B.R.Goyal Infrastructure has scheduled its 21st Annual General Meeting (AGM) for August 27, 2026, and recommended a final dividend of ₹0.25 per equity share for FY26. The Board of Directors approved the dividend at its meeting on May 30, 2026, subject to shareholder approval at the upcoming AGM. This recommendation signals a continued commitment to returning value to shareholders following the audited financial results for the fiscal year ended March 31, 2026.

The AGM will be conducted via Video Conferencing (VC) or Other Audio-Visual Means (OAVM), as permitted by the Ministry of Corporate Affairs and SEBI circulars. Shareholders whose names appear on the Register of Members or Register of Beneficial Owners as of the cut-off date, August 20, 2026, are eligible to vote and receive the dividend if approved. The dividend, amounting to 2.5% on the face value of ₹10 per share, will be paid within 30 days of the AGM via electronic credit to registered bank accounts.

E-Voting and Book Closure Timeline

Remote e-voting will commence on August 24, 2026, and conclude on August 26, 2026. The Register of Members and Share Transfer Books will remain closed from August 21 to August 27, 2026, to determine eligibility for voting and dividend entitlement. MUFG Intime India Private Limited serves as the e-voting agency, while CS Ankit Joshi has been appointed as the scrutinizer to ensure a fair and transparent voting process.

Shareholder Instructions and Compliance

The company has dispensed with the requirement for proxy forms in line with relevant circulars. Individual shareholders holding securities in demat mode can vote through their Depository Participant websites using single login credentials, as per SEBI circular no. SEBI/HO/CFD/CMD/CIR/P/2020/242. Non-individual shareholders facing technical issues may contact the INSTAVOTE helpdesk.

Dividend income is taxable in the hands of shareholders under the Income Tax Act, 2025, and the company will deduct tax at source (TDS) at prescribed rates. Shareholders are advised to validate and update their bank account details to ensure seamless direct credit of dividends. The disclosures are made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

What the Numbers Show

The proposed dividend yield of 2.5% reflects the company’s stable cash flow position post-FY26. By maintaining a consistent payout ratio, B.R.Goyal Infrastructure demonstrates confidence in its operational performance despite broader market volatility. The closure of transfer books ensures a static shareholder base for accurate dividend distribution, minimizing administrative discrepancies.

b.r.goyal infrastructure reported a significant expansion in profitability for the financial year ended March 31, 2026, with standalone net profit rising 78.35% to ₹4471.03 lakh from ₹2507.10 lakh in FY25. The growth was underpinned by a 60.91% surge in revenue from operations to ₹820.32 crore, up from ₹509.80 crore in the prior year. Consolidated net profit also climbed 77.76% to ₹4492.04 lakh, reflecting strong execution across its infrastructure and toll collection segments. The Board of Directors recommended a final dividend of ₹0.25 per equity share, subject to shareholder approval at the upcoming Annual General Meeting.

The company’s operational efficiency improved alongside top-line growth, with EBITDA (excluding other income) jumping 81.91% to ₹74.93 crore from ₹41.19 crore in FY25. This resulted in an EBITDA margin expansion of 105 basis points to 9.13%, up from 8.08%. Profit after tax margin also widened by 52 basis points to 5.48%. Earnings per share increased 78.35% to ₹23.81 from ₹13.35 in the previous fiscal year. These figures were disclosed in the annual report filed with BSE Limited on August 4, 2026, in compliance with Regulation 34 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The 21st Annual General Meeting is scheduled for August 27, 2026, to be held via Video Conferencing or Other Audio Visual Means. Shareholders will vote on the adoption of financial statements, the declaration of the final dividend, and the reappointment of directors retiring by rotation, including Managing Director Brij Kishore Goyal and Executive Director Yash Goyal. Remote e-voting will commence on August 24, 2026, and conclude on August 26, 2026. The record date for determining voting rights is August 20, 2026.

Financial Performance Snapshot

What the Numbers Show

The disproportionate growth in EBITDA relative to revenue indicates improved operating leverage during FY26. While revenue grew by approximately 61%, EBITDA expanded by nearly 82%, suggesting that fixed costs were spread over a larger revenue base or that variable cost controls tightened. This margin expansion is critical for an infrastructure player where project execution efficiency directly impacts bottom-line results. Additionally, the debt service coverage ratio improved significantly to 3.14 times from 1.01 times in FY25, driven by enhanced operating profitability and lower debt servicing obligations, strengthening the company’s financial flexibility.

The Board also highlighted a robust order book valued at ₹1235 crore as of March 31, 2026, comprising 32 ongoing projects across roads, buildings, utilities, and waste water infrastructure. This pipeline provides visibility for future revenue streams. However, the company noted an income tax search action conducted between January 16 and January 21, 2026, which has since concluded with the matter now under assessment. No orders or demands have been received as of the report date.