1. India Stocks

  2. •

    Consumer Cyclical

  3. •

    Furnishings, Fixtures & Appliances
Bhatia Communications & Retail (India) Limited

Bhatia Communications & Retail (India) Limited

BHATIA.BO
Bhatia Communications & Retail (India) LimitedIN flagBombay Stock Exchange
25.00
INR
-0.25
- -
3.52BMarket Cap
Bhatia Communications & Retail (India) Limited
BHATIA.BO
(Bombay Stock Exchange)

Recent

price

25.00

P/E

ratio

- -

div

yld

- -

ROIC.AI

2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
FRC
5.64
7.91
8.28
7.14
120.69
15.49
13.19
13.43
13.82
18.66
27.36
33.06
35.25
- -
46.59
Revenue per Share
0.02
0.03
0.03
0.02
0.51
0.36
0.4
0.43
0.3
0.42
0.68
0.92
1.1
- -
1.32
Basic EPS, GAAP
-0.01
- -
0.05
0.16
0.3
-0.24
0.3
0.59
0.07
-0.21
0.52
0.13
0.04
- -
- -
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
0.11
0.01
0.01
- -
0.04
- -
- -
Dividend per Share
- -
0.04
0.04
0.04
0.54
0.86
1.59
2.02
2.22
2.63
3.29
4.21
5.26
- -
1.11
Book Value per Share
0.14
0.17
0.2
0.22
3.27
2.79
2.63
3.06
3.26
3.67
4.34
5.26
7.03
- -
10.42
Tangible Book Value per Share
126
126
126
126
10
100
125
125
125
125
125
125
126
- -
127
Basic Weighted Avg Shares
708
993
1,039
896
1,243
1,551
1,651
1,680
1,729
2,335
3,424
4,138
4,427
5,914
5,914
Sales/Revenue/Turnover
-3.88
-3.91
-5.58
-6.26
-6.22
-3.27
-4.85
-6.04
-5.87
-4.23
3.29
3.72
4.09
3.67
3.67
Operating Margin (%)
2
2
4
4
5
7
9
11
10
11
11
15
18
29
29
Depreciation Expense
2
4
3
3
5
36
50
54
37
53
85
115
138
168
168
Net Income, GAAP
37.12
30.57
33.73
32.39
31.19
34.03
29.71
26.48
29.46
25.49
25
25.12
24.55
26.06
26.06
Effective Tax Rate (%)
0.28
0.35
0.33
0.35
0.42
2.31
3.03
3.21
2.17
2.26
2.48
2.78
3.12
2.83
2.83
Profit Margin (%)
16
12
7
15
5
214
253
148
192
259
362
479
666
1,162
1,162
Working Capital
16
10
4
15
15
11
10
22
14
16
6
5
- -
70
70
LT Debt
21
25
28
31
37
282
332
386
411
462
546
661
886
1,326
1,326
Total Equity
- -
-52.66
-62.67
-69.45
-83.13
-16.06
-14.77
-15.9
-13.66
-12.62
12.09
14.07
14.82
13.35
13.35
Return on Invested Capital (%)
- -
17.57
12.11
15.2
18.77
50.21
28.95
19.36
11.5
12.92
16.88
18.33
20.44
38.29
38.29
Return on Capital (%)
- -
116.86
61.91
55.97
95.42
78.27
35.22
23.88
14.13
17.4
22.91
24.52
23.27
41.86
41.86
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
ST Debt
281
- -
31
LT Borrowings
14
- -
15
LT Finance Leases
57
- -
55
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
130
- -
141
Market Capitalization
3,740
3,038
2,604

Working Capital

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
Total Current Assets
1,240
- -
1,367
Cash, Cash Equivalents & STI
130
- -
86
Accounts Receivable, Net
79
- -
83
Inventories
905
- -
963
Total Current Liabilities
434
- -
205
Payables & Accruals
- -
- -
- -
ST Debt
281
- -
31
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
86.55%
27.08%
49.7%
Free Cash Flow
-569.83%
-895.85%
-3,604.44%
Net Income, GAAP
84.45%
35.75%
21.33%
Sales/Revenue/Turnover
21.77%
28.62%
33.59%
Total Cash Common Dividend
- -
- -
2%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1,026
944
1,168
939
4,138
2025
1,048
1,073
1,268
1,038
4,427
2026
1,115
1,343
1,755
1,701
5,914

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.29
0.2
0.2
- -
0.92
2025
0.29
0.29
0.29
0.23
1.1
2026
0.29
0.29
0.39
0.35
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
0.04
2026
- -
- -
- -
- -
- -
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Business
Bhatia Communications & Retail (India) Limited Bhatia Communications & Retail (India) Limited engages in the retail and wholesale distribution of mobile handsets, tablets, data cards, mobile accessories, and related products; home appliances including televisions, refrigerators, air conditioners, air coolers, washing machines, and microwaves; and consumer electronics from brands such as Apple, Samsung, OPPO, Vivo, Honor, Jio, Realme, Redmi, Nokia, Noise, OnePlus, Whirlpool, Panasonic, Haier, and Voltas. Incorporated in 2008 and headquartered in Surat, India, the company operates primarily in South and Central Gujarat with 224 stores comprising 220 owned outlets and 4 franchises across a retail footprint of 1.70 lakh square feet as of the nine months ended FY25, while targeting individual consumers through physical stores and online sales via bhatiamobile.com and providing credit and EMI facilities via partnerships with Bajaj Finserv, HDFC Bank, State Bank of India, and others. It sells products under its own Bhatia Mobile and Bhatia Communication brands and focuses on the domestic Indian market with expansion into Maharashtra through an agreement with Super Business Associate for sub-branches. In recent developments, the company converted 50,00,000 warrants held by Ebisu Global Opportunities Fund into equivalent equity shares on September 30, 2025, raising Rs 8.90 crore at Rs 23.75 per share following an initial allotment of up to 1.55 crore warrants in 2024; expanded its store network to 210 outlets by H1 FY25 with plans for 25 additional stores by FY25 end; appointed Chintikaben Hasmukhbhai Shah as Company Secretary and Compliance Officer in September 2025; and reported net sales growth including 25.17% year-over-year to Rs 134.34 crore in September 2025 quarter.