| Quarterly Financials | Jun 2018 | Sept 2018 | Dec 2018 | Mar 2019 | Jun 2019 | Sept 2019 | Dec 2019 | Mar 2020 | Jun 2020 | Sept 2020 | Dec 2020 | Mar 2021 | Jun 2021 | Sept 2021 | Dec 2021 | Mar 2022 | Jun 2022 | Sept 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sept 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sept 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sept 2025 | Dec 2025 |
Revenue  | 146 | 87 | 97 | 120 | 103 | 105 | 89 | 33 | 52 | 51 | 74 | 69 | 51 | 59 | 72 | 45 | 89 | 72 | 92 | 97 | 101 | 93 | 100 | 98 | 108 | 81 | 54 | 53 | 51 | 84 | 50 |
| Expenses | 51 | 60 | 54 | 71 | 38 | 37 | 21 | 20 | 16 | 26 | 11 | 111 | 44 | 44 | 23 | 160 | 24 | 23 | 167 | 109 | 47 | 98 | 49 | 49 | 53 | 68 | 54 | 42 | 18 | 64 | 8 |
| EBITDA | 95 | 28 | 43 | 49 | 65 | 68 | 68 | 13 | 36 | 25 | 64 | -42 | 7 | 15 | 49 | -115 | 65 | 49 | -75 | -13 | 54 | -5 | 51 | 49 | 54 | 13 | -0 | 11 | 33 | 19 | 42 |
| Operating Profit % | 63 % | 22 % | 35 % | 33 % | 57 % | 58 % | 73 % | 57 % | 54 % | 49 % | 83 % | -81 % | 1 % | 22 % | 67 % | -266 % | 65 % | 66 % | -72 % | -16 % | 53 % | -7 % | 50 % | 47 % | 48 % | 11 % | -14 % | 11 % | 61 % | -276 % | 82 % |
| Depreciation | 9 | 7 | 9 | 9 | 9 | 9 | 9 | 10 | 6 | 10 | 11 | 12 | 8 | 11 | 11 | 13 | 13 | 13 | 15 | 15 | 16 | 16 | 16 | 34 | 21 | 18 | 18 | 18 | 19 | 7 | 17 |
| Interest | 88 | 30 | 33 | 54 | 40 | 57 | 44 | 53 | 68 | 54 | 54 | -9 | 45 | 45 | 47 | 45 | 47 | 45 | 46 | 46 | 47 | 48 | 47 | 46 | 47 | 5 | 1 | 1 | 0 | 0 | 0 |
| Profit Before Tax | -1 | -10 | 1 | -14 | 16 | 2 | 15 | -50 | -38 | -39 | -2 | -45 | -47 | -42 | -9 | -173 | 6 | -9 | -136 | -74 | -9 | -68 | -12 | -32 | -13 | -10 | 165 | -8 | 14 | 12 | 25 |
| Tax | 3 | 3 | 9 | 4 | 6 | -1 | -1 | -9 | 14 | -10 | -6 | -4 | -7 | -8 | 4 | 130 | 5 | 0 | -9 | -5 | -2 | -2 | -2 | -2 | -2 | 0 | 1 | -1 | 0 | 0 | -0 |
| Net Profit | -4 | -13 | -9 | -18 | 10 | 3 | 16 | -42 | -51 | -30 | 3 | -41 | -40 | -34 | -13 | -303 | 0 | -9 | -128 | -69 | -7 | -66 | -10 | -30 | -11 | -10 | 164 | -7 | 13 | 12 | 25 |
| EPS in ₹ | -0.51 | -1.52 | -1.03 | -2.12 | 1.22 | 0.62 | 1.86 | -4.97 | -6.12 | -3.55 | -0.87 | -4.89 | -4.70 | -4.01 | -1.55 | -36.04 | 0.04 | -1.05 | -15.23 | -8.21 | -0.86 | -7.87 | -1.23 | -3.53 | -1.30 | -1.21 | 19.57 | -0.85 | 1.59 | 1.44 | 3.00 |
Bharat Road Network
Bharat Road Network
18.40
-0.02
(-0.11%)
Market Cap
154.47 Cr
PE Ratio
3.53
Volume
37,765.00
Day High - Low
18.83 - 18.11
52W High-Low
38.78 - 17.40
Key Fundamentals
Market Cap
154.47 Cr
EPS
16.22
PE Ratio
3.53
PB Ratio
0.37
Book Value
49.22
EBITDA
262.30
Dividend Yield
0.00 %
Industry
Construction Sector
Civil Construction Return on Equity
32.25
Debt to Equity
3.38
Actual
Company News
View All News
Bharat Road Network Q3FY26 Results Announced
Feb 14, 2026
Feb 14, 2026Bharat Road Network Limited reported Q3FY26 financial results with standalone revenue of Rs. 150.87 lakhs and consolidated revenue of Rs. 4,204.84 lakhs for the quarter ended December 31, 2025.
BRNL Board Meeting Set for February 13, 2026Feb 04, 2026
Feb 04, 2026Bharat Road Network Limited announces board meeting on February 13, 2026 to consider Q3FY26 unaudited financial results. Trading window closed from January 1, 2026 until 48 hours post-announcement.
Bharat Road Network Limited Reports Quarterly Results with Auditor Qualifications and Going Concern IssuesNov 12, 2025
Nov 12, 2025Bharat Road Network Limited announced its unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2025. The company's auditors issued qualified conclusions citing non-recognition of interest on Rs. 19,357.73 lakhs from July 01, 2024 onwards, resulting in profit before tax being overstated by Rs. 1,080.57 lakhs for the quarter and Rs. 2,118.34 lakhs for the half year. The auditors also highlighted material uncertainty regarding the company's ability to continue as a going concern due to defaults in debt repayment and significant losses. Additionally, subsidiary Guruvayoor Infrastructure Private Limited failed to recognize interest on Rs. 9,766.18 lakhs from October 01, 2024 onwards. The company faces ongoing legal challenges including search proceedings under the Prevention of Money Laundering Act at its subsidiary GIPL, and project terminations at associates Kurukshetra Expressway Private Limited and Mahakaleshwar Tollways Private Limited, both of which have filed claims with respective authorities.
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Peer Comparison Compare Peers on Screener
Competitors | LTP | Market Cap (₹ Cr.) | P/E Ratio | Revenue (₹ Cr.) | YoY Revenue Growth % | Net Profit (₹ Cr.) | YoY Profit Growth % | RSI |
|---|---|---|---|---|---|---|---|---|
3,949.80 | #1 5,43,326.93 | 29.23 | #1 2,59,859.30 | 15.35 | #1 17,687 | -3.76 | 41.23 | |
286.00 | 59,631.57 | 50.83 | 20,922.80 | -9.28 | 1,282 | 4.01 | 32.51 | |
40.78 | 24,627.04 | 31.80 | 8,031.50 | -2.08 | 6,481 | -96.50 | 45.87 | |
85.64 | 23,122.80 | 34.90 | 12,273.00 | 15.34 | 557 | 38.48 | 26.92 | |
1,133.90 | 19,363.90 | 23.62 | 22,378.30 | 13.65 | 567 | 6.81 | 47.50 | |
546.55 | 14,549.16 | 21.56 | 21,917.60 | 9.77 | 571 | -1.62 | 28.72 | |
146.95 | 13,820.88 | 20.57 | 11,131.00 | -13.52 | 728 | 15.91 | 47.57 | |
1,120.30 | 13,029.04 | 26.85 | 2,428.60 | #1 48.22 | 378 | 24.27 | 53.12 | |
204.87 | 11,514.56 | #1 14.84 | 3,247.80 | -7.21 | 472 | #1 219.41 | 51.54 | |
283.05 | 10,410.14 | 23.26 | 13,022.80 | -4.57 | 487 | -34.99 | 20.89 |
Automatic Screeners on ScanX
Growth Rate
Revenue Growth
22.73 %
Net Income Growth
-220.23 %
Cash Flow Change
-73.00 %
ROE
-181.52 %
ROCE
444.52 %
EBITDA Margin (Avg.)
43.36 %
Quarterly Financial Results
Balance Sheet
| Balance Sheet | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
| Total Assets | 838 | 1,231 | 2,569 | 2,965 | 3,324 | 3,143 | 2,846 | 2,706 | 2,734 | 1,435 |
| Fixed Assets | 2 | 25 | 893 | 869 | 1,690 | 1,661 | 1,629 | 1,536 | 1,453 | 578 |
| Current Assets | 40 | 64 | 406 | 480 | 712 | 649 | 553 | 572 | 568 | 501 |
| Capital Work in Progress | 304 | 420 | 542 | 797 | 100 | 132 | 158 | 242 | 347 | 1 |
| Investments | 0 | 449 | 562 | 523 | 486 | 426 | 206 | 119 | 120 | 116 |
| Other Assets | 532 | 337 | 573 | 777 | 1,048 | 924 | 853 | 810 | 814 | 740 |
| Total Equity & Liabilities | 838 | 1,231 | 2,569 | 2,965 | 3,324 | 3,143 | 2,846 | 2,706 | 2,734 | 1,435 |
| Current Liabilities | 23 | 76 | 417 | 487 | 613 | 532 | 632 | 718 | 1,171 | 629 |
| Non Current Liabilities | 880 | 682 | 977 | 1,360 | 1,600 | 1,619 | 1,613 | 1,589 | 1,278 | 384 |
| Total Equity | -65 | 473 | 1,175 | 1,118 | 1,111 | 991 | 602 | 400 | 286 | 422 |
| Reserve & Surplus | -75 | 386 | 979 | 928 | 917 | 802 | 425 | 219 | 106 | 247 |
| Share Capital | 10 | 55 | 84 | 84 | 84 | 84 | 84 | 84 | 84 | 84 |
Cash Flow
| Cash Flow | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
| Net Cash Flow | -24 | 14 | 11 | -7 | 17 | -5 | 20 | -15 | 91 | -57 | -59 |
| Investing Activities | 38 | -215 | -333 | -1,031 | -365 | -157 | 168 | 196 | 81 | -208 | -62 |
| Operating Activities | -32 | -35 | -9 | 143 | 296 | 238 | 51 | 22 | 259 | 264 | 71 |
| Financing Activities | -30 | 264 | 353 | 881 | 86 | -86 | -199 | -233 | -250 | -114 | -68 |
Share Holding
| % Holding | Mar 2021 | Jun 2021 | Sept 2021 | Dec 2021 | Mar 2022 | Jun 2022 | Sept 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sept 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sept 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sept 2025 | Dec 2025 |
| Promoter | 53.76 % | 53.76 % | 53.76 % | 53.76 % | 53.76 % | 53.76 % | 53.76 % | 53.76 % | 53.76 % | 53.76 % | 53.76 % | 53.76 % | 52.23 % | 52.10 % | 51.97 % | 51.97 % | 51.97 % | 51.97 % | 51.97 % | 51.97 % |
| FIIs | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.06 % | 0.00 % | 0.01 % | 0.00 % | 0.00 % | 0.01 % | 0.00 % | 0.00 % |
| DIIs | 0.79 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.28 % | 0.28 % | 0.28 % | 0.28 % | 0.28 % | 0.11 % | 0.11 % | 0.11 % | 0.11 % | 0.11 % | 0.11 % | 0.11 % | 0.11 % |
| Government | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % |
| Public / Retail | 6.50 % | 7.41 % | 8.17 % | 8.16 % | 8.30 % | 8.47 % | 8.51 % | 8.48 % | 8.43 % | 8.43 % | 8.52 % | 8.42 % | 11.42 % | 12.10 % | 12.34 % | 12.35 % | 12.97 % | 17.38 % | 19.68 % | 19.12 % |
| Others | 38.95 % | 38.83 % | 38.07 % | 38.09 % | 37.94 % | 37.77 % | 37.73 % | 37.48 % | 37.53 % | 37.53 % | 37.44 % | 37.54 % | 36.17 % | 35.69 % | 35.57 % | 35.58 % | 34.95 % | 30.52 % | 28.24 % | 28.80 % |
| No of Share Holders | 0 | 17,044 | 17,599 | 17,171 | 17,761 | 21,907 | 21,450 | 21,189 | 21,825 | 21,869 | 23,599 | 25,670 | 51,896 | 52,534 | 51,038 | 50,492 | 51,195 | 52,763 | 54,581 | 53,152 |
Dividend History
| Annual Cash Flows | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Per Share (₹) | 0.00 | 1 | 0.5 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Dividend Yield (%) | 0.00 | 1.09 | 1.51 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Announcements
Announcement under Regulation 30 (LODR)-Newspaper PublicationFeb 17, 2026
Feb 17, 2026Board Meeting Outcome for Outcome Of Board Meeting Dated 13.02.2026Feb 13, 2026
Feb 13, 2026Board Meeting Intimation for Consideration And Approval Of The Unaudited Financial Results Of The Company For The Quarter And Nine Months Ended 31St December 2025.Feb 04, 2026
Feb 04, 2026Closure of Trading WindowDec 31, 2025
Dec 31, 2025Disclosure under Regulation 30A of LODRDec 15, 2025
Dec 15, 2025Announcement under Regulation 30 (LODR)-Newspaper PublicationNov 18, 2025
Nov 18, 2025Announcement under Regulation 30 (LODR)-Newspaper PublicationNov 18, 2025
Nov 18, 2025Announcement under Regulation 30 (LODR)-Newspaper PublicationNov 14, 2025
Nov 14, 2025Outcome Of Board Meeting - Board Meeting Dated 11Th November 2025Nov 11, 2025
Nov 11, 2025Board Meeting Outcome for Outcome Of Board Meeting Dated 11.11.2025Nov 11, 2025
Nov 11, 2025Board Meeting Intimation for Consider And Approve The Unaudited Standalone And Consolidated Financial Results Of The Company For The Quarter And Half Year Ended 30Th September 2025.Nov 02, 2025
Nov 02, 2025Disclosure Under Regulation 30 Of The SEBI (Listing Obligation And Disclosure Requirements) Regulations 2015 - Update Regarding Guruvayoor Infrastructure Private Limited Subsidiary Of The Company - Revocation Of Suspension On Collection Of User Fees On PaOct 18, 2025
Oct 18, 2025Closure of Trading WindowSep 30, 2025
Sep 30, 2025Consolidated Scrutiniser Report For The 18Th E-Annual General Meeting Of Bharat Road Network LimitedSep 27, 2025
Sep 27, 2025Shareholder Meeting / Postal Ballot-Outcome of AGMSep 26, 2025
Sep 26, 2025Announcement under Regulation 30 (LODR)-Change in ManagementSep 17, 2025
Sep 17, 2025Announcement under Regulation 30 (LODR)-Resignation of Managing DirectorSep 17, 2025
Sep 17, 2025Announcement under Regulation 30 (LODR)-Newspaper PublicationSep 05, 2025
Sep 05, 2025Reg. 34 (1) Annual Report.Sep 04, 2025
Sep 04, 2025Announcement under Regulation 30 (LODR)-Newspaper PublicationAug 20, 2025
Aug 20, 2025Announcement under Regulation 30 (LODR)-Newspaper PublicationAug 14, 2025
Aug 14, 2025Announcement under Regulation 30 (LODR)-Change in ManagementAug 12, 2025
Aug 12, 2025Intimation Regarding The Date Of 18Th Annual General Meeting Of The CompanyAug 12, 2025
Aug 12, 2025Board Meeting Outcome for Outcome Of Board Meeting - Board Meeting Dated 12Th August 2025Aug 12, 2025
Aug 12, 2025Disclosure Under Regulation 30 Of The SEBI (Listing Obligation And Disclosure Requirements) Regulations 2015 - Update Regarding Guruvayoor Infrastructure Private LimitedAug 06, 2025
Aug 06, 2025Board Meeting Intimation for Consideration And Approval Of Unaudited Standalone And Consolidated Financial Results Of The Company For The Quarter
Ended On 30Th June 2025.Aug 05, 2025
Aug 05, 2025Announcement under Regulation 30 (LODR)-Newspaper PublicationJul 22, 2025
Jul 22, 2025Reminder Letters Sent To Shareholders-Unclaimed/Unpaid Dividend -Final Dividend 2017-18Jul 21, 2025
Jul 21, 2025Announcement under Regulation 30 (LODR)-CessationJul 20, 2025
Jul 20, 2025Disclosure Under Regulation 30 Of The SEBI (Listing Obligation And Disclosure Requirements) Regulations 2015 -Intimation Regarding Receipt Of Payment By Orissa Steel Expressway
Private Limited A Subsidiary Of The Company Pursuant To The Settlement AgreemJul 09, 2025
Jul 09, 2025Closure of Trading WindowJul 02, 2025
Jul 02, 2025Compliances-Reg.24(A)-Annual Secretarial ComplianceMay 29, 2025
May 29, 2025Announcement under Regulation 30 (LODR)-Newspaper PublicationMay 15, 2025
May 15, 2025Board Meeting Outcome for Outcome Of Board Meeting Dated 13Th May 2025May 13, 2025
May 13, 2025Announcement under Regulation 30 (LODR)-CessationMay 13, 2025
May 13, 2025Board Meeting Intimation for To Inter Alia Consider And Approve The Audited Standalone And Consolidated Financial Results Of The Company For The
Financial Year Ended On 31St March 2025.May 06, 2025
May 06, 2025Announcement under Regulation 30 (LODR)-Resignation of DirectorApr 11, 2025
Apr 11, 2025Announcement under Regulation 30 (LODR)-Resignation of DirectorApr 07, 2025
Apr 07, 2025Closure of Trading WindowApr 01, 2025
Apr 01, 2025Disclosures By Listed Entities Of Defaults On Payment Of Interest/ Repayment Of Principal Amount For Loans
Including Revolving Facilities Like Cash Credit From Banks / Financial InstitutionsApr 01, 2025
Apr 01, 2025Announcement under Regulation 30 (LODR)-Newspaper PublicationFeb 13, 2025
Feb 13, 2025Integrated Filing (Financial)Feb 12, 2025
Feb 12, 2025Announcement under Regulation 30 (LODR)-Change in ManagementFeb 11, 2025
Feb 11, 2025Unaudited Standalone And Consolidated Financial Results Of The Company For The Quarter And Nine Months Ended On 31St December 2024Feb 11, 2025
Feb 11, 2025Board Meeting Outcome for Outcome Of Board MeetingFeb 11, 2025
Feb 11, 2025Board Meeting Intimation for Consideration And Approval Of The Unaudited Financial Results Of The Company For The Quarter And Nine Months Ended 31St December 2024.Feb 05, 2025
Feb 05, 2025Update On Announcement Under Regulation 30 - Regularization Of Debt Account Of Guruvayoor Infrastructure Private Limited Subsidiary Of The CompanyJan 22, 2025
Jan 22, 2025Closure of Trading WindowJan 01, 2025
Jan 01, 2025Announcement under Regulation 30 (LODR)-Newspaper PublicationNov 14, 2024
Nov 14, 2024Outcome Of Board Meeting Dated 11Th November, 2024Nov 11, 2024
Nov 11, 2024Technical Indicators
RSI(14)
Neutral 29.91
ATR(14)
Volatile 0.99
STOCH(9,6)
Oversold 12.22
STOCH RSI(14)
Oversold 1.30
MACD(12,26)
Bearish -0.19
ADX(14)
Weak Trend 21.33
UO(9)
Bearish 37.32
ROC(12)
Downtrend And Accelerating -11.78
WillR(14)
Oversold -90.25
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