What we do BF Utilities Ltd, part of the Kalyani Group, generates electricity using wind energy and manages infrastructure projects mainly in Maharashtra, India. |
Founded in 2,000 |
Market share Among key players in Maharashtra's infrastructure and wind energy sectors with growing capacity. |
Problem solved Provides clean, renewable wind power to reduce reliance on traditional electricity sources and supports infrastructure development. |
Top clients or who we serve Supplies power primarily to Kalyani Group companies; serves infrastructure sector stakeholders. Business-to-Business focused. |
Key management B. S. Mitkari (Whole-time Director & CEO), A. B. Kalyani (Chairperson) with experienced leadership in energy and infrastructure sectors. |
Our journey and innovations Originated from Bharat Forge's wind power initiative in 2000; expanded wind capacity to 18.33 MW; restructured to focus on infrastructure and renewable energy. |
Where we operate Operating mainly in Maharashtra with subsidiaries managing infrastructure projects across India. |
Top products or what we offer Wind energy generation (18.33 MW capacity), infrastructure development and management services. |
Top brands Wind Energy segment: 21.68 Cr revenue; Infrastructure segment: 966.85 Cr revenue, major profit contributor in FY 2024-25. |
Raw materials needed - |
Raw materials supplier - |
Recurring vs cyclical contribution Primarily recurring revenue through power generation and infrastructure services contracts. |
Our industry position Strong presence in regional wind power generation and infrastructure projects with robust financial performance. |
Financial highlights Standalone revenue of Rs. 416.82 million and net profit of Rs. 159.83 million in FY 2024-25; consolidated revenue Rs. 8,616.96 million with net profit Rs. 3,378.47 million. |
Geographical revenue split Mainly Maharashtra and other Indian regions through subsidiaries; no detailed split disclosed. |
Order book - |
Whats driving growth Growth driven by renewable energy demand, infrastructure projects, and cost optimization in wind power generation. |
Our future plans Focus on maximizing wind power generation efficiency and reducing operational costs; leveraging infrastructure assets. |
Our green promise Committed to renewable wind energy contributing to sustainable power generation and environmental conservation. |
Our people and values 7 employees; fostering cordial relations and focusing on safety, ethics, and compliance. |
Key challenges ahead Regulatory changes, reliance on single power off-taker, litigation risks, and operational challenges in wind energy. |
Interesting facts Originated from a demerger with Bharat Forge; first Indian wind mill capacity expanded in early 2000s. |
Risks and strategy Mitigating regulatory risks via compliance; addressing operational and legal challenges through governance and management focus. |
