Bharat Gears Ltd.

BSE: BHARATGEAR505688ISIN INE561C01019

Consumer Discretionary
Auto Components & Equipments

Share price

₹99.38+2.86 (+2.96%)

as of 4 Nov 2026

Prices adjusted for splits and bonuses; cash dividends excluded. Volume shows actual shares traded.

52W high: ₹141.00
52W low: ₹83.65
Off 52W high: -29.52%
1M return: -0.42%
3M return: -10.06%
6M return: -11.47%
1Y return: -13.99%
20D avg volume: 2,647
50 DMA: ₹100.57
200 DMA: ₹109.05

Key ratios Standalone

Market cap: ₹152.60 Cr
Current price: ₹99.38
52W high / low: ₹141.00 / ₹83.65
Face value: ₹10.00
P/E: 12.84
P/B: 1.25
EPS (TTM): ₹7.74
Book value / share: ₹79.50
ROE: 9.71%
ROCE: 18.90%
Operating margin: 5.77%
Net margin: 1.72%
Debt / equity: 0.44
Net debt: ₹58.10 Cr
Interest cover: 2.57
Dividend yield: 1.01%
Dividend / share (TTM): ₹1.00
Payout: 12.92%
Cash conversion cycle: 30.6 days

Financials

Metric	Q2 FY27	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24
Income statement
	238.17	215.65	210.29	189.35	204.74	179.80	174.87	142.08	164.58	166.01	—
	0.93	0.41	2.14	0.52	1.90	1.78	0.66	0.28	1.28	0.29	—
	239.11	216.06	212.42	189.87	206.64	181.57	175.53	142.36	165.86	166.30	—
	233.67	215.86	205.59	186.45	197.08	179.37	172.07	154.99	167.17	168.72	—
	130.33	112.06	106.58	98.52	109.33	97.88	87.20	78.51	92.52	96.25	—
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—
	38.12	36.53	34.70	34.44	31.90	30.50	29.34	29.24	30.79	30.03	—
	3.49	3.25	3.39	3.37	3.59	3.66	4.05	4.30	4.33	4.39	—
	4.82	5.08	5.31	5.72	5.79	5.75	5.75	6.04	5.99	5.86	—
	64.96	58.66	50.76	43.68	50.23	42.07	40.29	36.77	42.25	40.43	—
	5.44	0.20	6.84	3.42	9.56	2.20	3.46	-12.63	-1.31	-2.42	—
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	—	16.84	—	—
	5.44	0.20	6.84	3.42	9.56	2.20	3.46	-12.63	15.53	-2.42	—
	1.34	0.05	1.77	0.85	2.34	0.56	1.75	2.34	1.95	0.61	—
	4.10	0.15	5.07	2.57	7.22	1.65	1.71	-10.29	13.58	-1.81	—
	2.67	0.10	3.30	1.68	4.70	1.07	1.12	-6.70	8.84	-1.18	—
Key metrics
	13.75	8.53	15.54	12.51	18.94	11.61	13.26	-2.29	25.85	7.83	—
	5.80%	4.00%	7.40%	6.60%	9.30%	6.50%	7.60%	-1.60%	15.70%	4.70%	—
	1.70%	0.10%	2.40%	1.40%	3.50%	0.90%	1.00%	-7.20%	8.30%	-1.10%	—
	4.60%	—	5.40%	—	6.90%	—	4.00%	—	—	—	—
	16.30%	19.90%	20.30%	33.30%	24.40%	8.30%	—	—	—	—	—
	-43.20%	-90.90%	196.50%	125.00%	-46.80%	191.20%	—	—	—	—	—

Metric	TTM	FY26	FY25	FY24
Income statement
	853.46	784.17	647.53	—
	4.00	6.33	2.51	—
	857.46	790.50	650.05	—
	841.57	768.48	662.95	—
	447.49	412.30	354.48	—
	0.00	0.00	0.00	—
	143.79	131.54	119.39	—
	13.50	14.00	17.08	—
	20.93	22.57	23.63	—
	218.06	186.74	159.73	—
	15.90	22.02	-12.90	—
	0.00	0.00	16.84	—
	15.90	22.02	3.93	—
	4.01	5.51	0.75	—
	11.89	16.50	3.19	—
	7.75	10.75	2.08	—
Key metrics
	50.33	58.59	44.64	—
	5.90%	7.50%	6.90%	—
	1.39%	2.10%	0.50%	—
	—	18.90%	11.10%	—
	21.66%	21.10%	—	—
	4,000.00%	417.20%	—	—
	—	18.49	35.02	—
	—	1.78	15.35	—
	—	0.44	0.54	—
	—	58.10	61.27	—
	—	30.6	35.4	—
Balance sheet
	—	400.78	364.41	—
	—	259.70	212.49	—
	—	0.06	0.06	—
	—	113.76	96.87	—
	—	101.20	93.20	—
	—	34.46	10.36	—
	—	101.23	109.77	—
	—	149.23	127.12	—
	—	210.38	174.89	—
	—	58.16	61.33	—
	—	40.94	27.95	—
	—	17.22	33.38	—
	—	131.19	112.89	—
Cash flow
	—	29.45	48.97	—
	—	-8.04	2.30	—
	—	-30.91	-51.04	—
	—	10.96	13.95	—

Compounded growth

Sales CAGR 3Y: —
Sales CAGR 5Y: —
Profit CAGR 3Y: —
Profit CAGR 5Y: —
Sales YoY (TTM): +21.66%
Profit YoY (TTM): +4,000.00%

Compounded from reported annual figures. We publish no share-price CAGR: our prices are as-traded, so one would be wrong across every split and bonus issue.

Shareholding as of 30 Sep 2026

Promoter holding: 55.34%

Quarter	September 2026	June 2026
Promoter %	55.34%	55.34%

Holder	Type	Holding	Previous	Change
Surinder Paul Kanwar	Promoter	37.00%	37.00%	0.00%
Ultra Consultants Private Limited	Promoter Group	14.09%	14.09%	0.00%
Raunaq International Limited (Formerly Known as Raunaq EPC International Limited)	Promoter Group	1.69%	1.69%	0.00%
Vibrant Reality Infra Private Limited (FormerlyKnownasVibrantFinanceandInvestmentPrivateLimited)	Promoter Group	1.44%	1.44%	0.00%
Acadian Emerging Markets Micro-Cap Equity Master Fund	Public	1.23%	1.23%	0.00%
Investor Education And Protection Fund Authority Ministry Of Corporate Affairs	Public	1.11%	1.11%	0.00%
Clip-Lok Simpak (India) Private Limited	Promoter Group	1.10%	1.10%	0.00%
Late Dr. Raunaq Singh	Promoter Group	0.01%	0.01%	0.00%
Sachit Kanwar	Promoter Group	0.01%	0.01%	0.00%
Gulab Merchandise Private Limited	Promoter Group	0.00%	0.00%	0.00%
Akasa Design Studio LLP	Promoter Group	0.00%	0.00%	0.00%
Lemnos Autotech Private Limited (Formerly known as Nexus Drvline India Private Limited)	Promoter Group	0.00%	—	—
Pawania Kanwar	Promoter Group	0.00%	0.00%	0.00%
Sameer Kanwar	Promoter	0.00%	0.00%	0.00%
Nexus EPC Private Limited(Formerly known as Samreet Investment and Management Consultancy Private Limited)	Promoter Group	0.00%	0.00%	0.00%

Public shareholders are disclosed individually only above 1%.

Peer comparison

Company	Mkt cap (₹ Cr)	Price (₹)	P/E	ROCE	Sales YoY	Profit YoY	1Y return
Samvardhana Motherson International Limited	1,69,717	159.25	36.90	10.90%	+14.02% TTM	+24.64% TTM	+52.47%
Bosch Ltd	1,49,840	50,800.00	63.41	24.30%	+13.63% TTM	-11.32% TTM	+34.19%
Bharat Forge Ltd	88,694	1,815.00	123.94	15.80%	+17.54% TTM	-30.02% TTM	+37.06%
UNO Minda Limited	69,117	1,196.90	53.56	17.90%	+18.80% TTM	+15.35% TTM	-4.40%
Sona BLW Precision Forgings Limited	55,766	892.00	75.38	13.30%	+43.07% TTM	+21.75% TTM	+84.45%
Schaeffler India Limited	54,886	3,511.50	41.79	—	—	—	-15.20%
Tube Investments of India Ltd	43,747	2,260.00	39.45	12.80%	+17.62% TTM	+6.56% TTM	-24.44%
Endurance Technologies Limited	35,086	2,494.30	34.50	16.30%	+31.99% TTM	+15.15% TTM	-14.03%
Dhoot Transmission Limited	33,444	1,635.00	—	—	—	—	—
Exide Industries Ltd.	31,131	366.25	29.64	8.90%	+13.46% TTM	+32.16% TTM	-3.52%
Craftsman Automation Limited	27,927	10,677.90	52.97	14.20%	+35.85% TTM	+119.55% TTM	+56.36%
Sansera Engineering Limited	27,648	4,429.55	78.72	13.60%	+23.49% TTM	+52.89% TTM	+189.79%
Motherson Sumi Wiring India Limited S	26,009	39.22	38.08	35.50%	+35.93% TTM	+11.75% TTM	-16.50%
Asahi India Glass Ltd.	25,070	983.40	45.71	10.80%	+19.75% TTM	+46.40% TTM	+2.72%
Gabriel India Ltd.	24,678	1,392.40	75.53	22.80%	+24.12% TTM	+38.28% TTM	+10.16%
ZF Commercial Vehicle Control Systems India Limited	24,345	2,139.15	48.76	18.50%	+9.03% TTM	+3.22% TTM	+0.07%
Sundram Fasteners Ltd.	22,794	1,084.75	35.98	18.20%	+17.24% TTM	+13.95% TTM	+12.64%
BELRISE INDUSTRIES LIMITED	21,253	219.75	41.93	14.70%	—	—	+51.19%
SPR Auto Technologies Limited	19,750	4,257.65	33.20	18.00%	+46.79% TTM	+8.24% TTM	+57.73%
Tenneco Clean Air India Limited	18,753	464.65	31.18	64.30%	—	—	—
Minda Corporation Limited	16,202	677.70	29.06	15.10%	+32.84% TTM	+108.97% TTM	+14.51%
Lumax Auto Technologies Ltd.	14,306	2,099.00	33.99	24.70%	+32.82% TTM	+57.49% TTM	+75.07%
SEDEMAC MECHATRONICS LIMITED S	13,737	3,106.75	—	31.00%	—	—	—
Amara Raja Energy & Mobility Limited	13,341	728.90	16.72	14.40%	+15.67% TTM	-11.47% TTM	-26.41%
CIE Automotive India Limited	13,295	350.45	14.25	—	+12.44% TTM	+15.35% TTM	-18.90%
Bharat Gears Ltd. S	153	99.38	12.84	18.90%	+21.66% TTM	+4,000.00% TTM	-13.99%

Filings & corporate actions

Recent announcements

Pursuant to the Regulation 30 & 47 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("the Regulations"), please find enclosed herewith copy of the Un-Audited ....2 Nov 2026 · Company Update / Newspaper Publication
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements), Regulations, 2015 ('the Regulations'), we are enclosing herewith Un-Audited Financial Results of ....30 Oct 2026 · Board Meeting / Outcome of Board Meeting
Pursuant to Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018, please find enclosed herewith Certificate issued by MUFG Intime India Private Limited (Formerly ....13 Oct 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Bharat Gears Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 30/10/2026 ,inter alia, to consider and approve the Un-Audited Financial Results ....5 Oct 2026 · Board Meeting / Board Meeting
This is to inform that in terms of the Code for Prevention of Insider Trading read with the SEBI (Prohibition of Insider Trading) Regulations, 2015, the "Trading Window" for dealing in ....25 Sep 2026 · Insider Trading / SAST / Closure of Trading Window
Pursuant to Part-A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed the minutes of Annual General Meeting of the members ....25 Aug 2026 · Company Update / General
Pursuant to Regulation 44(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith Voting Results of the 54th Annual General Meeting ....14 Aug 2026 · AGM/EGM / AGM
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements), Regulations 2015 ("the Regulations") this is to inform that the members of the Company at their ....13 Aug 2026 · Company Update / General
We hereby enclose the gist of the proceedings of 54th Annual General Meeting of the Company held on August 13, 2026. You are requested to take the same on your records.13 Aug 2026 · AGM/EGM / AGM
Pursuant to the Regulation 30 & 47 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("the Regulations"), please find enclosed herewith copy of the Un-Audited ....4 Aug 2026 · Company Update / Newspaper Publication
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements), Regulations 2015 ("the Regulations"), this is to inform that Mr. Wolfgang Rudolf Schilha (DIN: 00374415) ....3 Aug 2026 · Company Update / General
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements), Regulations, 2015 ('the Regulations'), we are enclosing herewith Un-Audited Financial Results of ....3 Aug 2026 · Board Meeting / Outcome of Board Meeting
We refer to our letter dated April 16, 2026 made pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("the Regulations"). Pursuant ....31 Jul 2026 · Company Update / General
Pursuant to the Regulation 30 & 47 of SEBI (Listing Obligations and Disclosure Requirements), Regulations 2015 ("the Regulations"), please find enclosed herewith certified true copy of ....21 Jul 2026 · Company Update / Newspaper Publication
In terms of provisions of Regulation 42 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, ("Listing Regulations"), this is to inform that August 06, 2026 has ....20 Jul 2026 · Corp. Action / Record Date
Pursuant to Regulation 34(1)(a) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith Annual Report along with the Notice of Annual ....20 Jul 2026 · Others / Reg. 34 (1) Annual Report
Pursuant to Regulation 36(1)(b) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, a web-link, including the exact path, where complete details of the Annual ....17 Jul 2026 · Company Update / General
Bharat Gears Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 03/08/2026 ,inter alia, to consider and approve and take on record the Un-Audited ....15 Jul 2026 · Board Meeting / Board Meeting
Pursuant to Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018, please find enclosed herewith Certificate issued by MUFG Intime India Private Limited (Formerly ....10 Jul 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
In accordance with Regulation 30(4) read with Para B of Part A of Schedule III of the SEBI (LODR) Regulations, 2015 ("LODR Regulations"), and SEBI Circular No. SEBI/HO/CFD/CFD-PoD-2/P/CIR/2025/25 ....26 Jun 2026 · Company Update / General
This is to inform that in terms of the Code for Prevention of Insider Trading read with the SEBI (Prohibition of Insider Trading) Regulations, 2015, the "Trading Window" for dealing in ....25 Jun 2026 · Insider Trading / SAST / Closure of Trading Window
Pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("the Regulations") we wish to inform you that Bharat Gears ....4 Jun 2026 · Company Update / Acquisition
Pursuant to the Regulation 30 & 47 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, ("the Regulations"), please find enclosed herewith copy of the AUdited Financial ....1 Jun 2026 · Company Update / Newspaper Publication
Pursuant to the Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("the Regulations") this is to inform that the Board of Directors of the Company ....30 May 2026 · Company Update / General
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements), Regulations, 2015 ('the Regulations'), we are enclosing herewith Audited Financial Results of the ....30 May 2026 · Board Meeting / Outcome of Board Meeting
This is to inform you that on 26th May, 2026, the Company became aware that certain Unpublished price sensitive information ("UPSI") relating to the Company was shared/disclosed by the ....29 May 2026 · Company Update / General
Pursuant to Regulation 24A of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with Master Circular No. HO/49/14/(7)2025-CFD-POD2/I/3762/2026 dated January ....26 May 2026 · Company Update / Reg.24(A)-Annual Secretarial Compliance
Bharat Gears Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 30/05/2026 ,inter alia, to consider and approve Pursuant to Regulation 29 of the ....25 May 2026 · Board Meeting / Board Meeting
Pursuant to the Regulation 30 & 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("the Regulations"), please find enclosed herewith Notice published by ....11 May 2026 · Company Update / Newspaper Publication
Bharat Gears Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 30/05/2026 ,inter alia, to consider and approve Audited Financial Results of the ....8 May 2026 · Board Meeting / Board Meeting
In terms of the captioned subject, we hereby declare that the Company does not fall under the category of Large Corporate (LC) in terms of clause 1.2 of Chapter-XII of SEBI Master Circular ....30 Apr 2026 · Company Update / General
Pursuant to the Regulation 30 & 47 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("the Regulations"), please find enclosed herewith copy of the advertisement ....29 Apr 2026 · Company Update / Newspaper Publication
This is to inform you that the Board members have received an intimation from Mr. Surinder Paul Kanwar, Chairman and Managing Director of the Company vide his e-mail dated April 16, 2026 ....16 Apr 2026 · Company Update / General
Pursuant to Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018, please find enclosed herewith Certificate issued by MUFG Intime India Private Limited (Formerly ....13 Apr 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
This is to inform that in terms of the Code for Prevention of Insider Trading read with the SEBI (Prohibition of Insider Trading) Regulations, 2015, the "Trading Window" for dealing in ....25 Mar 2026 · Insider Trading / SAST / Closure of Trading Window
Pursuant to Regulation 30 & 47 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("the Regulations"), please find enclosed herewith copy of the Notice of Special ....24 Mar 2026 · Company Update / Newspaper Publication
Pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform that the rating for the Bank Loan Facilities ....19 Mar 2026 · Company Update / Credit Rating
Pursuant to the Regulation 30 & 47 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("the Regulations"), please find enclosed herewith copy of the Un-Audited ....11 Feb 2026 · Company Update / Newspaper Publication
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements), Regulations 2015 ('the Regulations'), we are enclosing herewith Un-Audited Financial Results of ....10 Feb 2026 · Board Meeting / Outcome of Board Meeting
Bharat Gears Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 10/02/2026 ,inter alia, to consider and approve and take on record the Un-Audited ....27 Jan 2026 · Board Meeting / Board Meeting

Corporate actions

Purpose	Ex date	Record date	Payment date
Final Dividend - Rs. - 1.0000	6 Aug 2026	6 Aug 2026	—

Board meetings

30 Oct 2026 Board Meeting - Financial Results
3 Aug 2026 Board Meeting - Financial Results