---
title: "Bronze Infra-Tech Ltd (176930) — Share Price, Financials & Analysis"
symbol: "176930"
company: "Bronze Infra-Tech Ltd"
canonical: "https://tapetide.com/stocks/176930"
sector: "Industrials"
industry: "Construction"
generated_at: "2026-09-13T19:44:49.172Z"
---

# Bronze Infra-Tech Ltd (176930)

Canonical page: https://tapetide.com/stocks/176930

## Company

- **Sector:** Industrials
- **Industry:** Construction
- **Macro Sector:** Industrials
- **Stock Type:** EQUITY
- **Listed Since:** 2012-11-07
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** bronzeinfra-tech.com

## About

Incorporated in 2004, Bronaze Infratech Limited is in the business of selling Musical Instrument, Land Development, Construction and execution of infrastructure projects.

## Latest Price

## Key Insights

### Strengths

- Stock is trading at 0.51 times its book value

### Weaknesses

- Company has a low return on equity of 7.46% over last 3 years.
- Company might be capitalizing the interest cost
- Company has high debtors of 243 days.

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| net income growth | 481% | 75% | 148% |
| revenue growth | 28% | — | 146% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Sep 2019 | Dec 2019 | Mar 2020 | Jun 2020 | Sep 2020 | Dec 2020 | Mar 2021 | Jun 2021 | Sep 2021 | Dec 2021 | Mar 2022 | Jun 2022 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 0 | 0 | 0 | 0 | 0 | 0 | 2.08 | 0.24 | 4.01 | 14.92 | 14.24 | -0.88 |
| Expenses | 0.07 | 0.03 | 5.12 | 0.02 | 0.03 | 0.02 | 1.99 | 0.23 | 3.93 | 14.6 | 14.42 | -0.81 |
| Operating Profit | -0.07 | -0.03 | -5.12 | -0.02 | -0.03 | -0.02 | 0.09 | 0.01 | 0.08 | 0.32 | -0.18 | -0.07 |
| OPM % | — | — | — | — | — | — | 4.33 | 4.17 | 2 | 2.14 | -1.26 | — |
| Other Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | -0.07 | -0.03 | -5.12 | -0.02 | -0.03 | -0.02 | 0.09 | 0.01 | 0.08 | 0.32 | -0.18 | -0.07 |
| Tax % | 0 | 0 | 0 | 0 | 0 | 0 | 11.11 | 0 | 0 | 0 | 0 | 0 |
| Net Profit | -0.07 | -0.03 | -5.12 | -0.02 | -0.03 | -0.02 | 0.08 | 0.01 | 0.08 | 0.32 | -0.18 | -0.07 |
| EPS in Rs | -0.04 | -0.02 | -2.96 | -0.01 | -0.02 | -0.01 | 0.05 | 0.01 | 0.05 | 0.19 | -0.1 | -0.04 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 1.85 | 2.08 | 1.52 | 0.56 | 0.48 | 0.02 | 0 | 2.08 | 33.4 | 42.84 |
| Expenses | 1.82 | 2.08 | 1.64 | 0.78 | 0.66 | 0.12 | 0.28 | 2.06 | 33.17 | 41.12 |
| Operating Profit | 0.03 | 0 | -0.12 | -0.22 | -0.18 | -0.1 | -0.28 | 0.02 | 0.23 | 1.72 |
| OPM % | 1.62 | 0 | -7.89 | -39.29 | -37.5 | -500 | — | 0.96 | 0.69 | 4.01 |
| Other Income | 0.02 | 0.02 | 0.19 | 0.07 | -1.56 | 0.04 | -4.93 | 0 | 0 | 0 |
| Interest | 0.01 | 0 | 0.01 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0.01 | 0.01 | 0.01 | 0 | 0 | 0 | 0 | 0 | 0.47 |
| Profit before tax | 0.04 | 0.01 | 0.05 | -0.16 | -1.74 | -0.06 | -5.21 | 0.02 | 0.23 | 1.25 |
| Tax % | 50 | 0 | 40 | 6.25 | 0 | 0 | 0 | 50 | 30.43 | 26.4 |
| Net Profit | 0.02 | 0.01 | 0.03 | -0.17 | -1.75 | -0.06 | -5.21 | 0.02 | 0.16 | 0.93 |
| EPS in Rs | 0.01 | 0.01 | 0.02 | -0.1 | -1.01 | -0.03 | -3.02 | 0.01 | 0.09 | 0.54 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 17.28 | 17.28 | 17.28 | 17.28 | 17.28 | 17.28 | 17.28 | 17.28 | 17.28 | 17.28 |
| Reserves | 8.29 | 8.29 | 8.33 | -5.55 | -7.29 | -7.35 | -12.57 | -12.55 | -12.39 | -11.46 |
| Borrowings | 0 | 0 | 0 | 0 | 0.35 | 0.35 | 0.25 | 0.25 | 2.87 | 3.29 |
| Other Liabilities | 2.56 | 0.92 | 0.92 | 0.91 | 0.78 | 0.75 | 0.59 | 3.01 | 39.62 | 45.07 |
| Total Liabilities | 28.13 | 26.49 | 26.53 | 12.64 | 11.12 | 11.03 | 5.55 | 7.99 | 47.38 | 54.18 |
| Fixed Assets | 0.01 | 0.03 | 0.03 | 0.02 | 0.02 | 0.01 | 0 | 0 | 0 | 4.05 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 24.71 | 21.93 | 18.91 | 5.05 | 5.02 | 5.01 | 0 | 0 | 0 | 0 |
| Other Assets | 3.41 | 4.53 | 7.59 | 7.57 | 6.08 | 6.01 | 5.55 | 7.99 | 47.38 | 50.13 |
| Total Assets | 28.13 | 26.49 | 26.53 | 12.64 | 11.12 | 11.03 | 5.55 | 7.99 | 47.38 | 54.18 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 2.37 | -2.36 | -3.59 | -0.11 | 2.18 | 2.27 | -5.48 | -0.02 | 14.02 | 3.42 |
| Cash from Investing Activity | -4.78 | 2.74 | 3.17 | 0.22 | -2.27 | -2.52 | 5.57 | 0 | -15.78 | -4.05 |
| Cash from Financing Activity | -0.01 | 0 | 0 | 0 | 0.1 | 0.1 | -0.09 | 0 | 2.62 | 0.42 |
| Net Cash Flow | -2.42 | 0.38 | -0.42 | 0.11 | 0.01 | -0.15 | 0 | -0.02 | 0.86 | -0.21 |
| Free Cash Flow | 2.37 | -2.4 | -3.6 | -0.11 | -0.39 | 2.27 | -5.47 | -0.02 | 14.02 | 3.42 |
| CFO/OP | 8200 | — | 2992 | 50 | -1222 | -2270 | 1957 | -50 | 6126 | 218 |

### Ratios

| Item | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 102.59 | 157.93 | 252.14 | 677.86 | 882.08 | 15147.5 | — | 668.58 | 282.27 | 243.42 |
| Inventory Days | 31.29 | 187.18 | 161.17 | 124.1 | 150.29 | — | 0 | 0 | 0 | 0 |
| Days Payable | 0 | 0 | 0 | 29.2 | 161.03 | — | — | — | — | — |
| Cash Conversion Cycle | 133.88 | 345.11 | 413.31 | 772.76 | 871.35 | 15147.5 | — | 668.58 | 282.27 | 243.42 |
| Working Capital Days | 118.38 | 521.18 | 1544.05 | 2965.62 | 2235.62 | 11315 | — | 161.44 | -141.41 | -132.66 |
| ROCE % | 0.2 | 0.04 | 0.23 | 0.11 | 0.18 | -0.58 | -3.67 | 0.4 | 3.61 | 14.82 |

## Shareholding Pattern

### annual

| Category | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 1.93% | 1.93% | 1.93% | 1.93% | 1.93% | 1.93% | 1.93% | 1.93% |
| DIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0.01% | 0.01% |
| Public | 98.07% | 98.07% | 98.07% | 98.07% | 98.07% | 98.07% | 98.05% | 98.05% |
| No. of Shareholders | 4854 | 4785 | 4714 | 4765 | 4811 | 8132 | 7786 | 7786 |

### Quarterly

| Category | Dec 2020 | Mar 2021 | Jun 2021 | Sep 2021 | Dec 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 1.93% | 1.93% | 1.93% | 1.93% | 1.93% | 1.93% | 1.93% | 1.93% | 1.93% | 1.93% | 1.93% | 1.93% |
| DIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% |
| Public | 98.07% | 98.07% | 98.07% | 98.07% | 98.07% | 98.07% | 98.07% | 98.06% | 98.07% | 98.05% | 98.05% | 98.05% |
| No. of Shareholders | 4789 | 4811 | 4960 | 5979 | 8031 | 8132 | 8132 | 7940 | 7860 | 7786 | 7786 | 7786 |

## Filings & Documents

### Annual Reports

| Date | Document |
| --- | --- |
| from bse | [Annual Report 2022 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/fb0116dc-b2f2-4f83-893b-16429dbbccf7.pdf) |
| from bse | [Annual Report 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/534731/71022534731.pdf) |
| from bse | [Annual Report 2020 from bse](https://www.bseindia.com/bseplus/AnnualReport/534731/66505534731_08_09_20.pdf) |
| from bse | [Annual Report 2019 from bse](https://www.bseindia.com/bseplus/AnnualReport/534731/5347310319.pdf) |
| from bse | [Annual Report 2018 from bse](https://www.bseindia.com/bseplus/AnnualReport/534731/5347310318.pdf) |
| from bse | [Annual Report 2017 from bse](https://www.bseindia.com/bseplus/AnnualReport/534731/5347310317.pdf) |
| from bse | [Annual Report 2016 from bse](https://www.bseindia.com/bseplus/AnnualReport/534731/5347310316.pdf) |
| from bse | [Annual Report 2015 from bse](https://www.bseindia.com/HIS_ANN_RPT/HISTANNR/2015/BRONZE_INFRA_TECH_LTD-534731-MARCH-2015.PDF) |
| from bse | [Annual Report 2014 from bse](https://www.bseindia.com/bseplus/AnnualReport/534731/5347310314.pdf) |
| from bse | [Annual Report 2013 from bse](https://www.bseindia.com/bseplus/AnnualReport/534731/5347310313.pdf) |

---

Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-09-13T19:44:49.172Z.