Bhatia Communications & Retail (India) Q1 FY27 Share Price & Earnings Call Analysis

₹38.19+5.29% today

Market cap: ₹537 Cr
P/E: 26.84
ROE: 15.16%
PEG: 1.06
Price to sales: 0.80
Debt to equity: 0.08
52W high / low: ₹40.4 / ₹19.3
Sales growth (5Y): 27.87%
EBITDA margin: 4.34%
Net profit margin: 2.84%
Promoter holding: 69.45%
Sales (last year): ₹670 Cr

All 12 ratios ↓

Incorporated in 2008, Bhatia Communications & Retail (India) Ltd is in the retail and wholesale distribution business of electronic items and home appliances[1]

Potential multibaggers · Q2 FY27

Potential multibaggers in Retailing
on management's own guidance

Strong growth
2
Strong growth
1
Urban CompanyGood growth
3

See all potential multibaggers Where does Bhatia Communications & Retail (India) rank?

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

Peers

Retailing companies ranked on guidance

#	Company	Revenue guided	Margin guided	Market cap	P/E
1		40%+	Flat	₹5,646 Cr	50.3
2		40%+	Flat	₹5,378 Cr	32.8
3	Urban Company	20–40%	Up 0–2%	₹23,567 Cr	—
4		20–40%	Up 0–2%	₹6,863 Cr	53.2
5		20–40%	Up 0–2%	₹799 Cr	19.2
6		20–40%	Flat	₹3.32L Cr	672.7

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Financials of Bhatia Communications & Retail (India)

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

Financials of Bhatia Communications & Retail (India)

Quarterly Results

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 +	82.36	97.07	94.36	116.79	93.91	104.82	107.32	126.81	103.77	111.54	134.34	175.45	170.09
Expenses +	85.53	97.80	96.95	112.75	89.46	99.56	101.96	121.46	99.85	105.92	128.74	168.09	164.09
Operating Profit	-3.17	-0.73	-2.59	4.04	4.45	5.26	5.36	5.35	3.92	5.62	5.60	7.36	6.00
OPM %	-3.85%	-0.75%	-2.74%	3.46%	4.74%	5.02%	4.99%	4.22%	3.78%	5.04%	4.17%	4.19%	3.53%
Other Income +	7.82	6.14	6.50	0.22	0.41	0.34	0.38	0.53	0.72	0.65	0.65	0.67	1.85
Interest	0.57	0.39	0.23	0.56	0.43	0.46	0.38	0.68	0.24	0.64	0.85	0.75	0.58
Depreciation	0.23	0.34	0.35	0.38	0.38	0.43	0.45	0.48	0.43	0.85	0.66	0.72	0.66
Profit before tax	3.85	4.68	3.33	3.32	4.05	4.71	4.91	4.72	3.97	4.78	4.74	6.56	6.61
Tax %	25.45%	23.50%	25.83%	25.30%	26.42%	22.72%	25.46%	23.94%	26.45%	24.90%	21.31%	25.15%	31.16%
Net Profit +	2.86	3.57	2.47	2.49	2.98	3.65	3.66	3.58	2.93	3.58	3.73	4.91	4.55
EPS in Rs	0.23	0.29	0.20	0.20	0.24	0.29	0.29	0.29	0.23	0.29	0.29	0.38	0.32

Financials of Bhatia Communications & Retail (India)

Profit & Loss

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 +	104	90	124	155	165	168	173	233	342	414	442	591
Expenses +	109	95	132	160	172	177	182	242	330	397	423	567
Operating Profit	-5	-5	-7	-5	-7	-9	-9	-9	12	17	20	25
OPM %	-5%	-6%	-6%	-3%	-4%	-5%	-5%	-4%	4%	4%	4%	4%
Other Income +	7	6	9	12	16	19	17	18	2	2	2	4
Interest	0	0	1	1	1	1	1	1	2	2	2	3
Depreciation	0	0	1	1	1	1	1	1	1	1	2	3
Profit before tax	1	0	1	5	7	7	5	7	11	15	18	23
Tax %	35%	30%	32%	34%	30%	26%	29%	26%	25%	25%	25%	26%
Net Profit +	0	0	1	4	5	5	4	5	8	12	14	17
EPS in Rs	0.33	0.30	0.51	0.29	0.40	0.43	0.30	0.42	0.68	0.92	1.10	1.19
Dividend Payout %	0%	0%	0%	0%	0%	93%	17%	12%	7%	1%	4%	1%

Financials of Bhatia Communications & Retail (India)

Balance Sheet

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	0.52	0.52	0.52	6	13	13	13	13	13	13	13	14
Reserves	2	3	3	22	21	26	29	34	42	54	76	119
Borrowings +	3	2	4	2	6	11	11	15	19	21	8	10
Other Liabilities +	12	13	17	16	13	15	17	21	21	30	34	56
Total Liabilities	18	18	25	46	52	65	69	82	95	117	131	199
Fixed Assets +	3	3	5	6	7	7	7	8	8	10	13	29
CWIP	0	0	0	0	0	0	0	0	0	0	0	0
Investments	0	0	0	0	0	15	0	0	0	0	0	20
Other Assets +	16	15	20	40	45	43	62	75	87	107	118	150
Total Assets	18	18	25	46	52	65	69	82	95	117	131	199

Financials of Bhatia Communications & Retail (India)

Cash Flows

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 +			2	-1	6	8	2	-1	8	5	5	2
Cash from Investing Activity +			-2	-6	-4	-20	-2	-2	-0	-1	-8	-19
Cash from Financing Activity +			-1	20	-1	-0	-3	3	1	1	-6	19
Net Cash Flow			-0	13	2	-12	-3	0	9	5	-9	2
Free Cash Flow			0	-2	4	7	1	-3	6	2	1	-18
CFO/OP			-36%	-27%	-115%	-110%	-37%	-13%	89%	53%	46%	26%

Financials of Bhatia Communications & Retail (India)

Ratios

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	12	12	15	11	12	13	10	8	6	5	4	5
Inventory Days	34	37	38	38	37	49	62	65	52	50	59	66
Days Payable	43	53	50	33	23	25	20	20	11	13	12	11
Cash Conversion Cycle	4	-4	3	16	26	37	53	54	47	43	52	60
Working Capital Days	-1	-2	-3	17	20	23	37	38	27	29	49	66
ROCE %	15%	16%	22%	33%	22%	20%	13%	15%	20%	21%	22%	21%

Momentum score · price trend

44 out of 100 — Steady

Over the past year its share price has moved roughly in the middle of the stocks we track.

Period	Share price change	Better than … of 1,910 stocks
Last 12 months	+32.4%	79%
Last 6 months	+60.6%	92%
Last 3 months	+57.1%	98%

The price is 38.5% below its all-time high of ₹58.95 (14 Oct 2022). Stocks more than 20% below their peak have their score halved, so 88 became 44.

How we calculate it

“Better than 30%” means that over that period the share price did better than 30 out of every 100 stocks we track (1,910 Indian companies worth ₹500 Cr or more, with at least a year of prices).

The score weighs the longer periods more: 40% × 12-month + 40% × 6-month + 20% × 3-month. For Bhatia Communications & Retail (India): 0.4 × 79 + 0.4 × 92 + 0.2 × 98 = 88, halved to 44 because the price is more than 20% below its all-time high.

Strengthening is 70 and above, Steady 40 to 70, Cooling below 40. Scores are recalculated every night after the market closes.

Full methodology →

This describes only how the share price has moved up to 2 Nov 2026, compared with other stocks. It says nothing about the business, and it is not a prediction, a price target or a recommendation to buy or sell.

What Bhatia Communications & Retail (India)'s management said in earlier quarters

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