BHARAT RASAYAN LTD (BHARATRAS) financials

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

Bharat Rasayan Ltd is engaged in manufacturing Technical Grade Pesticides and Intermediates used in the agro-chemical industry. It was incorporated in 1989.[1]

Market Cap: ₹1,660Cr.
Current Price: ₹998
Stock P/E: 12.0
ROE: 12.2%
ROCE: 16.1%
Book Value: ₹751
Dividend Yield: 0.05%
52W High / Low: ₹3,030/958

In Jun 2026, BHARAT RASAYAN LTD (BHARATRAS) reported sales ₹338 Cr and net profit ₹37 Cr.

Annual TTM: sales ₹1,203 Cr, net profit ₹136 Cr.

Shareholding: Promoters 74.99% (Sep 2026), FIIs 0.58% (Sep 2026), DIIs 1.70% (Sep 2026), Public 22.72% (Sep 2026), No. of Shareholders 23,084% (Sep 2026).

BHARATRAS quarterly results (₹ Cr.)
Category	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Sales	328	256	307	377	286	270	308	338
Expenses	273	215	266	304	253	228	258	287
Operating Profit	55	42	40	73	33	43	50	51
OPM %	17%	16%	13%	19%	12%	16%	16%	15%
Other Income	7	7	6	-8	9	11	10	6
Interest	1	1	1	1	1	1	1	1
Depreciation	6	7	7	6	6	7	7	7
Profit before tax	54	41	38	58	35	46	52	48
Tax %	25%	27%	25%	25%	24%	26%	25%	24%
Net Profit	40	30	28	44	26	34	39	37
EPS in Rs	24.19	17.89	17.14	26.30	15.76	20.45	23.54	22.04
Raw PDF	—	—	—	—	—	—	—	—

BHARATRAS profit and loss (₹ Cr.)
Category	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
Sales	1,213	1,091	1,301	1,234	1,044	1,171	1,240	1,203
Expenses	983	851	1,049	1,037	926	996	1,041	1,026
Operating Profit	230	240	252	197	118	175	199	177
OPM %	19%	22%	19%	16%	11%	15%	16%	15%
Other Income	14	6	16	15	21	26	22	36
Interest	16	4	7	6	3	5	5	4
Depreciation	22	26	25	26	26	27	26	27
Profit before tax	205	216	235	180	109	169	191	181
Tax %	23%	24%	25%	27%	25%	26%	25%	—
Net Profit	158	164	177	131	82	125	143	136
EPS in Rs	92.73	96.75	106.70	78.81	49.16	75.36	85.99	81.79
Dividend Payout %	0%	0%	0%	0%	1%	0%	1%	—

BHARATRAS balance sheet (₹ Cr.)
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	4	4	4	4	4	4	4	8
Reserves	405	560	724	768	897	978	1,102	1,240
Borrowings	247	94	58	174	28	80	85	1
Other Liabilities	100	94	122	142	152	129	193	157
Total Liabilities	756	752	908	1,087	1,082	1,192	1,385	1,406
Fixed Assets	150	203	191	228	225	230	230	246
CWIP	35	18	18	11	11	6	15	46
Investments	0	9	151	45	75	137	275	298
Other Assets	570	522	549	803	771	818	865	816
Total Assets	756	752	908	1,087	1,082	1,192	1,385	1,406

BHARATRAS cash flows (₹ Cr.)
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Cash from Operating Activity	-52	263	170	-65	213	41	172	132
Cash from Investing Activity	-46	-53	-149	64	-43	-76	-148	-75
Cash from Financing Activity	102	-169	-40	-25	-152	49	-1	-89
Net Cash Flow	4	40	-19	-26	18	14	23	-33
Free Cash Flow	-100	204	160	-121	191	14	137	59
CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit	-5%	137%	92%	-3%	134%	59%	120%	88%

BHARATRAS shareholding pattern (%)
Category	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Promoters	74.99%	74.99%	74.99%	74.99%	74.99%	74.99%	74.99%	74.99%
FIIs	0.45%	0.49%	0.56%	0.47%	0.43%	0.54%	0.41%	0.58%
DIIs	2.60%	2.75%	2.74%	2.75%	2.52%	2.14%	2.00%	1.70%
Public	21.96%	21.77%	21.71%	21.79%	22.05%	22.33%	22.61%	22.72%
No. of Shareholders	15,857	15,036	15,668	15,388	21,333	21,935	22,445	23,084

BHARATRAS key ratios
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor Days	103	75	99	130	96	138	131	113
Inventory Days	112	70	90	120	141	135	136	150
Days Payable	24	17	33	30	33	37	67	44
Cash Conversion Cycle	191	128	156	221	204	236	200	219
Working Capital Days	96	94	114	136	165	199	170	192
ROCE %	32%	34%	31%	28%	20%	11%	14%	16%

BHARATRASUpdated 21 Oct 2026, 3:23

Bharat Rasayan Ltd

BHARATRASUpdated 21 Oct 2026, 3:23

Market Cap

₹1,660Cr.

Current Price

₹998

High / Low

₹3,030/958

Stock P/E

12.0

ROE12.2%

ROCE16.1%

Book Value₹751

Face Value₹5.00

Dividend Yield0.05%

About

Bharat Rasayan Ltd is engaged in manufacturing Technical Grade Pesticides and Intermediates used in the agro-chemical industry. It was incorporated in 1989.[1]

Quarterly results

Last reported quarters₹ Cr.

Quarter	Sales	Interest	Expenses	Other Income	Depreciation	Profit Before Tax	Tax	Net Profit	EPS (₹)
Jun 2023	239	0	234	2	6	1	46	1	0.44
Sep 2023	263	1	248	4	6	12	34	8	4.63
Dec 2023	233	1	205	4	7	24	27	17	10.41
Mar 2024	310	1	240	11	6	73	23	56	33.68
Jun 2024	282	1	244	6	6	37	27	27	16.14
Sep 2024	328	1	273	7	6	54	25	40	24.19
Dec 2024	256	1	215	7	7	41	27	30	17.89
Mar 2025	307	1	266	6	7	38	25	28	17.14
Jun 2025	377	1	304	-8	6	58	25	44	26.3
Sep 2025	286	1	253	9	6	35	24	26	15.76
Dec 2025	270	1	228	11	7	46	26	34	20.45
Mar 2026	308	1	258	10	7	52	25	39	23.54
Jun 2026	338	1	287	6	7	48	24	37	22.04

Profit & loss

Annual statement₹ Cr.

Year	Sales	Interest	Expenses	Other Income	Depreciation	Profit Before Tax	Tax	Net Profit	EPS (₹)
Mar 2015	438	18	355	1	18	48	34	32	18.68
Mar 2016	451	13	370	1	17	52	34	34	19.93
Mar 2017	618	12	508	2	16	84	35	55	32.08
Mar 2018	792	12	634	4	16	135	27	98	57.83
Mar 2019	989	16	802	1	17	155	28	112	65.6
Mar 2020	1213	16	983	14	22	205	23	158	92.73
Mar 2021	1091	4	851	6	26	216	24	164	96.75
Mar 2022	1301	7	1049	16	25	235	25	177	106.7
Mar 2023	1234	6	1037	15	26	180	27	131	78.81
Mar 2024	1044	3	926	21	26	109	25	82	49.16
Mar 2025	1171	5	996	26	27	169	26	125	75.36
Mar 2026	1240	5	1041	22	26	191	25	143	85.99
TTM	1203	4	1026	36	27	181	—	136	81.79

Shareholding pattern

As of Sep 2026%

Holder	Share
Promoters	74.99%
FIIs	0.58%
DIIs	1.7%
Public	22.72%

Shareholding trend

Ownership over time%

Quarter	Promoters	FIIs	DIIs	Public
Dec 2023	74.99%	0.34%	2.57%	22.09%
Mar 2024	74.99%	0.34%	2.57%	22.09%
Jun 2024	74.99%	0.35%	2.59%	22.07%
Sep 2024	74.99%	0.46%	2.64%	21.9%
Dec 2024	74.99%	0.45%	2.6%	21.96%
Mar 2025	74.99%	0.49%	2.75%	21.77%
Jun 2025	74.99%	0.56%	2.74%	21.71%
Sep 2025	74.99%	0.47%	2.75%	21.79%
Dec 2025	74.99%	0.43%	2.52%	22.05%
Mar 2026	74.99%	0.54%	2.14%	22.33%
Jun 2026	74.99%	0.41%	2%	22.61%
Sep 2026	74.99%	0.58%	1.7%	22.72%

Balance sheet

Assets & liabilities₹ Cr.

Period	Equity Capital	Reserves	Borrowings	Other Liabilities	Total Liabilities	Fixed Assets	CWIP	Investments	Other Assets	Total Assets
Mar 2015	4	109	140	82	335	137	2	30	167	335
Mar 2016	4	142	111	69	326	136	1	20	169	326
Mar 2017	4	196	115	54	369	131	1	0	237	369
Mar 2018	4	294	128	77	504	148	7	0	349	504
Mar 2019	4	405	247	100	756	150	35	0	570	756
Mar 2020	4	560	94	94	752	203	18	9	522	752
Mar 2021	4	724	58	122	908	191	18	151	549	908
Mar 2022	4	768	174	142	1087	228	11	45	803	1087
Mar 2023	4	897	28	152	1082	225	11	75	771	1082
Mar 2024	4	978	80	129	1192	230	6	137	818	1192
Mar 2025	4	1102	85	193	1385	230	15	275	865	1385
Mar 2026	8	1240	1	157	1406	246	46	298	816	1406

Cash flows

Operating, investing & financing₹ Cr.

Period	Operating	Investing	Financing	Net cash flow
Mar 2015	60	-41	-19	0
Mar 2016	47	-5	-43	-1
Mar 2017	16	8	-24	0
Mar 2018	29	-31	2	0
Mar 2019	-52	-46	102	4
Mar 2020	263	-53	-169	40
Mar 2021	170	-149	-40	-19
Mar 2022	-65	64	-25	-26
Mar 2023	213	-43	-152	18
Mar 2024	41	-76	49	14
Mar 2025	172	-148	-1	23
Mar 2026	132	-75	-89	-33

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	66	71	71	102	103	75	99	130	96	138	131	113
Inventory Days	73	71	75	66	112	70	90	120	141	135	136	150
Days Payable	48	32	17	25	24	17	33	30	33	37	67	44
Cash Conversion Cycle	91	110	129	143	191	128	156	221	204	236	200	219
Working Capital Days	14	32	66	87	96	94	114	136	165	199	170	192
ROCE %	27%	25%	34%	39%	32%	34%	31%	28%	20%	11%	14%	16%

Frequently asked questions

Quick answers about this company's financials on Fincrux

What is the market cap of BHARAT RASAYAN LTD (BHARATRAS)?

The reported market capitalisation for BHARAT RASAYAN LTD (BHARATRAS) is ₹1,660Cr. on Fincrux. Figures may update with market data and filings.

What is the current share price of BHARATRAS?

The current price shown for BHARAT RASAYAN LTD (BHARATRAS) on Fincrux is ₹998 with a 52-week high/low of ₹3,030/958.

What is the P/E ratio of BHARAT RASAYAN LTD (BHARATRAS)?

The stock P/E for BHARAT RASAYAN LTD (BHARATRAS) is 12.0 on Fincrux, with ROE at 12.2% and ROCE at 16.1%.

What were BHARATRAS latest quarterly results?

For Jun 2026, BHARAT RASAYAN LTD (BHARATRAS) reported sales ₹338 Cr and net profit ₹37 Cr (figures in ₹ crore unless noted).

What are BHARATRAS annual sales and net profit?

For TTM, BHARAT RASAYAN LTD (BHARATRAS) shows sales of ₹1,203 Cr and net profit of ₹136 Cr on the Fincrux profit & loss statement.

Who owns BHARAT RASAYAN LTD (BHARATRAS)?

Latest shareholding for BHARAT RASAYAN LTD (BHARATRAS) on Fincrux: Promoters 74.99% (Sep 2026), FIIs 0.58% (Sep 2026), DIIs 1.70% (Sep 2026), Public 22.72% (Sep 2026), No. of Shareholders 23,084% (Sep 2026).

Where can I find BHARAT RASAYAN LTD (BHARATRAS) financials?

BHARAT RASAYAN LTD (BHARATRAS) 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 BHARATRAS balance sheet and cash flow?

Yes. The BHARAT RASAYAN LTD (BHARATRAS) 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 21 October 2026 at 3:23