BGRENERGY
BGR Energy Systems share price & financials
- Price
- ₹293.5
- Market cap
- ₹1.7k Cr
- Sector
- Construction
What BGR Energy Systems Limited does
BGR Energy Systems is an engineering, procurement and construction (EPC) contractor that executes Balance of Plant (BOP) and Lump-Sum Turnkey (LSTK) contracts for infrastructure and core-sector projects. It also manufactures high-technology equipment and systems supplied to the power, oil, gas and other process industries. The company earns by winning and executing large capital projects and equipment-supply contracts for industrial and utility clients rather than selling to end consumers. Its principal historical end-market has been thermal power generation projects.
Segments
- EPC / BOP / LSTK Contracting
- Equipment Manufacturing
- Manufacturing facility
- Pannamgadu Industrial Estate, Sullurpet, Nellore district, Andhra Pradesh (registered office cum works)
- Corporate office
- Anna Salai, Teynampet, Chennai, Tamil Nadu
- Primary end-market
- Thermal power EPC/BOP projects, alongside oil, gas and process industries
Quarterly results
Q1 FY27: revenue down 82.0%, net profit up 16.2% 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 | 83 | 66 | 130 | 89 | 83 +0% | 78 +18% | 50 −62% | 16 −82% |
| EBITDA | -69 | -192 | -302 | -105 | -56 +19% | -187 +3% | -234 +23% | -102 +3% |
| Net profit | -193 | -336 | -332 | -266 | -63 +67% | -193 +43% | -771 −132% | -223 +16% |
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 +6.5% 1Y
1Y: ₹218.58 on 10 Sept 2025 → ₹232.78. High ₹467.43 (23 Oct 2025), low ₹218.58 (10 Sept 2025).
Financials, as filed
Revenue fell 28.1% a year over 3 years, FY23 to FY26. Operating margin narrowed to -194.0%.
| Year ending | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| Revenue | ₹807 Cr | ₹1.0k Cr | ₹453 Cr | ₹300 Cr |
| Operating profit | ₹-279 Cr | ₹-338 Cr | ₹-566 Cr | ₹-582 Cr |
| Operating margin | -34.6% | -33.4% | -124.9% | -194.0% |
| Interest | ₹399 Cr | ₹445 Cr | ₹600 Cr | ₹825 Cr |
| Depreciation | ₹17 Cr | ₹13 Cr | ₹13 Cr | ₹12 Cr |
| Net profit | ₹-488 Cr | ₹-761 Cr | ₹-973 Cr | ₹-1.3k Cr |
| Net margin | -60.5% | -75.2% | -214.8% | -431.0% |
| Cash from operations | ₹304 Cr | ₹150 Cr | ₹-1.9k Cr | ₹-23 Cr |
| Free cash flow | ₹302 Cr | ₹151 Cr | ₹-1.9k Cr | ₹-23 Cr |
| ROCE | -11.0% | -15.0% | -25.0% | -27.0% |
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 | ₹72 Cr | ₹72 Cr | ₹72 Cr | ₹72 Cr | ₹72 Cr | ₹72 Cr |
| Reserves | ₹698 Cr | ₹505 Cr | ₹20 Cr | ₹-733 Cr | ₹-2.0k Cr | ₹-2.9k Cr |
| Borrowings | ₹1.9k Cr | ₹1.9k Cr | ₹1.8k Cr | ₹1.8k Cr | ₹4.0k Cr | ₹4.5k Cr |
| Other liabilities | ₹2.7k Cr | ₹2.9k Cr | ₹3.0k Cr | ₹3.2k Cr | ₹2.4k Cr | ₹2.6k Cr |
| Total liabilities | ₹5.4k Cr | ₹5.4k Cr | ₹5.0k Cr | ₹4.4k Cr | ₹4.5k Cr | ₹4.3k Cr |
| Fixed assets | ₹370 Cr | ₹336 Cr | ₹324 Cr | ₹300 Cr | ₹287 Cr | ₹258 Cr |
| Capital work in progress | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Investments | ₹1 Cr | ₹1 Cr | ₹1 Cr | ₹2 Cr | ₹1 Cr | ₹0 Cr |
| Other assets | ₹5.0k Cr | ₹5.0k Cr | ₹4.6k Cr | ₹4.1k Cr | ₹4.2k Cr | ₹4.1k Cr |
| Total assets | ₹5.4k Cr | ₹5.4k Cr | ₹5.0k Cr | ₹4.4k Cr | ₹4.5k Cr | ₹4.3k 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 trimmed −0.14 pp while the public added +0.12 pp. The shareholder count shrank 8% to 67,585.
- Promoters
- 51.0%
- FIIs
- 0.0%
- Public
- 49.0%
Since Jun 2025
- DIIs −0.14 pp
- Public +0.12 pp
- Promoters 0.00 pp
How it drifted, 12 quarters
Over this window the public went from 24.7% to 49.0% — +24.3 pp.
Ownership split by quarter, oldest first. Sep '23: Promoters 75.0%, FIIs 0.0%, DIIs 0.3%, Public 24.7%.Dec '23: Promoters 75.0%, FIIs 0.0%, DIIs 0.3%, Public 24.7%.Mar '24: Promoters 51.0%, FIIs 0.1%, DIIs 0.3%, Public 48.7%.Jun '24: Promoters 51.0%, FIIs 0.2%, DIIs 0.3%, Public 48.6%.Sep '24: Promoters 51.0%, FIIs 0.1%, DIIs 0.3%, Public 48.6%.Dec '24: Promoters 51.0%, DIIs 0.3%, Public 48.7%.Mar '25: Promoters 51.0%, FIIs 0.0%, DIIs 0.1%, Public 48.8%.Jun '25: Promoters 51.0%, FIIs 0.0%, DIIs 0.1%, Public 48.9%.Sep '25: Promoters 51.0%, FIIs 0.1%, Public 48.9%.Dec '25: Promoters 51.0%, FIIs 0.1%, Public 49.0%.Mar '26: Promoters 51.0%, FIIs 0.1%, Public 48.9%.Jun '26: Promoters 51.0%, FIIs 0.0%, Public 49.0%.
Who is on the register
Named in the Jun 2026 filing
Every holder of BGR Energy Systems Limited above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| BGR Investment Holdings Company Limited | 51.00% | unchanged |
| Spt Investmment Advisory Service PVT LTD | 1.31% | unchanged |
| Sasikala Raghupathy | 0.00% | unchanged |
| Arjun Govind Raghupathy | 0.00% | unchanged |
| S K Sridhar | 0.00% | 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 BGR Energy Systems Limited
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