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Bhartiya International Ltd.

Bhartiya International Ltd.

BIL.BO
Bhartiya International Ltd.IN flagBombay Stock Exchange
764.60
INR
-28.35
- -
10.31BMarket Cap
Bhartiya International Ltd.
BIL.BO
(Bombay Stock Exchange)

Recent

price

764.60

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
225.11
249.26
279.36
374.56
500.37
546.1
502.13
556.2
586.36
567.07
437.21
548.93
656.1
636.87
839.06
- -
1,033.51
Revenue per Share
7.36
11.39
9.35
13.12
18.83
21.69
15.38
14.39
16.24
17.44
-5.04
-13.54
51.29
0.18
12.77
- -
10.23
Basic EPS, GAAP
-25.48
-9.19
-15.92
-25.88
-29.49
-25.39
-20.97
-74.22
-2
-14.35
7.77
14.39
-8.01
47.89
30.06
- -
- -
Free Cash Flow per Basic Share
1.17
1.17
1.2
1.18
1.18
1.2
1.44
1.43
1.46
1.45
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
72.68
72.73
74.16
82.8
97.04
121.27
129.95
137.36
151.39
105.3
100.22
86.64
137.93
138.1
150.85
- -
10.21
Book Value per Share
136.99
131.57
131.85
141.77
158.67
202.11
226.06
307.11
322.83
283.53
224.52
221.12
284.86
297.39
354.28
- -
370.17
Tangible Book Value per Share
9
10
11
11
11
11
12
12
12
12
12
12
12
12
12
- -
13
Basic Weighted Avg Shares
1,952
2,507
3,031
4,144
5,581
6,222
5,895
6,749
7,145
6,917
5,335
6,701
8,009
7,775
10,293
13,580
13,580
Sales/Revenue/Turnover
8.07
10.54
8.67
8.29
7.21
6.85
3.66
5.52
7.66
8.33
5.86
2.6
10.47
8.56
6.28
6.88
6.88
Operating Margin (%)
28
29
32
40
63
60
56
75
81
100
103
238
252
255
258
268
268
Depreciation Expense
64
115
101
145
210
247
181
175
198
213
-61
-165
626
2
157
134
134
Net Income, GAAP
33.71
28.19
30.05
30.86
28.42
28.84
31.01
32.59
32.57
17.02
- -
- -
8.66
97.15
37.36
53.68
53.68
Effective Tax Rate (%)
3.27
4.57
3.35
3.5
3.76
3.97
3.06
2.59
2.77
3.08
-1.15
-2.47
7.82
0.03
1.52
0.99
0.99
Profit Margin (%)
380
467
685
856
1,035
1,492
1,625
1,762
1,856
1,823
2,404
2,945
2,836
2,621
3,122
4,051
4,051
Working Capital
62
89
272
314
314
342
305
473
598
646
1,277
1,714
1,648
1,064
690
999
999
LT Debt
1,195
1,330
1,440
1,580
1,786
2,325
2,675
3,749
3,950
3,468
3,403
3,233
3,879
3,900
4,486
4,873
4,873
Total Equity
6.21
9.73
8.14
8.35
8.14
7.19
2.99
3.98
4.9
6.06
- -
- -
9.04
0.21
4.4
4.38
4.38
Return on Invested Capital (%)
5.48
8.22
6.14
11.26
10.89
10.07
6.76
6.36
6.64
6.42
- -
- -
14.65
0.21
6.53
5.98
5.98
Return on Capital (%)
10.54
16.82
13.2
16.87
21.02
20.06
12.42
10.94
11.27
13.6
-4.9
-14.5
45.68
0.13
8.86
13.54
13.54
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
ST Debt
4,419
- -
4,421
LT Borrowings
592
- -
922
LT Finance Leases
27
- -
77
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
13
- -
13
Market Capitalization
10,683
9,280
8,630

Working Capital

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
Total Current Assets
11,068
- -
11,620
Cash, Cash Equivalents & STI
1,614
- -
1,480
Accounts Receivable, Net
2,438
- -
2,729
Inventories
6,701
- -
6,884
Total Current Liabilities
7,722
- -
7,569
Payables & Accruals
- -
- -
- -
ST Debt
4,419
- -
4,421
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
8.57%
7.84%
8.64%
Free Cash Flow
-23.31%
-169.82%
-43.37%
Net Income, GAAP
636.88%
1,301.43%
-14.2%
Sales/Revenue/Turnover
9.55%
21.3%
31.94%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1,719
2,276
1,984
1,583
7,775
2025
2,292
2,959
2,630
2,411
10,293
2026
2,800
3,994
3,660
3,127
13,580

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-2.9
4.58
-2.66
- -
0.18
2025
-4.44
6.27
-1.24
12.17
12.77
2026
4.26
7.61
5.09
-6.63
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
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Business
Bhartiya International Ltd. is a diversified company primarily engaged in the manufacturing, trading, and export of leather and textile products. Its core product portfolio includes leather outerwear, bags and accessories, belts, wallets, and other small leather goods, complemented by textile apparel. The company also offers leather finishing services and operates design studios, with manufacturing facilities in India, China, Bangladesh, and Italy. Additionally, Bhartiya International is involved in real estate development, including industrial parks, IT parks, retail spaces, and integrated township projects such as Bhartiya City in Bengaluru. Founded in 1987, the company is headquartered in Gurugram, India, and operates globally with significant export business primarily targeting Europe and North America. Recently, Bhartiya International has made strategic advancements including the implementation of WFX Cloud ERP to enhance end-to-end business processes across its global manufacturing and design network, improving efficiency in product development, merchandising, sourcing, and quality control. The company continues to expand its real estate vertical through large-scale integrated city development projects. In the leather product segment, Bhartiya International earned Chem-MAP Approved Partner status, reflecting its commitment to sustainable chemical management in manufacturing. Alongside these operational improvements, the company maintains a broad geographic presence with 10 manufacturing sites, multiple creative prototyping studios, and business development offices worldwide. Subsidiaries include Bhartiya Global Marketing Limited and J&J Leather Enterprises Limited, supporting its core leather goods and tannery activities. Bhartiya International operates within the fashion apparels and accessories industry, serving global fashion brands through exports, while also diversifying into urban development and industrial special economic zones. The company reported a revenue of approximately INR 1,183 crore (around USD 124 million) and employs about 315 people. It has maintained a strong focus on quality, innovation, and sustainable practices while growing its footprint across manufacturing and real estate sectors. The diversified portfolio and recent technology upgrades position Bhartiya International as a comprehensive lifestyle solutions provider with an expanding global footprint.