MarketFriction

BF Investment Ltd

NSE BFINVEST · BSE 533303 · Holding Company
₹428.70 -1.23%
NSE close2026-10-01
52 week range315.00 - 584.70
Market cap₹1,640 Cr.
P/E4.21
Price band 20% Delivery 54.5%

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Consolidated, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales15913819926919103711
Expenses1141103213171
Operating Profit14897179-581793010
OPM %93%93%71%92%94%95%-21%85%86%89%81%90%
Other Income796932523638104337111121185
Interest000000000000
Depreciation000000000000
Profit before tax92773342435510-65153120152195
Tax %25%25%25%25%35%30%-40%25%25%25%25%25%
Net Profit6958250183367-3384089114146
EPS in Rs18.3915.3866.4348.489.561.86-0.8810.2110.6123.7330.3338.76
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales9831,07411192216203143637678
Expenses909998346646671212
Operating Profit74778141611162636566466
OPM %8%7%71%76%73%65%78%82%85%89%84%85%
Other Income42184134214347248319543247312453
Interest200000000000
Depreciation16150011110000
Profit before tax5963192148230357264344579302375519
Tax %29%32%17%14%37%25%25%25%25%26%25%
Net Profit132135160126144267198259434222282390
EPS in Rs35.0935.9242.4233.5738.3170.8952.5068.84115.1559.0174.87103.43
Dividend Payout %0%0%0%0%0%0%0%0%0%0%13%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth-23%36%35%23%
Compounded Profit Growth8%1%3%399%
Stock Price CAGR10%4%-5%-4%
Return on Equity6%5%5%4%
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital1919191919191919191919
Reserves9801,1252,4212,0331,6923,2794,0194,6716,1826,8818,520
Borrowings100000000000
Other Liabilities149174120135213294345418612700855
Total Liabilities1,1591,3182,5592,1871,9243,5914,3825,1086,8147,6009,394
Fixed Assets6573141414151615151414
CWIP33000000000
Investments6677702,4992,0861,7773,4244,1774,8386,4597,1288,764
Other Assets4244724687133153189255340457616
Total Assets1,1591,3182,5592,1871,9243,5914,3825,1086,8147,6009,394
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity051-2-25-3-66-092133
Cash from Investing Activity-22-265301113-27718-4959
Cash from Financing Activity36-600000000-0
Net Cash Flow15193586-21727-2892
Free Cash Flow-8441-2-24-3-66-092133
CFO/OP23%95%-24%-168%-16%-9%110%79%93%98%113%
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days6168000000000
Inventory Days2923
Days Payable6572
Cash Conversion Cycle2620000000000
Working Capital Days45506941,15741258646530120314780
ROCE %6%11%7%12%14%7%8%11%5%5%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters74.13%74.13%74.13%74.13%74.13%74.13%74.13%74.13%74.13%74.13%74.13%74.13%
FIIs1.44%1.53%1.55%1.70%0.75%0.77%0.74%0.75%0.66%0.66%0.66%0.70%
DIIs0.44%0.44%0.01%0.01%0.01%0.22%0.22%0.02%0.28%0.14%0.14%0.14%
Public23.99%23.91%24.31%24.15%25.10%24.87%24.92%25.12%24.93%25.06%25.07%25.02%
No. of Shareholders20,78821,11422,91122,58924,21327,84028,89929,78829,34228,30827,57527,271

Fundamentals

Market Cap₹ 1,640 Cr.
Current Price₹ 436
Stock P/E4.21
Book Value₹ 2,267
ROCE4.86 %
ROE3.65 %
Dividend Yield2.29 %
Face Value₹ 5.00
Compounded Sales Growth (TTM)23%
Compounded Profit Growth (TTM)399%
Consolidated figures.
Valuation
Market capRs 1,615 Cr
Enterprise valueRs 1,046 Cr
P/E (TTM)4.15x
Price to book0.19x
Price to sales20.66x
EV / EBITDA2.01x
EV / EBIT2.01x
EV / sales13.38x
Price to cash flow49.08x
Earnings yield24.12%
Dividend yield2.33%
P/E, 3-year average5.67x
P/B, 3-year average0.24x
P/E, 5-year average5.60x
P/B, 5-year average0.26x
Profitability
Operating margin (excl. other income)83.89%
Operating margin (incl. other income)492.31%
EBITDA margin664.63%
Pre-tax margin664.27%
Net profit margin498.29%
Net margin, latest quarter1294.24%
ROE3.65%
ROCE4.86%
ROA3.32%
ROE, 3-year average5.00%
ROCE, 3-year average6.70%
ROA, 3-year average4.56%
ROE, 5-year average5.27%
ROCE, 5-year average7.03%
ROA, 5-year average4.82%
ROIC (approx.)4.89%
Tax rate24.90%
Other income / net worth3.65%
Growth
Sales growth (latest year)21.66%
Profit growth (latest year)26.87%
Sales CAGR, 3 years34.73%
Sales CAGR, 5 years35.99%
Profit CAGR, 3 years2.84%
Profit CAGR, 5 years1.10%
Sales growth QoQ-69.87%
Profit growth QoQ27.79%
Sales growth YoY (latest quarter)19.62%
Profit growth YoY (latest quarter)279.79%
Per share
EPS (TTM)Rs 103.42
EPS (latest year)Rs 74.87
EPS (latest quarter)Rs 38.76
EPS, 3-year averageRs 83.01
EPS, 5-year averageRs 74.07
Book value per shareRs 2,266.84
Sales per shareRs 20.76
Cash flow per shareRs 8.73
Free cash flow per shareRs 8.76
Dividend per share (latest year)Rs 10.00
Dividend per share, 3-year averageRs 10.00
Dividend per share, 5-year averageRs 10.00
Dividends
Dividend payout13.35%
Dividend payout, 3-year average13.35%
Dividend payout, 5-year average13.35%
Efficiency
Asset turnover0.01x
Fixed asset turnover5.35x
Creditor days72 days
Cash conversion cycle0 days
Working capital days80 days
Leverage
Total debtRs 0 Cr
Cash and bankRs 569 Cr
Net debtRs -569 Cr
Debt to equity0.00x
Net debt / EBITDA-1.09x
Owners' fund to total sources90.90%
Debt to assets0.00%
Cash flow
Cash from Operating Activity (latest year)Rs 33 Cr
Cash from Investing Activity (latest year)Rs 59 Cr
Cash from Financing Activity (latest year)Rs -0 Cr
Net Cash Flow (latest year)Rs 92 Cr
Free cash flow (latest year)Rs 33 Cr
Cash from ops / profit, 5 years0.05x
Sales to cash flow2.32x
Statement figures
Net sales (TTM)Rs 78 Cr
Net sales (latest year)Rs 76 Cr
Sales (latest quarter)Rs 11 Cr
Operating profit excl. other income (latest year)Rs 64 Cr
Operating profit (latest quarter)Rs 10 Cr
Other income (TTM)Rs 453 Cr
EBITDA (TTM)Rs 520 Cr
PBDT (TTM)Rs 520 Cr
Profit before tax (TTM)Rs 519 Cr
Tax (latest year)Rs 93 Cr
Net profit (TTM)Rs 390 Cr
Net profit (latest year)Rs 282 Cr
Net profit (latest quarter)Rs 146 Cr
Depreciation (TTM)Rs 0 Cr
Depreciation (latest quarter)Rs 0 Cr
Cost of goods sold (latest year)Rs 0 Cr
Total expenditure (latest year)Rs 12 Cr
Total income (latest year)Rs 388 Cr
Share capitalRs 19 Cr
ReservesRs 8,520 Cr
Shareholders' fundsRs 8,539 Cr
Total assetsRs 9,394 Cr
Net blockRs 14 Cr
InvestmentsRs 8,764 Cr
Other liabilitiesRs 855 Cr
Shares outstanding (crore)3.77
Ownership
Promoter holding74.13% (+0.00 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
P/E 4.2 is at the 5th percentile of its own 9.4-year range (median 6.9, low 3.4, high 22.9).
P/B 0.19 is at the 1th percentile (median 0.40).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
PeriodBFINVESTNifty 50Difference
1 week-2.5%-2.8% +0.3 pts
1 month-3.5%-6.8% +3.3 pts
3 months-4.9%-7.6% +2.7 pts
6 months+34.9%+0.4% +34.5 pts
1 year-9.3%-9.9% +0.6 pts
2 years-33.8%-13.6% -20.3 pts
3 years-16.9%+14.2% -31.1 pts
5 years+20.5%+27.9% -7.4 pts

Red flags

F-score 4 of 8
explainWeak cash conversion Cash from operations was 7% of net profit over the last 3 years
lookProfit leans on other income Other income was 83% of pre-tax profit in 2026
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Latest quarter

Jun 2026
Sales ₹11 Cr +22.2% vs Jun 2025. Net profit ₹146 Cr +284.2%.

Activity

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No bulk or block deals on record.
Ex-dateActionFactor
2026-07-03Dividend - Rs 10 Per Share
2024-07-30Annual General Meeting
2023-09-25Annual General Meeting
2022-09-26Annual General Meeting
2021-09-28 Annual General Meeting
2020-09-28 Annual General Meeting
2019-09-23 Annual General Meeting
2018-08-30 Annual General Meeting
2017-08-03 Annual General Meeting
2016-09-28 Annual General Meeting
2015-09-16 Annual General Meeting
2014-09-12Annual General Meeting
2013-07-22Annual General Meeting
2011-08-10Annual General Meeting
DateTypeWhat it says
2026-08-14Board meeting outcomeBF Investment Limited has submitted to the Exchange, the Unaudited financial results ( Standalone and consolidated ) for the period ended Jun 30, 202...
2026-07-30Shareholder meetingProceedings of Annual General Meeting held on July 30, 2026
2026-07-14Volume querySignificant increase in volume has been observed in BF Investment Limited. The Exchange, in order to ensure that investors have latest relevant inform...
2026-07-10Volume querySignificant increase in volume has been observed in BF Investment Limited. The Exchange, in order to ensure that investors have latest relevant inform...
2026-07-09Reply to Clarification- FinaThe Exchange had sought clarification from BF Investment Limited for the quarter ended 31-Mar-2026 with respect to Regulation 33 of the SEBI (Listing ...
2026-07-07Shareholder meetingNotice of Annual General Meeting to be held on July 30, 2026
2026-06-25Clarification - Financial ReThe Exchange has sought clarification from BF Investment Limited for the quarter ended 31-Mar-2026 with respect to Regulation 33 of the SEBI (Listing ...
2026-06-24General UpdatesCommunication to shareholders on TDS for Final Dividend
2026-06-24Record DateRecord date for the purpose of Final Dividend for FY 2025-26 is 03-Jul-2026.
2026-05-29General UpdatesComments of Board on Non-Compliance.
2026-05-29Change in ManagementChange in Management
2026-05-29DividendBoard of Directors at its meeting held on May 29, 2026, recommended Final Dividend of Rs. 10 per equity share.
2026-05-29Board meeting outcomeBF Investment Limited has submitted to the Exchange, the Audited financial results ( (Standalone and consolidated )for the period ended March 31, 2026...
2026-05-28General UpdatesIntimation of Fine levied by stock exchanges which was duly paid by the Company.
2026-05-07Change in ManagementChange in Management
2026-05-07Shareholder meetingVoting results.
2026-05-06Shareholder meetingSummary of Proceedings of Postal Ballot Notice dated 17th March 2026
2026-05-06Disclosure under SEBI TakeovB. N. Kalyani has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acq...
2026-04-03Shareholder meetingNotice of Postal Ballot for appointment of Mrs. Mugdha Rajesh Vartak ( DIN: 11613408) as Non-Executive, Independent Director of the Company.
2026-03-25General UpdatesDisclosure received from Ajinkya Investment And Trading Company and Sundaram Trading and Investment Pvt Ltd (Acquirers) and KSL Holdings Pvt Ltd (Sell...
2026-03-25General UpdatesDisclosure received from KSL Holdings Pvt Ltd (Seller) pursuant to Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulati...
2026-03-25General UpdatesDisclosures received from Ajinkya Investment And Trading Company and Sundaram Trading and Investment Pvt Ltd( Acquirers) pursuant to Regulation 29(2) ...
2026-03-25General UpdatesDisclosure received pursuant to Regulation 10(6) of SEBI (SAST) Regulations, 2011 as submitted by Acquirers post acquisition of shares by way of inter...
2026-03-25Disclosure under SEBI TakeovAjinkya Investment & Trading Company and Sundaram Trading And Investment Pvt Ltd has submitted to the Exchange a copy of Disclosures under Regulation ...
2026-03-17Director changeChange in Director(s) of the company.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Not on any NSE surveillance list in the latest file.

Quick answers

What is the market cap of BF Investment Ltd?

BF Investment Ltd (BFINVEST) has a market capitalisation of Rs 1,640 Cr. at the 2026-10-01 close.

What is the P/E ratio of BF Investment Ltd?

BF Investment Ltd trades at a P/E of 4.21 on trailing twelve-month profit, at the 2026-10-01 close.

What were BF Investment Ltd's latest quarterly results?

In the Jun 2026 quarter, BF Investment Ltd sales was Rs 11 Cr (+22.2% vs Jun 2025) and net profit was Rs 146 Cr.

What is the 52-week high and low of BF Investment Ltd?

The 52-week high is Rs 584.70 and the 52-week low is Rs 315.00.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03