BHARAT BHUSHAN SHARE & COMMODITY BROKERS LTD. (BHARAT) fair value: what the stock is really worth
As of Sep 24, 2026: fair value of BHARAT BHUSHAN SHARE & COMMODITY BROKERS LTD. ₹33.03, price ₹22.99, upside +43.7%, quality 49 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
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Price vs Fair Value
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Sep 24, 2026.
How to read this chart
60‑month range ₹7.72 – ₹42.63 · fair‑value band ₹24.77 – ₹41.28 · the ₹22.99 price screens below the ₹33.03 fair value. Dashed = 300-day average. As of Sep 24, 2026.
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Bharat Bhushan Finance & Commodity Brokers Limited, a non-banking financial company, engages in the investment and trading of securities in India.
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Bharat Bhushan Finance & Commodity Brokers Limited, a non-banking financial company, engages in the investment and trading of securities in India. The company trades in equity and derivatives, including futures contracts, forward contracts, options, and swaps; and commodities, such as agricultural products, metals, precious stones, diamonds, petroleum, other energy products, etc. It also offers a range of public private debt instruments comprising fixed deposits, debentures, bonds, and government bonds. In addition, the company provides depository services, spot commodities, currency derivatives, mutual funds, and IPO services. Bharat Bhushan Finance & Commodity Brokers Limited serves corporates, trusts, institutions, high net worth individuals, retail investors, etc. The company was formerly known as Bharat Bhushan Share & Commodity Brokers Ltd. Bharat Bhushan Finance & Commodity Brokers Limited was founded in 1954 and is based in New Delhi, India.
Stock analysis
BHARAT BHUSHAN SHARE & COMMODITY BROKERS LTD. (BHARAT) currently trades at ₹22.99, while our model-based Fair Value estimate is ₹33.03, implying the stock looks roughly 30.4% undervalued today.
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Valuation
How firm this estimate is: it rests on 13 models at a data quality of 95/100, which puts the evidence level at low.
Scenario range: ₹24.77 (bear) to ₹41.28 (bull), the price of ₹22.99 sits below it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 49/100 (below-average quality), in the Financial Services sector.
Weak Growth: Revenue is shrinking: the last year, the last three and the last five years are all negative.
BHARAT BHUSHAN SHARE & COMMODITY BROKERS LTD. reported revenue of ₹3.7M in FY2025 versus ₹4.3T in FY2021, a compound −97.0%/yr. Reported net income was ₹871K in FY2025, compounding −94.8%/yr from FY2021.
Key figures
Market cap ₹155M (≈ $1.6M) · P/E ratio 176.8 · P/S ratio 41.5 · EPS (TTM) ₹0.1300 · Dividend yield 1.2% · Net margin 23.5% · Return on equity 0.4% · Return on assets (EBIT) 7.8%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 28 out of 100 (low confidence).
What moves the price
The share trades about 33% below its 52-week high and 21% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Financial Services peers we cover trades at −17% fair-value upside, at 44%, BHARAT screens cheaper than that median.
Fair Value models
Bear ₹24.77Fair Value ₹33.03Bull ₹41.28
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above is their evidence-weighted blend, not the output of a single model. Based on fiscal year 2025 figures (about 9 months old). Earnings retained since then (₹0.0958 per share) are deliberately not added.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target.Evidence ⓘEvidence = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.19/100
Revenue is shrinking: the last year, the last three and the last five years are all negative.
Revenue growth 1 year
−100.0%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
−99.1%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
−93.4%
Start year 2020 (pandemic)
Revenue growth 9 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
−77.4%
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What shareholders gained per year (last 5 years), in INR ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate. Measured in INR: this currency has depreciated against the euro and dollar over the long run, so part of the nominal rate is currency erosion that never reaches a EUR/USD investor.
−70.9%
Earnings growth per share plus dividend.
Earnings per share, growth per year−72.1%
Dividend (yield on the price)1.2%
Pace: 5 vs 10 years ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.−72% vs −44%, slowing
Profit margin 2016 to 2025 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.5% → 51%
Start year 2020 (pandemic)
⚠ Revenue per share shrinking 1.6%/yr over ~7Y (margins intact) ⓘStructural-decline marker: revenue PER SHARE has fallen over the last decade (robust median trend, not a single year). Backtested across 2005 to 2017, such businesses trailed the market by about 2.5 percentage points per year. Display only: it does not change the fair value or the quality score.
Compare BHARAT BHUSHAN SHARE & COMMODITY BROKERS LTD. with another stock
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Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Capital Markets · 459 stocks
Beats the industry median on 3/12 measures
Overall it trails its industry peers.
Valuation
Quality Score46 · Below median
Fair Value upside+44% · Above median
Profitability
Return on equity (TTM)0% · Below median
Return on assets0% · Below median
Net margin (TTM)12% · Below median
Operating margin (TTM)190% · Top 25%
Growth and dividend
Revenue growth10% · Below median
Dividend yield (TTM)1.2% · Below median
Balance sheet
Debt / equity1,009.82× · Highest 25%
Valuation Multiplesvs Capital Markets median · lower = cheaper
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Is BHARAT BHUSHAN SHARE & COMMODITY BROKERS LTD. (BHARAT) overvalued or undervalued?
As of Sep 24, 2026, our model estimates a fair value of ₹33.03 versus a price of ₹22.99, about +44% upside (undervalued).
What is the fair value of BHARAT?
Our model-based fair value for BHARAT BHUSHAN SHARE & COMMODITY BROKERS LTD. is ₹33.03 (as of Sep 24, 2026), built from audited fundamentals. The current price: ₹22.99.
What is the quality score of BHARAT?
BHARAT BHUSHAN SHARE & COMMODITY BROKERS LTD. has a Quality Score of 49/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for BHARAT BHUSHAN SHARE & COMMODITY BROKERS LTD. (BHARAT)?
Our model-based price target is the fair value of ₹33.03 (as of Sep 24, 2026) from 2 valuation models. Cautious scenario ₹24.77, optimistic scenario ₹41.28. It is a calculation from audited fundamentals, not an analyst target.
What is the BHARAT BHUSHAN SHARE & COMMODITY BROKERS LTD. stock forecast for 2026?
Our models put fair value at ₹33.03, about +44% upside versus a price of ₹22.99 (undervalued). Cautious scenario ₹24.77, optimistic scenario ₹41.28. The calculation is refreshed regularly with new filings.
What is the revenue of BHARAT BHUSHAN SHARE & COMMODITY BROKERS LTD. (BHARAT)?
BHARAT BHUSHAN SHARE & COMMODITY BROKERS LTD. reported trailing-twelve-month revenue of about ₹7.3M (latest available figure, as of Sep 24, 2026).
Does BHARAT BHUSHAN SHARE & COMMODITY BROKERS LTD. pay a dividend?
BHARAT BHUSHAN SHARE & COMMODITY BROKERS LTD. currently shows a dividend yield of about 1.22% relative to its recent price (as of Sep 24, 2026).
What is the intrinsic value of BHARAT BHUSHAN SHARE & COMMODITY BROKERS LTD. (BHARAT)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For BHARAT BHUSHAN SHARE & COMMODITY BROKERS LTD. it is ₹33.03 per share (as of Sep 24, 2026), against a price of ₹22.99. It is the blended result of 2 valuation models (cash flow, earnings, asset, dividend).
Is BHARAT BHUSHAN SHARE & COMMODITY BROKERS LTD. stock overvalued or undervalued in 2026?
As of Sep 24, 2026, BHARAT trades below its calculated fair value: price ₹22.99, fair value ₹33.03, a gap of about +44% (undervalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of BHARAT?
No. The price is what the market pays today (₹22.99); the fair value is what the company's own numbers justify (₹33.03). For BHARAT BHUSHAN SHARE & COMMODITY BROKERS LTD. the two are ₹10.04 per share apart. That gap is exactly why we show both numbers side by side.
How much is BHARAT BHUSHAN SHARE & COMMODITY BROKERS LTD. worth?
The market values BHARAT BHUSHAN SHARE & COMMODITY BROKERS LTD. at about ₹155M (market capitalisation, as of Sep 24, 2026). Per share that is ₹22.99; our models calculate a fair value of ₹33.03 per share.
What do the bullish and bearish scenarios say about BHARAT?
Our models span a range for BHARAT BHUSHAN SHARE & COMMODITY BROKERS LTD.: cautious scenario ₹24.77, base ₹33.03, optimistic ₹41.28 per share (as of Sep 24, 2026, price ₹22.99). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of BHARAT?
BHARAT BHUSHAN SHARE & COMMODITY BROKERS LTD. trades at a price-to-earnings ratio of 176.8 (as of Sep 24, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of ₹33.03 is built from several models across several years. Other multiples: P/B 0.6, P/S 21.3.
How solid is the balance sheet of BHARAT BHUSHAN SHARE & COMMODITY BROKERS LTD. (BHARAT)?
Balance-sheet figures for BHARAT BHUSHAN SHARE & COMMODITY BROKERS LTD. (as of Sep 24, 2026): return on equity 0.4%. They feed the Quality Score of 49/100, which measures business quality independently of the share price.
How far is BHARAT from its 52-week high?
BHARAT BHUSHAN SHARE & COMMODITY BROKERS LTD. trades at ₹22.99, about 33% below its 52-week high of ₹34.46 and 21% above the low of ₹19.07 (as of Sep 24, 2026). Distance from the high says nothing about value: that is what the fair value of ₹33.03 is for.
Which stocks are comparable to BHARAT BHUSHAN SHARE & COMMODITY BROKERS LTD.?
From the same area (Financial Services) we also value Morgan Stanley, a financial holding company,, The Goldman Sachs Group, The Charles Schwab Corporation, Interactive Brokers Group, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is BHARAT BHUSHAN SHARE & COMMODITY BROKERS LTD. stock attractive at the current price?
The data as of Sep 24, 2026: price ₹22.99, calculated fair value ₹33.03 (+44%), Quality Score 49/100, from 2 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of BHARAT calculated?
We run BHARAT BHUSHAN SHARE & COMMODITY BROKERS LTD. through 2 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of ₹33.03, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 13.2 % above its aggregate fair value. BHARAT BHUSHAN SHARE & COMMODITY BROKERS LTD. currently trades 44 % below its own fair value, and the market average says nothing about that. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of BHARAT BHUSHAN SHARE & COMMODITY BROKERS LTD. (BHARAT)?
The closing price on Sep 24, 2026 was ₹22.99. Our model-based fair value is ₹33.03, about +44% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with BHARAT BHUSHAN SHARE & COMMODITY BROKERS LTD. right now?
The price is below even our cautious bear case (₹24.77). The market is more pessimistic than our downside scenario. The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution. Solid quality (49/100) at a price below fair value, the discount is the argument here, not the business quality. For a financial, book-value and earnings-based methods matter more than a cash-flow DCF, which fits banks and insurers poorly.
Key figures of BHARAT BHUSHAN SHARE & COMMODITY BROKERS LTD.
How large is the market capitalisation of BHARAT BHUSHAN SHARE & COMMODITY BROKERS LTD. (BHARAT)?
The market capitalisation of BHARAT BHUSHAN SHARE & COMMODITY BROKERS LTD. is ₹155M (≈ $1.6M). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of BHARAT BHUSHAN SHARE & COMMODITY BROKERS LTD. (BHARAT)?
The price-to-sales ratio of BHARAT BHUSHAN SHARE & COMMODITY BROKERS LTD. is 41.5 (P/E × margin). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of BHARAT BHUSHAN SHARE & COMMODITY BROKERS LTD. (BHARAT)?
Earnings per share at BHARAT BHUSHAN SHARE & COMMODITY BROKERS LTD. are ₹0.1300 (price ÷ EPS = P/E 176.8). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of BHARAT BHUSHAN SHARE & COMMODITY BROKERS LTD. (BHARAT)?
The dividend yield of BHARAT BHUSHAN SHARE & COMMODITY BROKERS LTD. is 1.2%. Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of BHARAT BHUSHAN SHARE & COMMODITY BROKERS LTD. (BHARAT)?
The net margin of BHARAT BHUSHAN SHARE & COMMODITY BROKERS LTD. is 23.5% (fiscal year 2025). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of BHARAT BHUSHAN SHARE & COMMODITY BROKERS LTD. (BHARAT)?
The return on equity (ROE) of BHARAT BHUSHAN SHARE & COMMODITY BROKERS LTD. is 0.4% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of BHARAT BHUSHAN SHARE & COMMODITY BROKERS LTD. (BHARAT)?
On an EBIT basis the return on assets of BHARAT BHUSHAN SHARE & COMMODITY BROKERS LTD. is 7.8% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of BHARAT BHUSHAN SHARE & COMMODITY BROKERS LTD. (BHARAT)?
The operating margin of BHARAT BHUSHAN SHARE & COMMODITY BROKERS LTD. is 190% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at BHARAT BHUSHAN SHARE & COMMODITY BROKERS LTD. (BHARAT)?
Revenue at BHARAT BHUSHAN SHARE & COMMODITY BROKERS LTD. is growing +10.1% versus a year earlier (3y avg −99.1%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at BHARAT BHUSHAN SHARE & COMMODITY BROKERS LTD. (BHARAT)?
Earnings per share at BHARAT BHUSHAN SHARE & COMMODITY BROKERS LTD. are growing −49.3% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does BHARAT BHUSHAN SHARE & COMMODITY BROKERS LTD. (BHARAT) generate?
The free cash flow of BHARAT BHUSHAN SHARE & COMMODITY BROKERS LTD. is −₹5.1M (fiscal year 2025). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
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