BGR Energy Systems Limited (BGRENERGY) AI Stock Analysis

• Market Cap: ₹22.87B
• Dividend Yield: N/A
• Average Volume (3M): 34.17K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.90
• Revenue Growth: -58.59%
• EPS Growth: -14.79%
• Country: IN
• Employees: 1,813
• Sector: Energy
• Sector Strength: 52
• Industry: Engineering & Construction
• EPS (TTM): -26.72
• 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: 40 Underperform
• Price Target: ₹301.00 ▼(-13.08% Downside)
• Action: Downgraded Date: 03/24/26
• Date: Action: Downgraded 03/24/26

The score is primarily constrained by very weak financial performance (losses, negative equity, and negative operating/free cash flow). Technicals add downside risk with a broadly bearish trend and negative momentum, while valuation is not supportive due to losses and no available dividend yield.

Positive Factors

Diverse revenue streams

BGR's business model combines EPC contracting, product/equipment sales and after-delivery services. This mix provides multiple revenue levers across project lifecycles, supports recurring service income, and lessens dependence on any single contract type over a multi-month horizon.

Negative Factors

Negative stockholders' equity

Negative equity signals solvency stress and structural balance-sheet weakness. Over months this constrains access to debt/equity financing, increases counterparty scrutiny, and raises restructuring risk if operating performance doesn't improve, limiting strategic flexibility.

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 pr...

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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 pr...

How the Company Makes Money

BGR Energy Systems Limited primarily makes money by executing large, contract-based projects and supplying equipment/systems to power and industrial customers. Key revenue streams include: (1) EPC and project execution income—earning contract reve...

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BGR Energy Systems Limited primarily makes money by executing large, contract-based projects and supplying equipment/systems to power and industrial customers. Key revenue streams include: (1) EPC and project execution income—earning contract reve...

BGR Energy Systems Limited Financial Statement Overview

Breakdown	TTM	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	3.68B	4.52B	10.12B	8.06B	12.21B	11.40B
Gross Profit	-2.62B	-1.68B	-679.80M	-386.70M	3.17B	1.76B
EBITDA	-4.31B	-3.61B	-2.97B	-3.04B	646.30M	-1.28B
Net Income	-9.94B	-9.72B	-7.58B	-4.85B	-1.83B	-3.64B
Balance Sheet
Total Assets	44.56B	47.01B	43.58B	49.55B	53.60B	53.86B
Cash, Cash Equivalents and Short-Term Investments	527.10M	777.20M	902.10M	2.97B	2.74B	3.54B
Total Debt	39.98B	34.71B	18.33B	18.45B	18.78B	19.43B
Total Liabilities	64.24B	63.41B	50.64B	49.06B	48.23B	46.53B
Stockholders Equity	-19.35B	-16.08B	-6.61B	918.80M	5.77B	7.63B
Cash Flow
Free Cash Flow	3.75B	-18.58B	1.49B	3.02B	3.25B	4.68B
Operating Cash Flow	3.75B	-18.57B	1.50B	3.04B	3.27B	4.69B
Investing Cash Flow	7.10M	16.70M	3.40M	-20.00M	79.70M	-7.60M
Financing Cash Flow	-4.02B	18.83B	-1.43B	-3.06B	-3.70B	-4.59B

BGR Energy Systems Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 346.30
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:BGRENERGY, the sentiment is Positive. The current price of 346.3 is above the 20-day moving average (MA) of 288.98, above the 50-day MA of 314.63, and above the 200-day MA of 277.41, indicating a bullish trend. The MACD of -7.96 indicates Negative momentum. The RSI at 58.22 is Neutral, neither overbought nor oversold. The STOCH value of 100.00 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive 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
KNRCON	70 Outperform	₹33.38B	11.13	―	0.16%	-42.73%	-44.36%
JKIL	67 Neutral	₹35.50B	13.34	―	0.67%	13.96%	12.91%
Sector *	65 Neutral	$15.17B	7.61	4.09%	5.20%	3.87%	-62.32%
MANINFRA	63 Neutral	₹37.46B	27.56	―	1.03%	-21.85%	-1.63%
POWERMECH	61 Neutral	₹65.84B	19.27	―	0.05%	28.54%	19.19%
HCC	45 Neutral	₹46.13B	118.38	―	―	-31.50%	-74.38%
BGRENERGY	40 Underperform	₹22.87B	-3.50	―	―	-58.59%	-14.79%