Bharat Road Network Limited

BSE: BRNL540700ISIN INE727S01012

Industrials
Civil Construction

Share price

₹13.90+0.32 (+2.36%)

as of 4 Nov 2026

Prices adjusted for splits and bonuses; cash dividends excluded. Volume shows actual shares traded.

52W high: ₹26.44
52W low: ₹13.10
Off 52W high: -47.43%
1M return: -13.88%
3M return: -21.65%
6M return: -37.39%
1Y return: -45.34%
20D avg volume: 7,774
50 DMA: ₹15.91
200 DMA: ₹18.49

Key ratios Consolidated

Market cap: ₹116.69 Cr
Current price: ₹13.90
52W high / low: ₹26.44 / ₹13.10
Face value: ₹10.00
P/E: -0.73
P/B: 0.29
EPS (TTM): ₹-19.07
Book value / share: ₹47.96
ROE: —
ROCE: -6.30%
Operating margin: —
Net margin: —
Debt / equity: 0.81
Net debt: ₹308.33 Cr
Interest cover: -2,955.50
Dividend yield: —
Dividend / share (TTM): —
Payout: —
Cash conversion cycle: -5.0 days

Financials

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24
Income statement
	47.40	48.90	42.05	17.10	46.25	47.26	47.75	76.21	103.06	—
	5.98	-48.48	8.02	66.55	4.79	5.98	190.48	4.61	4.65	—
	53.38	0.42	50.07	83.66	51.04	53.24	238.22	80.83	107.71	—
	140.72	110.55	25.13	71.37	37.27	61.13	73.40	90.68	120.77	—
	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—
	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—
	1.36	0.92	1.21	1.20	1.39	1.69	1.10	1.53	1.69	—
	0.00	0.02	0.00	0.00	0.00	1.18	1.32	5.17	46.47	—
	20.13	22.04	17.38	7.10	19.08	17.93	17.64	17.62	20.95	—
	119.23	87.58	6.53	63.07	16.79	40.33	53.34	—	—	—
	-87.35	-110.13	24.94	12.29	13.77	-7.88	164.82	-9.85	-13.05	—
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	—
	-87.35	-110.13	24.94	12.29	13.77	-7.88	164.82	-9.85	-13.05	—
	0.08	0.06	-0.27	0.12	0.42	-0.76	0.53	0.23	2.10	—
	-87.27	-110.19	25.22	12.16	13.35	-7.12	164.29	-10.09	-10.95	—
	-10.40	-13.13	3.00	1.44	1.59	-0.85	—	-1.21	-1.30	—
Key metrics
	-67.22	-88.07	42.32	19.39	32.85	11.23	183.78	12.94	54.37	—
	-141.80%	-180.10%	100.60%	113.40%	71.00%	23.80%	384.90%	17.00%	52.80%	—
	-184.10%	-225.30%	60.00%	71.10%	28.90%	-15.10%	344.10%	-13.20%	-10.60%	—
	—	-11.80%	—	1.30%	—	-0.80%	—	—	—	—
	2.50%	3.50%	-11.90%	-77.60%	-55.10%	—	—	—	—	—
	-753.70%	-1,447.60%	-84.60%	220.50%	221.90%	—	—	—	—	—

Metric	TTM	FY26	FY25	FY24
Income statement
	155.45	154.30	274.29	—
	32.07	30.89	205.72	—
	187.53	185.19	480.01	—
	347.77	244.32	345.98	—
	0.00	0.00	0.00	—
	0.00	0.00	0.00	—
	4.69	4.72	6.01	—
	0.02	0.02	54.14	—
	66.65	65.61	74.14	—
	276.41	173.97	211.68	—
	-160.25	-59.13	134.03	—
	0.00	0.00	0.00	—
	-160.25	-59.13	134.03	—
	-0.01	0.33	-2.10	—
	-160.08	-59.46	136.13	—
	-19.09	-7.08	16.22	—
Key metrics
	-93.58	6.50	262.31	—
	-60.20%	4.20%	95.60%	—
	-102.98%	-38.50%	49.60%	—
	—	-6.30%	23.40%	—
	-28.52%	-43.70%	—	—
	-199.78%	-143.70%	—	—
	—	-132.90	19.24	—
	—	2.11	0.52	—
	—	0.81	1.03	—
	—	308.33	430.58	—
	—	-5.0	-3.2	—
Balance sheet
	—	1,436	1,435	—
	—	792.19	501.20	—
	—	125.98	3.73	—
	—	1.21	0.94	—
	—	0.00	0.00	—
	—	10.29	10.88	—
	—	1.60	0.95	—
	—	3.32	3.35	—
	—	500.25	628.99	—
	—	434.31	434.31	—
	—	263.58	263.58	—
	—	170.73	170.73	—
	—	534.39	422.10	—
Cash flow
	—	-125.68	71.40	—
	—	327.93	-40.27	—
	—	-80.00	-68.15	—
	—	7.22	52.16	—

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24
Income statement
	1.83	1.51	1.51	1.51	1.51	1.51	1.51	1.45	1.45	—
	0.11	0.71	1.32	1.92	2.01	2.02	1.99	1.97	1.93	—
	1.93	2.22	2.83	3.42	3.52	3.53	3.50	3.42	3.38	—
	154.53	2.37	1.97	2.00	1.88	5.81	255.81	2.49	11.60	—
	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—
	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—
	0.65	0.18	0.45	0.49	0.74	0.48	0.54	0.58	0.65	—
	0.00	0.02	0.00	0.00	0.00	0.00	—	—	9.48	—
	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	—
	153.87	2.15	1.51	1.51	1.13	5.32	24.09	—	1.46	—
	-152.59	-0.16	0.86	1.42	1.64	-2.28	-252.31	0.92	-8.23	—
	0.00	0.00	0.00	0.00	0.00	0.00	—	-48.35	—	—
	-152.59	-0.16	0.86	1.42	1.64	-2.28	-252.31	-47.43	-8.23	—
	0.08	0.06	0.27	0.12	0.42	-0.76	0.53	0.23	2.10	—
	-152.51	-0.22	1.13	1.30	1.22	-1.52	-252.84	-47.66	-6.12	—
	-18.17	-0.03	0.13	0.15	0.15	-0.18	-30.12	-5.68	-0.73	—
Key metrics
	-152.58	-0.13	0.87	1.43	1.65	-2.27	-252.30	-47.42	1.26	—
	-8,337.70%	-8.60%	57.60%	94.70%	109.30%	-150.30%	-16,708.60%	-3,270.30%	86.90%	—
	-8,333.90%	-14.60%	74.80%	86.10%	80.80%	-100.70%	-16,744.40%	-3,286.90%	-422.10%	—
	—	0.00%	—	0.30%	—	-0.60%	—	—	—	—
	21.20%	0.00%	0.00%	4.10%	4.10%	—	—	—	—	—
	-12,600.80%	85.50%	100.40%	102.70%	119.90%	—	—	—	—	—

Metric	TTM	FY26	FY25	FY24
Income statement
	6.36	6.04	5.91	—
	4.06	5.96	7.91	—
	10.40	11.99	13.82	—
	160.87	8.23	324.07	—
	0.00	0.00	0.00	—
	0.00	0.00	0.00	—
	1.77	1.85	2.25	—
	0.02	0.02	9.48	—
	0.04	0.05	0.06	—
	159.04	6.30	312.28	—
	-150.47	3.77	-310.25	—
	0.00	0.00	0.00	—
	-150.47	3.77	-310.25	—
	0.53	0.33	2.10	—
	-150.30	3.44	-308.15	—
	-17.92	0.41	-36.71	—
Key metrics
	-150.41	3.84	-300.71	—
	-2,364.94%	63.60%	-5,088.20%	—
	-2,363.21%	57.00%	-5,214.00%	—
	—	0.90%	-72.90%	—
	6.35%	2.20%	—	—
	—	101.10%	—	—
	—	-16.66	-3.56	—
	—	-4.84	0.01	—
	—	0.63	0.64	—
	—	261.91	263.06	—
	—	-24.1	27.2	—
Balance sheet
	—	732.91	809.76	—
	—	293.59	366.32	—
	—	1.67	0.52	—
	—	2.92	3.79	—
	—	0.00	0.00	—
	—	1.89	1.92	—
	—	0.15	0.20	—
	—	3.32	3.35	—
	—	316.75	397.11	—
	—	263.58	263.58	—
	—	263.58	263.58	—
	—	0.00	0.00	—
	—	415.93	412.48	—
Cash flow
	—	-16.66	-3.56	—
	—	97.82	3.23	—
	—	-80.00	0.00	—
	—	0.00	0.00	—

Compounded growth

Standalone

Sales CAGR 3Y: —
Sales CAGR 5Y: —
Profit CAGR 3Y: —
Profit CAGR 5Y: —
Sales YoY (TTM): +6.35%
Profit YoY (TTM): +50.03%

Consolidated

Sales CAGR 3Y: —
Sales CAGR 5Y: —
Profit CAGR 3Y: —
Profit CAGR 5Y: —
Sales YoY (TTM): -28.52%
Profit YoY (TTM): -199.78%

Compounded from reported annual figures. We publish no share-price CAGR: our prices are as-traded, so one would be wrong across every split and bonus issue.

Shareholding as of 30 Sep 2026

Promoter holding: 51.73%

Quarter	September 2026	June 2026
Promoter %	51.73%	51.73%

Holder	Type	Holding	Previous	Change
SREI VENTURE CAPITAL TRUST	Promoter Group	31.92%	31.92%	0.00%
SREI INFRASTRUCTURE FINANCE LIMITED	Promoter	19.81%	19.81%	0.00%
PREDICATE CONSULTANT PRIVATE LIMITED	Public	11.34%	11.34%	0.00%
BRISTI REAL-TECH PRIVATE LIMITED	Public	7.02%	7.02%	0.00%
GMR BUSINESS AND CONSULTANCY LLP	Public	4.77%	4.77%	0.00%
ANILRAJ PROMOTERS & FINCON PRIVATE LIMITED	Public	2.09%	2.09%	0.00%
JHILIK PROMOTERS AND FINCON PRIVATE LIMITED	Public	1.35%	1.35%	0.00%
OSPL INFRADEAL PRIVATE LIMITED	Promoter Group	0.00%	0.00%	0.00%
MANUFACTURING VALUE ADDITION FUND A/C MAKE IN INDIA FUND	Promoter	0.00%	0.00%	0.00%

Public shareholders are disclosed individually only above 1%.

Peer comparison

Company	Mkt cap (₹ Cr)	Price (₹)	P/E	ROCE	Sales YoY	Profit YoY	1Y return
Larsen & Toubro Limited	5,41,567	3,936.05	25.92	13.20%	+11.15% TTM	+9.38% TTM	+0.38%
Rail Vikas Nigam Limited	39,866	191.20	44.50	10.30%	+5.40% TTM	-24.84% TTM	-41.30%
Cemindia Projects Limited	24,136	1,308.75	40.12	40.00%	+10.02% TTM	+46.60% TTM	+51.63%
KALPATARU PROJECTS INTERNATIONAL LIMITED	23,312	1,365.10	20.66	20.50%	+14.56% TTM	+61.94% TTM	+3.93%
NBCC (India) Limited	21,006	77.80	27.44	29.70%	+3.51% TTM	+30.78% TTM	-31.72%
IRB Infrastructure Developers Limited	20,303	16.81	21.28	6.00%	-2.20% TTM	-85.42% TTM	-24.80%
Engineers India Ltd.	16,901	300.70	18.83	26.60%	+6.00% TTM	+66.97% TTM	+52.21%
Techno Electric & Engineering Company Limited	10,302	885.80	23.90	12.80%	+38.72% TTM	-6.49% TTM	-32.09%
IRCON International Ltd	9,717	103.32	20.09	7.30%	-2.58% TTM	-19.18% TTM	-38.54%
RITES Limited	9,470	197.05	20.53	18.30%	+10.59% TTM	-0.32% TTM	-20.93%
Welspun Enterprises Limited	9,395	678.75	27.00	14.60%	+0.63% TTM	+0.78% TTM	+20.42%
KEC International Ltd.	8,554	321.35	20.24	20.30%	-1.94% TTM	-38.14% TTM	-60.26%
Afcons Infrastructure Limited	7,768	211.20	54.08	11.60%	-11.87% TTM	-73.03% TTM	-52.52%
NCC Limited	7,616	121.30	10.18	17.50%	-1.81% TTM	-12.01% TTM	-41.04%
G R Infraprojects Limited	7,422	767.10	7.31	12.50%	+25.06% TTM	-7.95% TTM	-33.27%
Power Mech Projects Limited	7,111	2,249.10	16.91	21.20%	+15.79% TTM	+14.76% TTM	-8.84%
Ceigall India Limited	6,957	399.35	21.65	17.60%	+20.31% TTM	+23.56% TTM	+60.28%
ISGEC Heavy Engineering Limited	6,942	944.10	27.43	10.50%	+21.43% TTM	+17.19% TTM	+7.10%
Dilip Buildcon Limited	6,485	399.20	5.17	22.20%	-18.82% TTM	+29.15% TTM	-21.95%
Hindustan Construction Co. Ltd.	4,904	18.72	29.56	17.20%	-20.64% TTM	+0.03% TTM	—
LCC PROJECTS LIMITED	3,925	135.50	13.85 FY26	—	+23.37% FY26	+28.09% FY26	—
Ahluwalia Contracts (India) Ltd	3,555	530.75	15.80	15.80%	+12.00% TTM	+1.04% TTM	-42.18%
STERLING AND WILSON RENEWABLE ENERGY LIMITED	3,509	150.25	16.46	-9.60%	-9.04% TTM	+158.14% TTM	-36.00%
PNC Infratech Limited	3,293	128.35	5.22	13.50%	+1.82% TTM	-21.49% TTM	-54.49%
Vindhya Telelinks Ltd.	3,242	2,735.95	13.67	4.00%	-17.53% TTM	+2.25% TTM	+99.79%
Bharat Road Network Limited	117	13.90	-0.73	-6.30%	-28.52% TTM	-199.78% TTM	-45.34%

Some figures use IPO-document inputs. Growth periods are shown per value; FY means annual.

Filings & corporate actions

Recent announcements

Bharat Road Network Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 14/11/2026 ,inter alia, to consider and approve unaudited Standalone and ....4 Nov 2026 · Board Meeting / Board Meeting
Resignation of Ms. Ankita Rathi as the Company Secretary and Compliance Officer29 Oct 2026 · Company Update / Resignation of Company Secretary / Compliance Officer
Please find the Annual Report of Bharat Rod Network Limited for the Financial Year ended 31st March, 20266 Oct 2026 · Others / Reg. 34 (1) Annual Report
Consolidated Scrutiniser Report on the 19th Annual general Meeting of Bharat Road Network Limited2 Oct 2026 · AGM/EGM / AGM
Refer attached letter1 Oct 2026 · AGM/EGM / AGM
please refer attached letter29 Sep 2026 · Insider Trading / SAST / Closure of Trading Window
Newspaper Notification regarding completion of despatch of AGM Notice and Annual Report for the Financial Year ended 31st March, 20267 Sep 2026 · Company Update / Newspaper Publication
Please refer attached letter5 Sep 2026 · AGM/EGM / AGM
Submission of Newspaper Advertisement pursuant to Regulation 30 and 47 of SEBI Listing Regulations, 2015 - before despatch of AGM Notice and Annual Report26 Aug 2026 · Company Update / Newspaper Publication
Refer attached letter18 Aug 2026 · Company Update / Newspaper Publication
Please refer attached letter14 Aug 2026 · Board Meeting / Outcome of Board Meeting
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 ....9 Aug 2026 · Board Meeting / Board Meeting
Resignation of Mr. Bajrang Kumar Choudhary as a Non Executive Director6 Aug 2026 · Company Update / Resignation of Director
Resignation of Mr. Amitabh Kumar Jha as the Managing Director of the Company1 Aug 2026 · Company Update / Resignation of Managing Director
Please refer to the attached letter15 Jul 2026 · Company Update / General
Please find attached the letter1 Jul 2026 · Insider Trading / SAST / Closure of Trading Window
Refer attached letter1 Jun 2026 · Company Update / Newspaper Publication
Refer attachment30 May 2026 · Result / Financial Results
Annual Secretarial Compliance Report for the Financial Year ended 31st March, 202630 May 2026 · Company Update / Reg.24(A)-Annual Secretarial Compliance
Refer attached letter30 May 2026 · Board Meeting / Outcome of Board Meeting
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 ....23 May 2026 · Board Meeting / Board Meeting
Refer Attached letter19 May 2026 · Company Update / General
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 ....30 Apr 2026 · Others / Outcome without intimation
Sad and untimely demise of Prof Santanu Ray (DIN: 00642736), Chairman of the Board and Independent Director18 Apr 2026 · Company Update / Demise
refer attached letter1 Apr 2026 · Insider Trading / SAST / Closure of Trading Window
Newspaper Publication for unaudited financial results for quarter and nine months ended 31st December, 202517 Feb 2026 · Company Update / Newspaper Publication
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 ....13 Feb 2026 · Board Meeting / Outcome of Board Meeting
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 ....4 Feb 2026 · Board Meeting / Board Meeting
Refer attached letter31 Dec 2025 · Insider Trading / SAST / Closure of Trading Window
Refer attached letter15 Dec 2025 · Others
Refer attached letter18 Nov 2025 · Company Update / Newspaper Publication
Refer attached letter18 Nov 2025 · Company Update / Newspaper Publication
Newspaper publication for unaudited financial results for quarter and half year ended 30th September, 202514 Nov 2025 · Company Update / Newspaper Publication
Results for quarter and half year ended 30th September, 202511 Nov 2025 · Result / Financial Results
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 ....11 Nov 2025 · Board Meeting / Outcome of Board Meeting
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 ....2 Nov 2025 · Board Meeting / Board Meeting
Please refer attached letter18 Oct 2025 · Company Update / General
Intimation regarding closure of Trading window30 Sep 2025 · Insider Trading / SAST / Closure of Trading Window
Refer attached file.27 Sep 2025 · AGM/EGM / AGM
Gist of the proceedings of the 18th Annual General Meeting of Bharat Road Network Limited held on 26th September, 202526 Sep 2025 · AGM/EGM / AGM

Board meetings

14 Aug 2026 Board Meeting - Financial Results