BR Goyal Infrastructure Ltd (544335) Stock Analysis: Valuation, Latest Results, Financial Ratios & DeciZen Rating

BSE: 544335 | NSE: | Engineering - Construction | Small Cap

BR Goyal Infrastruct Share Price

128.90 -1.90 -1.45%
as on 05-Dec'25 13:50

BR Goyal Infrastructure Ltd (544335) Stock Analysis: Valuation, Latest Results, Financial Ratios & DeciZen Rating

BSE: 544335 | NSE: | Engineering - Construction | Small Cap

DeciZen - make an informed investing decision on BR Goyal Infrastruct

Based on:

Overall Rating
Login to view analysis. M-Cap below 500cr. High Risk from low Liquidity Bole Toh

1. Quality


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2. Valuation


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3. Price Trend


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BR Goyal Infrastructure stock performance -

Key Ratios
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P/E Ratio (SA):
12.43
Market Cap:
311.6 Cr.
52-wk low:
95
52-wk high:
177

Is BR Goyal Infrastructure Ltd an attractive stock to invest in?


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10 Year X-Ray of BR Goyal Infrastruct: Login to view analysis.

Analysis of Financial Track Record

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

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

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
BR Goyal Infrastructure Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Value Creation Index Colour Code Guide

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
ROCE % 11.6%15.2%14.4%14.5%12.8%10.2%12.2%20.7%23.3%18%-
Value Creation
Index
-0.20.10.00.0-0.1-0.3-0.10.50.70.3-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 135136142173182200208345579502502
Sales YoY Gr.-0.8%4.5%22.1%5.3%9.6%4.2%65.7%67.6%-13.4%-
Adj EPS 1.63.34.24.54.53.93.99.312.310.510.5
YoY Gr.-107.6%27.9%7.2%0.9%-14.2%1.6%135.4%32.4%-14.5%-
BVPS (₹) 24.928.433.337.842.24650.359.672.19696
Adj Net
Profit
2.75.77.37.87.96.76.816.121.324.925
Cash Flow from Ops. 18.418.96.716.86.37.720.422.212.1-36.8-
Debt/CF from Ops. 3.33.58.63.29.18.42.61.84-1.9-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 15.7%22.4%34%-13.4%
Adj EPS 23.5%18.4%38.6%-14.5%
BVPS16.2%17.9%24.1%33.1%
Share Price - - - -

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
6.512.213.512.611.38.88.216.918.614.111
Op. Profit
Mgn %
10.314.911.811107.89.18.268.5NAN
Net Profit
Mgn %
24.25.14.54.33.43.34.73.755
Debt to
Equity
1.41.410.80.80.80.60.40.40.3-
Working Cap
Days
182196208196213216215126841360
Cash Conv.
Cycle
616073729489906135510

Recent Performance Summary

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Latest Financials - BR Goyal Infrastructure Ltd.

Standalone Consolidated
TTM EPS (₹) 10.5 10.6
TTM Sales (₹ Cr.) 502 510
BVPS (₹.) 96 96.1
Reserves (₹ Cr.) 205 205
P/BV 1.36 1.36
PE 12.43 12.38
From the Market
52 Week Low / High (₹) 95.00 / 177.00
All Time Low / High (₹) 95.00 / 177.00
Market Cap (₹ Cr.) 312
Equity (₹ Cr.) 23.8
Face Value (₹) 10
Industry PE 29.6

Management X-Ray of BR Goyal Infrastruct:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.00
* Pledged shares as % of Promoter's holding (%)

Valuation of BR Goyal Infrastruct - Standalone Basis

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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Event Update

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Analyst's Notes

data not found
No data found!

Key Ratios of BR Goyal Infrastruct

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Sales135136142173182200208345579502
Operating Expenses 121116125154164184189317544459
Manufacturing Costs47553226869991196295230
Material Costs55374052677678987362
Employee Cost 5889108791418
Other Costs 14164668111314163148
Operating Profit 14201719181519283443
Operating Profit Margin (%) 10.3%14.9%11.8%11.0%9.9%7.7%9.1%8.2%5.9%8.5%
Other Income 3374344675
Interest 7877657889
Depreciation 5676555555
Exceptional Items 0000000000
Profit Before Tax 49101010910212934
Tax 1332223579
Profit After Tax 3678877162225
PAT Margin (%) 2.2%4.5%5.1%4.5%4.3%3.3%3.6%4.7%3.8%5.0%
Adjusted EPS (₹)1.73.54.24.54.53.84.39.312.610.5
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25

Equity and Liabilities

Shareholders Fund 43495866738087104125229
Share Capital 11199999924
Reserves 4248575765717995117205
Minority Interest0000000000
Debt50564749525746363754
Long Term Debt22241618182319171524
Short Term Debt28323132343328202230
Trade Payables14151218252419142229
Others Liabilities 24312734283345415156
Total Liabilities 131151144167179194198195236368

Fixed Assets

Gross Block70858289908910398109128
Accumulated Depreciation26323742464549515356
Net Fixed Assets 44534547444454475571
CWIP 1411779130000
Investments 0000000255
Inventories21262736394050556098
Trade Receivables16172931353626222936
Cash Equivalents 410613131323282964
Others Assets 32332933394845415893
Total Assets 131151144167179194198195236368

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity 181971768202212-37
PBT 49101010910212934
Adjustment 1113131110911989
Changes in Working Capital 5-0-13-1-11-72-3-18-72
Tax Paid -2-2-3-3-3-2-2-5-6-8
Cash Flow From Investing Activity -11-125-5-3-7-13-13-19
Capex -11-133-5-4-8-12-12-21
Net Investments 000000-0-2-3-0
Others 1111111223
Cash Flow From Financing Activity -9-1-16-5-3-1-11-19191
Net Proceeds from Shares 00000000087
Net Proceeds from Borrowing 00000000-29
Interest Paid -7-7-7-7-6-5-7-7-6-7
Dividend Paid 0000000000
Others -26-9235-3-1393
Net Cash Flow -16-470-095036

Finance Ratio

PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)7.0613.1313.5112.5911.28.578.9316.9419.0914.16
ROCE (%)11.6415.2314.4114.4912.810.1612.1720.7123.2917.99
Asset Turnover Ratio1.070.960.961.111.051.071.061.762.691.66
PAT to CFO Conversion(x)63.1712.130.751.142.861.380.55-1.48
Working Capital Days
Receivable Days46455963666454251623
Inventory Days59646967757279563657
Payable Days901441231061171171016392151

BR Goyal Infrastructure Ltd Stock News

BR Goyal Infrastructure Ltd FAQs

The current trading price of BR Goyal Infrastruct on 05-Dec-2025 13:50 is ₹128.9.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 04-Dec-2025 the market cap of BR Goyal Infrastruct stood at ₹311.6.
The latest P/E ratio of BR Goyal Infrastruct as of 04-Dec-2025 is 12.43.
The latest P/B ratio of BR Goyal Infrastruct as of 04-Dec-2025 is 1.36.
The 52-week high of BR Goyal Infrastruct is ₹177.0 and the 52-week low is ₹95.00.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of BR Goyal Infrastruct is ₹501.6 ( Cr.) .

About BR Goyal Infrastructure Ltd

B.R. Goyal Infrastructure Limited was originally formed as Partnership Firm under the Indian Partnership Act, 1932 (Partnership Act) in the name and style of ‘M/s. Balkrishna Ramkaran Goyal pursuant’ to a Deed of Partnership dated August 4, 1986 entered amongst the original partners Bal Krishna Goyal, Gopal Goyal and Sarla Goyal for the purpose of carrying out the business of roads, building and drainage contractor ship having its principal place of business at Indore, Madhya Pradesh, India on the terms and conditions contained in the said partnership deed duly registered by the Registrar of Firms Further for re-constitution of the partnership, changes in the business to be carried out, changes in terms and conditions of the deed, the Partnership Deed was subsequently amended on April 1, 1992, March 31, 1996, April 1, 1998, November 1, 2004 respectively. The business of the Partnership Firm was taken over by the company pursuant to the conversion and ‘M/s. Balkrishna Ramkaran Goyal’ was thereafter converted from a Partnership firm to a Private Limited Company under Part IX of the Companies Act, 1956 in the name and Style of ‘B.R.Goyal Infrastructure Private Limited’ under the provisions of Companies Act, 1956 vide certificate of incorporation dated April 1, 2005 issued by Registrar of Companies, Madhya Pradesh and Chhattisgarh.

Subsequently, the company was converted into a Public Limited Company and the name of the company was changed from ‘B.R. Goyal Infrastructure Private Limited’ to ‘B.R.Goyal Infrastructure Limited’ vide fresh Certificate of Incorporation dated May 9, 2018 issued by the Registrar of Companies, Gwalior.

The company is engaged in the construction and development of infrastructure projects such as roads, highways, bridges and buildings since inception. The company carry out EPC services for third parties (majorly for government departments), primarily in the roads & highways, commercial complex, industrial parks, housing projects and HAM (Hybrid Annuity Mode) Projects. The company is also engaged in wind power generation, manufacturing of Ready-Mix Concrete (RMC) and Toll Collection Contract (TCC).

It executes road construction projects as EPC contractors and construction services providers. For the projects that it delivers on an EPC and construction services basis, the scope of its services typically includes design and engineering of the project, procurement of raw materials, project execution at site with overall project management up to the commissioning of these projects. In addition, it also undertakes repair and maintenance of projects in accordance with its contractual arrangements. Its employee resources and fleet of equipment, together with its engineering skills and capabilities, enable it to execute a range of construction projects involving varying degrees of complexity.

Its Promoters and Directors, has been connected with infrastructure and construction industry for decades. They along with its qualified management team of professionals focuses on timely completion of the projects undertaken by the company and acknowledges that projects are critical to the continued growth and success of the company. Under their leadership, the company has expanded its operation considerably over a period of time.

Business area of the company

The company is engaged in the business of Construction Activities and Wind Power Generation.

History and milestones

  • 2005-06: Incorporation of the company in the name and style of ‘B.R.Goyal Infrastructure Private Limited’. 
  • 2018-19: Converted into Public Limited Company vide fresh certificate of incorporation dated May 9, 2018 BRGIPL JV KTIL LLP- Subsidiary of the company. 
  • 2021-22: B. R Goyal Tollways LLP- Subsidiary of its Company BRGIL-LLP: Associate of the company. 
  • 2022-23: BR-DSR Lateri Shamshabad Private Limited- Subsidiary of the company.

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