BGR Energy Systems Limited
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BGR Energy Systems Limited - overview
Established
1985
Location
Chennai, Tamil Nadu, India
Primary Industry
Power & Utilities
About
BGR Energy Systems Limited, based in Chennai, India, delivers specialized engineering solutions to the Power and Oil & Gas sectors, focusing on innovative systems that enhance operational efficiency in energy generation. Founded in 1985, BGR Energy Systems Limited operates from Chennai, India, providing engineering solutions for the Power and Oil & Gas industries. The company has successfully expanded its portfolio and was publicly listed on the National Stock Exchange in January 2008, raising INR 4,320 mn. The latest funding round, Pre-IPO, which raised INR 1,944 mn, involved investment from Citi Venture Capital International.
BGR Energy Systems Limited specializes in providing advanced solutions for the Power and Oil & Gas industries, with a core focus on manufacturing On-line Condenser Tube Cleaning Systems, Debris Filters, and Rubber Cleaning Balls. These products enhance thermal and nuclear power plants' efficiency by effectively removing debris and contaminants from condenser tubes. The On-line Condenser Tube Cleaning Systems enable continuous operation during maintenance cycles, while Debris Filters prevent unwanted material accumulation. Since their introduction in 1985, these offerings have catered to power generation companies, oil refineries, and industrial facilities across Europe, North America, and Asia.
In the most recent fiscal year of 2023, BGR Energy Systems Limited reported revenue of INR 10,046,029,212. 88 with an EBITDA of INR -29,111,268. 80, reflecting the company's financial performance in servicing corporate clients in the Power and Oil & Gas sectors through project-based agreements for its core products. BGR Energy Systems Limited is focused on launching new products and expanding into international markets.
Recent funding will support these initiatives, which include refining existing technologies and developing further innovations in cleaning systems. The company aims to penetrate additional regions within Asia and Europe by the end of 2025, leveraging its recent Pre-IPO funding to enhance its product offerings and market reach.
Current Investors
Citi Venture Capital International
Primary Industry
Power & Utilities
Sub Industries
Power Generation Equipment & Services, Petrochemicals
Website
www.bgrcorp.com
Verticals
Manufacturing
Company Stage
Mature
Total Amount Raised
Subscriber access only
BGR Energy Systems Limited - timeline of key events
BGR Energy Systems Limited - financials
| Fiscal Year Ended | Mar 31, 2013 | Mar 31, 2014 | Mar 31, 2015 | Mar 31, 2016 | Mar 31, 2017 | Mar 31, 2018 | Mar 31, 2019 | Mar 31, 2020 | Mar 31, 2021 | Mar 31, 2022 | Mar 31, 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | 31,132,600,000 | 33,117,200,000 | 33,806,900,000 | 31,979,000,000 | 34,507,900,000 | 32,987,200,000 | 32,728,300,000 | 26,919,700,000 | - | - | - |
| % Revenue Growth (YoY) | - | 6.4% | 2.1% | (5.4%) | 7.9% | (4.4%) | (0.8%) | (17.7%) | - | - | - |
| EBITDA (USD) | 4,274,800,000 | 3,663,900,000 | 2,907,600,000 | 3,207,500,000 | 4,035,400,000 | 3,229,900,000 | 3,236,800,000 | 2,298,100,000 | - | - | - |
| Operating Income (USD) | 4,072,100,000 | 3,451,800,000 | 2,637,200,000 | 2,972,300,000 | 3,791,200,000 | 2,975,900,000 | 2,955,900,000 | 1,949,500,000 | - | - | - |
| Operating Margin | 13.1% | 10.4% | 7.8% | 9.3% | 11.0% | 9.0% | 9.0% | 7.2% | - | - | - |
| % EBITDA Margin | 13.7% | 11.1% | 8.6% | 10.0% | 11.7% | 9.8% | 9.9% | 8.5% | - | - | - |
| NET Income (USD) | 1,613,100,000 | 859,600,000 | 247,000,000 | 248,100,000 | 913,300,000 | 11,500,000 | 151,000,000 | (95,700,000) | - | - | - |
| % Net Margin | 5.2% | 2.6% | 0.7% | 0.8% | 2.6% | 0.0% | 0.5% | (0.4%) | - | - | - |
BGR Energy Systems Limited - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| N/A | Completed | 800MW North Chennai Thermal Power PPP | - | ||||||||
| N/A | Completed | Julurupada Substation Project | - |
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BGR Energy Systems Limited - employee data
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