About Bharat Seats Limited
Data last updated: 22 December 2025
Bharat Seats Limited is a public limited company based in New Delhi, Delhi, India. It specialises in auto parts and components, a part of the broader automotive sector. Incorporated on 06 March 1986, the company has been in operation for over 40 years.
Registered with ROC Delhi under CIN L34300DL1986PLC023540. Listed on BSE: 523229.
Capital: an authorised share capital of ₹15 Cr and a paid-up capital of ₹12.56 Cr. It is led by directors including Makoto Kunieda and Nisha Malhotra.
Last AGM: 09 July 2025. Financial statements filed for year ended 31 March 2025. Office: 1 Nelson Mandela Road Vasant Kunj, New Delhi, Delhi, India – 110070.
As per the financials filed for FY 2025, the company reported a revenue of ₹1,292.41 Cr, a growth of 21% compared to the previous year.
The company has a workforce of approximately 415 employees as per the latest available data.
The company is associated with 1 brand - Bharat Seats. As per MCA filings, the company has open charges of ₹145.2 Cr and satisfied charges of ₹318.09 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website bharatseats.com.
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Email*****@*****.com
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Telephone+91-****-******
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Website
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Social Media
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Registered Address1 Nelson Mandela Road Vasant Kunj, New Delhi, Delhi, India – 110070
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IndustryAutomotive, Auto Parts & Components
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Associated Brands with Bharat Seats Limited
Bharat Seats Limited operates one associated brand: Bharat Seats. These brands represent Bharat Seats Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Seating systems and interior components for vehicles are manufactured. | bharatseats.com |
Competitors & Alternatives of Bharat Seats Limited
Brands and companies operating in the same space as Bharat Seats Limited include Adient, Pinnacle Industries, Antolin and 6 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
Adient
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Automotive seats and components are manufactured for OEMs. | Plymouth, United States, United States | 2016 |
Pinnacle Industries
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Automobile seating and interiors systems are manufactured and designed. | Pune, India, India | 1996 |
Antolin
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Automobile interior parts are manufactured by Antolin in Spain. | Burgos, Spain, Spain | 1950 |
Grammer
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Interior components are manufactured and supplied to aftermarket sectors. | Amberg, Germany, Germany | 1880 |
Mayur Uniquoters
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Manufacturer and supplier of artificial leather and PVC vinyl to tier 1 and OEMs | Jaipur, India, India | 1994 |
Grupo Antolin
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Manufacturer and supplier of interior auto components for tier 1, tier 2, OEMs | Burgos, Spain, Spain | 2004 |
Exco Technologies
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Automotive interior trim components are manufactured and supplied for vehicles. | Markham, Canada, Canada | 1952 |
Sage Automotive Interiors
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Automotive interior fabrics and components are manufactured and supplied. | Greenville, United States, United States | 2009 |
Dr. Schneider Holding
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Provider of car interior products | Neuses, Germany, Germany | 1927 |
Business Activity of Bharat Seats Limited
Bharat Seats Limited is engaged in the principal business activity of manufacturing, with detailed activities including motor vehicles, trailers, semi trailers and other transport vehicles.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C11 | Motor vehicles, trailers, semi trailers and other Transport Vehicles | ********* |
Auditor Details of Bharat Seats Limited
Bharat Seats Limited is audited by SR Batliboi & Co LLP (ICAI peer reviewed, certificate valid till 2027-07-31) for the financial year 2026, as reported in its NSE exchange filings. The statutory auditor is responsible for expressing an independent opinion on whether the financial statements present a true and fair view in accordance with applicable accounting standards.
| Name | Financial year | Audit opinion |
|---|---|---|
| SR Batliboi & Co LLP (ICAI peer reviewed, certificate valid till 2027-07-31) | FY 2026 | Declaration of unmodified opinion |
Board of Directors of Bharat Seats Limited
Bharat Seats Limited is currently managed by 13 directors, with 27 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
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Makoto Kunieda
Also directs:
Marelli Powertrain India Private Limited
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Nominee Director | 04 Aug 2023 | 2 Years 11 Months | Current |
| Nisha Malhotra | Director | 28 Jan 2022 | 4 Years 5 Months | Current |
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Rajiv Arora
Also directs:
Ndr Hayashi Automotive India Private Limited
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Ceo | 02 Aug 2024 | 1 Years 11 Months | Current |
| Sanjay Bhattacharyya | Director | 01 Apr 2024 | 2 Years 3 Months | Current |
|
Vanita Chhabra
Also directs:
Ndr Auto Components Limited, Williams-Sonoma India Private Limited
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Director | 15 May 2024 | 2 Years 1 Months | Current |
|
Sarthak Behuria
Also directs:
Dr Shekhar Srivastav Robotic Llp, The Supreme Industries Limited, Bls International Services Limited and 4 more
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Director | 25 Sep 2024 | 1 Years 9 Months | Current |
Financials of Bharat Seats Limited FY 2026 filings available
Bharat Seats Limited reported revenue of ₹1,950.95 Cr (up 51.37% YoY) for FY 2026. Profit growth despite declining revenue indicates effective cost management and margin discipline.
| Metrics | FY 2026 | FY 2025 |
|---|---|---|
| Revenue from Operations | ₹1,950.95 Cr | ₹1,288.82 Cr |
| Other Income | ₹5.28 Cr | ₹3.59 Cr |
| Total Income | ₹1,956.23 Cr | ₹1,292.41 Cr |
| Cost of Materials Consumed | ₹1,654.38 Cr | ₹1,079.65 Cr |
| Purchases of Stock-in-Trade | ₹27.21 Cr | ₹1.53 Cr |
| Changes in Inventories | -₹2.17 Cr | -₹61.1 Lakh |
| Employee Benefit Expense | ₹65.58 Cr | ₹53.15 Cr |
| Finance Costs | ₹10.17 Cr | ₹8.91 Cr |
| Depreciation & Amortisation | ₹35.29 Cr | ₹26.24 Cr |
| Other Expenses | ₹106.8 Cr | ₹79.65 Cr |
| Total Expenses | ₹1,897.26 Cr | ₹1,248.51 Cr |
| Profit Before Exceptional Items & Tax | ₹58.98 Cr | ₹43.9 Cr |
| Exceptional Items | -₹1.37 Cr | ₹0 |
| Profit Before Tax | ₹57.6 Cr | ₹43.9 Cr |
| Total Tax Expense | ₹15.37 Cr | ₹11.2 Cr |
| Net Profit | ₹42.23 Cr | ₹32.7 Cr |
| Other Comprehensive Income | -₹21.6 Lakh | ₹5 Lakh |
| Total Comprehensive Income | ₹42.02 Cr | ₹32.75 Cr |
| EBITDA (computed) | ₹104.44 Cr | ₹79.04 Cr |
| Basic EPS | ₹6.72 | ₹5.21 |
| Diluted EPS | ₹6.72 | ₹5.21 |
| Metrics | FY 2026 | FY 2025 |
|---|---|---|
| Total Assets | ₹736.65 Cr | ₹647.7 Cr |
| Non-current Assets | ₹381.07 Cr | ₹385.12 Cr |
| Current Assets | ₹355.58 Cr | ₹262.58 Cr |
| Property, Plant & Equipment | ₹299.62 Cr | ₹215.04 Cr |
| Inventories | ₹60.25 Cr | ₹55.45 Cr |
| Trade Receivables | ₹263.45 Cr | ₹196.65 Cr |
| Cash & Equivalents | ₹15.31 Cr | ₹2.96 Cr |
| Equity (Net Worth) | ₹229.66 Cr | ₹194.55 Cr |
| Equity Share Capital | ₹12.56 Cr | ₹12.56 Cr |
| Borrowings (Non-current) | ₹37.5 Cr | ₹50.22 Cr |
| Borrowings (Current) | ₹12.71 Cr | ₹29.71 Cr |
| Total Debt (computed) | ₹50.22 Cr | ₹79.93 Cr |
| Current Liabilities | ₹405.57 Cr | ₹328.58 Cr |
| Total Liabilities | ₹506.99 Cr | ₹453.15 Cr |
| Metrics | FY 2026 | FY 2025 |
|---|---|---|
| Operating Cash Flow | ₹106.71 Cr | ₹96.14 Cr |
| Investing Cash Flow | -₹47.2 Cr | -₹68.11 Cr |
| Financing Cash Flow | -₹47.15 Cr | -₹25.28 Cr |
| Capital Expenditure | ₹50.95 Cr | ₹69.85 Cr |
| Free Cash Flow (computed) | ₹55.76 Cr | ₹26.29 Cr |
| Dividends Paid | ₹6.91 Cr | ₹5.02 Cr |
| Net Change in Cash | ₹12.35 Cr | ₹2.75 Cr |
| Metrics | Q4 FY26 | Q3 FY26 | Q2 FY26 | Q1 FY26 | Q4 FY25 |
|---|---|---|---|---|---|
| Revenue from Operations | ₹574.28 Cr | ₹491.01 Cr | ₹458.6 Cr | ₹427.06 Cr | ₹392.91 Cr |
| Other Income | ₹57.33 Lakh | ₹94.89 Lakh | ₹2.69 Cr | ₹1.07 Cr | ₹1.28 Cr |
| Total Income | ₹574.85 Cr | ₹491.96 Cr | ₹461.3 Cr | ₹428.13 Cr | ₹394.19 Cr |
| Cost of Materials Consumed | ₹490.23 Cr | ₹414.41 Cr | ₹381.17 Cr | ₹368.57 Cr | ₹331.53 Cr |
| Purchases of Stock-in-Trade | ₹8.93 Cr | ₹7.47 Cr | ₹10.81 Cr | ₹0 | ₹1.53 Cr |
| Changes in Inventories | ₹50.93 Lakh | -₹32.46 Lakh | ₹1.31 Cr | -₹3.66 Cr | ₹95.13 Lakh |
| Employee Benefit Expense | ₹17.48 Cr | ₹16.44 Cr | ₹16.03 Cr | ₹15.63 Cr | ₹14.2 Cr |
| Finance Costs | ₹2.45 Cr | ₹2.23 Cr | ₹2.99 Cr | ₹2.5 Cr | ₹2.1 Cr |
| Depreciation & Amortisation | ₹9.27 Cr | ₹9.02 Cr | ₹9.06 Cr | ₹7.94 Cr | ₹6.76 Cr |
| Other Expenses | ₹27.47 Cr | ₹27.88 Cr | ₹26.65 Cr | ₹24.8 Cr | ₹22 Cr |
| Total Expenses | ₹556.33 Cr | ₹477.13 Cr | ₹448.01 Cr | ₹415.79 Cr | ₹379.06 Cr |
| Profit Before Exceptional Items & Tax | ₹18.52 Cr | ₹14.83 Cr | ₹13.29 Cr | ₹12.34 Cr | ₹15.13 Cr |
| Exceptional Items | ₹0 | -₹1.37 Cr | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | ₹18.52 Cr | ₹13.45 Cr | ₹13.29 Cr | ₹12.34 Cr | ₹15.13 Cr |
| Total Tax Expense | ₹5.26 Cr | ₹3.55 Cr | ₹3.39 Cr | ₹3.17 Cr | ₹3.74 Cr |
| Net Profit | ₹13.25 Cr | ₹9.9 Cr | ₹9.9 Cr | ₹9.18 Cr | ₹11.39 Cr |
| Other Comprehensive Income | -₹8.54 Lakh | -₹15.8 Lakh | ₹1.37 Lakh | ₹1.37 Lakh | ₹17.64 Lakh |
| Total Comprehensive Income | ₹13.17 Cr | ₹9.74 Cr | ₹9.92 Cr | ₹9.19 Cr | ₹11.56 Cr |
| EBITDA (computed) | ₹30.24 Cr | ₹26.08 Cr | ₹25.33 Cr | ₹22.79 Cr | ₹23.99 Cr |
| Basic EPS | ₹2.11 | ₹1.58 | ₹1.58 | ₹1.46 | ₹1.81 |
| Diluted EPS | ₹2.11 | ₹1.58 | ₹1.58 | ₹1.46 | ₹1.81 |
Shareholding Pattern of Bharat Seats Limited
As per the shareholding pattern filed with NSE for the quarter ended Mar 2026, promoters hold 74.66%, foreign institutional investors hold 0.15%, domestic institutional investors hold 0.22%, retail and other public shareholders hold 24.97% of Bharat Seats Limited. The company had 29,712 shareholders on record.
| Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | |
|---|---|---|---|---|---|
| Promoters | 74.66% | 74.66% | 74.66% | 74.66% | 74.59% |
| Public | 25.34% | 25.34% | 25.34% | 25.34% | 25.41% |
| Mar 2026 | Mar 2025 | |
|---|---|---|
| Promoters | 74.66% | 74.59% |
| Public | 25.34% | 25.41% |
| Promoter change (YoY, %pts) | +0.07 | - |
Board & Governance of Bharat Seats Limited
As per the corporate governance filing with NSE for the quarter ended 31-MAR-2026, the board of Bharat Seats Limited has 10 directors - 5 independent and 3 executive. The board is chaired by Rohit Relan.
| Director | Position | On board since | Listed boards |
|---|---|---|---|
| Rohit Relan | Executive Director · MD · Chairperson | 1986-03-06 | 2 |
| Makoto Kunieda | Non-Executive - Non Independent Director | 2023-08-04 | 1 |
| Raman Venkat Challa | Non-Executive - Non Independent Director | 2015-07-18 | 1 |
| Nisha Malhotra | Non-Executive - Independent Director | 2022-01-28 | 1 |
| Sanjay Bhattacharyya | Non-Executive - Independent Director | 2024-04-01 | 1 |
| Sudhir Maheshwari | Non-Executive - Independent Director | 2024-04-01 | 1 |
| Vanita Chhabra | Non-Executive - Independent Director | 2024-05-15 | 2 |
| Sarthak Behuria | Non-Executive - Independent Director | 2024-09-25 | 3 |
| Rishabh Relan | Executive Director | 2021-02-04 | 2 |
| Rajiv Arora | Executive Director · CEO | 2024-08-02 | 1 |
| Committee | Members |
|---|---|
| Audit Committee | Sudhir Maheshwari (Chairperson), Sanjay Bhattacharyya, Nisha Malhotra, Rishabh Relan |
| Nomination and remuneration committee | Sanjay Bhattacharyya (Chairperson), Nisha Malhotra, Sudhir Maheshwari, Vanita Chhabra |
| Stakeholders Relationship Committee | Sarthak Behuria (Chairperson), Nisha Malhotra, Vanita Chhabra, Sudhir Maheshwari |
| Corporate Social Responsibility Committee | Nisha Malhotra (Chairperson), Vanita Chhabra, Sanjay Bhattacharyya, Sarthak Behuria |
| Securities Allotment Committee | Rohit Relan (Chairperson), Rajiv Arora, Nisha Malhotra, Sudhir Maheshwari |
Group Structure of Bharat Seats Limited
Bharat Seats Limited has 2 joint ventures. This group structure data is as of FY 2023. The corporate group structure reflects Bharat Seats Limited's business expansion strategy and organizational complexity.
Charges & Borrowings of Bharat Seats Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 12 Mar 2024 | Others | ₹30 Cr | Open |
| 13 Feb 2024 | Hdfc Bank Limited | ₹30 Cr | Open |
| 23 Mar 2023 | Others | ₹20 Cr | Open |
| 12 Mar 2022 | Others | ₹37.6 Cr | Open |
| 06 Jun 2017 | Hdfc Bank Limited | ₹27.6 Cr | Open |
Total charge records: 31 View all charges
Employees and EPFO Compliance at Bharat Seats Limited
Bharat Seats Limited has a workforce of 415 employees as of Apr 04, 2024.
Employee Count & EPFO Data of Bharat Seats Limited
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GST Compliance of Bharat Seats Limited
GSTIN & GST Filing Data of Bharat Seats Limited
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Credit Ratings, Litigation & Regulatory Alerts for Bharat Seats Limited
Credit Ratings, Legal Cases & Regulatory Alerts of Bharat Seats Limited
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MSME Payment Delays by Bharat Seats Limited
MSME Payment Delays by Bharat Seats Limited
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Subsidiaries & Group Companies of Bharat Seats Limited
Subsidiaries & Group Companies of Bharat Seats Limited
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MCA Filings & Documents of Bharat Seats Limited
MCA Filings & Documents of Bharat Seats Limited
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Recent Activity on Bharat Seats Limited
Frequently Asked Questions about Bharat Seats Limited
Bharat Seats Limited is an active public limited company in the automotive sector based in New Delhi, Delhi, India. It was incorporated on 06 March 1986 (40+ years old) and is registered under CIN L34300DL1986PLC023540. Listed on BSE: 523229. The company has 415 employees.
Bharat Seats Limited reported revenue of ₹1,292.41 Cr for FY 2025 (up 21.00% YoY).
The current directors of Bharat Seats Limited are:
- Makoto Kunieda
- Nisha Malhotra
- Vinod Kumar
- Rajiv Arora
- Sanjay Bhattacharyya
- Vanita Chhabra
- Sarthak Behuria
- Ritu Bakshi
- Rishabh Relan
- Sudhir Maheshwari
- Raman Venkat Challa
- Rohit Relan
- Rajiv Arora
The primary industry of Bharat Seats Limited is automotive. The company specifically operates in auto parts and components. The company is currently active in this sector.
Yes. Bharat Seats Limited is listed on BSE with code 523229.
Bharat Seats Limited can be reached at the registered office: 1 Nelson Mandela Road Vasant Kunj, New Delhi, Delhi, India – 110070, or through the website bharatseats.com.