Bhartiya International Ltd - Stock Valuation and Financial Performance

BSE: 526666 | NSE: BIL | Leather | Small Cap

Bhartiya Internatl. Share Price

781.90 3.90 0.50%
as on 30-Dec'24 16:59

DeciZen - make an informed investing decision on Bhartiya Internatl.

Overall Rating
Bole Toh

1. Quality

2. Valuation

Fair

3. Price Trend

Semi Strong

Bhartiya International stock performance -

mw4me loader
P/E Ratio (SA):
48.92
Market Cap:
949.9 Cr.
52-wk low:
249
52-wk high:
845

Is Bhartiya International Ltd an attractive stock to invest in?

1. Is Bhartiya International Ltd a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Bhartiya International Ltd is a below average quality company.

2. Is Bhartiya International Ltd undervalued or overvalued?

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

3. Is Bhartiya International Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of Bhartiya International 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 Bhartiya Internatl.:

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

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.
Bhartiya International Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Value Creation Index Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
ROCE % 9.9%10%7.8%7.6%9.4%8%4.2%6.1%8.5%9.1%-
Value Creation
Index
-0.3-0.3-0.4-0.5-0.3-0.4-0.7-0.6-0.4-0.4-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 424445471518612577397531664661744
Sales YoY Gr.-5.1%5.7%10.1%18.1%-5.7%-31.3%33.8%25.2%-0.5%-
Adj EPS 12.412.59.89.814.7201.39.813.214.415.9
YoY Gr.-1%-21.7%0.2%49.2%36.2%-93.3%639.1%34.7%8.8%-
BVPS (₹) 143.2158.5175.5203.5211.2227.8230.3240.4253.4268.5300.9
Adj Net
Profit
13.914.711.51217.924.41.61216.217.619
Cash Flow from Ops. -27.2-231.7-48.923-7.515.829.52935.7-
Debt/CF from Ops. -7.1-9.6154.1-6.714.8-54.224.814.715.813.6-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 5.1%1.6%18.5%-0.5%
Adj EPS 1.7%-0.4%121.2%8.8%
BVPS7.2%4.9%5.3%6%
Share Price 6.8% 35.9% 31.9% 128.5%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
Return on
Equity %
98.15.34.96.88.70.645.25.45.6
Op. Profit
Mgn %
897.48.110.110.58.48.910.612.210.1
Net Profit
Mgn %
3.33.32.52.32.94.20.42.32.42.72.6
Debt to
Equity
1.21.21.31.31.31.51.41.51.51.50.2
Working Cap
Days
208252278310307337504396346388200
Cash Conv.
Cycle
15420221721420725441231326129256

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 5.60%

Sales growth is growing at healthy rate in last 3 years 18.54%

Net Profit is growing at healthy rate in last 3 years 121.23%

Sales growth is good in last 4 quarters at 17.57%

Debt to equity has increased versus last 3 years average to 1.48

Latest Financials - Bhartiya International Ltd.

Standalone Consolidated
TTM EPS (₹) 15.9 0.4
TTM Sales (₹ Cr.) 744 903
BVPS (₹.) 300.9 333.6
Reserves (₹ Cr.) 355 395
P/BV 2.59 2.33
PE 48.92 0.00
From the Market
52 Week Low / High (₹) 249.00 / 845.00
All Time Low / High (₹) 9.10 / 845.00
Market Cap (₹ Cr.) 950
Equity (₹ Cr.) 12.2
Face Value (₹) 10
Industry PE 42.5

Management X-Ray of Bhartiya Internatl.:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Bhartiya Internatl.

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Sales424445471518612577397531664661
Operating Expenses 390405436476553521364484594580
Manufacturing Costs84948710412712491106135137
Material Costs248244277295340317212304360342
Employee Cost 21283335384137384748
Other Costs 37393944484025365254
Operating Profit 34403542595633477181
Operating Profit Margin (%) 7.9%9.0%7.3%8.1%9.6%9.8%8.3%8.9%10.6%12.2%
Other Income 3365444533
Interest 11161620312727264349
Depreciation 445679881010
Exceptional Items 0000000000
Profit Before Tax 2123192025252172224
Tax 7877931566
Profit After Tax 1415121316222121618
PAT Margin (%) 3.3%3.3%2.7%2.5%2.7%3.7%0.4%2.3%2.4%2.7%
Adjusted EPS (₹)12.512.610.610.813.317.61.39.813.314.4
Dividend Payout Ratio (%)8%10%11%11%9%0%0%0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24

Equity and Liabilities

Shareholders Fund 161186206248258278281293309328
Share Capital 11121212121212121212
Reserves 149174194236245266269281297316
Minority Interest0000000000
Debt187215253319333397372409428437
Long Term Debt3134313730248413213388
Short Term Debt155181222282303372288277295349
Trade Payables293343837943518492140
Others Liabilities 42616345505152597391
Total Liabilities 419495565696720770756845902996

Fixed Assets

Gross Block74888092115132137157187192
Accumulated Depreciation1519410172633415060
Net Fixed Assets6069768198106103116137132
CWIP 69620330801
Investments 62617172666666666666
Inventories178236265327385407403447505558
Trade Receivables525758967177788485103
Cash Equivalents 17133012214827502850
Others Assets46495987756279748186
Total Assets 419495565696720770756845902996

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Cash Flow From Operating Activity -27-232-4923-716302936
PBT 2123192025252172224
Adjustment 10161519322929284247
Changes in Working Capital -58-53-23-82-29-58-9-12-32-28
Tax Paid -6-9-9-6-5-3-6-3-2-7
Cash Flow From Investing Activity -5-14-24-202-8-9-45-22-21
Capex -8-13-19-26-6-7-2-27-21-7
Net Investments -11-935-4-10-21-3-16
Others 5-243323332
Cash Flow From Financing Activity 30344052-1739-3818-11-13
Net Proceeds from Shares 21200000000
Net Proceeds from Borrowing 13-47-8-570536-27
Interest Paid -14-12-13-17-29-23-23-22-34-39
Dividend Paid -1-1-2-2-2-20000
Others 423359642168-85-131752
Net Cash Flow -1-318-17823-313-41
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Ratios
ROE (%)9.168.536.375.796.438.030.564.165.375.52
ROCE (%)9.939.997.817.599.437.984.216.118.519.12
Asset Turnover Ratio1.110.980.890.820.870.780.520.660.760.7
PAT to CFO Conversion(x)-1.93-1.530.17-3.771.44-0.3282.51.812
Working Capital Days
Receivable Days30444454504771564652
Inventory Days140169194208212250372292260293
Payable Days25183278876953547289

Bhartiya International Ltd Stock News

Bhartiya International Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Bhartiya Internatl. on 30-Dec-2024 16:59 is ₹781.9.
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 30-Dec-2024 16:59 the market cap of Bhartiya Internatl. stood at ₹949.9.
The latest P/E ratio of Bhartiya Internatl. as of 30-Dec-2024 16:59 is 48.92.
The latest P/B ratio of Bhartiya Internatl. as of 30-Dec-2024 16:59 is 2.59.
The 52-week high of Bhartiya Internatl. is ₹845.0 and the 52-week low is ₹249.0.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Bhartiya Internatl. is ₹743.9 ( Cr.) .

About Bhartiya International Ltd

Bhartiya International Limited was incorporated as a Private Limited Company under the name of ‘Bhartiya Galecha Industries Private Limited’on January 7, 1987. The name of the company was subsequently changed to ‘Bhartiya International Limited’ on July 9,1993. The Company was converted into a Public Limited Company vide its resolution passed in the Extra ordinary General Meeting held on  January 18,1994 and name changed to ‘Bhartiya International Limited’. A fresh certificate of incorporation was issued on May 10, 1994.

The company began its operations with the export of carpets and eventually diversified into the leather garments. It is recognised as an export house and is engaged in the export of high fashion leather garments.

One of the largest fashion houses in India, Bhartiya International Ltd. is the largest manufacturer-exporter of leather apparel for men, women and children. The company presently specializes in leather and outer wear.

BIL is working with the world’s top brands and continuously innovating to meet the global quality and performance standards in leather sector.

BIL the 100 per cent export-oriented company sells leather garments and accessories under the brand name Monks Italia.

Bhartiya International Ltd in 2008 has acquired a minority stake in Bhartiya Urban Infrastructure & Land Development Co Pvt Ltd, a real estate development firm.

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