On 6 Nov 2026, B.R.Goyal Infrastructure was priced at ₹193.50, or 8.1× trailing earnings, against an industry P/E of 16.4×. It earns ROCE of 19% and ROE of 18%, and sales and net profit grew 8.7% and 37% a year over 3 years. Its dividend yield is 0.1%, and debt is 0.28× equity. It is listed on an SME platform with a market cap of ₹461 Cr, ranked 83rd of 156 Engineering & Construction companies by market cap; the shares rose 48% over the past year.
- ₹195.60
- ₹203.65
- ₹192.50
- ₹195.50
- 35K
Health check
- ReturnsAhead
+47.7% over a year, better than 5 of 7 peers.
- Price tagCheaper
P/E 8.1 vs industry 16.4.
- GrowthSteady
Sales +8.7%, profit +37.3% a year over 3 years.
- ProfitabilityAverage
ROCE 19.2% vs peer median 19.9%.
- Balance sheetSolid
Debt 0.28× equity, interest covered 9.4×, Piotroski 6 of 9.
- Red flagsNone found
No warning signs in the headline numbers.
Small cap
Market sensitivity
Key metrics
- Market cap
- ₹461 Cr
- Small cap
- P/E
- 8.1
- Industry 16.4
- Price to book
- 1.68
- Peers 4.92
- Dividend yield
- 0.13%
- ROE
- 17.9%
- Peers 17.9%
- ROCE
- 19.2%
- Peers 19.9%
- Debt to equity
- 0.28
- Debt ₹76 Cr
- EPS (TTM)
- ₹23.87
- OPM (TTM)
- 9.5%
- Net margin 5.5%
- Sales growth
- +61.0%
- Latest quarter vs a year ago
- Profit growth
- +61.5%
- Latest quarter vs a year ago
- Price to sales
- 0.56
- EV/EBITDA 6.6
Strengths and risks
Strengths
- Quarterly profit up 61.5% on a year ago.
- Quarterly sales up 61.0% on a year ago.
- P/E of 8.1 against an industry P/E of 16.4.
About B.R.Goyal Infrastructure
B.R.Goyal Infrastructure Limited, an infrastructure development company, engages in the execution of engineering, procurement and construction (EPC) projects in India. The company is involved in EPC contracts, such as roads and highways, bridges and building infra, and waste water infrastructure; residential/industrial plotting projects; constructs and operates toll collection; and undertakes the construction, widening, rehabilitation, and maintenance of…
- Headquarters
- Indore
- Employees
- 1,202
- Sector
- Industrials
- ISIN
- INE00ST01011
- Website
- brginfra.com
Price range
- Avg volume (3M)
- 37.1K
- 1-year return
- plus 47.7%
- From 52-week high
- minus 6.1%
Peers · Engineering & Construction
| Company | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| LTLarsen & Toubro | 4,117.70 | plus 1.67% | 5,66,549 | 31.7 | 19.6 | 14.6% | 9.6% | 1.05 | 16.1% | plus 3.2% |
| RVNLRail Vikas Nigam | 193.34 | minus 0.18% | 40,312 | 44.9 | 56.9 | 11.0% | 4.3% | 0.49 | 0.2% | minus 40.5% |
| CEMPROCemindia Projects | 1,323.30 | plus 2.79% | 24,405 | 36.4 | 24.2 | 37.1% | 10.4% | 0.35 | 25.5% | plus 49.2% |
| KPILKalpataru Projects International | 1,370.80 | minus 0.04% | 23,410 | 19.7 | 10.1 | 19.9% | 8.3% | 0.46 | 18.4% | plus 4.3% |
| NBCCNBCC (India) | 78.00 | minus 2.90% | 21,060 | 26.5 | 19.8 | 34.3% | 6.1% | 0.00 | 12.9% | minus 29.5% |
| ENGINERSINEngineers India | 292.70 | minus 1.94% | 16,451 | 18.3 | 21.5 | 28.1% | 21.2% | 0.00 | 5.7% | plus 51.1% |
| WABAGVA Tech Wabag | 1,988.20 | plus 6.57% | 12,434 | 29.4 | 20.8 | 16.3% | 10.9% | 0.09 | 9.9% | plus 33.2% |
| BRGILB.R.Goyal Infrastructure | 193.50 | minus 1.02% | 461 | 8.1 | 7.0 | 19.2% | 9.5% | 0.28 | 8.7% | plus 47.7% |
| Median of 7 peers | – | −0.04% | 23,410 | 29.4 | 20.8 | 19.9% | 9.6% | 0.35 | 12.9% | 4.3% |
Quarterly results
This company doesn’t report these figures in a format we can read yet.
Profit & loss
- Sales CAGR 3Y
- +8.7%
- Profit CAGR 3Y
- +37.3%
- ROE
- 17.9%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 333 | 427 | 364 | 428 | |
| – | +28.4% | minus 14.9% | +17.7% | |
| 309 | 395 | 324 | 352 | |
| 24.4 | 32.3 | 39.4 | 75.5 | |
| 7.3% | 7.6% | 10.8% | 17.7% | |
| 8.4 | 5.7 | 5.9 | 2.6 | |
| 5.9 | 5.4 | 6.2 | 7.5 | |
| 4.7 | 4.7 | 5.4 | 7.7 | |
| 0.1 | 0.8 | 0.2 | −0.2 | |
| 22.3 | 28.7 | 33.9 | 62.8 | |
| 22.1% | 23.6% | 25.5% | 28.4% | |
| 17.3 | 21.9 | 25.2 | 44.8 | |
| – | +26.3% | +15.1% | +78.0% | |
| 7.27 | 9.18 | 13.41 | – |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 8.7 | 8.7 | 23.8 | 23.8 | |
| 96.1 | 118 | 205 | 250 | |
| 41.6 | 49.5 | 69.9 | 76.4 | |
| 50.8 | 63.3 | 73.8 | 108 | |
| 197 | 239 | 373 | 458 | |
| 46.9 | 55.3 | 71.3 | 101 | |
| – | – | – | 2.1 | |
| 10.5 | 12 | 19.8 | 7.8 | |
| 140 | 172 | 282 | 347 | |
| 197 | 239 | 373 | 458 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 22.7 | 11.9 | −36.4 | 1.9 | |
| 1.6 | −13 | −18.7 | −35.2 | |
| −18.6 | 1.3 | 91.5 | −2.2 | |
| 5.7 | 0.3 | 36.4 | −35.5 | |
| −8.1 | −15.7 | −24 | −38.5 | |
| 14.6 | −3.7 | −60.4 | −36.6 |
Shareholding pattern
This company is listed only on BSE, so there’s no NSE category split. See Major shareholders below for the named holders. Institutions hold about 5.9% (Yahoo estimate).
Major shareholders
Filings & events
News
No recent news coverage found.