Bharat Seats Approves Rs. 86.61 Crore Capex, Recommends Dividend, and Elects New Whole Time Director
Bharat Seats Limited successfully concluded its Board of Directors meeting on May 6, 2026, approving the Annual Financial Statements for the year ended March 31, 2026, and recommending a dividend payout. The board also approved substantial capital expenditure for new programs at its plants and recommended the re-appointment of Mr. Rishabh Relan as a Whole Time Director.During the board meeting, the company considered and approved key corporate developments, including the Draft Notice for the 39th Annual General Meeting, scheduled for Friday, July 24, 2026.
Financial Performance Review
The board took note of the audited financial results for the quarter and the financial year ended March 31, 2026. The company also accepted the Unmodified Opinion report from Statutory Auditors, M/s S.R. Batliboi & Co., LLP, Chartered Accountants.The company approved a capital expenditure of approximately Rs. 86.61 crores earmarked for new programs for Maruti Suzuki India Limited at its Kharkhoda and Gujarat Navyani plants.
The board recommended a dividend of 75%, amounting to Rs. 1.50 per equity share on the face value of Rs. 2 per share, for the financial year ended March 31, 2026. The record date for the dividend has been set as July 17, 2026.
Financial Results Summary
The comprehensive financial performance figures for the quarter and the full year ended March 31, 2026, are summarized below (Rs. in lakhs).Statement of Audited Financial Results for the Quarter and Year Ended March 31, 2026
| Particulars | Quarter Ended 31.03.2026 (Audited) | Year Ended 31.03.26 (Audited) |
|---|---|---|
| Revenue from operations | 57,427.78 | 1,95,095.14 |
| Other Income | 57.33 | 358.57 |
| Total income | 57,485.11 | 1,29,241.04 |
| Total expenses | 55,633.40 | 1,24,851.43 |
| Profit before exceptional item & tax | 1,851.71 | 5,897.63 |
| Profit before tax | 1,851.71 | 5,760.26 |
| Total tax expense | 526.40 | 1,537.14 |
| Profit for the period / year | 1,325.31 | 4,223.12 |
| Total Comprehensive Income for the period/year | 1,316.77 | 4,201.52 |
Balance Sheet Snapshot
The company's financial position as of March 31, 2026, shows total assets of Rs. 73,665.04 lakhs, an increase from Rs. 64,770.38 lakhs recorded in the previous year.Statement of Assets and Liabilities (Rs. in lakhs)
| Component | As at March 31, 2026 (Audited) | As at March 31, 2025 (Audited) |
|---|---|---|
| Total Assets | 73,665.04 | 64,770.38 |
| Total Equity | 22,965.99 | 19,455.27 |
| Total Non-current Liabilities | 10,141.91 | 12,457.49 |
| Total Current Liabilities | 40,557.14 | 32,857.62 |
| TOTAL EQUITY AND LIABILITIES | 73,665.04 | 64,770.38 |
Cash Flow Highlights
According to the statement of cash flows, the net cash flow from operating activities reached Rs. 10,670.87 lakhs for the year ended March 31, 2026, compared to Rs. 9,614.41 lakhs in the previous year.Statement of Cash Flows (Rs. in lakhs)
| Activity | For the year ended 31st March, 2026 (Audited) | For the year ended 31st March, 2025 (Audited) |
|---|---|---|
| Net cash flow from operating activities | 10,670.87 | 9,614.41 |
| Net cash flow used in investing activities | (4,720.21) | (6,811.25) |
| Net cash flow used in financing activities | (4,715.38) | (2,528.21) |
| Net increase in cash and cash equivalents | 1,235.28 | 274.95 |
Governance and Appointments
The board also considered and recommended the re-appointment of Mr. Rishabh Relan as Whole Time Director for another term of three years. The appointment period is set from February 4, 2027, to February 3, 2030. Mr. Rishabh Relan is son of the Chairman & Managing Director, Rohit Relan.In addition, the board considered and approved the Revised CSR Policy of the Company.
BHARATSE Stock Price Movement
As of 11:13 AM, shares of Bharat Seats Limited are shedding momentum in live trading, slipping 4.74% and currently trading at ₹194.65. The stock sees notable institutional interest, marked by a total traded volume of 113,219 shares.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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