Is Bharat Road Network Ltd (BRNL) a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Bharat Road Network Ltd is a below average quality company .

Is Bharat Road Network Ltd (BRNL) undervalued or overvalued?

The key valuation ratios of Bharat Road Network Ltd's currently when compared to its past seem to suggest it is in the Fair zone .

What is Bharat Road Network Ltd (BRNL) share price return in the past 10 years?

Data is not available for this company

Is Bharat Road Network Ltd (BRNL) a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Strong which suggest that the price of Bharat Road Network Ltd is likely to Rise in the short term. However, please check the rating on Quality and Valuation before investing

What is the share price of Bharat Road Network Ltd (BRNL)?

Company share prices are keep on changing according to the market conditions. The current trading price of Bharat Road Network Ltd (BRNL) on 17-Apr-2026 16:59:59 at 16:59 is 21.61.

What is the market cap of Bharat Road Network Ltd (BRNL)?

Market capitalization is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 17-Apr-2026 at 16:59, the market cap of Bharat Road Network stood at Rs. 181.42 Cr.

What is the P/E ratio of Bharat Road Network?

The latest standalone P/E ratio of Bharat Road Network as of 17-Apr-2026 is 84.81.

What is the P/B ratio of Bharat Road Network Ltd (BRNL)?

The latest standalone P/B ratio of Bharat Road Network Ltd (BRNL) as of 17-Apr-2026 is 0.44.

What is the 52-week high and low of Bharat Road Network Ltd (BRNL)?

The 52-week high of Bharat Road Network Ltd (BRNL) is Rs. 28.87 and the 52-week low is Rs. 16.60.

What is the TTM revenue of Bharat Road Network Ltd (BRNL)?

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Bharat Road Network is Rs. 6.04 (Cr.).

Bharat Road Network Ltd (BRNL) Share Analysis – Order Book, Quality & Valuation Zone & DeciZen Rating

Name: Bharat Road Network Ltd (BRNL)
Brand: Bharat Road Network

10 Year X-Ray :

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Value Creation ⓘ

Value Creation Index Colour Code Guide ⓘ

	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25	TTM
ROCE % ⓘ	1.9%	2.5%	5.1%	4.9%	0.4%	-1.1%	-24.1%	-6.1%	0.5%	-36.2%	-
Value Creation Index ⓘ	-0.9	-0.8	-0.6	-0.7	-1.0	-1.1	-2.7	-1.4	-1.0	-3.6	-
Growth Parameters ⓘ Growth Parameters Colour Code Guide ⓘ
Sales ⓘ	3.8	14.3	33.3	10.5	6.7	19.1	91.2	26.7	7.4	5.9	6
Sales YoY Gr.	-	271.9%	133.4%	-68.4%	-36.7%	186.4%	377.7%	-70.7%	-72.5%	-19.6%	-
Adj EPS ⓘ	0.3	0.4	2.6	-1.6	2.5	0.3	-9.5	-4	-2.5	-13.4	0.3
YoY Gr.	-	51.9%	522%	-163.1%	NA	-89.2%	-3625.9%	NA	NA	NA	-
BVPS (₹) ⓘ	9.7	104.8	139.3	140.4	140.1	136.4	98	88.5	85.8	49.1	49.6
Adj Net Profit ⓘ	0.3	2.3	21.4	-13.5	21	2.3	-79.9	-33.3	-21.2	-112	2
Cash Flow from Ops. ⓘ	-4.4	-19.1	-15.3	-24.9	-67.5	-102	50.2	-53.2	-1.3	-3.6	-
Debt/CF from Ops. ⓘ	-115.6	-7.8	-8.7	-4.8	-2.1	-3.2	6.2	-5.8	-197.3	-74	-

CAGR ⓘ

CAGR Colour Code Guide ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	4.9%	-2.4%	-59.8%	-19.6%
Adj EPS ⓘ	-254.3%	-239.9%	NA	NA
BVPSⓘ	19.7%	-18.9%	-20.6%	-42.8%
Share Price	-	-5.4%	-9.1%	-22%

Key Financial Parameters ⓘ

Performance Ratio Colour Code Guide ⓘ

	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25	TTM
Return on Equity % ⓘ	-1	0.8	2.5	-1.2	1.8	0.2	-8.1	-4.3	-2.9	-19.9	0.5
Op. Profit Mgn % ⓘ	6.6	62.7	55.4	3.8	-80.6	12.2	17.4	-5.3	-21.4	-492.7	-92.3
Net Profit Mgn % ⓘ	7.1	15.7	64.2	-128.3	314.1	11.9	-87.6	-124.5	-289.1	-1904.4	34.8
Debt to Equity ⓘ	52.7	0.3	0.1	0.1	0.1	0.3	0.4	0.4	0.4	0.6	-
Working Cap Days ⓘ	5,020	2,088	1,867	6,599	11,689	6,972	1,479	4,156	14,412	18,016	10,976
Cash Conv. Cycle ⓘ	599	239	208	810	511	140	15	2	5	37	-871

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 0.50%

Sales growth has been subdued in last 3 years -59.84%

Net Profit has been subdued in last 3 years 0.00%

Sales growth is not so good in last 4 quarters at 3.11%

	Standalone	Consolidated
TTM EPS (₹)	0.3	3.3
TTM Sales (₹ Cr.)	6	153
BVPS (₹) ⓘ	49.6	52.2
Reserves (₹ Cr.) ⓘ	332	354
P/BV ⓘ	0.44	0.41
PE ⓘ	84.81	6.56

From the Market
52 Week Low / High (₹)	16.60 / 28.87
All Time Low / High (₹)	16.60 / 218.65
Market Cap (₹ Cr.)	181
Equity (₹ Cr.)	84
Face Value (₹)	10
Industry PE ⓘ	30.8

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Sales	4	14	33	11	7	19	91	27	7	6
Operating Expenses ⓘ +	4	5	15	10	39	64	126	67	10	315
Manufacturing Costs	0	0	0	2	3	13	70	18	4	3
Material Costs	0	0	0	0	0	0	0	0	0	0
Employee Cost	3	4	7	5	4	3	3	4	3	2
Other Costs ⓘ	1	2	8	4	31	49	53	46	3	309
Operating Profit ⓘ	0	9	18	0	-32	-45	-35	-41	-3	-309
Operating Profit Margin (%)	6.6%	62.3%	55.4%	3.8%	-481.0%	-235.0%	-38.1%	-152.0%	-37.6%	-5,224.9%
Other Income ⓘ +	8	7	33	64	37	30	17	2	7	8
Exceptional Items ⓘ	0	0	0	0	0	0	-295	-28	0	0
Interest ⓘ	8	13	11	44	2	22	27	31	34	9
Depreciation ⓘ	0	0	0	0	0	0	0	0	0	0
Profit Before Tax ⓘ	0	3	41	20	3	-37	-341	-97	-30	-310
Tax ⓘ	0	1	12	6	1	-6	-19	-17	-8	-2
Profit After Tax	0	2	29	14	2	-31	-322	-80	-22	-308
PAT Margin (%)	7.1%	15.4%	86.8%	135.7%	33.8%	-161.0%	-353.0%	-299.0%	-300.0%	-5,217.0%
Adjusted EPS (₹)	0.3	0.4	3.4	1.7	0.3	-3.7	-38.4	-9.6	-2.6	-36.7
Dividend Payout Ratio (%)	0%	0%	29%	29%	0%	0%	0%	0%	0%	0%

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Equity and Liabilities
Shareholders Fund +	10	573	1,170	1,179	1,176	1,145	823	743	721	412
Share Capital ⓘ	10	55	84	84	84	84	84	84	84	84
Reserves ⓘ	-0	518	1,086	1,095	1,092	1,061	739	659	637	329
Debt +	513	150	133	120	73	255	240	237	0	0
Long Term Debt	502	97	83	70	8	197	197	194	0	0
Short Term Debt	10	53	50	50	65	59	44	44	0	0
Minority Interest	0	0	0	0	0	0	0	0	0	0
Trade Payables	0	0	4	1	2	1	4	4	3	3
Others Liabilities ⓘ	4	4	88	48	214	107	170	124	341	348
Total Liabilities ⓘ	527	726	1,394	1,347	1,465	1,509	1,237	1,107	1,065	763
Fixed Assets
Net Fixed Assets ⓘ +	0	0	0	0	0	0	0	0	0	0
Gross Block	0	0	0	0	0	1	1	1	1	1
Accumulated Depreciation	0	0	0	0	0	0	0	0	0	0
CWIP ⓘ	0	0	0	0	0	0	0	0	0	0
Investments ⓘ	431	643	1,114	1,240	1,144	1,085	892	761	696	414
Inventories	0	0	0	0	0	0	0	0	0	0
Trade Receivables	8	12	43	10	11	8	6	4	4	4
Cash Equivalents	0	16	7	0	0	14	12	67	67	68
Others Assets ⓘ	88	56	230	97	309	401	327	275	298	278
Total Assets ⓘ	527	726	1,394	1,347	1,465	1,509	1,237	1,107	1,065	763

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Cash Flow From Operating Activity ⓘ +	-4	-19	-15	-25	-67	-102	50	-53	-1	-4
PBT ⓘ	0	3	41	20	3	-37	-341	-97	-30	-310
Adjustment ⓘ	-0	6	-22	-20	-6	51	305	68	30	309
Changes in Working Capital ⓘ	-4	-28	-30	-19	-63	-116	88	-24	-3	-2
Tax Paid ⓘ	-1	-1	-4	-7	-1	-1	-1	-0	2	-1
Cash Flow From Investing Activity ⓘ +	-77	-114	-530	76	51	-57	-9	87	45	3
Capex	-0	-0	-0	-0	-0	-0	-0	-0	-0	-0
Net Investments	-3	-164	-382	-85	100	-12	1	39	63	5
Others ⓘ	-74	50	-148	160	-48	-45	-10	48	-18	-2
Cash Flow From Financing Activity ⓘ +	81	148	533	-54	16	161	-42	-34	-44	0
Net Proceeds from Shares ⓘ	0	561	573	0	0	0	0	0	0	0
Net Proceeds from Borrowing ⓘ	408	-406	-14	-13	8	189	0	-3	0	0
Interest Paid ⓘ	-55	-50	-17	-36	-1	-22	-27	-31	0	0
Dividend Paid ⓘ	0	0	-4	-4	-4	0	0	0	0	0
Others ⓘ	-272	43	-4	-1	14	-6	-15	-0	-44	0
Net Cash Flow ⓘ	-1	16	-12	-4	-0	1	-1	0	0	-0

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Ratios
ROE (%)	0	0.76	3.32	1.22	0.19	-2.66	-32.74	-10.24	-3.02	-54.39
ROCE (%)	1.89	2.52	5.12	4.94	0.41	-1.09	-24.09	-6.08	0.45	-36.23
Asset Turnover Ratio	0.01	0.02	0.03	0.01	0	0.01	0.07	0.02	0.01	0.01
PAT to CFO Conversion(x)	N/A	-9.5	-0.52	-1.79	-33.5	N/A	N/A	N/A	N/A	N/A
Working Capital Days
Receivable Days	688	258	302	925	575	180	27	62	187	240
Inventory Days	0	0	0	0	0	0	0	0	0	0
Payable Days	0	0	0	0	0	0	0	0	0	0

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Bharat Road Network Ltd (BRNL) Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating

Bharat Road Network Share Price