Incorporated in 2000, BF Utilities Ltd is engaged in the generation of electricity through wind mills and Infrastructure activities.[1]
ProductsThe 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]
| S.No. | Name | Current Price (Rs.) | Price to Earning | Market Capitalization (Rs.Cr.) | Dividend yield (%) | Net Profit latest quarter (Rs.Cr.) | YOY Quarterly profit growth (%) | Sales latest quarter (Rs.Cr.) | YOY Quarterly sales growth (%) | Return on capital employed (%) | Sales (Rs.Cr.) | OPM (%) | Profit after tax (Rs.Cr.) | Profit after tax latest quarter (Rs.Cr.) | Price to book value | Return on assets (%) | Debt to equity |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | National High | 148.00 | 68.24 | 28665.39 | 4.87 | 112.09 | 58.27 | 1001.55 | 76.71 | 3.38 | 3257.78 | 82.79 | 420.04 | 112.09 | 1.33 | 0.90 | 1.01 |
| 2. | Cube Highways | 137.01 | 594.23 | 18415.10 | 4.45 | 40.22 | 234.52 | 1051.62 | 28.30 | 3.91 | 3719.83 | 70.37 | 30.99 | 40.22 | 1.73 | -0.31 | 1.68 |
| 3. | Vertis Infra. | 108.00 | 27.16 | 16307.83 | 0.00 | 188.20 | 77.33 | 1001.66 | 95.66 | 9.51 | 3034.13 | 73.21 | 600.50 | 243.81 | 2.33 | 4.37 | 1.60 |
| 4. | Maple Inf. Trust | 145.60 | – | 10022.49 | 2.25 | -19.34 | 48.92 | 218.37 | 10.95 | 3.87 | 788.09 | 66.09 | -120.59 | -19.34 | 1.76 | -1.50 | 1.59 |
| 5. | Indus Inf. Trust | 116.56 | 11.58 | 5167.77 | 5.66 | 59.38 | -43.08 | 123.42 | -20.89 | 9.32 | 771.27 | 71.59 | 446.20 | 59.38 | 1.07 | 6.92 | 0.46 |
| 6. | IRB InvIT Fund | 62.92 | 13.67 | 4975.86 | 12.71 | 82.74 | -4.12 | 276.60 | 2.42 | 9.22 | 1124.31 | 82.92 | 364.11 | 81.52 | 0.97 | 2.71 | 1.75 |
| 7. | Roadstar Infra | 67.99 | – | 3096.79 | 13.09 | -146.36 | -229.56 | 583.10 | 67.94 | 4.83 | 1166.29 | 47.52 | -102.89 | -142.70 | 0.77 | 0.23 | 0.88 |
| 8. | BF Utilities | 671.05 | 326.86 | 2503.79 | 0.00 | 1.79 | 284.54 | 7.97 | -10.65 | 12.80 | 17.95 | -11.87 | 7.66 | 1.79 | 14.67 | 7.92 | 0.06 |
| – | Median: 10 Co. | 112.28 | 21.07 | 5071.82 | 3.35 | 24.91 | 58.27 | 247.49 | 10.95 | 9.27 | 1025.43 | 70.98 | 197.55 | 24.91 | 1.73 | 3.54 | 1.3 |
Standalone figures in ₹ crores
| Dec 2022 | Dec 2023 | Dec 2024 | Jun 2023 | Jun 2024 | Jun 2025 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2022 | Sep 2023 | Sep 2024 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Sales | 2.96 | 1.37 | 1.84 | 5.36 | 5.45 | 5.77 | 2.05 | 2.38 | 2.37 | 7.68 | 10.29 | 8.92 | 7.97 |
Expenses | 3.42 | 2.77 | 3.05 | 5.76 | 5.38 | 7.80 | 3.12 | 3.51 | 2.93 | 6.83 | 9.15 | 8.13 | 6.30 |
Operating Profit | -0.46 | -1.40 | -1.21 | -0.40 | 0.07 | -2.03 | -1.07 | -1.13 | -0.56 | 0.85 | 1.14 | 0.79 | 1.67 |
Other Income | 7.34 | 0.60 | 1.02 | 0.49 | 19.55 | 11.49 | 0.53 | 14.55 | 0.99 | 0.35 | 0.55 | 1.54 | 1.07 |
Profit before tax | 6.70 | -0.98 | -0.36 | -0.09 | 19.44 | 9.29 | -0.72 | 13.24 | 0.26 | 1.02 | 1.51 | 2.16 | 2.57 |
Tax % | 11.64% | -26.53% | 72.22% | -55.56% | 9.98% | 30.89% | 43.06% | 29.23% | 73.08% | -4.90% | 3.31% | 144.91% | 30.74% |
Net Profit | 5.92 | -0.72 | -0.62 | -0.04 | 17.50 | 6.42 | -1.02 | 9.38 | 0.07 | 1.07 | 1.47 | -0.97 | 1.79 |
EPS in Rs | 1.57 | -0.19 | -0.16 | -0.01 | 4.64 | 1.70 | -0.27 | 2.49 | 0.02 | 0.28 | 0.39 | -0.26 | 0.47 |
Standalone Figures in ₹ Crores / Yearly
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2014 | Sep 2015 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Sales | 5.21 | 21.25 | 14.85 | 17.81 | 19.25 | 14.59 | 18.38 | 18.03 | 19.40 | 18.58 | 23.47 | 19.07 | 17.95 |
Expenses | 3.63 | 7.41 | 11.27 | 16.85 | 16.83 | 16.42 | 18.16 | 19.09 | 21.19 | 19.49 | 11.87 | 8.62 | 20.08 |
Operating Profit | 1.58 | 13.84 | 3.58 | 0.96 | 2.42 | -1.83 | 0.22 | -1.06 | -1.79 | -0.91 | 11.60 | 10.45 | -2.13 |
Other Income | 0.04 | 4.10 | 18.40 | 31.94 | 4.51 | 2.43 | 6.60 | 8.58 | 16.19 | 23.10 | 1.73 | 4.24 | 14.57 |
Interest | 0.41 | 5.85 | 3.57 | 2.45 | 1.09 | 0.56 | 0.21 | 0.04 | -0.00 | -0.00 | 5.84 | 5.61 | 0.00 |
Depreciation | 1.94 | 3.87 | 3.86 | 3.86 | 3.87 | 3.57 | 2.02 | 0.71 | 0.71 | 0.68 | 6.11 | 4.79 | 0.68 |
Profit before tax | -0.73 | 8.22 | 14.55 | 26.59 | 1.97 | -3.53 | 4.59 | 6.77 | 13.69 | 21.51 | 1.38 | 4.29 | 11.76 |
Net Profit | -1.01 | 7.30 | 15.82 | 27.17 | 2.52 | -1.72 | 2.83 | 5.77 | 10.09 | 15.99 | 1.29 | 5.31 | 7.66 |
EPS in Rs | -0.27 | 1.94 | 4.20 | 7.21 | 0.67 | -0.46 | 0.75 | 1.53 | 2.68 | 4.24 | 0.34 | 1.41 | 2.03 |
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% | – |
Standalone figures in ₹ crores
| Sep 2014 | Sep 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 | 18.83 | 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 | 129.46 | 145.46 | 153.60 |
Borrowings | 106.72 | 75.39 | 81.89 | 62.33 | 46.41 | 36.99 | 30.17 | 24.93 | 20.92 | 18.63 | 13.00 | 10.50 | 9.50 |
Other Liabilities | 52.47 | 53.25 | 46.08 | 65.65 | 59.17 | 52.17 | 47.80 | 37.48 | 33.21 | 33.21 | 33.89 | 33.71 | 36.12 |
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 | 218.05 |
Fixed Assets | 31.90 | 27.41 | 25.48 | 21.62 | 17.76 | 13.93 | 10.10 | 6.54 | 4.54 | 3.84 | 3.15 | 2.52 | 2.19 |
Gross Block | 117.68 | 117.99 | 117.99 | 118.00 | 118.00 | 118.03 | 117.83 | 118.02 | 118.04 | 118.05 | 117.96 | 118.00 | – |
Accumulated Depreciation | 85.79 | 90.58 | 92.52 | 96.38 | 100.24 | 104.10 | 107.73 | 111.48 | 113.50 | 114.21 | 114.81 | 115.48 | – |
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 | -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 | 111.04 |
Other Assets | 62.23 | 66.57 | 58.07 | 67.70 | 77.58 | 92.44 | 87.87 | 74.21 | 70.80 | 75.26 | 81.09 | 94.94 | 104.82 |
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 | 218.05 |
Standalone Figures in ₹ Crores / Yearly
| Sep 2014 | Sep 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Cash from Operating Activity | 6.81 | 7.17 | 3.64 | 22.18 | 10.77 | 0.82 | 0.48 | -3.07 | 0.32 | -2.45 | -4.87 | -23.68 |
Cash from Investing Activity | -11.88 | 28.91 | -8.73 | -1.32 | -3.96 | 9.66 | 22.59 | -2.64 | -2.83 | 3.82 | 11.53 | 24.95 |
Cash from Financing Activity | 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 |
Standalone Figures in ₹ Crores / Yearly
| 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 | -392.50 |
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% |
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