Balgopal Commercial Ltd

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Balgopal Commer. Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents
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Balgopal Commercial Ltd

₹ 205 6.03%
24 Aug - close price
bcommercial.org BSE: 539834
About

Balgopal Commercial Ltd is transitioning
from securities/textile trading into Mumbai
-led real-estate construction and redevelopment. The group uses owned /development-right assets, direct funding and joint-development structures through the listed parent, 6 subsidiary companies and subsidiary partnership Dreamax Realtors; legacy listed-equity investments remain material. [1]

Key Points

Business transition:[1]
The company's historical revenue
were from securities sales, but on
July 25, 2026, the Board proposed
deleting trading/investment main
objects so that real estate and
construction become the sole
primary object, subject to the
shareholder and regulatory
approvals.[2]

Website BSE
  • Market Cap ₹ 476 Cr.
  • Current Price ₹ 205
  • High / Low ₹ 273 / 130
  • Stock P/E
  • Book Value ₹ 26.9
  • Dividend Yield 0.00 %
  • ROCE -17.0 %
  • ROE -16.0 %
  • Face Value ₹ 10.0
Edit ratios

Pros

  • Promoter holding has increased by 4.99% over last quarter.

Cons

  • Stock is trading at 7.62 times its book value
  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of -67.3% over past five years.
  • Company has a low return on equity of 0.12% over last 3 years.
  • Working capital days have increased from 9,715 days to 22,448 days

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026 Jun 2026
1.00 6.03 8.92 1.09 0.05 0.33 0.18 0.00 0.00 0.00 0.02 0.00 0.00
0.97 4.62 7.69 1.39 0.22 0.24 0.45 0.36 0.30 0.12 0.50 0.50 0.61
Operating Profit 0.03 1.41 1.23 -0.30 -0.17 0.09 -0.27 -0.36 -0.30 -0.12 -0.48 -0.50 -0.61
OPM % 3.00% 23.38% 13.79% -27.52% -340.00% 27.27% -150.00% -2,400.00%
2.07 2.74 2.74 4.23 4.69 7.93 0.17 -4.65 2.34 0.03 0.84 -12.20 6.82
Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.09 0.00 0.00 0.00
Depreciation 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Profit before tax 2.10 4.15 3.97 3.93 4.52 8.02 -0.10 -5.01 2.04 -0.18 0.36 -12.70 6.21
Tax % 23.33% 0.72% 6.80% 5.09% 14.16% 11.35% 170.00% -12.57% 17.65% -11.11% -61.11% -12.52% 14.17%
1.61 4.11 3.70 3.74 3.88 7.10 -0.27 -4.38 1.68 -0.16 0.59 -11.11 5.32
EPS in Rs 0.98 2.49 2.24 2.27 2.35 4.30 -0.16 -2.30 0.88 -0.08 0.31 -5.31 2.29
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026 TTM
3.81 2.60 4.57 14.80 16.40 9.61 5.36 8.00 8.19 17.05 0.56 0.02 0.02
4.13 3.00 5.22 15.97 19.79 18.16 6.13 8.55 8.00 14.69 1.27 1.42 1.73
Operating Profit -0.32 -0.40 -0.65 -1.17 -3.39 -8.55 -0.77 -0.55 0.19 2.36 -0.71 -1.40 -1.71
OPM % -8.40% -15.38% -14.22% -7.91% -20.67% -88.97% -14.37% -6.88% 2.32% 13.84% -126.79% -7,000.00% -8,550.00%
0.40 0.45 0.70 0.82 1.29 1.57 7.52 0.92 -0.05 11.79 8.14 -8.99 -4.51
Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.10 0.00 0.00 0.09 0.09
Depreciation 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Profit before tax 0.08 0.05 0.05 -0.35 -2.10 -6.98 6.75 0.37 0.04 14.15 7.43 -10.48 -6.31
Tax % 25.00% 40.00% 20.00% -8.57% 6.19% -8.17% 14.52% 18.92% -350.00% 7.00% 14.67% -14.03%
0.06 0.03 0.05 -0.32 -2.24 -6.42 5.77 0.30 0.17 13.17 6.34 -9.00 -5.36
EPS in Rs 0.04 0.02 0.03 -0.19 -1.36 -3.89 3.49 0.18 0.10 7.98 3.34 -4.30 -2.79
Dividend Payout % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: -39%
5 Years: -67%
3 Years: -87%
TTM: -96%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: -230%
Stock Price CAGR
10 Years: %
5 Years: 132%
3 Years: 114%
1 Year: -16%
Return on Equity
10 Years: -2%
5 Years: -2%
3 Years: 0%
Last Year: -16%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Equity Capital 16.51 16.51 16.51 16.51 16.51 16.51 16.51 16.51 16.51 16.51 19.01 20.91
Reserves 1.54 1.57 1.61 1.29 -0.95 -7.36 -1.59 -1.27 -1.10 12.07 37.65 35.30
0.00 0.00 0.00 0.00 0.00 0.00 0.25 0.00 0.00 0.00 0.00 9.74
4.24 0.02 0.46 0.47 0.11 0.39 1.35 3.53 2.23 6.17 7.81 13.75
Total Liabilities 22.29 18.10 18.58 18.27 15.67 9.54 16.52 18.77 17.64 34.75 64.47 79.70
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.70
CWIP 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Investments 2.40 5.79 7.42 3.60 4.28 4.48 11.44 16.89 7.28 21.09 40.03 45.38
19.89 12.31 11.16 14.67 11.39 5.06 5.08 1.88 10.36 13.66 24.44 33.62
Total Assets 22.29 18.10 18.58 18.27 15.67 9.54 16.52 18.77 17.64 34.75 64.47 79.70

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
0.19 -1.79 0.77 -6.01 1.67 0.37 6.76 5.65 -9.40 14.69 -9.93 -2.65
5.02 -3.39 -1.63 3.68 0.03 -0.19 -6.94 -5.45 9.60 -14.89 -11.70 -15.03
-5.13 5.17 0.83 2.32 -1.65 -0.22 0.25 -0.25 0.00 0.00 21.75 18.29
Net Cash Flow 0.08 -0.01 -0.04 -0.02 0.06 -0.04 0.07 -0.05 0.20 -0.19 0.13 0.61
Free Cash Flow 0.19 -1.79 0.77 -6.01 1.67 0.37 6.76 5.65 -9.40 14.69 -9.93 -2.65
CFO/OP -59% 442% -120% 514% -49% -4% -878% -1,027% -4,916% 625% 1,215% 182%

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Debtor Days 233.75 4.21 112.61 195.57 107.94 109.01 121.89 15.06 25.85 0.00 0.00 0.00
Inventory Days 780.21 1,056.29 411.08 114.63 61.12 0.00 47.74 68.23 280.44 14.79 67,890.00
Days Payable 407.49 0.00 32.92 11.15 0.00 46.27 97.68 88.38 0.00 0.00
Cash Conversion Cycle 606.48 1,060.50 490.78 299.04 169.06 109.01 123.36 -14.39 217.90 14.79 0.00 67,890.00
Working Capital Days 1,491.61 1,715.50 852.20 349.22 251.94 158.76 264.90 -53.84 365.45 160.34 6,537.41 22,447.50
ROCE % 0.44% 0.28% 0.28% -1.11% -12.59% -56.50% 55.51% -1.97% -16.64% 17.50% 14.81% -16.95%

Insights

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Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Loan Book (Loans & Advances)
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Non-Current Investments (Quoted Equity at Fair/Carrying Value)
INR '000
Number of Shareholders
count
Trading Turnover (Sale of Securities/Products)
INR '000
Number of Quoted Equity Holdings in Portfolio
count
Stock-in-Trade (Inventory of Securities)
INR '000
Number of Permanent Employees on Rolls
count

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

2 Recently
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
6.31% 6.31% 6.31% 6.31% 7.28% 7.28% 34.04% 45.42% 45.42% 45.42% 50.38% 55.37%
93.69% 93.68% 93.68% 93.69% 92.72% 92.72% 65.96% 54.56% 54.56% 54.58% 49.61% 44.62%
No. of Shareholders 9299269391,0601,2811,3761,4231,3861,4641,4391,3991,425

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