BF Utilities Ltd.
Snapshot View

501.30 -3.50 ▼-0.7%

23 July 2021, 04:00:00 P.M.
Volume: 36,538

Overview View Details

Sector Power. Compare with Sector peers
Industry Power Generation/Distribution Compare with Industry peers
Website http://www.bfutilities.com
Financial Indicators
Market Cap 1,882.06 Cr.
Earnings per share (EPS) -0.66 Trailing Twelve Months Ending 2021-03
Price-Earning Ratio (PE) - Trailing Twelve Months Ending 2021-03
Industry PE 16.99 Trailing Twelve Months Ending 2021-03
Book Value / Share -64.63 Trailing Twelve Months Ending 2021-03
Price to Book Value -7.73 Calculated using Price: 499.65
Dividend Yield 0.00 Period Ending 2020-03
No. of Shares Subscribed 3.77 Cr. 37,667,628 Shares
FaceValue 5
Company Profile

BF Utilities (BFUL), incorporated in 2000, is engaged in power generation through wind mill technology. The company was set up to satiate the power requirements of the Kalyani Group companies, which have business interests in areas of steel making, forging, machining, etc.

BFUL has set up wind-assisted power plants at Thoseghar in Satara District of Maharashtra. The company owns 51 machines of 230 KW capacity each and 11 machines of 600 KW capacities each, generating around 40 million units annually. The total capacity of the power plants is 18.33 MW

BFUL uses the state-of-art technology in their machines manufactured by Enercon India. The Kalyani Group has entered into joint venture with Singapore Technologies Kinetics (ST Kinetics), one of Asia’s largest defense companies. The JV is formed for Research and Development and manufacturing arm of Indian Defense.

History

In 1990 Bharat Forge set up its financial services division to deploy and leverage the financial resources of the company. Later company set up a windmill division to generate wind energy for consumption of Bharat Forge and other group companies.

Back then the concept of energy generation through windmill was new in India. Due to establishment of the wind mill, Kalyani Group was able to reduce its rising power costs. The incentives offered by the government to wind power plants also have encouraged the company to foray into this sector.

Later, Bharat Forge underwent a through restructuring, due to which financial services and wind mill divisions were demerged. This led to emergence of BF Utilities in the year 2001.

Outlook

Looking at huge potential in windmill energy, the company has plans to expand its current capacity in coming future.

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
-0.69%
1 Week
-0.20%
1 Month
-2.79%
3 Month
+119.00%
6 Month
+78.34%
1 Year
+111.30%
2 Year
+122.80%
5 Year
-3.58%
9 years 2012-09 2013-09 2014-09 2015-09 2016-03 2017-03 2018-03 2019-03 2020-03
Return on Equity (%)
Return on Capital Employed (%) 4.73 6.30 7.81 21.77 12.63 13.27 18.09 20.05 16.63
Return on Assets (%) -5.59 -5.09 -4.93 5.38 0.14 -1.43 1.94 3.75 1.31

Balance Sheet View Details

Particulars 9 years 2012-09 Rs. Cr. 2013-09 Rs. Cr. 2014-09 Rs. Cr. 2015-09 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Shh. Funds -180 -228 -280 -228 -228 -315 -292 -265 -221
Non Curr. Liab. 1,621 1,896 1,892 1,871 1,853 1,840 1,784 1,834 1,836
Curr. Liab. 145 196 305 204 224 160 156 224 337
Minority Int. 454 393 334 390 391 190 194 205 219
Equity & Liab. 2,040 2,256 2,250 2,237 2,240 1,874 1,842 1,998 2,171
Non Curr. Assets 1,692 1,839 1,870 1,846 1,814 1,576 1,568 1,590 1,652
Curr. Assets 348 417 380 343 381 298 274 409 519
Misc. Exp. not W/O 48 44
Total Assets 2,040 2,256 2,250 2,237 2,240 1,874 1,842 1,998 2,171

Profit Loss View Details

Particulars 9 years 2012-09 Rs. Cr. 2013-09 Rs. Cr. 2014-09 Rs. Cr. 2015-09 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Net Sales 180 197 237 519 301 336 401 448 535
Other Income 32 10 9 3 4 8 11 21 29
Total Income 212 207 246 522 306 345 412 469 565
Total Expenditure -101 -88 -92 -146 -93 -86 -100 -117 -238
PBIDT 111 119 154 377 213 259 312 352 326
Interest -179 -203 -240 -231 -194 -222 -208 -205 -214
Depreciation -44 -21 -24 -28 -23 -60 -63 -52 -53
Taxation -4 -4 -2 0 -3 -6 -5 -8 -6
Exceptional Items 3 10 -15 -25
PAT -116 -109 -111 121 3 -29 36 72 27

Cash Flow View Details

Particulars 9 years 2012-09 Rs. Cr. 2013-09 Rs. Cr. 2014-09 Rs. Cr. 2015-09 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Cash Fr. Operatn. -251 -68 171 331 223 254 281 405 311
Cash Fr. Inv. 345 -82 -17 25 -30 12 -24 -158 -83
Cash Fr. Finan. -118 120 -182 -352 -191 -259 -265 -249 -222
Net Change -24 -30 -28 4 2 7 -8 -2 5
Cash & Cash Eqvt 63 33 5 10 11 32 24 22 27

Shareholding Pattern View Details

9 Qtrs 2019-03 (%) 2019-06 (%) 2019-09 (%) 2019-12 (%) 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%)
Promoter 55.98 55.98 55.99 55.99 55.99 55.99 55.99 55.99 55.99
Public 44.02 44.02 44.01 44.01 44.01 44.01 44.01 44.01 44.01
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Announcements View Details

Thu, 15 Jul 2021
Shareholding for the Period Ended June 30 2021
BF Utilities Ltd has submitted to BSE the Shareholding Pattern for the Period Ended June 30 2021. For more details kindly Click here
Tue, 06 Jul 2021
Declaration Regarding Unmodified Opinion On Standalone Audited Financial Statements
Pursuant to Regulation 33(3)(d) of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 we hereby confirm and declare that the Statutory Auditors of the Company M/s. Joshi Apte & Co. Chartered Accountants Pune have issued Audit Report with Unmodified opinion on Audited Financial Results (Standalone) for the financial year ended March 31 2021.

You are requested to take the above on record and bring this to the notice of all concerned.
Tue, 06 Jul 2021
Declaration Regarding Unmodified Opinion On Consolidated Audited Financial Statements
Pursuant to Regulation 33(3)(d) of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 we hereby confirm and declare that the Statutory Auditors of the Company M/s. Joshi Apte & Co. Chartered Accountants Pune have issued Audit Report with Unmodified opinion on Audited Financial Results (Consolidated) for the financial year ended March 31 2021.

You are requested to take the above on record and bring this to the notice of all concerned.

Technical Scans View Details

Fri, 23 Jul 2021
Stock Outperforming Sectoral Index in both 1 Week and 3 Month Stock Outperforming Sectoral Index in both 1 Week and 3 Month
Strongly Outperforming Benchmark Index Strongly Outperforming Benchmark Index
Strongly Outperforming Sectoral Index Strongly Outperforming Sectoral Index
Close Within 2 Year High Zone Close Within 2 Year High Zone
Both SRS And ARS Above Zero Both SRS And ARS Above Zero

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