Balurghat Technologies Ltd.
BSE: BALTE · Road Transport · sector
₹12.09BSE close 2026-10-26
Key numbers
Market cap₹21 cr
Price₹12.09
52w high / low₹19 / ₹9
P/E2.5xSector median 8.8x
P/B1.2xSector median 1.2x
Book value₹10.3
Dividend yield–Sector median 1.60%
ROE8.7%Sector median 13.7%
ROCE9.3%Sector median 9.3%
OPM3.4%Sector median 3.4%
Debt / equity1.50xSector median 1.36x
EV/EBITDA10.2xSector median 8.1x
Interest cover1.8x
Current ratio1.49x
Sales growth 3y+23.0%Sector median +19.3%
Profit growth 3y-26.1%Sector median -11.2%
PEG–
Last 12 months to Jun 2026, Standalone. "Sector median" = middle value of 7 companies in Road Transport (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹6 cr vs borrowings ₹27 cr (FY26): borrowings are higher by ₹21 cr.
- Operating profit covered interest 1.8x in the last 12 months.
- Net loss in 3 of the last 6 quarters.
- Other income was 26% of net profit in the last 12 months.
- No dividend in the last 5 financial years.
- Price ₹12.09 on 2026-10-26: -38.0% from the 52-week high, +34.3% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Weekly close · high ₹38.48 · low ₹10.40
RevenueNet profit
RevenueNet profit
Quarterly results
| ₹ cr | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|
| Revenue | 26 | 28 | 33 | 28 | 32 | 30 |
| EBITDA | 1 | -0 | 0 | -3 | 5 | 1 |
| OPM % | 4.7% | -0.7% | 0.9% | -9.4% | 17.0% | 3.3% |
| Other income | 0 | 0 | 0 | 0 | 0 | 0 |
| Net profit | 1 | -1 | -0 | -3 | 5 | 0 |
| EPS (₹) | 0.37 | 0.38 | 0.16 | 1.78 | 2.69 | 0.18 |
| Revenue YoY | +21.5% | +7.7% | ||||
| Profit YoY | +668.3% | – |
Standalone figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|---|
| Revenue | 62 | 64 | 79 | 87 | 120 | 122 |
| EBITDA | 1 | 3 | 4 | 4 | 3 | 4 |
| Net profit | 1 | 1 | 2 | 2 | 1 | 2 |
| EPS (₹) | 0.61 | 0.84 | 1.46 | 1.24 | 0.36 | 4.81 |
| Revenue growth | +4.7% | +23.0% | +9.7% | +38.0% | – | |
| Profit growth | +37.4% | +80.9% | -14.2% | -73.9% | – | |
| Dividend / share (₹) | – | – | – | – | – |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | +23.0% | – | – |
| Net profit | -26.1% | – | – |
| EPS | -24.6% | – | – |
| Share price | – | -36.6% (2y) | -29.1% |
Balance sheet
| ₹ cr | FY25 | FY26 |
|---|---|---|
| Shareholders' equity | 17 | 18 |
| Borrowings | 20 | 27 |
| Cash & equivalents | 5 | 6 |
| Total assets | 42 | 49 |
| Fixed assets | 3 | 6 |
| Investments | 2 | 2 |
| Receivables | 28 | 31 |
| Inventory | 0 | 0 |
| Payables | 2 | 1 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY25 | FY26 |
|---|---|---|
| Cash from operations | -8 | -4 |
| Cash from investing | -1 | -1 |
| Cash from financing | 10 | 6 |
| Capex | 0 | 2 |
| Free cash flow | -9 | -7 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY25 | FY26 |
|---|---|---|
| ROE % | 12.1% | 3.1% |
| ROCE % | 11.1% | 6.7% |
| Debtor days | 118 | 94 |
| Inventory days | 0 | 0 |
| Payable days | 9 | 3 |
| Cash conversion cycle (days) | 109 | 91 |
| Working capital days | 58 | 40 |
Peers in Road Transport
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| ECOSMOBLTY | ₹599 cr | 10.2x | 2.3x | 24.1% | 29.3% | 11.2% | – | 2.40% |
| DESIFARMS | ₹61 cr | 82.3x | 1,453.2x | – | -502.1% | -224.1% | +281.0% | – |
| ABCINDQ | ₹34 cr | 14.0x | 0.6x | 4.3% | 5.3% | 0.8% | +4.2% | 0.80% |
| BALTE | ₹21 cr | 2.5x | 1.2x | 8.7% | 9.3% | 3.4% | +23.0% | – |
| INTSTOIL | ₹21 cr | 8.8x | 1.0x | 11.7% | 11.2% | 8.5% | +26.0% | – |
| FRONTCORP | ₹17 cr | 5.5x | 0.9x | 15.8% | 5.7% | 2.5% | +15.6% | – |
| MHSGRMS | ₹3 cr | 3.6x | 6.9x | 61.6% | 11.0% | 4.5% | -13.5% | – |
Documents
Links go to the original files on the exchange website.
About the company
| Sector | Services |
| Industry | Road Transport |
| Sub-industry | Road Transport |
| Symbol | BALTE |
| BSE code | 520127 |
| ISIN | INE654B01014 |
| Face value | ₹10.0 |
| Incorporated | – |
| Website | – |
| Plants (India / abroad) | – |
Data built 2026-10-24 from BSE company filings (inline XBRL: Integrated Filing - Finance) + BSE results summary for earlier years; price = BSE close 2026-10-26.