BGR Energy Systems Limited (BGRENERGY) AI Stock Analysis

• Market Cap: ₹30.65B
• Dividend Yield: N/A
• Average Volume (3M): 34.17K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.53
• Revenue Growth: -58.59%
• EPS Growth: -14.79%
• Country: IN
• Employees: 1,813
• Sector: Energy
• Sector Strength: 52
• Industry: Engineering & Construction
• EPS (TTM): -8.63
• Shares Outstanding: 72,161,560
• 10 Day Avg. Volume: 15,413
• 30 Day Avg. Volume: 34,175
• PEG Ratio: -0.02
• Price to Book (P/B): -0.37
• Price to Sales (P/S): 1.30
• P/FCF Ratio: -0.32
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 51 Neutral
• Price Target: ₹447.00 ▲(11.97% Upside)

The overall stock score is primarily impacted by the poor financial performance, which raises significant concerns about the company's sustainability. While technical analysis indicates strong momentum, the negative valuation metrics, particularly the negative P/E ratio, further weigh down the score. The absence of earnings call data and corporate events means these factors do not influence the score.

Positive Factors

Diversified Revenue Streams

The company's diversified revenue streams from EPC projects and maintenance services provide a stable income base, reducing reliance on a single market segment and enhancing resilience against sector-specific downturns.

Strategic Partnerships

Long-term contracts through strategic partnerships ensure recurring revenue and strengthen market position, providing a competitive edge and stability in volatile markets.

Focus on Renewable Energy

The emphasis on renewable energy aligns with global sustainability trends, potentially driving future growth as demand for clean energy solutions increases.

Negative Factors

Declining Revenue

Ongoing revenue decline indicates challenges in maintaining market share and competitiveness, potentially impacting long-term viability and growth prospects.

Negative Equity

Negative equity suggests financial instability, limiting the company's ability to raise capital and invest in growth opportunities, posing a risk to long-term sustainability.

Cash Flow Challenges

Negative cash flow from operations indicates liquidity issues, hindering the company's ability to finance operations and invest in strategic initiatives, threatening financial health.

BGR Energy Systems Limited Business Overview & Revenue Model

Company Description

BGR Energy Systems Limited, together with its subsidiaries, manufactures and sells capital equipment for power plants, petrochemical and process industries, and refineries in India and internationally. Its Power Projects division engages in the provision of turnkey engineering, procurement, and construction services for power plants and plant balance; and supply of sub and super critical steam turbines and generators, and single and multiple pressure level natural circulation heat recovery steam generators. The company's Electrical Projects division offers solutions for EHV substations; optical fiber composite ground wire, all-dielectric self-supporting, and optical line termination equipment; gas insulated switchgear substations; EHV transmission lines; plant electrical projects; and rural electrification. This division also provides power and auxiliary transformers, power evacuation systems, HT/LT/control cables, HT/LT switchgears, DC systems, and battery and battery chargers. Its Oil and Gas Equipment division offers process equipment packages and systems, pipeline equipment, compressor packaging products, and storage tanks. The company's Environmental Engineering division provides deaerators, membrane based water treatment plants, demineralization plants, effluent treatment and recycling plants, and condensate polishing units. Its Air Fin Coolers division offers process, radiator, and compressor coolers, as well as finned tubes and tube bundles. The company also provides heat exchangers; pressure vessels, reactors, and columns; waste heat recovery modules and convection coils; surface condensers and HP/LP heaters; and process equipment and boiler components. BGR Energy Systems Limited was incorporated in 1985 and is headquartered in Chennai, India.

How the Company Makes Money

BGRENERGY generates revenue through multiple streams, primarily by undertaking large-scale engineering, procurement, and construction (EPC) projects for power generation and infrastructure development. The company earns significant income from contracts to build thermal power plants and renewable energy projects, leveraging its expertise in project management and execution. Additionally, BGRENERGY profits from providing maintenance and operational support services for energy facilities. The company's strategic partnerships with governmental bodies and private enterprises further enhance its project portfolio and revenue potential, as these collaborations often lead to long-term contracts and recurring revenue. Furthermore, BGRENERGY's focus on innovative solutions in the renewable energy sector positions it to benefit from the global shift towards sustainable energy, contributing to its overall earnings growth.

BGR Energy Systems Limited Financial Statement Overview

Summary

BGR Energy Systems Limited faces substantial challenges across all financial metrics. Continuous decline in revenue, profitability issues, negative equity, and poor cash flow raise significant concerns about the company's financial health and sustainability. Immediate strategic intervention may be required to stabilize operations and improve financial performance.

Income Statement

BGR Energy Systems Limited shows a concerning decline in revenue and profitability. The revenue growth rate is negative, and the company has been unable to maintain a positive gross profit margin, with significant negative EBIT and net profit margins indicating ongoing operational challenges and high expenses.

Balance Sheet

The balance sheet reveals a precarious financial position with negative stockholders' equity, indicating liabilities exceed assets. The debt-to-equity ratio is unfavorable due to negative equity, and the company faces high leverage, significantly increasing financial risk.

Cash Flow

Cash flow analysis shows a troubling trend with deteriorating free cash flow and negative operating cash flow in the most recent year. The inability to generate positive cash flow from operations poses a significant liquidity risk.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	3.67B	4.52B	10.12B	8.06B	12.21B	11.40B
Gross Profit	-2.76B	-1.68B	-679.80M	-386.70M	3.17B	1.76B
EBITDA	-4.55B	-3.61B	-2.97B	-3.04B	646.30M	-1.28B
Net Income	-11.24B	-9.72B	-7.58B	-4.85B	-1.83B	-3.64B
Balance Sheet
Total Assets	0.00	47.01B	43.58B	49.55B	53.60B	53.86B
Cash, Cash Equivalents and Short-Term Investments	776.60M	777.20M	902.10M	2.97B	2.74B	3.54B
Total Debt	0.00	34.71B	18.33B	18.45B	18.78B	19.43B
Total Liabilities	16.40B	63.41B	50.64B	49.06B	48.23B	46.53B
Stockholders Equity	-16.40B	-16.08B	-6.61B	918.80M	5.77B	7.63B
Cash Flow
Free Cash Flow	0.00	-18.58B	1.49B	3.02B	3.25B	4.68B
Operating Cash Flow	0.00	-18.57B	1.50B	3.04B	3.27B	4.69B
Investing Cash Flow	0.00	16.70M	3.40M	-20.00M	79.70M	-7.60M
Financing Cash Flow	0.00	18.83B	-1.43B	-3.06B	-3.70B	-4.59B

BGR Energy Systems Limited Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 399.20
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:BGRENERGY, the sentiment is Neutral. The current price of 399.2 is below the 20-day moving average (MA) of 414.50, above the 50-day MA of 377.82, and above the 200-day MA of 182.72, indicating a neutral trend. The MACD of 8.20 indicates Positive momentum. The RSI at 47.07 is Neutral, neither overbought nor oversold. The STOCH value of 14.30 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for IN:BGRENERGY.

BGR Energy Systems Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
JKIL	67 Neutral	₹48.13B	11.81	―	0.71%	13.96%	12.91%
Sector *	65 Neutral	$15.17B	7.61	4.09%	5.20%	3.87%	-62.32%
KNRCON	63 Neutral	₹50.48B	5.30	―	0.17%	-42.73%	-44.36%
MANINFRA	61 Neutral	₹58.45B	20.76	―	1.00%	-21.85%	-1.63%
POWERMECH	61 Neutral	₹75.52B	23.11	―	0.06%	28.54%	19.19%
BGRENERGY	51 Neutral	₹30.65B	―	―	―	-58.59%	-14.79%
HCC	48 Neutral	₹50.42B	29.97	―	―	-31.50%	-74.38%

BGR Energy Systems Limited Corporate Events

BGR Energy Systems Announces Promoter Share Gift

BGR Energy Systems Limited has announced a transfer of 2,100 equity shares from Mr. Arjun Govind Raghupathy to his mother, Mrs. Sasikala Raghupathy, both classified as promoters of the company. This off-market transaction was executed as a gift, without any financial consideration, and does not meet the materiality threshold under SEBI regulations. The company will update its shareholding pattern in the next quarterly filing.

BGR Energy Systems Announces Promoter Share Transfer

BGR Energy Systems Limited has announced a transfer of shares within its promoter group. Mr. Arjun Govind Raghupathy, a promoter of the company, has gifted 2,100 equity shares to his mother, Mrs. Sasikala Raghupathy, who is also a promoter. This off-market transaction was executed without consideration and is disclosed as part of good corporate governance, despite not meeting the materiality threshold under SEBI regulations. The company will update its shareholding pattern in the next quarterly filing.

BGR Energy Systems Releases Q2 2025 Financial Results

BGR Energy Systems Limited announced the publication of its unaudited standalone and consolidated financial results for the second quarter and half-year ending September 30, 2025. The financial results were published in Business Standard and Prajasakti newspapers, in compliance with SEBI regulations. This announcement is a routine disclosure aimed at keeping stakeholders informed about the company’s financial performance, which is crucial for maintaining transparency and trust in the market.

BGR Energy Faces Tax Demand Order, Plans Appeal

BGR Energy Systems Limited has received a demand order under the CGST and OGST Acts for the financial year 2022-2023, citing excess Input Tax Credit (ITC) availed by the company. While the demand for FY 2021-22 was dropped, the adjudicating authority confirmed a demand of Rs. 36,14,294 for FY 2022-23, along with a penalty. The company plans to appeal this decision, which could impact its financial operations and stakeholder interests.