Balgopal Commercial
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Balgopal Commercial said a team of Income Tax officers visited its Mumbai premises on 28 September and was continuing proceedings there on 29 September. Directors and senior managers were inside the office attending to the officers, with mobile phones switched off and access to the premises restricted, leaving the company unable to establish communication or ascertain the nature and scope of the action. The company said it was monitoring the situation and assessing the conduct of its scheduled annual meeting, and would update the exchange as the position became clear. The company carried an income-tax demand of Rs1.82 crore for 2017-18 under appeal. Consolidated inventories stood at Rs38.29 crore at 31 March 2026, including work-in-progress of Rs29.32 crore, while quoted equities and liquid fund holdings totalled Rs45.31 crore. Revenue from operations was Rs0.02 crore in FY26, with the bottom line driven by treasury fair-value moves.
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Balgopal Commercial said a team of Income Tax officers visited its Mumbai premises on 28 September and was continuing proceedings there on 29 September. Directors and senior managers were inside the office attending to the officers, with mobile phones switched off and access to the premises restricted, leaving the company unable to establish communication or ascertain the nature and scope of the action. The company said it was monitoring the situation and assessing the conduct of its scheduled annual meeting, and would update the exchange as the position became clear. The company carried an income-tax demand of Rs1.82 crore for 2017-18 under appeal. Consolidated inventories stood at Rs38.29 crore at 31 March 2026, including work-in-progress of Rs29.32 crore, while quoted equities and liquid fund holdings totalled Rs45.31 crore. Revenue from operations was Rs0.02 crore in FY26, with the bottom line driven by treasury fair-value moves.
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Balgopal Commercial Ltd's subsidiary Dreamax Realtors has signed a supplemental development agreement with Oshiwara Gokul Co-operative Housing Society to redevelop a 2,531.62 square metre plot in Oshiwara, Mumbai. The project has an estimated gross merchandise value of ₹200 crore, with Balgopal's entitlement of free sale component estimated at 51,086 square feet. The agreement revises a prior development deal from June 2011. Completion is targeted within 42 months plus a six-month grace period from receipt of the commencement certificate. The transaction is not a related-party deal and involves no promoter interest.
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Balgopal Commercial Ltd's subsidiary Dreamax Realtors has signed a supplemental development agreement with Oshiwara Gokul Co-operative Housing Society to redevelop a 2,531.62 square metre plot in Oshiwara, Mumbai. The project has an estimated gross merchandise value of ₹200 crore, with Balgopal's entitlement of free sale component estimated at 51,086 square feet. The agreement revises a prior development deal from June 2011. Completion is targeted within 42 months plus a six-month grace period from receipt of the commencement certificate. The transaction is not a related-party deal and involves no promoter interest.
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Feb 20 (Reuters) - Balgopal Commercial Ltd BALG.BO:
BALGOPAL COMMERCIAL LTD - APPROVED LAND PURCHASE IN KOLKATA FOR 6.5 MILLION RUPEES
Source text: ID:nBSE1JLgx9
Further company coverage: BALG.BO
(([email protected];))
Feb 20 (Reuters) - Balgopal Commercial Ltd BALG.BO:
BALGOPAL COMMERCIAL LTD - APPROVED LAND PURCHASE IN KOLKATA FOR 6.5 MILLION RUPEES
Source text: ID:nBSE1JLgx9
Further company coverage: BALG.BO
(([email protected];))
Jan 21 (Reuters) - Balgopal Commercial Ltd BALG.BO:
APPROVES 100% ACQUISITION OF DREAMAX ESTATES
Source text: ID:nBSE5km9g7
Further company coverage: BALG.BO
(([email protected];))
Jan 21 (Reuters) - Balgopal Commercial Ltd BALG.BO:
APPROVES 100% ACQUISITION OF DREAMAX ESTATES
Source text: ID:nBSE5km9g7
Further company coverage: BALG.BO
(([email protected];))
Dec 4 (Reuters) - Balgopal Commercial Ltd BALG.BO:
TO CONSIDER ISSUE OF SHARES, WARRANTS ON PREFERENTIAL BASIS
Source text: ID:nBSE2TGKvg
Further company coverage: BALG.BO
(([email protected];;))
Dec 4 (Reuters) - Balgopal Commercial Ltd BALG.BO:
TO CONSIDER ISSUE OF SHARES, WARRANTS ON PREFERENTIAL BASIS
Source text: ID:nBSE2TGKvg
Further company coverage: BALG.BO
(([email protected];;))
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Popular questions
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What does Balgopal Commercial do?
Balgopal Commercial, previously Bombinoo Commercial Co, specializes in trading consumer goods and expanding into investments. They offer a diverse range of sarees, from plain cotton to designer silk.
Who are the competitors of Balgopal Commercial?
Balgopal Commercial major competitors are Evexia Lifecare, Weagro, QMS Medi Allied Ser., Manaksia, Kothari Products, Chandrima Mercantile, Vinyl Chemicals (I). Market Cap of Balgopal Commercial is ₹372 Crs. While the median market cap of its peers are ₹382 Crs.
Is Balgopal Commercial financially stable compared to its competitors?
Balgopal Commercial seems to be financially stable compared to its competitors. The probability of it going bankrupt or facing a financial crunch seem to be lower than its immediate competitors.
Does Balgopal Commercial pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. Balgopal Commercial latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
How has Balgopal Commercial allocated its funds?
Companies resources are majorly tied in miscellaneous assets
How strong is Balgopal Commercial balance sheet?
Balance sheet of Balgopal Commercial is strong. It shouldn't have solvency or liquidity issues.
Is the profitablity of Balgopal Commercial improving?
No, profit is decreasing. The profit of Balgopal Commercial is -₹5.37 Crs for TTM, ₹6.29 Crs for Mar 2025 and ₹13.17 Crs for Mar 2024.
Is the debt of Balgopal Commercial increasing or decreasing?
Yes, The net debt of Balgopal Commercial is increasing. Latest net debt of Balgopal Commercial is ₹2.13 Crs as of Mar-26. This is greater than Mar-25 when it was -₹5.42 Crs.
Is Balgopal Commercial stock expensive?
Balgopal Commercial is not expensive. Latest PE of Balgopal Commercial is 0, while 3 year average PE is 29.92. Also latest EV/EBITDA of Balgopal Commercial is 0.0 while 3yr average is 79.02.
Has the share price of Balgopal Commercial grown faster than its competition?
Balgopal Commercial has given better returns compared to its competitors. Balgopal Commercial has grown at ~112.73% over the last 3yrs while peers have grown at a median rate of 1.1%
Is the promoter bullish about Balgopal Commercial?
Promoters seem to be bullish about the company. Latest quarter promoter holding is 55.38% and last quarter promoter holding is 50.39%.
Are mutual funds buying/selling Balgopal Commercial?
There is Insufficient data to gauge this.