Balgopal Commercial limited

BSE: BALGOPAL539834ISIN INE119R01014

Services
Trading & Distributors

Share price

₹145.00+3.30 (+2.33%)

as of 4 Nov 2026

Prices adjusted for splits and bonuses; cash dividends excluded. Volume shows actual shares traded.

52W high: ₹239.70
52W low: ₹130.00
Off 52W high: -39.51%
1M return: -9.40%
3M return: -22.93%
6M return: -10.49%
1Y return: -35.47%
20D avg volume: 640
50 DMA: ₹176.44
200 DMA: ₹175.13

Key ratios Consolidated

Market cap: ₹337.10 Cr
Current price: ₹145.00
52W high / low: ₹239.70 / ₹130.00
Face value: ₹10.00
P/E: -62.76
P/B: —
EPS (TTM): ₹-2.31
Book value / share: —
ROE: —
ROCE: -12.50%
Operating margin: —
Net margin: —
Debt / equity: 0.07
Net debt: ₹2.12 Cr
Interest cover: -113.00
Dividend yield: —
Dividend / share (TTM): —
Payout: —
Cash conversion cycle: 6,72,330.0 days

Financials

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q4 FY24	Q1 FY22
Income statement
	0.00	0.00	0.02	0.00	0.00	0.00	0.18	0.33	—	3.55
	6.83	-12.17	0.97	0.26	2.35	4.64	0.17	7.93	—	1.54
	6.83	12.17	0.99	0.26	2.35	-4.64	0.34	8.27	—	5.09
	0.80	0.64	0.40	0.33	0.32	0.21	0.64	0.26	—	3.48
	25.62	12.24	0.10	0.09	0.08	11.50	0.01	—	—	—
	0.00	0.08	0.00	0.00	0.08	0.00	—	0.01	—	3.65
	0.43	0.25	0.26	0.08	0.08	0.05	0.07	0.07	—	0.10
	0.00	0.00	0.00	0.09	0.00	0.00	—	—	—	0.02
	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—
	0.37	-8.37	8.88	0.16	0.24	0.14	0.39	0.10	—	—
	6.03	-12.81	0.59	-0.07	2.03	-4.85	-0.29	8.01	—	1.61
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	—	0.00
	6.03	-12.81	0.59	-0.07	2.03	-4.85	-0.29	8.01	—	1.61
	0.88	1.62	0.17	0.01	0.36	-0.63	0.17	0.91	—	0.11
	5.15	-11.18	0.75	-0.09	1.67	-4.22	-0.46	7.09	—	1.50
	2.39	-5.87	0.40	-0.05	0.88	-2.48	-0.28	4.30	—	0.91
Key metrics
	6.03	-12.81	0.59	0.02	2.03	-4.85	-0.29	8.01	—	1.63
	—	—	2,950.00%	—	—	—	-161.10%	2,427.30%	—	45.90%
	—	—	3,750.00%	—	—	—	-255.60%	2,148.50%	—	42.30%
	—	-15.80%	—	0.00%	—	-8.20%	—	—	—	—
	—	—	-88.90%	-100.00%	—	—	—	—	—	—
	208.40%	-164.90%	263.00%	-101.30%	—	—	—	—	—	—

Metric	TTM	FY26	FY25	FY24
Income statement
	0.02	0.02	0.56	—
	-4.11	8.60	8.15	—
	20.25	8.57	8.71	—
	2.17	1.69	1.33	—
	38.05	12.51	11.52	—
	0.08	0.00	0.01	—
	1.02	0.66	0.26	—
	0.09	0.09	0.00	—
	0.00	0.00	0.00	—
	1.04	0.90	0.75	—
	-6.26	-10.26	7.38	—
	0.00	0.00	0.00	—
	-6.26	-10.26	7.38	—
	2.68	-1.41	1.09	—
	-5.37	-8.85	6.29	—
	-3.13	-4.64	3.70	—
Key metrics
	-6.17	-10.17	7.38	—
	-30,850.00%	-50,850.00%	1,317.90%	—
	-26,850.00%	-44,250.00%	1,123.20%	—
	—	-12.50%	12.50%	—
	-96.08%	-96.40%	—	—
	-231.62%	-240.70%	—	—
	—	2.00	-6.87	—
	—	-0.23	-1.09	—
	—	0.07	0.03	—
	—	2.12	-1.99	—
	—	6,72,330.0	7,625.8	—
Balance sheet
	—	96.57	66.26	—
	—	47.73	24.59	—
	—	1.60	3.64	—
	—	0.00	0.00	—
	—	38.29	12.57	—
	—	2.23	3.21	—
	—	0.00	0.00	—
	—	1.45	0.87	—
	—	15.53	7.23	—
	—	3.72	1.65	—
	—	0.21	0.21	—
	—	3.51	1.44	—
	—	56.28	56.60	—
Cash flow
	—	2.00	-6.87	—
	—	-14.67	-11.51	—
	—	10.63	21.96	—
	—	0.00	0.00	—

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24	Q2 FY24
Income statement
	0.00	0.00	0.02	0.00	0.00	0.00	0.18	0.33	0.05	1.09	8.92	6.03
	6.82	12.20	0.84	0.03	2.34	-4.65	0.17	7.93	4.69	4.23	2.74	2.75
	6.82	-12.20	0.86	0.03	2.34	-4.65	0.34	8.27	4.74	5.32	11.66	8.78
	0.61	0.50	0.50	0.21	0.30	0.36	0.44	0.25	0.22	1.39	7.69	4.63
	0.00	0.00	0.00	0.00	0.00	9.09	—	—	—	—	—	—
	0.00	0.00	0.00	0.00	0.00	0.00	—	0.01	—	—	5.91	2.42
	0.24	0.25	0.25	0.07	0.08	0.06	0.07	0.07	0.06	0.06	0.06	0.06
	0.00	0.00	0.00	0.09	0.00	0.00	—	—	—	—	—	—
	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—	—	—
	0.37	0.23	0.23	0.05	0.22	0.28	0.20	0.09	0.13	0.22	0.07	0.02
	6.21	-12.70	0.36	-0.18	2.04	-5.01	-0.10	8.02	4.52	3.93	3.97	4.15
	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—	—	—
	6.21	-12.70	0.36	-0.18	2.04	-5.01	-0.10	8.02	4.52	3.93	3.97	4.15
	0.88	-1.60	0.22	-0.02	0.36	-0.63	0.17	0.91	0.64	0.19	0.27	0.03
	5.33	-11.11	0.59	-0.16	1.68	-4.38	-0.27	7.10	3.88	3.74	3.70	4.11
	2.47	-5.82	0.31	-0.09	0.88	-2.57	-0.16	4.30	2.35	2.27	2.24	2.49
Key metrics
	6.21	-12.70	0.36	-0.09	2.04	-5.01	-0.10	8.02	4.52	3.93	3.97	4.15
	—	—	1,800.00%	—	—	—	-55.60%	2,430.30%	9,040.00%	360.60%	44.50%	68.80%
	—	—	2,950.00%	—	—	—	-150.00%	2,151.50%	7,760.00%	343.10%	41.50%	68.20%
	—	-19.30%	—	-0.20%	—	-8.70%	—	—	—	—	—	—
	—	—	-88.90%	-100.00%	-100.00%	-100.00%	-98.00%	-94.50%	—	—	—	—
	217.30%	-153.70%	318.50%	-102.30%	-56.70%	-217.10%	-107.30%	72.70%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22
Income statement
	0.02	0.02	0.56	17.05	8.19	8.00
	19.89	8.99	8.14	11.79	0.05	0.92
	-4.49	-8.96	8.70	28.84	8.13	8.92
	1.82	1.52	1.27	14.69	8.10	8.55
	0.00	0.00	9.09	—	—	—
	0.00	0.00	0.01	8.77	12.04	8.62
	0.81	0.65	0.26	0.22	0.18	0.21
	0.09	0.09	0.00	—	—	—
	0.00	0.00	0.00	—	—	—
	0.88	0.73	0.70	0.40	0.29	0.53
	-6.31	-10.48	7.43	14.15	0.04	0.37
	0.00	0.00	0.00	—	—	—
	-6.31	-10.48	7.43	14.15	0.04	0.37
	-0.52	-1.48	1.09	0.98	0.14	0.07
	-5.35	-9.00	6.34	13.17	0.17	0.30
	-3.13	-4.72	3.73	7.97	0.10	0.18
Key metrics
	-6.22	-10.39	7.43	14.15	0.04	0.37
	-31,100.00%	-51,950.00%	1,326.80%	83.00%	0.50%	4.60%
	-26,750.00%	-45,000.00%	1,132.10%	77.20%	2.10%	3.80%
	—	-15.80%	12.90%	—	—	—
	-96.08%	-96.40%	-96.70%	108.20%	2.40%	—
	-229.54%	-242.00%	-51.90%	7,647.10%	-43.30%	—
	—	-2.65	-9.93	—	—	—
	—	0.29	-1.57	—	—	—
	—	0.17	0.00	—	—	—
	—	8.95	-0.18	—	—	—
	—	1,69,725.0	5,644.5	—	—	—
Balance sheet
	—	79.70	64.47	—	—	—
	—	15.77	17.03	—	—	—
	—	0.79	0.18	—	—	—
	—	0.00	0.00	—	—	—
	—	9.30	9.35	—	—	—
	—	0.07	2.34	—	—	—
	—	0.00	0.00	—	—	—
	—	0.00	0.69	—	—	—
	—	13.75	6.82	—	—	—
	—	9.74	0.00	—	—	—
	—	0.00	0.00	—	—	—
	—	9.74	0.00	—	—	—
	—	56.21	56.66	—	—	—
Cash flow
	—	-2.65	-9.93	—	—	—
	—	-15.03	-11.70	—	—	—
	—	18.29	21.75	—	—	—
	—	0.00	0.00	—	—	—

Compounded growth

Standalone

Sales CAGR 3Y: -86.53%
Sales CAGR 5Y: —
Profit CAGR 3Y: —
Profit CAGR 5Y: —
Sales YoY (TTM): -96.08%
Profit YoY (TTM): -229.54%

Consolidated

Sales CAGR 3Y: —
Sales CAGR 5Y: —
Profit CAGR 3Y: —
Profit CAGR 5Y: —
Sales YoY (TTM): -96.08%
Profit YoY (TTM): -231.62%

Compounded from reported annual figures. We publish no share-price CAGR: our prices are as-traded, so one would be wrong across every split and bonus issue.

Shareholding as of 30 Sep 2026

Promoter holding: 55.37%

Quarter	September 2026	June 2026
Promoter %	55.37%	55.37%

Holder	Type	Holding	Previous	Change
SANDEEP JINDAL	Promoter	16.25%	16.25%	0.00%
BASUDEV DEALERS LLP	Promoter Group	15.30%	15.30%	0.00%
BALGOPAL COMMERCIAL LIMITED-OPEN OFFER- DEMAT ESCROW ACCOUNT - OPERATED BY MCAPL	Promoter	10.75%	10.75%	0.00%
GAGANBASE VINCOM PRIVATE LTD	Public	5.60%	—	—
ALLIED COMMODITIES PRIVATE LIMITED	Promoter	4.73%	4.73%	0.00%
UPTURN DEVELOPERS LLP	Public	3.27%	3.27%	0.00%
BISWAJIT SAMAL	Public	3.04%	3.04%	0.00%
AAYAT TRADERS PRIVATE LIMITED	Public	3.02%	—	—
SHARWAN KUMAR SARRAF	Public	3.01%	3.01%	0.00%
SHIV PARVATI LEASING PRIVATE LIMITED	Public	3.00%	3.00%	0.00%
KIRAN DALMIA	Promoter Group	2.95%	2.95%	0.00%
KAMLA DEVI JINDAL	Promoter Group	2.89%	2.89%	0.00%
DIKSHIT KUMAR CHOUDHARY	Public	2.76%	2.76%	0.00%
VIJAY LALTAPRASAD YADAV	Promoter	2.15%	2.15%	0.00%
GRETEX SHARE BROKING LIMITED	Public	1.43%	1.43%	0.00%

Public shareholders are disclosed individually only above 1%.

Peer comparison

Company	Mkt cap (₹ Cr)	Price (₹)	P/E	ROCE	Sales YoY	Profit YoY	1Y return
Redington Limited	28,660	366.60	18.17	19.00%	+31.26% TTM	-17.17% TTM	+46.46%
MMTC Ltd.	8,025	53.50	17.94	21.60%	-19.71% TTM	+355.55% TTM	-20.53%
MSTC Limited	4,106	583.25	17.52	31.80%	+21.02% TTM	-44.88% TTM	+6.22%
CREATIVE NEWTECH LIMITED	2,094	1,394.20	25.97	26.40%	—	—	—
Pervasive Commodities Limited S	1,137	12.62	74.24	0.00%	+111.30% TTM	+197.12% TTM	—
BN AGROCHEM LIMITED	1,117	114.20	65.40	4.20%	+84.51% TTM	-60.97% TTM	-68.29%
RRP DEFENSE LIMITED S	802	584.75	-330.37	-8.00%	+39.37% TTM	-364.13% TTM	-35.71%
The Yamuna Syndicate Ltd	750	24,400.00	8.22	0.30%	+11.33% TTM	-16.43% TTM	-32.22%
Shiv Aum Steels Limited	741	545.00	—	—	—	—	—
Riddhi Siddhi Gluco Biols Ltd	636	670.90	-27.71	2.80%	-37.98% TTM	+38.40% TTM	+20.31%
State Trading Corporation of India	624	104.00	—	-16.70%	—	—	-21.92%
Arvaya Healthcare Limited S	569	118.45	-311.71	-2.10%	-47.37% TTM	-2,742.86% TTM	+148.22%
Oswal Agro Mills Ltd.	548	40.86	-15.96	1.50%	-99.98% TTM	-127.15% TTM	-46.29%
SMT ENGINEERING LIMITED	459	254.15	18.72	24.80%	+248.17% TTM	+377.43% TTM	+169.03%
Filtron Engineers Ltd. S	451	71.04	1,420.80	0.30%	-100.00% TTM	+363.64% TTM	+67.00%
Kothari Products Ltd.	364	61.00	18.72	1.60%	+7.57% TTM	+124.93% TTM	-32.00%
Balgopal Commercial limited	337	145.00	-62.76	-12.50%	-96.08% TTM	-231.62% TTM	-35.47%
PIPAN OILS LIMITED S	323	184.25	-118.11	-191.70%	—	-1,342.11% TTM	+35.19%
VEGA JEWELLERS LIMITED S	315	61.95	10.45	31.50%	+465.43% TTM	+873.55% TTM	+60.24%
Novalum Materials Limited S	307	46.74	274.94	7.70%	+290.48% TTM	+239.39% TTM	+36.63%
Sakuma Exports Ltd.	285	1.82	26.72	1.80%	-13.44% TTM	-0.93% TTM	-34.53%
Parshva Enterprises Limited	254	249.05	950.47	3.60%	+0.24% TTM	+8.33% TTM	+32.09%
Polo Queen Industrial and Fintech Limited	253	7.54	110.89	2.50%	-2.02% TTM	-15.56% TTM	-79.87%
Sicagen India Limited	225	56.94	8.91	7.40%	+29.43% TTM	+50.03% TTM	-9.42%
Chandrima Mercantiles limited S	218	6.55	-163.75	4.30%	-69.52% TTM	-134.73% TTM	-34.63%

Filings & corporate actions

Recent announcements

Balgopal Commercial Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 13/11/2026 ,inter alia, to consider and approve Unaudited Standalone and ....4 Nov 2026 · Board Meeting / Board Meeting
As per Attachment15 Oct 2026 · Company Update / General
Certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended 30th September, 2026.14 Oct 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
As per announcement.7 Oct 2026 · Company Update / General
Scrutiniser Report & Voting results for 44th AGM of the Company3 Oct 2026 · AGM/EGM / AGM
Outcome of AGM held on 30.09.202630 Sep 2026 · AGM/EGM / AGM
As per announcement29 Sep 2026 · Company Update / General
Outcome of the Board Meeting as per Attached File.25 Sep 2026 · Company Update / General
CORRIGENDUM TO THE NOTICE OF THE 44TH ANNUAL GENERAL MEETING TO BE HELD ON 30TH SEPTEMBER, 202625 Sep 2026 · AGM/EGM / AGM
Corrigendum to the Notice of Annual General Meeting25 Sep 2026 · Company Update / General
This is to inform you that pursuant to provisions of Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015 and the Company''s Internal Code of Conduct ....23 Sep 2026 · Insider Trading / SAST / Closure of Trading Window
Newspaper Publication for AGM9 Sep 2026 · Company Update / Newspaper Publication
AGM on 30.09.20267 Sep 2026 · AGM/EGM / AGM
Annual Report for the F.Y ended 31st March 20267 Sep 2026 · Others / Reg. 34 (1) Annual Report
44TH AGM & Book Closure details4 Sep 2026 · Company Update / General
Board took note of the NOC received from ROC for reservation of the name "Dreamax Enterprises Limited" for the proposed change of name of the Company and approved placing the proposal for ....4 Sep 2026 · Company Update / General
Board approved to increase the authorised share capital from Rs 24 crores to Rs 32 crores subject to shareholders approval at the ensuing AGM4 Sep 2026 · Company Update / General
Board approved appointment of Mr. Amit Bharat Agrawal and Mr. Prakash Shyamsundar Modi as Independent Directors and appointment of Mr. Premkumar Pawankumar Goyal as Non executive Director ....4 Sep 2026 · Company Update / Change in Directorate
Outcome of Board Meeting held today 04.09.20264 Sep 2026 · Board Meeting / Outcome of Board Meeting
Balgopal Commercial Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 04/09/2026 ,inter alia, to consider and approve Board Report, Corporate ....1 Sep 2026 · Board Meeting / Board Meeting
Intimation under Regulation 30 and Regulation 44 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 for declaration of voting results along with Scrutinizer Report ....27 Aug 2026 · AGM/EGM / Postal Ballot
Intimation under Regulation 30 and Regulation 44 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 for declaration of voting results along with Scrutinizer Report ....27 Aug 2026 · AGM/EGM / Postal Ballot
Submission of Newspaper Publications for Unaudited Standalone and Consolidated Financial Results for the quarter ended 30th June''202613 Aug 2026 · Company Update / Newspaper Publication
Statement of Deviation for the quarter ended 30th June 202611 Aug 2026 · Company Update / Reg. 32 (1), (3) - Statement of Deviation & Variation
Appointment of Internal Auditor11 Aug 2026 · Company Update / General
Unaudited Financial Results for quarter ended 30.06.202611 Aug 2026 · Result / Financial Results
Outcome of Board Meeting held on 11.08.202611 Aug 2026 · Board Meeting / Outcome of Board Meeting
Intimation of Receipt of Trading Approval granted by Stock Exchange for 23,38,000 Equity Shares issued to Promoters on Preferential Basis.7 Aug 2026 · Company Update / General
Balgopal Commercial Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 11/08/2026 ,inter alia, to consider and approve and take on record the ....3 Aug 2026 · Board Meeting / Board Meeting
The newspaper publication of the advertisment of Postal Ballot Notice and other related information.29 Jul 2026 · Company Update / Newspaper Publication
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Sandeep Jindal & PACs29 Jul 2026 · Insider Trading / SAST / Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
The Postal Ballot Notice Dated July 25,2026, along with the explanatory statement, seeking approval of the members of the Company, by way of remote e-voting process is attached.28 Jul 2026 · AGM/EGM / Postal Ballot
OUTCOME OF BOARD MEETING HELD ON 25TH JULY, 202625 Jul 2026 · Company Update / General
OUTCOME OF BOARD MEETING HELD ON 25TH JULY, 202625 Jul 2026 · Others / Outcome without intimation
Certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended 30th June, 2026.8 Jul 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Intimation of receipt of Listing Approval from BSE Limited29 Jun 2026 · Company Update / General
This is to inform you that pursuant to the provisions of the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulation 2015 and the Company Internal Code of Conduct ....25 Jun 2026 · Insider Trading / SAST / Closure of Trading Window
Receipt of order by M/s. Esquire Real Estate & Bio-Infocom Private Limited a wholly owned subsidiary of the Company12 Jun 2026 · Company Update / Award of Order / Receipt of Order
Receipt of order by M/s. Dreamax Realtors wholly owned subsidiary12 Jun 2026 · Company Update / Award of Order / Receipt of Order
Disclosures9 Jun 2026 · Company Update / General

Board meetings

11 Aug 2026 Board Meeting - Financial Results