Bharat Rasayan Q2 FY27: PAT ₹3,664 Cr & Rev ₹34,378 Cr

Investor Takeaways

Revenue reached ₹34,378 lakhs in Q1 FY2026, up from ₹32,360 lakhs in Q1 FY2025.

Net profit was ₹3,664 Cr for the quarter.

Board approved restructuring involving BRL Finlease and Centum Finance and scheduled the 37th AGM for September 24, 2026.

Overall Tone: Neutral

Key Financial Highlights

Metric	Value	YoY Change
Revenue	₹34,378 Lakhs	+6.4%
Net Profit	₹3,664 Cr	Not available
EBITDA	Not available	Not available
EPS	[amount context mismatch] (Q1FY27)	Not directly comparable
OPM	12.93% (Q1FY27)	Not directly comparable

What Changed

Revenue increased to ₹34,378 lakhs from ₹32,360 lakhs YoY, reflecting growth in sales and other income. The company approved a restructuring proposal involving BRL Finlease and Centum Finance and authorized further evaluation. The 37th AGM is scheduled for September 24, 2026, with a record date of September 17, 2026 for final dividend declaration. The Limited Review Report confirmed no material misstatements in the unaudited financials.

Peer Comparison

Company	P/E	ROE	ROCE	Market Cap (₹ Cr)
Bharat Rasayan Ltd	9.12	12.68%	15.86%	2,069.66
Pidilite Industries Ltd	63.18	24.71%	33.36%	1,67,322.27
SRF Ltd	35.08	15.39%	15.6%	75,831.4
Coromandel International Ltd	30.66	14.16%	20.98%	56,243.41

Bharat Rasayan trades at a lower valuation multiple compared to peers, with a P/E of 9.12 versus industry averages exceeding 30. However, its ROE and ROCE are moderate relative to peers.

Risks & Concerns

No specific risks identified in the filing.

Restructuring involves related parties (BRL Finlease and Centum Finance), which may require stakeholder scrutiny.

Quarterly Trend

Quarter	Revenue (₹ Cr)	Net Profit (₹ Cr)	OPM%
Q1FY27	338.16	37.23	12.93
Q4FY26	308.02	38.15	14.06
Q3FY26	270.46	40.03	13.33
Q2FY26	285.96	27.88	9.3

Revenue shows sequential growth from Q2FY26 to Q1FY27, while net profit declined in Q1FY27 compared to Q4FY26 and Q3FY26. OPM was 12.93% in Q1FY27, down from 14.06% in the prior quarter but up from 9.3% in Q2FY26. The trend indicates improving operational efficiency over the last two quarters, though profitability dipped slightly in the latest quarter.

📄 View Original Announcement (PDF)

📊 Stock Analysis — BHARATRAS ✨ Ask AI About This

About Bharat Rasayan Ltd (BHARATRAS)

Chemicals · Agro Chemicals · Listed on BSE

Market Cap: ₹2,049.96 Cr P/E: 9.0 ROE: 12.7% ROCE: 15.9% Div Yield: 0.04%

View full BHARATRAS stock details →

📡 Get AI alerts when BHARATRAS files next

Free • Daily 5 PM digest • Track filings, board meetings, and corporate actions

Track BHARATRAS — Free

💡 Ask AI about this filing

"What is the expected timeline for completing the restructuring?" "How will the restructuring impact the company's financial ratios?" "What is the projected dividend amount for FY2026?"

Ask AI Free →

📊 More BHARATRAS filings

See all BHARATRAS filings →

🔥 Also filed on 31 August 2026

526159 Nikhil Adhesives Ltd Annual Report VIDHIING Vidhi Specialty Food Ingredients Ltd Annual Report 544855 Prima Innovation Ltd Annual Report TICL Twamev Construction & Infrastructure Ltd Annual Report TICL Twamev Construction & Infrastructure Ltd Annual Report TI Tilaknagar Industries Ltd Annual Report

View all today's announcements →

Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

Editorial & Data Transparency Notice

This analysis was programmatically compiled using StockFin AI utilizing official regulatory disclosures from the BSE and NSE. Content is automatically synthesized and audited against public financial filings. StockFin.ai is an educational research platform and is NOT a SEBI-registered investment advisor or research analyst.

📡 Get AI alerts when BHARATRAS files new disclosures

Track BHARATRAS filings, board meetings, and corporate actions. Free email alerts at 5 PM.