Bharat Global Developers Ltd Share Price – BSE

IT - Hardware, Small Cap

Bharat Global Developers (BGDL) has successfully completed the Rs 300 crore Fluidized Catalytic Cracker (FCC) project for Reliance Industries.

The FCC unit, which is a pivotal component of Reliance Industries' refinery operations, was designed and constructed to meet the highest operational and environmental standards. The project highlights BGDL's engineering excellence and ability to execute complex industrial infrastructure projects seamlessly, aligning with global best practices.

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Bharat Global Developers has fixed 26 December 2024 as record date for sub-division of one equity share of the company of face value of Rs 10 each into 10 equity shares of face value of Re 1 each.

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Bharat Global Developers has fixed 26 December 2024 as record date for issue of bonus shares in ratio of 08:10.

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Under this agreement, the company will supply a range of premium agricultural commodities, including tea leaves, coffee beans, organic pulses, coconuts, groundnuts, mustard and sesame seeds, as well as premium dry fruits such as almonds, cashews, nutmeg, and walnuts.

The supply will be executed throughout the year in a phased manner, ensuring timely delivery to Tata Agro. This collaboration reaffirms our capabilities in managing large-scale operations while adhering to stringent quality standards, further strengthening our position in the market.

“The Rs 650 crore contract is a testament to BGDL's operational efficiency and market credibility. It also marks a strategic step toward expanding our footprint in the agricultural sector and diversifying our revenue streams. With a robust order book now exceeding Rs 1,500 crore, including significant contracts with Reliance Industries and McCain India Agro, BGDL is well-positioned for accelerated growth. These developments highlight our ability to forge meaningful partnerships with some of the most respected names in the industry, driving sustainable and profitable growth.

This partnership with Tata Agro is expected to significantly enhance our topline and bottom line, contributing positively to the company’s overall financial performance since we are expecting anywhere between 11% to 14% margins in this contract as our service fee. The steady demand for high-quality agricultural commodities aligns with our long-term vision of becoming a leading player in the agri-commodities sector. By leveraging our extensive expertise, efficient supply chain, and commitment to excellence, BGDL continues to create value for its stakeholders while exploring new opportunities for growth and collaboration,” the firm stated in an exchange filing.

Bharat Global Developers (formerly known as Kkrrafton Developers) specializes in sourcing, importing, and exporting a wide array of products spanning industries such as textile, agriculture, consumer goods, and beyond.

The company’s standalone net profit zoomed 298.03% to Rs 10.11 crore on 300.28% jump in net sales to Rs 216.35 crore in Q2 FY25 over Q1 FY25.

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