About
Bhartiya International Ltd., together with its subsidiaries, manufactures and trades in leather and textile products in India. The company offers leather outerwear, bags, accessories, belts, wallets, fur products, and other small leather goods, as well as textile apparel, leather finishing, and design studio services. It also engages in the development of cities, homes, IT and industrial parks, retail spaces, interior solutions, and hotels and convention centers. The company exports its products. Bhartiya International Ltd. was incorporated in 1987 and is based in Gurugram, India.
Key Metrics
as of Sep 2026Market Cap1,217 Cr
P/E47.50
Div Yield0.00 %
Book Value₹363.00
52w High₹980.00
52w Low₹602.00
Face Value₹10.00
Quarterly Results
Rs. Crores · hover row for definition| Metric | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 373.00 | 313.00 | 366.00 | 399.00 | 280.00 | 241.00 | 263.00 | 296.00 | 229.00 | 180.00 | 198.00 | 228.00 | 172.00 |
| Expenses | 337.00 | 300.00 | 337.00 | 364.00 | 254.00 | 222.00 | 246.00 | 267.00 | 217.00 | 166.00 | 184.00 | 202.00 | 159.00 |
| Operating Profit | 36.00 | 13.00 | 29.00 | 35.00 | 26.00 | 19.00 | 17.00 | 28.00 | 12.00 | 14.00 | 14.00 | 26.00 | 13.00 |
| OPM % | 10.00 | 4.20 | 8.00 | 9.00 | 9.00 | 8.00 | 7.00 | 10.00 | 5.00 | 8.00 | 7.00 | 11.00 | 8.00 |
| Other Income | 3.00 | 1.00 | 1.00 | 0.00 | 1.00 | 16.00 | 1.00 | 2.00 | 1.00 | 5.00 | 1.00 | 1.00 | 1.00 |
| Depreciation | 4.00 | 7.00 | 6.00 | 6.00 | 6.00 | 6.00 | 7.00 | 6.00 | 6.00 | 6.00 | 7.00 | 6.00 | 7.00 |
| Interest | 12.00 | 12.00 | 13.00 | 13.00 | 12.00 | 11.00 | 12.00 | 12.00 | 10.00 | 11.00 | 10.00 | 11.00 | 10.00 |
| Profit before tax | 23.00 | -6.00 | 10.00 | 16.00 | 9.00 | 17.00 | 0.00 | 12.00 | -4.00 | 2.00 | -2.00 | 10.00 | -2.00 |
| Tax % | 23.00 | 43.00 | 35.00 | 39.00 | 36.00 | 10.00 | 685.00 | 35.00 | 46.00 | 17.00 | 56.00 | 42.00 | 59.00 |
| Net Profit | 18.00 | -9.00 | 7.00 | 10.00 | 6.00 | 15.00 | -2.00 | 8.00 | -5.00 | 1.00 | -3.00 | 6.00 | -4.00 |
| EPS in Rs | 13.24 | -6.55 | 5.00 | 7.40 | 4.30 | 11.49 | -1.24 | 6.29 | -4.44 | 1.16 | -2.66 | 4.58 | -2.89 |
Profit & Loss
Annual · Rs. Crores| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1,358.00 | 1,029.00 | 778.00 | 799.00 | 694.00 | 548.00 | 721.00 | 748.00 | 711.00 | 642.00 | 622.00 | 558.00 |
| Expenses | 1,255.00 | 928.00 | 700.00 | 712.00 | 684.00 | 521.00 | 661.00 | 688.00 | 661.00 | 598.00 | 569.00 | 508.00 |
| Operating Profit | 103.00 | 101.00 | 78.00 | 87.00 | 10.00 | 28.00 | 60.00 | 60.00 | 49.00 | 44.00 | 53.00 | 50.00 |
| OPM % | 8.00 | 10.00 | 10.00 | 11.00 | 1.40 | 5.00 | 8.00 | 8.00 | 7.00 | 7.00 | 9.00 | 9.00 |
| Other Income | 2.00 | 6.00 | 7.00 | 52.00 | 32.00 | 5.00 | 4.00 | 13.00 | 7.00 | 6.00 | -2.00 | -1.00 |
| Interest | 50.00 | 56.00 | 52.00 | 45.00 | 29.00 | 28.00 | 29.00 | 35.00 | 23.00 | 18.00 | 13.00 | 13.00 |
| Depreciation | 27.00 | 26.00 | 26.00 | 25.00 | 24.00 | 10.00 | 10.00 | 8.00 | 7.00 | 6.00 | 6.00 | 6.00 |
| Profit before tax | 29.00 | 25.00 | 7.00 | 68.00 | -11.00 | -6.00 | 26.00 | 29.00 | 26.00 | 26.00 | 32.00 | 30.00 |
| Tax % | 54.00 | 37.00 | 97.00 | 9.00 | 49.00 | 5.00 | 17.00 | 33.00 | 33.00 | 31.00 | 29.00 | 28.00 |
| Net Profit | 13.00 | 16.00 | 0.00 | 63.00 | -17.00 | -6.00 | 21.00 | 20.00 | 17.00 | 18.00 | 25.00 | 21.00 |
| EPS in Rs | 10.02 | 12.06 | 0.18 | 51.29 | -13.54 | -5.04 | 17.43 | 16.23 | 14.34 | 15.37 | 21.09 | 18.73 |
| Dividend Payout % | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 7.00 | 8.00 | 8.00 | 6.00 | 5.00 |
Balance Sheet
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 13.00 | 13.00 | 12.00 | 12.00 | 12.00 | 12.00 | 12.00 | 12.00 | 12.00 | 12.00 | 12.00 | 11.00 |
| Reserves | 474.00 | 436.00 | 378.00 | 376.00 | 311.00 | 328.00 | 335.00 | 383.00 | 363.00 | 254.00 | 211.00 | 166.00 |
| Borrowings | 542.00 | 479.00 | 517.00 | 501.00 | 478.00 | 437.00 | 441.00 | 383.00 | 348.00 | 265.00 | 222.00 | 204.00 |
| Other Liabilities | 329.00 | 244.00 | 190.00 | 123.00 | 142.00 | 126.00 | 117.00 | 140.00 | 187.00 | 88.00 | 100.00 | 92.00 |
| Total Liabilities | 1,359.00 | 1,172.00 | 1,097.00 | 1,012.00 | 943.00 | 903.00 | 904.00 | 917.00 | 910.00 | 619.00 | 544.00 | 473.00 |
| Fixed Assets | 150.00 | 159.00 | 179.00 | 199.00 | 194.00 | 187.00 | 125.00 | 114.00 | 97.00 | 87.00 | 75.00 | 67.00 |
| CWIP | 12.00 | 3.00 | 1.00 | 0.00 | 8.00 | 8.00 | 11.00 | 10.00 | 25.00 | 8.00 | 9.00 | 6.00 |
| Investments | 27.00 | 44.00 | 43.00 | 54.00 | 6.00 | 38.00 | 47.00 | 123.00 | 127.00 | 43.00 | 38.00 | 38.00 |
| Other Assets | 1,170.00 | 966.00 | 873.00 | 758.00 | 735.00 | 669.00 | 721.00 | 670.00 | 661.00 | 481.00 | 422.00 | 362.00 |
| Total Assets | 1,359.00 | 1,172.00 | 1,097.00 | 1,012.00 | 943.00 | 903.00 | 904.00 | 917.00 | 910.00 | 619.00 | 544.00 | 473.00 |
Cash Flows
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 40.00 | 44.00 | 66.00 | 12.00 | 46.00 | 26.00 | -7.00 | 8.00 | -56.00 | -2.00 | -12.00 | -21.00 |
| Cash from Investing Activity | -40.00 | -14.00 | -21.00 | -22.00 | -46.00 | -24.00 | -12.00 | -1.00 | -28.00 | -21.00 | -14.00 | -8.00 |
| Cash from Financing Activity | 20.00 | -45.00 | -26.00 | -14.00 | 16.00 | -35.00 | 31.00 | 3.00 | 65.00 | 45.00 | 23.00 | 22.00 |
| Net Cash Flow | 20.00 | -15.00 | 18.00 | -25.00 | 16.00 | -32.00 | 12.00 | 10.00 | -20.00 | 22.00 | -2.00 | -7.00 |
| Free Cash Flow | 21.00 | 37.00 | 59.00 | -10.00 | 18.00 | 9.00 | -18.00 | -3.00 | -90.00 | -24.00 | -29.00 | -33.00 |
| CFO/OP % | 48.00 | 50.00 | 94.00 | 15.00 | 515.00 | 112.00 | 0.00 | 25.00 | -101.00 | 19.00 | -3.00 | -29.00 |
Ratios
Annual · Days / % — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 73.00 | 67.00 | 68.00 | 59.00 | 68.00 | 93.00 | 64.00 | 60.00 | 98.00 | 52.00 | 53.00 | 60.00 |
| Inventory Days | 309.00 | 372.00 | 496.00 | 423.00 | 401.00 | 464.00 | 369.00 | 327.00 | 280.00 | 248.00 | 243.00 | 204.00 |
| Days Payable | 120.00 | 121.00 | 134.00 | 74.00 | 101.00 | 113.00 | 67.00 | 83.00 | 122.00 | 51.00 | 61.00 | 57.00 |
| Cash Conversion Cycle | 262.00 | 317.00 | 429.00 | 408.00 | 367.00 | 444.00 | 366.00 | 304.00 | 256.00 | 249.00 | 235.00 | 207.00 |
| Working Capital Days | 81.00 | 83.00 | 89.00 | 115.00 | 115.00 | 134.00 | 61.00 | 68.00 | 70.00 | 59.00 | 62.00 | 44.00 |
| ROCE % | 8.00 | 9.00 | 7.00 | 13.00 | 2.00 | 3.00 | 7.00 | 9.00 | 8.00 | 9.00 | 12.00 | 13.00 |
Corporate Actions
23 records| Action | Ex Date | Record Date | Ratio | Amount (₹) | Notes |
|---|---|---|---|---|---|
| Other | 20 Sep 2024 | — | — | — | Annual General Meeting |
| Other | 22 Sep 2023 | — | — | — | Annual General Meeting |
| Other | 21 Sep 2022 | — | — | — | Annual General Meeting |
| Other | 21 Sep 2021 | — | — | — | Annual General Meeting |
| Other | 21 Sep 2020 | — | — | — | Annual General Meeting |
| Dividend | 18 Sep 2019 | — | — | 1.20 | |
| Dividend | 19 Sep 2018 | — | — | 1.20 | |
| Dividend | 19 Sep 2017 | — | — | 1.20 | |
| Dividend | 21 Sep 2016 | — | — | 1.20 | |
| Dividend | 11 Sep 2015 | — | — | 1.00 | |
| Dividend | 27 Aug 2014 | — | — | 1.00 | |
| Dividend | 12 Sep 2013 | — | — | 1.00 | |
| Dividend | 20 Sep 2012 | — | — | 1.00 | |
| Dividend | 15 Sep 2011 | — | — | 1.00 | |
| Dividend | 16 Sep 2010 | — | — | 1.00 | |
| Dividend | 17 Sep 2009 | — | — | 1.00 | |
| Dividend | 11 Sep 2008 | — | — | 1.50 | |
| Dividend | 13 Sep 2007 | — | — | 1.50 | |
| Dividend | 14 Sep 2006 | — | — | 1.50 | |
| Dividend | 19 Sep 2005 | — | — | 1.50 | |
| Dividend | 03 Sep 2001 | — | — | 1.20 | |
| Dividend | 30 Nov 2000 | 15 Dec 2000 | — | 1.50 | |
| Dividend | 02 Aug 2000 | — | — | 1.20 |
Announcements
5 filingsShareholding Pattern
Open on BSEFinancial Results — Filings
Open on BSEBoard Filings
Open on BSEAnnual Reports
Credit Ratings
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Rating update21 Aug 2025 from fitch
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Rating update10 Jul 2025 from fitch
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Rating update10 Jul 2024 from fitch
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Rating update22 Sep 2023 from fitch
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Rating update27 Apr 2023 from fitch
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Rating update10 Apr 2023 from icra