Bhatia Communications Q3FY26 Revenue Rises, Declares 3rd Interim Dividend for FY26

Bhatia Communications & Retail (India) Ltd reports higher revenue and profit for Q3FY26 and 9MFY26, while also announcing a small third interim dividend for FY26. The small-cap speciality retailer in the consumer discretionary space continues to show double-digit growth in sales and earnings compared with the previous year.

The Board of Directors "has declared a 3rd interim dividend of Re. 0.01/- (1%) per equity share having face value of Rs. 1/- to the shareholders for the financial year 2025-26," confirmed Bhatia Communications in a regulatory filing. The board approved this dividend during its meeting held on 13th February, 2026, for equity shareholders.

The company set 20th February, 2026 as the record date for identifying shareholders eligible for the third interim dividend. "Upon declaration, dividend entitlement will be to all those beneficial owners as per details furnished by the National Securities Depository Limited and the Central Depository Services (India) Limited as on close of Friday, 20th February, 2026," Bhatia Communications confirmed in a regulatory statement, clarifying the payment eligibility.

For Q3FY26, Bhatia Communications reported net sales of Rs 175.45 crore, compared with Rs 126.81 crore in Q3FY25. This reflects sales growth of 38% year-on-year. Net profit for Q3FY26 stood at Rs 4.91 crore, up 37% from Rs 3.58 crore in the same quarter last year, indicating stable margin performance alongside rising revenue.

Across the nine months ended 31st December, 2025, the company’s net sales reached Rs 421.33 crore. That represents a 24% year-on-year increase for 9MFY26. Net profit over the same nine-month period was Rs 12.22 crore, up 12% year-on-year. Profit growth trails revenue growth, which suggests higher costs or a changing product mix during the period.

Key reported figures for Bhatia Communications are summarised below for Q3 and 9MFY26 compared with the prior year:

Period	Metric	FY25	FY26	Year-on-year change
Q3	Net sales (Rs crore)	126.81	175.45	+38%
Q3	Net profit (Rs crore)	3.58	4.91	+37%
9MFY	Net sales (Rs crore)	~339.78*	421.33	+24%
9MFY	Net profit (Rs crore)	~10.91*	12.22	+12%

*FY25 nine-month values are approximated based on stated growth percentages, since exact prior figures were not detailed.

Bhatia Communications share price and valuation

At the close of trade on 13th February, 2026, Bhatia Communications & Retail (India) Ltd shares ended at Rs 21.84 on the stock exchanges. The price was lower than the previous close of Rs 22.74, translating into a single-day decline of 3.96%, despite the reported growth in quarterly and nine-month earnings.

Within the wider Indian retail industry, Bhatia Communications & Retail (India) Ltd is positioned as a micro-cap stock. The peer group includes larger listed retailers such as Trent Ltd and Aditya Birla Fashion & Retail (ABFRL). Bhatia Communications trades at a price-to-earnings ratio of 23.05, which stands well below Trent’s P/E of 92.25, indicating a lower earnings multiple versus larger peers.

Over the last twelve months, Bhatia Communications shares have moved between a 52-week high of Rs 33.60 and a 52-week low of Rs 19.50. Looking further back, the stock has historically traded in a wide band, with earlier lows of Rs 6.08 and highs of Rs 59.50. From the start of calendar year 2026, the share price has gained around 22%, suggesting some recovery momentum despite recent volatility.

The latest dividend declaration, combined with growth in Q3FY26 and 9MFY26 sales and profit, provides investors with an updated view on Bhatia Communications & Retail (India) Ltd. The modest payout, record date clarity, rising revenue base and relatively lower P/E multiple versus larger retail peers together frame the company’s current standing in India’s listed retail segment.