How has been the historical performance of Bhatia Communic.?

Nov 26 2025 10:49 PM IST

Share Via

Bhatia Communic. has shown significant growth in net sales and profitability, with net sales increasing from 168.03 Cr in Mar'20 to 442.72 Cr in Mar'25, and operating profit improving from a loss of -9.06 Cr to a profit of 21.86 Cr during the same period. Overall, the company's financial performance has demonstrated a positive trajectory over the years.

Revenue Growth and Operating Performance

Over the past six years, Bhatia Communic. has seen its net sales rise significantly from ₹165.09 crores in March 2019 to ₹442.72 crores in March 2025. This represents a robust compound growth, with the company more than doubling its top line during this period. The total operating income followed a similar pattern, increasing from ₹180.76 crores in 2019 to ₹442.72 crores in 2025, despite the absence of other operating income in recent years.

Operating profit before depreciation and interest (PBDIT) excluding other income showed a marked improvement, turning positive after a period of losses between 2020 and 2022. From a negative margin in those years, the company achieved an operating profit of ₹19.89 crores in March 2025, reflecting an operating margin of 4.49%. Including other income, operating profit rose to ₹21.86 crores in the latest fiscal year, underscoring improved operational efficiency and income diversification.

Profitability and Margins

Profit before tax has steadily increased from ₹7.12 crores in March 2019 to ₹18.31 crores in March 2025, with the profit after tax rising from ₹5.01 crores to ₹13.82 crores over the same period. The company’s PAT margin has remained relatively stable, fluctuating between 2.16% and 3.21%, and standing at 3.12% in the latest fiscal year. Earnings per share (EPS) also reflect this growth, increasing from ₹4.0 in 2019 to ₹1.1 in 2025, noting the change in face value from ₹10 to ₹1 in recent years.

Despite some volatility in operating profit margins, which dipped into negative territory during 2020 and 2021, the company has recovered well, achieving a positive operating margin of 4.49% in 2025. Gross profit margins have remained fairly consistent, hovering around 4.5% in recent years, indicating stable cost management relative to sales.

Balance Sheet Strength and Asset Management

Bhatia Communic.’s balance sheet reveals a steady increase in shareholder’s funds from ₹38.61 crores in 2020 to ₹88.57 crores in 2025, reflecting accumulated reserves and retained earnings growth. Total reserves have more than doubled from ₹26.10 crores in 2020 to ₹66.85 crores in 2025, signalling strong internal capital generation.

The company has successfully reduced its total debt from ₹21.15 crores in 2024 to ₹8.26 crores in 2025, improving its leverage position. Non-current liabilities have also increased moderately, primarily due to other long-term liabilities rising to ₹20.49 crores in 2025. On the asset side, net block value has grown steadily, reaching ₹12.79 crores in 2025, indicating ongoing investment in fixed assets.

Current assets have expanded significantly, with inventories rising from ₹22.30 crores in 2020 to ₹63.65 crores in 2025, and total current assets increasing to ₹87.79 crores. Net current assets have improved to ₹66.62 crores, supporting the company’s liquidity and operational needs effectively.

Cash Flow Trends

Cash flow from operating activities has shown positive trends, with ₹5 crores generated in 2025, though this is lower than the ₹8 crores recorded in 2023. The company experienced negative net cash inflow of ₹8 crores in 2025, primarily due to cash outflows in investing and financing activities. Investing activities saw an outflow of ₹8 crores, reflecting capital expenditure or asset acquisitions, while financing activities contributed a negative ₹5 crores, possibly due to debt repayments.

Despite these outflows, the company maintains a reasonable cash and bank balance of ₹6.66 crores as of March 2025, down from ₹15.52 crores in the previous year, indicating a cautious but stable liquidity position.

Summary and Outlook

In summary, Bhatia Communic. has exhibited commendable growth in revenue and profitability over the last six years, recovering from earlier operating losses to achieve positive margins and increasing net profits. The company’s balance sheet has strengthened with rising reserves and reduced debt, while asset investments and current assets have expanded to support growth.

Cash flow management remains an area to monitor, given recent negative net cash flows, but the company’s liquidity position remains adequate. Investors should consider these factors alongside market conditions and sector dynamics when evaluating Bhatia Communic.’s future prospects.

Limited Time Only! Subscribe for Rs. 12,999 and get 1 Year of MojoOne + an Additional Year Completely FREE. Don't miss out on this exclusive offer. Claim Your Free Year →

{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)

MOJO SCORE