Bharat Gears
Ticker >

Bharat Gears share price

Bharat Gears Ltd.

NSE: BHARATGEAR BSE: 505688 SECTOR: Auto Ancillary  24k   60   3

110.00
-2.20 (-1.96%)
BSE: Today, 04:01 PM

Price Summary

Today's High

₹ 111.1

Today's Low

₹ 108.7

52 Week High

₹ 153

52 Week Low

₹ 99.75

FinStar

Ownership Stable
Ownership strength is slightly missing the benchmark.
ValuationExpensive
The stock is at a premium valuation at this point.
EfficiencyOptimal
The company could improve upon its asset employment.
FinancialsVery Stable
The company possesses stable growth history and manageable debt.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

₹ 168.91 Cr.

Enterprise Value

₹ 265.32 Cr.

No. of Shares

1.54 Cr.

P/E

0

P/B

1.5

Face Value

₹ 10

Div. Yield

0 %

Book Value (TTM)

₹  73.22

CASH

₹ 6.6 Cr.

DEBT

₹ 103.02 Cr.

Promoter Holding

55.32 %

EPS (TTM)

₹  -4.66

Sales Growth

5.06%

ROE

11.79 %

ROCE

16.03%

Profit Growth

-47.81 %

Add Your Ratio

* Total debt includes long term borrowing, short term borrowing plus current maturities of long-term borrowing
* Ratios are based on latest Audited Financial Result.

Your Added Ratios

Please login to Add & View your own added ratios.

Login

Price Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

 

Volume Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

* Prices are based on daily market changes.

PE Chart 1w 1m 3m 6m 1Yr 3Yr 5Yr

PB Chart 1w 1m 3m 6m 1Yr 3Yr 5Yr

* The chart is based on the standalone earnings of the company. * Negative values and values more than 1000x in PE chart is considered 0.

Peer Comparison

View Full Peer Comparison
* The Peers list includes companies operating in the same industry and having comparable market cap.

 Group Companies

Track the companies of Group.

Ratios

Sales Growth

1 Year5.06%
3 Year18.28%
5 Year8.63%

Profit Growth

1 Year-47.81%
3 Year39.56%
5 Year16.43%

ROE%

1 Year11.79%
3 Year10.05%
5 Year4.57%

ROCE %

1 Year16.03%
3 Year16.33%
5 Year13.12%

Debt/Equity

0.8545

Price to Cash Flow

4.03

Interest Cover Ratio

2.03002224303442

CFO/PAT (5 Yr. Avg.)

9.25872681846484

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Mar 2024 55.32 0
Dec 2023 55.32 0
Sep 2023 55.32 0
Jun 2023 55.32 0
Mar 2023 55.32 0
Investors List
* Figures given above are % of equity capital

 Strengths

  • The company has shown a good revenue growth of 18.2806277618456% for the Past 3 years.
  • Company’s PEG ratio is 0.362273877546641.
  • The company has an efficient Cash Conversion Cycle of -17.3561686782915 days.
  • The company has a high promoter holding of 55.32%.
  • The company has a strong degree of Operating leverage, Average Operating leverage stands at 19.7428426602297.

 Limitations

 Looks like the company does not have any serious limitations.

Quarterly Result (All Figures in Cr.)

PARTICULARS Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
Net Sales 189.35 179.49 170.48 179.02 142.78
Total Expenditure 180.34 169.67 161.94 172.11 141.99
Operating Profit 9.01 9.82 8.54 6.91 0.79
Other Income 3.99 0.47 0.41 0.74 1.99
Interest 4.39 4.56 4.42 4.38 4.33
Depreciation 5.19 5.23 5.55 5.71 5.62
Exceptional Items 0 0 0 0 0
Profit Before Tax 3.42 0.5 -1.02 -2.44 -7.17
Tax 0.83 -0.34 -0.26 -0.71 -1.67
Profit After Tax 2.59 0.84 -0.76 -1.73 -5.5
Adjusted EPS (Rs) 1.69 0.55 -0.49 -1.13 -3.58

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Net Sales 594.4 463.12 503.03 729.44 766.37
Total Expenditure 535.97 444.48 467.23 663.68 720.38
Operating Profit 58.43 18.64 35.8 65.76 45.99
Other Income 4.75 4.88 1.37 3.53 8.76
Interest 21.97 21.65 22.67 18.42 17.08
Depreciation 21.76 26.69 24.15 20.39 20.07
Exceptional Items 0 0 0 3.6 0
Profit Before Tax 19.45 -24.82 -9.65 34.07 17.6
Tax 6.92 -6.04 -1.95 8.23 4.11
Net Profit 12.53 -18.78 -7.7 25.84 13.48
Adjusted EPS (Rs.) 9.41 -12.97 -5.32 16.83 8.78

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Equity and Liabilities
Share Capital 8.14 9.31 9.31 10.24 15.36
Total Reserves 80.35 70.27 64.51 97.96 105.2
Borrowings 81.28 82.31 66.62 61.26 70.91
Other N/C liabilities 19.44 19.26 21.86 24.89 31.42
Current liabilities 245.18 261.09 217.78 207.74 186.74
Total Liabilities 434.39 442.23 380.08 402.08 409.63
Assets
Net Block 145.32 149.54 133.58 117.86 131.96
Capital WIP 10.07 2.17 1.32 1.14 1.91
Intangible WIP 0 0 0 0 0
Investments 0 0 0 0 1.11
Loans & Advances 7.5 6.41 6.57 7.85 8.51
Other N/C Assets 0.95 0.91 1.08 1.26 1.28
Current Assets 270.55 283.2 237.52 273.96 264.86
Total Assets 434.39 442.23 380.08 402.08 409.63
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Profit from operations 19.45 -24.82 -9.65 34.07 17.6
Adjustment 39.84 44.08 44.09 37.42 34.82
Changes in Assets & Liabilities -0.59 34.42 24.94 -36.73 -5.16
Tax Paid -8.58 -0.12 -0.35 -4.47 -5.3
Operating Cash Flow 50.12 53.56 59.03 30.28 41.96
Investing Cash Flow -56.13 -29.48 -2.25 -5 -26.33
Financing Cash Flow -4.98 -19.91 -56.71 -32.22 -2.8
Net Cash Flow -10.99 4.17 0.08 -6.95 12.83

Corporate Actions

Investors Details

PARTICULARS Mar 2023% Jun 2023% Sep 2023% Dec 2023% Mar 2024%
promoters 55.32 55.32 55.32 55.32 55.32
clip-lok simpak (india) p... 1.10 1.10 1.10 1.10 1.10
late dr. raunaq singh 0.01 0.01 0.01 0.01 0.01
raunaq international limi... - - - - 1.69
surinder paul kanwar 37.00 37.00 37.00 37.00 37.00
ultra consultants private... 14.09 14.09 14.09 14.09 14.09
vibrant reality infra pri... 1.44 1.44 1.44 1.44 1.44
raunaq epc international ... 1.69 1.69 1.69 1.69 -
PARTICULARS Mar 2023% Jun 2023% Sep 2023% Dec 2023% Mar 2024%
investors 44.68 44.68 44.68 44.68 44.68
acadian emerging markets ... 1.23 1.23 1.23 1.23 1.23
investor education and pr... 1.11 1.11 1.11 1.11 1.11

Annual Reports

Ratings & Research Reports

Company Presentations

Currently we do not have any Presentation and Concall related to this company.Report us

Company News

Bharat Gears informs about compliance certificate11 Apr 2024, 4:06PM Bharat Gears - Quaterly Results30 Jan 2024, 1:13PM Bharat Gears - Quaterly Results30 Jan 2024, 1:13PM Bharat Gears - Quaterly Results30 Jan 2024, 1:13PM Bharat Gears informs about loss of share certificate28 Oct 2023, 3:37PM Bharat Gears informs about loss of share certificate28 Oct 2023, 2:59PM Bharat Gears informs about certificate11 Oct 2023, 12:03PM Bharat Gears - Quaterly Results10 Aug 2023, 2:47PM Bharat Gears - Quaterly Results25 May 2023, 4:05PM Bharat Gears - Quaterly Results25 May 2023, 4:05PM Bharat Gears - Quaterly Results25 May 2023, 4:05PM Bharat Gears informs about loss of share certificate22 Apr 2023, 12:23PM Bharat Gears informs about issue of duplicate certificate21 Apr 2023, 4:44PM Bharat Gears - Quaterly Results10 Feb 2023, 2:44PM Bharat Gears - Quaterly Results10 Feb 2023, 2:44PM Bharat Gears - Quaterly Results10 Nov 2022, 1:54PM Bharat Gears - Quaterly Results10 Nov 2022, 1:54PM Bharat Gears - Quaterly Results10 Nov 2022, 1:54PM Bharat Gears informs about newspaper publication 29 Aug 2022, 5:12PM Bharat Gears informs about un-audited financial results 23 Jul 2022, 4:12PM Bharat Gears reports 33% fall in Q1 net profit23 Jul 2022, 11:15AM Bharat Gears - Quaterly Results22 Jul 2022, 6:17PM Bharat Gears - Quaterly Results22 Jul 2022, 6:17PM Bharat Gears informs about press release10 Feb 2022, 2:45PM Bharat Gears - Quaterly Results9 Feb 2022, 6:33PM Bharat Gears - Quaterly Results9 Feb 2022, 6:33PM Bharat Gears informs about disclosure18 Dec 2021, 12:25PM Bharat Gears informs about disclosure17 Dec 2021, 3:55PM Bharat Gears informs about newspaper publication 19 Nov 2021, 3:50PM Bharat Gears turns black in Q2 6 Nov 2021, 9:23AM Bharat Gears informs about newspaper publication3 Nov 2021, 1:28PM Bharat Gears informs about compliance certificate7 Jul 2021, 5:15PM Bharat Gears informs about newspaper publication21 May 2021, 3:07PM Bharat Gears informs about board meeting20 May 2021, 3:36PM Bharat Gears informs about newspaper publication5 Mar 2021, 4:10PM Bharat Gears informs about newspaper publication19 Jan 2021, 1:41PM Bharat Gears' net loss widens to Rs 2 crore in Q210 Nov 2020, 11:43AM Bharat Gears informs about newspaper publication 14 Aug 2020, 11:04AM Bharat Gears informs about credit rating6 Apr 2020, 2:52PM Bharat Gears informs about trading window closure30 Mar 2020, 11:32AM

Bharat Gears Stock Price Analysis and Quick Research Report. Is Bharat Gears an attractive stock to invest in?

.

 

The Indian Auto Industry comes in the top 5 largest auto industries of the world. India is also a prominent auto exporter and has strong export growth expectations for the near future. The support from the government is providing the auto companies with a boost needed in their development. But will it sustain?
We can look into more details and dig a little deeper into the analysis of the stock of this sector. Let’s look at how Bharat Gears is performing and if it is the right time to buy the stock of Bharat Gears with detailed analysis.

  • The mainstream of revenue for Auto Sector is their sales, Bharat Gears has reported poor sales growth of 5.06205020388197 % and in the latest quarter sales was Rs 142.78 Cr. To judge whether the company’s inventory is being sold or not and the sales picture is true, inventory turnover ratio plays a major role, which is 8.04897127964211 times for Bharat Gears . It is managing its inventory poorly .
     
  • Bharat Gears reported Profit loss of -47.8128446757871 % over the year, where the latest year profit is Rs 13.4849 Cr compared to the previous year of Rs 25.8395 Cr. The new permits by governments and increasing demand will lead to an increase in profits in the coming year.
     
  • The operating profit of Bharat Gears in the latest quarter is Rs 0.789999999999992 Cr. It helps in measuring the company’s operating performance which is used to make financing decisions.
     
  • Bharat Gears has a average ROE of 11.789968266958 %. The ROE is an important financial parameter because Auto companies work with high equity investments. Also, they have to take huge debt to incur the research and manufacturing work so their Debt to Equity ratio should be evaluated. Bharat Gears has a low Debt to Equity ratio of 0.8545.
     
  • Bharat Gears pays a dividend of 0 Rs per share. It tells us that a company dislikes to share profits with its shareholders. The dividend yield is low at 0 %.
     
  • The share of promoter in Bharat Gears is high at 55.32 %, where the pledging is 0 %.
     
  • What the market is willing to pay for the company for its earnings can be determined by PE multiple. Current PE of Bharat Gears is -23.6770895971137 compared to the 5 year average PE of 5.71205350080468 .
     
  • Share Price: - The current share price of Bharat Gears is Rs 110.25. One can use valuation calculators of ticker to know if Bharat Gears share price is undervalued or overvalued.
Last Updated on:
Brief about Bharat Gears
X