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Earnings Call

B.R.Goyal Infrastructure Earnings Call: Key Takeaways

B.R. Goyal Infrastructure Ltd delivered strong revenue growth through execution in EPC and toll contracts, though pivoting to higher-margin wastewater and PPP segments introduces execution and bidding risks.

Why this was an Alfa AlertNot a filter event. Results were strong but no specific prior guided range was provided for comparison.
Highlights
Revenue growth61% YoY growth to ₹820cr, driven by EPC and toll segments.
MarginsEBITDA margin improved 105bps to 9.13%; targeting 10-11% for FY27.
Order book₹1235cr book; ₹1500cr-₹2000cr in active bids; 1.5x execution ratio.
Demand visibilityStrong visibility from government fund-allocated projects and National Highway pipelines.
Management confidenceBalanced but aggressive on expansion into higher-margin infrastructure segments.

Growth

Revenue grew 61% YoY to ₹820cr; PAT increased 77.8% driven by operational efficiencies and improved segment mix.

Outlook

Targeting 20-25% revenue growth for FY27 with EBITDA margins expanding toward 10-11%.

Risks

Intense competition in large-scale bidding (15-20 players) and reliance on subcontracting for new segments like wastewater.

Source

Earnings Call filed with BSE, NSE: BRGIL. Summary written with AI assistance from the document.

Read the document ↗

B.R.Goyal Infrastructure Ltd: key numbers

Share price
₹187.80
Market cap
₹447.4 Cr
Revenue (annual)
₹820.3 Cr
Net profit (annual)
₹44.82 Cr
P/E (TTM)
10.0×Sector 33.0×
Promoter holding
73.60%
FII holding
0.41%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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14:26 IST BSE
Business Update

B.R.Goyal Infrastructure Business Update

BRGIL's order book grew 40% to ₹1,720.72 Crore by August 2026. Fresh wins of ₹926 Crore span roads, buildings, and toll collections.

Value
₹926.0 Cr
Order book
₹1,721 Cr
12:09 IST BSE
New Order Win

B.R.Goyal Infrastructure Bags ₹52.4 Cr Order from National Highways Authority of India

B.R.Goyal Infrastructure received a Rs. 52.40 Crore work order from NHAI for Khambara Fee Plaza user fee collection. The one-year engagement strengthens the company's order book.

Value
₹52.40 Cr
From
National Highways Authority of India (NHAI)
Execution
One (01) Year
16:10 IST BSE
Capital Structure Change

B.R.Goyal Infrastructure Capital Structure Change

Rajesingh Tomar and Santosh Tomar, immediate relatives of employees, purchased 7,000 equity shares of B.R.Goyal Infrastructure via market transactions for a total of ₹0.14 Crore.

Value
₹0.14 Cr
11:17 IST BSE
New Order Win

B.R.Goyal Infrastructure Bags ₹108.7 Cr Order from National Highways Authority of India

B.R.Goyal Infrastructure Limited secured a Rs. 108.68 Crore work order from NHAI for user fee collection. The project at Chillakallu Toll Plaza spans one year.

Value
₹108.7 Cr
From
National Highways Authority of India (NHAI)
Execution
One (01) Year