B.R.Goyal Infrastructure Limited has secured a work order from the National Highways Authority of India (NHAI) for user fee agency engagement at Kathpur Fee Plaza in Gujarat. The contract, valued at ₹118.02 crore, was awarded through an e-tender process and covers operations at km 472.000 of the Himmat Nagar-Chiloda section on NH-8. This engagement includes the upkeep and maintenance of adjacent toilet blocks, including the recouping of consumable items.

The project is located on the stretch from km 443.000 to km 495.000 of NH-8. The plaza will be handed over to the company following the completion of the existing contract period, which ends on 17 July 2026. The duration of the new order is set for one year.

The disclosure was submitted to the stock exchange pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company confirmed that the order has been awarded by a domestic entity and does not involve any related party transactions.

Key Details of the Work Order

The company stated that neither the promoter group nor group companies hold any interest in the entity awarding the order. The work order was formally received on 02 June 2026.

B.R.Goyal Infrastructure Limited reported a 77.76% year-on-year increase in net profit to ₹44.92 crore for the financial year ended March 31, 2026, compared to ₹25.27 crore in the previous year. Revenue from operations for the year stood at ₹820.32 crore, a significant rise of 60.91% from ₹509.80 crore in FY25. The board of directors, in its meeting held on May 30, 2026, approved the audited standalone and consolidated financial results and recommended a maiden dividend of 2.50%, subject to shareholder approval.

The statutory auditors, M/s A B M S & Associates, issued an unmodified opinion on the audited financial results for both standalone and consolidated statements. Earnings per share (basic) for the full year improved to ₹23.87 from ₹13.41 in the corresponding period last year. The company reported a healthy order book of ₹1,235 crore as of March 31, 2026, providing revenue visibility across Roads, Buildings, Waste Water Treatment and Toll Collection segments.

Operational Performance

For the half-year ended March 31, 2026, the company reported a net profit of ₹28.72 crore. EBITDA for H2 FY26 stood at ₹47.47 crore, up 61.30% YoY, with a margin of 9.93%. The company continued strengthening its business diversification strategy through expansion into waste water treatment and underground sewerage infrastructure, including its Tamil Nadu project under TNURDP.

Fund Raising and Corporate Approvals

The board approved raising funds aggregating up to ₹13,09,00,000 through the issue of up to 11,00,000 convertible warrants on a preferential and private placement basis. The warrants, priced at ₹119 each including a premium of ₹109, are convertible into equity shares within 18 months from the date of allotment. The allottees include nine non-promoter investors such as Henal Mayank Mamania and Mavira AMC LLP.

Additionally, the board recommended increasing the company's overall borrowing limits to ₹700 crore under Sections 180(1)(c) and 180(1)(a) of the Companies Act, 2013. These proposals will be sought via special resolutions at an Extra-Ordinary General Meeting scheduled for June 29, 2026.

Appointments and Acquisitions

Based on the Audit Committee's recommendation, the board appointed M/s Aman Jindal & Co. as the Internal Auditor and M/s Dhananjay V. Joshi & Associates as the Cost Auditor for the financial year 2026-2027. The company also approved the acquisition of a 10.00% stake in Virtuoso Infra Meditech LLP for ₹1,50,000 to participate in real estate and infrastructure business activities.