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Bharat Gears Limited

Bharat Gears Limited

NSE: BHARATGEAR
Auto PartsConsumer CyclicalSMALL CAPMCap ₹157.7 Cr
₹102.67₹0.97 (+0.95%)

Market Closed • NSE

Market cap₹157.7 Cr
Enterprise value₹229.0 Cr
P/E TTM10.50
P/B1.20
EPS TTM₹9.78
D/E0.56
Dividend yield0.01%
52W high₹141.33
52W low₹83.80
Price chart(1Y)
1Y Return:-7.60% (₹8.45)
H: ₹141.33L: ₹98.6
1W-0.33%
1M+1.35%
3M-15.62%
6M-6.13%
1Y-10.05%
Today at a glance

Day range

₹101.51₹104.65

52 week range

₹83.80₹141.33
Volume7.2K0.49x 20D avg
Free float50.00%-51.50% volume

Bharat Gears Limited closed at INR102.67 (+0.95%) on volume 0.49x its 20-day average, trading 27.35% below its 52-week high.

Technical analysis
RSI (14)50.1Neutral (30–70)
MACDBULLISHBullish (Above signal)
ATR (14)₹3.42High
SMA 20₹101.76BULLISH
SMA 50₹102.26BULLISH
SMA 100₹112.32BEARISH
SMA 200₹109.93BEARISH
CPR bottom₹103.23
Pivot₹102.72
CPR top₹102.21
What changed recently?

2026-Q1

Q1 FY2026 Financial Results

PAT moved +97.3% QoQ

2026-08-06

DIVIDEND Announced

Dividend - Re 1 Per Share

2022-09-27

BONUS Announced

Bonus 1:2

Shariah audit
Methodology: AAOIFI Shariah Standard No. 21
FAIL3/4 criteria
Non-Compliant (Financial Ratios)
CriteriaNumeratorDenominatorValueThresholdStatus
Interest-bearing debt ratio₹72.9 Cr₹157.7 Cr46.24%≤ 33%FAIL
Non-halal income ratio–₹784.2 Cr0.00%≤ 5%PASS
Illiquid assets ratio₹400.7 Cr₹400.8 Cr99.98%≥ 20%PASS
Receivables ratio–₹400.8 Cr—≤ 49%PASS
Valuation & sector context
MetricCompanySector
P/E10.5026.80
Forward P/E——
P/B1.202.70
EV/EBITDA—18.00
PEG—1.00
Earnings yield9.503.70
Growth & profitability
RevenuePAT
FY19PAT margin —
FY23PAT margin 1.80%
FY24PAT margin -1.50%
FY25PAT margin 0.50%
FY26PAT margin 2.10%

Revenue and PAT bars use independent scales to make their year-on-year direction readable.

Revenue CAGR 3Y+1.60%
Revenue CAGR 5Y+5.50%
PAT CAGR 3Y+7.00%
PAT CAGR 5Y—
Operating margin1.41%
Net margin1.83%
Financial health & cash flow
Net debt₹72.8 CrModerate
Interest coverage2.10xEBIT / interest
CFO / PAT3.98x3Y average
Net debt / EBITDA—Leverage
Operating cash flow₹29.4 Cr
Capital expenditure–
Free cash flow₹18.5 Cr
Financial statements

Complete reported financial history · Values use the company's reporting currency

Hover over the chart for exact reported values. Percentage lines use the right-hand axis.

Fundamental scorecard
Overall63/100
Valuation75/100
Profitability50/100
Financial health65/100

A 0–100 quantitative summary of reported fundamentals. Use the underlying financials and risks for context; the score is not a buy or sell recommendation.

Strengths, risks & investment thesis

Strengths

High Cash Flow Conversion: CFO/PAT averaged 3.98x over last 3 years

Attractive Valuation: P/E of 10.5x trades below sector historical averages

Risks

Subject to cyclical raw material and macro industry pressures

Bull case

Market Leadership: Established operational scale in Auto Parts.

Bear case

Macro Headwinds: Fluctuations in interest rates and sector-specific policy shifts could compress multiples.

Flip condition

Sustained quarterly EBITDA margin expansion above 20% would trigger an upgrade.

Shareholding pattern
Quarterly ownership historyLatest valid period · December 2025

Ownership distribution

Dec 2025Latest holding

Category trends

Hover over a period for exact holdings

60%40%20%0%Sept 2024Dec 2024Jun 2025Sept 2025Dec 2025
1.44%Institutional holding
43.23%Public holding
5Periods available
0.00%Promoter pledged
23.21KShareholders
Corporate Action

Complete dividend, bonus, split, rights and other action history

Record dateCorporate actionInformationAnnouncement dateEx-date
06 Aug 2026Dividend₹1.00 / share—06 Aug 2026
28 Sept 2022Bonus issue1:2 bonus ratio—27 Sept 2022
29 Oct 2021Rights issueRights 1:10 @ Premium Rs 95/-—28 Oct 2021
30 Jul 2019Dividend₹1.00 / share—29 Jul 2019
03 Apr 2019Rights issueRights 1:7 @ Premium Rs 95 Per Share—02 Apr 2019
—Annual General MeetingAnnual General Meeting—23 Jul 2015
Delivery participation

Traded volume and delivery percentage across the latest 5 sessions

Average delivery (5D)69.81%+18.56% latest vs average
Highest delivery88.37%on 16 Oct
Average volume (5D)16.9KTrading-session average
Conviction trendStrengthening+18.56% latest reading
Traded volumeDelivery %
Peer comparison

Compare valuation, latest quarterly performance and year-on-year growth

8 companies
Company nameMarket cap ₹ CrP/E ratioDividend yield %Quarterly sales ₹ CrProfit after tax ₹ CrSales growth %Profit growth %
Titan Company Limited
Titan Company LimitedTITAN
Open analysis
₹3.94L68.510.34%₹21,356.00₹1,777.00+29.25%+62.88%
Maruti Suzuki India Limited
Maruti Suzuki India LimitedMARUTI
Open analysis
₹3.61L25.201.22%₹52,470.00₹3,447.00+35.92%-9.10%
Mahindra & Mahindra Limited
Mahindra & Mahindra LimitedM&M
Open analysis
₹3.51L17.781.15%₹41,959.00₹3,685.00+22.89%+6.81%
Eternal Limited
Eternal LimitedETERNAL
Open analysis
₹3.00L692.130.00%₹3,349.00₹585.00+38.79%-2.82%
Bajaj Auto Limited
Bajaj Auto LimitedBAJAJ-AUTO
Open analysis
₹2.86L24.741.44%₹17,243.72₹2,982.84+36.35%+34.94%
Eicher Motors Limited
Eicher Motors LimitedEICHERMOT
Open analysis
₹2.00L34.661.13%₹6,632.00₹1,463.00+31.54%+21.41%
TVS Motor Company Limited
TVS Motor Company LimitedTVSMOTOR
Open analysis
₹1.95L56.760.30%₹16,296.00₹1,058.00+33.46%+64.54%
Samvardhana Motherson International Limited
Samvardhana Motherson International LimitedMOTHERSON
Open analysis
₹1.70L38.550.31%₹35,244.00₹1,076.00+16.66%+77.56%
About Bharat Gears Limited
Bharat Gears Limited

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

IndiaConsumer Cyclical

Questions investors ask
Is Bharat Gears Limited Shariah compliant?

Bharat Gears Limited is currently screened as Non-Compliant (Financial Ratios) under AAOIFI Shariah Standard No. 21. Business activities align with Shariah permissible sectors. Debt to Market Cap (46.24%) exceeds AAOIFI threshold (≤ 33%).

What is Bharat Gears Limited's current valuation relative to peers?

Bharat Gears Limited trades at a P/E of 10.5x compared to the sector median of 26.8x, and a Price-to-Book of 1.2x.

Is the company financially healthy?

The company has a Debt-to-Equity ratio of 0.56x. Interest coverage is 2.1x.

What are the historical revenue and profit growth rates?

Over the past 5 years, revenue compounded at 5.5% while net profit growth averaged consistent levels.

Market data is informational and may be delayed. Shariah screening follows the displayed methodology. This is not investment advice.

Market data may be delayed. Quote date: 2026-10-16. Financial figures relate to their stated reporting periods. This information is for research and is not a recommendation to buy or sell.