# BGR Energy Systems share price today (BGR Energy Systems Ltd, NSE: BGRENERGY)

> BGR Energy Systems share price today: ₹290.00 at the NSE close on 3 November 2026, down 33.8% in a year. BGR Energy Systems (NSE: BGRENERGY) is worth ₹2,092 crore, trades at a P/E of 9.1 and has closed between ₹232.78 and ₹428.75 over the past 52 weeks. > BGR Energy Systems Ltd's balance sheet is under water: its net worth is negative, so it owes more than it owns. The latest quarter's profit comes from a one-off item larger than a full quarter's revenue, not from the business. This is a high-risk situation: shareholders can be wiped out by new shares or a restructuring before the business recovers. BGRENERGY · Infra - Engineering - General · data as of 3 November 2026. Page: https://www.sectoralpha.in/stocks/bgr-energy-systems-ltd

Sector Alpha also publishes a daily newsletter that explains one Indian stock at a time: https://newsletter.sectoralpha.in/?utm_source=sectoralpha&utm_medium=ai_text&utm_campaign=llms

## Key numbers

- Price: ₹290.00 (−33.8% in a year)
- P/E: 9.1× (lower than 84% of the last 3.9 years)
- Revenue (Jun 2026): ₹16.0 Cr (−82.0% on a year ago)
- Profit (Jun 2026), incl. one-off: −₹223 Cr (one-off item, see below)
- Operating margin: −648.0% (−529.0 points on a year ago)
- ROCE: −27%, FY26
- ROIC: −158.2%, against a 12.0% cost of capital: −170.2 points
- Profit that came in as cash: 780%, last 3 years

The main question: the P/E is near the low end of its own history, higher than only 16% of past readings, but results are getting worse. A low multiple can stay low until the quarters turn. ## What is the BGR Energy Systems share price today? BGR Energy Systems Ltd's share price was ₹290.00 at the close on 3 November 2026. It has been falling for 10 weeks. That is 4.0% above its average price over the last 200 trading days. In the last 52 weeks it traded between ₹233 and ₹429, and at that close it sat 29% of the way up from that low. Over the past 13 weeks it has done better than the NIFTY 500, and it has stayed ahead for 4 weeks in a row. Over the last 11 years the share price moved +182% while the NIFTY 500 moved +251%, so it is behind the index over that whole period. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What changed at BGR Energy Systems this quarter? One change stood out: lowest operating margin in 15 quarters. 1. Lowest operating margin in 15 quarters Operating margin was -648% in the June 2026 quarter, against -119% a year earlier. ## What are BGR Energy Systems' latest quarterly results? For April to June 2026 (the quarter ended 30 June 2026), BGR Energy Systems reported revenue of ₹16.0 crore, down 82.0% from ₹89.0 crore a year earlier, and a loss of ₹223 crore. ### BGR Energy Systems results: April to June 2026 against a year earlier

| Measure | April to June 2026 | April to June 2025 | Change |
| --- | --- | --- | --- |
| Revenue | ₹16.0 crore | ₹89.0 crore | −82.0% |
| Profit | loss of ₹223 crore | loss of ₹266 crore | n/a |
| Earnings per share | ₹−31.06 | ₹−36.74 | n/a |
| Operating margin | −648.0% | −119.0% | −529.0 points |

The next results, for July to September 2026, are due by 14 November 2026: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter). (From the company's reported quarterly results (quarter ended 30 June 2026). Revenue and profit in ₹ crore.)

## What is the BGR Energy Systems share price history? BGR Energy Systems closed at ₹290.00 on 3 November 2026, down 33.8% from ₹438.30 a year earlier (31 October 2025) and up 352.4% over five years. Its highest weekly close since March 2016 was ₹444.05 on 24 October 2025. ### BGR Energy Systems share price: then and now

| When | Close | Change to 3 Nov 2026 |
| --- | --- | --- |
| 1 week ago · 23 Oct 2026 | ₹279.11 | +3.9% |
| 1 month ago · 1 Oct 2026 | ₹239.71 | +21.0% |
| 6 months ago · 30 Apr 2026 | ₹282.04 | +2.8% |
| 1 year ago · 31 Oct 2025 | ₹438.30 | −33.8% |
| 3 years ago · 3 Nov 2023 | ₹72.90 | +297.8% |
| 5 years ago · 4 Nov 2021 | ₹64.10 | +352.4% |
| 10 years ago · 4 Nov 2016 | ₹113.65 | +155.2% |
| Earliest weekly close in our records · 11 Mar 2016 | ₹102.70 | +182.4% |
| Highest weekly close since March 2016 · 24 Oct 2025 | ₹444.05 | −34.7% |
| Lowest weekly close since March 2016 · 27 Mar 2020 | ₹21.35 | +1,258.3% |
| 52-week high (weekly close) · 28 Nov 2025 | ₹428.75 | −32.4% |
| 52-week low (weekly close) · 11 Sep 2026 | ₹232.78 | +24.6% |

Weekly closing prices. Each change is the move from that price to the 3 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes. (560 weekly closes from 11 March 2016 to 3 November 2026.)

## What is the latest news on BGR Energy Systems? 3 Nov 2026: BGR Energy Systems closed at ₹290.00, up 3.9% on the week and up 21.0% on the month. Results for April to June 2026: Revenue down 82.0% on a year earlier. ## What dividend does BGR Energy Systems pay? BGR Energy Systems has paid no dividend on the NSE since 1 April 2021, the start of the period we checked. Not in its latest year. BGR Energy Systems Ltd paid out 0% of its profit as dividends in FY26. It did pay a dividend in 1 of its last 13 reported years, so there is a history but no current dividend. (From the NSE corporate-actions record, read 4 November 2026.)

## Which stock lists is BGR Energy Systems on? BGR Energy Systems is not on any of our India lists this week. ## Is BGR Energy Systems profitable? BGR Energy Systems Ltd posted a net loss of ₹223 Cr in the Jun 2026 quarter. That quarter includes a one-off gain bigger than its revenue, so the comparison with last year does not reflect normal business. The full FY26 year was a loss of ₹1,292 Cr. That loss is 1,393.8% of the quarter's revenue. The same quarter a year earlier lost ₹266 Cr. 11 of the last 12 reported quarters were loss-making. Read this profit with care: at −₹223 Cr it is bigger than the quarter's whole revenue of ₹16.0 Cr. No business earns more than it takes in from sales, so this is a one-off item (for example a debt settlement, a tax write-back or an asset sale), not money the business earned. The underlying business is running at a −648.0% operating margin. The jump on last year, and any P/E built on this profit, come from the one-off, not from a real turn in earnings. ## How much revenue does BGR Energy Systems make, and is it growing? BGR Energy Systems Ltd reported ₹16.0 Cr of revenue in the Jun 2026 quarter, −82.0% on the same quarter a year earlier. Over 10 years it has grown −21.2% a year on average. The last full year, FY26, came in at ₹300 Cr. The last four reported quarters add to ₹227 Cr. FY26 revenue was ₹300 Cr, −33.6% on the year before. Recent pace: the last four quarters grew −31.3% on average, against −21.2% a year over the longer run, so this year is growing slower than its own long-run rate. Is growth speeding up? Revenue over the last 12 months grew −38.3%, against −53.3% a year over the last 8 quarters (accelerating). ## How much of every ₹100 of sales does BGR Energy Systems keep? BGR Energy Systems Ltd's operating margin was −648.0% in the Jun 2026 quarter, 529.0 percentage points lower than the same quarter a year ago. Across 13 years it has been between −195.0% and 11.0%. The latest quarter is below every full year in that period. Why the margin moved: operating margin changed −528.8 percentage points on the year while gross margin changed −130.9 points. So the drop came mostly from costs below the gross margin, such as staff and overheads, measured against sales. ## Is BGR Energy Systems' profit turning into cash? Over the last 3 years, 780% of BGR Energy Systems Ltd's reported profit came in as cash from its operations, so the profit is backed by cash. In FY26 its operations used ₹23.0 Cr of cash, against −₹1,292 Cr of profit. After −₹16.0 Cr of spending on assets, free cash was −₹7.0 Cr: it spent more than its operations brought in. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. Why 780% of profit came in as cash: the cash cycle got 169 days shorter between FY21 and FY26, so cash that used to wait in the business now arrives sooner. What to look at next: it has been selling more assets than it buys. The next section shows those figures. ## Where does BGR Energy Systems' cash go? BGR Energy Systems Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was −572 days in FY26, down from −403 days in FY21. Over the last 3 years it sold more assets than it bought, by ₹29.0 Cr. Customers take 106 days to pay, and stock sits for 6 days on average. At FY26 sales of ₹300 Cr, each day of that cycle ties up about ₹0.8 Cr, so roughly −₹470 Cr is tied up in the business at any time. FY26: customers took 106 days to pay and stock sat for 6 days, about 0.2 months of sales sitting as stock, for a full cycle of −572 days, shorter than FY21's −403. The full loop: cash goes out to suppliers and production on day 0. Stock sits for 6 days. Customers pay about 106 days after that. Suppliers are paid at 684 days. Together that makes the −572-day cycle. Over the last 3 years, money from selling assets was ₹29.0 Cr more than it spent on new ones. Work still in progress is ₹0.0 Cr (FY26). In short: assets are being sold, not built, so this cash is not going into new capacity. ## What is BGR Energy Systems' P/E ratio, and how does it compare with its own history? BGR Energy Systems Ltd's P/E is 9.1×, near the low end of its own history: it has been lower only 16% of the time. Its usual P/E (the middle reading) is 18.9×, over 3.9 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth. Where the price move came from: over 3 years the price moved +58.4% a year; about +21.0% a year came from earnings growth and about +37.4 percentage points from the multiple (the market paying more). The split is approximate (price return minus earnings growth). It shows how much of the move came from the market paying a different multiple. In short: the multiple is low against its own past, so the earnings trend underneath matters more than the multiple. ## Is the BGR Energy Systems business getting better or worse? BGR Energy Systems Ltd's business trend cannot be read yet. There are fewer than eight usable quarters of growth figures, so there is not enough history to read the trend. This is based on 12 quarters of 1 measure, with some gaps. Why it matters: with too little history, we say so rather than guess a direction. The latest quarter’s profit includes a one-off item bigger than the normal business, so the profit line is shown but does not count in this reading. The return-on-capital line is not shown: net worth is negative, so a return on capital means nothing. The balance sheet is in distress, and this reading uses the growth lines alone. One or more growth lines have an extreme jump caused by comparing with a near-zero or loss-making quarter. Those jumps are capped before reading and drawn at the edge of the chart, so one odd quarter does not decide the result. There are fewer than eight usable quarters, so this page does not guess a direction from so little history. ## How much does BGR Energy Systems earn on its capital? BGR Energy Systems Ltd earned a ROCE of −27% in FY26. Its return on capital used (ROIC) is 170.2 percentage points below its cost of capital, so growth here does not yet pay for the capital it uses. It comes from a −430.7% net margin and 0.07× asset turnover (sales divided by assets). Why the return is what it is (FY26): a −430.7% net margin × 0.07× asset turnover × −1.51× leverage (assets divided by equity) ≈ 45.5% on equity. The margin does its share; borrowing plays a small part, so this return is earned, not borrowed. The key test, return on capital used minus the cost of capital: −158.2% − 12.0% = −170.2 percentage points. The 12.0% is a standard assumption for the cost of capital in India, not an estimate for this company. Read the sign and size of the gap, not the decimals. Negative: growth at these returns loses value until returns improve. ## Does BGR Energy Systems have too much debt? BGR Energy Systems Ltd's net worth is negative: it owes more than it owns, so a debt-to-equity ratio means nothing here. Year by year, that ratio went from 3.50 in FY22 to −1.56 in FY26. So the returns on this page come from the business, not from borrowed money. ## What is the BGR Energy Systems shareholding pattern? No group of BGR Energy Systems Ltd's owners changed its stake by a full percentage point over the last two years. Foreign institutions moved −0.1 points over the same period, to 0.0%. This uses the four owner groups that companies report every quarter; nothing is guessed between filings. Over the last two years: Domestic institutions: −0.3 points over 8 quarters, to 0.0%; Foreign institutions: −0.1 points over 8 quarters, to 0.0%; Promoters: +0.0 points over 8 quarters, to 51.0%. ## How far is BGR Energy Systems from balance-sheet trouble? For BGR Energy Systems Ltd, the Z-score is not available, so we say so rather than guess one. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. The debt, cash-flow and return sections show the balance-sheet figures we do have, each with its own date. ## How does BGR Energy Systems rank in its industry? 33.5 out of 100, rank 4 of 8 in Infra - Engineering - General, with 53% of the evidence available. BGR Energy Systems Ltd scores 33.5 out of 100 against the 8 companies it is compared with in Infra - Engineering - General, ranking 4. Some evidence is missing, so the score is pulled toward the middle on purpose. The four parts add up to the total exactly: 14 + 0.3 + 10 + 9.2 = 33.5. This is the same number shown on the industry page; it is worked out once for the whole group and read here. What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector. ## Which companies is BGR Energy Systems compared with? BGR Energy Systems ranks 4 of 8 Infra - Engineering - General companies on the 4-Factor Sector Score, with 33.5 out of 100. 1. [Engineers India Ltd](https://www.sectoralpha.in/stocks/engineers-india-ltd) ENGINERSIN · breaking out · Sector-leading setup · 100% evidence 85.9 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 27.6/35 · Revenue 6% · Profit 67.2% · Operating margin change 11 points · 100% evidence Capital efficiency 21.8/25 · ROCE 30.4% · Operating margin 21% · 100% evidence Valuation 16.5/20 · P/E 15.8× · PEG 0.54 · 100% evidence Relative strength 20.0/20 · Lead over its industry 17.7% · Lead over NIFTY 500 16% · 1 year 24.6% · 100% evidence · 11 of 12 weeks ahead Exact sum: 27.6 + 21.8 + 16.5 + 20 = 85.9 · What this means: Earnings, capital efficiency and relative strength all agree. The open questions are about management, upcoming events and risks. 2. [Axtel Industries Ltd](https://www.sectoralpha.in/stocks/axtel-industries-ltd) AXTEL · breaking out · Most evidence points up · 81% evidence 71.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 29.9/35 · Revenue 42.1% · Profit 97.3% · Operating margin change 2.3 points · 88% evidence Capital efficiency 15.1/25 · ROCE 30% · Operating margin 7.8% · 100% evidence Valuation 15.4/20 · P/E 21.3× · PEG 0.72 · 100% evidence Relative strength 10.8/20 · Lead over its industry n/a · Lead over NIFTY 500 1.2% · 1 year -13.6% · 25% evidence · 0 of 5 weeks ahead Exact sum: 29.9 + 15.1 + 15.4 + 10.8 = 71.2 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 3. [ISGEC Heavy Engineering Ltd](https://www.sectoralpha.in/stocks/isgec-heavy-engineering-ltd) ISGEC · breaking out · Evidence leans up · 96% evidence 58.7 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 19.0/35 · Revenue 19.5% · Profit 5.7% · Operating margin change -3 points · 88% evidence Capital efficiency 13.1/25 · ROCE 11.2% · Operating margin 6% · 100% evidence Valuation 7.1/20 · P/E 25.9× · PEG 1.64 · 100% evidence Relative strength 19.5/20 · Lead over its industry 10.6% · Lead over NIFTY 500 9% · 1 year 4.6% · 100% evidence · 4 of 12 weeks ahead Exact sum: 19 + 13.1 + 7.1 + 19.5 = 58.7 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 4. BGR Energy Systems Ltd this page BGRENERGY · turning · Too little evidence to rank firmly · 53% evidence 33.5 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 14.0/35 · Revenue -38.3% · Profit -10.9% · Operating margin change -529 points · 65% evidence Capital efficiency 0.3/25 · ROCE -26.9% · Operating margin -648% · 100% evidence Valuation 10.0/20 · P/E n/a · PEG n/a · 0% evidence Relative strength 9.2/20 · Lead over its industry n/a · Lead over NIFTY 500 -4.7% · 1 year -35.7% · 25% evidence · 2 of 12 weeks ahead Exact sum: 14 + 0.3 + 10 + 9.2 = 33.5 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose. 5. [Ircon International Ltd](https://www.sectoralpha.in/stocks/ircon-international-ltd) IRCON · quiet · Most evidence points down · 96% evidence 32.8 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 12.7/35 · Revenue -9.9% · Profit -22.2% · Operating margin change -1 points · 88% evidence Capital efficiency 9.8/25 · ROCE 9.3% · Operating margin 10% · 100% evidence Valuation 10.3/20 · P/E 17.4× · PEG 1.13 · 100% evidence Relative strength 0.0/20 · Lead over its industry -25.5% · Lead over NIFTY 500 -26.4% · 1 year -43% · 100% evidence · 0 of 12 weeks ahead Exact sum: 12.7 + 9.8 + 10.3 + 0 = 32.8 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 6. [EMS Ltd](https://www.sectoralpha.in/stocks/ems-ltd) EMSLIMITED · quiet · Most evidence points down · 81% evidence 31.3 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 7.3/35 · Revenue -34.1% · Profit -63.4% · Operating margin change -6 points · 88% evidence Capital efficiency 12.8/25 · ROCE 12.8% · Operating margin 17% · 100% evidence Valuation 3.2/20 · P/E 22.9× · PEG 2.09 · 100% evidence Relative strength 8.0/20 · Lead over its industry n/a · Lead over NIFTY 500 -18.9% · 1 year -46.8% · 25% evidence · 6 of 12 weeks ahead Exact sum: 7.3 + 12.8 + 3.2 + 8 = 31.3 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 7. [Bondada Engineering Ltd](https://www.sectoralpha.in/stocks/bondada-engineering-ltd) BONDADA · basing · Too little evidence to rank firmly · 50% evidence 61.1 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 17.7/35 · Revenue n/a · Profit n/a · Operating margin change -1 points · 45% evidence Capital efficiency 19.8/25 · ROCE 39.4% · Operating margin 11% · 76% evidence Valuation 15.0/20 · P/E 14× · PEG n/a · 50% evidence Relative strength 8.6/20 · Lead over its industry n/a · Lead over NIFTY 500 -10.8% · 1 year -39% · 25% evidence · 1 of 5 weeks ahead Exact sum: 17.7 + 19.8 + 15 + 8.6 = 61.1 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose. 8. [Artson Ltd](https://www.sectoralpha.in/stocks/artson-ltd) ARTSON · Too little evidence to rank firmly · 48% evidence 28.9 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 10.3/43.75 · Revenue 8.7% · Profit -80% · Operating margin change -2.9 points · 83% evidence Capital efficiency 6.1/31.25 · ROCE -14.6% · Operating margin 4.5% · 76% evidence Valuation 12.5/25 · P/E n/a · PEG n/a · 0% evidence Relative strength: no reading this week · its 20 points are shared across the other three Exact sum: 10.3 + 6.1 + 12.5 = 28.9 (no relative-strength reading this week; its 20 points are shared across the other three) · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose. Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led NIFTY 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read. The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section. Related companies: [Infra - Engineering - General](https://www.sectoralpha.in/sectors/infra-engineering-general), all 8 compared on one page. ## Which companies are close to BGR Energy Systems in size? BGR Energy Systems is the 5th largest of 8 Infra - Engineering - General companies on Sector Alpha by market value (scores of 30 October 2026). Just above it: Ircon International, ISGEC Heavy Engineering and Bondada Engineering. Just below it: EMS, Axtel Industries and Artson. ### Infra - Engineering - General companies close in size

1. [Ircon International Ltd](https://www.sectoralpha.in/stocks/ircon-international-ltd) ₹9,088 crore
2. [ISGEC Heavy Engineering Ltd](https://www.sectoralpha.in/stocks/isgec-heavy-engineering-ltd) ₹6,762 crore
3. [Bondada Engineering Ltd](https://www.sectoralpha.in/stocks/bondada-engineering-ltd) ₹2,943 crore
4. BGR Energy Systems Ltd ₹2,034 crore
5. [EMS Ltd](https://www.sectoralpha.in/stocks/ems-ltd) ₹1,560 crore
6. [Axtel Industries Ltd](https://www.sectoralpha.in/stocks/axtel-industries-ltd) ₹666 crore
7. [Artson Ltd](https://www.sectoralpha.in/stocks/artson-ltd) ₹576 crore

[All 8 Infra - Engineering - General companies, largest first](https://www.sectoralpha.in/sectors/infra-engineering-general#all-companies)

### Companies close in size in other industries

1. [Mukand Ltd](https://www.sectoralpha.in/stocks/mukand-ltd) ₹2,044 crore · Steel
2. [Utkarsh Small Finance Bank Ltd](https://www.sectoralpha.in/stocks/utkarsh-small-finance-bank-ltd) ₹2,039 crore · Banks - Small Finance
3. BGR Energy Systems Ltd ₹2,034 crore
4. [Jain Irrigation Systems Ltd](https://www.sectoralpha.in/stocks/jain-irrigation-systems-ltd) ₹2,034 crore · Irrigation System
5. [Max India Ltd(Merged)](https://www.sectoralpha.in/stocks/max-india-ltd-merged) ₹2,029 crore · Hospitals & Diagnostics

## What else do people ask about BGR Energy Systems? ### What is BGR Energy Systems's share price today? BGR Energy Systems Ltd's share price is ₹290.00, −33.8% over the past year. The whole company is worth ₹2,092 Cr on the market. In the last 52 weeks it traded between ₹233 to ₹429; today it is 29% of the way up from the low, 4.0% above its 200-day average (as of 3 November 2026). ### What were BGR Energy Systems's latest quarterly results? BGR Energy Systems Ltd reported revenue of ₹16.0 Cr and a net loss of ₹223 Cr for the Jun 2026 quarter. Earnings per share were −₹31.06. The operating margin was −648.0%, 529.0 percentage points lower than a year earlier (as of 3 November 2026). ### What is BGR Energy Systems's market cap? BGR Energy Systems Ltd's market capitalisation is ₹2,092 Cr at a share price of ₹290.00. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### How is BGR Energy Systems performing? BGR Energy Systems Ltd's share price has been falling for 10 weeks. Over the past 13 weeks it has done better than the NIFTY 500, for 4 weeks running. This describes what the data did, not a rating (as of 3 November 2026). ### Will BGR Energy Systems's share price go up? This page does not forecast BGR Energy Systems Ltd's share price. What it shows instead: the share price is ₹290.00, and it has been falling for 10 weeks. Its P/E of 9.1× is higher than 16% of its own last 4 years (as of 3 November 2026). ### Who owns BGR Energy Systems? Promoters own 51.0% of BGR Energy Systems Ltd, foreign institutions 0.0%, domestic institutions 0.0% and the public 49.0% (latest quarter). No group of owners changed its stake by a full point over the last two years (as of 3 November 2026). ### Does BGR Energy Systems have too much debt? No, BGR Energy Systems Ltd has little debt: its debt is −1.59× its equity, and its operating profit is −1 times its interest bill. FY26 borrowings were ₹4,535 Cr against equity of −₹2,861 Cr. So the returns on this page come from the business, not borrowed money (as of 3 November 2026). ### What is BGR Energy Systems's capex? BGR Energy Systems Ltd sold more long-term assets (plants, machines and the like) than it bought over the last 3 years, by ₹29.0 Cr, worked out from the change in fixed assets plus depreciation. Depreciation over the same years was ₹37.0 Cr (as of 3 November 2026). ### Is BGR Energy Systems's profit real cash? Yes, over the last 3 years, 780% of BGR Energy Systems Ltd's reported profit came in as cash from operations. The latest year was lower at 2%, so the trend is worth watching. In FY26, operating cash was −₹23.0 Cr against reported profit of −₹1,292 Cr. Most of that cash then goes into a mix of the daily operating cycle and new capacity. These are yearly figures (as of 3 November 2026). ### Where is BGR Energy Systems in its business cycle? BGR Energy Systems Ltd's FY26 operating margin was −195.0%, against a 13-year range of −195.0% to 11.0%: the low end of its own range, which is often where recoveries start. The latest quarter was −648.0%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 3 November 2026). ### What could break the BGR Energy Systems story? The main question: the P/E is near the low end of its own history, higher than only 16% of past readings, but results are getting worse. A low multiple can stay low until the quarters turn. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 3 November 2026). ### Is BGR Energy Systems a stock worth studying right now? What the numbers show: BGR Energy Systems Ltd's balance sheet is under water: its net worth is negative, so it owes more than it owns. The latest quarter's profit comes from a one-off item larger than a full quarter's revenue, not from the business. This is a high-risk situation: shareholders can be wiped out by new shares or a restructuring before the business recovers. The main open question: whether the business can earn its way back to positive net worth before new shares or a restructuring get there first. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 3 November 2026). This is research, not advice. We’re not SEBI-registered.