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BGR Energy Systems Ltd

NSE: BGRENERGY BSE: 532930Energy

Incorporated in 1985, BGR Energy Systems Ltd in the business of Supply of systems and Equipment and Turnkey Engineering project contracting[1]

257
52W: ₹94 — ₹491
PE 0 · Book ₹228 · +13% vs book
Market Cap₹1,854 Cr
Stock P/EPrice to Earnings
ROCE20.8%Return on Capital
ROE0%Return on Equity
Div. Yield0%Face Value ₹10

Weaknesses

  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of -30.0% over past five years.
  • Contingent liabilities of Rs.990 Cr.
  • Promoters have pledged 58.8% of their holding.
  • Company has high debtors of 289 days.
  • Promoter holding has decreased over last 3 years: -24.0%

Shareholding Pattern

Promoters51.01%
FIIs0.1%
DIIs0%
Public48.89%
CategoryJun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Promoters51.01%51.01%51.01%51.01%51.01%51.01%51.01%51.01%
FIIs0.17%0.15%0.00%0.10.02%0.00.01%0.00.09%0.10.05%0.00.1%0.1
DIIs0.26%0.26%0.26%0.14%0.10.14%0%0.10%0%
Public48.57%48.59%0.048.73%0.148.83%0.148.86%0.048.9%0.048.95%0.148.89%0.1

Financial Statements

MetricSep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Sales2354621701748366129898378
Expenses2639074175150257422191137263
Operating Profit-27-445166-2-68-191-293-102-54-186
OPM %-12%-96%98%-1%-82%-289%-227%-115%-65%-239%
Net Profit-106-688133-118-192-343-328-263-62-193
EPS ₹-14.74-95.3118.43-16.3-26.59-47.54-45.51-36.45-8.55-26.77

AI Insights

Revenue Trend

TTM revenue at ₹378Cr, down 16.2% YoY. OPM at -168%.

Debt Position

Borrowings at ₹3,998Cr. Debt-to-equity ratio: N/Ax. High leverage — monitor closely.

Institutional Flow

DIIs: 0% (-0.26pp change). FIIs: 0.1% (+0.07pp change). Promoters hold 51.01%.

Margin & Efficiency

ROCE declining from 11% (Mar 2014) to -21% (Mar 2025). Working capital days: -1143.

Recent Announcements