A small BSE-listed entity that has historically traded in agricultural products, gold (and rough diamonds), textiles, construction materials, and other items such as electronics and consultancy, but which has run down operations sharply. In FY26 the only segment recording revenue was Agricultural Products, with the construction material, gold, textile and other segments all reporting zero revenue in the most recent quarters. Materials accounted for 95.1% of revenue in FY26 with negligible employee cost, indicating a trading or distribution model rather than manufacturing. The company posted a small net loss on an EBITDA margin of 0.05%, against total assets of ₹513.76 crore. Filings show a ~95% decline in 9M FY26 revenue versus the prior-year period, with the company's classification on the exchange as IT Hardware / Computers Hardware & Equipments despite the commodity-trading activity. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Agricultural Products (100%), Construction Material, Gold, Textile, Other (Electronics, etc.). Small commodity-trading entity that has scaled back from a multi-segment business to a single active segment
| ₹ crore · consolidated | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 0 | 0 | 26 | 669 | 26 |
| EBITDA (ex other income) | (0) | (0) | 5 | 7 | (1) |
| margin % | — | — | 18.1 | 1.1 | (4.1) |
| Owners' profit | 0 | 0 | 3 | 16 | (0) |
| EPS, as reported (₹) | 0.03 | 0.03 | 5.00 | 1.60 | 0.01 |
| ROE % · ROCE % | 0.4 · 0.5 | 0.4 · 0.5 | 3.3 · 4.6 | 8.4 · 11.3 | (0.1) · (0.1) |
| Debt / equity (x) | 7.96 | 7.87 | 0.04 | 0.46 | 0.43 |
| Cash from operations | 0 | (0) | (97) | (156) | 6 |
| Capex | 0 | 0 | (0) | (1) | 0 |
| ₹ crore | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 216 | 276 | 122 | 20 | 6 | 0 | 0 | 0 |
| Profit before tax | 14 | 2 | 3 | 2 | 0 | (0) | (1) | (1) |
| Net profit | 10 | 1 | 2 | 1 | 0 | (0) | (1) | (1) |
| EPS (₹) | 1.03 | 0.14 | 0.20 | 0.14 | 0.55 | 0.04 | 0.13 | 0.11 |
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| GNG ELECTRONICS LIMITED | 7,810 | 55.4 | 10.28 | 40.6 | 17.4 | 18.7 | — | 12.8 |
| RASHI PERIPHERALS LIMITED | 5,391 | 16.9 | 2.65 | 12.6 | 13.9 | 18.0 | — | 3.4 |
| MOSCHIP TECHNOLOGIES LTD | 4,087 | 150.3 | 10.00 | 69.0 | 8.6 | 7.4 | 40.9 | 10.1 |
| NELCO LTD | 2,158 | 559.5 | 16.75 | 75.5 | 2.6 | 3.1 | 6.3 | 11.9 |
| Date · filing | Category | Importance | 1-day % | 5-day % |
|---|---|---|---|---|
| 5 Sept 2026 · Newspaper Advertisement for AGM and E-voting Information | compliance | minimal | — | — |
| 3 Sept 2026 · AGM on 28 Sep 2026 via video conferencing, e-voting 25 to 27 Sep | board shareholder meetings | low | — | — |
| 3 Sept 2026 · BRSR filing for FY 2025-26 by Bharat Global Developers | compliance | minimal | — | — |
| 3 Sept 2026 · Annual Report FY26; revenue collapsed, PAT turned negative | results | high | — | — |
| 3 Sept 2026 · BGDL Clarifies on Share Price Movement to BSE | compliance | low | — | — |
| 2 Sept 2026 · AGM on 28 September 2026 for FY26 results and auditor approval | board shareholder meetings | low | — | — |
| 2 Sept 2026 · BSE seeks clarification on price movement from Bharat Global | regulatory legal | medium | — | — |
| 31 Aug 2026 · Newspaper publication of AGM notice - Sept 28, 2026 | compliance | minimal | — | — |
| 29 Aug 2026 · Board sets 28 Sep 2026 AGM, fixes book closure 22-28 Sep | board shareholder meetings | medium | — | — |
| 17 Aug 2026 · Newspaper publication of Q1 FY27 unaudited results filed with BSE | compliance | minimal | — | — |
| 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 |
| D-LINK INDIA LTD |
| 1,544 |
| 14.4 |
| 3.05 |
| 10.2 |
| 20.6 |
| 27.2 |
| 16.6 |
| 8.6 |
| BHARAT GLOBAL DEVELOPERS LIMIT ◆ | 1,419 | 168.8 | 7.46 | — | (0.1) | (0.1) | — | — |
| IVALUE INFOSOLUTIONS LTD | 1,232 | 11.9 | 2.17 | 7.8 | 17.3 | 21.9 | — | 13.4 |
| CONTROL PRINT LIMITED | 931 | 23.9 | 2.06 | 9.6 | 9.7 | 15.5 | 18.8 | 13.4 |
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 168.8 | 20.8 | 16 of 18 | 12% |
| P/B | 7.5 | 2.9 | 11 of 16 | 33% |
| ROCE | (0.1) | 14.9 | 17 of 19 | 11% |
| ROE | (0.1) | 9.7 | 15 of 17 | 13% |
| Debt / Equity | 0.4 | 0.1 | 13 of 17 | 25% |
| Revenue growth | (100.0) | 7.0 | 13 of 15 | 0% |
| Profit growth | (178.6) | 30.0 | 14 of 15 | 7% |
| Market cap | 1419 | 517 | 6 of 19 | 72% |
| 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 |
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.
