BANKA
Banka BioLoo financials
- Market cap
- ₹85 Cr
- Sector
- Construction
What Banka BioLoo Limited does
Banka BioLoo designs, builds and operates decentralised sanitation and wastewater infrastructure under two verticals: Banka Rail, which supplies and maintains bio-digester toilets, quick-watering systems and coach-upgradation works for Indian Railways under AMC/POH contracts; and Banka WaSH, which delivers EPC, O&M, BOOT and Hybrid Annuity Model projects for urban water recycling, sewage treatment plants (STPs) and faecal sludge treatment plants (FSTPs) for developers, municipalities and institutions. It also runs an UrbanSaaS (sewage-as-a-service) model that operates and monitors STPs on long-term annuity contracts, and has DRDO and CSR-linked deployments of its bio-toilet technology.
Segments
- Banka Rail
- Banka WaSH
- UrbanSaaS (Megaliter Varunaa)
- Bio-toilets deployed
- 25,000+ units
- Railway sanitation systems serviced
- 25,000+ systems daily
- Geographic presence
- 7 Indian Railways zones; active across 26 states
- Used water treated (cumulative)
- >4 BLD
- Faecal sludge treated (cumulative)
- >12 MLD
- Employees on roll
- 650+
Quarterly results
Q1 FY27: revenue up 30.3%, net profit up 164.3% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 14 | 14 | 14 | 13 | 13 −8% | 16 +12% | 18 +28% | 16 +30% |
| EBITDA | 2 | -0 | -1 | -0 | -0 −129% | 1 +291% | 3 +555% | 1 +14800% |
| Net profit | -7 | -1 | -2 | 0 | -1 +83% | -0 +85% | 2 +191% | 0 +164% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Performance −3.3% 1Y
1Y: ₹84.53 on 10 Sept 2025 → ₹81.78. High ₹94.69 (2 Jul 2026), low ₹41.97 (30 Mar 2026).
Financials, as filed
Revenue grew 9.4% a year over 2 years, FY24 to FY26. Operating margin narrowed to 5.2%.
| Year ending | FY24 | FY25 | FY26 |
|---|---|---|---|
| Revenue | ₹50 Cr | ₹55 Cr | ₹60 Cr |
| Operating profit | ₹3 Cr | ₹2 Cr | ₹3 Cr |
| Operating margin | 6.8% | 3.5% | 5.2% |
| Interest | ₹2 Cr | ₹3 Cr | ₹3 Cr |
| Depreciation | ₹2 Cr | ₹2 Cr | ₹2 Cr |
| Net profit | ₹0 Cr | ₹-9 Cr | ₹0 Cr |
| Net margin | 0.6% | -16.9% | 0.7% |
| Cash from operations | ₹5 Cr | ₹1 Cr | ₹3 Cr |
| Free cash flow | ₹-3 Cr | ₹-1 Cr | ₹1 Cr |
| ROCE | 4.2% | 0.9% | 4.6% |
How to read this
From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.
Balance sheet
| Year ending | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Equity capital | ₹10 Cr | ₹11 Cr | ₹11 Cr | ₹11 Cr | ₹11 Cr | ₹11 Cr |
| Reserves | ₹20 Cr | ₹27 Cr | ₹30 Cr | ₹30 Cr | ₹20 Cr | ₹23 Cr |
| Borrowings | ₹12 Cr | ₹16 Cr | ₹15 Cr | ₹20 Cr | ₹32 Cr | ₹24 Cr |
| Other liabilities | ₹5 Cr | ₹6 Cr | ₹7 Cr | ₹9 Cr | ₹17 Cr | ₹17 Cr |
| Total liabilities | ₹46 Cr | ₹60 Cr | ₹63 Cr | ₹71 Cr | ₹80 Cr | ₹74 Cr |
| Fixed assets | ₹5 Cr | ₹6 Cr | ₹10 Cr | ₹11 Cr | ₹25 Cr | ₹18 Cr |
| Capital work in progress | ₹0 Cr | ₹2 Cr | ₹1 Cr | ₹7 Cr | ₹0 Cr | ₹0 Cr |
| Investments | ₹0 Cr | ₹4 Cr | ₹5 Cr | ₹5 Cr | ₹0 Cr | ₹1 Cr |
| Other assets | ₹41 Cr | ₹47 Cr | ₹46 Cr | ₹48 Cr | ₹55 Cr | ₹55 Cr |
| Total assets | ₹46 Cr | ₹60 Cr | ₹63 Cr | ₹71 Cr | ₹80 Cr | ₹74 Cr |
How to read this
As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Who owns it
As disclosed at Jun 2026
Since Jun 2025, promoters trimmed −0.36 pp while the public added +0.36 pp. The shareholder count shrank 18% to 4,929.
- Promoters
- 52.0%
- Public
- 48.0%
Since Jun 2025
- Promoters −0.36 pp
- Public +0.36 pp
- FIIs 0.00 pp
How it drifted, 12 quarters
Over this window promoters fell from 55.9% to 52.0% — −3.9 pp.
Ownership split by quarter, oldest first. Sep '23: Promoters 55.9%, Public 44.1%.Dec '23: Promoters 53.2%, Public 46.8%.Mar '24: Promoters 52.7%, FIIs 0.0%, Public 47.3%.Jun '24: Promoters 52.7%, Public 47.3%.Sep '24: Promoters 52.6%, Public 47.4%.Dec '24: Promoters 52.6%, Public 47.4%.Mar '25: Promoters 52.4%, Public 47.6%.Jun '25: Promoters 52.4%, Public 47.6%.Sep '25: Promoters 52.2%, Public 47.8%.Dec '25: Promoters 52.2%, Public 47.8%.Mar '26: Promoters 52.1%, Public 47.9%.Jun '26: Promoters 52.0%, Public 48.0%.
Who bought this quarter
since Mar 2026
Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.
- Pratima Suresh Shah +1.58 pp 5.03% held
- Suresh Ramniklal Shah +0.81 pp 4.56% held
- Himanshu Suresh Shah +0.71 pp 4.18% held
- Key Managerial Personnel newly disclosed 0.10% held
The same filing shows 0 holders trimming and 0 off the list — both are in the register beside this.
Who is on the register
Named in the Jun 2026 filing
Every holder of Banka BioLoo Limited above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Namita Sanjay Banka | 29.86% | unchanged |
| Sanjay Banka | 11.01% | unchanged |
| Vishal Murarka | 10.64% | unchanged |
| Pratima Suresh Shah | 5.03% | +1.58 pp |
| Suresh Ramniklal Shah | 4.56% | +0.81 pp |
| Himanshu Suresh Shah | 4.18% | +0.71 pp |
| Akhilesh Kumar Tripathi | 3.68% | unchanged |
| Abhishek Rajnikant Sheth | 1.86% | unchanged |
| Debashish Neogi | 1.46% | unchanged |
| Ketan Dhiraj Kapasi | 1.05% | unchanged |
| Sidhidata Power Private Limited | 1.01% | unchanged |
| Vineet Satyanarayan Murarka | 0.46% | unchanged |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
Learn to analyse Banka BioLoo Limited
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