Bharat Global Developers Ltd. (BGDL) (BSE: 521238), a multifaceted company specializing in sustainable energy solutions, cutting-edge engineering, aerospace advancements, and modern agricultural technologies, has announced that it has bagged ₹650 crore annual supply contract with Tata Agro & Consumer Products, a marquee client in India’s agricultural and consumer sectors. This partnership underscores BGDL’s commitment to delivering quality, reliability, and excellence in the agricultural commodities space.
Under this agreement, BGDL will supply a range of premium agricultural commodities, including tea leaves, coffee beans, organic pulses, coconuts, groundnuts, mustard and sesame seeds, as well as premium dry fruits such as almonds, cashews, nutmeg, and walnuts. The supply will be executed throughout the year in a phased manner, ensuring timely delivery to Tata Agro. This collaboration reaffirms our capabilities in managing large-scale operations while adhering to stringent quality standards, further strengthening its position in the market.
The X650 crore contract is a testament to BGDL’s operational efficiency and market credibility. It also marks a strategic step toward expanding the company’s footprint in the agricultural sector and diversifying its revenue streams. With a robust order book now exceeding X1,500 crores, including significant contracts with Reliance Industries and McCain India Agro, BGDL is well-positioned for accelerated growth. These developments highlight the company’s ability to forge meaningful partnerships with some of the most respected names in the industry, driving sustainable and profitable growth.
This partnership with Tata Agro is expected to significantly enhance the company’ topline and bottom line, contributing positively to the Company’s overall financial performance since we are expecting anywhere between 11% to 14% margins in this contract as its service fee. The steady demand for high-quality agricultural commmodities aligns with its long-term vision of becoming a leading player in the agri-commodities sector. By leveraging the company’s extensive expertise, efficient supply chain, and commitment to excellence, BGDL continues to create value for its stakeholders while exploring new opportunities for growth and collaboration.
Earlier, BGDL declared a 1:10 stock split and a 10:8 bonus issue, with the record date set for 16th December.
In its recent financial report, BGDL showcased outstanding quarterly growth across multiple metrics, highlighting its impressive expansion trajectory. The Revenue from Operations skyrocketed by 300% QoQ from ₹5,405 lakhs (Q1FY25) to ₹21,635 lakhs (Q2FY25), reflecting BGDL’s solid market position and increasing demand for its services. Furthermore, Net Profit grew by 298% QoQ, rising from ₹253 lakhs (Q1FY25) to ₹1,010 lakhs (Q2FY25).
Recently, the company’s AgriTech Division has secured its first major order from McCain India Agro Pvt Ltd. This landmark order is valued at approximately INR 3 Billion and involves the supply of 200,000 tonnes of Kufri Ashoka potatoes over a period of six months, starting in the current fiscal year. This achievement marks a significant milestone for Bharat Global AgroTech Pvt Ltd and strengthens its position in the Indian agricultural sector.
Bharat Global Developers Ltd is a multifaceted company specializing in sustainable energy solutions, cutting-edge engineering, aerospace advancements, and modern agricultural technologies. We are committed to driving innovation and infrastructure development across industries, shaping a future of progress and sustainability.
