Key Financials Snapshot

TTM · Consolidated · ₹ in Cr
Market Cap
₹32 Cr.
Stock P/E
3.2
P/B
0.1
Current Price
₹3.7
Book Value
₹ 55
Face Value
10
52W High
₹6.8
52W Low
₹ 3.2
Dividend Yield
0%

BSEL Algo Overview

Business

BSEL Algo Ltd. (formerly BSEL Infrastructure Realty Ltd.) has undergone a significant business transformation. While the provided sector indicates Construction - Real Estate, the company has largely pivoted its operations. Currently, BSEL Algo Ltd. is primarily engaged in providing IT software solutions, e-commerce platform development, and financial technology (FinTech) services, which include algorithmic trading solutions. The company aims to generate revenue through software development contracts, service fees from e-commerce platforms, and potentially licensing or subscription models for its FinTech products. Any remaining real estate or infrastructure activities, if present, are a minor part of its current stated business.

Revenue Mix

The company's revenue streams primarily derive from "Software Development & IT Enabled Services" and "E-commerce Operations." Precise breakdowns of contribution percentages are not consistently and granularly disclosed publicly without deep dive into annual reports, but these two areas constitute the core of its current operations following the business pivot.

Industry

BSEL Algo Ltd. operates in the highly competitive Indian IT Software & Services, FinTech, and E-commerce industries. In these segments, it is a relatively small player competing against numerous established IT service providers, well-funded FinTech startups, and large e-commerce entities. Its current positioning is that of an emerging player attempting to carve out a niche, potentially through specialized software solutions or specific client engagements, but without significant scale or broad market recognition in these new domains.

MOAT

Given its relatively smaller size and the intensely competitive nature of the IT, FinTech, and e-commerce sectors, BSEL Algo Ltd. is unlikely to possess significant durable competitive advantages or "moats" such as strong brand recognition, dominant market share, or high switching costs for customers. Any potential competitive edge would likely stem from niche technological expertise (e.g., in specific algorithmic trading strategies), proprietary software development capabilities, or specific client relationships, which are generally more fragile for smaller firms.

Growth Drivers

Digital Transformation: Increasing adoption of IT services and digitalization across various industries in India.

E-commerce Expansion: Continued growth of online commerce platforms and digital marketplaces.

FinTech Demand: Rising demand for financial technology solutions, including algorithmic trading and digital payment infrastructures.

Product Innovation: Successful development and market acceptance of new software products, platforms, or FinTech solutions.

Strategic Partnerships: Collaborations with larger technology firms or financial institutions to expand market reach and product offerings.

Risks

Business Model Transition Risk: The significant pivot from real estate to IT/FinTech involves inherent risks related to successful execution, market acceptance, and establishing credibility in new domains.

Intense Competition: The IT, FinTech, and e-commerce sectors are highly competitive with many established players and well-funded startups, making market penetration challenging.

Technology & Innovation Risk: Rapid technological advancements require continuous R&D and adaptation to remain relevant, posing a financial and operational challenge.

Client Acquisition & Retention: Difficulty in acquiring new clients and retaining existing ones in competitive markets.

Regulatory & Compliance Risk: Evolving regulations in FinTech, e-commerce, and data privacy could impact operations and compliance costs.

Financial Performance Volatility: The company's ability to generate sustainable profits and consistent cash flows from its new business model is yet to be firmly established.

Legacy Assets/Liabilities: Any lingering assets or liabilities from its former real estate/infrastructure business could pose unforeseen challenges.

Management & Ownership

Information regarding the specific promoters and management quality, particularly in the context of their expertise and track record in the new IT/FinTech domain, requires detailed examination of their recent performance and strategic decisions. Ownership structure in Indian companies typically features a significant promoter holding, alongside institutional and retail investors. The promoters' ability to successfully steer the company through its business model transformation and achieve profitability in its new ventures is crucial.

Outlook

BSEL Algo Ltd. is in a critical phase, having undergone a substantial strategic pivot from its historical infrastructure and real estate business to focus on IT, e-commerce, and FinTech. This transition positions the company in high-growth, technology-driven sectors, offering significant long-term potential. However, it also exposes the company to intense competition, the challenges of establishing a new market identity, and the need for continuous innovation. The success of this pivot hinges on effective execution, competitive product development, and prudent financial management. The market perception and valuation of the company will largely depend on its ability to demonstrate sustained profitability and growth in its new operational areas, overcoming any potential investor confusion from its legacy ticker.

BSEL Algo Share Price

Live · BSE / NSE · Inception: 1995
₹ | |
Volume
Price

Key Financials — Profit & Loss

₹ in Cr · Consolidated · annual

BSEL Algo Quarterly Results

#(Fig in Cr.) Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026 Jun 2026
Net Sales 8 23 10 -12 -7 1 -0 10 -46 1
Other Income 1 1 0 0 1 0 0 1 1 1
Total Income 9 23 10 -12 -7 1 0 11 -45 2
Total Expenditure 0 0 0 1 0 0 0 0 1 0
Operating Profit 9 23 10 -12 -7 1 -0 10 -46 2
Interest 0 0 0 0 0 0 0 0 0 0
Depreciation 0 0 0 0 0 0 0 0 0 0
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0
Profit Before Tax 9 23 10 -12 -7 1 -0 10 -46 2
Provision for Tax -1 5 2 -3 -0 1 0 3 -4 0
Profit After Tax 10 18 7 -9 -7 0 -0 8 -43 1
Adjustments 0 0 0 0 0 0 0 0 0 0
Profit After Adjustments 10 18 7 -9 -7 0 -0 8 -43 1
Adjusted Earnings Per Share 1.2 2.2 0.9 -1.1 -0.8 0 -0 0.9 -4.9 0.1

BSEL Algo Profit & Loss

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 0 1 0 0 5 0 0 0 40 28 13 -35
Other Income 2 1 5 2 2 2 2 8 1 2 2 3
Total Income 2 2 6 2 7 2 2 8 41 30 15 -32
Total Expenditure 7 5 1 2 27 8 1 2 1 2 2 1
Operating Profit -4 -3 4 1 -20 -6 1 6 40 29 13 -34
Interest 0 0 0 0 0 0 0 0 0 0 0 0
Depreciation 0 0 0 0 0 0 0 0 0 0 0 0
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0 0 0
Profit Before Tax -4 -3 4 1 -20 -7 1 6 40 29 13 -34
Provision for Tax 1 0 1 0 0 0 1 1 1 3 3 -1
Profit After Tax -5 -4 3 1 -20 -7 0 5 39 25 10 -34
Adjustments 0 0 0 0 0 0 0 0 0 0 0 0
Profit After Adjustments -5 -4 3 1 -20 -7 0 5 39 25 10 -34
Adjusted Earnings Per Share -0.6 -0.4 0.4 0.1 -2.4 -0.8 0.1 0.6 4.7 3 1.2 -3.9

BSEL Algo Balance Sheet

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 342 355 351 352 350 369 360 374 440 458 470
Minority's Interest 0 0 0 0 0 0 0 0 0 0 0
Borrowings 0 0 0 0 0 0 0 0 0 0 0
Other Non-Current Liabilities 0 0 0 0 0 0 0 0 0 0 0
Total Current Liabilities 357 378 369 371 397 431 418 432 469 483 488
Total Liabilities 700 733 721 724 747 799 778 806 909 941 959
Fixed Assets 2 2 2 2 2 1 1 1 1 1 1
Other Non-Current Assets 9 26 27 30 31 22 24 16 52 82 94
Total Current Assets 688 706 692 693 715 775 753 789 855 858 863
Total Assets 700 733 721 724 747 799 778 806 909 941 959

BSEL Algo Cash Flow

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 11 1 1 2 0 3 2 2 3 0 1
Cash Flow from Operating Activities -4 -22 19 5 -8 -29 8 -23 -35 34 -7
Cash Flow from Investing Activities 13 21 -18 -6 10 29 -8 24 32 -34 6
Cash Flow from Financing Activities 0 0 0 0 0 0 0 0 0 0 0
Net Cash Inflow / Outflow 9 -0 1 -1 2 -0 -0 1 -3 1 -1
Closing Cash & Cash Equivalent 20 1 2 0 3 2 2 3 0 1 1

BSEL Algo Ratios

# Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) -0.59 -0.44 0.35 0.07 -2.44 -0.79 0.06 0.59 4.71 3.05 1.15
CEPS(Rs) -0.58 -0.42 0.37 0.08 -2.43 -0.79 0.06 0.59 4.72 3.06 1.16
DPS(Rs) 0 0 0 0 0 0 0 0 0 0 0
Book NAV/Share(Rs) 41.44 42.92 42.49 42.66 42.42 44.61 43.58 45.29 53.28 55.47 54.31
Core EBITDA Margin(%) -1669.95 -719.69 -173.27 -286.55 -421.34 0 0 0 96.33 94.2 88.14
EBIT Margin(%) -1147.31 -509.58 874.01 144.86 -387.73 0 0 0 99.95 101.72 103.07
Pre Tax Margin(%) -1147.8 -512.84 873.81 144.64 -387.75 0 0 0 99.95 101.71 103.06
PAT Margin (%) -1306.32 -565.43 605.99 125.34 -388.17 0 0 0 98.29 89.62 76.94
Cash Profit Margin (%) -1264.89 -540.84 638.13 159.34 -385.4 0 0 0 98.39 89.8 77.29
ROA(%) -0.71 -0.5 0.4 0.08 -2.75 -0.84 0.06 0.61 4.54 2.72 1.05
ROE(%) -1.45 -1.04 0.83 0.15 -5.75 -1.81 0.13 1.32 9.56 5.61 2.15
ROCE(%) -1.27 -0.93 1.19 0.18 -5.74 -1.81 0.39 1.61 9.72 6.37 2.88
Receivable days 0 0 0 0 0 0 0 0 4055.42 5925.09 0
Inventory Days 0 0 0 0 0 0 0 0 3487.67 5144.41 0
Payable days 0 0 0 0 384.45 0 0 0 0 0 0
PER(x) 0 0 14.92 59.06 0 0 14.98 5.97 1.07 3.15 6.37
Price/Book(x) 0.04 0.08 0.12 0.09 0.05 0.02 0.02 0.08 0.09 0.17 0.14
Dividend Yield(%) 0 0 0 0 0 0 0 0 0 0 0
EV/Net Sales(x) -8.77 43.1 87.19 73.02 2.53 80.37 0 0 1.04 2.78 4.86
EV/Core EBITDA(x) 0.79 -8.89 9.62 40.83 -0.66 -0.49 3.49 4.39 1.04 2.73 4.7
Net Sales Growth(%) -47.24 69.75 -24.57 -10.14 1102.13 -99.25 -100 0 0 -29.04 -53.89
EBIT Growth(%) 85.7 24.61 229.38 -85.11 -3317.69 67.76 121.76 318.25 569.02 -27.78 -53.27
PAT Growth(%) 84.16 26.53 180.84 -81.41 -3823.02 67.72 107.52 890.08 701.59 -35.3 -60.41
EPS Growth(%) 84.16 26.53 180.85 -81.4 -3821.16 67.72 107.53 889.9 701.6 -35.3 -62.24
Debt/Equity(x) 0 0 0 0 0 0 0 0 0 0 0
Current Ratio(x) 1.93 1.86 1.87 1.87 1.8 1.8 1.8 1.83 1.82 1.78 1.77
Quick Ratio(x) 1.02 0.96 0.97 0.96 0.95 0.96 0.96 0.98 0.99 0.95 0.93
Interest Cover(x) -2321.92 -156.11 4560.57 661.68 0 0 350.83 0 0 0 0
Total Debt/Mcap(x) 0.08 0 0 0 0 0 0 0 0 0 0

Growth Rates

Compounded annual
# 1 Year 3 Year 5 Year 10 Year
Sales CAGR -54% — — —
Operating Profit CAGR -55% +29% — —
PAT CAGR -60% +26% — —
Share Price CAGR -44% -35% +16% +1%
ROE Average +2% +6% +4% +1%
ROCE Average +3% +6% +4% +1%

BSEL Algo Shareholding Pattern

Latest · Jun 2026
100% held
Promoters 20.42 %
FII 0.12 %
DII (MF + Insurance) 0 %
Public (retail) 79.47 %
# Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026 Jun 2026
Promoter 16.4516.4516.4516.4520.3120.3120.3120.4220.4220.42
FII 000.120.120.120.120.120.120.120.12
DII 0000000000
Public 83.5483.5483.4283.4279.5779.5779.5779.4779.4779.47
Others 0000000000
Total 100100100100100100100100100100

BSEL Algo Peer Comparison

Construction - Real Estate Edit Columns

BSEL Algo Quarterly Price

10-year quarterly close · BSE
Show Value Show %

News & Updates

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BSEL Algo Pros & Cons

Pros

  • Stock is trading at 0.1 times its book value
  • Company is almost debt free.

Cons

  • Promoter holding is low: 20.42%.
  • Company has a low return on equity of 6% over the last 3 years.
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