Bharat Rasayan Key Ratios
NSE: BHARATRAS | BSE: 590021
₹1,275.20
As on 27-Aug-2026 13:24IST
Market cap
₹2,129 Cr
Revenue (TTM)
₹1,203 Cr
P/E Ratio
14.9
P/B Ratio
1.6
Div. Yield
0 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | 9.79 | -10.40 | -5.17 | 1.62 | 2.52 |
| EBIT | 0.90 | -34.55 | -18.15 | 5.93 | -5.93 |
| Net Profit | -11.72 | -25.21 | -1.07 | 14.32 | -1.47 |
| EPS | -2.41 | -6.13 | 4.24 | 15.07 | -1.44 |
| Book Value | -- | -- | 14.39 | 13.64 | 15.42 |
| Key Ratios (%) | Average | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | 3-Years | 5-Years | TTM | Mar-25 | Mar-24 |
| EBIT-Margin
| 11.77 | 14.47 | 12.45 | 12.62 | 8.80 |
| Net Margin
| 9.51 | 11.79 | 10.94 | 11.75 | 8.96 |
| Return on equity
| 12.10 | 17.47 | 11.81 | 13.31 | 10.15 |
| Return on Capital
| 15.55 | 21.40 | -- | 16.63 | 12.74 |
| Return on Assets
| 9.64 | 13.62 | 9.57 | 10.81 | 8.40 |
| Debt to Equity (x)
| -- | -- | 0.00 | 0.08 | 0.08 |
Profitability
ROCE
--
--
Earning before interest and taxes / (Average net worth + Average total Debt) * 100
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Bharat Rasayan
|
--
|
16.63
|
12.74
|
19.31
|
27.87
|
|
Peer Median
|
--
|
12.22
|
21.63
|
27.13
|
--
|
ROE
11.81
Higher than Peers by 0.28
Profit after tax / Average Net worth * 100
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Bharat Rasayan
|
11.81
|
13.31
|
10.15
|
14.98
|
23.51
|
|
Peer Median
|
11.54
|
9.23
|
18.08
|
23.65
|
--
|
ROA
9.57
Higher than Peers by 2.28
Profit after tax / Average Total assets * 100
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Bharat Rasayan
|
9.57
|
10.81
|
8.40
|
11.51
|
17.62
|
|
Peer Median
|
7.29
|
5.98
|
9.92
|
11.99
|
--
|
EBIT Margin
12.45
Higher than Peers by 3.69
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Bharat Rasayan
|
12.45
|
12.62
|
8.80
|
13.88
|
17.42
|
|
Peer Median
|
8.75
|
9.68
|
7.64
|
15.61
|
--
|
Net Margin
10.94
Higher than Peers by 4.02
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Bharat Rasayan
|
10.94
|
11.75
|
8.96
|
9.94
|
13.37
|
|
Peer Median
|
6.92
|
5.63
|
8.97
|
12.29
|
--
|
Cash Profit Margin
--
--
(Net profit + Depreciation) / Gross Sales * 100
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Bharat Rasayan
|
--
|
14.31
|
11.61
|
12.20
|
15.44
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Revenue Growth
-5.17
Lower than Peers by 12.05
Year on year growth in net sales
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Bharat Rasayan
|
-5.17
|
12.29
|
-15.37
|
-5.12
|
19.14
|
|
Peer Median
|
6.88
|
7.71
|
-11.85
|
28.76
|
--
|
EBIT Growth
-18.15
Lower than Peers by 31.69
Year on year growth in operating profit (EBIT)
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Bharat Rasayan
|
-18.15
|
61.13
|
-46.36
|
-24.40
|
5.68
|
|
Peer Median
|
13.54
|
31.57
|
-36.92
|
24.92
|
--
|
Net Profit Growth
-1.07
Lower than Peers by 15.37
Year on year growth in profit after tax
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Bharat Rasayan
|
-1.07
|
47.54
|
-23.35
|
-29.19
|
7.39
|
|
Peer Median
|
14.30
|
30.59
|
-41.41
|
25.31
|
--
|
EPS Growth
4.24
Lower than Peers by 6.92
Year on year growth in earnings per share
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Bharat Rasayan
|
4.24
|
47.54
|
-23.35
|
-29.19
|
9.81
|
|
Peer Median
|
11.16
|
31.07
|
-42.07
|
26.92
|
--
|
Book Value Growth
--
--
Year on year growth in book value per share
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Bharat Rasayan
|
--
|
14.39
|
10.59
|
16.01
|
5.88
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Solvency
Debt to Equity
--
--
Total debt / Net worth
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Bharat Rasayan
|
--
|
0.08
|
0.08
|
0.03
|
0.23
|
|
Peer Median
|
0.01
|
0.05
|
0.11
|
0.09
|
--
|
Short term debt to equity ratio
--
--
(Short term borrowings / Net worth)
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Bharat Rasayan
|
--
|
0.08
|
0.08
|
0.03
|
0.22
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Current Ratio
7.78
Higher than Peers by 5.84
Current Assets / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Bharat Rasayan
|
7.78
|
4.18
|
4.60
|
4.60
|
2.60
|
|
Peer Median
|
1.94
|
2.07
|
1.63
|
1.80
|
--
|
Quick Ratio
5.35
Higher than Peers by 4.07
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Bharat Rasayan
|
5.35
|
3.07
|
3.25
|
2.72
|
1.70
|
|
Peer Median
|
1.29
|
1.23
|
1.13
|
0.96
|
--
|
Interest Coverage
41.85
Higher than Peers by 22.51
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Bharat Rasayan
|
41.85
|
38.78
|
37.49
|
29.56
|
32.82
|
|
Peer Median
|
19.34
|
12.22
|
12.03
|
32.38
|
--
|
Operating Efficiency
Debtors to sales
32.05
Higher than Peers by 0.54
Debtors outstanding / Net Sales * 100
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Bharat Rasayan
|
32.05
|
35.74
|
37.68
|
26.33
|
35.64
|
|
Peer Median
|
31.51
|
30.54
|
25.72
|
30.34
|
--
|
Asset Turnover
0.85
Lower than Peers by 0.00
Sales / Average Total Assets
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Bharat Rasayan
|
0.85
|
0.90
|
0.92
|
1.14
|
1.30
|
|
Peer Median
|
0.85
|
0.85
|
0.88
|
1.09
|
--
|
Receivable days
--
--
Average Debtors / Sales * 365
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Bharat Rasayan
|
--
|
126.47
|
125.56
|
116.62
|
106.50
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Inventory Days
--
--
Average Inventory / Sales * 365
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Bharat Rasayan
|
--
|
86.66
|
103.03
|
88.76
|
62.52
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Payable days
--
--
Average Creditors / Cost of goods sold * 365
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Bharat Rasayan
|
--
|
50.49
|
37.37
|
31.10
|
28.02
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Cash Conversion Cycle
--
--
Receivable Days + Inventory Days - Payable Days
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Bharat Rasayan
|
--
|
162.64
|
191.22
|
174.28
|
141.01
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Valuation
Price / Earnings
14.86
Lower than Peers by 6.19
Current share price divided by earning per share in the last twelve months
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Bharat Rasayan
|
14.86
|
31.06
|
36.97
|
30.32
|
28.76
|
|
Peer Median
|
21.05
|
39.81
|
50.05
|
19.11
|
--
|
Price / Book Value
1.62
Lower than Peers by 1.05
Current share price divided by book value per share in the latest financial year
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Bharat Rasayan
|
1.62
|
3.87
|
3.57
|
4.23
|
6.57
|
|
Peer Median
|
2.67
|
4.60
|
3.48
|
3.99
|
--
|
Dividend Yield
0.04
Lower than Peers by 0.23
Dividend per share in the past twelve months divided by current share price
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Bharat Rasayan
|
0.04
|
0.01
|
0.02
|
0.02
|
0.01
|
|
Peer Median
|
0.27
|
0.20
|
0.55
|
0.35
|
--
|
EV/EBITDA
9.73
--
Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Bharat Rasayan
|
9.73
|
21.92
|
25.71
|
17.41
|
19.57
|
|
Peer Median
|
--
|
29.16
|
19.72
|
17.29
|
--
|
Market Cap
2,129
Lower than Peers by 1,578
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Bharat Rasayan
|
2,129
|
4,378
|
3,531
|
3,778
|
5,061
|
|
Peer Median
|
3,707
|
4,155
|
3,052
|
3,521
|
--
|