Bhartiya International Limited

Bhartiya International Limited

1,006.10
INR
-2.25
(-0.22%)
19.32EPS
39.81P/E
10.34BMarket Cap
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
374.56
500.37
546.1
502.13
556.2
586.36
567.07
437.21
548.93
656.1
619.36
819.07
1,019
1,097.13
Basic EPS, GAAP
13.12
18.83
21.69
15.38
14.39
16.24
17.44
-5.04
-13.54
51.29
0.18
12.8
10.16
19.37
Free Cash Flow per Basic Share
-25.88
-29.49
-25.39
-20.97
-74.22
-2
-14.35
7.77
14.39
-8.01
47.89
30.14
0.08
- -
Dividend per Share
1.18
1.18
1.2
1.44
1.43
1.46
1.45
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
141.42
157.83
197.13
226.56
306.54
322.66
282.99
277.72
263.67
316.62
318.32
344.46
362.41
- -
Tangible Book Value per Share
140.4
156.34
195.23
224.75
304.7
321.36
282.24
223.34
219.97
283.74
296.28
333.7
361.73
- -
Basic Weighted Avg Shares
11
11
11
12
12
12
12
12
12
12
12
12
13
13
Sales/Revenue/Turnover
4,144
5,581
6,222
5,895
6,749
7,145
6,917
5,335
6,701
8,009
7,561
10,023
13,481
14,509
Operating Margin (%)
8.29
7.21
6.85
3.66
5.52
7.66
8.33
5.86
2.6
10.47
8.8
8.12
10.62
7.2
Depreciation Expense
40
63
60
56
75
81
100
103
238
252
255
258
268
247
Net Income, GAAP
145
210
247
181
175
198
213
-61
-165
626
2
157
134
256
Effective Tax Rate (%)
30.86
28.42
28.84
31.01
32.59
32.57
17.02
- -
- -
8.66
97.15
37.36
53.68
40.96
Profit Margin (%)
3.5
3.76
3.97
3.06
2.59
2.77
3.08
-1.15
-2.47
7.82
0.03
1.56
1
1.77
Working Capital
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
- -
LT Debt
314
314
342
305
473
598
646
1,277
1,714
1,648
1,064
690
999
- -
Total Equity
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
- -
Return on Invested Capital (%)
5.1
5.98
5.39
4.33
3.97
4.79
6.06
- -
- -
9.05
0.21
5.37
6.49
- -
Return on Capital (%)
8.75
8.84
8.13
5.35
4.73
4.8
4.68
- -
- -
10.89
0.15
4.57
3.54
- -
Return on Common Equity (%)
9.72
12.6
12.12
7.27
5.46
5.16
5.76
-1.8
-5
17.68
0.06
3.75
2.88
- -

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
4,421
- -
LT Borrowings
- -
922
- -
LT Finance Leases
- -
77
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
13
13
13
Market Capitalization
9,652
8,833
10,342

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
11,620
- -
Cash, Cash Equivalents & STI
- -
1,480
- -
Accounts Receivable, Net
- -
2,729
- -
Inventories
- -
6,884
- -
Total Current Liabilities
- -
7,569
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
4,421
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

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
-28.95%
-181.09%
-99.71%
Net Income, GAAP
636.89%
1,301.44%
-14.21%
Sales/Revenue/Turnover
9.56%
21.32%
34.5%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
2,292
2,959
2,630
2,411
10,023
2026
2,800
3,994
3,660
3,127
13,481
2027
3,728
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
-4.44
6.27
-1.24
12.17
12.8
2026
4.26
7.61
5.09
-6.63
10.16
2027
13.21
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
2027
- -
- -
- -
- -
- -

Company Description

CEO
Garla N. Venkatesha Babu
Full Time Employees
595
Sector
Consumer non-durables
Industry
Consumer sundries
Address
38, Sector 44 New Delhi UP India 122002
IPO Date
Oct 17, 1994
Business
Bhartiya International Ltd. is a leading manufacturer and exporter of leather apparel and accessories headquartered in Gurugram, India. Founded in 1987, the company operates primarily in the leather products and textile apparel segments, specializing in leather outerwear, bags, belts, wallets, fur products, and other small leather goods, alongside textile apparel and leather finishing services. It manages approximately nine production facilities in the Bangalore-Chennai region and extends its manufacturing capabilities to China and Italy. Bhartiya International also engages in real estate development, including industrial parks, retail spaces, hotels, and convention centers. The company’s product portfolio includes leather garments such as jackets, skirts, and other apparel; leather goods including handbags, wallets, belts, cigarette cases, tool bags, sports bags, and other containers made from leather or composition leather; as well as textile apparel and related design studio services. Bhartiya International serves global fashion brands, supplying leather and textile products primarily for export markets. The company’s subsidiaries include Bhartiya Global Marketing Ltd., J&J Leather Enterprises Ltd., Bhartiya International SEZ Ltd., Bharatiya Fashion Retail Ltd., World Fashion Trade Ltd., BIL Group LLC, Ultima S.A., and Ultima Italia SRL. Recent strategic developments include the appointment of N Balasubramanian as Business Head – Outerwear, effective November 2025, marking an expansion in leadership for their outerwear segment. The company has also held multiple board meetings in 2025 to approve its quarterly and half-year financial results, reflecting ongoing operational and financial management activity. Bhartiya International continues to balance its manufacturing and export activities with developmental ventures in the SEZ and real estate sectors, affirming its diversified business approach and sustained growth focus in both domestic and international markets. The company maintains a promoter holding majority and includes several subsidiaries and associate companies that support its core leather and textile operations as well as real estate development.