Bharat Gears

how big is Bharat Gears?

As of March 2024, Bharat Gears Ltd has a market capitalization of 136.66 Cr, with net sales of 647.53 Cr and a net profit of 3.19 Cr over the latest four quarters. Shareholder's funds are 110.60 Cr, and total assets amount to 374.69 Cr.

Market Cap: Bharat Gears Ltd has a market capitalization of 136.66 Cr, categorizing it as a Micro Cap company.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest 4 quarters, which is Standalone data, amounts to 647.53 Cr. The sum of Net Profit for the same period is 3.19 Cr.<BR><BR>Balance Sheet Snapshot: This is Standalone data for the latest annual period ending in March 2024. Shareholder's Funds are reported at 110.60 Cr, while Total Assets stand at 374.69 Cr.

What is the bonus history of the Bharat Gears?

Bharat Gears announced a 1:2 bonus issue, with an ex-date of September 27, 2022, and a record date of September 28, 2022, granting shareholders one additional share for every two shares held.

Bharat Gears has a recent bonus history where they announced a 1:2 bonus issue. The ex-date for this bonus was September 27, 2022, and the record date was September 28, 2022. This means that for every two shares held, shareholders received one additional share as a bonus. If you have any more questions about Bharat Gears or need further details, feel free to ask!

Has Bharat Gears declared dividend?

Bharat Gears Ltd has declared a 10% dividend, amounting to ₹1 per share, but the dividend yield is currently 0%. Total returns have varied significantly, with negative returns in the short term and a substantial 195.87% return over the past five years.

Bharat Gears Ltd has declared a 10% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 10%<BR>- Amount per share: 1<BR>- Ex-date: 29 Jul 19<BR><BR>Dividend Yield: 0%<BR><BR>Total Returns by Period:<BR>In the 6-month period, the price return was -17.83%, the dividend return was 0%, resulting in a total return of -17.83%.<BR><BR>For the 1-year period, the price return was -17.65%, the dividend return was 0%, leading to a total return of -17.65%.<BR><BR>Over the 2-year period, the price return was -28.3%, with a dividend return of 0%, culminating in a total return of -28.3%.<BR><BR>In the 3-year period, the price return was -1.19%, the dividend return was 0%, which resulted in a total return of -1.19%.<BR><BR>For the 4-year period, the price return was 23.61%, with a dividend return of 0%, giving a total return of 23.61%.<BR><BR>In the 5-year period, the price return was 195.87%, the dividend return was 0%, resulting in a total return of 195.87%.<BR><BR>Overall, Bharat Gears has declared a dividend, but the dividend yield is currently 0%. The total returns over various periods show significant fluctuations, with negative returns in the shorter terms and substantial positive returns over the longer term, particularly in the 5-year period.

Who are the peers of the Bharat Gears?

Bharat Gears' peers include Samvardh. Mothe., Bosch, Schaeffler India, Bharat Forge, and others. Bharat Gears has below-average management and growth risks, with a 1-year return of -16.92%, better than Vishal Bearings but worse than SAL Automotive's 2.75%.

Peers: The peers of Bharat Gears are Samvardh. Mothe., Bosch, Schaeffler India, Bharat Forge, Tube Investments, SAL Automotive, Akar Auto Indust, New Swan, Bhagwati Auto, and Vishal Bearings.<BR><BR>Quality Snapshot: Excellent management risk is observed at Schaeffler India, Tube Investments, and Bosch, while Good management risk is found at Bharat Forge, New Swan, and the rest. Average management risk is seen at Samvardh. Mothe., SAL Automotive, Akar Auto Indust, and Bhagwati Auto, while Below Average management risk is attributed to Bharat Gears. In terms of Growth, Excellent growth is noted at Schaeffler India, Tube Investments, and SAL Automotive, while Good growth is seen at Bharat Forge and the rest. Below Average growth is characteristic of Bharat Gears, Akar Auto Indust, New Swan, and Bhagwati Auto. For Capital Structure, Excellent capital structure is found at Bosch and Schaeffler India, while Good capital structure is noted at Tube Investments, and the rest have Below Average capital structure.<BR><BR>Return Snapshot: The peer with the highest 1-year return is SAL Automotive at 2.75%, while the peer with the lowest is Vishal Bearings at -34.49%. Bharat Gears has a 1-year return of -16.92%, which is higher than Vishal Bearings but lower than SAL Automotive. Additionally, the six-month return is negative for Samvardh. Mothe., Bosch, Bharat Forge, Tube Investments, SAL Automotive, New Swan, Bhagwati Auto, and Vishal Bearings.

Who are in the management team of Bharat Gears?

As of March 2023, the management team of Bharat Gears includes Surinder P Kanwar (Chairman), Sameer Kanwar (Joint Managing Director), and several independent and non-executive directors, along with Prashant Khattry as Company Secretary. They oversee the company's operations and strategic direction.

As of March 2023, the management team of Bharat Gears includes the following individuals:<BR><BR>1. Surinder P Kanwar - Chairman / Executive Director<BR>2. Sameer Kanwar - Executive Director / Joint Managing Director / Promoter<BR>3. W R Schilha - Independent Non-Executive Director<BR>4. V K Pargal - Independent Non-Executive Director<BR>5. N V Srinivasan - Non-Executive & Non-Independent Director<BR>6. Rakesh Chopra - Independent Non-Executive Director<BR>7. Hiroo S Advani - Independent Non-Executive Director<BR>8. RAMAN NANDA - Independent Non-Executive Director<BR>9. Prashant Khattry - Company Secretary & Compliance Officer<BR><BR>This team is responsible for overseeing the operations and strategic direction of the company.

What does Bharat Gears do?

Bharat Gears Ltd is a global supplier of automotive gears and heat treatment furnaces, incorporated in 1971, with a market cap of INR 147 Cr and reported net sales of 1,749 Cr and net profit of 17 Cr for the quarter ending March 2025. The company operates in the Auto Components & Equipments industry.

Overview: <BR>Bharat Gears Ltd is a major global supplier of automotive gears and heat treatment furnaces, operating in the Auto Components & Equipments industry within the Micro Cap market segment.<BR><BR>History: <BR>Bharat Gears Ltd was incorporated in 1971 and has since been involved in the manufacturing of automotive gears. The latest quarterly results reported net sales and net profit for the period ending March 2025.<BR><BR>Financial Snapshot: <BR>Net Sales: 1,749 Cr (Quarterly Results - Mar 2025) <BR>Net Profit: 17 Cr (Quarterly Results - Mar 2025) <BR>Market Cap: INR 147 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: N/A <BR>Industry P/E: 39 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 0.46 <BR>Return on Equity: -10.22% <BR>Price to Book: 1.30<BR><BR>Contact Details: <BR>Address: 22 Camac Street Block C, 3rd Floor, Kolkata, West Bengal: 700016 <BR>Tel: 91-129-4288600 <BR>Email: info@bgindia.com <BR>Website: http://www.bharatgears.com

Who are the top shareholders of the Bharat Gears?

The top shareholders of Bharat Gears include promoter Surinder Paul Kanwar with a 37.0% stake, individual investors with 36.92%, and two foreign institutional investors holding a combined 1.26%. The largest public shareholder is Acadian Emerging Markets Micro-cap Equity Master Fund at 1.23%, with no pledged promoter holdings reported.

The top shareholders of Bharat Gears include the promoters, with Surinder Paul Kanwar holding the highest stake at 37.0%. Individual investors collectively hold 36.92% of the shares. Additionally, there are two foreign institutional investors (FIIs) that hold a combined 1.26%. The highest public shareholder is Acadian Emerging Markets Micro-cap Equity Master Fund, which holds 1.23%. Notably, there are no pledged promoter holdings reported.

How has been the historical performance of Bharat Gears?

Bharat Gears has shown fluctuating historical performance, with net sales declining from INR 766.36 crore in Mar'23 to INR 647.53 crore in Mar'25, while operating profit dropped significantly and profit before tax fluctuated, though cash flow from operations improved. Overall, the company experienced mixed results in sales, profits, and cash flow over the years.

Answer:<BR>The historical performance of Bharat Gears shows a fluctuating trend in key financial metrics over the years.<BR><BR>Breakdown:<BR>Bharat Gears experienced a decline in net sales from INR 766.36 crore in Mar'23 to INR 647.53 crore in Mar'25, with a peak in Mar'23. Total operating income followed a similar trend, decreasing from INR 766.36 crore in Mar'23 to INR 647.53 crore in Mar'25. The raw material cost increased from INR 288.40 crore in Mar'19 to INR 354.48 crore in Mar'25, while total expenditure (excluding depreciation) also rose from INR 535.97 crore in Mar'19 to INR 622.24 crore in Mar'25. Operating profit (PBDIT) saw a significant drop from INR 69.29 crore in Mar'22 to INR 27.80 crore in Mar'25, reflecting a declining operating profit margin, which decreased from 9.02% in Mar'22 to 3.91% in Mar'25. Profit before tax fluctuated, with a loss of INR 12.88 crore in Mar'24 turning into a profit of INR 3.93 crore in Mar'25. Profit after tax also improved from a loss of INR 9.74 crore in Mar'24 to a profit of INR 3.19 crore in Mar'25. The company's total liabilities decreased from INR 400.36 crore in Mar'23 to INR 354.06 crore in Mar'25, while total assets also declined from INR 400.36 crore in Mar'23 to INR 354.06 crore in Mar'25. Cash flow from operating activities showed a positive trend, increasing from INR 30 crore in Mar'22 to INR 48 crore in Mar'25, despite a net cash outflow of INR 4 crore in Mar'24. Overall, Bharat Gears has shown a mixed performance with fluctuations in sales, profits, and cash flow over the years.

Is Bharat Gears overvalued or undervalued?

As of November 20, 2025, Bharat Gears is considered overvalued with a high PE ratio of 582.96, low profitability metrics, and an attractive valuation grade despite a positive year-to-date return of 10.83%.

As of 20 November 2025, Bharat Gears has moved from a fair to an attractive valuation grade. The company is currently considered overvalued, primarily due to its exceptionally high PE ratio of 582.96, which stands in stark contrast to its peers. For instance, Samvardh. Mothe. has a PE ratio of 34.91, while Bosch's PE ratio is 48.12, both indicating a significant premium for Bharat Gears that may not be justified by its performance metrics.<BR><BR>In addition to the high PE ratio, Bharat Gears exhibits an EV to EBITDA of 6.36 and a PEG ratio of 5.67, which further underscore its overvaluation compared to peers like TVS Holdings, which has an EV to EBITDA of 7.37 and a PEG ratio of 0.39. The company's return on capital employed (ROCE) is 7.23%, and its return on equity (ROE) is a mere 0.24%, suggesting that the high valuation does not correlate with strong profitability. Despite a positive year-to-date return of 10.83%, the overall valuation metrics indicate that Bharat Gears is overvalued in the current market landscape.

When is the next results date for Bharat Gears Ltd?

The next results date for Bharat Gears Ltd is 10 February 2026.

The next results date for Bharat Gears Ltd is scheduled for 10 February 2026.

Are Bharat Gears Ltd latest results good or bad?

Bharat Gears Ltd's latest results show strong revenue and profit growth, with a net profit increase of 97.28% quarter-on-quarter and a record quarterly revenue of ₹210.29 crore. However, concerns about declining operating margins and high debt levels suggest that while the results are positive, the sustainability of this growth needs careful monitoring.

Bharat Gears Ltd's latest results present a mixed picture, highlighting both strong growth and ongoing challenges. <BR><BR>On the positive side, the company reported a net profit of ₹5.07 crore for Q4 FY26, which is a remarkable increase of 97.28% quarter-on-quarter and 196.49% year-on-year. Additionally, revenue reached ₹210.29 crore, reflecting an 11.06% increase from the previous quarter and a 20.26% rise compared to the same quarter last year. This marks the highest quarterly revenue in the company's history, indicating a significant operational turnaround.<BR><BR>However, there are concerns regarding profitability metrics. The operating margin, while slightly improved sequentially to 6.38%, has contracted year-on-year from 7.20%. This suggests that while revenue is growing, the company is facing pressure on its margins, which have been below historical averages. <BR><BR>Furthermore, although the return on equity has improved to 10.78%, the overall financial health is still under scrutiny due to the company's elevated debt levels and the absence of dividends since 2019. <BR><BR>In summary, while Bharat Gears has demonstrated impressive revenue and profit growth, the ongoing margin pressures and financial concerns warrant careful monitoring. Investors may view the results as a positive step in the right direction, but the sustainability of this growth remains a key issue.

Should I buy, sell or hold Bharat Gears Ltd?

Why is Bharat Gears Ltd falling/rising?

As of 03-Jun, Bharat Gears Ltd's stock price is rising to 114.55, reflecting a 1.33% increase. The stock has gained 2.07% over the last two days and 6.98% over the past month, significantly outperforming the Sensex.

As of 03-Jun, Bharat Gears Ltd's stock price is rising, currently at 114.55, with a change of 1.5 (1.33%) increase. This upward movement can be attributed to the stock gaining for the last two consecutive days, resulting in a total return of 2.07% during this period. Additionally, the stock has performed well over the past month, showing a gain of 6.98%, which contrasts positively with the Sensex's decline of 3.34% in the same timeframe.<BR><BR>Despite a recent drop in investor participation, with delivery volume falling by 48.22% against the 5-day average, the stock remains above its 20-day, 50-day, 100-day, and 200-day moving averages, indicating a generally positive trend. Furthermore, the year-to-date performance shows a gain of 3.48%, while the stock has significantly outperformed the Sensex over the past year, with a 29.57% increase compared to the Sensex's decline of 7.92%. These factors collectively contribute to the stock's rising price.

Which are the latest news on Bharat Gears?