BF Utilities Ltd (BFUTILITIE) — shareholding pattern, promoter holding, financials and share price
About BF Utilities Ltd (BFUTILITIE)
BF Utilities Ltd operates in the Road Assets–Toll, Annuity, Hybrid-Annuity industry, within the Services sector. It trades on the NSE as BFUTILITIE and on the BSE under scrip code 532430. Its ISIN is INE243D01012.
Incorporated in 2000, BF Utilities Ltd is engaged in the generation of electricity through wind mills and Infrastructure activities. [1]
BF Utilities Limited (BFUL) is part of the Kalyani Group and primarily engages in generating electricity through wind mills.
The company underwent restructuring to focus solely on its infrastructure business, transferring its investment business to BF Investment Limited.
Listed peers in Road Assets–Toll, Annuity, Hybrid-Annuity: Roadstar Infra Investment Trust, Anantam Highways Trust, Highway Infrastructure Ltd, Atlantaa Ltd, Noida Toll Bridge Company Ltd, Gayatri Highways Ltd.
Valuation & Returns
10 Jul 2026At ₹578.35 a share on 10 Jul 2026, BF Utilities Ltd (BFUTILITIE) was valued at a price-to-earnings ratio of 5.79x against an industry P/E of 40.79x and a price-to-book of 10.81x on a book value of ₹53.51 per share as of Mar 2025. Solomo computes return on equity of 186.61% and return on capital employed of 55.7% from filed results. Earnings ratios use consolidated results for the twelve months Sep 2024 to Dec 2025.
- P/E
- 5.79x
- Industry P/E
- 40.79x
- P/B
- 10.81x
- EPS (TTM)
- ₹99.85
- Book value / share
- ₹53.51
- ROE
- 186.61%
- ROCE
- 55.7%
- ROA
- 15.49%
- Debt / equity
- 4.62x
- Dividend yield
- 0%
- EBITDA margin
- 78.51%
- 52-week range
- ₹369 – ₹899
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2025In the year ended Mar 2025, BF Utilities Ltd (BFUTILITIE) reported revenue of ₹837 crore, net profit of ₹338 crore and earnings per share of ₹38.86. That compares with revenue of ₹969 crore and net profit of ₹304 crore in Mar 2024. Figures are consolidated, as filed with the exchanges.
In the quarter ended Dec 2025, revenue was ₹235 crore and net profit ₹103 crore (consolidated).
| Metric | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|
| Revenue (₹ cr) | 370 | 513 | 759 | 969 | 837 |
| Net profit (₹ cr) | -22 | 93 | 257 | 304 | 338 |
| EPS (₹) | -0.66 | 13.48 | 33 | 39.09 | 38.86 |
| Measure | 10Y | 5Y | 3Y | 1Y |
|---|---|---|---|---|
| Sales growth | 15.19% | -0.70% | 0.37% | -13.67% |
| Profit growth | - | 44.71% | 78.16% | 11.31% |
| Stock price CAGR | 2% | 4% | 18% | -25% |
Ownership Summary
Jun 2026As of Jun 2026, promoters hold 56.72% of BF Utilities Ltd (BFUTILITIE) (unchanged from the previous quarter), foreign institutional investors (FII) hold 1.61% and domestic institutional investors (DII) hold 0.07%. Market capitalisation was ₹2,179 crore on 10 Jul 2026. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Sep 2001.
Largest disclosed public shareholders in Jun 2026: Krutadnya Management And Trading Services LLP 3.98%, Hirak Leasing And Investments Pvt Ltd 1.7%, Stock Planet Private Limited 1.03%, Radhakishan Shivkishan Damani 1.01%. Only stakes above the 1% disclosure threshold are named in filings.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Jun 2026 | 56.72% | - | 1.61% | 0.07% | 43.28% |
| Mar 2026 | 56.72% | - | 1.56% | 0.06% | 43.28% |
| Dec 2025 | 56.72% | - | 1.57% | 0.11% | 43.28% |
| Sep 2025 | 56.72% | - | 1.62% | 0.15% | 43.28% |
| Jun 2025 | 56.72% | - | 1.55% | 0.15% | 43.28% |
| Mar 2025 | 56.72% | - | 1.69% | 0.14% | 43.28% |
| Dec 2024 | 56.72% | - | 1.54% | 0.1% | 43.28% |
| Sep 2024 | 56.74% | - | 1.11% | 0.15% | 43.26% |