BF Utilities Limited
BF Utilities Limited, together with its subsidiaries, engages in the infrastructure business in India. The company develops the Bangalore Mysore Infrastructure Corridor Project and operates a 30 kilometers bypass road connecting the twin cities of Hubli and Dharwad in North Karnataka. In addition, the company involved in electricity generation through windmills. The company was incorporated in 20… Read more
BF Utilities Limited (BFUTILITIE) - Net Assets
Latest net assets as of March 2025: ₹9.56 Billion INR
Based on the latest financial reports, BF Utilities Limited (BFUTILITIE) has net assets worth ₹9.56 Billion INR as of March 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₹24.29 Billion) and total liabilities (₹14.73 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₹9.56 Billion |
| % of Total Assets | 39.35% |
| Annual Growth Rate | 6.29% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 142.37 |
BF Utilities Limited - Net Assets Trend (2003–2025)
This chart illustrates how BF Utilities Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for BF Utilities Limited (2003–2025)
The table below shows the annual net assets of BF Utilities Limited from 2003 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | ₹9.56 Billion | +52.46% |
| 2024-03-31 | ₹6.27 Billion | +89.94% |
| 2023-03-31 | ₹3.30 Billion | +358.95% |
| 2022-03-31 | ₹719.15 Million | +407.21% |
| 2021-03-31 | ₹-234.09 Million | -851.20% |
| 2020-03-31 | ₹-24.61 Million | +95.85% |
| 2019-03-31 | ₹-593.19 Million | +39.91% |
| 2018-03-31 | ₹-987.13 Million | +21.46% |
| 2017-03-31 | ₹-1.26 Billion | +69.63% |
| 2016-03-31 | ₹-4.14 Billion | -355.23% |
| 2015-03-31 | ₹1.62 Billion | +204.11% |
| 2014-03-31 | ₹533.17 Million | -67.59% |
| 2013-03-31 | ₹1.64 Billion | -39.91% |
| 2012-03-31 | ₹2.74 Billion | -29.68% |
| 2011-03-31 | ₹3.89 Billion | +88.21% |
| 2010-03-31 | ₹2.07 Billion | -21.65% |
| 2009-03-31 | ₹2.64 Billion | -65.52% |
| 2008-03-31 | ₹7.66 Billion | +15.69% |
| 2007-03-31 | ₹6.62 Billion | +18.51% |
| 2006-03-31 | ₹5.58 Billion | +9.74% |
| 2005-03-31 | ₹5.09 Billion | +52.95% |
| 2004-03-31 | ₹3.33 Billion | +33.12% |
| 2003-03-31 | ₹2.50 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to BF Utilities Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 197712000000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | ₹188.34 Million | 9.34% |
| Other Comprehensive Income | ₹1.94 Billion | 96.23% |
| Other Components | ₹1.86 Billion | 92.52% |
| Total Equity | ₹2.02 Billion | 100.00% |
BF Utilities Limited Competitors by Market Cap
The table below lists competitors of BF Utilities Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Song Ba JSC
VN:SBA
|
$66.84 Million |
|
INKEVERSE GROUP DL-001
F:5IK
|
$66.87 Million |
|
DHP Korea Co. Ltd
KQ:131030
|
$66.87 Million |
|
GEFRAN SPA EO 1
F:GF7
|
$66.87 Million |
|
DAEYANG ELECTRIC.Co.Ltd
KQ:108380
|
$66.81 Million |
|
Loihde Oyj
HE:LOIHDE
|
$66.80 Million |
|
11 bit studios S.A
WAR:11B
|
$66.79 Million |
|
Investigator Resources Ltd
AU:IVR
|
$66.77 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in BF Utilities Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 553,610,000 to 2,015,542,000, a change of 1,461,932,000 (264.1%).
- Net income of 1,464,994,000 contributed positively to equity growth.
- Other comprehensive income increased equity by 1,070,001.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₹1.46 Billion | +72.68% |
| Other Comprehensive Income | ₹1.07 Million | +0.05% |
| Other Changes | ₹-4.13 Million | -0.21% |
| Total Change | ₹- | 264.07% |
Book Value vs Market Value Analysis
This analysis compares BF Utilities Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 7.75x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has increased from 6.27x to 7.75x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2003-03-31 | ₹66.08 | ₹414.55 | x |
| 2004-03-31 | ₹78.60 | ₹414.55 | x |
| 2005-03-31 | ₹128.08 | ₹414.55 | x |
| 2006-03-31 | ₹141.22 | ₹414.55 | x |
| 2007-03-31 | ₹168.56 | ₹414.55 | x |
| 2008-03-31 | ₹196.22 | ₹414.55 | x |
| 2009-03-31 | ₹23.04 | ₹414.55 | x |
| 2010-03-31 | ₹18.17 | ₹414.55 | x |
| 2011-03-31 | ₹14.54 | ₹414.55 | x |
| 2012-03-31 | ₹-47.78 | ₹414.55 | x |
| 2013-03-31 | ₹-60.63 | ₹414.55 | x |
| 2014-03-31 | ₹-74.45 | ₹414.55 | x |
| 2015-03-31 | ₹-60.60 | ₹414.55 | x |
| 2016-03-31 | ₹-115.14 | ₹414.55 | x |
| 2017-03-31 | ₹-83.75 | ₹414.55 | x |
| 2018-03-31 | ₹-77.61 | ₹414.55 | x |
| 2019-03-31 | ₹-70.25 | ₹414.55 | x |
| 2020-03-31 | ₹-58.76 | ₹414.55 | x |
| 2021-03-31 | ₹-59.27 | ₹414.55 | x |
| 2022-03-31 | ₹-45.44 | ₹414.55 | x |
| 2023-03-31 | ₹-24.35 | ₹414.55 | x |
| 2024-03-31 | ₹14.70 | ₹414.55 | x |
| 2025-03-31 | ₹53.51 | ₹414.55 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently BF Utilities Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 72.68%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 17.51%
- • Asset Turnover: 0.34x
- • Equity Multiplier: 12.05x
- Recent ROE (72.68%) is above the historical average (4.83%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2003 | 1.88% | 1.72% | 0.43x | 2.52x | ₹-202.05 Million |
| 2004 | 6.33% | 6.03% | 0.42x | 2.48x | ₹-108.74 Million |
| 2005 | 49.17% | 67.49% | 0.40x | 1.81x | ₹1.89 Billion |
| 2006 | 14.46% | 17.24% | 0.51x | 1.64x | ₹236.98 Million |
| 2007 | 51.63% | 73.51% | 0.44x | 1.60x | ₹2.64 Billion |
| 2008 | 57.76% | 59.10% | 0.62x | 1.58x | ₹3.53 Billion |
| 2009 | -18.12% | -37.19% | 0.02x | 21.19x | ₹-244.13 Million |
| 2010 | -202.00% | -187.38% | 0.04x | 24.09x | ₹-1.45 Billion |
| 2011 | -188.90% | -81.51% | 0.06x | 38.23x | ₹-1.09 Billion |
| 2012 | 0.00% | -26.86% | 0.09x | 0.00x | ₹-305.93 Million |
| 2013 | 0.00% | -24.52% | 0.09x | 0.00x | ₹-255.77 Million |
| 2014 | 0.00% | -21.86% | 0.11x | 0.00x | ₹-240.25 Million |
| 2015 | 0.00% | 11.84% | 0.23x | 0.00x | ₹842.92 Million |
| 2016 | 0.00% | 1.02% | 0.15x | 0.00x | ₹464.41 Million |
| 2017 | 0.00% | 0.99% | 0.18x | 0.00x | ₹348.72 Million |
| 2018 | 0.00% | 6.00% | 0.22x | 0.00x | ₹532.77 Million |
| 2019 | 0.00% | 8.57% | 0.22x | 0.00x | ₹648.63 Million |
| 2020 | 0.00% | 3.69% | 0.25x | 0.00x | ₹418.60 Million |
| 2021 | 0.00% | -0.67% | 0.17x | 0.00x | ₹198.59 Million |
| 2022 | 0.00% | 9.91% | 0.24x | 0.00x | ₹679.41 Million |
| 2023 | 0.00% | 16.39% | 0.34x | 0.00x | ₹1.34 Billion |
| 2024 | 266.18% | 15.21% | 0.40x | 43.85x | ₹1.42 Billion |
| 2025 | 72.68% | 17.51% | 0.34x | 12.05x | ₹1.26 Billion |
Industry Comparison
This section compares BF Utilities Limited's net assets metrics with peer companies in the Infrastructure Operations industry.
Industry Context
- Industry: Infrastructure Operations
- Average net assets among peers: $19,796,298,911
- Average return on equity (ROE) among peers: 1.25%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| BF Utilities Limited (BFUTILITIE) | ₹9.56 Billion | 1.88% | 1.54x | $66.81 Million |
| ARSS Infrastructure Projects Limited (ARSSINFRA) | $-1.27 Billion | 0.00% | 0.00x | $8.75 Million |
| Atlantaa Limited (ATLANTAA) | $-3.84 Billion | 0.00% | 0.00x | $6.34 Million |
| Bharat Road Network Limited (BRNL) | $11.18 Billion | -3.42% | 1.65x | $5.56 Million |
| Gayatri Highways Limited (GAYAHWS) | $130.00K | -24.62% | 0.86x | $2.11 Million |
| HILINFRA (HILINFRA) | $1.00 Billion | 18.93% | 1.02x | $5.35K |
| IL&FS Transportation Networks Limited (IL&FSTRANS) | $48.26 Billion | 1.35% | 8.78x | $2.18 Million |
| IRB Infrastructure Developers Limited (IRB) | $63.15 Billion | 13.46% | 5.41x | $969.73 Million |
| Jaypee Infratech Limited (JPINFRATEC) | $63.47 Billion | 5.52% | 2.30x | $7.80 Million |
| MEP Infrastructure Developers Limited (MEP) | $-3.79 Billion | 0.00% | 0.00x | $1.33 Million |