 22% |
Compounded Profit Growth | |
---|---|
10 Years: | -35% |
5 Years: | -60% |
3 Years: | 27% |
TTM: | -99% |
Stock Price CAGR | |
---|---|
10 Years: | 7% |
5 Years: | 43% |
3 Years: | 53% |
1 Year: | 113% |
Return on Equity | |
---|---|
10 Years: | 5% |
5 Years: | 3% |
3 Years: | 4% |
Last Year: | 0% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 11 | 11 | 11 | 12 | 12 | 12 | 12 | 12 | 12 | 12 | 12 | 12 | 12 |
Reserves | 131 | 145 | 166 | 211 | 254 | 363 | 383 | 335 | 328 | 311 | 376 | 378 | 395 |
104 | 171 | 204 | 222 | 265 | 348 | 383 | 441 | 437 | 478 | 501 | 517 | 515 | |
44 | 53 | 92 | 100 | 88 | 187 | 140 | 117 | 126 | 142 | 123 | 190 | 264 | |
Total Liabilities | 290 | 380 | 473 | 544 | 619 | 910 | 917 | 904 | 903 | 943 | 1,012 | 1,097 | 1,187 |
66 | 66 | 67 | 75 | 87 | 97 | 114 | 125 | 187 | 194 | 199 | 179 | 168 | |
CWIP | 0 | 4 | 6 | 9 | 8 | 25 | 10 | 11 | 8 | 8 | 0 | 1 | 3 |
Investments | 41 | 39 | 38 | 38 | 43 | 127 | 123 | 47 | 38 | 6 | 54 | 43 | 31 |
184 | 272 | 362 | 422 | 481 | 661 | 670 | 721 | 669 | 735 | 758 | 873 | 984 | |
Total Assets | 290 | 380 | 473 | 544 | 619 | 910 | 917 | 904 | 903 | 943 | 1,012 | 1,097 | 1,187 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-6 | -21 | -21 | -12 | -2 | -56 | 8 | -7 | 26 | 46 | 12 | 66 | |
-9 | -2 | -8 | -14 | -21 | -28 | -1 | -12 | -24 | -46 | -22 | -21 | |
18 | 51 | 22 | 23 | 45 | 65 | 3 | 31 | -35 | 16 | -14 | -26 | |
Net Cash Flow | 4 | 27 | -7 | -2 | 22 | -20 | 10 | 12 | -32 | 16 | -25 | 18 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 45 | 25 | 60 | 53 | 52 | 98 | 60 | 64 | 93 | 68 | 59 | 68 |
Inventory Days | 211 | 238 | 204 | 243 | 248 | 280 | 327 | 369 | 464 | 401 | 423 | 496 |
Days Payable | 56 | 42 | 57 | 61 | 51 | 122 | 83 | 67 | 113 | 101 | 74 | 134 |
Cash Conversion Cycle | 200 | 221 | 207 | 235 | 249 | 256 | 304 | 366 | 444 | 367 | 408 | 429 |
Working Capital Days | 150 | 157 | 153 | 170 | 190 | 220 | 222 | 250 | 339 | 276 | 268 | 282 |
ROCE % | 12% | 13% | 13% | 12% | 9% | 8% | 9% | 7% | 3% | 2% | 13% | 7% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Newspaper Publication
14 Nov - Newspaper Publication of Un-audited Financial Results (Standalone & Consolidated) of the Company for the quarter and half year ended 30th September, 2024.
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Announcement under Regulation 30 (LODR)-Investor Presentation
13 Nov - Investors Presentation on Standalone and Consolidated Financial Results of the Company for the quarter and half year ended 30.09.2024
- Unaudited Financial Results (Standalone & Consolidated) Of The Company For The Quarter And Half Year Ended 30Th September, 2024 12 Nov
-
Board Meeting Outcome for OUTCOME OF BOARD MEETING
12 Nov - Approved unaudited financial results for Q2 FY2024.
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
6 Nov - Submission of Newspaper Publication of Notice for Intimation of Board Meeting
Annual reports
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Financial Year 2024
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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][2]
Company sources leather from India, Europe, Middle East, Latin America and other Asia Pacific counties, and exports leather garments and accessories to US, Canada, Switzerland, Italy, France, Spain, and Austria, etc. Besides leather products, company also trades in textile apparels for which designing, raw material procurement and marketing activities are done in-house, while production is outsourced to manufacturers in China and Bangladesh.