Below is a structured extraction and summary of the relevant and actionable financial information from the BHARAT GLOBAL DEVELOPERS LTD. results filing dated 14-Aug-2025:
1. Auditor’s Note
- Type: Limited Review Report on standalone financial results for quarter ended 30 June 2025.
- Key points:
- The review was conducted as per Standard on Review Engagements (SRE) 2410.
- The auditor states: “nothing has come to our attention that causes us to believe that the accompanying Statement... has not disclosed the information required... or that it contains any material misstatement.”
- No qualifications, concerns, or issues noted.
- The report explicitly states it is a review, not an audit, so moderate assurance only.
Conclusion: Auditor’s note is clean with no qualifications or concerns.
2. Financial Performance (Standalone)
| Particulars | Q1 FY26 (30.06.2025) | Q4 FY25 (31.03.2025) | Q1 FY25 (30.06.2024) | FY25 (31.03.2025) Audited |
|---|---|---|---|---|
| Revenue from Operations (Rs Lakhs) | 1,994.37 | 12,215.56 | 5,405.13 | 66,858.42 |
| Other Income (Rs Lakhs) | 108.00 | 238.60 | 0.18 | 1,463.62 |
| Total Income | 2,102.37 | 12,454.16 | 5,405.30 | 68,322.04 |
| Total Expenses | 1,912.47 | 12,189.31 | 5,062.37 | 66,162.76 |
| Profit Before Tax (PBT) | 189.91 | 264.85 | 342.93 | 2,159.28 |
| Tax Expense (Net) | 47.02 (47.77 - 0.75) | 65.91 (66.95 - 1.04) | 89.12 (89.17 - 0.05) | 556.32 (556.45 - 0.13) |
| Net Profit | 142.88 | 198.93 | 253.80 | 1,602.96 |
| EPS (Basic & Diluted) (Rs) | 0.14 | 0.20 | 0.26 | 1.60 |
Margins:
-
Net Profit Margin (Net Profit / Revenue from Operations):
- Q1 FY26: 142.88 / 1,994.37 = ~7.16%
- Q4 FY25: 198.93 / 12,215.56 = ~1.63%
- Q1 FY25: 253.80 / 5,405.13 = ~4.70%
- FY25: 1,602.96 / 66,858.42 = ~2.40%
Observations:
- Revenue and profit in Q1 FY26 are significantly lower than Q4 FY25 but higher than Q1 FY25 in terms of net profit margin.
- Other income in Q1 FY26 is substantially higher than Q1 FY25 but lower than Q4 FY25.
- Expenses are well controlled relative to revenue in Q1 FY26.
- No exceptional or extraordinary items reported in any period.
3. Detailed Notes / Management Commentary
- No explicit management commentary or explanatory notes included in the filing.
- No changes in accounting policies or material adjustments mentioned.
- No caveats or qualifications noted.
- No financial services-specific commentary (AUM, NPAs, slippages) as this is a real estate/development company.
- Note on Q4 FY25 figures: Balancing figures between audited full year and unaudited year-to-date figures.
4. Segment Information (Standalone)
| Segment | Q1 FY26 Revenue | Q4 FY25 Revenue | Q1 FY25 Revenue | FY25 Revenue | Q1 FY26 Segment Result | Q4 FY25 Segment Result | Q1 FY25 Segment Result | FY25 Segment Result |
|---|---|---|---|---|---|---|---|---|
| Construction Material | - | 10,874.62 | - | 12,060.15 | - | 74.96 | - | 110.46 |
| Rough Diamond and Gold | - | 1,340.94 | - | 25,305.26 | - | 0.68 | - | 15.66 |
| Agricultural Products | 1,994.37 | - | 4,237.39 | 14,532.91 | 200.15 | - | 361.67 | 755.20 |
| Textile | - | - | 1,167.74 | 14,955.85 | - | - | 78.05 | 1,223.94 |
| Other (Electronics, Consultancy) | - | - | - | 4.25 | - | - | - | 4.25 |
| Total Segment Revenue | 1,994.37 | 12,215.56 | 5,405.13 | 66,858.42 | 142.88 | 198.93 | 253.80 | 1,602.96 |
- Unallocable Income (Net of Expenses): Negative in Q1 FY26 (-57.26 lakhs), positive in Q4 FY25 (123.30 lakhs), negative in Q1 FY25 (-185.91 lakhs), and negative for FY25 (-506.55 lakhs).
- Segment assets and liabilities are balanced and consistent with business operations.
- Agricultural Products segment is the only segment reporting revenue in Q1 FY26.
- Construction Material and Rough Diamond & Gold segments had no revenue in Q1 FY26 but significant revenue in Q4 FY25 and FY25.
- Textile segment had no revenue in Q1 FY26 but had revenue in Q1 FY25 and FY25.
5. Capex, Projects, and Corporate Activity
- No explicit information on capital expenditure (capex), ongoing or planned projects.
- No mention of writedowns, writebacks, impairments, or provisions.
- No acquisitions, disposals, divestitures, mergers, or restructuring efforts disclosed.
- No cost-cutting measures or strategic shifts mentioned.
6. Standalone vs Consolidated
- Only Standalone financial results are provided.
- No consolidated results included or referenced.
Summary for Investment Analysis Team
| Aspect | Key Points |
|---|---|
| Auditor’s Note | Clean limited review report with no qualifications or concerns. |
| Financial Performance | Q1 FY26 standalone revenue Rs 1,994.37 lakhs; net profit Rs 142.88 lakhs; EPS Rs 0.14. |
| Q1 FY26 net profit margin improved to ~7.16% vs 4.7% in Q1 FY25 and 1.63% in Q4 FY25. | |
| FY25 net profit Rs 1,602.96 lakhs on revenue Rs 66,858.42 lakhs; EPS Rs 1.60. | |
| Segment Performance | Q1 FY26 revenue and profit solely from Agricultural Products segment. |
| Construction Material and Rough Diamond & Gold segments inactive in Q1 FY26 but significant in FY25. | |
| Unallocable expenses impacting profitability negatively in Q1 FY26. | |
| Management Commentary | None provided; no changes in accounting policies or material adjustments noted. |
| Capex/Corporate Activity | No disclosures on capex, projects, impairments, acquisitions, or restructuring. |
| Standalone vs Consolidated | Only standalone results provided; consolidated results not available. |
Actionable Insights:
- The company’s Q1 FY26 performance shows a decline in revenue compared to Q1 FY25 and Q4 FY25 but an improved net profit margin, indicating better cost control or segment mix.
- Agricultural Products segment is currently the main revenue driver; other segments inactive in Q1 FY26.
- Absence of corporate activity disclosures suggests no major strategic changes or investments in the quarter.
- Lack of consolidated results limits full group performance analysis.
- No auditor concerns enhance confidence in reported numbers.
Please advise if further detailed ratio analysis or trend evaluation is required.