Cash flow Bharat Global Developers Limited

Equities

521238

INE893C01032

Diversified Industrial Goods Wholesale

Market Closed - Bombay S.E. Other stock markets 10:00:53 06/03/2026 GMT			5-day change	1st Jan Change
92.14 ^INR	+3.25%		-7.40%	-34.84%

02-13	Bharat Global Developers Limited Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2025	CI
12-05	Bharat Global Developers Ltd. Announces Resignation of Dheeraj Kumar Sahu as Company Secretary and Compliance Officer, Effective November 30, 2025	CI

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Published financial data: BHARAT GLOBAL DEVELOPERS LIMITED

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: March	2021	2022	2023	2024	2025
Revenues	328K	385K	441K	258M	6.69B
Other Revenues, Total	-	-	-	-	24M
Total Revenues	328K	385K	441K	258M	6.71B
Cost of Goods Sold, Total	-	-	-	198M	6.45B
Gross Profit	328K	385K	441K	59.93M	262M
Selling General & Admin Expenses, Total	144K	264K	156K	387K	4.53M
Depreciation & Amortization - (IS)	-	-	-	42K	1.58M
Other Operating Expenses	93.81K	95.09K	258K	13.03M	52.6M
Other Operating Expenses, Total	238K	359K	414K	13.46M	58.71M
Operating Income	89.85K	26.38K	27.16K	46.47M	203M
Interest And Investment Income	-	-	-	211K	-
Net Interest Expenses	-	-	-	211K	-
Currency Exchange Gains (Loss)	-	-	-	-	13.06M
Other Non Operating Income (Expenses)	-	-	-	-	1K
EBT, Excl. Unusual Items	89.85K	26.38K	27.16K	46.68M	216M
EBT, Incl. Unusual Items	89.85K	26.38K	27.16K	46.68M	216M
Income Tax Expense	23.36K	6.86K	7.06K	13.34M	55.63M
Earnings From Continuing Operations	66.49K	19.52K	20.1K	33.34M	160M
Net Income to Company	66.49K	19.52K	20.1K	33.34M	160M
Net Income - (IS)	66.49K	19.52K	20.1K	33.34M	160M
Net Income to Common Incl Extra Items	66.49K	19.52K	20.1K	33.34M	160M
Net Income to Common Excl. Extra Items	66.49K	19.52K	20.1K	33.34M	160M
Per Share Items
Net EPS - Basic	0.12	0.03	0.04	5	1.6
Basic EPS - Continuing Operations	0.12	0.03	0.04	5	1.6
Basic Weighted Average Shares Outstanding	554K	560K	560K	6.67M	100M
Net EPS - Diluted	0.12	0.03	0.04	5	1.6
Diluted EPS - Continuing Operations	0.12	0.03	0.04	5	1.6
Diluted Weighted Average Shares Outstanding	554K	560K	560K	6.67M	100M
Normalized Basic EPS	0.1	0.03	0.03	4.38	1.35
Normalized Diluted EPS	0.1	0.03	0.03	4.38	1.35
Supplemental Items
EBITDA	-	-	-	46.52M	204M
EBITA	89.85K	26.38K	27.16K	46.47M	203M
EBIT	89.85K	26.38K	27.16K	46.47M	203M
Total Revenues (As Reported)	328K	385K	441K	258M	6.83B
Effective Tax Rate - (Ratio)	26	26	26	28.58	25.76
Total Current Taxes	23.36K	6.86K	7.06K	13.35M	55.64M
Total Deferred Taxes	-	-	-	-10K	-13K
Normalized Net Income	56.16K	16.49K	16.97K	29.18M	135M
Supplemental Operating Expense Items
Advertising Expense	-	-	-	18.74K	351K
Selling and Marketing Expenses	-	-	-	18.74K	351K
Net Rental Expense, Total	-	84K	108K	-	-
Maintenance & Repair Expenses, Total	-	-	-	-	10K

Fiscal Period: March	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	26.48K	55.85K	-164K	4.25M	4.77M
Total Cash And Short Term Investments	26.48K	55.85K	-164K	4.25M	4.77M
Accounts Receivable, Total	701K	701K	658K	248M	3.51B
Notes Receivable	-	-	-	-	903M
Total Receivables	701K	701K	658K	248M	4.41B
Inventory	-	-	-	1.35B	129M
Other Current Assets, Total	-	-	271K	8.67M	525M
Total Current Assets	727K	757K	764K	1.61B	5.07B
Gross Property Plant And Equipment	-	-	-	375K	9.07M
Accumulated Depreciation	-	-	-	-42K	-1.62M
Net Property Plant And Equipment	-	-	-	333K	7.45M
Long-term Investments	41.85M	41.85M	41.85M	41.85M	41.85M
Other Intangibles, Total	-	-	-	-	158K
Loans Receivable Long-Term	8.1M	8.1M	8.11M	-	-
Deferred Tax Assets Long-Term	-	-	-	-	3K
Other Long-Term Assets, Total	-	-	-	-	1K
Total Assets	50.68M	50.71M	50.73M	1.65B	5.12B
Liabilities
Accounts Payable, Total	-	-	-	592M	1.74B
Accrued Expenses, Total	5.34M	5.35M	5.35M	-	-
Short-term Borrowings	-	-	-	-	876M
Current Portion of Long-Term Debt	40.28M	40.28M	40.28M	37.08M	-
Current Income Taxes Payable	23.36K	30.22K	-6.72K	13.38M	-
Unearned Revenue Current, Total	-	-	-	-	-
Other Current Liabilities	-	-	-	1.43M	601M
Total Current Liabilities	45.64M	45.65M	45.61M	644M	3.21B
Long-Term Debt	-	-	-	-	-
Deferred Tax Liability Non Current	-	-	-	10K	-
Other Non Current Liabilities	-	-	-	-	1K
Total Liabilities	45.64M	45.65M	45.61M	644M	3.21B
Common Stock, Total	5.6M	5.6M	5.6M	978M	1.01B
Additional Paid In Capital	-	-	-	-	700M
Retained Earnings	-558K	-539K	-479K	32.83M	191M
Comprehensive Income and Other	-	-	-	-	-
Total Common Equity	5.04M	5.06M	5.12M	1.01B	1.9B
Total Equity	5.04M	5.06M	5.12M	1.01B	1.9B
Total Liabilities And Equity	50.68M	50.71M	50.73M	1.65B	5.12B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	560K	560K	560K	97.76M	101M
ECS Total Common Shares Outstanding	560K	560K	560K	97.76M	101M
Book Value / Share	9	9.04	9.14	10.34	18.8
Tangible Book Value	5.04M	5.06M	5.12M	1.01B	1.9B
Tangible Book Value Per Share	9	9.04	9.14	10.34	18.8
Total Debt	40.28M	40.28M	40.28M	37.08M	876M
Net Debt	40.25M	40.22M	40.44M	32.82M	871M
Debt Equivalent Oper. Leases	-	672K	864K	-	-
Account Code - Inventory Valuation	3	3	3	3	3
Inventories - Raw Materials, Total	-	-	-	1.35B	-
Inventories - Finished Goods, Total	-	-	-	-	129M
Machinery, Total	-	-	-	375K	9.07M
Full Time Employees	-	-	-	-	26

Fiscal Period: March	2021	2022	2023	2024	2025
Net Income	66.49K	19.52K	20.09K	33.34M	160M
Depreciation & Amortization - CF	-	-	-	42K	1.58M
Depreciation & Amortization, Total	-	-	-	42K	1.58M
Other Operating Activities, Total	-20.42K	6.86K	39.28K	13.34M	-2.3M
Change In Accounts Receivable	622K	-	43K	-247M	-3.26B
Change In Inventories	-	-	-	-1.35B	1.22B
Change In Accounts Payable	-693K	25K	-31.94K	587M	1.14B
Change in Other Net Operating Assets	146K	-22.02K	-285K	-	-833M
Cash from Operations	122K	29.37K	-215K	-965M	-1.56B
Capital Expenditure	-	-	-	-375K	-8.86M
Net (Increase) Decrease in Loans Originated / Sold - Investing	-	-	-	-	-
Other Investing Activities, Total	-	-	-	-284K	-
Cash from Investing	-	-	-	-659K	-8.86M
Short Term Debt Issued, Total	-	-	-	-	839M
Long-Term Debt Issued, Total	-	-	-	-	-
Total Debt Issued	-	-	-	-	839M
Short Term Debt Repaid, Total	-125K	-	-	-1.77M	-
Long-Term Debt Repaid, Total	-	-	-	-	-
Total Debt Repaid	-125K	-	-	-1.77M	-
Issuance of Common Stock	-	-	-	972M	735M
Cash from Financing	-125K	-	-	970M	1.57B
Miscellaneous Cash Flow Adjustments	-	-	-	-	-1K
Net Change in Cash	-3.45K	29.37K	-215K	4.42M	521K
Supplemental Items
Cash Income Tax Paid (Refund)	23.36K	-	-7.06K	3K	57.93M
Levered Free Cash Flow	-14.38K	28.35K	-247K	-969M	-1.6B
Unlevered Free Cash Flow	-14.38K	28.35K	-247K	-969M	-1.6B
Change In Net Working Capital	70.54K	-11.86K	264K	997M	1.72B
Net Debt Issued / Repaid	-125K	-	-	-1.77M	839M

Fiscal Period: March	2021	2022	2023	2024	2025
Profitability
Return on Assets	0.11	0.03	0.03	3.41	3.74
Return on Total Capital	0.12	0.04	0.04	5.32	6.63
Return On Equity %	1.33	0.39	0.4	6.57	11
Return on Common Equity	1.33	0.39	0.4	6.57	11
Margin Analysis
Gross Profit Margin %	100	100	100	23.27	3.9
SG&A Margin	43.95	68.49	35.4	0.15	0.07
EBITDA Margin %	-	-	-	18.06	3.05
EBITA Margin %	27.42	6.84	6.16	18.04	3.02
EBIT Margin %	27.42	6.84	6.16	18.04	3.02
Income From Continuing Operations Margin %	20.29	5.06	4.56	12.95	2.39
Net Income Margin %	20.29	5.06	4.56	12.95	2.39
Net Avail. For Common Margin %	20.29	5.06	4.56	12.95	2.39
Normalized Net Income Margin	17.14	4.28	3.85	11.33	2.01
Levered Free Cash Flow Margin	-4.39	7.35	-56.16	-376.07	-23.91
Unlevered Free Cash Flow Margin	-4.39	7.35	-56.16	-376.07	-23.91
Asset Turnover
Asset Turnover	0.01	0.01	0.01	0.3	1.98
Fixed Assets Turnover	-	-	-	-	1.72K
Receivables Turnover (Average Receivables)	0.32	0.55	0.65	2.07	3.56
Inventory Turnover (Average Inventory)	-	-	-	-	8.71
Short Term Liquidity
Current Ratio	0.02	0.02	0.02	2.5	1.58
Quick Ratio	0.02	0.02	0.01	0.39	1.09
Operating Cash Flow to Current Liabilities	0	0	-0	-1.5	-0.49
Days Sales Outstanding (Average Receivables)	1.13K	663.77	562.82	176.44	102.45
Days Outstanding Inventory (Average Inventory)	-	-	-	-	41.91
Average Days Payable Outstanding	-	-	-	-	81.35
Cash Conversion Cycle (Average Days)	-	-	-	-	63.01
Long Term Solvency
Total Debt/Equity	799.46	796.38	787.14	3.67	46.01
Total Debt / Total Capital	88.88	88.84	88.73	3.54	31.51
LT Debt/Equity	-	-	-	-	-
Long-Term Debt / Total Capital	-	-	-	-	-
Total Liabilities / Total Assets	90.06	90.03	89.91	38.94	62.8
Total Debt / EBITDA	-	-	-	0.8	4.28
Net Debt / EBITDA	-	-	-	0.71	4.26
Total Debt / (EBITDA - Capex)	-	-	-	0.8	4.48
Net Debt / (EBITDA - Capex)	-	-	-	0.71	4.45
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-38.19	17.64	14.32	-	2.5K
Gross Profit, 1 Yr. Growth %	-38.19	17.64	14.32	-	334.94
EBITDA, 1 Yr. Growth %	-	-	-	-	337.53
EBITA, 1 Yr. Growth %	117.14	-70.64	2.93	-11.35K	334.53
EBIT, 1 Yr. Growth %	117.14	-70.64	2.93	-11.35K	334.53
Earnings From Cont. Operations, 1 Yr. Growth %	117.14	-70.64	2.93	167K	381.02
Net Income, 1 Yr. Growth %	117.14	-70.64	2.93	167K	381.02
Normalized Net Income, 1 Yr. Growth %	117.14	-70.64	2.93	173K	362.51
Diluted EPS Before Extra, 1 Yr. Growth %	140	-74.75	19.7	12.4K	-58.42
Accounts Receivable, 1 Yr. Growth %	-47.01	0	-6.13	37.54K	1.32K
Inventory, 1 Yr. Growth %	-	-	-	-	-90.48
Net Property, Plant and Equip., 1 Yr. Growth %	-	-	-	-	2.14K
Total Assets, 1 Yr. Growth %	-1.5	0.06	0.04	3.16K	209.18
Tangible Book Value, 1 Yr. Growth %	0.92	0.39	1.17	19.65K	88.36
Common Equity, 1 Yr. Growth %	0.92	0.39	1.17	19.65K	88.38
Cash From Operations, 1 Yr. Growth %	-249.23	-75.84	-39.64	-1.48M	62.26
Capital Expenditures, 1 Yr. Growth %	-	-	-	-	2.26K
Levered Free Cash Flow, 1 Yr. Growth %	-95.41	-297.09	-972.96	11.12K	65.64
Unlevered Free Cash Flow, 1 Yr. Growth %	-95.41	-297.09	-972.96	11.12K	65.64
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-38.17	-14.73	15.97	2.48K	-
Gross Profit, 2 Yr. CAGR %	-38.17	-14.73	15.97	1.15K	-
EBITA, 2 Yr. CAGR %	-9.37	-20.15	-45.02	4.1K	2.12K
EBIT, 2 Yr. CAGR %	-9.37	-20.15	-45.02	4.1K	2.12K
Earnings From Cont. Operations, 2 Yr. CAGR %	-9.37	-20.15	-45.02	4.03K	8.85K
Net Income, 2 Yr. CAGR %	-9.37	-20.15	-45.02	4.03K	8.85K
Normalized Net Income, 2 Yr. CAGR %	-9.37	-20.15	-45.02	4.11K	8.84K
Diluted EPS Before Extra, 2 Yr. CAGR %	-7.42	-22.54	-45.02	1.19K	532.46
Accounts Receivable, 2 Yr. CAGR %	2.67	-27.21	-3.12	1.78K	7.2K
Total Assets, 2 Yr. CAGR %	-0.41	-0.72	0.05	471.26	904.25
Tangible Book Value, 2 Yr. CAGR %	0.77	0.65	0.78	1.31K	1.83K
Common Equity, 2 Yr. CAGR %	0.77	0.65	0.78	1.31K	1.83K
Cash From Operations, 2 Yr. CAGR %	-27.09	-39.96	32.98	5.11K	15.41K
Levered Free Cash Flow, 2 Yr. CAGR %	-93.15	-69.92	314.79	18.38K	1.26K
Unlevered Free Cash Flow, 2 Yr. CAGR %	-93.15	-69.92	314.79	18.38K	1.26K
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-38.18	-23.38	-5.98	822.91	2.49K
Gross Profit, 3 Yr. CAGR %	-34.39	-23.38	-5.98	467.64	778.76
EBITA, 3 Yr. CAGR %	-14.13	-37.75	-13.1	702.72	1.87K
EBIT, 3 Yr. CAGR %	-14.13	-37.75	-13.1	702.72	1.87K
Earnings From Cont. Operations, 3 Yr. CAGR %	-12.15	-37.75	-13.1	694.48	1.92K
Net Income, 3 Yr. CAGR %	-12.15	-37.75	-13.1	694.48	1.92K
Normalized Net Income, 3 Yr. CAGR %	-14.13	-37.75	-13.1	703.93	1.92K
Diluted EPS Before Extra, 3 Yr. CAGR %	-12.64	-40.16	-10.45	247.83	276.41
Accounts Receivable, 3 Yr. CAGR %	1.77	1.77	-20.77	606.95	1.61K
Total Assets, 3 Yr. CAGR %	-2.43	-0.26	-0.47	219.63	365.54
Tangible Book Value, 3 Yr. CAGR %	1.07	0.64	0.83	485.36	621.99
Common Equity, 3 Yr. CAGR %	1.07	0.64	0.83	485.36	622.01
Cash From Operations, 3 Yr. CAGR %	-74.74	-49.55	38.19	1.9K	1.54K
Levered Free Cash Flow, 3 Yr. CAGR %	-80.67	-79.02	-7.57	3.97K	3.74K
Unlevered Free Cash Flow, 3 Yr. CAGR %	-80.67	-79.02	-7.57	3.97K	3.74K
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-38.21	-43.12	-20.49	213.02	561.4
Gross Profit, 5 Yr. CAGR %	-28.07	-17.99	-17.6	133.84	245.66
EBITA, 5 Yr. CAGR %	7.57	-23.37	-28.16	235.47	447.12
EBIT, 5 Yr. CAGR %	7.57	-23.37	-28.16	235.47	447.12
Earnings From Cont. Operations, 5 Yr. CAGR %	9.92	-22.31	-27.17	233.4	454.35
Net Income, 5 Yr. CAGR %	9.92	-22.31	-27.17	233.4	454.35
Normalized Net Income, 5 Yr. CAGR %	8.42	-23.37	-28.16	235.77	453.99
Diluted EPS Before Extra, 5 Yr. CAGR %	11.38	-24.21	-27.56	104.44	100
Accounts Receivable, 5 Yr. CAGR %	-5.16	-	-0.21	226.75	383.77
Total Assets, 5 Yr. CAGR %	-5.26	-4.3	-1.44	100.48	150.91
Tangible Book Value, 5 Yr. CAGR %	0.04	1.13	0.95	189.59	228.28
Common Equity, 5 Yr. CAGR %	0.04	1.13	0.95	189.59	228.29
Cash From Operations, 5 Yr. CAGR %	-69.27	-64.28	-50.91	430.98	618.92
Levered Free Cash Flow, 5 Yr. CAGR %	-79.46	-64.26	-34.09	216.12	451.88
Unlevered Free Cash Flow, 5 Yr. CAGR %	-79.46	-64.26	-34.09	216.12	451.88