BHARAT ROAD NETWORK LTD·INFRASTRUCTURE 36.70·Construction Companies

2026-08-21 NSE BSE Web 20% Result 15 Aug

Price

17.24

-0.64%
O:17.35
H:17.74
L:17.15
C:17.24

52W Range

16.6626.5
+3%/-35%

Market Cap

₹144.73 Cr

Traded: ₹0.05 Cr (0.04%) 0.0x

Free Float: ₹31.16 Cr (0.17% of FF traded)

Volume · 60D trend

31.38 K 0.0x

Delivery: % 0.0x

View Delivery Data

Returns

1W:+0% 1M:-2% 3M:-8% 6M:-20% 12M:-26%

Valuation

P/E--
P/B0.4
P/S0.9
EV/EBIT-10.7

Business Strength

ROE52.3%
ROCE15.2%
OPM-15.6%
NPM-38.3%

Growth (3Y CAGR)

EPS-121.0%
Sales-22.0%
Profit+23.0%
3Y Return-18.0%

Balance Sheet

Debt/Equity1.1
Debt434 Cr
Pledge23.0%
CWIP/Fixed Asset0.0%

Cash Position

CFO/NP213.6%
FCF-133 Cr
FCF 3Y Avg46.6 Cr
Cash/MCap190.0%

Others

Div Yield0.0%
Div Payout0.0%
Cash Conv. Cycle3 days
Tradeable Free Float21.5%

MTF Exposure Trend

60 sessions · funded amount, % of FF, daily delta

Current
₹ 0.11 L
0.00% FF
60d high
₹ 1.08 L
60d low
₹ 0
60d mean
₹ 0.51 L
vs mean
▼ 78.49%

Growth Trends

Metric10Y5Y3Y1YTTMTrend
ROE
-12.0%
-23.0%
+0.0%
--
--
Stable
Return
--
-12.0%
-18.0%
-9.0%
--
Stable
Profit
+5.0%
+12.0%
+23.0%
--
-180.0%
Stable
Sales
+70.0%
-6.0%
-22.0%
--
-61.0%
Decelerating

Quarterly Results

Jun 2026

15 Aug
Rev
47 Cr
+2% YoY-4% QoQ
OPM-154.0%
NPM-185.1%
PAT
-1022% YoY-87 Cr
EPS
-1021% YoY-11.2

Mar 2026

1 Jun
Rev
49 Cr
+4% YoY+17% QoQ
OPM-81.0%
NPM-224.5%
PAT
-1227% YoY-110 Cr
EPS
-1218% YoY-7.5

Dec 2025

14 Feb
Rev
42 Cr
-82% YoY+147% QoQ
OPM82.0%
NPM59.5%
PAT
-89% YoY25 Cr
EPS
-89% YoY2.2

Sep 2025

PDF
Rev
17 Cr
-78% YoY-63% QoQ
OPM-276.0%
NPM70.6%
PAT
+166% YoY12 Cr
EPS
+167% YoY0.6

Jun 2025

PDF
Rev
46 Cr
-55% YoY-2% QoQ
OPM61.0%
NPM28.3%
PAT
+166% YoY13 Cr
EPS
+166% YoY1.2

Mar 2025

PDF
Rev
47 Cr
-49% YoY-80% QoQ
OPM11.0%
NPM-14.9%
PAT
+83% YoY-7 Cr
EPS
+83% YoY-0.6

Dec 2024

PDF
Rev
232 Cr
+139% YoY+205% QoQ
OPM76.0%
NPM70.7%
PAT
+1178% YoY164 Cr
EPS
+1180% YoY20.2

Sep 2024

PDF
Rev
76 Cr
-16% YoY-26% QoQ
OPM11.0%
NPM-13.2%
PAT
+87% YoY-10 Cr
EPS
+87% YoY-0.8

Jun 2024

PDF
Rev
103 Cr
+4% YoY+11% QoQ
OPM48.0%
NPM-10.7%
PAT
-32% YoY-11 Cr
EPS
-32% YoY-1.9

Mar 2024

PDF
Rev
93 Cr
-1% YoY-4% QoQ
OPM47.0%
NPM-32.3%
PAT
+52% YoY-30 Cr
EPS
+53% YoY-3.4

Dec 2023

PDF
Rev
97 Cr
+0% YoY+7% QoQ
OPM50.0%
NPM-10.3%
PAT
+88% YoY-10 Cr
EPS
+88% YoY-1.9

Sep 2023

PDF
Rev
91 Cr
+36% YoY-8% QoQ
OPM-7.0%
NPM-72.5%
PAT
-335% YoY-66 Cr
EPS
-334% YoY-6.6

Jun 2023

PDF
Rev
99 Cr
--+5% QoQ
OPM53.0%
NPM-7.1%
PAT
-291% YoY-7 Cr
EPS
---1.4

Mar 2023

PDF
Rev
94 Cr
---3% QoQ
OPM-16.0%
NPM-73.4%
PAT
+62% YoY-69 Cr
EPS
---7.2

Dec 2022

Rev
97 Cr
--+45% QoQ
OPM-72.0%
NPM-132.0%
PAT
-1097% YoY-128 Cr
EPS
---15.8

Sep 2022

Rev
67 Cr
----
OPM66.0%
NPM-13.4%
PAT
+59% YoY-9 Cr
EPS
---1.5

Revenue & Margin Trends

Annual

Quarterly

Balance Sheet Health

Leverage

Debt / Equity1.08
Interest Coverage-4.7x
Promoter Pledge23.0%
Borrowings434 Cr

Efficiency

Receivable Days3 days
Inventory Days days
Payable Days days
Cash Conversion cycle3 days

Cash Position

Operating Cash Flow-126 Cr
Investing Cash Flow328 Cr
Financing Cash Flow-80 Cr
Free Cash Flow-133 Cr

Detailed Financials

Jun 2026PDF ↗
Mar 2026PDF ↗
Dec 2025PDF ↗
Sep 2025PDF ↗
Jun 2025PDF ↗
Mar 2025PDF ↗
Dec 2024PDF ↗
Sep 2024PDF ↗
Jun 2024PDF ↗
Mar 2024PDF ↗
Dec 2023PDF ↗
Sep 2023PDF ↗
Jun 2023PDF ↗
Mar 2023PDF ↗
Dec 2022
Sep 2022
Sales4749421746472327610393979199949767
Expenses1218886418425468534949984710916723
Operating Profit-73-4034-472851778504449-752-15-7044
OPM %-154.0%-81.0%82.0%-276.0%61.0%11.0%76.0%11.0%48.0%47.0%50.0%-7.0%53.0%-16.0%-72.0%66.0%
Other Income6-488675675552222-56
Interest000001154646474847464645
Depreciation2022177191818182134161616151513
Profit Before Tax-87-110251214-8165-10-13-31-12-68-9-74-136-9
Tax %0.0%0.0%-1.0%1.0%3.0%-10.0%0.0%2.0%-16.0%-6.0%-16.0%-3.0%-22.0%-7.0%-6.0%0.0%
Net Profit-87-110251213-7164-10-11-30-10-66-7-69-128-9
Exceptional Items--------------------------------
EPS (Rs)-11.2-7.52.20.61.2-0.620.2-0.8-1.9-3.4-1.9-6.6-1.4-7.2-15.8-1.5
Sales Growth (YoY)2.2%4.3%-81.9%-77.6%-55.3%-49.5%139.2%-16.5%4.0%-1.1%0.0%35.8%--------
Sales Growth (QoQ)-4.1%16.7%147.1%-63.0%-2.1%-79.7%205.3%-26.2%10.8%-4.1%6.6%-8.1%5.3%-3.1%44.8%--
OP Growth (YoY)-360.7%-900.0%-80.8%-687.5%-44.0%-88.6%261.2%214.3%-3.8%393.3%170.0%-115.9%--------
OP Growth (QoQ)-82.5%-217.6%172.3%-267.9%460.0%-97.2%2112.5%-84.0%13.6%-10.2%800.0%-113.5%446.7%78.6%-259.1%--
Profit Growth (YoY)-1022.0%-1227.0%-89.0%166.0%166.0%83.0%1178.0%87.0%-32.0%52.0%88.0%-335.0%-291.0%62.0%-1097.0%59.0%
EPS Growth (YoY)-1021.3%-1217.5%-89.2%167.1%165.9%83.3%1180.2%87.2%-32.1%52.5%88.2%-334.0%--------
EPS Growth (QoQ)-49.7%-442.9%284.2%-53.3%314.0%-102.8%2476.5%54.0%45.9%-82.9%71.8%-374.3%80.6%54.5%-934.6%--
OP Margin-155.3%-81.6%81.0%-276.5%60.9%10.6%76.3%10.5%48.5%47.3%50.5%-7.7%52.5%-16.0%-72.2%65.7%
Net Margin-185.1%-224.5%59.5%70.6%28.3%-14.9%70.7%-13.2%-10.7%-32.3%-10.3%-72.5%-7.1%-73.4%-132.0%-13.4%
Material Cost %0.0%0.0%0.0%0.0%0.0%0.0%0.0%33.9%29.2%21.3%25.8%23.8%25.6%33.9%34.5%19.2%
Employee Cost %2.9%1.9%2.9%7.0%3.0%3.6%0.5%2.0%1.6%2.9%2.3%3.1%2.8%3.4%3.2%5.2%
P/S0.930.951.120.48------------------------
P/E----5.970.91------------------------
P/B0.360.360.410.40------------------------

Shareholding Pattern

Shareholders:51.5K (+136.0%)
Current MixJun 2026

Exchange Filings

50
Company Update18 Aug 2026

Refer attached letter

Board Meeting14 Aug 2026

Please refer attached letter

Board Meeting09 Aug 2026

Bharat Road Network Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 14/08/2026 ,inter alia, to consider and approve unaudited Standalone and ....

Company Update06 Aug 2026

Resignation of Mr. Bajrang Kumar Choudhary as a Non Executive Director

Company Update15 Jul 2026

Please refer to the attached letter

Insider Trading / SAST01 Jul 2026

Please find attached the letter

Company Update01 Jun 2026

Refer attached letter

Board Meeting30 May 2026

Refer attached letter

Company Update30 May 2026

Annual Secretarial Compliance Report for the Financial Year ended 31st March, 2026

Result30 May 2026

Refer attachment

Board Meeting23 May 2026

Bharat Road Network Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 30/05/2026 ,inter alia, to consider and approve the Audited Standalone ....

Company Update19 May 2026

Refer Attached letter

Others30 Apr 2026

This is to inform you that the Board of Directors at its Meeting held today, i.e., 30th April 2026 has inter alia based on the recommendation of the Nomination and Remuneration Committee ....

Company Update18 Apr 2026

Sad and untimely demise of Prof Santanu Ray (DIN: 00642736), Chairman of the Board and Independent Director

Insider Trading / SAST01 Apr 2026

refer attached letter

Company Update17 Feb 2026

Newspaper Publication for unaudited financial results for quarter and nine months ended 31st December, 2025

Board Meeting13 Feb 2026

This is to inform you that the Board of Directors at its Meeting held today, i.e., 13th February 2026 has inter alia based on the recommendation of the Audit Committee, considered and approved ....

Board Meeting04 Feb 2026

Bharat Road Network Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 13/02/2026 ,inter alia, to consider and approve the Unaudited Financial ....

Insider Trading / SAST31 Dec 2025

Refer attached letter

Others15 Dec 2025

Refer attached letter

Company Update18 Nov 2025

Refer attached letter

Company Update18 Nov 2025

Refer attached letter

Company Update14 Nov 2025

Newspaper publication for unaudited financial results for quarter and half year ended 30th September, 2025

Result11 Nov 2025

Results for quarter and half year ended 30th September, 2025

Board Meeting11 Nov 2025

This is to inform you that the Board of Directors at its Meeting held today, i.e., 11th November 2025 has inter alia based on the recommendation of the Audit Committee, considered and approved ....

Board Meeting02 Nov 2025

Bharat Road Network Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 11/11/2025 ,inter alia, to consider and approve Unaudited Standalone and ....

Company Update18 Oct 2025

Please refer attached letter

Insider Trading / SAST30 Sept 2025

Intimation regarding closure of Trading window

AGM/EGM27 Sept 2025

Refer attached file.

AGM/EGM26 Sept 2025

Gist of the proceedings of the 18th Annual General Meeting of Bharat Road Network Limited held on 26th September, 2025

Company Update17 Sept 2025

Appointment of Mr. Anirup Sen as the Chief Executive Officer of the Company

Company Update17 Sept 2025

Resignation of Mr. Bajrang Kumar Choudhary as the Managing Director of the Company

Company Update05 Sept 2025

Newspaper Publication after despatch of 18th AGM Notice and Annual Report for the Financial Year ended 31st March, 2025

Others04 Sept 2025

Please find attached herewith, the 18th AGM Notice and Annual Report for the Financial Year ended 31st March, 2025 for Bharat Road Network Limited

Company Update20 Aug 2025

Refer attached letter

Company Update14 Aug 2025

Refer attached letter

Company Update12 Aug 2025

Appointment of M/s. M.R. & Associates as a Secretarial Auditor of the Company for a first term of 5 consecutive years from the Financial Year 2025-26 to Financial year 2029-30

AGM/EGM12 Aug 2025

Refer attached letter

Board Meeting12 Aug 2025

Refer attached letter

Company Update06 Aug 2025

Refer attached letter

Board Meeting05 Aug 2025

Bharat Road Network Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 12/08/2025 ,inter alia, to consider and approve the unaudited Standalone ....

Company Update22 Jul 2025

Intimation about reminder letters sent to shareholders - Final Dividend 2017-18

Company Update21 Jul 2025

Refer attached letter

Company Update20 Jul 2025

Resignation of Mr. Vinay Agrawal as Senior Vice President -Investments (designated by the board as the Key Managerial Personnel within the meaning of Section 2(51) and 203 of the Companies Act, 2013

Company Update09 Jul 2025

Refer attached letter

Insider Trading / SAST02 Jul 2025

Closure of Trading Window

Company Update29 May 2025

Annual Secretarial Compliance Report for the Financial Year ended 31st March, 2025

Company Update15 May 2025

Refer attached letter

Board Meeting13 May 2025

Refer attached letter

Company Update13 May 2025

Completion of tenure of Mr. Brahm Dutt as an Independent Director of the Company

Annual Reports

12

2025

2024

2023

2022

2021

2020

2019

2018

2017

2016

2015

2014

Concalls

3

May 2018

31 May 2018

Feb 2018

28 Feb 2018

Nov 2017

30 Nov 2017