Bhatia Communications & Retail (India) Ltd

Bhatia Communications & Retail (India) Ltd – Company Report


1. Company Overview


Bhatia Communications & Retail (India) Ltd, founded in 2008 and headquartered in Surat, Gujarat, is a well-established player in the Indian consumer electronics retail and wholesale distribution market. The company primarily operates in South Gujarat, where it runs a vast network of owned and franchised retail outlets. Bhatia Communications specializes in mobile handsets, tablets, data cards, mobile accessories, televisions, and other home electronics and appliances. The company employs over 150 staff and has steadily expanded its presence over the years, operating approximately 193 owned retail stores and 10 franchised outlets as of July 2025. The business is managed by Sanjeev Bhatia, who serves as the company’s Managing Director.

  • Incorporated: March 25, 2008
  • Headquarters: Surat, Gujarat, India
  • Core Focus: Retail and wholesale of mobile phones, electronics, appliances
  • Managing Director: Sanjeev Bhatia
  • Employees: 153
  • Market Capitalization (July 2025): ~₹286–287 crore
  • Stock Listings: BSE (540956)

2. Products and Services


Bhatia Communications & Retail (India) Ltd offers a broad selection of consumer electronics catering to a diverse clientele:

  • Mobile Phones & Devices:

    • Multi-brand retailing featuring Apple, Samsung, OPPO, VIVO, Gionee, Honor, Jio, Realme, Redmi, Nokia, among others
    • Tablets, data cards, and related accessories
  • Home Appliances & Electronics:

    • Televisions, air conditioners, air coolers, refrigerators, washing machines, microwaves, and more
  • Retail Network:

    • 193 owned stores and 10 franchised outlets across South Gujarat, including Surat, Vapi, Valsad, Navsari, and Vyara
  • Other Services:

    • Credit and EMI facilities to buyers
    • Corporate and institutional sales
    • After-sales service and warranty assistance
  • Private Label & Distribution:

    • In addition to third-party brands, the company also markets select products under its own brands: "Bhatia Communication" and "Bhatia Mobile"

3. Recent News and Financial Performance


Business Developments

  • The company continues to expand its retail footprint in South Gujarat, rolling out new stores and reinforcing its presence as a leading consumer electronics retailer.
  • Major business milestones include the opening of landmark stores, frequent recognition in retail awards, and strategic diversification into more home appliances and digital products.

4. Financial Performance (FY2025)


Metric FY2025 FY2024
Revenue from Operations ₹442.7 crore ₹413.8 crore
Net Profit ₹13.8 crore ₹11.5 crore
Operating Profit Margin ~4%
Earnings Per Share (EPS) ₹1.10
Return on Equity (ROE) 18%
Dividend ₹0.01/share

Financial Summary

FY2025
MetricCompanyIndustry Avg.
Price / Sales0.661
EV / EBITDA13.4116.28
Debt / Equity0.090.66
ROE %17.8716.89
ROCE %21.818.15
P / B3.293.38
Div Yld %0.130.54
P/E21.0825.18
OPM %4.495.63
Qtr Sales Growth YOY %10.520.51
Qtr Profit Growth YOY %-1.68-1.67
ROA LAST 12M %10.998.74
Prom. Hold. %73.8866.53
Sales 3Yrs CAGR %23.7832.97
Sales 5Yrs CAGR %21.3931.26
Profit 3Yrs CAGR %37.954.92
Profit 5Yrs CAGR %20.7242.63

Scroll table for more