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BF Investment Limited (533303) Report Analysis

Corporate Events

Neutral

BF Investment Limited to Report Q2, 2023 Result...

2022-10-21 09:11:00

BF Investment Limited announced that they will report Q2, 2023 results at 12:15 PM, Indian Standard Time on Nov 11, 2022

Neutral

BF Investment Limited, Board Meeting, Nov 11, 2022

2022-10-21 09:11:00

BF Investment Limited, Board Meeting, Nov 11, 2022. Agenda: To consider, approve and take on record the Unaudited Financial Results for the qu...

Neutral

BF Investment Limited, Annual General Meeting, ...

2022-08-24 11:02:00

BF Investment Limited, Annual General Meeting, Sep 28, 2022, at 11:00 Indian Standard Time. Agenda: To consider the audited standalone financi...

Neutral

BF Investment Limited - Shareholder/Analyst Call

2022-08-24 11:02:00

Annual General Meeting

Neutral

BF Investment Limited, Board Meeting, Aug 12, 2022

2022-08-02 08:50:00

BF Investment Limited, Board Meeting, Aug 12, 2022. Agenda: To approve and take on record the Unaudited Financial Results (Standalone & Consol...

Neutral

BF Investment Limited to Report Q1, 2023 Result...

2022-08-02 08:50:00

BF Investment Limited announced that they will report Q1, 2023 results on Aug 12, 2022

Neutral

BF Investment Limited to Report Q4, 2022 Result...

2022-05-17 09:48:00

BF Investment Limited announced that they will report Q4, 2022 results on May 30, 2022

Neutral

BF Investment Limited, Board Meeting, May 30, 2022

2022-05-17 09:48:00

BF Investment Limited, Board Meeting, May 30, 2022, at 10:15 Indian Standard Time. Agenda: To approve and take on record the Audited Financial...

Neutral

BF Investment Limited, Board Meeting, Feb 11, 2022

2022-02-11 17:02:00

BF Investment Limited, Board Meeting, Feb 11, 2022.

Neutral

BF Investment Limited to Report Q2, 2023 Results on Nov 11, 2022

2022-10-21 09:11:00

BF Investment Limited announced that they will report Q2, 2023 results at 12:15 PM, Indian Standard Time on Nov 11, 2022

Neutral

BF Investment Limited, Board Meeting, Nov 11, 2022

2022-10-21 09:11:00

BF Investment Limited, Board Meeting, Nov 11, 2022. Agenda: To consider, approve and take on record the Unaudited Financial Results for the quarter ended on September 30, 2022 as reviewed by the Audit Committee.

Neutral

BF Investment Limited, Annual General Meeting, Sep 28, 2022

2022-08-24 11:02:00

BF Investment Limited, Annual General Meeting, Sep 28, 2022, at 11:00 Indian Standard Time. Agenda: To consider the audited standalone financial statements of the Company for the Financial Year ended March 31, 2022, the reports of the Board of Directors and Auditors thereon; to consider the audited consolidated financial statements of the Company for the Financial Year ended March 31, 2022 and the report of the Auditors thereon; to consider directorate appointments; to consider Payment of commission to Non Executive Director; and to consider other matters.

Neutral

BF Investment Limited - Shareholder/Analyst Call

2022-08-24 11:02:00

Annual General Meeting

Neutral

BF Investment Limited, Board Meeting, Aug 12, 2022

2022-08-02 08:50:00

BF Investment Limited, Board Meeting, Aug 12, 2022. Agenda: To approve and take on record the Unaudited Financial Results (Standalone & Consolidated) for the quarter ended on June 30, 2022 as reviewed by the Audit Committee.

Neutral

BF Investment Limited to Report Q1, 2023 Results on Aug 12, 2022

2022-08-02 08:50:00

BF Investment Limited announced that they will report Q1, 2023 results on Aug 12, 2022

Neutral

BF Investment Limited to Report Q4, 2022 Results on May 30, 2022

2022-05-17 09:48:00

BF Investment Limited announced that they will report Q4, 2022 results on May 30, 2022

Neutral

BF Investment Limited, Board Meeting, May 30, 2022

2022-05-17 09:48:00

BF Investment Limited, Board Meeting, May 30, 2022, at 10:15 Indian Standard Time. Agenda: To approve and take on record the Audited Financial Results (Standalone & Consolidated) for the year ended on March 31, 2022 as reviewed by the Audit Committee.

Neutral

BF Investment Limited, Board Meeting, Feb 11, 2022

2022-02-11 17:02:00

BF Investment Limited, Board Meeting, Feb 11, 2022.

Fundamental Summary

Looking at BF's financials of Q1 reflected decent results. The company's growth, value, and income factors all individually appear negative and will put significant pressure on the likelihood of continued positive performance. We gave BF a 63 rating and a HOLD recommendation.

BF reported earnings results for the second quarter and six months ended September 30, 2022. For the second quarter, the company reported revenue was INR 136.77 million compared to INR 59.76 million a year ago. Net income was INR 513.16 million compared to INR 404.73 million a year ago. Basic earnings per share from continuing operations was INR 13.62 compared to INR 10.74 a year ago. Diluted earnings per share from continuing operations was INR 13.62 compared to INR 10.74 a year ago.For the six months, revenue was INR 181.64 million compared to INR 111.21 million a year ago. Net income was INR 861.41 million compared to INR 736.88 million a year ago. Basic earnings per share from continuing operations was INR 22.87 compared to INR 19.56 a year ago. Diluted earnings per share from continuing operations was INR 22.87 compared to INR 19.56 a year ago.

Sector Overview

BF is included in the Capital Markets according to GICS (global industry classification standard). The Capital Markets industry is part of the Financials sector. It includes companies that engage in Diversified Capital Markets, Investment Banking & Brokerage, Asset Management & Custody Banks. BF's industry and sector affiliation are expected to positively boost their relative likelihood to overperform the market looking forward, as they should benefit significantly from the macroeconomic environment we see now.

Fundamental Highlights


Parameter Value Change Score
Assets 6.5B 3.6% 71
Liabilities 21.0M -64.9% 44
Price to Book 0.3 -6.5% 67
Cash & Equivalents 7.2M -17.6% 65
Equity 6.4B 4.3% 71
EBITDA 360.9M -25.5% 65
Parameter Value Change Score
Total Revenues 385.3M -23.8% 54
Return on Equity 4.2 -42.7% 65
Net Cashflow -1.5M -212.0% 70
Asset Turnover 0.1 -27.8% 65
Free Cashflow Per Share 12.1 50.6% 63
* All values are TTM

The below chart reflects BF's birds-eye view on its performance with respect to its peers, the company's fillings as reported or to a similar industry, market cap, and country of origin. While BF's peer average final assessment score stands on 69, BF's score is 63.

  •  533303
  •  Peers average
Name Market Cap Balance Sheet Income Statement Cash Flow Rating Final Assessment mc_sort Hidden
Nalwa Sons Investments Limited 12.3B 56 77 67
Hold
65
65 0 1
Monarch Networth Capital Limited 12.0B 52 71 68
Underperform
55
55 1 1
Dolat Algotech Limited 11.9B 82 45 76
Hold
71
71 2 1
UGRO Capital Limited 11.4B 82 70 68
Hold
78
78 3 1
Geojit Financial Services Limited 11.3B 74 83 65
Buy
79
79 4 1
PNB Gilts Ltd. 11.3B 68 82 55
Hold
68
68 5 1
Centrum Capital Limited 10.7B 85 64 88
Buy
81
81 6 1
5paisa Capital Limited 9.6B 85 58 81
Hold
76
76 7 1
Dhunseri Ventures Limited 9.1B 91 76 58
Buy
85
85 8 1
Kalyani Investment Company Limited 8.2B 75 71 85
Hold
77
77 9 1
Arihant Capital Markets Limited 7.0B 87 80 66
Buy
86
86 10 1
Summit Securities Limited 6.9B 44 62 87
Underperform
51
51 11 1
Nahar Capital and Financial Services Limited 5.6B 70 54 67
Hold
63
63 12 1
Jindal Poly Investment and Finance Company Limited 5.3B 60 44 81
Underperform
55
55 13 1
The Investment Trust of India Limited 5.0B 55 84 65
Hold
66
66 14 1
Mahanivesh (India) Limited 4.5B 58 40 71
Underperform
46
46 15 1
Dhunseri Investments Limited 4.5B 46 72 76
Underperform
54
54 16 1
Kiran Vyapar Limited 4.0B 82 79 58
Buy
80
80 17 1
Swiss Military Consumer Goods Limited 3.7B 42 64 78
Underperform
50
50 18 1
Aditya Birla Money Limited 3.5B 88 81 75
Strong Buy
88
88 19 1
Jindal Photo Limited 3.5B 77 57 75
Hold
73
73 20 1
SIL Investments Limited 3.3B 64 55 81
Hold
61
61 21 1
Prime Securities Limited 3.2B 58 76 53
Underperform
58
58 22 1
Industrial & Prudential Investment Company Limited 3.2B 89 68 87
Buy
85
85 23 1
Indo Thai Securities Limited 3.2B 64 42 42
Underperform
51
51 24 1
Jaykay Enterprises Limited 3.0B 58 58 76
Hold
61
61 25 1
Systematix Corporate Services Limited 3.0B 77 93 75
Buy
86
86 26 1
Master Trust Limited 2.7B 78 64 50
Hold
70
70 27 1
STEL Holdings Limited 2.6B 80 55 45
Hold
67
67 28 1
IL&FS Investment Managers Limited 2.4B 73 57 79
Hold
69
69 29 1
ABans Enterprises Limited 2.4B 52 78 76
Hold
62
62 30 1
Quest Capital Markets Limited 2.1B 96 48 74
Hold
78
78 31 1
Almondz Global Securities Limited 2.0B 87 50 68
Hold
73
73 32 1
Industrial Investment Trust Limited 2.0B 74 62 71
Hold
70
70 33 1
Shardul Securities Limited 1.9B 59 61 81
Underperform
60
60 34 1
Emkay Global Financial Services Limited 1.8B 82 90 70
Strong Buy
88
88 35 1
Avonmore Capital & Management Services Limited 1.7B 69 79 70
Hold
73
73 36 1
Bombay Oxygen Investments Limited 1.7B 84 57 94
Hold
77
77 37 1
RSD Finance Limited 1.3B 78 49 54
Hold
65
65 38 1
Indbank Merchant Banking Services Limited 1.1B 54 73 53
Hold
62
62 39 1
LKP Finance Limited 1.1B 89 49 74
Hold
73
73 40 1
Welspun Investments and Commercials Limited 1.1B 83 60 50
Hold
72
72 41 1
LKP Securities Limited 1.1B 85 89 84
Strong Buy
92
92 42 1
Greencrest Financial Services Limited 994.2M 61 63 67
Hold
61
61 43 1
McDowell Holdings Limited 969.0M 73 57 51
Hold
63
63 44 1
DB (International) Stock Brokers Limited 899.5M 84 55 67
Hold
68
68 45 1
Shriram Asset Management Company Limited 881.7M 62 71 84
Hold
69
69 46 1
Global Capital Markets Limited 697.0M 55 50 80
Underperform
52
52 47 1
NCL Research & Financial Services Limited 556.6M 66 85 92
Strong Buy
87
87 48 1
Intellivate Capital Ventures Limited 500.4M 73 70 79
Buy
80
80 49 1
GCM Securities Limited 476.8M 48 85 76
Hold
65
65 50 1
Pioneer Investcorp Limited 466.7M 73 65 64
Hold
72
72 51 1
Wallfort Financial Services Ltd. 457.2M 71 46 63
Hold
61
61 52 1
Yamini Investments Company Limited 441.6M 46 54 59
Underperform
45
45 53 1
HB Stockholdings Limited 420.4M 75 66 67
Hold
71
71 54 1
Pro Fin Capital Services Ltd. 398.5M 81 43 63
Hold
62
62 55 1
HB Portfolio Limited 378.9M 64 47 88
Underperform
60
60 56 1
Cni Research Limited 311.1M 97 59 60
Hold
77
77 57 1
Odyssey Corporation Limited 291.9M 79 76 88
Buy
86
86 58 1
Monotype India Limited 225.0M 62 64 49
Underperform
52
52 59 1
Stampede Capital Limited 209.0M 37 69 82
Underperform
53
53 60 1
BFL Asset Finvest Limited 207.6M 70 58 66
Hold
63
63 61 1
Onelife Capital Advisors Limited 181.7M 78 67 51
Hold
65
65 62 1
AF Enterprises Limited 171.1M 72 82 63
Hold
75
75 63 1
Esaar (India) Limited 148.2M 69 62 69
Hold
71
71 64 1
Cubical Financial Services Limited 117.3M 60 57 99
Hold
71
71 65 1
Goenka Business & Finance Limited 109.2M 62 89 50
Hold
66
66 66 1
Alka Securities Limited 85.4M 91 86 61
Strong Buy
90
90 67 1
Gemstone Investments Limited 75.5M 82 96 85
Strong Buy
98
98 68 1
Confidence Finance and Trading Limited 73.9M 68 68 76
Hold
76
76 69 1
Essar Securities Limited 72.9M 79 50 88
Hold
74
74 70 1
Jackson Investments Limited 55.2M 43 72 77
Underperform
58
58 71 1
Mathew Easow Research Securities Limited 38.5M 59 55 60
Underperform
51
51 72 1
Pilani Investment and Industries Corporation Limited 21.2B 59 66 71
Underperform
59
59 73 1
VLS Finance Limited 5.2B 79 70 64
Hold
75
75 74 1
Consolidated Finvest & Holdings Limited 4.4B 69 55 59
Hold
63
63 75 1
N.B.I. Industrial Finance Company Limited 4.2B 50 80 68
Underperform
59
59 76 1
Wealth First Portfolio Managers Limited 3.1B 85 50 66
Hold
72
72 77 1
Inventure Growth & Securities Limited 2.4B 87 49 91
Hold
76
76 78 1
BLB Limited 1.1B 90 78 67
Strong Buy
87
87 79 1
Steel City Securities Limited 910.2M 66 60 68
Hold
64
64 80 1

Macro Environment

Neutral
60

Typically, the stock market in India will react to recent economic events, as well as be influenced by the sentiment in other major economies around the world, such as the United States, European Union, and China. Our assessment is that these two events may influence global market sentiment. On the negative side we have the tensions between taiwan and china, and on the positive side we have the end of COVID-19 pandemic.

Positive end of COVID-19 pandemic

The World Health Organization issued six policy briefs outlining essential steps governments could take to stop the pandemic. The briefings, which are based on evidence and experience from the previous 32 months, provide guidance on how to save lives, protect health systems, and minimize social and economic disruption.

Negative tensions between taiwan and china

The tensions between Taiwan and China have spiked following Nancy Pelosi's visit to Taipei. China staged war games near Taiwan to express its anger at what it saw as stepped-up U.S. support for the island Beijing views as sovereign Chinese territory. Because Taiwan produces the majority of the world's semiconductors, which are used in every electronic device today, a war between China and Taiwan might be catastrophic for the global economy.

Besides the events we mentioned, there are also specific events related to the Diversified Financials industry of which BF Investment Limited is a part. As a result, we believe that the rising interest rate is a positive event that will continue to support the industry in the future, whereas the rising inflation may cloud the sector's shares.

Positive rising interest rate

From a historical point of view, the finance sector functions well when interest rates are rising, mainly due to the increase in loan repayments from lenders. Also, insurers often reinvest policyholder premiums into bond instruments, allowing them to profit when Treasury yields increase.

Negative rising inflation

The sudden increase in inflation is generally regarded as the most painful since it takes companies several quarters to pass on higher input costs to consumers. Historically, companies traded in the Diversified Financials industry have been hit by high inflation times due to increased operating expenses and decreased revenues.

In considering the current macro environment and the risks that might affect BF Investment Limited stock, we came to the conclusion that recent events aren't likely to affect the company's performance in the short term, and thus rated BF Investment Limited macro environment with the score of 60.

Technical Analysis

When trying to optimize the timing of an investment, it's critical to analyze whether the stock looks overbought or oversold, and in which direction the momentum is moving. BF's stock is now priced above its 5-day and 200-day, but below its 50-day moving average, while its MACD (moving average convergence divergence) indicates that the stock's price movement momentum is weakening. Historically, this is a positive setup in the near and long-term. In particular, many institutional investors keep close watch of the 200-day moving average. Meanwhile, looking at the Stochastic Oscillator and RSI (relative strength index), BF's stock doesn't strongly signal being overbought or oversold. Overall, these technical indicators signal negative momentum. Therefore, this stock received a cumulative TA (technical analysis) score of 52.

Bearish 52
Close Price 288.1
52W Low 244.0
52W High 349.95
5D MA 285.32
50D MA 291.23
200D MA 285.42
MACD -1.63
RSI 32.86
STOCH 92.38

Balance Sheet Analysis

At a high level, BF delivered stable balance sheet metrics this period. BF's balance sheet metrics didn't highlight too many outstanding numbers, for either the good or the bad. BF assets on their balance sheet, moved to 6.5B, which is a 3.6% change from the last period. This performance is interesting in comparison to its peers and competitors. The company's asset component, therefore, received a grade of 71. Also, BF reported solid equity numbers this period. At filing, equity was reported as 6.4B, representing 4.3% change from the previous period. This parameter often affects companies in the same industry and market capitalization by up to 11.1%. This performance is significantly more impressive than its peers and competitors. Consequently, their equity movement received a grade of 71. That said, one metric, Liabilities, stood out as strongly negative. BF's liabilities stood at 21.0M in the current filing, which represents a -64.9% change from the previous report. These liabilities metrics show that management has been unsuccessful in encouraging healthy growth while managing liabilities. Its liabilities movement component, therefore, received a grade of 44. Therefore, it received a score of 64.

Parameter Value Change Score
Assets 6.5B 3.6% 71
Liabilities 21.0M -64.9% 44
Price to Book 0.3 -6.5% 67
Cash & Equivalents 7.2M -17.6% 65
Equity 6.4B 4.3% 71
* All values are TTM

The below chart describes BF's performance as reflected on its balance sheet with respect to its peers. While BF received a balance sheet score of 64, the average of its peers stands on 72.

  •  533303
  •  Peers average
Name Market Cap Liabilities Movement Asset Change Equity/Intangibles Adjustments Cash & Equivalents Book Value Momentum Balance Sheet mc_sort Hidden
Nalwa Sons Investments Limited 12.3B 65.0 80.0 71.0 66.0 46.0 56 0 1
Monarch Networth Capital Limited 12.0B 66.0 69.0 48.0 63.0 47.0 52 1 1
Dolat Algotech Limited 11.9B 93.0 62.0 72.0 72.0 77.0 82 2 1
UGRO Capital Limited 11.4B 97.0 38.0 38.0 93.0 84.0 82 3 1
Geojit Financial Services Limited 11.3B 81.0 52.0 49.0 58.0 79.0 74 4 1
PNB Gilts Ltd. 11.3B 84.0 54.0 57.0 79.0 66.0 68 5 1
Centrum Capital Limited 10.7B 84.0 48.0 66.0 82.0 82.0 85 6 1
5paisa Capital Limited 9.6B 88.0 44.0 40.0 91.0 88.0 85 7 1
Dhunseri Ventures Limited 9.1B 88.0 51.0 65.0 62.0 91.0 91 8 1
Kalyani Investment Company Limited 8.2B 41.0 40.0 70.0 64.0 86.0 75 9 1
Arihant Capital Markets Limited 7.0B 78.0 54.0 66.0 57.0 88.0 87 10 1
Summit Securities Limited 6.9B 81.0 40.0 59.0 47.0 42.0 44 11 1
Nahar Capital and Financial Services Limited 5.6B 76.0 65.0 83.0 40.0 71.0 70 12 1
Jindal Poly Investment and Finance Company Limited 5.3B 81.0 51.0 69.0 54.0 62.0 60 13 1
The Investment Trust of India Limited 5.0B 56.0 71.0 41.0 62.0 60.0 55 14 1
Mahanivesh (India) Limited 4.5B 74.0 76.0 71.0 58.0 51.0 58 15 1
Dhunseri Investments Limited 4.5B 44.0 53.0 61.0 72.0 45.0 46 16 1
Kiran Vyapar Limited 4.0B 57.0 83.0 87.0 47.0 88.0 82 17 1
Swiss Military Consumer Goods Limited 3.7B 46.0 53.0 47.0 63.0 43.0 42 18 1
Aditya Birla Money Limited 3.5B 88.0 49.0 46.0 90.0 89.0 88 19 1
Jindal Photo Limited 3.5B 51.0 76.0 72.0 51.0 80.0 77 20 1
SIL Investments Limited 3.3B 40.0 85.0 70.0 81.0 61.0 64 21 1
Prime Securities Limited 3.2B 49.0 86.0 57.0 55.0 50.0 58 22 1
Industrial & Prudential Investment Company Limited 3.2B 77.0 58.0 66.0 81.0 87.0 89 23 1
Indo Thai Securities Limited 3.2B 58.0 80.0 47.0 72.0 68.0 64 24 1
Jaykay Enterprises Limited 3.0B 61.0 47.0 78.0 58.0 53.0 58 25 1
Systematix Corporate Services Limited 3.0B 60.0 88.0 51.0 82.0 88.0 77 26 1
Master Trust Limited 2.7B 58.0 90.0 47.0 76.0 90.0 78 27 1
STEL Holdings Limited 2.6B 53.0 91.0 49.0 74.0 94.0 80 28 1
IL&FS Investment Managers Limited 2.4B 52.0 63.0 69.0 84.0 73.0 73 29 1
ABans Enterprises Limited 2.4B 84.0 39.0 45.0 94.0 50.0 52 30 1
Quest Capital Markets Limited 2.1B 71.0 88.0 76.0 80.0 94.0 96 31 1
Almondz Global Securities Limited 2.0B 77.0 68.0 85.0 78.0 90.0 87 32 1
Industrial Investment Trust Limited 2.0B 69.0 71.0 46.0 56.0 80.0 74 33 1
Shardul Securities Limited 1.9B 50.0 68.0 72.0 62.0 60.0 59 34 1
Emkay Global Financial Services Limited 1.8B 82.0 50.0 48.0 56.0 88.0 82 35 1
Avonmore Capital & Management Services Limited 1.7B 56.0 79.0 55.0 68.0 80.0 69 36 1
Bombay Oxygen Investments Limited 1.7B 56.0 60.0 92.0 82.0 78.0 84 37 1
RSD Finance Limited 1.3B 60.0 76.0 91.0 41.0 84.0 78 38 1
Indbank Merchant Banking Services Limited 1.1B 44.0 81.0 74.0 66.0 49.0 54 39 1
LKP Finance Limited 1.1B 87.0 54.0 66.0 88.0 84.0 89 40 1
Welspun Investments and Commercials Limited 1.1B 37.0 97.0 81.0 39.0 98.0 83 41 1
LKP Securities Limited 1.1B 66.0 59.0 44.0 79.0 91.0 85 42 1
Greencrest Financial Services Limited 994.2M 55.0 81.0 79.0 65.0 51.0 61 43 1
McDowell Holdings Limited 969.0M 71.0 94.0 42.0 38.0 89.0 73 44 1
DB (International) Stock Brokers Limited 899.5M 92.0 49.0 73.0 69.0 80.0 84 45 1
Shriram Asset Management Company Limited 881.7M 51.0 58.0 70.0 61.0 65.0 62 46 1
Global Capital Markets Limited 697.0M 48.0 79.0 71.0 78.0 53.0 55 47 1
NCL Research & Financial Services Limited 556.6M 66.0 51.0 82.0 97.0 66.0 66 48 1
Intellivate Capital Ventures Limited 500.4M 64.0 64.0 93.0 90.0 72.0 73 49 1
GCM Securities Limited 476.8M 65.0 51.0 54.0 60.0 66.0 48 50 1
Pioneer Investcorp Limited 466.7M 48.0 80.0 49.0 67.0 83.0 73 51 1
Wallfort Financial Services Ltd. 457.2M 68.0 60.0 81.0 71.0 69.0 71 52 1
Yamini Investments Company Limited 441.6M 70.0 50.0 54.0 79.0 41.0 46 53 1
HB Stockholdings Limited 420.4M 80.0 63.0 92.0 59.0 65.0 75 54 1
Pro Fin Capital Services Ltd. 398.5M 66.0 79.0 75.0 41.0 89.0 81 55 1
HB Portfolio Limited 378.9M 54.0 63.0 63.0 68.0 66.0 64 56 1
Cni Research Limited 311.1M 71.0 86.0 97.0 42.0 85.0 97 57 1
Odyssey Corporation Limited 291.9M 71.0 53.0 95.0 41.0 99.0 79 58 1
Monotype India Limited 225.0M 71.0 57.0 62.0 86.0 41.0 62 59 1
Stampede Capital Limited 209.0M 40.0 45.0 62.0 95.0 37.0 37 60 1
BFL Asset Finvest Limited 207.6M 85.0 71.0 54.0 59.0 75.0 70 61 1
Onelife Capital Advisors Limited 181.7M 70.0 55.0 89.0 85.0 67.0 78 62 1
AF Enterprises Limited 171.1M 56.0 93.0 41.0 72.0 85.0 72 63 1
Esaar (India) Limited 148.2M 70.0 56.0 95.0 90.0 56.0 69 64 1
Cubical Financial Services Limited 117.3M 67.0 68.0 53.0 42.0 71.0 60 65 1
Goenka Business & Finance Limited 109.2M 79.0 70.0 47.0 61.0 52.0 62 66 1
Alka Securities Limited 85.4M 86.0 93.0 66.0 68.0 90.0 91 67 1
Gemstone Investments Limited 75.5M 72.0 59.0 93.0 95.0 62.0 82 68 1
Confidence Finance and Trading Limited 73.9M 67.0 70.0 43.0 79.0 79.0 68 69 1
Essar Securities Limited 72.9M 68.0 61.0 87.0 87.0 82.0 79 70 1
Jackson Investments Limited 55.2M 63.0 61.0 44.0 42.0 55.0 43 71 1
Mathew Easow Research Securities Limited 38.5M 73.0 54.0 52.0 74.0 44.0 59 72 1
Pilani Investment and Industries Corporation Limited 21.2B 59.0 82.0 83.0 64.0 51.0 59 73 1
VLS Finance Limited 5.2B 79.0 72.0 89.0 71.0 69.0 79 74 1
Consolidated Finvest & Holdings Limited 4.4B 76.0 69.0 75.0 79.0 61.0 69 75 1
N.B.I. Industrial Finance Company Limited 4.2B 99.0 42.0 60.0 57.0 43.0 50 76 1
Wealth First Portfolio Managers Limited 3.1B 79.0 79.0 79.0 48.0 93.0 85 77 1
Inventure Growth & Securities Limited 2.4B 62.0 69.0 94.0 72.0 93.0 87 78 1
BLB Limited 1.1B 83.0 85.0 65.0 58.0 91.0 90 79 1
Steel City Securities Limited 910.2M 67.0 68.0 71.0 66.0 65.0 66 80 1

Income Statement Analysis

Taking a comprehensive view of BF's income statement statement, especially relative to their peers, BF looks likely to be able to maintain modest momentum. BF reported impressive EBITDA this period. At filing, EBITDA was reported as 360.9M, representing -25.5% change from the previous period. Companies in the same industry and market capitalization are typically affected by this parameter by up to 1.8%. The company is headed in the right direction regarding EBITDA, exhibiting efficient capital controls and strong overall financial performance. Consequently, their EBITDA movement received a grade of 65. That said, one metric, Revenue Efficiency, stood out as strongly negative. BF management did an underwhelming job managing revenue efficiency this past period. BF's revenue efficiency is 385.3M according to the metrics in the current filing, which represents a -23.8% change from the previous report. This metric might have a 0.3 percent impact on companies in the same industry and with the same market capitalization. Its uninspiring revenue efficiency is even more concerning relative to its peers and competitors in the current market. As a result, their revenue efficiency earned a score of 54. The companies' income statement, therefore, earned a score of 64.

Parameter Value Change Score
EBITDA 360.9M -25.5% 65
Total Revenues 385.3M -23.8% 54
Return on Equity 4.2 -42.7% 65
* All values are TTM

The below chart describes BF's performance as reflected on its income statement with respect to its peers. While BF received a income statement score of 64 , the average of its peers stands on 65.

  •  533303
  •  Peers average
Name Market Cap Revenue Momentum Earning Movement Return Factors Momentum Income Statement mc_sort Hidden
Nalwa Sons Investments Limited 12.3B 79.0 79.0 70.0 77 0 1
Monarch Networth Capital Limited 12.0B 60.0 70.0 74.0 71 1 1
Dolat Algotech Limited 11.9B 49.0 44.0 45.0 45 2 1
UGRO Capital Limited 11.4B 95.0 77.0 50.0 70 3 1
Geojit Financial Services Limited 11.3B 81.0 78.0 84.0 83 4 1
PNB Gilts Ltd. 11.3B 92.0 81.0 77.0 82 5 1
Centrum Capital Limited 10.7B 43.0 66.0 69.0 64 6 1
5paisa Capital Limited 9.6B 90.0 59.0 50.0 58 7 1
Dhunseri Ventures Limited 9.1B 89.0 79.0 62.0 76 8 1
Kalyani Investment Company Limited 8.2B 92.0 75.0 51.0 71 9 1
Arihant Capital Markets Limited 7.0B 82.0 76.0 80.0 80 10 1
Summit Securities Limited 6.9B 88.0 63.0 52.0 62 11 1
Nahar Capital and Financial Services Limited 5.6B 94.0 57.0 52.0 54 12 1
Jindal Poly Investment and Finance Company Limited 5.3B 41.0 69.0 45.0 44 13 1
The Investment Trust of India Limited 5.0B 84.0 80.0 85.0 84 14 1
Mahanivesh (India) Limited 4.5B 37.0 43.0 40.0 40 15 1
Dhunseri Investments Limited 4.5B 58.0 73.0 73.0 72 16 1
Kiran Vyapar Limited 4.0B 49.0 79.0 81.0 79 17 1
Swiss Military Consumer Goods Limited 3.7B 43.0 69.0 63.0 64 18 1
Aditya Birla Money Limited 3.5B 82.0 79.0 77.0 81 19 1
Jindal Photo Limited 3.5B 63.0 58.0 51.0 57 20 1
SIL Investments Limited 3.3B 38.0 69.0 43.0 55 21 1
Prime Securities Limited 3.2B 60.0 71.0 84.0 76 22 1
Industrial & Prudential Investment Company Limited 3.2B 47.0 77.0 61.0 68 23 1
Indo Thai Securities Limited 3.2B 96.0 53.0 39.0 42 24 1
Jaykay Enterprises Limited 3.0B 37.0 63.0 66.0 58 25 1
Systematix Corporate Services Limited 3.0B 45.0 76.0 97.0 93 26 1
Master Trust Limited 2.7B 70.0 72.0 60.0 64 27 1
STEL Holdings Limited 2.6B 91.0 61.0 51.0 55 28 1
IL&FS Investment Managers Limited 2.4B 53.0 57.0 55.0 57 29 1
ABans Enterprises Limited 2.4B 94.0 74.0 61.0 78 30 1
Quest Capital Markets Limited 2.1B 54.0 62.0 47.0 48 31 1
Almondz Global Securities Limited 2.0B 84.0 57.0 49.0 50 32 1
Industrial Investment Trust Limited 2.0B 56.0 58.0 67.0 62 33 1
Shardul Securities Limited 1.9B 56.0 63.0 62.0 61 34 1
Emkay Global Financial Services Limited 1.8B 92.0 83.0 91.0 90 35 1
Avonmore Capital & Management Services Limited 1.7B 81.0 75.0 66.0 79 36 1
Bombay Oxygen Investments Limited 1.7B 41.0 70.0 46.0 57 37 1
RSD Finance Limited 1.3B 55.0 56.0 56.0 49 38 1
Indbank Merchant Banking Services Limited 1.1B 94.0 63.0 77.0 73 39 1
LKP Finance Limited 1.1B 43.0 56.0 47.0 49 40 1
Welspun Investments and Commercials Limited 1.1B 67.0 73.0 55.0 60 41 1
LKP Securities Limited 1.1B 74.0 84.0 92.0 89 42 1
Greencrest Financial Services Limited 994.2M 84.0 68.0 66.0 63 43 1
McDowell Holdings Limited 969.0M 98.0 65.0 51.0 57 44 1
DB (International) Stock Brokers Limited 899.5M 47.0 61.0 48.0 55 45 1
Shriram Asset Management Company Limited 881.7M 56.0 69.0 77.0 71 46 1
Global Capital Markets Limited 697.0M 40.0 53.0 50.0 50 47 1
NCL Research & Financial Services Limited 556.6M 69.0 90.0 48.0 85 48 1
Intellivate Capital Ventures Limited 500.4M 87.0 63.0 83.0 70 49 1
GCM Securities Limited 476.8M 97.0 73.0 59.0 85 50 1
Pioneer Investcorp Limited 466.7M 82.0 63.0 57.0 65 51 1
Wallfort Financial Services Ltd. 457.2M 95.0 46.0 43.0 46 52 1
Yamini Investments Company Limited 441.6M 95.0 59.0 38.0 54 53 1
HB Stockholdings Limited 420.4M 82.0 56.0 72.0 66 54 1
Pro Fin Capital Services Ltd. 398.5M 40.0 48.0 43.0 43 55 1
HB Portfolio Limited 378.9M 44.0 46.0 50.0 47 56 1
Cni Research Limited 311.1M 37.0 71.0 72.0 59 57 1
Odyssey Corporation Limited 291.9M 90.0 56.0 96.0 76 58 1
Monotype India Limited 225.0M 39.0 64.0 65.0 64 59 1
Stampede Capital Limited 209.0M 97.0 67.0 71.0 69 60 1
BFL Asset Finvest Limited 207.6M 41.0 37.0 95.0 58 61 1
Onelife Capital Advisors Limited 181.7M 66.0 70.0 71.0 67 62 1
AF Enterprises Limited 171.1M 53.0 74.0 79.0 82 63 1
Esaar (India) Limited 148.2M 57.0 63.0 73.0 62 64 1
Cubical Financial Services Limited 117.3M 38.0 69.0 38.0 57 65 1
Goenka Business & Finance Limited 109.2M 43.0 95.0 41.0 89 66 1
Alka Securities Limited 85.4M 94.0 82.0 92.0 86 67 1
Gemstone Investments Limited 75.5M 85.0 93.0 55.0 96 68 1
Confidence Finance and Trading Limited 73.9M 89.0 60.0 70.0 68 69 1
Essar Securities Limited 72.9M 52.0 50.0 84.0 50 70 1
Jackson Investments Limited 55.2M 97.0 61.0 94.0 72 71 1
Mathew Easow Research Securities Limited 38.5M 47.0 61.0 82.0 55 72 1
Pilani Investment and Industries Corporation Limited 21.2B 51.0 70.0 63.0 66 73 1
VLS Finance Limited 5.2B 57.0 76.0 61.0 70 74 1
Consolidated Finvest & Holdings Limited 4.4B 38.0 65.0 46.0 55 75 1
N.B.I. Industrial Finance Company Limited 4.2B 51.0 76.0 83.0 80 76 1
Wealth First Portfolio Managers Limited 3.1B 69.0 47.0 61.0 50 77 1
Inventure Growth & Securities Limited 2.4B 69.0 58.0 52.0 49 78 1
BLB Limited 1.1B 76.0 75.0 88.0 78 79 1
Steel City Securities Limited 910.2M 49.0 64.0 61.0 60 80 1

Cash Flow Analysis

BF appears likely to maintain its cash flow metrics and momentum going forward. BF's management was effective in improving their net cash flow, which now sits at -1.5M and represents a -212.0% change from the previous report. Their net cash flow metrics are especially remarkable relative to their peers. The company's net cash flow, therefore, received a grade of 70. Also, BF's management was effective in improving its CapEx, which now sits at -19.1M and represents nan% change from the previous report. This remarkable CapEx growth is expected to reinforce upward momentum for its's stock price going forward. Therefore, its CapEx movement component earned a score of 68. That said, one metric, Free Cash flow, stood out as strongly negative. Free cash flow numbers published by BF were 12.1, which was a 50.6% change from the previous filing. Companies in the same industry and market capitalization are typically affected by this parameter by up to 1.0%. their free cash flow situation appears to be much weaker than their peers. Management needs to do a better job balancing cash flow, asset growth, and resources allocations in general. Consequently, their free cash flow movement received a grade of 63. Therefore, its cash flow earned a grade of 66.

Parameter Value Change Score
Net Cashflow -1.5M -212.0% 70
Asset Turnover 0.1 -27.8% 65
Free Cashflow Per Share 12.1 50.6% 63
* All values are TTM

The below chart describes BF's performance as reflected on its cash flow with respect to its peers. While BF received a cash flow score of 66, the average of its peers stands on 66.

  •  533303
  •  Peers average
Name Market Cap Cashflow Momentum Free Cashflow Growth Capital Expenditure Growth Assets Factors Momentum Cash Flow mc_sort Hidden
Nalwa Sons Investments Limited 12.3B 72.0 65.0 68.0 64.0 67 0 1
Monarch Networth Capital Limited 12.0B 69.0 64.0 63.0 69.0 68 1 1
Dolat Algotech Limited 11.9B 65.0 72.0 71.0 76.0 76 2 1
UGRO Capital Limited 11.4B 70.0 67.0 67.0 63.0 68 3 1
Geojit Financial Services Limited 11.3B 76.0 54.0 56.0 65.0 65 4 1
PNB Gilts Ltd. 11.3B 69.0 59.0 68.0 50.0 55 5 1
Centrum Capital Limited 10.7B 67.0 67.0 67.0 90.0 88 6 1
5paisa Capital Limited 9.6B 66.0 67.0 67.0 82.0 81 7 1
Dhunseri Ventures Limited 9.1B 69.0 67.0 94.0 46.0 58 8 1
Kalyani Investment Company Limited 8.2B 82.0 53.0 69.0 93.0 85 9 1
Arihant Capital Markets Limited 7.0B 67.0 67.0 47.0 65.0 66 10 1
Summit Securities Limited 6.9B 85.0 51.0 96.0 71.0 87 11 1
Nahar Capital and Financial Services Limited 5.6B 63.0 84.0 95.0 46.0 67 12 1
Jindal Poly Investment and Finance Company Limited 5.3B 81.0 66.0 98.0 52.0 81 13 1
The Investment Trust of India Limited 5.0B 64.0 71.0 69.0 62.0 65 14 1
Mahanivesh (India) Limited 4.5B 73.0 56.0 68.0 74.0 71 15 1
Dhunseri Investments Limited 4.5B 74.0 66.0 68.0 76.0 76 16 1
Kiran Vyapar Limited 4.0B 61.0 71.0 40.0 82.0 58 17 1
Swiss Military Consumer Goods Limited 3.7B 73.0 63.0 57.0 77.0 78 18 1
Aditya Birla Money Limited 3.5B 53.0 85.0 81.0 69.0 75 19 1
Jindal Photo Limited 3.5B 63.0 68.0 59.0 83.0 75 20 1
SIL Investments Limited 3.3B 79.0 54.0 41.0 95.0 81 21 1
Prime Securities Limited 3.2B 72.0 64.0 70.0 48.0 53 22 1
Industrial & Prudential Investment Company Limited 3.2B 59.0 77.0 67.0 88.0 87 23 1
Indo Thai Securities Limited 3.2B 61.0 66.0 48.0 46.0 42 24 1
Jaykay Enterprises Limited 3.0B 74.0 55.0 95.0 87.0 76 25 1
Systematix Corporate Services Limited 3.0B 83.0 46.0 65.0 68.0 75 26 1
Master Trust Limited 2.7B 71.0 66.0 46.0 50.0 50 27 1
STEL Holdings Limited 2.6B 54.0 84.0 68.0 40.0 45 28 1
IL&FS Investment Managers Limited 2.4B 58.0 74.0 85.0 85.0 79 29 1
ABans Enterprises Limited 2.4B 45.0 89.0 91.0 87.0 76 30 1
Quest Capital Markets Limited 2.1B 65.0 72.0 63.0 78.0 74 31 1
Almondz Global Securities Limited 2.0B 78.0 38.0 52.0 74.0 68 32 1
Industrial Investment Trust Limited 2.0B 67.0 72.0 59.0 71.0 71 33 1
Shardul Securities Limited 1.9B 68.0 65.0 76.0 84.0 81 34 1
Emkay Global Financial Services Limited 1.8B 61.0 72.0 91.0 65.0 70 35 1
Avonmore Capital & Management Services Limited 1.7B 66.0 71.0 65.0 66.0 70 36 1
Bombay Oxygen Investments Limited 1.7B 52.0 82.0 90.0 94.0 94 37 1
RSD Finance Limited 1.3B 51.0 66.0 68.0 61.0 54 38 1
Indbank Merchant Banking Services Limited 1.1B 75.0 61.0 53.0 52.0 53 39 1
LKP Finance Limited 1.1B 63.0 72.0 67.0 72.0 74 40 1
Welspun Investments and Commercials Limited 1.1B 63.0 80.0 68.0 38.0 50 41 1
LKP Securities Limited 1.1B 62.0 78.0 67.0 82.0 84 42 1
Greencrest Financial Services Limited 994.2M 68.0 68.0 69.0 67.0 67 43 1
McDowell Holdings Limited 969.0M 86.0 44.0 66.0 37.0 51 44 1
DB (International) Stock Brokers Limited 899.5M 60.0 81.0 68.0 65.0 67 45 1
Shriram Asset Management Company Limited 881.7M 66.0 67.0 81.0 84.0 84 46 1
Global Capital Markets Limited 697.0M 71.0 60.0 60.0 89.0 80 47 1
NCL Research & Financial Services Limited 556.6M 71.0 69.0 66.0 90.0 92 48 1
Intellivate Capital Ventures Limited 500.4M 66.0 71.0 62.0 83.0 79 49 1
GCM Securities Limited 476.8M 69.0 70.0 60.0 79.0 76 50 1
Pioneer Investcorp Limited 466.7M 80.0 56.0 71.0 62.0 64 51 1
Wallfort Financial Services Ltd. 457.2M 66.0 71.0 63.0 65.0 63 52 1
Yamini Investments Company Limited 441.6M 66.0 71.0 63.0 58.0 59 53 1
HB Stockholdings Limited 420.4M 70.0 66.0 59.0 60.0 67 54 1
Pro Fin Capital Services Ltd. 398.5M 70.0 71.0 66.0 51.0 63 55 1
HB Portfolio Limited 378.9M 73.0 63.0 56.0 91.0 88 56 1
Cni Research Limited 311.1M 69.0 69.0 64.0 62.0 60 57 1
Odyssey Corporation Limited 291.9M 70.0 69.0 69.0 98.0 88 58 1
Monotype India Limited 225.0M 67.0 69.0 65.0 46.0 49 59 1
Stampede Capital Limited 209.0M 66.0 71.0 63.0 97.0 82 60 1
BFL Asset Finvest Limited 207.6M 61.0 71.0 65.0 64.0 66 61 1
Onelife Capital Advisors Limited 181.7M 69.0 69.0 64.0 51.0 51 62 1
AF Enterprises Limited 171.1M 66.0 71.0 65.0 51.0 63 63 1
Esaar (India) Limited 148.2M 69.0 71.0 66.0 68.0 69 64 1
Cubical Financial Services Limited 117.3M 71.0 69.0 66.0 98.0 99 65 1
Goenka Business & Finance Limited 109.2M 69.0 70.0 60.0 51.0 50 66 1
Alka Securities Limited 85.4M 83.0 54.0 86.0 42.0 61 67 1
Gemstone Investments Limited 75.5M 70.0 69.0 70.0 85.0 85 68 1
Confidence Finance and Trading Limited 73.9M 69.0 71.0 66.0 76.0 76 69 1
Essar Securities Limited 72.9M 71.0 69.0 66.0 86.0 88 70 1
Jackson Investments Limited 55.2M 66.0 71.0 62.0 81.0 77 71 1
Mathew Easow Research Securities Limited 38.5M 69.0 69.0 64.0 63.0 60 72 1
Pilani Investment and Industries Corporation Limited 21.2B 66.0 71.0 66.0 67.0 71 73 1
VLS Finance Limited 5.2B 68.0 69.0 60.0 66.0 64 74 1
Consolidated Finvest & Holdings Limited 4.4B 48.0 89.0 77.0 42.0 59 75 1
N.B.I. Industrial Finance Company Limited 4.2B 78.0 42.0 68.0 59.0 68 76 1
Wealth First Portfolio Managers Limited 3.1B 60.0 81.0 68.0 72.0 66 77 1
Inventure Growth & Securities Limited 2.4B 85.0 46.0 93.0 73.0 91 78 1
BLB Limited 1.1B 85.0 45.0 84.0 66.0 67 79 1
Steel City Securities Limited 910.2M 59.0 72.0 62.0 73.0 68 80 1

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