B.R.Goyal Infrastructure Limited , a prominent player in the Indian infrastructure sector, has reported a significant expansion in its order book, reaching ₹1,442.93 crore as of August 31. This growth has been fueled by a series of new work orders secured across various segments of the company's operations.

New Order Acquisitions

The company has successfully secured new work orders worth ₹434.30 crore from April to August. These orders span across multiple sectors, including:

• Roads
• Buildings
• Toll collection contracts
• Waste water treatment projects

This diverse range of projects demonstrates B.R.Goyal Infrastructure's versatility and strong market position across different infrastructure segments.

Project Execution and Revenue Growth

Alongside the expansion of its order book, B.R.Goyal Infrastructure has also reported a substantial increase in project execution. The company's execution rate grew by 28% year-on-year, reaching ₹266.00 crore during the April to August period, compared to ₹208.13 crore in the corresponding period of the previous year.

Order Book Composition

The company's unexecuted order book, which provides revenue visibility for the next 6-24 months, is well-diversified across different project types:

Geographical Presence and NHAI Contracts

B.R.Goyal Infrastructure has expanded its operations across multiple states, showcasing its ability to execute projects on a pan-India basis. Notably, the company is managing 12 toll collection contracts with the National Highways Authority of India (NHAI), underlining its strong relationship with this key government agency.

Corporate Governance and Future Outlook

The company recently held its 20th Annual General Meeting on September 15, where shareholders approved several important resolutions. These included the adoption of financial statements, appointment of directors, and approval for various financial measures such as borrowing limits and creation of charges on company assets.

B.R.Goyal Infrastructure is also actively engaging with the investment community. The company has scheduled analyst and investor meetings, including a virtual conference hosted by Arihant Capital Markets on September 25, and one-on-one meetings with various capital market entities on September 19.

The robust order book, improved project execution, and proactive investor engagement suggest that B.R.Goyal Infrastructure is well-positioned for sustained growth in the coming quarters, capitalizing on the ongoing infrastructure development across India.

B.R.Goyal Infrastructure , a prominent player in the infrastructure sector, has announced a significant development in its project portfolio. The company has secured a substantial work order valued at 1.26 billion rupees (₹125.85 crore) from the Public Works Region, Nashik, marking a notable achievement in its business operations.

Project Details

The newly acquired project involves the improvement and widening of the Adgaon Girnare Waghera Harsul Ozarkhed Road (SH 28) in Maharashtra. Specifically, the work will focus on two sections of the road:

1. Kilometer 27/700 to 36/00
2. Kilometer 48/00 to 83/200

This strategic infrastructure development is set to take place in the Trimbakeshwar Taluka of Nashik District, potentially enhancing connectivity and transportation in the region.

Contract Specifics

According to the company's disclosure to the BSE Limited, the key aspects of the contract are as follows:

Impact and Outlook

This new work order represents a significant addition to B.R. Goyal Infrastructure's project pipeline. The substantial value of the contract is likely to contribute positively to the company's order book and potentially its future revenue streams.

The project is domestic in nature, aligning with India's focus on enhancing its road infrastructure. The 18-month execution period suggests a medium-term engagement that could provide steady work and cash flow for the company during this period.

Regulatory Compliance

In compliance with regulatory requirements, B.R. Goyal Infrastructure Limited has promptly disclosed this information to the stock exchanges. The disclosure was made in accordance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The company has confirmed that this contract does not fall under related party transactions, and there is no interest from the promoter, promoter group, or group companies in the awarding entity.