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Bharat Rasayan

BHARATRAS NSE
₹966.45 No trade today
P/E
11.82
View as Markdown
MCP
Close 4 Nov 2026 ₹966.45 −1,750.55 −64.4% 1Y
Start ₹2,717.00

Key Fundamentals

MicrocapFertilizers & AgrochemicalsChemicals

Price-based figures as of · EPS basis: Standalone · TTM

ROCE
16.10%
Debt to Equity
0.00
EPS (TTM)
₹81.79
Book Value
₹766.94
Market Cap
—
P/E (TTM)
11.82
P/B
1.26
ROE
12.20%
Dividend Yield
0.05%
EBITDA
₹240 Cr
52W High
₹2,853.00
52W Low
₹915.60
Volume
0

Peer Comparison

Commodities › Chemicals › Pesticides & Agrochemicals

Bharat Rasayan peer comparison
UPL
₹529.0022.09₹43,728 Cr1.281.16%5.64%10.10%₹52,804 Cr₹2,323 Cr
PI Industries
₹2,187.0028.48₹33,248 Cr2.950.69%11.20%15.00%₹6,516 Cr₹1,164 Cr
Sumitomo Chemical
₹328.1028.24₹15,980 Cr4.430.41%17.60%23.50%₹3,192 Cr₹581 Cr
Bayer CropScience
₹3,249.9019.95₹14,602 Cr4.924.57%23.70%29.10%₹5,595 Cr₹733 Cr
Sharda Cropchem
₹677.959.77₹6,015 Cr1.882.23%23.20%30.20%₹5,357 Cr₹626 Cr
Dhanuka Agritech
₹942.7515.83₹4,217 Cr2.500.21%18.50%23.80%₹1,953 Cr₹268 Cr
Rallis
₹189.6717.23₹3,734 Cr1.681.58%10.20%14.10%₹2,962 Cr₹214 Cr
Bharat Rasayan (this company)
₹966.4511.82₹1,580 Cr1.260.05%12.20%16.10%₹1,203 Cr₹136 Cr
Median 8 companies₹810.3518.59₹10,309 Cr2.190.93%14.90%19.80%₹4,275 Cr₹604 Cr

Comparable companies in the same industry. Market cap, P/E and P/B use the latest price; other metrics are as reported in filings. A dash means the figure is not published for that company.

Tapetide Score

Data-driven rating, 0–100, as of . How it works →

Overall score

51 Average

Data confidence 100/100

Category scores

Quality
74
Strong
Returns, margins, earnings quality 22% weight
Valuation
59
Good
Cheap vs sector & own history 24% weight
Growth
18
Poor
Sales & profit trajectory 9% weight
Financial Health
89
Strong
Solvency, leverage, coverage 9% weight
Momentum
8
Poor
Trend strength, vol-adjusted 12% weight
Ownership
46
Average
FII/DII/promoter flows 24% weight

The Tapetide Score is data analysis, not investment advice. Tapetide is not a SEBI-registered research analyst or investment adviser.

Key Insights

Strengths

2
  • Company has reduced debt.
  • Company is almost debt free.

Weaknesses

3
  • The company has delivered a poor sales growth of 2.60% over past five years.
  • Company has a low return on equity of 10.4% over last 3 years.
  • Dividend payout has been low at 0.61% of profits over last 3 years

Technical Indicators

Technical signals: verdict and indicator counts
GroupSignalBearishNeutralBullish
OverallBearish955
OscillatorsNeutral252
Moving AveragesStrong Bearish703

Key readings

RSI (14)
40.00
Neutral
MACD (12,26,9)
−34.86
Bullish
SMA (50)
1,075.22
Bearish
SMA (200)
1,365.35
Bearish

As of

Growth Rate

From the financial statements below. 10Y, 5Y, 3Y: compound annual growth to Mar 2026; 1Y: fiscal year to Mar 2026 against Mar 2025; TTM: four quarters to Jun 2026 against Jun 2025.

Revenue

Revenue growth by window
10Y+10.64%
5Y+2.59%
3Y+0.16%
1Y+5.89%
TTM−5.21%

Net profit

Net profit growth by window
10Y+15.45%
5Y−2.70%
3Y+2.96%
1Y+14.40%
TTM−4.23%

Operating cash flow

Operating cash flow growth by window
10Y+10.88%
5Y−4.93%
3Y−14.74%
1Y−23.26%
TTM—

TTM: Reported once a year, so there is no trailing-twelve-month figure.

Operating margin· change in pp

Operating margin growth by window
10Y−1.91 pp
5Y−5.95 pp
3Y+0.09 pp
1Y+1.11 pp
TTM−1.83 pp

Revenue by year

Revenue by year, ₹ crore
Mar 2017₹618 Cr
Mar 2018₹792 Cr
Mar 2019₹989 Cr
Mar 2020₹1,213 Cr
Mar 2021₹1,091 Cr
Mar 2022₹1,301 Cr
Mar 2023₹1,234 Cr
Mar 2024₹1,044 Cr
Mar 2025₹1,171 Cr
Mar 2026₹1,240 Cr

Net profit by year

Net profit by year, ₹ crore
Mar 2017₹55.00 Cr
Mar 2018₹98.00 Cr
Mar 2019₹112 Cr
Mar 2020₹158 Cr
Mar 2021₹164 Cr
Mar 2022₹177 Cr
Mar 2023₹131 Cr
Mar 2024₹82.00 Cr
Mar 2025₹125 Cr
Mar 2026₹143 Cr

Quarterly Results

₹ Cr
BHARATRAS quarterly results, ₹ crore
Particulars Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales
239
263
233
310
282
328
256
307
377
286
270
308
338
Expenses
234
248
205
240
244
273
215
266
304
253
228
258
287
Operating Profit
6
15
28
69
38
55
42
40
73
33
43
50
51
OPM %
2.3%
6%
12%
22%
14%
17%
16%
13%
19%
12%
16%
16%
15%
Other Income
2
4
4
11
6
7
7
6
−8
9
11
10
6
Interest
0
1
1
1
1
1
1
1
1
1
1
1
1
Depreciation
6
6
7
6
6
6
7
7
6
6
7
7
7
PBT
1
12
24
73
37
54
41
38
58
35
46
52
48
Tax %
46%
34%
27%
23%
27%
25%
27%
25%
25%
24%
26%
25%
24%
Net Profit
1
8
17
56
27
40
30
28
44
26
34
39
37
EPS (₹)
0.44
4.63
10.41
33.68
16.14
24.19
17.89
17.14
26.3
15.76
20.45
23.54
22.04

Profit & Loss

₹ Cr
BHARATRAS profit and loss, annual, ₹ crore
Particulars Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales
438
451
618
792
989
1,213
1,091
1,301
1,234
1,044
1,171
1,240
1,203
Expenses
355
370
508
634
802
983
851
1,049
1,037
926
996
1,041
1,026
Operating Profit
82
81
111
159
188
230
240
252
197
118
175
199
177
OPM %
19%
18%
18%
20%
19%
19%
22%
19%
16%
11%
15%
16%
15%
Other Income
1
1
2
4
1
14
6
16
15
21
26
22
36
Interest
18
13
12
12
16
16
4
7
6
3
5
5
4
Depreciation
18
17
16
16
17
22
26
25
26
26
27
26
27
PBT
48
52
84
135
155
205
216
235
180
109
169
191
181
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
136
EPS (₹)
18.68
19.93
32.08
57.83
65.6
92.73
96.75
107
78.81
49.16
75.36
85.99
81.79
Div. Payout %
2%
2%
1%
1%
1%
0%
0%
0%
0%
1%
0%
1%
—

Balance Sheet

₹ Cr
BHARATRAS balance sheet, annual, ₹ crore
Particulars Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 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

Cash Flow

₹ Cr
BHARATRAS cash flow, annual, ₹ crore
Particulars Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating
60
47
16
29
−52
263
170
−65
213
41
172
132
Investing
−41
−5
8
−31
−46
−53
−149
64
−43
−76
−148
−75
Financing
−19
−43
−24
2
102
−169
−40
−25
−152
49
−1
−89
Net Cash Flow
0
−1
0
0
4
40
−19
−26
18
14
23
−33
Free Cash Flow
46
32
3
−3
−100
204
160
−121
191
14
137
59
CFO/OP
88
80
36
42
−5
137
92
−3
134
59
120
88

Ratios

BHARATRAS financial ratios, annual
Particulars Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 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
192
ROCE %
27%
25%
34%
39%
32%
34%
31%
28%
20%
11%
14%
16%

Insights

Beta

AI-extracted from concalls & annual reports · figures as reported, with sources

Log in to view Bharat Rasayan insights

73 extracted metrics across FY10–FY27.

Shareholding Pattern

As of Sep 2026

  • Promoters 74.99%
  • Public 11.50%
  • Others 11.23%
  • DIIs 1.70%
  • FIIs 0.58%

No promoter shares pledged as of Sep 2026

Change vs previous quarter

Documents

Frequently Asked Questions about Bharat Rasayan

What does Bharat Rasayan Ltd do?
Bharat Rasayan Ltd is engaged in manufacturing Technical Grade Pesticides and Intermediates used in the agro-chemical industry. It was incorporated in 1989.
Where is Bharat Rasayan Ltd (BHARATRAS) listed?
Bharat Rasayan Ltd trades as BHARATRAS on the NSE and under code 590021 on the BSE.
Which sector does Bharat Rasayan Ltd belong to?
Bharat Rasayan Ltd is classified under the Chemicals sector, in the Pesticides & Agrochemicals industry.
What is the PE ratio of Bharat Rasayan Ltd?
Bharat Rasayan Ltd trades at a PE ratio of 11.82 as of 4 Nov 2026, on earnings per share of ₹81.79, against a book value of ₹766.94 per share.
What is the 52-week high and low of Bharat Rasayan Ltd?
Over the last 52 weeks Bharat Rasayan Ltd has traded between ₹915.6 and ₹2,853 as of 4 Nov 2026.
Does Bharat Rasayan Ltd pay dividends?
Bharat Rasayan Ltd has a dividend yield of 0.05%.
What is the Return on Equity (ROE) of Bharat Rasayan Ltd?
Bharat Rasayan Ltd reported a return on equity of 12.20%. Its debt-to-equity ratio is 0.00.

Company Information

Bharat Rasayan Ltd is engaged in manufacturing Technical Grade Pesticides and Intermediates used in the agro-chemical industry. It was incorporated in 1989.

Website bharatgroup.co.in
CEO Mr. Sat Narain Gupta
Employees 861
Listed 11 Oct 1995
Face Value ₹5

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