Integrated Filing — IndAS



General information about company

Scrip Code 526666
NSE Symbol BIL
MSEI Symbol NOTLISTED
ISIN INE828A01016
Name of company BHARTIYA INTERNATIONAL LIMITED
Type of company Main Board
Class of security Equity
Date of start of financial year 01-04-2025
Date of end of financial year 31-03-2026
Date of board meeting when results were approved 11-02-2026
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 04-02-2026
Description of presentation currency INR
Level of rounding used in financial results Lakhs
Reporting Type Quarterly
Reporting Quarter Third quarter
Nature of report standalone or consolidated Consolidated
Whether results are audited or unaudited for the quarter ended Unaudited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Unaudited
Segment Reporting Single segment
Description of single segment Fashion Apparels and Accessories including Intermediaries
Start date and time of board meeting 11-02-2026   12:00:00
End date and time of board meeting 11-02-2026   14:20:00
Whether cash flow statement is applicable on company
Type of cash flow statement
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion



Financial Results Ind-AS

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-10-2025 01-04-2025
B Date of end of reporting period 31-12-2025 31-12-2025
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Consolidated Consolidated
1 Income
Revenue from operations 36,595.19 1,04,531.64
Other income 68.57 184.38
Total income 36,663.76 1,04,716.02
2 Expenses
(a) Cost of materials consumed 15,114.14 49,514.52
(b) Purchases of stock-in-trade 5,397.95 15,003.62
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade 1,743.21 (1,625.46)
(d) Employee benefit expense 2,117.62 5,917.28
(e) Finance costs 1,254.69 3,724.53
(f) Depreciation, depletion and amortisation expense 650.45 1,942.70
(f) Other Expenses
1 Manufacturing Expenses 5,776.08 16,765.80
2 Legal And Professional Charges 535.15 1,490.36
3 Repair & Maintainence 467.83 1,136.46
4 Freight on Exports 712.23 1,621.90
5 Other Expenses 1,863.19 5,118.42
Total other expenses 9,354.48 26,132.94
Total expenses 35,632.54 1,00,610.13
3 Total profit before exceptional items and tax 1,031.22 4,105.89
4 Exceptional items 0.00 0.00
5 Total profit before tax 1,031.22 4,105.89
6 Tax expense
7 Current tax 309.19 1,362.77
8 Deferred tax 56.39 (66.80)
9 Total tax expenses 365.58 1,295.97
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0.00 0.00
11 Net Profit Loss for the period from continuing operations 665.64 2,809.92
12 Profit (loss) from discontinued operations before tax 0.00 0.00
13 Tax expense of discontinued operations 0.00 0.00
14 Net profit (loss) from discontinued operation after tax 0.00 0.00
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 4.33 (587.99)
16 Total profit (loss) for period 669.97 2,221.93
17 Other comprehensive income net of taxes 32.75 16.05
18 Total Comprehensive Income for the period 702.72 2,237.98
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent 669.91 2,221.63
Total profit or loss, attributable to non-controlling interests 0.06 0.30
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent 702.66 2,237.68
Total comprehensive income for the period attributable to owners of parent non-controlling interests 0.06 0.30
21 Details of equity share capital
Paid-up equity share capital 1,341.04 1,341.04
Face value of equity share capital 10 10
27 Details of debt securities
22 Reserves excluding revaluation reserve
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 5.09 16.87
Diluted earnings (loss) per share from continuing operations 5.06 16.79
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0 0
Diluted earnings (loss) per share from discontinued operations 0 0
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 5.09 16.87
Diluted earnings (loss) per share from continuing and discontinued operations 5.06 16.79
24 Debt equity ratio
25 Debt service coverage ratio
26 Interest service coverage ratio
27 Disclosure of notes on financial results Textual Information(1)



Disclosure of notes on financial results

Textual Information(1) 1. The above Consolidated unaudited financial results were reviewed by the Audit Committee and subsequently approved by the Board of Directors of the Company in their meeting held on 11th February, 2026.The Statutory Auditors of the Company have carried out a limited review of aforesaid results. 2. The Group includes the following entities: Relationship Name of the Entities Subsidiaries (a) Bhartiya Global Marketing Ltd. (b) J&J Leather Enterprises Ltd. (c) Bhartiya International SEZ Ltd. (d) Bhartiya Urban Infrastructure Ltd. (e) Bhartiya Fashion Retail Ltd. (f) Ultima S.A. (g) Design Industry Ltd. (h) Design Industry China Ltd. (i) Ultima Italia SRL (J) World Fashion Trade Ltd. Associates (a) Bhartiya Urban Pvt. Ltd. (b)Tada Mega Leather Cluster Pvt. Ltd. 3.These results have been prepared in accordance with the Indian Accounting Standards (Ind AS) prescribed under section 133 of the Companies Act,2013 and other recognised accounting practices and policies to the extent applicable. 4.The Company operates in a Single Business Segment-Fashion Apparels and Accessories including Intermediaries as per Ind AS 108-Operating Segment Accordingly no further segment disclosures are required. 5.The Company has assessed the financial impact arising from the implementation of the New Labour Codes. Although the impact is not material, the same has been recognised in the financial results for the quarter and nine months ended 31st December, 2025. The Company has presented the impact under the head Employee Benefit Expenses amounting to Rs. 187.59 lakhs in the standalone financial results for the quarter and nine months period under review. The Company continues to monitor further developments and any additional impact, if identified, will be evaluated and accounted for appropriately. 6.Ultima SA, a wholly owned subsidiary of Bhartiya International Limited and based in Switzerland, incorporated its wholly owned subsidiary named Ultima Fashions UK Ltd, in the United Kingdom on 16th January, 2026 to support Company’s business operations in UK. Consequently, the Company indirectly holds 100% of the shareholding in the said newly incorporated wholly owned step-down subsidiary. 7.Figures for the previous periods have been regrouped/ reclassified /restated wherever considered necessary. 8.The financial results for the quarter and nine months ended 31st December, 2025 are being published in the newspaper as per the format prescribed under Reg. 33 of SEBI (LODR), Regulations, 2015. The Financial Results are also available on the Company's website www.bhartiya.com and websites of BSE and NSE.



Remarks

Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Format for Reporting Segment wise Revenue, Results and Capital Employed along with the company results

Amount in (Lakhs)

Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-10-2025 01-04-2025
Date of end of reporting period 31-12-2025 31-12-2025
Whether results are audited or unaudited Unaudited Unaudited
Nature of report standalone or consolidated Consolidated Consolidated
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
Total Segment Revenue
Less: Inter segment revenue
Revenue from operations
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
Total Profit before tax
i. Finance cost
ii. Other Unallocable Expenditure net off Unallocable income
Profit before tax
3 (Segment Asset - Segment Liabilities)
Segment Asset
Total Segment Asset
Un-allocable Assets null null
Net Segment Asset null null
4 Segment Liabilities
Segment Liabilities
Total Segment Liabilities
Un-allocable Liabilities null null
Net Segment Liabilities null null
Disclosure of notes on segments



Other Comprehensive Income

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-10-2025 01-04-2025
B Date of end of reporting period 31-12-2025 31-12-2025
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Consolidated Consolidated
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
1 Items that will not be reclassified to Profit or Loss 43.72 21.31
Total Amount of items that will not be reclassified to profit and loss 43.72 21.31
2 Income tax relating to items that will not be reclassified to profit or loss 10.97 5.26
3 Amount of items that will be reclassified to profit and loss
Total Amount of items that will be reclassified to profit and loss
4 Income tax relating to items that will be reclassified to profit or loss 0.00 0.00
5 Total Other comprehensive income 32.75 16.05





Details of Impact of Audit Qualification

Amount in (Lakhs)

Whether results are audited or unaudited Unaudited
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion
Auditor's opinion
Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015: The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified opinion for the period on Standalone results Yes
Sr No. Audit firm's name Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI Certificate valid upto
1 M/s A S Poddar& Associates Yes 31-03-2028