SEBI Reg. Investment Advisor

Download App
Help Center Subscribe
Money Works 4 Me Logo MoneyWorks4Me
Talk to Advisor
Login Get Free Account
Sign Up

MoneyWorks4Me

Log In Sign Up Schedule Free 15‑min Call
Login Get Free Account
Sign Up

BF Industrial Technology and Solutions Ltd (SANGHVIFOR)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 533411 NSE: SANGHVIFOR Forgings | Small Cap | BF Industrial Techno Share Price

₹16.50 0.00 (0.00%)

As on 30-Apr'21 18:03

BF Industrial Technology and Solutions Ltd (SANGHVIFOR)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 533411 NSE: SANGHVIFOR Forgings | Small Cap | BF Industrial Techno Share Price

₹16.50 0.00 (0.00%)

As on 30-Apr'21 18:03

Key Metrics
Valuation Multiples
Market Cap
₹25 Cr.
Current Price
₹16.5
52-Week Low / High
₹17 / 17
TTM EPS
₹-10.2
TTM Sales
₹49.6 Cr.
Book Value per Share
₹-23.4
P/E Ratio
0.00
Industry PE
92
Price to Book (P/B)
-0.70
Price to Sales (P/S)
0.50
EV/EBITDA
-29.66
Dividend Yield
0%
Profitability Efficiency
Return on Equity (ROE)
5.89%
Return on Capital Employed (ROCE)
6.25%
Return on Assets (ROA)
4.36%
Operating Profit Margin
6.5%
Net Profit Margin
5.09%
Gross Profit Margin
9.1%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Slowing versus 3-year growth rate
-2.86%
Operating Profit Growth (1 Year)
-
-49.82%
Net Profit Growth (1 Year)
Slowing versus 3-year growth rate
-53.92%
Asset Quality
Promoter Holding
61.06%
Pledged shares (%) of Promoter's holding (%)
59.15%
Reserves
₹-50 Cr.
Equity
₹14.9 Cr.
Face Value
₹10
All Time Low / High
₹13.70 / 144.90

BF Industrial Technology and Solutions stock performance

Key Ratios
mw4me loader

10 Year X-Ray :

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.

Value Creation ⓘ

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
ROCE % ⓘ3.6%-3.7%-4.8%-4.6%-2.8%-24.2%34%23%14.1%6.3%-
Value Creation
Index ⓘ		-0.8-1.3NANANANA1.40.6NANA-

Growth Parameters ⓘ
Sales ⓘ68.455.454.761.259.655.462.899.711210950
Sales YoY Gr.--18.9%-1.3%11.8%-2.7%-6.9%13.3%58.7%12.3%-2.9%-
Adj EPS ⓘ-6.8-15.1-15.7-13.4-3.6-16.62.71.81.30.6-10.2
YoY Gr.-NANANANANANA-33.7%-24.9%-56.4%-
BVPS (₹) ⓘ29.514.4-1.2-14.6-18.2-34.678.810.110.7-23.4
Adj Net
Profit ⓘ		-10.2-22.6-23.4-19.9-5.4-24.724.115.9125.2-15
Cash Flow from Ops. ⓘ20.515.434.926.4-58.18.4-11.96.82.89.1-
Debt/CF from Ops. ⓘ6.28.23.23.7-2.516.20000-

CAGR ⓘ

9 Years 5 Years 3 Years 1 Years
Sales ⓘ5.3%12.8%20.1%-2.9%
Adj EPS ⓘNANA-39.9%-56.4%
BVPSⓘ-10.6%NA15.4%6%
Share Price -8.4% - - -

Key Financial Parameters ⓘ

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity % ⓘ		-21.5-68.9-237.5169.522.262.8422.322.4145.6160.4
Op. Profit
Mgn % ⓘ		20.15.32.96.78.7-31.3-13.311.312.56.5-12.6
Net Profit
Mgn % ⓘ		-14.9-40.7-42.8-32.5-9.1-44.638.31610.74.8-30.5
Debt to
Equity ⓘ		2.95.9-63.7-4.5-5.3-2.60000-
Working Cap
Days ⓘ		235271306282302247183159196220219
Cash Conv.
Cycle ⓘ		9311613110810463214592106-546

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Sales68.3555.4254.7161.1859.5655.4362.7999.67111.89108.69
Operating Expenses ⓘ + 54.6452.4853.1057.1854.3672.7771.1388.4397.94101.70
Manufacturing Costs12.829.6111.2614.7013.8911.8119.2223.9928.6729
Material Costs29.3330.2429.8831.6929.0741.5028.7645.9958.3559.03
Employee Cost 6.396.406.665.986.466.126.537.056.418.24
Other Costs ⓘ 6.106.235.314.804.9413.3416.6211.394.515.43
Operating Profit ⓘ 13.722.931.6145.20-17.34-8.3311.2513.957
Operating Profit Margin (%) 20.1%5.3%2.9%6.5%8.7%-31.3%-13.3%11.3%12.5%6.4%
Other Income ⓘ + 0.950.131.020.360.641.310.358.491.423.18
Exceptional Items ⓘ 00000037.67000
Interest ⓘ 16.1816.6116.9015.722.490.20000.040.34
Depreciation ⓘ 8.428.988.838.598.528.424.643.393.324.30
Profit Before Tax ⓘ -9.94-22.52-23.10-19.95-5.16-24.6525.0416.34125.53
Tax ⓘ 0.05000000.870.0200
Profit After Tax -9.99-22.52-23.10-19.95-5.16-24.6524.1716.33125.53
PAT Margin (%) -14.6%-40.6%-42.2%-32.6%-8.7%-44.5%38.5%16.4%10.7%5.1%
Adjusted EPS (₹)-6.7-15.1-15.5-13.4-3.5-16.62.71.81.30.6
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Valuation of BF Industrial Techno - Standalone

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

mw4me loader

Analyst's Notes

data not found
No data found!

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25

Equity and Liabilities

Shareholders Fund + 43.9921.49-1.76-21.69-27.10-51.5662.9579.4391.2396.70
Share Capital ⓘ 14.8914.8914.8914.8914.8914.8990.0590.0590.0590.05
Reserves ⓘ 29.106.59-16.66-36.59-42-66.45-27.10-10.621.186.65
Debt +114.51114.1495.6184.19144.7151.250000
Long Term Debt87.9478.8157.1644.8219.6611.940000
Short Term Debt26.5735.3338.4539.37125.0539.310000
Minority Interest0000000000
Trade Payables16.7219.6824.3822.5616.9922.4222.2121.9530.6521.38
Others Liabilities ⓘ 24.9440.3670.1696.1643.81123.716.736.034.799.17
Total Liabilities ⓘ 200.17195.67188.38181.22178.41145.8291.89107.41126.68127.24

Fixed Assets

Net Fixed Assets ⓘ +156.39147.98140.04132.48124.63116.40112.0646.9946.6448.93
Gross Block185.62156.95157.84158.87159.54159.73160.03161.17163.74170.33
Accumulated Depreciation29.238.9817.8026.3934.9143.3347.98114.19117.10121.41
CWIP ⓘ 0.450.3600.02000000
Investments ⓘ 0000001.080.080.090.10
Inventories21.9620.5322.5221.3719.169.1016.5316.0741.0426.42
Trade Receivables14.1020.9919.4319.6314.749.1218.2830.6524.2931.94
Cash Equivalents 1.100.891.401.072.835.092.909.9010.3516.71
Others Assets ⓘ 6.184.9256.6517.056.11-58.953.724.283.15
Total Assets ⓘ 200.17195.67188.38181.22178.41145.8291.89107.41126.68127.24

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity ⓘ + 20.5215.3734.9126.43-58.078.39-11.896.842.829.05
PBT ⓘ -9.94-22.52-23.10-19.95-5.16-24.6525.0416.34125.53
Adjustment ⓘ 22.6223.8424.8122.898.548.60-29.611.321.581.80
Changes in Working Capital ⓘ 7.8914.0433.2123.49-61.4524.58-7.22-10.42-10.671.73
Tax Paid ⓘ -0.050-000-0.14-0.10-0.41-0.10-0.02
Cash Flow From Investing Activity ⓘ + -3.02-0.18-0.94-0.25-0.99-0.071.470.41-2.26-2.31
Capex -4.50-0.57-1.01-1.03-0.67-0.19-0.30-0.99-2.86-3.02
Net Investments 1.320.2200.61-0.480.121.771.250-0
Others ⓘ 0.150.160.070.170.16000.140.600.71
Cash Flow From Financing Activity ⓘ + -17.54-15.17-33.85-25.9060.34-9.0111.0800-0.59
Net Proceeds from Shares ⓘ 3.380000090.05000
Net Proceeds from Borrowing ⓘ 0000000000
Interest Paid ⓘ -14.35-14.79-15.98-14.48-0.18-0.200000
Dividend Paid ⓘ 0000000000
Others ⓘ -6.57-0.37-17.87-11.4260.52-8.81-78.9700-0.59
Net Cash Flow ⓘ -0.040.020.130.291.28-0.690.667.250.566.15

Financial Ratio

PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)-21.37-68.78N/AN/AN/AN/A424.3722.9414.075.89
ROCE (%)3.55-3.7N/AN/AN/AN/A3422.9614.126.25
Asset Turnover Ratio0.350.30.290.330.330.340.531.030.960.86
PAT to CFO Conversion(x)N/AN/AN/AN/AN/AN/A-0.490.420.241.64
Working Capital Days
Receivable Days99.80107.30132.70116.50105.3078.4079.508789.6094.40
Inventory Days104.70129.90141.30130.90124.2092.8074.405893.10113.30
Payable Days217.30219.70269.10270.30248.30173.30283.20175.20164.50160.90

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *53.3953.3853.3863.2963.2963.2763.2763.2763.2059.15
* Pledged shares as % of Promoter's holding (%)

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

BF Industrial Technology and Solutions Ltd FAQs

The current trading price of BF Industrial Techno on 30-Apr-2021 18:03 is ₹16.50.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 29-Apr-2021 the market cap of BF Industrial Techno stood at ₹24.57 Cr

The latest P/E ratio of BF Industrial Techno as of 29-Apr-2021 is 0.00.

The latest P/B ratio of BF Industrial Techno as of 29-Apr-2021 is -0.70.

The 52-week high of BF Industrial Techno is ₹16.55 and the 52-week low is ₹16.50.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of BF Industrial Techno is ₹49.60 ( Cr.) .

Data is not available for this company.

The key valuation ratios of BF Industrial Technology and Solutions Ltd's currently when compared to its past seem to suggest it is in the Undervalued zone.

No data found

About BF Industrial Technology and Solutions Ltd

Sanghvi Forging and Engineering incorporated in 1989, is a manufacturer and exporter of forging products for the non-automotive sector. The company has an installed capacity of 3600 MTPA for manufacturing of forged flanges and precision machined components (with single piece forging up to 4 MT) in the area of open and closed die forgings. The company manufactures forged flanges, forgings and machined components for various industries like oil & gas, fertilizers, power, desalination & water treatment, ship building, defence, fabrication of process equipments, instrumentation etc. It is also capable of manufacturing both standardized as well as customized products.

The company’s existing manufacturing plant consists of forging shop, die shop, heat treatment shop, conventional and CNC machining shop backed by related quality assurance equipments. Presently, it is using steam hammer technology for the open die forging and can produce single forged piece upto 4 MT. The key factor in its forging business is the vendor/consultant approval, given the critical end use of the product. It has, in the last few years, been successful in obtaining various such approvals in both the domestic and international markets. It shares a good client relationship worldwide where it receive majority of the business from repeat clients.

The company’s products have been inspected and accepted by third party inspection agencies like Lloyds (LRIS), BVIS, SGS, TOYO, PDIL, DNV, ABS, TICB, UHDE India, DAE, NPCIL, etc. The quality of its products has been certified to be satisfactory in third party inspections. The company has also established market for its products overseas. It regularly exports various countries mainly to Europe, Middle East and Canada.

Product of the company

  • Open Die Forgings
  • Forged Flanges
  • Closed Die Forgings
  • Machined Components
  • Heavy Forging

Milestones

  • 1992: Set-up the existing factory at 244/6-7 GIDC Industrial Estate, Waghodia District, Vadodara with an installed capacity of 300 MTPA for close die forgings
  • 1996: Obtained its first major approval from the Technical Development Committee of India
  • 2002: Obtained Canadian Registration Number (CRN) for 13 provinces of Canada enabling us to market the products in Canada
  • 2003: Selected by Center for Promotion of Imports from Developing Countries, Netherlands, to promote the products in European Union
  • 2005: Approved by SHELL to supply materials for various projects in India
  • 2005: Enhancement of closed die forging installed capacity upto 1200 MTPA
  • 2006: Establishment of new open die forging plant with an installed capacity of an installed capacity of 2400 MTPA
  • 2006: Allotted land at Waghodia Industrial Estate, near existing factory land for New Project
  • 2008: Implementation of SAP-Enterprise resource planning
  • 2009: Obtained approval from GE, PDIL and EIL
  • 2009: Obtained approval from Kuwait National Petroleum Corporation (KNPC), Mazgaon Dock and IBR
  • 2010: Placed firm order for import of forging press and manipulator for New Project
You have 4 views remaining as a Guest User. To get DeciZen Rating of 3,500+ Stocks based on their Quality, Valuation and Price Trend Login Now
2026 ©The Alchemists Ark Pvt. Ltd. All rights reserved. MoneyWorks4Me® is a registered trademark of The Alchemists Ark Pvt. Ltd.

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through: