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 ₹ 2,956 Cr.
- Current Price ₹ 785
- High / Low ₹ 1,129 / 572
- Stock P/E 185
- Book Value ₹ 43.6
- Dividend Yield 0.00 %
- ROCE 12.8 %
- ROE 10.2 %
- Face Value ₹ 5.00
Pros
- Company is almost debt free.
- Company has delivered good profit growth of 44.7% CAGR over last 5 years
Cons
- Stock is trading at 18.1 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.23.1 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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
23 | 19 | 5 | 21 | 15 | 18 | 19 | 15 | 18 | 18 | 19 | 19 | |
12 | 9 | 4 | 7 | 11 | 17 | 17 | 16 | 18 | 19 | 21 | 19 | |
Operating Profit | 12 | 10 | 2 | 14 | 4 | 1 | 2 | -2 | 0 | -1 | -2 | -1 |
OPM % | 49% | 55% | 30% | 65% | 24% | 5% | 13% | -13% | 1% | -6% | -9% | -5% |
2 | 4 | 0 | 4 | 18 | 32 | 5 | 2 | 7 | 9 | 16 | 23 | |
Interest | 6 | 6 | 0 | 6 | 4 | 2 | 1 | 1 | 0 | 0 | 0 | 0 |
Depreciation | 6 | 5 | 2 | 4 | 4 | 4 | 4 | 4 | 2 | 1 | 1 | 1 |
Profit before tax | 1 | 4 | -1 | 8 | 15 | 27 | 2 | -4 | 5 | 7 | 14 | 22 |
Tax % | 6% | -24% | 38% | 11% | -9% | -2% | -28% | -51% | 38% | 15% | 26% | 26% |
1 | 5 | -1 | 7 | 16 | 27 | 3 | -2 | 3 | 6 | 10 | 16 | |
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 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | -2% |
5 Years: | -1% |
3 Years: | 0% |
TTM: | -4% |
Compounded Profit Growth | |
---|---|
10 Years: | 29% |
5 Years: | 45% |
3 Years: | 78% |
TTM: | 58% |
Stock Price CAGR | |
---|---|
10 Years: | 3% |
5 Years: | 32% |
3 Years: | 39% |
1 Year: | -16% |
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 | 19 | 19 | 19 | 19 | 19 | 19 | 19 | 19 | 19 | 19 | 19 | 19 |
Reserves | 54 | 60 | 59 | 66 | 82 | 109 | 112 | 110 | 113 | 119 | 129 | 145 |
107 | 75 | 82 | 62 | 46 | 37 | 30 | 25 | 21 | 19 | 13 | 10 | |
52 | 53 | 46 | 66 | 59 | 52 | 48 | 37 | 33 | 33 | 34 | 34 | |
Total Liabilities | 232 | 207 | 205 | 213 | 206 | 217 | 208 | 191 | 186 | 190 | 195 | 208 |
32 | 27 | 25 | 22 | 18 | 14 | 10 | 7 | 5 | 4 | 3 | 3 | |
CWIP | 3 | 7 | 8 | 11 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments | 135 | 106 | 114 | 112 | 111 | 111 | 111 | 111 | 111 | 111 | 111 | 111 |
62 | 67 | 58 | 68 | 78 | 92 | 88 | 74 | 71 | 75 | 81 | 95 | |
Total Assets | 232 | 207 | 205 | 213 | 206 | 217 | 208 | 191 | 186 | 190 | 195 | 208 |
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
7 | 7 | 4 | 22 | 11 | 1 | 0 | -3 | 0 | -2 | -5 | -24 | |
-12 | 29 | -9 | -1 | -4 | 10 | 23 | -3 | -3 | 4 | 12 | 25 | |
5 | -37 | 6 | -14 | -13 | -12 | -6 | -4 | -4 | -2 | -6 | -2 | |
Net Cash Flow | 0 | -1 | 1 | 7 | -6 | -2 | 17 | -9 | -7 | -1 | 1 | -1 |
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 | 49 | 49 | 156 | 41 | 37 | 7 | 0 | 1 | 0 | 0 | 0 |
Inventory Days | ||||||||||||
Days Payable | ||||||||||||
Cash Conversion Cycle | 1 | 49 | 49 | 156 | 41 | 37 | 7 | 0 | 1 | 0 | 0 | 0 |
Working Capital Days | -543 | -604 | -2,405 | -632 | -978 | -882 | -758 | -355 | -205 | -200 | -190 | -183 |
ROCE % | 4% | 3% | -0% | 9% | 12% | 19% | 2% | -2% | 3% | 4% | 9% | 13% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Change in Management
6 Jun - Re-appointment of Mr. B S. Mitkari as Whole-Time Director till Feb 28, 2027 approved by shareholders.
- Shareholder Meeting / Postal Ballot-Scrutinizer"s Report 6 Jun
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Proceedings Of Postal Ballot
5 Jun - Postal ballot held for re-appointment of Whole-Time Director Mr. B S. Mitkari; results by June 9, 2025.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
30 May - Newspaper publication for the quarter and year ended March 31, 2025
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Update On Consolidated Financial Results For The Quarter And Year Ended March 31, 2025
29 May - BF Utilities delays consolidated results pending subsidiaries' audited data for FY25.
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]