Bhatia Communications & Retail (India) Limited

BSE: BHATIA · Speciality Retail

—
52W Range₹18 – ₹42

Snapshot

Unlock Bhatia Communications & Retail (India) Limited's vital signs

Growth · Profitability · Valuation · Strength · Conviction

Company Overview

Business

Bhatia Communications & Retail (India) Limited operates a prominent retail and wholesale network specializing in mobile handsets and consumer electronics. The company has scaled its operations from a single outlet to a widespread network of 340 stores across multiple states.

Business Model

The company generates revenue primarily through the retail and wholesale trade of mobile handsets and consumer electronics via its extensive network of company-owned and franchise-operated stores.

  • Total Stores:340
  • Company-Owned Stores:337
  • Franchise-Operated Stores:3

Management Commentary

Management continues to focus on expanding the retail footprint beyond its core stronghold in Gujarat into neighbouring regions like Maharashtra and Rajasthan.

Growth Outlook

Near-term growth is anchored by geographic expansion into new markets such as Maharashtra, where the company already operates 53 stores, and upcoming penetration into Rajasthan.

  • Stores in Maharashtra:53

Key Risks

  • Geographic Concentration. A significant portion of operations and revenue remains concentrated in Gujarat, exposing the company to regional economic and competitive headwinds.
  • Intense Competition. The mobile handset and consumer electronics retail sector faces fierce competition from both established physical retailers and growing e-commerce platforms.
  • Expansion Execution Risk. Rapid scaling into new geographic territories like Rajasthan may introduce unforeseen operational and logistical challenges.

Start your research today

Unlock AI insights, financials, peers and live data on Bhatia Communications & Retail (India) Limited and 5,000+ companies — free.

Start your research

Key Metrics

REVENUE

₹670 Cr

TTM · standalone

+49.0%YoY

NET PROFIT

₹20 Cr

TTM · standalone

+45.5%YoY

EPS

₹1.51

TTM · standalone

+37.3%YoY

RETURN ON EQUITY

18.1%

TTM · standalone

+2.6 ppYoY

RETURN ON CAPITAL EMPLOYED

20.6%

TTM · standalone

+2.1 ppYoY

P/E

24.4x

Q1 FY27 · standalone

24.4 vs 31.7x5Y avg

EV/EBITDA

16.9x

Q1 FY27 · standalone

16.9 vs 34.2x5Y avg

EBITDA MARGIN

4.9%

TTM · standalone

-0.1 ppYoY

NET PROFIT MARGIN

3.6%

Q1 FY27 · standalone

+0.4 ppYoY

DEBT TO EQUITY

0.0%

Q1 FY27 · standalone

-0.2 ppYoY

Peers · Speciality Retail

CompanyMkt CapP/EEV/EBITDARev Gr YoYEBITDA MgnROEROCE1Y Return
Bhatia Communications & Retail (India) LimitedBHATIA
₹554 Cr24.3816.8549.0%4.9%18.1%20.6%+22.8%
Baazar Style Retail LimitedSTYLEBAAZA
₹2,821 Cr58.4710.8834.9%14.9%11.0%12.2%-2.3%
Go Fashion (India) LimitedGOCOLORS
₹1,670 Cr29.526.41-1.5%30.8%7.7%10.8%-56.9%
Sai Silks (Kalamandir) LimitedKALAMANDIR
₹1,227 Cr8.024.484.8%16.6%11.4%14.3%-52.1%
Credo Brands Marketing LimitedMUFTI
₹479 Cr10.582.65-2.7%27.0%10.2%12.8%-36.2%
City Pulse Multiventures LimitedCPML
₹77 Cr———76.5%——-96.7%

As of Q1 FY27

Financials