BGR Energy Systems Limited (BGRENERGY) — Financial Results

Investor Takeaways

Revenue declined 20.0% YoY to ₹66.05 Cr in Q3FY25 from ₹82.54 Cr in Q2FY25

Net loss widened to ₹336.27 Cr in Q3FY25 from ₹192.79 Cr loss in Q2FY25

⚠️ OPM turned deeply negative at -290.66% in Q3FY25 from -83.35% in Q2FY25

Overall Tone: Cautious based on the numbers only.

Key Financial Highlights

Metric	Value	YoY Change
Revenue	₹66.05 Cr	-20.0%
Net Profit	₹-336.27 Cr	N/A (loss)
EBITDA	N/A	N/A
EPS	₹-46.58	N/A
OPM	-290.66%	N/A

What Changed

The company reported a sharp deterioration in quarterly performance with revenue declining 20% to ₹66.05 Cr in Q3FY25 compared to ₹82.54 Cr in the previous quarter (Q2FY25). Net profit turned to a loss of ₹336.27 Cr from a smaller loss of ₹192.79 Cr in Q2FY25, indicating worsening profitability. Operating margin (OPM) collapsed to -290.66% from -83.35% in Q2FY25, reflecting significantly higher costs relative to revenue. The company had previously shown profitability in Q4FY24 with a net profit of ₹129.44 Cr and OPM of 95.34%, but this was followed by three consecutive quarters of losses. EPS remained negative at ₹-46.58 in Q3FY25. The annualized P/E ratio stands at -2.47, reflecting ongoing losses. Promoter holding remains at 52.41%, and the company operates in the Industrials sector with a market capitalization of ₹2,103.15 Cr.

Peer Comparison

Company	P/E	ROE	ROCE	Market Cap (₹ Cr)
BGR Energy Systems Limited	-2.47	0%	0%	2,103.15
Schneider Electric Infrastructure Limited	45.68	0%	0%	21,280.26
TVS Supply Chain Solutions Limited	27.15	0%	0%	4,432.54
GE Power India Limited	22.47	0%	0%	2,858.18

BGR Energy’s negative P/E ratio contrasts sharply with peers trading at positive P/E multiples, though all listed companies show zero ROE and ROCE in the provided data.