BF Utilities Ltd: Intrinsic Value & Share Price Analysis

Share Price and Basic Stock Data

Last Updated: April 18, 2025, 10:04 pm

Market Cap	2,984 Cr.
Current Price	792
High / Low	1,129/572
Stock P/E	20.2
Book Value	34.9
Dividend Yield	0.00 %
ROCE	28.4 %
ROE	%
Face Value	5.00
PEG Ratio	0.18

Stock P/E, Current Price, and Intrinsic Value Over Time

Stock P/E Current Price Intrinsic Value

View Share Price Target for BF Utilities Ltd

Competitors of BF Utilities Ltd

Stock Name ⇩	Market Cap ⇩	Current Price ⇩	High / Low ⇩	Stock P/E ⇩	Book Value ⇩	Dividend Yield ⇩	ROCE ⇩	ROE ⇩	Face Value ⇩
Noida Toll Bridge Company Ltd	63.5 Cr.	3.41	24.0/2.57		10.4	0.00 %	11.0 %	14.4 %	10.0
MEP Infrastructure Developers Ltd	23.7 Cr.	1.29	9.56/1.14		21.6	0.00 %	20.7 %	%	10.0
BF Utilities Ltd	2,984 Cr.	792	1,129/572	20.2	34.9	0.00 %	28.4 %	%	5.00
Industry Average	2,984.00 Cr	265.57		20.20	22.30	0.00%	20.03%	14.40%	8.33

All Competitor Stocks of BF Utilities Ltd

Quarterly Result

Metric	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024
Sales	114	141	178	194	161	166	232	263	218	246	242	197	221
Expenses	35	39	91	54	49	48	110	135	69	97	88	46	54
Operating Profit	79	102	88	141	111	118	122	129	149	149	154	152	167
OPM %	69%	72%	49%	72%	69%	71%	53%	49%	68%	61%	64%	77%	76%
Other Income	5	3	9	1	5	12	5	4	5	5	5	5	6
Interest	51	42	40	43	44	45	51	38	36	35	32	32	30
Depreciation	14	14	13	14	14	15	15	15	16	17	18	18	18
Profit before tax	20	49	43	85	58	71	61	80	102	101	109	108	126
Tax %	9%	6%	11%	4%	4%	6%	13%	24%	15%	25%	27%	26%	28%
Net Profit	18	46	38	81	55	67	53	61	87	76	80	79	91
EPS in Rs	2.46	6.00	5.67	9.94	7.14	8.49	7.43	8.02	11.26	9.90	9.90	9.81	10.38

Last Updated: March 3, 2025, 5:17 pm

Below is a detailed analysis of the quarterly data for BF Utilities Ltd based on the most recent figures (Sep 2024) and their trends compared to the previous period:

For Sales, as of Sep 2024, the value is 221.00 Cr.. The value appears strong and on an upward trend. It has increased from 197.00 Cr. (Jun 2024) to 221.00 Cr., marking an increase of 24.00 Cr..
For Expenses, as of Sep 2024, the value is 54.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 46.00 Cr. (Jun 2024) to 54.00 Cr., marking an increase of 8.00 Cr..
For Operating Profit, as of Sep 2024, the value is 167.00 Cr.. The value appears strong and on an upward trend. It has increased from 152.00 Cr. (Jun 2024) to 167.00 Cr., marking an increase of 15.00 Cr..
For OPM %, as of Sep 2024, the value is 76.00%. The value appears to be declining and may need further review. It has decreased from 77.00% (Jun 2024) to 76.00%, marking a decrease of 1.00%.
For Other Income, as of Sep 2024, the value is 6.00 Cr.. The value appears strong and on an upward trend. It has increased from 5.00 Cr. (Jun 2024) to 6.00 Cr., marking an increase of 1.00 Cr..
For Interest, as of Sep 2024, the value is 30.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 32.00 Cr. (Jun 2024) to 30.00 Cr., marking a decrease of 2.00 Cr..
For Depreciation, as of Sep 2024, the value is 18.00 Cr.. The value remains steady. There is no change compared to the previous period (Jun 2024) which recorded 18.00 Cr..
For Profit before tax, as of Sep 2024, the value is 126.00 Cr.. The value appears strong and on an upward trend. It has increased from 108.00 Cr. (Jun 2024) to 126.00 Cr., marking an increase of 18.00 Cr..
For Tax %, as of Sep 2024, the value is 28.00%. The value appears to be increasing, which may not be favorable. It has increased from 26.00% (Jun 2024) to 28.00%, marking an increase of 2.00%.
For Net Profit, as of Sep 2024, the value is 91.00 Cr.. The value appears strong and on an upward trend. It has increased from 79.00 Cr. (Jun 2024) to 91.00 Cr., marking an increase of 12.00 Cr..
For EPS in Rs, as of Sep 2024, the value is 10.38. The value appears strong and on an upward trend. It has increased from 9.81 (Jun 2024) to 10.38, marking an increase of 0.57.

Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: March 6, 2025, 4:51 pm

Metric	Sep 2013	Sep 2014	Sep 2015	Mar 2016n n 6m	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	TTM
Sales	197	238	519	301	336	401	448	535	370	513	759	969	907
Expenses	89	92	145	93	85	99	117	238	142	193	261	389	284
Operating Profit	109	146	373	209	251	301	331	297	229	320	498	581	622
OPM %	55%	61%	72%	69%	75%	75%	74%	55%	62%	62%	66%	60%	69%
Other Income	10	8	6	15	8	11	6	4	23	21	17	19	22
Interest	203	240	231	194	222	208	205	214	215	183	183	142	129
Depreciation	21	24	28	23	60	63	52	53	57	55	58	66	71
Profit before tax	-105	-110	120	6	-23	41	80	34	-20	103	274	392	443
Tax %	4%	1%	-0%	48%	25%	13%	9%	19%	10%	10%	6%	23%
Net Profit	-109	-111	121	3	-29	36	72	27	-22	93	257	304	326
EPS in Rs	-12.84	-13.81	16.31	0.81	0.88	6.38	10.19	5.23	-0.66	13.48	33.00	39.09	39.99
Dividend Payout %	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2017-2018	2018-2019	2019-2020	2020-2021	2021-2022	2022-2023	2023-2024
YoY Net Profit Growth (%)	224.14%	100.00%	-62.50%	-181.48%	522.73%	176.34%	18.29%
Change in YoY Net Profit Growth (%)	0.00%	-124.14%	-162.50%	-118.98%	704.21%	-346.38%	-158.06%

BF Utilities Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 7 years from 2017-2018 to 2023-2024.

Growth

Compounded Sales Growth
10 Years:	17%
5 Years:	17%
3 Years:	38%
TTM:	-9%

Compounded Profit Growth
10 Years:	17%
5 Years:	27%
3 Years:	253%
TTM:	7%

Stock Price CAGR
10 Years:	1%
5 Years:	35%
3 Years:	28%
1 Year:	6%

Return on Equity
10 Years:	%
5 Years:	%
3 Years:	%
Last Year:	%

Last Updated: Unknown

Balance Sheet

Last Updated: January 13, 2025, 3:59 pm

Month	Sep 2013	Sep 2014	Sep 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Sep 2024
Equity Capital	19	19	19	19	19	19	19	19	19	19	19	19	19
Reserves	-247	-299	-247	-247	-334	-311	-283	-240	-242	-190	-111	37	113
Borrowings	1,925	1,935	1,855	1,865	1,723	1,643	1,756	1,709	1,715	1,631	1,482	1,298	1,116
Other Liabilities	560	595	610	602	466	491	509	683	656	690	841	1,070	1,193
Total Liabilities	2,256	2,250	2,237	2,240	1,874	1,842	2,000	2,171	2,147	2,150	2,232	2,423	2,440
Fixed Assets	1,247	1,324	1,299	1,287	1,217	1,155	1,108	1,162	1,108	1,124	1,098	1,354	1,351
CWIP	210	159	165	161	55	46	44	44	44	53	133	54	36
Investments	37	32	2	29	23	9	143	198	226	161	55	62	74
Other Assets	762	736	771	764	579	632	705	767	769	813	946	953	980
Total Assets	2,256	2,250	2,237	2,240	1,874	1,842	2,000	2,171	2,147	2,150	2,232	2,423	2,440

Below is a detailed analysis of the balance sheet data for BF Utilities Ltd based on the most recent figures (Sep 2024) and their trends compared to the previous period:

For Equity Capital, as of Sep 2024, the value is ₹19.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 19.00 Cr..
For Reserves, as of Sep 2024, the value is ₹113.00 Cr.. The value appears strong and on an upward trend. It has increased from 37.00 Cr. (Mar 2024) to ₹113.00 Cr., marking an increase of 76.00 Cr..
For Borrowings, as of Sep 2024, the value is ₹1,116.00 Cr.. The value appears to be improving (decreasing). However, Borrowings exceed Reserves, which may signal higher financial risk. It has decreased from 1,298.00 Cr. (Mar 2024) to ₹1,116.00 Cr., marking a decrease of 182.00 Cr..
For Other Liabilities, as of Sep 2024, the value is ₹1,193.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 1,070.00 Cr. (Mar 2024) to ₹1,193.00 Cr., marking an increase of 123.00 Cr..
For Total Liabilities, as of Sep 2024, the value is ₹2,440.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 2,423.00 Cr. (Mar 2024) to ₹2,440.00 Cr., marking an increase of 17.00 Cr..
For Fixed Assets, as of Sep 2024, the value is ₹1,351.00 Cr.. The value appears to be declining and may need further review. It has decreased from 1,354.00 Cr. (Mar 2024) to ₹1,351.00 Cr., marking a decrease of 3.00 Cr..
For CWIP, as of Sep 2024, the value is ₹36.00 Cr.. The value appears to be declining and may need further review. It has decreased from 54.00 Cr. (Mar 2024) to ₹36.00 Cr., marking a decrease of 18.00 Cr..
For Investments, as of Sep 2024, the value is ₹74.00 Cr.. The value appears strong and on an upward trend. It has increased from 62.00 Cr. (Mar 2024) to ₹74.00 Cr., marking an increase of 12.00 Cr..
For Other Assets, as of Sep 2024, the value is ₹980.00 Cr.. The value appears strong and on an upward trend. It has increased from 953.00 Cr. (Mar 2024) to ₹980.00 Cr., marking an increase of 27.00 Cr..
For Total Assets, as of Sep 2024, the value is ₹2,440.00 Cr.. The value appears strong and on an upward trend. It has increased from 2,423.00 Cr. (Mar 2024) to ₹2,440.00 Cr., marking an increase of 17.00 Cr..

However, the Borrowings (1,116.00 Cr.) are higher than the Reserves (₹113.00 Cr.), which may signal higher financial risk.

Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.

Reserves and Borrowings Chart

Cash Flow

Month	Sep 2013	Sep 2014	Sep 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Cash from Operating Activity +	-68	170	331	223	254	281	405	311	202	326	436	583
Cash from Investing Activity +	-82	-17	25	-30	12	-24	-158	-83	-7	-60	-40	-245
Cash from Financing Activity +	120	-182	-352	-191	-259	-265	-249	-222	-197	-283	-354	-338
Net Cash Flow	-30	-28	4	2	7	-8	-2	5	-2	-17	41	1

Free Cash Flow

Month	Mar 2016n n 6m	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Sep 2013	Sep 2014	Sep 2015
Free Cash Flow	209.00	250.00	300.00	330.00	296.00	228.00	319.00	497.00	580.00	108.00	145.00	372.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

Month	Sep 2012	Sep 2013	Sep 2014	Sep 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Debtor Days	13	8	1	2	1	10	2	2	0	0	1	1
Inventory Days
Days Payable
Cash Conversion Cycle	13	8	1	2	1	10	2	2	0	0	1	1
Working Capital Days	134	293	83	108	181	141	94	44	17	40	37	12
ROCE %	2%	5%	6%	17%	9%	11%	16%	18%	15%	11%	16%	26%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024
Promoters	56.74%	56.74%	56.74%	56.74%	56.74%	56.74%	56.74%	56.74%	56.74%	56.74%	56.74%	56.73%
FIIs	0.43%	0.39%	0.51%	0.49%	0.43%	0.39%	0.94%	0.78%	0.88%	0.90%	1.11%	1.54%
DIIs	0.09%	0.09%	0.09%	0.09%	0.09%	0.09%	0.13%	0.09%	0.09%	0.09%	0.14%	0.09%
Public	42.74%	42.77%	42.65%	42.67%	42.74%	42.77%	42.19%	42.39%	42.27%	42.26%	42.00%	41.63%
No. of Shareholders	57,565	58,038	56,854	56,428	56,186	55,189	44,259	46,044	54,730	57,038	50,588	51,117

Shareholding Pattern Chart

No. of Shareholders

This stock is not held by any mutual fund

ROCE Trend

EPS Trend

Key Financial Ratios

Month	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20
FaceValue	5.00	5.00	5.00	5.00	5.00
Basic EPS (Rs.)	39.12	33.03	13.49	-5.87	7.26
Diluted EPS (Rs.)	39.12	33.03	13.49	-5.87	7.26
Cash EPS (Rs.)	98.10	83.53	39.37	9.18	21.37
Book Value[Excl.RevalReserv]/Share (Rs.)	14.70	-24.35	19.09	-6.21	-0.65
Book Value[Incl.RevalReserv]/Share (Rs.)	14.70	-24.35	19.09	-6.21	-0.65
Revenue From Operations / Share (Rs.)	257.33	201.53	136.21	98.36	142.08
PBDIT / Share (Rs.)	159.25	136.70	90.57	66.90	86.58
PBIT / Share (Rs.)	141.72	121.30	75.93	51.86	72.47
PBT / Share (Rs.)	104.05	72.71	27.37	-5.32	8.98
Net Profit / Share (Rs.)	80.57	68.14	24.73	-5.87	7.26
NP After MI And SOA / Share (Rs.)	39.12	33.03	13.49	-0.65	5.24
PBDIT Margin (%)	61.88	67.83	66.49	68.01	60.93
PBIT Margin (%)	55.07	60.19	55.74	52.72	51.00
PBT Margin (%)	40.43	36.08	20.09	-5.41	6.32
Net Profit Margin (%)	31.31	33.80	18.15	-5.96	5.11
NP After MI And SOA Margin (%)	15.20	16.38	9.90	-0.66	3.68
Return on Networth / Equity (%)	266.18	-135.66	-29.69	0.00	-8.91
Return on Capital Employeed (%)	25.98	24.66	15.68	10.81	14.88
Return On Assets (%)	6.07	5.56	2.36	-0.11	0.90
Long Term Debt / Equity (X)	19.96	-13.80	-8.25	-6.76	-7.32
Total Debt / Equity (X)	21.84	-15.29	-8.90	-6.86	-7.42
Asset Turnover Ratio (%)	0.41	0.34	0.01	0.01	0.01
Current Ratio (X)	1.43	1.31	1.44	1.57	1.54
Quick Ratio (X)	0.77	0.72	0.75	0.93	0.87
Interest Coverage Ratio (X)	4.23	2.81	1.86	1.17	1.53
Interest Coverage Ratio (Post Tax) (X)	3.14	2.40	1.51	0.89	1.25
Enterprise Value (Cr.)	4576.58	2845.05	2979.62	2692.14	2340.28
EV / Net Operating Revenue (X)	4.72	3.75	5.81	7.27	4.37
EV / EBITDA (X)	7.63	5.53	8.73	10.68	7.18
MarketCap / Net Operating Revenue (X)	2.99	1.47	2.26	2.50	1.01
Price / BV (X)	52.44	-12.20	-6.79	-4.15	-2.45
Price / Net Operating Revenue (X)	2.99	1.47	2.26	2.50	1.01
EarningsYield	0.05	0.11	0.04	0.00	0.03

After reviewing the key financial ratios for BF Utilities Ltd, here is a detailed analysis based on the latest available data and recent trends:

For FaceValue, as of Mar 24, the value is 5.00. This value is within the healthy range. There is no change compared to the previous period (Mar 23) which recorded 5.00.
For Basic EPS (Rs.), as of Mar 24, the value is 39.12. This value is within the healthy range. It has increased from 33.03 (Mar 23) to 39.12, marking an increase of 6.09.
For Diluted EPS (Rs.), as of Mar 24, the value is 39.12. This value is within the healthy range. It has increased from 33.03 (Mar 23) to 39.12, marking an increase of 6.09.
For Cash EPS (Rs.), as of Mar 24, the value is 98.10. This value is within the healthy range. It has increased from 83.53 (Mar 23) to 98.10, marking an increase of 14.57.
For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 14.70. It has increased from -24.35 (Mar 23) to 14.70, marking an increase of 39.05.
For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 14.70. It has increased from -24.35 (Mar 23) to 14.70, marking an increase of 39.05.
For Revenue From Operations / Share (Rs.), as of Mar 24, the value is 257.33. It has increased from 201.53 (Mar 23) to 257.33, marking an increase of 55.80.
For PBDIT / Share (Rs.), as of Mar 24, the value is 159.25. This value is within the healthy range. It has increased from 136.70 (Mar 23) to 159.25, marking an increase of 22.55.
For PBIT / Share (Rs.), as of Mar 24, the value is 141.72. This value is within the healthy range. It has increased from 121.30 (Mar 23) to 141.72, marking an increase of 20.42.
For PBT / Share (Rs.), as of Mar 24, the value is 104.05. This value is within the healthy range. It has increased from 72.71 (Mar 23) to 104.05, marking an increase of 31.34.
For Net Profit / Share (Rs.), as of Mar 24, the value is 80.57. This value is within the healthy range. It has increased from 68.14 (Mar 23) to 80.57, marking an increase of 12.43.
For NP After MI And SOA / Share (Rs.), as of Mar 24, the value is 39.12. This value is within the healthy range. It has increased from 33.03 (Mar 23) to 39.12, marking an increase of 6.09.
For PBDIT Margin (%), as of Mar 24, the value is 61.88. This value is within the healthy range. It has decreased from 67.83 (Mar 23) to 61.88, marking a decrease of 5.95.
For PBIT Margin (%), as of Mar 24, the value is 55.07. This value exceeds the healthy maximum of 20. It has decreased from 60.19 (Mar 23) to 55.07, marking a decrease of 5.12.
For PBT Margin (%), as of Mar 24, the value is 40.43. This value is within the healthy range. It has increased from 36.08 (Mar 23) to 40.43, marking an increase of 4.35.
For Net Profit Margin (%), as of Mar 24, the value is 31.31. This value exceeds the healthy maximum of 10. It has decreased from 33.80 (Mar 23) to 31.31, marking a decrease of 2.49.
For NP After MI And SOA Margin (%), as of Mar 24, the value is 15.20. This value is within the healthy range. It has decreased from 16.38 (Mar 23) to 15.20, marking a decrease of 1.18.
For Return on Networth / Equity (%), as of Mar 24, the value is 266.18. This value is within the healthy range. It has increased from -135.66 (Mar 23) to 266.18, marking an increase of 401.84.
For Return on Capital Employeed (%), as of Mar 24, the value is 25.98. This value is within the healthy range. It has increased from 24.66 (Mar 23) to 25.98, marking an increase of 1.32.
For Return On Assets (%), as of Mar 24, the value is 6.07. This value is within the healthy range. It has increased from 5.56 (Mar 23) to 6.07, marking an increase of 0.51.
For Long Term Debt / Equity (X), as of Mar 24, the value is 19.96. This value exceeds the healthy maximum of 1. It has increased from -13.80 (Mar 23) to 19.96, marking an increase of 33.76.
For Total Debt / Equity (X), as of Mar 24, the value is 21.84. This value exceeds the healthy maximum of 1. It has increased from -15.29 (Mar 23) to 21.84, marking an increase of 37.13.
For Asset Turnover Ratio (%), as of Mar 24, the value is 0.41. It has increased from 0.34 (Mar 23) to 0.41, marking an increase of 0.07.
For Current Ratio (X), as of Mar 24, the value is 1.43. This value is below the healthy minimum of 1.5. It has increased from 1.31 (Mar 23) to 1.43, marking an increase of 0.12.
For Quick Ratio (X), as of Mar 24, the value is 0.77. This value is below the healthy minimum of 1. It has increased from 0.72 (Mar 23) to 0.77, marking an increase of 0.05.
For Interest Coverage Ratio (X), as of Mar 24, the value is 4.23. This value is within the healthy range. It has increased from 2.81 (Mar 23) to 4.23, marking an increase of 1.42.
For Interest Coverage Ratio (Post Tax) (X), as of Mar 24, the value is 3.14. This value is within the healthy range. It has increased from 2.40 (Mar 23) to 3.14, marking an increase of 0.74.
For Enterprise Value (Cr.), as of Mar 24, the value is 4,576.58. It has increased from 2,845.05 (Mar 23) to 4,576.58, marking an increase of 1,731.53.
For EV / Net Operating Revenue (X), as of Mar 24, the value is 4.72. This value exceeds the healthy maximum of 3. It has increased from 3.75 (Mar 23) to 4.72, marking an increase of 0.97.
For EV / EBITDA (X), as of Mar 24, the value is 7.63. This value is within the healthy range. It has increased from 5.53 (Mar 23) to 7.63, marking an increase of 2.10.
For MarketCap / Net Operating Revenue (X), as of Mar 24, the value is 2.99. This value is within the healthy range. It has increased from 1.47 (Mar 23) to 2.99, marking an increase of 1.52.
For Price / BV (X), as of Mar 24, the value is 52.44. This value exceeds the healthy maximum of 3. It has increased from -12.20 (Mar 23) to 52.44, marking an increase of 64.64.
For Price / Net Operating Revenue (X), as of Mar 24, the value is 2.99. This value is within the healthy range. It has increased from 1.47 (Mar 23) to 2.99, marking an increase of 1.52.
For EarningsYield, as of Mar 24, the value is 0.05. This value is below the healthy minimum of 5. It has decreased from 0.11 (Mar 23) to 0.05, marking a decrease of 0.06.

Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of BF Utilities Ltd as of April 19, 2025 is: 86.29

Calculation basis:

Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of April 19, 2025, BF Utilities Ltd is Overvalued by 89.10% compared to the current share price 792.00

Default values used*: Default value of 15% for ROE is used

Intrinsic Value of BF Utilities Ltd as of April 19, 2025 is: 181.92

Calculation basis:

Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of April 19, 2025, BF Utilities Ltd is Overvalued by 77.03% compared to the current share price 792.00

Default values used*: Default value of 15% for ROE is used

Last 5 Year EPS CAGR: 110.83%

*Investments are subject to market risks

Strength and Weakness

Strength	Weakness
The company has shown consistent growth in sales (499.46 cr) and profit (95.00 cr) over the years.	The stock has a low average ROCE of 12.67%, which may not be favorable. The stock has a high average Working Capital Days of 98.67, which may not be favorable. The stock has a high average Cash Conversion Cycle of 3.42, which may not be favorable. The company has higher borrowings (1,665.62) compared to reserves (-200.08), which may suggest financial risk.

Stock Analysis

Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in BF Utilities Ltd:
1. Net Profit Margin: 31.31%
  - Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
2. ROCE: 25.98% (Industry Average ROCE: 20.03%)
  - ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
3. ROE%: 266.18% (Industry Average ROE: 14.4%)
  - ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
4. Interest Coverage Ratio (Post Tax): 3.14
  - Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
5. Quick Ratio: 0.77
  - Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
6. Stock P/E: 20.2 (Industry average Stock P/E: 20.2)
  - Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
7. Total Debt / Equity: 21.84
  - Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
Stock Rating:

About the Company - Qualitative Analysis

BF Utilities Ltd. is a Public Limited Listed company incorporated on 15/09/2000 and has its registered office in the State of Maharashtra, India. Company's Corporate Identification Number(CIN) is L40108PN2000PLC015323 and registration number is 015323. Currently company belongs to the Industry of Road Infrastructure. Company's Total Operating Revenue is Rs. 19.40 Cr. and Equity Capital is Rs. 18.83 Cr. for the Year ended 31/03/2024.

INDUSTRY	ADDRESS	CONTACT
Road Infrastructure	Mundhwa, Pune Cantonment, Pune Maharashtra 411036	secretarial@bfutilities.com www.bfutilities.com

Management
Name	Position Held
Mr. B N Kalyani	Chairman
Mr. A B Kalyani	Non Executive Director
Ms. A A Sathe	Ind. Non-Executive Director
Mr. S K Adivarekar	Ind. Non-Executive Director
Mr. B S Mitkari	Whole Time Director
Mr. J K Hemade	Ind. Non-Executive Director

FAQ

What is the intrinsic value of BF Utilities Ltd?

BF Utilities Ltd's intrinsic value (as of 18 April 2025) is ₹86.29 — 89.10% lower the current market price of 792.00, indicating overvalued. Calculated using the PE ratio method, this valuation considers the company's 2,984 Cr. market cap, FY2025-2026 high/low of ₹1,129/572, reserves of 113 Cr, and liabilities of 2,440 Cr.

What is the Market Cap of BF Utilities Ltd?

The Market Cap of BF Utilities Ltd is 2,984 Cr..

What is the current Stock Price of BF Utilities Ltd as on 18 April 2025?

The current stock price of BF Utilities Ltd as on 18 April 2025 is 792.

What is the High / Low of BF Utilities Ltd stocks in FY 2025-2026?

In FY 2025-2026, the High / Low of BF Utilities Ltd stocks is ₹1,129/572.

What is the Stock P/E of BF Utilities Ltd?

The Stock P/E of BF Utilities Ltd is 20.2.

What is the Book Value of BF Utilities Ltd?

The Book Value of BF Utilities Ltd is 34.9.

What is the Dividend Yield of BF Utilities Ltd?

The Dividend Yield of BF Utilities Ltd is 0.00 %.

What is the ROCE of BF Utilities Ltd?

The ROCE of BF Utilities Ltd is 28.4 %.

What is the ROE of BF Utilities Ltd?

The ROE of BF Utilities Ltd is %.

What is the Face Value of BF Utilities Ltd?

The Face Value of BF Utilities Ltd is 5.00.