Bharat Seats Ltd.
Snapshot View

92.25 -1.55 ▼-1.7%

30 July 2021, 04:00:00 P.M.
Volume: 41,704

Overview View Details

Sector Automobile & Ancillaries Compare with Sector peers
Industry Auto Ancillary Compare with Industry peers
Website http://www.bharatseats.com
Financial Indicators
Market Cap 289.67 Cr.
Earnings per share (EPS) 5.01 Trailing Twelve Months Ending 2021-06
Price-Earning Ratio (PE) 18.40 Trailing Twelve Months Ending 2021-06
Industry PE 88.18 Trailing Twelve Months Ending 2021-06
Book Value / Share 37.28 Trailing Twelve Months Ending 2021-06
Price to Book Value 2.47 Calculated using Price: 92.25
Dividend Yield 0.54 Period Ending 2020-03
No. of Shares Subscribed 3.14 Cr. 31,400,000 Shares
FaceValue 2
Company Profile

Bharat Seats (BSL) incorporated in 1986, is a joint venture of Suzuki Motor Corporation, Japan, Maruti Suzuki India and the Relans. The company is in the business of manufacturing complete seating systems and interior components for the automotive and surface transport.

Company has received technical guidance by Houwa Kogyo Co., a leading producer of hi-tech seating system for the automobile industry in Japan, and the main suppliers to Suzuki Motor Corporation.

The factory in Gurgaon houses Polyurethane moulding, seat frame manufacture, final seat assembly and head rest moulding and assembly.

Bharat Seats has set up a manufacturing unit for PU Headrests within its existing plant with a capacity to produce 4 lakh sets per annum. It started commercial production of headrest of international standards of quality commenced in May 1999.

BSL had phased out the use of CFC-11(Cholorofluorocarbons), used as a foam-blowing agent for polyol formation in the manufacturing of moulded Puf cushions.

The company also operates research & development centre which handles projects from the concept stage through modelling, designing prototyping to testing and validation for the final product. The centre has received approval from Ministry of Science and Technology Department of Scientific and Industrial Research.

Products

  • Four wheeler seating system
  • Two wheeler seating system
  • Moulded carpets
  • Two wheeler frames and sheet metal components
  • Railway seats and berth
  • Two wheeler main frame

Milestone

  • 1986- Bharat Seats was established as seating system supplier to Maruti
  • 1988- Company installed PU seat pad moulding line
  • 1999- BSL installed Headrestraint PU pad moulding line installed
  • 2000- Company started Suzuki production system techniques and TPM
  • 2002- BSL installed PU Seat Pad Robotic line
  • 2004- Bharat Seats accredited in-house its testing laboratory
  • 2005- It installed an automated carpet moulding line
  • 2006 - Company started production of two wheeler seating systems for Suzuki motorcycles
  • 2007 - BSL bagged TPM award from JIPM, Japan and two wheeler sheet metal components and frames was introduced
  • 2008- Bharat Seats started supplying seating systems to Indian Railways
  • 2009- Company executed capacity expansion by setting third PU moulding line.

Award/Recognition

BSL has already received the ISO 9002 and QS 9000 revised version quality systems certification.

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
-1.65%
1 Week
+8.15%
1 Month
+16.70%
3 Month
+32.26%
6 Month
+26.98%
1 Year
+104.09%
2 Year
+64.00%
5 Year
+109.18%
9 years 2012-03 2013-03 2014-03 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03
Return on Equity (%) 16.67 14.58 16.86 18.46 14.47 21.06 37.90 22.39 11.49
Return on Capital Employed (%) 12.65 11.21 10.66 12.49 11.43 16.81 39.42 27.92 11.02
Return on Assets (%) 4.03 2.72 2.80 3.10 2.78 4.71 10.27 7.69 4.87

Balance Sheet View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Shh. Funds 35 38 42 46 53 62 87 105 113
Non Curr. Liab. 51 71 76 60 32 28 36 35 39
Curr. Liab. 85 114 139 161 167 175 162 133 89
Minority Int.
Equity & Liab. 171 223 257 267 252 265 285 273 242
Non Curr. Assets 126 152 175 172 149 148 155 159 180
Curr. Assets 46 71 82 95 103 117 130 114 62
Misc. Exp. not W/O
Total Assets 171 223 257 267 252 265 285 273 242

Profit Loss View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Net Sales 432 602 560 693 700 840 970 904 589
Other Income 1 1 0 2 2 1 1 5 2
Total Income 433 603 560 695 702 842 971 909 591
Total Expenditure -415 -579 -532 -661 -670 -803 -906 -854 -553
PBIDT 17 25 29 34 32 38 66 55 38
Interest -3 -6 -6 -6 -5 -4 -3 -3 -3
Depreciation -7 -11 -14 -16 -17 -17 -19 -21 -22
Taxation -2 -2 -2 -3 -3 -5 -15 -10 0
Exceptional Items
PAT 6 5 7 8 7 12 28 21 13

Cash Flow View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Cash Fr. Operatn. 28 5 36 36 34 38 69 35 28
Cash Fr. Inv. -54 -37 -17 -13 -6 -17 -23 -24 -34
Cash Fr. Finan. 20 29 -19 -23 -28 -22 -44 -4 -3
Net Change -7 -3 0 0 0 0 2 7 -9
Cash & Cash Eqvt 4 1 1 1 1 0 2 10 1

Shareholding Pattern View Details

9 Qtrs 2019-06 (%) 2019-09 (%) 2019-12 (%) 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%)
Promoter 74.39 74.39 74.36 74.59 74.59 74.59 74.59 74.59 74.59
Public 25.61 25.61 25.64 25.41 25.41 25.41 25.41 25.41 25.41
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Announcements View Details

Wed, 28 Jul 2021
Announcement under Regulation 30 (LODR)-Newspaper Publication
Pursuant to the provision of Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 please find enclosed copy of the unaudited financial results for the quarter ended 30th June 2021 published in newspapers on 28th July 2021. viz. Financial Express (English newspaper) and Jansatta (Hindi newspaper) which were duly approved in the meeting of the Board of Directors held on 27th July 2021.
Tue, 27 Jul 2021
Book Closure
The Board has decided that the Register of Members and Share Transfer Books of the Company will remain closed from 15th September 2021 to 21st September 2021 (both days inclusive) for the purpose of Annual General Meeting and payment of Dividend
Tue, 27 Jul 2021
OUTCOME OF THE MEETING OF BOARD OF DIRECTORS HELD TODAY 27Th JULY 2021 AS PER REGULATION 30 AND 33 OF THE SEBI (LISTING OBLIGATIONS AND DISCLOSURE REQUIREMENTS) REGULATIONS 2015
1. Pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 the Board has considered and approved the Unaudited Financial Results for the quarter ended on 30th June 2021 and has noted the Limited Review Report of Auditors thereon enclosed as Annexure.

Technical Scans View Details

Fri, 30 Jul 2021
Stock Outperforming Benchmark Index in both 1 Week and 3 Month Stock Outperforming Benchmark Index in both 1 Week and 3 Month
Stock Outperforming Sectoral Index in both 1 Week and 3 Month Stock Outperforming Sectoral Index in both 1 Week and 3 Month
Strongly Outperforming Benchmark Index Strongly Outperforming Benchmark Index
Strongly Outperforming Sectoral Index Strongly Outperforming Sectoral Index
Close Within 2 Year High Zone Close Within 2 Year High Zone

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