Arthneeti

Bharat Gears Share Price & Earnings Call Analysis

₹96.73+0.16% today
Market cap
₹149 Cr
P/E
12.50
ROE
13.40%
PEG
1.90
Price to sales
0.18
Debt to equity
0.56
52W high / low
₹137 / ₹86.2
Sales growth (5Y)
9.29%
EBITDA margin
5.43%
Net profit margin
2.09%
Promoter holding
55.33%
Sales (last year)
₹853 Cr

Potential multibaggers · Q2 FY27

This quarter's potential multibaggers
on management's own guidance

  1. Strong growth
    2
  2. Strong growth
    1
  3. Strong growth
    3
See all potential multibaggersWhere does Bharat Gears rank?

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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.

Bharat Gears announcements

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Financials of Bharat Gears

Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.

Shareholder Pattern

Bharat Gears

Shareholding breakup across reporting periods.

Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026
Promoters +55.32%55.32%55.32%55.32%55.32%55.32%55.32%55.32%55.33%55.33%55.33%55.33%
FIIs +1.23%1.31%1.27%1.25%1.23%1.26%1.23%1.23%1.39%1.41%1.35%1.23%
DIIs +0.03%0.03%0.03%0.03%0.03%0.03%0.03%0.03%0.03%0.03%0.00%0.00%
Public +43.42%43.34%43.37%43.39%43.42%43.39%43.41%43.42%43.26%43.23%43.32%43.44%
No. of Shareholders24,49224,81325,08324,95824,88424,76324,59725,97624,16023,21222,70322,453

Financials of Bharat Gears

Quarterly Results

Quarter-by-quarter operating performance

Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026
Sales +179.02142.78170.77166.01164.58142.08174.86179.80204.74189.35210.29215.65238.17
Expenses +172.11141.99163.47158.48156.85144.65162.27169.96187.70177.36196.89207.53225.35
Operating Profit6.910.797.307.537.73-2.5712.599.8417.0411.9913.408.1212.82
OPM %3.86%0.55%4.27%4.54%4.70%-1.81%7.20%5.47%8.32%6.33%6.37%3.77%5.38%
Other Income +0.741.990.480.2918.120.280.661.781.900.522.140.410.93
Interest4.384.334.354.394.334.304.053.663.593.373.393.253.49
Depreciation5.715.625.675.865.996.045.755.755.795.725.315.084.82
Profit before tax-2.44-7.17-2.24-2.4315.53-12.633.452.219.563.426.840.205.44
Tax %-29.10%-23.29%-22.32%-25.51%12.56%-18.53%50.72%24.89%24.37%24.85%25.88%25.00%24.63%
Net Profit +-1.73-5.50-1.74-1.8113.58-10.291.711.657.222.575.070.154.10
EPS in Rs-1.13-3.58-1.13-1.188.84-6.701.111.074.701.673.300.102.67

Financials of Bharat Gears

Profit & Loss

Annual income statement trend

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales +415398407508594463503729766663648784853
Expenses +393367379465536444467664720639622732807
Operating Profit22312843591936664624255246
OPM %5%8%7%8%10%4.0%7%9%6%3.6%3.9%7%5%
Other Income +22124517931964
Interest16161517222223181717171414
Depreciation14161718222724202023242321
Profit before tax-61-2919-25-103418-1342216
Tax %-35%54%-36%32%36%-24%-20%24%23%-24%19%25%
Net Profit +-40-1613-19-82613-1031612
EPS in Rs-2.860.16-0.994.128.19-12.19-5.0016.788.78-6.342.0810.757.74
Dividend Payout %0%0%0%0%6%0%0%0%0%0%0%9%

Financials of Bharat Gears

Balance Sheet

Capital structure and asset base

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026Sep 2026
Equity Capital8888899101515151515
Reserves63635970807065981059598116119
Borrowings +10098112134162152118107116113807376
Other Liabilities +12599112154170143192189171162172197250
Total Liabilities295268291366420374384404407385364401459
Fixed Assets +129115103113145150134118132133128116120
CWIP23221021125243
Investments0000000011113
Other Assets +165150186250264222249285272247232280334
Total Assets295268291366420374384404407385364401459

Financials of Bharat Gears

Cash Flows

Operating, investing and financing cash movement

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity +20232065054593042474929
Cash from Investing Activity +-5-7-5-21-56-29-2-5-26-132-8
Cash from Financing Activity +-15-16-1827-5-20-57-32-3-37-51-31
Net Cash Flow-00-312-1140-713-40-10
Free Cash Flow151615-15-523552616335219
CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit93%77%66%16%100%287%166%53%102%203%189%61%

Financials of Bharat Gears

Ratios

Working capital efficiency and return ratios

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days635883927181777258645553
Inventory Days1201121231191251201338989849989
Days Payable178148175181155167229148118124135132
Cash Conversion Cycle62231304133-201330241911
Working Capital Days-841321112102834211619
ROCE %6%10%7%13%18%-1%6%24%15%2%2%18%