Sector Alpha Week of 2026-07-31
Sector Alpha — machine-written from the numbers · Data as of 2026-07-31

Bharat Global Developers Ltd

BGDL
Diversified

Bharat Global Developers Ltd's three tracks disagree. Price, valuation and the earnings engine each tell a different story — the next quarter or two settles it.

The sharpest disagreement: annual EPS moved +364.7% against a −92.2% price move — the market has not yet caught up with the delivery.

The price is in a downtrend (39 weeks in) while the P/E sits at the 76th percentile of its own 1-year range. Underneath, the last four quarters read deteriorating — profit −127.3% year on year, and −1,326% of the last 2 years' profit arrived as cash. What settles it: whether the price catches up with earnings that have already moved.

Price
₹92.1
−92.2% 1Y
P/E
291.0×
76th pctile
of its own 1-year range
Revenue (Dec 25)
₹0.0 Cr
−100.0% YoY
Profit (Dec 25)
₹−0.4 Cr
−127.3% YoY
ROCE
11%
FY25
Cash conversion
−1,326%
of profit, last 2 FY
Unverified figures: Some figures on this page come from a second financial-data feed that could not be cross-checked against the primary source — the two do not share enough overlapping reported history to compare. They are drawn, because they are the only evidence there is, and every section carrying one is marked unverified.
01 · Price story

Price story Before the numbers, the tape. A stock price moves through four repeating seasons: a flat base (stage 1), an advance (2), a top (3), a decline (4). Where the price sits in that cycle frames everything below.

Bharat Global Developers Ltd trades at ₹92.1, in a downtrend and 39 weeks into that stage. That is −55.8% against its own 200-day average. It sits at 1% of a 52-week range of ₹76 to ₹1,464. On relative strength it is currently behind the NIFTY 500 on a trailing-13-week view (14 weeks and counting).

Today the stock is in a downtrend — week 39 of stage 4, confirmed. At ₹92.1 it trades −55.8% versus its 200-day average and sits at 1% of its 52-week range (₹76–₹1,464).

Mar 26: ₹92.1 Weekly closing price (₹) with 50- and 200-day averages; shaded bands mark the price stage (grey base, green advance, amber top, red decline). 3-year window.
−55.8% versus the 200-day line, week 39 of stage 4
Price50-day avg200-day avg
S4S2S4₹1,580₹1,160₹739₹319₹−101₹92₹209Apr 23Mar 24Oct 24Aug 25Mar 26
S4S2S4₹1,580₹1,160₹739₹319₹−101₹92₹209Apr 23Oct 24Mar 26
Beating or trailing, week by week since 2016 Each cell is one week from 2016 to now (234 weeks): the stock's trailing 13-week return minus the NIFTY 500's, green ahead / red behind (±25% ramp). Grey cells are the 13-week warm-up or weeks where the NIFTY 500 reading is not held.
trailing 13-week return vs the NIFTY 500
Mar 16Mar 26

Against the market, two honest reads. Cumulative: over the last 10.0 years the stock moved +309% while the NIFTY 500 moved +260% — ahead of the index over the full window. Recent form: on a trailing-13-week view the stock is currently behind (14 weeks and counting; last ahead the week of 2025-11-28) — the ribbon below is that same metric, week by week.

What would end the trend, mechanically: two Friday closes in a row below the 200-day line. That is the exit rule — no debates.

02 · Valuation

Valuation P/E is the price of ₹1 of annual profit: how many rupees the market pays for each rupee the company earns in a year.

Bharat Global Developers Ltd trades at 291.0× P/E, at the pricey end of its own range (76th percentile). Its long-run median P/E is 149.3×, measured across 1.3 years of weekly readings. This places the multiple against the stock’s own record, and says nothing about what the business is worth.

Today's P/E of 291.0× is at the pricey end of its own range (76th percentile), against a long-run median of 149.3× measured over 1.3 years of weekly readings. This is a comparison against the stock's own history — not a claim about what it is worth.

P/E 291.0× vs a 149.3× long-run median P/E, weekly (left axis); earnings per share, trailing twelve months, weekly (right axis). 1.3-year window; loss-period spikes above 448× shown pinned at the top. The eps (ttm) bars are red where the reading is lower than the quarter before.
at the pricey end of its own range (76th percentile)
P/EMedianEPS (TTM) (quarterly)
479.8×₹10.9363.7×₹8.2247.7×₹5.5131.6×₹2.715.5×₹0.0×287.90×₹0Nov 24May 25Aug 25Nov 25Mar 26
479.8×₹10.9363.7×₹8.2247.7×₹5.5131.6×₹2.715.5×₹0.0×287.90×₹0Nov 24Aug 25Mar 26
P/E
291.0×
76th percentile of 1y

Why the multiple sits where it does: over the past year annual EPS moved +364.7% against a −92.2% price move — earnings outran the price, pushing the multiple DOWN its own range.

Put together: the multiple is full against its own past, so the story rests on the earnings line underneath it, not the multiple.

03 · Stage: No read

Stage: No read Every business sits somewhere on a fundamental arc, and this page names the spot before anything else. The last twelve quarters of revenue, profit and EPS growth — plus the return the business earns on its capital — are read as curves: Deteriorating (the curves are falling), Turning around (a trough has just formed and the last few quarters lift off it), Improving (the climb off the trough is sustained), Consistent (steadily positive with healthy returns), Topping out (still high but decelerating from the peak). When the curves genuinely disagree the read is Mixed; too little history is No read. CAGR (compound annual growth rate) is the smooth yearly pace that turns the starting value into the latest one — the fairest way to compare growth across different time spans. Read the columns together: if the 1-year number towers over the 10-year, recent growth is running hotter than the long-run trend. A dash means that window is not held, or the base year was a loss (where a growth rate is not meaningful).

Bharat Global Developers Ltd reads as no read on its fundamental arc. Under eight usable quarters on the growth trio — not enough history for an honest trajectory read. The read is built from 5 quarters across 1 curve, on partial evidence.

Growth, year by year: revenue +2,473.1% in FY25, profit +433.3% Year-over-year growth per fiscal year, %: revenue (left axis); net profit and EPS (right axis — profit growth swings far wider). Zero line drawn. Turnaround-year spikes shown pinned (▲).
Revenue YoYProfit YoYEPS YoY
2,679%332%1,933%216%1,187%100%440%−16%−306%−132%%%2,473.1%300%FY15FY20FY25
2,679%332%1,933%216%1,187%100%440%−16%−306%−132%%%2,473.1%300%FY15FY20FY25
Three growth curves, twelve quarters Year-on-year growth of trailing-twelve-month revenue (left axis), profit and EPS (right axis — they swing far wider), % at each quarter-end. Base-effect spikes shown pinned (▲). A missing point means that reading is not held for the quarter.
the trajectory the stage is read from · revenue rolling over, profit rolling over
RevenueProfitEPS
330%332%221%217%113%102%4.5%−12%−104%−127%%%−74%−80.8%−81%Mar 23Jun 24Dec 25
330%332%221%217%113%102%4.5%−12%−104%−127%%%−74%−80.8%−81%Mar 23Jun 24Dec 25
ROCE Annual readings — the quarterly balance-sheet pieces this curve needs are not held for this stock, so the returns read moves once a year and carries less weight in the call.
the return curve, annual readings
ROCE
12%8.7%5.5%2.3%−0.9%%11%FY22FY23FY25
12%8.7%5.5%2.3%−0.9%%11%FY22FY23FY25
ROCE
Rising
latest 11.0% · span 0.0%–11.0%

Why it matters: with too little history, an honest page says so instead of guessing a trajectory.

Return readings here are annual, not quarterly — read as level and direction only; they can confirm the growth curves but never drive the stage on their own.

Fewer than eight usable quarters on the growth curves — this page will not guess a trajectory from a stub of history.

Compound annual growth rate (%) Compound annual growth rate over each window, %. Revenue, profit and EPS from fiscal-year figures; share price is the price CAGR over the same spans. A dash = that window is not held, or the base was a loss.
1yr3yr5yr10yr
Revenue+2,473.1%
Profit+433.3%
EPS+364.7%+24.3%
Share price−92.2%+84.9%+41.7%+15.1%
Revenue YoY (Dec 25)
−100.0%
latest quarter vs a year ago
Profit YoY (Dec 25)
−127.3%
latest quarter vs a year ago
04 · 4-Factor Sector Score

4-Factor Sector Score

46.9/100 — rank 18 of 20 in Diversified · 47% evidence confidence · provisional, ranked below fully-evidenced peers

Bharat Global Developers Ltd scores 46.9 out of 100 against the 20 companies it is compared with in Diversified, ranking 18. Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.

The four contributions add to the total exactly: 15.6 + 10.8 + 8.5 + 12 = 46.9. This is the SAME number shown on the sector comparison — it is computed once, for the whole peer set, and read here.

What would change it: The read weakens if profit growth turns negative or margin improvement reverses while sector-relative strength deteriorates.

05 · Revenue

Revenue Revenue is the top line: everything the company billed its customers in the period.

Bharat Global Developers Ltd reported ₹0.0 Cr of revenue in the Dec 25 quarter, −100.0% year on year. The last full year, FY25, came in at ₹669 Cr. The last four reported quarters add to ₹148 Cr. A multi-year compound rate is not shown because the annual history behind it is too short to compute one honestly.

FY25 revenue came in at ₹669 Cr (+2,473.1% on the year). The latest quarter (Dec 25) printed ₹0.0 Cr, −100.0% year on year.

FY25 revenue ₹669 Cr (+2,473.1% YoY) Revenue bars, ₹ Cr (left); YoY growth-% line (right). 11-year window. A bar is red when it is lower than the year before.
RevenueYoY growth
7232,679%5421,933%3611,187%181440%0−306%₹ Cr%₹6692,473.1%FY15FY20FY25
7232,679%5421,933%3611,187%181440%0−306%₹ Cr%₹6692,473.1%FY15FY20FY25
Dec 25: ₹0.0 Cr (−100.0% YoY) Quarterly revenue bars, ₹ Cr (left); YoY growth-% line (right). Last 12 quarters. A bar is red when it is lower than the quarter before.
Revenue (quarterly)YoY growth
298434%224291%149147%750.0%0−140%₹ Cr%₹0−100%Mar 23Jun 24Dec 25
298434%224291%149147%750.0%0−140%₹ Cr%₹0−100%Mar 23Jun 24Dec 25

Acceleration check: trailing-twelve-month revenue grew −74.0% over the last 4 quarters against +1,088.3%/yr over the last 8 — rolling over; TTM profit −80.8% vs +158.6%/yr — rolling over.

06 · Operating margin

Operating margin Operating margin is what is left of every ₹100 of sales after running the business, before interest and tax. It is the cleanest read on pricing power and cost control.

A clean operating margin is not in our numbers for Bharat Global Developers Ltd — its accounts do not report the operating-profit line this section reads, which is common for lenders and holding companies. The sections above and below carry the readings this company's filings do support.

This company's accounts do not report the operating-profit line this section reads — common for lenders and holding companies classified outside the financial bucket. The revenue and net-profit sections are the cleaner reads for Bharat Global Developers Ltd.

Why the margin moved: operating margin went +4.2 pp year on year while gross margin went +0.3 pp — the gain came mostly below the gross line: operating leverage, with costs spread over a bigger revenue base.

FY25: 1.0% Operating margin by fiscal year, %, line (left); year-on-year change in the margin, in percentage points, line (right). 11-year window.
within a −7.0–33.0% band over 11 years
operating marginYoY change (pp)
36%38%25%19%13%0.0%1.4%−19%−10%−38%%%1%−17%FY14FY19FY25
36%38%25%19%13%0.0%1.4%−19%−10%−38%%%1%−17%FY14FY19FY25
Dec 25: null% operating margin (null pp YoY) Quarterly operating margin, %, line (left); year-on-year change in the margin, in percentage points, line (right). Last 12 quarters. Operating profit as a share of revenue, per quarter.
Operating marginYoY change (pp)
66%9.4%48%−9.3%31%−28%13%−47%−4.8%−65%%%4.2%4.2%Mar 23Jun 24Dec 25
66%9.4%48%−9.3%31%−28%13%−47%−4.8%−65%%%4.2%4.2%Mar 23Jun 24Dec 25
07 · Net profit

Net profit Net profit is what survives every cost, interest and tax — the number EPS, dividends and book value all grow from.

Bharat Global Developers Ltd posted a net loss of ₹0.4 Cr in the Dec 25 quarter. Full-year FY25 profit was ₹16.0 Cr. The same quarter a year earlier earned ₹1.4 Cr. 1 of the last 12 reported quarters were loss-making.

Dec 25 profit was ₹−0.4 Cr, −127.3% year on year. On the full year, FY25 printed ₹16.0 Cr (+433.3%).

FY25 profit ₹16.0 Cr (+433.3% YoY) Net profit bars, ₹ Cr (left); YoY growth-% line (right). 11-year window. A bar is red when it is lower than the year before.
Net profitYoY growth
17434.5%13433.9%9433.3%4432.7%0432.1%₹ Cr%₹16433.3%FY15FY20FY25
17434.5%13433.9%9433.3%4432.7%0432.1%₹ Cr%₹16433.3%FY15FY20FY25
Dec 25: ₹−0.4 Cr (−127.3% YoY) Quarterly net profit bars, ₹ Cr (left); YoY growth-% line (right). Last 12 quarters. A bar is red when it is lower than the quarter before.
Net profit (quarterly)YoY growth
11215%8123%531%2−61%−1−153%₹ Cr%₹0−127.3%Mar 23Jun 24Dec 25
11215%8123%531%2−61%−1−153%₹ Cr%₹0−127.3%Mar 23Jun 24Dec 25

Pace comparison, last four quarters: profit −73.8% vs revenue +33.5%. Profit is growing slower than sales — costs are eating the growth before it reaches the bottom line.

08 · Cash flow — the router

Cash flow — the router The P&L says what was earned; the cash-flow statement says what actually arrived. Operating cash flow (CFO) against profit is the cleanest lie detector in the accounts.

Over the last 2 fiscal years −1,326% of Bharat Global Developers Ltd's reported profit arrived as operating cash — a gap worth watching. In FY25 that was ₹−156 Cr of operating cash against ₹16.0 Cr of profit. After ₹1.0 Cr of capital spending, ₹−157 Cr was left as free cash.

FY25: operating cash of ₹−156 Cr against reported profit of ₹16.0 Cr, leaving free cash of ₹−157 Cr after ₹1.0 Cr of capital spending. Across the last 2 fiscal years the conversion rate is −1,326% of profit.

Cash-flow readings here are annual — that is the resolution our series carries, so this section moves once a year.

FY25: CFO ₹−156 Cr vs profit ₹16.0 Cr Operating cash flow and net profit by fiscal year, ₹ Cr; the line is free cash flow (CFO minus capital spending). 11-year window, annual resolution.
−1,326% of 2-year profit arrived as cash
Operating cashNet profitFree cash
30−20−71−121−171₹ Cr₹−156₹16₹−157FY15FY20FY25
30−20−71−121−171₹ Cr₹−156₹16₹−157FY15FY20FY25
FY25: CFO = −975% of profit (three-year rate −1,326%) Operating cash as a share of net profit, per fiscal year, % (line). Dashed line = 100% — every unit of profit arriving as cash.
Conversion100%
364%−593%−1,550%−2,507%−3,464%%−975%FY15FY20FY25
364%−593%−1,550%−2,507%−3,464%%−975%FY15FY20FY25

🚨 Why conversion sits at −1,326%: the cash cycle tightened 184 days between FY19 and FY25 — cash that used to wait in the cycle now reaches the bank sooner. Less than 70% of profit arriving as cash is the thing to watch on this page.

Router verdict: no single sink dominates — the next section checks both the working-capital cycle and the capital spending.

09 · Where the cash goes

Where the cash goes Working capital is the cash tied up between paying suppliers and getting paid: debtor days (customers owe), inventory days (stock waits), and the cash conversion cycle (the whole loop, in days of sales).

Bharat Global Developers Ltd's cash conversion cycle runs 100 days in FY25, down from 284 days in FY19. Capital spending ran ₹1.0 Cr over the last 3 years. At FY25 sales of ₹669 Cr each day of that cycle holds about ₹1.8 Cr, so roughly ₹183 Cr sits inside the business at any moment.

FY25: debtors at 191 days, inventory at 7 days — roughly 0.2 months of stock waiting to sell; that is where the cash sits while it waits — for a full cycle of 100 days, tighter than FY19's 284.

The full loop: cash goes out to suppliers and production on day 0; stock waits 7 days to sell; customers pay about 191 days after that; and suppliers themselves are paid at 98 days — netting out to the 100-day cycle.

In money terms: at FY25 sales of ₹669 Cr, each day of the cycle holds about ₹1.8 Cr — so the 100-day loop keeps roughly ₹183 Cr sitting inside the business at any moment.

FY25: a 100-day cash cycle Debtor days, inventory days, payable days and the cash conversion cycle by fiscal year. 11-year window.
−184 days vs FY19
Cash cycleInventory daysDebtor daysPayable days
2,6971,9731,249524−200days100d7d191d98dFY14FY16FY19FY21FY25
2,6971,9731,249524−200days100d7d191d98dFY14FY19FY25

On the investment side: capital spending of ₹1.0 Cr over the last 3 fiscal years. Capital work-in-progress stands at ₹0.0 Cr (FY25) — capacity paid for but not yet earning.

FY25: capex ₹1.0 Cr, work-in-progress ₹0.0 Cr Capital spending per fiscal year, ₹ Cr (bars); capital work-in-progress, ₹ Cr (line). Quarterly capital-spending history is not held for India — annual is the honest resolution.
steady investment
CapexWork-in-progress
1.10.80.50.30.0₹ Cr₹1₹0FY15FY17FY20FY22FY25
1.10.80.50.30.0₹ Cr₹1₹0FY15FY20FY25

The synthesis: neither the cycle nor the build-out is hoarding the cash — the machine is reasonably clean.

10 · Return on capital

Return on capital Return on capital employed (ROCE) is the profit the whole business earns on all the money in it — equity and debt together. It is the single best test of whether growth creates value or just size.

Bharat Global Developers Ltd earns a ROCE of 11% in FY25. That is up from a trough of −2% in FY14. A return-on-invested-capital spread against the cost of capital is not computable from what is held here. The wiring behind it is 2.4% net margin on 1.31× asset turns.

FY25 ROCE is 11%, recovered from a FY14 trough of −2% — the full ladder below shows the fall and the climb, undoctored.

Why the return is what it is — the wiring (FY25): 2.4% net margin × 1.31× asset turns × 2.69× balance-sheet leverage ≈ 8.5% on equity. Margin does its share; leverage is a meaningful part of the equation.

FY25: ROCE 11% Return on capital employed by fiscal year, % (line). 12-year window, dips included. Dashed line = the 12.0% cost of capital used on this page.
the climb back from FY14's −2%
ROCEWACC
13%9.1%5.0%0.9%−3.1%%11%FY14FY16FY19FY22FY25
13%9.1%5.0%0.9%−3.1%%11%FY14FY19FY25
11 · Debt

Debt Debt-to-equity says how much of the business is funded by borrowings; interest cover says how many times operating profit pays the interest bill. Low and high, respectively, is the safe corner.

Bharat Global Developers Ltd carries ₹88.0 Cr of borrowings against ₹190 Cr of equity in FY25, a debt-to-equity of 0.46. Over 5 years borrowings went from ₹4.0 Cr to ₹88.0 Cr. Capital spending ran ₹1.0 Cr across the last 3 of those years.

FY25: borrowings of ₹88.0 Cr against equity of ₹190 Cr — a debt-to-equity of 0.46. Over 5 years borrowings went from ₹4.0 Cr to ₹88.0 Cr while capital spending ran ₹1.0 Cr in just the last 3 — part of the build-out is riding on borrowed money.

FY25: borrowings ₹88.0 Cr at 0.46× equity Borrowings by fiscal year, ₹ Cr (bars); debt-to-equity, × (line). 12-year window. Quarterly balance-sheet history is not held for India — annual is the honest resolution.
the debt trajectory
BorrowingsDebt-to-equity
959.6×717.1×484.5×241.9×0−0.7×₹ Cr×₹880.46×FY14FY16FY19FY22FY25
959.6×717.1×484.5×241.9×0−0.7×₹ Cr×₹880.46×FY14FY19FY25
12 · Ownership

Ownership Who owns the stock, quarter by quarter: promoters (the controlling owners), foreign and domestic institutions, and the public. Steady accumulation by people close to the numbers is a signal; a quiet register is also an answer.

No holder of Bharat Global Developers Ltd moved a full percentage point over the last two years — the register is quiet. The register is read on the four disclosed classes only; nothing is inferred between filings.

The register over the last two years — .

Fiscal-year ends: promoters +0.0 pts from Mar 23 to Mar 25 Shareholding at each fiscal-year end (March quarter), % of the company. 3 year-ends held.
Public
100.00%100.00%100.00%99.99%99.99%%100.0%Mar 23Mar 24Mar 25
100.00%100.00%100.00%99.99%99.99%%100.0%Mar 23Mar 24Mar 25
A quiet register: no holder moved a full point in two years Shareholding by holder class, % of the company, quarterly, last 12 quarters.
Public
100.01%100.01%100.00%99.99%99.99%%100.0%Mar 23Jun 24Dec 25
100.01%100.01%100.00%99.99%99.99%%100.0%Mar 23Jun 24Dec 25
13 · Safety line

Safety line The Z-score estimates how far a company sits from balance-sheet distress — above roughly 3 is safe, below roughly 1.8 is the danger zone. It was built for manufacturers, so it is not applied to banks and lenders.

Bharat Global Developers Ltd: the Z-score is not available for this stock, so we say so rather than invent one. It is a distance-to-distress estimate from the balance sheet, not a forecast of failure. The debt, cash-flow and return sections above carry the balance-sheet evidence this page does hold, and each of them states its own reporting date.

The safety line in one sentence: the Z-score is not available for this stock, so we say so rather than invent one.

14 · Related companies · Diversified
CompanyScorePrice stageGrowth & earnings/35Capital efficiency/25Valuation/20Relative strength/20
1Indiabulls LimitedIBULLSLTD 61.6/100Mixed-positive evidence67% evidence LEADER 18.3/35 Revenue 100% · PAT 100% · OPM change 28 pp 71% evidence 14.2/25 ROCE 16.2% · OPM 43% 76% evidence 10.6/20 P/E 13.2× · PEG — 15% evidence 18.5/20 RS sector 45.4% · RS bench 50.9% · 1Y 82.1%12 of 12 weeks ahead 100% evidence
Exact sum: 18.3 + 14.2 + 10.6 + 18.5 = 61.6 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
2BCL Industries LtdBCLIND 61.0/100Mixed-positive evidence83% evidence FADING 19.3/35 Revenue -0.8% · PAT 21.1% · OPM change 2 pp 83% evidence 14.4/25 ROCE 13.9% · OPM 9% 95% evidence 13.1/20 P/E 9.4× · PEG — 50% evidence 14.2/20 RS sector -0.4% · RS bench 4.6% · 1Y -17.6%9 of 12 weeks ahead 100% evidence
Exact sum: 19.3 + 14.4 + 13.1 + 14.2 = 61 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
33M India Ltd3MINDIA 59.1/100Mixed-positive evidence90% evidence TURNING 17.6/35 Revenue 11.5% · PAT -7.5% · OPM change -1.8 pp 88% evidence 20.0/25 ROCE 40.5% · OPM 17.2% 100% evidence 11.7/20 P/E 63.8× · PEG 1.25 100% evidence 9.8/20 RS sector -3.7% · RS bench 3.4% · 1Y 10.8%2 of 10 weeks ahead 70% evidence
Exact sum: 17.6 + 20 + 11.7 + 9.8 = 59.1 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
4Grasim Industries LtdGRASIM 57.6/100Mixed-positive evidence78% evidence LEADER 22.9/35 Revenue 18.1% · PAT 32.8% · OPM change 1 pp 83% evidence 12.8/25 ROCE 8% · OPM 21% 76% evidence 6.7/20 P/E 42.2× · PEG — 50% evidence 15.2/20 RS sector 2.2% · RS bench 6.9% · 1Y 14.5%11 of 12 weeks ahead 100% evidence
Exact sum: 22.9 + 12.8 + 6.7 + 15.2 = 57.6 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
5Sobhagya Mercantile Ltd512014 56.7/100Mixed-positive evidence71% evidence ASLEEP 18.6/35 Revenue 49.3% · PAT 41.8% · OPM change -3.7 pp 83% evidence 18.5/25 ROCE 23.4% · OPM 10.9% 76% evidence 9.7/20 P/E 43.3× · PEG — 15% evidence 9.9/20 RS sector -1% · RS bench 3.7% · 1Y 62.5%6 of 12 weeks ahead 100% evidence
Exact sum: 18.6 + 18.5 + 9.7 + 9.9 = 56.7 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
6Texmaco Infrastructure & Holdings LtdTEXINFRA 55.9/100Mixed-positive evidence76% evidence LEADER 24.3/35 Revenue 9.9% · PAT 100% · OPM change 78.8 pp 83% evidence 5.5/25 ROCE 1.4% · OPM -41.9% 95% evidence 8.7/20 P/E 133× · PEG — 15% evidence 17.4/20 RS sector 7.9% · RS bench 12.9% · 1Y 15.7%8 of 12 weeks ahead 100% evidence
Exact sum: 24.3 + 5.5 + 8.7 + 17.4 = 55.9 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
7Kalind Ltd526935 55.2/100Mixed-positive evidence67% evidence BASING 23.6/35 Revenue — · PAT — · OPM change 21 pp 52% evidence 18.2/25 ROCE 32% · OPM 63% 76% evidence 10.6/20 P/E 21.8× · PEG — 50% evidence 2.8/20 RS sector -84.1% · RS bench 2% · 1Y -44.6%1 of 12 weeks ahead 100% evidence
Exact sum: 23.6 + 18.2 + 10.6 + 2.8 = 55.2 · Decision use: Acceleration candidate, not a confirmed leader: earnings are strong but sector-relative strength is -84.1% and the one-year return is -44.6%. Do not upgrade until sector-relative strength is above zero and another reported period confirms growth.
8Balmer Lawrie & Company LtdBALMLAWRIE 53.8/100Mixed-positive evidence82% evidence ASLEEP 16.6/35 Revenue 8.9% · PAT 3.8% · OPM change 1 pp 95% evidence 15.3/25 ROCE 14.6% · OPM 13% 76% evidence 14.5/20 P/E 10.6× · PEG — 50% evidence 7.4/20 RS sector -13.8% · RS bench -9.4% · 1Y -20.2%2 of 12 weeks ahead 100% evidence
Exact sum: 16.6 + 15.3 + 14.5 + 7.4 = 53.8 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
9Tube Investments of India LtdTIINDIA 46.1/100Mixed-negative evidence96% evidence ASLEEP 18.6/35 Revenue 17.4% · PAT 6.1% · OPM change 2 pp 88% evidence 17.9/25 ROCE 17.1% · OPM 9% 100% evidence 2.0/20 P/E 80.6× · PEG 9.63 100% evidence 7.6/20 RS sector -9.1% · RS bench -4.8% · 1Y -4.5%9 of 12 weeks ahead 100% evidence
Exact sum: 18.6 + 17.9 + 2 + 7.6 = 46.1 · Decision use: Strong business, demanding price: keep it on the quality list, but require either earnings upgrades or valuation compression.
10Nurture Well Industries Ltd531889 45.0/100Mixed-negative evidence71% evidence ASLEEP 15.8/35 Revenue 34% · PAT 27% · OPM change -9.1 pp 83% evidence 15.0/25 ROCE 22.9% · OPM 0.2% 76% evidence 11.5/20 P/E 8.6× · PEG — 15% evidence 2.7/20 RS sector -21.8% · RS bench -18.1% · 1Y 23.1%0 of 12 weeks ahead 100% evidence
Exact sum: 15.8 + 15 + 11.5 + 2.7 = 45 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
11Bluspring Enterprises LtdBLUSPRING 43.0/100Thin evidence · provisional57% evidence TURNING 18.4/35 Revenue 11.8% · PAT 90.6% · OPM change 0.7 pp 71% evidence 3.5/25 ROCE 5.1% · OPM 2.2% 95% evidence 8.9/20 P/E 114× · PEG — 15% evidence 12.2/20 RS sector — · RS bench 51.5% · 1Y 23.7%10 of 10 weeks ahead 25% evidence
Exact sum: 18.4 + 3.5 + 8.9 + 12.2 = 43 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
12Nava LtdNAVA 41.7/100Mixed-negative evidence89% evidence ASLEEP 9.8/35 Revenue 7.8% · PAT -27.6% · OPM change -5 pp 88% evidence 14.3/25 ROCE 12.8% · OPM 32% 100% evidence 13.1/20 P/E 20.5× · PEG 1.16 65% evidence 4.5/20 RS sector -13.4% · RS bench -9.3% · 1Y -9.6%3 of 12 weeks ahead 100% evidence
Exact sum: 9.8 + 14.3 + 13.1 + 4.5 = 41.7 · Decision use: Cheap but unconfirmed: require improving earnings before treating the valuation as an opportunity.
13Swan Corp LtdSWANCORP 35.8/100Thin evidence · provisional58% evidence ASLEEP 15.1/35 Revenue -11.5% · PAT -69% · OPM change -31.6 pp 62% evidence 6.3/25 ROCE 3.9% · OPM -30% 76% evidence 10.1/20 P/E 35.2× · PEG — 15% evidence 4.3/20 RS sector -29.3% · RS bench -22.8% · 1Y -35%0 of 10 weeks ahead 70% evidence
Exact sum: 15.1 + 6.3 + 10.1 + 4.3 = 35.8 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
14Andrew Yule & Company LtdANDREWYU 34.7/100Thin evidence · provisional55% evidence TURNING 13.2/35 Revenue -4.8% · PAT -80% · OPM change -9 pp 62% evidence 3.5/25 ROCE -6.3% · OPM -52% 76% evidence 10.0/20 P/E — · PEG — 0% evidence 8.0/20 RS sector -37% · RS bench 13.8% · 1Y -5.2%10 of 11 weeks ahead 70% evidence
Exact sum: 13.2 + 3.5 + 10 + 8 = 34.7 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
15Integrated Industries LtdIIL 64.5/100Thin evidence · provisional50% evidence 20.6/35 Revenue 60.5% · PAT 94.6% · OPM change 2 pp 53% evidence 16.7/25 ROCE 30.5% · OPM 11% 57% evidence 11.0/20 P/E 11.6× · PEG — 15% evidence 16.2/20 RS sector 51.9% · RS bench 63.7% · 1Y 114.3%11 of 12 weeks ahead to 2026-03-08 70% evidence
Exact sum: 20.6 + 16.7 + 11 + 16.2 = 64.5 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
16Arunis Abode LtdARUNIS 50.8/100Thin evidence · provisional45% evidence 15.3/35 Revenue 100% · PAT 100% · OPM change -17.7 pp 40% evidence 9.4/25 ROCE -5.3% · OPM 28.5% 57% evidence 9.4/20 P/E 62.5× · PEG — 15% evidence 16.7/20 RS sector 131.3% · RS bench 136.7% · 1Y 395.6%12 of 12 weeks ahead to 2026-03-08 70% evidence
Exact sum: 15.3 + 9.4 + 9.4 + 16.7 = 50.8 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
17Piramal Enterprises Ltd(Merged)PEL 47.8/100Thin evidence · provisional41% evidence 19.0/35 Revenue 13.3% · PAT 100% · OPM change -0.7 pp 27% evidence 11.8/25 ROCE 6.8% · OPM 65.1% 57% evidence 9.6/20 P/E 49× · PEG — 15% evidence 7.4/20 RS sector -20.3% · RS bench 1% · 1Y -12.1%6 of 12 weeks ahead to 2025-09-24 70% evidence
Exact sum: 19 + 11.8 + 9.6 + 7.4 = 47.8 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
18Bharat Global Developers Ltdthis pageBGDL 46.9/100Thin evidence · provisional47% evidence 15.6/35 Revenue -74% · PAT -80% · OPM change 4.2 pp 53% evidence 10.8/25 ROCE 11.3% · OPM — 46% evidence 8.5/20 P/E 291× · PEG — 15% evidence 12.0/20 RS sector 165.8% · RS bench -70.1% · 1Y -17.1%0 of 12 weeks ahead to 2026-03-08 70% evidence
Exact sum: 15.6 + 10.8 + 8.5 + 12 = 46.9 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
19Rossell India LtdROSSELLIND 41.1/100Thin evidence · provisional47% evidence 14.5/35 Revenue 4.8% · PAT -41.1% · OPM change 0.1 pp 36% evidence 11.0/25 ROCE 6.4% · OPM 10.7% 71% evidence 10.8/20 P/E 11.8× · PEG — 15% evidence 4.8/20 RS sector -28.8% · RS bench -19.6% · 1Y -35%0 of 12 weeks ahead to 2026-03-29 70% evidence
Exact sum: 14.5 + 11 + 10.8 + 4.8 = 41.1 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
20Kesar Enterprises LtdKESAR 33.6/100Thin evidence · provisional42% evidence 14.2/35 Revenue -55.3% · PAT -80% · OPM change 7.4 pp 40% evidence 5.9/25 ROCE -26.2% · OPM 2.8% 57% evidence 10.0/20 P/E — · PEG — 0% evidence 3.5/20 RS sector -44.4% · RS bench -39.4% · 1Y -66.4%0 of 12 weeks ahead to 2026-03-08 70% evidence
Exact sum: 14.2 + 5.9 + 10 + 3.5 = 33.6 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.

Missing observations are not scored as bad. Their missing weight lowers confidence and pulls the final score toward neutral. 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 curve the sector itself 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 widening or shrinking. It describes where the PRICE stands, not the earnings trajectory and not a recommendation, and it is left blank for a company whose weekly history is too short or too stale to read.

15 · Frequently asked questions

Frequently asked questions

What is Bharat Global Developers Ltd's share price today?

Bharat Global Developers Ltd trades at ₹92.1, −92.2% over the past year. The company is valued at ₹933 Cr. The stock sits at 1% of its 52-week range of ₹76–₹1,464, −55.8% versus its 200-day average. On the tape, the price is in a downtrend, 39 weeks in. — as of 31 July 2026.

What were Bharat Global Developers Ltd's latest quarterly results?

Bharat Global Developers Ltd reported revenue of ₹0.0 Cr and a net loss of ₹0.4 Cr for the Dec 25 quarter. Revenue fell 100.0% and profit fell 127.3% year on year. Earnings per share were ₹−0.04. — as of 31 July 2026.

What is Bharat Global Developers Ltd's revenue?

Bharat Global Developers Ltd reported revenue of ₹0.0 Cr in the Dec 25 quarter, −100.0% year on year. For the full FY25 fiscal year, revenue was ₹669 Cr (+2,473.1%). — as of 31 July 2026.

What is Bharat Global Developers Ltd's profit?

Bharat Global Developers Ltd earned ₹−0.4 Cr of net profit in the Dec 25 quarter, −127.3% year on year. Full-year FY25 profit was ₹16.0 Cr. — as of 31 July 2026.

What is Bharat Global Developers Ltd's market cap?

Bharat Global Developers Ltd's market capitalisation is ₹933 Cr at a share price of ₹92.1. Market cap is the share price multiplied by shares outstanding, so it is restated whenever the price moves. — as of 31 July 2026.

What is Bharat Global Developers Ltd's P/E ratio?

Bharat Global Developers Ltd trades at a P/E of 291.0×, at the 76th percentile of its own 1-year range, against a long-run median of 149.3×. This is a comparison with the stock's own history, not a value call — as of 31 July 2026.

Does Bharat Global Developers Ltd pay a dividend?

No — Bharat Global Developers Ltd has recorded a dividend payout of 0% of profit in each of its last 8 reported fiscal years, so there is no payout history to quote. That is a reading of the filed annual statements, not an estimate. — as of 31 July 2026.

Is Bharat Global Developers Ltd overvalued?

On its own history, Bharat Global Developers Ltd looks expensive against its own history: its P/E of 291.0× sits at the 76th percentile of its 1-year range (long-run median 149.3×). That is a percentile read against the stock's own past, not a price opinion or a direction call. — as of 31 July 2026.

Is Bharat Global Developers Ltd growing?

Not right now — Bharat Global Developers Ltd's latest numbers are shrinking: latest-quarter revenue −100.0% year on year, profit −127.3%. The earnings engine currently reads: deteriorating — as of 31 July 2026.

How is Bharat Global Developers Ltd performing?

Bharat Global Developers Ltd is in a downtrend, 39 weeks in. Its latest quarter's revenue fell 100.0% and profit fell 127.3% year on year. Against the NIFTY 500 it has been behind on a trailing-13-week view for 14 weeks. This describes what the data did, not a rating. — as of 31 July 2026.

Is Bharat Global Developers Ltd in an uptrend?

No — the price is in a downtrend (week 39 of stage 4), trading −55.8% versus its 200-day average and at 1% of its 52-week range. Price stages cycle base → advance → top → decline, and the stage names where this stock sits in that cycle — as of 31 July 2026.

Is Bharat Global Developers Ltd beating the market?

Not lately — on a trailing-13-week view Bharat Global Developers Ltd is currently behind the NIFTY 500 (14 weeks and counting; last ahead the week of 2025-11-28), the same metric the week-by-week ribbon on this page draws. Separately, on the cumulative view: over the last 10.0 years the stock moved +309% against the NIFTY 500's +260% — ahead of the index over the full window. — as of 31 July 2026.

Will Bharat Global Developers Ltd's share price go up?

This page publishes no price forecast for Bharat Global Developers Ltd. What it measures instead: the share price is ₹92.1, the price is in a downtrend 39 weeks in. Its P/E of 291.0× sits at the 76th percentile of its own 1-year range. — as of 31 July 2026.

Does Bharat Global Developers Ltd have too much debt?

It is moderate — Bharat Global Developers Ltd's debt-to-equity is 0.46. FY25 borrowings were ₹88.0 Cr against equity of ₹190 Cr. Read the returns on this page with that leverage in mind — as of 31 July 2026.

What is Bharat Global Developers Ltd's capex?

Bharat Global Developers Ltd spent ₹1.0 Cr on capital expenditure over the last 3 fiscal years, a figure derived from the change in fixed assets plus depreciation. In FY25 alone that was ₹1.0 Cr, with ₹0.0 Cr in capital work-in-progress — capacity paid for but not yet earning. — as of 31 July 2026.

What is Bharat Global Developers Ltd's cash flow?

Bharat Global Developers Ltd generated ₹−156 Cr of operating cash flow in FY25 and ₹−157 Cr of free cash flow after ₹1.0 Cr of capital spending. Reported profit that year was ₹16.0 Cr, so operating cash ran behind profit. Cash-flow resolution for India is annual. — as of 31 July 2026.

Is Bharat Global Developers Ltd's profit real cash?

Not fully — over the last 2 fiscal years, −1,326% of Bharat Global Developers Ltd's reported profit arrived as operating cash. In FY25, operating cash was ₹−156 Cr against reported profit of ₹16.0 Cr. The cash then goes into a mix of the working-capital cycle and capacity. Cash-flow resolution is annual — as of 31 July 2026.

Where is Bharat Global Developers Ltd in its business cycle?

Bharat Global Developers Ltd's FY25 operating margin was 1.0%, against a 11-year band of −7.0%–33.0%: the low end of its own band, which is where recoveries start when they come. Profitability versus a company's own long band is the cleanest cycle clock this page holds — as of 31 July 2026.

What could break the Bharat Global Developers Ltd story?

The sharpest disagreement: annual EPS moved +364.7% against a −92.2% price move — the market has not yet caught up with the delivery. Mechanically, two Friday closes in a row below the 200-day average would end the price trend — that is the exit rule this page tracks — as of 31 July 2026.

Is Bharat Global Developers Ltd a stock worth studying right now?

This is not investment advice. The machine read: Bharat Global Developers Ltd's three tracks disagree. Price, valuation and the earnings engine each tell a different story — the next quarter or two settles it. The sharpest open question: whether the price catches up with earnings that have already moved. Every number on this page is drawn deterministically from the raw series, with no forecasts and no price opinions — as of 31 July 2026.

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