Bharat Gears

Why is Bharat Gears Ltd falling/rising?

As of 09-Aug, Bharat Gears Ltd's stock price is at 106.45, down 1.21% and has declined for six consecutive days, totaling a 16.05% drop. The stock has underperformed the market significantly, with a notable decrease in investor interest.

As of 09-Aug, Bharat Gears Ltd's stock price is falling, currently at 106.45, reflecting a decrease of 1.3 (-1.21%). The stock has been on a downward trend, having lost value for the last six consecutive days, resulting in a total decline of 16.05% during this period. Today, it opened with a loss of 2.27% and reached an intraday low of Rs 105.05, which is a decrease of 2.51%.<BR><BR>In comparison to the broader market, Bharat Gears has underperformed significantly, with a one-week decline of 15.31% while the Sensex has gained 0.52%. Over the past month, the stock has decreased by 15.98%, again contrasting with the Sensex's modest gain of 0.41%. The stock is also trading below its moving averages across various time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, indicating a bearish trend.<BR><BR>Additionally, there has been a notable drop in investor participation, with delivery volume falling by 39.62% compared to the 5-day average, suggesting reduced interest in the stock. While the auto ancillary sector has seen an increase of 2.54%, Bharat Gears' performance remains weak, contributing to the overall decline in its stock price.

Which are the latest news on Bharat Gears?

Are Bharat Gears Ltd latest results good or bad?

Bharat Gears Ltd's latest Q1 FY27 results are disappointing, with a net profit decline of 90.91% to ₹0.15 crores despite a 19.94% revenue growth to ₹215.65 crores. The operating margin has also fallen to 3.77%, indicating significant cost pressures and operational challenges.

Bharat Gears Ltd's latest results for Q1 FY27 present a mixed picture, but overall, they can be considered disappointing. The company reported a net profit of just ₹0.15 crores, which is a staggering 90.91% decline year-on-year. This sharp drop in profitability is concerning, especially given that the company achieved a revenue growth of 19.94%, reaching net sales of ₹215.65 crores, marking its highest-ever quarterly revenue.<BR><BR>However, the significant revenue growth has not translated into improved profitability. The operating margin has fallen to 3.77%, the lowest level in recent quarters, down from 5.47% in the same quarter last year. This margin compression indicates that the company is facing considerable cost pressures, which have impacted its ability to maintain profitability despite higher sales.<BR><BR>Additionally, the stock price reacted negatively to the results, declining by 4.99% to ₹116.20, reflecting investor disappointment. The overall financial performance suggests that while demand for Bharat Gears' products remains strong, operational challenges and inefficiencies are hindering its ability to convert revenue growth into profit. Therefore, the latest results can be characterized as bad, primarily due to the drastic decline in net profit and the concerning margin pressures.

Should I buy, sell or hold Bharat Gears Ltd?

How big is Bharat Gears?

As of 10th June, Bharat Gears Ltd has a market capitalization of 175.00 Cr, with recent net sales of 784.18 Cr and a net profit of 16.51 Cr.

As of 10th June, Bharat Gears Ltd has a market capitalization of 175.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest 4 quarters, Bharat Gears reported Net Sales of 784.18 Cr and a Net Profit of 16.51 Cr.<BR><BR>The latest annual period for the balance sheet is March 2025, with Shareholder's Funds amounting to 112.89 Cr and Total Assets of 354.06 Cr.

Who are in the management team of Bharat Gears?

The management team of Bharat Gears includes Surinder P Kanwar (Chairman), Sameer Kanwar (Executive Director), and several independent and non-executive directors, along with Prashant Khattry as Company Secretary. They are responsible for the company's governance and strategic direction.

The management team of Bharat Gears includes the following members:<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 plays a crucial role in the governance and strategic direction of the company.

Who are the peers of the Bharat Gears?

Bharat Gears' peers include Shivam Autotech, Ucal, Him Teknoforg., Simm. Marshall, Machino Plastics, IP Rings, LGB Forge, Pritika Engineer, Sintercom India, and AVATAR Industrie. Bharat Gears has the highest 1-year return at 20.61%, while Shivam Autotech has the lowest at -48.95%.

Peers: The peers of Bharat Gears are Shivam Autotech, Ucal, Him Teknoforg., Simm. Marshall, Machino Plastics, IP Rings, LGB Forge, Pritika Engineer, Sintercom India, and AVATAR Industrie.<BR><BR>Quality Snapshot: Below Average management risk is observed at Shivam Autotech, Ucal, Him Teknoforg., Machino Plastics, IP Rings, LGB Forge, and AVATAR Industrie, while Average management risk is found at Bharat Gears. Growth is rated as Good for Machino Plastics, Pritika Engineer, and Sintercom India, while Below Average growth is noted for Shivam Autotech, Ucal, Him Teknoforg., Bharat Gears, and the rest. Capital Structure is rated Below Average across all peers except for Bharat Gears, which also has a Below Average rating.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Bharat Gears at 20.61%, while the peer with the lowest is Shivam Autotech at -48.95%. Bharat Gears' 1-year return is significantly higher than that of its peers. Additionally, LGB Forge and AVATAR Industrie have negative six-month returns.

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 175 Cr and reported net sales of 210 Cr and net profit of 5 Cr for the quarter ending March 2026. Key financial metrics include a P/E ratio of 10.00 and a return on equity of 13.54%.

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.<BR><BR>History:<BR>Bharat Gears Ltd was incorporated in 1971 and has maintained its status as a key player in the automotive gear manufacturing sector. The latest quarterly results reported net sales and net profit for the period ending March 2026.<BR><BR>Financial Snapshot:<BR>Net Sales: 210 Cr (Quarterly Results - Mar 2026) <BR>Net Profit: 5 Cr (Quarterly Results - Mar 2026) <BR>Market-cap: INR 175 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: 10.00 <BR>Industry P/E: 36 <BR>Dividend Yield: 0.00% <BR>Debt Equity: 0.54 <BR>Return on Equity: 13.54% <BR>Price to Book: 1.41 <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

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.

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.

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.

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.

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.