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Bharat Rasayan Limited

Bharat Rasayan Limited

NSE: BHARATRAS
Agricultural InputsBasic MaterialsSMALL CAPMCap ₹1.66k Cr
₹997.50₹12.20 (+1.24%)

Market Closed • NSE

Market cap₹1.66k Cr
Enterprise value₹1.37k Cr
P/E TTM6.43
Forward P/E2.98
P/B1.30
EPS TTM₹155.06
Forward EPS₹334.40
ROCE16.00%
D/E0.10
Dividend yield0.00%
Face value₹5.00
52W high₹2,987.50
52W low₹958.00
Price chart(1Y)
1Y Return:-29.01% (₹407.60)
H: ₹1,475.8L: ₹958
1W+2.77%
1M-14.30%
3M-24.53%
6M-31.81%
1Y-57.94%
Today at a glance

Day range

₹975.00₹1,000.00

52 week range

₹958.00₹2,987.50
Volume4.2K0.23x 20D avg
Free float50.00%-77.20% volume

Bharat Rasayan Limited closed at INR997.50 (+1.24%) on volume 0.23x its 20-day average, trading 66.61% below its 52-week high.

Technical analysis
RSI (14)33.0Neutral (30–70)
MACDBULLISHBullish (Above signal)
ATR (14)₹32.09High
SMA 20₹1,031.69BEARISH
SMA 50₹1,161.11BEARISH
SMA 100₹1,261.72BEARISH
SMA 200₹1,427.65BEARISH
CPR bottom₹987.75
Pivot₹986.93
CPR top₹986.12
What changed recently?

2026-Q2

Q2 FY2026 Financial Results

PAT moved -2.6% QoQ

2026-09-17

DIVIDEND Announced

Dividend - Re 0.50 Per Share

2025-12-12

DIVIDEND Announced

Face Value Split (Sub-Division) - From Rs 10/- Per Share To Rs 5/- Per Share

Shariah audit
Methodology: AAOIFI Shariah Standard No. 21
PASS4/4 criteria
Shariah Compliant
CriteriaNumeratorDenominatorValueThresholdStatus
Interest-bearing debt ratio₹1.2 Cr₹1.66k Cr0.07%≤ 33%PASS
Non-halal income ratio–₹1.24k Cr0.00%≤ 5%PASS
Illiquid assets ratio₹1.41k Cr₹1.43k Cr98.41%≥ 20%PASS
Receivables ratio–₹1.43k Cr—≤ 49%PASS
Valuation & sector context
MetricCompanySector
P/E6.4321.90
Forward P/E2.98—
P/B1.302.20
EV/EBITDA—18.00
PEG—1.00
Earnings yield15.504.60
Growth & profitability
RevenuePAT
FY24PAT margin 9.20%
FY25PAT margin 12.00%
FY26PAT margin 11.70%

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

Revenue CAGR 3Y+2.00%
Revenue CAGR 5Y+3.50%
PAT CAGR 3Y+1.10%
PAT CAGR 5Y+8.70%
Operating margin12.93%
Net margin11.92%
Financial health & cash flow
Net debt–Moderate
Interest coverage37.60xEBIT / interest
CFO / PAT1.01x3Y average
Net debt / EBITDA—Leverage
Operating cash flow₹132.0 Cr
Capital expenditure–
Free cash flow₹58.5 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
Overall83/100
Valuation75/100
Profitability80/100
Financial health95/100

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

Strong Capital Efficiency: ROCE stands at 16.0%

Low Debt Profile: Debt-to-Equity is comfortable at 0.10x

High Cash Flow Conversion: CFO/PAT averaged 1.01x over last 3 years

Attractive Valuation: P/E of 6.4x trades below sector historical averages

Risks

Subject to cyclical raw material and macro industry pressures

Bull case

Market Leadership: Established operational scale in Agricultural Inputs.

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

80%53%27%0%Sept 2024Dec 2024Jun 2025Sept 2025Dec 2025
2.68%Institutional holding
22.33%Public holding
5Periods available
0.00%Promoter pledged
21.94KShareholders
Corporate Action

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

Record dateCorporate actionInformationAnnouncement dateEx-date
17 Sept 2026Dividend₹0.50 / share—17 Sept 2026
12 Dec 2025Dividend₹10.00 / share—12 Dec 2025
12 Dec 2025Bonus issue1:1 bonus ratio—12 Dec 2025
12 Sept 2025Dividend₹1.50 / share—12 Sept 2025
12 Sept 2024Dividend₹1.50 / share—12 Sept 2024
—Annual General MeetingAnnual General Meeting—12 Sept 2024
—Annual General MeetingAnnual General Meeting—06 Sept 2023
06 Sept 2023Dividend₹1.50 / share—06 Sept 2023
—Dividend₹1.50 / share—05 Sept 2022
—Dividend₹1.50 / share—06 Sept 2021
05 Mar 2021Buy BackBuy Back—04 Mar 2021
—Dividend₹1.50 / share—16 Sept 2020
—Dividend₹1.50 / share—17 Sept 2019
—Dividend₹1.50 / share—19 Sept 2018
—Dividend₹1.50 / share—19 Sept 2017
—Dividend₹1.20 / share—20 Sept 2016
—Dividend₹1.50 / share—16 Sept 2015
Delivery participation

Traded volume and delivery percentage across the latest 20 sessions

Average delivery (20D)53.89%-0.51% latest vs average
Highest delivery64.95%on 29 Sept
Average volume (20D)18.2KTrading-session average
Conviction trendWeakening-0.51% 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 %
UltraTech Cement Limited
UltraTech Cement LimitedULTRACEMCO
Open analysis
₹3.21L37.592.21%₹25,799.47₹2,982.76+11.86%+20.17%
JSW Steel Limited
JSW Steel LimitedJSWSTEEL
Open analysis
₹2.97L12.050.59%₹47,364.00₹4,651.00+11.55%+112.96%
Hindustan Zinc Limited
Hindustan Zinc LimitedHINDZINC
Open analysis
₹2.28L13.372.07%₹13,687.00₹5,425.00+77.22%+146.14%
Asian Paints Limited
Asian Paints LimitedASIANPAINT
Open analysis
₹2.24L46.941.17%₹10,541.94₹1,539.25+17.94%+39.96%
Tata Steel Limited
Tata Steel LimitedTATASTEEL
Open analysis
₹2.19L19.832.27%₹60,794.00₹2,385.00+14.32%+18.83%
Hindalco Industries Limited
Hindalco Industries LimitedHINDALCO
Open analysis
₹2.02L12.320.56%₹84,825.00₹7,013.00+32.06%+75.15%
Grasim Industries Limited
Grasim Industries LimitedGRASIM
Open analysis
₹1.98L34.820.35%₹11,794.71₹246.65-70.60%-82.61%
Solar Industries India Limited
Solar Industries India LimitedSOLARINDS
Open analysis
₹1.81L90.930.06%₹3,668.00₹666.00+70.29%+88.67%
About Bharat Rasayan Limited
Bharat Rasayan Limited

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

IndiaBasic Materials

Questions investors ask
Is Bharat Rasayan Limited Shariah compliant?

Bharat Rasayan Limited is currently screened as Shariah Compliant under AAOIFI Shariah Standard No. 21. Business activities align with Shariah permissible sectors. Debt to Market Cap (0.07%) complies with AAOIFI threshold (≤ 33%).

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

Bharat Rasayan Limited trades at a P/E of 6.4x compared to the sector median of 21.9x, and a Price-to-Book of 1.3x.

Is the company financially healthy?

The company has a Debt-to-Equity ratio of 0.10x. Interest coverage is 37.6x.

What are the historical revenue and profit growth rates?

Over the past 5 years, revenue compounded at 3.5% while net profit growth averaged 8.7%.

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.