Bharat Rasayan Ltd - Stock Valuation and Financial Performance

BSE: 590021 | NSE: BHARATRAS | Pesticides & Agrochemicals | Small Cap

Place order

Bharat Rasayan Share Price

 ₹9,694.35 -194.70 -1.97%
as on 23-May'25 16:59

DeciZen - make an informed investing decision on Bharat Rasayan

Overall Rating ⓘ
Bole Toh

1. Quality

Very Good
Check detailed 10 Yrs performace

2. Valuation

Fair
Check 10 Yrs Valuation charts

3. Price Trend

Semi Strong
Check Price chart

Bharat Rasayan stock performance -

PE Chart Key Ratios
mw4me loader
P/E Ratio (CD):
22.02
Market Cap:
4,028.3 Cr.
52-wk low:
8,811
52-wk high:
14,281.4

Is Bharat Rasayan Ltd an attractive stock to invest in?

1. Is Bharat Rasayan Ltd a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Bharat Rasayan Ltd is a good quality company.

2. Is Bharat Rasayan Ltd undervalued or overvalued?

The key valuation ratios of Bharat Rasayan Ltd's currently when compared to its past seem to suggest it is in the Fair zone.

3. Is Bharat Rasayan Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of Bharat Rasayan Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Bharat Rasayan:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Standalone Basis P Consolidated Basis P
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Bharat Rasayan Ltd has performed well in majority of the past ten years indicating its past ten year financial track record is very good

Value Creation ⓘ

Value Creation Index Colour Code Guide ⓘ

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
ROCE % ⓘ0%0%0%0%26.1%33.7%30.5%27.9%19.3%12.7%-
Value Creation
Index ⓘ		NANANANA0.91.41.21.10.4-0.1-

Growth Parameters ⓘ

Growth Parameters Colour Code Guide ⓘ

Sales ⓘ00009921,2151,0921,3011,2341,0451,176
Sales YoY Gr.-NANANANA22.5%-10.1%19.1%-5.1%-15.4%-
Adj EPS ⓘ0000262.6351.9382.6402.1277.6207.1440.2
YoY Gr.-NANANANA34%8.7%5.1%-31%-25.4%-
BVPS (₹) ⓘ0000962.21,327.71,711.81,853.12,149.92,377.52,632.3
Adj Net
Profit ⓘ		000011215016316711586183
Cash Flow from Ops. ⓘ0000-52.3263170-65.521341.1-
Debt/CF from Ops. ⓘ0000-4.70.40.3-2.70.12-

CAGR ⓘ

CAGR Colour Code Guide ⓘ

9 Years 5 Years 3 Years 1 Years
Sales ⓘNA1%-1.5%-15.4%
Adj EPS ⓘNA-4.6%-18.5%-25.4%
BVPSⓘNA19.8%11.6%10.6%
Share Price 28.1% 9.4% -4.3% 4.6%

Key Financial Parameters ⓘ

Performance Ratio Colour Code Guide ⓘ

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
Return on
Equity % ⓘ		000027.330.725.222.313.99.217.6
Op. Profit
Mgn % ⓘ		000018.918.92219.31611.317.3
Net Profit
Mgn % ⓘ		000011.312.314.912.89.48.215.6
Debt to
Equity ⓘ		00000.60.20.10.200.1-
Working Cap
Days ⓘ		00000155165185228264133
Cash Conv.
Cycle ⓘ		00000119125148181198104

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 17.60%

Sales growth is good in last 4 quarters at 13.50%

Sales growth has been subdued in last 3 years -1.47%

Net Profit has been subdued in last 3 years -18.51%

Latest Financials - Bharat Rasayan Ltd.

Standalone Consolidated
TTM EPS (₹) 367.1 440.2
TTM Sales (₹ Cr.) 1,176 1,176
BVPS (₹.) ⓘ 2,594.1 2,632.3
Reserves (₹ Cr.) ⓘ 1,074 1,090
P/BV ⓘ 3.74 3.68
PE ⓘ 26.41 22.02
From the Market
52 Week Low / High (₹) 8811.00 / 14281.35
All Time Low / High (₹) 21.50 / 15100.00
Market Cap (₹ Cr.) 4,028
Equity (₹ Cr.) 4.2
Face Value (₹) 10
Industry PE ⓘ 29.5

Management X-Ray of Bharat Rasayan:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.640.640.640.640.640.640.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Valuation of Bharat Rasayan

Event Update

Login/Register to view analysis.

Analyst's Notes

No data found!

Key Ratios of Bharat Rasayan

Standalone Basis Consolidated Basis

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
Standalone Basis Consolidated Basis
PARTICULARSMar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Sales9921,2151,0921,3011,2341,045
Operating Expenses ⓘ 8059858521,0491,037927
Manufacturing Costs404956727164
Material Costs684839684843839721
Employee Cost 404656656773
Other Costs ⓘ 415055706069
Operating Profit ⓘ 187230240252197118
Operating Profit Margin (%) 18.9%18.9%22.0%19.3%16.0%11.3%
Other Income ⓘ 3177161921
Interest ⓘ 16164763
Depreciation ⓘ 172226252626
Exceptional Items ⓘ -2-3-10-40
Profit Before Tax ⓘ 155205215234174123
Tax ⓘ 444851584928
Profit After Tax 11215816417612596
PAT Margin (%) 11.2%13.0%15.0%13.5%10.1%9.1%
Adjusted EPS (₹)262.5371.0385.7423.5299.9229.9
Dividend Payout Ratio (%)1%0%0%0%1%1%

Balance Sheet

(All Figures are in Crores.)
Standalone Basis Consolidated Basis
PARTICULARSMar'19Mar'20Mar'21Mar'22Mar'23Mar'24

Equity and Liabilities

Shareholders Fund 409564727770893988
Share Capital ⓘ 444444
Reserves ⓘ 405560723766889984
Minority Interest000000
Debt24794581742880
Long Term Debt40220100
Short Term Debt20772581732880
Trade Payables453961687573
Others Liabilities ⓘ 555561788057
Total Liabilities ⓘ 7567529081,0901,0761,198

Fixed Assets

Gross Block276352365427449480
Accumulated Depreciation126148174199224250
Net Fixed Assetsⓘ 150203191228225230
CWIP ⓘ 35181811116
Investmentsⓘ 091504367143
Inventories210160169277323267
Trade Receivables279251296464325394
Cash Equivalents 9513363449
Others Assetsⓘ 7160526092109
Total Assets ⓘ 7567529081,0901,0761,198

Cash Flow

(All Figures are in Crores.)
Standalone Basis Consolidated Basis
PARTICULARSMar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Cash Flow From Operating Activity ⓘ -52263170-6521341
PBT ⓘ 155205215234174123
Adjustment ⓘ 31212420191
Changes in Working Capital ⓘ -19589-18-26170-54
Tax Paid ⓘ -44-52-51-58-51-29
Cash Flow From Investing Activity ⓘ -48-68-15351-61-90
Capex -48-58-11-55-22-27
Net Investments 0-9-142106-30-62
Others ⓘ 0-101-9-1
Cash Flow From Financing Activityⓘ 102-169-40-25-15249
Net Proceeds from Shares ⓘ 000000
Net Proceeds from Borrowing ⓘ 0000-10
Interest Paid ⓘ -15-15-4-7-6-3
Dividend Paid ⓘ -1-1-1-1-1-1
Others ⓘ 119-153-35-17-14553
Net Cash Flow ⓘ 325-22-3910

Finance Ratio

Standalone Basis Consolidated Basis
PARTICULARSMar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Ratios
ROE (%)27.2832.4125.3823.5114.9810.15
ROCE (%)26.1433.7430.4527.8719.3112.74
Asset Turnover Ratio1.311.611.321.31.140.92
PAT to CFO Conversion(x)-0.461.661.04-0.371.70.43
Working Capital Days
Receivable Days1038091107117126
Inventory Days7756556389103
Payable Days241827283137

Bharat Rasayan Ltd Stock News

Bharat Rasayan Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Bharat Rasayan on 23-May-2025 16:59 is ₹9,694.4.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 23-May-2025 16:59 the market cap of Bharat Rasayan stood at ₹4,028.3.
The latest P/E ratio of Bharat Rasayan as of 23-May-2025 16:59 is 26.41.
The latest P/B ratio of Bharat Rasayan as of 23-May-2025 16:59 is 3.74.
The 52-week high of Bharat Rasayan is ₹14,281.4 and the 52-week low is ₹8,811.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Bharat Rasayan is ₹1,176 ( Cr.) .

About Bharat Rasayan Ltd

Bharat Rasayan, part of the Bharat Group of companies, is engaged in manufacturing technical grade pesticides, pesticides formulations and intermediates. It was incorporated on May 15, 1989.

The ISO 9001:2000 certified company manufactures technical grade pesticides like fenevalrate technical, 2,4-D ethyl ester technical and isoproturon technical at its plant in Rohtak, Haryana, with a capacity of more than 2,000 MTPA. It has its own R&D and pilot plant facilities for developing new products. The company has been granted export house status by the Government of India. Its products are exported to 50 countries in Asia, South America, Africa and the European continent including Russia with sales agents in the Middle East, South-East Asia and European countries.

The company has well equipped laboratories with modern and sophisticated instruments such as HPLC, GC, IRUV, Spectrophotometer, Polarimeter and Karl Fischer Titrators, etc. All equipments used in manufacturing, testing and packaging of the materials are regularly maintained and calibrated both at its in-house and by third party laboratories. High quality performance standards are achieved through qualified and experienced staff, modern equipment, documented procedures and an established quality assurance system.

Technical staff who are highly qualified and experienced in chemical research analytical development, safety-health environment, regulatory requirements, engineering and information technology, quality assurance, IPF, etc. They provide a comprehensive and complete technical support. Complementing them qualified and well trained chemists, quality assurance and control personnel.

Milestones:

• Established in the year 1989 as a backward integration project • An ISO 9001:2000 & ISO 14001:2000 Certified Company • Manufacturer of Technical Grade Pesticides / Intermediates confirming to international standards • Plant capacity more than 2000 MT per annum • Formulation facilities available for bulk packing • Government approved well established R&D centre led by a team of highly qualified people • Pilot plant facility to undertake process research on new products • In-house facility for treatment of solid, liquid and gaseous effluent treatment system • Permanent Registration Number with Dun & Bradstreet is 91-846-1229 • Export House status granted by Government of India • A public limited company with more than 30% stake of Indian public • Listed on the National Stock Exchange

Group companies:

• Bharat Insecticides • B R Agrotech â€¢ SIRIS Crop Science.

Read More Read Less
You have 2 views remaining as a Guest User. To get DeciZen Rating of 3,500+ Stocks based on their Quality, Valuation and Price Trend Login Now
SEBI Registered: Investment Adviser - INA000013323 RIA Details
Request a Call back
Refer and Earn
Partner with Us
WhatsApp +91 9860359463
besafe@moneyworks4me.com
Warning: Investment in securities market are subject to market risks. Read all the related documents carefully before investing.
Disclaimer: Registration granted by SEBI, membership of BASL (in case of IAs) and certification from NISM in no way guarantee performance of the intermediary or provides any assurance of returns to investors.
Compliance Officer:
Name: Shrikant Jagtap
Email: shrikant.jagtap@moneyworks4me.com
Mobile No: +91 97638 00745
Grievance officer:
Name: Mukta Vaze
Email: mukta.vaze@moneyworks4me.com
Mobile No:+91 98609 19463
Principal Officer:
Name: Atharva Bhide
Email: atharva.bhide@moneyworks4me.com
Mobile No:+91 91758 99463
SEBI regional/local office address-
Plot No. C 4-A , G Block, Near Bank of India, Bandra Kurla Complex, Bandra East, Mumbai, Maharashtra 400051
linkedin facebook twitter youtube insta telegram
Address:
The Alchemists Ark Pvt. Ltd., B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045
Complaints: Complaint status | Cancellation and Refund Policy | PML Act | Grievance Redressal Process | ODR | Investor charter | Terms & Conditions | Disclaimer | Disclosure
Data provided by Accord Fintech Pvt. Ltd.
© 2025 The Alchemists Ark Pvt. Ltd. All rights reserved. MoneyWorks4Me ® is a registered trademark of The Alchemists Ark Pvt. Ltd.
×
Please wait your portfolio is updating...