In This Article:
I’ve been keeping an eye on Bharat Rasayan Limited (NSE:BHARATRAS) because I’m attracted to its fundamentals. Looking at the company as a whole, as a potential stock investment, I believe BHARATRAS has a lot to offer. Basically, it is a company with great financial health as well as a a great history of performance. Below, I’ve touched on some key aspects you should know on a high level. If you’re interested in understanding beyond my high-level commentary, read the full report on Bharat Rasayan here.
Outstanding track record with excellent balance sheet
Over the past year, BHARATRAS has grown its earnings by 94%, with its most recent figure exceeding its annual average over the past five years. This strong performance generated a robust double-digit return on equity of 36%, which is an notable feat for the company. BHARATRAS is financially robust, with ample cash on hand and short-term investments to meet upcoming liabilities. This suggests prudent control over cash and cost by management, which is an important determinant of the company’s health. BHARATRAS appears to have made good use of debt, producing operating cash levels of 0.22x total debt in the prior year. This is a strong indication that debt is reasonably met with cash generated.
Next Steps:
For Bharat Rasayan, I’ve compiled three fundamental factors you should look at:
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Future Outlook: What are well-informed industry analysts predicting for BHARATRAS’s future growth? Take a look at our free research report of analyst consensus for BHARATRAS’s outlook.
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Valuation: What is BHARATRAS worth today? Is the stock undervalued, even when its growth outlook is factored into its intrinsic value? The intrinsic value infographic in our free research report helps visualize whether BHARATRAS is currently mispriced by the market.
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Other Attractive Alternatives : Are there other well-rounded stocks you could be holding instead of BHARATRAS? Explore our interactive list of stocks with large potential to get an idea of what else is out there you may be missing!
To help readers see past the short term volatility of the financial market, we aim to bring you a long-term focused research analysis purely driven by fundamental data. Note that our analysis does not factor in the latest price-sensitive company announcements.
The author is an independent contributor and at the time of publication had no position in the stocks mentioned. For errors that warrant correction please contact the editor at editorial-team@simplywallst.com.