Bharat Rasayan share price today

Bharat Rasayan Ltd's share price was ₹966.45 at the close on 4 November 2026. It has been falling for 44 weeks. That is 32.8% below its average price over the last 200 trading days. In the last 52 weeks it traded between ₹932 and ₹2,744, and at that close it sat 2% of the way up from that low.

A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). Today Bharat Rasayan Ltd is in stage 4. The phase helps read everything below.

Over the past 13 weeks it has done worse than the NIFTY 500, and it has been behind for 25 weeks running.

Over the last 11 years the share price moved +344% while the NIFTY 500 moved +251%, so it is ahead of the index over that whole period. It was last ahead over 13 weeks in the week of 10 June 2026. The chart above shows the 13-week comparison for every week.

This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.

Three changes stood out: revenue fell in the June 2026 quarter, indian funds and insurers (DIIs) cut their stake for 4 quarters in a row and number of shareholders up 50% in a year.

1. Revenue fell in the June 2026 quarter

   Revenue was ₹338 crore, -10.3% on a year earlier (₹377 crore), after 2 quarters of growth.

2. Indian funds and insurers (DIIs) cut their stake for 4 quarters in a row

   From 2.8% to 1.7% of the company by the September 2026 quarter.

3. Number of shareholders up 50% in a year

   23,084 shareholders in the September 2026 quarter, against 15,388 a year earlier.

For April to June 2026 (the quarter ended 30 June 2026), Bharat Rasayan reported revenue of ₹338 crore, down 10.3% from ₹377 crore a year earlier, and a profit of ₹37.0 crore, down 7.5% from ₹40.0 crore.

Bharat Rasayan results: April to June 2026 against a year earlier

The next results, for July to September 2026, are due by 14 November 2026: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter).

From the company's reported quarterly results (quarter ended 30 June 2026). Revenue and profit in ₹ crore.

Bharat Rasayan closed at ₹966.45 on 4 November 2026, down 64.8% from ₹2,744.25 a year earlier (7 November 2025) and down 62.4% over five years. Its highest weekly close since March 2016 was ₹3,520.72 on 22 April 2022.

Bharat Rasayan share price: then and now

Weekly closing prices, adjusted for splits and bonuses so every price is on today’s share count. Each change is the move from that price to the 4 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes.

563 weekly closes from 11 March 2016 to 4 November 2026.

4 Nov 2026: Bharat Rasayan closed at ₹966.45, up 3.7% on the week and down 3.2% on the month. 17 Sep 2026: ex-date for a dividend of ₹0.50 a share.

Earlier

• Results for April to June 2026: Revenue down 10.3% and profit down 7.5% on a year earlier.
• 12 Dec 2025: Share split: face value cut from ₹10 to ₹5 a share (ex-date).
• 12 Dec 2025: Bonus issue: 1 new share for every 1 held (ex-date).

Bharat Rasayan paid ₹0.50 a share in regular dividends in the 12 months to 5 November 2026 (1 payment), a yield of 0.05% at the ₹966.45 close on 4 November 2026. The last was a dividend of ₹0.50 a share, ex-date 17 September 2026.

Bharat Rasayan dividends since 1 April 2021

Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date. The record date is the same day as the ex-date for every payment here.

Yes. Bharat Rasayan Ltd paid out 1% of its profit as dividends in FY26, and it paid a dividend in 3 of its last 8 reported years.

From the NSE corporate-actions record, read 5 November 2026.

Bharat Rasayan is on one of our India lists: 52 week high & low.

Bharat Rasayan Ltd earned ₹37.0 Cr of net profit in the Jun 2026 quarter, −7.5% on the same quarter a year earlier. Full-year FY26 profit was ₹146 Cr. Over 7 years profit has grown 3.9% a year on average. That is 10.9% of the quarter's revenue. The same quarter a year earlier earned ₹40.0 Cr.

Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.

For the full year, FY26 profit was ₹146 Cr (+3.5% on the year before).

Why profit moved: revenue changed −10.3% on a year earlier and the margin moved −3.0 percentage points. Sales did the work while the margin got thinner.

On average over the last four quarters, profit changed +7.4% and revenue −4.3%. Profit is growing faster than sales: fixed costs are spread over more sales, so each extra rupee of revenue adds more to profit.

Bharat Rasayan Ltd reported ₹338 Cr of revenue in the Jun 2026 quarter, −10.3% on the same quarter a year earlier. Over 7 years it has grown 3.3% a year on average. The last full year, FY26, came in at ₹1,240 Cr. The last four reported quarters add to ₹1,202 Cr.

Revenue is everything the company billed its customers in the period.

FY26 revenue was ₹1,240 Cr, +5.9% on the year before.

Recent pace: the last four quarters grew −4.3% on average, against 3.3% a year over the longer run, so this year is growing slower than its own long-run rate.

Is growth speeding up? Revenue over the last 12 months grew −5.2%, against +5.1% a year over the last 8 quarters (rolling over); profit over the last 12 months grew +3.6%, against +4.5% a year (stabilising).

Bharat Rasayan Ltd's operating margin was 15.0% in the Jun 2026 quarter, 3.0 percentage points lower than the same quarter a year ago. Across 8 years it has been between 11.0% and 22.0%. The latest quarter is within that range.

Operating margin is what is left from every ₹100 of sales after the costs of running the business, before interest and tax. It shows pricing power and cost control.

Why the margin moved: operating margin changed −3.3 percentage points on the year while gross margin changed −0.5 points. So the drop came mostly from costs below the gross margin, such as staff and overheads, measured against sales.

Over the last 3 years, 90% of Bharat Rasayan Ltd's reported profit came in as cash from its operations, so the profit is backed by cash. In FY26 it brought in ₹132 Cr of operating cash against ₹146 Cr of profit. After ₹73.0 Cr of spending on assets, ₹59.0 Cr was left over as free cash.

The profit and loss account shows what was earned. The cash-flow statement shows the cash that actually came in. Comparing operating cash flow with profit is one of the best checks that a profit is real.

Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year.

Why 90% of profit came in as cash: the cash cycle got 63 days longer between FY21 and FY26, so more of each rupee of profit waits in the business before it arrives.

What to look at next: the bigger use of cash is spending on new assets, at 1.7× depreciation over three years. The next section checks what that spending is building.

Bharat Rasayan Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 219 days in FY26, up from 156 days in FY21. It spent ₹135 Cr on assets over the last 3 years. Customers take 113 days to pay, and stock sits for 150 days on average.

Working capital is the cash tied up between paying suppliers and getting paid. Debtor days: how long customers take to pay. Inventory days: how long stock sits. The cash cycle: the whole loop, in days of sales.

At FY26 sales of ₹1,240 Cr, each day of that cycle ties up about ₹3.4 Cr, so roughly ₹744 Cr is tied up in the business at any time.

FY26: customers took 113 days to pay and stock sat for 150 days, about 4.9 months of sales sitting as stock, for a full cycle of 219 days, longer than FY21's 156.

The full loop: cash goes out to suppliers and production on day 0. Stock sits for 150 days. Customers pay about 113 days after that. Suppliers are paid at 44 days. Together that makes the 219-day cycle.

Spending on assets: ₹135 Cr over the last 3 years, against ₹79.0 Cr of depreciation (the yearly wear and tear on existing assets). So it is building well beyond replacing what wears out. Work still in progress is ₹46.0 Cr (FY26): assets paid for that are not earning yet.

In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns.

Bharat Rasayan Ltd's P/E is 10.9×, about the lowest it has ever been. Its usual P/E (the middle reading) is 27.7×, over 6.3 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth.

P/E is the share price divided by a year's profit per share: how many rupees the market pays for each rupee of yearly profit.

The P/E here, and its history, use a profit figure that can leave out one-off items, so it can differ from a P/E worked out on the quarterly results. Those results' earnings per share for the four quarters to Jun 2026 add up to ₹86.23.