Bhartiya International Ltd

Bhartiya International Limited announced that its 39th Annual General Meeting will be held on Monday, 28th September, 2026, at 11:00 A.M. IST via Video Conferencing or Other Audio-Visual Means, with a record date for voting and attendance set for Monday, 21st September, 2026, and a book closure from Tuesday, 22nd September, 2026, to Monday, 28th September, 2026.

Bhartiya International Ltd share price softened by 1.80% to Rs 815.05 after the company's net profit plunged by 302.51% to Rs 17.76 crore, while revenue from operations increased 19.22% to Rs 372.8 crore in Q2FY26 over Q1FY26. The market capitalization of Leather And Leather Products industry group stocks on BSE stood at Rs 6653.85 crore, easing 9.27%. It has slipped by 2.41% over last one week and crept higher by 5.72% in last one month while the market capitalization of Bhartiya International Ltd has inched up 0.39% and 12.03% in the same period respectively. Profit before tax (PBT) of Bhartiya International Ltd stood at Rs 23.04 crore in Q2 FY26, jumping 166.05% year-on-year, and crashing by 474.03% quarter-on-quarter. EBITDA came in at Rs 34 crore, surging by 30.33% YoY and rallying 43.83% sequentially. Total expenses went up by 15.31% to Rs 341.06 crore in Q2FY26 over Q2FY25. During the quarter, cost of materials consumed stood at Rs 200.37 crore, witnessing a sharp rise of 74.17% YoY, while employee benefits expense was at Rs 24.49 crore, seeing a marginal contraction of 6.46% YoY. For the TTM ended FY26, revenue from operations soared by 32.38% to Rs 1029.26 crore, while net profit jumped 7715% to Rs 15.63 crore, compared to previous TTM. EBITDA jumped by 7152% to Rs 85.98 crore, and PBT soared 259.51% to Rs 24.95 crore compared to previous TTM. The company's consolidated net cash flow from operating activities stood at Rs 44.3 crore in FY26, as against Rs 65.79 crore in FY25. Bhartiya International Ltd retreated by 7.37% in last one year, significantly underperforming the benchmark BSE Sensex which has softened by 2.83% during the same period.

Bhartiya International Limited will hold a board meeting on August 13, 2026, at 12:00 noon (IST) to consider and approve the unaudited financial results (standalone and consolidated) for the quarter ended June 30, 2026, as stipulated under Regulation 29(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Net loss of Bhartiya International reported to Rs 8.78 crore in the quarter ended March 2026 as against net profit of Rs 14.92 crore during the previous quarter ended March 2025. Sales rose 29.68% to Rs 312.70 crore in the quarter ended March 2026 as against Rs 241.14 crore during the previous quarter ended March 2025. For the full year,net profit declined 14.18% to Rs 13.44 crore in the year ended March 2026 as against Rs 15.66 crore during the previous year ended March 2025. Sales rose 31.94% to Rs 1358.02 crore in the year ended March 2026 as against Rs 1029.26 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales312.70241.14 30 1358.021029.26 32 OPM %4.217.80 -7.608.78 - PBDT1.2323.06 -95 55.8350.70 10 PBT-6.1616.64 PL 29.0224.95 16 NP-8.7814.92 PL 13.4415.66 -14 Powered by Capital Market - Live

Bhartiya International will hold a meeting of the Board of Directors of the Company on 29 May 2026.

The agency has reaffirmed the company's long-term rating and short-term rating at 'IND BBB' and 'IND A2', respectively. India Ratings and Research stated that it had previously placed the rating on 'Rating Watch with Negative Implications', due to uncertainty over the impact of the US tariff on the company's operations. The agency had resolved the 'Rating Watch' in view of the reduction in the tariff to 18% from 50% and the improvement in the company's operating performance in 9M FY26. The affirmation reflects the continued growth in BIL's revenue during FY25-9MFY26, and India Ratings' expectation of a sustained increase in the same in the medium term. The ratings also factor in an improvement in the credit metrics in FY25, and the likelihood of continued improvement in the same in the medium term. Furthermore, the EBITDA margins increased in 9M FY26, and are likely to see further improvement in the medium term. The ratings are supported by BIL's established market position and strong customer relationships. However, the ratings are constrained by BIL's elongated working capital cycle due to the integrated nature of operations, multi-location manufacturing base, and seasonality in sales and raw leather availability. Bhartiya International (BIL) exports leather garments and accessories to the US, Italy, France, Spain, and Austria, among others. BIL sources leather from India, Europe, the Middle East, Latin America and other Asia Pacific counties. The company has manufacturing facilities in Bengaluru (Karnataka), Chennai (Tamil Nadu) and Nellore (Andhra Pradesh) with a design studio in Milan via its 100%-owned Italian subsidiary, Ultima S.A. The company had reported a consolidated net profit of Rs 6.70 crore in the quarter ended December 2025 as against net loss of Rs 1.51 crore during the previous quarter ended December 2024. Sales rose 39.16% to Rs 365.95 crore in Q3 FY26 as compared with Q3 FY25. Powered by Capital Market - Live

Net profit of Bhartiya International reported to Rs 6.70 crore in the quarter ended December 2025 as against net loss of Rs 1.51 crore during the previous quarter ended December 2024. Sales rose 39.16% to Rs 365.95 crore in the quarter ended December 2025 as against Rs 262.97 crore during the previous quarter ended December 2024. ParticularsQuarter EndedDec. 2025Dec. 2024% Var. Sales365.95262.97 39 OPM %7.846.62 - PBDT16.866.80 148 PBT10.360.26 3885 NP6.70-1.51 LP Powered by Capital Market - Live

Bhartiya International will hold a meeting of the Board of Directors of the Company on 11 February 2026.Powered by Capital Market - Live

Net profit of Bhartiya International rose 29.30% to Rs 9.93 crore in the quarter ended September 2025 as against Rs 7.68 crore during the previous quarter ended September 2024. Sales rose 34.97% to Rs 399.40 crore in the quarter ended September 2025 as against Rs 295.91 crore during the previous quarter ended September 2024. ParticularsQuarter EndedSep. 2025Sep. 2024% Var. Sales399.40295.91 35 OPM %8.879.62 - PBDT22.6218.17 24 PBT16.1611.77 37 NP9.937.68 29 Powered by Capital Market - Live

Bhartiya International will hold a meeting of the Board of Directors of the Company on 6 November 2025.Powered by Capital Market - Live