Bhanderi InfraconShare price, financial results, shareholding and management
- Market cap
- ₹33 cr
- Stock P/E
- 87.7peers 48.8
- Book value
- ₹102
- Price to book
- 1.22
- EV / operating profit
- -
- Market cap to sales
- 8.29
- ROCE · FY26
- 0.9%
- ROE · FY26
- 1.4%
- ROE, 3-year average
- 3.7%
- Operating margin · FY26
- 17.6%peers -10.7%
- Sales growth, 3 years
- -14.5%
- Profit growth, 3 years
- -19.1%
- Debt to equity
- 1.99peers 0.01
- Borrowings
- ₹52.8 cr
- Interest cover
- No interest
- Cash from business / op. profit
- 486%
- Debtor days
- 402
- Pledged
- 0.00%
- Promoter holding
- 56.98%
- Change in promoter holding
- 0.00 pts
- Shareholders
- 49
- 52-week high / low
- ₹160 / ₹121
- Dividend yield
- 0.00%
- Face value
- ₹10
Tap or hover on any figure for what it means. Our arithmetic on reported figures, at the latest close.
newboard is reading this company's filings. Its plain description, key points, management and study will appear here soon; the figures below are worked out from what it has filed.
Bhanderi Infracon share price chart
Close on 24 Sept 2026 · +1.63% on the day · Vol 3,600
Daily prices to 24 Sept 2026, adjusted for splits and bonuses. Closing prices only: check the exchange for the live price.
Share price returns
To the close of 24 Sept 2026
- 1 month
- -3.8%
- 6 months
- -10.7%
- Traded a day, 20 days
- ₹0.24 cr
Business growth
Sales and net profit, from the reported results
| Sales | Profit | |
|---|---|---|
| FY26 on FY25 | -25% | -78% |
| 3 years, a year | -15% | -19% |
| Latest half, H2 FY26 | -37% | -96% |
Bhanderi Infracon revenue and profit growth
Half-yearly results · Profit and lossSales have fallen. Last year profit grew more slowly than sales, so the profit kept from each rupee of sales slipped.
SME companies report every six months. In the latest half, sales were lower than in the same half a year before. Profit grew more slowly than sales, so each rupee of sales left a little less profit.
Bhanderi Infracon half-yearly results
SME companies report every six months · ₹ crore
| H1FY23 | H2FY23 | H1FY24 | H2FY24 | H1FY25 | H2FY25 | H1FY26 | H2FY26 | |
|---|---|---|---|---|---|---|---|---|
| Sales | 0.65 | 5.63 | 1.28 | 3.05 | 1.28 | 4.54 | 1.04 | 2.88 |
| Expenses | 1.17 | 5.54 | 0.79 | 2.81 | 1.09 | 3.46 | 0.59 | 2.64 |
| Operating profit | -0.52 | 0.09 | 0.49 | 0.24 | 0.19 | 1.08 | 0.45 | 0.24 |
| OPM | -80.0% | 1.6% | 44.5% | 7.9% | 22.1% | 23.9% | 43.5% | 8.2% |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0.05 | 0.01 | 0.02 | 0.07 | 0.04 | 0.01 | 0.01 | 0.02 |
| Profit before tax | -0.32 | 1.17 | 0.77 | 0.25 | 0.72 | 1.43 | 0.45 | 0.21 |
| Net profit | -0.34 | 1.04 | 0.77 | 0.06 | 0.54 | 1.12 | 0.33 | 0.04 |
Bhanderi Infracon profit and loss
Full years to March, FY15 to FY26 · ₹ crore, consolidated where reported
| FY15 | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 0.55 | 2.53 | 16.88 | 15.44 | 7.68 | 6.17 | 4.84 | 6.44 | 6.28 | 4.15 | 5.25 | 3.92 |
| Expenses | 0.48 | 2.45 | 16.11 | 14.41 | 7.18 | 5.92 | 4.60 | 6.25 | 6.70 | 3.42 | 4.12 | 3.23 |
| Operating profit | 0.07 | 0.08 | 0.77 | 1.03 | 0.50 | 0.25 | 0.24 | 0.19 | -0.42 | 0.73 | 1.13 | 0.69 |
| OPM | 12.7% | 3.2% | 4.6% | 6.7% | 6.5% | 4.0% | 5.0% | 3.0% | -6.7% | 17.6% | 21.5% | 17.6% |
| Other income | 0 | 0 | 0 | 0.07 | 0.04 | 0.10 | 0.19 | 0.26 | 1.35 | 0.38 | 1.07 | 0.01 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.02 | 0.05 | 0.07 | 0.09 | 0.05 | 0.04 |
| Profit before tax | 0.06 | 0.07 | 0.76 | 1.09 | 0.53 | 0.34 | 0.41 | 0.40 | 0.85 | 1.02 | 2.15 | 0.66 |
| Tax rate | 33.3% | 14.3% | 30.3% | 24.8% | 22.6% | 32.4% | 26.8% | 12.5% | 17.6% | 19.6% | 22.8% | 43.9% |
| Net profit | 0.05 | 0.05 | 0.53 | 0.82 | 0.41 | 0.23 | 0.30 | 0.35 | 0.70 | 0.82 | 1.66 | 0.37 |
| EPS ₹ | 0.25 | 0.25 | 2.61 | 3.12 | 1.62 | 0.85 | 1.04 | 1.23 | 2.18 | 2.36 | 4.99 | 0.79 |
| Dividend payout | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Earnings per share before FY17 is on the share count of that time, before later bonus or share issues, so it does not compare with the years after.
Bhanderi Infracon profitability
Margins and returns on capitalLast year the company kept less from each rupee of sales than the year before. It earns a low return on the money it uses.
Operating margin, every year
Per cent of sales kept before interest, depreciation and tax
| FY15 | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating margin | 12.7% | 3.2% | 4.6% | 6.7% | 6.5% | 4.0% | 5.0% | 3.0% | -6.7% | 17.6% | 21.5% | 17.6% |
| Tax rate | 33.3% | 14.3% | 30.3% | 24.8% | 22.6% | 32.4% | 26.8% | 12.5% | 17.6% | 19.6% | 22.8% | 43.9% |
| ROCE | · | 0.3% | 3.3% | 3.4% | 1.5% | 1.1% | 1.3% | 1.2% | 2.1% | 2.2% | 4.1% | 0.9% |
| ROE | · | 0.4% | 3.7% | 4.3% | 1.8% | 1.0% | 1.3% | 1.5% | 2.9% | 3.3% | 6.5% | 1.4% |
| Dividend payout | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Bhanderi Infracon debt and cash flow
Balance sheet · Cash flow · Working capitalThe company's own money, its net worth, has grown. It borrowed much more last year. Its loans are now larger than its own money. Last year the business brought in more cash than it showed as profit. It spent more on assets and investments than the business brought in, and raised the rest from loans or shares. Customers take about as long to pay as they did in FY24.
Bars below the line are cash going out.
Bhanderi Infracon balance sheet
At each 31 March · ₹ crore
| FY15 | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity capital | 2.03 | 2.03 | 2.03 | 2.60 | 2.60 | 2.60 | 2.60 | 2.60 | 2.60 | 2.60 | 2.60 | 2.60 |
| Reserves | 10.74 | 10.79 | 13.83 | 20.07 | 20.49 | 20.71 | 20.98 | 21.30 | 21.86 | 22.49 | 23.78 | 23.99 |
| Net worth | 12.77 | 12.82 | 15.86 | 22.67 | 23.09 | 23.31 | 23.58 | 23.90 | 24.46 | 25.09 | 26.38 | 26.59 |
| Borrowings | 8.32 | 8.48 | 8.84 | 16.31 | 8.30 | 8.26 | 9.24 | 10.30 | 22.30 | 20.61 | 33.25 | 52.83 |
| Other liabilities | 0.18 | 0.96 | 3.55 | 8.63 | 7.36 | 8.89 | 7.33 | 8.32 | 12.56 | 16.02 | 7.26 | 14.25 |
| Total liabilities | 21.27 | 22.26 | 28.25 | 47.61 | 38.75 | 40.46 | 40.15 | 42.52 | 59.32 | 61.72 | 66.89 | 93.67 |
| Fixed assets | 0.02 | 0.02 | 0.01 | 0.02 | 0.02 | 0.01 | 0.03 | 0.31 | 0.27 | 0.42 | 0.22 | 0.45 |
| Capital work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 1.23 | 1.23 | 3.33 | 12.82 | 3.02 | 3.01 | 3.01 | 3.72 | 0.66 | 0.18 | 0.77 | 41.55 |
| Other assets | 20.02 | 21.01 | 24.91 | 34.77 | 35.71 | 37.44 | 37.11 | 38.49 | 58.39 | 61.12 | 65.90 | 51.67 |
Bhanderi Infracon cash flow
₹ crore
| FY15 | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | -8.93 | 0.15 | 0.28 | -3.93 | 0.04 | 0.72 | -0.18 | -0.39 | 3.34 | 4.74 | -6.89 | 3.35 |
| Cash from investing | 2.15 | -0.02 | -2.10 | -8.73 | 9.06 | -0.05 | -0.03 | -0.96 | -0.05 | 0.43 | -0.02 | -41.03 |
| Cash from financing | 6.60 | 0 | 2.28 | 12.36 | -8.29 | -0.68 | 1.20 | -0.48 | -2.31 | -5.37 | 6.58 | 38.01 |
| Net cash flow | -0.18 | 0.13 | 0.46 | -0.30 | 0.81 | -0.01 | 0.99 | -1.83 | 0.98 | -0.20 | -0.33 | 0.33 |
Working capital
Days
| FY15 | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor days | 0 | 104 | 68 | 114 | 238 | 376 | 426 | 493 | 442 | 388 | 322 | 402 |
| Inventory days | 24,996 | · | · | · | · | · | 27,834 | 3,516 | 4,408 | · | 10,431 | · |
| Days payable | 76 | · | · | · | · | · | 4,818 | 580 | 120 | · | 665 | · |
| Cash conversion cycle | 24,921 | 104 | 68 | 114 | 238 | 376 | 23,442 | 3,429 | 4,730 | 388 | 10,087 | 402 |
| Working capital days | 7,585 | 1,627 | 257 | 392 | 905 | 1,549 | 1,998 | 1,566 | 2,520 | 2,367 | 1,895 | -997 |
Bhanderi Infracon peers and competitors
Listed SME companies in the same industryBy sales, Bhanderi Infracon is number 13 of the 18 listed SME companies in realty.
Each company's latest full year and its latest close; companies the exchange puts in the same industry, whose businesses can differ a good deal. A list, not a comparison of their shares.
| Company | Market cap ₹ cr | P/E | Sales ₹ cr | Profit ₹ cr | Op. margin | Debt/equity |
|---|---|---|---|---|---|---|
| Shantidoot Infra Services | 106 | 73.7 | 45 | 1.4 | 9.0% | - |
| Homesfy Realty | 43 | - | 40.3 | -20.5 | -49.8% | 0.00 |
| SBL Infratech | 4 | 23.8 | 36.1 | 0.2 | 0.5% | 0.05 |
| SVS Ventures | 12 | 11.7 | 16.8 | 1 | 5.6% | 0.00 |
| Unishire Urban Infra | 3 | - | 15.5 | -0.7 | -2.5% | 0.70 |
| Bhanderi Infracon | 33 | 87.7 | 3.9 | 0.4 | 17.6% | 1.99 |
| Dhanuka Infra Realty | 8 | 7.7 | 3 | 1.1 | -18.9% | 0.11 |
| Jet Solar | 8 | 198.9 | 0.6 | 0 | -270.9% | 0.01 |
| Shree Krishna Infrastructure | 10 | 107.6 | 0 | 0.1 | -1700.0% | 0.00 |
| Athena Constructions | 4 | - | 0 | -0.7 | - | 0.55 |
| Manas Properties | - | - | 0 | 32 | - | 0.00 |
| Median of the 10 others | 8 | 48.8 | 9.2 | 0.1 | -10.7% | 0.01 |
Bhanderi Infracon shareholding pattern
Promoters, FIIs, DIIs, HNIs and small holdersThe promoters own more than half the company. Big foreign and Indian funds own very little. The number of shareholders is about the same.
Bhanderi Infracon shareholding pattern
Per cent of shares, from the patterns filed with the exchange. Tap + to see everyone holding 1% or more in that group. HNIs and small holders show only where the pattern was filed in full.
| Sep 24 | Dec 24 | Mar 25 | Jun 25 | Sep 25 | Dec 25 | Mar 26 | Jun 26 | |
|---|---|---|---|---|---|---|---|---|
| Promoters | 56.98% | 56.98% | 56.98% | 56.98% | 56.98% | 56.98% | 56.98% | 56.98% |
| Number of shareholders | 48 | 51 | 49 | 49 | 49 | 51 | 49 | 49 |
Bhanderi Infracon latest news and announcements
Announcements · Documents · Corporate actionsWhat changed recently
Each half-year is set against the same half a year earlier
- H2 FY26: sales ₹2.9 cr (-37%), net profit ₹0 cr (-96%) on H2 FY25.
- Shareholding, 30 June 2026: promoters unchanged at 56.98%.
Bhanderi Infracon announcements
5 on record, latest first; each opens the filing on the exchange
- Company UpdateCertificate under Regulation 74(5) of SEBI ( Depositories and Participants) Regulations, 2018 for the quarter ended 30th September 2026PDF ↗
- AGM/EGMDeclaration of voting results in respect of the resolutions passsed at the 22nd Annual General Meeting held on 30th September 2026PDF ↗
- AGM/EGMProceedings of 22nd Annual General Meeting of the company held on Wednesday 30th September 2026 at 12:00 PM at the registered office of the companyPDF ↗
- Insider Trading / SASTClosure of trading window for the half year ended on 30th September, 2026PDF ↗
- Insider Trading / SASTThe Exchange has received the revised disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Plenitude PDF ↗
Bhanderi Infracon annual reports, earnings calls and documents
Every document links to its source; “read” marks those this page is built from
Bhanderi Infracon share split, bonus and dividends
From the corporate actions the company announces on the exchange
No share split, bonus issue or dividend is on record since listing.
Checks we ran on Bhanderi Infracon's data · 9
Before any number shows, it goes through the same checks. A figure that fails is held back, never shown as if it were right.
- iThe shares traded on only 25 days in the past year, so the price, its range and the returns here rest on few trades.
- ✓Balance sheet totals add up for FY25 and FY26.
- ✓Market cap uses the share count in the latest shareholding pattern (25,96,600 shares).
- ✓The share capital in the FY26 results matches the share count in the shareholding pattern.
- ✓Promoter and public holdings add up to 100% in every shareholding pattern shown.
- ✓The two half-years of FY26 add up to the full-year sales.
- ✓Earnings per share moves in line with profit across the years shown.
- ✓Revenue and profit are reported for every year shown, FY15 to FY26.
- iPrices run to the close on 24 Sept 2026, from the exchange's daily figures.
Questions people ask about Bhanderi Infracon
What does Bhanderi Infracon do?
Bhanderi Infracon is an SME company listed on BSE SME, in realty.
What is the share price of Bhanderi Infracon?
₹125 at the close on 24 Sept 2026, from the exchange's daily figures.
What is the market cap of Bhanderi Infracon?
₹33 cr at the close on 24 Sept 2026, on 25,96,600 shares.
What is the P/E of Bhanderi Infracon?
87.7 times FY26 profit at the close on 24 Sept 2026 (our arithmetic).
What are Bhanderi Infracon's revenue and profit?
Revenue ₹4 cr and profit after tax ₹0 cr in FY26.
Who are the promoters of Bhanderi Infracon?
The promoter group; promoters held 56.98% at 30 June 2026.
What is Bhanderi Infracon's website?
www.bhanderiinfracon.com
More SME companies like Bhanderi Infracon
Other listed SME companies in realty, the closest in size first, each read from its own documents.
- Homesfy RealtyHOMESFY · NSE Emerge · Realty · listed 2023Market cap ₹47 cr
- V R InfraspaceVR · NSE Emerge · Realty · listed 2024Market cap ₹78 cr
- SVS VenturesSVS · BSE SME · RealtyMarket cap ₹12 cr
- Shantidoot Infra ServicesSISL · BSE SME · RealtyMarket cap ₹101 cr
- Shree Krishna InfrastructureSKIFL · BSE SME · RealtyMarket cap ₹10 cr
- Jet SolarJETSOLAR · BSE SME · RealtyMarket cap ₹8 cr
Built from 5 exchange announcements, 8 shareholding patterns and 12 years of reported results. Every figure carries its source; where the documents are silent, the page says so.