amit@unlistedkraft.in
+91-9599071664
+91-9599071664
Bharat Nidhi (Bharat Bank) Unlisted Shares
DRHP Status : Not Filed
11300
Fundamentals About Bharat Nidhi (Bharat Bank)
Downloads & Investor Documents
All documents are provided for informational purposes and are subject to regulatory disclosures.
Key Financials of Bharat Nidhi (Bharat Bank)
| P&L Statement | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Revenue | 4323 | 5780 | 6215 | 6292 |
| Cost of Material Consumed | 2274 | 2462 | 2444 | 2929 |
| Change in Inventory | -52 | -29 | 44 | -43 |
| Gross Margins | 47.4 | 57.4 | 60.68 | 54.13 |
| Employee Benefit Expenses | 610 | 591 | 687 | 1044 |
| Other Expenses | 1256 | 1882 | 1796 | 1920 |
| EBITDA | 235 | 874 | 1244 | 442 |
| OPM | 5.44 | 15.12 | 20.02 | 7.02 |
| Other Income | 389 | 381 | 565 | 529 |
| Finance Cost | 173 | 101 | 63 | 75 |
| D&A | 73 | 65 | 56 | 66 |
| EBIT | 162 | 809 | 1188 | 376 |
| EBIT Margins | 3.75 | 14 | 19.12 | 5.98 |
| PBT | 378 | 1089 | 1690 | 830 |
| PBT Margins | 8.74 | 18.84 | 27.19 | 13.19 |
| Tax | 96 | -197 | 506 | 208 |
| PAT | 282 | 1286 | 1184 | 622 |
| NPM | 6.52 | 22.25 | 19.05 | 9.89 |
| EPS | 41.65 | 157.02 | 144.57 | 75.94 |
| Financial Ratios | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Operating Profit Margin | 5.44 | 15.12 | 20.02 | 7.02 |
| Net Profit Margin | 6.52 | 22.25 | 19.05 | 9.89 |
| Earning Per Share (Diluted) | 41.65 | 157.02 | 144.57 | 75.94 |
| Assets | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Fixed Assets | 0 | 0 | 0 | 0 |
| CWIP | 0 | 0 | 0 | 0 |
| Investments | 3572 | 3538 | 3992 | 4485 |
| Trade Receivables | 0.6 | 0.6 | 0.13 | 0.06 |
| Inventory | 0 | 0 | 0 | 0 |
| Other Assets | 133.4 | 127.4 | 132.87 | 91.94 |
| Total Assets | 3706 | 3666 | 4125 | 4577 |
| Financial Ratios | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Operating Profit Margin | 5.44 | 15.12 | 20.02 | 7.02 |
| Net Profit Margin | 6.52 | 22.25 | 19.05 | 9.89 |
| Earning Per Share (Diluted) | 41.65 | 157.02 | 144.57 | 75.94 |
About Company
Bharat Nidhi Limited is a long-established Indian company incorporated in 1942, engaged primarily in the distribution of newspapers and magazines across India, along with investment and financing activities. The company is based in New Delhi and is well-known for its strong association with Bennett Coleman and Company Limited (BCCL) — The Times Group — for whom it manages distribution operations under a structured contractual arrangement. Under this contract:
- BCCL delivers newspapers and periodicals to Bharat Nidhi Limited (BNL) at their own cost, as per BNL’s indent requirements.
- Daily supply statements are sent by BCCL and must be acknowledged with payment from BNL based on the category of publication:
- Daily publications: Payment on the same day (next working day if Sunday/holiday).
- Weeklies/fortnightlies: Within 3 days of delivery.
- Monthly/annual publications: Within 7 days of delivery.
The company was previously registered as an NBFC with RBI, but voluntarily applied to surrender its NBFC licence in October 2014. In 2017-18, RBI instructed the company to reduce its financial assets below 50% of total assets to begin cancellation of the CoR, and the company is reviewing the required actions.
Challenges Faced by Bharat Nidhi
The following section outlines the operational and industry challenges for Bharat Nidhi (Bharat Bank).
- Increasing digital content consumption poses a long-term risk to traditional newspaper circulation.
- Regulatory requirement from RBI to reduce financial assets below 50% to complete NBFC licence surrender.
- Print distribution business depends heavily on logistics, last-mile delivery efficiency, and rising operating costs.
Financial Review
The following provides a clear financial snapshot based on the available performance data:
- During FY 2017-18, Bharat Nidhi Limited recorded total standalone revenue of ₹69.88 crore, higher than ₹66.65 crore in the previous year. Total expenditure decreased to ₹56.66 crore compared to ₹58.48 crore in FY 2016-17, reflecting cost-management improvements.
- Profit After Tax (PAT) increased significantly to ₹13.13 crore from ₹8.16 crore, indicating stronger operational efficiency and improved margin performance despite industry disruptions from digital media expansion.
Quick Summary
This section presents a quick-read snapshot of Bharat Nidhi (Bharat Bank).
- Old and established distribution partner of The Times Group
- Handles pan-India newspaper and magazine distribution
- Profitability improving, with PAT rising from ₹8.16 cr → ₹13.13 cr
- Strong positioning in vernacular and Tier-II/III markets
NBFC licence surrender process ongoing with RBI
Shareholding Pattern of Bharat Nidhi (Bharat Bank)
| Name | Holding |
|---|---|
| Matrix Merchandise Limited | 20.68% |
| Mr. Vineet Jain | 20.34% |
| Sanmati Properties Limited | 16.25% |
| M/s Ashoka Marketing Ltd | 10.34% |
| M/s Mahavir Finance Ltd. | 6.89% |
| Others | 25.50% |
Latest News
Latest Post
Coming soon...
Coming soon...
Frequently Asked Questions
Bharat Nidhi (Bharat Bank) distributes newspapers and magazines for The Times Group and also undertakes investment and financing activities.
The company voluntarily applied to surrender its NBFC licence in 2014. RBI has asked it to reduce financial assets below 50% to complete the cancellation process.
Its primary revenue comes from print distribution operations and investment-related income.
In FY 2017-18, the company earned ₹69.88 cr in revenue and ₹13.13 cr PAT, showing strong improvement over the previous year.
It is a niche distribution player with long-standing contracts, stable profitability, and strong ties to The Times Group—but investors should evaluate industry risks from digital media growth.
+91-9599071664
amit@unlistedkraft.in