BGR Energy Systems Ltd

BGRENERGY

Watchlist

AI Mode

‌

Market Cap

₹ 2,484 Cr

P/E

—

‌

‌
‌

‌

‌
‌

Investment Checklist

How to read checklist?

Performance

MARKET LEADER

Valuation

REASONABLE

Growth

STABLE

Profitability

LOW MARGIN

Technicals

Bearish

Risk

LOW RISK

Investment Checklist

‌

‌
‌

‌

‌
‌

‌

‌
‌

‌

‌
‌

‌

‌
‌

‌

‌
‌

‌

Price

PE Ratio

Price

‌

Overview

Detailed Summary

BGR Energy Systems Limited is a manufacturer and EPC contractor, offering solutions for power plants, petrochemical industries, and other process industries. Its core business comprises five strategic business units, including power projects, electrical projects, and oil and gas equipment.

Historically, BGR has partnered with international firms, like Hitachi and GEA, leveraging joint ventures to enhance technological capabilities, particularly in supercritical steam technology.

The company has shown considerable expertise in power projects, successfully commissioning multiple high-capacity thermal power plants across India, indicating a robust project execution capability.

They have significantly invested in environmental engineering, commissioning substantial water treatment and desalination projects, emphasizing their commitment to sustainable technology and infrastructure.

BGR's strategic expansions, particularly in the Electrical project division, highlight their growth focus within India, securing pivotal contracts like the NPCIL Project.

Sector

Infrastructure Developers & Operators

Industry

Engineering - Turnkey Services

Market Cap

2,484 Cr

Volatility

Low Risk

P/E Ratio

—

Industry P/E

25.7

PEG Ratio

—

P/B Ratio

—

52W High

490.15

52W Low

69.49

Sales CAGR

-55.30%

-28.23%

-30.04%

10Y

-19.69%

Profit CAGR

-27.90%

—

10Y

—

ROE

TTM

51.36%

96.46%

269.63%

10Y

-48.54%

ROCE

TTM

-20.74%

149.05%

-74.03%

10Y

4.97%

Technicals

Oscillators

BearishNeutralBullish

Bullish

Bearish

Neutral

Bullish

Overall

BearishNeutralBullish

Bearish

Neutral

Bullish

Moving Averages

BearishNeutralBullish

Bearish

Neutral

Bullish

Overall

BearishNeutralBullish

Bearish

Neutral

Bullish

Forecasts

Peers

Symbol	Price	Market Cap	P/E	P/B	Div Yield (%)	ROE (%)	ROCE (%)	ROA (%)
BGRENERGY	337.80	2,484 Cr	—	0.00	0.00	51.36	-20.74	-22.38
SOLARWORLD	283.00	2,484 Cr	33.40	3.31	0.00	9.92	11.86	5.73
KPEL	351.00	2,320 Cr	17.37	6.15	0.17	35.39	29.85	10.53
EMSLIMITED	424.95	2,287 Cr	14.01	2.20	0.36	15.68	18.79	12.43
MBEL	380.50	2,158 Cr	24.97	6.10	0.00	14.52	18.87	8.52
GVPIL	315.95	2,098 Cr	45.02	5.43	0.00	12.07	24.39	11.07
BAJEL	166.80	1,930 Cr	150.32	2.73	0.00	1.82	10.08	0.64

Financial Statements

AI Powered Summary

Discover detailed, AI-driven financial summaries that break down key metrics, trends, and insights—empowering you to make smarter investment decisions.

AI Mode

Consolidated Quarterly Results (in ₹ Crores)

View Standalone

Total Figures

QoQ Changes

Total Figures

	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025
Sales	145	235	235	170	174	83	66	130	89	83
Expenses	169	263	263	7.93	177	151	258	432	194	140
Operating Profit	-24	-28	-28	162	-3.17	-69	-192	-302	-105	-56
OPM %	-16.59	-11.98	-11.98	95.34	-1.82	-83.35	-290.66	-232.31	-118.81	-67.83
Other Income	4.15	1.00	1.00	96	17	0.56	1.28	187	25	12
Interest	100	102	102	126	122	122	143	213	182	15
Depreciation	3.58	3.47	3.47	3.01	2.98	2.80	2.75	4.41	2.80	2.66
Profit Before Tax	-123	-133	-133	129	-112	-193	-336	-332	-266	-63
Tax %	25.50	19.50	19.50	0.02	0.00	0.00	0.00	0.00	0.00	0.00
Net Profit	-92	-107	-107	129	-112	-193	-336	-332	-266	-63
EPS in Rs	-12.68	-14.81	-14.81	18.08	-15.72	-26.68	-46.58	-45.77	-36.74	-8.63

Consolidated Profit Loss (in ₹ Crores)

View Standalone

Total Figures

YoY Changes

Total Figures

	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	TTM
Sales	3,451	3,299	3,273	2,692	1,140	1,221	806	1,012	452	367
Expenses	3,054	2,952	2,950	2,502	1,339	1,090	1,085	1,348	1,019	1,035
Operating Profit	397	347	323	190	-200	130	-279	-336	-566	-668
OPM %	11.50	10.51	9.86	7.06	-17.53	10.68	-34.56	-33.19	-125.11	-181.94
Other Income	21	3.55	2.76	43	7.12	13	50	109	210	213
Interest	263	287	270	277	264	359	399	445	600	660
Depreciation	24	25	28	35	31	27	17	13	13	13
Profit Before Tax	121	37	28	-80	-487	-243	-644	-685	-973	-1,127
Tax %	29.39	85.37	45.68	87.99	24.44	23.72	24.31	-10.99	0.00	0.00
Net Profit	85	5.47	15	-9.57	-368	-185	-488	-761	-973	-1,127
EPS in Rs	—	—	2.67	-0.40	-50.51	-25.37	-67.14	-24.22	-134.75	-137.72
Dividend Payout %	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	—

Consolidated Balance Sheet (in ₹ Crores)

View Standalone

Total Figures

YoY Changes

Total Figures

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Equity Capital	72	72	72	72	72	72	72	72	72	72
Reserves	1,168	1,242	1,251	1,155	1,107	698	505	20	-733	-1,680
Borrowings	2,248	1,926	2,125	2,124	2,143	1,943	1,878	1,845	1,833	3,471
Other Liabilities	3,202	3,186	3,329	3,352	2,923	2,677	2,905	3,019	3,186	2,838
Total Liabilities	6,691	6,426	6,777	6,704	6,245	5,389	5,360	4,955	4,358	4,701
Fixed Assets	494	488	493	493	403	370	336	322	297	283
CWIP	0.45	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.25
Investments	0.51	0.84	0.91	0.88	0.42	0.78	1.01	3.78	4.57	4.15
Other Assets	6,196	5,937	6,283	6,211	5,841	5,018	5,023	4,630	4,057	4,414
Total Assets	6,691	6,426	6,777	6,704	6,245	5,389	5,360	4,955	4,358	4,701

Consolidated Cash Flows (in ₹ Crores)

View Standalone

Total Figures

YoY Changes

Total Figures

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Cash from Operating Activity	-82	545	24	250	370	469	327	304	150	-1,857
Cash from Investing Activity	-19	-18	-31	-25	42	-0.76	7.97	-2.00	0.34	1.67
Cash from Financing Activity	-117	-534	-91	-232	-413	-459	-370	-306	-143	1,883
Net Cash Flow	-218	-7.29	-98	-6.74	-1.40	9.80	-35	-4.25	7.78	28

Shareholdings

Shareholding History

Quarterly

Yearly

Quarterly

	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025
Promoters	75.00%	75.00%	75.00%	75.00%	75.00%	51.01%	51.01%	51.01%	51.01%	51.01%	51.01%	51.01%
FIIs	0.01%	0.00%	0.03%	0.02%	0.01%	0.08%	0.17%	0.15%	0.00%	0.02%	0.01%	0.10%
DIIs	0.26%	0.26%	0.26%	0.26%	0.26%	0.26%	0.26%	0.26%	0.26%	0.14%	0.14%	0.00%
Public	24.74%	24.74%	24.72%	24.72%	24.73%	48.66%	48.57%	48.59%	48.73%	48.83%	48.85%	48.90%
Total Shareholders	79,852	79,009	77,841	77,344	76,821	96,618	93,739	90,458	84,011	75,717	73,319	71,751

Market Transactions

Date	Party	Category	Type	Avg Price (₹)	Total Value (₹)	Quantity	Percent Traded
Feb 19, 2025	Epitome trading and investments	Bulk	Buy	103.05	0.05 Cr	5,316	0.00
Feb 19, 2025	Epitome trading and investments	Bulk	Sell	98.13	3.93 Cr	4,00,000	0.55
Feb 19, 2025	Parshva trading	Bulk	Sell	98.71	3.82 Cr	3,87,077	0.53
Jan 31, 2025	Epitome trading and investments	Bulk	Buy	136.40	7.75 Cr	5,68,207	0.78
Jan 31, 2025	Parshva trading	Bulk	Buy	136.40	6.82 Cr	5,00,000	0.69
Jan 27, 2025	Epitome trading and investments	Bulk	Sell	142.10	11.37 Cr	8,00,000	1.10
Jan 20, 2025	Epitome trading and investments	Bulk	Buy	133.98	6.70 Cr	5,00,000	0.69
Jan 20, 2025	Neo apex venture llp	Bulk	Sell	133.98	9.04 Cr	6,75,000	0.93
Jan 07, 2025	Neo apex venture llp	Bulk	Sell	112.15	7.78 Cr	6,93,420	0.96
Jan 06, 2025	Neo apex venture llp	Bulk	Buy	109.96	4.88 Cr	4,43,420	0.61

Projection

Actions

Action Type

‌
‌

Announcements

Last 7 days

Newest

Sentiment

Sorry, no results found!

Documents

Presentations

Concalls

Reports

Presentations

No documents found!

AI Mode

Get instant AI-powered insights about company performance, financials, and strategy. Ask questions about trends, competition, and developments while receiving responses backed by official documents and market data, with clear attribution to source documents.

AI Mode

Overview

Detailed Summary

Historically, BGR has partnered with international firms, like Hitachi and GEA, leveraging joint ventures to enhance technological capabilities, particularly in supercritical steam technology.

The company has shown considerable expertise in power projects, successfully commissioning multiple high-capacity thermal power plants across India, indicating a robust project execution capability.

BGR's strategic expansions, particularly in the Electrical project division, highlight their growth focus within India, securing pivotal contracts like the NPCIL Project.

Sector

Infrastructure Developers & Operators

Industry

Engineering - Turnkey Services

Market Cap

2,484 Cr

Volatility

Low Risk

P/E Ratio

—

Industry P/E

25.7

PEG Ratio

—

P/B Ratio

—

52W High

490.15

52W Low

69.49

Sales CAGR

-55.30%

-28.23%

-30.04%

10Y

-19.69%

Profit CAGR

-27.90%

—

10Y

—

ROE

TTM

51.36%

96.46%

269.63%

10Y

-48.54%

ROCE

TTM

-20.74%

149.05%

-74.03%

10Y

4.97%

Financial Statements

AI Powered Summary

Discover detailed, AI-driven financial summaries that break down key metrics, trends, and insights—empowering you to make smarter investment decisions.

AI Mode

Consolidated Quarterly Results (in ₹ Crores)

View Standalone

Total Figures

QoQ Changes

Total Figures

	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025
Sales	145	235	235	170	174	83	66	130	89	83
Expenses	169	263	263	7.93	177	151	258	432	194	140
Operating Profit	-24	-28	-28	162	-3.17	-69	-192	-302	-105	-56
OPM %	-16.59	-11.98	-11.98	95.34	-1.82	-83.35	-290.66	-232.31	-118.81	-67.83
Other Income	4.15	1.00	1.00	96	17	0.56	1.28	187	25	12
Interest	100	102	102	126	122	122	143	213	182	15
Depreciation	3.58	3.47	3.47	3.01	2.98	2.80	2.75	4.41	2.80	2.66
Profit Before Tax	-123	-133	-133	129	-112	-193	-336	-332	-266	-63
Tax %	25.50	19.50	19.50	0.02	0.00	0.00	0.00	0.00	0.00	0.00
Net Profit	-92	-107	-107	129	-112	-193	-336	-332	-266	-63
EPS in Rs	-12.68	-14.81	-14.81	18.08	-15.72	-26.68	-46.58	-45.77	-36.74	-8.63

Consolidated Profit Loss (in ₹ Crores)

View Standalone

Total Figures

YoY Changes

Total Figures

	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	TTM
Sales	3,451	3,299	3,273	2,692	1,140	1,221	806	1,012	452	367
Expenses	3,054	2,952	2,950	2,502	1,339	1,090	1,085	1,348	1,019	1,035
Operating Profit	397	347	323	190	-200	130	-279	-336	-566	-668
OPM %	11.50	10.51	9.86	7.06	-17.53	10.68	-34.56	-33.19	-125.11	-181.94
Other Income	21	3.55	2.76	43	7.12	13	50	109	210	213
Interest	263	287	270	277	264	359	399	445	600	660
Depreciation	24	25	28	35	31	27	17	13	13	13
Profit Before Tax	121	37	28	-80	-487	-243	-644	-685	-973	-1,127
Tax %	29.39	85.37	45.68	87.99	24.44	23.72	24.31	-10.99	0.00	0.00
Net Profit	85	5.47	15	-9.57	-368	-185	-488	-761	-973	-1,127
EPS in Rs	—	—	2.67	-0.40	-50.51	-25.37	-67.14	-24.22	-134.75	-137.72
Dividend Payout %	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	—

Consolidated Balance Sheet (in ₹ Crores)

View Standalone

Total Figures

YoY Changes

Total Figures

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Equity Capital	72	72	72	72	72	72	72	72	72	72
Reserves	1,168	1,242	1,251	1,155	1,107	698	505	20	-733	-1,680
Borrowings	2,248	1,926	2,125	2,124	2,143	1,943	1,878	1,845	1,833	3,471
Other Liabilities	3,202	3,186	3,329	3,352	2,923	2,677	2,905	3,019	3,186	2,838
Total Liabilities	6,691	6,426	6,777	6,704	6,245	5,389	5,360	4,955	4,358	4,701
Fixed Assets	494	488	493	493	403	370	336	322	297	283
CWIP	0.45	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.25
Investments	0.51	0.84	0.91	0.88	0.42	0.78	1.01	3.78	4.57	4.15
Other Assets	6,196	5,937	6,283	6,211	5,841	5,018	5,023	4,630	4,057	4,414
Total Assets	6,691	6,426	6,777	6,704	6,245	5,389	5,360	4,955	4,358	4,701

Consolidated Cash Flows (in ₹ Crores)

View Standalone

Total Figures

YoY Changes

Total Figures

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Cash from Operating Activity	-82	545	24	250	370	469	327	304	150	-1,857
Cash from Investing Activity	-19	-18	-31	-25	42	-0.76	7.97	-2.00	0.34	1.67
Cash from Financing Activity	-117	-534	-91	-232	-413	-459	-370	-306	-143	1,883
Net Cash Flow	-218	-7.29	-98	-6.74	-1.40	9.80	-35	-4.25	7.78	28