Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.
Financials of Bharat Agri Fert & Realty Ltd
Quarter-by-quarter operating performance
| Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 5.55 | 7.44 | 6.51 | 5.04 | 5.67 | 5.04 | 5.55 | 6.57 | 6.17 | 7.06 | 5.56 | 5.38 | 5.35 |
| Expenses + | 7.41 | 8.62 | 7.54 | 6.07 | 7.07 | 4.25 | 5.32 | 7.09 | 6.54 | 4.47 | 3.83 | 4.48 | 5.77 |
| Operating Profit | -1.86 | -1.18 | -1.03 | -1.03 | -1.40 | 0.79 | 0.23 | -0.52 | -0.37 | 2.59 | 1.73 | 0.90 | -0.42 |
| OPM % | -33.51% | -15.86% | -15.82% | -20.44% | -24.69% | 15.67% | 4.14% | -7.91% | -6.00% | 36.69% | 31.12% | 16.73% | -7.85% |
| Other Income + | 0.39 | 0.70 | 0.70 | 0.36 | -1.51 | 7.40 | 0.80 | 0.47 | 0.86 | 5.16 | 1.21 | 0.34 | 0.14 |
| Interest | 0.96 | 0.97 | 0.89 | 0.77 | 0.38 | 1.65 | 0.88 | 1.13 | 0.89 | 2.74 | 1.77 | 1.96 | 2.08 |
| Depreciation | 0.88 | 0.87 | 0.86 | 0.89 | 0.88 | 1.21 | 0.97 | 1.11 | 1.15 | 1.27 | 1.39 | 1.42 | 1.96 |
| Profit before tax | -3.31 | -2.32 | -2.08 | -2.33 | -4.17 | 5.33 | -0.82 | -2.29 | -1.55 | 3.74 | -0.22 | -2.14 | -4.32 |
| Tax % | 0.91% | -3.45% | 1.44% | -0.43% | 1.92% | -2.63% | -93.90% | -0.87% | -33.55% | -13.90% | 54.55% | -4.67% | -10.19% |
| Net Profit + | -3.35 | -2.23 | -2.10 | -2.32 | -4.25 | 5.47 | -0.05 | -2.27 | -1.03 | 4.27 | -0.34 | -2.04 | -3.88 |
| EPS in Rs | -0.63 | -0.42 | -0.40 | -0.44 | -0.80 | 1.03 | -0.01 | -0.43 | -0.19 | 0.81 | -0.06 | -0.39 | -0.73 |
Financials of Bharat Agri Fert & Realty Ltd
Annual income statement trend
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 78.34 | 57.21 | 51.59 | 43.99 | 33.47 | 45.29 | 22.61 | 25.64 | 23.01 | 29.22 | 22.26 | 25.35 | 23.35 |
| Expenses + | 51.06 | 44.22 | 49.48 | 41.60 | 31.06 | 45.56 | 26.50 | 27.89 | 21.00 | 32.32 | 25.69 | 23.43 | 18.55 |
| Operating Profit | 27.28 | 12.99 | 2.11 | 2.39 | 2.41 | -0.27 | -3.89 | -2.25 | 2.01 | -3.10 | -3.43 | 1.92 | 4.80 |
| OPM % | 34.82% | 22.71% | 4.09% | 5.43% | 7.20% | -0.60% | -17.20% | -8.78% | 8.74% | -10.61% | -15.41% | 7.57% | 20.56% |
| Other Income + | 1.65 | 1.31 | 0.68 | 1.08 | 1.98 | 1.93 | 1.08 | 0.45 | 3.37 | 1.54 | 6.96 | 7.30 | 6.85 |
| Interest | 0.57 | 0.22 | 0.75 | 1.85 | 1.22 | 2.20 | 1.47 | 1.76 | 2.08 | 3.43 | 2.93 | 5.64 | 8.55 |
| Depreciation | 1.55 | 1.89 | 2.19 | 2.60 | 3.00 | 3.08 | 2.68 | 2.32 | 2.73 | 3.32 | 3.84 | 4.50 | 6.04 |
| Profit before tax | 26.81 | 12.19 | -0.15 | -0.98 | 0.17 | -3.62 | -6.96 | -5.88 | 0.57 | -8.31 | -3.24 | -0.92 | -2.94 |
| Tax % | 21.67% | 22.97% | 40.00% | -7.14% | 94.12% | -7.18% | 0.00% | 2.04% | 10.53% | -0.72% | -1.23% | -200.00% | |
| Net Profit + | 20.99 | 9.40 | -0.21 | -0.91 | 0.01 | -3.36 | -6.96 | -6.00 | 0.51 | -8.25 | -3.20 | 0.92 | -1.99 |
| EPS in Rs | 3.97 | 1.78 | -0.04 | -0.17 | 0.00 | -0.64 | -1.32 | -1.13 | 0.10 | -1.56 | -0.61 | 0.17 | -0.37 |
| Dividend Payout % | 6.30% | 8.44% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | -8.27% | 0.00% |
Financials of Bharat Agri Fert & Realty Ltd
Capital structure and asset base
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 5.29 | 5.29 | 5.29 | 5.29 | 5.29 | 5.29 | 5.29 | 5.29 | 5.29 | 5.29 | 5.29 | 5.29 | 5.29 |
| Reserves | 63.16 | 71.60 | 71.39 | 71.98 | 70.93 | 67.67 | 60.76 | 55.04 | 55.72 | 47.42 | 44.04 | 45.13 | 42.85 |
| Borrowings + | 7.06 | 14.71 | 19.74 | 14.31 | 17.48 | 14.70 | 14.47 | 18.24 | 22.95 | 26.96 | 45.12 | 67.16 | 74.59 |
| Other Liabilities + | 20.26 | 15.36 | 23.69 | 18.30 | 17.40 | 26.88 | 15.82 | 16.34 | 15.74 | 15.91 | 13.44 | 29.20 | 57.33 |
| Total Liabilities | 95.77 | 106.96 | 120.11 | 109.88 | 111.10 | 114.54 | 96.34 | 94.91 | 99.70 | 95.58 | 107.89 | 146.78 | 180.06 |
| Fixed Assets + | 18.93 | 17.62 | 21.97 | 23.62 | 26.08 | 23.65 | 21.25 | 19.34 | 26.44 | 29.02 | 31.62 | 34.90 | 35.59 |
| CWIP | 0.00 | 3.45 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 7.26 | 0.00 | 0.00 | 0.53 | 7.19 | 19.82 |
| Investments | 0.02 | 0.02 | 0.88 | 0.88 | 0.88 | 0.37 | 0.37 | 0.37 | 0.40 | 0.35 | 0.99 | 0.31 | 0.63 |
| Other Assets + | 76.82 | 85.87 | 97.26 | 85.38 | 84.14 | 90.52 | 74.72 | 67.94 | 72.86 | 66.21 | 74.75 | 104.38 | 124.02 |
| Total Assets | 95.77 | 106.96 | 120.11 | 109.88 | 111.10 | 114.54 | 96.34 | 94.91 | 99.70 | 95.58 | 107.89 | 146.78 | 180.06 |
Financials of Bharat Agri Fert & Realty Ltd
Operating, investing and financing cash movement
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity + | 12.90 | -8.55 | -16.18 | 10.41 | 10.31 | 0.65 | -0.37 | 9.48 | 7.52 | 5.24 | -14.77 | -7.58 |
| Cash from Investing Activity + | -2.33 | -1.04 | -4.45 | -5.12 | -6.99 | -0.65 | 1.86 | -7.64 | -9.79 | -5.74 | 2.18 | -12.92 |
| Cash from Financing Activity + | -1.26 | 7.41 | 3.34 | -5.27 | 1.22 | -4.55 | -1.50 | -1.76 | 2.20 | 0.57 | 13.57 | 19.56 |
| Net Cash Flow | 9.31 | -2.18 | -17.29 | 0.01 | 4.54 | -4.55 | 0.00 | 0.08 | -0.07 | 0.08 | 0.99 | -0.93 |
| Free Cash Flow | 9.93 | -12.26 | -18.78 | 6.19 | 4.86 | -0.03 | -0.70 | 1.80 | -2.30 | -0.67 | -19.68 | -21.99 |
| CFO/OP | 60% | -48% | -715% | 441% | 437% | -241% | 10% | -421% | 374% | -169% | 426% | -378% |
Financials of Bharat Agri Fert & Realty Ltd
Working capital efficiency and return ratios
| 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 | 57.59 | 69.80 | 104.50 | 106.29 | 130.75 | 102.67 | 187.10 | 146.77 | 157.20 | 11.74 | 6.89 | 21.02 |
| Inventory Days | 363.48 | 496.06 | 603.84 | 596.06 | 879.73 | 714.97 | 1,253.98 | 920.10 | 2,203.70 | 1,607.04 | 4,737.09 | |
| Days Payable | 74.11 | 90.78 | 200.63 | 164.09 | 246.44 | 358.77 | 321.46 | 285.92 | 543.73 | 339.33 | 553.93 | |
| Cash Conversion Cycle | 346.95 | 475.07 | 507.71 | 538.26 | 764.04 | 458.87 | 1,119.62 | 780.94 | 1,817.16 | 1,279.45 | 4,190.04 | 21.02 |
| Working Capital Days | 136.42 | 153.95 | 246.56 | 282.19 | 215.60 | 180.93 | 367.42 | 175.24 | 207.80 | 155.89 | 399.60 | 366.73 |
| ROCE % | 41.62% | 14.85% | 0.65% | 0.90% | 1.50% | -1.53% | -6.53% | -5.18% | 3.15% | -6.12% | -6.57% | 4.45% |