BFUTILITIE · BF Utilities Ltd · Construction Services
BFUTILITIE · BF Utilities Ltd · Construction Services
As of 05 Nov close
52-week range
38.5% below 52-week high
52-week range: as of 05 Nov 2026 close.
Price chartDaily closes on the stock page.
Weighted combination of 8 measured readings. Not a probability, a rating or a forecast.
Full signal detail →Fundamentals as of 15 Sep 2026 · the company's own latest record is 52 days old
Revenue (latest Q)
₹235 Cr
Revenue YoY
PAT YoY
+20.0%
Operating margin
Revenue, last 8 quarters
P/E (TTM)
P/B
Not available from data source
P/S (TTM)
2.3
Sector P/E
10.8
Dividend yield
0.0%
| Company | P/E | P/B | Net margin | ROE | D/E | Div. yield |
|---|---|---|---|---|---|---|
| BFUTILITIE (this stock) | 15.8 | Not available from data source | +17.9% | +52.6% | 2.66 | 0.0% |
| DLF | 34.5 | 3.5 | +65.8% | +9.8% | 0.01 | +1.2% |
| Lodha Developers | 23.1 | 4.6 | +22.7% | +17.7% | 0.42 | +0.4% |
| Indus Towers | 14.4 | 2.4 | +21.8% | +17.3% | 0.52 | +3.6% |
Promoter
stable
FII
stable
MF
0.05% (+0.01pp)
stable
Insider trades
No insider trades in the last 12 months.
Bulk/block deals
| date | canonicalSymbol | buy quantity | buyer count | deal strength | deal types present |
|---|---|---|---|---|---|
| 2026-09-03 | BFUTILITIE | 466095 | 2 | WEAK | BULK |
News timeline
No related news.
Concalls & investor presentations
AI-generatedNo concall transcripts or investor presentations recorded yet.
AI Summary of Annual Report
AI-generatedBF Utilities Limited (BFUTILITIE) reported FY2021-22 financials with no material defaults or regulatory penalties, but key risks include pending litigation, unsubmitted audited subsidiary financials, and a subsidiary (NECE) with negative net worth. The auditor noted that NECE's management does not believe an impairment adjustment is needed despite negative net worth. The company has no deposits, no defaults on borrowings, and no regulatory actions. The consolidated financials are pending due to missing subsidiary data.
- Pending litigation cases are subjudice, with no impact yet on financials.
- Subsidiary Nandi Economic Corridor Enterprises Ltd. (NECE) has negative net worth but no impairment adjustment deemed necessary.
- No defaults on borrowings or deposits, and no regulatory penalties noted.
- Consolidated financial statements are pending due to unsubmitted audited subsidiary financials.
- The company has no outstanding statutory dues beyond six months.
Key takeaway: BF Utilities Limited faces risks from pending litigation and a subsidiary with negative net worth, but no immediate defaults or regulatory issues are reported.
The following annual report excerpts provide qualitative strategic context. Do not treat any specific financial figures in these excerpts as authoritative — they may be incorrectly labeled due to PDF table extraction limitations. For precise financial data, refer to the structured fundamentals data above.
Governance disclosures
AI-generatedNeeds attention
Auditor Qualification (4 items); Regulatory Action (4 items)
Items of these kinds are disclosed in the filings. This is a count of disclosed items. It is not a finding about the company and its cause has not been independently established.
Auditor Qualification
4 occurrencesRecent (last 12 months)
BF Utilities Limited's Annual Report 2024-2025 mentions a qualified opinion on compliance of Corporate Governance requirements regarding the appointment of an Independent Director on the Board of Nandi Economic Corridor Enterprises.
Earlier (1-3 years ago)
The auditor issued a qualified opinion noting non-compliance with Regulation 24(1) of Listing Regulations regarding the appointment of independent directors on the boards of material unlisted subsidiaries Nandi Highway Developers Limited and Nandi Economic Corridor Enterprises Ltd.
Older (3+ years ago)
The Company is in the process of appointing an Independent Director on the Board of Nandi Highway Developers Ltd., a material subsidiary, due to a qualified opinion on compliance of Corporate Governance requirements.
The auditor has identified key audit matters related to the standalone financial statements of BF Utilities Limited for the period ended 31 March 2021, indicating potential areas of concern in the audit process.
Regulatory Action
4 occurrencesRecent (last 12 months)
The company received notices from BSE and NSE levying fines of INR 9,32,200 each, paid in full, and an additional voluntary fine of INR 11,80,000 under SEBI regulations. The promoter's Demat account was suspended due to non-compliance with SEBI LODR Regulations, and the company's scrip was moved to 'Z' category by BSE and NSE for non-compliance.
Earlier (1-3 years ago)
The company received notices from BSE and NSE imposing a fine of INR 1,29,800 each for delayed submission of consolidated financial results, which was paid by the company.
Older (3+ years ago)
The company received notices from BSE and NSE imposing a fine of INR 1,77,000 for delayed submission of consolidated financial results under Regulation 33 of LODR for the quarter and year ended March 31, 2022.
BF Utilities Limited received fines of Rs.23,600 each from BSE and NSE on September 14, 2021, for delaying submission of consolidated financial results under Regulation 33(3)(b) of LODR for the quarter ended June 30, 2021.
Routine disclosures
Internal Control Weakness
2 occurrencesRecent (last 12 months)
BF Utilities Limited's internal controls for reviewing the recoverability and utilisation of an advance given to its step-down subsidiary, Nandi Economic Corridor Enterprises Ltd (NECE), amounting to Rs 3,700 lacs, were not designed and operating effectively. Additionally, internal controls for reviewing the provision for impairment loss on such advance as per Ind AS 36 were also not designed and operating effectively.
Earlier (1-3 years ago)
The auditor has issued an adverse audit opinion on the internal financial controls with reference to the Consolidated financial statements, indicating a material weakness.
Contingent Liability
5 occurrencesRecent (last 12 months)
BF UTILITIES LIMITED has contingent liabilities related to interest due and payable to suppliers under the MSMED Act, with amounts outstanding as of March 31, 2025 and 2024.
Earlier (1-3 years ago)
BF UTILITIES LIMITED has contingent liabilities not provided for, including claims against the company not acknowledged as debt, guarantees given on behalf of other companies, and other unspecified contingent liabilities as of 31st March, 2024.
Older (3+ years ago)
BF UTILITIES LIMITED has a contingent liability of Rs. 1,200 Million related to a guarantee given for a term loan facility to Nandi Highway Developers Limited (NHDL), with restrictions on disposing of its shares in NHDL until the loan is settled.
BF UTILITIES LIMITED has a contingent liability of Rs. 1,200 Million related to a guarantee given for a term loan facility to Nandi Highway Developers Limited (NHDL), with restrictions on disposing of its shares in NHDL until the loan is settled.
The company has provided guarantees and undertakings for NECE's consortium loan of Rs. 4,000 Million and for NHDL's term loan of Rs. 1,200 Million, including commitments to maintain shareholding and provide support.
Promoter Share Pledge
1 occurrenceRecent (last 12 months)
4.71% of promoter holding pledged (quarter 2026-Q3 as of 2026-07-18).