---
title: "Bilpower Ltd (BILPOWER) — Share Price, Financials & Analysis"
symbol: "BILPOWER"
company: "Bilpower Ltd"
canonical: "https://tapetide.com/stocks/BILPOWER"
generated_at: "2026-10-13T10:58:20.109Z"
---

# Bilpower Ltd (BILPOWER)

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

## Company

- **Stock Type:** EQUITY
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** bilpower.com

## About

Bilpower is engaged in the business of manufacturing of Transformers Cores & Lamination using Cold Rolled Grain Oriented (CRGO) steel.

## Latest Price

## Key Insights

### Weaknesses

- Contingent liabilities of Rs.98.5 Cr.
- Earnings include an other income of Rs.1.44 Cr.

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| net income growth | 173% | -32% | 18% |
| revenue growth | -100% | — | — |

## Financial Statements

### Quarterly Results

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

| Item | Sep 2016 | Dec 2016 | Mar 2017 | Jun 2017 | Sep 2017 | Dec 2017 | Mar 2018 | Jun 2018 | Sep 2018 | Dec 2018 | Mar 2019 | Jun 2019 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 8.85 | 5.28 | 5.17 | 2.69 | 2.77 | 2.77 | 1.16 | 0 | 0 | 0 | 0 | 0 |
| Expenses | 9.49 | 4.03 | 0.73 | 2.62 | 6.79 | 6.79 | 6.58 | 1.03 | 0.89 | -0.07 | -1.69 | -1.39 |
| Operating Profit | -0.64 | 1.25 | 4.44 | 0.07 | -4.02 | -4.02 | -5.42 | -1.03 | -0.89 | 0.07 | 1.69 | 1.39 |
| OPM % | -7.23 | 23.67 | 85.88 | 2.6 | -145.13 | -145.13 | -467.24 | — | — | — | — | — |
| Other Income | 0 | 0.79 | 3.25 | 0.38 | 4.75 | 4.75 | 0.98 | 0.38 | 0.39 | 0.35 | 0.35 | 0.35 |
| Interest | 0.08 | 0.09 | 0.08 | 0.08 | 0.07 | 0.07 | 0.07 | 0.07 | 0.07 | 0.07 | 0.07 | 0.07 |
| Depreciation | 0.09 | 0.09 | 0.09 | 0.07 | 0.07 | 0.07 | 0.06 | 0.06 | 0.06 | 0.06 | 0.06 | 0.06 |
| Profit before tax | -0.81 | 1.86 | 7.52 | 0.3 | 0.59 | 0.59 | -4.57 | -0.78 | -0.63 | 0.29 | 1.91 | 1.61 |
| Tax % | 0 | 0 | 0 | 13.33 | 22.03 | 22.03 | -1.75 | 0 | 0 | 0 | 0 | 0 |
| Net Profit | -0.81 | 1.86 | 7.52 | 0.26 | 0.46 | 0.46 | -4.49 | -0.77 | -0.63 | 0.29 | 1.91 | 1.61 |
| EPS in Rs | -0.39 | 0.89 | 3.58 | 0.12 | 0.22 | 0.22 | -2.14 | -0.37 | -0.3 | 0.14 | 0.91 | 0.77 |

### Profit & Loss

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

| Item | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | TTM |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 398.7 | 356.12 | 35.36 | 3.84 | 18.53 | 13.85 | 22.5 | 9.91 | 0 | 0 |
| Expenses | 383.08 | 349.84 | 49.67 | 7.85 | 19.4 | 14.13 | 15.79 | 13.74 | 0.15 | -2.26 |
| Operating Profit | 15.62 | 6.28 | -14.31 | -4.01 | -0.87 | -0.28 | 6.71 | -3.83 | -0.15 | 2.26 |
| OPM % | 3.92 | 1.76 | -40.47 | -104.43 | -4.7 | -2.02 | 29.82 | -38.65 | — | — |
| Other Income | 10.22 | -1.15 | -5.32 | -29.76 | -110.88 | -3.27 | 4.49 | 3.04 | 1.47 | 1.44 |
| Interest | 19.03 | 23.27 | 23.08 | 0.44 | 0.34 | 0.37 | 0.34 | 0.3 | 0.29 | 0.28 |
| Depreciation | 0.48 | 0.46 | 0.42 | 0.34 | 0.55 | 0.42 | 0.35 | 0.27 | 0.23 | 0.24 |
| Profit before tax | 6.33 | -18.6 | -43.13 | -34.55 | -112.64 | -4.34 | 10.51 | -1.36 | 0.8 | 3.18 |
| Tax % | 32.07 | -0.11 | -2.83 | 0.2 | -0.05 | 0 | 0 | 5.88 | 0 | — |
| Net Profit | 4.3 | -18.59 | -41.91 | -34.62 | -112.58 | -4.34 | 10.5 | -1.45 | 0.8 | 3.18 |
| EPS in Rs | 2.05 | -8.85 | -19.96 | -16.48 | -53.61 | -2.07 | 5 | -0.69 | 0.38 | 1.52 |
| Dividend Payout % | 24.42 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — |

### Balance Sheet

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

| Item | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 10.5 | 10.5 | 10.5 | 21 | 21 | 21 | 21 | 21 | 21 | 21 |
| Reserves | 128.88 | 77.8 | 59.22 | 6.81 | -27.81 | -140.47 | -144.81 | -134.3 | -135.75 | -134.95 |
| Borrowings | 183.99 | 99.62 | 114.56 | 183.21 | 180.31 | 180.2 | 180.15 | 180.06 | 175.84 | 175.87 |
| Other Liabilities | 100.65 | 81.96 | 96.37 | 37.21 | 28.05 | 19.35 | 26.27 | 32.36 | 20.56 | 20.26 |
| Total Liabilities | 424.02 | 269.88 | 280.65 | 248.23 | 201.55 | 80.08 | 82.61 | 99.12 | 81.65 | 82.18 |
| Fixed Assets | 63 | 6.03 | 5.55 | 5.16 | 4.52 | 3.88 | 3.45 | 2.95 | 2.14 | 1.91 |
| CWIP | 1.15 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 20.19 | 21.47 | 22.55 | 22.55 | 10.46 | 10.34 | 9.53 | 11.45 | 6.42 | 7.27 |
| Other Assets | 339.68 | 242.38 | 252.55 | 220.52 | 186.57 | 65.86 | 69.63 | 84.72 | 73.09 | 73 |
| Total Assets | 424.02 | 269.88 | 280.65 | 248.23 | 201.55 | 80.08 | 82.61 | 99.12 | 81.65 | 82.18 |

### Cash Flow

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

| Item | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | -44.62 | 66.08 | -6.36 | -74.17 | -91.55 | 1.21 | 11.49 | -4.72 | -18.11 | -0.01 |
| Cash from Investing Activity | -9.73 | -0.96 | 11.73 | 12.52 | 6.4 | -0.75 | -10.89 | 4.99 | 22.54 | 0.22 |
| Cash from Financing Activity | 58.39 | -65.28 | -6.77 | 52.81 | 84.78 | -0.45 | -0.44 | -0.4 | -4.45 | -0.26 |
| Net Cash Flow | 4.04 | -0.16 | -1.4 | -8.84 | -0.37 | 0.01 | 0.16 | -0.13 | -0.02 | -0.05 |
| Free Cash Flow | -48.83 | 66 | -6.36 | -74.66 | -91.31 | 1.26 | 11.49 | -4.29 | -13.98 | -0.01 |
| CFO/OP | -138 | 436 | -101 | 522 | 2281 | -132 | -4104 | -70 | 471 | 7 |

### Ratios

| Item | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 172.79 | 128.98 | 182.33 | 1910.57 | 15745.38 | 851.73 | 834.1 | 789.05 | 1832.73 | — |
| Inventory Days | 69.43 | 41.7 | 26.6 | 60.32 | 55.99 | 5.62 | 7.66 | 4.71 | 10.7 | — |
| Days Payable | 0 | 75.31 | 98.6 | 219.08 | 1026.56 | 213.81 | 470.12 | 388.08 | 302.26 | — |
| Cash Conversion Cycle | 242.21 | 95.38 | 110.33 | 1751.82 | 14774.81 | 643.55 | 371.64 | 405.69 | 1541.18 | — |
| Working Capital Days | 186.31 | 44.28 | 31.08 | 344.66 | -2250.83 | -2682.64 | -3675.56 | -2103.05 | -4611.67 | — |
| ROCE % | 9.75 | 9.92 | 4.99 | -6.28 | -1.31 | 0.64 | 5.07 | 17.17 | -2.08 | 1.77 |

## Shareholding Pattern

### annual

| Category | Mar 2017 | Mar 2018 | Mar 2019 | Sep 2019 |
| --- | --- | --- | --- | --- |
| Promoters | 16.61% | 16.61% | 16.61% | 16.61% |
| DIIs | 2.79% | 2.79% | 2.79% | 2.79% |
| Public | 80.6% | 80.6% | 80.6% | 80.6% |
| No. of Shareholders | 7925 | 7862 | 7840 | 7874 |

### Quarterly

| Category | Dec 2016 | Mar 2017 | Jun 2017 | Sep 2017 | Dec 2017 | Mar 2018 | Jun 2018 | Sep 2018 | Dec 2018 | Mar 2019 | Jun 2019 | Sep 2019 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 16.61% | 16.61% | 16.61% | 16.61% | 16.61% | 16.61% | 16.61% | 16.61% | 16.61% | 16.61% | 16.61% | 16.61% |
| DIIs | 2.79% | 2.79% | 2.79% | 2.79% | 2.79% | 2.79% | 3.74% | 2.79% | 2.79% | 2.79% | 2.79% | 2.79% |
| Public | 80.6% | 80.6% | 80.6% | 80.6% | 80.6% | 80.6% | 79.65% | 80.6% | 80.6% | 80.6% | 80.6% | 80.6% |
| No. of Shareholders | 7948 | 7925 | 7876 | 7860 | 7790 | 7862 | 7886 | 7860 | 7844 | 7840 | 7833 | 7874 |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 2019-12-31 | [Closure of Trading Window](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=06205e48-9dfd-4eea-b9cb-509fdeba9f94.pdf) |
| 2019-12-31 | [Closure of Trading Window](https://www.bseindia.com/xml-data/corpfiling/AttachHis/06205e48-9dfd-4eea-b9cb-509fdeba9f94.pdf) |
| 2019-11-27 | [Announcement under Regulation 30 (LODR)-Resignation of Director](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=45f50240-6ea7-4d9a-9816-38f6521e3ac9.pdf) |
| 2019-11-27 | [Announcement under Regulation 30 (LODR)-Resignation of Chief Financial Officer (CFO)](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=5c7a4f9c-26a3-4cb9-b711-35eeb9bb73d2.pdf) |
| 2019-11-27 | [Compliance And Disclosure Under Regulation 30 Of SEBI (Listing Obligation And Disclosure Requirement) Regulation, 2015.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=7e20aeb4-3097-4ac5-a5a0-8ed2aaf6e09c.pdf) |
| 2019-11-27 | [Announcement under Regulation 30 (LODR)-Resignation of Director](https://www.bseindia.com/xml-data/corpfiling/AttachHis/45f50240-6ea7-4d9a-9816-38f6521e3ac9.pdf) |
| 2019-11-27 | [Announcement under Regulation 30 (LODR)-Resignation of Chief Financial Officer (CFO)](https://www.bseindia.com/xml-data/corpfiling/AttachHis/5c7a4f9c-26a3-4cb9-b711-35eeb9bb73d2.pdf) |
| 2019-11-27 | [Compliance And Disclosure Under Regulation 30 Of SEBI (Listing Obligation And Disclosure Requirement) Regulation, 2015.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/7e20aeb4-3097-4ac5-a5a0-8ed2aaf6e09c.pdf) |
| 2017-03-14 | [Fixation Of Record Date Under Regulation 42 Of SEBI (LODR) Regulations, 2015](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2017/3/c84abdbb-7dd0-4f63-ba05-ea28dbea7c7b.pdf) |
| 2017-03-14 | [Outcome of Board Meeting](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2017/3/e5675583-d459-483d-ad83-e86cbc1063e3.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| Mar 2019 | [Annual Report 2019](https://www.bseindia.com/bseplus/AnnualReport/531590/5315900319.pdf) |
| Mar 2018 | [Annual Report 2018](https://www.bseindia.com/bseplus/AnnualReport/531590/5315900318.pdf) |
| Mar 2017 | [Annual Report 2017](https://www.bseindia.com/bseplus/AnnualReport/531590/5315900317.pdf) |
| Mar 2016 | [Annual Report 2016](https://www.bseindia.com/bseplus/AnnualReport/531590/5315900316.pdf) |
| Mar 2016 | [Financial Year 2016](https://www.bseindia.com/bseplus/AnnualReport/530505/5305050316.pdf) |
| Mar 2015 | [Annual Report 2015](https://www.bseindia.com/bseplus/AnnualReport/531590/5315900315.pdf) |
| Mar 2015 | [Financial Year 2015](https://www.bseindia.com/bseplus/AnnualReport/530505/5305050315.pdf) |
| Mar 2014 | [Annual Report 2014](https://www.bseindia.com/bseplus/AnnualReport/531590/5315900314.pdf) |
| Mar 2014 | [Financial Year 2014](https://www.bseindia.com/bseplus/AnnualReport/530505/5305050314.pdf) |
| Mar 2013 | [Annual Report 2013](https://www.bseindia.com/bseplus/AnnualReport/531590/5315900313.pdf) |

### Credit Rating Reports

| Date | Document |
| --- | --- |
| 2026-02-24 | Credit rating update — CRISIL |
| 2024-12-18 | Credit rating update — CRISIL |
| 2023-10-23 | Credit rating update — CRISIL |
| 2022-07-27 | Credit rating update — CRISIL |
| 2021-05-25 | Credit rating update — CRISIL |
| 2020-02-26 | Credit rating update — CRISIL |

---

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 2026-10-13T10:58:20.109Z.