Balgopal Commercial
BALGOPALCOMMERCIALLTD NSE
Balgopal Commercial
Commercial ServicesNSE: BALGOPALCOMMERCIALLTD BSE: BALGOPAL Trading & Distributors
Key Fundamentals
MicrocapTrading & DistributorsCommercial ServicesMarket Cap
₹435 Cr
Volatility
Moderate
P/E Ratio
-80.9
EBITDA
₹-1.58 Cr
Return on Equity
11.12%
Debt to Equity
0.17
Book Value
₹25.21
EPS
₹9.35
52W High
₹272.95
52W Low
₹130
Tapetide Score
Data-driven rating, 0–100. How it works →
Key Insights
Strengths
1- Promoter holding has increased by 4.99% over last quarter.
Weaknesses
5- Stock is trading at 7.22 times its book value
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -67.3% over past five years.
- Company has a low return on equity of 0.12% over last 3 years.
- Working capital days have increased from 9,715 days to 22,448 days
Growth Rate
Revenue Growth
-99.77% lower than
3Y
Net Income Growth
-265% lower than
3Y
Cash Flow Change
-147%
ROE
-75.86% lower than
3Y
ROCE
-74.68%
EBITDA Margin (Avg.)
-78.25% 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 | 1 | 6.03 | 8.92 | 1.09 | 0.05 | 0.33 | 0.18 | 0 | 0 | 0 | 0.02 | 0 | 0 |
| Expenses | 0.97 | 4.62 | 7.69 | 1.39 | 0.22 | 0.24 | 0.45 | 0.36 | 0.3 | 0.12 | 0.5 | 0.5 | 0.61 |
| Operating Profit | 0.03 | 1.41 | 1.23 | -0.3 | -0.17 | 0.09 | -0.27 | -0.36 | -0.3 | -0.12 | -0.48 | -0.5 | -0.61 |
| OPM % | 3% | 23.38% | 13.79% | -27.52% | -340% | 27.27% | -150% | — | — | — | -2400% | — | — |
| Other Income | 2.07 | 2.74 | 2.74 | 4.23 | 4.69 | 7.93 | 0.17 | -4.65 | 2.34 | 0.03 | 0.84 | -12.2 | 6.82 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.09 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| PBT | 2.1 | 4.15 | 3.97 | 3.93 | 4.52 | 8.02 | -0.1 | -5.01 | 2.04 | -0.18 | 0.36 | -12.7 | 6.21 |
| Tax % | 23.33% | 0.72% | 6.8% | 5.09% | 14.16% | 11.35% | 170% | -12.57% | 17.65% | -11.11% | -61.11% | -12.52% | 14.17% |
| Net Profit | 1.61 | 4.11 | 3.7 | 3.74 | 3.88 | 7.1 | -0.27 | -4.38 | 1.68 | -0.16 | 0.59 | -11.11 | 5.32 |
| EPS in Rs | 0.98 | 2.49 | 2.24 | 2.27 | 2.35 | 4.3 | -0.16 | -2.3 | 0.88 | -0.08 | 0.31 | -5.31 | 2.29 |
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 | 3.81 | 2.6 | 4.57 | 14.8 | 16.4 | 9.61 | 5.36 | 8 | 8.19 | 17.05 | 0.56 | 0.02 | 0.02 |
| Expenses | 4.13 | 3 | 5.22 | 15.97 | 19.79 | 18.16 | 6.13 | 8.55 | 8 | 14.69 | 1.27 | 1.42 | 1.73 |
| Operating Profit | -0.32 | -0.4 | -0.65 | -1.17 | -3.39 | -8.55 | -0.77 | -0.55 | 0.19 | 2.36 | -0.71 | -1.4 | -1.71 |
| OPM % | -8.4% | -15.38% | -14.22% | -7.91% | -20.67% | -88.97% | -14.37% | -6.88% | 2.32% | 13.84% | -126.79% | -7000% | -8550% |
| Other Income | 0.4 | 0.45 | 0.7 | 0.82 | 1.29 | 1.57 | 7.52 | 0.92 | -0.05 | 11.79 | 8.14 | -8.99 | -4.51 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.1 | 0 | 0 | 0.09 | 0.09 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| PBT | 0.08 | 0.05 | 0.05 | -0.35 | -2.1 | -6.98 | 6.75 | 0.37 | 0.04 | 14.15 | 7.43 | -10.48 | -6.31 |
| Tax % | 25% | 40% | 20% | -8.57% | 6.19% | -8.17% | 14.52% | 18.92% | -350% | 7% | 14.67% | -14.03% | — |
| Net Profit | 0.06 | 0.03 | 0.05 | -0.32 | -2.24 | -6.42 | 5.77 | 0.3 | 0.17 | 13.17 | 6.34 | -9 | -5.36 |
| EPS in Rs | 0.04 | 0.02 | 0.03 | -0.19 | -1.36 | -3.89 | 3.49 | 0.18 | 0.1 | 7.98 | 3.34 | -4.3 | -2.79 |
| Div. Payout % | 0% | 0% | 0% | 0% | 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 | 16.51 | 16.51 | 16.51 | 16.51 | 16.51 | 16.51 | 16.51 | 16.51 | 16.51 | 16.51 | 19.01 | 20.91 |
| Reserves | 1.54 | 1.57 | 1.61 | 1.29 | -0.95 | -7.36 | -1.59 | -1.27 | -1.1 | 12.07 | 37.65 | 35.3 |
| Borrowings | 0 | 0 | 0 | 0 | 0 | 0 | 0.25 | 0 | 0 | 0 | 0 | 9.74 |
| Other Liabilities | 4.24 | 0.02 | 0.46 | 0.47 | 0.11 | 0.39 | 1.35 | 3.53 | 2.23 | 6.17 | 7.81 | 13.75 |
| Total Liabilities | 22.29 | 18.1 | 18.58 | 18.27 | 15.67 | 9.54 | 16.52 | 18.77 | 17.64 | 34.75 | 64.47 | 79.7 |
| Fixed Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.7 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 2.4 | 5.79 | 7.42 | 3.6 | 4.28 | 4.48 | 11.44 | 16.89 | 7.28 | 21.09 | 40.03 | 45.38 |
| Other Assets | 19.89 | 12.31 | 11.16 | 14.67 | 11.39 | 5.06 | 5.08 | 1.88 | 10.36 | 13.66 | 24.44 | 33.62 |
| Total Assets | 22.29 | 18.1 | 18.58 | 18.27 | 15.67 | 9.54 | 16.52 | 18.77 | 17.64 | 34.75 | 64.47 | 79.7 |
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 | 0.19 | -1.79 | 0.77 | -6.01 | 1.67 | 0.37 | 6.76 | 5.65 | -9.4 | 14.69 | -9.93 | -2.65 |
| Investing | 5.02 | -3.39 | -1.63 | 3.68 | 0.03 | -0.19 | -6.94 | -5.45 | 9.6 | -14.89 | -11.7 | -15.03 |
| Financing | -5.13 | 5.17 | 0.83 | 2.32 | -1.65 | -0.22 | 0.25 | -0.25 | 0 | 0 | 21.75 | 18.29 |
| Net Cash Flow | 0.08 | -0.01 | -0.04 | -0.02 | 0.06 | -0.04 | 0.07 | -0.05 | 0.2 | -0.19 | 0.13 | 0.61 |
| Free Cash Flow | 0.19 | -1.79 | 0.77 | -6.01 | 1.67 | 0.37 | 6.76 | 5.65 | -9.4 | 14.69 | -9.93 | -2.65 |
| CFO/OP | -59 | 442 | -120 | 514 | -49 | -4 | -878 | -1,027 | -4,916 | 625 | 1,215 | 182 |
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 | 234 | 4.21 | 113 | 196 | 108 | 109 | 122 | 15.06 | 25.85 | 0 | 0 | 0 |
| Inventory Days | 780 | 1,056 | 411 | 115 | 61.12 | 0 | 47.74 | 68.23 | 280 | 14.79 | — | 67,890 |
| Days Payable | 407 | 0 | 32.92 | 11.15 | 0 | — | 46.27 | 97.68 | 88.38 | 0 | — | 0 |
| Cash Conversion Cycle | 606 | 1,061 | 491 | 299 | 169 | 109 | 123 | -14.39 | 218 | 14.79 | 0 | 67,890 |
| Working Capital Days | 1,492 | 1,716 | 852 | 349 | 252 | 159 | 265 | -53.84 | 365 | 160 | 6,537 | 22,448 |
| ROCE % | 0.44% | 0.28% | 0.28% | -1.11% | -12.59% | -56.5% | 55.51% | -1.97% | -16.64% | 17.5% | 14.81% | -16.95% |
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
Log in to view Balgopal Commercial insights
59 extracted metrics + investor summaries across FY12–FY26.
Documents
1
Announcement Under Regulation 30 Of The SEBI (LODR) Regulations, 2015 For Balgopal Commercial Limited Disclosure Of Cybersecurity Incident At Third-Party Service Provider
11h - On 11 May 2026, third-party provider cyberattack disrupted email and website; data recovery may be partial. 11h - On 11 May 2026, third-party provider cyberattack disrupted email and website; data recovery may be partial.
2
Receipt Of Trading Approval From BSE Limited
6 May - BSE approved trading of 19,00,000 promoter shares at Rs.60 each from May 6, 2026. 6 May - BSE approved trading of 19,00,000 promoter shares at Rs.60 each from May 6, 2026.
3
Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A
25 Apr - Company disclosed it is not a SEBI large corporate; long-term borrowing was nil on 31 March 2026. 25 Apr - Company disclosed it is not a SEBI large corporate; long-term borrowing was nil on 31 March 2026.
4
Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A
15h - Company disclosed it is not a SEBI large corporate; long-term borrowing was nil on 31 March 2026. 15h - Company disclosed it is not a SEBI large corporate; long-term borrowing was nil on 31 March 2026.
5
Receipt Of Listing Approval From BSE Limited
21 Apr - BSE approved listing of 19,00,000 preferential equity shares issued to promoter group. 21 Apr - BSE approved listing of 19,00,000 preferential equity shares issued to promoter group.
Frequently Asked Questions about Balgopal Commercial
What does Balgopal Commercial Ltd do?
Balgopal Commercial Ltd is transitioning
from securities/textile trading into Mumbai
-led real-estate construction and redevelopment. The group uses owned /development-right assets, direct funding and joint-development structures through the listed parent, 6 subsidiary companies and subsidiary p...
Where is Balgopal Commercial Ltd (539834) listed?
Balgopal Commercial Ltd trades as BALGOPALCOMMERCIALLTD on the NSE and under code BALGOPAL on the BSE.
Which sector does Balgopal Commercial Ltd belong to?
Balgopal Commercial Ltd is classified under the Commercial Services sector, in the Trading & Distributors industry.
What is the market capitalisation of Balgopal Commercial Ltd?
Balgopal Commercial Ltd has a market capitalisation of ₹434.7 Cr, which places it in the Small Cap band.
What is the PE ratio of Balgopal Commercial Ltd?
Balgopal Commercial Ltd trades at a PE ratio of -80.90, on earnings per share of ₹9.35, against a book value of ₹25.21 per share.
What is the 52-week high and low of Balgopal Commercial Ltd?
Over the last 52 weeks Balgopal Commercial Ltd has traded between ₹130 and ₹272.95.
What is the Return on Equity (ROE) of Balgopal Commercial Ltd?
Balgopal Commercial Ltd reported a return on equity of 11.12%. Its debt-to-equity ratio is 0.17.
Company Information
Balgopal Commercial Ltd is transitioning from securities/textile trading into Mumbai -led real-estate construction and redevelopment. The group uses owned /development-right assets, direct funding and joint-development structures through the listed parent, 6 subsidiary companies and subsidiary partnership Dreamax Realtors; legacy listed-equity investments remain material. [1]
For AI agents and developers
Reading this as an AI agent, LLM or automated pipeline? Every page on Tapetide is also published as clean Markdown — no navigation, no scripts, just the data. Fetch https://tapetide.com/stocks/539834.md for Balgopal Commercial Ltd: company profile, latest price, key fundamentals, the Tapetide Score, growth rates, quarterly and annual financial statements, shareholding pattern, technical indicators, analyst ratings and exchange filings.
Append .md to any Tapetide URL for the
same treatment. A full index of what we publish is at /llms.txt and /llms-full.txt. For live,
structured queries instead of documents, use our MCP server.