Receipt of Work Order from NHAI.
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B.R.Goyal Infrastructure Ltd has received a work order from the National Highways Authority of India (NHAI) to act as the user fee agency at Kathpur Fee Plaza on the Himmat Nagar-Chiloda section of NH-8 in Gujarat. The accepted order value is Rs. 118.02 crore, covering user fee collection and upkeep of adjacent toilet blocks. The contract is for a period of one year, with the plaza set to be handed over after the existing contract ends on July 17, 2026. The order has been awarded by a domestic entity, and it is not a related party transaction. No conflict of interest exists between promoters/group companies and NHAI.
This Rs. 118 crore government order strengthens B.R.Goyal's order book and adds predictable, low-counterparty-risk revenue for the next year, which is a positive signal for the company's revenue visibility. NHAI-backed contracts typically carry low default risk and may support investor sentiment around the stock.