Bharat Seats Peer Comparison

NSE: BHARATSE | BSE: 523229

₹219.25

₹-5.00 (-2.23%)

As on 01-Sep-2026IST

Market cap

₹1,375 Cr

Revenue (TTM)

₹2,102 Cr

P/E Ratio

29.7

P/B Ratio

5.7

Div. Yield

0.7 %

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	Bharat Seats	Lumax Auto	Varroc Engineering	Fiem	Steel Strips Wheel
Market cap (₹ Cr)	1,375	14,038	13,368	5,484	5,629
Revenue (₹ Cr)	2,102	5,208	9,497	2,932	5,506
Net Profit (₹ Cr)	46.27	381.78	195.67	263.00	212.24
Net Margin (%)	2.20	7.26	2.06	8.91	3.85
RoE (%)	21.67	29.66	26.17	22.91	12.08
Price to Earnings	29.72	43.32	67.78	20.86	26.50
Price-To-Book	5.66	10.73	7.20	4.28	3.12

Income Statement (₹ Cr)

	Bharat Seats	Lumax Auto	Varroc Engineering	Fiem	Steel Strips Wheel
Operating Revenue	1,950.95	4,870.33	8,890.49	2,815.61	4,429.00
Total Income	1,956.23	4,916.75	8,916.80	2,836.40	4,432.17
Total Expenditure	1,851.79	4,211.32	8,069.46	2,419.69	3,944.66
EBITDA	99.16	659.01	821.04	395.91	484.34
Depreciation	35.29	179.06	331.71	72.49	111.13
EBIT	63.86	479.95	489.33	323.43	373.21
Interest	10.17	105.96	134.22	2.79	117.24
Other Income	5.28	46.42	26.31	20.79	3.17
Exceptional Items	-1.37	-14.50	-43.69	3.75	--
Profit before Tax	57.60	405.92	341.46	341.43	258.99
Provision for Tax	15.37	68.78	111.62	85.83	63.71
Profit after Tax	42.23	337.15	229.83	255.60	195.28

	Bharat Seats	Lumax Auto	Varroc Engineering	Fiem	Steel Strips Wheel
Shareholder's Funds	229.66	1,210.22	1,780.34	1,215.01	1,625.68
Minority Interest	--	265.77	37.85	--	--
Non-Current Liabilities	101.42	596.36	422.53	86.94	402.62
Current Liabilities	405.57	1,874.60	2,627.19	398.58	1,370.61
Total Liabilities	736.65	3,946.94	4,867.91	1,700.54	3,398.91

	Bharat Seats	Lumax Auto	Varroc Engineering	Fiem	Steel Strips Wheel
Non-Current Assets	381.07	1,965.12	2,550.66	660.85	2,123.35
Current Assets	355.58	1,977.06	2,317.24	1,039.69	1,275.56
Total Assets	736.65	3,946.94	4,867.91	1,700.54	3,398.91
Total Debt*	50.22	998.60	737.70	0.00	827.64
Net Current Assets	-49.99	102.46	-309.94	641.11	-95.05
Contingent Liabilities	45.64	36.07	218.26	2.16	92.02

	Bharat Seats	Lumax Auto	Varroc Engineering	Fiem	Steel Strips Wheel
Cash From Operating Activities	106.71	460.16	536.80	161.28	516.64
Cash Flow from Investing Activities	-47.20	-280.48	-122.98	-97.15	-195.74
Cash from Financing Activities	-47.15	-169.95	-405.49	-84.15	-353.68
Net Cash Inflow / Outflow	12.35	9.73	8.34	-20.02	-32.79

	Bharat Seats	Lumax Auto	Varroc Engineering	Fiem	Steel Strips Wheel
ROCE (%)	24.45	26.17	18.91	30.55	15.78
ROE (%)	19.91	31.44	13.74	22.69	13.55
ROA (%)	6.10	9.39	4.86	16.36	5.84
EBIT Margin (%)	5.35	14.48	9.53	14.80	11.01
Net Margin (%)	2.16	6.86	2.58	9.01	4.41
Cash Profit Margin (%)	3.97	10.50	6.28	11.60	6.92

	Bharat Seats	Lumax Auto	Varroc Engineering	Fiem	Steel Strips Wheel
Revenue Growth (%)	51.37	33.92	9.03	16.22	1.65
EBIT Growth (%)	32.13	36.62	5.07	23.17	2.06
Net Profit Growth (%)	29.15	47.12	229.86	24.70	-71.06
EPS Growth (%)	29.14	56.86	267.51	24.72	-71.06
Book Value Growth (%)	18.05	29.48	13.75	17.03	13.23

	Bharat Seats	Lumax Auto	Varroc Engineering	Fiem	Steel Strips Wheel
Price / Earnings	21.00	37.23	31.78	19.72	14.29
Price / Book Value	3.86	8.58	4.02	4.15	1.82
Dividend Yield (%)	1.06	0.36	0.32	2.09	0.70
EV/EBITDA	8.82	16.00	9.10	11.42	7.40
Market Cap (₹ Cr)	886.71	10,382.57	7,152.40	5,039.38	2,790.27

	Bharat Seats	Lumax Auto	Varroc Engineering	Fiem	Steel Strips Wheel
Debt to Equity	0.22	0.83	0.41	0.00	0.54
Short term debt to equity ratio	0.09	0.37	0.26	--	0.28
Current Ratio	0.88	1.05	0.88	2.61	0.93
Quick Ratio	0.73	0.83	0.53	1.94	0.39
Interest Coverage	6.66	4.83	3.54	123.52	3.21

	Bharat Seats	Lumax Auto	Varroc Engineering	Fiem	Steel Strips Wheel
Debtors to sales (%)	13.50	20.84	8.26	13.76	10.98
Asset Turnover	2.82	1.37	1.89	1.81	1.32
Receivable days	43.00	67.09	28.87	40.63	38.16
Inventory Days	10.81	28.90	34.01	32.27	59.32
Payable days	62.70	94.32	89.03	55.17	86.39
Cash Conversion Cycle	-8.89	1.67	-26.15	17.73	11.10

*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.