BGR Energy Systems Ltd
Incorporated in 1985, BGR Energy Systems
Ltd in the business of Supply of systems and Equipment and Turnkey Engineering project contracting[1]
- Market Cap ₹ 2,194 Cr.
- Current Price ₹ 304
- High / Low ₹ 305 / 34.5
- Stock P/E
- Book Value ₹ -223
- Dividend Yield 0.00 %
- ROCE -25.0 %
- ROE %
- Face Value ₹ 10.0
Pros
Cons
- 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.2,080 Cr.
- Promoters have pledged or encumbered 58.8% of their holding.
- Company has high debtors of 288 days.
- Promoter holding has decreased over last 3 years: -24.0%
* 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
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
3,301 | 3,366 | 3,244 | 3,441 | 3,298 | 3,273 | 2,692 | 1,140 | 1,221 | 806 | 1,012 | 452 | 367 | |
2,928 | 3,227 | 2,887 | 3,052 | 2,950 | 2,949 | 2,478 | 1,304 | 1,090 | 1,085 | 1,337 | 1,019 | 1,035 | |
Operating Profit | 373 | 139 | 356 | 389 | 348 | 324 | 214 | -164 | 130 | -278 | -325 | -566 | -668 |
OPM % | 11% | 4% | 11% | 11% | 11% | 10% | 8% | -14% | 11% | -35% | -32% | -125% | -182% |
6 | 7 | 7 | 21 | 3 | 3 | 43 | 7 | 13 | 50 | 98 | 206 | 213 | |
Interest | 185 | 212 | 301 | 265 | 288 | 271 | 302 | 300 | 359 | 399 | 445 | 600 | 660 |
Depreciation | 21 | 27 | 24 | 24 | 25 | 28 | 35 | 31 | 27 | 17 | 13 | 13 | 13 |
Profit before tax | 173 | -93 | 38 | 121 | 37 | 28 | -80 | -487 | -243 | -644 | -685 | -973 | -1,127 |
Tax % | 48% | 39% | 66% | 29% | 85% | 46% | -88% | -24% | -24% | -24% | 11% | 0% | |
90 | -129 | 13 | 85 | 5 | 15 | -10 | -368 | -185 | -488 | -761 | -973 | -1,127 | |
EPS in Rs | 13.31 | -11.07 | 2.43 | 10.10 | 2.27 | 2.67 | -0.40 | -50.51 | -25.37 | -67.21 | -105.07 | -134.75 | -155.77 |
Dividend Payout % | 23% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | -18% |
5 Years: | -30% |
3 Years: | -28% |
TTM: | -65% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
TTM: | -43% |
Stock Price CAGR | |
---|---|
10 Years: | 10% |
5 Years: | 55% |
3 Years: | 60% |
1 Year: | 518% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
Last Year: | % |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 72 | 72 | 72 | 72 | 72 | 72 | 72 | 72 | 72 | 72 | 72 | 72 |
Reserves | 1,222 | 1,139 | 1,168 | 1,242 | 1,251 | 1,155 | 1,107 | 698 | 505 | 20 | -733 | -1,680 |
2,020 | 2,118 | 2,303 | 2,001 | 2,228 | 2,259 | 2,143 | 1,943 | 1,878 | 1,845 | 1,833 | 3,471 | |
3,544 | 3,314 | 3,148 | 3,111 | 3,226 | 3,217 | 2,923 | 2,677 | 2,905 | 3,019 | 3,186 | 2,838 | |
Total Liabilities | 6,858 | 6,643 | 6,691 | 6,426 | 6,777 | 6,704 | 6,245 | 5,389 | 5,360 | 4,955 | 4,358 | 4,701 |
440 | 421 | 494 | 488 | 493 | 493 | 403 | 370 | 336 | 324 | 300 | 285 | |
CWIP | 157 | 5 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments | 0 | 0 | 1 | 1 | 1 | 1 | 0 | 1 | 1 | 1 | 2 | 2 |
6,260 | 6,217 | 6,196 | 5,937 | 6,283 | 6,211 | 5,841 | 5,018 | 5,023 | 4,630 | 4,057 | 4,414 | |
Total Assets | 6,858 | 6,643 | 6,691 | 6,426 | 6,777 | 6,704 | 6,245 | 5,389 | 5,360 | 4,955 | 4,358 | 4,701 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
211 | -5 | -82 | 545 | 24 | 250 | 370 | 469 | 327 | 304 | 150 | -1,857 | |
-43 | 142 | -19 | -18 | -31 | -25 | 42 | -1 | 8 | -2 | 0 | 2 | |
-434 | -130 | -117 | -534 | -91 | -232 | -413 | -459 | -370 | -306 | -143 | 1,883 | |
Net Cash Flow | -265 | 7 | -218 | -7 | -98 | -7 | -1 | 10 | -35 | -4 | 8 | 28 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
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 | 305 | 262 | 296 | 230 | 332 | 322 | 119 | 259 | 218 | 306 | 209 | 288 |
Inventory Days | 11 | 8 | 5 | 13 | 9 | 7 | 10 | 25 | 18 | 28 | 19 | 10 |
Days Payable | 255 | 248 | 276 | 303 | 278 | 257 | 259 | 687 | 410 | 752 | 521 | 892 |
Cash Conversion Cycle | 60 | 22 | 24 | -60 | 63 | 72 | -130 | -403 | -173 | -418 | -293 | -594 |
Working Capital Days | 88 | 59 | 66 | 17 | -18 | -49 | -68 | -136 | -124 | -203 | -214 | -1,294 |
ROCE % | 10% | 4% | 10% | 10% | 10% | 8% | 5% | -6% | 4% | -11% | -15% | -25% |
Documents
Announcements
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Revised Disclosures By Listed Entity Of Defaults On Payment Of Interest/Payment Of Principal Amount For Loans Including Revolving Facilities Like Cash Credit From Banks/ Financial Institutions For The Quarter Ended On 30Th September 2025.
1d - Bank loans taken over by NARCL on 30.09.2025; total indebtedness not ascertainable; NCDs NIL.
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Disclosures By Listed Entity Of Defaults On Payment Of Interest/Payment Of Principal Amount For Loans Including Revolving Facilities Like Cash Credit From Banks/ Financial Institutions For The Quarter Ended On 30Th September 2025
2d - As of 30.09.2025 loans not ascertained due to NARCL takeover; unlisted debt NIL.
-
Intimation Under Regulation 30 Of SEBI (LODR)
30 Sep - Lenders led by SBI assigned outstanding debt and securities to NARCL Trust-0029 via 29 Sep 2025 agreement.
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General-Update
30 Sep - RTA MUFG Intime email changed to Investor.helpdesk@in.mpms.mufg.com effective October 1, 2025.
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General Announcement Under Regulation 30 Of SEBI (LODR)
27 Sep - 39th AGM (26 Sep 2025): six resolutions passed; revoked Rs.1,700 crore authorized-capital increase after bank NPA conversion.
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
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
from nse
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Financial Year 2012
from bse
Business Overview:[1][2][3]
BESL is a part of BGR family. It is a manufacturer of capital equipment for Power Plants, Petrochemical Industries, Refineries, Process Industries and undertakes turnkey
Balance of Plant and Engineering. Majority of the company's projects are in the BTG (Boiler, Turbine & Generator) and BOP segments
for the power sector. BESL does design at offices, manufacturing at factories and project sites, civil and mechanical construction, erection and commissioning of equipment’s /
packages.