BF Investment Ltd
- Market Cap ₹ 1,393 Cr.
- Current Price ₹ 371
- High / Low ₹ 562 / 360
- Stock P/E 15.5
- Book Value ₹ 807
- Dividend Yield 0.00 %
- ROCE 4.49 %
- ROE 3.22 %
- Face Value ₹ 5.00
Pros
- Company is almost debt free.
- Stock is trading at 0.46 times its book value
- Company's median sales growth is 26.8% of last 10 years
Cons
- 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.
* 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
Financial Services Financial Services Finance Holding Company
Part of BSE Allcap BSE Financial Services
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 23 | 21 | 25 | 22 | 38 | 49 | 72 | 32 | 53 | 95 | 118 | 137 | 129 | |
| 2 | 1 | 2 | 3 | -4 | 4 | 6 | 6 | 4 | 6 | 6 | 7 | 10 | |
| Operating Profit | 21 | 20 | 23 | 18 | 43 | 45 | 66 | 26 | 48 | 89 | 112 | 130 | 118 |
| OPM % | 92% | 95% | 92% | 84% | 111% | 91% | 92% | 82% | 92% | 94% | 95% | 95% | 92% |
| 1 | 0 | 0 | 0 | -21 | 2 | -4 | 0 | 0 | 0 | 0 | 0 | 1 | |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 1 | 1 | 1 | 0 | 0 | 1 | 1 | 1 | 1 | 0 | 0 | 0 |
| Profit before tax | 21 | 19 | 22 | 18 | 21 | 46 | 62 | 26 | 48 | 88 | 111 | 129 | 120 |
| Tax % | 7% | 2% | 3% | -0% | 3% | 7% | 5% | 29% | 24% | 23% | 25% | 28% | |
| 20 | 19 | 22 | 18 | 20 | 43 | 59 | 18 | 36 | 68 | 84 | 92 | 90 | |
| EPS in Rs | 5.30 | 4.98 | 5.72 | 4.73 | 5.43 | 11.49 | 15.53 | 4.87 | 9.60 | 18.06 | 22.22 | 24.55 | 23.91 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 21% |
| 5 Years: | 14% |
| 3 Years: | 38% |
| TTM: | 4% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 17% |
| 5 Years: | 8% |
| 3 Years: | 37% |
| TTM: | 7% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 11% |
| 5 Years: | 5% |
| 3 Years: | -2% |
| 1 Year: | -12% |
| Return on Equity | |
|---|---|
| 10 Years: | 3% |
| 5 Years: | 3% |
| 3 Years: | 3% |
| Last Year: | 3% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 19 | 19 | 19 | 19 | 19 | 19 | 19 | 19 | 19 | 19 | 19 | 19 | 19 |
| Reserves | 646 | 664 | 686 | 704 | 1,594 | 1,337 | 921 | 1,536 | 1,938 | 2,115 | 2,769 | 2,940 | 3,020 |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| 1 | 1 | 1 | 1 | 1 | 2 | 2 | 1 | 2 | 3 | 77 | 121 | 128 | |
| Total Liabilities | 665 | 684 | 706 | 723 | 1,613 | 1,358 | 942 | 1,556 | 1,959 | 2,137 | 2,864 | 3,079 | 3,166 |
| 2 | 2 | 2 | 15 | 14 | 14 | 14 | 15 | 16 | 15 | 15 | 14 | 14 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 506 | 515 | 539 | 538 | 1,540 | 1,245 | 789 | 1,381 | 1,742 | 1,864 | 2,510 | 2,608 | 2,639 |
| 158 | 167 | 164 | 170 | 60 | 99 | 140 | 160 | 201 | 258 | 340 | 457 | 513 | |
| Total Assets | 665 | 684 | 706 | 723 | 1,613 | 1,358 | 942 | 1,556 | 1,959 | 2,137 | 2,864 | 3,079 | 3,166 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -9 | -9 | -6 | -2 | 24 | 5 | 47 | 9 | 38 | 63 | 84 | 95 | |
| 14 | -10 | -33 | -17 | -20 | -0 | -39 | -3 | -59 | -56 | -57 | -123 | |
| 15 | 17 | 20 | 19 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Net Cash Flow | 20 | -1 | -19 | -0 | 3 | 5 | 8 | 6 | -21 | 7 | 27 | -28 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Inventory Days | ||||||||||||
| Days Payable | ||||||||||||
| Cash Conversion Cycle | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Working Capital Days | 313 | 526 | 524 | 881 | 203 | 436 | 127 | 303 | 176 | 100 | 73 | 67 |
| ROCE % | 3% | 3% | 3% | 2% | 3% | 3% | 6% | 2% | 3% | 4% | 5% | 4% |
Insights
In beta| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Number of Permanent Employees Number |
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Documents
Announcements
- Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 22h
- Disclosures under Reg. 10(5) in respect of acquisition under Reg. 10(1)(a) of SEBI (SAST) Regulations, 2011 22h
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Disclosure Under Regulation 30 - Disclosure Of Inter-Se-Transfer Of Shares Amongst The Promoters Under Regulation 10(5) Of SEBI (SAST) Regulations, 2011
23h - Promoters' inter-se transfer of 50,54,091 shares (13.42%) on/after 24 Mar 2026 at Rs.395 ±15%.
-
Disclosure Under Reg 30 Of SEBI (LODR) - Intimation Of Fine
4 Mar - Paid Rs.2,71,400 each to NSE and BSE on March 2, 2026 for Regulation 17(1) non-compliance.
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Intimation Of Fine Paid
2 Mar - NSE and BSE fined company Rs.2,71,400 each; paid March 2, 2026; appointing independent woman director.
Annual reports
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Financial Year 2025
from bse
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Financial Year 2024
from bse
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Financial Year 2023
from bse
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Financial Year 2022
from bse
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Financial Year 2021
from bse
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Financial Year 2020
from bse
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Financial Year 2019
from bse
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Financial Year 2018
from bse
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Financial Year 2017
from bse
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Financial Year 2016
from bse
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Financial Year 2015
from bse
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Financial Year 2014
from bse
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Financial Year 2013
from bse
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Financial Year 2012
from bse
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Financial Year 2011
from nse
History
The Company was incorporated in 2009 by demerging the Investment Business of BF Utilities Ltd. by way of a Composite Scheme of Arrangement. Under the said business restructuring, Investment Business has been transferred to BF Investment Ltd. [1]