Bharat Road Network Ltd

About [ edit ]

Bharat Road Network Ltd is presently engaged in the business of designing, building, operating, maintaining and carrying out all other activities pertaining to road projects.

  • Market Cap 240 Cr.
  • Current Price 28.5
  • High / Low 54.0 / 27.6
  • Stock P/E
  • Book Value 110
  • Dividend Yield 0.00 %
  • ROCE 7.15 %
  • ROE -2.21 %
  • Face Value 10.0

Pros

  • Stock is trading at 0.26 times its book value

Cons

  • Company has low interest coverage ratio.
  • Company has a low return on equity of -1.45% for last 3 years.
  • Contingent liabilities of Rs.72.33 Cr.
  • Promoter holding has decreased over last 3 years: -11.34%

Peer comparison

Sector: Construction Industry: Construction

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Jun 2018 Sep 2018 Dec 2018 Mar 2019 Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020
135.32 76.08 83.69 106.32 88.22 86.63 77.47 46.91 33.57 50.36 64.33
50.55 59.54 54.43 70.89 37.89 36.82 20.84 19.95 15.60 25.57 10.90
Operating Profit 84.77 16.54 29.26 35.43 50.33 49.81 56.63 26.96 17.97 24.79 53.43
OPM % 62.64% 21.74% 34.96% 33.32% 57.05% 57.50% 73.10% 57.47% 53.53% 49.23% 83.06%
Other Income 10.34 11.11 13.43 13.18 14.28 18.23 11.11 -14.36 17.93 0.14 10.06
Interest 87.59 30.36 33.29 53.59 39.51 57.11 43.62 53.20 67.50 54.37 54.17
Depreciation 8.83 7.32 8.87 8.68 8.80 8.59 9.17 9.79 6.12 9.95 11.39
Profit before tax -1.31 -10.03 0.53 -13.66 16.30 2.34 14.95 -50.39 -37.72 -39.39 -2.07
Tax % -228.24% -27.52% 571.70% 19.99% 15.89% 153.42% 17.93% 15.38% -5.70% 16.76% -252.66%
Net Profit -2.98 -10.40 -7.43 -17.44 8.01 5.21 13.81 -43.01 -50.02 -30.23 1.66
EPS in Rs -0.35 -1.24 -0.89 -2.08 0.95 0.62 1.65 -5.12 -5.96 -3.60 0.20

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 TTM
1 10 8 1 142 153 401 299 195
3 10 9 4 173 172 248 116 72
Operating Profit -2 -0 -1 -3 -32 -18 153 184 123
OPM % -312% -1% -11% -388% -22% -12% 38% 61% 63%
Other Income 2 0 33 4 1 98 48 34 14
Interest 17 51 41 50 31 44 205 193 229
Depreciation 0 0 0 0 0 0 34 36 37
Profit before tax -17 -51 -8 -50 -62 35 -37 -12 -130
Tax % 0% 0% 0% 0% -1% 33% -16% -9%
Net Profit -17 -61 -26 -93 -62 23 -38 -16 -122
EPS in Rs -16.88 -60.76 -26.42 -92.54 -11.40 2.78 -4.56 -1.90 -14.48
Dividend Payout % 0% 0% 0% 0% 0% 36% -11% 0%
Compounded Sales Growth
10 Years:%
5 Years:104%
3 Years:28%
TTM:-46%
Compounded Profit Growth
10 Years:%
5 Years:3%
3 Years:18%
TTM:-1368%
Stock Price CAGR
10 Years:%
5 Years:%
3 Years:-47%
1 Year:-26%
Return on Equity
10 Years:%
5 Years:%
3 Years:-1%
Last Year:-2%

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 Sep 2020
10 10 10 10 55 84 84 84 84
Reserves -11 0 -4 -77 386 979 928 917 837
Borrowings 298 462 567 885 559 1,041 1,372 1,556 1,659
31 43 56 18 231 465 581 767 826
Total Liabilities 328 516 629 837 1,231 2,569 2,965 3,324 3,406
0 2 2 2 25 893 869 1,689 1,789
CWIP 0 55 160 303 420 542 797 100 0
Investments 320 374 381 361 449 562 523 486 440
7 86 86 171 337 573 776 1,048 1,177
Total Assets 328 516 629 837 1,231 2,569 2,965 3,324 3,406

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
1 19 -32 -35 -9 143 296 238
-296 -46 38 -215 -333 -1,031 -365 -157
299 52 -30 264 353 881 86 -86
Net Cash Flow 4 25 -24 14 11 -7 17 -5

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020
ROCE % -0% 6% 0% -3% 5% 7% 7%
Debtor Days 242 100 85 1,124 12 247 90 144
Inventory Turnover

Shareholding Pattern

Numbers in percentages

Mar 2018 Jun 2018 Sep 2018 Dec 2018 Mar 2019 Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020
65.10 65.10 65.10 65.10 53.76 53.76 53.76 53.76 53.76 53.76 53.76 53.76
0.01 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
3.16 3.09 2.10 1.70 1.47 1.34 1.34 1.34 1.33 1.26 0.79 0.79
31.74 31.81 32.80 33.20 44.77 44.90 44.90 44.90 44.91 44.99 45.45 45.45

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