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Bharat Rasayan BHARATRAS.NS · INR

Materials · NSE · 🇮🇳 India

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970.35

-0.01%

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

₹12.42bn

FY2017FY2026

Net income

₹1.46bn

FY2017FY2026

Free cash flow

₹545.2m

FY2017FY2026

Shareholders' equity

₹12.75bn

FY2017FY2026

Income statement

Fiscal years

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Revenue₹12.42bn₹11.73bn₹10.45bn₹12.34bn₹12.95bn₹10.80bn₹12.15bn₹9.83bn₹7.89bn₹6.12bn
Gross profit₹3.19bn₹3.96bn₹3.24bn₹3.95bn₹3.69bn₹3.30bn₹2.52bn₹2.00bn₹2.21bn₹1.63bn
Research and development₹31.3m₹32.8m₹22.3m₹24.2m₹16.9m₹25.6m₹13.7m₹15.8m₹9.5m₹8.1m
Operating income₹1.98bn₹1.74bn₹914.8m₹1.80bn₹2.41bn₹2.19bn₹2.20bn₹1.71bn₹1.42bn₹963.7m
Net income₹1.46bn₹1.41bn₹955.1m₹1.25bn₹1.76bn₹1.64bn₹1.58bn₹1.12bn₹983.1m₹545.3m
Diluted earnings per share87.6784.78114.93149.96211.76197.20185.51131.25115.7064.18

Balance sheet

At each fiscal year end

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Total assets₹14.33bn₹14.08bn₹11.97bn₹10.74bn₹10.86bn₹9.08bn₹7.52bn₹7.56bn₹5.04bn₹3.69bn
Cash and short-term investments₹2.73bn₹2.86bn₹1.41bn₹486.0m₹66.9m₹1.39bn₹455.6m₹55.1m₹12.3m₹10.5m
Total liabilities₹1.58bn₹2.78bn₹2.10bn₹1.80bn₹3.16bn₹1.81bn₹1.88bn₹3.47bn₹2.05bn₹1.69bn
Debt₹12.3m₹852.2m₹804.7m₹279.4m₹1.74bn₹584.5m₹938.6m₹2.47bn₹1.28bn₹1.15bn
Shareholders' equity₹12.75bn₹11.30bn₹9.88bn₹8.93bn₹7.70bn₹7.27bn₹5.64bn₹4.09bn₹2.98bn₹2.01bn
Shares outstanding17m17m8m8m8m8m8m8m8m8m

Cash flow

Fiscal years

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Cash from operations₹1.28bn₹1.68bn₹410.8m₹2.13bn−₹654.6m₹1.70bn₹2.63bn−₹523.2m₹288.1m₹157.8m
Capital spending−₹735.0m−₹356.9m−₹270.6m−₹235.2m−₹557.1m−₹304.4m−₹584.5m−₹477.7m−₹409.6m−₹125.0m
Free cash flow₹545.2m₹1.32bn₹140.2m₹1.90bn−₹1.21bn₹1.40bn₹2.04bn−₹1.00bn−₹121.5m₹32.8m
Dividends paid−₹6.2m−₹6.2m−₹6.2m−₹6.2m−₹6.2m−₹6.4m−₹6.4m−₹6.4m−₹6.4m−₹5.1m

Latest quarters

By quarter end

Jun 2026Mar 2026Dec 2025Sept 2025Jun 2025Mar 2025Dec 2024Sept 2024
Revenue₹3.38bn₹3.08bn₹2.70bn₹2.86bn₹3.77bn₹3.07bn₹2.56bn₹3.28bn
Gross profit₹840.0m₹836.9m₹721.0m₹609.3m₹1.31bn₹1.00bn₹985.4m₹1.04bn
Operating income₹437.1m₹433.2m₹374.5m₹356.5m₹667.8m₹357.8m₹527.7m₹483.6m
Net income₹372.3m₹381.5m₹400.3m₹278.8m₹396.6m₹251.3m₹405.3m₹321.4m
Diluted earnings per share22.4022.9524.0816.7723.8615.1248.7738.67
Cash from operations—————₹1.72bn—₹749.0m
Capital spending———−₹161.0m—−₹356.0m—−₹251.0m
Free cash flow—————₹1.36bn—₹498.0m
Total assets—₹14.33bn—₹14.56bn—₹14.08bn—₹12.94bn
Cash and short-term investments₹2.73bn₹2.73bn₹2.79bn₹2.79bn₹2.86bn₹2.86bn₹1.66bn₹1.66bn
Debt—₹12.3m—₹904.4m—₹852.2m—₹630.6m
Shareholders' equity₹12.75bn₹12.75bn₹11.97bn₹11.97bn₹11.30bn₹11.30bn₹10.64bn₹10.64bn

Financial ratios

Data as of 24 Sept 2026

FY2026FY2025FY2024FY2023FY2022FY2021
Gross margin25.7%33.8%31.0%32.0%28.5%30.5%
Operating margin15.9%14.8%8.8%14.6%18.6%20.3%
Net margin11.7%12.0%9.1%10.1%13.6%15.2%
Return on equity11.4%12.5%9.7%13.9%22.9%22.5%
Return on assets10.2%10.0%8.0%11.6%16.2%18.0%
Free cash flow yield10.9%11.0%7.4%25.6%-1.1%21.7%
Revenue growth5.9%12.3%-15.4%-4.7%19.9%-11.1%
Earnings growth3.4%47.5%-23.4%-29.2%7.4%4.0%
Current ratio7.78x4.19x4.60x4.64x2.62x3.82x
Debt to equity0.00x0.08x0.08x0.03x0.23x0.08x
Equity ratio89.0%80.2%82.5%83.2%70.9%80.1%
Interest coverage43.13x36.87x30.91x32.43x36.77x56.23x
R&D as a share of sales0.3%0.3%0.2%0.2%0.1%0.2%
Buybacks as a share of market value0.0%-100.0%-0.0%0.0%-0.0%2.2%

Growth per year

Compound annual rate

3 years5 years10 years
Revenue0.2%2.8%10.5%
Operating income3.3%-2.0%14.4%
Net income5.4%-2.3%15.7%

Average margins

Over each period

1 year3 years5 years10 years
Gross margin29.6%30.6%30.2%27.9%
Operating margin15.4%13.7%15.6%16.0%
Net margin11.9%10.8%12.0%11.7%

Valuation history

At each fiscal year end

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Price to earnings11.026.321.915.011.714.813.112.011.616.3
Price to sales1.33.22.01.51.62.21.71.41.41.4

Dividends and splits

Per share, in the currency the company pays

Paid for 12 years. Last went ex-dividend on 17 Sept 2026.

FY2027FY2026FY2025FY2024FY2023FY2022FY2021FY2020
Paid in the year0.500.3750.3750.3750.3750.3750.3750.375
  • 2-for-1 split · 12 Dec 2025

Sources and methodology

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

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