BGR ENERGY SYSTEMS LIMITED

About

BGR Energy Systems Limited, together with its subsidiaries, manufactures and sells capital equipment for power plants, petrochemical and process industries, and refineries in India and internationally. The company is involved in the provision of turnkey engineering, procurement, and construction services for power plants; and supply of sub and super critical steam turbines and generators, and single and multiple pressure level natural circulation heat recovery steam generators; and providing process coolers, finned tubes, radiator and compressors coolers, and tube bundles. It also offers turnkey solutions for EHV substations; optical fiber composite ground wire and optical line termination equipment; gas insulated switchgear substations; EHV transmission lines; plant electrical projects; and rural electrification, as well as power trading and balance of plant works for hydro projects. In addition, the company provides process equipment packages and systems, including phase separator system / skids, indirect water bath heater, gas conditioning, regulating and metering systems, knockout drums / scrubbers, and filter separators / dry gas filters; pipeline equipment; compressor packaging products; and storage tanks; deaerators, membrane based water treatment plant, membrane based desalination plants, effluent treatment and recycling plants, and condensate polishing units. In addition, it operates thermal power projects at Andhra Pradesh, Maharashtra, Tamil Nadu, Uttar Pradesh, and Chhattishgarh. BGR Energy Systems Limited was incorporated in 1985 and is based in Chennai, India.

Key Metrics

as of Sep 2026

Market Cap1,777 Cr

P/E—

Div Yield0.00 %

Book Value₹-396.00

52w High₹491.00

52w Low₹212.00

Face Value₹10.00

Quarterly Results

Rs. Crores · hover row for definition

Metric	Jun 2026	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Dec 2024	Sep 2024	Jun 2024	Mar 2024	Dec 2023	Sep 2023	Jun 2023
Sales	15.00	50.00	78.00	83.00	89.00	129.00	66.00	83.00	174.00	170.00	462.00	235.00	145.00
Expenses	116.00	275.00	263.00	137.00	191.00	422.00	257.00	150.00	175.00	4.00	907.00	263.00	168.00
Operating Profit	-101.00	-225.00	-186.00	-54.00	-102.00	-293.00	-191.00	-68.00	-2.00	166.00	-445.00	-27.00	-23.00
OPM %	-661.00	-448.00	-239.00	-65.00	-115.00	-227.00	-289.00	-82.00	-0.90	98.00	-96.00	-12.00	-16.00
Other Income	80.00	69.00	19.00	10.00	24.00	182.00	-6.00	0.00	9.00	96.00	10.00	1.00	4.00
Depreciation	1.00	3.00	3.00	3.00	3.00	4.00	3.00	3.00	3.00	3.00	3.00	3.00	4.00
Interest	204.00	604.00	24.00	15.00	182.00	213.00	143.00	122.00	122.00	126.00	117.00	102.00	100.00
Profit before tax	-226.00	-762.00	-193.00	-62.00	-263.00	-328.00	-343.00	-192.00	-118.00	133.00	-555.00	-132.00	-122.00
Tax %	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	24.00	-20.00	-26.00
Net Profit	-226.00	-762.00	-193.00	-62.00	-263.00	-328.00	-343.00	-192.00	-118.00	133.00	-688.00	-106.00	-91.00
EPS in Rs	-31.33	-105.58	-26.77	-8.55	-36.45	-45.51	-47.54	-26.59	-16.30	18.43	-95.31	-14.74	-12.60

Profit & Loss

Annual · Rs. Crores

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015
Sales	300.00	451.00	1,012.00	806.00	1,221.00	1,140.00	2,692.00	3,229.00	3,298.00	3,438.00	3,238.00	3,365.00
Expenses	866.00	1,004.00	1,328.00	1,076.00	1,084.00	1,290.00	2,461.00	2,891.00	2,923.00	3,103.00	2,880.00	3,052.00
Operating Profit	-567.00	-553.00	-315.00	-270.00	137.00	-151.00	231.00	339.00	375.00	335.00	358.00	313.00
OPM %	-189.00	-123.00	-31.00	-33.00	11.00	-13.00	9.00	10.00	11.00	10.00	11.00	9.00
Other Income	123.00	185.00	97.00	51.00	12.00	6.00	41.00	1.00	2.00	20.00	6.00	1.00
Interest	825.00	600.00	445.00	399.00	359.00	300.00	302.00	270.00	288.00	264.00	291.00	211.00
Depreciation	11.00	13.00	13.00	17.00	27.00	30.00	35.00	28.00	25.00	24.00	23.00	25.00
Profit before tax	-1,280.00	-981.00	-677.00	-635.00	-236.00	-475.00	-64.00	41.00	64.00	68.00	50.00	79.00
Tax %	0.00	0.00	11.00	-25.00	-25.00	-25.00	-121.00	29.00	49.00	35.00	46.00	46.00
Net Profit	-1,280.00	-981.00	-752.00	-479.00	-178.00	-355.00	14.00	29.00	32.00	44.00	27.00	42.00
EPS in Rs	-177.35	-135.95	-104.23	-66.32	-24.68	-49.25	1.87	4.03	4.49	6.12	3.77	5.84
Dividend Payout %	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00

Balance Sheet

Annual · Rs. Crores — latest first

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015
Equity Capital	72.00	72.00	72.00	72.00	72.00	72.00	72.00	72.00	72.00	72.00	72.00	72.00
Reserves	-2,672.00	-1,393.00	-416.00	331.00	810.00	991.00	1,345.00	1,334.00	1,333.00	1,305.00	1,261.00	1,272.00
Borrowings	4,535.00	3,471.00	1,833.00	1,845.00	1,878.00	1,943.00	2,143.00	2,259.00	2,228.00	2,001.00	2,303.00	2,117.00
Other Liabilities	2,308.00	2,483.00	2,794.00	2,634.00	2,520.00	2,291.00	2,555.00	2,840.00	2,830.00	2,808.00	2,704.00	2,734.00
Total Liabilities	4,243.00	4,633.00	4,283.00	4,881.00	5,281.00	5,296.00	6,116.00	6,505.00	6,463.00	6,187.00	6,340.00	6,196.00
Fixed Assets	19.00	46.00	60.00	84.00	96.00	130.00	163.00	177.00	178.00	172.00	179.00	178.00
CWIP	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	5.00
Investments	359.00	361.00	361.00	360.00	360.00	360.00	359.00	364.00	364.00	364.00	364.00	364.00
Other Assets	3,865.00	4,226.00	3,862.00	4,437.00	4,825.00	4,807.00	5,593.00	5,964.00	5,921.00	5,650.00	5,797.00	5,650.00
Total Assets	4,243.00	4,633.00	4,283.00	4,881.00	5,281.00	5,296.00	6,116.00	6,505.00	6,463.00	6,187.00	6,340.00	6,196.00

Cash Flows

Annual · Rs. Crores — latest first

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015
Cash from Operating Activity	-22.00	-1,859.00	150.00	305.00	334.00	467.00	369.00	257.00	26.00	591.00	-82.00	151.00
Cash from Investing Activity	2.00	2.00	0.00	-2.00	8.00	-1.00	42.00	-26.00	-31.00	-17.00	-19.00	-11.00
Cash from Financing Activity	-9.00	1,883.00	-143.00	-306.00	-370.00	-459.00	-413.00	-232.00	-91.00	-534.00	-106.00	-130.00
Net Cash Flow	-29.00	26.00	7.00	-4.00	-28.00	8.00	-2.00	-1.00	-96.00	40.00	-207.00	10.00
Free Cash Flow	-23.00	-1,857.00	150.00	303.00	342.00	466.00	368.00	231.00	-5.00	574.00	-101.00	139.00
CFO/OP %	6.00	337.00	-39.00	-100.00	224.00	-310.00	163.00	79.00	11.00	188.00	-23.00	116.00

Ratios

Annual · Days / % — latest first

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015
Debtor Days	115.00	289.00	209.00	306.00	218.00	259.00	119.00	327.00	332.00	230.00	296.00	262.00
Inventory Days	6.00	11.00	19.00	28.00	18.00	25.00	10.00	7.00	9.00	12.00	4.00	7.00
Days Payable	609.00	754.00	430.00	621.00	484.00	581.00	263.00	223.00	212.00	242.00	220.00	167.00
Cash Conversion Cycle	-488.00	-454.00	-202.00	-287.00	-248.00	-297.00	-134.00	111.00	128.00	-1.00	81.00	102.00
Working Capital Days	1,534.00	-1,143.00	-145.00	-122.00	-73.00	-51.00	-46.00	-34.00	-14.00	4.00	63.00	62.00
ROCE %	-22.00	-21.00	-12.00	-9.00	4.00	-5.00	5.00	9.00	11.00	9.00	10.00	9.00

Shareholding Pattern

% holding — latest first

Holder	Jun 2026	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Dec 2024	Sep 2024	Jun 2024	Mar 2024	Dec 2023	Sep 2023
Promoters	51.01	51.01	51.01	51.01	51.01	51.01	51.01	51.01	51.01	51.01	75.00	75.00
FIIs	0.01	0.10	0.05	0.09	0.01	0.02	0.00	0.15	0.17	0.08	0.01	0.02
DIIs	0.00	0.00	0.00	0.00	0.14	0.14	0.26	0.26	0.26	0.26	0.26	0.26
Public	48.98	48.89	48.95	48.90	48.86	48.83	48.73	48.59	48.57	48.67	24.74	24.73
No. of Shareholders	67,585	68,589	69,300	71,751	73,319	75,717	84,011	90,458	93,739	96,618	76,821	77,344

Corporate Actions

9 records

Action	Ex Date	Record Date	Ratio	Amount (₹)	Notes
Other	02 Aug 2024	—	—	—	Annual General Meeting
Other	16 Sep 2015	—	—	—	Annual General Meeting
Dividend	18 Sep 2014	—	—	3.00
Dividend	17 Sep 2013	—	—	7.00
Dividend	13 Sep 2012	—	—	7.00
Dividend	15 Sep 2011	—	—	10.00
Dividend	16 Sep 2010	—	—	7.00
Dividend	07 Sep 2009	—	—	3.00
Dividend	11 Sep 2008	—	—	2.00