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Bharat Gears

  • Market Cap: Micro Cap
  • Industry: Auto Ancillary
  • ISIN: INE561C01019
  • NSEID: BHARATGEAR
  • BSEID: 505688
INR
69.02
2.25 (3.37%)
BSENSE

Apr 11, 12:53 PM

BSE+NSE Vol: 4.67 k

  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-summaryPrice Point
High/Low

1Day

52 Week

Valuation
Technical
Day's Volume

CASH

4.67 k (-47.72%) Volume

Shareholding (Dec 2024)

FII

1.23%

Held by 1 FIIs

DII

0.03%

Held by 0 DIIs

Promoter

55.32%

iScoreScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy
Dashboard
1

With a Operating Losses, the company has a Weak Long Term Fundamental Strength

  • Low ability to service debt as the company has a high Debt to EBITDA ratio of 3.59 times
  • The company has been able to generate a Return on Equity (avg) of 6.52% signifying low profitability per unit of shareholders funds
2

Negative results in Dec 24

3

Stock is technically in a Bearish range

4

Risky - Negative Operating Profits

5

Below par performance in long term as well as near term

stock-summaryMojo Parameters
Mojo Parameters
Loading Valuation Snapshot...
Stock DNA
stock-summary
Industry

Auto Ancillary

stock-summary
Market cap

INR 106 Cr (Micro Cap)

stock-summary
P/E

NA (Loss Making)

stock-summary
Industry P/E

28

stock-summary
Dividend Yield

0.00%

stock-summary
Debt Equity

0.94

stock-summary
Return on Equity

-13.56%

stock-summary
Price to Book

0.93

Revenue and Profits (1 Year):
Net Sales:
142 Cr
(Quarterly Results - Dec 2024)
Net Profit:
-10 Cr
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
Dividend Yield (0%)
TimePeriod
Price Return
Dividend Return
Total Return
6 Months
-34.58%
0%
-34.58%
1 Year
-40.6%
0%
-40.6%
2 Years
-40.22%
0%
-40.22%
3 Years
-34.56%
0%
-34.56%
4 Years
23.9%
0%
23.9%
5 Years
240.64%
0%
240.64%

Latest dividend: 1 per share ex-dividend date: Jul-29-2019

Risk Adjusted Returns v/s Sensex stock-summary
Returns Beta
Icon
Beta has not been calculated since enough price history is not available
stock-summaryKey Factors
Quality key factors stock-summary
Factor
Value
Sales Growth (5y)
5.33%
EBIT Growth (5y)
-167.92%
EBIT to Interest (avg)
0.86
Debt to EBITDA (avg)
3.96
Net Debt to Equity (avg)
0
Sales to Capital Employed (avg)
2.86
Tax Ratio
84.75%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
1.26%
ROCE (avg)
8.06%
ROE (avg)
6.52%
Valuation key factors
Factor
Value
P/E Ratio
NA (Loss Making)
Industry P/E
28
Price to Book Value
0.93
EV to EBIT
-58.09
EV to EBITDA
10.34
EV to Capital Employed
0.96
EV to Sales
0.32
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
0.46%
ROE (Latest)
-13.56%
Tecnicals key factors
Indicator
Weekly
Monthly
MACD
Bearish
Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Mildly Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Bearish
Dow Theory
No Trend
No Trend
OBV
No Trend
No Trend
stock-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
stock-summaryShareholding
Shareholding Snapshot : Dec 2024stock-summary
Shareholding Compare (%holding) stock-summary
Majority shareholders

Promoters

Pledged Promoter Holdings

None

Mutual Funds

Held by 1 Schemes (0.0%)

FIIs

Held by 1 FIIs (1.23%)

Promoter with highest holding

Surinder Paul Kanwar (37.0%)

Highest Public shareholder

Acadian Emerging Markets Micro-cap Equity Master Fund (1.23%)

Individual Investors Holdings

36.75%

stock-summaryFinancial
[
  {
    "link": "quarterly",
    "btn_text": "All Quarterly Results",
    "header": "Quarterly Results Snapshot (Standalone) - Dec'24 - YoY",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in quarter ended Dec 2024 is -0.49% vs -24.59% in Dec 2023",
        "dir": 1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "YoY Growth in quarter ended Dec 2024 is -87.09% vs -312.36% in Dec 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "142.08",
          "val2": "142.78",
          "chgp": "-0.49%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "-2.57",
          "val2": "0.79",
          "chgp": "-425.32%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "4.30",
          "val2": "4.33",
          "chgp": "-0.69%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "-10.29",
          "val2": "-5.50",
          "chgp": "-87.09%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "-1.81%",
          "val2": "0.55%",
          "chgp": "-2.36%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "half-yearly",
    "btn_text": "All Half Yearly Results",
    "header": "Half Yearly Results Snapshot (Standalone) - Sep'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": " Growth in half year ended Sep 2024 is -5.41% vs -12.08% in Sep 2023",
        "dir": 1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": " Growth in half year ended Sep 2024 is 572.69% vs -124.75% in Sep 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Sep'24",
        "Sep'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "330.59",
          "val2": "349.50",
          "chgp": "-5.41%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "15.27",
          "val2": "15.45",
          "chgp": "-1.17%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "8.72",
          "val2": "8.80",
          "chgp": "-0.91%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "11.77",
          "val2": "-2.49",
          "chgp": "572.69%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "4.62%",
          "val2": "4.42%",
          "chgp": "0.20%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "nine-monthly",
    "btn_text": "All Nine Monthly Results",
    "header": "Nine Monthly Results Snapshot (Standalone) - Dec'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is -3.98% vs -16.12% in Dec 2023",
        "dir": 1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is 118.52% vs -163.16% in Dec 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "472.67",
          "val2": "492.28",
          "chgp": "-3.98%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "12.70",
          "val2": "16.24",
          "chgp": "-21.80%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "13.02",
          "val2": "13.13",
          "chgp": "-0.84%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "1.48",
          "val2": "-7.99",
          "chgp": "118.52%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "2.69%",
          "val2": "3.30%",
          "chgp": "-0.61%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "annual",
    "btn_text": "All Annual Results",
    "header": "Annual Results Snapshot (Standalone) - Mar'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in year ended Mar 2024 is -13.48% vs 5.06% in Mar 2023",
        "dir": -1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "YoY Growth in year ended Mar 2024 is -172.20% vs -47.79% in Mar 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Mar'24",
        "Mar'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "663.05",
          "val2": "766.36",
          "chgp": "-13.48%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "23.54",
          "val2": "45.99",
          "chgp": "-48.81%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "17.49",
          "val2": "17.08",
          "chgp": "2.40%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "-9.74",
          "val2": "13.49",
          "chgp": "-172.20%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "3.55%",
          "val2": "6.00%",
          "chgp": "-2.45%",
          "chgp_class": "negative"
        }
      ]
    }
  }
]
Quarterly Results Snapshot (Standalone) - Dec'24 - YoYstock-summary
Dec'24
Dec'23
Change(%)
Net Sales
142.08
142.78
-0.49%
Operating Profit (PBDIT) excl Other Income
-2.57
0.79
-425.32%
Interest
4.30
4.33
-0.69%
Exceptional Items
0.00
0.00
Standalone Net Profit
-10.29
-5.50
-87.09%
Operating Profit Margin (Excl OI)
-1.81%
0.55%
-2.36%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in quarter ended Dec 2024 is -0.49% vs -24.59% in Dec 2023

Direction Arrows
Standalone Net Profit

YoY Growth in quarter ended Dec 2024 is -87.09% vs -312.36% in Dec 2023

Half Yearly Results Snapshot (Standalone) - Sep'24stock-summary
Sep'24
Sep'23
Change(%)
Net Sales
330.59
349.50
-5.41%
Operating Profit (PBDIT) excl Other Income
15.27
15.45
-1.17%
Interest
8.72
8.80
-0.91%
Exceptional Items
0.00
0.00
Standalone Net Profit
11.77
-2.49
572.69%
Operating Profit Margin (Excl OI)
4.62%
4.42%
0.20%
Values in Rs Cr.
Direction Arrows
Net Sales

Growth in half year ended Sep 2024 is -5.41% vs -12.08% in Sep 2023

Direction Arrows
Standalone Net Profit

Growth in half year ended Sep 2024 is 572.69% vs -124.75% in Sep 2023

Nine Monthly Results Snapshot (Standalone) - Dec'24stock-summary
Dec'24
Dec'23
Change(%)
Net Sales
472.67
492.28
-3.98%
Operating Profit (PBDIT) excl Other Income
12.70
16.24
-21.80%
Interest
13.02
13.13
-0.84%
Exceptional Items
0.00
0.00
Standalone Net Profit
1.48
-7.99
118.52%
Operating Profit Margin (Excl OI)
2.69%
3.30%
-0.61%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in nine months ended Dec 2024 is -3.98% vs -16.12% in Dec 2023

Direction Arrows
Standalone Net Profit

YoY Growth in nine months ended Dec 2024 is 118.52% vs -163.16% in Dec 2023

Annual Results Snapshot (Standalone) - Mar'24stock-summary
Mar'24
Mar'23
Change(%)
Net Sales
663.05
766.36
-13.48%
Operating Profit (PBDIT) excl Other Income
23.54
45.99
-48.81%
Interest
17.49
17.08
2.40%
Exceptional Items
0.00
0.00
Standalone Net Profit
-9.74
13.49
-172.20%
Operating Profit Margin (Excl OI)
3.55%
6.00%
-2.45%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in year ended Mar 2024 is -13.48% vs 5.06% in Mar 2023

Direction Arrows
Standalone Net Profit

YoY Growth in year ended Mar 2024 is -172.20% vs -47.79% in Mar 2023

stock-summaryCompany CV
About Bharat Gears Ltd stock-summary
stock-summary
Bharat Gears Ltd
Micro Cap
Auto Ancillary
Bharat Gears Ltd(BGL), promoted by Bharat Steel Tubes and Raunaq & Company in collaboration with ZF Friedrichshafen, Germany, was incorporated in 1971 to manufacture automotive gears. The foreign collaborator holds 25.99 % stake in the company. BGL is a major global supplier of automotive gears and heat treatment furnaces.
Company Coordinates stock-summary
Company Details
22 Camac Street Block C, 3 rd Floo Kolkata West Bengal : 700016
stock-summary
Tel: 91-129-4288600
stock-summary
info@bgindia.com
Registrar Details
Link Intime India Pvt Ltd., Narang Tower 44, Community Centre, Naraina Industrial Area , Phase - 1, New Delhi