	2012 Mar 31	2013 Mar 31	2014 Mar 31	2015 Mar 31	2016 Mar 31	R 2017 Mar 31	C 2018 Mar 31	2019 Mar 31	2020 Mar 31	2021 Mar 31	2022 Mar 31	2023 Mar 31	2024 Mar 31	2025 Mar 31	2026 Mar 31

Period length: Source:	12M AR	12M AR	12M AR	12M AR	12M AR	12M AR	12M AR	12M AR	12M AR	12M AR	12M AR	12M AR	12M AR	12M AR	12M AR
Total Revenue	430.56	392.62	419.87	414.90	397.49	406.78	506.71	594.40	463.12	503.03	729.44	766.37	663.05	647.53	784.17
Cost of Operating Revenue	300.07	278.01	292.33	247.68	231.69	202.56	254.32	382.55	331.61	346.27	496.48	543.62	479.68	459.08	436.20
Gross Profit	130.49	114.61	127.54	167.22	165.80	204.22	252.39	211.85	131.51	156.75	232.96	222.75	183.37	188.46	347.98
Gross Margin	30.3	29.2	30.4	40.3	41.7	50.2	49.8	35.6	28.4	31.2	31.9	29.1	27.7	29.1	44.4
Total Operating Expenses	396.76	375.91	407.83	407.02	383.29	395.33	482.18	557.45	471.11	491.33	684.07	740.25	661.92	645.85	754.45
Operating Profit	33.79	16.71	12.05	7.88	14.19	11.45	24.53	36.95	-7.99	11.70	45.37	26.11	1.13	1.68	29.73
Operating Margin	7.8	4.3	2.9	1.9	3.6	2.8	4.8	6.2	-1.7	2.3	6.2	3.4	0.2	0.3	3.8
Financing Income/(Expense) - Net	-12.16	-11.15	-14.06	-16.35	-16.16	-14.81	-16.84	-17.38	-16.91	-21.58	-15.06	-8.49	-14.83	-14.88	-14.00
Profit before Taxes	26.76	7.45	0.60	-6.43	0.52	-2.28	9.24	19.45	-24.82	-9.65	34.07	17.60	-12.88	3.93	22.02
Income Taxes	8.17	2.48	0.00	-2.22	0.28	-0.82	2.94	6.92	-6.04	-1.95	8.23	4.11	-3.14	0.75	5.51
Profit after Tax	18.59	4.97	0.59	-4.21	0.24	-1.46	6.30	12.53	-18.78	-7.70	25.84	13.48	-9.74	3.19	16.50
PAT Margin	4.3	1.3	0.1	-1.0	0.1	-0.4	1.2	2.1	-4.1	-1.5	3.5	1.8	-1.5	0.5	2.1
EPS - Basic - ex Extraordinary Items	14.45	3.89	0.47	-3.29	0.19	-1.14	4.85	9.41	-13.10	-5.32	17.62	8.78	-6.34	2.08	10.75
EPS - Diluted - ex Extraordinary Items	14.45	3.89	0.47	-3.29	0.19	-1.14	4.85	9.41	-13.10	-5.32	17.62	8.78	-6.34	2.08	10.75
EBIT	33.79	16.71	12.05	7.88	14.19	11.45	24.53	36.95	-7.99	11.70	45.37	26.11	1.13	1.68	29.73
EBITDA	44.71	28.38	25.85	22.01	30.69	28.14	42.81	58.71	18.69	35.84	65.76	46.18	23.68	25.31	52.30
EBITDA Margin	10.4	7.2	6.2	5.3	7.7	6.9	8.4	9.9	4.0	7.1	9.0	6.0	3.6	3.9	6.7

Balance Sheet

Abridged

Understanding Balance Sheet

Bharat Gears Ltd. balance sheet covering assets, liabilities, equity and borrowings across annual and quarterly periods.

Consolidated

Standalone

Annual

Interim

	2012 Mar 31	2013 Mar 31	C 2014 Mar 31	2015 Mar 31	R 2016 Mar 31	R 2017 Mar 31	2018 Mar 31	C 2019 Mar 31	2020 Mar 31	2021 Mar 31	2022 Mar 31	2023 Mar 31	2024 Mar 31	2025 Mar 31	2026 Mar 31

Source:	AR	AR	AR	AR	AR	AR	AR	AR	AR	AR	AR	AR	AR	AR	AR
Total Current Assets	145.98	143.51	144.54	155.82	157.29	177.26	240.80	252.70	206.48	230.82	269.60	255.71	226.93	212.49	259.70
Long-Term Investments	-	-	-	-	2.00	2.03	1.58	-	-	-	-	1.11	1.20	1.30	3.93
Property Plant & Equipment - Net	95.72	115.54	137.35	128.60	114.21	103.22	114.47	153.89	150.44	133.84	118.19	133.10	137.09	129.63	118.48
Total Non-Current Assets	103.27	122.66	146.57	139.52	124.42	113.29	124.93	167.01	167.66	152.81	133.95	151.47	158.56	151.92	141.08
Total Assets	249.25	266.17	291.11	295.34	281.71	290.55	365.73	419.71	374.14	383.63	403.55	407.18	385.48	364.41	400.78
Total Current Liabilities	135.29	138.77	136.33	158.88	147.70	170.60	191.03	227.45	184.50	211.20	203.38	177.47	179.37	174.89	210.38
Long Term Debt	26.08	34.65	61.46	48.88	51.22	37.25	78.68	81.28	84.86	71.63	65.42	81.14	67.66	47.72	28.15
Total Non-Current Liabilities	40.92	51.15	78.93	65.78	66.29	53.47	96.88	103.76	110.07	98.62	91.98	109.15	95.51	76.63	59.21
Total Liabilities	176.21	189.92	215.26	224.66	214.00	224.07	287.91	331.22	294.57	309.82	295.36	286.62	274.88	251.52	269.59
Total Shareholders' Equity	73.04	76.25	75.85	70.68	67.71	66.48	77.82	88.49	79.57	73.81	108.19	120.56	110.60	112.89	131.19
Total Equity	73.04	76.25	75.85	70.68	67.71	66.48	77.82	88.49	79.57	73.81	108.19	120.56	110.60	112.89	131.19
Total Liabilities & Equity	249.25	266.17	291.11	295.34	281.71	290.55	365.73	419.71	374.14	383.63	403.55	407.18	385.48	364.41	400.78

Cash Flow

Abridged

Understanding Cash Flow Statement

Bharat Gears Ltd. cash flow statement covering operating, investing and financing activities across annual and quarterly periods.

Consolidated

Standalone

Annual

Interim

	2012 Mar 31	2013 Mar 31	R 2014 Mar 31	2015 Mar 31	2016 Mar 31	R 2017 Mar 31	2018 Mar 31	2019 Mar 31	2020 Mar 31	2021 Mar 31	2022 Mar 31	2023 Mar 31	2024 Mar 31	2025 Mar 31	2026 Mar 31

Period length: Source:	12M AR	12M AR	12M AR	12M AR	12M AR	12M AR	12M AR	12M AR	12M AR	12M AR	12M AR	12M AR	12M AR	12M AR	12M AR
Operating CF bef Changes in Working Cap	30.69	13.87	12.30	6.73	16.32	16.71	27.91	30.39	0.99	15.42	49.40	31.81	6.51	14.47	42.81
Working Capital - Increase/(Decrease)	-15.63	2.28	2.31	-0.54	-6.80	-8.14	-34.63	-0.59	34.42	24.94	-36.73	-5.16	25.31	21.34	-23.69
Net CF from Operating Activities	15.06	16.15	14.61	6.19	9.52	8.58	-6.71	29.80	35.41	40.35	12.66	26.66	31.82	35.80	19.13
Capital Expenditures - Net	19.15	26.42	40.55	5.13	7.52	5.66	21.24	55.58	30.34	3.55	4.57	25.59	13.25	-3.38	10.70
Net CF from Investing Activities	-18.59	-26.42	-38.58	-5.59	-7.54	-5.73	-21.20	-56.66	-30.08	-2.61	-5.32	-26.87	-13.73	1.13	-9.10
Dividends Paid - Cash - Total	1.28	1.41	1.38	0.77	0.01	0.02	0.06	-	0.95	0.03	0.02	-	-	0.00	0.00
Stock - Issuance/(Retirement) - Net	-1.04	-	-	-	-	-	-	-	11.70	-	9.30	-	-	-	-
Debt - LT & ST - Issuance/(Retirement) - Total	3.05	12.73	24.91	0.14	-1.65	-5.80	35.30	15.85	-11.71	-37.63	-23.52	13.11	-20.71	-36.56	-19.52
Net Cash Flow from Financing Activities	0.50	11.08	23.29	-0.76	-1.66	-5.82	40.26	15.87	-1.15	-37.66	-14.25	13.11	-22.10	-36.70	-19.52
Free Cash Flow to Equity	-1.04	2.47	-1.03	1.20	0.35	-2.88	7.35	-9.93	-6.65	-0.83	-15.43	14.18	-2.14	2.62	-11.10
Free Operating CF net dividend	-8.68	-11.76	-27.67	0.14	1.85	2.74	-28.19	-25.87	3.97	36.19	7.88	0.65	17.33	21.86	8.17
Free Operating CF	-7.41	-10.35	-26.30	0.91	1.87	2.76	-28.13	-25.87	4.92	36.22	7.90	0.65	17.33	21.86	8.17

Business Segment Analysis

FY End:

Mar 25

Bharat Gears Ltd. business segment breakdown covering revenue, operating income and assets across key divisions for the selected financial year.

Capex

Automotive Gears business (100.0%)₹ 13.95 Cr

Revenue / Sales

Automotive Gears business (100.0%)₹ 647.53 Cr

Assets

Automotive Gears business (100.0%)₹ 364.41 Cr

Operating Income

Automotive Gears business (100.0%)₹ 1.68 Cr

Regional Segment Analysis

FY End:

Mar 25

Bharat Gears Ltd. geographic revenue split showing domestic and international market performance across revenue and income for the selected financial year.

Revenue / Sales

India (Country) (70.0%)₹ 443.46 CrUnited States America (15.8%)₹ 100.34 CrSpain (Country) (5.9%)₹ 37.10 CrOther countries (5.7%)₹ 36.39 CrMexico (Country) (2.5%)₹ 15.78 Cr

Historical Segment Analysis

Track how Bharat Gears Ltd. segment contributions have evolved over multiple financial years to see which divisions are growing, shrinking or gaining strategic importance.

Capex

Sales

Assets

Operating Income

Business

Regional

Business

	2019 Mar 31	2020 Mar 31	2021 Mar 31	2022 Mar 31	2023 Mar 31	2024 Mar 31	2025 Mar 31

Automotive Gears business	56	30	4	5	26	14	14

Frequently Asked Questions

What is the revenue of Bharat Gears Ltd.?

The latest trailing twelve month revenue of Bharat Gears Ltd. is ₹ 784.17 Cr, reflecting a 1-year growth of 21.10% and a 3-year CAGR of 0.77%. Annual and quarterly revenue trends are available in the Income Statement section.

What is the net profit of Bharat Gears Ltd.?

The latest trailing twelve month net profit (PAT) of Bharat Gears Ltd. is ₹ 16.50 Cr, with a 3-year earnings CAGR of 6.97%. Detailed profit history across annual and quarterly periods is in the Income Statement section.

What is the EBITDA of Bharat Gears Ltd.?

The trailing twelve month EBITDA of Bharat Gears Ltd. is approximately ₹ 29.70 Cr (based on an operating margin of 3.79%). EBITDA reflects core operating profitability before interest, taxes, depreciation and amortisation.

What is the EPS of Bharat Gears Ltd.?

The trailing twelve month Earnings Per Share (EPS) of Bharat Gears Ltd. is 10.75. EPS trends across annual and quarterly periods are visible in the Income Statement section.

What is the debt level of Bharat Gears Ltd.?

The debt-to-equity ratio of Bharat Gears Ltd. stands at 0.56. The interest coverage ratio is 2.12x, reflecting the company's ability to service debt from operating earnings. The full breakdown of total borrowings is in the Balance Sheet section.

What is the book value per share of Bharat Gears Ltd.?

The estimated book value per share of Bharat Gears Ltd. is 85.44 (derived from a P/B ratio of 1.43 and market price of ₹ 122.00), reflecting the net asset value attributable to each share. See the Balance Sheet section for a full breakdown.

What is the cash flow from operations of Bharat Gears Ltd.?

The trailing twelve month operating cash flow of Bharat Gears Ltd. is ₹ 29.45 Cr. Annual and quarterly cash flow data is available in the Cash Flow section of the Statements tab.

Does Bharat Gears Ltd. report consolidated or standalone financials?

Bharat Gears Ltd. reports consolidated financials. You can toggle between consolidated and standalone views using the switch at the top of each statement section.