Bharat Seats

Gurugram, India Founded: 1986 • Age: 40 yrs Listed
Seating systems and interior components for vehicles are manufactured.
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About Bharat Seats

Bharat Seats is a publicly listed company based in Gurugram (India) founded in 1986. Seating systems and interior components for vehicles are manufactured. It operates on a B2B2C model. The company has 451 employees. Its chief executive, as recorded, is Rohit Relan. Its Indian entity Bharat Seats Limited reported revenue of ₹1,956 Cr. Bharat Seats offers products and services including Seats, NVH Products, Body Sealing Parts, and Metal Range. Its focus areas include Automotive, Auto Components and Seating Systems. Its competitors include Mayur Uniquoters and Pinnacle Industries.

Company details

Bharat Seats Limited is involved in the production of seating systems for automotive and surface transport sectors. Components such as NVH products, body sealing parts, and metal ranges for two-wheelers are also manufactured. The company operates as a joint venture with Maruti Suzuki, Suzuki Motor Corporation, and Rohit Relan Associates. Solutions are provided for four-wheelers, two-wheelers, and railways, ensuring customer-centric quality and innovation in the automotive industry.

  • Headquarters Gurugram, India
  • Employees 451
  • Stage Public
  • Sectors
    Transportation, Automotive & Logistics
  • Phone
    •••• ••••
  • Website bharatseats.com
  • Social LinkedIn
  • Legal Name Bharat Seats Limited
Operational Areas
Transportation, Automotive & Logistics → Automotive Manufacturing & Components
Key Metrics
  • Market Cap
    ₹1,267 Cr

    BHARATSE · NSE

  • Share Price
    ₹195.62

    -3.02% today

  • Revenue
    ₹1,951 Cr

    FY 2025-26 · +51.4% YoY

  • EBITDA
    ₹97.80 Cr

    Margin 5.0%

  • Net Profit
    ₹43.35 Cr

    FY 2025-26 · +33.3% YoY

  • P/E (TTM)
    24.4x

    P/B 5.2x

  • ROE
    19.9%

    ROCE 19.6%

  • Debt / Equity
    0.62

    Interest cover 16.3x

  • Employee Count
    451

Products & Services of Bharat Seats

Bharat Seats offers a comprehensive portfolio of products and services, including Seats, NVH Products, Body Sealing Parts, and Metal Range.

Seats
Automotive Components

Seats are manufactured for various vehicle types.

NVH Products
Automotive Components

NVH products are made for noise reduction solutions.

Body Sealing Parts
Automotive Components

Body sealing parts are produced for vehicle protection.

Metal Range
Automotive Components

Metal components are crafted for two-wheeler frames.

Board of directors of Bharat Seats Limited (Bharat Seats)

Bharat Seats Limited is the primary company behind Bharat Seats. The board of Bharat Seats Limited currently have 10 directors; the longest-serving is Rohit Relan, appointed in 1986. 21 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Rohit Relan
DIN 00257572
Managing Director06 Mar 198640 yrs 7 moBharat Seats Limited
Venkat Raman Challa
DIN 07093663
Nominee Director18 Jul 201511 yrs 3 moBharat Seats Limited
Rishabh Relan
DIN 07726444
Whole-time director04 Feb 20215 yrs 8 moBharat Seats Limited
Nisha Malhotra
DIN 09428727
Director28 Jan 20224 yrs 9 moBharat Seats Limited
Makoto Kunieda
DIN 10260765
Nominee Director04 Aug 20233 yrs 2 moBharat Seats Limited
Sanjay Bhattacharyya
DIN 10449854
Director01 Apr 20242 yrs 7 moBharat Seats Limited
Sudhir Maheshwari
DIN 00649505
Director01 Apr 20242 yrs 7 moBharat Seats Limited
Vanita Chhabra
DIN 02161276
Director15 May 20242 yrs 5 moBharat Seats Limited
Rajiv Arora
DIN 07976398
Whole-time director02 Aug 20242 yrs 3 moBharat Seats Limited
Sarthak Behuria
DIN 03290288
Director25 Sep 20242 yrs 1 moBharat Seats Limited

People of Bharat Seats

1 people are tracked at Bharat Seats (1 in leadership); the tracked headcount is 451.

NameRoleGroup
Rohit Relan
CEO & MDLeadership
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IPO & Listings of Bharat Seats

Bharat Seats is a publicly listed company on the NSE with ticker symbol BHARATSE in India, operating in the Producer manufacturing sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

  • IPO date07 Sep 2001
  • Listed onBSE: 523229
  • Listed entityBharat Seats Limited
  • Exchange sectorProducer manufacturing
  • ISININE415D01024
  • Share price₹209.18 (-0.93% on the day) · 2026-10-14
  • Market capitalisation₹1,329 Cr
  • Price to earnings28.4
  • EPS (diluted, trailing year)₹7.37
  • Dividend yield0.71%
  • Volume (last session)61,690

Financials of Bharat Seats

Exchange-reported figures of Bharat Seats Limited, the listed company behind Bharat Seats (NSE: BHARATSE).

Financial Highlights

FY 2025-26 · Standalone
Revenue
₹1,951 Cr
+51.4% YoY
EBITDA
₹97.80 Cr
+29.6% YoY
Profit After Tax
₹43.35 Cr
+33.3% YoY
Net Worth
₹230 Cr
+18.0% YoY
Total Assets
₹343 Cr
-1.5% YoY
Total Debt
₹110 Cr
-27.5% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue1,9511,2891,0671,051818548589
Revenue growth+51.4%+20.8%+1.5%+28.6%+49.3%-7.0%-
EBITDA97.8075.4560.8046.2332.1626.8535.82
EBITDA margin+5.0%+5.9%+5.7%+4.4%+3.9%+4.9%+6.1%
Profit before tax57.6243.8933.6029.6215.926.6512.22
Net profit43.3532.5124.9121.5411.904.5912.58
Net profit margin+2.2%+2.5%+2.3%+2.1%+1.5%+0.8%+2.1%
EPS (₹)6.725.217.986.863.791.533.99
Balance sheet
Total assets343348327213167152155
Net worth230195167146127117113
Total debt11015216065.7338.9335.1639.80
Cash & bank15.473.120.371.211.131.151.21
Net working capital(32.45)(31.34)(8.28)(6.30)9.71(10.04)(16.54)
Cash flow
Cash from operations10796.1456.7442.5415.6218.7527.66
Cash from investing(47.20)(68.11)(72.63)(59.07)(14.66)(12.24)(33.89)
Cash from financing(47.15)(25.28)15.7216.82(1.60)(6.56)(2.60)
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue709578574491459427393306
Revenue growth (YoY)+54.7%+35.3%+46.2%+60.3%+57.8%+42.9%--
Other income0.861.070.570.952.691.071.280.65
Total expenses677550545467436405370288
EBITDA31.8728.1929.6623.7622.6421.7222.7018.58
EBITDA margin+4.5%+4.9%+5.2%+4.8%+4.9%+5.1%+5.8%+6.1%
Depreciation9.849.359.279.029.067.946.766.64
Interest2.262.192.452.232.992.502.102.31
Profit before tax20.6317.7218.5113.4613.2812.3515.1210.28
Tax5.424.515.263.553.393.173.742.69

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 01 Nov 2026
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue709578574491459427393306
Revenue growth (YoY)+54.7%+35.3%+46.2%+60.3%+57.8%+42.9%--
Other income0.861.070.570.952.691.071.280.65
Total expenses677550545467436405370288
EBITDA31.8728.1929.6623.7622.6421.7222.7018.58
EBITDA margin+4.5%+4.9%+5.2%+4.8%+4.9%+5.1%+5.8%+6.1%
Depreciation9.849.359.279.029.067.946.766.64
Interest2.262.192.452.232.992.502.102.31
Profit before tax20.6317.7218.5113.4613.2812.3515.1210.28
Tax5.424.515.263.553.393.173.742.69
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue1,9511,2891,0671,051818548589
Revenue growth+51.4%+20.8%+1.5%+28.6%+49.3%-7.0%-
Other income5.283.594.544.095.272.052.08
Total expenses1,8531,2131,0061,005785521553
Employee cost65.5853.1544.8940.5535.6124.4931.67
EBITDA97.8075.4560.8046.2332.1626.8535.82
EBITDA margin+5.0%+5.9%+5.7%+4.4%+3.9%+4.9%+6.1%
Depreciation35.2926.2424.0017.0717.6117.9822.46
Interest10.178.917.743.633.904.273.22
Profit before tax57.6243.8933.6029.6215.926.6512.22
Tax15.3711.208.538.094.001.84(0.30)
Net profit43.3532.5124.9121.5411.904.5912.58
Net profit margin+2.2%+2.5%+2.3%+2.1%+1.5%+0.8%+2.1%
EPS (₹)6.725.217.986.863.791.533.99
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital12.5612.566.286.286.286.286.28
Reserves & surplus217182161140121110107
Shareholders' funds (net worth)230195167146127117113
Secured loans27.6240.3348.7927.254.6510.8611.27
Unsecured loans82.4811211138.4834.2824.3028.53
Total debt11015216065.7338.9335.1639.80
Total liabilities343348327213167152155
Assets
Gross block646533501400340304317
Net block356283276199147126150
Capital work in progress11.8489.5748.8311.967.7830.1422.12
Investments0.000.000.000.000.000.000.00
Inventories60.2555.4539.7328.8452.9929.7020.57
Sundry debtors26319710396.5111182.6036.09
Cash & bank balances15.473.120.371.211.131.151.21
Loans & advances16.417.3619.425.198.848.693.99
Total current assets35626316313217412261.86
Total current liabilities38829417113816413278.40
Net working capital(32.45)(31.34)(8.28)(6.30)9.71(10.04)(16.54)
Total assets343348327213167152155
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash2.960.210.370.080.720.789.60
Net cash from operating activities10796.1456.7442.5415.6218.7527.66
Net cash from investing activities(47.20)(68.11)(72.63)(59.07)(14.66)(12.24)(33.89)
Net cash from financing activities(47.15)(25.28)15.7216.82(1.60)(6.56)(2.60)
Net change in cash12.352.75(0.17)0.29(0.64)(0.05)(8.83)
Closing cash15.473.120.371.211.131.151.21
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+51.4%+20.8%+1.5%+28.6%+49.3%-7.0%-
EBITDA growth+29.6%+24.1%+31.5%+43.8%+19.8%-25.0%-
PBT growth+31.3%+30.6%+13.4%+86.1%+139.4%-45.6%-60.9%
Net income growth+33.3%+30.5%+15.7%+81.0%+159.3%-63.5%-
Revenue CAGR (3Y)+22.9%+16.4%+24.9%+21.3%-3.3%-17.4%-11.2%
EBITDA CAGR (3Y)+28.4%+32.9%+31.3%+8.9%-13.4%-25.4%-1.0%
Profitability & leverage
Net income margin+2.2%+2.5%+2.4%+2.1%+1.5%+0.9%+2.1%
Return on capital employed+19.6%+15.7%+15.3%+17.5%+12.4%+7.1%+10.6%
Return on net worth+19.9%+18.1%+16.0%+15.8%+9.8%+4.2%+11.5%
Debt / equity0.620.860.720.380.300.330.31
Long-term debt / equity0.490.650.490.260.250.240.23
Interest cover16.2718.1121.0312.4526.8048.1424.10
Efficiency & per share
Fixed asset turnover3.312.492.372.842.541.771.92
Inventory turnover33.7227.0831.1225.6919.7821.7927.72
Debtors turnover8.488.5910.6810.148.469.2310.33
EPS (₹)6.725.217.986.863.791.533.99
Dividend per share (₹)1.501.101.601.400.800.500.50
Book value per share (₹)36.5730.9853.1346.6040.4937.1436.08

Competitors of Bharat Seats

Bharat Seats has 2 listed competitors in our database. They include Mayur Uniquoters and Pinnacle Industries.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
Mayur Uniquoters
mayuruniquoters.com1994Jaipur, India39
Manufacturer and supplier of artificial leather and PVC vinyl to tier 1 and OEMs
Pinnacle Industries
pinnacleindustries.com1996Pune, India1,137
Automobile seating and interiors systems are manufactured and designed.
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Detailed competitors of Bharat Seats

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Web traffic of Bharat Seats

The website of Bharat Seats (bharatseats.com) receives about 8K visits a month.

  • Monthly visits
    8K

    ▼ 1.3% vs previous month

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••••••••••••••••.com••%•.•M#•••••–
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All 13 similar websites and full traffic analytics for Bharat Seats

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Top companies in Automotive Manufacturing & Components

3 companies that operate in the same segment as Bharat Seats (Automotive Manufacturing & Components) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
SEDEMAC
Electrical and electronic parts for automobiles are provided by SEDEMAC.
2007Pune, Maharashtra, IndiaUSD 26.22 MUSD 32.69 M415
Mahindra Last Mile Mobility
Manufacturer of petrol, CNG, diesel and electric last mile mobility 3 & 4 wheelers, passenger, and cargo vehicles
1994Mumbai, Maharashtra, IndiaUSD 137.89 MUSD 17.06 B33,980
Greenfuel Energy Solutions
Lithium-ion batteries for electric vehicles are manufactured across categories.
2006Gurugram, Haryana, IndiaUSD 34.18 M177
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Related news about Bharat Seats

BHARATSE: Q2 SL NET PROFIT 152M RUPEES VS 99M (YOY)
Exchange Update • 6 days ago
BHARATSE: Q2 EBITDA 318M RUPEES VS 226.4M (YOY); Q2 EBITDA MARGIN 4.5% VS 4.94% (YOY)
Exchange Update • 6 days ago
BHARATSE: Q2 REVENUE 7.09B RUPEES VS 4.59B (YOY)
Exchange Update • 6 days ago
Bharat Seats: Appoints Maruti Suzuki's Vipin Garg As Nominee Director And Rico Auto's Arvind Kapur As Independent Director.
Exchange Update • 24 days ago
Bharat Seats June-Quarter Profit 132.1 Million Rupees
Reuters • 3 months ago
Bharat Seats shares gain 4% after Q1 profit rises 44%, revenue climbs 35% - CNBC TV18
CNBCTV18 • 3 months ago
Bharat Seats gains as Q1 PAT jumps 44% YoY to Rs 13 crore | Capital Market News - Business Standard
Business Standard • 3 months ago
Bharat Seats standalone net profit rises 43.90% in the June 2026 quarter | Capital Market News - Business Standard
Business Standard • 3 months ago
Bharat Seats Gets Total Tax Demand Of 27.1 Million Rupees
Reuters • 4 months ago
Bharat Seats Approved Capex Of About 866.1 Million Rupees For New Programmes Of Maruti Suzuki India
Reuters • 6 months ago
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Frequently Asked Questions about Bharat Seats

Bharat Seats was founded in 1986.

Bharat Seats is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.

Rohit Relan is the CEO of Bharat Seats, as recorded in our data.

Bharat Seats has 451 employees.

The primary company behind Bharat Seats, Bharat Seats Limited, reported revenue of ₹1,956 Cr for FY 2026, up 51% year on year.

Bharat Seats Limited is involved in the production of seating systems for automotive and surface transport sectors. Components such as NVH products, body sealing parts, and metal ranges for two-wheelers are also manufactured. The company operates as a joint venture with Maruti Suzuki, Suzuki Motor Corporation, and Rohit Relan Associates. Solutions are provided for four-wheelers, two-wheelers, and railways, ensuring customer-centric quality and innovation in the automotive industry.

Bharat Seats's top competitors include Pinnacle Industries and Mayur Uniquoters.

Bharat Seats offers Seats, NVH Products, Body Sealing Parts, and Metal Range.

Yes, Bharat Seats is publicly traded on NSE under the ticker symbol BHARATSE.

Bharat Seats operates through Bharat Seats Limited.

The legal entities of Bharat Seats currently have 12 directors, including Rohit Relan, Nisha Malhotra, Ritu Bakshi and others.

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