EN DE

BF Utilities Limited (BFUTILITIE) Fair Value & Analysis

Industrials · IN · Market cap ₹23.4B

BU BF Utilities Limited BFUTILITIE · NSE
Price₹560.20
Fair Value₹700.07
Upside+25.0%
Quality70/100
Watch BF Utilities Limited for free, get notified when fair value or trend changes. Watch for free
Healthy Growth
Solidly profitable · 17.9% net margin
High debt · generates free cash flow
Ranks above peers (9/13)
Wide moat 85/100
Evidence: Medium Range ₹525.05 – ₹1,107 Share as image

Fair value as of: Aug 2, 2026

From 24 valuation models · updated 11 days ago

Share price −16.7% over the past month.

A solid business, screening 25% undervalued on our models.

What matters now

  • A fairly wide model range (₹525.05 to ₹1,107) leaves room in how you read the outcome.
  • Our model range runs from ₹525.05 (bear) to ₹1,107 (bull), base ₹700.07. The closer the price sits to the lower half, the larger the margin of safety.
  • Quality 70/100 (solid quality) with medium evidence: read the verdict with care.
Share this valuation: 𝕏 WhatsApp

Price vs Fair Value (5 years)

₹1,112 ₹228.15 Fair Value ₹700.07 Apr 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 2, 2026.

How to read this chart

60‑month range ₹228.15 – ₹1,112 · fair‑value band ₹525.05 – ₹1,107 · the ₹560.20 price screens below the ₹700.07 fair value. Dashed = 300-day average. As of Aug 2, 2026.

Full chart & analysis →

Which stocks are undervalued right now? Check free Discover now →

Analysis

BF Utilities Limited (BFUTILITIE) currently trades at ₹560.20, while our model-based Fair Value estimate is ₹700.07, implying the stock looks roughly 25.0% undervalued today. The Quality Score stands at 70/100 (solid quality), in the Industrials sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: medium), always confirm before acting.

Over the trailing twelve months, BF Utilities Limited generated revenue of ₹8.9B at a net margin of 17.9%. Revenue grew 12.0% year over year. It earns a return on equity of 37.0%. Net debt stands at ₹7.2B. Fundamentals as of Aug 2, 2026

Our scenario range runs from ₹525.05 (bear case) to ₹1,107 (bull case); at ₹560.20, the current price sits within that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 38% below its 52-week high and 52% above its 52-week low, currently below its 200-day average. For context, the median of 10 Industrials peers we cover trades at 4% fair-value upside, at 25%, BFUTILITIE screens cheaper than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model Bear Bear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull Bull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. Evidence
Highest evidence
Growth DCF ₹1,365 ₹2,918 ₹5,364 80
Residual Income ₹326.02 ₹571.71 ₹15,245 76
Rev-Margin DCF ₹591.42 ₹1,040 ₹1,647 74
All 24 models by family
DCF Models
FCF DCF ₹1,406 ₹2,754 ₹6,082 38
Owner Earnings ₹539.55 ₹1,254 ₹2,619 31
5Y Revenue Exit ₹591.42 ₹1,039 ₹1,634 39
5Y EBITDA Exit ₹1,134 ₹2,239 ₹3,687 41
5Y P/E Exit ₹663.47 ₹1,199 ₹1,823 38
10Y Revenue Exit ₹825.89 ₹1,371 ₹2,204 36
10Y EBITDA Exit ₹1,211 ₹2,286 ₹4,046 37
10Y P/E Exit ₹889.62 ₹1,492 ₹2,374 35
Earnings-Based
Graham-Dodd ₹264.47 ₹1,533 ₹2,132 54
Lynch FV ₹432.88 ₹618.39 ₹803.91 50
PEG = 1.0 ₹432.88 ₹618.39 ₹803.91 46
EPV ₹922.58 ₹1,102 ₹1,259 59
Multiples
P/E Multiple ₹525.05 ₹700.07 ₹875.08 63
P/S Multiple ₹416.56 ₹555.41 ₹694.26 58
P/B Multiple ₹72.24 ₹96.32 ₹120.39 55
EV/EBIT ₹1,485 ₹2,032 ₹2,578 53
EV/EBITDA ₹1,079 ₹1,490 ₹1,901 54
EV/Revenue ₹234.11 ₹400.74 ₹567.36 43
Asset-Based
NCAV (Graham) ₹26.75 ₹35.85 ₹53.51 50
Growth DCF
Growth DCF ₹1,365 ₹2,918 ₹5,364 80
Rev-Margin DCF ₹591.42 ₹1,040 ₹1,647 74
Economic Profit
Residual Income ₹326.02 ₹571.71 ₹15,245 76
ROIC Compounder ₹1,056 ₹1,429 ₹1,886 72
Growth Earnings
Growth-Adj P/E ₹596.00 ₹851.42 ₹1,107 68

Widest divergence: DCF Models (₹1,371) versus Asset-Based (₹35.85). Highest evidence: Growth DCF (80).

Notify me when BFUTILITIE reaches fair value

Free. You confirm by email (double opt-in) and can unsubscribe anytime in one click.

Key figures & financial health

Revenue (TTM) ₹8.9B
Revenue growth (YoY) +12.0%
Net margin 17.9%
Return on equity 37.0%
Free cash flow ₹4.1B FY2025
P/E ratio 14.8
More key figures
Operating margin 68.7%
EPS (TTM) ₹42.02
EPS growth (YoY) +20.0%
Net debt ₹7.2B FY2025

Figures from reported company fundamentals · as of Aug 2, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 70/100

Of which business quality 64 · Market factors (momentum, volatility) 40

Profitability 58
Margins and returns on capital today
Quality Growth 55
Are margins and returns improving?
Cashflow 99
Earnings quality: real cash, not paper profit
Fin. Strength 21
Balance sheet, leverage, solvency risk
Investment 84
Disciplined investing over empire-building
Low Volatility 67
Calm price path (market factor)
Momentum 33
Price trend over the last 3–12 months (market factor)
52W Momentum 22
Distance to the 52-week high (market factor)
Net Issuance 82
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

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.

Full company description

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 2000 and is based in Pune, India.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

BF Utilities Limited reported revenue of ₹8.4B in FY2025 versus ₹3.7B in FY2021, a compound +22.6%/yr. Reported net income was ₹1.5B in FY2025.

Growth Quality 100/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2025)
₹8.4B
Avg. growth/yr (3Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+37.8%
Avg. growth/yr (5Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+16.7%
Avg. growth/yr (21Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+6.2%
Revenue +22.6%/yr
FY21 ₹3.7B
FY22 ₹5.1B
FY23 ₹7.6B
FY24 ₹9.7B
FY25 ₹8.4B
Net income
FY21 −₹24.7M
FY22 ₹508M
FY23 ₹1.2B
FY24 ₹1.5B
FY25 ₹1.5B
Character of growth · EPS growth decomposed (2015-2025) +18.8 % p.a.
Revenue per share +9.0 pp

of which total revenue +9.0 pp · buybacks/dilution +0.0 pp

EBIT margin +5.7 pp
Tax rate −4.3 pp
Residual (interest, one-offs) +8.4 pp

Absolute contributions in percentage points per year; they sum to the EPS growth rate. Start and end points are 3-year averages (details on hover).

Watch BFUTILITIE: get an alert when its fair value changes →

Share or link this analysis
For bloggers & editors: embed code + live data

For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.

Cite: Fair Value Calculator (2026). "BF Utilities Limited Fair Value". https://www.fairvalue-calculator.com/stock/BFUTILITIE

Peer Group

Infrastructure Operations · 65 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 70 · Top 25%
Fair Value upside +25% · Above median
Return on equity (TTM) 37% · Top 25%
Return on assets 15% · Top 25%
Net margin (TTM) 18% · Above median
Operating margin (TTM) 69% · Top 25%
Revenue growth 12% · Top 25%
Debt / equity 3.94× · Higher than 75% of peers

Valuation Multiples vs Infrastructure Operations median · lower = cheaper

P/E (TTM) 14.8× · Pricier than median
P/B 11.61× · Pricier than 75% of peers
P/S (TTM) 2.64× · Pricier than median
P/FCF 0.1× · Cheaper than 75% of peers
EV/EBITDA 4.3× · Cheaper than 75% of peers

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 67 · sector 49
FUTURE 60 · sector 13
PAST 100 · sector 26
HEALTH 0 · sector 73
DIVIDEND 0 · sector 77

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Infrastructure Operations stocks, each showing price versus our Fair Value estimate (as of Aug 2, 2026).

Compare BF Utilities Limited with another stock

Price, fair value, quality and upside side by side.

Free, no sign-up

Explore undervalued stocks

More undervalued Industrials stocks →

All undervalued stocks TechnologyFinancial ServicesHealthcareConsumer CyclicalConsumer DefensiveCommunication ServicesIndustrialsEnergyBasic MaterialsReal EstateUtilities Deeply Undervalued StocksUndervalued Blue-Chip StocksUndervalued Small-Cap StocksUndervalued Dividend Stocks

Frequently asked questions

Is BF Utilities Limited (BFUTILITIE) overvalued or undervalued?
As of Aug 2, 2026, our model estimates a fair value of ₹700.07 versus a price of ₹560.20, about +25% (undervalued).
What is the fair value of BFUTILITIE?
Our model-based fair value for BF Utilities Limited is ₹700.07 (as of Aug 2, 2026), built from audited fundamentals. The current price is ₹560.20.
What is the quality score of BFUTILITIE?
BF Utilities Limited has a Quality Score of 70/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the revenue of BF Utilities Limited (BFUTILITIE)?
BF Utilities Limited reported trailing-twelve-month revenue of about ₹8.9B (latest available figure, as of Aug 2, 2026).
What is the net profit margin of BFUTILITIE?
The net profit margin of BF Utilities Limited is about 17.9%, meaning it keeps roughly 17.9% of revenue as net income. Based on the latest reported figures.

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

14 days Pro free · no card

Track BF Utilities Limited and try Pro for 14 days

One email gets you 14 days of full Pro (review alerts, the 35,000+ stock screener, the diversification check) plus the monthly Top-25 report of the most undervalued quality stocks. No card, cancel anytime.

Zero risk: nothing is ever charged. After 14 days you decide whether to stay.