Case study

BHARATRAS

Bharat Rasayan Limited

Worth a closer look1y model +2.2%

Each stock's 10,000-path forecast, rendered as light.

60Score

Bharat Rasayan Limited (BHARATRAS) Stock Analysis & Case Study

Is BHARATRAS a good buy? The data-driven verdict.

Bharat Rasayan Limited (BHARATRAS) trades at ₹1,358,on the numbers it worth a closer look, a Downstox Snapshot Score of 60/100.

On the numbers, Bharat Rasayan Limited (BHARATRAS) worth a closer look, a Downstox Snapshot Score of 60/100, weighing inexpensive at 14.1× earnings, ROE of 13.3%, a 52% model probability of trading higher in a year. Below: the full bull case, bear case, sector-relative valuation, and a probability-weighted price target for 2027-2031.

Last updated . Data snapshot for research, not investment advice.

BHARATRAS fundamentals at a glance, PE, PB, ROE, ROCE, market cap, dividend yield

Market cap
₹2,257 Cr
Current price
₹1,358
P/E ratio
14.1×
P/B ratio
1.77×
Book value
₹767
Dividend yield
0.03%
ROCE
17.4%
ROE
13.3%
Piotroski F-Score
5/8

How BHARATRAS ranks against the 2,373 companies in our screener

We do not hold 3-year revenue growth or debt-to-equity ratio figures for BHARATRAS, as of 9 Aug 2026, so those are not ranked here.

Is BHARATRAS overvalued? BHARATRAS P/E vs peers

BHARATRAS trades at 14.1× earnings. We don't have a verified sector peer group for this stock yet, so no sector peer median or peer comparison table is shown here. Showing one anyway would compare it against an arbitrary set of large-cap names, not real sector peers.

BHARATRAS share price target 2027, 2028, 2029, 2030, 2031, a probability view

Unlike a single guessed number, this is a probability-weighted range from a 10,000-path Monte-Carlo simulation on 9.8y of BHARATRAS history (16%/yr drift, 45%/yr volatility).

YearLow (P10)Median target (P50)High (P90)Upside vs today
BHARATRAS 2027₹778₹1,388₹2,475+2%
BHARATRAS 2028₹609₹1,418₹3,299+4%
BHARATRAS 2029₹522₹1,449₹4,020+7%
BHARATRAS 2030₹451₹1,480₹4,865+9%
BHARATRAS 2031₹401₹1,513₹5,700+11%

Median (P50) is the central estimate; the P10-P90 band is the 80% confidence range. Probabilities, not promises.

What is the probability BHARATRAS goes up, or doubles?

52%
Higher in 1 year
Modelled chance the price is above today in 12 months
54%
Higher in 5 years
Modelled chance the price is above today in 5 years
28%
Doubles in 5 years
Modelled chance of reaching ₹2,716 within 5 years

The bull case for BHARATRAS

  • BHARATRAS's P/E of 14.1x is lower than 76% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
  • BHARATRAS's return on equity of 13.3% ranks in the 65th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
  • Upside scenario: the model's optimistic (P90) 3-year path reaches ₹4,020.

The bear case & risks

  • High historical volatility (45%/yr) means a wide, bumpy range of outcomes, size positions accordingly.
  • Downside scenario: the model's pessimistic (P10) 3-year path falls to ₹522.

BHARATRAS volatility & expected range, how bumpy is the ride?

Over the last 9.8 years BHARATRAS compounded at 16%/year with annualized volatility of 45%. That volatility implies a 1-year 80% range of ₹778-₹2,475, the honest backbone behind any single price target.

BHARATRAS price forecast, the full 60-month probability fan

Spot Price · Today
₹0
Based on 9.8 years of daily NSE data ·0.0% annualised volatility
5-yr median forecast
₹0
P(price ↑ in 5y)
0%
1-Year Forecast
2027
₹0
Median (P50)
2.2%
80% range₹778-₹2,475
P(price ↑)52%
P(price 2×)7%
3-Year Forecast
2029
₹0
Median (P50)
6.7%
80% range₹522-₹4,020
P(price ↑)53%
P(price 2×)21%
5-Year Forecast
2031
₹0
Median (P50)
11.4%
80% range₹401-₹5,700
P(price ↑)54%
P(price 2×)28%

BHARATRAS price probability fan

Each band shows where 10,000 simulated paths land. The wider the fan, the more uncertainty.

Probability Fan
BHARATRAS simulated paths · 60 months · 10,000 trials
P10-P90 (80%)P25-P75 (50%)Median (P50)

Probability of key outcomes

What are the odds BHARATRAS hits common targets within the simulated horizon?

0%
P(↑ 1Y)
Above today's price in 1 year
0%
P(↑ 5Y)
Above today's price in 5 years
0%
P(2×)
Doubles within 5 years
0%
P(↓)
Falls below today in 5 years

Full multi-horizon detail on the BHARATRAS price target & forecast page.

BHARATRAS Piotroski F-Score: 5/8, how financially strong is it?

5/8

The Piotroski F-Score grades financial strength on profitability, leverage and efficiency checks. Downstox scores the eight checks it can verify from published filings, so 8 is full marks. BHARATRAS scores 5/8, mixed financial health.

BHARATRAS MTF margin & leverage across 10 brokers

Margin Trading Facility lets you buy BHARATRAS with part of the capital. Lower margin % = higher leverage. Rates compared across 10 brokers (no competitor publishes this):

BrokerMargin requiredApprox. leverage
Upstox35.00%2.9×
ZerodhaCHEAPEST34.94%2.9×
Groww35.06%2.9×
Dhan35.00%2.9×
Kotak Neo100.00%1.0×
Pocketful35.44%2.8×
Fyers50.00%2.0×
Anand RathiCHEAPEST34.94%2.9×
Bajaj Broking40.00%2.5×
Share India35.06%2.9×

Compare every broker on the BHARATRAS MTF page.

About Bharat Rasayan Limited: sector, index & market-cap context

Bharat Rasayan Limited (BHARATRAS) is a small-cap NSE-listed company, with a market capitalisation of ₹2,257 Cr. See more stocks on our screener.

How the BHARATRAS Snapshot Score & forecast are built

The Downstox Snapshot Score is a transparent, rules-based read of Bharat Rasayan Limited's public fundamentals plus a statistical forecast, not an analyst opinion. It rewards low-to-fair valuation, high ROE/ROCE, a strong Piotroski F-Score, a dividend, low volatility and a favourable probability of upside; it penalises rich valuations, weak capital efficiency, a low F-Score and high volatility. The price target is a 10,000-path Monte-Carlo simulation on real historical volatility, a distribution, not a single guess. The bull and bear cases are generated from the same data, so you always see both sides.

This is information, not investment advice. Do your own due diligence and consult a SEBI-registered adviser before investing.

BHARATRAS analysis, FAQs

Is Bharat Rasayan Limited (BHARATRAS) a good buy?

On the numbers, Bharat Rasayan Limited (BHARATRAS) worth a closer look, a Downstox Snapshot Score of 60/100, weighing inexpensive at 14.1× earnings, ROE of 13.3%, a 52% model probability of trading higher in a year. This is a data snapshot for research, not investment advice.

Is BHARATRAS overvalued or undervalued?

BHARATRAS trades at 14.1× earnings, inexpensive versus the ~22× long-run Nifty average.

What is the BHARATRAS share price target for 2031?

BHARATRAS's probability-weighted 2031 median target is ₹1,513, with an 80% range of ₹401-₹5,700 (10,000-path Monte-Carlo).

What is the probability BHARATRAS doubles in 5 years?

The modelled probability of BHARATRAS reaching ₹2,716 (2×) within 5 years is 28%.

What is the bull case for BHARATRAS?

BHARATRAS's P/E of 14.1x is lower than 76% of the 2,373 NSE companies in our screener, as of 9 Aug 2026. BHARATRAS's return on equity of 13.3% ranks in the 65th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.

What are the risks in BHARATRAS?

High historical volatility (45%/yr) means a wide, bumpy range of outcomes, size positions accordingly.

More on BHARATRAS