BFUTILITIE Share Price Today - BF Utilities on NSE/BSE

compare with

Atlantaa

45.66 (-5.01)%

Gayatri Highways

3.76 (-5.05)%

Noida Toll Bridge

4.35 (-2.25)%

MEP Infrastructure Developers

2.46 (-2.38)%

Key Fundamentals

Market Cap

2,541.60 Cr

EPS

39.12

PE Ratio

7.71

Dividend Yield

0.00 %

Industry

Transport

52 Week High

1,080.00

52 Week Low

573.00

PB Ratio

19.57

Debt to Equity

20.18

Sector

Toll Road Assets

Actual

Company News

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BF Utilities Reports Mixed Q2 Results with Profit Drop and Ongoing Arbitration Concerns

5 days ago

BF Utilities Limited reported quarterly results for the period ended September 30, 2025. Revenue from operations declined to Rs 797.15 lakhs from Rs 1,373.72 lakhs in the same quarter last year. Net profit dropped significantly to Rs 178.77 lakhs compared to a loss of Rs 97.07 lakhs in the previous year quarter. For the half-year period, the company posted a profit of Rs 820.89 lakhs versus a loss of Rs 1,653.08 lakhs in the corresponding period last year. The company operates in two segments: Wind Mills and Infrastructure. The company faces a significant arbitration claim where claimants are seeking damages of Rs 500 crores plus 18% IRR from the date of investment, along with additional claims of Rs 70.90 crores related to share acquisitions. The company and other promoters have denied the alleged breaches and plan to contest the claims. The auditors have issued a qualified review report citing concerns about potential material impacts from the arbitration proceedings and impairment issues related to subsidiary investments.

BF Utilities Reports Strong Q2 Turnaround with ₹18M Net Profit

5 days ago

BF Utilities posted a net profit of ₹18 million in Q2, marking a significant turnaround from a loss of ₹9.8 million in the same period last year. The company's EBITDA more than doubled to ₹17 million from ₹8 million year-over-year. EBITDA margin expanded substantially to 20.95% compared to 8.8% in the previous year's corresponding quarter.

BF Utilities Reports Strong Financial Performance Despite Adverse Audit Opinion and Ongoing ArbitrationOct 31, 2025

BF Utilities Limited announced consolidated financial results for the quarter and year ended March 31, 2025, showing total revenue of Rs. 98,853.48 lakhs and profit after tax of Rs. 33,784.74 lakhs for the year. However, the company received an adverse audit opinion from G.D. Apte & Co. due to multiple issues including classification disputes regarding equity shares in step-down subsidiary NECE, an ongoing arbitration claim of Rs. 500 crores plus 18% interest from AIRRO Mauritius Holdings V and Soinfra Enterprises, and concerns over a 14-year outstanding advance of Rs. 3,700 lakhs to NECE. The Board also approved the re-appointment of Mr. Amit B. Kalyani as Non-Executive Director and addressed non-compliance penalties from stock exchanges for delayed submission of quarterly results. The company's toll operations subsidiary NHDL concluded operations in September 2024 after the concession agreement ended.

Peer Comparison Compare Peers on Screener

Competitors	LTP	Market Cap (₹ Cr.)	P/E Ratio	Revenue (₹ Cr.)	YoY Revenue Growth %	Net Profit (₹ Cr.)	YoY Profit Growth %	RSI
BF Utilities	682.10	#1 2,541.60	#4 7.71	#1 988.50	#2 27.40	#1 304	#3 10.39	35.70
Atlantaa	45.66	391.80	44.06	99.50	-33.18	43	-1,123.53	47.50
Gayatri Highways	3.76	94.90	0.07	25.90	17.19	0	92.92	52.30
Noida Toll Bridge	4.35	82.90	#1 -0.36	42.60	#1 77.50	-244	#1 165.52	50.10
MEP Infrastructure Developers	2.46	46.20	-0.17	269.10	-73.15	-268	-124.32	51.48

Automatic Screeners on ScanX

Resistance 1 Breached

Growth Rate

Revenue Growth

27.40 %

Net Income Growth

18.23 %

Cash Flow Change

33.70 %

ROE

-37.74 %

ROCE

5.27 %

EBITDA Margin (Avg.)

-8.57 %

Quarterly Financial Results

Quarterly Financials	Jun 2018	Sept 2018	Dec 2018	Mar 2019	Jun 2019	Sept 2019	Dec 2019	Mar 2020	Jun 2020	Sept 2020	Dec 2020	Mar 2021	Jun 2021	Sept 2021	Dec 2021	Mar 2022	Jun 2022	Sept 2022	Dec 2022	Mar 2023	Jun 2023	Sept 2023	Dec 2023	Mar 2024	Jun 2024	Sept 2024	Dec 2024
Revenue	112	116	117	125	121	118	116	209	62	98	118	116	83	119	144	187	196	166	178	236	267	224	251	247	203	228	216
Expenses	22	25	24	55	26	33	40	165	29	49	31	32	29	35	39	91	54	49	48	110	135	69	97	88	46	54	57
EBITDA	90	90	93	69	95	86	77	44	33	49	87	84	55	84	105	97	142	117	130	126	133	155	154	159	157	174	159
Operating Profit %	80 %	78 %	79 %	50 %	77 %	71 %	63 %	17 %	45 %	47 %	72 %	71 %	64 %	69 %	72 %	49 %	72 %	69 %	71 %	53 %	49 %	68 %	61 %	64 %	77 %	76 %	73 %
Depreciation	13	13	13	13	13	13	13	13	14	14	14	14	14	14	14	14	14	14	15	15	15	16	18	18	18	18	18
Interest	52	46	50	60	53	55	53	54	54	57	54	51	50	51	42	40	43	44	45	51	38	36	35	33	32	30	28
Profit Before Tax	25	32	30	-3	29	18	11	-24	-35	-23	19	19	-8	20	49	43	85	58	71	61	80	102	101	109	108	126	114
Tax	3	3	2	1	2	1	2	2	-0	-0	2	1	1	2	3	5	3	3	4	8	19	15	25	29	28	35	30
Net Profit	22	29	27	-5	27	17	9	-26	-35	-22	17	18	-9	18	46	38	81	55	67	53	61	87	76	80	79	91	84
EPS in ₹	5.86	7.70	7.27	-1.21	7.13	4.56	2.36	-6.78	-9.29	-5.95	4.54	2.46	-2.46	2.46	6.00	5.67	9.95	7.15	8.50	7.44	8.03	11.27	9.91	9.91	9.82	10.39	9.21

Show % Change

Above figures are in Rs. Crores

Balance Sheet

Balance Sheet	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Total Assets	2,237	2,240	1,874	1,842	2,001	2,171	2,150	2,151	2,237	2,427
Fixed Assets	1,299	1,287	1,217	1,155	1,108	1,162	1,108	1,124	1,098	1,354
Current Assets	343	381	298	274	409	519	542	482	503	533
Capital Work in Progress	165	161	55	46	44	44	44	53	133	54
Investments	0	27	23	9	143	198	226	161	55	62
Other Assets	773	766	579	632	705	767	771	814	951	957
Total Liabilities	2,237	2,240	1,874	1,842	2,001	2,171	2,150	2,151	2,237	2,427
Current Liabilities	204	224	160	156	224	337	325	328	385	373
Non Current Liabilities	1,871	1,853	1,840	1,785	1,836	1,836	1,848	1,752	1,521	1,428
Total Equity	162	163	-126	-99	-59	-3	-23	72	330	627
Reserve & Surplus	-247	-247	-334	-311	-283	-240	-242	-190	-111	37
Share Capital	19	19	19	19	19	19	19	19	19	19

Show % Change

Above figures are in Rs. Crores

Cash Flow

Cash Flow	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Net Cash Flow	4	2	7	-8	-2	5	-2	-17	41	1
Investing Activities	25	-30	12	-24	-158	-83	-7	-60	-40	-245
Operating Activities	331	223	254	281	405	311	202	326	436	583
Financing Activities	-352	-191	-259	-265	-249	-222	-197	-283	-355	-338

Show % Change

Above figures are in Rs. Crores

Share Holding

% Holding	Mar 2021	Jun 2021	Sept 2021	Dec 2021	Mar 2022	Jun 2022	Sept 2022	Dec 2022	Mar 2023	Jun 2023	Sept 2023	Dec 2023	Mar 2024	Jun 2024	Sept 2024	Dec 2024	Mar 2025	Jun 2025	Sept 2025
Promoter	55.99 %	55.99 %	56.74 %	56.74 %	56.74 %	56.74 %	56.74 %	56.74 %	56.74 %	56.74 %	56.74 %	56.74 %	56.74 %	56.74 %	56.74 %	56.72 %	56.72 %	56.72 %	56.72 %
FIIs	0.00 %	0.00 %	0.00 %	0.00 %	0.00 %	0.00 %	0.00 %	0.00 %	0.00 %	0.00 %	0.94 %	0.78 %	0.88 %	0.90 %	1.11 %	1.54 %	1.68 %	1.55 %	1.62 %
DIIs	0.10 %	0.10 %	0.10 %	0.10 %	0.10 %	0.49 %	0.10 %	0.10 %	0.10 %	0.10 %	0.13 %	0.10 %	0.10 %	0.10 %	0.15 %	0.10 %	0.14 %	0.15 %	0.15 %
Government	0.00 %	0.00 %	0.00 %	0.00 %	0.00 %	0.00 %	0.00 %	0.00 %	0.00 %	0.00 %	0.00 %	0.00 %	0.00 %	0.00 %	0.00 %	0.00 %	0.00 %	0.00 %	0.00 %
Public / Retail	30.66 %	27.75 %	29.85 %	30.20 %	29.91 %	0.00 %	29.90 %	30.00 %	29.84 %	29.79 %	27.10 %	27.47 %	28.51 %	29.44 %	28.90 %	27.82 %	27.41 %	27.75 %	27.22 %
Others	13.26 %	16.17 %	13.32 %	12.96 %	13.26 %	42.77 %	13.26 %	13.17 %	13.32 %	13.38 %	15.09 %	14.91 %	13.77 %	12.82 %	13.10 %	13.82 %	14.04 %	13.83 %	14.29 %
No of Share Holders	46,868	49,017	58,282	57,397	57,565	58,038	56,854	56,428	56,186	55,189	44,259	46,044	54,730	57,038	50,588	51,117	50,640	50,315	48,876

Show % Change

Corporate Action

Record Date	Corporate Action	Information	Announcement Day	LTP at Annoucement	LTP at Record Day
27 Sept 2023	Annual General Meeting	NA	27 Sept 2023	640.65	654.30
31 Oct 2024	Quarterly Result Announcement	NA	31 Oct 2024	871.40	852.95
11 Nov 2024	Quarterly Result Announcement	NA	11 Nov 2024	849.85	951.80
23 Nov 2024	Quarterly Result Announcement	NA	23 Nov 2024	951.00	963.80
24 Dec 2024	Annual General Meeting	NA	24 Dec 2024	924.60	973.60
26 Dec 2024	Quarterly Result Announcement	NA	26 Dec 2024	1,002.00	1,015.10
13 Feb 2025	Quarterly Result Announcement	NA	13 Feb 2025	816.20	711.50
09 Apr 2025	Quarterly Result Announcement	NA	09 Apr 2025	785.75	755.40
29 May 2025	Quarterly Result Announcement	NA	29 May 2025	733.25	752.85
13 Aug 2025	Quarterly Result Announcement	NA	13 Aug 2025	734.95	709.55
31 Oct 2025	Quarterly Result Announcement	NA	31 Oct 2025	781.85	730.95
12 Nov 2025	Quarterly Result Announcement	NA	12 Nov 2025	712.05	667.25