BSE:532430

Stock Analysis Report

Executive Summary

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

Snowflake

Fundamentals

Acceptable track record and overvalued.

Risks

  • BF Utilities has significant price volatility in the past 3 months.
  • BF Utilities's last earnings update was 359 days ago.
  • BF Utilities is not covered by any analysts.

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

-2.3%

BSE:532430

-1.9%

IN Construction

-0.7%

IN Market


1 Year Return

-53.1%

BSE:532430

-6.8%

IN Construction

-12.1%

IN Market

532430 underperformed the Construction industry which returned -6.8% over the past year.

532430 underperformed the Market in India which returned -12.1% over the past year.


Share holder returns

532430IndustryMarket
7 Day-2.3%-1.9%-0.7%
30 Day-28.7%-7.3%-4.6%
90 Day-7.1%-4.3%-4.3%
1 Year-53.1%-53.1%-5.8%-6.8%-10.3%-12.1%
3 Year-73.3%-73.3%19.5%15.8%18.9%12.8%
5 Year-74.5%-74.5%32.8%24.9%37.6%24.7%

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 based on future cash flows and its price relative to the stock market?

30%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

BF Utilities's share price is below the future cash flow value, and at a moderate discount (> 20%).

BF Utilities's share price is below the future cash flow value, but not at a substantial discount (< 40%).


Price Based on Earnings

BF Utilities is overvalued based on earnings compared to the IN Construction industry average.

BF Utilities is overvalued based on earnings compared to the India market.


Price Based on Expected Growth

Unable to calculate PEG ratio for BF Utilities, we can't assess if its growth is good value.


Price Based on Value of Assets

BF Utilities has negative assets, we can't compare the value of its assets to the IN Construction industry average.


Next Steps

Future Growth

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

16.4%

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?

623.2%

Last years earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Insufficient data to establish if BF Utilities's year on year earnings growth rate was positive over the past 5 years.

Unable to compare BF Utilities's 1-year earnings growth to the 5-year average due to insufficient past data.

BF Utilities's earnings growth has exceeded the IN Construction industry average in the past year (623.2% vs 4.1%).


Return on Equity

It is difficult to establish if BF Utilities has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) due to its liabilities exceeding its assets.


Return on Assets

BF Utilities used its assets more efficiently than the IN Construction industry average last year based on Return on Assets.


Return on Capital Employed

BF Utilities has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).


Next Steps

Financial Health

How is BF Utilities's financial position?


Financial Position Analysis

BF Utilities is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

BF Utilities's long term commitments exceed its cash and other short term assets.


Debt to Equity History and Analysis

BF Utilities has negative shareholder equity (liabilities exceed assets), this is a more serious situation compared with a high debt level.

Irrelevant to check if BF Utilities's debt level has increased considering it has negative shareholder equity.

Debt is not well covered by operating cash flow (17.1%, less than 20% of total debt).

Interest payments on debt are not well covered by earnings (EBIT is 1.3x annual interest expense, ideally 3x coverage).


Balance Sheet

Low level of unsold assets.

BF Utilities has negative shareholder equity (liabilities exceed assets) therefore debt is not covered by short term assets.


Next Steps

Dividend

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


Dividend Yield and Payments Analysis

Unable to evaluate BF Utilities's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate BF Utilities's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as BF Utilities has not reported any payouts.

Unable to verify if BF Utilities's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as BF Utilities has not reported any payouts.


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

What is the CEO of BF Utilities's salary, the management and board of directors tenure and is there insider trading?

2.8yrs

Average board tenure


CEO

Bhalachandra Mitkari 0

4.4yrs

Tenure

₹9,406,120

Compensation

Mr. Bhalachandra S. Mitkari serves as an Additional Director of BF Utilities Limited since April 1, 2019. Mr. Bhalachandra S. Mitkari has been the Chief Executive Officer of BF Utilities Ltd. since March 3 ...


CEO Compensation Analysis

Bhalachandra's remuneration is higher than average for companies of similar size in India.

Bhalachandra's compensation has been consistent with company performance over the past year, both up more than 20%.


Board Age and Tenure

2.8yrs

Average Tenure

57yo

Average Age

The average tenure for the BF Utilities board of directors is less than 3 years, this suggests a new board.


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • Bhalachandra Mitkari

    CEO, Compliance Officer

    • Tenure: 4.4yrs
    • Compensation: ₹9.41m
  • Shivkumar Kheny (71yo)

    Managing Director of Nandi Highway Developers Limited

    • Tenure: 0.0yrs
  • Ashok Kheny (69yo)

    Managing Director of Nandi Infrastructure Corridor Enterprise Limited

    • Tenure: 0.0yrs
    • Compensation: ₹58.38m
  • Sudhindra Joshi

    Chief Financial Officer

    • Tenure: 4.4yrs
    • Compensation: ₹1.43m

Board Members

  • Bhalachandra Mitkari

    CEO, Compliance Officer

    • Tenure: 4.4yrs
    • Compensation: ₹9.41m
  • Bhalachandra Hattarki (78yo)

    Independent Non-Executive Director

    • Tenure: 0.0yrs
    • Compensation: ₹25.00k
  • Baba Kalyani (70yo)

    Chairman

    • Tenure: 0.0yrs
    • Compensation: ₹15.00k
  • Amit Kalyani (44yo)

    Non-Executive Director

    • Tenure: 14.1yrs
    • Compensation: ₹10.00k
  • Aarti Sathe

    Independent Non-Executive Director

    • Tenure: 4.4yrs
    • Compensation: ₹25.00k
  • Shrikrishna Adivarekar (37yo)

    Additional Independent Director

    • Tenure: 1.3yrs

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: ₹6.057b
  • 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 Analysis2019/08/18 12:34
End of Day Share Price2019/08/16 00:00
Earnings2018/03/31
Annual Earnings2018/03/31


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.