BF Investment Ltd
NSE: BFINVEST BSE: 533303
BF Investment Ltd is a Non-Deposit taking Core Investment Company. It is primarily engaged in the business of making investments in Kalyani Group companies. [1][2]
₹398
52W: ₹315 — ₹562
PE 16.6 · Book ₹807 · -51% vs bookMarket Cap₹1,500 Cr
Stock P/E16.6Price to Earnings
ROCE4.49%Return on Capital
ROE3.22%Return on Equity
Div. Yield0%Face Value ₹5
Strengths
- +Company is almost debt free.
- +Stock is trading at 0.49 times its book value
- +Company's median sales growth is 26.8% of last 10 years
Weaknesses
- −Though the company is reporting repeated profits, it is not paying out dividend
- −Company has a low return on equity of 3.31% over last 3 years.
Shareholding Pattern
Promoters74.13%
FIIs0.66%
DIIs0.14%
Public25.07%
| Category | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters | 74.13% | 74.13% | 74.13% | 74.13% | 74.13% | 74.13% | 74.13% | 74.13% |
| FIIs | 1.7% | 0.75%▼0.9 | 0.77%▲0.0 | 0.74%▼0.0 | 0.75%▲0.0 | 0.66%▼0.1 | 0.66% | 0.66% |
| DIIs | 0.01% | 0.01% | 0.22%▲0.2 | 0.22% | 0.02%▼0.2 | 0.28%▲0.3 | 0.14%▼0.1 | 0.14% |
| Public | 24.15% | 25.1%▲1.0 | 24.87%▼0.2 | 24.92%▲0.1 | 25.12%▲0.2 | 24.93%▼0.2 | 25.06%▲0.1 | 25.07%▲0.0 |
Financial Statements
| Metric | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 69.88 | 9.05 | 32.96 | 7.72 | 73.81 | 9.26 | 45.23 | 9.43 | 63.74 | 10.11 |
| Expenses | 1.03 | 0.64 | 3.77 | 0.6 | 1.19 | 0.46 | 4.95 | 1.4 | 2.71 | 1.1 |
| Operating Profit | 68.85 | 8.41 | 29.19 | 7.12 | 72.62 | 8.8 | 40.28 | 8.03 | 61.03 | 9.01 |
| OPM % | 98.53% | 92.93% | 88.56% | 92.23% | 98.39% | 95.03% | 89.06% | 85.15% | 95.75% | 89.12% |
| Net Profit | 51.47 | 6.29 | 22.18 | 6.23 | 49.35 | 6.04 | 30.87 | 7.24 | 45.66 | 6.28 |
| EPS ₹ | 13.66 | 1.67 | 5.89 | 1.65 | 13.1 | 1.6 | 8.2 | 1.92 | 12.12 | 1.67 |
AI Insights
Revenue Trend
TTM revenue at ₹129Cr, down 5.8% YoY. OPM at 92%.
Debt Position
Borrowings at ₹0Cr. Debt-to-equity ratio: 0.00x. Healthy balance sheet.
Institutional Flow
DIIs: 0.14% (-0.30pp change). FIIs: 0.66% (-0.68pp change). Promoters hold 74.13%.
Margin & Efficiency
ROCE improving from 3% (Mar 2014) to 4% (Mar 2025). Working capital days: 67.
Valuation
PE 16.6x with 4.49% ROCE. Price is -51% above book value of ₹807. Dividend yield: 0%.
Recent Announcements
- Announcement under Regulation 30 (LODR)-Change in Management 7 May - Shareholders approved Mrs. Mugdha Rajesh Vartak’s appointment as independent director for March 17, 2026 to March 16, 2029.
- Shareholder Meeting / Postal Ballot-Scrutinizer"s Report 7 May
- Shareholder Meeting / Postal Ballot-Outcome of Postal_Ballot 6 May - Postal ballot on appointing Mrs. Mugdha Rajesh Vartak as independent director ran from April 7 to May 6, 2026.
- Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 15 Apr - BF Investment confirms it is not a large corporate under SEBI framework as on March 31, 2026.
- Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 6 Apr - Submitted Regulation 74(5) depository compliance certificate for quarter ended March 31, 2026.
- Financial Year 2025 from bse
- Financial Year 2024 from bse
- Financial Year 2023 from bse