---
title: "BGR Energy Systems Ltd (BGRENERGY) — Share Price, Financials & Analysis"
symbol: "BGRENERGY"
company: "BGR Energy Systems Ltd"
canonical: "https://tapetide.com/stocks/BGRENERGY"
isin: "INE661I01014"
nse_symbol: "BGRENERGY"
bse_code: "532930"
sector: "Construction"
industry: "Civil Construction"
market_cap_cr: 1753.53
generated_at: "2026-09-13T19:08:27.553Z"
---

# BGR Energy Systems Ltd (BGRENERGY)

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

## Company

- **NSE Symbol:** BGRENERGY
- **BSE Code:** 532930
- **ISIN:** INE661I01014
- **Sector:** Construction
- **Industry:** Civil Construction
- **Macro Sector:** Industrials
- **Stock Type:** EQUITY
- **Listed Since:** 2008-01-03
- **CEO:** Mr. Arjun Govind Raghupathy
- **Employees:** 389
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** bgrcorp.com

## About

Incorporated in 1985, BGR Energy Systems 
Ltd in the business of Supply of systems and Equipment and Turnkey Engineering project contracting[1]

## Latest Price

- **Price:** ₹232.78
- **Change:** -10.44 (-4.29%)
- **Open:** ₹238
- **Day High:** ₹245
- **Day Low:** ₹231.5
- **Previous Close:** ₹243.22
- **Volume:** 116498
- **As Of:** 2026-09-11T09:59:46+00:00

## Key Fundamentals

Observed at 2026-09-11T04:38:03.224348Z.

- **Market Cap:** ₹1753.53 Cr
- **Classification:** Microcap
- **P/E (reported):** -1.4
- **EPS (TTM):** ₹-172.83
- **Book Value:** ₹-396.43
- **Price to Book:** -0.62
- **Dividend Yield:** 0%
- **ROE:** 59.34%
- **ROCE:** 35.31%
- **Debt to Equity:** 0
- **Revenue (yearly):** ₹299.69 Cr
- **Net Income:** ₹-1291.72 Cr
- **EBITDA:** ₹-583.14 Cr
- **52-Week High:** ₹490.8
- **52-Week Low:** ₹214.71
- **RSI (14):** 43.95

## Tapetide Score

- **Score:** 20 / 100
- **Score date:** 2026-09-04
- **Archetype:** Weak and Under Pressure
- **What it means:** Weak financials are the defining feature, and neither the valuation nor the trend reading is strong enough to offset them. Worth reading the risk flags and recent filings closely before anything else.
- **Pillar profile:** Quality: Weak · Valuation: Expensive · Momentum: Falling
- **Percentile:** 0.1 (of 4473 scored stocks)
- **Confidence:** 84%
- **Data coverage:** 67%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 14.82 | 9% |
| growth | 4.37 | 9% |
| momentum | 16.43 | 12% |
| ownership | 42.22 | 24% |
| quality | 9.44 | 22% |
| valuation | 34.97 | 24% |

The Tapetide Score is decision-support only, not investment advice.

## Key Insights

### Strengths

- Debtor days have improved from 201 to 106 days.

### Weaknesses

- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -23.4% over past five years.
- Contingent liabilities of Rs.2,080 Cr.
- Promoters have pledged 58.8% of their holding.
- Company's cost of borrowing seems high
- Promoter holding has decreased over last 3 years: -24.0%
- Working capital days have increased from -73.6 days to 1,287 days

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | — | -710.7% | -495.79% |
| ebitda margin growth | 88.68% | 154.02% | 574.21% | — |
| net income growth | 71.02% | 32.74% | 69.78% | 597.47% |
| revenue growth | -17.01% | -54.77% | -28% | -23% |
| roce | -88.32% | -94.15% | -175.14% | 116.67% |
| roe | -71.02% | -44.91% | -275.61% | -218.44% |

## Financial Statements

### Quarterly Results

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

| Item | 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 | 235 | 462 | 170 | 174 | 83 | 66 | 130 | 89 | 83 | 78 | 50 | 16 |
| Expenses | 263 | 911 | 8 | 177 | 151 | 258 | 432 | 194 | 140 | 265 | 284 | 118 |
| Operating Profit | -28 | -448 | 162 | -3 | -69 | -192 | -302 | -105 | -56 | -187 | -234 | -102 |
| OPM % | -12 | -97 | 95 | -1.8 | -83 | -291 | -232 | -119 | -68 | -241 | -467 | -648 |
| Other Income | 1 | 11 | 96 | 17 | 1 | 1 | 187 | 25 | 12 | 22 | 70 | 84 |
| Interest | 102 | 117 | 126 | 122 | 122 | 143 | 213 | 182 | 15 | 24 | 604 | 204 |
| Depreciation | 3 | 3 | 3 | 3 | 3 | 3 | 4 | 3 | 3 | 3 | 3 | 1 |
| Profit before tax | -133 | -559 | 129 | -112 | -193 | -336 | -332 | -266 | -63 | -193 | -771 | -223 |
| Tax % | -20 | 24 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Profit | -107 | -691 | 129 | -112 | -193 | -336 | -332 | -266 | -63 | -193 | -771 | -223 |
| EPS in Rs | -14.82 | -95.66 | 18.09 | -15.72 | -26.68 | -46.57 | -45.78 | -36.74 | -8.63 | -26.72 | -106.42 | -31.06 |

### Profit & Loss

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

| Item | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 3298 | 3273 | 2692 | 1140 | 1221 | 806 | 1012 | 452 | 300 | 227 |
| Expenses | 2950 | 2949 | 2478 | 1304 | 1090 | 1085 | 1337 | 1019 | 883 | 807 |
| Operating Profit | 348 | 324 | 214 | -164 | 130 | -278 | -325 | -566 | -583 | -580 |
| OPM % | 11 | 10 | 8 | -14 | 11 | -35 | -32 | -125 | -195 | -256 |
| Other Income | 3 | 3 | 43 | 7 | 13 | 50 | 98 | 206 | 128 | 187 |
| Interest | 288 | 271 | 302 | 300 | 359 | 399 | 445 | 600 | 825 | 847 |
| Depreciation | 25 | 28 | 35 | 31 | 27 | 17 | 13 | 13 | 11 | 9 |
| Profit before tax | 37 | 28 | -80 | -487 | -243 | -644 | -685 | -973 | -1292 | -1249 |
| Tax % | 85 | 46 | -88 | -24 | -24 | -24 | 11 | 0 | 0 | — |
| Net Profit | 5 | 15 | -10 | -368 | -185 | -488 | -761 | -973 | -1292 | -1249 |
| EPS in Rs | 2.27 | 2.67 | -0.4 | -50.51 | -25.37 | -67.21 | -105.07 | -134.75 | -178.51 | -172.83 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — |

### Balance Sheet

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

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 72 | 72 | 72 | 72 | 72 | 72 | 72 | 72 | 72 | 72 |
| Reserves | 1242 | 1251 | 1155 | 1107 | 698 | 505 | 20 | -733 | -1680 | -2933 |
| Borrowings | 2001 | 2228 | 2259 | 2143 | 1943 | 1878 | 1845 | 1833 | 3471 | 4535 |
| Other Liabilities | 3111 | 3226 | 3217 | 2923 | 2677 | 2905 | 3019 | 3186 | 2838 | 2637 |
| Total Liabilities | 6426 | 6777 | 6704 | 6245 | 5389 | 5360 | 4955 | 4358 | 4701 | 4311 |
| Fixed Assets | 488 | 493 | 493 | 403 | 370 | 336 | 324 | 300 | 285 | 258 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 1 | 1 | 1 | 0 | 1 | 1 | 1 | 2 | 2 | 0 |
| Other Assets | 5937 | 6283 | 6211 | 5841 | 5018 | 5023 | 4630 | 4057 | 4414 | 4052 |
| Total Assets | 6426 | 6777 | 6704 | 6245 | 5389 | 5360 | 4955 | 4358 | 4701 | 4311 |

### Cash Flow

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

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 545 | 24 | 250 | 370 | 469 | 327 | 304 | 150 | -1857 | -23 |
| Cash from Investing Activity | -18 | -31 | -25 | 42 | -1 | 8 | -2 | 0 | 2 | 2 |
| Cash from Financing Activity | -534 | -91 | -232 | -413 | -459 | -370 | -306 | -143 | 1883 | -9 |
| Net Cash Flow | -7 | -98 | -7 | -1 | 10 | -35 | -4 | 8 | 28 | -30 |
| Free Cash Flow | 527 | -7 | 225 | 369 | 468 | 335 | 302 | 151 | -1856 | -23 |
| CFO/OP | 145 | 20 | 81 | 178 | -286 | 230 | -96 | -38 | 329 | 6 |

### Ratios

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 230 | 332 | 322 | 119 | 259 | 218 | 306 | 209 | 288 | 106 |
| Inventory Days | 13 | 9 | 7 | 10 | 25 | 18 | 28 | 19 | 10 | 6 |
| Days Payable | 303 | 278 | 257 | 259 | 687 | 410 | 752 | 521 | 892 | 684 |
| Cash Conversion Cycle | -60 | 63 | 72 | -130 | -403 | -173 | -418 | -293 | -594 | -572 |
| Working Capital Days | 17 | -18 | -49 | -68 | -136 | -124 | -203 | -214 | -1294 | 1287 |
| ROCE % | 10 | 10 | 8 | 5 | -6 | 4 | -11 | -15 | -25 | -27 |

## Shareholding Pattern

### Quarterly

| Category | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 75% | 75% | 51.01% | 51.01% | 51.01% | 51.01% | 51.01% | 51.01% | 51.01% | 51.01% | 51.01% | 51.01% |
| FIIs | 0.02% | 0.01% | 0.08% | 0.17% | 0.15% | 0% | 0.02% | 0.01% | 0.1% | 0.05% | 0.11% | 0.01% |
| DIIs | 0.26% | 0.26% | 0.26% | 0.26% | 0.26% | 0.26% | 0.14% | 0.14% | 0% | 0% | 0% | 0% |
| Government | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 21.81% | 21.49% | 43.5% | 43.58% | 41.36% | 39.67% | 41.02% | 41.24% | 41.08% | 41.31% | 41.14% | 40.99% |
| Others | 2.91% | 3.24% | 5.16% | 5% | 7.22% | 9.06% | 7.81% | 7.61% | 7.82% | 7.62% | 7.74% | 7.99% |
| No. of Shareholders | 77344 | 76821 | 96618 | 93739 | 90458 | 84011 | 75717 | 73319 | 71751 | 69300 | 68589 | 67585 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 3 / 5 / 11

### Moving Averages — summary: **Strong Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 244.71 | Sell |
| EMA (10) | 245.69 | Sell |
| SMA (20) | 246.62 | Sell |
| EMA (20) | 249.92 | Sell |
| SMA (50) | 268.26 | Sell |
| EMA (50) | 265.67 | Sell |
| SMA (100) | 288.44 | Sell |
| EMA (100) | 281.39 | Sell |
| SMA (200) | 311.6 | Sell |
| EMA (200) | 277.48 | Sell |

### Oscillators — summary: **Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 39.8 | Neutral |
| MACD (12,26,9) | -6.75 | Buy |
| Stochastic (14,3,3) | 29.23 | Neutral |
| ADX (14) | 22.81 | Neutral |
| Williams %R (14) | -93.05 | Buy |
| ATR (14) | 13.62 | High Volatility |
| ROC (12) | -9.41 | Sell |
| Stoch RSI (14) | 17.83 | Buy |
| UO (7,14,28) | 52.07 | Neutral |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 9h - NCLT admitted CIRP against BGR Energy Systems; default amount Rs.584.67 crore, IRP appointed. | [Corporate Insolvency Resolution Process (CIRP)-Admission of application by Tribunal 9h - NCLT admitted CIRP against BGR Energy Systems; default amount Rs.584.67 crore, IRP appointed.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/bfa78ea7-fa53-4d80-a669-26baed46fb63.pdf) |
| 9h - GST orders dated 7 May 2026 demand about Rs. 9 crore for FY21, FY22 and FY24; company will appeal. | [Announcement Under Regulation 30 Of SEBI LODR 2015 9h - GST orders dated 7 May 2026 demand about Rs. 9 crore for FY21, FY22 and FY24; company will appeal.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/e183cd2b-d22d-40ae-bb80-9cdd3b04be0d.pdf) |
| 7 Feb - Board meeting 13 Feb 2026 to approve unaudited Q3 results (Dec 31, 2025); trading window closed until 48 hours after. | [Board Meeting Intimation for To Consider Unaudited Standalone And Consolidated Financial Results For The Quarter Ended 31St December 2025. 7 Feb - Board meeting 13 Feb 2026 to approve unaudited Q3 results (Dec 31, 2025); trading window closed until 48 hours after.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/aefab30d-e9b8-422d-acac-0cfc66ce17f1.pdf) |
| 7 Apr - Submitted Regulation 74(5) certificate for quarter ended 31 March 2026; no dematerialization requests received. | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 7 Apr - Submitted Regulation 74(5) certificate for quarter ended 31 March 2026; no dematerialization requests received.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/9474e729-444d-45c9-8015-ea8ce8f4089f.pdf) |
| 7 Apr - BGR Energy reports Rs 3,561.70 crore bank loan default and Rs 3,994.88 crore total debt on 31 Mar 2026. | [Quarterly Disclosures By Listed Entities Of Defaults On Payment Of Interest/ Repayment Of Principal Amount On Loans From Banks / Financial Institutions And Unlisted Debt Securities 7 Apr - BGR Energy reports Rs 3,561.70 crore bank loan default and Rs 3,994.88 crore total debt on 31 Mar 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/880c4a99-ec59-4d8a-8fb1-754d2c731555.pdf) |
| 30 Apr - NCLAT stayed NCLT CIRP admission against BGR Energy; next hearing on 15 June 2026. | [Corporate Insolvency Resolution Process (CIRP)-Updates - Corporate Insolvency Resolution Process (CIRP) 30 Apr - NCLAT stayed NCLT CIRP admission against BGR Energy; next hearing on 15 June 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/8cca02f7-be3f-4054-98b3-d8e1f7e547e6.pdf) |
| 30 Apr - NCLAT stayed NCLT CIRP admission against BGR Energy; next hearing on 15 June 2026. | [Corporate Insolvency Resolution Process (CIRP)-Updates - Corporate Insolvency Resolution Process (CIRP) 30 Apr - NCLAT stayed NCLT CIRP admission against BGR Energy; next hearing on 15 June 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/8cca02f7-be3f-4054-98b3-d8e1f7e547e6.pdf) |
| 28 Apr - BGR Energy’s CIRP public announcement followed NCLT Amaravati order; ads were published on 24 April 2026. | [Corporate Insolvency Resolution Process (CIRP)-Public Announcement 28 Apr - BGR Energy’s CIRP public announcement followed NCLT Amaravati order; ads were published on 24 April 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/7b22e916-02de-462a-8419-aafd06823f1d.pdf) |
| 28 Apr - BGR Energy’s CIRP public announcement followed NCLT Amaravati order; ads were published on 24 April 2026. | [Corporate Insolvency Resolution Process (CIRP)-Public Announcement 28 Apr - BGR Energy’s CIRP public announcement followed NCLT Amaravati order; ads were published on 24 April 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/7b22e916-02de-462a-8419-aafd06823f1d.pdf) |
| 26 May 2025 - Umang Dairies reports audited FY25 results; scheme of arrangement sanctioned but pending effectiveness. | [Board Meeting Outcome for Board Meeting Outcome Held On 26Th May 2025 26 May 2025 - Umang Dairies reports audited FY25 results; scheme of arrangement sanctioned but pending effectiveness.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/8506b8e2-c3cb-4cf7-a495-84c80f69a2d3.pdf) |

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-09-01 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=4c70ec20-1a48-49af-a0ed-5ad7ca65e80e.pdf) |
| 2026-08-31 | [Notice Of The 40Th AGM Of The Company Scheduled On Tuesday 22Nd September 2026 At 11:30 AM IST Through Video Conferencing / Other Audio Visual Means (VC / OAVM)](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=60e780ad-8e16-4965-84db-8c3a535163a0.pdf) |
| 2026-08-31 | [Reg. 34 (1) Annual Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=fdccc02b-7013-49c4-9933-91a2fe045f93.pdf) |
| 2026-07-31 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=930390c3-ef73-46c6-a583-3bef8d858bfd.pdf) |
| 2026-07-30 | [Corporate Insolvency Resolution Process (CIRP)-Updates - Corporate Insolvency Resolution Process (CIRP)](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=837d886d-3365-40b4-bab9-84bab75bec52.pdf) |
| 2026-07-29 | [Board Meeting Outcome for Un-Audited Financial Results For The Quarter Ended 30Th June 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=1a2b70e0-8612-4f0e-8274-5009d498e25c.pdf) |
| 2026-07-29 | [Announcement under Regulation 30 (LODR)-Change in Management](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=7e55f1f9-ee90-43e0-aad2-845c8bdba4f9.pdf) |
| 2026-07-29 | [Announcement under Regulation 30 (LODR)-Amendments to Memorandum & Articles of Association](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=70b67957-7014-4afa-aa7e-b92fe0f66a2b.pdf) |
| 2026-07-29 | [Announcement under Regulation 30 (LODR)-Memorandum of Understanding /Agreements](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=0c5637c5-9c1d-412e-9da9-ad362a7dcf9d.pdf) |
| 2026-07-24 | [Board Meeting Intimation for Unaudited Standalone And Consolidated Financial Results For The Quarter Ended June 30 2026.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=33288e2b-bdc5-4827-bd3d-8ccf4c1adcb0.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-07-29 | [Un-Audited Financial Results For The Quarter Ended 30Th June 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=8bf51685-07da-4937-abdc-75dcfe339cbd.pdf) |
| 2026-05-25 | [Results- Audited Standalone And Consolidated Financial Results For The Quarter And Year Ended On 31St March 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b6345aae-2f75-4bbf-9ab2-cf2a7ae61228.pdf) |
| 2026-02-13 | [Unaudited Standalone And Consolidated Financial Results For The Quarter Ended On 31St December 2025.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=05a1a739-2449-427a-970b-87def61bf718.pdf) |
| 2025-11-14 | [Submission Of Standalone And Consolidated Financial Results For The Second Quarter And Half Year Ended On 30Th September 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=fbf57d6f-9e11-4c85-9ac2-b8655804c76f.pdf) |
| 2025-08-19 | [Un-Audited Standalone And Consolidated Financials For The Quarter Ended On June 30Th 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=56054aa6-e59b-4bfa-a1cf-84645dbd44a1.pdf) |
| 2025-08-14 | [Un-Audited Standalone And Consolidated Financial Results For The Quarter Ended On 30Th June 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=405325e6-1389-44ef-bc79-b05f0e7ff1c0.pdf) |
| 2025-08-14 | [Un-Audited Standalone And Consolidated Financial Results For The Quarter Ended On 30Th June 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d9258151-a633-427a-bae3-be0d044a2188.pdf) |
| 2025-05-28 | [Audited Financial Results For The 4Th Quarter And Year Ended March 31 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f98a70c3-5e9f-4ebc-8ce8-52e15ccff347.pdf) |
| 2025-02-12 | [Un-Audited Standalone And Consolidated Financial Results For The Quarter And Nine Months Ended On 31St December 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=bef34c31-cb83-4997-bbbe-3619fe6b0cb3.pdf) |
| 2024-11-13 | [Unaudited Standalone And Consolidated Financial Statement For The Quarter And Half Year Ended September 30, 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c5008d1f-5dda-4de8-b69c-5f173f3d78fb.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Annual Report 2012 from nse](https://archives.nseindia.com/annual_reports/AR_BGRENERGY_2011_2012_18092012091122.zip) |
| from bse | [Annual Report 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/6d6551e3-43d5-4279-80e3-aa9833f880bd.pdf) |
| from bse | [Annual Report 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/418d2d9f-0463-40e4-be97-f6c1f8aa361e.pdf) |
| from bse | [Financial Year 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/47c331e7-60aa-4b49-af0e-6d5a584bc699.pdf) |
| from bse | [Annual Report 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/dcc49791-4451-4d0c-a31e-436ee098e1f9.pdf) |
| from bse | [Financial Year 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/51b5adaa-4246-40ca-9887-6c9c461178a0.pdf) |
| from bse | [Annual Report 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/532930/74689532930.pdf) |
| from bse | [Financial Year 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/500231/74522500231.pdf) |
| from bse | [Annual Report 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/532930/69544532930.pdf) |
| from bse | [Financial Year 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/500231/69875500231.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 2026-09-13T19:08:27.553Z.