BFINVEST
BF Investment share price & financials
- Price
- ₹473.7
- Market cap
- ₹1.7k Cr
- Sector
- Financial Services
What BF Investment Limited does
BF Investment Limited is a Pune-headquartered investment company listed on the NSE and BSE. It is chaired by Mr. A. B. Kalyani, who also holds Board positions at other Kalyani Group listed entities (Bharat Forge Ltd, Kalyani Steels Ltd, BF Utilities Ltd and Kalyani Investment Company Ltd), reflecting the company's affiliation with the Kalyani (Bharat Forge) Group. As an investment company, its core activity is holding and managing a portfolio of investments, with day-to-day operations led by its CEO & CFO.
- Board of Directors
- 6 members, including 3 Independent Directors
- Stock exchange listings
- NSE (BFINVEST) and BSE (Scrip 533303)
Quarterly results
Q1 FY27: revenue up 19.6%, net profit up 5.9% 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 | 74 | 9 | 45 | 9 | 64 −14% | 10 +9% | 123 +171% | 11 +20% |
| EBITDA | 73 | 9 | 40 | 8 | 61 −16% | 9 +2% | 116 +187% | 10 +27% |
| Net profit | 49 | 6 | 31 | 7 | 46 −7% | 6 +4% | 87 +183% | 8 +6% |
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 −3.6% 1Y
1Y: ₹464.85 on 10 Sept 2025 → ₹448.3. High ₹535.25 (13 Jul 2026), low ₹317.7 (30 Mar 2026).
Financials, as filed
Revenue grew 59.2% a year over 3 years, FY23 to FY26. Operating margin widened to 94.0%.
| Year ending | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| Revenue | ₹51 Cr | ₹118 Cr | ₹136 Cr | ₹206 Cr |
| Operating profit | ₹46 Cr | ₹111 Cr | ₹129 Cr | ₹194 Cr |
| Operating margin | 90.2% | 94.7% | 94.7% | 94.0% |
| Interest | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Depreciation | ₹0 Cr | ₹1 Cr | ₹0 Cr | ₹0 Cr |
| Net profit | ₹162 Cr | ₹84 Cr | ₹92 Cr | ₹147 Cr |
| Net margin | 317.6% | 71.1% | 68.0% | 71.2% |
| Cash from operations | ₹63 Cr | ₹84 Cr | ₹95 Cr | ₹162 Cr |
| Free cash flow | ₹63 Cr | ₹84 Cr | ₹95 Cr | ₹162 Cr |
| ROCE | 4.0% | 5.0% | 4.0% | 6.0% |
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 | ₹19 Cr | ₹19 Cr | ₹19 Cr | ₹19 Cr | ₹19 Cr | ₹19 Cr |
| Reserves | ₹1.5k Cr | ₹1.9k Cr | ₹2.1k Cr | ₹2.8k Cr | ₹7.1k Cr | ₹3.7k Cr |
| Borrowings | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Other liabilities | ₹1 Cr | ₹2 Cr | ₹3 Cr | ₹77 Cr | ₹715 Cr | ₹260 Cr |
| Total liabilities | ₹1.6k Cr | ₹2.0k Cr | ₹2.1k Cr | ₹2.9k Cr | ₹7.8k Cr | ₹3.9k Cr |
| Fixed assets | ₹15 Cr | ₹16 Cr | ₹15 Cr | ₹15 Cr | ₹14 Cr | ₹14 Cr |
| Capital work in progress | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Investments | ₹1.4k Cr | ₹1.7k Cr | ₹1.9k Cr | ₹2.5k Cr | ₹7.3k Cr | ₹3.3k Cr |
| Other assets | ₹160 Cr | ₹201 Cr | ₹258 Cr | ₹340 Cr | ₹513 Cr | ₹645 Cr |
| Total assets | ₹1.6k Cr | ₹2.0k Cr | ₹2.1k Cr | ₹2.9k Cr | ₹7.8k Cr | ₹3.9k 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, DIIs added +0.12 pp while the public trimmed −0.10 pp. The shareholder count shrank 8% to 27,271.
- Promoters
- 74.1%
- FIIs
- 0.7%
- DIIs
- 0.1%
- Public
- 25.0%
Since Jun 2025
- DIIs +0.12 pp
- Public −0.10 pp
- FIIs −0.05 pp
How it drifted, 12 quarters
Over this window the public went from 24.0% to 25.0% — +1.0 pp.
Ownership split by quarter, oldest first. Sep '23: Promoters 74.1%, FIIs 1.4%, DIIs 0.4%, Public 24.0%.Dec '23: Promoters 74.1%, FIIs 1.5%, DIIs 0.4%, Public 23.9%.Mar '24: Promoters 74.1%, FIIs 1.6%, DIIs 0.0%, Public 24.3%.Jun '24: Promoters 74.1%, FIIs 1.7%, DIIs 0.0%, Public 24.1%.Sep '24: Promoters 74.1%, FIIs 0.8%, DIIs 0.0%, Public 25.1%.Dec '24: Promoters 74.1%, FIIs 0.8%, DIIs 0.2%, Public 24.9%.Mar '25: Promoters 74.1%, FIIs 0.7%, DIIs 0.2%, Public 24.9%.Jun '25: Promoters 74.1%, FIIs 0.8%, DIIs 0.0%, Public 25.1%.Sep '25: Promoters 74.1%, FIIs 0.7%, DIIs 0.3%, Public 24.9%.Dec '25: Promoters 74.1%, FIIs 0.7%, DIIs 0.1%, Public 25.1%.Mar '26: Promoters 74.1%, FIIs 0.7%, DIIs 0.1%, Public 25.1%.Jun '26: Promoters 74.1%, FIIs 0.7%, DIIs 0.1%, Public 25.0%.
Who is on the register
Named in the Jun 2026 filing
Every holder of BF Investment Limited above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Ajinkya Investment And Trading Company | 34.10% | unchanged |
| Sundaram Trading And Investment Pvt Ltd | 32.64% | unchanged |
| Krutadnya Management And Trading Services LLP | 4.16% | unchanged |
| Pih Finvest Company Limited | 3.78% | unchanged |
| Vijay Balkrishna Pusalkar | 2.67% | unchanged |
| Poonawalla Aviation Pvt.Ltd | 1.26% | −0.37 pp |
| Jannhavi Investment Pvt. Ltd. | 1.22% | unchanged |
| Rajgad Trading Company Pvt.Ltd. | 0.40% | unchanged |
| Kalyani Consultants Pvt.Ltd. | 0.40% | unchanged |
| Kalyani Exports & Investments Pvt.Ltd. | 0.39% | unchanged |
| Aboli Investment Pvt Ltd. | 0.36% | unchanged |
| Dandakaranya Investment And Trading Pvt.Ltd. | 0.25% | 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 BF Investment Limited
Guides on how to read this kind of business and the numbers that matter.