BHARAT GEARS LTD. (BHARATGEAR) financials

BHARAT GEARS LTD. (BHARATGEAR) NSE/BSE financials on Fincrux: quarterly results, profit and loss, cash flow, balance sheet, ratios, and shareholding.

Incorporated in 1971, Bharat Gears Ltdis in the Automotive Gears business[1]

Market Cap: ₹160Cr.
Current Price: ₹104
Stock P/E: 10.6
ROE: 13.4%
ROCE: 18.1%
Book Value: ₹85.4
Dividend Yield: 0.96%
52W High / Low: ₹141/83.6

In Jun 2026, BHARAT GEARS LTD. (BHARATGEAR) reported sales ₹215.65 Cr and net profit ₹0.15 Cr.

Annual TTM: sales ₹820 Cr, net profit ₹15 Cr.

Shareholding: Promoters 55.33% (Jun 2026), FIIs 1.35% (Jun 2026), DIIs 0.00% (Jun 2026), Public 43.32% (Jun 2026), No. of Shareholders 22,703% (Jun 2026).

BHARATGEAR quarterly results (₹ Cr.)
Category	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Sales	164.58	142.08	174.86	179.80	204.74	189.35	210.29	215.65
Expenses	156.85	144.65	162.27	169.96	187.70	177.36	196.89	207.53
Operating Profit	7.73	-2.57	12.59	9.84	17.04	11.99	13.40	8.12
OPM %	4.70%	-1.81%	7.20%	5.47%	8.32%	6.33%	6.37%	3.77%
Other Income	18.12	0.28	0.66	1.78	1.90	0.52	2.14	0.41
Interest	4.33	4.30	4.05	3.66	3.59	3.37	3.39	3.25
Depreciation	5.99	6.04	5.75	5.75	5.79	5.72	5.31	5.08
Profit before tax	15.53	-12.63	3.45	2.21	9.56	3.42	6.84	0.20
Tax %	12.56%	-18.53%	50.72%	24.89%	24.37%	24.85%	25.88%	25.00%
Net Profit	13.58	-10.29	1.71	1.65	7.22	2.57	5.07	0.15
EPS in Rs	8.84	-6.70	1.11	1.07	4.70	1.67	3.30	0.10
Raw PDF	—	—	—	—	—	—	—	—

BHARATGEAR profit and loss (₹ Cr.)
Category	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
Sales	463	503	729	766	663	648	784	820
Expenses	444	467	664	720	639	622	732	769
Operating Profit	19	36	66	46	24	25	52	51
OPM %	4.0%	7%	9%	6%	3.6%	3.9%	7%	6%
Other Income	5	1	7	9	3	19	6	5
Interest	22	23	18	17	17	17	14	14
Depreciation	27	24	20	20	23	24	23	22
Profit before tax	-25	-10	34	18	-13	4	22	20
Tax %	-24%	-20%	24%	23%	-24%	19%	25%	—
Net Profit	-19	-8	26	13	-10	3	16	15
EPS in Rs	-12.19	-5.00	16.78	8.78	-6.34	2.08	10.75	9.77
Dividend Payout %	0%	0%	0%	0%	0%	0%	9%	—

BHARATGEAR balance sheet (₹ Cr.)
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	8	9	9	10	15	15	15	15
Reserves	80	70	65	98	105	95	98	116
Borrowings	162	152	118	107	116	113	80	73
Other Liabilities	170	143	192	189	171	162	172	197
Total Liabilities	420	374	384	404	407	385	364	401
Fixed Assets	145	150	134	118	132	133	128	116
CWIP	10	2	1	1	2	5	2	4
Investments	0	0	0	0	1	1	1	1
Other Assets	264	222	249	285	272	247	232	280
Total Assets	420	374	384	404	407	385	364	401

BHARATGEAR cash flows (₹ Cr.)
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Cash from Operating Activity	50	54	59	30	42	47	49	29
Cash from Investing Activity	-56	-29	-2	-5	-26	-13	2	-8
Cash from Financing Activity	-5	-20	-57	-32	-3	-37	-51	-31
Net Cash Flow	-11	4	0	-7	13	-4	0	-10
Free Cash Flow	-5	23	55	26	16	33	52	19
CFO/OP	100%	287%	166%	53%	102%	203%	189%	61%

BHARATGEAR shareholding pattern (%)
Category	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Promoters	55.32%	55.32%	55.32%	55.32%	55.32%	55.33%	55.33%	55.33%
FIIs	1.25%	1.23%	1.26%	1.23%	1.23%	1.39%	1.41%	1.35%
DIIs	0.03%	0.03%	0.03%	0.03%	0.03%	0.03%	0.03%	0.00%
Public	43.39%	43.42%	43.39%	43.41%	43.42%	43.26%	43.23%	43.32%
No. of Shareholders	24,958	24,884	24,763	24,597	25,976	24,160	23,212	22,703

BHARATGEAR key ratios
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor Days	71	81	77	72	58	64	55	53
Inventory Days	125	120	133	89	89	84	99	89
Days Payable	155	167	229	148	118	124	135	132
Cash Conversion Cycle	41	33	-20	13	30	24	19	11
Working Capital Days	11	12	10	28	34	21	16	19
ROCE %	18%	-1%	6%	24%	15%	2%	2%	18%

BHARATGEARUpdated 14 Oct 2026, 23:22

Bharat Gears Ltd.

BHARATGEARUpdated 14 Oct 2026, 23:22

Market Cap

₹160Cr.

Current Price

₹104

High / Low

₹141/83.6

Stock P/E

10.6

ROE13.4%

ROCE18.1%

Book Value₹85.4

Face Value₹10.0

Dividend Yield0.96%

About

Incorporated in 1971, Bharat Gears Ltdis in the Automotive Gears business[1]

Quarterly results

Last reported quarters₹ Cr.

Quarter	Sales	Interest	Expenses	Other Income	Depreciation	Profit Before Tax	Tax	Net Profit	EPS (₹)
Jun 2023	170.48	4.42	161.94	0.41	5.55	-1.02	-25.49	-0.76	-0.49
Sep 2023	179.02	4.38	172.11	0.74	5.71	-2.44	-29.1	-1.73	-1.13
Dec 2023	142.78	4.33	141.99	1.99	5.62	-7.17	-23.29	-5.5	-3.58
Mar 2024	170.77	4.35	163.47	0.48	5.67	-2.24	-22.32	-1.74	-1.13
Jun 2024	166.01	4.39	158.48	0.29	5.86	-2.43	-25.51	-1.81	-1.18
Sep 2024	164.58	4.33	156.85	18.12	5.99	15.53	12.56	13.58	8.84
Dec 2024	142.08	4.3	144.65	0.28	6.04	-12.63	-18.53	-10.29	-6.7
Mar 2025	174.86	4.05	162.27	0.66	5.75	3.45	50.72	1.71	1.11
Jun 2025	179.8	3.66	169.96	1.78	5.75	2.21	24.89	1.65	1.07
Sep 2025	204.74	3.59	187.7	1.9	5.79	9.56	24.37	7.22	4.7
Dec 2025	189.35	3.37	177.36	0.52	5.72	3.42	24.85	2.57	1.67
Mar 2026	210.29	3.39	196.89	2.14	5.31	6.84	25.88	5.07	3.3
Jun 2026	215.65	3.25	207.53	0.41	5.08	0.2	25	0.15	0.1

Profit & loss

Annual statement₹ Cr.

Year	Sales	Interest	Expenses	Other Income	Depreciation	Profit Before Tax	Tax	Net Profit	EPS (₹)
Mar 2015	415	16	393	2	14	-6	-35	-4	-2.86
Mar 2016	398	16	367	2	16	1	54	0	0.16
Mar 2017	407	15	379	1	17	-2	-36	-1	-0.99
Mar 2018	508	17	465	2	18	9	32	6	4.12
Mar 2019	594	22	536	4	22	19	36	13	8.19
Mar 2020	463	22	444	5	27	-25	-24	-19	-12.19
Mar 2021	503	23	467	1	24	-10	-20	-8	-5
Mar 2022	729	18	664	7	20	34	24	26	16.78
Mar 2023	766	17	720	9	20	18	23	13	8.78
Mar 2024	663	17	639	3	23	-13	-24	-10	-6.34
Mar 2025	648	17	622	19	24	4	19	3	2.08
Mar 2026	784	14	732	6	23	22	25	16	10.75
TTM	820	14	769	5	22	20	—	15	9.77

Shareholding pattern

As of Jun 2026%

Holder	Share
Promoters	55.33%
FIIs	1.35%
Public	43.32%

Shareholding trend

Ownership over time%

Quarter	Promoters	FIIs	DIIs	Public
Sep 2023	55.32%	1.23%	0.03%	43.42%
Dec 2023	55.32%	1.23%	0.03%	43.42%
Mar 2024	55.32%	1.31%	0.03%	43.34%
Jun 2024	55.32%	1.27%	0.03%	43.37%
Sep 2024	55.32%	1.25%	0.03%	43.39%
Dec 2024	55.32%	1.23%	0.03%	43.42%
Mar 2025	55.32%	1.26%	0.03%	43.39%
Jun 2025	55.32%	1.23%	0.03%	43.41%
Sep 2025	55.32%	1.23%	0.03%	43.42%
Dec 2025	55.33%	1.39%	0.03%	43.26%
Mar 2026	55.33%	1.41%	0.03%	43.23%
Jun 2026	55.33%	1.35%	0%	43.32%

Balance sheet

Assets & liabilities₹ Cr.

Period	Equity Capital	Reserves	Borrowings	Other Liabilities	Total Liabilities	Fixed Assets	CWIP	Investments	Other Assets	Total Assets
Mar 2015	8	63	100	125	295	129	2	0	165	295
Mar 2016	8	63	98	99	268	115	3	0	150	268
Mar 2017	8	59	112	112	291	103	2	0	186	291
Mar 2018	8	70	134	154	366	113	2	0	250	366
Mar 2019	8	80	162	170	420	145	10	0	264	420
Mar 2020	9	70	152	143	374	150	2	0	222	374
Mar 2021	9	65	118	192	384	134	1	0	249	384
Mar 2022	10	98	107	189	404	118	1	0	285	404
Mar 2023	15	105	116	171	407	132	2	1	272	407
Mar 2024	15	95	113	162	385	133	5	1	247	385
Mar 2025	15	98	80	172	364	128	2	1	232	364
Mar 2026	15	116	73	197	401	116	4	1	280	401

Cash flows

Operating, investing & financing₹ Cr.

Period	Operating	Investing	Financing	Net cash flow
Mar 2015	20	-5	-15	0
Mar 2016	23	-7	-16	0
Mar 2017	20	-5	-18	-3
Mar 2018	6	-21	27	12
Mar 2019	50	-56	-5	-11
Mar 2020	54	-29	-20	4
Mar 2021	59	-2	-57	0
Mar 2022	30	-5	-32	-7
Mar 2023	42	-26	-3	13
Mar 2024	47	-13	-37	-4
Mar 2025	49	2	-51	0
Mar 2026	29	-8	-31	-10

Key ratios

Historical financial ratios

Category	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor Days	63	58	83	92	71	81	77	72	58	64	55	53
Inventory Days	120	112	123	119	125	120	133	89	89	84	99	89
Days Payable	178	148	175	181	155	167	229	148	118	124	135	132
Cash Conversion Cycle	6	22	31	30	41	33	-20	13	30	24	19	11
Working Capital Days	-8	4	1	32	11	12	10	28	34	21	16	19
ROCE %	6%	10%	7%	13%	18%	-1%	6%	24%	15%	2%	2%	18%

Frequently asked questions

Quick answers about this company's financials on Fincrux

What is the market cap of BHARAT GEARS LTD. (BHARATGEAR)?

The reported market capitalisation for BHARAT GEARS LTD. (BHARATGEAR) is ₹160Cr. on Fincrux. Figures may update with market data and filings.

What is the current share price of BHARATGEAR?

The current price shown for BHARAT GEARS LTD. (BHARATGEAR) on Fincrux is ₹104 with a 52-week high/low of ₹141/83.6.

What is the P/E ratio of BHARAT GEARS LTD. (BHARATGEAR)?

The stock P/E for BHARAT GEARS LTD. (BHARATGEAR) is 10.6 on Fincrux, with ROE at 13.4% and ROCE at 18.1%.

What were BHARATGEAR latest quarterly results?

For Jun 2026, BHARAT GEARS LTD. (BHARATGEAR) reported sales ₹215.65 Cr and net profit ₹0.15 Cr (figures in ₹ crore unless noted).

What are BHARATGEAR annual sales and net profit?

For TTM, BHARAT GEARS LTD. (BHARATGEAR) shows sales of ₹820 Cr and net profit of ₹15 Cr on the Fincrux profit & loss statement.

Who owns BHARAT GEARS LTD. (BHARATGEAR)?

Latest shareholding for BHARAT GEARS LTD. (BHARATGEAR) on Fincrux: Promoters 55.33% (Jun 2026), FIIs 1.35% (Jun 2026), DIIs 0.00% (Jun 2026), Public 43.32% (Jun 2026), No. of Shareholders 22,703% (Jun 2026).

Where can I find BHARAT GEARS LTD. (BHARATGEAR) financials?

BHARAT GEARS LTD. (BHARATGEAR) financials on Fincrux include quarterly results, profit and loss, cash flow, balance sheet, key ratios, and shareholding patterns for NSE/BSE research.

Does Fincrux show BHARATGEAR balance sheet and cash flow?

Yes. The BHARAT GEARS LTD. (BHARATGEAR) page on Fincrux includes balance sheet, cash flow statements, historical ratios, and ownership trends alongside quarterly and annual results.

Figures in ₹ crore unless noted. Data sourced for research and may lag filings.

Last updated 14 October 2026 at 23:22