BF Utilities Ltd
Incorporated in 2000, BF Utilities Ltd is engaged in the generation of electricity through wind mills and Infrastructure activities. [1]
- Market Cap ₹ 3,199 Cr.
- Current Price ₹ 850
- High / Low ₹ 1,129 / 572
- Stock P/E 653
- Book Value ₹ 43.6
- Dividend Yield 0.00 %
- ROCE 12.8 %
- ROE 10.2 %
- Face Value ₹ 5.00
Pros
- Company is almost debt free.
Cons
- Stock is trading at 19.5 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.15.0 Cr.
* 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
Services Services Transport Infrastructure Road AssetsToll, Annuity, Hybrid-Annuity
Part of BSE SmallCap BSE Allcap BSE Services
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Sep 2014 | Sep 2015 | Mar 2016 6m | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
23.47 | 19.07 | 5.21 | 21.25 | 14.85 | 17.81 | 19.25 | 14.59 | 18.38 | 18.03 | 19.40 | 18.58 | 18.90 | |
11.87 | 8.62 | 3.63 | 7.41 | 11.27 | 16.85 | 16.83 | 16.42 | 18.16 | 19.09 | 21.19 | 19.49 | 21.91 | |
Operating Profit | 11.60 | 10.45 | 1.58 | 13.84 | 3.58 | 0.96 | 2.42 | -1.83 | 0.22 | -1.06 | -1.79 | -0.91 | -3.01 |
OPM % | 49.42% | 54.80% | 30.33% | 65.13% | 24.11% | 5.39% | 12.57% | -12.54% | 1.20% | -5.88% | -9.23% | -4.90% | -15.93% |
1.73 | 4.24 | 0.04 | 4.10 | 18.40 | 31.94 | 4.51 | 2.43 | 6.60 | 8.58 | 16.19 | 23.10 | 15.04 | |
Interest | 5.84 | 5.61 | 0.41 | 5.85 | 3.57 | 2.45 | 1.09 | 0.56 | 0.21 | 0.04 | 0.00 | 0.00 | 0.00 |
Depreciation | 6.11 | 4.79 | 1.94 | 3.87 | 3.86 | 3.86 | 3.87 | 3.57 | 2.02 | 0.71 | 0.71 | 0.68 | 0.68 |
Profit before tax | 1.38 | 4.29 | -0.73 | 8.22 | 14.55 | 26.59 | 1.97 | -3.53 | 4.59 | 6.77 | 13.69 | 21.51 | 11.35 |
Tax % | 5.80% | -23.78% | 38.36% | 11.19% | -8.73% | -2.22% | -27.92% | -51.27% | 38.34% | 14.62% | 26.30% | 25.66% | |
1.29 | 5.31 | -1.01 | 7.30 | 15.82 | 27.17 | 2.52 | -1.72 | 2.83 | 5.77 | 10.09 | 15.98 | 4.90 | |
EPS in Rs | 0.34 | 1.41 | -0.27 | 1.94 | 4.20 | 7.21 | 0.67 | -0.46 | 0.75 | 1.53 | 2.68 | 4.24 | 1.30 |
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: | -2% |
5 Years: | -1% |
3 Years: | 0% |
TTM: | -3% |
Compounded Profit Growth | |
---|---|
10 Years: | 29% |
5 Years: | 45% |
3 Years: | 78% |
TTM: | -82% |
Stock Price CAGR | |
---|---|
10 Years: | 6% |
5 Years: | 30% |
3 Years: | 24% |
1 Year: | -11% |
Return on Equity | |
---|---|
10 Years: | 7% |
5 Years: | 5% |
3 Years: | 7% |
Last Year: | 10% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Sep 2014 | Sep 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 18.83 | 18.83 | 18.83 | 18.83 | 18.83 | 18.83 | 18.83 | 18.83 | 18.83 | 18.83 | 18.83 | 18.83 |
Reserves | 54.27 | 59.58 | 58.57 | 66.13 | 82.08 | 109.27 | 111.68 | 110.07 | 113.44 | 119.27 | 129.45 | 145.45 |
106.72 | 75.39 | 81.89 | 62.33 | 46.41 | 36.99 | 30.17 | 24.93 | 20.92 | 18.63 | 13.00 | 10.50 | |
52.47 | 53.25 | 46.08 | 65.65 | 59.17 | 52.17 | 47.80 | 37.48 | 33.21 | 33.21 | 33.90 | 33.72 | |
Total Liabilities | 232.29 | 207.05 | 205.37 | 212.94 | 206.49 | 217.26 | 208.48 | 191.31 | 186.40 | 189.94 | 195.18 | 208.50 |
31.90 | 27.41 | 25.48 | 21.62 | 17.76 | 13.93 | 10.10 | 6.54 | 4.54 | 3.84 | 3.15 | 2.52 | |
CWIP | 2.87 | 7.44 | 7.82 | 11.19 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Investments | 135.29 | 105.63 | 114.00 | 112.43 | 111.15 | 110.89 | 110.51 | 110.56 | 111.06 | 110.84 | 110.94 | 111.04 |
62.23 | 66.57 | 58.07 | 67.70 | 77.58 | 92.44 | 87.87 | 74.21 | 70.80 | 75.26 | 81.09 | 94.94 | |
Total Assets | 232.29 | 207.05 | 205.37 | 212.94 | 206.49 | 217.26 | 208.48 | 191.31 | 186.40 | 189.94 | 195.18 | 208.50 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Sep 2014 | Sep 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
6.81 | 7.17 | 3.64 | 22.18 | 10.77 | 0.82 | 0.48 | -3.07 | 0.32 | -2.45 | -4.87 | -23.68 | |
-11.88 | 28.91 | -8.73 | -1.32 | -3.96 | 9.66 | 22.59 | -2.64 | -2.83 | 3.82 | 11.53 | 24.95 | |
5.36 | -36.84 | 5.62 | -14.30 | -13.05 | -12.16 | -6.17 | -3.77 | -4.22 | -2.32 | -5.63 | -2.50 | |
Net Cash Flow | 0.29 | -0.75 | 0.52 | 6.55 | -6.24 | -1.68 | 16.89 | -9.47 | -6.74 | -0.95 | 1.03 | -1.23 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Sep 2014 | Sep 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 1.24 | 49.19 | 49.04 | 155.62 | 41.05 | 37.30 | 6.64 | 0.00 | 0.60 | 0.00 | 0.00 | 0.00 |
Inventory Days | ||||||||||||
Days Payable | ||||||||||||
Cash Conversion Cycle | 1.24 | 49.19 | 49.04 | 155.62 | 41.05 | 37.30 | 6.64 | 0.00 | 0.60 | 0.00 | 0.00 | 0.00 |
Working Capital Days | -779.14 | -1,085.43 | -4,623.80 | -1,335.30 | -1,780.27 | -1,336.63 | -1,160.42 | -952.15 | -620.18 | -577.16 | -434.99 | -389.56 |
ROCE % | 4.13% | 2.73% | -0.19% | 9.20% | 12.09% | 18.59% | 1.88% | -1.89% | 3.13% | 4.38% | 8.61% | 12.80% |
Documents
Announcements
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Update On Intimation Of Fine
17 Sep - Paid Rs 1,71,100 each fine to NSE and BSE on September 16, 2025 for delay.
-
Intimation Of Fine
16 Sep - Exchanges fined Rs.1,71,100 each for delayed consolidated Q1 June 30, 2025 results.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
4 Sep - Copy of newspaper publication informing about reminder notice of special window for relodgement of transfer requests of physical shares
-
Extension Of Time For Holding Annual General Meeting For The
Financial Year Ended March 31, 2025
28 Aug - ROC granted 3-month extension to hold 25th AGM; order dated August 19, 2025.
-
Clarification For Volume Movement Letter
22 Aug - BF Utilities says August 22, 2025 volume increase market-driven; disclosures made under Reg 30.
Annual reports
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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 nse
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Financial Year 2012
from bse
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Financial Year 2011
from bse
Products
The Company primarily generates wind power which is then utilised by Bharat Forge Ltd. at its plant in Pune. Other than that it is involved in the infrastructure business. [1][2]