B.R.Goyal Infrastructure Ltd
Incorporated in 2005, B.R.Goyal Infrastructure Limited is engaged in constructing infrastructure projects such as roads, highways, bridges, and buildings.[1]
- Market Cap ₹ 296 Cr.
- Current Price ₹ 124
- High / Low ₹ 177 / 89.1
- Stock P/E 6.59
- Book Value ₹ 115
- Dividend Yield 0.00 %
- ROCE 21.7 %
- ROE 17.8 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 1.08 times its book value
- Company has delivered good profit growth of 46.7% CAGR over last 5 years
Cons
- Contingent liabilities of Rs.128 Cr.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Half Yearly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| 253 | 258 | 225 | 346 | 589 | 510 | 820 | |
| 234 | 242 | 206 | 320 | 554 | 467 | 745 | |
| Operating Profit | 19 | 16 | 19 | 27 | 34 | 43 | 75 |
| OPM % | 8% | 6% | 8% | 8% | 6% | 8% | 9% |
| 3 | 4 | 4 | 7 | 7 | 5 | 4 | |
| Interest | 7 | 6 | 7 | 7 | 8 | 9 | 8 |
| Depreciation | 5 | 5 | 5 | 5 | 5 | 5 | 9 |
| Profit before tax | 10 | 9 | 10 | 22 | 29 | 34 | 63 |
| Tax % | 22% | 23% | 26% | 22% | 24% | 25% | 28% |
| 8 | 7 | 7 | 17 | 22 | 25 | 45 | |
| EPS in Rs | 8.95 | 7.55 | 8.57 | 19.92 | 25.16 | 10.57 | 18.81 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 1% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 26% |
| 3 Years: | 33% |
| TTM: | 61% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 47% |
| 3 Years: | 38% |
| TTM: | 79% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | 1% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 16% |
| 3 Years: | 17% |
| Last Year: | 18% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 9 | 9 | 9 | 9 | 9 | 24 | 24 |
| Reserves | 65 | 71 | 79 | 96 | 118 | 205 | 250 |
| 57 | 65 | 53 | 42 | 49 | 70 | 76 | |
| 77 | 49 | 63 | 51 | 63 | 74 | 108 | |
| Total Liabilities | 208 | 194 | 203 | 197 | 239 | 373 | 458 |
| 44 | 49 | 54 | 47 | 55 | 71 | 99 | |
| CWIP | 9 | 7 | 0 | 0 | 0 | 0 | 2 |
| Investments | 0 | 0 | 0 | 3 | 6 | 5 | 4 |
| 155 | 138 | 150 | 147 | 178 | 296 | 352 | |
| Total Assets | 208 | 194 | 203 | 197 | 239 | 373 | 458 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| 7 | 8 | 27 | 23 | 12 | -36 | 2 | |
| -15 | -7 | -0 | 2 | -13 | -19 | -35 | |
| -4 | -1 | -19 | -19 | 1 | 92 | -2 | |
| Net Cash Flow | -12 | -0 | 8 | 6 | 0 | 36 | -36 |
| Free Cash Flow | 4 | 0 | 26 | 25 | -0 | -58 | -36 |
| CFO/OP | 52% | 39% | 154% | 104% | 53% | -66% | 24% |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Debtor Days | 58 | 37 | 43 | 22 | 18 | 27 | 23 |
| Inventory Days | 256 | 191 | 235 | 211 | 295 | 582 | 1,118 |
| Days Payable | 207 | 100 | 109 | 53 | 109 | 172 | 267 |
| Cash Conversion Cycle | 107 | 128 | 169 | 180 | 204 | 437 | 874 |
| Working Capital Days | 46 | 60 | 74 | 58 | 40 | 77 | 82 |
| ROCE % | 10% | 12% | 20% | 22% | 18% | 22% |
Insights
In beta| Dec 2019 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2025 | |
|---|---|---|---|---|---|---|
| Order Book INR Cr |
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| Ready Mix Concrete Capacity Utilization % ・Standalone data |
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| RMC Installed Capacity Lakh Cubic Meter/Annum ・Standalone data |
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| RMC Production Volume Cubic Meter ・Standalone data |
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| Geographical Presence (States) Number |
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| RMC Capacity Utilization % ・Standalone data |
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| Total Employee Strength Number |
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| Total Ongoing Projects Number |
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| Active Toll Collection Projects Number |
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| Total Construction Machinery & Vehicles Number |
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Extracted by Screener AI
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order
18 Jun - B.R.Goyal Infrastructure won a Rs. 13.05 crore civil work order from LNJ Greenpet, to complete in 6 months.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
12 Jun - Management met NV Alpha and AV Fincorp on 12 June 2026 for investor interaction.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
11 Jun - Company held 1x1 investor/analyst meetings with Resurgence Capital, Trinetra Asset Managers, and OHM Broker on 11 June 2026.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
9 Jun - Company to meet investors/analysts on 12 June 2026 in physical 1x1 meetings.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
8 Jun - Management will meet investors/analysts on 11 June 2026 in physical 1x1 meetings.
Annual reports
Concalls
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Jun 2026Transcript PPT REC
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Nov 2025Transcript PPT
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Jul 2025TranscriptAI SummaryPPT
Business Services[1]
a) EPC Services: Design, engineering, procurement, and execution of infrastructure projects.
b) RMC Manufacturing: Production and supply of ready-mixed concrete with a plant capacity of 1.8 lakh cubic meters annually.
c) Toll Collection Contracts: Operating toll booths in Haryana and Uttar Pradesh.
d) Residential Projects: Development of residential plots under BRG Hill View Projects in Indore.
e) Wind Energy: Operating a 1.25 MW windmill in Jaisalmer, Rajasthan.