Our database
TP Bharat maintains its own database of Indian company financial statements, organised for Transfer Pricing work. Company data is sourced from filings with the Ministry of Corporate Affairs and public databases about companies, and every search and analysis on TP Bharat runs on it.
Two versions of the data
TP Bharat Detailed has full line-item statements. It gives the cleanest operating margins and is the one we use for most searches.
TP Bharat Abridged has summary statements for a wider set of companies, including many smaller ones. Where we have detailed accounts for a year, we use those; otherwise the summary statement is used, and the year is marked so you know which it was.
You choose the version when you set up a search, and the analysis records which one was used.
What we hold on each company
With an Arm’s Length Analysis or a subscription, each company opens to its full record.
Background
Industry group, main products and services, NIC code, ownership, whether listed, year of incorporation, website and a description of the business.
Profit and loss
Every reported line, plus the Transfer Pricing view: operating revenue, operating cost, gross profit, operating profit and cash profit.
Balance sheet
Net worth, borrowings, fixed assets and working capital.
Cash flow and ratios
Cash from operations, investing and financing, and the usual profitability ratios.
Related parties
Transactions with related parties by type, as a share of revenue and of cost.
Data notes
Anything we noticed about the figures, such as a year shorter than twelve months or totals that do not add up.
How the figures are organised
Companies describe the same item in different ways. We map every line of every statement to a standard set of headings, so that operating revenue, operating cost and the other figures mean the same thing for every company in a search.
Where a statement gives both a total and its parts, only one of them is counted. Exceptional items, prior-period items and other non-operating income and expenses are kept apart from the operating figures.
We keep the figures exactly as reported and do not adjust them to make them fit. If something looks wrong, for example a balance sheet that does not balance, or accounts for a period shorter than twelve months, we mark it. In a search you can choose to leave those companies out.
Where the data comes from
Company data on TP Bharat is sourced from filings with the Ministry of Corporate Affairs (MCA), including audited financial statements filed by companies, and from public databases about companies. Industry, product and NIC classifications come with each company’s record.
Free search results do not show company names. Names, business descriptions and full statements are provided with an Arm’s Length Analysis or a subscription.
Updates
Companies are added as their annual reports for the year come in. The most recent year fills up over the months after the March year-end, so the search shows how many companies each year has.
Try a search on your own case
It is free and you do not need an account. Company names stay hidden until you order the analysis.