Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.
Financials of Bharat Rasayan
Quarter-by-quarter operating performance
| Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 306 | 239 | 263 | 233 | 310 | 282 | 328 | 256 | 307 | 377 | 286 | 270 | 308 |
| Expenses + | 247 | 234 | 248 | 205 | 240 | 244 | 273 | 215 | 266 | 304 | 253 | 228 | 258 |
| Operating Profit | 59 | 6 | 15 | 28 | 69 | 38 | 55 | 42 | 40 | 73 | 33 | 43 | 50 |
| OPM % | 19% | 2% | 6% | 12% | 22% | 14% | 17% | 16% | 13% | 19% | 12% | 16% | 16% |
| Other Income + | -3 | 2 | 4 | 4 | 11 | 6 | 7 | 7 | 6 | -8 | 9 | 11 | 10 |
| Interest | 1 | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Depreciation | 6 | 6 | 6 | 7 | 6 | 6 | 6 | 7 | 7 | 6 | 6 | 7 | 7 |
| Profit before tax | 48 | 1 | 12 | 24 | 73 | 37 | 54 | 41 | 38 | 58 | 35 | 46 | 52 |
| Tax % | 32% | 46% | 34% | 27% | 23% | 27% | 25% | 27% | 25% | 25% | 24% | 26% | 25% |
| Net Profit + | 33 | 1 | 8 | 17 | 56 | 27 | 40 | 30 | 28 | 44 | 26 | 34 | 39 |
| EPS in Rs | 19.64 | 0.44 | 4.63 | 10.41 | 33.68 | 16.14 | 24.19 | 17.89 | 17.14 | 26.30 | 15.76 | 20.45 | 23.54 |
Financials of Bharat Rasayan
Annual income statement trend
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 438 | 451 | 618 | 792 | 989 | 1,213 | 1,091 | 1,301 | 1,234 | 1,044 | 1,171 | 1,242 |
| Expenses + | 355 | 370 | 508 | 634 | 802 | 983 | 851 | 1,049 | 1,037 | 926 | 996 | 1,043 |
| Operating Profit | 82 | 81 | 111 | 159 | 188 | 230 | 240 | 252 | 197 | 118 | 175 | 199 |
| OPM % | 19% | 18% | 18% | 20% | 19% | 19% | 22% | 19% | 16% | 11% | 15% | 16% |
| Other Income + | 1 | 1 | 2 | 4 | 1 | 14 | 6 | 16 | 15 | 21 | 26 | 22 |
| Interest | 18 | 13 | 12 | 12 | 16 | 16 | 4 | 7 | 6 | 3 | 5 | 5 |
| Depreciation | 18 | 17 | 16 | 16 | 17 | 22 | 26 | 25 | 26 | 26 | 27 | 26 |
| Profit before tax | 48 | 52 | 84 | 135 | 155 | 205 | 216 | 235 | 180 | 109 | 169 | 191 |
| Tax % | 34% | 34% | 35% | 27% | 28% | 23% | 24% | 25% | 27% | 25% | 26% | 25% |
| Net Profit + | 32 | 34 | 55 | 98 | 112 | 158 | 164 | 177 | 131 | 82 | 125 | 143 |
| EPS in Rs | 18.68 | 19.93 | 32.08 | 57.83 | 65.60 | 92.73 | 96.75 | 106.70 | 78.81 | 49.16 | 75.36 | 85.99 |
| Dividend Payout % | 2% | 2% | 1% | 1% | 1% | 0% | 0% | 0% | 0% | 1% | 0% | 0% |
Financials of Bharat Rasayan
Capital structure and asset base
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 8 |
| Reserves | 109 | 142 | 196 | 294 | 405 | 560 | 724 | 768 | 897 | 978 | 1,102 | 1,240 |
| Borrowings + | 140 | 111 | 115 | 128 | 247 | 94 | 58 | 174 | 28 | 80 | 85 | 1 |
| Other Liabilities + | 82 | 69 | 54 | 77 | 100 | 94 | 122 | 142 | 152 | 129 | 193 | 157 |
| Total Liabilities | 335 | 326 | 369 | 504 | 756 | 752 | 908 | 1,087 | 1,082 | 1,192 | 1,385 | 1,406 |
| Fixed Assets + | 137 | 136 | 131 | 148 | 150 | 203 | 191 | 228 | 225 | 230 | 230 | 246 |
| CWIP | 2 | 1 | 1 | 7 | 35 | 18 | 18 | 11 | 11 | 6 | 15 | 46 |
| Investments | 30 | 20 | 0 | 0 | 0 | 9 | 151 | 45 | 75 | 137 | 275 | 298 |
| Other Assets + | 167 | 169 | 237 | 349 | 570 | 522 | 549 | 803 | 771 | 818 | 865 | 816 |
| Total Assets | 335 | 326 | 369 | 504 | 756 | 752 | 908 | 1,087 | 1,082 | 1,192 | 1,385 | 1,406 |
Financials of Bharat Rasayan
Operating, investing and financing cash movement
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity + | 60 | 47 | 16 | 29 | -52 | 263 | 170 | -65 | 213 | 41 | 172 | |
| Cash from Investing Activity + | -41 | -5 | 8 | -31 | -46 | -53 | -149 | 64 | -43 | -76 | -148 | |
| Cash from Financing Activity + | -19 | -43 | -24 | 2 | 102 | -169 | -40 | -25 | -152 | 49 | -1 | |
| Net Cash Flow | -0 | -1 | -0 | 0 | 4 | 40 | -19 | -26 | 18 | 14 | 23 | |
| Free Cash Flow | 46 | 32 | 3 | -3 | -100 | 204 | 160 | -121 | 191 | 14 | 137 | |
| CFO/OP | 88% | 80% | 36% | 42% | -5% | 137% | 92% | -3% | 134% | 59% | 120% |
Financials of Bharat Rasayan
Working capital efficiency and return ratios
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 66 | 71 | 71 | 102 | 103 | 75 | 99 | 130 | 96 | 138 | 131 | 113 |
| Inventory Days | 73 | 71 | 75 | 66 | 112 | 70 | 90 | 120 | 141 | 135 | 136 | 150 |
| Days Payable | 48 | 32 | 17 | 25 | 24 | 17 | 33 | 30 | 33 | 37 | 67 | 44 |
| Cash Conversion Cycle | 91 | 110 | 129 | 143 | 191 | 128 | 156 | 221 | 204 | 236 | 200 | 219 |
| Working Capital Days | 14 | 32 | 66 | 87 | 96 | 94 | 114 | 136 | 165 | 199 | 170 | 265 |
| ROCE % | 27% | 25% | 34% | 39% | 32% | 34% | 31% | 28% | 20% | 11% | 14% | 18% |
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