Bharat Road Network Ltd
Incorporated in 2006, Bharat Road Network Ltd is in the business of designing, building, operating, maintaining and carrying out all other activities pertaining to road projects, under the aforesaid SPV model[1]
- Market Cap ₹ 216 Cr.
- Current Price ₹ 25.8
- High / Low ₹ 69.0 / 25.1
- Stock P/E 1.84
- Book Value ₹ 19.9
- Dividend Yield 0.00 %
- ROCE 3.83 %
- ROE -46.1 %
- Face Value ₹ 10.0
Pros
- Company is expected to give good quarter
Cons
- Company has a low return on equity of -41.9% over last 3 years.
- Contingent liabilities of Rs.1,616 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
Sector: Infrastructure Developers & Operators Industry: Construction
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
1 | 10 | 8 | 1 | 142 | 153 | 401 | 299 | 210 | 216 | 326 | 380 | 504 | |
3 | 10 | 9 | 4 | 173 | 172 | 248 | 116 | 163 | 266 | 322 | 242 | 225 | |
Operating Profit | -2 | -0 | -1 | -3 | -32 | -18 | 153 | 184 | 46 | -50 | 4 | 138 | 279 |
OPM % | -312% | -1% | -11% | -388% | -22% | -12% | 38% | 61% | 22% | -23% | 1% | 36% | 55% |
2 | 0 | 33 | 4 | 1 | 98 | 48 | 34 | 35 | -133 | 14 | 11 | 21 | |
Interest | 17 | 51 | 41 | 50 | 31 | 44 | 205 | 193 | 167 | 182 | 184 | 188 | 99 |
Depreciation | -0 | -0 | 0 | 0 | 0 | 0 | 34 | 36 | 39 | 43 | 57 | 82 | 90 |
Profit before tax | -17 | -51 | -8 | -50 | -62 | 35 | -37 | -12 | -125 | -408 | -222 | -121 | 110 |
Tax % | -0% | -0% | -0% | -0% | 1% | 33% | 16% | 9% | -5% | -5% | -8% | -6% | |
-17 | -61 | -26 | -93 | -62 | 23 | -44 | -13 | -119 | -389 | -205 | -113 | 114 | |
EPS in Rs | -16.88 | -60.76 | -26.42 | -92.54 | -11.40 | 2.78 | -4.56 | -1.90 | -13.61 | -44.83 | -24.96 | -13.34 | 14.08 |
Dividend Payout % | -0% | -0% | -0% | -0% | -0% | 36% | -11% | -0% | -0% | -0% | -0% | -0% |
Compounded Sales Growth | |
---|---|
10 Years: | 44% |
5 Years: | -1% |
3 Years: | 22% |
TTM: | 32% |
Compounded Profit Growth | |
---|---|
10 Years: | -18% |
5 Years: | % |
3 Years: | 1% |
TTM: | 188% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | -9% |
3 Years: | -8% |
1 Year: | -53% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | -21% |
3 Years: | -42% |
Last Year: | -46% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 10 | 10 | 10 | 10 | 55 | 84 | 84 | 84 | 84 | 84 | 84 | 84 | 84 |
Reserves | 14 | 0 | -4 | -77 | 386 | 979 | 928 | 917 | 802 | 425 | 218 | 106 | 83 |
298 | 462 | 567 | 885 | 559 | 1,041 | 1,372 | 1,556 | 1,539 | 1,492 | 1,413 | 1,328 | 1,310 | |
6 | 43 | 56 | 18 | 231 | 465 | 581 | 767 | 717 | 845 | 991 | 1,216 | 1,240 | |
Total Liabilities | 328 | 516 | 629 | 837 | 1,231 | 2,569 | 2,965 | 3,324 | 3,143 | 2,846 | 2,706 | 2,734 | 2,716 |
0 | 2 | 2 | 2 | 25 | 893 | 869 | 1,689 | 1,661 | 1,629 | 1,536 | 1,453 | 1,821 | |
CWIP | -0 | 55 | 160 | 303 | 420 | 542 | 797 | 100 | 132 | 158 | 242 | 347 | -0 |
Investments | 320 | 374 | 381 | 361 | 449 | 562 | 523 | 486 | 426 | 206 | 119 | 120 | 119 |
7 | 86 | 86 | 171 | 337 | 573 | 776 | 1,048 | 924 | 853 | 810 | 814 | 776 | |
Total Assets | 328 | 516 | 629 | 837 | 1,231 | 2,569 | 2,965 | 3,324 | 3,143 | 2,846 | 2,706 | 2,734 | 2,716 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
1 | 19 | -32 | -35 | -9 | 143 | 296 | 238 | 51 | 22 | 259 | 364 | |
-296 | -46 | 38 | -215 | -333 | -1,031 | -365 | -157 | 168 | 196 | 81 | -208 | |
299 | 52 | -30 | 264 | 353 | 881 | 86 | -86 | -199 | -233 | -250 | -214 | |
Net Cash Flow | 4 | 25 | -24 | 14 | 11 | -7 | 17 | -5 | 20 | -15 | 90 | -57 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 242 | 100 | 85 | 1,124 | 12 | 247 | 90 | 144 | 236 | 233 | 66 | 0 |
Inventory Days | ||||||||||||
Days Payable | ||||||||||||
Cash Conversion Cycle | 242 | 100 | 85 | 1,124 | 12 | 247 | 90 | 144 | 236 | 233 | 66 | 0 |
Working Capital Days | -1,385 | -1,244 | -1,877 | 5,451 | 33 | -274 | -47 | 10 | 188 | 26 | -217 | -481 |
ROCE % | -0% | 6% | 0% | -3% | 5% | 7% | 7% | 1% | -4% | -2% | 4% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Resignation of Director
11 Apr - Resignation of Dr. Tuk Tuk Ghosh Kumar from the board.
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Announcement under Regulation 30 (LODR)-Resignation of Director
7 Apr - Resignation of Mr. Rakesh Kumar Gupta from the board.
- Closure of Trading Window 1 Apr
-
Disclosures By Listed Entities Of Defaults On Payment Of Interest/ Repayment Of Principal Amount For Loans
Including Revolving Facilities Like Cash Credit From Banks / Financial Institutions
1 Apr - Disclosure of default on loan payments of Rs. 193.57 Crores.
- Announcement under Regulation 30 (LODR)-Newspaper Publication 13 Feb
Annual reports
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Financial Year 2024
from bse
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Financial Year 2023
from bse
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Financial Year 2022
from bse
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Financial Year 2021
from bse
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Financial Year 2020
from bse
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Financial Year 2019
from bse
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Financial Year 2018
from bse
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Financial Year 2017
from bse
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Financial Year 2016
from bse
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Financial Year 2015
from bse
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Financial Year 2014
from bse
Concalls
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May 2018TranscriptPPT
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Feb 2018Transcript PPT
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Nov 2017TranscriptPPT
Business Overview:[1]
BRNL is an Indian road BOT company specializing in developing, implementing, operating, and maintaining highways and road projects. It functions as a developer and operator for such projects on a BOT basis in Kerala and Maharashtra, partnering with experienced local EPC players in the respective project locations.