NSE: BHARATSE · BSE: 523229 · ISIN INE415D01024
Bharat Seats Limited stock analysis
Bharat Seats Limited ranks #921 in the TickerSutra evidence-ranked universe with a score of 58/100 and 95% data confidence. The latest captured fundamentals show ROCE of 20.2%, quarterly sales growth of 35.3% and quarterly profit growth of 43.9%.Monitor only
INVESTMENT EVIDENCE
What supports—and challenges—the thesis
Evidence in favour
- ROCE is 20.2%
- Strong CFO/EBITDA of 1.08×
- 22.9% three-year sales CAGR
- CWIP indicates an active capacity pipeline
- No promoter shares are reported as pledged
Risks and constraints
- No calculated threshold risk in the current snapshot.
Still unresolved: Related-party exposure · Broad media sentiment
FINANCIAL TRAJECTORY
Recent operating history
| Period | Revenue | Operating profit | Net profit | Operating margin |
|---|---|---|---|---|
| 2022 | ₹818cr | ₹32cr | ₹12cr | 3.9% |
| 2023 | ₹1,051cr | ₹46cr | ₹22cr | 4.4% |
| 2024 | ₹1,067cr | ₹61cr | ₹25cr | 6.0% |
| 2025 | ₹1,289cr | ₹75cr | ₹33cr | 6.0% |
| 2026 | ₹1,951cr | ₹99cr | ₹42cr | 5.0% |
| TTM | ₹2,102cr | ₹106cr | ₹46cr | 5.0% |
EXCHANGE EVENT TRIGGERS
Latest corporate disclosures
Bharat Seats Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015
Positive CatalystBharat Seats Ltd-$ - 523229 - Announcement under Regulation 30 (LODR)-Credit RatingBSE · 25 Sept 2026as per attachment.
RoutineBharat Seats Ltd-$ - 523229 - Announcement under Regulation 30 (LODR)-Newspaper PublicationBSE · 23 Sept 2026as per attachment.
RoutineCopy of Newspaper PublicationNSE · 23 Sept 2026Bharat Seats Limited has informed the Exchange about Copy of Newspaper Publication of notice for opening of special window for Transfer and Dematerialisation of Physical Securities.
RoutineCopy of Newspaper PublicationNSE · 9 Sept 2026Bharat Seats Limited has informed the Exchange about Copy of Newspaper Publication
MANAGEMENT COMMENTARY
Signals from filed documents
RISK AND CONCERNS The Company is exposed to external and internal risks associated with the business. BUSINESS RISK The automotive industry faces significant business risks including supply chain disruptions, labour shortages, regulatory challenges, emissions targets, political instability, economic uncertainty and technological and market shifts. FINANCIAL RISK There are several financial risks, including slow sales
However, considering the Company’s consistent track record of generating positive cash flows from operations, its profit after tax of Rs. 3,270.03 lakhs) and the availability of undrawn credit facilities, the management is confident that the Company will be able to meet its obligations as and when they fall due. Accordingly, these financial statements have been prepared on a going concern basis.
Remuneration policy The Committee’s constitution and terms of reference are in compliance with the provisions of section 178 of the Companies Act and Part D of Schedule II of SEBI (LODR), Regulations, 2015 besides other terms as may be referred by the Board of Directors. The policy is available on the website at : https://bharatseats.com/wp-content/uploads/2020/05/3.-Nomination-and-Remuneration-Policy.pdf The terms o
two wheelers, at their plants at Gurugram in Haryana and at Surendranagar and Hansalpur in Ahmedabad, Gujarat. (2) Date or expected date of commencement of commercial production The Company is already in production for more than forty years. (3) In case of new companies, expected date of commencement of activities as per project approved by financial institutions appearing in the prospectus Not applicable, as the Com
The facility of participation at the AGM through VC/OAVM will be made available for 1000 members on first come first served basis. This will not include large Shareholders (Shareholders holding 2% or more shareholding), Promoters, Institutional Investors, Directors, Key Managerial Personnel, the Chairpersons of the Audit Committee, Nomination and Remuneration Committee and Stakeholders Relationship Committee, Auditor
HOW TO READ THIS PAGE
Evidence, freshness and limitations
What does the TickerSutra score mean?
The score ranks captured evidence across financial quality, growth, moat and margins, regulatory catalysts, governance, institutional trend and valuation comfort. It is a research-prioritization tool—not a buy recommendation or price target.
Which sources support this page?
Financial history, ownership and pledge data, NSE and BSE filings, annual reports and available earnings-call transcripts are combined here. Use the source trail and original exchange document before relying on a decision-critical fact.
Why can an item be unresolved?
Unresolved means the current captured source window did not provide enough evidence for that check. It does not establish that a risk or relationship is absent.
Maintained by TickerSutra Research · Snapshot updated 29 Sept 2026 · Read the methodology · Read the disclaimer
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