Bartronics India Ltd
NSE: ASMS BSE: 532694
Incorporated in 1990, Bartronics India Ltd provides Automatic Identification & Data Capture (AIDC) solutions[1]
₹7.47
52W: ₹6.93 — ₹17.6
PE 57 · Book ₹0.97 · +670% vs bookMarket Cap₹227 Cr
Stock P/E57Price to Earnings
ROCE1.42%Return on Capital
ROE0.91%Return on Equity
Div. Yield0%Face Value ₹1
Strengths
- +Company is almost debt free.
- +Company is expected to give good quarter
Weaknesses
- −Stock is trading at 7.67 times its book value
- −Promoter holding has decreased over last quarter: -1.87%
- −The company has delivered a poor sales growth of -9.55% over past five years.
- −Contingent liabilities of Rs.115 Cr.
- −Earnings include an other income of Rs.2.02 Cr.
Shareholding Pattern
Promoters67.5%
FIIs1.67%
DIIs0.22%
Public30.62%
| Category | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters | 89.75% | 85.57%▼4.2 | 81.29%▼4.3 | 75%▼6.3 | 75% | 69.37%▼5.6 | 69.37% | 67.5%▼1.9 |
| FIIs | 0% | 0% | 3.19%▲3.2 | 3.97%▲0.8 | 1.36%▼2.6 | 1.68%▲0.3 | 1.68% | 1.67%▼0.0 |
| DIIs | 0.22% | 0.22% | 0.22% | 0.22% | 0.22% | 0.22% | 0.22% | 0.22% |
| Public | 10.03% | 14.22%▲4.2 | 15.3%▲1.1 | 20.81%▲5.5 | 23.43%▲2.6 | 28.74%▲5.3 | 28.74% | 30.62%▲1.9 |
Financial Statements
| Metric | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 12.43 | 11.92 | 12.41 | 13.57 | 8.85 | 8.71 | 8.91 | 8.83 | 12.4 | 48.34 |
| Expenses | 12.82 | 12.1 | 12.56 | 13.34 | 8.91 | 9.08 | 9.01 | 9.65 | 11.7 | 45.75 |
| Operating Profit | -0.39 | -0.18 | -0.15 | 0.23 | -0.06 | -0.37 | -0.1 | -0.82 | 0.7 | 2.59 |
| OPM % | -3.14% | -1.51% | -1.21% | 1.69% | -0.68% | -4.25% | -1.12% | -9.29% | 5.65% | 5.36% |
| Net Profit | -0.99 | -0.06 | 1.98 | 0.89 | 0.25 | -0.33 | 0.93 | 0.45 | 1 | 2.45 |
| EPS ₹ | -0.03 | 0 | 0.07 | 0.03 | 0.01 | -0.01 | 0.03 | 0.01 | 0.03 | 0.08 |
AI Insights
Revenue Trend
TTM revenue at ₹78.48Cr, up 96% YoY. OPM at 3.02%.
Debt Position
Borrowings at ₹0.17Cr. Debt-to-equity ratio: N/Ax. High leverage — monitor closely.
Institutional Flow
DIIs: 0.22% (+0.00pp change). FIIs: 1.67% (+1.67pp change). Promoters hold 67.5%.
Margin & Efficiency
ROCE improving from -6.31% (Sep 2013) to 1.42% (Mar 2025). Working capital days: -6.65.
Valuation
PE 57x with 1.42% ROCE. Price is 670% above book value of ₹0.97. Dividend yield: 0%.
Recent Announcements
- Announcement under Regulation 30 (LODR)-Press Release / Media Release 15 May - ASMS signed MoU with BITS Pilani to co-develop a rural digital ecosystem for 40 million people.
- Announcement under Regulation 30 (LODR)-Press Release / Media Release 29 Apr - ASMS and Huwel announce upcoming launch of Cubo RT-PCR diagnostics platform on April 29, 2026.
- Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 28 Apr
- Announcement under Regulation 30 (LODR)-Press Release / Media Release 27 Apr - ASMS and Huwel onboard Singapore partner to expand Quantiplus across Southeast Asia.
- Announcement under Regulation 30 (LODR)-Press Release / Media Release 21 Apr - ASMS and KiVi begin agri-fintech groundwork in Maharashtra’s Supa and Patas villages.
- Financial Year 2025 from bse
- Financial Year 2024 from bse
- Financial Year 2023 from bse