What is Bharat Rasayan Ltd (BHARATRAS) share price return in the past 10 years?

Bharat Rasayan Ltd share price has appreciated 16.3% annually (CAGR) over the past ten years.

What is the share price of Bharat Rasayan Ltd (BHARATRAS)?

Company share prices are keep on changing according to the market conditions. The current trading price of Bharat Rasayan Ltd (BHARATRAS) on 02-Jul-2026 16:59:59 at 16:59 is 1338.85.

What is the P/E ratio of Bharat Rasayan?

The latest standalone P/E ratio of Bharat Rasayan as of 02-Jul-2026 is 15.57.

What is the P/B ratio of Bharat Rasayan Ltd (BHARATRAS)?

The latest standalone P/B ratio of Bharat Rasayan Ltd (BHARATRAS) as of 02-Jul-2026 is 1.78.

What is the 52-week high and low of Bharat Rasayan Ltd (BHARATRAS)?

The 52-week high of Bharat Rasayan Ltd (BHARATRAS) is Rs. 3030.25 and the 52-week low is Rs. 1202.05.

Bharat Rasayan Ltd (BHARATRAS) Share Analysis – Quality, Valuation Zone & Price Trend & DeciZen Rating

Name: Bharat Rasayan Ltd (BHARATRAS)
Brand: Bharat Rasayan

Bharat Rasayan Ltd (BHARATRAS)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 590021 NSE: BHARATRAS Pesticides & Agrochemicals | Small Cap | Bharat Rasayan Share Price

Bharat Rasayan Ltd (BHARATRAS)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 590021 NSE: BHARATRAS Pesticides & Agrochemicals | Small Cap | Bharat Rasayan Share Price

Key Metrics

Valuation Multiples

Market Cap

₹2,225 Cr.

Current Price

₹1,338.9

52-Week Low / High

₹1,202 / 3,030

TTM EPS

₹87.7

TTM Sales

₹1,242 Cr.

Book Value per Share

₹766.9

P/E Ratio

15.27

Lower than its 5-year historical median

Industry PE

30.4

Price to Book (P/B)

1.75

Lower than its 5-year historical median

Price to Sales (P/S)

1.79

Lower than its 5-year historical median

EV/EBITDA

9.17

Lower than its 5-year historical median

Dividend Yield

0.03%

Profitability Efficiency

Return on Equity (ROE)

13.31%

In line with industry median

Return on Capital Employed (ROCE)

16.63%

In line with industry median

Return on Assets (ROA)

10.81%

Operating Profit Margin

14.9%

Net Profit Margin

12.01%

Gross Profit Margin

16.7%

Growth Momentum
1-yr vs 3-yr growth

Sales Growth (1 Year)

Improving versus 3-year growth rate

12.29%

Operating Profit Growth (1 Year)

Improving versus 3-year growth rate

48.76%

Net Profit Growth (1 Year)

Improving versus 3-year growth rate

47.54%

Asset Quality

Promoter Holding

74.99%

Pledged shares (%) of Promoter's holding (%)

0.00%

Reserves

₹1,266 Cr.

Equity

₹8.3 Cr.

Face Value

₹5

All Time Low / High

₹5.38 / 3775.00

Bharat Rasayan stock performance

Key Ratios

Check Before You Invest

Quality

Very Good

Check detailed performance

Valuation

Somewhat Undervalued

Check Valuation charts

Price Trend

Weak

Check Price chart

Q.1 Is Bharat Rasayan Ltd a good quality company?

Bharat Rasayan Ltd is a good quality company, based on a consistently good multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

How has it performed on generating Profits?
By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.
How efficiently has it utilized Capital?
By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.
How is it managing its Debt?
By checking its Debt to Equity and Cash Flow from Operations.

How does Bharat Rasayan Ltd performance compare with that of its Peers?

Q.1 Revenue growth of Bharat Rasayan Ltd vs industry peers?

Bharat Rasayan Ltd revenue CAGR is -0.70%, compared to the industry median CAGR of 8.45%, indicating slower growth and losing its market share.

Q.1 Promoter shareholding and pledge status of Bharat Rasayan Ltd?

Promoters hold 74.99% of the Bharat Rasayan Ltd, with 0.00% of their stake pledged, indicating no pledge risk.

Q.1 Stock return of Bharat Rasayan Ltd over the last decade?

Over the last 9 year(s), the stock has delivered a CAGR of 17.4% based on the current price.

10 Year X-Ray :

Analysis of Financial Track Record (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

Value Creation ⓘ

	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25	TTM
ROCE % ⓘ	0%	0%	0%	26.1%	33.7%	30.5%	27.9%	19.3%	12.7%	16.6%	-
Value Creation Index ⓘ	NA	NA	NA	0.9	1.4	1.2	1.1	0.4	-0.1	0.2	-
Growth Parameters ⓘ
Sales ⓘ	0	0	0	992	1,215	1,092	1,301	1,234	1,045	1,173	1,242
Sales YoY Gr.	-	NA	NA	NA	22.5%	-10.1%	19.1%	-5.1%	-15.4%	12.3%	-
Adj EPS ⓘ	0	0	0	65.7	88	95.7	100.5	69.4	51.8	81.2	87.7
YoY Gr.	-	NA	NA	NA	34%	8.7%	5.1%	-31%	-25.4%	56.9%	-
BVPS (₹) ⓘ	0	0	0	240.6	331.9	428	463.3	537.5	594.4	679.9	766.9
Adj Net Profit ⓘ	0	0	0	112	150	163	167	115	86	135	146
Cash Flow from Ops. ⓘ	0	0	0	-52.3	263	170	-65.5	213	41.1	172	-
Debt/CF from Ops. ⓘ	0	0	0	-4.7	0.4	0.3	-2.7	0.1	2	0.5	-

CAGR ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	NA	-0.7%	-3.4%	12.3%
Adj EPS ⓘ	NA	-1.6%	-6.9%	56.9%
BVPSⓘ	NA	15.4%	13.6%	14.4%
Share Price	16.3%	-17.1%	-17.6%	-52.9%

Key Financial Parameters ⓘ

	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25	TTM
Return on Equity % ⓘ	27.3	30.7	25.2	22.3	13.9	9.2	12.7	12.1
Op. Profit Mgn % ⓘ	18.9	18.9	22	19.3	16	11.3	14.9	16
Net Profit Mgn % ⓘ	11.3	12.3	14.9	12.8	9.4	8.2	11.5	11.7
Debt to Equity ⓘ	0.6	0.2	0.1	0.2	0	0.1	0.1	0
Working Cap Days ⓘ	0	155	165	185	228	264	246	167
Cash Conv. Cycle ⓘ	0	119	125	148	181	198	175	138

Profit And Loss

(All Figures are in Crores.)

PARTICULARS	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Sales	992	1,215	1,092	1,301	1,234	1,045	1,173
Operating Expenses ⓘ +	805	985	852	1,049	1,037	927	998
Manufacturing Costs	40	49	56	72	71	64	79
Material Costs	684	839	684	843	839	721	777
Employee Cost	40	46	56	65	67	73	84
Other Costs ⓘ	41	50	55	70	60	69	58
Operating Profit ⓘ	187	230	240	252	197	118	175
Operating Profit Margin (%)	18.9%	18.9%	22.0%	19.3%	16.0%	11.3%	14.9%
Other Income ⓘ +	3	17	7	16	19	21	26
Exceptional Items ⓘ	-2	-3	-1	-0	-4	0	0
Interest ⓘ	16	16	4	7	6	3	5
Depreciation ⓘ	17	22	26	25	26	26	27
Profit Before Tax ⓘ	155	205	215	234	174	123	185
Tax ⓘ	44	48	51	58	49	28	44
Profit After Tax	112	158	164	176	125	96	141
PAT Margin (%)	11.2%	13.0%	15.0%	13.5%	10.1%	9.1%	12.0%
Adjusted EPS (₹)	65.6	92.8	96.4	105.9	75.0	57.5	84.8
Dividend Payout Ratio (%)	0.60%	0.40%	0.40%	0.40%	0.50%	0.70%	0.40%

Valuation of Bharat Rasayan - Consolidated

YTD 1Y 3Y 5Y 10Y Max

Analyst's Notes

No data found!

Balance Sheet

(All Figures are in Crores.)

PARTICULARS	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Equity and Liabilities
Shareholders Fund +	409	564	727	770	893	988	1,130
Share Capital ⓘ	4	4	4	4	4	4	4
Reserves ⓘ	405	560	723	766	889	984	1,126
Debt +	247	94	58	174	28	80	85
Long Term Debt	40	22	0	1	0	0	0
Short Term Debt	207	72	58	173	28	80	85
Minority Interest	0	0	0	0	0	0	0
Trade Payables	45	39	61	68	75	73	142
Others Liabilities ⓘ	55	55	61	78	80	57	52
Total Liabilities ⓘ	756	752	908	1,090	1,076	1,198	1,409
Fixed Assets
Net Fixed Assets ⓘ +	150	203	191	228	225	230	230
Gross Block	276	352	365	427	449	480	504
Accumulated Depreciation	126	148	174	199	224	250	274
CWIP ⓘ	35	18	18	11	11	6	15
Investments ⓘ	0	9	150	43	67	143	298
Inventories	210	160	169	277	323	267	290
Trade Receivables	279	251	296	464	325	394	419
Cash Equivalents	9	51	33	6	34	49	56
Others Assets ⓘ	71	60	52	60	92	109	100
Total Assets ⓘ	756	752	908	1,090	1,076	1,198	1,409

Cash Flow

(All Figures are in Crores.)

PARTICULARS	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Cash Flow From Operating Activity ⓘ +	-52	263	170	-65	213	41	172
PBT ⓘ	155	205	215	234	174	123	185
Adjustment ⓘ	31	21	24	20	19	1	7
Changes in Working Capital ⓘ	-195	89	-18	-261	70	-54	18
Tax Paid ⓘ	-44	-52	-51	-58	-51	-29	-38
Cash Flow From Investing Activity ⓘ +	-48	-68	-153	51	-61	-90	-157
Capex	-48	-58	-11	-55	-22	-27	-35
Net Investments	0	-9	-142	106	-30	-62	-138
Others ⓘ	0	-1	-0	1	-9	-1	16
Cash Flow From Financing Activity ⓘ +	102	-169	-40	-25	-152	49	-1
Net Proceeds from Shares ⓘ	0	0	0	0	0	0	0
Net Proceeds from Borrowing ⓘ	0	0	0	0	-1	0	0
Interest Paid ⓘ	-15	-15	-4	-7	-6	-3	-5
Dividend Paid ⓘ	-1	-1	-1	-1	-1	-1	-1
Others ⓘ	119	-153	-35	-17	-145	53	5
Net Cash Flow ⓘ	3	25	-22	-39	1	0	14

Financial Ratio

PARTICULARS	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Ratios
ROE (%)	27.28	32.41	25.38	23.51	14.98	10.15	13.31
ROCE (%)	26.14	33.74	30.45	27.87	19.31	12.74	16.63
Asset Turnover Ratio	1.31	1.61	1.32	1.3	1.14	0.92	0.9
PAT to CFO Conversion(x)	-0.46	1.66	1.04	-0.37	1.7	0.43	1.22
Working Capital Days
Receivable Days	102.70	79.60	91.30	106.50	116.60	125.60	126.50
Inventory Days	77.30	55.70	55	62.50	88.80	103	86.70
Payable Days	23.80	18.20	26.80	28	31.10	37.40	50.50

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.64

0.00

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

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Bharat Rasayan Ltd FAQs

The current trading price of Bharat Rasayan on 02-Jul-2026 16:59 is ₹1,338.9.

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 01-Jul-2026 the market cap of Bharat Rasayan stood at ₹2,225.3 Cr

The latest P/E ratio of Bharat Rasayan as of 01-Jul-2026 is 15.57.

The latest P/B ratio of Bharat Rasayan as of 01-Jul-2026 is 1.78.

The 52-week high of Bharat Rasayan is ₹3,030.3 and the 52-week low is ₹1,202.1.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Bharat Rasayan is ₹1,242 ( Cr.) .

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

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

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

About Bharat Rasayan Ltd

Bharat Rasayan (BRL), flagship company of Bharat Group, was set up on May 15, 1989 as a backward integration project to manufacture Technical Grade Pesticides and Intermediates In-compliance to International Standards. Within two years from incorporation, BRL commenced production at its fully equipped plant located in Mokhra village of Rohtak district in Haryana. Another modern and larger plant in the Chemical Approved Zone at Dahej in Gujarat was set up to manufacture tech grade pesticides, intermediates and bulk formulations. Both the units have in-house R&D laboratories to ensure consistent perfection in quality and also to act as pilot plants for new products and formulations.

The Initial Public Issue by BRL in 1993 evinced an overwhelming response. Currently listed on NSE, the company became a major stakeholder in the Tata owned Siris Crop Sciences Ltd. and even acquired it in due course.

Bharat Group is the brainchild of the visionary and industry veteran S.N. Gupta, supported with two like-minded partners M.P. Gupta and R.P. Gupta. Banking over years of rich experience, Bharat group is strongly present in all business verticals i.e. Technical/Intermediate Corporate Sales, Contract Manufacturing for various MNC's, Domestic Brand Sales, International Business and P2P (Peer-to-Peer) Toll Formulation Business. Bharat Group’s agri-input solutions range from Insecticides, Fungicides, Herbicides and Intermediates.

Business area of the company

The company is engaged in the manufacturing and sale of technical grade pesticides and chemical intermediates.

Milestones

1989: As a part of backward integration, Bharat Group established Bharat Rasayan Limited, Mokhra with focus on A.I. Manufacturing.
1993: Bharat Rasayan Limited stock was listed at National Stock Exchange and BSE.
2003: Acquired Siris Crop Science Ltd. from Tata House to further strengthen A.I. manufacturing.
2005: Established additional modern formulation units of Bharat Insecticides Limited to boost Domestic Brand Sales & Toll manufacturing.
2010: Bharat Rasayan Limited starts contract manufacturing for Japanese Partner
2010: Siris Crop Science Ltd. was merged in Bharat Rasayan Limited.
2012: Bharat Rasayan Limited started additional state-of-art manufacturing facility at Dahej, Gujarat.
2012: The company started contract Manufacturing for big European MNC and another Japanese Partner.
2019: The company raised funds through issue of Commercial Paper (CP) worth Rs 220 crore on January 03, 2019
2020: The company further expands the capacity of MPBD.
2020: The company starts manufacturing of CMAC as part of backward integration.
2020: The company starts manufacturing of Permethrin Technical, Cypermethrin Technical, Alpha-Cypermethrin, Technical and Zeta-Cypermethrin Technical.
2020: The company gets registration of Bifenthrin Technical in Brazil and Metribuzin Technical in USA.
2020: The company enters into a Joint Venture with Nissan Chemical Corporation Japan to setup a Technical Plant under new company name: Nissan Bharat Rasayan Private Limited.
2022: The company acquired land at Dahej-3, Industrial Estate from Gujarat Industrial Development Corporation Authority (GIDC) for future expansion and new projects.

Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
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Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
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SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045
Compliance officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com Telephone: +91 98609 19463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com Telephone: +91 91758 99463 Address: Same as IA
Standard Warning:	Investment in securities market are subject to market risks. Read all the related documents carefully before investing.
Disclaimer:	Registration granted by SEBI, enlistment with exchange and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.

Bharat Rasayan Ltd (BHARATRAS)

Bharat Rasayan Ltd (BHARATRAS)

Bharat Rasayan stock performance

Check Before You Invest

Quality

Valuation

Price Trend

10 Year X-Ray :

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Value Creation ⓘ

Growth Parameters ⓘ

CAGR ⓘ

Key Financial Parameters ⓘ

Profit And Loss

Valuation of Bharat Rasayan - Consolidated

Price Calculator

Price Chart

Price to Earnings

Price to Sales

Price to Book

EV to EBITDA

Dividend History

Price Calculator

Price Chart

Price to Earnings

Enterprise Value to EBIT

Price to Book-Value

Price to Sales

Dividend History

Analyst's Notes

Balance Sheet

Equity and Liabilities

Fixed Assets

Cash Flow

Financial Ratio

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Bharat Rasayan Ltd FAQs

What is the share price of Bharat Rasayan?

What is the market cap of Bharat Rasayan?

What is the P/E ratio of Bharat Rasayan?

What is the P/B ratio of Bharat Rasayan?

What is the 52-week high and low of Bharat Rasayan?

What is the TTM revenue of Bharat Rasayan?

Is Bharat Rasayan Ltd a good quality company?

Is Bharat Rasayan Ltd undervalued or overvalued?

Is Bharat Rasayan Ltd a good buy now?

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