Fin Cascade

Prices as of 9 Oct 2026 close · Not investment advice

Bharat Seats Limited

NSE: BHARATSEAuto Components & Equipments

Share price

₹210.18

+4.65% close of 9 Oct 2026

Market cap ₹1,366 CrP/E 29.7

Price-based ratios (P/B, dividend yield, EV/EBITDA) are as of 7 Oct 2026, the close above is 9 Oct 2026.

Business score

How strong the business is, in one number. The parts behind it are in Pro.

63

out of 100 · worked out 8 Oct 2026

Your ratios

The numbers you want to see first. Tap Edit to change them.

Market cap

₹1,366 Cr

P/E ratio

29.7

P/B ratio

5.7

ROCE

20.2%

ROE

19.8%

Dividend yield

0.7%

Price & valuation chart

How the share price and its valuation have moved. Hover over the chart to see any day. Prices as of the last close.

Prices as of 9 Oct 2026 close52-week high ₹254.6252-week low ₹135.32

Answers

Simple answers to the questions investors ask most, from the company's own numbers.

How fast it has been growing

Sales grew 48.3% over the past year, and 10.6% a year over its longer record. Meanwhile what it keeps of every 100 rupees of sales improved from 4.1% to 5.0% over the last four years.

Whether it grew faster than its sector

It grew 10.6% a year against a sector median of 10.5% — 0.1 percentage points faster.

Room to re-rate, or risk of de-rating

At 29.7× earnings against a market that pays 24.1× across 2199 companies we can price. Its own industry sits at 55.3×, across 5 companies. It is against its own five-year median of 23.2×, the 85th percentile of its own range.

Whether growth justifies the valuation

Priced at 1.1 times its growth rate, on earnings growth of 26%.

Profit growthPrice per ₹1 profitPer 1% growth
Bharat Seats Limited — this one26%/yr29.7×₹1.1
Bosch Limited14%/yr55.3×₹3.9
Bharat Forge Limited33%/yr86.4×₹2.6
UNO Minda Limited23%/yr52.1×₹2.3
Schaeffler India Limited10%/yr45.4×₹4.5
Sona BLW Precision Forgings Limited18%/yr67.0×₹3.7

Compared with companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

How it compares with its peers

Against companies the exchange files under the same label (Auto Components & Equipments), it ranks 34 of 101 on returns, 49 of 99 on growth, 99 of 101 on margin. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

What makes it hard to beat — and is that still true?

A narrow advantage: it earns 20.2% on capital, ahead of 66% of companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

Whether its growth pays for itself

Yes — Over the last five years it made ₹319 crore of cash from the business, spent ₹265 crore on plant and equipment, and returned ₹41 crore to lenders and shareholders. And the profit is real: of every 100 rupees it reported over 12 years, about 254 arrived as cash — well above the profit, more than depreciation and interest account for, so do not count on it repeating. Its cash comes back faster than it used to: it went from being waiting 2 days for its cash to paid 12 days before it paid its own suppliers.

Profit reality check

Is the profit real cash? Simple checks on the accounts. Facts only, not advice.

8 of 9 checks clear · 89%

Latest result · Q1 FY27

What the last results showed. Whether management kept its word is in Pro.

Announced 4 Aug 2026 · Standalone · Unaudited

Revenue

₹578 Cr

Revenue vs last year

+35.3%

Revenue vs last quarter

+0.7%

Net profit

₹13 Cr

Profit vs last year

+46.8%

Profit vs last quarter

+1.6%

Net margin

2.3%

EPS

₹2.10

Checklist before you investPRO

Points for and against, in one list.

Key numbers & peers

The main numbers grouped by topic, and how the company compares with similar ones.

Price

Market cap
₹1,366 Cr
Prev close
₹210.18
52w High
₹263
52w Low
₹134
Enterprise value
₹1,461 Cr
Beta
1.7
Price CAGR 1y
-5.0%
Price CAGR 3y
49.0%
Price CAGR 5y
38.0%
Price CAGR 10y
24.0%

Ratios

Return on assets
5.7%
PEG ratio
1.1
P/E ratio
29.7
P/B ratio
5.7
EV / EBITDA
13.8
Industry P/E
32.0
ROCE
20.2%
ROCE 5y average
16.2%
ROE
19.8%
Debt / Equity
0.5
Interest coverage
6.8
Dividend yield
0.7%
ROE 3y average
18.0%
ROE last year
20.0%

Annual P&L

Annual revenue
₹1,951 Cr
Annual profit
₹42 Cr
Operating margin
5.0%
Net profit margin
2.2%
EBITDA margin
5.1%
Sales growth 3y
22.9%
Sales growth 5y
28.9%
Profit growth 3y
26.0%
Profit growth 5y
57.0%
EPS
₹6.7
Sales growth TTM
48.0%
Profit growth TTM
34.0%
Dividend payout
22.0%

Quarter P&L

Sales latest quarter
₹578 Cr
Profit latest quarter
₹13 Cr
YoY quarterly sales growth
35.3%
YoY quarterly profit growth
44.4%
OPM latest quarter
4.9%

Balance Sheet

Book Value
₹35.4
Face Value
₹2.0
Total debt
₹110 Cr
Total cash
₹15 Cr
Borrowings
₹110 Cr
Reserves / Equity
16.7

Cash Flow

Operating cash flow
₹107 Cr
Free cash flow
₹59 Cr
FCF yield
3.6%
Net cash flow
₹12 Cr

Shareholding

Promoter holding
74.7%
FII holding
0.1%
DII holding
0.2%
Public holding
25.0%

Peer comparison

CompanyPrice ₹P/EMkt cap ₹ CrDiv yield %Profit qtr ₹ CrProfit var %Sales qtr ₹ CrSales var %ROCE %
Samvardh. Mothe.159.2036.81,67,9220.381,075.781.535,243.816.613.4
Bosch44,410.0055.41,30,9300.61706.15.25,841.922.021.5
Bharat Forge1,841.8089.190,0030.46-89.9-57.74,639.918.712.6
Uno Minda1,104.8052.363,8900.24315.51.85,556.923.819.6
Schaeffler India3,797.0046.059,4550.92336.713.72,681.417.527.9
Sona BLW Precis.810.5065.550,9560.42220.173.41,157.250.815.1
Tube Investments2,388.0074.046,3620.15294.0-15.36,215.317.117.1
Bharat Seats204.5927.11,2810.7313.243.9577.835.320.2
Median462.1030.01,6320.3212.322.3265.521.016.4

Competes with: Bharat Forge Limited, Bosch Limited, Samvardhana Motherson International Limited, Schaeffler India Limited, Sona BLW Precision Forgings Limited, Tube Investments of India Limited, UNO Minda Limited

Quarterly results

Sales and profit for each of the last 13 quarters. Newest on the right. ₹ crore.

Standalone · to 30 Jun 2026
Line itemJun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales253286250278299291306393427459491574578
Expenses241269235261282273288370405436466545550
Material Cost332369381414490498
Change in Inventories0.95-3.661.31-0.320.51-0.60
Purchases of Stock-in-Trade1.530117.478.936.10
Employee Cost141616161718
Other Expenses222527282728
Operating Profit12171517171819232223253028
OPM %4.785.925.866.165.526.086.065.785.084.945.125.174.88
Other Income1111111113-011
Exceptional items (within Other Income)000-1.3700
Interest1222222223222
Depreciation5666667789999
Profit before tax6981191010151213131918
Tax %27252723262626252626262825
Net Profit576877811910101313
EPS in Rs0.741.080.881.291.051.131.211.811.461.581.582.112.10
Diluted EPS in Rs1.811.461.581.582.112.10

Profit & loss

Yearly sales, costs and profit for 12 years, plus the last 12 months (TTM). ₹ crore.

Standalone · to 31 Mar 2026
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales6937008409709045895488181,0511,0671,2891,9512,102
Expenses6616708039058535535217851,0051,0061,2131,8521,996
Material Cost1,0801,654
Change in Inventories-0.61-2.17
Purchases of Stock-in-Trade1.5327
Employee Cost5366
Other Expenses80107
Operating Profit323037655036273246617599106
OPM %4.704.304.407664.903.904.406655
Other Income2211522545444
Exceptional items (within Other Income)0-1.37
Interest654333444891010
Depreciation16171719212218181724263537
Profit before tax1110174431127163034445863
Tax %2927283531-2282527252627
Net Profit87122821135122225334246
EPS in Rs1.291.151.944.493.411.990.771.903.433.995.216.727.37
Diluted EPS in Rs5.216.72
Dividend Payout %353923111513332120202122

Compounded growth

Average yearly growth over different spans, as stored. A span can cross a demerger or an acquisition.

Compounded sales growth

10 years
11%
5 years
29%
3 years
23%
TTM
48%

Compounded profit growth

10 years
19%
5 years
57%
3 years
26%
TTM
34%

Stock price CAGR

10 years
24%
5 years
38%
3 years
49%
1 year
-5%

Return on equity

10 years
17%
5 years
17%
3 years
18%
Last year
20%

Balance sheet

What the company owns and what it owes, at the end of each year. ₹ crore.

Standalone
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital66666666661313
Reserves4047568098107110121140161182217
Borrowings917563252940353966160152110
Other Liabilities12712214017214089140171146179301397
Total Liabilities265250265285273242291337358505648737
Fixed Assets150144146136152150126147199276283356
CWIP3101302230812499012
Investments000000000000
Other Assets11110411913512169135182147181275369
Total Assets265250265285273242291337358505648737

Cash flows

Real money coming in and going out each year — from the business, from investments and from loans. ₹ crore.

Standalone
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity3634386935281916435796107
Cash from Investing Activity-13-6-17-23-24-34-12-15-59-73-68-47
Cash from Financing Activity-23-28-22-44-4-3-7-21716-25-47
Net Cash Flow00027-9-0-10-0312
Free Cash Flow2328224610-670-17-162859

Ratios

How fast customers pay, how long stock sits, and how well capital earns — year by year.

Standalone
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days404341353122554934355649
Inventory Days798121116242812161913
Days Payable566061665957996848598769
Cash Conversion Cycle-8-8-13-19-17-19-209-3-7-13-7
Working Capital Days-35-34-26-13-12-18-132-13-17-20-12
ROCE %13121740281171218151620

Shareholding pattern

Who owns the company — founders (promoters), foreign funds, Indian funds and the public. In %.

Standalone · to 30 Jun 2026
Line itemSep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters757575757575757575757575
FIIs00000000.030.270.060.150.15
DIIs0.110.110.110.110.110.110.110.110.120.210.210.22
Public252525252525252525252525
No. of Shareholders13,12713,41014,89415,12116,67727,01626,43825,96526,89828,46629,71230,200

Price trend

The price as a Renko brick chart: small moves drop out so the bigger path stands out.

Change over 1 year -1.4% (₹213.11 → ₹210.18)Brick size ₹9.89 (fixed)Bricks 43
₹150₹250₹210Nov '25Jan '26Mar '26May '26Jul '26Sep '26
Price moved up one brickPrice moved down one brickLast close ₹210.18 on 9 Oct 2026

Every brick is the same size, about one typical day's move. A new brick needs a full brick's move; turning the other way needs two. Bricks show where the price went, not where it will go.

Open interestPRO

Where option traders are positioned on this stock.

Industry numbers

The numbers that matter most in this industry, from the company's own filings.

1 when an audit qualification is filed as repetitive

0.00flag

2026-03-31

the company's own unlisted debt securities in default at period end

0.00cr

2026-06-30

the company's own loans / revolving facilities in default at period end (standalone filing)

0.00cr

2026-06-30

net debt from the filed balance sheet at the newest year end: Borrowings − Cash Equivalents − Investments (Current); negative = net cash

94.53inr_cr

2026-03-31

guarantees / comfort given for promoter, promoter group, directors and KMP

0.00cr

2026-03-31

loans outstanding to promoter, promoter group, directors and KMP (governance filing)

0.00cr

2026-03-31

security given for the borrowing of promoter, promoter group, directors and KMP

0.00cr

2026-03-31

News

News and filings about Bharat Seats Limited. Open one to see why it matters.

No recent news for this company.

Supply chain

Who it buys from, sells to and competes with — as recorded in our map of company links.

Uses as raw material

  • Fabric / trim / cover material
  • High-strength steel
  • Polypropylene / moulded plastics
  • Polyurethane (PU) foam
  • Rubber / EPDM (body sealing parts)

Depends on the price of

  • steel

Sells to

  • Indian Railways · Railway seating systems
  • Maruti Suzuki India · Complete seating systems + interior components (largest customer; MSIL holds 14.81%)
  • Suzuki Motorcycle India · Two-wheeler seats

Buys from

About

What the company is, from our own records: where it sits, where it makes things, and what it is made of.

Sector
Automobile and Auto Components
Industry
Auto Components & Equipments
Classification
Automobile and Auto Components › Auto Components & Equipments
ISIN
INE415D01024

Plants

  • Bharat Seats Gurgaon Plant
  • Bharat Seats Kharkhauda Plant

News impact

Big market events that reach Bharat Seats Limited, and how the effect spreads.

No recent market events reach this company.

Dividends, splits & big trades

Money paid out, share splits and buybacks, and big buys or sells by funds and insiders.

Dividends

17 Jul 2026unspecified₹1.5
2 Jul 2025unspecified₹1.1

Splits, bonuses & buybacks

  • daily-prices repair: 1 rows from NSE's archive (replace 0, delete 0, insert 1), 2026-02-01..2026-02-01 (docs/flat_day_repair.md)1× · 1 Feb 2026

Bulk & block deals

DateWhoBought / soldSharesPrice
9 Jul 2026HRTI PRIVATE LIMITEDSELL3,39,192₹249.92
9 Jul 2026HRTI PRIVATE LIMITEDBUY3,25,344₹247.54
3 Jul 2026JUNOMONETA FINSOL PRIVATE LIMITEDSELL4,21,255₹244.99
3 Jul 2026JUNOMONETA FINSOL PRIVATE LIMITEDBUY4,20,996₹244.84
2 Jul 2026JUNOMONETA FINSOL PRIVATE LIMITEDSELL13,84,684₹239.92
2 Jul 2026JUNOMONETA FINSOL PRIVATE LIMITEDBUY13,69,092₹239.83
2 Jul 2026MICROCURVES TRADING PRIVATE LIMITEDSELL8,35,668₹239.99
2 Jul 2026MICROCURVES TRADING PRIVATE LIMITEDBUY8,35,668₹239.84
2 Jul 2026QE SECURITIES LLPBUY6,32,495₹239.64
2 Jul 2026QE SECURITIES LLPSELL6,20,386₹239.74

Documents

Annual reports, results presentations and earnings calls, straight from the source.

Facts from company filings and exchange data. Not investment advice: nothing here tells you to buy or sell.