B

Bharat Rasayan Limited

BHARATRAS
Market snapshot · 2026-08-12 15:22 UTC

1,360.30

₹-23.60 (-1.71%)

MARKET CAP

₹2.26K Cr

STOCK P/E

3.9x

52W HIGH

₹3,000.00

52W LOW

₹1,203.00

BOOK VALUE

₹766.94

EPS

₹350.68

ROE

12.12%

SECTOR

Materials

DEBT/EQUITY

0.10

VOLUME

9,821

P/B RATIO

1.77x

PEG RATIO

0.07

Sector

Materials

Themes

Fertilizers & Agro ChemicalsAgro Chemical
D
Dividend
S
Split
₹2,942.00₹2,521.20₹2,100.40₹1,679.60₹1,258.80VolumeDSAug '25Sep '25Nov '25Jan '26Mar '26Apr '26Jun '26Aug '26

AI Summary

✦ Clartha

Valuation Metrics

Trading 43.0% below historical median. Valuation is stable — currently in the strongly undervalued zone (z-score: -1.92). Confidence: 78%.

Live forward EPS implies next-12-month EPS of ₹334.40. Applying the stock's normalized valuation corridor produces a fair range of ₹2,116.75 to ₹2,497.97, with base value near ₹2,270.58 (+67.3% vs current price).

Forward Valuation Outlook

Live forward estimate anchored to the company's historical valuation corridor.

Below normalized range

Forward EPS

₹334.40

Forward P/E

4.1x

Base Fair Value

₹2,270.58

Fair Range

₹2,116.75 - ₹2,497.97

Upside To Base

+67.3%

Estimate Source

Live forward EPS

Growth Estimate

+51.8%

P/E
Strongly Undervalued

5Y Average

7.00

Current

3.87

Overvalued

7.47

Undervalued

6.33

EV/EBITDA
Strongly Undervalued

5Y Average

18.43

Current

10.19

Overvalued

20.99

Undervalued

16.92

P/B
Strongly Undervalued

5Y Average

2.82

Current

1.77

Overvalued

3.25

Undervalued

2.40

Peers & Comparison

Sector: Materials · Theme: Fertilizers & Agro Chemicals

Fertilizers & Agro Chemicals Peers6 peers
Avg P/E: 23.7x
CompanyRev. GrowthMarginP/Evs Avg52W Perf.
GUJ STATE FERT & CHEM LTD
GSFCFertilizers & Agro Chemicals
+37.0%6.1%
9.5x
Undervalued
-60% vs avg
-20.9%
SHARDA CROPCHEM LTD.
SHARDACROPFertilizers & Agro Chemicals
+4.9%11.9%
11.6x
Undervalued
-51% vs avg
-18.5%
BALAJI AMINES LIMITED
BALAMINESFertilizers & Agro Chemicals
+27.2%13.4%
33.0x
Premium
+39% vs avg
+36.1%
GUJ NAR VAL FER & CHEM L
GNFCFertilizers & Agro Chemicals
+39.8%12.3%
7.8x
Undervalued
-67% vs avg
+8.3%
MADHYA BHARAT AGRO P. LTD
MBAPLFertilizers & Agro Chemicals
+1.6%8.2%
48.3x
Premium
+104% vs avg
+96.8%
KRISHANA PHOSCHEM LIMITED
KRISHANAFertilizers & Agro Chemicals
+34.6%7.7%
31.9x
Premium
+35% vs avg
+73.0%
WHY THESE PEERS

BHARAT RASAYAN LTD trades at a discount (3.9x vs peer avg 23.7x), suggesting potential undervaluation relative to the Fertilizers & Agro Chemicals cohort. Peers include GUJ STATE FERT & CHEM LTD, SHARDA CROPCHEM LTD., BALAJI AMINES LIMITED — selected based on business model, industry classification, market cap similarity, and business theme alignment.

Financials

Real statement data for revenue, earnings quality, conversion, and balance-sheet coverage. Monetary values are shown in Rs crore.

Latest revenue

₹308 CrMar 2026

Latest net profit

₹39 CrMar 2026

Latest EPS

₹23.54Mar 2026

Net margin

16.0%Mar 2026

Performance

Bars show revenue and net profit. The line shows net margin.

Rs crore + margin %
Q4 '25Q1 '26Q2 '26Q3 '26Q4 '260.0%5.0%10.0%15.0%20.0%0.00 Cr95 Cr190 Cr285 Cr380 Cr
  • Revenue
  • Net income
  • Net margin %

Earnings

Revenue is shown in crores. EPS is rupees per share.

Rs crore + Rs/share
Q4 '25Q1 '26Q2 '26Q3 '26Q4 '260.00 Cr95 Cr190 Cr285 Cr380 Cr₹0₹7₹14₹21₹28
  • Revenue
  • EPS

Revenue to profit conversion

Bridge from operating numbers to profit for the latest reported period.

Rs crore
RevenueExpensesDepreciationOtheradjustmentsOperatingprofitOther incomeInterestOtheradjustmentsProfitbefore taxTax & otherNet Profit0.00 Cr80 Cr160 Cr240 Cr320 Cr

Latest reported period: Mar 2026

Debt level and coverage

Debt, cash and free cash flow compared on the same crore scale.

Rs crore
Annual view
Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026-500 Cr0.00 Cr500 Cr1.00K Cr1.50K Cr
  • Debt
  • Free cash flow
  • Cash & equivalents

Results

MetricMar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Sales +306239263233310282328256307377286270308
Expenses +247234248205240244273215266304253228258
Operating Profit5961528693855424073334350
OPM %19%2.3%6%12%22%14%17%16%13%19%12%16%16%
Other Income +-3244116776-891110
Interest1011111111111
Depreciation6667666776677
Profit before tax4811224733754413858354652
Tax %32%46%34%27%23%27%25%27%25%25%24%26%25%
Net Profit +331817562740302844263439
EPS in Rs19.640.444.6310.4133.6816.1424.1917.8917.1426.3015.7620.4523.54
Raw PDF

All values in ₹ Crores unless otherwise stated. Source: Screener Master (Standalone).

Shareholding Pattern

HolderMar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Promoters74.99%74.99%74.99%74.99%74.99%
FII0.49%0.56%0.46%0.43%0.54%
DII2.75%2.74%2.75%2.52%2.14%
Public11.23%11.16%11.30%10.61%10.84%
Others10.54%10.55%10.50%11.45%11.49%
Mar 2026
Promoters
FII
DII
Public
Others

Events Timeline

Board Meeting Intimation for Results & Closure of Trading Window

Jul 30, 2026PDFCompany Reports Open

Closure of Trading Window

Jun 24, 2026PDFCompany Reports Open

Board Meeting Intimation for Results & Closure of Trading Window

May 09, 2026PDFCompany Reports Open

Closure of Trading Window

Mar 23, 2026LinkCompany Reports Open

Standalone & Consolidated Financial Results, Limited Review Report for December 31, 2025

Feb 13, 2026PDFCompany Reports Open