BF Utilities Ltd
NSE: BFUTILITIE BSE: 532430Energy
Incorporated in 2000, BF Utilities Ltd is engaged in the generation of electricity through wind mills and Infrastructure activities. [1]
₹513
52W: ₹369 — ₹899
PE 241 · Book ₹45.7 · +1023% vs bookMarket Cap₹1,932 Cr
Stock P/E241Price to Earnings
ROCE12.8%Return on Capital
ROE10.2%Return on Equity
Div. Yield0%Face Value ₹5
Strengths
- +Company has reduced debt.
- +Company is almost debt free.
- +Company has delivered good profit growth of 44.7% CAGR over last 5 years
Weaknesses
- −Stock is trading at 11.2 times its book value
- −Though the company is reporting repeated profits, it is not paying out dividend
- −The company has delivered a poor sales growth of -0.71% over past five years.
- −Company has a low return on equity of 7.32% over last 3 years.
- −Earnings include an other income of Rs.12.4 Cr.
Shareholding Pattern
Promoters56.73%
FIIs1.57%
DIIs0.05%
Public41.65%
| Category | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters | 56.74% | 56.74% | 56.73%▼0.0 | 56.73% | 56.73% | 56.73% | 56.73% | 56.73% |
| FIIs | 0.9% | 1.11%▲0.2 | 1.54%▲0.4 | 1.69%▲0.1 | 1.55%▼0.1 | 1.63%▲0.1 | 1.57%▼0.1 | 1.57% |
| DIIs | 0.09% | 0.14%▲0.1 | 0.09%▼0.1 | 0.13%▲0.0 | 0.14%▲0.0 | 0.14% | 0.1%▼0.0 | 0.05%▼0.1 |
| Public | 42.26% | 42%▼0.3 | 41.63%▼0.4 | 41.45%▼0.2 | 41.59%▲0.1 | 41.51%▼0.1 | 41.6%▲0.1 | 41.65%▲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 | 10.29 | 1.37 | 2.38 | 5.45 | 8.92 | 1.84 | 2.37 | 5.77 | 7.97 | 3.46 |
| Expenses | 9.15 | 2.77 | 3.51 | 5.38 | 8.13 | 3.05 | 2.93 | 7.8 | 6.3 | 4.97 |
| Operating Profit | 1.14 | -1.4 | -1.13 | 0.07 | 0.79 | -1.21 | -0.56 | -2.03 | 1.67 | -1.51 |
| OPM % | 11.08% | -102.19% | -47.48% | 1.28% | 8.86% | -65.76% | -23.63% | -35.18% | 20.95% | -43.64% |
| Net Profit | 1.47 | -0.72 | 9.38 | 17.5 | -0.97 | -0.62 | 0.07 | 6.42 | 1.79 | -2.33 |
| EPS ₹ | 0.39 | -0.19 | 2.49 | 4.64 | -0.26 | -0.16 | 0.02 | 1.7 | 0.47 | -0.62 |
AI Insights
Revenue Trend
TTM revenue at ₹19.57Cr, up 5.3% YoY. OPM at -12.42%.
Debt Position
Borrowings at ₹9.5Cr. Debt-to-equity ratio: 0.06x. Healthy balance sheet.
Institutional Flow
DIIs: 0.05% (-0.04pp change). FIIs: 1.57% (+1.18pp change). Promoters hold 56.73%.
Margin & Efficiency
ROCE improving from 4.13% (Sep 2014) to 12.8% (Mar 2025). Working capital days: -392.5.
Valuation
PE 241x with 12.8% ROCE. Price is 1023% above book value of ₹45.7. Dividend yield: 0%.
Recent Announcements
- Announcement under Regulation 30 (LODR)-Change in Management 7 May - Members approved Mrs. Mugdha Rajesh Vartak’s appointment as Independent Director from March 17, 2026.
- 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; results due May 8, 2026.
- Reply On Clarification On Price Movement 24 Apr - BF Utilities said share volume rise is market-driven and all disclosures are complete.
- Clarification sought from BF Utilities Ltd 23 Apr - Exchange has sought clarification from BF Utilities Ltd on April 23, 2026 with reference to significant movement in price, in order to ensure that investors …
- Financial Year 2025 from bse
- Financial Year 2024 from bse
- Financial Year 2023 from bse