Bhartiya International Ltd.

BSE: BIL526666ISIN INE828A01016

Consumer Discretionary
Leather And Leather Products

Share price

₹1,073.55-1.45 (-0.13%)

as of 4 Nov 2026

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

52W high: ₹1,185.00
52W low: ₹615.20
Off 52W high: -9.41%
1M return: +0.40%
3M return: +34.33%
6M return: +39.01%
1Y return: +26.30%
20D avg volume: 540
50 DMA: ₹1,001.18
200 DMA: ₹819.05

Key ratios Consolidated

Market cap: ₹1,440 Cr
Current price: ₹1,073.55
52W high / low: ₹1,185.00 / ₹615.20
Face value: ₹10.00
P/E: 56.18
P/B: 2.95
EPS (TTM): ₹19.11
Book value / share: ₹363.38
ROE: —
ROCE: 15.90%
Operating margin: —
Net margin: —
Debt / equity: 1.09
Net debt: ₹500.08 Cr
Interest cover: 1.93
Dividend yield: —
Dividend / share (TTM): —
Payout: —
Cash conversion cycle: 186.2 days

Financials

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24	Q2 FY24
Income statement
	372.80	312.70	365.95	399.40	279.96	241.14	262.97	295.91	229.24	179.66	198.35	227.65
	1.88	0.56	0.69	0.26	0.90	0.85	1.15	1.82	0.63	4.67	0.87	0.67
	374.67	313.26	366.64	399.66	280.86	241.99	264.12	297.73	229.87	184.33	199.22	228.31
	352.87	308.26	356.33	378.83	270.94	240.01	262.01	281.56	226.41	183.39	197.79	214.28
	200.37	115.04	151.14	191.03	152.98	67.85	126.19	122.68	105.98	74.83	89.06	102.71
	60.53	79.12	53.98	66.34	29.71	68.80	20.38	53.51	33.52	30.76	8.75	33.25
	24.49	26.18	21.18	18.36	19.64	18.07	17.32	16.17	17.42	17.24	15.59	15.20
	11.81	12.49	12.55	13.08	11.62	11.25	11.76	12.12	10.25	11.34	10.44	10.62
	4.31	7.38	6.50	6.45	6.47	6.42	6.54	6.40	6.40	6.08	6.58	6.34
	104.37	77.59	93.54	95.51	72.27	59.78	14.17	10.38	14.08	—	11.01	11.45
	21.80	5.00	10.31	20.83	9.92	1.98	2.11	16.17	3.46	0.94	1.43	14.03
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	21.80	5.00	10.31	20.83	9.92	1.98	2.11	16.17	3.46	0.94	1.43	14.03
	5.27	2.62	3.66	6.23	3.08	1.73	1.78	4.10	1.71	0.28	1.17	3.98
	17.76	-8.77	6.70	9.94	5.58	14.91	-1.52	7.67	-5.43	1.42	-3.26	5.58
	13.21	-6.63	5.09	7.61	4.26	12.17	-1.24	6.28	-4.44	1.39	-2.74	4.57
Key metrics
	37.92	24.87	29.36	40.36	28.01	19.65	20.41	34.69	20.11	18.36	18.45	30.99
	10.20%	8.00%	8.00%	10.10%	10.00%	8.10%	7.80%	11.70%	8.80%	10.20%	9.30%	13.60%
	4.80%	-2.80%	1.80%	2.50%	2.00%	6.20%	-0.60%	2.60%	-2.40%	0.80%	-1.60%	2.50%
	—	2.90%	—	6.10%	—	2.50%	—	—	—	—	—	—
	33.20%	29.70%	39.20%	35.00%	22.10%	34.20%	32.60%	30.00%	—	—	—	—
	218.30%	-158.80%	540.80%	29.60%	202.80%	950.00%	53.40%	37.50%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22
Income statement
	1,451	1,358	1,029	777.52	798.60	693.51
	3.39	2.40	4.44	6.92	3.36	32.17
	1,454	1,360	1,034	784.44	801.96	725.68
	1,396	1,314	1,010	765.97	781.61	705.12
	657.58	610.18	422.69	369.70	349.22	320.02
	259.97	229.16	176.21	81.85	88.80	120.24
	90.21	85.35	68.97	62.15	59.18	51.65
	49.93	49.74	45.39	42.14	36.70	23.27
	24.64	26.81	25.75	25.53	25.23	23.81
	371.01	338.92	260.52	—	—	41.16
	57.94	46.06	23.72	18.47	20.35	20.57
	0.00	0.00	0.00	0.00	0.00	0.00
	57.94	46.06	23.72	18.47	20.35	20.57
	17.78	15.58	9.32	6.74	5.93	5.46
	25.63	13.45	15.63	0.20	62.58	-16.56
	19.28	10.16	12.77	0.20	51.03	-13.34
Key metrics
	132.51	122.61	94.86	86.14	82.28	67.65
	9.13%	9.00%	9.20%	11.10%	10.30%	9.80%
	1.77%	1.00%	1.50%	0.00%	7.80%	-2.40%
	—	15.90%	13.10%	—	—	—
	34.34%	31.90%	32.40%	-2.60%	15.20%	—
	-3.79%	-13.90%	7,715.00%	-99.70%	477.90%	—
	—	20.90	36.88	—	—	—
	—	2.98	2.83	—	—	—
	—	1.09	1.06	—	—	—
	—	500.08	462.48	—	—	—
	—	186.2	215.2	—	—	—
Balance sheet
	—	1,359	1,172	—	—	—
	—	1,162	955.42	—	—	—
	—	31.99	11.98	—	—	—
	—	272.88	187.86	—	—	—
	—	688.37	620.54	—	—	—
	—	49.81	30.22	—	—	—
	—	143.88	140.50	—	—	—
	—	268.31	201.74	—	—	—
	—	756.90	643.26	—	—	—
	—	532.07	474.46	—	—	—
	—	439.86	408.73	—	—	—
	—	92.21	65.73	—	—	—
	—	487.31	448.55	—	—	—
Cash flow
	—	40.06	44.30	—	—	—
	—	-39.92	-13.95	—	—	—
	—	19.87	-45.42	—	—	—
	—	19.16	7.42	—	—	—

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24	Q2 FY24
Income statement
	306.00	244.62	312.67	328.54	244.70	202.71	234.26	233.01	186.59	146.68	177.59	183.40
	1.87	0.78	0.67	0.56	0.77	1.26	1.02	0.74	0.95	0.53	0.82	0.65
	307.87	245.40	313.34	329.10	245.47	203.97	235.28	233.75	187.54	147.21	178.40	184.05
	287.40	241.89	303.29	307.41	231.95	201.19	231.14	217.16	181.07	146.03	176.26	168.55
	210.52	123.93	155.32	195.69	157.81	72.91	129.39	126.43	110.65	74.44	89.47	102.13
	0.00	18.62	12.48	1.89	0.09	35.56	0.46	—	0.01	0.01	0.06	—
	19.04	18.35	17.51	15.03	16.24	15.31	13.94	12.75	13.52	13.00	11.90	11.72
	11.74	12.83	12.01	12.85	11.33	10.89	11.35	11.56	9.72	10.55	9.75	9.95
	3.75	3.80	2.68	2.64	2.65	2.51	2.69	2.66	2.62	2.60	2.60	2.57
	94.10	74.02	87.03	90.14	66.02	55.68	—	—	—	—	—	47.30
	20.47	3.52	10.05	21.69	13.52	2.78	4.14	16.59	6.47	1.18	2.14	15.50
	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—	—	—
	20.47	3.52	10.05	21.69	13.52	2.78	4.14	16.59	6.47	1.18	2.14	15.50
	5.14	2.00	3.37	6.33	3.37	1.27	1.79	4.18	1.59	0.17	1.02	3.86
	15.33	1.51	6.68	15.36	10.15	1.50	2.36	12.42	4.88	1.00	1.12	11.64
	11.43	1.14	5.07	11.73	7.82	1.20	1.93	10.17	3.99	0.82	0.92	9.53
Key metrics
	35.96	20.15	24.74	37.18	27.50	16.18	18.18	30.81	18.81	14.33	14.49	28.02
	11.80%	8.20%	7.90%	11.30%	11.20%	8.00%	7.80%	13.20%	10.10%	9.80%	8.20%	15.30%
	5.00%	0.60%	2.10%	4.70%	4.10%	0.70%	1.00%	5.30%	2.60%	0.70%	0.60%	6.30%
	—	3.00%	—	6.90%	—	2.90%	—	—	—	—	—	—
	25.10%	20.70%	33.50%	41.00%	31.10%	38.20%	31.90%	27.10%	—	—	—	—
	51.00%	0.70%	183.10%	23.70%	108.00%	50.00%	110.70%	6.70%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22
Income statement
	1,192	1,131	856.57	660.95	664.43	530.85
	3.88	2.77	3.97	2.66	3.46	4.64
	1,196	1,133	860.53	663.60	667.90	535.49
	1,140	1,085	830.55	639.72	646.06	518.60
	685.46	632.75	439.39	369.15	347.90	318.09
	32.99	33.09	36.03	0.13	0.16	3.35
	69.93	67.13	55.53	47.56	46.76	38.19
	49.43	49.01	43.53	39.30	34.45	22.73
	12.87	11.77	10.57	10.48	9.81	8.35
	345.29	317.22	235.62	—	—	145.61
	55.73	48.77	29.98	23.88	21.84	16.89
	0.00	0.00	0.00	—	—	—
	55.73	48.77	29.98	23.88	21.84	16.89
	16.84	15.06	8.83	6.29	5.67	4.94
	38.88	33.71	21.15	17.59	16.17	11.95
	29.37	25.48	17.29	14.40	13.39	9.79
Key metrics
	118.03	109.55	84.08	73.66	66.10	47.97
	9.90%	9.70%	9.80%	11.10%	9.90%	9.00%
	3.26%	3.00%	2.50%	2.70%	2.40%	2.30%
	—	17.70%	15.50%	—	—	—
	30.30%	32.00%	29.60%	-0.50%	25.20%	—
	47.11%	59.40%	20.20%	8.80%	35.30%	—
	—	-32.56	35.29	—	—	—
	—	-0.41	1.96	—	—	—
	—	1.19	1.16	—	—	—
	—	524.85	456.19	—	—	—
	—	215.7	237.8	—	—	—
Balance sheet
	—	1,234	1,082	—	—	—
	—	1,013	872.93	—	—	—
	—	3.35	2.25	—	—	—
	—	192.51	138.37	—	—	—
	—	672.98	604.54	—	—	—
	—	24.84	25.74	—	—	—
	—	130.57	125.68	—	—	—
	—	197.71	185.00	—	—	—
	—	679.64	607.93	—	—	—
	—	528.20	458.44	—	—	—
	—	437.10	393.16	—	—	—
	—	91.10	65.28	—	—	—
	—	443.16	395.94	—	—	—
Cash flow
	—	-13.68	41.40	—	—	—
	—	-18.23	-12.62	—	—	—
	—	33.01	-32.05	—	—	—
	—	18.88	6.11	—	—	—

Compounded growth

Standalone

Sales CAGR 3Y: +19.38%
Sales CAGR 5Y: —
Profit CAGR 3Y: +27.75%
Profit CAGR 5Y: —
Sales YoY (TTM): +30.30%
Profit YoY (TTM): +47.11%

Consolidated

Sales CAGR 3Y: +19.36%
Sales CAGR 5Y: —
Profit CAGR 3Y: -40.10%
Profit CAGR 5Y: —
Sales YoY (TTM): +34.34%
Profit YoY (TTM): -3.79%

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: 61.17%

Quarter	September 2026	June 2026
Promoter %	61.17%	61.17%

Holder	Type	Holding	Previous	Change
BHARTIYA GLOBAL VENTURES PRIVATE LIMITED	Promoter Group	22.72%	22.72%	0.00%
URBANAC PROJECTS PRIVATE LIMITED	Promoter Group	8.96%	8.96%	0.00%
SNEHDEEP AGGARWAL	Promoter	8.90%	8.90%	0.00%
BHARTIYA INFOTECH PRIVATE LIMITED	Promoter Group	7.53%	7.53%	0.00%
CHARTERED FINANCE & LEASING LIMITED	Public	5.89%	5.89%	0.00%
TIMF HOLDINGS	Public	5.27%	5.27%	0.00%
BHARTIYA ADVISORY SERVICES PRIVATE LIMITED	Promoter Group	5.08%	5.08%	0.00%
ARJUN AGGARWAL	Promoter Group	3.70%	3.70%	0.00%
RAMESH BHATIA	Promoter	2.54%	2.54%	0.00%
VINOD INFOTECH PRIVATE LIMITED	Public	2.11%	2.11%	0.00%
MORGAN STANLEY ASIA (SINGAPORE) PTE	Public	2.08%	2.08%	0.00%
PARIJATA TRADING PRIVATE LIMITED	Public	1.80%	1.80%	0.00%
KANWAL AGGARWAL	Promoter Group	1.42%	1.42%	0.00%
SRINIVAS B S	Public	1.32%	1.32%	0.00%
R.L. BHATIA ASSOCIATES PRIVATE LIMITED	Promoter Group	0.22%	0.22%	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
Mayur Uniquoters ltd.	3,430	789.35	16.56	22.70%	+15.58% TTM	+35.70% TTM	+47.31%
Bhartiya International Ltd.	1,440	1,073.55	56.18	15.90%	+34.34% TTM	-3.79% TTM	+26.30%
Kothari Industrial Corpn. Ltd. S	1,258	116.45	-38.82	-9.80%	+75.30% TTM	-76.10% TTM	-76.37%
Mirza International Limited	375	27.16	-16.72	1.30%	-11.43% TTM	-264.83% TTM	-26.20%
Superhouse limited	165	150.00	21.19	5.40%	-1.13% TTM	+115.47% TTM	-6.83%
Zenith Exports Ltd. S	97	179.00	331.48	4.50%	-17.96% TTM	-90.24% TTM	-27.92%
Anka India Ltd. S	96	18.69	-12.30	-10.60%	+206.78% TTM	-7,740.00% TTM	-69.41%
Super Tannery Limited	85	7.89	12.26	11.30%	-11.51% TTM	+4.51% TTM	+4.23%
AKI India Limited	54	5.23	18.09	4.60%	+52.47% TTM	+103.40% TTM	-36.14%
Aritas Vinyl Limited S	28	14.30	5.93	13.10%	—	—	—
AMIN TANNERY LIMITED S	18	1.70	85.00	15.60%	-15.94% TTM	-20.00% TTM	-12.37%
Welterman International Ltd. S	8	17.16	-14.92	10.60%	-100.00% TTM	-264.29% TTM	-37.83%
N.B. Footwear Ltd. S	3	2.47	-24.70	81.00%	—	—	-71.18%

Filings & corporate actions

Recent announcements

Submission of Resignation letter of Senior Management Personnel15 Oct 2026 · Company Update / Change in Management
Certificate under regulation 74 (5) of SEBI (DP) Regulations, 201812 Oct 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Intimation of Resignation of Senior Management personnel9 Oct 2026 · Company Update / Cessation
Intimation for Special Window for Transfer and Dematerialisation of Physical Securities.1 Oct 2026 · Company Update / Newspaper Publication
Voting Results29 Sep 2026 · AGM/EGM / AGM
Scrutinizer''s Report29 Sep 2026 · AGM/EGM / AGM
Intimation of Trading Window Closure28 Sep 2026 · Insider Trading / SAST / Closure of Trading Window
Proceedings of 39th AGM of Company28 Sep 2026 · AGM/EGM / AGM
Submission of Newspaper Publication regarding Notice sent to the members for 39th Annual General Meeting.3 Sep 2026 · Company Update / Newspaper Publication
Intimation of Schedule of Annual General Meeting, Book Closure for AGM.2 Sep 2026 · Corp. Action / Book Closure
Dispatch of Letter to Shareholders2 Sep 2026 · Company Update / General
Notice for 39th Annual General Meeting of Bhartiya International Limited2 Sep 2026 · AGM/EGM / AGM
Annual Report for the Financial Year 2025-26 along with Notice of Annual General Meeting.2 Sep 2026 · Others / Reg. 34 (1) Annual Report
Newspaper Publication pertaining to the pre-dispatch information regarding 39th AGM of the Company.1 Sep 2026 · Company Update / Newspaper Publication
Newspaper Publication for Unaudited Financial Results for the quarter ended 30th June, 202614 Aug 2026 · Company Update / Newspaper Publication
Unaudited Financial Results for quarter ending june 202613 Aug 2026 · Result / Financial Results
Unaudited Financial Results for the quarter ended 30th June, 202613 Aug 2026 · Board Meeting / Outcome of Board Meeting
Newspaper Publication for Special Window for Transfer and Dematerialisation of Physical Securities.11 Aug 2026 · Company Update / Newspaper Publication
Newspaper advertisement of Notice for Intimation of Board Meeting5 Aug 2026 · Company Update / Newspaper Publication
Bhartiya International Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 13/08/2026 ,inter alia, to consider and approve Intimation of Board Meeting4 Aug 2026 · Board Meeting / Board Meeting
Newspaper advertisement of Notice for transfer of unclaimed dividend along with the corresponding shares of the company to IEPF.7 Jul 2026 · Company Update / Newspaper Publication
Certificate under Regulation 74(5) of SEBI (DP) Regulations, 20186 Jul 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Intimation under Regulation 30 of SEBI (LODR)6 Jul 2026 · Company Update / General
Intimation of Trading Window Closure30 Jun 2026 · Insider Trading / SAST / Closure of Trading Window
Submission of Newspaper Publication of Notice for Special Window for Transfer and Dematerialisation of Physical Securities.19 Jun 2026 · Company Update / Newspaper Publication
Newspaper publication of Audited Financial Results for quarter and year ended 31st March, 202630 May 2026 · Company Update / Newspaper Publication
Audited Financial Results for the quarter and year ended 31.03.2026.29 May 2026 · Result / Financial Results
Reappointment of Internal Auditor29 May 2026 · Company Update / Change in Management
Outcome of Board Meeting29 May 2026 · Board Meeting / Outcome of Board Meeting
Submission of Newspaper Advertisement of Notice for Intimation of Board Meeting.21 May 2026 · Company Update / Newspaper Publication
Bhartiya International Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 29/05/2026 ,inter alia, to consider and approve the Audited Financial ....20 May 2026 · Board Meeting / Board Meeting
Annual Secretarial Compliance Report under Regulation 24A of SEBI (LODR) Regulations, 2025.20 May 2026 · Company Update / Reg.24(A)-Annual Secretarial Compliance
Compliance Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 201810 Apr 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Intimation for Appointment of Senior Management Personnel.6 Apr 2026 · Company Update / Change in Management
Intimation of Trading Window Closure26 Mar 2026 · Insider Trading / SAST / Closure of Trading Window
Revision in Credit Rating21 Feb 2026 · Company Update / Credit Rating
Newspaper publication - Disclosure under Regulation 30 of SEBI (LODR) Regulations, 201516 Feb 2026 · Company Update / Newspaper Publication
Newspaper publication for Unaudited financial results for the quarter and nine months ended 31.12.2025.12 Feb 2026 · Company Update / Newspaper Publication
Unaudited Financial Results11 Feb 2026 · Result / Financial Results
Outcome of Board meeting held today, i.e., Wednesday, 11th February, 2026, which commenced at 12:00 Noon and concluded at 14:50 hour, has, inter alia, considered and approved the Unaudited ....11 Feb 2026 · Board Meeting / Outcome of Board Meeting

Board meetings

13 Aug 2026 Board Meeting - Financial Results