Bharat Global Developers Limited

BSE: 521238
Bharat Global Developers Limited - infrastructure and utilities in Ahmadabad City, Gujarat, India. FY 2026 financials and compliance.
CIN L70100GJ1992PLC017815 Incorporated 15 June 1992 ROC Ahmedabad HQ Ahmadabad City, Gujarat, India
Active Listed - BSE: 521238 Public Limited Company infrastructure and utilities
Data last updated
Revenue · FY 2026
₹26.11 Cr
▼ 96.1% YoY
Computed EBITDA · FY 2026
₹1.34 Lakh
▼ 99.94% YoY
Net profit · FY 2026
-₹12.27 Lakh
▼ 100.77% YoY
Authorised capital
₹200 Cr
Registered with MCA
Paid-up capital
₹101.26 Cr
Issued & subscribed
Open charges
None
Secured borrowings
Company age
34 yrs
Est. 1992
Last financials
Mar 2025
Balance sheet date

About Bharat Global Developers Limited

Data last updated: 14 July 2026

Bharat Global Developers Limited is a public limited company based in Ahmadabad City, Gujarat, India. It specialises in general infrastructure services, a part of the broader infrastructure and utilities sector. Incorporated on 15 June 1992, the company has been in operation for over 34 years.

Registered with ROC Ahmedabad under CIN L70100GJ1992PLC017815. Listed on BSE: 521238.

Capital: an authorised share capital of ₹200 Cr and a paid-up capital of ₹101.26 Cr. It is led by directors including Ketan Chavda and Dharmesh Solanki.

Last AGM: 30 September 2025. Financial statements filed for year ended 31 March 2025. Office: Ahmadabad City, Gujarat.

As per BSE-filed standalone financials for FY 2026, the company reported a revenue of ₹26.11 Cr, a decline of 96.1% compared to the previous year. The net worth stands at ₹190.26 Cr (down 0.05% YoY). Total assets are valued at ₹513.76 Cr (up 0.42% YoY).

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sequel-e-routers.com.

Company Details of Bharat Global Developers Limited
CIN L70100GJ1992PLC017815
Registration Number 017815
Incorporation Date 15 June 1992
ROC Ahmedabad
Listing Status Listed (BSE: 521238)
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
Key People
Keyurkumar Pravinbhai Patel Managing Director Ketan Chavda Additional Director Dharmesh Solanki Director
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
    sequel-e-routers.com
  • Social Media
    Locked
  • Registered Address
    6Th Floor – 604 Shivalik Shilp Near Iscon Cross Road, Ambli – Bopal Road S.G. Highway, Ahmadabad City, Gujarat, India – 380015
  • Industry
    Infrastructure and Utilities, General Infrastructure Services
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Financials, compliance, directors, charges, ownership and filings for Bharat Global Developers Limited in one report.

10-year financials Directors & ownership Charges & compliance

CIN History of Bharat Global Developers Limited

Bharat Global Developers Limited has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L70100GJ1992PLC017815, which is the unique identifier assigned by the Registrar of Companies.

CIN Status
L70100GJ1992PLC017815 Current
L45100GJ1992PLC017815 Previous
L17110GJ1992PLC017815 Previous

Business Activity of Bharat Global Developers Limited

Bharat Global Developers Limited is engaged in the principal business activity of trade, with detailed activities including wholesale trading.

Main Activity Group Code Description of Main Activity Business Activity Code Description of Business Activity Turnover Percentage
G Trade G1 Wholesale Trading Locked
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Auditor Details of Bharat Global Developers Limited

Bharat Global Developers Limited is audited by M/s. R B Gohil & Co (ICAI peer reviewed, certificate valid till 2027-12-31) for the financial year 2026, as reported in its BSE exchange filings. The statutory auditor is responsible for expressing an independent opinion on whether the financial statements present a true and fair view in accordance with applicable accounting standards.

Name Financial year Audit opinion
M/s. R B Gohil & Co (ICAI peer reviewed, certificate valid till 2027-12-31) FY 2026 Declaration of unmodified opinion

Board of Directors of Bharat Global Developers Limited

Bharat Global Developers Limited is currently managed by 6 directors, with 24 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.

Current Directors
Name Designation Appointment Date Tenure Status
Ketan Chavda
Also directs: Bharat Global Developers Limited
Additional Director 20 Nov 2025 0 Years 8 Months Current
Dharmesh Solanki
Also directs: Bharat Global Developers Limited
Director 29 Aug 2025 0 Years 11 Months Current
Niyati Vaishnav Ambani
Also directs: Bharat Global Developers Limited, T3consultant & Advisors Private Limited
Director 03 Apr 2025 1 Years 4 Months Current
Simoli Kalpesh Raval
Also directs: Bharat Global Developers Limited, Starlite Components Limited, Shyamkamal Investments Limited and 3 more
Director 18 Feb 2025 1 Years 5 Months Current
Sanjay Bhupatbhai Valgotar
Also directs: Bharat Global Developers Limited
Director 18 Feb 2025 1 Years 5 Months Current
Keyurkumar Pravinbhai Patel
Also directs: Bharat Global Developers Limited, Seedwave Agro Impex Private Limited
Managing Director 29 Nov 2024 1 Years 8 Months Current
View all directors

Financials of Bharat Global Developers Limited FY 2026 filings available

Bharat Global Developers Limited reported revenue of ₹26.11 Cr (down 96.1% YoY) for FY 2026.

Revenue · FY 2026
₹26.11 Cr ▼ 96.1%
Profit · FY 2026
-₹12.27 Lakh ▼ 100.77%
Computed EBITDA · FY 2026
₹1.34 Lakh ▼ 99.94%
Revenue₹ Cr · Standalone0250500750FY 2019: ₹0 Cr0FY 2019FY 2020: ₹0 Cr · -100% YoY0-100%FY 2020FY 2021: ₹0 Cr0FY 2021FY 2022: ₹0 Cr0FY 2022FY 2023: ₹0 Cr0FY 2023FY 2024: ₹26 Cr25.8FY 2024FY 2025: ₹669 Cr · +2495.7% YoY669+2495.7%FY 2025FY 2026: ₹26 Cr · -96.1% YoY26.1-96.1%FY 2026
Net Profit₹ Cr · Standalone-1001020FY 2019: ₹0 Cr0FY 2019FY 2020: ₹0 Cr · -61.7% YoY0-61.7%FY 2020FY 2021: ₹0 Cr · +112.9% YoY0+112.9%FY 2021FY 2022: ₹0 Cr · -71.2% YoY0-71.2%FY 2022FY 2023: ₹0 Cr · +5.3% YoY0+5.3%FY 2023FY 2024: ₹3 Cr · +166615% YoY3.3+166615%FY 2024FY 2025: ₹16 Cr · +380.7% YoY16+380.7%FY 2025FY 2026: ₹0 Cr (loss) · -100.8% YoY-0.1FY 2026
Quarterly Revenue₹ Cr · vs same quarter last year0100200300Q1'25: ₹54 Cr54.1Q1'25Q2'25: ₹216 Cr216Q2'25Q3'25: ₹276 Cr276Q3'25Q4'25: ₹122 Cr122Q4'25Q1'26: ₹20 Cr · -63.1% YoY19.9-63.1%Q1'26Q2'26: ₹6 Cr · -97.2% YoY6.2-97.2%Q2'26Q3'26: ₹0 Cr · -100% YoY0-100%Q3'26Q4'26: ₹0 Cr · -100% YoY0-100%Q4'26
Metrics FY 2026 FY 2025 FY 2024 FY 2023 FY 2022 FY 2021 FY 2020 FY 2019
Revenue from Operations ₹26.11 Cr ₹668.58 Cr ₹25.76 Cr ₹0 ₹0 ₹0 ₹0 ₹4.06 Lakh
Other Income ₹1.09 Cr ₹14.64 Cr ₹2.11 Lakh ₹4.4 Lakh ₹3.85 Lakh ₹3.27 Lakh ₹5.3 Lakh ₹4.51 Lakh
Total Income ₹27.19 Cr ₹683.22 Cr ₹25.78 Cr ₹4.4 Lakh ₹3.85 Lakh ₹3.27 Lakh ₹5.3 Lakh ₹8.57 Lakh
Cost of Materials Consumed ₹24.82 Cr ₹644.83 Cr ₹19.76 Cr ₹0 ₹0 ₹0 ₹0 ₹0
Purchases of Stock-in-Trade ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Changes in Inventories -₹28,000 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Employee Benefit Expense ₹0 ₹41.83 Lakh ₹3.68 Lakh ₹1.44 Lakh ₹1.8 Lakh ₹1.44 Lakh ₹3.42 Lakh ₹3.24 Lakh
Finance Costs ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Depreciation & Amortisation ₹11.78 Lakh ₹15.84 Lakh ₹42,000 ₹0 ₹0 ₹0 ₹0 ₹0
Other Expenses ₹2.36 Cr ₹16.23 Cr ₹1.3 Cr ₹2.69 Lakh ₹1.79 Lakh ₹94,000 ₹1.46 Lakh ₹4.24 Lakh
Total Expenses ₹27.3 Cr ₹661.63 Cr ₹21.11 Cr ₹4.13 Lakh ₹3.59 Lakh ₹2.38 Lakh ₹4.88 Lakh ₹7.48 Lakh
Profit Before Exceptional Items & Tax -₹10.44 Lakh ₹21.59 Cr ₹4.67 Cr ₹27,000 ₹26,000 ₹89,000 ₹42,000 ₹1.09 Lakh
Exceptional Items ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Profit Before Tax -₹10.44 Lakh ₹21.59 Cr ₹4.67 Cr ₹27,000 ₹26,000 ₹89,000 ₹42,000 ₹1.09 Lakh
Total Tax Expense ₹1.83 Lakh ₹5.56 Cr ₹1.33 Cr ₹7,000 ₹7,000 ₹23,000 ₹11,000 ₹28,000
Net Profit -₹12.27 Lakh ₹16.03 Cr ₹3.33 Cr ₹20,000 ₹19,000 ₹66,000 ₹31,000 ₹81,000
Other Comprehensive Income ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Total Comprehensive Income -₹12.27 Lakh ₹16.03 Cr ₹3.33 Cr ₹20,000 ₹19,000 ₹66,000 ₹31,000 ₹81,000
EBITDA (computed) ₹1.34 Lakh ₹21.75 Cr ₹4.67 Cr ₹27,000 ₹26,000 ₹89,000 ₹42,000 ₹1.09 Lakh
Basic EPS ₹-0.01 ₹1.60 ₹5.00 ₹0.03 ₹0.03 ₹0.11 ₹0.05 ₹0.14
Diluted EPS ₹-0.01 ₹1.60 ₹5.00 ₹0.03 ₹0.03 ₹0.11 ₹0.05 ₹0.14
Metrics FY 2026 FY 2025 FY 2024 FY 2023 FY 2022 FY 2021 FY 2020 FY 2019
Total Assets ₹513.76 Cr ₹511.62 Cr ₹165.48 Cr ₹5.07 Cr ₹5.07 Cr ₹5.07 Cr ₹5.14 Cr ₹5.11 Cr
Non-current Assets ₹4.27 Cr ₹4.95 Cr ₹4.22 Cr ₹5 Cr ₹5 Cr ₹4.99 Cr ₹5.01 Cr ₹5.03 Cr
Current Assets ₹509.49 Cr ₹506.67 Cr ₹161.26 Cr ₹7.65 Lakh ₹7.57 Lakh ₹7.28 Lakh ₹13.53 Lakh ₹7.76 Lakh
Property, Plant & Equipment ₹6.11 Lakh ₹74.94 Lakh ₹3.33 Lakh ₹0 ₹0 ₹0 ₹0 ₹0
Inventories ₹12.88 Cr ₹12.87 Cr ₹135.2 Cr ₹0 ₹0 ₹0 ₹0 ₹0
Trade Receivables ₹345.56 Cr ₹350.56 Cr ₹24.77 Cr ₹0 ₹7.01 Lakh ₹7.01 Lakh ₹13.23 Lakh ₹6.65 Lakh
Cash & Equivalents ₹78.67 Lakh ₹47.73 Lakh ₹42.52 Lakh ₹1.64 Lakh ₹27,200 ₹17,200 ₹16,200 ₹98,400
Equity (Net Worth) ₹190.26 Cr ₹190.34 Cr ₹101.04 Cr ₹51.17 Lakh ₹50.57 Lakh ₹50.38 Lakh ₹49.92 Lakh ₹49.61 Lakh
Equity Share Capital ₹101.26 Cr ₹101.26 Cr ₹97.76 Cr ₹55.96 Lakh ₹55.96 Lakh ₹55.96 Lakh ₹55.96 Lakh ₹55.96 Lakh
Borrowings (Non-current) ₹0 ₹0 ₹0 ₹0 ₹0 ₹4.03 Cr ₹4.04 Cr ₹4.04 Cr
Borrowings (Current) ₹81.41 Cr ₹87.57 Cr ₹3.71 Cr ₹4.03 Cr ₹4.03 Cr ₹0 ₹0 ₹0
Total Debt (computed) ₹81.41 Cr ₹87.57 Cr ₹3.71 Cr ₹4.03 Cr ₹4.03 Cr ₹4.03 Cr ₹4.04 Cr ₹4.04 Cr
Current Liabilities ₹323.51 Cr ₹321.28 Cr ₹64.43 Cr ₹4.56 Cr ₹4.57 Cr ₹53.63 Lakh ₹60.56 Lakh ₹57.37 Lakh
Total Liabilities ₹323.51 Cr ₹321.28 Cr ₹64.43 Cr ₹4.56 Cr ₹4.57 Cr ₹4.56 Cr ₹4.65 Cr ₹4.61 Cr
Metrics FY 2026 FY 2025 FY 2024 FY 2023 FY 2022
Operating Cash Flow ₹5.9 Cr -₹156.42 Cr -₹96.52 Cr -₹2.15 Lakh ₹29,300
Investing Cash Flow ₹57.25 Lakh -₹88.62 Lakh -₹6.59 Lakh ₹0 ₹0
Financing Cash Flow -₹6.16 Cr ₹157.36 Cr ₹97.02 Cr ₹0 ₹0
Capital Expenditure ₹0 ₹88.62 Lakh ₹3.75 Lakh ₹0 ₹0
Free Cash Flow (computed) ₹5.9 Cr -₹157.31 Cr -₹96.55 Cr -₹2.15 Lakh ₹29,300
Dividends Paid ₹0 ₹0 ₹0 ₹0 ₹0
Net Change in Cash ₹30.92 Lakh ₹5.21 Lakh ₹44.16 Lakh -₹2.15 Lakh ₹29,300
The cash-flow statement became part of the exchange results-filing format in FY2022 - earlier years were not filed and are hidden.
Metrics Q4 FY26 Q3 FY26 Q2 FY26 Q1 FY26 Q4 FY25 Q3 FY25 Q2 FY25 Q1 FY25
Revenue from Operations ₹0 ₹0 ₹6.16 Cr ₹19.94 Cr ₹122.16 Cr ₹276.03 Cr ₹216.35 Cr ₹54.05 Cr
Other Income ₹55.87 Lakh ₹0 ₹0 ₹1.08 Cr ₹2.39 Cr ₹24.11 Lakh ₹13.54 Cr ₹18,000
Total Income ₹55.87 Lakh ₹0 ₹6.16 Cr ₹21.02 Cr ₹124.54 Cr ₹276.27 Cr ₹229.89 Cr ₹54.05 Cr
Cost of Materials Consumed ₹0 ₹0 ₹5.79 Cr ₹19.02 Cr ₹119.89 Cr ₹271.18 Cr ₹204.1 Cr ₹49.65 Cr
Purchases of Stock-in-Trade ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Changes in Inventories ₹0 ₹0 ₹0 -₹28,000 ₹0 ₹0 ₹0 ₹0
Employee Benefit Expense ₹0 ₹0 ₹0 ₹0 ₹7.89 Lakh ₹9.75 Lakh ₹9.23 Lakh ₹14.91 Lakh
Finance Costs ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Depreciation & Amortisation ₹1.71 Lakh ₹1.75 Lakh ₹1.75 Lakh ₹6.57 Lakh ₹7.97 Lakh ₹6.76 Lakh ₹57,000 ₹54,000
Other Expenses ₹1.84 Cr ₹36.88 Lakh ₹11.06 Lakh ₹4.2 Lakh ₹1.85 Cr ₹3.05 Cr ₹12.05 Cr ₹81.51 Lakh
Total Expenses ₹1.86 Cr ₹38.63 Lakh ₹5.92 Cr ₹19.12 Cr ₹121.89 Cr ₹274.39 Cr ₹216.25 Cr ₹50.62 Cr
Profit Before Exceptional Items & Tax -₹1.3 Cr -₹38.63 Lakh ₹24.17 Lakh ₹1.9 Cr ₹2.65 Cr ₹1.87 Cr ₹13.64 Cr ₹3.43 Cr
Exceptional Items ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Profit Before Tax -₹1.3 Cr -₹38.63 Lakh ₹24.17 Lakh ₹1.9 Cr ₹2.65 Cr ₹1.87 Cr ₹13.64 Cr ₹3.43 Cr
Total Tax Expense -₹15,000 -₹16,000 ₹7.32 Lakh ₹47.02 Lakh ₹65.91 Lakh ₹48.1 Lakh ₹3.53 Cr ₹89.12 Lakh
Net Profit -₹1.3 Cr -₹38.47 Lakh ₹16.85 Lakh ₹1.43 Cr ₹1.99 Cr ₹1.39 Cr ₹10.11 Cr ₹2.54 Cr
Other Comprehensive Income ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Total Comprehensive Income -₹1.3 Cr -₹38.47 Lakh ₹16.85 Lakh ₹1.43 Cr ₹1.99 Cr ₹1.39 Cr ₹10.11 Cr ₹2.54 Cr
EBITDA (computed) -₹1.28 Cr -₹36.88 Lakh ₹25.92 Lakh ₹1.96 Cr ₹2.73 Cr ₹1.94 Cr ₹13.65 Cr ₹3.43 Cr
Basic EPS ₹-0.13 ₹-0.04 ₹0.55 ₹0.14 ₹0.20 ₹0.14 ₹1.03 ₹0.26
Diluted EPS ₹-0.13 ₹-0.04 ₹0.55 ₹0.14 ₹0.20 ₹0.14 ₹1.03 ₹0.26
Latest 8 quarters shown.
Segment · Q4 FY26 (latest quarter) Revenue Result (PBIT) Assets Liabilities
- Construction Material ₹0 ₹0 ₹16.3 Cr ₹142.73 Cr
- Gold ₹0 ₹0 ₹167.02 Cr ₹17.69 Cr
- Agricultural Products ₹0 -₹1.8 Cr ₹46.13 Cr ₹24.86 Cr
- Textile ₹0 ₹0 ₹152.14 Cr ₹11.15 Cr
- Other (Electronics, etc..) ₹0 ₹0 ₹0 ₹19.86 Lakh
Segment · FY 2026 (annual) Revenue Result (PBIT) Assets Liabilities
- Construction Material ₹0 ₹0 - -
- Gold ₹0 ₹0 - -
- Agricultural Products ₹26.11 Cr ₹56.84 Lakh - -
- Textile ₹0 -₹30.9 Lakh - -
- Other (Electronics, etc..) ₹0 ₹0 - -
Want more history and ratios?
You're viewing the latest exchange-filed financials for Bharat Global Developers Limited. The full report adds 10+ years of line-item history, 20+ ratios, peer benchmarks and a downloadable PDF.
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Shareholding Pattern of Bharat Global Developers Limited

As per the shareholding pattern filed with BSE for the quarter ended Mar 2026, retail and other public shareholders hold 100.00% of Bharat Global Developers Limited. The company had 45,965 shareholders on record.

Retail & Others: 100.00%
Mar 2026
QUARTER
100.00% Retail & Others
Public holding - history
Now 100.00% · Mar 2026High 100.00% · Jun 2023Low 100.00% · Jun 2023
99%99.3%99.5%99.8%100%Jun 2023Dec 2023Jun 2024Dec 2024Jun 2025Dec 2025Jun 2023: 100.00%Sep 2023: 100.00%Dec 2023: 100.00%Mar 2024: 100.00%Jun 2024: 100.00%Sep 2024: 100.00%Dec 2024: 100.00%Mar 2025: 100.00%Jun 2025: 100.00%Sep 2025: 100.00%Dec 2025: 100.00%Mar 2026: 100.00%100.00%100.00%
Shareholding trend - last 6 quarters
Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Promoters-0.00%0.00%0.00%-0.00%
Public100.00%100.00%100.00%100.00%100.00%100.00%
Shareholding history - year on year (as at 31 March)
Mar 2026Mar 2025Mar 2024
Promoters--0.00%
Public100.00%100.00%100.00%
Promoter change (YoY, %pts)---

Charges & Borrowings Bharat Global Developers Limited

Bharat Global Developers Limited does not have any charges (loans) registered with the Registrar of Companies.

Employees and EPFO Compliance at Bharat Global Developers Limited

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GST Compliance of Bharat Global Developers Limited

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Credit Ratings, Litigation & Regulatory Alerts for Bharat Global Developers Limited

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MSME Payment Delays by Bharat Global Developers Limited

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MSME payment history for Bharat Global Developers Limited

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Subsidiaries & Group Companies of Bharat Global Developers Limited

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MCA Filings & Documents of Bharat Global Developers Limited

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Recent Activity on Bharat Global Developers Limited

Directors
20 Nov 2025
Ketan Chavda was appointed as a Additional Director on 20 Nov 2025 & has been associated with this company since 8 months 23 days.
Activity
30 Sep 2025
Bharat Global Developers Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Directors
27 Sep 2025
Keyurkumar Pravinbhai Patel was appointed as a Cfo on 27 Sep 2025 & has been associated with this company since 10 months 16 days.
Directors
29 Aug 2025
Dharmesh Solanki was appointed as a Director on 29 Aug 2025 & has been associated with this company since 11 months 15 days.
Directors
03 Apr 2025
Niyati Vaishnav Ambani was appointed as a Director on 03 Apr 2025 & has been associated with this company since 1 year 4 months.
Activity
31 Mar 2025
Bharat Global Developers Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.

Frequently Asked Questions about Bharat Global Developers Limited

Bharat Global Developers Limited is an active public limited company in the infrastructure and utilities sector based in Ahmadabad City, Gujarat, India. It was incorporated on 15 June 1992 (34+ years old) and is registered under CIN L70100GJ1992PLC017815. Listed on BSE: 521238.

Bharat Global Developers Limited reported revenue of ₹26.11 Cr for FY 2026 (down 96.1% YoY) based on standalone BSE filings.

The current directors of Bharat Global Developers Limited are:

The primary industry of Bharat Global Developers Limited is infrastructure and utilities. The company specifically operates in general infrastructure services. The company is currently active in this sector.

Yes. Bharat Global Developers Limited is listed on BSE with code 521238.

Bharat Global Developers Limited can be reached at the registered office: 6Th Floor – 604 Shivalik Shilp Near Iscon Cross Road, Ambli – Bopal Road S.G. Highway, Ahmadabad City, Gujarat, India – 380015, or through the website sequel-e-routers.com.

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