Bhartiya International share price & results
- Jun 2026
- Sept 2026
Backward-integrated leather-garment and fashion-accessories maker with an in-house tannery, marketing outerwear, leather garments and accessories through subsidiaries across India, Europe, Hong Kong and China.
Reported
The figures, each with its period
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | 306 | +24.9% YoY | Quarterly, as filed | Quarter to Jun 2026 | Revenue from operations as filed. |
| Operating margin | 11.0 | 0.0 pts YoY | Operating profit / revenue | Quarter to Jun 2026 | For the quarter; a change is in percentage points. |
| Net profit | 15.0 | +50.0% YoY | Quarterly, as filed | Quarter to Jun 2026 | Profit after tax as filed. |
| Return on equity | 5.56 | −1.1 pts | Trailing twelve months | TTM to Jun 2026 | Adjusted profit attributable to owners ÷ average owners’ equity. |
| Free cash flow margin | 0.01 | −3.6 pts | Fiscal year | FY ending Mar 2026 | (Operating cash flow − fixed-asset purchases + disposals) ÷ revenue. |
| Revenue growth (YoY) | 34.35 | −0.3 pts | Trailing twelve months | TTM to Jun 2026 | Revenue change against the same period one year earlier. |
Price
Performance +33.0% 1Y
1Y: ₹770.1 on 24 Oct 2025 → ₹1,024.1. High ₹1,108.2 (9 Sept 2026), low ₹613.15 (21 Jan 2026).
- Previous close
- ₹1,020.7
- Market cap
- ₹1.4k Cr
- 52-week range
- ₹613.15 – ₹1,108.2
- One year
- +31.30%
- Price to earnings (TTM to Jun 2026)
- 52.65×
- Return on equity (TTM to Jun 2026)
- 5.56%
Overview
- Symbol
- NSE:BIL
- Sector
- Consumer Durables
- Industry
- Consumer Discretionary
- Exchange
- NSE
- Currency
- INR
What Bhartiya International Limited does
Based on the company's own presentations, annual report and earnings calls.
Bhartiya International Limited manufactures and exports leather garments, outerwear and fashion accessories, reported as a single business segment — Fashion Apparels and Accessories, including Intermediaries. It is backward-integrated through its subsidiary J&J Leather Enterprises Limited, a tannery that converts wet-blue leather into finished leather for the group's garment and accessories business. Sales and sourcing are run through a network of overseas subsidiaries: Ultima S.A. (Switzerland) and Ultima Italia SRL market outerwear, leather garments, accessories and textile products across Europe; Design Industry Limited (Hong Kong) sources outerwear, leather garments, fashion accessories and textile products from China and India for sale in Europe; and Design Industry China Limited markets these products within China. Bhartiya Global Marketing Limited handles export of textile and leather garments.
Segments
- Fashion Apparels and Accessories (including Intermediaries)
- Reporting segments
- 1 — Fashion Apparels & Accessories (incl. Intermediaries)
- Overseas marketing/sourcing subsidiaries
- 6, across Switzerland, Italy, Hong Kong, China and Mauritius
- Domestic subsidiaries/associates
- 5 (incl. Bhartiya Global Marketing, Bhartiya International SEZ, Bhartiya Fashion Retail, Bhartiya Urban Infrastructure)
- In-house tannery
- 1 (J&J Leather Enterprises Ltd — wet-blue to finished-leather conversion)
- Leather-products SEZ joint venture
- 1 (Bhartiya International SEZ Ltd, with Andhra Pradesh Industrial Infrastructure Corporation)
- Export markets served
- Europe, China
Fundamentals
Ratios, each with its period
Current values with the period they cover; the trend reads across the 6 fiscal years held (Mar 2021 to Mar 2026).
Financials
What the filings say
Net profit, year on year: +50% (quarter to jun 2026 against jun 2025).
| Line item | Sept 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sept 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 233 | 234 | 203 | 245 | 329 | 313 | 245 | 306 |
| Expenses | 203 | 217 | 188 | 218 | 292 | 289 | 225 | 272 |
| Operating profit | 30 | 17 | 15 | 27 | 37 | 24 | 19 | 34 |
| Operating margin | 13.0% | 7.0% | 7.0% | 11.0% | 11.0% | 8.0% | 8.0% | 11.0% |
| Other income | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 |
| Interest | 12 | 11 | 11 | 11 | 13 | 12 | 13 | 12 |
| Depreciation | 3 | 3 | 3 | 3 | 3 | 3 | 4 | 4 |
| Profit before tax | 17 | 4 | 3 | 14 | 22 | 10 | 4 | 20 |
| Tax rate | 25.0% | 43.0% | 46.0% | 25.0% | 29.0% | 34.0% | 57.0% | 25.0% |
| Net profit | 12 | 2 | 2 | 10 | 15 | 7 | 2 | 15 |
| EPS (₹ per share) | 10.17 | 1.93 | 1.16 | 7.82 | 11.46 | 4.98 | 1.13 | 11.43 |
| Line item | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| Sales | 774 | 661 | 857 | 1,132 |
| Expenses | 706 | 590 | 777 | 1,024 |
| Operating profit | 68 | 71 | 80 | 107 |
| Other income | 4 | 4 | 4 | 4 |
| Interest | 37 | 40 | 44 | 49 |
| Depreciation | 21 | 12 | 12 | 13 |
| Profit before tax | 14 | 24 | 30 | 50 |
| Net profit | 8 | 18 | 21 | 34 |
| Line item | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sept 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Equity capital | 12 | 12 | 12 | 13 | 13 | 13 |
| Reserves | 291 | 307 | 325 | 383 | 470 | 430 |
| Borrowings | 437 | 462 | 488 | 461 | 504 | 537 |
| Other liabilities | 104 | 121 | 171 | 224 | 341 | 254 |
| Total liabilities | 845 | 902 | 996 | 1,082 | 1,328 | 1,234 |
| Fixed assets | 121 | 142 | 137 | 131 | 151 | 136 |
| Capital work in progress | 8 | 0 | 1 | 2 | 3 | 12 |
| Investments | 66 | 66 | 66 | 66 | 38 | 66 |
| Other assets | 649 | 694 | 792 | 882 | 1,136 | 1,020 |
| Total assets | 845 | 902 | 996 | 1,082 | 1,328 | 1,234 |
| Line item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Cash from operations | 16 | 30 | 29 | 36 | 41 | -14 |
| Cash from investing | -9 | -45 | -22 | -21 | -13 | -18 |
| Cash from financing | -38 | 18 | -11 | -13 | -32 | 33 |
| Net cash flow | -31 | 3 | -4 | 1 | -3 | 1 |
| Free cash flow | 14 | 3 | 8 | 29 | 35 | -32 |
| Line item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Debtor days | 72 | 58 | 46 | 57 | 59 | 62 |
| Inventory days | 694 | 537 | 512 | 595 | 455 | 384 |
| Days payable | 88 | 100 | 93 | 150 | 139 | 113 |
| Cash conversion cycle | 678 | 494 | 466 | 502 | 374 | 333 |
| Working capital days | 169 | 139 | 113 | 91 | 84 | 84 |
| Return on capital employed | 4.0% | 6.0% | 8.0% | 9.0% | 10.0% | 12.0% |
| Dividend payout | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Ownership
Who owns it
Promoters hold 61.17% as of Sept 2026; institutions cut 0.28 pts since Jun 2026.
- Promoters 61.17%
- Foreign institutions 7.40%
- Domestic institutions 0.00%
- Government 0.00%
- Public 31.43%
Who is on the register
Named in the Sep 2026 filing
Every holder of Bhartiya International Limited above SEBI's 1% disclosure line, and what changed since Jun 2026.
| Holder | Stake | Change |
|---|---|---|
| 22.72% | unchanged | |
| 8.96% | unchanged | |
| 8.90% | unchanged | |
| 7.53% | unchanged | |
| 5.89% | unchanged | |
| FPI fund | 5.27% | unchanged |
| 5.08% | unchanged | |
| 3.70% | unchanged | |
| 2.54% | unchanged | |
| 2.11% | unchanged | |
| Foreign bank / ODI | 2.08% | unchanged |
| 1.80% | unchanged |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
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