Investment Ratings
As per analysts rating in the last 6 months, the recommendation is to HOLD Bharat Gears
-
Master Rating:
-
Bharat Gears has an operating revenue of Rs. 676.84 Cr. on a trailing 12-month basis. An annual revenue growth of 8% is good, Pre-tax margin of -2% needs improvement, ROE of -10% is poor and needs improvement. The company has a debt to equity of 90%, which is bit higher. The stock from a technical standpoint is trading close to its 50DMA and comfortably placed above its 200DMA, around 42% above 200DMA. It needs to take support around the 50 DMA level to continue further upside move. From an O'Neil Methodology perspective, the stock has an EPS Rank of 63 which is a FAIR score but needs to improve its earnings, a RS Rating of 80 which is GOOD indicating the outperformance as compared to other stocks, Buyer Demand at B+ which is evident from recent demand for the stock, Group Rank of 80 indicates it belongs to a poor industry group of Auto/Truck-Original Eqp and a Master Score of B is close to being the best. Institutional holding has gone up in the last reported quarter is a positive sign. Overall, the stock is lagging behind in earnings parameter, but excellent technical strength makes it a stock to examine in more detail.
EPS Strength
Price Strength
Buyer Demand
Group Rank
Bharat Gears Ltd Forecast
Price Estimates
Eps And Sales Estimates
Bharat Gears Ltd Synopsis
NSE-Auto/Truck-Original Eqp
Bharat Gears belongs to the Industry of Auto Ancl - Gears & Drive. Company’s Total Operating Revenue is Rs. 503.03 Cr. and Equity Capital is Rs. 9.31 Cr. for the Year ended 31/03/2021. Bharat Gears Ltd. is a Public Limited Listed company incorporated on 23/12/1971 and has its registered office in the State of Haryana, India. Company’s Corporate Identification Number(CIN) is L29130HR1971PLC034365 and registration number is 034365.-
Market Cap
INR 160.62 Cr
-
Sales
INR 676.84 Cr
-
Shares in Float
0.46 Cr
-
No of Funds
9 K
-
Yield
2.25%
-
Book Value
2.1
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U/D Vol Ratio
2.4
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LTDebt/Equity
90%
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Alpha
0.32
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Beta
1.16
| Owner Name | Jun-21 | Mar-21 | Dec-20 |
|---|---|---|---|
| Promoters | 55.32% | 55.32% | 55.32% |
| Mutual Funds | 0% | 0% | 0% |
| Foreign Portfolio Investors | 0% | 0% | 0% |
| Financial Institutions/ Banks | 0.02% | 0.02% | 0.02% |
| Individual Investors | 37.32% | 38.18% | 37.47% |
| Others | 7.34% | 6.48% | 7.19% |
| Name | Designation |
|---|---|
| Mr. Surinder P Kanwar | Chairman & Managing Director |
| Mr. Sameer Kanwar | Joint Managing Director |
| Mr. Nagar Venkatraman Srinivasan | Non Executive Director |
| Mr. Wolfgang Rudolf Schilha | Ind. Non-Executive Director |
| Mr. Rakesh Chopra | Ind. Non-Executive Director |
| Mr. Virendra Kumar Pargal | Ind. Non-Executive Director |
| Ms. Hiroo Suresh Advani | Ind. Non-Executive Director |
Bharat Gears Ltd Financials
- Quarterly P&L
- Annual P&L
- Cash Flow
- Balance Sheet
- Ratios
| INDICATOR | Sep 2021 | Jun 2021 | Mar 2021 | Dec 2020 | Sep 2020 |
|---|---|---|---|---|---|
| Oper Rev Qtr Cr | 186.63 | 164.68 | 174.03 | 151.5 | 128.24 |
| Operating Expenses Qtr Cr | 169.41 | 146.94 | 160.11 | 135.33 | 118.35 |
| Operating Profit Qtr Cr | 17.22 | 17.74 | 13.92 | 16.17 | 9.89 |
| Depreciation Qtr Cr | 5.25 | 5.78 | 5.81 | 5.99 | 6.09 |
| Interest Qtr Cr | 4.97 | 4.89 | 4.8 | 6.06 | 6.33 |
| Tax Qtr Cr | 2.67 | 2.21 | 0.47 | 0.07 | -0.21 |
| Net Profit Qtr Cr | 7.95 | 6.39 | 2.77 | 4.74 | -2.07 |
| INDICATOR | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|
| Total Revenue Annual Cr | 504.396 | 467.9956 | 599.1468 | 508.2885 | 407.9215 |
| Operating Expenses Annual Cr | 467.2315 | 444.4826 | 535.9678 | 463.922 | 378.6953 |
| Operating Profit Annual in Cr | 35.7964 | 18.6372 | 58.4286 | 42.7869 | 28.0857 |
| Depreciation Cr | 24.147 | 26.6873 | 21.7614 | 18.2811 | 16.6926 |
| Interest Annual Cr | 22.6658 | 21.6482 | 21.9689 | 16.8424 | 14.8144 |
| Tax Annual Cr | -1.9477 | -6.0447 | 6.9189 | 2.94 | -0.82 |
| Net Profit Annual Cr | -7.7006 | -18.7778 | 12.5298 | 6.303 | -1.4608 |
| INDICATOR | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|
| Cash from Operating Activity Annual Cr | 59.0284 | 53.5625 | 50.1187 | 6.1319 | 20.2558 |
| Cash from Investing Activity Annual Cr | -2.2468 | -29.4766 | -56.1246 | -20.7159 | -4.8874 |
| Cash from Financing Annual Activity Cr | -56.7055 | -19.9137 | -4.9826 | 26.9262 | -18.3373 |
| Net Cash Flow Annual Cr | 0.0761 | 4.1722 | -10.9885 | 12.3422 | -2.9689 |
| INDICATOR | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|
| Total ShareHolders Funds Annual Cr | 73.8128 | 79.574 | 88.4947 | 77.822 | 66.4752 |
| Fixed Assets Annual Cr | 134.9051 | 151.7105 | 155.3866 | 115.4723 | 104.3815 |
| Total Non Current Assets Annual Cr | 152.6884 | 167.5385 | 166.8865 | 124.9277 | 113.2908 |
| Total Current Assets Annual Cr | 230.9435 | 206.6018 | 252.825 | 240.8041 | 177.2561 |
| Total Assets Annual Cr | 383.6319 | 374.1403 | 419.7115 | 365.7318 | 290.5469 |
| INDICATOR | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|
| Book Value Per Share Annual Rs | 79.316 | 85.507 | 108.678 | 95.571 | 85.03 |
| ROE Annual % | -10.43 | -23.59 | 14.15 | 8.09 | -2.19 |
| ROCE Annual % | 7.54 | -1.67 | 21.58 | 14.93 | 10.44 |
| Total Debt to Total Equity Annual | - | - | - | - | - |
| EBDIT Annual Margin % | 7.38 | 5.07 | 10.62 | 8.75 | 7.18 |
Bharat Gears Ltd Technicals
EMA & SMA
CURRENT PRICE
155.25 
(-3.03)
-
- Bullish Moving Averages 8
- Bearish Moving Averages 8
EMA
-
20 Day
156.75
-
50 Day
154.57
-
100 Day
142.9
-
200 Day
115.98
Bharat Gears Ltd Resistance and support
160.94 PIVOT
-
First Resistance
162.87
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Second Resistance
165.64
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Third Resistance
167.57
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First Support
158.17
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Second Support
156.24
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Third Support
153.47
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RSI
52.26
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MFI
68.89
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MACD
-0.59
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MACD signal line
-2.06
Bharat Gears Ltd Delivery and Volume
| Period | NSE + BSE Volume Avg | NSE + BSE Delivery Volume Avg | NSE + BSE Delivery Volume % |
|---|---|---|---|
| Day | 57,195 | 3,545,518 | 61.99% |
| Week | 181,183 | 9,379,823 | 51.77% |
| 1 Month | 106,626 | 5,553,074 | 52.08% |
| 6 Month | 139,676 | 6,116,426 | 43.79% |
Bharat Gears Ltd Price change analysis
-30.15
Over 1 month
Low High 130.1 181
20.25
Over 3 month
Low High 129.25 190.2
53.2
Over 6 months
Low High 85.65 190.2
100
Over Year
Low High 54.1 190.2Similar Stocks
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News
Bharat Gears Ltd - 505688 - Announcement under Regulation 30
Pursuant to the Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements), Regulations 2015 ('the Regulations'), please find e Read More
BHARAT GEARS LTD. - 505688 - Announcement under Regulation 3
Pursuant to the Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements), Regulations 2015 ('the Regulations'), please find e Read More
BHARAT GEARS LTD. - 505688 - Announcement under Regulation 3
Pursuant to the Regulation 30 & 47 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('the Regulations'), please f Read More
BHARAT GEARS LTD. - 505688 - Board Meeting Outcome for Outco
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements), Regulations 2015 ('the Regulations'), we are enclos Read More
BHARAT GEARS LTD. - 505688 - Board Meeting Intimation for In
BHARAT GEARS LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 02/11/2021 ,inter alia, to consi Read MoreBlogs