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Company Overview
BVG India Limited is a pioneering force in the integrated services industry, committed to excellence and innovation since its inception in 1997. With a firm foundation built on the principles of quality, dedication, and social responsibility, BVG has emerged as a dynamic leader, shaping the landscape of facility management, emergency response services, and infrastructure development across India.
Key Milestones:
Year | Milestone |
1991 | Inspired by the ideals of Swami Vivekananda, a visionary engineering student embarked on a journey to contribute to India’s progress, laying the groundwork for BVG. |
1993 | Establishment of Bharat Vikas Pratishthan, a non-profit organization dedicated to supporting financially disadvantaged students, reflecting BVG’s commitment to social upliftment. |
1997 | Founding of BVG as a humble housekeeping company, marking the beginning of a remarkable journey towards becoming India’s largest integrated services provider. |
2006 | Successful execution of Fiat’s manufacturing plant relocation, demonstrating BVG’s prowess in complex project management. |
2010 | BVG pioneers emergency response services, managing Dial-108 Medical Emergency Ambulance Response Service for Maharashtra, a milestone in public healthcare infrastructure. |
Present | BVG boasts a workforce of over 65,000 dedicated professionals, serving 800+ sites for 750+ esteemed clients across 20 states, spanning 70 cities in India. |
Core Business Segments:
- Facility Management Services:
- Integrated Facility Management: Comprehensive maintenance solutions covering cleanliness, security, utilities, and more for diverse industries.
- Logistics and Transport: Leading provider of transport services, managing fleets for government and private entities.
- Paintshop Maintenance: Specialized cleaning services for critical paintshop environments, ensuring superior paint quality.
- Facility Management Projects:
- Trusted partner for government and private sector projects, including infrastructure development, factory construction, and plant relocations.
- Demonstrated expertise in executing diverse projects, irrespective of prior experience, through talent attraction and unique execution capabilities.
- Emergency Response Services:
- Management of Dial-108 Medical Emergency Ambulance Response Service for Maharashtra, the world’s largest setup of its kind, providing critical healthcare access.
- Implementation and management of Dial-100 Police Response Service in Madhya Pradesh, enhancing public safety and law enforcement.
Business Outlook:
FY19-20:
- Secured prestigious contracts for smart city development programs and expanded emergency ambulance services to union territories.
- Commenced door-to-door garbage collection and disposal in Nagpur, reinforcing commitment to sustainable urban development.
- Maintained operational continuity amidst COVID-19, with increased activity in essential segments, showcasing resilience and adaptability.
FY20-21:
- Navigated challenges posed by the global pandemic, achieving improved profitability in facility services.
- Strengthened emergency medical services in union territories, garnering appreciation for exceptional performance during COVID-19.
- Successfully delivered solar EPC projects ahead of schedule, earning accolades and expanding presence in renewable energy sector.
- Continued growth trajectory with key contracts in solid waste management, infrastructure, and facility services despite COVID-19 restrictions.
Fundamentals
| Current Price | ₹ 275 | Debt to Equity | 0.39 |
| Market Cap | ₹ 3535.13 Cr. | Face Value | ₹ 2 |
| Book Value | ₹ 79.48 | Stock P/E | – |
| P/B | 3.46 | P/E Ratio | 22.38 |
| PAN Number | AACCB0943N | EPS | 12.29 |
| ISIN | INE257H01021 | No. of Shares | 25.71 Cr. |
Promoters & Managements
| Hanmantrao Gaikwad | MD (Managing Director) |
| Umesh Gautam Mane | Vice Chairman And Director |
Financial Performance
| Item | 2022 | 2023 |
|---|---|---|
| Revenue | 2035.0 | 2312.7 |
| Cost of Material Consumed | 200.0 | 221.0 |
| Gross Margins (%) | 90.15 | 90.43 |
| Change in Inventory | 0 | 0 |
| Employee Benefit Expenses | 1195.0 | 1410.0 |
| Other Expenses | 345.0 | 382.0 |
| EBITDA | 290.0 | 296.0 |
| OPM (Operating Profit Margin) (%) | 14.29 | 12.82 |
| Other Income | 5.0 | 3.7 |
| Finance Cost | 80.0 | 86.0 |
| D&A (Depreciation & Amortization) | 23.0 | 23.0 |
| EBIT (Earnings Before Interest & Taxes) | 267.0 | 273.0 |
| EBIT Margins (%) | 13.15 | 11.82 |
| PBT (Profit Before Tax) | 190.0 | 188.0 |
| PBT Margins (%) | 9.36 | 8.14 |
| Tax | 40.0 | 30.0 |
| PAT (Profit After Tax) | 150.0 | 158.0 |
| NPM (Net Profit Margin) (%) | 7.39 | 6.84 |
| EPS (Earnings Per Share) | 58.34 | 12.29 |
Financial Ratios
| Ratio | 2022 | 2023 |
|---|---|---|
| Operating Profit Margin | 14.29 | 12.82 |
| Net Profit Margin | 7.39 | 6.84 |
| Earnings Per Share | 58.34 | 12.29 |
Assets
| Item | 2022 | 2023 |
|---|---|---|
| Fixed Assets | 160.0 | 170.0 |
| CWIP | 0.06 | 0.1 |
| Investments | 0.1 | 3.2 |
| Trade Receivables | 910.0 | 965.0 |
| Inventory | 168.0 | 10.0 |
| Other Assets | 651.84 | 768.7 |
| Total Assets | 1890.0 | 1917.0 |
Liabilities
| Item | 2022 | 2023 |
|---|---|---|
| Share Capital | 25.71 | 25.71 |
| FV | 10.0 | 2.0 |
| Reserves | 877.0 | 996.0 |
| Borrowings | 368.0 | 400.0 |
| Trade Payables | 146.0 | 203.0 |
| Other Liabilities | 473.29 | 292.29 |
| Total Liabilities | 1890.0 | 1917.0 |
| Item | 2022 | 2023 |
|---|---|---|
| PBT | 190.0 | 188.0 |
| OPBWC | 306.0 | 301.0 |
| Change in Receivables | -95.0 | -94.0 |
| Change in Inventories | 1.3 | 157.0 |
| Change in Payables | 24.0 | 59.0 |
| Other Changes | 37.0 | -174.3 |
| Working Capital Change | -32.7 | -52.3 |
| Cash Generated From Operations | 273.3 | 248.7 |
| Tax | -48.0 | -98.0 |
| Cash Flow From Operations | 225.3 | 150.7 |
| Purchase of PPE | -8.3 | -82.0 |
| Sale of PPE | 6.2 | 0 |
| Cash Flow From Investment | 13.9 | -80.0 |
| Borrowing | -165.0 | 28.0 |
| Dividend | 0 | -6.4 |
| Equity | 0 | 0 |
| Others From Financing | -85.0 | -88.0 |
| Cash Flow from Financing | -250.0 | -66.4 |
| Net Cash Generated | -10.8 | 4.3 |
| Cash at the Start | 59.0 | 48.0 |
| Cash at the End | 48.2 | 52.3 |
Share Holding Pattern
| Promoters | 58.7% | 57.89% |
| Strategic Investments FM (Mauritius) Alpha Ltd. | 21.89% | 21.89% |
| Strategic Investments FM (Mauritius) B Ltd. | 5.01% | 5.01% |
| Others | 14.3% | 15.21% |
Frequently Asked Questions (FAQ)
Find answers to common questions, providing clarity and insights to address any queries on your mind.
Contact Us: Reach out to Unlistify to confirm availability and agree on a price.
Provide KYC: Submit your Client Master Report, PAN card, and a cancelled cheque.
Make Payment: Transfer funds to our designated bank account (RTGS/NEFT/IMPS/cheque). Ensure the payment originates from the same account where you want the shares credited.
Receive Shares: We’ll transfer the BVG India shares to your Demat account within 24 hours of payment confirmation.
Get a Quote: Unlistify will provide a buyback price for your BVG India shares.
Share Details: Submit your Client Master Report.
Transfer Shares: Transfer the BVG India shares to our Demat account using a DIS (Delivery Instruction Slip).
Receive Payment: We’ll transfer funds to your bank account within 24 hours of receiving the shares (RTGS/NEFT/IMPS/cheque). For security reasons, payment will only be made to the account linked to your Demat
DIS (Delivery Instruction Slip): A DIS is a form used to authorize the transfer of shares from your Demat account.
Methods:
Offline DIS: Fill out a physical DIS form with details like the ISIN number, quantity, price of your BVG India shares, and our account information. Submit this to your broker.
Online DIS: Some brokers offer online DIS systems for easier transfers.
Unlistify aims to make unlisted share investing accessible. The current minimum investment for BVG India Unlisted Shares is approximately 35,000 – 50,000 INR.
Limited Liquidity: Unlisted shares are not traded on public exchanges, making it potentially harder to find buyers when you want to sell.
Price Volatility: Prices can fluctuate more than listed shares due to less publicly available information.
Regulatory Changes: Regulations for unlisted shares can change, affecting their value and trading.
Company-Specific Risks: Each company has its own risks related to its industry, financials, and management.
No Guarantee of Listing: There’s no assurance that unlisted shares will ever be listed on a public exchange.
Market Leader: Unlistify is one of India’s fastest-growing unlisted share platforms.
Transparency: We provide clear information about each unlisted share, including potential risks.
Security: We prioritize the protection of your financial information.
Customer Support: Our team is dedicated to guiding you through the investment process.
Latest Funding: We consider the valuation from BVG India most recent funding round.
Comparable Companies: If there’s no recent funding, we analyze similar listed companies to estimate a fair value.
SEBI’s Influence: SEBI regulations do apply to some aspects of unlisted share trading, such as lock-in periods and transaction charges. However, there are no specific SEBI regulations for becoming an unlisted broker.
We aim for same-day transfer of BVG India Unlisted Shares to your Demat account after your payment is confirmed.
Tax Transition: Once your unlisted BVG India shares are listed and sold on an exchange, standard listed share tax rules apply.
Holding Period: Your holding period (for determining long-term vs. short-term capital gains tax) starts from the original unlisted purchase date.
