Balurghat Tech

Who are in the management team of Balurghat Tech?

As of March 2022, the management team of Balurghat Tech includes Gita Sharma (Chairman), Rajendra Dugar (Non Executive Director), Manik Chand Tater (Independent Director), Pawan Kumar Sethia (Executive Director & Managing Director), Arun Kumar Sethia (Whole-time Director), and Ravikant Sethia (Whole-time Director). They are responsible for guiding the company's strategic direction and operations.

As of March 2022, the management team of Balurghat Tech includes the following individuals:<BR><BR>1. Gita Sharma - Chairman & Independent Director<BR>2. Rajendra Dugar - Non Executive Director<BR>3. Manik Chand Tater - Independent Director<BR>4. Pawan Kumar Sethia - Executive Director & Managing Director<BR>5. Arun Kumar Sethia - Whole-time Director<BR>6. Ravikant Sethia - Whole-time Director<BR><BR>These members play various roles in guiding the company's strategic direction and operations.

What does Balurghat Tech do?

Balurghat Technologies Ltd, established in 1993, operates in the transport services industry, focusing on surface transport. As of March 2025, it reported net sales of 26 Cr and a net profit of 1 Cr, with a market cap of Rs 39 Cr.

Overview: <BR>Balurghat Technologies Ltd operates in the transport services industry as a micro-cap company.<BR><BR>History: <BR>Incorporated in June 1993, Balurghat Technologies Ltd was initially established as Balurghat Transport Company. The company transitioned from being an air transport operator to diversifying into surface transport due to changes in government policy. The latest reported quarterly results are for March 2025, showing net sales and profit.<BR><BR>Financial Snapshot: <BR>Most recent Net Sales: 26 Cr (Quarterly Results - Mar 2025) <BR>Most recent Net Profit: 1 Cr (Quarterly Results - Mar 2025) <BR>Market-cap value: Rs 39 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: 16.00 <BR>Industry P/E: 37 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 0.88 <BR>Return on Equity: 12.18% <BR>Price to Book: 1.96 <BR><BR>Contact Details: <BR>Address: 170/2C, A J C Bose Road Kolkata West Bengal : 700014 <BR>Tel: 91-33-22866404 <BR>Email: kolkat@balurghat.co.in <BR>Website: http://www.balurghat.net

Has Balurghat Tech declared dividend?

No Dividend History Available

Who are the peers of the Balurghat Tech?

Balurghat Tech's peers include Container Corpn., Delhivery, Blue Dart Express, GE Shipping Co, S C I, Cargotrans Marit, GB Logistics, Transvoy Logistics, and Shahi Shipping. In terms of management risk, growth, and capital structure, Balurghat Tech ranks below average compared to its peers, with a 1-year return of -23.07%.

Peers: The peers of Balurghat Tech are Container Corpn., Delhivery, Blue Dart Expres, GE Shipping Co, S C I, Cargotrans Marit, GB Logistics, Transvoy Logist., and Shahi Shipping.<BR><BR>Quality Snapshot: Excellent management risk is observed at GB Logistics, while Good management risk is found at Blue Dart Expres, GE Shipping Co, Cargotrans Marit, and Transvoy Logist. Average management risk is noted at Container Corpn. and S C I, and Below Average management risk is seen at Delhivery and Shahi Shipping. For Growth, Excellent growth is seen at GB Logistics and Transvoy Logist., Good growth is noted at Delhivery, Blue Dart Expres, GE Shipping Co, and Cargotrans Marit, while Average growth is found at Container Corpn. and S C I, and Below Average growth is observed at Balurghat Tech and Shahi Shipping. In terms of Capital Structure, Excellent capital structure is noted at Container Corpn. and GE Shipping Co, Good capital structure is found at Blue Dart Expres, Cargotrans Marit, and S C I, while Average capital structure is seen at GB Logistics and Transvoy Logist., and Below Average capital structure is observed at Balurghat Tech and Shahi Shipping.<BR><BR>Return Snapshot: Shahi Shipping has the highest 1-year return at 48.46%, while Container Corpn. has the lowest at -32.88%. Balurghat Tech's 1-year return of -23.07% is better than Container Corpn. but worse than Shahi Shipping. Additionally, the six-month return is negative for Container Corpn., Blue Dart Expres, GE Shipping Co, S C I, Cargotrans Marit, Transvoy Logist., and Shahi Shipping.

What is the technical trend for Balurghat Tech?

As of May 12, 2025, Balurghat Tech's trend is mildly bearish with mixed signals from indicators, suggesting moderate bearish strength but potential for short-term recovery.

As of 12 May 2025, the technical trend for Balurghat Tech has changed from bearish to mildly bearish. The weekly MACD and KST are both mildly bullish, suggesting some positive momentum, while the monthly indicators, including MACD, Bollinger Bands, and KST, are mildly bearish, indicating a lack of strong upward momentum. The RSI shows no signal on the weekly timeframe but is bullish on the monthly, which adds some mixed signals to the analysis. Daily moving averages are mildly bearish, reinforcing the overall cautious stance. Given the recent price action, with today's high at 21.30 and a current price of 20.25, the strength of the bearish trend appears to be moderate, but the presence of bullish signals in the weekly indicators suggests potential for short-term recovery.

Who are the top shareholders of the Balurghat Tech?

The top shareholders of Balurghat Tech are Momasar Business Pvt Ltd with 19.02%, The Hooghly Mills Co Ltd at 9.16%, and individual investors holding 52.86%. There are no pledged promoter holdings, and the company has no mutual fund or foreign institutional investor participation.

The top shareholders of Balurghat Tech include Momasar Business Pvt Ltd, which holds the highest promoter stake at 19.02%. The highest public shareholder is The Hooghly Mills Co Ltd, with a holding of 9.16%. Additionally, individual investors collectively hold a significant portion of 52.86%. There are no pledged promoter holdings, and the company does not have any mutual fund or foreign institutional investor (FII) participation.

How big is Balurghat Tech?

As of 24th July, Balurghat Technologies Ltd has a market capitalization of 35.00 Cr, with recent net sales of 87.01 Cr and a net profit of 2.12 Cr. The balance sheet for March 2024 shows shareholder's funds of 15.29 Cr and total assets of 30.35 Cr.

As of 24th July, Balurghat Technologies Ltd has a market capitalization of 35.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, Balurghat Technologies Ltd reported Net Sales of 87.01 Cr and a Net Profit of 2.12 Cr.<BR><BR>The latest annual period for the balance sheet is March 2024, showing Shareholder's Funds of 15.29 Cr and Total Assets of 30.35 Cr.

When is the next results date for Balurghat Tech?

Balurghat Tech will announce its results on 12 November 2025.

Balurghat Tech will declare its results on 12 November 2025.

How has been the historical performance of Balurghat Tech?

Balurghat Tech's historical performance shows fluctuating net sales, increasing from 64.49 Cr in Mar'23 to 87.01 Cr in Mar'25, but profit after tax decreased from 2.46 Cr to 2.11 Cr during the same period. Despite rising sales, cash flow from operating activities turned negative at -8.00 Cr in Mar'25, indicating cash generation challenges.

Answer:<BR>The historical performance of Balurghat Tech shows a fluctuating trend in net sales and profitability over the years.<BR><BR>Breakdown:<BR>Balurghat Tech's net sales increased from 64.49 Cr in Mar'23 to 87.01 Cr in Mar'25, marking a significant recovery from a dip in Mar'21 when sales were 92.46 Cr. The total operating income followed a similar trend, reaching 87.01 Cr in Mar'25, up from 79.33 Cr in Mar'24. The total expenditure, excluding depreciation, rose to 82.96 Cr in Mar'25 from 75.39 Cr in Mar'24, reflecting increased manufacturing expenses, which were 74.34 Cr in Mar'25 compared to 68.46 Cr in Mar'24. Operating profit (PBDIT) also improved, reaching 4.44 Cr in Mar'25, up from 4.18 Cr in Mar'24. Profit before tax showed a slight increase to 2.97 Cr in Mar'25 from 2.92 Cr in Mar'24, while profit after tax decreased to 2.11 Cr from 2.46 Cr in the same period. The company's total assets grew significantly from 30.35 Cr in Mar'24 to 42.36 Cr in Mar'25, driven by an increase in current assets, which rose to 35.38 Cr. However, total liabilities also increased to 42.36 Cr, up from 30.35 Cr in Mar'24, primarily due to a rise in short-term borrowings. The cash flow from operating activities turned negative at -8.00 Cr in Mar'25, contrasting with a positive cash flow of 1.00 Cr in Mar'24, indicating challenges in cash generation despite the rise in sales.

Is Balurghat Tech overvalued or undervalued?

As of December 1, 2025, Balurghat Tech is considered overvalued with a PE ratio of 416.00 and has underperformed the Sensex by -45.78%, indicating a shift in market perception from very attractive to attractive.

As of 1 December 2025, Balurghat Tech's valuation grade has moved from very attractive to attractive, indicating a shift in market perception. The company is currently considered overvalued, with a staggering PE ratio of 416.00, an EV to EBITDA ratio of 21.42, and a Price to Book Value of 1.77. These figures suggest that the stock is priced significantly higher than its earnings and book value, raising concerns about its sustainability at current levels.<BR><BR>In comparison to its peers, Balurghat Tech's valuation metrics stand out unfavorably. For instance, Container Corporation, which is deemed very expensive, has a PE ratio of 29.39, while Delhivery, categorized as risky, has a PE of 226.82. This stark contrast highlights the excessive valuation of Balurghat Tech relative to its industry. Furthermore, the company's recent stock performance has lagged behind the Sensex, particularly over the past year, where it has returned -45.78% compared to the Sensex's 7.32%. This underperformance reinforces the notion that Balurghat Tech may be overvalued in the current market environment.

Should I buy, sell or hold Balurghat Technologies Ltd?

Are Balurghat Technologies Ltd latest results good or bad?

Balurghat Technologies Ltd's latest Q3 FY26 results are concerning, showing a net loss of ₹3.11 crores compared to a profit of ₹0.43 crores last year, marking the third consecutive quarter of losses. Despite a 20.04% revenue growth, profitability has deteriorated significantly, raising serious concerns about the company's operational sustainability.

Balurghat Technologies Ltd's latest results for Q3 FY26 indicate a troubling performance. The company reported a net loss of ₹3.11 crores, a significant decline from a profit of ₹0.43 crores in the same quarter last year. This marks the third consecutive quarter of losses for the company, raising concerns about its operational sustainability.<BR><BR>While revenue grew by 20.04% year-on-year to ₹27.67 crores, this growth was overshadowed by a sharp deterioration in profitability. The operating margin turned negative at -9.36%, down from a positive 3.77% in Q3 FY25. Additionally, the profit after tax (PAT) margin also fell to -11.24% from 1.87% a year ago.<BR><BR>The company's operational challenges are compounded by rising costs, particularly in employee expenses and interest, which have increased significantly. Furthermore, Balurghat Technologies is facing critical cash flow issues, with negative operating cash flow reported for FY25.<BR><BR>Overall, the latest results are concerning, highlighting significant operational difficulties and a lack of profitability, which could pose serious challenges for the company's future.

Why is Balurghat Technologies Ltd falling/rising?

As of 16-Mar, Balurghat Technologies Ltd's stock price is Rs 12.25, reflecting a decline of -0.81% and a total drop of -4.6% over the last four days. The company faces significant financial challenges, including operating losses, a high Debt to EBITDA ratio, and a year-to-date decline of -17.45%, contributing to a lack of investor confidence and ongoing stock price decline.

As of 16-Mar, Balurghat Technologies Ltd is experiencing a decline in its stock price, currently at Rs 12.25, which reflects a change of -0.1 (-0.81%). The stock has been on a downward trend, having fallen for the last four consecutive days, resulting in a total decline of -4.6% during this period. This performance is compounded by the fact that the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a persistent weakness in its price momentum.<BR><BR>In terms of broader performance, the stock has underperformed significantly compared to the benchmark Sensex, with a year-to-date decline of -17.45% against the Sensex's -11.40%. Over the past year, Balurghat Technologies Ltd has generated a staggering -34.81% return, which starkly contrasts with the Sensex's positive return of +2.27%. <BR><BR>The company's financial health also raises concerns, as it is facing operating losses and has a high Debt to EBITDA ratio of 5.51 times, indicating a low ability to service its debt. The recent financial results show a significant drop in profitability, with a PAT of Rs -3.11 crore, which is a drastic fall of -17871.4% compared to the previous four-quarter average. Additionally, the company's return on equity is low at 8.01%, further highlighting its weak profitability.<BR><BR>Investor participation has also declined, with a delivery volume that has fallen by -96.34% against the 5-day average, suggesting a lack of confidence among investors. The stock is currently close to its 52-week low, being only 2.86% away from Rs 11.9, which adds to the negative sentiment surrounding it.<BR><BR>Overall, the combination of poor financial performance, declining investor interest, and underperformance relative to market benchmarks contributes to the ongoing decline in the stock price of Balurghat Technologies Ltd.

Which are the latest news on Balurghat Tech?