Credit rating agency, CRISIL Research has assigned a CRISIL IER fundamental grade of ‘3/5’ to Bhartiya International indicating good fundamentals of the company. The rating agency has also assigned a valuation grade of ‘4/5’ to the company indicating that the current market price has got some upside.
Bhartiya is a fashion apparel company. It derives 100% revenues from exports of leather garments and goods. Its factories are located in Bengaluru, Chennai and in a SEZ in Andhra Pradesh.