Bharat Rasayan Limited (BHARATRAS) AI Stock Analysis

• Market Cap: ₹42.40B
• Dividend Yield: 0.01%
• Average Volume (3M): 299.00
• Price to Earnings (P/E): 30.8
• Beta (1Y): 0.33
• Revenue Growth: 16.60%
• EPS Growth: 4.50%
• Country: IN
• Employees: 816
• Sector: Basic Materials
• Sector Strength: 68
• Industry: Agricultural Inputs
• EPS (TTM): 95.44
• Shares Outstanding: 4,155,268
• 10 Day Avg. Volume: 279
• 30 Day Avg. Volume: 299
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: ₹11,462.00
• Price Target Upside: 14.11% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 0

• Rating: 65 Neutral
• Price Target: ₹11,462.00 ▲(14.11% Upside)

Bharat Rasayan's strong financial performance is the most significant factor, supported by robust revenue and profit growth, low leverage, and effective cash management. Technical analysis presents mixed signals with short-term bearish trends but longer-term stability. Valuation is a concern with a high P/E ratio and low dividend yield, indicating the stock might be overvalued.

Bharat Rasayan Limited Business Overview & Revenue Model

Company Description

Bharat Rasayan Limited (BHARATRAS) is a prominent player in the agrochemical industry, primarily engaged in the manufacturing of pesticides and other agrochemical products. The company operates in sectors such as agriculture and horticulture, providing a wide range of products including insecticides, herbicides, fungicides, and other crop protection solutions. With a focus on enhancing agricultural productivity, Bharat Rasayan Limited caters to both domestic and international markets, offering high-quality and effective solutions for pest control and crop management.

How the Company Makes Money

Bharat Rasayan Limited generates revenue primarily through the sale of its agrochemical products. The company's key revenue streams include the manufacturing and distribution of insecticides, herbicides, fungicides, and other crop protection chemicals. These products are sold to farmers, agricultural companies, and distributors both in India and abroad. Additionally, Bharat Rasayan may have strategic partnerships with other agricultural and chemical companies, enhancing its market reach and distribution capabilities. The company's earnings are driven by factors such as agricultural demand, regulatory approvals, product innovation, and expansion into new markets.

Bharat Rasayan Limited Financial Statement Overview

Summary

Bharat Rasayan demonstrates strong financial health with impressive revenue and profit growth, low leverage, and robust cash flow generation. The company is well-positioned in the agricultural inputs industry, with efficient operations and sound financial management. Potential risks are minimal, with a strong balance sheet and consistent cash flow performance.

Income Statement

Bharat Rasayan has shown strong revenue growth, with a 12.3% increase from 2024 to 2025. Gross profit margin has remained robust at 33.8% in 2025. The net profit margin improved significantly to 12.0% in 2025, indicating effective cost management. Both EBIT and EBITDA margins have improved, suggesting enhanced operational efficiency.

Balance Sheet

The company maintains a healthy financial position with a low debt-to-equity ratio of 0.08 in 2025, signaling minimal leverage risk. Return on Equity is strong at 12.5%, reflecting effective use of equity. The equity ratio is impressive at 80.3%, indicating financial stability and a solid asset base.

Cash Flow

Operating cash flow has improved significantly, aligning well with net income, resulting in a healthy operating cash flow to net income ratio of 1.19. Free cash flow saw remarkable growth, indicating strong cash generation capabilities. Free cash flow to net income ratio stands at 0.97, showing effective cash management.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	11.76B	11.73B	10.45B	12.34B	12.95B	10.80B
Gross Profit	3.94B	3.96B	3.24B	3.95B	3.69B	3.30B
EBITDA	2.43B	2.17B	1.38B	2.06B	2.66B	2.45B
Net Income	1.83B	1.41B	955.10M	1.25B	1.76B	1.64B
Balance Sheet
Total Assets	0.00	14.08B	11.97B	10.74B	10.86B	9.08B
Cash, Cash Equivalents and Short-Term Investments	1.66B	2.86B	1.41B	485.96M	66.88M	1.39B
Total Debt	0.00	852.19M	804.74M	279.37M	1.74B	584.46M
Total Liabilities	-10.64B	2.78B	2.10B	1.80B	3.16B	1.81B
Stockholders Equity	10.64B	11.30B	9.88B	8.93B	7.70B	7.27B
Cash Flow
Free Cash Flow	0.00	1.32B	140.26M	1.90B	-1.21B	1.40B
Operating Cash Flow	0.00	1.68B	410.76M	2.13B	-654.55M	1.70B
Investing Cash Flow	0.00	-1.57B	-897.00M	-605.49M	511.36M	-1.53B
Financing Cash Flow	0.00	41.22M	489.57M	-1.52B	-247.85M	-397.29M

Bharat Rasayan Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 10044.85
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:BHARATRAS, the sentiment is Negative. The current price of 10044.85 is below the 20-day moving average (MA) of 10574.67, below the 50-day MA of 10870.74, and below the 200-day MA of 10316.51, indicating a bearish trend. The MACD of -209.16 indicates Positive momentum. The RSI at 36.63 is Neutral, neither overbought nor oversold. The STOCH value of 16.23 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:BHARATRAS.

Bharat Rasayan Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
INSECTICID	72 Outperform	₹23.71B	15.83		0.61%	2.61%	24.65%
BHARATRAS	65 Neutral	₹42.40B	30.84		0.01%	16.60%	4.50%
RCF	64 Neutral	₹88.49B	30.95		0.79%	-8.23%	69.88%
RALLIS	63 Neutral	₹70.30B	40.87		0.70%	7.10%	29.32%
NACLIND	62 Neutral	₹54.23B	―		0.69%	-21.41%	-39.10%
Sector *	62 Neutral	$10.36B	6.35	0.76%	2.84%	3.10%	-36.03%
NFL	52 Neutral	₹48.77B	31.83		0.27%	-22.78%	-41.69%

Bharat Rasayan Limited Corporate Events

Bharat Rasayan Limited Submits SEBI Compliance Certificate

Bharat Rasayan Limited has submitted a confirmation certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 for the quarter ending June 30, 2025. This submission, received from their Registrar and Share Transfer Agent, M/s. MUFG Intime India Pvt. Limited, ensures compliance with regulatory requirements, reflecting the company’s adherence to financial and operational transparency standards.

Bharat Rasayan Limited Confirms Compliance with SEBI Regulations

Bharat Rasayan Limited has submitted a confirmation certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018, for the quarter ending June 30, 2025. This certificate, provided by their Registrar and Share Transfer Agent, MUFG Intime India Pvt. Limited, confirms that the securities received for dematerialization were processed and listed on the stock exchanges where previous securities are listed. This action ensures compliance with regulatory requirements and maintains the integrity of the company’s securities management processes.