Price
Financials
Standalone, Rs crore| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 94.36 | 116.79 | 93.91 | 104.82 | 107.32 | 126.81 | 103.77 | 111.54 | 134.34 | 175.45 | 170.09 | 190.00 |
| Expenses | 96.95 | 112.75 | 89.46 | 99.56 | 101.96 | 121.46 | 99.85 | 105.92 | 128.74 | 168.09 | 164.09 | 179.86 |
| Operating Profit | -2.59 | 4.04 | 4.45 | 5.26 | 5.36 | 5.35 | 3.92 | 5.62 | 5.60 | 7.36 | 6.00 | 10.14 |
| OPM % | -2.74% | 3.46% | 4.74% | 5.02% | 4.99% | 4.22% | 3.78% | 5.04% | 4.17% | 4.19% | 3.53% | 5.34% |
| Other Income | 6.50 | 0.22 | 0.41 | 0.34 | 0.38 | 0.53 | 0.72 | 0.65 | 0.65 | 0.67 | 1.85 | 0.68 |
| Interest | 0.23 | 0.56 | 0.43 | 0.46 | 0.38 | 0.68 | 0.24 | 0.64 | 0.85 | 0.75 | 0.58 | 0.51 |
| Depreciation | 0.35 | 0.38 | 0.38 | 0.43 | 0.45 | 0.48 | 0.43 | 0.85 | 0.66 | 0.72 | 0.66 | 1.21 |
| Profit before tax | 3.33 | 3.32 | 4.05 | 4.71 | 4.91 | 4.72 | 3.97 | 4.78 | 4.74 | 6.56 | 6.61 | 9.10 |
| Tax % | 25.83% | 25.30% | 26.42% | 22.72% | 25.46% | 23.94% | 26.45% | 24.90% | 21.31% | 25.15% | 31.16% | 25.16% |
| Net Profit | 2.47 | 2.49 | 2.98 | 3.65 | 3.66 | 3.58 | 2.93 | 3.58 | 3.73 | 4.91 | 4.55 | 6.82 |
| EPS in Rs | 0.20 | 0.20 | 0.24 | 0.29 | 0.29 | 0.29 | 0.23 | 0.29 | 0.29 | 0.38 | 0.32 | 0.48 |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 90 | 124 | 155 | 165 | 168 | 173 | 233 | 342 | 414 | 442 | 591 | 670 |
| Expenses | 95 | 132 | 160 | 172 | 177 | 182 | 242 | 330 | 397 | 423 | 566 | 641 |
| Operating Profit | -5 | -7 | -5 | -7 | -9 | -9 | -9 | 12 | 17 | 20 | 25 | 29 |
| OPM % | -6% | -6% | -3.1% | -4.3% | -5% | -5% | -3.7% | 3.6% | 4.1% | 4.5% | 4.2% | 4.3% |
| Other Income | 6 | 9 | 12 | 16 | 19 | 17 | 18 | 2 | 2 | 2 | 4 | 4 |
| Interest | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 3 | 3 |
| Depreciation | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 3 | 3 |
| Profit before tax | 0 | 1 | 5 | 7 | 7 | 5 | 7 | 11 | 15 | 18 | 23 | 27 |
| Tax % | 30% | 32% | 34% | 30% | 26% | 29% | 26% | 25% | 25% | 25% | 26% | |
| Net Profit | 0 | 1 | 4 | 5 | 5 | 4 | 5 | 8 | 12 | 14 | 17 | 20 |
| EPS in Rs | 0.30 | 0.51 | 0.29 | 0.40 | 0.43 | 0.30 | 0.42 | 0.68 | 0.92 | 1.10 | 1.19 | 1.47 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 93% | 17% | 12% | 7% | 1% | 4% | 3% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | 21% | 28% | 20% | 49% | ||
| Compounded Profit Growth | 49% | 35% | 25% | 46% | ||
| Stock Price CAGR | % | 20% | 22% | 39% | ||
| Return on Equity | 16% | 16% | 17% | 15% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 0.52 | 0.52 | 0.52 | 6 | 13 | 13 | 13 | 13 | 13 | 13 | 13 | 14 |
| Reserves | 2 | 3 | 3 | 22 | 21 | 26 | 29 | 34 | 42 | 54 | 76 | 119 |
| Borrowings | 3 | 2 | 4 | 2 | 6 | 11 | 11 | 15 | 19 | 21 | 8 | 10 |
| Other Liabilities | 12 | 13 | 17 | 16 | 13 | 15 | 17 | 21 | 21 | 30 | 34 | 56 |
| Total Liabilities | 18 | 18 | 25 | 46 | 52 | 65 | 69 | 82 | 95 | 117 | 131 | 199 |
| Fixed Assets | 3 | 3 | 5 | 6 | 7 | 7 | 7 | 8 | 8 | 10 | 13 | 29 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 15 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 16 | 15 | 20 | 40 | 45 | 43 | 62 | 75 | 87 | 107 | 118 | 169 |
| Total Assets | 18 | 18 | 25 | 46 | 52 | 65 | 69 | 82 | 95 | 117 | 131 | 199 |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 2 | -1 | 6 | 8 | 2 | -1 | 8 | 5 | 5 | 2 | ||
| Cash from Investing Activity | -2 | -6 | -4 | -20 | -2 | -2 | -0 | -1 | -8 | -19 | ||
| Cash from Financing Activity | -1 | 20 | -1 | -0 | -3 | 3 | 1 | 1 | -6 | 19 | ||
| Net Cash Flow | -0 | 13 | 2 | -12 | -3 | 0 | 9 | 5 | -9 | 2 | ||
| Free Cash Flow | 0 | -2 | 4 | 7 | 1 | -3 | 6 | 2 | 1 | -18 | ||
| CFO/OP | -36% | -27% | -115% | -110% | -37% | -13% | 89% | 53% | 46% | 26% |
| 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 | 12 | 12 | 15 | 11 | 12 | 13 | 10 | 8 | 6 | 5 | 4 | 5 |
| Inventory Days | 34 | 37 | 38 | 38 | 37 | 49 | 62 | 65 | 52 | 50 | 59 | 66 |
| Days Payable | 43 | 53 | 50 | 33 | 23 | 25 | 20 | 20 | 11 | 13 | 12 | 11 |
| Cash Conversion Cycle | 4 | -4 | 3 | 16 | 26 | 37 | 53 | 54 | 47 | 43 | 52 | 60 |
| Working Capital Days | -1 | -2 | -3 | 17 | 20 | 23 | 37 | 38 | 27 | 29 | 49 | 66 |
| ROCE % | 15% | 16% | 22% | 33% | 22% | 20% | 13% | 15% | 20% | 21% | 22% | 21% |
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoters | 73.66% | 73.66% | 73.85% | 73.85% | 73.88% | 73.88% | 73.88% | 73.88% | 74.06% | 71.22% | 71.22% | 69.45% |
| FIIs | 0.00% | 0.00% | 0.08% | 0.08% | 0.08% | 0.08% | 0.08% | 0.48% | 0.48% | 4.30% | 4.30% | 7.54% |
| DIIs | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.16% | 0.35% | 0.46% | 0.48% |
| Public | 26.35% | 26.35% | 26.07% | 26.07% | 26.03% | 26.06% | 26.04% | 25.65% | 25.31% | 24.14% | 24.01% | 22.52% |
| No. of Shareholders | 18,056 | 19,770 | 22,680 | 22,823 | 22,779 | 22,827 | 22,608 | 22,104 | 21,714 | 20,922 | 20,492 | 20,011 |
Fundamentals
Market Cap₹ 554 Cr.
Current Price₹ 39.4
Stock P/E27.7
Book Value₹ 9.43
ROCE21.3 %
ROE15.2 %
Dividend Yield0.10 %
Face Value₹ 1.00
Compounded Sales Growth (TTM)49%
Compounded Profit Growth (TTM)46%
Standalone figures.
Valuation
Market capRs 518 Cr
Enterprise valueRs 519 Cr
P/E (TTM)25.87x
Price to book3.90x
Price to sales0.77x
EV / EBITDA15.76x
EV / EBIT17.48x
EV / sales0.78x
Price to cash flow340.62x
Earnings yield3.86%
Dividend yield0.11%
P/E, 3-year average20.56x
P/B, 3-year average3.18x
P/E, 5-year average28.37x
P/B, 5-year average3.94x
Profitability
Operating margin (excl. other income)4.16%
Operating margin (incl. other income)4.80%
EBITDA margin4.92%
Pre-tax margin4.03%
Net profit margin2.99%
Net margin, latest quarter3.59%
ROE15.16%
ROCE21.28%
ROA10.18%
ROE, 3-year average17.37%
ROCE, 3-year average21.41%
ROA, 3-year average10.74%
ROE, 5-year average16.21%
ROCE, 5-year average19.83%
ROA, 5-year average9.75%
ROIC (approx.)16.38%
Tax rate26.07%
Other income / net worth2.88%
Growth
Sales growth (latest year)33.53%
Profit growth (latest year)21.27%
Sales CAGR, 3 years19.95%
Sales CAGR, 5 years27.87%
Profit CAGR, 3 years25.45%
Profit CAGR, 5 years34.98%
Sales growth QoQ11.71%
Profit growth QoQ49.89%
Sales growth YoY (latest quarter)70.34%
Profit growth YoY (latest quarter)90.50%
Per share
EPS (TTM)Rs 1.42
EPS (latest year)Rs 1.19
EPS (latest quarter)Rs 0.48
EPS, 3-year averageRs 1.07
EPS, 5-year averageRs 0.86
Book value per shareRs 9.43
Sales per shareRs 47.63
Cash flow per shareRs 0.11
Free cash flow per shareRs -1.28
Dividend per share (latest year)Rs 0.04
Dividend per share, 3-year averageRs 0.03
Dividend per share, 5-year averageRs 0.04
Dividends
Dividend payout3.34%
Dividend payout, 3-year average2.70%
Dividend payout, 5-year average5.49%
Efficiency
Asset turnover2.98x
Fixed asset turnover20.16x
Inventory turnover5.54x
Inventory days66 days
Debtor days5 days
Debtors turnover71.10x
Creditor days11 days
Cash conversion cycle60 days
Working capital days66 days
Leverage
Total debtRs 10 Cr
Cash and bankRs 9 Cr
Net debtRs 1 Cr
Debt to equity0.08x
Net debt / EBITDA0.05x
Interest coverage11.04x
Owners' fund to total sources66.79%
Debt to assets5.10%
Cash flow
Cash from Operating Activity (latest year)Rs 2 Cr
Cash from Investing Activity (latest year)Rs -19 Cr
Cash from Financing Activity (latest year)Rs 19 Cr
Net Cash Flow (latest year)Rs 2 Cr
Free cash flow (latest year)Rs -18 Cr
FCFE (approx.: FCF + change in debt)Rs -16 Cr
Cash from ops / profit, 5 years0.34x
Sales to cash flow388.74x
Statement figures
Net sales (TTM)Rs 670 Cr
Net sales (latest year)Rs 591 Cr
Sales (latest quarter)Rs 190 Cr
Operating profit excl. other income (latest year)Rs 25 Cr
Operating profit (latest quarter)Rs 10 Cr
Other income (TTM)Rs 4 Cr
EBITDA (TTM)Rs 33 Cr
PBDT (TTM)Rs 30 Cr
Profit before tax (TTM)Rs 27 Cr
Tax (latest year)Rs 6 Cr
Net profit (TTM)Rs 20 Cr
Net profit (latest year)Rs 17 Cr
Net profit (latest quarter)Rs 7 Cr
Depreciation (TTM)Rs 3 Cr
Depreciation (latest quarter)Rs 1 Cr
Interest (TTM)Rs 3 Cr
Cost of goods sold (latest year)Rs 534 Cr
Total expenditure (latest year)Rs 566 Cr
Total income (latest year)Rs 595 Cr
Share capitalRs 14 Cr
ReservesRs 119 Cr
Shareholders' fundsRs 133 Cr
Total assetsRs 199 Cr
Net blockRs 29 Cr
ReceivablesRs 8 Cr
InventoryRs 96 Cr
Other liabilitiesRs 56 Cr
Shares outstanding (crore)14.07
Ownership
Promoter holding69.45% (-4.43 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/E 25.9 is at the 38th percentile of its own 8.6-year range
(median 30.3, low 17.2, high 247.9).
P/B 3.90 is at the 37th percentile (median 4.36).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
| Period | 540956 | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | -3.3% | -2.8% | -0.5 pts |
| 1 month | +18.7% | -6.8% | +25.5 pts |
| 3 months | +47.7% | -7.6% | +55.3 pts |
| 3 years | +68.9% | +14.2% | +54.8 pts |
| 5 years | +120.6% | +27.9% | +92.7 pts |
Red flags
F-score 3 of 8| explain | Weak cash conversion Cash from operations was 28% of net profit over the last 3 years |
| look | Share dilution Share count up 12% in a year, 12% in three |
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.
Latest quarter
Jun 2026Sales ₹190 Cr +70.3% vs Jun 2025.
Net profit ₹7 Cr +90.5%.
Activity
Compare| Company | Mcap (Cr) | P/E | ROCE |
|---|---|---|---|
| Trent Ltd | 140,507 | 76.8 | 28.3 % |
| Vedant Fashions Ltd | 12,919 | 33.5 | 22.8 % |
| Aditya Birla Lifestyle Brands Ltd | 9,396 | 44.0 | 15.0 % |
| V2 Retail Ltd | 7,637 | 46.6 | 19.5 % |
| Aditya Vision Ltd | 7,565 | 54.0 | 17.1 % |
| Aditya Birla Fashion & Retail Ltd | 5,644 | -3.76 % | |
| SS Retail Ltd | 5,548 | 89.8 | 25.2 % |
| Arvind Fashions Ltd | 5,491 | 41.9 | 19.6 % |
| Purple Style Labs Ltd | 4,224 | -12.4 % | |
| Baazar Style Retail Ltd | 3,082 | 113 | 7.57 % |
| Shankara Buildpro Ltd | 3,023 | 22.7 | 39.0 % |
| Go Fashion (India) Ltd | 1,602 | 30.0 | 10.8 % |
| Sai Silks (Kalamandir) Ltd | 1,169 | 8.56 | 14.4 % |
| Credo Brands Marketing Ltd | 453 | 10.2 | 14.4 % |
| Shankara Building Products Ltd | 308 | 59.1 | 2.92 % |
No bulk or block deals on record.
No corporate actions on record.
No announcements in our files yet.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Not on any NSE surveillance list in the latest file.
Quick answers
What is the market cap of Bhatia Communications & Retail (India) Ltd?
Bhatia Communications & Retail (India) Ltd (540956) has a market capitalisation of Rs 554 Cr. at the 2026-10-01 close.
What is the P/E ratio of Bhatia Communications & Retail (India) Ltd?
Bhatia Communications & Retail (India) Ltd trades at a P/E of 27.7 on trailing twelve-month profit, at the 2026-10-01 close.
What were Bhatia Communications & Retail (India) Ltd's latest quarterly results?
In the Jun 2026 quarter, Bhatia Communications & Retail (India) Ltd sales was Rs 190 Cr (+70.3% vs Jun 2025) and net profit was Rs 7 Cr.