BSE: 511501
Bharat Bhushan Finance & Commo
Operates as a small BSE-listed finance and commodity broking entity, with FY26 revenue from operations of ₹72.80 lakhs and net profit of ₹8.71 lakhs (turnaround from a ₹12.96 lakh loss in FY25). Total assets stood at ₹27.68 crore, while investments of ₹2,716.58 lakhs formed the bulk of the balance sheet against total equity of ₹2,627 lakhs. The cost structure is dominated by employee costs (36.2% of revenue) and other operating expenses (37.8%), with no material costs and negligible depreciation at 0.1% of revenue; EBITDA margin stood at 26.1%. Cash flow from operations was negative at ₹48.96 lakhs for FY26, despite the return to profitability. The board recommended a final dividend of ₹0.40 per share (4% on face value of ₹10), and the paid-up share capital doubled to ₹676.08 lakhs during FY26 following a 1:1 stock split. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Finance and commodity broking. Small, asset-light BSE-listed finance and commodity brokerage with a heavy investment portfolio relative to operating revenue
Exhibit 1: Financial summary, FY22–FY26 (all audited; no estimate years)
| ₹ crore · standalone | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 0 | 1 | 1 | 0 | 1 |
| EBITDA (ex other income) | 0 | 0 | 0 | (0) | 0 |
| margin % | 27.0 | 30.4 | 39.2 | (46.1) | 26.0 |
| Owners' profit | 0 | 0 | 0 | (0) | 0 |
| EPS, as reported (₹) | 0.29 | 0.34 | 0.64 | (0.38) | 0.13 |
| ROE % · ROCE % | 0.5 · — | 0.6 · — | 0.9 · — | (0.5) · — | 0.3 · — |
| Debt / equity (x) | — | — | — | — | — |
| Cash from operations | 0 | 0 | 0 | (1) | (0) |
| Capex | (0) | (0) | 0 | 0 | (0) |
Exhibit 2: Quarterly performance, last 8 quarters
| ₹ crore | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 0 | 0 | (0) | 1 | 0 | 0 | (0) | 1 |
| Profit before tax | 0 | (0) | (0) | 0 | 0 | 0 | (0) | 1 |
| Net profit | 0 | (0) | (0) | 0 | 0 | 0 | (0) | 1 |
| EPS (₹) | 0.19 | (0.35) | (0.55) | 1.22 | 0.10 | 0.06 | (0.64) | 0.91 |
Exhibit 3: Peers — basic industry group, by market cap
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| CRISIL LTD | 33,999 | 38.5 | 10.39 | — | 13.7 | 16.1 | — | 30.6 |
| ONEMI TECHNOLOGY SOL LTD | 5,509 | 19.5 | 4.10 | 9.4 | 21.0 | 18.8 | — | 32.0 |
| GYFTR LIMITED | 1,234 | — | 2.54 | 37.9 | 4.5 | 5.3 | 32.8 | 4.3 |
| CENTRUM CAPITAL LIMITED | 969 | — | 0.74 | 9.7 | (21.4) | (2.5) | 49.7 | 29.7 |
| PRIME SECURITIES LIMITED | 968 | 172.9 | 3.78 | — | 5.1 | — | 25.7 | 19.0 |
| WEALTH FRST PORT. MG. LTD | 881 | 26.7 | 5.18 | 16.9 | 22.5 | 30.3 | — | 97.5 |
| REGENCY FINCORP LIMITED | 571 | 52.3 | 3.56 | — | 8.4 | — | — | 84.3 |
| STELLANT SECURITIES (INDIA) LT | 529 | — | 1687.57 | — | 18.2 | 18.2 | — | 56.7 |
Exhibit 4: Where the company sits in its group
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 51.7 | 19.0 | 59 of 76 | 23% |
| P/B | 0.6 | 1.0 | 36 of 105 | 66% |
| ROE | 0.3 | 1.3 | 71 of 111 | 36% |
| EBITDA margin | 83.8 | 25.6 | 22 of 91 | 77% |
| Revenue growth | 40.0 | (4.1) | 24 of 85 | 73% |
| Profit growth | 49.1 | (0.2) | 39 of 109 | 65% |
| Market cap | 15 | 26 | 73 of 113 | 36% |
Exhibit 5: Filings of the last 90 days, with the measured price reaction
| Date · filing | Category | Importance | Next day % | 5-day % |
|---|---|---|---|---|
| 24 Oct 2026 · Board to approve September 2026 quarter and half-year results | results | low | — | — |
| 19 Oct 2026 · Promoter group member Mrs. Kanta Ahuja passes away holding 11,800 shares | general | low | — | — |
| 5 Oct 2026 · Reg 74(5) Depository Certificate filed for Q2 FY27 | compliance | minimal | — | — |
| 26 Sept 2026 · 34th AGM: All 3 Resolutions Passed Including Dividend of Rs 0.40 per Share | board shareholder meetings | low | — | — |
| 25 Sept 2026 · 34th AGM held; dividend of Rs 0.40 per share declared | board shareholder meetings | low | — | — |
| 12 Sept 2026 · SEBI settles NSEL paired contracts case with 6-month voluntary debarment | regulatory legal | high | — | — |
| 5 Sept 2026 · Newspaper notice on SEBI special window to dematerialise physical shares | compliance | minimal | — | — |
| 1 Sept 2026 · Newspaper ads confirming dispatch of 34th AGM notice and Annual Report | compliance | minimal | — | — |
| 31 Aug 2026 · Notice of 34th AGM on September 25, 2026 via video conferencing | board shareholder meetings | low | — | — |
| 31 Aug 2026 · Annual Report FY26 and 34th AGM notice filed with BSE | board shareholder meetings | medium | — | — |
How to read this document
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) | A state: the latest filed quarter and the measured reactions | an event is a fact; a rating is an opinion that requires SEBI RA registration |
| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
Sources, method and disclosures
This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.