Infra BR Goyal Infrastructure Limited Stock Jumps 3% After Securing ₹11 Cr National Highway Order
Stock Price Surge Following New Contract
Shares of BR Goyal Infrastructure Limited surged 3% intraday after securing a significant contract worth ₹11 crore from NHIT Eastern Projects Private Limited. The order pertains to improvement work on National Highway 44 (NH-44) in Madhya Pradesh. The micro-cap infrastructure company, which operates across multiple sectors, including civil construction, ready-mix concrete manufacturing, toll collection, wind power generation, and residential development, saw its stock rise to ₹114.95 before settling at ₹114 per share.
Details of the Project
The latest contract involves executing enhancement works on NH-44’s Lakhnadon-Khawasa section in Madhya Pradesh under an item rate mode. The ₹10.90 crore project is expected to be completed within six months. This strategic win strengthens the company’s position in the infrastructure sector and highlights its commitment to delivering high-quality road projects across India.
Diversified Business Operations
B.R. Goyal Infrastructure Limited is actively engaged in various segments, making it a key player in India’s infrastructure space. Some of its major operations include:
- EPC Services: Undertaking infrastructure development projects across India.
- Ready-Mix Concrete (RMC): Manufacturing and supplying RMC for construction projects.
- Toll Collection Contracts: Managing toll plazas in Haryana and Uttar Pradesh.
- Residential Projects: Developing plotted schemes in Indore, Madhya Pradesh.
- Wind Power Generation: Operating a 1.25 MW windmill in Jaisalmer, Rajasthan to support renewable energy initiatives.
Stock Market Performance and Financial Ratios
B.R. Goyal Infrastructure Limited has been performing well financially, showcasing strong revenue and profit growth. Below are some key financial ratios and stock performance metrics:
| Metric | Value |
|---|---|
| Market Cap | ₹266 Cr. |
| Current Price | ₹112 |
| 52-Week High / Low | ₹153 / ₹95 |
| Stock P/E | 12.5 |
| Book Value | ₹ (TBD) |
| Dividend Yield | 0.00% |
| ROCE (Return on Capital Employed) | 21.6% |
| ROE (Return on Equity) | 18.6% |
| Face Value | ₹10.0 |
| Promoter Holding | 73.0% |
| Debt to Equity Ratio | 0.53 |
| Industry P/E | 20.5 |
| EPS (Earnings Per Share) | ₹25.2 |
| DMA 200 (200-Day Moving Average) | ₹132 |
| Free Cash Flow (3Yrs) | ₹43.1 Cr. |
| Free Cash Flow (5Yrs) | ₹45.7 Cr. |
| Debt | ₹70.3 Cr. |
| Return on Assets | 9.86% |
| Pledged Percentage | 0.00% |
| PEG Ratio | 0.56 |
| RSI (Relative Strength Index) | 47.2 |
Recent IPO and Expansion Plans
B.R. Goyal Infrastructure Limited recently went public with an Initial Public Offering (IPO) between January 10-12, 2025, raising ₹30 crores by issuing 30 lakh equity shares at ₹100 per share. The raised capital will be used for:
- Ongoing civil construction projects.
- Expanding ready-mix concrete production.
- Meeting working capital requirements.
With a 10.24% increase in revenue (from ₹205 crore in H1 FY25 to ₹226 crore in H1 FY24) and a 50% jump in net profit (₹6 crore in H1 FY25 from ₹4 crore in H1 FY24), the company is on a strong growth trajectory.
Key Takeaways
- B.R. Goyal Infrastructure Ltd. secured an ₹11 crore contract for NH-44 road improvement.
- The company’s stock price surged by 3%, reaching an intraday high of ₹114.95.
- It operates in EPC projects, RMC manufacturing, toll management, and wind power.
- The company launched an IPO in January 2025, raising ₹30 crore.
- Revenue and net profit have shown impressive growth in recent quarters.
Frequently Asked Questions (FAQs)
1. Why did B.R. Goyal Infrastructure’s stock price jump today?
The stock surged after the company secured an ₹11 crore order for highway improvement work on NH-44.
2. What is the project awarded to B.R. Goyal Infrastructure?
The company received an order for improvement work on the Lakhnadon-Khawasa section of NH-44 in Madhya Pradesh, valued at ₹10.90 crore and expected to be completed in six months.
3. What sectors does B.R. Goyal Infrastructure operate in?
The company is involved in civil construction (EPC projects), ready-mix concrete (RMC) production, toll collection, residential projects, and wind power generation.
4. How has B.R. Goyal Infrastructure performed financially?
The company’s revenue increased by 10.24%, and its net profit grew by 50% year-over-year, showcasing strong financial health.
5. What was the IPO price of B.R. Goyal Infrastructure?
The company’s IPO price was ₹100 per share, launched in January 2025, raising ₹30 crores.
6. What is the company’s current stock price and 52-week high/low?
The stock is currently trading at ₹112, with a 52-week high of ₹153 and a low of ₹95.
7. What is the debt-to-equity ratio of the company?
B.R. Goyal Infrastructure’s debt-to-equity ratio is 0.53, indicating a manageable debt level.
8. Is B.R. Goyal Infrastructure a good stock to invest in?
With strong financial performance, an increasing order book, and solid revenue growth, the company holds promise. However, investors should conduct their own due diligence before investing.
Final Thoughts
B.R. Goyal Infrastructure Limited continues to strengthen its foothold in India’s infrastructure sector with new project wins and strong financial growth. The ₹11 crore NH-44 contract adds to its expanding portfolio, making it a company to watch in the civil construction and infrastructure space. Investors and market watchers should keep an eye on its future contracts and financial performance for potential growth opportunities.
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Disclaimer: This blog post is for informational purposes only and should not be considered financial advice. Investors should conduct thorough research and consult with a qualified financial advisor before making any investment decisions.