BSE:532430

Stock Analysis Report

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Executive Summary

BF Utilities Limited, together with its subsidiaries, primarily engages in the infrastructure business in India.


Snowflake Analysis

Slightly overvalued with poor track record.

Share Price & News

How has BF Utilities's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 532430's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

6.9%

532430

3.4%

IN Construction

2.4%

IN Market


1 Year Return

52.2%

532430

-25.2%

IN Construction

5.1%

IN Market

Return vs Industry: 532430 exceeded the Indian Construction industry which returned -29.5% over the past year.

Return vs Market: 532430 exceeded the Indian Market which returned 2.6% over the past year.


Shareholder returns

532430IndustryMarket
7 Day6.9%3.4%2.4%
30 Day24.5%1.8%5.2%
90 Day48.3%16.7%21.1%
1 Year52.2%52.2%-23.8%-25.2%7.0%5.1%
3 Year-27.3%-27.3%-26.2%-29.2%4.8%-0.2%
5 Year-57.6%-57.6%-19.1%-24.7%30.4%20.7%

Price Volatility Vs. Market

How volatile is BF Utilities's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is BF Utilities undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 532430 (₹245.4) is trading below our estimate of fair value (₹688.88)

Significantly Below Fair Value: 532430 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 532430 is poor value based on its PE Ratio (36.7x) compared to the IN Construction industry average (9.8x).

PE vs Market: 532430 is poor value based on its PE Ratio (36.7x) compared to the Indian market (14x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 532430's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 532430 has negative assets, so we can't compare its PB Ratio to the IN Construction industry average.


Next Steps

Future Growth

How is BF Utilities forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

22.5%

Forecasted Capital Goods industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as BF Utilities has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has BF Utilities performed over the past 5 years?

2.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 532430 has a large one-off loss of ₹134.6M impacting its December 31 2019 financial results.

Growing Profit Margin: 532430's current net profit margins (5.7%) are lower than last year (8%).


Past Earnings Growth Analysis

Earnings Trend: 532430 has become profitable over the past 5 years, growing earnings by 2.9% per year.

Accelerating Growth: 532430's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 532430 had negative earnings growth (-27.2%) over the past year, making it difficult to compare to the Construction industry average (-5.7%).


Return on Equity

High ROE: 532430's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.


Next Steps

Financial Health

How is BF Utilities's financial position?


Financial Position Analysis

Short Term Liabilities: 532430 has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: 532430 has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: 532430 has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: 532430's has negative shareholder equity, so we do not need to check if its debt has reduced over time.

Debt Coverage: 532430's debt is well covered by operating cash flow (23.6%).

Interest Coverage: 532430's interest payments on its debt are not well covered by EBIT (1.3x coverage).


Balance Sheet


Next Steps

Dividend

What is BF Utilities's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 532430's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 532430's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if 532430's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 532430's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 532430's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

3.8yrs

Average board tenure


CEO

Bhalchandra Mitkari

5.42yrs

Tenure

₹10,597,875

Compensation

Mr. Bhalchandra Shankar Mitkari serves as an Additional Director of BF Utilities Limited since April 1, 2019 and also serves as Its Chief financial Officer since December 1, 2019. Mr. Mitkari has been the ...


CEO Compensation Analysis

Compensation vs Market: Bhalchandra's total compensation ($USD141.48K) is above average for companies of similar size in the Indian market ($USD49.12K).

Compensation vs Earnings: Bhalchandra's compensation has been consistent with company performance over the past year.


Board Members

NamePositionTenureCompensationOwnership
Bhalchandra Mitkari
CEO, CFO5.42yrs₹10.60mno data
Bhalachandra Hattarki
Independent Non-Executive Directorno data₹185.00kno data
Babasaheb Kalyani
Chairmanno data₹3.81m0.19%
₹ 17.5m
Amit Kalyani
Non-Executive Director15.08yrs₹3.81mno data
Aarti Sathe
Independent Non-Executive Director5.42yrs₹170.00kno data
Shrikrishna Adivarekar
Non-Executive Independent Director2.25yrs₹180.00kno data

3.8yrs

Average Tenure

58yo

Average Age

Experienced Board: 532430's board of directors are considered experienced (3.8 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

BF Utilities Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: BF Utilities Limited
  • Ticker: 532430
  • Exchange: BSE
  • Founded: 2000
  • Industry: Construction and Engineering
  • Sector: Capital Goods
  • Market Cap: ₹9.244b
  • Shares outstanding: 37.67m
  • Website: https://www.bfutilities.com

Location

  • BF Utilities Limited
  • Tower 15, Cyber City
  • Level 6, Office 602
  • Pune
  • Maharashtra
  • 411013
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
532430BSE (Mumbai Stock Exchange)YesEquity SharesININRFeb 2005
BFUTILITIENSEI (National Stock Exchange of India)YesEquity SharesININRFeb 2005

Biography

BF Utilities Limited, together with its subsidiaries, primarily engages in the infrastructure business in India. The company develops the Bangalore Mysore Infrastructure Corridor Project, a 164 kilometers ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/08/11 12:40
End of Day Share Price2020/08/10 00:00
Earnings2019/12/31
Annual Earnings2019/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.