Bharat Global Developers
BHARATGLOBALDEVELOPERSLTD NSE
Bharat Global Developers
Information TechnologyNSE: BHARATGLOBALDEVELOPERSLTD BSE: 521238 IT - Hardware
Key Fundamentals
MicrocapIT - HardwareInformation TechnologyMarket Cap
₹1,419 Cr
Volatility
Moderate
P/E Ratio
-490
EBITDA
₹-1.07 Cr
Return on Equity
8.42%
Debt to Equity
0.43
Book Value
₹18.79
52W High
₹340.3
52W Low
₹78.2
Tapetide Score
Data-driven rating, 0–100. How it works →
Key Insights
Weaknesses
6- Stock is trading at 7.46 times its book value
- Company has low interest coverage ratio.
- Company has a low return on equity of 4.97% over last 3 years.
- Company might be capitalizing the interest cost
- Company has high debtors of 4,831 days.
- Working capital days have increased from 1,352 days to 2,589 days
Growth Rate
Revenue Growth
-96.18% lower than
3Y
Net Income Growth
-101% higher than
3Y
Cash Flow Change
-62.26%
ROE
155% higher than
3Y
ROCE
145%
EBITDA Margin (Avg.)
-224% lower than
3Y
Quarterly Results
| Particulars | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 0 | 0 | 1.05 | 24.71 | 54.05 | 216 | 276 | 122 | 19.94 | 6.16 | 0 | 0 | 0 |
| Expenses | 0.01 | 0.01 | 0.41 | 20.68 | 50.62 | 216 | 274 | 122 | 19.06 | 5.9 | 0.37 | 1.84 | 1.09 |
| Operating Profit | -0.01 | -0.01 | 0.64 | 4.03 | 3.43 | 0.11 | 1.7 | 0.34 | 0.88 | 0.26 | -0.37 | -1.84 | -1.09 |
| OPM % | — | — | 60.95% | 16.31% | 6.35% | 0.05% | 0.62% | 0.28% | 4.41% | 4.22% | — | — | — |
| Other Income | 0.01 | 0.01 | 0 | 0 | 0 | 13.54 | 0.24 | 2.39 | 1.08 | 0 | 0 | 0.56 | 0 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0.01 | 0.01 | 0.07 | 0.08 | 0.07 | 0.02 | 0.02 | 0.02 | 0.03 |
| PBT | 0 | 0 | 0.64 | 4.03 | 3.42 | 13.64 | 1.87 | 2.65 | 1.89 | 0.24 | -0.39 | -1.3 | -1.12 |
| Tax % | — | — | 25% | 33.25% | 26.02% | 25.88% | 25.67% | 24.91% | 24.87% | 29.17% | 0% | 0% | 0% |
| Net Profit | 0 | 0 | 0.48 | 2.69 | 2.54 | 10.11 | 1.39 | 1.99 | 1.43 | 0.17 | -0.38 | -1.3 | -1.12 |
| EPS in Rs | 0 | 0 | 8.58 | 0.28 | 0.26 | 1 | 0.14 | 0.2 | 0.14 | 0.02 | -0.04 | -0.13 | -0.11 |
Profit & Loss
| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 0.26 | 0.36 | 0.65 | 0.14 | 0.09 | 0.05 | 0.03 | 0.04 | 0 | 25.76 | 669 | 26.11 | 6.16 |
| Expenses | 0.25 | 0.35 | 0.64 | 0.13 | 0.08 | 0.05 | 0.02 | 0.04 | 0.04 | 21.11 | 661 | 27.19 | 9.2 |
| Operating Profit | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0 | 0.01 | 0 | -0.04 | 4.65 | 7.12 | -1.08 | -3.04 |
| OPM % | 3.85% | 2.78% | 1.54% | 7.14% | 11.11% | 0% | 33.33% | 0% | — | 18.05% | 1.06% | -4.14% | -49.35% |
| Other Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.04 | 0.02 | 14.64 | 1.09 | 0.56 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.01 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.16 | 0.12 | 0.09 |
| PBT | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0 | 0.01 | 0 | 0 | 4.67 | 21.59 | -0.11 | -2.57 |
| Tax % | 0% | 0% | 0% | 0% | 0% | — | 0% | — | — | 28.69% | 25.75% | 18.18% | — |
| Net Profit | 0.01 | 0 | 0.01 | 0.01 | 0.01 | 0 | 0.01 | 0 | 0 | 3.33 | 16.03 | -0.12 | -2.63 |
| EPS in Rs | 0.18 | 0 | 0.18 | 0.18 | 0.18 | 0 | 0.18 | 0 | 0 | 0.34 | 1.58 | -0.01 | -0.26 |
| Div. Payout % | 0% | — | 0% | 0% | 0% | — | 0% | — | — | 0% | 0% | 0% | — |
Balance Sheet
| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 0.56 | 0.56 | 0.56 | 0.56 | 0.56 | 0.56 | 0.56 | 0.56 | 0.56 | 97.76 | 101 | 101 |
| Reserves | -0.06 | -0.06 | -0.08 | -0.07 | -0.06 | -0.06 | -0.06 | -0.05 | -0.05 | 3.28 | 89.08 | 89 |
| Borrowings | 0 | 4.49 | 4.81 | 4.08 | 4.04 | 4.04 | 4.03 | 4.03 | 4.03 | 3.71 | 87.57 | 81.41 |
| Other Liabilities | 5.48 | 1.65 | 1.03 | 0.89 | 0.57 | 0.61 | 0.54 | 0.53 | 0.53 | 60.73 | 234 | 220 |
| Total Liabilities | 5.98 | 6.64 | 6.32 | 5.46 | 5.11 | 5.15 | 5.07 | 5.07 | 5.07 | 165 | 512 | 492 |
| Fixed Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.03 | 0.76 | 0.07 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 4.19 | 4.19 | 4.19 | 4.19 | 4.19 | 4.19 | 4.19 | 4.19 | 4.19 | 4.19 | 4.19 | 4.19 |
| Other Assets | 1.79 | 2.45 | 2.13 | 1.27 | 0.92 | 0.96 | 0.88 | 0.88 | 0.88 | 161 | 507 | 488 |
| Total Assets | 5.98 | 6.64 | 6.32 | 5.46 | 5.11 | 5.15 | 5.07 | 5.07 | 5.07 | 165 | 512 | 492 |
Cash Flow
| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating | 0.01 | -4.43 | -0.51 | 0.75 | 0.02 | -0.01 | 0.01 | -0.04 | -0.02 | -96.4 | -156 | 5.9 |
| Investing | 0 | 0 | 0.08 | 0 | 0 | 0 | 0 | 0.04 | 0 | -0.04 | -0.89 | 0.57 |
| Financing | 0 | 4.49 | 0.32 | -0.73 | -0.04 | 0 | -0.01 | 0 | 0 | 96.88 | 157 | -6.16 |
| Net Cash Flow | 0.01 | 0.06 | -0.1 | 0.02 | -0.02 | -0.01 | 0 | 0 | -0.02 | 0.44 | 0.05 | 0.31 |
| Free Cash Flow | 0.01 | -4.43 | -0.51 | 0.75 | 0.02 | -0.01 | 0.01 | -0.04 | -0.02 | -96.44 | -157 | 6.47 |
| CFO/OP | 100 | -44,300 | -5,100 | 7,500 | 200 | — | 100 | — | 50 | -2,044 | -2,116 | -546 |
Ratios
| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 14.04 | 91.25 | 0 | 183 | 284 | 949 | 852 | 639 | — | 351 | 191 | 4,831 |
| Inventory Days | 0 | 0 | 0 | 0 | — | — | — | — | — | 2,497 | 7.28 | 189 |
| Days Payable | — | — | — | — | — | — | — | — | — | 1,094 | 98.3 | 2,576 |
| Cash Conversion Cycle | 14.04 | 91.25 | 0 | 183 | 284 | 949 | 852 | 639 | — | 1,754 | 100 | 2,444 |
| Working Capital Days | -7,637 | -1,551 | -3,279 | -12,801 | -18,412 | -32,923 | -54,628 | -41,063 | — | 1,366 | 101 | 2,589 |
| ROCE % | 2% | 0.36% | 0.19% | 0.2% | 0.22% | 0% | 0.22% | 0% | 0% | 8.55% | 11.29% | -0.04% |
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
Log in to view Bharat Global Developers insights
59 extracted metrics + investor summaries across FY10–FY26.
Documents
1
Clarification sought from Bharat Global Developers Ltd
2 Sep - Exchange has sought clarification from Bharat Global Developers Ltd on September 02, 2026, with reference to Movement in Price. 2 Sep - Exchange has sought clarification from Bharat Global Developers Ltd on September 02, 2026, with reference to Movement in Price.
2
Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A
27 Apr - Company confirms non-applicability of Large Corporate status; outstanding borrowing was Rs 81.40 crore as of 31 March 2026. 27 Apr - Company confirms non-applicability of Large Corporate status; outstanding borrowing was Rs 81.40 crore as of 31 March 2026.
3
Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A
14h - Company confirms non-applicability of Large Corporate status; outstanding borrowing was Rs 81.40 crore as of 31 March 2026. 14h - Company confirms non-applicability of Large Corporate status; outstanding borrowing was Rs 81.40 crore as of 31 March 2026.
4
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
15 Apr - Regulation 74(5) certificate for quarter ended March 31, 2026; dematerialisation confirmations submitted. 15 Apr - Regulation 74(5) certificate for quarter ended March 31, 2026; dematerialisation confirmations submitted.
5
Submission Of Revised Financial Results For The Quarter And Nine Months Ended On 31St December, 2025
15 Apr - Submitted revised unaudited results for quarter and nine months ended 31 December 2025. 15 Apr - Submitted revised unaudited results for quarter and nine months ended 31 December 2025.
Frequently Asked Questions about Bharat Global Developers
What does Bharat Global Developers Ltd do?
Incorporated in 1992, Bharat Global Developers Ltd facilitates global trade across diverse business sectors[1]
Where is Bharat Global Developers Ltd (521238) listed?
Bharat Global Developers Ltd trades as BHARATGLOBALDEVELOPERSLTD on the NSE and under code 521238 on the BSE.
Which sector does Bharat Global Developers Ltd belong to?
Bharat Global Developers Ltd is classified under the Information Technology sector, in the IT - Hardware industry.
What is the market capitalisation of Bharat Global Developers Ltd?
Bharat Global Developers Ltd has a market capitalisation of ₹1,419 Cr, which places it in the Small Cap band.
What is the PE ratio of Bharat Global Developers Ltd?
Bharat Global Developers Ltd trades at a PE ratio of -490.00, against a book value of ₹18.79 per share.
What is the 52-week high and low of Bharat Global Developers Ltd?
Over the last 52 weeks Bharat Global Developers Ltd has traded between ₹78.2 and ₹340.3.
What is the Return on Equity (ROE) of Bharat Global Developers Ltd?
Bharat Global Developers Ltd reported a return on equity of 8.42%. Its debt-to-equity ratio is 0.43.
Company Information
Incorporated in 1992, Bharat Global Developers Ltd facilitates global trade across diverse business sectors[1]
Website sequel-e-routersltd.com
Face Value ₹ 10
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