BHARATSEConsumer Discretionary

Bharat Seats Limited

Auto Components & Equipments · ISIN INE415D01024 · BSE 523229 · NSE EQ · FV ₹2
Last price
₹209
+1.93%today
What this company does

Bharat Seats Limited operates in Auto Components & Equipments, part of the Consumer Discretionary sector. It booked ₹578 cr of revenue in its latest quarter (Q1 FY27) and kept 2.3% of sales as profit.

In the report:
64out of 100
Equitytale Health Score
Mixed

Healthier than 64% of companies in Consumer Discretionary, on the 5 of 6 measures we could read for it. Each measure is ranked against the 326–421 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
41

At close. Not part of the score.

Profitability & returns74

How much profit it earns on the money it employs

Balance sheet55

How much it owes, and whether earnings cover the interest

Cash quality71

Whether reported profit actually arrives as cash

Valuation30

What today's price implies, against our models or its peers

Governance & risk100

How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure

Not measurable for this company: growth & consistency. Those pillars are left out of the score rather than counted as zero.

Is this company doing well?
not investment advice
Strengths
Makes a profit
Sales up 35% vs last year
Profit up 44% vs last year
Promoters hold 75%
No promoter shares pledged
Strong 23% return on equity
Turns profit into real cash
Watch-outs
! Thin 2.3% net margin

What if I invest in BHARATSE?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 5% a year, it would become
₹15.50 lakh

The slider starts at 5%, taken from a generic assumption, not this company's history. That is history, not a forecast — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹209 +1.93%
latest close · 2026-09-17
52-wk low ₹19842 sessions so far52-wk high ₹254
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio24.9Average
LowAverageHigh
P/B ratio5.72High
Below bookModerateHigh
EV / EBITDA11.5Average
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity23.0%Strong
WeakFairStrong ▸15%
Return on capital24.1%Strong
WeakFairStrong
Net margin2.3%Thin
ThinDecentStrong
EBITDA margin5.1%Thin
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.22Comfortable
LowModerateHigh ▸1
Interest cover9.1×Strong
RiskyOkayStrong ▸5×
Current ratio0.88Tight
Tight ◂1HealthyAmple
More figures
Market cap
₹1,314 cr
Book value
₹37
EPS
₹2.10
latest quarter
Net debt
₹35 cr
owes more than its cash
Enterprise value
₹1,349 cr
EBITDA
₹117 cr
annualised
EBIT
₹80 cr
annualised
Operating margin
3.4%
Return on assets
7.2%
Earnings yield
4.01%
P/S
0.57
Sales / share
₹368.0
Tax rate
25.4%
Face value
₹2
Shares
6.3 cr
Working capital
₹-50 cr
Current assets
₹356 cr
Current liabilities
₹406 cr
Delivery %
45.9%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-09-17.

Worth vs price · from the FY 2026 report & filings
not investment advice
Hard to value confidentlyLow confidence
The market price is far above what these earnings- and book-based models support — a fast-growing or asset-light business can trade well above them for years, so we won't put a confident number on how overpriced it is.
Models span ₹50₹71, midpoint ₹60

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q1 FY27 (consolidated)
Revenue from Operations₹578 cr
Other Income₹1 cr
Total Income₹579 cr
Cost of Materials₹498 cr
Purchases of Stock-in-Trade₹6 cr
Inventory Change (±)₹-59.6 L
Employee Benefit Expense₹18 cr
Finance Costs₹2 cr
Depreciation & Amortisation₹9 cr
Other Expenses₹28 cr
Total Expenses₹561 cr
Profit before Tax₹18 cr
Tax Expense₹5 cr
Net Profit₹13 cr
Net margin on total income2.3%
Where the money goes · Q1 FY27
% of total income
Materials + stock-in-trade₹503 cr86.9%
Employee benefit expense₹18 cr3.1%
Finance costs₹2 cr0.4%
Depreciation & amortisation₹9 cr1.6%
Other expenses₹28 cr4.9%
Tax expense₹5 cr0.8%
Profit for the period₹13 cr2.3%
Total income ₹579 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue491 cr574 cr578 cr
Total income492 cr575 cr579 cr
Expenses477 cr556 cr561 cr
Profit before tax13 cr19 cr18 cr
Tax4 cr5 cr5 cr
Net profit (owners' share)10 cr13 cr13 cr
Net margin (owners' share, on revenue)2.0%2.3%2.3%
EPS (₹)1.582.112.10
YoY (latest quarter): total income +35.2% · net profit +44.0%
Balance sheet & cash flow · as of Mar 2026
Low debt
Total assets
₹737 cr
Shareholder equity
₹230 cr
parent shareholders
Total debt
₹50 cr
Cash
₹15 cr
Cash flow · H1 FY26
Operating
₹56 cr
Investing
₹-22 cr
Financing
₹-33 cr
Peer comparison
Auto Components & Equipments · by market value
CompanyPriceMarket capP/E
Samvardhana Motherson International Limited₹162₹1.71 L cr41.3
Bosch Limited₹47,735₹1.41 L cr49.8
Bharat Forge Limited₹1,919₹91,740 cr
UNO Minda Limited₹1,205₹69,583 cr58.8
Schaeffler India Limited₹3,991₹62,379 cr48.0
Tube Investments of India Limited₹2,599₹50,313 cr74.6
Sona BLW Precision Forgings Limited₹778₹48,388 cr67.1
Endurance Technologies Limited₹2,691₹37,849 cr38.7
Exide Industries Limited₹419₹35,581 cr25.4
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
0.72%
trailing 12 months
Dividend / share (TTM)
₹1.5
Last dividend
₹1.5
ex 17 Jul 2026
ActionDetailEx-date
Dividend₹1.5 / share17 Jul 2026
Dividend₹1.1 / share2 Jul 2025
Bonus issue1:120 Dec 2024
Dividend₹1.6 / share11 Jul 2024
Dividend₹1.4 / share11 Jul 2023
Dividend₹0.8 / share20 Jun 2022
Who owns it · 2026-06-30
No pledge
Promoter
74.7%
FII / Foreign
0.1%
DII / Domestic
0.2%
Retail / others
25.0%
Promoter stake up 0.1% over the last 7 quarters.
Smart-money activity
Insider trades
SoldRishabh Relan · Promoter Group7.46 L26 Sep 25
BoughtRohit Relan Family Trust · Promoters1.03 cr26 Sep 25
SoldRohit Relan · Promoters76.58 L26 Sep 25
Bulk / block deals
SoldHRTI PRIVATE LIMITED · NSE3.39 L @ ₹249.929 Jul 26
BoughtHRTI PRIVATE LIMITED · NSE3.25 L @ ₹247.549 Jul 26
SoldJUNOMONETA FINSOL PRIVATE LIMITED · NSE4.21 L @ ₹244.993 Jul 26
Stake changes
BoughtRohit Relan Family Trust→ 16.38% · 1.03 cr26 Sep 25
BoughtRohit Relan Family Trust→ 16.38% · 1.03 cr26 Sep 25
What shareholders were asked to approve

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Postal ballot · 12 Mar 2026
See the official result
1
To approve Material Related Party Transactions with Maruti Suzuki India Limited
Promoters had a personal stake in this
Backed by 99% of shareholders other than promotersneeded 50%
10.71 L votes for, 10,680 against · 11% of mutual funds and other big investors said no

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 9 named members
owning 74.7% between them · as of 2026-06-30
NDR AUTO COMPONENTS LIMITED28.66%
Rohit Relan Family Trust (Mr. Rohit Relan, Ms. Ritu Relan, Mr. Rishabh Relan, Mr. Pranav Relan and Mr. Ayush Relan are Trustees)16.38%
MARUTI SUZUKI INDIA LTD14.81%
SUZUKI MOTOR CORPORATION14.81%
AYUSH RELANno shares
PRANAV RELANno shares
RISHABH RELANno shares
RITU RELANno shares

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.