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Bharat Seats Limited

Bharat Seats Limited

BHARATSE.BO
Bharat Seats LimitedIN flagBombay Stock Exchange
230.85
INR
-3.80
- -
14.50BMarket Cap
Bharat Seats Limited
BHARATSE.BO
(Bombay Stock Exchange)

Recent

price

230.85

P/E

ratio

- -

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
FRC
70.32
68.8
95.89
89.18
110.42
111.44
133.75
154.38
143.7
93.59
87.09
130
167
169.5
204.73
- -
310.92
Revenue per Share
1.31
0.91
0.85
1.07
1.29
1.15
1.94
4.49
3.41
1.99
0.77
1.9
3.43
3.99
5.21
- -
6.73
Basic EPS, GAAP
-1.55
-4.32
-5.11
2.95
3.6
4.47
6.12
10.91
1.59
-1.03
-0.02
-0.25
-2.86
-2.63
4.19
- -
- -
Free Cash Flow per Basic Share
0.3
0.4
0.4
0.4
0.4
0.45
0.45
0.54
0.6
0.6
0.25
0.25
0.4
0.7
0.8
- -
- -
Dividend per Share
1.08
1.08
1.08
1.08
1.62
2.23
3.6
7.52
10.36
11.75
12.28
13.95
17.01
20.26
24.69
- -
30.3
Book Value per Share
5.21
5.65
6.03
6.54
7.82
8.42
9.67
13.59
16.46
17.88
18.42
20.08
23.07
26.38
30.51
- -
36.14
Tangible Book Value per Share
63
63
63
63
63
63
63
63
63
63
63
63
63
63
63
- -
63
Basic Weighted Avg Shares
4,416
4,321
6,022
5,600
6,934
6,998
8,399
9,695
9,024
5,878
5,469
8,164
10,488
10,645
12,857
19,476
19,510
Sales/Revenue/Turnover
2.91
2.33
2.04
2.7
2.27
1.91
2.4
4.75
3.68
2.4
1.73
2.1
2.97
3.57
3.88
3.32
3.27
Operating Margin (%)
48
67
113
135
164
165
171
191
206
225
180
176
171
240
262
353
353
Depreciation Expense
82
57
54
67
81
72
122
282
214
125
48
119
215
251
327
422
422
Net Income, GAAP
28.01
21.5
23.78
25.5
28.65
26.67
27.63
35.14
31.4
- -
27.68
25.14
27.28
25.39
25.51
26.69
26.69
Effective Tax Rate (%)
1.86
1.32
0.89
1.2
1.17
1.03
1.45
2.91
2.37
2.13
0.88
1.46
2.05
2.35
2.54
2.17
2.16
Profit Margin (%)
-233
-396
-432
-575
-623
-643
-578
-321
-189
-271
-190
50
-351
-502
-660
-500
-500
Working Capital
121
413
595
526
380
221
196
223
201
292
262
343
369
1,180
1,172
926
926
LT Debt
327
355
379
417
497
534
621
868
1,046
1,133
1,166
1,271
1,463
1,668
1,946
2,297
2,297
Total Equity
18.05
11.89
9.13
9.04
8.42
7.19
11.44
25.18
18.6
- -
4.48
8.09
11.97
10.52
11.04
13.82
13.65
Return on Invested Capital (%)
29.41
20.89
13.89
12.29
13.03
11.59
17.57
38.32
28.23
- -
6.97
12.36
16.14
13.39
13.21
16.33
16.37
Return on Capital (%)
121.45
83.84
78.91
98.93
95.75
59.69
66.47
80.75
38.15
18.03
6.37
14.46
22.16
21.41
23.17
24.47
24.47
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
ST Debt
212
- -
175
LT Borrowings
439
- -
375
LT Finance Leases
672
- -
551
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
63
- -
63
Market Capitalization
11,310
10,844
8,860

Working Capital

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
Total Current Assets
3,075
- -
3,556
Cash, Cash Equivalents & STI
64
- -
163
Accounts Receivable, Net
2,344
- -
2,635
Inventories
509
- -
602
Total Current Liabilities
3,675
- -
4,056
Payables & Accruals
- -
- -
- -
ST Debt
212
- -
175
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
16.05%
14.56%
18.05%
Free Cash Flow
158.49%
363.48%
112.07%
Net Income, GAAP
37.79%
60.94%
29.15%
Sales/Revenue/Turnover
13.82%
30.3%
51.48%
Total Cash Common Dividend
- -
- -
37.5%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
2,528
2,860
2,500
2,757
10,645
2025
2,989
2,907
3,064
3,929
12,857
2026
4,271
4,586
4,910
5,743
19,476

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.74
1.08
0.88
- -
3.99
2025
1.05
1.13
1.21
1.81
5.21
2026
1.46
1.58
1.58
2.11
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.7
2025
- -
- -
- -
- -
0.8
2026
- -
- -
- -
- -
- -
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Business
Bharat Seats Limited specializes in crafting integrated seating and interior systems for the transportation industry. The company delivers solutions for four-wheelers, two-wheelers, and railway applications. Its extensive product portfolio encompasses diverse seating configurations, noise, vibration, and harshness (NVH) control components such as carpets, body sealing elements, and various metal fabricated parts, including two-wheeler frames. Established on March 6, 1986, this enterprise operates as a strategic collaboration involving Suzuki Motor Corporation, Maruti Suzuki India Ltd, and Rohit Relan and Associates. Headquartered in Gurugram, India, Bharat Seats Limited maintains multiple advanced manufacturing facilities and an in-house NABL-accredited testing laboratory to support its design and development capabilities. The company emphasizes customer-centricity and quality assurance, holding certifications like IATF 16949.