Bharat Global Developers Ltd
Bharat Global Developers: Q3 FY26 Loss of Rs. 38.47 Lakhs, Revised Filing
RESULTS
▼ Concern Flagged
HIGH RISK
📅 Filed on BSE: 15 Apr 2026, 02:46 PM IST · BSE ID: 3ac2e31a-320e-4323-8cbb-f418b9179e3d
View Original BSE Filing (PDF)
💡
In Simple Terms
The company lost money this quarter and reported drastically lower sales across all its business units compared to last year.
🤖 AI Summary
- Q3 FY26 net loss Rs. 38.47 Lakhs versus prior year profit Rs. 139.27 Lakhs
- Nine-month FY26 revenue Rs. 2,610.79 Rs. Lakhs versus Rs. 54,642.86 Rs. Lakhs FY25 — 95% decline
- Q3 FY26 revenue zero — all five operating segments reported zero sales for quarter
- Earnings per share negative Rs. (0.04) for Q3; nine-month EPS Rs. 0.12 versus Rs. 1.44 prior year
- Revised filing submitted 15 April 2026 to correct IND-AS format discrepancies reported by BSE
🔢 Key Numbers - exact figures from BSE filing, not rounded
Q3 FY26 Net Loss
Rs. 38.47 Lakhs
Q3 FY26 Revenue From Operations
Rs. 0.00 Lakhs
Nine-Month FY26 Revenue From Operations
Rs. 2,610.79 Rs. Lakhs
-95%
Nine-Month FY26 Net Profit
Rs. 121.26 Rs. Lakhs
-91%
Q3 FY26 Earnings Per Share (Basic)
Rs. (0.04)
Nine-Month FY26 Earnings Per Share
Rs. 0.12
-92%
Total Segment Assets
Rs. 51,562.08 Rs. Lakhs
Total Segment Liabilities
Rs. 51,562.08 Rs. Lakhs
🏢 How This Affects the Company
Multi-segment revenue collapsed 95% year-on-year to Rs. 2,610.79 Rs. Lakhs for nine months. Q3 generated zero revenue across Construction Material, Gold, Agricultural Products, Textile and Electronics segments, indicating operational shutdown or absence of commercial activity.
Net loss of Rs. 38.47 Lakhs in Q3 versus prior quarter profit of Rs. 16.85 Lakhs. Nine-month profit declined to Rs. 121.26 Rs. Lakhs from Rs. 1,404.03 Rs. Lakhs. EPS deteriorated from Rs. 1.44 to Rs. 0.12 for nine-month period. Current tax expense of Rs. 55.87 Rs. Lakhs against minimal profitability.
Complete cessation of Q3 revenue generation across all segments suggests non-operational status or inventory-based business with seasonal or episodic transaction patterns rather than continuous commerce.
Sustained revenue drought and loss-making status raise viability concerns. Asset base of Rs. 51,562.08 Rs. Lakhs supported by liabilities of Rs. 51,562.08 Rs. Lakhs shows balance sheet fully leveraged with minimal equity cushion.
👥 What This Means For Shareholders
✅
Action Required
Shareholders should seek management clarification on Q3 revenue shutdown cause, business continuity status, and recovery timeline at next shareholder meeting.
👤
Who Is Affected
All equity shareholders holding 1,012,596,000 shares (face value Rs. 10.00) are affected by 95% revenue decline and negative earnings, reducing net asset value per share.
🔍
Management Signal
Zero Q3 revenue and shift to losses indicate either planned operational pause, inventory liquidation cycle, or underlying business distress. Requires urgent management disclosure.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List - track these upcoming events
Q4 FY26 results — verify if revenue returns or remains at zero across segments
Management disclosure on Q3 operational status and reasons for complete revenue shutdown
FY27 H1 results — confirm business resumption and sustainability of operations
HIGH RISK
Complete Q3 revenue shutdown, 95% nine-month revenue decline, net losses, and fully leveraged balance sheet (assets = liabilities) indicate acute operational and financial distress.
💡 Investor Takeaway
Bharat Global Developers reported Rs. 38.47 Lakhs net loss in Q3 FY26 with zero quarterly revenue across all segments. Nine-month FY26 revenue fell 95% to Rs. 2,610.79 Rs. Lakhs; earnings per share dropped from Rs. 1.44 to Rs. 0.12. Company has submitted revised filing in corrected format.
⚖️ Strengths & Concerns
⚠️ Concerns
- Q3 revenue zero across all five segments; nine-month revenue down 95% to Rs. 2,610.79 Rs. Lakhs
- Company swung to net loss Rs. 38.47 Lakhs in Q3; nine-month EPS fell from Rs. 1.44 to Rs. 0.12
📅 Company Track Record
Bharat Global Developers (formerly Kkrrafton Developers, CIN L70100GJ1992PLC017815) incorporated 1992. Company operates five business segments across Construction Material, Gold trading, Agricultural Products, Textile and Electronics. Prior year (9M FY25) revenue was Rs. 54,642.86 Rs. Lakhs with profit of Rs. 1,404.03 Rs. Lakhs and EPS of Rs. 1.44. Current filing marks sharply deteriorated operational period with no available prior public track record in recent years.
Based on publicly available historical data. For context only.