BSE:526666

Stock Analysis Report

Executive Summary

Bhartiya International Limited manufactures and sells leather products, textile apparels, and accessories in India.


Snowflake Analysis

Average dividend payer and fair value.


Similar Companies

Share Price & News

How has Bhartiya International's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 526666's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-19.2%

526666

-0.5%

IN Luxury

-1.5%

IN Market


1 Year Return

-35.7%

526666

18.2%

IN Luxury

10.7%

IN Market

Return vs Industry: 526666 underperformed the Indian Luxury industry which returned 18.2% over the past year.

Return vs Market: 526666 underperformed the Indian Market which returned 10.7% over the past year.


Shareholder returns

526666IndustryMarket
7 Day-19.2%-0.5%-1.5%
30 Day-25.4%3.0%-2.7%
90 Day-21.3%9.2%1.3%
1 Year-35.3%-35.7%19.0%18.2%12.7%10.7%
3 Year-70.9%-71.2%52.2%48.8%22.0%15.1%
5 Year-67.4%-67.9%106.9%100.1%34.5%22.0%

Price Volatility Vs. Market

How volatile is Bhartiya International's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Bhartiya International undervalued compared to its fair value and its price relative to the market?

9.29x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 526666 (₹133.35) is trading above our estimate of fair value (₹13.72)

Significantly Below Fair Value: 526666 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 526666 is good value based on its PE Ratio (9.3x) compared to the Luxury industry average (11.2x).

PE vs Market: 526666 is good value based on its PE Ratio (9.3x) compared to the Indian market (13.1x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 526666's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 526666 is good value based on its PB Ratio (0.4x) compared to the IN Luxury industry average (0.5x).


Next Steps

Future Growth

How is Bhartiya International forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

19.9%

Forecasted Consumer Durables industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Bhartiya International has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Bhartiya International performed over the past 5 years?

-3.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 526666 has high quality earnings.

Growing Profit Margin: 526666's current net profit margins (2.3%) are lower than last year (2.6%).


Past Earnings Growth Analysis

Earnings Trend: 526666's earnings have declined by -3.6% per year over the past 5 years.

Accelerating Growth: 526666's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 526666 had negative earnings growth (-8.9%) over the past year, making it difficult to compare to the Luxury industry average (5.6%).


Return on Equity

High ROE: 526666's Return on Equity (4.3%) is considered low.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Bhartiya International's financial position?


Financial Position Analysis

Short Term Liabilities: 526666's short term assets (₹7.1B) exceed its short term liabilities (₹5.1B).

Long Term Liabilities: 526666's short term assets (₹7.1B) exceed its long term liabilities (₹714.6M).


Debt to Equity History and Analysis

Debt Level: 526666's debt to equity ratio (101.7%) is considered high.

Reducing Debt: 526666's debt to equity ratio has reduced from 112.9% to 101.7% over the past 5 years.

Debt Coverage: 526666's debt is not well covered by operating cash flow (1.9%).

Interest Coverage: 526666's interest payments on its debt are not well covered by EBIT (2.1x coverage).


Balance Sheet

Inventory Level: 526666 has a high level of physical assets or inventory.

Debt Coverage by Assets: 526666's debt is covered by short term assets (assets are 1.7x debt).


Next Steps

Dividend

What is Bhartiya International's current dividend yield, its reliability and sustainability?

0.90%

Current Dividend Yield


Dividend Yield vs Market

company0.9%marketbottom25%0.6%markettop25%2.6%industryaverage0.6%forecastin3Yearsn/a

Current dividend yield vs market & industry

Notable Dividend: 526666's dividend (0.9%) is higher than the bottom 25% of dividend payers in the Indian market (0.6%).

High Dividend: 526666's dividend (0.9%) is low compared to the top 25% of dividend payers in the Indian market (2.58%).


Stability and Growth of Payments

Stable Dividend: 526666's dividends per share have been stable in the past 10 years.

Growing Dividend: 526666's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (8.4%), 526666's dividend payments are thoroughly covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

6.0yrs

Average management tenure


CEO

Snehdeep Aggarwal (63yo)

10.8yrs

Tenure

₹1,839,600

Compensation

Mr. Snehdeep Aggarwal is the Founder of BHARTIYA Urban Infrastructure And Land Development CO.PRIVATE Limited, Bhartiya Global Marketing Ltd and Bhartiya International Limited. Mr. Aggarwal has been Managi ...


CEO Compensation Analysis

Compensation vs Market: Snehdeep's total compensation ($USD25.71K) is below average for companies of similar size in the Indian market ($USD50.34K).

Compensation vs Earnings: Snehdeep's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Snehdeep Aggarwal
Founder10.8yrs₹1.84m11.34% 185.6m
Raj Chawla
Chief Financial Officer1yrs₹4.97mno data
Manoj Khattar
Whole-Time Director1.5yrs₹6.61m0.16% 2.7m
Shilpa Budhia
Compliance Officer & Company Secretary6.2yrsno datano data
Govindan Raghavan
Chief Executive Officer of Bhartiya City Developers Private Limited6yrsno datano data
Errol Martin
Chief Executive Officer of Fashion Business1.8yrsno datano data
Amrishpal P. Narag
MD of J&J Leather Enterprises Ltd. and Director of Bhartiya International Sez Ltd.0yrsno datano data
Shailesh Pathak
Executive Director0yrsno datano data

6.0yrs

Average Tenure

58yo

Average Age

Experienced Management: 526666's management team is seasoned and experienced (6 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Snehdeep Aggarwal
Founder10.8yrs₹1.84m11.34% 185.6m
Manoj Khattar
Whole-Time Director1.5yrs₹6.61m0.16% 2.7m
Amrishpal P. Narag
MD of J&J Leather Enterprises Ltd. and Director of Bhartiya International Sez Ltd.0yrsno datano data
Robert Moore
Non-Executive Non-Independent Director1.8yrs₹9.00mno data
Sandeep Seth
Non-Executive Independent Director18yrs₹30.00kno data
Ananthakrishna Sahasranaman
Non-Executive Independent Director11.7yrs₹8.33kno data
Ramesh Bhatia
Non-Executive Non-Independent Director32.4yrs₹2.78k2.79% 45.6m
Shashank Mohan
Non-Executive Independent Director12.6yrs₹27.22kno data
Charanjit Handa
Non-Executive Independent Director15.8yrs₹22.78kno data
Nikhil Aggarwal
Non-Executive Non-Independent Director12.3yrsno data0.16% 2.7m

12.3yrs

Average Tenure

69yo

Average Age

Experienced Board: 526666's board of directors are seasoned and experienced ( 12.3 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Bhartiya International Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Bhartiya International Limited
  • Ticker: 526666
  • Exchange: BSE
  • Founded: 1987
  • Industry: Apparel, Accessories and Luxury Goods
  • Sector: Consumer Durables
  • Market Cap: ₹1.636b
  • Shares outstanding: 12.20m
  • Website: https://www.bhartiya.com

Location

  • Bhartiya International Limited
  • 38, Sector 44
  • Gurugram
  • Haryana
  • 122002
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
526666BSE (Mumbai Stock Exchange)YesEquity SharesININRJan 2000
BILNSEI (National Stock Exchange of India)YesEquity SharesININRJan 2000

Biography

Bhartiya International Limited manufactures and sells leather products, textile apparels, and accessories in India. It offers leather outerwear, bags, belts, wallets, and other small leather goods. The company also exports its products. Bhartiya International Limited was founded in 1987 and is based in Gurugram, India. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/19 12:45
End of Day Share Price2020/02/19 00:00
Earnings2019/12/31
Annual Earnings2019/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.