Stocx Research Club logo ×
Screener Research Unlisted Startup Funding

Bharat Rasayan

₹9555.2 -41.3 | 0.4%

Market Cap ₹3969 Cr.

Stock P/E 25.0

P/B 4.6

Current Price ₹9555.2

Book Value ₹ 2085.2

Face Value 10

52W High ₹14400

Dividend Yield 0.02%

52W Low ₹ 8299

Overview Inc. Year: 1989Industry: Pesticides & Agrochemicals

Bharat Rasayan Ltd is an totally India-based company engaged in manufacturing of insecticides-technical, formulations and its intermediates. The Company in the main gives Metaphenoxy Benzaldehyde. The Company's products are Insecticides, which include Acetamiprid, Bifenthrin, Chlorpyrifos, Cypermethrin, Imidacloprid, Permethrin and Thiamethoxam; Herbicides, which consist of Clodinafop Propargyl, Cloquintocet Mexyl (Safener), Diuron and Metsulfuron Methyl; Fungicides, which consist of Tricyclazole and Myclobutanil; Acaricide, which consist of Fenpyroximate, and Intermediates, which consist of Meta Phenoxy Benzaldehyde and Para Chloro Benzyl Cyanide. The Company's plants are positioned at Rohtak, Haryana and Bharuch, Gujarat. The Company's plant at Haryana, has a ability of 5,000 metric tons (MT)/annum and additionally facilities for bulk packaging of formulations.

Read More..

Bharat Rasayan Share Price

| |

Volume
Price

Quarterly Price

Show Value Show %

Bharat Rasayan Quarterly Results

#(Fig in Cr.) Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022
Net Sales 318 222 270 252 269 335 445 327 292 309
Other Income 2 0 3 3 3 3 7 8 4 6
Total Income 321 222 273 255 272 338 452 335 296 315
Total Expenditure 261 171 204 194 229 265 358 274 256 257
Operating Profit 60 51 69 61 43 73 94 61 40 59
Interest 1 -1 2 1 1 2 3 2 1 2
Depreciation 7 7 7 6 6 7 7 6 7 7
Exceptional Income / Expenses -4 0 -0 -0 -0 -3 -1 -1 -1 -1
Profit Before Tax 48 45 61 54 36 61 83 52 31 49
Provision for Tax 13 10 14 14 9 16 19 13 8 13
Profit After Tax 35 35 47 40 27 46 65 39 23 37
Adjustments -0 -0 -0 -0 -0 0 0 -1 -0 -3
Profit After Adjustments 35 35 47 39 26 46 65 38 23 34
Adjusted Earnings Per Share 83 82.7 110.1 95 63.7 110.4 155.4 90.6 55.2 81.3

Bharat Rasayan Profit & Loss

#(Fig in Cr.) Mar 2019 Mar 2020 Mar 2021 Mar 2022 TTM
Net Sales 992 1215 1092 1301 1373
Other Income 3 17 7 16 25
Total Income 995 1232 1099 1317 1398
Total Expenditure 805 985 852 1046 1145
Operating Profit 190 247 247 271 254
Interest 16 16 4 7 8
Depreciation 17 22 26 25 27
Exceptional Income / Expenses -2 -3 -1 -4 -4
Profit Before Tax 155 205 216 235 215
Provision for Tax 44 48 51 58 53
Profit After Tax 112 158 164 177 164
Adjustments 0 0 -1 -1 -4
Profit After Adjustments 112 158 164 176 160
Adjusted Earnings Per Share 262.5 371 385.7 423.5 382.5

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 19% 9% 0% 0%
Operating Profit CAGR 10% 13% 0% 0%
PAT CAGR 8% 16% 0% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR -24% 25% 17% 55%
ROE Average 24% 27% 27% 27%
ROCE Average 28% 31% 30% 30%

Bharat Rasayan Balance Sheet

#(Fig in Cr.) Mar 2019 Mar 2020 Mar 2021 Mar 2022
Shareholder's Funds 409 564 727 770
Minority's Interest 0 0 0 0
Borrowings 40 22 0 1
Other Non-Current Liabilities 14 12 10 10
Total Current Liabilities 293 153 170 309
Total Liabilities 756 752 908 1090
Fixed Assets 150 203 191 228
Other Non-Current Assets 42 30 67 61
Total Current Assets 564 519 650 801
Total Assets 756 752 908 1090

Bharat Rasayan Cash Flow

#(Fig in Cr.) Mar 2019 Mar 2020 Mar 2021 Mar 2022
Opening Cash & Cash Equivalents 1 6 46 27
Cash Flow from Operating Activities -52 263 170 -65
Cash Flow from Investing Activities -48 -68 -153 51
Cash Flow from Financing Activities 102 -169 -40 -25
Net Cash Inflow / Outflow 3 25 -22 -39
Closing Cash & Cash Equivalent 6 46 27 0

Bharat Rasayan Ratios

# Mar 2019 Mar 2020 Mar 2021 Mar 2022
Earnings Per Share (Rs) 262.49 371.04 385.7 423.53
CEPS(Rs) 302.25 422.68 447.73 486.31
DPS(Rs) 1.5 1.5 1.5 1.5
Book NAV/Share(Rs) 962.19 1327.74 1711.78 1853.14
Core EBITDA Margin(%) 18.9 18.93 22 19.63
EBIT Margin(%) 17.28 18.24 20.18 18.61
Pre Tax Margin(%) 15.64 16.89 19.78 18.05
PAT Margin (%) 11.24 12.97 15.06 13.61
Cash Profit Margin (%) 12.94 14.78 17.42 15.53
ROA(%) 14.76 20.91 19.82 17.73
ROE(%) 27.28 32.41 25.47 23.66
ROCE(%) 26.14 33.74 30.53 28.01
Receivable days 102.67 79.56 91.28 106.5
Inventory Days 77.34 55.66 54.96 62.52
Payable days 23.79 18.23 26.8 28.02
PER(x) 15.93 14.04 24.39 28.76
Price/Book(x) 4.35 3.92 5.49 6.57
Dividend Yield(%) 0.04 0.03 0.02 0.01
EV/Net Sales(x) 2.03 1.86 3.68 4.02
EV/Core EBITDA(x) 10.6 9.14 16.26 19.29
Net Sales Growth(%) 0 22.46 -10.15 19.16
EBIT Growth(%) 0 29.27 -0.58 9.9
PAT Growth(%) 0 41.35 4.33 7.7
EPS Growth(%) 0 41.35 3.95 9.81
Debt/Equity(x) 0.6 0.17 0.08 0.23
Current Ratio(x) 1.92 3.38 3.82 2.59
Quick Ratio(x) 1.21 2.33 2.83 1.7
Interest Cover(x) 10.51 13.48 49.91 32.97
Total Debt/Mcap(x) 0.14 0.04 0.01 0.03

Bharat Rasayan Shareholding Pattern

# Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022
Promoter 74.83 74.83 74.83 75.05 75.05 75.05 74.99 74.99 74.99 74.99
FII 0.3 0.25 0.06 0 0.27 0.25 0.26 0.32 0.53 0.39
DII 0.64 0.96 0.02 1.72 1.85 2.03 2.58 2.57 2.57 2.6
Public 24.24 23.97 25.09 23.23 22.84 22.67 22.18 22.11 21.91 22.02
Others 0 0 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100 100 100

Bharat Rasayan News