Bharat Seats Ltd
Bharat Seats Ltd
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30 extracted metrics + investor summaries across FY14–FY26.
Tapetide Score
Data-driven rating, 0–100. How it works →
Technical Indicators
Key Insights
Strengths
4- Company has reduced debt.
- Company is expected to give good quarter
- Company has delivered good profit growth of 56.7% CAGR over last 5 years
- Company has been maintaining a healthy dividend payout of 21.2%
Weaknesses
1- Company might be capitalizing the interest cost
Growth Rate
Quarterly Results
| Jun 2023 | 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 | 253 | 286 | 250 | 278 | 299 | 291 | 306 | 393 | 427 | 459 | 491 | 574 | 578 |
| Expenses | 241 | 269 | 235 | 261 | 282 | 273 | 288 | 370 | 405 | 436 | 466 | 545 | 550 |
| Operating Profit | 12 | 17 | 15 | 17 | 17 | 18 | 19 | 23 | 22 | 23 | 25 | 30 | 28 |
| OPM % | 4.8% | 6% | 6% | 6% | 6% | 6% | 6% | 6% | 5% | 4.9% | 5% | 5% | 4.9% |
| Other Income | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 0 | 1 | 1 |
| Interest | 1 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 3 | 2 | 2 | 2 |
| Depreciation | 5 | 6 | 6 | 6 | 6 | 6 | 7 | 7 | 8 | 9 | 9 | 9 | 9 |
| PBT | 6 | 9 | 8 | 11 | 9 | 10 | 10 | 15 | 12 | 13 | 13 | 19 | 18 |
| Tax % | 27% | 25% | 27% | 23% | 26% | 26% | 26% | 25% | 26% | 26% | 26% | 28% | 25% |
| Net Profit | 5 | 7 | 6 | 8 | 7 | 7 | 8 | 11 | 9 | 10 | 10 | 13 | 13 |
| EPS in Rs | 0.74 | 1.08 | 0.88 | 1.29 | 1.05 | 1.13 | 1.21 | 1.81 | 1.46 | 1.58 | 1.58 | 2.11 | 2.1 |
Profit & Loss
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 693 | 700 | 840 | 970 | 904 | 589 | 548 | 818 | 1,051 | 1,067 | 1,289 | 1,951 | 2,102 |
| Expenses | 661 | 670 | 803 | 905 | 853 | 553 | 521 | 785 | 1,005 | 1,006 | 1,213 | 1,852 | 1,996 |
| Operating Profit | 32 | 30 | 37 | 65 | 50 | 36 | 27 | 32 | 46 | 61 | 75 | 99 | 106 |
| OPM % | 4.7% | 4.3% | 4.4% | 7% | 6% | 6% | 4.9% | 3.9% | 4.4% | 6% | 6% | 5% | 5% |
| Other Income | 2 | 2 | 1 | 1 | 5 | 2 | 2 | 5 | 4 | 5 | 4 | 4 | 4 |
| Interest | 6 | 5 | 4 | 3 | 3 | 3 | 4 | 4 | 4 | 8 | 9 | 10 | 10 |
| Depreciation | 16 | 17 | 17 | 19 | 21 | 22 | 18 | 18 | 17 | 24 | 26 | 35 | 37 |
| PBT | 11 | 10 | 17 | 44 | 31 | 12 | 7 | 16 | 30 | 34 | 44 | 58 | 63 |
| Tax % | 29% | 27% | 28% | 35% | 31% | -2% | 28% | 25% | 27% | 25% | 26% | 27% | — |
| Net Profit | 8 | 7 | 12 | 28 | 21 | 13 | 5 | 12 | 22 | 25 | 33 | 42 | 46 |
| EPS in Rs | 1.29 | 1.15 | 1.94 | 4.49 | 3.41 | 1.99 | 0.77 | 1.9 | 3.43 | 3.99 | 5.21 | 6.72 | 7.37 |
| Div. Payout % | 35% | 39% | 23% | 11% | 15% | 13% | 33% | 21% | 20% | 20% | 21% | 22% | — |
Balance Sheet
| 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 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 13 | 13 |
| Reserves | 40 | 47 | 56 | 80 | 98 | 107 | 110 | 121 | 140 | 161 | 182 | 217 |
| Borrowings | 91 | 75 | 63 | 25 | 29 | 40 | 35 | 39 | 66 | 160 | 152 | 110 |
| Other Liabilities | 127 | 122 | 140 | 172 | 140 | 89 | 140 | 171 | 146 | 179 | 301 | 397 |
| Total Liabilities | 265 | 250 | 265 | 285 | 273 | 242 | 291 | 337 | 358 | 505 | 648 | 737 |
| Fixed Assets | 150 | 144 | 146 | 136 | 152 | 150 | 126 | 147 | 199 | 276 | 283 | 356 |
| CWIP | 3 | 1 | 0 | 13 | 0 | 22 | 30 | 8 | 12 | 49 | 90 | 12 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 111 | 104 | 119 | 135 | 121 | 69 | 135 | 182 | 147 | 181 | 275 | 369 |
| Total Assets | 265 | 250 | 265 | 285 | 273 | 242 | 291 | 337 | 358 | 505 | 648 | 737 |
Cash Flow
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating | 36 | 34 | 38 | 69 | 35 | 28 | 19 | 16 | 43 | 57 | 96 | 107 |
| Investing | -13 | -6 | -17 | -23 | -24 | -34 | -12 | -15 | -59 | -73 | -68 | -47 |
| Financing | -23 | -28 | -22 | -44 | -4 | -3 | -7 | -2 | 17 | 16 | -25 | -47 |
| Net Cash Flow | 0 | 0 | 0 | 2 | 7 | -9 | 0 | -1 | 0 | 0 | 3 | 12 |
| Free Cash Flow | 23 | 28 | 22 | 46 | 10 | -6 | 7 | 0 | -17 | -16 | 28 | 59 |
| CFO/OP | 116 | 122 | 111 | 127 | 89 | 93 | 80 | 56 | 127 | 113 | 137 | 122 |
Ratios
| 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 | 40 | 43 | 41 | 35 | 31 | 22 | 55 | 49 | 34 | 35 | 56 | 49 |
| Inventory Days | 7 | 9 | 8 | 12 | 11 | 16 | 24 | 28 | 12 | 16 | 19 | 13 |
| Days Payable | 56 | 60 | 61 | 66 | 59 | 57 | 99 | 68 | 48 | 59 | 87 | 69 |
| Cash Conversion Cycle | -8 | -8 | -13 | -19 | -17 | -19 | -20 | 9 | -3 | -7 | -13 | -7 |
| Working Capital Days | -35 | -34 | -26 | -13 | -12 | -18 | -13 | 2 | -13 | -17 | -20 | -12 |
| ROCE % | 13% | 12% | 17% | 40% | 28% | 11% | 7% | 12% | 18% | 15% | 16% | 20% |
Documents
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Company Information
Incorporated in 1986, Bharat Seats Ltd manufactures complete seating system and interior component for the automotive and surface transport[1]
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