Announcement • May 30
BF Utilities Limited Announces Cessation of Shrikrishna K. Adivarekar as an Independent Director, Effective May 29, 2026 BF Utilities Limited had announced that the second term of office of Mr. Shrikrishna K. Adivarekar, as an Independent Director of the Company, was successfully completed on May 29, 2026 and accordingly Mr. S. K. Adivarekar ceased to be the Director of the Company with effect from close of business hours on May 29, 2026. Consequently, he also ceased to be a Chairman of the Audit Committee and Nomination and Remuneration Committee, and member of Stakeholders Relationship Committee and Risk Management Committee of the Company. The members at their 22nd Annual General Meeting held on September 29, 2022, had approved the re-appointment of Mr. S. K. Adivarekar for a second term of 3 (three) consecutive years with effect from May 30, 2023 to May 29, 2026. The reason for change was completion of second term of office as an Independent Director on May 29, 2026. Announcement • May 21
BF Utilities Limited to Report Q4, 2026 Results on May 28, 2026 BF Utilities Limited announced that they will report Q4, 2026 results on May 28, 2026 Valuation Update With 7 Day Price Move • Apr 13
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹475, the stock trades at a trailing P/E ratio of 43x. Average trailing P/E is 15x in the Construction industry in India. Total returns to shareholders of 45% over the past three years. Announcement • Feb 25
BF Utilities Limited to Report Q3, 2026 Results on Feb 28, 2026 BF Utilities Limited announced that they will report Q3, 2026 results at 12:15 PM, Indian Standard Time on Feb 28, 2026 Announcement • Feb 05
BF Utilities Limited to Report Q3, 2026 Results on Feb 13, 2026 BF Utilities Limited announced that they will report Q3, 2026 results on Feb 13, 2026 Valuation Update With 7 Day Price Move • Dec 17
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹669, the stock trades at a trailing P/E ratio of 18.6x. Average trailing P/E is 18x in the Construction industry in India. Total returns to shareholders of 74% over the past three years. Announcement • Dec 12
BF Utilities Limited to Report Q1, 2026 Results on Dec 16, 2025 BF Utilities Limited announced that they will report Q1, 2026 results at 12:15 PM, Indian Standard Time on Dec 16, 2025 Announcement • Nov 17
BF Utilities Limited, Annual General Meeting, Dec 24, 2025 BF Utilities Limited, Annual General Meeting, Dec 24, 2025, at 11:00 Indian Standard Time. Announcement • Nov 05
BF Utilities Limited to Report Q2, 2026 Results on Nov 12, 2025 BF Utilities Limited announced that they will report Q2, 2026 results on Nov 12, 2025 New Risk • Oct 26
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Minor Risks High level of debt (107% net debt to equity). Latest financial reports are more than 6 months old (reported December 2024 fiscal period end). Announcement • Oct 16
BF Utilities Limited to Report Q4, 2025 Final Results on Oct 19, 2025 BF Utilities Limited announced that they will report Q4, 2025 final results at 12:15 PM, Indian Standard Time on Oct 19, 2025 Valuation Update With 7 Day Price Move • Aug 21
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹829, the stock trades at a trailing P/E ratio of 21.1x. Average trailing P/E is 20x in the Construction industry in India. Total returns to shareholders of 109% over the past three years. Announcement • Aug 09
BF Utilities Limited to Report Q1, 2026 Results on Aug 13, 2025 BF Utilities Limited announced that they will report Q1, 2026 results on Aug 13, 2025 Announcement • May 23
BF Utilities Limited to Report Q4, 2025 Results on May 29, 2025 BF Utilities Limited announced that they will report Q4, 2025 results on May 29, 2025 Reported Earnings • Apr 10
Third quarter 2025 earnings released: EPS: ₹9.21 (vs ₹9.91 in 3Q 2024) Third quarter 2025 results: EPS: ₹9.21 (down from ₹9.91 in 3Q 2024). Revenue: ₹2.16b (down 12% from 3Q 2024). Net income: ₹347.0m (down 7.1% from 3Q 2024). Profit margin: 16% (in line with 3Q 2024). Over the last 3 years on average, earnings per share has increased by 23% per year whereas the company’s share price has increased by 24% per year. Announcement • Apr 01
BF Utilities Limited Announces Executive Changes BF Utilities Limited at its board meeting held on March 31, 2025, announced acceptance of resignation of Mr. B. S. Mitkari as the Company Secretary of the Company with effect from the close of business hours on March 31, 2025 due to organisational changes and appointment of Ms. Pragati Suresh Rai as the Company Secretary and Compliance Officer of the Company with effect from April 01, 2025. Ms. Pragati Suresh Rai has completed her graduation in Commerce from Symbiosis (Pune), Bachelor of Laws (LLB) from Pune University and is an Associate Member of The Institute of Company Secretaries of India (Membership No. A66887). She has a work experience of about 3.5 years' experience in the field of Secretarial and Listing compliances. She is associated with BF Utilities Limited since June 24, 2024 and is a Compliance Officer of the Company since November 01, 2024. New Risk • Mar 28
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Indian stocks, typically moving 9.7% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (9.7% average weekly change). Minor Risks High level of debt (107% net debt to equity). Significant insider selling over the past 3 months (₹4.8m sold). Valuation Update With 7 Day Price Move • Mar 24
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to ₹700, the stock trades at a trailing P/E ratio of 17.5x. Average trailing P/E is 20x in the Construction industry in India. Total returns to shareholders of 127% over the past three years. Reported Earnings • Feb 15
Third quarter 2025 earnings released: ₹0.16 loss per share (vs ₹9.91 profit in 3Q 2024) Third quarter 2025 results: ₹0.16 loss per share (down from ₹9.91 profit in 3Q 2024). Revenue: ₹28.6m (down 99% from 3Q 2024). Net loss: ₹6.18m (down 102% from profit in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has only increased by 24% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Feb 12
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₹712, the stock trades at a trailing P/E ratio of 17.8x. Average trailing P/E is 23x in the Construction industry in India. Total returns to shareholders of 85% over the past three years. Announcement • Feb 10
BF Utilities Limited to Report Q3, 2025 Results on Feb 13, 2025 BF Utilities Limited announced that they will report Q3, 2025 results on Feb 13, 2025 Recent Insider Transactions • Jan 02
Insider recently sold ₹4.8m worth of stock On the 30th of December, Ashok Kheny sold around 5k shares on-market at roughly ₹957 per share. This transaction amounted to 91% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months. Reported Earnings • Dec 27
Second quarter 2025 earnings released: EPS: ₹10.39 (vs ₹11.27 in 2Q 2024) Second quarter 2025 results: EPS: ₹10.39 (down from ₹11.27 in 2Q 2024). Revenue: ₹2.28b (up 4.3% from 2Q 2024). Net income: ₹391.3m (down 7.8% from 2Q 2024). Profit margin: 17% (down from 19% in 2Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 34% per year whereas the company’s share price has increased by 36% per year. Announcement • Nov 19
BF Utilities Limited to Report Q2, 2025 Results on Nov 23, 2024 BF Utilities Limited announced that they will report Q2, 2025 results at 9:15 AM, Indian Standard Time on Nov 23, 2024 Announcement • Nov 18
BF Utilities Limited, Annual General Meeting, Dec 24, 2024 BF Utilities Limited, Annual General Meeting, Dec 24, 2024, at 11:00 Indian Standard Time. Reported Earnings • Nov 12
Full year 2024 earnings released: EPS: ₹39.12 (vs ₹33.03 in FY 2023) Full year 2024 results: EPS: ₹39.12 (up from ₹33.03 in FY 2023). Revenue: ₹9.89b (up 30% from FY 2023). Net income: ₹1.47b (up 18% from FY 2023). Profit margin: 15% (down from 16% in FY 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 51% per year but the company’s share price has only increased by 31% per year, which means it is significantly lagging earnings growth. New Risk • Nov 07
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Indian stocks, typically moving 9.3% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (9.3% average weekly change). Minor Risks High level of debt (248% net debt to equity). Latest financial reports are more than 6 months old (reported December 2023 fiscal period end). Announcement • Nov 05
BF Utilities Limited to Report Q4, 2024 Final Results on Nov 11, 2024 BF Utilities Limited announced that they will report Q4, 2024 final results at 12:15 PM, Indian Standard Time on Nov 11, 2024 Announcement • Oct 29
BF Utilities Limited to Report Q2, 2025 Results on Oct 31, 2024 BF Utilities Limited announced that they will report Q2, 2025 results on Oct 31, 2024 Valuation Update With 7 Day Price Move • Oct 28
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₹828, the stock trades at a trailing P/E ratio of 22.6x. Average trailing P/E is 25x in the Construction industry in India. Total returns to shareholders of 102% over the past three years. Buy Or Sell Opportunity • Oct 17
Now 24% undervalued Over the last 90 days, the stock has risen 29% to ₹1,005. The fair value is estimated to be ₹1,314, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 32% over the last 3 years. Meanwhile, the company has become profitable. Valuation Update With 7 Day Price Move • Oct 14
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₹1,064, the stock trades at a trailing P/E ratio of 29x. Average trailing P/E is 29x in the Construction industry in India. Total returns to shareholders of 131% over the past three years. Valuation Update With 7 Day Price Move • Sep 24
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to ₹954, the stock trades at a trailing P/E ratio of 26x. Average trailing P/E is 29x in the Construction industry in India. Total returns to shareholders of 121% over the past three years. New Risk • Aug 31
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Minor Risks High level of debt (248% net debt to equity). Latest financial reports are more than 6 months old (reported December 2023 fiscal period end). Announcement • Aug 07
BF Utilities Limited to Report Q1, 2025 Results on Aug 14, 2024 BF Utilities Limited announced that they will report Q1, 2025 results on Aug 14, 2024 Buy Or Sell Opportunity • Jul 04
Now 20% undervalued Over the last 90 days, the stock has risen 1.8% to ₹862. The fair value is estimated to be ₹1,079, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 32% over the last 3 years. Meanwhile, the company has become profitable. Valuation Update With 7 Day Price Move • Jun 11
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹896, the stock trades at a trailing P/E ratio of 24.5x. Average trailing P/E is 26x in the Construction industry in India. Total returns to shareholders of 109% over the past three years. Buy Or Sell Opportunity • Jun 04
Now 27% undervalued after recent price drop Over the last 90 days, the stock has fallen 8.2% to ₹774. The fair value is estimated to be ₹1,068, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 32% over the last 3 years. Meanwhile, the company has become profitable. Announcement • May 24
BF Utilities Limited to Report Q4, 2024 Results on May 30, 2024 BF Utilities Limited announced that they will report Q4, 2024 results on May 30, 2024 Valuation Update With 7 Day Price Move • May 22
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₹977, the stock trades at a trailing P/E ratio of 26.7x. Average trailing P/E is 28x in the Construction industry in India. Total returns to shareholders of 217% over the past three years. Buy Or Sell Opportunity • May 06
Now 23% undervalued Over the last 90 days, the stock has risen 18% to ₹841. The fair value is estimated to be ₹1,092, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 32% over the last 3 years. Meanwhile, the company has become profitable. Buy Or Sell Opportunity • Apr 04
Now 21% undervalued Over the last 90 days, the stock has risen 42% to ₹847. The fair value is estimated to be ₹1,078, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 32% over the last 3 years. Meanwhile, the company has become profitable. Valuation Update With 7 Day Price Move • Apr 03
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₹869, the stock trades at a trailing P/E ratio of 23.7x. Average trailing P/E is 26x in the Construction industry in India. Total returns to shareholders of 237% over the past three years. Announcement • Mar 30
BF Utilities Limited Announces Cessation of Bhalchandra Basappa Hattarki as an Independent Director of the Company, Effective March 31, 2024 BF Utilities Limited informed that Mr. Bhalchandra Basappa Hattarki (DIN:00145710) is completing his 2nd Consecutive term as an Independent Director of the Company on March 31, 2024, and consequently will cease to be the Director of the Company. Valuation Update With 7 Day Price Move • Mar 13
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₹705, the stock trades at a trailing P/E ratio of 19.2x. Average trailing P/E is 26x in the Construction industry in India. Total returns to shareholders of 162% over the past three years. Buy Or Sell Opportunity • Feb 27
Now 22% undervalued Over the last 90 days, the stock has risen 34% to ₹879. The fair value is estimated to be ₹1,129, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 32% over the last 3 years. Meanwhile, the company has become profitable. Valuation Update With 7 Day Price Move • Feb 20
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to ₹802, the stock trades at a trailing P/E ratio of 21.9x. Average trailing P/E is 28x in the Construction industry in India. Total returns to shareholders of 194% over the past three years. New Risk • Feb 19
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks High level of debt (248% net debt to equity). Share price has been volatile over the past 3 months (8.2% average weekly change). Reported Earnings • Feb 14
Third quarter 2024 earnings released: EPS: ₹9.91 (vs ₹8.50 in 3Q 2023) Third quarter 2024 results: EPS: ₹9.91 (up from ₹8.50 in 3Q 2023). Revenue: ₹2.51b (up 51% from 3Q 2023). Net income: ₹373.4m (up 17% from 3Q 2023). Profit margin: 15% (down from 19% in 3Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 65% per year but the company’s share price has only increased by 34% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Feb 06
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to ₹710, the stock trades at a trailing P/E ratio of 20.2x. Average trailing P/E is 27x in the Construction industry in India. Total returns to shareholders of 149% over the past three years. Announcement • Feb 03
BF Utilities Limited to Report Q3, 2024 Results on Feb 13, 2024 BF Utilities Limited announced that they will report Q3, 2024 results on Feb 13, 2024 Reported Earnings • Nov 12
Second quarter 2024 earnings released: EPS: ₹11.27 (vs ₹7.15 in 2Q 2023) Second quarter 2024 results: EPS: ₹11.27 (up from ₹7.15 in 2Q 2023). Revenue: ₹2.24b (up 39% from 2Q 2023). Net income: ₹424.5m (up 58% from 2Q 2023). Profit margin: 19% (up from 17% in 2Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 73% per year but the company’s share price has only increased by 38% per year, which means it is significantly lagging earnings growth. Announcement • Oct 31
BF Utilities Limited to Report First Half, 2024 Results on Nov 10, 2023 BF Utilities Limited announced that they will report first half, 2024 results on Nov 10, 2023 Announcement • Aug 25
BF Utilities Limited, Annual General Meeting, Sep 27, 2023 BF Utilities Limited, Annual General Meeting, Sep 27, 2023, at 11:00 Indian Standard Time. New Risk • Aug 22
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.4x net interest cover). Minor Risk Share price has been volatile over the past 3 months (7.5% average weekly change). Reported Earnings • Aug 12
First quarter 2024 earnings released: EPS: ₹8.03 (vs ₹9.95 in 1Q 2023) First quarter 2024 results: EPS: ₹8.03 (down from ₹9.95 in 1Q 2023). Revenue: ₹2.67b (up 38% from 1Q 2023). Net income: ₹302.5m (down 19% from 1Q 2023). Profit margin: 11% (down from 19% in 1Q 2023). The decrease in margin was driven by higher expenses. Valuation Update With 7 Day Price Move • Aug 09
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₹449, the stock trades at a trailing P/E ratio of 13.6x. Average trailing P/E is 21x in the Construction industry in India. Total returns to shareholders of 83% over the past three years. Announcement • Aug 04
BF Utilities Limited to Report Q1, 2024 Results on Aug 11, 2023 BF Utilities Limited announced that they will report Q1, 2024 results on Aug 11, 2023 Reported Earnings • Jun 22
Full year 2023 earnings released: EPS: ₹33.03 (vs ₹13.49 in FY 2022) Full year 2023 results: EPS: ₹33.03 (up from ₹13.49 in FY 2022). Revenue: ₹7.59b (up 48% from FY 2022). Net income: ₹1.24b (up 145% from FY 2022). Profit margin: 16% (up from 9.9% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 75% per year but the company’s share price has only increased by 24% per year, which means it is significantly lagging earnings growth. Announcement • May 23
BF Utilities Limited to Report Fiscal Year 2023 Results on May 30, 2023 BF Utilities Limited announced that they will report fiscal year 2023 results on May 30, 2023 Reported Earnings • Feb 14
Third quarter 2023 earnings released: EPS: ₹8.50 (vs ₹6.00 in 3Q 2022) Third quarter 2023 results: EPS: ₹8.50 (up from ₹6.00 in 3Q 2022). Revenue: ₹1.78b (up 26% from 3Q 2022). Net income: ₹320.2m (up 42% from 3Q 2022). Profit margin: 18% (up from 16% in 3Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 67% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Announcement • Jan 25
BF Utilities Limited to Report Q3, 2023 Results on Feb 13, 2023 BF Utilities Limited announced that they will report Q3, 2023 results at 12:15 PM, Indian Standard Time on Feb 13, 2023 Reported Earnings • Nov 16
Second quarter 2023 earnings released Second quarter 2023 results: EPS: ₹7.15. Revenue: ₹1.61b (up 41% from 2Q 2022). Net income: ₹269.3m (up 190% from 2Q 2022). Profit margin: 17% (up from 8.1% in 2Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 54% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth. Board Change • Nov 16
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 3 highly experienced directors. CEO, CFO, Compliance Officer, Company Secretary & Whole-time Director Bhalchandra Mitkari was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 13
Second quarter 2023 earnings released: EPS: ₹7.15 (vs ₹4.73 in 2Q 2022) Second quarter 2023 results: EPS: ₹7.15 (up from ₹4.73 in 2Q 2022). Revenue: ₹1.66b (up 46% from 2Q 2022). Net income: ₹269.3m (up 190% from 2Q 2022). Profit margin: 16% (up from 8.1% in 2Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 53% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth. Announcement • Oct 22
BF Utilities Limited to Report Q2, 2023 Results on Nov 11, 2022 BF Utilities Limited announced that they will report Q2, 2023 results on Nov 11, 2022 Valuation Update With 7 Day Price Move • Sep 05
Investor sentiment improved over the past week After last week's 19% share price gain to ₹458, the stock trades at a trailing P/E ratio of 19x. Average trailing P/E is 19x in the Construction industry in India. Total returns to shareholders of 176% over the past three years. Announcement • Aug 25
BF Utilities Limited, Annual General Meeting, Sep 29, 2022 BF Utilities Limited, Annual General Meeting, Sep 29, 2022, at 11:00 Indian Standard Time. Reported Earnings • Aug 11
First quarter 2023 earnings released First quarter 2023 results: Revenue: ₹1.96b (up 147% from 1Q 2022). Net income: ₹374.6m (up ₹399.0m from 1Q 2022). Profit margin: 19% (up from net loss in 1Q 2022). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has increased by 32% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Jun 29
Full year 2022 earnings released: EPS: ₹13.49 (vs ₹0.66 loss in FY 2021) Full year 2022 results: EPS: ₹13.49 (up from ₹0.66 loss in FY 2021). Revenue: ₹5.34b (up 44% from FY 2021). Net income: ₹508.3m (up ₹532.9m from FY 2021). Profit margin: 9.5% (up from net loss in FY 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 21% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Jun 21
BF Utilities Limited to Report Fiscal Year 2022 Results on Jun 28, 2022 BF Utilities Limited announced that they will report fiscal year 2022 results on Jun 28, 2022 Board Change • Jun 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 3 highly experienced directors. CEO, CFO, Compliance Officer, Company Secretary & Whole-time Director Bhalchandra Mitkari was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • May 18
BF Utilities Limited to Report Fiscal Year 2022 Results on May 30, 2022 BF Utilities Limited announced that they will report fiscal year 2022 results on May 30, 2022 Valuation Update With 7 Day Price Move • May 11
Investor sentiment deteriorated over the past week After last week's 16% share price decline to ₹318, the stock trades at a trailing P/E ratio of 30.9x. Average trailing P/E is 17x in the Construction industry in India. Total returns to shareholders of 95% over the past three years. Board Change • May 02
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 3 highly experienced directors. CEO, CFO, Compliance Officer, Company Secretary & Whole-time Director Bhalchandra Mitkari was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Apr 05
Investor sentiment improved over the past week After last week's 15% share price gain to ₹359, the stock trades at a trailing P/E ratio of 34.9x. Average trailing P/E is 19x in the Construction industry in India. Total returns to shareholders of 65% over the past three years. Valuation Update With 7 Day Price Move • Feb 24
Investor sentiment deteriorated over the past week After last week's 18% share price decline to ₹307, the stock trades at a trailing P/E ratio of 29.9x. Average trailing P/E is 19x in the Construction industry in India. Total returns to shareholders of 71% over the past three years. Reported Earnings • Feb 16
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: ₹6.00 (up from ₹4.54 in 3Q 2021). Revenue: ₹1.44b (up 30% from 3Q 2021). Net income: ₹226.2m (up 160% from 3Q 2021). Profit margin: 16% (up from 7.8% in 3Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has increased by 35% per year, which means it is well ahead of earnings. Announcement • Feb 08
BF Utilities Limited to Report Q3, 2022 Results on Feb 14, 2022 BF Utilities Limited announced that they will report Q3, 2022 results on Feb 14, 2022 Reported Earnings • Nov 13
Second quarter 2022 earnings released: EPS ₹4.73 The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: ₹1.19b (up 28% from 2Q 2021). Net income: ₹92.8m (up ₹155.0m from 2Q 2021). Profit margin: 7.8% (up from net loss in 2Q 2021). Reported Earnings • Aug 21
First quarter 2022 earnings released The company reported a solid first quarter result with reduced losses, improved revenues and improved control over expenses. First quarter 2022 results: Revenue: ₹793.6m (up 51% from 1Q 2021). Net loss: ₹24.3m (loss narrowed 83% from 1Q 2021). Reported Earnings • Jul 03
Full year 2021 earnings released The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2021 results: Revenue: ₹3.71b (down 31% from FY 2020). Net loss: ₹24.7m (down 113% from profit in FY 2020). Over the last 3 years on average, earnings per share has fallen by 54% per year but the company’s share price has increased by 15% per year, which means it is well ahead of earnings. Reported Earnings • Mar 14
Third quarter 2021 earnings released: EPS ₹4.54 (vs ₹2.36 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: ₹1.11b (up 2.4% from 3Q 2020). Net income: ₹87.1m (up 78% from 3Q 2020). Profit margin: 7.8% (up from 4.5% in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 54% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings. Announcement • Mar 05
BF Utilities Limited to Report Q3, 2021 Results on Mar 12, 2021 BF Utilities Limited announced that they will report Q3, 2021 results on Mar 12, 2021 Announcement • Feb 03
BF Utilities Limited to Report Q3, 2021 Results on Feb 11, 2021 BF Utilities Limited announced that they will report Q3, 2021 results on Feb 11, 2021 Is New 90 Day High Low • Jan 13
New 90-day high: ₹306 The company is up 23% from its price of ₹250 on 15 October 2020. The Indian market is up 24% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Construction industry, which is up 41% over the same period. Valuation Update With 7 Day Price Move • Dec 09
Market bids up stock over the past week After last week's 15% share price gain to ₹305, the stock is trading at a trailing P/E ratio of 58.3x, up from the previous P/E ratio of 50.6x. This compares to an average P/E of 14x in the Construction industry in India. Total return to shareholders over the past three years is a loss of 33%. Is New 90 Day High Low • Dec 04
New 90-day high: ₹272 The company is up 5.0% from its price of ₹259 on 04 September 2020. The Indian market is up 15% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Construction industry, which is up 16% over the same period. Announcement • Nov 22
BF Utilities Limited, Annual General Meeting, Dec 30, 2020 BF Utilities Limited, Annual General Meeting, Dec 30, 2020. Reported Earnings • Nov 03
First quarter 2021 earnings released: ₹9.29 loss per share The company reported a poor first quarter result with weaker earnings, revenues and control over expenses. First quarter 2021 results: Revenue: ₹620.2m (down 46% from 1Q 2020). Net loss: ₹142.4m (down 202% from profit in 1Q 2020). Reported Earnings • Sep 18
Full year earnings released - EPS ₹7.26 Over the last 12 months the company has reported total profits of ₹197.3m, down 49% from the prior year. Total revenue was ₹5.65b over the last 12 months, up 26% from the prior year. Profit margins were 3.5%, which is lower than the 8.6% margin from last year. The decrease in margin was driven by higher expenses. Announcement • Sep 12
BF Utilities Limited to Report Fiscal Year 2020 Final Results on Sep 17, 2020 BF Utilities Limited announced that they will report fiscal year 2020 final results on Sep 17, 2020 Announcement • Jun 20
BF Utilities Limited to Report Fiscal Year 2020 Results on Jun 30, 2020 BF Utilities Limited announced that they will report fiscal year 2020 results on Jun 30, 2020