Bharat Nidhi
-16.67 % 1 MAbout Bharat Nidhi
A Comprehensive Overview of Price & Journey
Understanding Bharat Nidhi Inception and Growth
Overview
Bharat Nidhi Limited (BNL) is a public limited company headquartered in New Delhi, India, and it was established on September 21, 1942. Initially, BNL focused on the distribution of newspapers and magazines across India. Over time, it diversified into investment and financing activities, becoming a significant shareholder in Bennett, Coleman & Co. Ltd., the publisher of The Times of India.
The Company has been investing in Bennett, Coleman & Co (BCCL) and its associate company, which holds a strong investment background, fetching the company a great integral value year by year, debt-based Mutual funds, and other avenues from time to time. The Company was also registered as an NBFC which it surrendered in 2014.
Bharat Nidhi Ltd discontinued its newspaper distribution business on September 1, 2023, after Bennett, Coleman & Co. Ltd. (BCCL) finished the Dealership Agreement. The company stated that the exit will have no significant impact on profits as the business had minimal margins.
As of 31/03/2024, Bharat Nidhi holds 7 crore shares of Bennett, Coleman & Co. Ltd., representing 24.41% of the company's ownership. Calculating the exact market price per share of Bennett, Coleman & Co. Ltd. is quite challenging. This investment provides Bharat Nidhi Limited with a solid valuation foundation, although determining an exact Bharat Nidhi share price is difficult since Bennett, Coleman & Co. Ltd. is unlisted. Most investors who want to know Bharat Nidhi share price today might have limited data, as the shares of the company are not actively traded on public exchanges.
Board of Directors
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Mr. Bhagavatula Chintamani Rao
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Mr. Bhagat Ram Goyal
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Mr. Nityanand Singh
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Mr. Sunder Hemrajani
Subsidiaries
The company has no subsidiaries.
Associate
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Matrix Merchandise Limited
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Vasuki Properties Limited
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Bennett, Coleman & Co. Limited
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Bennett Property Holdings Co. Limited
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Mahavir Finance Limited
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Times United Private Limited
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Times Zenith Private Limited
Registered Office
The Registered office of the company is in New Delhi, Delhi, India.
IPO Details
The company has not provided any information regarding the IPO.
Dividend Details
The Directors have recommended a dividend of Rs. 0.60 per Equity Share of Rs. 10 each. The total outgo on account of dividends for the financial year 2023-24 amounts to Rs. 17.22 Lakhs.
BuyBack
Buyback announced @11229/ Share. 1 share for 100 shares. Date 4-11-2022 to 03-12-2022
About Bharat Nidhi
IPO Details, Price movement
Performance Highlights for the FY 2023-24
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The Income from operations decreased by 57% from INR 33.4 crore in FY23 to INR 14.4 crore in FY24.
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The Profit Before Tax for the FY24 was INR 17.7 Crores as compared to the Previous FY23 Rs. 10.8 Crores.
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The Profit after tax increased by 64% to INR 13.36 Crores in FY24 from INR 8.15 Crores in FY23.
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Net cash used in Operation activities was 11.76 crore in FY23, whereas it was 9.50 crore in FY24.
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Cash flow from investing activities increased by 341% from INR 11.59 crore in FY23 to INR 51.20 crore.
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Net cash used in Financing activities was .17 crore in FY23 and -43.03 crore in FY24
Fundamentals
Financials
| P&L Statement | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Revenue | - | 24.07 | 27.53 | 33.45 |
| Other Income | - | 6.70 | 11.68 | 20.08 |
| COGS | - | 1221.00 | - | - |
| Gross Profit | - | 30.77 | 39.21 | 53.52 |
| Total Expense | - | 28.40 | 30.17 | 35.89 |
| EBIDTA | - | 2.37 | 9.05 | 17.63 |
| D&A | - | - | - | - |
| EBIT | - | 2.37 | 9.04 | 17.63 |
| Interest Expense | - | 0.04 | 0.04 | 0.05 |
| PBT | - | 2.33 | 9.00 | 10.78 |
| TAX | - | 0.69 | 2.23 | 2.62 |
| PAT | - | 1.64 | 6.77 | 8.16 |
| Diluted EPS | - | 5.66 | 23.35 | 28.12 |
| Basic EPS | - | 5.66 | 23.35 | 28.12 |
| Total income | 0.00 | 30.77 | 39.21 | 53.53 |
ASSETS
| CURRENT ASSETS | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Cash and Cash Equivalents | - | 125.51 | 99.81 | 124.99 |
| Trade Payables | - | 0.68 | 0.62 | 0.13 |
| Inventory | - | - | - | - |
| Other Current Assets | - | 3.26 | 2.41 | 3.80 |
| Total Current Assets | 0.00 | 129.45 | 102.84 | 128.92 |
| NON CURRENT ASSETS | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Plant Property and Equipment | - | - | 0.01 | - |
| Long Term Investment | - | 42.91 | 57.34 | 20.46 |
| Other Non Current Assets | - | 5.14 | 25.16 | 4.48 |
| TOTOAL NON CURRENT ASSSETS | 0.00 | 48.05 | 82.51 | 24.94 |
| Total Assets | 0.00 | 177.50 | 185.35 | 153.86 |
|---|
| CURRENT LIABILITES | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| TRADW Payable | - | 1.38 | 1.09 | 0.08 |
| Other Current Liab | - | 0.33 | 0.47 | 0.47 |
| Total Current Liab | 0.00 | 1.71 | 1.56 | 0.55 |
| NON CURRENTLIABILITIES | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Long Term Debt | - | - | - | - |
| Deffered Tax Liab | - | - | - | - |
| Other Non Current Liab | - | 0.86 | 0.86 | 0.05 |
LIABILITIES
| EQUITY | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Share Capital | - | 2.90 | 2.90 | 2.87 |
| Reserves And Surplus | - | - | - | - |
| Other Equity | - | 172.05 | 180.03 | 150.41 |
| Retained Earnings | - | - | - | - |
| share Equity | 0.00 | 174.95 | 182.93 | 153.28 |
| Total Liabilities | 0.00 | 175.81 | 183.79 | 153.33 |
|---|
| CASH FLOW STAT | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Cash Flow from operating | - | -5.43 | -11.76 | -9.50 |
| Cash Flow from financing | - | -0.17 | -0.17 | -43.03 |
| Cash Flow from investing | - | 5.86 | 11.59 | 51.20 |
| Net cash flow | 0.00 | 0.26 | -0.34 | -1.33 |
Revenue Growth
PAT Growth %
EPS Growth %
TOTAL ASSETS Growth %
QUICK RATIO Growth %
LONG TERM DEBT TO EQUITY RATIO Growth %
Shareholding Pattern
2025
| Name | Designation | Share % |
|---|---|---|
| Matrix Merchandise Limited | NA | 20.68% |
| Mr. Vineet Jain | NA | 20.34% |
| Sanmati Properties Limited | NA | 16.25% |
| Ashoka Finance Limited | NA | 10.34% |
| Mahavir Finance Limited | NA | 6.89% |
| Others | NA | 25.50% |
Events
| Name | Date | Details |
|---|---|---|
| No events available. | ||
Frequently Asked Questions
The lockin period is of 6 months for pre-ipo investors i.e. they cannot sell their shares for 6 months after they get listed. However, they can definitely sell the shares in pre-ipo market before they get listed.
With BharatInvest, you can now invest in unlisted/pre-ipo shares with as low as 25-50k depending upon the share.
- 1. You can download the NSDL or CDSL application and login into the account and check whether the shares have been credited or not.
- 2. Credit of Unlisted Shares/Pre-IPO shares can be checked in brokers application as well but it takes T+2 days to show the shares.
- The value of share in unlisted space is determined in the same way as it is done in listed market. Demand and supply decide the price of any share. If the demand more than the supply, then the prices of the share increases and vice versa.
- When a new shares is introduces in the unlisted space, the value of the company is decided upon the last funding raised by company. If the company hasn’t raised any funding in the past, then the valuation is decided upon the fundamentals of the company.
- A Public Unlisted Shares Is Not Listed on Stock Exchange, Where as a Listed Public Company Is Listed On Stock Exchange Such As BSE Or NSE For Trading Of Shares.
- If you sell your shares within 2 years, then you will have to pay Short-term Capital gain on unli sted shares. Short-Term Capital Gain is added in your Income. So, as per individual tax slab you need to pay capital gain tax.
- If you sell your shares after 2 years, then you will have to pay Long-term Capital gain on unlisted shares LTCG is 12.5% without indexation benefits.
- After listing of shares, the unlisted shares which you have bought through unlisted market, will be taxed at listed rates, if sold through exchange. So, taxes of listed market will be applicable. And, to calculate holding time, for determining LTCG or STCG, the purchase date of unlisted shares will be applicable.
- Absoluetly NOT! Grey market is all about speculation relation to open price, subscription rate etc. And does not include physical delivery of shares. Whereas in pre ipo market you get to invest in shares much before the ipo too and it involves physical delivery of shares. It is compeletly legal and does not include any such speculation.
- Existing stakeholders, promoters or employees who have equity shares of an unlisted company and early investors who wish to get value of their investment.
- Yes, investing in unlisted shares is undoubtedly legal in India. The trading takes place in the over-the-counter market.