Bharat Rasayan Limited

BSE: BHARATRAS590021ISIN INE838B01021

Commodities
Pesticides & Agrochemicals
BSE Commodities

Share price

₹965.65+14.10 (+1.48%)

as of 4 Nov 2026

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

Splits and bonuses

12 Dec 2025 · Bonus 1:1
12 Dec 2025 · Split 2:1 (₹10 → ₹5)

52W high: ₹2,844.00
52W low: ₹922.80
Off 52W high: -66.05%
1M return: -2.20%
3M return: -30.17%
6M return: -32.55%
1Y return: -65.15%
20D avg volume: 1,180
50 DMA: ₹1,075.12
200 DMA: ₹1,366.99

Key ratios Consolidated

Market cap: ₹1,605 Cr
Current price: ₹965.65
52W high / low: ₹2,844.00 / ₹922.80
Face value: ₹5.00
P/E: 2.86
P/B: 1.26
EPS (TTM): ₹337.25
Book value / share: ₹766.95
ROE: —
ROCE: 15.10%
Operating margin: —
Net margin: —
Debt / equity: 0.00
Net debt: ₹-21.53 Cr
Interest cover: 42.52
Dividend yield: 0.05%
Dividend / share (TTM): ₹0.50
Payout: 0.15%
Cash conversion cycle: 182.1 days

Financials

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q2 FY24	Q1 FY24
Income statement
	338.16	308.02	270.46	285.96	377.40	306.53	256.40	327.87	282.20	309.62	262.87	239.20
	5.62	15.58	9.49	9.05	7.10	6.11	7.18	6.84	5.89	10.98	4.00	2.37
	343.78	323.60	279.95	295.01	384.50	312.64	263.58	334.71	288.09	320.60	266.87	241.57
	295.47	265.63	235.79	260.45	311.80	274.74	222.81	280.89	251.39	247.77	255.28	240.22
	234.99	170.84	186.42	227.13	214.76	208.04	217.89	203.77	194.84	171.77	177.88	155.31
	0.00	0.00	0.00	—	—	—	—	—	—	—	—	—
	24.57	22.79	23.02	22.77	21.91	22.71	21.54	18.38	22.74	27.14	18.14	18.01
	1.02	0.93	1.39	1.09	1.18	1.21	1.16	1.38	0.97	1.07	0.53	0.19
	7.06	6.79	6.71	—	—	—	—	—	—	—	—	—
	40.29	40.37	36.04	34.33	35.70	37.35	35.23	31.16	32.05	35.71	30.11	26.67
	48.31	57.97	44.16	34.56	72.70	37.90	40.77	53.82	36.70	72.83	11.59	1.35
	0.00	-5.53	1.49	0.00	-14.78	0.00	0.00	0.00	0.00	0.03	-0.02	0.00
	48.31	52.44	45.65	34.56	57.92	37.90	40.77	53.82	36.70	72.86	11.57	1.35
	11.67	13.33	11.66	8.40	14.26	9.44	11.08	13.67	9.90	16.95	3.88	0.62
	37.23	38.15	40.03	27.88	39.66	25.13	40.53	32.14	43.12	67.11	6.00	7.09
	22.40	22.95	24.08	67.10	95.45	60.48	97.54	77.35	103.77	161.51	14.44	17.06
Key metrics
	56.39	60.16	53.75	35.65	59.10	39.11	41.93	55.20	37.67	73.93	12.10	1.54
	16.70%	19.50%	19.90%	12.50%	15.70%	12.80%	16.40%	16.80%	13.30%	23.90%	4.60%	0.60%
	11.00%	12.40%	14.80%	9.70%	10.50%	8.20%	15.80%	9.80%	15.30%	21.70%	2.30%	3.00%
	—	4.10%	—	—	—	—	—	—	—	—	—	—
	-10.40%	0.50%	5.50%	-12.80%	33.70%	-1.00%	—	24.70%	18.00%	—	—	—
	-6.10%	51.80%	-1.20%	-13.30%	-8.00%	-62.60%	—	435.70%	508.20%	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22
Income statement
	1,203	1,242	1,173	1,045	1,234	1,301
	39.74	41.22	26.02	20.90	19.34	15.64
	1,242	1,283	1,199	1,066	1,254	1,317
	1,057	1,074	1,030	956.11	1,069	1,078
	819.38	799.15	824.54	678.05	854.53	927.70
	—	0.00	—	—	—	—
	93.15	90.49	85.37	84.50	87.05	91.39
	4.43	4.59	4.72	2.96	5.81	6.81
	—	26.36	—	—	—	—
	151.03	146.44	135.79	121.83	110.92	112.25
	185.00	209.39	169.19	109.42	184.81	238.76
	-4.04	-18.82	0.00	0.00	-4.58	-3.94
	180.96	190.57	169.19	109.42	180.23	234.82
	45.06	47.65	44.09	27.81	49.40	57.69
	143.29	145.72	140.92	95.51	130.83	175.98
	136.53	87.67	339.14	229.86	299.89	423.52
Key metrics
	205.95	221.52	173.91	112.38	186.04	241.63
	17.13%	17.80%	14.80%	10.80%	15.10%	18.60%
	11.92%	11.70%	12.00%	9.10%	10.60%	13.50%
	—	15.10%	—	—	—	—
	-5.17%	5.90%	12.30%	-15.40%	-5.10%	—
	4.24%	3.40%	47.50%	-27.00%	-25.70%	—
	—	58.52	—	—	—	—
	—	0.91	—	—	—	—
	—	0.00	—	—	—	—
	—	-21.53	—	—	—	—
	—	182.1	—	—	—	—
Balance sheet
	—	1,433	—	—	—	—
	—	1,060	—	—	—	—
	—	22.76	—	—	—	—
	—	385.41	—	—	—	—
	—	330.56	—	—	—	—
	—	71.68	—	—	—	—
	—	245.98	—	—	—	—
	—	96.76	—	—	—	—
	—	136.30	—	—	—	—
	—	1.23	—	—	—	—
	—	1.23	—	—	—	—
	—	0.00	—	—	—	—
	—	1,275	—	—	—	—
Cash flow
	—	132.02	—	—	—	—
	—	-95.79	—	—	—	—
	—	-89.21	—	—	—	—
	—	73.50	—	—	—	—

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q2 FY24	Q1 FY24
Income statement
	338.16	308.02	270.46	285.96	377.40	306.53	256.40	327.87	282.20	309.62	262.87	239.20
	5.62	15.58	9.49	9.05	7.10	6.11	7.18	6.84	5.89	10.98	4.00	2.37
	343.78	323.60	279.95	295.01	384.50	312.64	263.58	334.71	288.09	320.60	266.87	241.57
	295.47	265.63	235.79	260.45	311.80	274.74	222.81	280.89	251.39	247.77	255.28	240.22
	234.99	170.84	186.42	227.13	214.76	208.04	217.89	203.77	194.84	171.77	177.88	155.31
	0.00	0.00	0.00	—	—	—	—	—	—	—	—	—
	24.57	22.79	23.02	22.77	21.91	22.71	21.54	18.38	22.74	27.14	18.14	18.01
	1.02	0.93	1.39	1.09	1.18	1.21	1.16	1.38	0.97	1.07	0.53	0.19
	7.06	6.79	6.71	6.47	6.39	7.19	7.02	6.43	6.35	6.38	6.44	6.34
	40.29	40.37	36.04	34.33	35.70	37.35	35.23	31.16	32.05	35.71	30.11	26.67
	48.31	57.97	44.16	34.56	72.70	37.90	40.77	53.82	36.70	72.83	11.59	1.35
	0.00	-5.53	1.49	—	-14.78	—	—	—	—	0.03	-0.02	—
	48.31	52.44	45.65	34.56	57.92	37.90	40.77	53.82	36.70	72.86	11.57	1.35
	11.67	13.32	11.66	8.40	14.26	9.44	11.08	13.67	9.90	16.95	3.88	0.62
	36.64	39.12	33.99	26.16	43.66	28.46	29.69	40.15	26.80	55.91	7.69	0.73
	22.04	23.54	20.45	62.96	105.07	68.49	71.45	96.63	64.50	134.55	18.51	1.76
Key metrics
	56.39	60.16	53.75	42.12	65.49	46.30	48.95	61.63	44.02	80.31	18.54	7.88
	16.70%	19.50%	19.90%	14.70%	17.40%	15.10%	19.10%	18.80%	15.60%	25.90%	7.10%	3.30%
	10.80%	12.70%	12.60%	9.10%	11.60%	9.30%	11.60%	12.20%	9.50%	18.10%	2.90%	0.30%
	—	4.20%	—	—	—	—	—	—	—	—	—	—
	-10.40%	0.50%	5.50%	-12.80%	33.70%	-1.00%	—	24.70%	18.00%	—	—	—
	-16.10%	37.50%	14.50%	-34.80%	62.90%	-49.10%	—	422.10%	3,571.20%	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22
Income statement
	1,203	1,242	1,173	1,045	1,234	1,301
	39.74	41.22	26.02	20.90	19.34	15.64
	1,242	1,283	1,199	1,066	1,254	1,317
	1,057	1,074	1,030	956.11	1,069	1,078
	819.38	799.15	824.54	678.05	854.53	927.70
	—	0.00	—	—	—	—
	93.15	90.49	85.37	84.50	87.05	91.39
	4.43	4.59	4.72	2.96	5.81	6.81
	27.03	26.36	26.99	25.79	26.03	24.94
	151.03	146.44	135.79	121.83	110.92	112.25
	185.00	209.39	169.19	109.42	184.81	238.76
	—	-18.82	—	—	-4.58	-3.94
	180.96	190.57	169.19	109.42	180.23	234.82
	45.05	47.64	44.09	27.81	49.40	57.69
	135.91	142.93	125.10	81.61	130.83	177.13
	128.99	85.99	301.07	196.40	314.86	426.29
Key metrics
	212.42	221.52	200.90	138.17	212.07	266.57
	17.66%	17.80%	17.10%	13.20%	17.20%	20.50%
	11.30%	11.50%	10.70%	7.80%	10.60%	13.60%
	—	15.40%	—	—	—	—
	-5.17%	5.90%	12.30%	-15.40%	-5.10%	—
	-4.26%	14.30%	53.30%	-37.60%	-26.10%	—
	—	58.52	—	—	—	—
	—	0.92	—	—	—	—
	—	0.00	—	—	—	—
	—	-21.53	—	—	—	—
	—	182.1	—	—	—	—
Balance sheet
	—	1,406	—	—	—	—
	—	1,060	—	—	—	—
	—	22.76	—	—	—	—
	—	385.41	—	—	—	—
	—	330.56	—	—	—	—
	—	71.68	—	—	—	—
	—	245.98	—	—	—	—
	—	96.76	—	—	—	—
	—	136.30	—	—	—	—
	—	1.23	—	—	—	—
	—	1.23	—	—	—	—
	—	0.00	—	—	—	—
	—	1,249	—	—	—	—
Cash flow
	—	132.02	—	—	—	—
	—	-95.79	—	—	—	—
	—	-89.21	—	—	—	—
	—	73.50	—	—	—	—

Compounded growth

Standalone

Sales CAGR 3Y: +0.20%
Sales CAGR 5Y: —
Profit CAGR 3Y: +2.99%
Profit CAGR 5Y: —
Sales YoY (TTM): -5.17%
Profit YoY (TTM): -4.26%

Consolidated

Sales CAGR 3Y: +0.20%
Sales CAGR 5Y: —
Profit CAGR 3Y: +3.66%
Profit CAGR 5Y: —
Sales YoY (TTM): -5.17%
Profit YoY (TTM): +4.24%

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.

Peer comparison

Company	Mkt cap (₹ Cr)	Price (₹)	P/E	ROCE	Sales YoY	Profit YoY	1Y return
UPL Limited	44,614	528.50	20.63	11.20%	+10.33% TTM	-8.66% TTM	-27.73%
PI Industries Limited	33,178	2,186.80	28.48	14.60%	-16.57% TTM	-27.70% TTM	-40.62%
SUMITOMO CHEMICAL INDIA LIMITED	16,369	327.95	29.28	21.00%	-2.59% TTM	+2.94% TTM	-34.32%
Bayer CropScience Limited. S	14,606	3,249.85	19.59	27.90%	-5.00% TTM	+22.45% TTM	-32.80%
Sharda Cropchem Limited	6,122	678.60	9.51	25.30%	+17.28% TTM	+42.42% TTM	-16.28%
Dhanuka Agritech Ltd. S	4,203	942.75	14.83	22.10%	-0.06% TTM	+1.17% TTM	-28.35%
Rallis India Ltd S	3,681	189.30	18.69	12.30%	+6.82% TTM	+11.93% TTM	-27.67%
NACL Industries Limited	2,948	125.85	238.31	7.80%	+11.90% TTM	+121.22% TTM	—
Bhagiradha Chemicals and Industries	2,521	194.40	110.74	4.40%	+30.21% TTM	+125.02% TTM	-21.34%
GSP CROP SCIENCE LIMITED	2,036	437.70	—	20.20%	—	—	—
Insecticides India Ltd.	1,619	556.55	12.94	16.10%	+1.26% TTM	-17.02% TTM	-22.64%
Bharat Rasayan Limited	1,605	965.65	2.86	15.10%	-5.17% TTM	+4.24% TTM	-65.15%
Meghmani Organics Limited	1,414	55.62	22.02	8.60%	-5.19% TTM	+118.28% TTM	-28.34%
India Pesticides Limited	1,326	115.10	14.03	16.20%	+2.89% TTM	-9.46% TTM	-37.97%
ASTEC LIFESCIENCES LIMITED	1,266	568.00	-15.91	-10.50%	+16.06% TTM	+30.16% TTM	-14.44%
Punjab Chemicals and Crop Protection Ltd.	1,127	919.35	18.69	20.70%	+13.95% TTM	+15.36% TTM	-29.54%
Dharmaj Crop Guard Limited S	847	250.75	15.11	17.60%	+3.73% TTM	+15.20% TTM	-2.37%
Advance Agrolife Limited S	845	131.50	17.30	17.20%	—	—	+1.08%
Heranba Industries Limited	608	152.05	-7.91	-2.40%	-2.56% TTM	-853.72% TTM	-48.54%
BEST AGROLIFE LIMITED	516	14.54	10.71	7.60%	-19.67% TTM	+276.02% TTM	-32.22%
Shivalik Rasayan Ltd.	482	300.70	24.54	4.90%	+14.88% TTM	+1.34% TTM	-34.47%
MAHAMAYA LIFESCIENCES LIMITED	424	181.00	—	25.20%	—	—	—
Indogulf Cropsciences Limited	391	61.79	8.97	14.70%	—	—	-39.98%
Bhaskar Agrochemicals Ltd. S	55	105.90	11.16	31.80%	+21.00% TTM	-9.34% TTM	+2.17%
Super Crop Safe Ltd. S	54	13.34	23.82	5.80%	+43.30% TTM	+55.56% TTM	+27.78%

Filings & corporate actions

Recent announcements

Bharat Rasayan Ltd has informed BSE regarding Board Meeting Intimation for Results & Closure of Trading Window31 Oct 2026 · Board Meeting / Board Meeting
Bharat Rasayan Ltd has informed BSE that the 37th Annual General Meeting (AGM) of the Company was held on September 24, 2026.24 Sep 2026 · AGM/EGM / AGM
Bharat Rasayan Ltd has informed BSE regarding "Closure of Trading Window".21 Sep 2026 · Insider Trading / SAST / Closure of Trading Window
Bharat Rasayan Ltd has informed BSE that the Company has fixed September 17, 2026 as the Record Date for the purpose of Payment of Final Dividend.31 Aug 2026 · Corp. Action / Record Date
Bharat Rasayan Ltd has informed BSE about : 1. Standalone Financial Results for the period ended June 30, 2026 2. Consolidated Financial Results for the period ended June 30, 2026 ....31 Aug 2026 · Result / Financial Results
Bharat Rasayan Ltd has informed BSE regarding Board Meeting Intimation for Results & Closure of Trading Window30 Jul 2026 · Board Meeting / Board Meeting
Bharat Rasayan Ltd has informed BSE regarding "Closure of Trading Window".24 Jun 2026 · Insider Trading / SAST / Closure of Trading Window
Bharat Rasayan Ltd has informed BSE regarding "Board Meeting Intimation for Results & Closure of Trading Window".9 May 2026 · Board Meeting / Board Meeting
Bharat Rasayan Ltd has informed BSE regarding "Closure of Trading Window".23 Mar 2026 · Insider Trading / SAST / Closure of Trading Window
Bharat Rasayan Ltd has informed BSE about : 1. Standalone Financial Results for the period ended December 31, 2025 2. Consolidated Financial Results for the period ended ....13 Feb 2026 · Result / Financial Results
Bharat Rasayan Ltd has informed BSE regarding "Board Meeting Intimation for Results & Closure of Trading Window".30 Jan 2026 · Board Meeting / Board Meeting
The Exchange has sought clarification from Bharat Rasayan Ltd on January 27, 2026 with reference to significant movement in price, in order to ensure that investors have latest relevant ....27 Jan 2026 · Company Update / Clarification
Bharat Rasayan Ltd has informed BSE regarding Outcome of Board Meeting held on January 19, 2026.19 Jan 2026 · Board Meeting / Board Meeting
Bharat Rasayan Ltd has informed BSE regarding "Closure of Trading Window".26 Dec 2025 · Insider Trading / SAST / Closure of Trading Window
Bharat Rasayan Ltd has informed BSE regarding Allotment of Bonus Equity Shares.15 Dec 2025 · Company Update / Allotment of Equity Shares
Bharat Rasayan Ltd has informed BSE that the Company has fixed December 12, 2025 as the Record Date for the purpose of Stock Split/ Subdivision of Shares & Bonus Issue.3 Dec 2025 · Company Update / General
Bharat Rasayan Ltd vide its letter dated October 24, 2025 has informed BSE regarding "Outcome of Board Meeting held on October 24, 2025".3 Dec 2025 · Board Meeting / Board Meeting
Bharat Rasayan Ltd has submitted to BSE a copy of details of the Voting Results in respect of the Extra-Ordinary General Meeting of the Company held on November 19, 2025.20 Nov 2025 · Company Update / General
Bharat Rasayan Ltd has submitted to BSE a copy of Proceedings of the Extra-Ordinary General Meeting of the Shareholders of the Company held on November 19, 2025.19 Nov 2025 · AGM/EGM / EGM
Bharat Rasayan Ltd has informed BSE about : 1. Standalone Financial Results for the period ended September 30, 2025 2. Consolidated Financial Results for the period ended ....11 Nov 2025 · Result / Financial Results
Bharat Rasayan Ltd has informed BSE regarding "Board Meeting Intimation for Results & Closure of Trading Window".1 Nov 2025 · Board Meeting / Board Meeting
Bharat Rasayan Ltd has informed BSE that the Extraordinary General Meeting (EGM) of the Company will be held on November 19, 2025.28 Oct 2025 · AGM/EGM / EGM
Bharat Rasayan Ltd has informed BSE regarding "Prior intimation of Board Meeting under Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.".20 Oct 2025 · Corp. Action / Bonus
Bharat Rasayan Ltd has submitted to BSE a copy of details of Voting Results of the 36th Annual General Meeting of the Company held on September 19, 2025.22 Sep 2025 · AGM/EGM / AGM
Bharat Rasayan Ltd has informed BSE that the 36th Annual General Meeting (AGM) of the Company was held on September 18, 2025.19 Sep 2025 · Company Update / General
Bharat Rasayan Ltd has informed BSE about : 1. Standalone Financial Results for the period ended June 30, 2025 2. Consolidated Financial Results for the period ended June 30, 2025 ....13 Aug 2025 · Result / Financial Results
Bharat Rasayan Ltd has informed BSE regarding "Board Meeting Intimation for Results & Closure of Trading Window".31 Jul 2025 · Board Meeting / Board Meeting
Bharat Rasayan Ltd has informed BSE about : 1. Standalone Financial Results for the period ended June 30, 2024 2. Consolidated Financial Results for the period ended June 30, 2024 ....8 Aug 2024 · Result / Financial Results

Corporate actions

Purpose	Ex date	Record date	Payment date
Final Dividend - Rs. - 0.5000	17 Sep 2026	17 Sep 2026	—
Bonus issue 1:1	12 Dec 2025	12 Dec 2025	—
Stock Split From Rs.10/- to Rs.5/-	12 Dec 2025	12 Dec 2025	—
Final Dividend - Rs. - 1.5000	12 Sep 2025	12 Sep 2025	—
Final Dividend - Rs. - 1.5000	12 Sep 2024	—	—