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Bharat Gears BHARATGEAR.NS · INR

Consumer Discretionary · NSE · 🇮🇳 India

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99.62

+1.10%

Close of 9 Nov 2026, in INR

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Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.

At a glance

Figures in INR, from our data supplier.

FY2026

Revenue

₹7.84bn

FY2017FY2026

Net income

₹165.0m

FY2017FY2026

Free cash flow

₹81.7m

FY2017FY2026

Shareholders' equity

₹1.31bn

FY2017FY2026

Income statement

Fiscal years

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Revenue₹7.84bn₹6.48bn₹6.45bn₹7.57bn₹7.20bn₹4.91bn₹4.52bn₹5.75bn₹4.94bn₹4.06bn
Operating income₹297.0m₹210.1m₹11.3m₹318.8m₹457.9m₹117.3m−₹65.5m₹369.8m₹253.8m₹115.2m
Net income₹165.0m₹31.9m−₹97.4m₹134.8m₹258.4m−₹77.0m−₹187.8m₹125.3m₹63.0m−₹14.6m
Diluted earnings per share10.752.09-6.348.8016.86-5.29-12.978.664.80-1.11

Balance sheet

At each fiscal year end

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Total assets₹4.01bn₹3.64bn₹3.85bn₹4.07bn₹4.04bn₹3.84bn₹3.74bn₹4.20bn₹3.66bn₹2.91bn
Cash and short-term investments₹7.7m₹104.1m₹35.1m₹3.8m₹41.3m₹18.6m₹22.6m₹22.3m₹18.9m₹8.7m
Total liabilities₹2.70bn₹2.52bn₹2.75bn₹2.87bn₹2.95bn₹3.10bn₹2.95bn₹3.31bn₹2.88bn₹2.24bn
Debt₹728.9m₹796.6m₹1.13bn₹1.16bn₹1.07bn₹1.18bn₹1.52bn₹1.62bn₹1.34bn₹1.12bn
Shareholders' equity₹1.31bn₹1.13bn₹1.11bn₹1.21bn₹1.08bn₹738.1m₹795.7m₹884.9m₹778.2m₹664.8m
Shares outstanding15m15m15m15m15m15m14m14m13m13m

Cash flow

Fiscal years

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Cash from operations₹191.3m₹489.7m₹466.0m₹419.6m₹302.8m₹590.3m₹535.6m₹501.2m₹61.3m₹202.6m
Capital spending−₹109.6m−₹139.5m−₹144.9m−₹260.0m−₹47.6m−₹41.4m−₹304.9m−₹556.7m−₹214.1m−₹58.2m
Free cash flow₹81.7m₹350.3m₹321.0m₹159.6m₹255.2m₹548.9m₹230.7m−₹55.6m−₹152.8m₹144.4m
Dividends paid−₹15,000−₹1,000——−₹224,000−₹307,000−₹9.5m−₹9.5m−₹586,000−₹191,000

Latest quarters

By quarter end

Jun 2026Mar 2026Dec 2025Sept 2025Jun 2025Mar 2025Dec 2024Sept 2024
Revenue₹2.16bn₹2.10bn₹1.89bn₹2.05bn₹1.80bn₹1.75bn₹1.42bn₹1.65bn
Operating income₹30.4m₹80.9m₹62.7m₹148.4m₹40.8m₹68.5m−₹86.1m₹17.4m
Net income₹1.5m₹50.7m₹25.7m₹72.2m₹16.5m₹17.1m−₹102.9m₹135.8m
Diluted earnings per share0.103.301.684.721.081.12-6.708.84
Cash from operations———₹170.0m—₹489.0m—₹196.0m
Capital spending———−₹54.0m—−₹139.0m—−₹40.0m
Free cash flow———₹116.0m—₹350.0m—₹156.0m
Total assets—₹4.01bn—₹4.05bn—₹3.64bn—₹4.15bn
Cash and short-term investments₹607,000₹77.4m₹128.5m₹139.2m₹648,000₹104.1m₹123.0m₹270.9m
Debt—₹619.6m—₹786.3m—₹796.6m—₹1.07bn
Shareholders' equity₹1.31bn₹1.31bn₹1.22bn₹1.22bn₹1.13bn₹1.13bn₹1.22bn₹1.22bn

Financial ratios

Data as of 2 Nov 2026

FY2026FY2025FY2024FY2023FY2022FY2021
Operating margin4.6%3.2%0.3%4.2%6.9%2.3%
Net margin2.1%0.5%-1.5%1.8%3.6%-1.6%
Return on equity12.6%2.8%-8.8%11.2%23.9%-10.4%
Return on assets4.1%0.9%-2.5%3.3%6.4%-2.0%
Free cash flow yield20.3%42.6%41.2%45.9%23.7%45.0%
Revenue growth21.1%0.4%-14.8%5.1%46.7%8.7%
Earnings growth417.7%-132.7%-172.2%-47.8%-435.6%-59.0%
Current ratio1.23x1.22x1.27x1.44x1.33x1.09x
Debt to equity0.47x0.58x0.87x0.88x0.95x1.53x
Equity ratio32.7%31.0%28.7%29.6%26.8%19.2%
Interest coverage2.57x1.23x0.09x1.87x2.76x0.51x
Buybacks as a share of market value-0.4%0.4%-0.2%0.0%-5.3%-0.5%

Growth per year

Compound annual rate

3 years5 years10 years
Revenue1.2%9.8%7.0%
Operating income-2.3%20.4%7.6%
Net income7.0%—52.7%

Average margins

Over each period

1 year3 years5 years10 years
Operating margin3.5%3.0%3.5%3.5%
Net margin1.4%0.8%1.0%0.6%

Valuation history

At each fiscal year end

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Price to earnings9.352.6-15.613.17.5-18.4-3.95.921.2-113.6
Price to sales0.20.30.20.20.30.30.20.10.30.4

Dividends and splits

Per share, in the currency the company pays

Paid for 0 years. Last went ex-dividend on 29 Jul 2019.

FY2020FY2015FY2014FY2013FY2012FY2011FY2010FY2009
Paid in the year0.6430.6111.1011.1010.9170.7340.6110.611
  • 3-for-2 split · 27 Sept 2022

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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